# EDGAR Filing Document

**Accession Number:** 0001480207
**File Stem:** 0001145549-25-052683
**Filing Date:** 2025-8
**Character Count:** 1785821
**Document Hash:** 7b616984d90b1eed2d20d37dd2ccc900
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-052683.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001145549-25-052683

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DoubleLine Funds Trust
- **CENTRAL INDEX KEY:** 0001480207

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22378
- **FILM NUMBER:** 251245528

**BUSINESS ADDRESS:**
- **STREET 1:** 2002 N. TAMPA ST.,
- **STREET 2:** SUITE 200
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33602
- **BUSINESS PHONE:** (813) 791-7333

**MAIL ADDRESS:**
- **STREET 1:** 2002 N. TAMPA ST.,
- **STREET 2:** SUITE 200
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33602

## Series and Classes Contracts Data

### DoubleLine Core Fixed Income Fund (Series ID: S000028164)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000086128 | Class I      | DBLFX           |
| C000086129 | Class N      | DLFNX           |
| C000213585 | Class R6     | DDCFX           |

## Nport-Ex

---

| | |
|:---|:---|
| **DoubleLine Total Return Bond Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **ASSET BACKED OBLIGATIONS - 5.9%** | **ASSET BACKED OBLIGATIONS - 5.9%** |  |  |  |
|  | Affirm, Inc. |  |  |  |
| 26635000 | &nbsp;&nbsp;Series 2023-B-A | 6.82 %<sup>(a)</sup> | 09/15/2028 | 26732505 |
|  | Aligned Data Centers Issuer LLC |  |  |  |
| 12950000 | &nbsp;&nbsp;Series 2021-1A-A2 | 1.94 %<sup>(a)</sup> | 08/15/2046 | 12520408 |
| 11550000 | &nbsp;&nbsp;Series 2021-1A-B | 2.48 %<sup>(a)</sup> | 08/15/2046 | 11093282 |
|  | ALTDE Trust |  |  |  |
| 25267790 | &nbsp;&nbsp;Series 2025-1A-A | 5.90 %<sup>(a)</sup> | 08/15/2050 | 25837200 |
|  | American Credit Acceptance Receivables Trust |  |  |  |
| 2800000 | &nbsp;&nbsp;Series 2024-4-C | 4.91 %<sup>(a)</sup> | 08/12/2031 | 2808173 |
|  | Apollo Aviation Securitization Equity Trust |  |  |  |
| 5280244 | &nbsp;&nbsp;Series 2020-1A-A | 3.35 %<sup>(a)</sup> | 01/16/2040 | 5144589 |
| 11580154 | &nbsp;&nbsp;Series 2024-1A-A1 | 6.26 %<sup>(a)</sup> | 05/16/2049 | 11970267 |
| 33500678 | &nbsp;&nbsp;Series 2024-1A-B | 6.90 %<sup>(a)</sup> | 05/16/2049 | 33979403 |
| 54930364 | &nbsp;&nbsp;Series 2024-2A-A | 5.93 %<sup>(a)</sup> | 09/16/2049 | 56087308 |
| 8396038 | &nbsp;&nbsp;Series 2024-2A-B | 6.61 %<sup>(a)</sup> | 09/16/2049 | 8718992 |
| 25587555 | &nbsp;&nbsp;Series 2025-1A-A | 5.94 %<sup>(a)</sup> | 02/16/2050 | 26235534 |
| 10250000 | &nbsp;&nbsp;Series 2025-2A-A | 5.52 %<sup>(a)</sup> | 02/16/2050 | 10374415 |
|  | Blue Stream Communications LLC |  |  |  |
| 21500000 | &nbsp;&nbsp;Series 2024-1A-A2 | 5.41 %<sup>(a)</sup> | 11/20/2054 | 21692419 |
|  | Bojangles Issuer LLC |  |  |  |
| 18000000 | &nbsp;&nbsp;Series 2024-1A-A2 | 6.58 %<sup>(a)</sup> | 11/20/2054 | 18390326 |
|  | Bridgecrest Lending Auto Securitization Trust |  |  |  |
| 19700000 | &nbsp;&nbsp;Series 2024-4-C | 4.83% | 08/15/2030 | 19688582 |
| 5500000 | &nbsp;&nbsp;Series 2025-2-C | 5.17% | 03/17/2031 | 5557522 |
|  | CAI International, Inc. |  |  |  |
| 10354013 | &nbsp;&nbsp;Series 2020-1A-A | 2.22 %<sup>(a)</sup> | 09/25/2045 | 9781064 |
|  | Cajun Global LLC |  |  |  |
| 9662500 | &nbsp;&nbsp;Series 2021-1-A2 | 3.93 %<sup>(a)</sup> | 11/20/2051 | 9465227 |
|  | Carbon Level Mitigation Trust |  |  |  |
| 17649230 | &nbsp;&nbsp;Series 2021-3-CERT | 1.70 %<sup>(a)(b)</sup> | 09/08/2051 | 10429601 |
| 26944513 | &nbsp;&nbsp;Series 2022-3-CERT | 0.23 %<sup>(a)</sup> | 11/21/2052 | 14838397 |
|  | Carvana Auto Receivables Trust |  |  |  |
| 10770000 | &nbsp;&nbsp;Series 2024-P3-B | 4.53% | 11/11/2030 | 10734459 |
|  | Castlelake Aircraft Securitization Trust |  |  |  |
| 3682609 | &nbsp;&nbsp;Series 2017-1R-A | 2.74 %<sup>(a)</sup> | 08/15/2041 | 3571236 |
| 14358472 | &nbsp;&nbsp;Series 2025-1A-A | 5.78 %<sup>(a)</sup> | 02/15/2050 | 14672004 |
|  | Cloud Capital Holdco LP |  |  |  |
| 27250000 | &nbsp;&nbsp;Series 2024-2A-A2 | 5.92 %<sup>(a)</sup> | 11/22/2049 | 27418882 |
|  | Coinstar Funding LLC |  |  |  |
| 11771400 | &nbsp;&nbsp;Series 2017-1A-A2 | 5.22 %<sup>(a)</sup> | 04/25/2047 | 10976948 |
|  | Cologix Data Centers US Issuer LLC |  |  |  |
| 8725000 | &nbsp;&nbsp;Series 2021-1A-A2 | 3.30 %<sup>(a)</sup> | 12/26/2051 | 8448249 |
|  | Commonbond Student Loan Trust |  |  |  |
| 1163573 | &nbsp;&nbsp;Series 2016-A-A1 | 3.32 %<sup>(a)</sup> | 05/25/2040 | 1126572 |
|  | Compass Datacenters LLC |  |  |  |
| 10680000 | &nbsp;&nbsp;Series 2024-1A-A1 | 5.25 %<sup>(a)</sup> | 02/25/2049 | 10741830 |
| 16250000 | &nbsp;&nbsp;Series 2025-1A-A3 | 5.85 %<sup>(a)</sup> | 02/25/2050 | 16412765 |
|  | Container Leasing International LLC |  |  |  |
| 3895521 | &nbsp;&nbsp;Series 2020-1A-A | 2.08 %<sup>(a)</sup> | 09/18/2045 | 3623691 |
| 9300000 | &nbsp;&nbsp;Series 2025-1A-A | 5.35 %<sup>(a)</sup> | 06/20/2050 | 9392814 |
| 5800000 | &nbsp;&nbsp;Series 2025-1A-B | 5.59 %<sup>(a)</sup> | 06/20/2050 | 5848552 |
|  | Cyrusone Holdco LLC |  |  |  |
| 18200000 | &nbsp;&nbsp;Series 2023-1A-A2 | 4.30 %<sup>(a)</sup> | 04/20/2048 | 17776382 |
| 7650000 | &nbsp;&nbsp;Series 2025-1A-A2 | 5.91 %<sup>(a)</sup> | 02/20/2050 | 7810858 |
|  | DataBank Issuer |  |  |  |
| 39300000 | &nbsp;&nbsp;Series 2021-1A-A2 | 2.06 %<sup>(a)</sup> | 02/27/2051 | 38451089 |
| 31000000 | &nbsp;&nbsp;Series 2021-2A-A2 | 2.40 %<sup>(a)</sup> | 10/25/2051 | 29833244 |
| 3350000 | &nbsp;&nbsp;Series 2021-2A-B | 2.79 %<sup>(a)</sup> | 10/25/2051 | 3187004 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | DB Master Finance Parent LLC |  |  |  |
| 27743750 | &nbsp;&nbsp;Series 2021-1A-A23 | 2.79 %<sup>(a)</sup> | 11/20/2051 | 24267702 |
|  | Diamond Issuer |  |  |  |
| 6000000 | &nbsp;&nbsp;Series 2021-1A-B | 2.70 %<sup>(a)</sup> | 11/20/2051 | 5616871 |
|  | DigitalBridge Group, Inc. |  |  |  |
| 6300000 | &nbsp;&nbsp;Series 2023-1A-B | 5.75 %<sup>(a)</sup> | 09/15/2048 | 6299206 |
|  | Diversified Energy Co. PLC |  |  |  |
| 10734620 | &nbsp;&nbsp;Series 2024-1A-A1 | 7.08 %<sup>(a)</sup> | 05/30/2044 | 10928273 |
|  | Dividend Solar Loans LLC |  |  |  |
| 12671337 | &nbsp;&nbsp;Series 2019-1-A | 3.67 %<sup>(a)</sup> | 08/22/2039 | 11661199 |
|  | ECAF Ltd. |  |  |  |
| 14471436 | &nbsp;&nbsp;Series 2015-1A-A2 | 4.95 %<sup>(a)</sup> | 06/15/2040 | 13075710 |
|  | Falcon Aerospace Ltd. |  |  |  |
| 346793 | &nbsp;&nbsp;Series 2017-1-A | 4.58 %<sup>(a)</sup> | 02/15/2042 | 348921 |
|  | Falko Regional Aircraft Ltd. |  |  |  |
| 25430928 | &nbsp;&nbsp;Series 2021-1A-A | 5.75% | 04/15/2041 | 25307970 |
|  | FWEA |  |  |  |
| 19204324 | &nbsp;&nbsp;Series 2024-1-A | 7.15 %<sup>(c)</sup> | 08/25/2044 | 19665228 |
|  | GAIA Aviation Ltd. |  |  |  |
| 8579756 | &nbsp;&nbsp;Series 2019-1-A | 3.97 %<sup>(a)(d)</sup> | 12/15/2044 | 8350308 |
|  | Gilead Aviation LLC |  |  |  |
| 15876946 | &nbsp;&nbsp;Series 2025-1A-B | 6.52 %<sup>(a)</sup> | 03/15/2050 | 16290746 |
|  | Global Sea Containers Two SRL |  |  |  |
| 15830432 | &nbsp;&nbsp;Series 2020-1A-A | 2.17 %<sup>(a)</sup> | 10/17/2040 | 15097641 |
|  | GoodLeap Home Improvement Solutions Trust |  |  |  |
| 15691058 | &nbsp;&nbsp;Series 2024-1A-A | 5.35 %<sup>(a)</sup> | 10/20/2046 | 15885817 |
| 14000000 | &nbsp;&nbsp;Series 2025-2A-A | 5.32 %<sup>(a)</sup> | 06/20/2049 | 14225638 |
|  | GreenSky LLC |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2024-2-A3 | 5.15 %<sup>(a)</sup> | 10/27/2059 | 10134941 |
|  | Helios Issuer LLC |  |  |  |
| 5811914 | &nbsp;&nbsp;Series 2018-1A-A | 4.87 %<sup>(a)</sup> | 07/20/2048 | 5553016 |
| 5050058 | &nbsp;&nbsp;Series 2019-AA-A | 3.75 %<sup>(a)</sup> | 06/20/2046 | 4632516 |
| 13957841 | &nbsp;&nbsp;Series 2020-2A-A | 2.73 %<sup>(a)</sup> | 11/01/2055 | 11364221 |
| 5671204 | &nbsp;&nbsp;Series 2021-C-B | 2.33 %<sup>(a)</sup> | 10/20/2048 | 3848434 |
|  | HERO Funding Trust |  |  |  |
| 1612021 | &nbsp;&nbsp;Series 2016-3A-A2 | 3.91 %<sup>(a)</sup> | 09/20/2042 | 1505878 |
| 4278398 | &nbsp;&nbsp;Series 2016-4A-A2 | 4.29 %<sup>(a)</sup> | 09/20/2047 | 4026064 |
|  | Horizon Aircraft Finance Ltd. |  |  |  |
| 5380633 | &nbsp;&nbsp;Series 2019-1-A | 3.72 %<sup>(a)</sup> | 07/15/2039 | 5153070 |
| 24495625 | &nbsp;&nbsp;Series 2024-1-A | 5.38 %<sup>(a)</sup> | 09/15/2049 | 24557746 |
|  | ITE Rail Fund Levered LP |  |  |  |
| 11299229 | &nbsp;&nbsp;Series 2024-1A-A | 4.99 %<sup>(a)</sup> | 09/28/2054 | 11390752 |
|  | Jack in the Box, Inc. |  |  |  |
| 36385000 | &nbsp;&nbsp;Series 2019-1A-A23 | 4.97 %<sup>(a)</sup> | 08/25/2049 | 35211784 |
|  | Jersey Mike's Funding |  |  |  |
| 4542500 | &nbsp;&nbsp;Series 2019-1A-A2 | 4.43 %<sup>(a)</sup> | 02/15/2050 | 4506098 |
| 13965000 | &nbsp;&nbsp;Series 2024-1A-A2 | 5.64 %<sup>(a)</sup> | 02/15/2055 | 14226397 |
|  | Jimmy Johns LLC |  |  |  |
| 20038000 | &nbsp;&nbsp;Series 2017-1A-A2II | 4.85 %<sup>(a)</sup> | 07/30/2047 | 19871897 |
|  | JOL Air Ltd. |  |  |  |
| 6755686 | &nbsp;&nbsp;Series 2019-1-A | 3.97 %<sup>(a)</sup> | 04/15/2044 | 6655195 |
|  | Labrador Aviation Finance Ltd. |  |  |  |
| 36136016 | &nbsp;&nbsp;Series 2016-1A-A1 | 4.30 %<sup>(a)</sup> | 01/15/2042 | 34431914 |
|  | Loanpal Solar Loan Ltd. |  |  |  |
| 1255440 | &nbsp;&nbsp;Series 2021-1GS-B | 2.84 %<sup>(a)</sup> | 01/20/2048 | 953134 |
|  | Luminace Issuer LLC |  |  |  |
| 13851344 | &nbsp;&nbsp;Series 2024-1-A | 5.87 %<sup>(a)</sup> | 10/30/2031 | 13812393 |
|  | Lunar Aircraft Ltd. |  |  |  |
| 7940616 | &nbsp;&nbsp;Series 2020-1A-A | 3.38 %<sup>(a)</sup> | 02/15/2045 | 7743840 |
|  | Lunar Structured Aircraft Portfolio Notes |  |  |  |
| 917266 | &nbsp;&nbsp;Series 2021-1-B | 3.43 %<sup>(a)</sup> | 10/15/2046 | 861487 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Mariner Finance Issuance Trust |  |  |  |
| 35000000 | &nbsp;&nbsp;Series 2024-BA-A | 4.91 %<sup>(a)</sup> | 11/20/2038 | 35434854 |
| 6750000 | &nbsp;&nbsp;Series 2025-AA-C | 5.69 %<sup>(a)</sup> | 05/20/2038 | 6874246 |
|  | Marlette Funding Trust |  |  |  |
| 7700000 | &nbsp;&nbsp;Series 2024-1A-B | 6.07 %<sup>(a)</sup> | 07/17/2034 | 7768240 |
|  | Mosaic Solar Loans LLC |  |  |  |
| 9368072 | &nbsp;&nbsp;Series 2017-2A-A | 3.82 %<sup>(a)</sup> | 06/22/2043 | 8792079 |
| 5798917 | &nbsp;&nbsp;Series 2018-1A-A | 4.01 %<sup>(a)</sup> | 06/22/2043 | 5433720 |
| 7480418 | &nbsp;&nbsp;Series 2018-2GS-A | 4.20 %<sup>(a)</sup> | 02/22/2044 | 6981896 |
| 1209355 | &nbsp;&nbsp;Series 2019-1A-A | 4.37 %<sup>(a)</sup> | 12/21/2043 | 1137484 |
|  | Navient Student Loan Trust |  |  |  |
| 10834855 | &nbsp;&nbsp;Series 2017-A-B | 3.91 %<sup>(a)</sup> | 12/16/2058 | 10723577 |
| 11000000 | &nbsp;&nbsp;Series 2018-BA-B | 4.13 %<sup>(a)</sup> | 12/15/2059 | 10735308 |
|  | Navigator Aircraft ABS Ltd. |  |  |  |
| 9315788 | &nbsp;&nbsp;Series 2021-1-B | 3.57 %<sup>(a)(d)</sup> | 11/15/2046 | 8677814 |
|  | NBC Funding LLC |  |  |  |
| 16566750 | &nbsp;&nbsp;Series 2024-1A-A2 | 6.75 %<sup>(a)</sup> | 07/30/2054 | 16902111 |
|  | Neighborly Issuer |  |  |  |
| 14160000 | &nbsp;&nbsp;Series 2021-1A-A2 | 3.58 %<sup>(a)</sup> | 04/30/2051 | 13263397 |
|  | NP Railcar Holdings LLC |  |  |  |
| 2556432 | &nbsp;&nbsp;Series 2021-1A-A1 | 2.23 %<sup>(a)</sup> | 03/19/2051 | 2446055 |
|  | Pagaya AI Debt Selection Trust |  |  |  |
| 2150550 | &nbsp;&nbsp;Series 2024-1-A | 6.66 %<sup>(a)</sup> | 07/15/2031 | 2164733 |
| 2947851 | &nbsp;&nbsp;Series 2024-8-B | 5.46 %<sup>(a)</sup> | 01/15/2032 | 2955763 |
|  | Pioneer Aircraft Finance Ltd. |  |  |  |
| 22457756 | &nbsp;&nbsp;Series 2019-1-A | 3.97 %<sup>(a)</sup> | 06/15/2044 | 21952658 |
|  | Primrose Funding LLC |  |  |  |
| 5775000 | &nbsp;&nbsp;Series 2025-1A-A2 | 6.46 %<sup>(a)</sup> | 07/30/2055 | 5866008 |
|  | Project Silver |  |  |  |
| 23228216 | &nbsp;&nbsp;Series 2019-1-A | 3.97 %<sup>(a)</sup> | 07/15/2044 | 22633481 |
|  | Raptor Aircraft Finance |  |  |  |
| 11953418 | &nbsp;&nbsp;Series 2019-1-A | 4.21 %<sup>(a)</sup> | 08/23/2044 | 11082217 |
|  | Renew |  |  |  |
| 5882981 | &nbsp;&nbsp;Series 2017-2A-A | 3.22 %<sup>(a)</sup> | 09/22/2053 | 5349860 |
|  | Research-Driven Pagaya Motor Asset Trust |  |  |  |
| 11874667 | &nbsp;&nbsp;Series 2021-2A-A | 2.65 %<sup>(a)</sup> | 03/25/2030 | 11621110 |
| 7750000 | &nbsp;&nbsp;Series 2025-1A-B | 5.49 %<sup>(a)</sup> | 06/27/2033 | 7740581 |
| 8495000 | &nbsp;&nbsp;Series 2025-3A-A2 | 5.15 %<sup>(a)</sup> | 02/27/2034 | 8541677 |
|  | Sapphire Aviation Finance Ltd. |  |  |  |
| 25698416 | &nbsp;&nbsp;Series 2020-1A-A | 3.23 %<sup>(a)</sup> | 03/15/2040 | 24795913 |
| 5200936 | &nbsp;&nbsp;Series 2020-1A-B | 4.34 %<sup>(a)</sup> | 03/15/2040 | 4847272 |
|  | SEB Funding LLC |  |  |  |
| 17705625 | &nbsp;&nbsp;Series 2021-1A-A2 | 4.97 %<sup>(a)</sup> | 01/30/2052 | 17391000 |
|  | ServiceMaster Funding LLC |  |  |  |
| 3912077 | &nbsp;&nbsp;Series 2020-1-A2II | 3.34 %<sup>(a)</sup> | 01/30/2051 | 3408537 |
|  | SFS Auto Receivables Securitization Trust |  |  |  |
| 11300000 | &nbsp;&nbsp;Series 2024-3A-A4 | 4.60 %<sup>(a)</sup> | 11/20/2031 | 11425483 |
|  | Shenton Aircraft Investment Ltd. |  |  |  |
| 15135432 | &nbsp;&nbsp;Series 2015-1A-A | 4.75 %<sup>(a)</sup> | 10/15/2042 | 14784896 |
|  | Sierra Timeshare Conduit Receivables Funding LLC |  |  |  |
| 806595 | &nbsp;&nbsp;Series 2021-2A-C | 1.95 %<sup>(a)</sup> | 09/20/2038 | 787792 |
| 967915 | &nbsp;&nbsp;Series 2021-2A-D | 3.23 %<sup>(a)</sup> | 09/20/2038 | 943930 |
|  | SLM Student Loan Trust |  |  |  |
| 3430868 | &nbsp;&nbsp;Series 2006-A-A5 (3 mo. Term SOFR + 0.55%, 0.00% Floor) | 4.87% | 06/15/2039 | 3339954 |
| 2609382 | &nbsp;&nbsp;Series 2006-B-A5 (3 mo. Term SOFR + 0.53%, 0.00% Floor) | 4.85% | 12/15/2039 | 2546843 |
|  | SOFI Alternative Trust |  |  |  |
| 1529678 | &nbsp;&nbsp;Series 2021-1-PT2 | 9.72 %<sup>(a)(b)</sup> | 05/25/2030 | 1515005 |
| 4048363 | &nbsp;&nbsp;Series 2021-2-A | 1.25 %<sup>(a)</sup> | 08/15/2030 | 4002960 |
| 500000 | &nbsp;&nbsp;Series 2021-2-R1 | 0.00 %<sup>(a)(c)(e)</sup> | 08/15/2030 | 2302007 |
| 6439756 | &nbsp;&nbsp;Series 2021-3-A | 1.50 %<sup>(a)</sup> | 11/15/2030 | 6340023 |
| 950000 | &nbsp;&nbsp;Series 2021-3-R1 | 0.00 %<sup>(a)(c)(e)</sup> | 11/15/2030 | 4264642 |
|  | SoFi Consumer Loan Program Trust |  |  |  |
| 3452000 | &nbsp;&nbsp;Series 2025-1-C | 5.42 %<sup>(a)</sup> | 02/27/2034 | 3503440 |
| 14350000 | &nbsp;&nbsp;Series 2025-2-C | 5.22 %<sup>(a)</sup> | 06/25/2034 | 14600651 |
| 5000000 | &nbsp;&nbsp;Series 2025-2-D | 5.62 %<sup>(a)</sup> | 06/25/2034 | 5095155 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | SoFi Professional Loan Program LLC |  |  |  |
| 12800000 | &nbsp;&nbsp;Series 2018-A-B | 3.61 %<sup>(a)</sup> | 02/25/2042 | 12388965 |
| 18000000 | &nbsp;&nbsp;Series 2018-B-BFX | 3.83 %<sup>(a)</sup> | 08/25/2047 | 17335591 |
|  | Sprite/KY |  |  |  |
| 12083815 | &nbsp;&nbsp;Series 2021-1-A | 3.75 %<sup>(a)</sup> | 11/15/2046 | 11682669 |
|  | Start/Bermuda |  |  |  |
| 9858294 | &nbsp;&nbsp;Series 2018-1-A | 4.09 %<sup>(a)</sup> | 05/15/2043 | 9858915 |
|  | Stonepeak ABS |  |  |  |
| 1722488 | &nbsp;&nbsp;Series 2021-1A-A | 2.68 %<sup>(a)</sup> | 02/28/2033 | 1652124 |
| 3388225 | &nbsp;&nbsp;Series 2021-1A-B | 3.82 %<sup>(a)</sup> | 02/28/2033 | 3254004 |
|  | Subway Funding LLC |  |  |  |
| 19750750 | &nbsp;&nbsp;Series 2024-1A-A23 | 6.51 %<sup>(a)</sup> | 07/30/2054 | 20316901 |
| 6228700 | &nbsp;&nbsp;Series 2024-3A-A23 | 5.91 %<sup>(a)</sup> | 07/30/2054 | 6184504 |
|  | Sunbird Engine Finance |  |  |  |
| 28293751 | &nbsp;&nbsp;Series 2020-1A-A | 3.67 %<sup>(a)</sup> | 02/15/2045 | 27637704 |
|  | Switch ABS Issuer LLC |  |  |  |
| 27500000 | &nbsp;&nbsp;Series 2024-2A-A2 | 5.44 %<sup>(a)</sup> | 06/25/2054 | 27742413 |
| 8500000 | &nbsp;&nbsp;Series 2024-2A-B | 6.20 %<sup>(a)</sup> | 06/25/2054 | 8583536 |
| 3775000 | &nbsp;&nbsp;Series 2025-1A-B | 6.49 %<sup>(a)</sup> | 03/25/2055 | 3826246 |
|  | Taco Bell Corp. |  |  |  |
| 7417875 | &nbsp;&nbsp;Series 2021-1A-A23 | 2.54 %<sup>(a)</sup> | 08/25/2051 | 6368505 |
| 5207250 | &nbsp;&nbsp;Series 2021-1A-A2I | 1.95 %<sup>(a)</sup> | 08/25/2051 | 4967674 |
|  | TAL Advantage LLC |  |  |  |
| 10025000 | &nbsp;&nbsp;Series 2020-1A-A | 2.05 %<sup>(a)</sup> | 09/20/2045 | 9447482 |
| 2130313 | &nbsp;&nbsp;Series 2020-1A-B | 3.29 %<sup>(a)</sup> | 09/20/2045 | 2025508 |
|  | Tesla Sustainable Energy Trust |  |  |  |
| 10010000 | &nbsp;&nbsp;Series 2024-1A-A3 | 5.29 %<sup>(a)</sup> | 06/20/2050 | 10077932 |
|  | Textainer Ltd. |  |  |  |
| 6124451 | &nbsp;&nbsp;Series 2020-1A-A | 2.73 %<sup>(a)</sup> | 08/21/2045 | 5876175 |
| 1891088 | &nbsp;&nbsp;Series 2020-2A-B | 3.34 %<sup>(a)</sup> | 09/20/2045 | 1793795 |
|  | Upgrade Master Credit Pass-Thru Trust |  |  |  |
| 52576 | &nbsp;&nbsp;Series 2021-PT1-A | 0.00 %<sup>(a)(b)</sup> | 08/15/2027 | 14658 |
|  | Upgrade Master Pass-Thru Trust |  |  |  |
| 434545 | &nbsp;&nbsp;Series 2021-PT1-A | 16.79 %<sup>(a)(b)</sup> | 04/15/2027 | 420286 |
| 532228 | &nbsp;&nbsp;Series 2021-PT3-A | 16.14 %<sup>(a)(b)</sup> | 07/15/2027 | 497564 |
| 319495 | &nbsp;&nbsp;Series 2021-PT4-A | 13.64 %<sup>(a)(b)</sup> | 08/15/2027 | 302764 |
| 785266 | &nbsp;&nbsp;Series 2021-PT5-A | 24.21 %<sup>(a)(b)</sup> | 10/15/2027 | 720494 |
| 5503375 | &nbsp;&nbsp;Series 2025-ST1-A | 5.44 %<sup>(a)</sup> | 04/15/2032 | 5514687 |
| 10918073 | &nbsp;&nbsp;Series 2025-ST3-A | 5.98 %<sup>(a)</sup> | 06/15/2032 | 11007239 |
|  | Upstart Pass-Through Trust Series |  |  |  |
| 8574 | &nbsp;&nbsp;Series 2021-ST1-A | 2.75 %<sup>(a)</sup> | 02/20/2027 | 8562 |
|  | Upstart Securitization Trust |  |  |  |
| 1755441 | &nbsp;&nbsp;Series 2021-3-C | 3.28 %<sup>(a)</sup> | 07/20/2031 | 1738282 |
| 9036015 | &nbsp;&nbsp;Series 2024-1-A | 5.33 %<sup>(a)</sup> | 11/20/2034 | 9052752 |
| 17394000 | &nbsp;&nbsp;Series 2025-2-B | 5.62 %<sup>(a)</sup> | 06/20/2035 | 17539918 |
|  | Vantage Data Centers Holding LLC |  |  |  |
| 32425000 | &nbsp;&nbsp;Series 2020-2A-A2 | 1.99 %<sup>(a)</sup> | 09/15/2045 | 30464928 |
|  | Vault DI Issuer LLC |  |  |  |
| 54400000 | &nbsp;&nbsp;Series 2021-1A-A2 | 2.80 %<sup>(a)</sup> | 07/15/2046 | 52632636 |
|  | Vivant Solar Financing V Parent LLC |  |  |  |
| 15437935 | &nbsp;&nbsp;Series 2018-1A-A | 4.73 %<sup>(a)</sup> | 04/30/2048 | 14667602 |
|  | VR Funding LLC |  |  |  |
| 12646631 | &nbsp;&nbsp;Series 2020-1A-A | 2.79 %<sup>(a)</sup> | 11/15/2050 | 11962183 |
|  | Waterfall Commercial Mortgage Trust |  |  |  |
| 2427414 | &nbsp;&nbsp;Series 2015-SBC5-A | 4.10 %<sup>(a)(b)</sup> | 01/14/2026 | 2390967 |
|  | Wendy's SPV Guarantor LLC |  |  |  |
| 18583293 | &nbsp;&nbsp;Series 2019-1A-A2II | 4.08 %<sup>(a)</sup> | 06/15/2049 | 17955920 |
|  | Westlake Automobile Receivables Trust |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2024-3A-C | 4.92 %<sup>(a)</sup> | 11/15/2029 | 15079067 |
|  | Willis Lease Finance Corp. |  |  |  |
| 38784130 | &nbsp;&nbsp;Series 2020-A-A | 3.23 %<sup>(a)</sup> | 03/15/2045 | 37085385 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Wingstop, Inc. |  |  |  |
| 10342500 | &nbsp;&nbsp;Series 2020-1A-A2 | 2.84 %<sup>(a)</sup> | 12/05/2050 | 9814723 |
|  | **Total Asset Backed Obligations (Cost $1,799,048,053)** |  |  | **1759699432** |
| **COLLATERALIZED LOAN OBLIGATIONS - 4.7%** | **COLLATERALIZED LOAN OBLIGATIONS - 4.7%** |  |  |  |
|  | Allegro CLO Ltd. |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2022-1A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor) | 5.49 %<sup>(a)</sup> | 04/20/2038 | 5002370 |
| 30000000 | &nbsp;&nbsp;Series 2024-2A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor) | 5.78 %<sup>(a)</sup> | 07/24/2037 | 30137403 |
|  | Anthelion Ltd. |  |  |  |
| 34000000 | &nbsp;&nbsp;Series 2025-1A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor) | 0.00 %<sup>(a)</sup> | 07/20/2036 | 33915000 |
|  | Apidos CLO |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2024-48A-A1 (3 mo. Term SOFR + 1.44%, 1.44% Floor) | 5.72 %<sup>(a)</sup> | 07/25/2037 | 15059981 |
|  | ARES CLO |  |  |  |
| 7000000 | &nbsp;&nbsp;Series 2017-44A-A3R1 (3 mo. Term SOFR + 1.91%, 1.65% Floor) | 6.17 %<sup>(a)</sup> | 04/15/2034 | 7015626 |
|  | Bain Capital Credit CLO |  |  |  |
| 20000000 | &nbsp;&nbsp;Series 2022-6A-A1R (3 mo. Term SOFR + 1.37%, 1.37% Floor) | 5.64 %<sup>(a)</sup> | 01/22/2038 | 20099872 |
| 15000000 | &nbsp;&nbsp;Series 2024-6A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.65 %<sup>(a)</sup> | 01/21/2038 | 15048645 |
|  | Battalion CLO Ltd. |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2017-11A-BR (3 mo. Term SOFR + 1.98%, 1.72% Floor) | 6.26 %<sup>(a)</sup> | 04/24/2034 | 3010317 |
| 1000000 | &nbsp;&nbsp;Series 2021-19A-B (3 mo. Term SOFR + 1.86%, 1.60% Floor) | 6.12 %<sup>(a)</sup> | 04/15/2034 | 1002032 |
|  | Benefit Street Partners CLO Ltd. |  |  |  |
| 14500000 | &nbsp;&nbsp;Series 2015-6BR-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor) | 5.46 %<sup>(a)</sup> | 04/20/2038 | 14492750 |
|  | Birch Grove CLO |  |  |  |
| 13500000 | &nbsp;&nbsp;Series 2023-5A-A1R (3 mo. Term SOFR + 1.41%, 1.41% Floor) | 5.68 %<sup>(a)</sup> | 10/20/2037 | 13560634 |
|  | BlueMountain CLO Ltd. |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2018-2A-B (3 mo. Term SOFR + 1.96%, 1.70% Floor) | 6.29 %<sup>(a)</sup> | 08/15/2031 | 5026580 |
|  | Bridge Street CLO Ltd. |  |  |  |
| 166500000 | &nbsp;&nbsp;Series 2020-1A-A1R (3 mo. Term SOFR + 1.55%, 1.55% Floor) | 5.82 %<sup>(a)</sup> | 07/20/2037 | 167269846 |
| 39500000 | &nbsp;&nbsp;Series 2024-1A-A (3 mo. Term SOFR + 1.60%, 1.60% Floor) | 5.87 %<sup>(a)</sup> | 04/20/2037 | 39667441 |
| 10000000 | &nbsp;&nbsp;Series 2025-1A-A1 (3 mo. Term SOFR + 1.22%, 1.22% Floor) | 5.48 %<sup>(a)</sup> | 04/20/2038 | 10005110 |
|  | Canyon Capital CLO Ltd. |  |  |  |
| 2500000 | &nbsp;&nbsp;Series 2021-2A-B1 (3 mo. Term SOFR + 2.01%, 2.01% Floor) | 6.27 %<sup>(a)</sup> | 04/15/2034 | 2507528 |
|  | Capital Four US CLO Ltd. |  |  |  |
| 16500000 | &nbsp;&nbsp;Series 2021-1A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor) | 5.74 %<sup>(a)</sup> | 01/18/2035 | 16530032 |
| 18000000 | &nbsp;&nbsp;Series 2022-1A-BR (3 mo. Term SOFR + 2.65%, 2.65% Floor) | 6.92 %<sup>(a)</sup> | 01/20/2037 | 18137516 |
|  | Carlyle Global Market Strategies |  |  |  |
| 28080000 | &nbsp;&nbsp;Series 2017-2A-AR2 (3 mo. Term SOFR + 1.49%, 1.49% Floor) | 5.76 %<sup>(a)</sup> | 07/20/2037 | 28207859 |
| 48000000 | &nbsp;&nbsp;Series 2021-7A-A1R (3 mo. Term SOFR + 1.20%, 1.20% Floor) | 5.46 %<sup>(a)</sup> | 04/15/2038 | 48033096 |
|  | CarVal CLO |  |  |  |
| 6000000 | &nbsp;&nbsp;Series 2024-1A-B (3 mo. Term SOFR + 2.10%, 2.10% Floor) | 6.37 %<sup>(a)</sup> | 04/20/2037 | 6049071 |
|  | CBAM Ltd. |  |  |  |
| 18000000 | &nbsp;&nbsp;Series 2017-1A-AR2 (3 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.66 %<sup>(a)</sup> | 01/20/2038 | 18076104 |
| 11000000 | &nbsp;&nbsp;Series 2017-2A-BR (3 mo. Term SOFR + 2.11%, 1.85% Floor) | 6.39 %<sup>(a)</sup> | 07/17/2034 | 11055912 |
|  | Cedar Funding Ltd. |  |  |  |
| 39100000 | &nbsp;&nbsp;Series 2018-9A-AR (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.69 %<sup>(a)</sup> | 07/20/2037 | 39270930 |
| 2000000 | &nbsp;&nbsp;Series 2022-15A-B (3 mo. Term SOFR + 1.80%, 1.80% Floor) | 6.07 %<sup>(a)</sup> | 04/20/2035 | 2003724 |
|  | CIFC Funding Ltd. |  |  |  |
| 11500000 | &nbsp;&nbsp;Series 2022-3A-B (3 mo. Term SOFR + 2.00%, 2.00% Floor) | 6.27 %<sup>(a)</sup> | 04/21/2035 | 11550025 |
|  | Crown City CLO |  |  |  |
| 2750000 | &nbsp;&nbsp;Series 2021-1A-A2 (3 mo. Term SOFR + 1.98%, 1.72% Floor) | 6.25 %<sup>(a)</sup> | 07/20/2034 | 2756247 |
| 17500000 | &nbsp;&nbsp;Series 2023-5A-A1R (3 mo. Term SOFR + 1.60%, 1.60% Floor) | 5.87 %<sup>(a)</sup> | 04/20/2037 | 17572331 |
| 90000000 | &nbsp;&nbsp;Series 2024-6A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor) | 5.76 %<sup>(a)</sup> | 07/15/2037 | 90401859 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Dryden Senior Loan Fund |  |  |  |
| 3500000 | &nbsp;&nbsp;Series 2017-53A-B (3 mo. Term SOFR + 1.66%, 0.00% Floor) | 5.92 %<sup>(a)</sup> | 01/15/2031 | 3501103 |
|  | Empower CLO Ltd. |  |  |  |
| 20500000 | &nbsp;&nbsp;Series 2022-1A-A1R (3 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.66 %<sup>(a)</sup> | 10/20/2037 | 20594608 |
| 9000000 | &nbsp;&nbsp;Series 2023-3A-B (3 mo. Term SOFR + 2.55%, 2.55% Floor) | 6.82 %<sup>(a)</sup> | 01/20/2037 | 9062912 |
| 19000000 | &nbsp;&nbsp;Series 2024-2A-A1 (3 mo. Term SOFR + 1.52%, 1.52% Floor) | 5.78 %<sup>(a)</sup> | 07/15/2037 | 19089327 |
|  | Franklin Park Place CLO LLC |  |  |  |
| 22632000 | &nbsp;&nbsp;Series 2022-1A-AR (3 mo. Term SOFR + 1.25%, 1.25% Floor) | 5.49 %<sup>(a)</sup> | 04/14/2038 | 22675295 |
|  | Generate CLO Ltd. |  |  |  |
| 5800000 | &nbsp;&nbsp;Series 3A-B2R (3 mo. Term SOFR + 2.60%, 2.60% Floor) | 6.87 %<sup>(a)</sup> | 10/20/2036 | 5846567 |
|  | Halcyon Loan Advisors Funding Ltd. |  |  |  |
| 2016923 | &nbsp;&nbsp;Series 2014-2A-D (3 mo. Term SOFR + 5.26%, 0.00% Floor) | 9.54 %<sup>(a)</sup> | 09/28/2025 | 318876 |
|  | Halsey Point CLO Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2020-2A-AR (3 mo. Term SOFR + 1.52%, 1.52% Floor) | 5.79 %<sup>(a)</sup> | 07/20/2037 | 10047354 |
|  | Harbourview CLO VII LLC |  |  |  |
| 1713343 | &nbsp;&nbsp;Series 7RA-A1 (3 mo. Term SOFR + 1.39%, 1.13% Floor) | 5.66 %<sup>(a)</sup> | 07/18/2031 | 1714244 |
|  | Harvest US CLO |  |  |  |
| 20000000 | &nbsp;&nbsp;Series 2023-1A-B (3 mo. Term SOFR + 2.60%, 2.60% Floor) | 6.86 %<sup>(a)</sup> | 01/15/2037 | 20144232 |
|  | Jackson Financial, Inc. |  |  |  |
| 9500000 | &nbsp;&nbsp;Series 2022-6RA-BR (3 mo. Term SOFR + 2.75%, 2.75% Floor) | 7.02 %<sup>(a)</sup> | 01/20/2037 | 9584068 |
|  | Jamestown CLO Ltd. |  |  |  |
| 6000000 | &nbsp;&nbsp;Series 2018-11A-A2 (3 mo. Term SOFR + 1.96%, 0.00% Floor) | 6.20 %<sup>(a)</sup> | 07/14/2031 | 6010627 |
|  | Katayma CLO Ltd. |  |  |  |
| 25000000 | &nbsp;&nbsp;Series 2024-2A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor) | 5.92 %<sup>(a)</sup> | 04/20/2037 | 25129300 |
|  | LCM LP |  |  |  |
| 4781020 | &nbsp;&nbsp;Series 17A-A2RR (3 mo. Term SOFR + 1.41%, 1.15% Floor) | 5.67 %<sup>(a)</sup> | 10/15/2031 | 4787180 |
|  | Marble Point CLO |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2020-1A-AR (3 mo. Term SOFR + 1.44%, 1.44% Floor) | 5.71 %<sup>(a)</sup> | 07/20/2037 | 5022846 |
| 58000000 | &nbsp;&nbsp;Series 2021-2A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor) | 5.74 %<sup>(a)</sup> | 07/25/2034 | 58070731 |
| 50000000 | &nbsp;&nbsp;Series 2021-4A-A1 (3 mo. Term SOFR + 1.47%, 1.21% Floor) | 5.74 %<sup>(a)</sup> | 01/22/2035 | 50075710 |
| 20000000 | &nbsp;&nbsp;Series 2022-2A-A1R (3 mo. Term SOFR + 1.93%, 1.93% Floor) | 6.20 %<sup>(a)</sup> | 10/20/2036 | 20084030 |
| 11400000 | &nbsp;&nbsp;Series 2022-2A-BR (3 mo. Term SOFR + 2.85%, 2.85% Floor) | 7.12 %<sup>(a)</sup> | 10/20/2036 | 11494037 |
|  | Menlo CLO Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2024-1A-A1 (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.69 %<sup>(a)</sup> | 01/20/2038 | 10037863 |
|  | MP CLO Ltd. |  |  |  |
| 713640 | &nbsp;&nbsp;Series 2013-1A-AR (3 mo. Term SOFR + 1.51%, 0.00% Floor) | 5.78 %<sup>(a)</sup> | 10/20/2030 | 714061 |
|  | Nassau Global Credit LLC |  |  |  |
| 6393585 | &nbsp;&nbsp;Series 2018-IA-A (3 mo. Term SOFR + 1.41%, 0.00% Floor) | 5.67 %<sup>(a)</sup> | 07/15/2031 | 6395860 |
|  | OCP CLO Ltd. |  |  |  |
| 23500000 | &nbsp;&nbsp;Series 2017-13A-AR2 (3 mo. Term SOFR + 1.34%, 1.34% Floor) | 5.61 %<sup>(a)</sup> | 11/26/2037 | 23600185 |
| 5000000 | &nbsp;&nbsp;Series 2020-18A-A1R2 (3 mo. Term SOFR + 1.37%, 1.37% Floor) | 5.64 %<sup>(a)</sup> | 07/20/2037 | 5018508 |
|  | Octagon Credit Investors LLC |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2025-1A-A1 (3 mo. Term SOFR + 1.20%, 1.20% Floor) | 5.49 %<sup>(a)</sup> | 01/22/2038 | 10006388 |
|  | Octagon Investment Partners Ltd. |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2019-1A-BR (3 mo. Term SOFR + 1.85%, 1.85% Floor) | 6.11 %<sup>(a)</sup> | 04/15/2035 | 1504698 |
|  | Park Blue CLO Ltd. |  |  |  |
| 7400000 | &nbsp;&nbsp;Series 2023-4A-B (3 mo. Term SOFR + 2.70%, 2.70% Floor) | 6.98 %<sup>(a)</sup> | 01/25/2037 | 7460445 |
| 21000000 | &nbsp;&nbsp;Series 2025-7A-A1 (3 mo. Term SOFR + 1.22%, 1.22% Floor) | 5.47 %<sup>(a)</sup> | 04/25/2038 | 21004200 |
|  | Rockford Tower CLO Ltd. |  |  |  |
| 2525000 | &nbsp;&nbsp;Series 2018-2A-B (3 mo. Term SOFR + 2.06%, 1.80% Floor) | 6.33 %<sup>(a)</sup> | 10/20/2031 | 2531082 |
| 15000000 | &nbsp;&nbsp;Series 2022-3A-AR (3 mo. Term SOFR + 1.44%, 1.44% Floor) | 5.71 %<sup>(a)</sup> | 07/20/2037 | 15070467 |
| 10000000 | &nbsp;&nbsp;Series 2024-1A-A1 (3 mo. Term SOFR + 1.61%, 1.61% Floor) | 5.88 %<sup>(a)</sup> | 04/20/2037 | 10043301 |
|  | Sound Point CLO Ltd. |  |  |  |
| 11880998 | &nbsp;&nbsp;Series 2013-3RA-A (3 mo. Term SOFR + 1.41%, 1.15% Floor) | 5.68 %<sup>(a)</sup> | 04/18/2031 | 11905497 |
| 18000000 | &nbsp;&nbsp;Series 2018-2A-C (3 mo. Term SOFR + 2.21%, 0.00% Floor) | 6.49 %<sup>(a)</sup> | 07/26/2031 | 18048582 |
| 16845990 | &nbsp;&nbsp;Series 2018-3A-A1AR (3 mo. Term SOFR + 1.30%, 1.30% Floor) | 5.58 %<sup>(a)</sup> | 10/26/2031 | 16880827 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 25250000 | &nbsp;&nbsp;Series 2020-2A-AR (3 mo. Term SOFR + 1.44%, 1.18% Floor) | 5.72 %<sup>(a)</sup> | 10/25/2034 | 25288789 |
| 15150000 | &nbsp;&nbsp;Series 2021-1A-A (3 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.61 %<sup>(a)</sup> | 04/25/2034 | 15190905 |
| 10000000 | &nbsp;&nbsp;Series 2024-3A-A1 (3 mo. Term SOFR + 1.60%, 1.60% Floor) | 5.92 %<sup>(a)</sup> | 02/20/2037 | 10035416 |
| 20000000 | &nbsp;&nbsp;Series 2024-4A-A1 (3 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.81 %<sup>(a)</sup> | 07/20/2037 | 20080978 |
| 11750000 | &nbsp;&nbsp;Series 2024-5A-A1 (3 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.66 %<sup>(a)</sup> | 10/20/2037 | 11802506 |
|  | Steele Creek CLO Ltd. |  |  |  |
| 8638509 | &nbsp;&nbsp;Series 2016-1A-AR (3 mo. Term SOFR + 1.38%, 1.12% Floor) | 5.70 %<sup>(a)</sup> | 06/15/2031 | 8651388 |
|  | Trestles LLC |  |  |  |
| 25000000 | &nbsp;&nbsp;Series 2023-6A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor) | 5.45 %<sup>(a)</sup> | 04/25/2038 | 25007450 |
|  | Trimaran CAVU LLC |  |  |  |
| 20000000 | &nbsp;&nbsp;Series 2021-3A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor) | 5.74 %<sup>(a)</sup> | 01/18/2035 | 20030668 |
|  | Unity-Peace Park CLO Ltd. |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2022-1A-B (3 mo. Term SOFR + 2.00%, 2.00% Floor) | 6.27 %<sup>(a)</sup> | 04/20/2035 | 15069287 |
|  | Vibrant Clo X Ltd. |  |  |  |
| 60500000 | &nbsp;&nbsp;Series 2018-10RA-A1 (3 mo. Term SOFR + 1.70%, 1.70% Floor) | 5.97 %<sup>(a)</sup> | 04/20/2036 | 60758619 |
|  | Warwick Capital CLO Ltd. |  |  |  |
| 18500000 | &nbsp;&nbsp;Series 2024-3A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor) | 5.92 %<sup>(a)</sup> | 04/20/2037 | 18577201 |
| 10000000 | &nbsp;&nbsp;Series 2024-4A-A1 (3 mo. Term SOFR + 1.40%, 1.40% Floor) | 5.67 %<sup>(a)</sup> | 07/20/2037 | 10042897 |
|  | Wind River CLO Ltd. |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 2013-2A-CR (3 mo. Term SOFR + 2.26%, 0.00% Floor) | 6.53 %<sup>(a)</sup> | 10/18/2030 | 4010912 |
| 268499 | &nbsp;&nbsp;Series 2014-2A-AR (3 mo. Term SOFR + 1.40%, 1.14% Floor) | 5.66 %<sup>(a)</sup> | 01/15/2031 | 268634 |
|  | **Total Collateralized Loan Obligations (Cost $1,396,457,193)** |  |  | **1400756502** |
| **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 7.6%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 7.6%** |  |  |  |
|  | 1345 Trust |  |  |  |
| 10540000 | &nbsp;&nbsp;Series 2025-AOA-A (1 mo. Term SOFR + 1.60%, 1.60% Floor) | 5.90 %<sup>(a)</sup> | 06/15/2030 | 10573968 |
|  | 280 Park Avenue Mortgage Trust |  |  |  |
| 24890000 | &nbsp;&nbsp;Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor) | 5.49 %<sup>(a)</sup> | 09/15/2034 | 24670771 |
|  | ACREC Trust |  |  |  |
| 5744187 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 10/16/2036 | 5750517 |
| 16090000 | &nbsp;&nbsp;Series 2025-FL3-A (1 mo. Term SOFR + 1.31%, 1.31% Floor) | 5.62 %<sup>(a)</sup> | 08/18/2042 | 16086380 |
|  | Arbor Multifamily Mortgage Securities Trust |  |  |  |
| 21947000 | &nbsp;&nbsp;Series 2021-MF3-XB | 0.60 %<sup>(a)(b)(f)</sup> | 10/15/2054 | 618545 |
|  | Arbor Realty Trust, Inc. |  |  |  |
| 124535150 | &nbsp;&nbsp;Series 2020-MF1-XA | 1.05 %<sup>(a)(b)(f)</sup> | 05/15/2053 | 4471397 |
| 8091603 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.46% Floor) | 5.78 %<sup>(a)</sup> | 11/15/2036 | 8115732 |
| 10374037 | &nbsp;&nbsp;Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor) | 5.75 %<sup>(a)</sup> | 01/15/2037 | 10388477 |
|  | ARDN Mortgage Trust |  |  |  |
| 19240000 | &nbsp;&nbsp;Series 2025-ARCP-A (1 mo. Term SOFR + 1.75%, 1.75% Floor) | 6.05 %<sup>(a)</sup> | 06/15/2035 | 19284700 |
|  | AREIT Ltd. |  |  |  |
| 10050951 | &nbsp;&nbsp;Series 2024-CRE9-A (1 mo. Term SOFR + 1.69%, 1.69% Floor) | 6.00 %<sup>(a)</sup> | 05/17/2041 | 10051564 |
|  | AREIT Trust |  |  |  |
| 26120000 | &nbsp;&nbsp;Series 2025-CRE10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 12/17/2029 | 25881551 |
|  | Ares Commercial Real Estate Corp. |  |  |  |
| 1688486 | &nbsp;&nbsp;Series 2021-FL4-B (1 mo. Term SOFR + 2.01%, 1.40% Floor) | 6.33 %<sup>(a)</sup> | 12/18/2037 | 1676756 |
|  | Banc of America Merrill Lynch Commercial Mortgage, Inc. |  |  |  |
| 31767320 | &nbsp;&nbsp;Series 2015-UBS7-XA | 0.82 %<sup>(b)(f)</sup> | 09/15/2048 | 511 |
| 2121000 | &nbsp;&nbsp;Series 2016-UB10-C | 4.98 %<sup>(b)</sup> | 07/15/2049 | 2043598 |
|  | Banc of America Re-Remic Trust |  |  |  |
| 15435000 | &nbsp;&nbsp;Series 2020-BOC-D | 3.29 %<sup>(a)(b)</sup> | 01/15/2032 | 11103559 |
| 7505000 | &nbsp;&nbsp;Series 2020-BOC-E | 3.29 %<sup>(a)(b)</sup> | 01/15/2032 | 3993453 |
|  | BANK |  |  |  |
| 3554000 | &nbsp;&nbsp;Series 2017-BNK4-C | 4.37 %<sup>(b)</sup> | 05/15/2050 | 3149477 |
| 31079156 | &nbsp;&nbsp;Series 2017-BNK4-XA | 1.49 %<sup>(b)(f)</sup> | 05/15/2050 | 584238 |
| 4916000 | &nbsp;&nbsp;Series 2017-BNK5-B | 3.90 %<sup>(b)</sup> | 06/15/2060 | 4727400 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 65010887 | &nbsp;&nbsp;Series 2017-BNK5-XA | 1.08 %<sup>(b)(f)</sup> | 06/15/2060 | 1028056 |
| 139861667 | &nbsp;&nbsp;Series 2018-BN10-XA | 0.83 %<sup>(b)(f)</sup> | 02/15/2061 | 2067421 |
| 31334000 | &nbsp;&nbsp;Series 2018-BN10-XD | 1.86 %<sup>(a)(b)(f)</sup> | 02/15/2061 | 1263575 |
| 2290000 | &nbsp;&nbsp;Series 2019-BN16-B | 4.44 %<sup>(b)</sup> | 02/15/2052 | 2187996 |
| 85593356 | &nbsp;&nbsp;Series 2019-BN16-XA | 1.09 %<sup>(b)(f)</sup> | 02/15/2052 | 2381207 |
| 13119665 | &nbsp;&nbsp;Series 2019-BN16-XD | 1.97 %<sup>(a)(b)(f)</sup> | 02/15/2052 | 754471 |
| 11541000 | &nbsp;&nbsp;Series 2019-BN17-XD | 1.74 %<sup>(a)(b)(f)</sup> | 04/15/2052 | 592696 |
| 43097000 | &nbsp;&nbsp;Series 2019-BN19-AS | 3.45% | 08/15/2061 | 39161697 |
| 17013666 | &nbsp;&nbsp;Series 2019-BN19-XD | 1.16 %<sup>(a)(b)(f)</sup> | 08/15/2061 | 626009 |
| 1099000 | &nbsp;&nbsp;Series 2019-BN20-AS | 3.24 %<sup>(b)</sup> | 09/15/2062 | 989712 |
| 5000000 | &nbsp;&nbsp;Series 2019-BN21-C | 3.52 %<sup>(b)</sup> | 10/17/2052 | 4311815 |
| 18082333 | &nbsp;&nbsp;Series 2019-BN22-XD | 1.07 %<sup>(a)(b)(f)</sup> | 11/15/2062 | 676860 |
| 26932000 | &nbsp;&nbsp;Series 2019-BN24-XD | 1.13 %<sup>(a)(b)(f)</sup> | 11/15/2062 | 1091877 |
| 4270000 | &nbsp;&nbsp;Series 2020-BN27-A5 | 2.14% | 04/15/2063 | 3743739 |
| 62007000 | &nbsp;&nbsp;Series 2020-BN30-XB | 0.83 %<sup>(b)(f)</sup> | 12/15/2053 | 2057616 |
| 44529514 | &nbsp;&nbsp;Series 2021-BN32-XA | 0.87 %<sup>(b)(f)</sup> | 04/15/2054 | 1393916 |
| 112743000 | &nbsp;&nbsp;Series 2021-BN35-XB | 0.70 %<sup>(b)(f)</sup> | 06/15/2064 | 3662242 |
| 10388000 | &nbsp;&nbsp;Series 2021-BN38-XD | 0.83 %<sup>(a)(b)(f)</sup> | 12/15/2064 | 411031 |
| 7663000 | &nbsp;&nbsp;Series 2022-BNK40-XD | 1.00 %<sup>(a)(b)(f)</sup> | 03/15/2064 | 383419 |
| 120363000 | &nbsp;&nbsp;Series 2025-BNK50-XA | 0.35 %<sup>(b)(f)</sup> | 05/15/2068 | 3517248 |
|  | BANK5 Trust |  |  |  |
| 2467000 | &nbsp;&nbsp;Series 2024-5YR10-AS | 5.64% | 10/15/2057 | 2529865 |
| 8169000 | &nbsp;&nbsp;Series 2024-5YR10-B | 6.14 %<sup>(b)</sup> | 10/15/2057 | 8420808 |
| 1667000 | &nbsp;&nbsp;Series 2024-5YR10-C | 5.74 %<sup>(b)</sup> | 10/15/2057 | 1655004 |
| 976000 | &nbsp;&nbsp;Series 2024-5YR6-A3 | 6.23% | 05/15/2057 | 1028306 |
| 122650169 | &nbsp;&nbsp;Series 2024-5YR6-XA | 0.98 %<sup>(a)(b)(f)</sup> | 05/15/2057 | 3089558 |
| 85037443 | &nbsp;&nbsp;Series 2024-5YR8-XA | 1.13 %<sup>(b)(f)</sup> | 08/15/2057 | 2733622 |
| 9640000 | &nbsp;&nbsp;Series 2025-5YR15-AS | 5.76 %<sup>(b)</sup> | 06/15/2030 | 9953994 |
|  | BBCMS Trust |  |  |  |
| 45454000 | &nbsp;&nbsp;Series 2018-CBM-A (1 mo. Term SOFR + 1.30%, 1.25% Floor) | 5.61 %<sup>(a)</sup> | 07/15/2037 | 44407853 |
| 13455000 | &nbsp;&nbsp;Series 2018-CBM-E (1 mo. Term SOFR + 3.85%, 3.55% Floor) | 8.16 %<sup>(a)</sup> | 07/15/2037 | 9821726 |
| 11799000 | &nbsp;&nbsp;Series 2020-C6-F5TB | 3.81 %<sup>(a)(b)</sup> | 02/15/2053 | 9400682 |
| 12497250 | &nbsp;&nbsp;Series 2020-C6-F5TC | 3.81 %<sup>(a)(b)</sup> | 02/15/2053 | 9473540 |
| 88455779 | &nbsp;&nbsp;Series 2020-C6-XA | 1.13 %<sup>(b)(f)</sup> | 02/15/2053 | 3329520 |
| 7424000 | &nbsp;&nbsp;Series 2020-C6-XD | 1.28 %<sup>(a)(b)(f)</sup> | 02/15/2053 | 364409 |
| 1437000 | &nbsp;&nbsp;Series 2020-C7-AS | 2.44% | 04/15/2053 | 1261955 |
| 1619000 | &nbsp;&nbsp;Series 2021-C11-ASB | 2.11% | 09/15/2054 | 1507467 |
| 34040000 | &nbsp;&nbsp;Series 2021-C11-XB | 1.08 %<sup>(b)(f)</sup> | 09/15/2054 | 1799896 |
| 132986059 | &nbsp;&nbsp;Series 2021-C9-XA | 1.70 %<sup>(b)(f)</sup> | 02/15/2054 | 9003582 |
| 68467000 | &nbsp;&nbsp;Series 2021-C9-XB | 1.11 %<sup>(b)(f)</sup> | 02/15/2054 | 3291044 |
| 12893000 | &nbsp;&nbsp;Series 2024-5C29-A3 | 5.21% | 09/15/2057 | 13160202 |
| 129986210 | &nbsp;&nbsp;Series 2024-5C31-XA | 1.28 %<sup>(b)(f)</sup> | 12/15/2057 | 5412340 |
| 98498317 | &nbsp;&nbsp;Series 2025-C32-XA | 1.36 %<sup>(b)(f)</sup> | 02/15/2062 | 8424197 |
|  | BDS Ltd. |  |  |  |
| 6000000 | &nbsp;&nbsp;Series 2024-FL13-A (1 mo. Term SOFR + 1.58%, 1.58% Floor) | 5.89 %<sup>(a)</sup> | 09/19/2039 | 6035778 |
|  | Benchmark Mortgage Trust |  |  |  |
| 34563848 | &nbsp;&nbsp;Series 2018-B7-XA | 0.56 %<sup>(b)(f)</sup> | 05/15/2053 | 366069 |
| 27322024 | &nbsp;&nbsp;Series 2018-B8-XA | 0.78 %<sup>(b)(f)</sup> | 01/15/2052 | 464190 |
| 12985000 | &nbsp;&nbsp;Series 2019-B10-XD | 2.04 %<sup>(a)(b)(f)</sup> | 03/15/2062 | 814498 |
| 13924000 | &nbsp;&nbsp;Series 2019-B11-XD | 1.61 %<sup>(a)(b)(f)</sup> | 05/15/2052 | 687041 |
| 13870000 | &nbsp;&nbsp;Series 2019-B12-XD | 1.28 %<sup>(a)(b)(f)</sup> | 08/15/2052 | 535340 |
| 14907500 | &nbsp;&nbsp;Series 2019-B14-XD | 1.39 %<sup>(a)(b)(f)</sup> | 12/15/2062 | 755427 |
| 24552000 | &nbsp;&nbsp;Series 2019-B15-XD | 1.08 %<sup>(a)(b)(f)</sup> | 12/15/2072 | 918873 |
| 74706527 | &nbsp;&nbsp;Series 2019-B9-XA | 1.18 %<sup>(b)(f)</sup> | 03/15/2052 | 2241607 |
| 72585970 | &nbsp;&nbsp;Series 2020-B16-XA | 0.91 %<sup>(b)(f)</sup> | 02/15/2053 | 2327839 |
| 66051231 | &nbsp;&nbsp;Series 2020-B17-XA | 1.49 %<sup>(b)(f)</sup> | 03/15/2053 | 2905680 |
| 12580000 | &nbsp;&nbsp;Series 2020-B17-XD | 1.50 %<sup>(a)(b)(f)</sup> | 03/15/2053 | 681485 |
| 13462000 | &nbsp;&nbsp;Series 2020-B18-AGND | 3.74 %<sup>(a)</sup> | 07/15/2053 | 13390441 |
| 2432000 | &nbsp;&nbsp;Series 2020-B18-AGNE | 3.76 %<sup>(a)</sup> | 07/15/2053 | 2408087 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 83215791 | &nbsp;&nbsp;Series 2020-B18-XA | 1.92 %<sup>(b)(f)</sup> | 07/15/2053 | 4121512 |
| 224639248 | &nbsp;&nbsp;Series 2020-B19-XA | 1.86 %<sup>(b)(f)</sup> | 09/15/2053 | 10818918 |
| 70264562 | &nbsp;&nbsp;Series 2020-B22-XA | 1.62 %<sup>(b)(f)</sup> | 01/15/2054 | 4618757 |
| 275367278 | &nbsp;&nbsp;Series 2020-IG1-XA | 0.61 %<sup>(b)(f)</sup> | 09/15/2043 | 4900711 |
| 230974613 | &nbsp;&nbsp;Series 2021-B24-XA | 1.25 %<sup>(b)(f)</sup> | 03/15/2054 | 9798844 |
| 119537055 | &nbsp;&nbsp;Series 2021-B28-XA | 1.37 %<sup>(b)(f)</sup> | 08/15/2054 | 6416917 |
| 59609000 | &nbsp;&nbsp;Series 2021-B28-XB | 1.07 %<sup>(b)(f)</sup> | 08/15/2054 | 3082203 |
| 66420000 | &nbsp;&nbsp;Series 2021-B29-XB | 0.81 %<sup>(b)(f)</sup> | 09/15/2054 | 2443359 |
| 361573357 | &nbsp;&nbsp;Series 2021-B30-XA | 0.91 %<sup>(b)(f)</sup> | 11/15/2054 | 14464453 |
| 15995000 | &nbsp;&nbsp;Series 2021-B31-XD | 1.26 %<sup>(a)(b)(f)</sup> | 12/15/2054 | 1034456 |
| 13067000 | &nbsp;&nbsp;Series 2022-B32-XD | 1.64 %<sup>(a)(b)(f)</sup> | 01/15/2055 | 1001004 |
| 10959500 | &nbsp;&nbsp;Series 2022-B33-XD | 1.73 %<sup>(a)(b)(f)</sup> | 03/15/2055 | 953046 |
| 7270000 | &nbsp;&nbsp;Series 2022-B34-XD | 1.96 %<sup>(a)(b)(f)</sup> | 04/15/2055 | 748240 |
| 37520000 | &nbsp;&nbsp;Series 2024-V10-A3 | 5.28% | 09/15/2057 | 38422146 |
| 168345000 | &nbsp;&nbsp;Series 2024-V11-XA | 0.77 %<sup>(b)(f)</sup> | 11/15/2057 | 3821718 |
| 76879298 | &nbsp;&nbsp;Series 2024-V12-XA | 1.07 %<sup>(b)(f)</sup> | 12/15/2057 | 2590786 |
| 6966000 | &nbsp;&nbsp;Series 2024-V8-A2 | 5.71% | 07/15/2057 | 7240715 |
| 2279000 | &nbsp;&nbsp;Series 2024-V8-A3 | 6.19 %<sup>(b)</sup> | 07/15/2057 | 2405785 |
| 136189362 | &nbsp;&nbsp;Series 2024-V8-XA | 0.99 %<sup>(a)(b)(f)</sup> | 07/15/2057 | 3784362 |
| 21999000 | &nbsp;&nbsp;Series 2024-V9-A3 | 5.60% | 08/15/2057 | 22764906 |
| 4078000 | &nbsp;&nbsp;Series 2025-V15-AS | 6.17% | 06/15/2058 | 4289213 |
|  | BFLD Trust |  |  |  |
| 4860000 | &nbsp;&nbsp;Series 2025-EWEST-C (1 mo. Term SOFR + 2.10%, 2.10% Floor) | 6.40 %<sup>(a)</sup> | 06/15/2042 | 4873629 |
|  | BHMS Mortgage Trust |  |  |  |
| 14537000 | &nbsp;&nbsp;Series 2018-ATLS-A (1 mo. Term SOFR + 1.55%, 1.50% Floor) | 5.86 %<sup>(a)</sup> | 07/15/2035 | 14529804 |
|  | BMO Mortgage Trust |  |  |  |
| 20804000 | &nbsp;&nbsp;Series 2024-5C6-A3 | 5.32% | 09/15/2057 | 21314776 |
| 17982000 | &nbsp;&nbsp;Series 2024-5C7-AS | 5.89 %<sup>(b)</sup> | 11/15/2057 | 18578682 |
| 111921148 | &nbsp;&nbsp;Series 2024-5C7-XA | 1.14 %<sup>(a)(b)(f)</sup> | 11/15/2057 | 4067047 |
| 113583814 | &nbsp;&nbsp;Series 2024-5C8-XA | 1.24 %<sup>(b)(f)</sup> | 12/15/2057 | 4540558 |
| 7371000 | &nbsp;&nbsp;Series 2025-5C11-AS | 5.94% | 07/15/2058 | 7680744 |
| 154398020 | &nbsp;&nbsp;Series 2025-C11-XA | 1.33 %<sup>(b)(f)</sup> | 02/15/2058 | 12621884 |
|  | BPR Trust |  |  |  |
| 10166000 | &nbsp;&nbsp;Series 2021-TY-A (1 mo. Term SOFR + 1.16%, 1.05% Floor) | 5.48 %<sup>(a)</sup> | 09/15/2038 | 10157124 |
|  | BSPRT Co.-Issuer LLC |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2023-FL10-C (1 mo. Term SOFR + 3.97%, 3.97% Floor) | 8.29 %<sup>(a)</sup> | 09/15/2035 | 15113865 |
|  | BX Trust |  |  |  |
| 3177000 | &nbsp;&nbsp;Series 2018-GW-D (1 mo. Term SOFR + 2.07%, 1.77% Floor) | 6.38 %<sup>(a)</sup> | 05/15/2035 | 3165896 |
| 97837000 | &nbsp;&nbsp;Series 2019-OC11-E | 4.08 %<sup>(a)(b)</sup> | 12/09/2041 | 89904210 |
| 326679000 | &nbsp;&nbsp;Series 2019-OC11-XB | 0.32 %<sup>(a)(b)(f)</sup> | 12/09/2041 | 2972779 |
| 3884093 | &nbsp;&nbsp;Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor) | 5.16 %<sup>(a)</sup> | 10/15/2036 | 3883961 |
| 1069000 | &nbsp;&nbsp;Series 2021-ARIA-C (1 mo. Term SOFR + 1.76%, 1.65% Floor) | 6.07 %<sup>(a)</sup> | 10/15/2036 | 1068067 |
| 4599000 | &nbsp;&nbsp;Series 2021-MFM1-D (1 mo. Term SOFR + 1.61%, 1.50% Floor) | 5.93 %<sup>(a)</sup> | 01/15/2034 | 4598581 |
| 4641000 | &nbsp;&nbsp;Series 2021-MFM1-E (1 mo. Term SOFR + 2.36%, 2.25% Floor) | 6.68 %<sup>(a)</sup> | 01/15/2034 | 4641014 |
| 2746474 | &nbsp;&nbsp;Series 2021-RISE-B (1 mo. Term SOFR + 1.36%, 1.25% Floor) | 5.68 %<sup>(a)</sup> | 11/15/2036 | 2744358 |
| 1939344 | &nbsp;&nbsp;Series 2021-SOAR-C (1 mo. Term SOFR + 1.21%, 1.10% Floor) | 5.53 %<sup>(a)</sup> | 06/15/2038 | 1939298 |
| 12240000 | &nbsp;&nbsp;Series 2021-VIEW-A (1 mo. Term SOFR + 1.39%, 1.28% Floor) | 5.71 %<sup>(a)</sup> | 06/15/2036 | 12185146 |
| 3450000 | &nbsp;&nbsp;Series 2021-VIEW-F (1 mo. Term SOFR + 4.04%, 3.93% Floor) | 8.36 %<sup>(a)</sup> | 06/15/2036 | 3368457 |
| 11329476 | &nbsp;&nbsp;Series 2021-VOLT-E (1 mo. Term SOFR + 2.11%, 2.00% Floor) | 6.43 %<sup>(a)</sup> | 09/15/2036 | 11284414 |
| 2903486 | &nbsp;&nbsp;Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor) | 5.11 %<sup>(a)</sup> | 10/15/2038 | 2903922 |
| 3514700 | &nbsp;&nbsp;Series 2021-XL2-E (1 mo. Term SOFR + 1.96%, 1.85% Floor) | 6.27 %<sup>(a)</sup> | 10/15/2038 | 3516223 |
| 1262886 | &nbsp;&nbsp;Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor) | 6.76 %<sup>(a)</sup> | 08/15/2039 | 1264069 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 23462291 | &nbsp;&nbsp;Series 2024-AIRC-A (1 mo. Term SOFR + 1.69%, 1.69% Floor) | 6.00 %<sup>(a)</sup> | 08/15/2039 | 23584872 |
| 17113281 | &nbsp;&nbsp;Series 2024-GPA3-A (1 mo. Term SOFR + 1.29%, 1.29% Floor) | 5.60 %<sup>(a)</sup> | 12/15/2039 | 17151029 |
| 5298084 | &nbsp;&nbsp;Series 2024-GPA3-C (1 mo. Term SOFR + 1.89%, 1.89% Floor) | 6.20 %<sup>(a)</sup> | 12/15/2039 | 5314418 |
|  | BXP Trust |  |  |  |
| 9818000 | &nbsp;&nbsp;Series 2017-GM-B | 3.54 %<sup>(a)(b)</sup> | 06/13/2039 | 9450482 |
|  | Cantor Commercial Real Estate Lending LP |  |  |  |
| 10105250 | &nbsp;&nbsp;Series 2019-CF2-XD | 1.56 %<sup>(a)(b)(f)</sup> | 11/15/2052 | 526757 |
| 11514000 | &nbsp;&nbsp;Series 2019-CF3-XD | 1.21 %<sup>(a)(b)(f)</sup> | 01/15/2053 | 492939 |
|  | Century Plaza Towers |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2019-CPT-A | 2.87 %<sup>(a)</sup> | 11/13/2039 | 4564379 |
|  | CFCRE Commercial Mortgage Trust |  |  |  |
| 7155000 | &nbsp;&nbsp;Series 2016-C4-C | 5.00 %<sup>(b)</sup> | 05/10/2058 | 6996074 |
| 62409387 | &nbsp;&nbsp;Series 2016-C4-XA | 1.73 %<sup>(b)(f)</sup> | 05/10/2058 | 286347 |
|  | Citigroup Commercial Mortgage Trust |  |  |  |
| 2177527 | &nbsp;&nbsp;Series 2015-GC27-D | 4.54 %<sup>(a)(b)</sup> | 02/10/2048 | 2102386 |
| 14310000 | &nbsp;&nbsp;Series 2015-GC33-C | 4.72 %<sup>(b)</sup> | 09/10/2058 | 12193336 |
| 84935526 | &nbsp;&nbsp;Series 2015-GC33-XA | 0.92 %<sup>(b)(f)</sup> | 09/10/2058 | 27451 |
| 88700726 | &nbsp;&nbsp;Series 2016-C1-XA | 1.98 %<sup>(b)(f)</sup> | 05/10/2049 | 696762 |
| 181072399 | &nbsp;&nbsp;Series 2016-GC36-XA | 1.36 %<sup>(b)(f)</sup> | 02/10/2049 | 377337 |
| 31166625 | &nbsp;&nbsp;Series 2016-GC37-XA | 1.80 %<sup>(b)(f)</sup> | 04/10/2049 | 110084 |
| 79984037 | &nbsp;&nbsp;Series 2016-P3-XA | 1.81 %<sup>(b)(f)</sup> | 04/15/2049 | 569398 |
| 51718897 | &nbsp;&nbsp;Series 2016-P4-XA | 2.04 %<sup>(b)(f)</sup> | 07/10/2049 | 542231 |
| 81987715 | &nbsp;&nbsp;Series 2016-P5-XA | 1.51 %<sup>(b)(f)</sup> | 10/10/2049 | 752811 |
| 213452158 | &nbsp;&nbsp;Series 2017-B1-XA | 0.85 %<sup>(b)(f)</sup> | 08/15/2050 | 2509899 |
| 36372476 | &nbsp;&nbsp;Series 2017-P7-XA | 1.23 %<sup>(b)(f)</sup> | 04/14/2050 | 476578 |
| 15766000 | &nbsp;&nbsp;Series 2019-C7-XD | 1.30 %<sup>(a)(b)(f)</sup> | 12/15/2072 | 749930 |
| 13007000 | &nbsp;&nbsp;Series 2019-GC41-XD | 0.97 %<sup>(a)(b)(f)</sup> | 08/10/2056 | 386256 |
| 11280000 | &nbsp;&nbsp;Series 2019-GC43-XD | 0.72 %<sup>(a)(b)(f)</sup> | 11/10/2052 | 283369 |
| 3625000 | &nbsp;&nbsp;Series 2020-420K-D | 3.42 %<sup>(a)(b)</sup> | 11/10/2042 | 3215097 |
| 7800000 | &nbsp;&nbsp;Series 2020-420K-E | 3.42 %<sup>(a)(b)</sup> | 11/10/2042 | 6651775 |
| 23804000 | &nbsp;&nbsp;Series 2020-555-E | 3.62 %<sup>(a)(b)</sup> | 12/10/2041 | 20441954 |
| 2853000 | &nbsp;&nbsp;Series 2020-GC46-B | 3.15 %<sup>(b)</sup> | 02/15/2053 | 2488140 |
| 21133200 | &nbsp;&nbsp;Series 2020-GC46-XD | 1.17 %<sup>(a)(b)(f)</sup> | 02/15/2053 | 938694 |
| 16920000 | &nbsp;&nbsp;Series 2022-GC48-XD | 2.54 %<sup>(a)(b)(f)</sup> | 06/15/2055 | 2437123 |
|  | Citigroup/Deutsche Bank Commercial Mortgage Trust |  |  |  |
| 5161000 | &nbsp;&nbsp;Series 2016-C1-B | 4.20 %<sup>(b)</sup> | 05/10/2049 | 4822544 |
| 100952100 | &nbsp;&nbsp;Series 2016-C1-XA | 1.51 %<sup>(b)(f)</sup> | 05/10/2049 | 261032 |
| 68072830 | &nbsp;&nbsp;Series 2017-CD4-XA | 1.37 %<sup>(b)(f)</sup> | 05/10/2050 | 1078185 |
| 5723000 | &nbsp;&nbsp;Series 2017-CD6-B | 3.91 %<sup>(b)</sup> | 11/13/2050 | 5443086 |
| 5175000 | &nbsp;&nbsp;Series 2017-CD6-C | 4.41 %<sup>(b)</sup> | 11/13/2050 | 4886988 |
| 37146524 | &nbsp;&nbsp;Series 2017-CD6-XA | 1.03 %<sup>(b)(f)</sup> | 11/13/2050 | 549954 |
| 54481523 | &nbsp;&nbsp;Series 2020-C9-XA | 1.82 %<sup>(b)(f)</sup> | 09/15/2053 | 2330769 |
|  | Commercial Mortgage Pass Through Certificates |  |  |  |
| 13118101 | &nbsp;&nbsp;Series 2013-CR12-XA | 0.67 %<sup>(b)(f)</sup> | 10/10/2046 | 266 |
| 165104 | &nbsp;&nbsp;Series 2013-CR13-C | 5.11 %<sup>(b)</sup> | 11/10/2046 | 155055 |
| 4345000 | &nbsp;&nbsp;Series 2014-CR16-C | 4.94 %<sup>(b)</sup> | 04/10/2047 | 4103841 |
| 12691652 | &nbsp;&nbsp;Series 2014-CR20-C | 4.83 %<sup>(b)</sup> | 11/10/2047 | 12285453 |
| 3776693 | &nbsp;&nbsp;Series 2014-UBS3-XA | 0.76 %<sup>(b)(f)</sup> | 06/10/2047 | 80 |
| 17601630 | &nbsp;&nbsp;Series 2015-CR22-XA | 0.37 %<sup>(b)(f)</sup> | 03/10/2048 | 113 |
| 44485692 | &nbsp;&nbsp;Series 2015-CR26-XA | 0.99 %<sup>(b)(f)</sup> | 10/10/2048 | 1001 |
| 17822000 | &nbsp;&nbsp;Series 2015-DC1-C | 4.43 %<sup>(b)</sup> | 02/10/2048 | 15880026 |
| 26412746 | &nbsp;&nbsp;Series 2015-DC1-XA | 0.71 %<sup>(b)(f)</sup> | 02/10/2048 | 404 |
| 1180000 | &nbsp;&nbsp;Series 2016-DC2-B | 4.84 %<sup>(b)</sup> | 02/10/2049 | 1164888 |
| 1403000 | &nbsp;&nbsp;Series 2016-DC2-C | 4.84 %<sup>(b)</sup> | 02/10/2049 | 1376943 |
| 15800000 | &nbsp;&nbsp;Series 2018-COR3-XD | 1.75 %<sup>(a)(b)(f)</sup> | 05/10/2051 | 666398 |
| 18570000 | &nbsp;&nbsp;Series 2018-HCLV-A (1 mo. Term SOFR + 1.30%, 1.00% Floor) | 5.61 %<sup>(a)</sup> | 09/15/2033 | 17013661 |
|  | Computershare Corporate Trust |  |  |  |
| 3174851 | &nbsp;&nbsp;Series 2015-C27-C | 3.89% | 02/15/2048 | 2815030 |
| 9701000 | &nbsp;&nbsp;Series 2015-C31-C | 4.79 %<sup>(b)</sup> | 11/15/2048 | 9506783 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 86928887 | &nbsp;&nbsp;Series 2015-C31-XA | 1.09 %<sup>(b)(f)</sup> | 11/15/2048 | 2052 |
| 3000000 | &nbsp;&nbsp;Series 2015-LC22-C | 4.67 %<sup>(b)</sup> | 09/15/2058 | 2816089 |
| 8438000 | &nbsp;&nbsp;Series 2015-NXS2-C | 4.19 %<sup>(b)</sup> | 07/15/2058 | 7824222 |
| 61691201 | &nbsp;&nbsp;Series 2015-P2-XA | 1.05 %<sup>(b)(f)</sup> | 12/15/2048 | 86232 |
| 10085000 | &nbsp;&nbsp;Series 2016-C32-C | 4.86 %<sup>(b)</sup> | 01/15/2059 | 9936728 |
| 4250000 | &nbsp;&nbsp;Series 2016-C34-B | 4.09% | 06/15/2049 | 4089557 |
| 5890000 | &nbsp;&nbsp;Series 2016-LC24-C | 4.57 %<sup>(b)</sup> | 10/15/2049 | 5299868 |
| 1490200 | &nbsp;&nbsp;Series 2016-NXS5-A6 | 3.64% | 01/15/2059 | 1477302 |
| 94727686 | &nbsp;&nbsp;Series 2016-NXS6-XA | 1.68 %<sup>(b)(f)</sup> | 11/15/2049 | 808368 |
| 176965800 | &nbsp;&nbsp;Series 2017-C39-XA | 1.22 %<sup>(b)(f)</sup> | 09/15/2050 | 2960656 |
| 1904000 | &nbsp;&nbsp;Series 2017-C42-C | 4.30 %<sup>(b)</sup> | 12/15/2050 | 1671613 |
| 44138290 | &nbsp;&nbsp;Series 2017-C42-XA | 0.98 %<sup>(b)(f)</sup> | 12/15/2050 | 748435 |
| 1758000 | &nbsp;&nbsp;Series 2017-RC1-C | 4.59% | 01/15/2060 | 1671755 |
| 132236073 | &nbsp;&nbsp;Series 2018-C43-XA | 0.72 %<sup>(b)(f)</sup> | 03/15/2051 | 1737093 |
| 4335668 | &nbsp;&nbsp;Series 2019-C49-XD | 2.30 %<sup>(a)(b)(f)</sup> | 03/15/2052 | 293584 |
| 58432587 | &nbsp;&nbsp;Series 2019-C50-XA | 1.57 %<sup>(b)(f)</sup> | 05/15/2052 | 2349288 |
| 3193000 | &nbsp;&nbsp;Series 2019-C51-B | 3.84 %<sup>(b)</sup> | 06/15/2052 | 2827358 |
| 42387965 | &nbsp;&nbsp;Series 2019-C51-XA | 1.41 %<sup>(b)(f)</sup> | 06/15/2052 | 1756133 |
| 24972000 | &nbsp;&nbsp;Series 2019-C52-AS | 3.14% | 08/15/2052 | 22854147 |
| 68838481 | &nbsp;&nbsp;Series 2019-C52-XA | 1.70 %<sup>(b)(f)</sup> | 08/15/2052 | 3454019 |
| 5000000 | &nbsp;&nbsp;Series 2019-C53-C | 3.58 %<sup>(b)</sup> | 10/15/2052 | 4490201 |
| 8777333 | &nbsp;&nbsp;Series 2019-C53-XD | 1.61 %<sup>(a)(b)(f)</sup> | 10/15/2052 | 481679 |
| 129337156 | &nbsp;&nbsp;Series 2019-C54-XA | 0.96 %<sup>(b)(f)</sup> | 12/15/2052 | 4066153 |
| 6363333 | &nbsp;&nbsp;Series 2019-C54-XD | 1.51 %<sup>(a)(b)(f)</sup> | 12/15/2052 | 341607 |
| 28088000 | &nbsp;&nbsp;Series 2020-C55-AS | 2.94% | 02/15/2053 | 25427196 |
| 52886315 | &nbsp;&nbsp;Series 2020-C55-XB | 0.92 %<sup>(b)(f)</sup> | 02/15/2053 | 1747062 |
| 132080134 | &nbsp;&nbsp;Series 2020-C56-XA | 1.38 %<sup>(b)(f)</sup> | 06/15/2053 | 6387501 |
| 162514325 | &nbsp;&nbsp;Series 2021-C61-XA | 1.47 %<sup>(b)(f)</sup> | 11/15/2054 | 9406394 |
| 9132000 | &nbsp;&nbsp;Series 2021-C61-XD | 1.53 %<sup>(a)(b)(f)</sup> | 11/15/2054 | 694799 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 147561481 | &nbsp;&nbsp;Series 2014-USA-X1 | 0.69 %<sup>(a)(b)(f)</sup> | 09/15/2037 | 169666 |
| 3799000 | &nbsp;&nbsp;Series 2017-CALI-E | 3.90 %<sup>(a)(b)</sup> | 11/10/2032 | 638551 |
| 6050000 | &nbsp;&nbsp;Series 2017-CALI-F | 3.90 %<sup>(a)(b)</sup> | 11/10/2032 | 635441 |
| 5403599 | &nbsp;&nbsp;Series 2021-B33-A1 | 3.05 %<sup>(a)</sup> | 10/10/2043 | 5137669 |
| 18815500 | &nbsp;&nbsp;Series 2021-B33-A2 | 3.17 %<sup>(a)</sup> | 10/10/2043 | 16518827 |
| 107162895 | &nbsp;&nbsp;Series 2021-B33-X | 0.62 %<sup>(a)(b)(f)</sup> | 10/10/2043 | 2512038 |
|  | CSAIL Commercial Mortgage Trust |  |  |  |
| 10116109 | &nbsp;&nbsp;Series 2015-C2-AS | 3.85 %<sup>(b)</sup> | 06/15/2057 | 9988618 |
| 9205000 | &nbsp;&nbsp;Series 2015-C3-B | 4.17 %<sup>(b)</sup> | 08/15/2048 | 8629109 |
| 2299000 | &nbsp;&nbsp;Series 2015-C4-C | 4.89 %<sup>(b)</sup> | 11/15/2048 | 2275908 |
| 135958503 | &nbsp;&nbsp;Series 2015-C4-XA | 1.02 %<sup>(b)(f)</sup> | 11/15/2048 | 3073 |
| 9425000 | &nbsp;&nbsp;Series 2016-C5-C | 4.78 %<sup>(b)</sup> | 11/15/2048 | 9238827 |
| 33742448 | &nbsp;&nbsp;Series 2016-C6-XA | 2.01 %<sup>(b)(f)</sup> | 01/15/2049 | 159450 |
| 11020000 | &nbsp;&nbsp;Series 2016-C7-B | 4.46 %<sup>(b)</sup> | 11/15/2049 | 10614483 |
| 126753995 | &nbsp;&nbsp;Series 2017-C8-XA | 1.20 %<sup>(b)(f)</sup> | 06/15/2050 | 1875984 |
| 4399000 | &nbsp;&nbsp;Series 2017-CX10-B | 3.89 %<sup>(b)</sup> | 11/15/2050 | 4061838 |
| 65852363 | &nbsp;&nbsp;Series 2017-CX10-XA | 0.98 %<sup>(b)(f)</sup> | 11/15/2050 | 889409 |
| 1886000 | &nbsp;&nbsp;Series 2018-C14-C | 5.04 %<sup>(b)</sup> | 11/15/2051 | 1724097 |
| 15894000 | &nbsp;&nbsp;Series 2019-C16-B | 3.88% | 06/15/2052 | 15000756 |
| 24048127 | &nbsp;&nbsp;Series 2019-C17-XA | 1.46 %<sup>(b)(f)</sup> | 09/15/2052 | 1003783 |
| 7924000 | &nbsp;&nbsp;Series 2019-C18-B | 3.59% | 12/15/2052 | 7271654 |
| 216639449 | &nbsp;&nbsp;Series 2019-C18-XA | 1.12 %<sup>(b)(f)</sup> | 12/15/2052 | 7294294 |
| 193499798 | &nbsp;&nbsp;Series 2020-C19-XA | 1.21 %<sup>(b)(f)</sup> | 03/15/2053 | 7394343 |
| 81465000 | &nbsp;&nbsp;Series 2020-C19-XB | 0.15 %<sup>(b)(f)</sup> | 03/15/2053 | 316997 |
|  | DOLP Trust |  |  |  |
| 11475000 | &nbsp;&nbsp;Series 2021-NYC-F | 3.70 %<sup>(a)(b)</sup> | 05/10/2041 | 8427468 |
|  | Extended Stay America Trust |  |  |  |
| 7415056 | &nbsp;&nbsp;Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor) | 5.51 %<sup>(a)</sup> | 07/15/2038 | 7421588 |
|  | Franklin BSP Realty Trust, Inc. |  |  |  |
| 8282078 | &nbsp;&nbsp;Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor) | 5.80 %<sup>(a)</sup> | 02/15/2037 | 8284788 |
|  | FS Rialto Issuer LLC |  |  |  |
| 26100000 | &nbsp;&nbsp;Series 2025-FL10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 08/19/2042 | 26127744 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Granite Point Mortgage Trust, Inc. |  |  |  |
| 10852493 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.35% Floor) | 5.78 %<sup>(a)</sup> | 12/15/2036 | 10822150 |
|  | Great Wolf Trust |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2024-WLF2-A (1 mo. Term SOFR + 1.69%) | 6.00 %<sup>(a)</sup> | 05/15/2041 | 15059153 |
|  | Greystone Commercial Real Estate Notes |  |  |  |
| 2920376 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor) | 5.45 %<sup>(a)</sup> | 07/15/2039 | 2925069 |
| 6250000 | &nbsp;&nbsp;Series 2021-FL3-B (1 mo. Term SOFR + 1.76%, 1.65% Floor) | 6.08 %<sup>(a)</sup> | 07/15/2039 | 6202756 |
|  | GS Mortgage Securities Corp. II |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2013-GC13-B | 4.01 %<sup>(a)(b)</sup> | 07/10/2046 | 2908079 |
| 6130000 | &nbsp;&nbsp;Series 2015-590M-C | 3.93 %<sup>(a)(b)</sup> | 10/10/2035 | 6101831 |
| 37137474 | &nbsp;&nbsp;Series 2015-GC32-XA | 0.72 %<sup>(b)(f)</sup> | 07/10/2048 | 564 |
| 102847281 | &nbsp;&nbsp;Series 2015-GC34-XA | 1.33 %<sup>(b)(f)</sup> | 10/10/2048 | 3065 |
| 51367345 | &nbsp;&nbsp;Series 2015-GS1-XA | 0.85 %<sup>(b)(f)</sup> | 11/10/2048 | 85044 |
| 38834542 | &nbsp;&nbsp;Series 2016-GS2-XA | 1.88 %<sup>(b)(f)</sup> | 05/10/2049 | 202192 |
| 248059435 | &nbsp;&nbsp;Series 2016-GS3-XA | 1.30 %<sup>(b)(f)</sup> | 10/10/2049 | 2013300 |
| 43789744 | &nbsp;&nbsp;Series 2016-GS4-XA | 0.68 %<sup>(b)(f)</sup> | 11/10/2049 | 187223 |
| 177587837 | &nbsp;&nbsp;Series 2017-GS7-XA | 1.22 %<sup>(b)(f)</sup> | 08/10/2050 | 2851688 |
| 98700000 | &nbsp;&nbsp;Series 2017-GS7-XB | 0.47 %<sup>(b)(f)</sup> | 08/10/2050 | 640672 |
| 3443000 | &nbsp;&nbsp;Series 2018-GS10-WLSA | 5.07 %<sup>(a)(b)</sup> | 03/10/2033 | 831142 |
| 6834000 | &nbsp;&nbsp;Series 2018-GS10-WLSB | 5.07 %<sup>(a)(b)</sup> | 03/10/2033 | 674553 |
| 9287000 | &nbsp;&nbsp;Series 2018-GS10-WLSC | 5.07 %<sup>(a)(b)</sup> | 03/10/2033 | 866946 |
| 8990000 | &nbsp;&nbsp;Series 2018-GS10-WLSD | 5.07 %<sup>(a)(b)</sup> | 03/10/2033 | 792024 |
| 11236750 | &nbsp;&nbsp;Series 2018-GS10-WLSE | 5.07 %<sup>(a)(b)</sup> | 03/10/2033 | 901474 |
| 188897251 | &nbsp;&nbsp;Series 2018-GS9-XA | 0.55 %<sup>(b)(f)</sup> | 03/10/2051 | 1764508 |
| 7875000 | &nbsp;&nbsp;Series 2018-LUAU-A (1 mo. Term SOFR + 1.30%, 1.25% Floor) | 5.61 %<sup>(a)</sup> | 11/15/2032 | 7823044 |
| 15571000 | &nbsp;&nbsp;Series 2018-TWR-A (1 mo. Term SOFR + 1.20%, 0.90% Floor) | 5.51 %<sup>(a)</sup> | 07/15/2031 | 12152317 |
| 3897000 | &nbsp;&nbsp;Series 2018-TWR-D (1 mo. Term SOFR + 1.90%, 1.60% Floor) | 6.21 %<sup>(a)</sup> | 07/15/2031 | 551540 |
| 11950000 | &nbsp;&nbsp;Series 2018-TWR-E (1 mo. Term SOFR + 2.40%, 2.10% Floor) | 6.71 %<sup>(a)</sup> | 07/15/2031 | 1253370 |
| 11242000 | &nbsp;&nbsp;Series 2018-TWR-F (1 mo. Term SOFR + 3.10%, 2.80% Floor) | 7.41 %<sup>(a)</sup> | 07/15/2031 | 1062251 |
| 4648000 | &nbsp;&nbsp;Series 2018-TWR-G (1 mo. Term SOFR + 4.22%, 3.93% Floor) | 8.53 %<sup>(a)</sup> | 07/15/2031 | 390871 |
| 51701016 | &nbsp;&nbsp;Series 2019-GC38-XA | 1.17 %<sup>(b)(f)</sup> | 02/10/2052 | 1614369 |
| 13057806 | &nbsp;&nbsp;Series 2019-GC39-XA | 1.24 %<sup>(b)(f)</sup> | 05/10/2052 | 470404 |
| 21600000 | &nbsp;&nbsp;Series 2019-GSA1-XD | 1.13 %<sup>(a)(b)(f)</sup> | 11/10/2052 | 854224 |
| 169289978 | &nbsp;&nbsp;Series 2020-GC45-XA | 0.73 %<sup>(b)(f)</sup> | 02/13/2053 | 3832471 |
| 25009000 | &nbsp;&nbsp;Series 2020-GC45-XD | 0.76 %<sup>(a)(b)(f)</sup> | 02/13/2053 | 656989 |
| 52826792 | &nbsp;&nbsp;Series 2020-GSA2-XA | 1.77 %<sup>(a)(b)(f)</sup> | 12/12/2053 | 3583352 |
|  | Hilton USA Trust |  |  |  |
| 5692000 | &nbsp;&nbsp;Series 2016-SFP-A | 2.83 %<sup>(a)</sup> | 11/05/2035 | 4840821 |
|  | Hudson Yards Mortgage Trust |  |  |  |
| 8450000 | &nbsp;&nbsp;Series 2025-SPRL-A | 5.65 %<sup>(a)(b)</sup> | 01/13/2040 | 8719544 |
|  | JP Morgan Chase Commercial Mortgage Securities |  |  |  |
| 323200 | &nbsp;&nbsp;Series 2007-CB20-X1 | 0.00 %<sup>(a)(b)(f)</sup> | 02/12/2051 |  |
| 44420806 | &nbsp;&nbsp;Series 2015-JP1-XA | 1.03 %<sup>(b)(f)</sup> | 01/15/2049 | 86656 |
| 1725000 | &nbsp;&nbsp;Series 2017-JP5-C | 3.89 %<sup>(b)</sup> | 03/15/2050 | 1514676 |
| 9343000 | &nbsp;&nbsp;Series 2018-MINN-E (1 mo. Term SOFR + 2.80%, 3.50% Floor) | 7.11 %<sup>(a)</sup> | 11/15/2035 | 6641135 |
| 18869000 | &nbsp;&nbsp;Series 2019-COR4-XD | 2.18 %<sup>(a)(b)(f)</sup> | 03/10/2052 | 1198812 |
| 84215568 | &nbsp;&nbsp;Series 2019-COR5-XA | 1.61 %<sup>(b)(f)</sup> | 06/13/2052 | 3569022 |
| 8500000 | &nbsp;&nbsp;Series 2019-COR5-XD | 1.92 %<sup>(a)(b)(f)</sup> | 06/13/2052 | 511770 |
| 29530000 | &nbsp;&nbsp;Series 2020-NNN-EFX | 3.97 %<sup>(a)</sup> | 01/16/2037 | 9302245 |
|  | JPMBB Commercial Mortgage Securities Trust |  |  |  |
| 1775451 | &nbsp;&nbsp;Series 2014-C21-C | 4.71 %<sup>(b)</sup> | 08/15/2047 | 1749578 |
| 31249946 | &nbsp;&nbsp;Series 2014-C25-XA | 0.61 %<sup>(b)(f)</sup> | 11/15/2047 | 378 |
| 1132382 | &nbsp;&nbsp;Series 2014-C26-XA | 0.51 %<sup>(b)(f)</sup> | 01/15/2048 | 11 |
| 8236400 | &nbsp;&nbsp;Series 2015-C27-C | 4.45 %<sup>(b)</sup> | 02/15/2048 | 5498621 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 10425000 | &nbsp;&nbsp;Series 2015-C27-D | 3.95 %<sup>(a)(b)</sup> | 02/15/2048 | 2725616 |
| 10663088 | &nbsp;&nbsp;Series 2015-C28-C | 4.38 %<sup>(b)</sup> | 10/15/2048 | 10509678 |
| 65152980 | &nbsp;&nbsp;Series 2015-C30-XA | 0.47 %<sup>(b)(f)</sup> | 07/15/2048 | 782 |
| 48819760 | &nbsp;&nbsp;Series 2015-C32-XA | 1.23 %<sup>(b)(f)</sup> | 11/15/2048 | 1377 |
| 7394000 | &nbsp;&nbsp;Series 2016-C1-C | 4.85 %<sup>(b)</sup> | 03/17/2049 | 7061693 |
| 15994525 | &nbsp;&nbsp;Series 2016-C1-XA | 1.30 %<sup>(b)(f)</sup> | 03/17/2049 | 61011 |
|  | JPMDB Commercial Mortgage Securities Trust |  |  |  |
| 100701189 | &nbsp;&nbsp;Series 2016-C2-XA | 1.62 %<sup>(b)(f)</sup> | 06/15/2049 | 593009 |
| 132869093 | &nbsp;&nbsp;Series 2017-C5-XA | 1.01 %<sup>(b)(f)</sup> | 03/15/2050 | 1125654 |
| 160340670 | &nbsp;&nbsp;Series 2017-C7-XA | 0.97 %<sup>(b)(f)</sup> | 10/15/2050 | 2274673 |
| 13604000 | &nbsp;&nbsp;Series 2019-COR6-AS | 3.41 %<sup>(b)</sup> | 11/13/2052 | 11902737 |
| 249455340 | &nbsp;&nbsp;Series 2020-COR7-XA | 1.78 %<sup>(b)(f)</sup> | 05/13/2053 | 12893498 |
|  | KREF |  |  |  |
| 24545117 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor) | 5.50 %<sup>(a)</sup> | 02/15/2039 | 24536796 |
|  | LoanCore |  |  |  |
| 9911954 | &nbsp;&nbsp;Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor) | 5.85 %<sup>(a)</sup> | 01/17/2037 | 9940996 |
| 26610000 | &nbsp;&nbsp;Series 2025-CRE8-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 08/17/2042 | 26411543 |
|  | LSTAR Commercial Mortgage Trust |  |  |  |
| 14874316 | &nbsp;&nbsp;Series 2017-5-X | 1.00 %<sup>(a)(b)(f)</sup> | 03/10/2050 | 142826 |
|  | Lument Finance Trust, Inc. |  |  |  |
| 10800000 | &nbsp;&nbsp;Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor) | 6.18 %<sup>(a)</sup> | 06/15/2039 | 10793369 |
|  | M360 LLC |  |  |  |
| 4206494 | &nbsp;&nbsp;Series 2021-CRE3-A (1 mo. Term SOFR + 1.61%, 1.50% Floor) | 5.94 %<sup>(a)</sup> | 11/22/2038 | 4212825 |
| 7162000 | &nbsp;&nbsp;Series 2021-CRE3-B (1 mo. Term SOFR + 2.36%, 2.25% Floor) | 6.69 %<sup>(a)</sup> | 11/22/2038 | 7183164 |
|  | Manhattan West |  |  |  |
| 5731000 | &nbsp;&nbsp;Series 2020-1MW-C | 2.41 %<sup>(a)(b)</sup> | 09/10/2039 | 5368605 |
|  | MF1 Multifamily Housing Mortgage Loan Trust |  |  |  |
| 9502338 | &nbsp;&nbsp;Series 2021-FL5-AS (1 mo. Term SOFR + 1.31%, 1.31% Floor) | 5.63 %<sup>(a)</sup> | 07/15/2036 | 9512829 |
| 8519687 | &nbsp;&nbsp;Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor) | 5.67 %<sup>(a)</sup> | 02/19/2037 | 8519711 |
| 7808582 | &nbsp;&nbsp;Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor) | 6.47 %<sup>(a)</sup> | 06/19/2037 | 7830603 |
| 10660000 | &nbsp;&nbsp;Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor) | 6.00 %<sup>(a)</sup> | 08/18/2041 | 10698664 |
| 26120000 | &nbsp;&nbsp;Series 2025-FL17-A (1 mo. Term SOFR + 1.32%, 1.32% Floor) | 5.63 %<sup>(a)</sup> | 02/18/2040 | 26130683 |
|  | MFT Trust |  |  |  |
| 9417000 | &nbsp;&nbsp;Series 2020-ABC-A | 3.36 %<sup>(a)</sup> | 02/10/2042 | 7253444 |
| 4317000 | &nbsp;&nbsp;Series 2020-ABC-B | 3.59 %<sup>(a)(b)</sup> | 02/10/2042 | 3039253 |
|  | MHC Commercial Mortgage Trust |  |  |  |
| 520719 | &nbsp;&nbsp;Series 2021-MHC-A (1 mo. Term SOFR + 0.92%, 0.80% Floor) | 5.23 %<sup>(a)</sup> | 04/15/2038 | 520926 |
|  | Morgan Stanley ABS Capital I, Inc. |  |  |  |
| 4353603 | &nbsp;&nbsp;Series 2021-ILP-A (1 mo. Term SOFR + 0.89%, 0.78% Floor) | 5.20 %<sup>(a)</sup> | 11/15/2036 | 4350496 |
| 17326703 | &nbsp;&nbsp;Series 2021-ILP-D (1 mo. Term SOFR + 1.69%, 1.58% Floor) | 6.00 %<sup>(a)</sup> | 11/15/2036 | 17311192 |
| 16661659 | &nbsp;&nbsp;Series 2024-NSTB-A | 3.90 %<sup>(a)(b)</sup> | 09/24/2057 | 16147262 |
|  | Morgan Stanley Bank of America Merrill Lynch Trust |  |  |  |
| 9861910 | &nbsp;&nbsp;Series 2012-CKSV-CK | 4.30 %<sup>(a)(b)</sup> | 10/15/2030 | 6351070 |
| 7592466 | &nbsp;&nbsp;Series 2013-C11-AS | 4.21 %<sup>(b)</sup> | 08/15/2046 | 7137752 |
| 2637460 | &nbsp;&nbsp;Series 2014-C19-C | 4.00% | 12/15/2047 | 2557728 |
| 10286000 | &nbsp;&nbsp;Series 2015-C27-C | 4.63 %<sup>(b)</sup> | 12/15/2047 | 9739724 |
| 124562551 | &nbsp;&nbsp;Series 2016-C28-XA | 1.29 %<sup>(b)(f)</sup> | 01/15/2049 | 315853 |
| 6032000 | &nbsp;&nbsp;Series 2016-C31-C | 4.40 %<sup>(b)</sup> | 11/15/2049 | 5322652 |
| 36671515 | &nbsp;&nbsp;Series 2017-C33-XA | 1.39 %<sup>(b)(f)</sup> | 05/15/2050 | 569637 |
|  | Morgan Stanley Capital I Trust |  |  |  |
| 7137000 | &nbsp;&nbsp;Series 2015-UBS8-B | 4.32 %<sup>(b)</sup> | 12/15/2048 | 6858474 |
| 20884098 | &nbsp;&nbsp;Series 2015-UBS8-XA | 0.99 %<sup>(b)(f)</sup> | 12/15/2048 | 31042 |
|  | Morgan Stanley Capital I, Inc. |  |  |  |
| 514910 | &nbsp;&nbsp;Series 2006-HQ10-X1 | 0.93 %<sup>(a)(b)(f)</sup> | 11/12/2041 | 12 |
| 126622637 | &nbsp;&nbsp;Series 2017-H1-XA | 1.45 %<sup>(b)(f)</sup> | 06/15/2050 | 2023075 |
| 4661000 | &nbsp;&nbsp;Series 2017-HR2-C | 4.46 %<sup>(b)</sup> | 12/15/2050 | 4429750 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 9386700 | &nbsp;&nbsp;Series 2019-H6-XD | 1.72 %<sup>(a)(b)(f)</sup> | 06/15/2052 | 498371 |
| 5305000 | &nbsp;&nbsp;Series 2019-H7-AS | 3.52% | 07/15/2052 | 4986141 |
| 71697574 | &nbsp;&nbsp;Series 2019-L2-XA | 1.16 %<sup>(b)(f)</sup> | 03/15/2052 | 2169762 |
| 3845000 | &nbsp;&nbsp;Series 2019-L3-AS | 3.49% | 11/15/2052 | 3597996 |
| 146112606 | &nbsp;&nbsp;Series 2019-L3-XA | 0.73 %<sup>(b)(f)</sup> | 11/15/2052 | 3314535 |
| 15090000 | &nbsp;&nbsp;Series 2019-L3-XD | 1.27 %<sup>(a)(b)(f)</sup> | 11/15/2052 | 670304 |
| 3355000 | &nbsp;&nbsp;Series 2019-NUGS-D (1 mo. Term SOFR + 1.91%, 3.30% Floor) | 6.23 %<sup>(a)</sup> | 12/15/2036 | 390556 |
| 6002000 | &nbsp;&nbsp;Series 2019-PLND-E (1 mo. Term SOFR + 2.26%, 2.15% Floor) | 6.58 %<sup>(a)</sup> | 05/15/2036 | 598700 |
| 2200000 | &nbsp;&nbsp;Series 2020-HR8-B | 2.70% | 07/15/2053 | 1885943 |
| 24004000 | &nbsp;&nbsp;Series 2020-L4-B | 3.08% | 02/15/2053 | 21644462 |
| 283768579 | &nbsp;&nbsp;Series 2020-L4-XA | 1.19 %<sup>(b)(f)</sup> | 02/15/2053 | 11776737 |
| 13625665 | &nbsp;&nbsp;Series 2020-L4-XD | 1.29 %<sup>(a)(b)(f)</sup> | 02/15/2053 | 648390 |
| 10779000 | &nbsp;&nbsp;Series 2021-L6-C | 3.57 %<sup>(b)</sup> | 06/15/2054 | 8961069 |
|  | MRCD Mortgage Trust |  |  |  |
| 7794000 | &nbsp;&nbsp;Series 2019-PARK-F | 2.72 %<sup>(a)</sup> | 12/15/2036 | 4833059 |
| 16270000 | &nbsp;&nbsp;Series 2019-PARK-G | 2.72 %<sup>(a)</sup> | 12/15/2036 | 8828102 |
|  | Multifamily Tax-Exempt Mortgage-backed Securities M-TEMS |  |  |  |
| 61635888 | &nbsp;&nbsp;Series 2021-2 | 0.83 %<sup>(b)(f)</sup> | 03/25/2035 | 2522141 |
|  | Natixis Commercial Mortgage Securities Trust |  |  |  |
| 13188800 | &nbsp;&nbsp;Series 2020-2PAC-D | 3.75 %<sup>(a)</sup> | 12/15/2038 | 11213025 |
|  | NJ |  |  |  |
| 14239000 | &nbsp;&nbsp;Series 2025-WBRK-A | 5.87 %<sup>(a)(b)</sup> | 03/05/2035 | 14727842 |
|  | NYC Commercial Mortgage Trust |  |  |  |
| 6770000 | &nbsp;&nbsp;Series 2025-3BP-A (1 mo. Term SOFR + 1.21%, 1.21% Floor) | 5.52 %<sup>(a)</sup> | 02/15/2042 | 6719487 |
|  | NYT Mortgage Trust |  |  |  |
| 16882000 | &nbsp;&nbsp;Series 2019-NYT-D (1 mo. Term SOFR + 2.30%, 2.00% Floor) | 6.61 %<sup>(a)</sup> | 12/15/2035 | 15833304 |
|  | ROCK Trust |  |  |  |
| 46015000 | &nbsp;&nbsp;Series 2024-CNTR-A | 5.39 %<sup>(a)</sup> | 11/13/2041 | 47120023 |
|  | SFO Commercial Mortgage Trust |  |  |  |
| 11621000 | &nbsp;&nbsp;Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 05/15/2038 | 11576356 |
| 2240000 | &nbsp;&nbsp;Series 2021-555-B (1 mo. Term SOFR + 1.61%, 1.50% Floor) | 5.93 %<sup>(a)</sup> | 05/15/2038 | 2226125 |
|  | SLG Office Trust |  |  |  |
| 37079000 | &nbsp;&nbsp;Series 2021-OVA-F | 2.85 %<sup>(a)</sup> | 07/15/2041 | 29690790 |
|  | SMR Mortgage Trust |  |  |  |
| 4131535 | &nbsp;&nbsp;Series 2022-IND-G (1 mo. Term SOFR + 7.50%, 7.50% Floor) | 11.81 %<sup>(a)</sup> | 02/15/2039 | 3666473 |
|  | SREIT Trust |  |  |  |
| 37000000 | &nbsp;&nbsp;Series 2021-IND-G (1 mo. Term SOFR + 3.38%, 3.27% Floor) | 7.69 %<sup>(a)</sup> | 10/15/2038 | 36585101 |
| 3014796 | &nbsp;&nbsp;Series 2021-MFP-A (1 mo. Term SOFR + 0.85%, 0.73% Floor) | 5.16 %<sup>(a)</sup> | 11/15/2038 | 3013824 |
| 4445860 | &nbsp;&nbsp;Series 2021-MFP-E (1 mo. Term SOFR + 2.14%, 2.03% Floor) | 6.45 %<sup>(a)</sup> | 11/15/2038 | 4447598 |
| 13400000 | &nbsp;&nbsp;Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor) | 5.25 %<sup>(a)</sup> | 11/15/2036 | 13395999 |
|  | Starwood Property Trust, Inc. |  |  |  |
| 18221381 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 04/18/2038 | 18146929 |
|  | STWD Trust |  |  |  |
| 1344000 | &nbsp;&nbsp;Series 2021-FLWR-D (1 mo. Term SOFR + 1.49%, 1.38% Floor) | 5.80 %<sup>(a)</sup> | 07/15/2036 | 1342862 |
|  | TCO Commercial Mortgage Trust |  |  |  |
| 2490000 | &nbsp;&nbsp;Series 2024-DPM-C (1 mo. Term SOFR + 1.99%, 1.99% Floor) | 6.30 %<sup>(a)</sup> | 12/15/2039 | 2488771 |
|  | TPG Real Estate Finance Issuer Ltd. |  |  |  |
| 8134079 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 03/15/2038 | 8133729 |
| 22335532 | &nbsp;&nbsp;Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor) | 5.96 %<sup>(a)</sup> | 02/15/2039 | 22413573 |
| 26180000 | &nbsp;&nbsp;Series 2025-FL6-A (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.85 %<sup>(a)</sup> | 09/18/2042 | 26210290 |
|  | UBS Commercial Mortgage Trust |  |  |  |
| 8000000 | &nbsp;&nbsp;Series 2017-C1-C | 4.44% | 06/15/2050 | 7320948 |
| 70960330 | &nbsp;&nbsp;Series 2017-C1-XA | 1.62 %<sup>(b)(f)</sup> | 06/15/2050 | 1386671 |
| 1124000 | &nbsp;&nbsp;Series 2017-C2-C | 4.30 %<sup>(b)</sup> | 08/15/2050 | 1054266 |
| 6857000 | &nbsp;&nbsp;Series 2017-C3-B | 4.09 %<sup>(b)</sup> | 08/15/2050 | 6582157 |
| 9816551 | &nbsp;&nbsp;Series 2017-C3-XA | 1.22 %<sup>(b)(f)</sup> | 08/15/2050 | 150070 |
| 3561000 | &nbsp;&nbsp;Series 2017-C4-B | 4.24 %<sup>(b)</sup> | 10/15/2050 | 3388607 |
| 2886000 | &nbsp;&nbsp;Series 2017-C6-C | 4.86 %<sup>(b)</sup> | 12/15/2050 | 2598887 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 544000 | &nbsp;&nbsp;Series 2017-C7-A4 | 3.68% | 12/15/2050 | 533487 |
| 1020000 | &nbsp;&nbsp;Series 2018-C11-B | 4.71 %<sup>(b)</sup> | 06/15/2051 | 958538 |
| 2854000 | &nbsp;&nbsp;Series 2018-C13-B | 4.79 %<sup>(b)</sup> | 10/15/2051 | 2703351 |
| 37402223 | &nbsp;&nbsp;Series 2018-C9-XA | 1.07 %<sup>(b)(f)</sup> | 03/15/2051 | 756086 |
| 8350000 | &nbsp;&nbsp;Series 2019-C17-AS | 3.20% | 10/15/2052 | 7661165 |
| 12767000 | &nbsp;&nbsp;Series 2019-C17-XD | 1.89 %<sup>(a)(b)(f)</sup> | 10/15/2052 | 835856 |
| 14858000 | &nbsp;&nbsp;Series 2019-C18-AS | 3.38 %<sup>(b)</sup> | 12/15/2052 | 13561882 |
| 9705000 | &nbsp;&nbsp;Series 2019-C18-B | 3.68 %<sup>(b)</sup> | 12/15/2052 | 8592498 |
| 11574000 | &nbsp;&nbsp;Series 2019-C18-XD | 1.55 %<sup>(a)(b)(f)</sup> | 12/15/2052 | 637092 |
|  | UBS-Barclays Commercial Mortgage Trust |  |  |  |
| 6117000 | &nbsp;&nbsp;Series 2019-C3-XD | 1.93 %<sup>(a)(b)(f)</sup> | 05/15/2052 | 369518 |
| 163845951 | &nbsp;&nbsp;Series 2019-C4-XA | 1.66 %<sup>(b)(f)</sup> | 08/15/2052 | 7833524 |
| 13091000 | &nbsp;&nbsp;Series 2019-C4-XD | 1.27 %<sup>(a)(b)(f)</sup> | 08/15/2052 | 538819 |
| 65232654 | &nbsp;&nbsp;Series 2019-C5-XA | 0.97 %<sup>(b)(f)</sup> | 11/15/2052 | 1776240 |
| 14866000 | &nbsp;&nbsp;Series 2019-C5-XD | 1.45 %<sup>(a)(b)(f)</sup> | 11/15/2052 | 736472 |
|  | VEGAS Trust |  |  |  |
| 66928000 | &nbsp;&nbsp;Series 2024-TI-A | 5.52 %<sup>(a)</sup> | 11/10/2039 | 67867388 |
|  | Wells Fargo Commercial Mortgage Trust |  |  |  |
| 118398415 | &nbsp;&nbsp;Series 2024-5C1-XA | 1.26 %<sup>(b)(f)</sup> | 07/15/2057 | 4323164 |
| 3930000 | &nbsp;&nbsp;Series 2025-5C4-A3 | 5.67% | 05/15/2058 | 4098679 |
| 69365696 | &nbsp;&nbsp;Series 2025-5C4-XA | 1.35 %<sup>(b)(f)</sup> | 05/15/2058 | 3319010 |
| 64453393 | &nbsp;&nbsp;Series 2025-C64-XA | 1.24 %<sup>(b)(f)</sup> | 02/15/2058 | 4850053 |
|  | WF-RBS Commercial Mortgage Trust |  |  |  |
| 7317421 | &nbsp;&nbsp;Series 2014-C21-B | 4.21 %<sup>(b)</sup> | 08/15/2047 | 7111050 |
|  | WHARF Trust |  |  |  |
| 2650000 | &nbsp;&nbsp;Series 2025-DC-A | 5.35 %<sup>(a)(b)</sup> | 07/15/2040 | 2705061 |
|  | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $2,989,060,884)** |  |  | **2283334079** |
| **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 23.9%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 23.9%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 23.9%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 23.9%** |  |
|  | Accredited Mortgage Loan Trust |  |  |  |
| 12875000 | &nbsp;&nbsp;Series 2006-1-M2 (1 mo. Term SOFR + 0.45%, 0.34% Floor) | 1.73% | 04/25/2036 | 10068222 |
|  | ACE Securities Corp. |  |  |  |
| 1481088 | &nbsp;&nbsp;Series 2007-ASP1-A2C (1 mo. Term SOFR + 0.63%, 0.52% Floor) | 4.95% | 03/25/2037 | 598416 |
| 9416864 | &nbsp;&nbsp;Series 2007-HE1-A2B (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.67% | 01/25/2037 | 5682279 |
| 2194351 | &nbsp;&nbsp;Series 2007-HE1-A2C (1 mo. Term SOFR + 0.45%, 0.34% Floor) | 4.77% | 01/25/2037 | 1324073 |
| 2057204 | &nbsp;&nbsp;Series 2007-HE1-A2D (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 01/25/2037 | 1241274 |
| 68662605 | &nbsp;&nbsp;Series 2007-WM1-A1A (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 11/25/2036 | 19956745 |
| 3738009 | &nbsp;&nbsp;Series 2007-WM1-A2A (1 mo. Term SOFR + 0.25%, 0.14% Floor) | 4.57% | 11/25/2036 | 1533575 |
| 4041078 | &nbsp;&nbsp;Series 2007-WM1-A2D (1 mo. Term SOFR + 0.55%, 0.44% Floor) | 4.87% | 11/25/2036 | 1658149 |
| 2569308 | &nbsp;&nbsp;Series 2007-WM2-A2C (1 mo. Term SOFR + 0.67%, 0.56% Floor) | 4.99% | 02/25/2037 | 1057149 |
| 2252411 | &nbsp;&nbsp;Series 2007-WM2-A2D (1 mo. Term SOFR + 0.85%, 0.74% Floor) | 5.17% | 02/25/2037 | 926704 |
|  | Adjustable Rate Mortgage Trust |  |  |  |
| 2475766 | &nbsp;&nbsp;Series 2004-4-CB1 (1 mo. Term SOFR + 1.26%, 1.15% Floor, 10.00% Cap) | 5.58% | 03/25/2035 | 2131851 |
| 16625315 | &nbsp;&nbsp;Series 2005-11-4A1 | 5.39 %<sup>(b)</sup> | 02/25/2036 | 8585773 |
| 1113000 | &nbsp;&nbsp;Series 2005-4-2A1 | 6.56 %<sup>(b)</sup> | 08/25/2035 | 1042896 |
| 92191 | &nbsp;&nbsp;Series 2005-7-3A1 | 4.90 %<sup>(b)</sup> | 10/25/2035 | 88899 |
| 3477124 | &nbsp;&nbsp;Series 2005-8-3A21 | 5.11 %<sup>(b)</sup> | 11/25/2035 | 2446975 |
| 9803615 | &nbsp;&nbsp;Series 2006-2-5A1 | 4.95 %<sup>(b)</sup> | 05/25/2036 | 1679203 |
| 4126530 | &nbsp;&nbsp;Series 2007-1-3A1 | 4.99 %<sup>(b)</sup> | 03/25/2037 | 3857946 |
| 782612 | &nbsp;&nbsp;Series 2007-3-1A1 | 5.13 %<sup>(a)(b)</sup> | 11/25/2037 | 773635 |
|  | Aegis Asset Backed Securities Trust |  |  |  |
| 800034 | &nbsp;&nbsp;Series 2004-1-M2 (1 mo. Term SOFR + 2.14%, 2.03% Floor) | 6.46% | 04/25/2034 | 806469 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 617792 | &nbsp;&nbsp;Series 2004-2-M2 (1 mo. Term SOFR + 2.06%, 1.95% Floor) | 6.38% | 06/25/2034 | 599600 |
| 2862140 | &nbsp;&nbsp;Series 2004-6-M2 (1 mo. Term SOFR + 1.11%, 1.00% Floor, 15.00% Cap) | 5.43% | 03/25/2035 | 2727037 |
| 8433487 | &nbsp;&nbsp;Series 2006-1-A2 (1 mo. Term SOFR + 0.45%, 0.34% Floor, 12.00% Cap) | 4.77% | 01/25/2037 | 6323970 |
|  | AlphaFlow Transitional Mortgage Trust |  |  |  |
| 3642912 | &nbsp;&nbsp;Series 2021-WL1-A1 | 3.28 %<sup>(a)(d)</sup> | 01/25/2026 | 3455340 |
|  | American Home Mortgage Assets LLC |  |  |  |
| 2574409 | &nbsp;&nbsp;Series 2006-2-2A1 (1 mo. Term SOFR + 0.49%, 0.38% Floor) | 4.81% | 09/25/2046 | 2417752 |
|  | American Home Mortgage Investment Trust |  |  |  |
| 2511792 | &nbsp;&nbsp;Series 2005-4-3A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 11.00% Cap) | 5.03% | 11/25/2045 | 1739657 |
| 11403529 | &nbsp;&nbsp;Series 2005-4-5A (6 mo. Term SOFR + 2.18%, 1.75% Floor, 11.00% Cap) | 6.46% | 11/25/2045 | 4252395 |
| 2146383 | &nbsp;&nbsp;Series 2006-2-3A4 | 7.10 %<sup>(d)</sup> | 06/25/2036 | 300257 |
| 7248123 | &nbsp;&nbsp;Series 2007-A-13A1 | 6.60 %<sup>(a)(d)</sup> | 01/25/2037 | 943959 |
|  | Ameriquest Mortgage Securities, Inc. |  |  |  |
| 1728306 | &nbsp;&nbsp;Series 2004-FR1-M1 | 3.73 %<sup>(d)</sup> | 05/25/2034 | 1716479 |
|  | Amortizing Residential Collateral Trust |  |  |  |
| 4375397 | &nbsp;&nbsp;Series 2002-BC7-M1 (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63% | 10/25/2032 | 3345052 |
|  | AMSR Trust |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2020-SFR5-F | 2.69 %<sup>(a)</sup> | 11/17/2037 | 9873399 |
| 6500000 | &nbsp;&nbsp;Series 2021-SFR3-E1 | 2.33 %<sup>(a)</sup> | 10/17/2038 | 6244010 |
| 11000000 | &nbsp;&nbsp;Series 2021-SFR3-E2 | 2.43 %<sup>(a)</sup> | 10/17/2038 | 10529284 |
| 18500000 | &nbsp;&nbsp;Series 2021-SFR3-F | 3.23 %<sup>(a)</sup> | 10/17/2038 | 17842702 |
| 6500000 | &nbsp;&nbsp;Series 2021-SFR4-D | 2.77 %<sup>(a)</sup> | 12/17/2038 | 6296478 |
| 10500000 | &nbsp;&nbsp;Series 2021-SFR4-E1 | 2.97 %<sup>(a)</sup> | 12/17/2038 | 10131181 |
|  | Angel Oak Mortgage Trust LLC |  |  |  |
| 9121000 | &nbsp;&nbsp;Series 2021-7-M1 | 3.26 %<sup>(a)(b)</sup> | 10/25/2066 | 6517960 |
| 3000000 | &nbsp;&nbsp;Series 2025-7-A3 | 5.92 %<sup>(a)(b)</sup> | 06/25/2070 | 3048453 |
| 5007000 | &nbsp;&nbsp;Series 2025-7-M1 | 6.35 %<sup>(a)</sup> | 06/25/2070 | 5082325 |
|  | Argent Securities, Inc. Asset-Backed Pass-Through Certificates |  |  |  |
| 9652851 | &nbsp;&nbsp;Series 2004-W11-M6 (1 mo. Term SOFR + 1.99%, 1.88% Floor) | 6.31% | 11/25/2034 | 8220727 |
| 97860118 | &nbsp;&nbsp;Series 2006-M3-A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor) | 4.61% | 10/25/2036 | 54077472 |
| 10997332 | &nbsp;&nbsp;Series 2006-W5-A1A (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73% | 06/25/2036 | 7248299 |
|  | Asset Backed Funding Certificates |  |  |  |
| 78564384 | &nbsp;&nbsp;Series 2007-WMC1-A1A (1 mo. Term SOFR + 1.36%, 1.25% Floor) | 5.68% | 06/25/2037 | 56016139 |
|  | Asset Backed Securities Corp. Home Equity |  |  |  |
| 1172462 | &nbsp;&nbsp;Series 2004-HE3-M2 (1 mo. Term SOFR + 1.79%, 1.68% Floor) | 6.11% | 06/25/2034 | 1149398 |
| 16882390 | &nbsp;&nbsp;Series 2006-HE7-A1 (1 mo. Term SOFR + 0.38%, 0.27% Floor) | 3.84% | 11/25/2036 | 15156716 |
|  | Banc of America Alternative Loan Trust |  |  |  |
| 399996 | &nbsp;&nbsp;Series 2005-10-4A1 | 5.75% | 11/25/2035 | 370598 |
| 1559962 | &nbsp;&nbsp;Series 2005-11-2CB1 | 6.00% | 12/25/2035 | 1494440 |
| 1076094 | &nbsp;&nbsp;Series 2006-2-1CB1 | 6.00% | 03/25/2036 | 995191 |
| 1334498 | &nbsp;&nbsp;Series 2006-2-3CB1 | 6.50% | 03/25/2036 | 1223267 |
| 388404 | &nbsp;&nbsp;Series 2006-5-CB14 (1 mo. Term SOFR + 1.21%, 6.00% Floor, 6.00% Cap) | 6.00% | 06/25/2046 | 339261 |
| 905881 | &nbsp;&nbsp;Series 2006-6-CB3 | 6.00% | 07/25/2046 | 791209 |
| 7658838 | &nbsp;&nbsp;Series 2006-7-A4 | 6.50 %<sup>(d)</sup> | 10/25/2036 | 2051541 |
| 1224522 | &nbsp;&nbsp;Series 2006-8-1A1 (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap) | 2.07 %<sup>(f)(h)</sup> | 11/25/2036 | 134342 |
| 436413 | &nbsp;&nbsp;Series 2006-8-1A2 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap) | 4.88% | 11/25/2036 | 341838 |
| 1967291 | &nbsp;&nbsp;Series 2006-9-1CB1 | 6.00% | 01/25/2037 | 1766260 |
| 334742 | &nbsp;&nbsp;Series 2007-2-2A1 | 6.00% | 06/25/2037 | 286182 |
|  | Banc of America Funding Corp. |  |  |  |
| 2176697 | &nbsp;&nbsp;Series 2006-2-3A1 | 6.00% | 03/25/2036 | 1880376 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 58838 | &nbsp;&nbsp;Series 2006-2-4A1 (-3 x 1 mo. Term SOFR + 22.46%, 0.00% Floor, 22.80% Cap) | 9.50 %<sup>(h)</sup> | 03/25/2036 | 57826 |
| 75720 | &nbsp;&nbsp;Series 2006-2-6A2 | 5.50% | 03/25/2036 | 75692 |
| 247060 | &nbsp;&nbsp;Series 2006-3-1A1 | 6.00% | 03/25/2036 | 211291 |
| 132323 | &nbsp;&nbsp;Series 2006-3-6A1 | 6.37 %<sup>(b)</sup> | 03/25/2036 | 135555 |
| 1171303 | &nbsp;&nbsp;Series 2006-6-1A7 | 6.25% | 08/25/2036 | 1022668 |
| 411912 | &nbsp;&nbsp;Series 2006-7-T2A5 | 6.54 %<sup>(d)</sup> | 10/25/2036 | 375588 |
| 1941471 | &nbsp;&nbsp;Series 2006-7-T2A8 | 6.41 %<sup>(d)</sup> | 10/25/2036 | 1770460 |
| 506322 | &nbsp;&nbsp;Series 2006-8T2-A8 | 6.60 %<sup>(d)</sup> | 10/25/2036 | 448648 |
| 218867 | &nbsp;&nbsp;Series 2006-B-7A1 | 4.47 %<sup>(b)</sup> | 03/20/2036 | 191877 |
| 3754475 | &nbsp;&nbsp;Series 2006-D-6A1 | 4.01 %<sup>(b)</sup> | 05/20/2036 | 3184508 |
| 77855 | &nbsp;&nbsp;Series 2006-H-3A1 | 4.23 %<sup>(b)</sup> | 09/20/2046 | 63863 |
| 43041499 | &nbsp;&nbsp;Series 2006-H-5A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 10.50% Cap) | 4.79% | 10/20/2036 | 13079451 |
| 404674 | &nbsp;&nbsp;Series 2007-1-TA10 | 6.34 %<sup>(d)</sup> | 01/25/2037 | 377891 |
| 560039 | &nbsp;&nbsp;Series 2007-3-TA1B | 5.83 %<sup>(b)</sup> | 04/25/2037 | 487046 |
| 1069129 | &nbsp;&nbsp;Series 2007-5-1A1 | 5.50% | 07/25/2037 | 871742 |
| 569738 | &nbsp;&nbsp;Series 2009-R14A-3A (-2 x 1 mo. Term SOFR + 16.30%, 5.50% Floor, 16.57% Cap) | 6.19 %<sup>(a)(h)</sup> | 06/26/2035 | 538235 |
| 803943 | &nbsp;&nbsp;Series 2009-R15A-4A2 | 5.75 %<sup>(a)(b)</sup> | 12/26/2036 | 712911 |
| 491242 | &nbsp;&nbsp;Series 2010-R1-3A (-2 x 1 mo. Term SOFR + 14.10%, 6.00% Floor, 14.28% Cap) | 7.41 %<sup>(a)(h)</sup> | 07/26/2036 | 484707 |
| 4848535 | &nbsp;&nbsp;Series 2014-R6-3A2 | 4.71 %<sup>(a)(b)(g)</sup> | 10/26/2036 | 4359692 |
| 10527746 | &nbsp;&nbsp;Series 2014-R8-A2 (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.67 %<sup>(a)</sup> | 06/26/2036 | 8711824 |
| 17238106 | &nbsp;&nbsp;Series 2015-R2-4A2 (1 mo. Term SOFR + 0.28%, 0.17% Floor) | 3.57 %<sup>(a)</sup> | 09/29/2036 | 14460468 |
|  | Banc of America Mortgage Securities, Inc. |  |  |  |
| 773832 | &nbsp;&nbsp;Series 2006-1-A9 | 6.00% | 05/25/2036 | 655996 |
| 134581 | &nbsp;&nbsp;Series 2007-1-2A5 | 5.75% | 01/25/2037 | 117494 |
| 2988570 | &nbsp;&nbsp;Series 2007-3-2A8 | 7.00% | 09/25/2037 | 2548736 |
|  | BankUnited Trust |  |  |  |
| 4753197 | &nbsp;&nbsp;Series 2005-1-2A1 | 4.58 %<sup>(b)</sup> | 09/25/2045 | 4338635 |
|  | Barclays PLC |  |  |  |
| 6203385 | &nbsp;&nbsp;Series 2010-RR6-7A10 | 7.79 %<sup>(a)(b)</sup> | 02/26/2037 | 2344237 |
|  | Bayview Commercial Asset Trust |  |  |  |
| 557592 | &nbsp;&nbsp;Series 2007-3-A2 (1 mo. Term SOFR + 0.55%, 0.00% Floor) | 4.87 %<sup>(a)</sup> | 07/25/2037 | 527371 |
|  | Bayview Financial Acquisition Trust |  |  |  |
| 1900148 | &nbsp;&nbsp;Series 2006-C-2A4 (1 mo. Term SOFR + 0.53%, 0.00% Floor) | 4.86% | 11/28/2036 | 1774985 |
|  | BCAP LLC Trust |  |  |  |
| 17802585 | &nbsp;&nbsp;Series 2007-AA2-11A (1 mo. Term SOFR + 0.49%, 0.38% Floor) | 4.81 %<sup>(a)</sup> | 05/25/2047 | 18342195 |
| 1925981 | &nbsp;&nbsp;Series 2007-AA2-2A7 | 6.00% | 04/25/2037 | 851350 |
| 2085091 | &nbsp;&nbsp;Series 2007-AA2-2A8 | 5.75% | 04/25/2037 | 884175 |
| 10159968 | &nbsp;&nbsp;Series 2008-RR3-A1B | 6.70 %<sup>(a)(b)</sup> | 10/25/2036 | 3193411 |
| 1454035 | &nbsp;&nbsp;Series 2009-RR13-18A2 | 5.75 %<sup>(a)(b)</sup> | 07/26/2037 | 687562 |
| 2519710 | &nbsp;&nbsp;Series 2009-RR4-4A2 | 5.75 %<sup>(a)(b)</sup> | 02/26/2036 | 1102328 |
|  | Bear Stearns Adjustable Rate Mortgage Trust |  |  |  |
| 202258 | &nbsp;&nbsp;Series 2005-12-13A1 | 4.72 %<sup>(b)</sup> | 02/25/2036 | 145414 |
| 1838718 | &nbsp;&nbsp;Series 2006-4-4A1 | 4.99 %<sup>(b)</sup> | 10/25/2046 | 1595537 |
| 2300751 | &nbsp;&nbsp;Series 2007-1-2A1 | 5.83 %<sup>(b)</sup> | 02/25/2047 | 2015696 |
| 661239 | &nbsp;&nbsp;Series 2007-1-3A1 | 4.55 %<sup>(b)</sup> | 02/25/2047 | 644335 |
| 7874321 | &nbsp;&nbsp;Series 2007-2-2A1 (12 mo. Term SOFR + 2.59%, 1.88% Floor, 11.15% Cap) | 6.37% | 12/25/2046 | 6570509 |
|  | Bear Stearns Alt-A Trust |  |  |  |
| 179208 | &nbsp;&nbsp;Series 2004-11-2A3 | 5.61 %<sup>(b)</sup> | 11/25/2034 | 182166 |
| 9104971 | &nbsp;&nbsp;Series 2006-3-21A1 | 4.49 %<sup>(b)</sup> | 05/25/2036 | 6524819 |
| 3472401 | &nbsp;&nbsp;Series 2006-5-1A1 (1 mo. Term SOFR + 0.45%, 0.34% Floor, 11.50% Cap) | 4.77% | 08/25/2036 | 3113408 |
| 5527822 | &nbsp;&nbsp;Series 2006-6-2A1 | 4.33 %<sup>(b)</sup> | 11/25/2036 | 2523988 |
| 2791803 | &nbsp;&nbsp;Series 2006-8-2A1 | 4.71 %<sup>(b)</sup> | 08/25/2046 | 1915159 |
| 4527198 | &nbsp;&nbsp;Series 2007-1-1A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 11.50% Cap) | 4.75% | 01/25/2047 | 3867790 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Bear Stearns Asset Backed Securities Trust |  |  |  |
| 2159437 | &nbsp;&nbsp;Series 2004-AC4-A2 | 5.50 %<sup>(d)</sup> | 08/25/2034 | 2162855 |
| 4819968 | &nbsp;&nbsp;Series 2005-AC2-1A | 5.75 %<sup>(d)</sup> | 04/25/2035 | 4136384 |
| 1564431 | &nbsp;&nbsp;Series 2005-AC2-2A1 | 5.75 %<sup>(d)</sup> | 04/25/2035 | 1503251 |
| 18585580 | &nbsp;&nbsp;Series 2005-AC6-22A | 5.11 %<sup>(b)</sup> | 09/25/2035 | 15066378 |
| 4460156 | &nbsp;&nbsp;Series 2005-AC7-A4 | 6.00 %<sup>(d)</sup> | 10/25/2035 | 2714733 |
| 5757431 | &nbsp;&nbsp;Series 2006-AC1-1A1 | 6.25 %<sup>(d)</sup> | 02/25/2036 | 2614340 |
| 547380 | &nbsp;&nbsp;Series 2006-AC5-A1 | 6.75 %<sup>(d)</sup> | 12/25/2036 | 559542 |
| 18429845 | &nbsp;&nbsp;Series 2007-HE4-2A (1 mo. Term SOFR + 0.33%, 0.22% Floor) | 4.65% | 05/25/2037 | 17033797 |
| 10947212 | &nbsp;&nbsp;Series 2007-HE6-2A (1 mo. Term SOFR + 1.16%, 1.05% Floor) | 5.48% | 08/25/2037 | 9788274 |
| 921502 | &nbsp;&nbsp;Series 2007-SD1-1A2A | 6.00% | 10/25/2036 | 297830 |
| 1323155 | &nbsp;&nbsp;Series 2007-SD1-1A3A | 6.50% | 10/25/2036 | 464698 |
| 1179243 | &nbsp;&nbsp;Series 2007-SD1-23A1 | 5.82 %<sup>(b)</sup> | 10/25/2036 | 587771 |
|  | Bear Stearns Mortgage Funding Trust |  |  |  |
| 5580389 | &nbsp;&nbsp;Series 2006-AR3-2A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 10.50% Cap) | 4.83% | 11/25/2036 | 5109686 |
| 2334454 | &nbsp;&nbsp;Series 2006-AR4-A2 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 10.50% Cap) | 4.79% | 12/25/2037 | 2272818 |
| 5233617 | &nbsp;&nbsp;Series 2007-AR3-22A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 10.50% Cap) | 4.75% | 04/25/2037 | 5032610 |
|  | BNC Mortgage Loan Trust |  |  |  |
| 3467477 | &nbsp;&nbsp;Series 2006-2-A4 (1 mo. Term SOFR + 0.43%, 0.32% Floor) | 4.75% | 11/25/2036 | 3392938 |
| 3525831 | &nbsp;&nbsp;Series 2007-1-A4 (1 mo. Term SOFR + 0.27%, 0.16% Floor) | 4.59% | 03/25/2037 | 3445708 |
| 4722078 | &nbsp;&nbsp;Series 2007-4-A4 (1 mo. Term SOFR + 1.61%, 1.50% Floor) | 5.93% | 11/25/2037 | 4030528 |
|  | BNP Paribas Mortgage Securities LLC |  |  |  |
| 23502859 | &nbsp;&nbsp;Series 2009-1-B1 | 6.00 %<sup>(a)</sup> | 08/27/2037 | 10683341 |
|  | CAFL Issuer LLC |  |  |  |
| 26206384 | &nbsp;&nbsp;Series 2021-RTL1-A1 | 4.24 %<sup>(a)(d)</sup> | 03/28/2029 | 26207563 |
| 3334645 | &nbsp;&nbsp;Series 2021-RTL1-A2 | 5.10 %<sup>(a)(d)</sup> | 03/28/2029 | 3335139 |
|  | Carrington Mortgage Loan Trust |  |  |  |
| 3672569 | &nbsp;&nbsp;Series 2006-FRE2-A2 (1 mo. Term SOFR + 0.23%, 0.12% Floor, 12.50% Cap) | 4.55% | 10/25/2036 | 2786603 |
| 17708671 | &nbsp;&nbsp;Series 2006-FRE2-A3 (1 mo. Term SOFR + 0.27%, 0.16% Floor, 12.50% Cap) | 4.59% | 10/25/2036 | 13442126 |
| 5450594 | &nbsp;&nbsp;Series 2006-FRE2-A4 (1 mo. Term SOFR + 0.36%, 0.25% Floor, 12.50% Cap) | 4.68% | 10/25/2036 | 4139435 |
| 2915014 | &nbsp;&nbsp;Series 2006-NC3-A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 12.50% Cap) | 4.73% | 08/25/2036 | 2833590 |
| 21656347 | &nbsp;&nbsp;Series 2006-NC4-A3 (1 mo. Term SOFR + 0.27%, 0.16% Floor, 12.50% Cap) | 4.59% | 10/25/2036 | 21102738 |
| 20523965 | &nbsp;&nbsp;Series 2006-NC5-A3 (1 mo. Term SOFR + 0.26%, 0.15% Floor, 14.50% Cap) | 4.58% | 01/25/2037 | 18340275 |
| 8315989 | &nbsp;&nbsp;Series 2007-RFC1-A3 (1 mo. Term SOFR + 0.25%, 0.14% Floor, 14.50% Cap) | 4.57% | 12/25/2036 | 8135532 |
|  | Cascade MH Asset Trust |  |  |  |
| 13573585 | &nbsp;&nbsp;Series 2019-MH1-A | 4.00 %<sup>(a)(b)</sup> | 11/25/2044 | 12963018 |
|  | Centex Home Equity |  |  |  |
| 2750000 | &nbsp;&nbsp;Series 2004-A-AF5 | 5.43 %<sup>(d)</sup> | 01/25/2034 | 2749592 |
|  | Chase Mortgage Finance Corp. |  |  |  |
| 2060603 | &nbsp;&nbsp;Series 2005-A1-2A4 | 4.94 %<sup>(b)</sup> | 12/25/2035 | 1963208 |
| 7061179 | &nbsp;&nbsp;Series 2006-S1-A5 | 6.50% | 05/25/2036 | 3128153 |
| 6456378 | &nbsp;&nbsp;Series 2006-S2-1A9 | 6.25% | 10/25/2036 | 2348155 |
| 4616965 | &nbsp;&nbsp;Series 2006-S3-1A2 | 6.00% | 11/25/2036 | 1829552 |
| 13205969 | &nbsp;&nbsp;Series 2006-S4-A8 | 6.00% | 12/25/2036 | 5311577 |
| 3920263 | &nbsp;&nbsp;Series 2007-S1-A7 | 6.00% | 02/25/2037 | 1505627 |
| 2255911 | &nbsp;&nbsp;Series 2007-S3-1A5 | 6.00% | 05/25/2037 | 960966 |
| 1043705 | &nbsp;&nbsp;Series 2007-S3-2A1 | 5.50% | 05/25/2037 | 10 |
| 2191626 | &nbsp;&nbsp;Series 2007-S5-1A18 | 6.00% | 07/25/2037 | 952960 |
|  | Chaseflex Trust |  |  |  |
| 803959 | &nbsp;&nbsp;Series 2005-1-3A1 | 6.00% | 02/25/2035 | 684663 |
| 70211 | &nbsp;&nbsp;Series 2006-1-A5 | 6.16 %<sup>(b)</sup> | 06/25/2036 | 67317 |
| 1822672 | &nbsp;&nbsp;Series 2006-2-A2B (1 mo. Term SOFR + 0.31%, 0.20% Floor, 11.50% Cap) | 4.37% | 09/25/2036 | 1528848 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 3141507 | &nbsp;&nbsp;Series 2007-1-1A1 | 6.50% | 02/25/2037 | 1060507 |
| 4257979 | &nbsp;&nbsp;Series 2007-M1-2F4 | 4.28 %<sup>(d)</sup> | 08/25/2037 | 3612922 |
| 4428677 | &nbsp;&nbsp;Series 2007-M1-2F5 | 4.28 %<sup>(d)</sup> | 08/25/2037 | 3757404 |
|  | Citigroup Financial Products, Inc. |  |  |  |
| 1344537 | &nbsp;&nbsp;Series 2007-AMC3-A2D (1 mo. Term SOFR + 0.46%, 0.35% Floor) | 4.78% | 03/25/2037 | 1162994 |
|  | Citigroup Mortgage Loan Trust, Inc. |  |  |  |
| 343600 | &nbsp;&nbsp;Series 2005-9-21A1 | 5.50% | 11/25/2035 | 321461 |
| 691596 | &nbsp;&nbsp;Series 2006-4-2A1A | 6.00% | 12/25/2035 | 687965 |
| 4019708 | &nbsp;&nbsp;Series 2006-AR3-1A1A | 5.69 %<sup>(b)</sup> | 06/25/2036 | 3816956 |
| 2029183 | &nbsp;&nbsp;Series 2006-FX1-A6 | 7.35 %<sup>(d)</sup> | 10/25/2036 | 1180330 |
| 8203867 | &nbsp;&nbsp;Series 2006-WF1-A2D | 6.42 %<sup>(d)</sup> | 03/25/2036 | 3911494 |
| 8471708 | &nbsp;&nbsp;Series 2006-WF2-A2D | 6.66 %<sup>(d)</sup> | 05/25/2036 | 3059746 |
| 1397346 | &nbsp;&nbsp;Series 2007-10-1A1A | 5.16 %<sup>(b)</sup> | 04/25/2037 | 1330760 |
| 511128 | &nbsp;&nbsp;Series 2007-12-2A1 | 6.50 %<sup>(a)(b)</sup> | 10/25/2036 | 259867 |
| 13764467 | &nbsp;&nbsp;Series 2007-9-1A1 | 5.75 %<sup>(a)</sup> | 04/25/2047 | 7505300 |
| 588977 | &nbsp;&nbsp;Series 2007-9-2A2 | 6.50 %<sup>(a)(b)</sup> | 05/25/2037 | 524966 |
| 33329834 | &nbsp;&nbsp;Series 2007-AMC2-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71 %<sup>(a)</sup> | 01/25/2037 | 31014051 |
| 1590746 | &nbsp;&nbsp;Series 2007-AR8-1A1A | 3.70 %<sup>(b)</sup> | 08/25/2047 | 1389325 |
| 3281366 | &nbsp;&nbsp;Series 2007-OPX1-A2 (1 mo. Term SOFR + 0.51%, 0.40% Floor) | 4.83% | 01/25/2037 | 1376533 |
| 3229939 | &nbsp;&nbsp;Series 2007-OPX1-A3A | 7.47 %<sup>(d)</sup> | 01/25/2037 | 1371577 |
| 7119948 | &nbsp;&nbsp;Series 2007-OPX1-A5A | 7.26 %<sup>(d)</sup> | 01/25/2037 | 3024645 |
| 2515315 | &nbsp;&nbsp;Series 2010-7-9A4 | 6.00 %<sup>(a)(b)</sup> | 10/25/2037 | 2238756 |
| 11235243 | &nbsp;&nbsp;Series 2010-8-7A4 | 6.00 %<sup>(a)(b)</sup> | 06/25/2037 | 10582219 |
| 2196286 | &nbsp;&nbsp;Series 2014-8-3A2 | 6.00 %<sup>(a)(b)</sup> | 03/25/2037 | 1950594 |
| 93829348 | &nbsp;&nbsp;Series 2019-A-PT1 | 3.92 %<sup>(a)</sup> | 10/25/2058 | 78100266 |
| 144829065 | &nbsp;&nbsp;Series 2019-D-PT1 | 3.54 %<sup>(a)(b)</sup> | 04/25/2064 | 121083326 |
| 173319974 | &nbsp;&nbsp;Series 2020-RP1-A1 | 1.50 %<sup>(a)(b)</sup> | 08/25/2064 | 154477337 |
| 26293400 | &nbsp;&nbsp;Series 2020-RP1-M1 | 2.00 %<sup>(a)(b)</sup> | 08/25/2064 | 20047866 |
| 22116950 | &nbsp;&nbsp;Series 2020-RP1-M2 | 2.50 %<sup>(a)(b)</sup> | 08/25/2064 | 16742949 |
| 18676200 | &nbsp;&nbsp;Series 2020-RP1-M3 | 2.75 %<sup>(a)(b)</sup> | 08/25/2064 | 13645963 |
| 48967371 | &nbsp;&nbsp;Series 2020-RP1-PT5 | 6.62 %<sup>(a)(b)</sup> | 08/25/2064 | 40388728 |
| 9961608 | &nbsp;&nbsp;Series 2021-JL1-A | 2.75 %<sup>(a)(b)</sup> | 02/27/2062 | 9630619 |
| 225649674 | &nbsp;&nbsp;Series 2021-RP2-A1 | 1.75 %<sup>(a)(b)</sup> | 03/25/2065 | 203078366 |
| 34186100 | &nbsp;&nbsp;Series 2021-RP2-M1 | 3.25 %<sup>(a)(b)</sup> | 03/25/2065 | 29090860 |
| 28635750 | &nbsp;&nbsp;Series 2021-RP2-M2 | 3.40 %<sup>(a)(b)</sup> | 03/25/2065 | 23488694 |
| 26589300 | &nbsp;&nbsp;Series 2021-RP2-M3 | 3.40 %<sup>(a)(b)</sup> | 03/25/2065 | 20767924 |
| 78007059 | &nbsp;&nbsp;Series 2021-RP2-PT1 | 5.59 %<sup>(a)(b)</sup> | 03/25/2065 | 64416435 |
|  | Citimortgage Alternative Loan Trust |  |  |  |
| 1243133 | &nbsp;&nbsp;Series 2006-A1-1A5 | 5.50% | 04/25/2036 | 1172279 |
| 1499874 | &nbsp;&nbsp;Series 2006-A2-A2 | 6.00% | 05/25/2036 | 1422907 |
| 1438091 | &nbsp;&nbsp;Series 2006-A3-1A13 | 6.00% | 07/25/2036 | 1267988 |
| 1183998 | &nbsp;&nbsp;Series 2006-A4-1A8 | 6.00% | 09/25/2036 | 1097814 |
| 1198108 | &nbsp;&nbsp;Series 2006-A5-3A3Pool 2006-A5 | 6.00% | 10/25/2036 | 1077469 |
| 3561588 | &nbsp;&nbsp;Series 2006-A6-1A2 (1 mo. Term SOFR + 0.61%, 6.00% Floor, 6.00% Cap) | 6.00% | 11/25/2036 | 3268546 |
| 1806327 | &nbsp;&nbsp;Series 2007-A1-1A5 | 6.00% | 01/25/2037 | 1628183 |
| 880704 | &nbsp;&nbsp;Series 2007-A1-1A7 | 6.00% | 01/25/2037 | 793847 |
| 2388156 | &nbsp;&nbsp;Series 2007-A1-1A8 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 5.03% | 01/25/2037 | 1978352 |
| 2253491 | &nbsp;&nbsp;Series 2007-A1-1A9 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap) | 0.97 %<sup>(f)(h)</sup> | 01/25/2037 | 168243 |
| 1805243 | &nbsp;&nbsp;Series 2007-A3-1A1 | 6.00 %<sup>(j)</sup> | 03/25/2037 | 1584130 |
| 4154443 | &nbsp;&nbsp;Series 2007-A3-1A3 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap) | 0.97 %<sup>(f)(h)</sup> | 03/25/2037 | 310874 |
| 1628037 | &nbsp;&nbsp;Series 2007-A3-1A4 | 5.75% | 03/25/2037 | 1421672 |
| 2954380 | &nbsp;&nbsp;Series 2007-A4-1A3 (1 mo. Term SOFR + 0.44%, 0.33% Floor, 7.00% Cap) | 4.76% | 04/25/2037 | 2397980 |
| 2954380 | &nbsp;&nbsp;Series 2007-A4-1A4 (-1 x 1 mo. Term SOFR + 6.56%, 0.00% Floor, 6.67% Cap) | 2.24 %<sup>(f)(h)</sup> | 04/25/2037 | 341113 |
| 3128874 | &nbsp;&nbsp;Series 2007-A4-1A5 | 5.75% | 04/25/2037 | 2761366 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 405805 | &nbsp;&nbsp;Series 2007-A5-1A11 | 6.00% | 05/25/2037 | 387429 |
| 5350243 | &nbsp;&nbsp;Series 2007-A5-1A8 | 6.00% | 05/25/2037 | 5107987 |
| 177527 | &nbsp;&nbsp;Series 2007-A8-A1 | 6.00% | 10/25/2037 | 164140 |
|  | CitiMortgage, Inc. |  |  |  |
| 1492147 | &nbsp;&nbsp;Series 2005-1-1A4 | 5.50% | 02/25/2035 | 1461261 |
|  | Colony American Finance Ltd. |  |  |  |
| 9000000 | &nbsp;&nbsp;Series 2020-3-D | 2.95 %<sup>(a)(b)</sup> | 08/15/2053 | 7814976 |
|  | COLT Funding LLC |  |  |  |
| 14812000 | &nbsp;&nbsp;Series 2021-5-M1 | 3.26 %<sup>(a)(b)</sup> | 11/26/2066 | 11410969 |
| 4294000 | &nbsp;&nbsp;Series 2021-HX1-B1 | 3.11 %<sup>(a)(b)</sup> | 10/25/2066 | 3212824 |
| 4130000 | &nbsp;&nbsp;Series 2021-HX1-B2 | 3.86 %<sup>(a)(b)</sup> | 10/25/2066 | 3214412 |
| 6000000 | &nbsp;&nbsp;Series 2021-HX1-M1 | 2.36 %<sup>(a)(b)</sup> | 10/25/2066 | 4366759 |
| 9347649 | &nbsp;&nbsp;Series 2022-4-A1 | 4.30 %<sup>(a)(b)</sup> | 03/25/2067 | 9322349 |
| 3000000 | &nbsp;&nbsp;Series 2025-6-A3 | 5.89 %<sup>(a)(d)</sup> | 08/25/2070 | 3037479 |
| 3000000 | &nbsp;&nbsp;Series 2025-6-M1 | 6.27 %<sup>(a)(b)</sup> | 08/25/2070 | 3042936 |
|  | Countrywide Alternative Loan Trust |  |  |  |
| 21595975 | &nbsp;&nbsp;Series 2004-36CB-1A1 | 6.00% | 02/25/2035 | 15388262 |
| 4387230 | &nbsp;&nbsp;Series 2005-13CB-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 5.50% Cap) | 4.93% | 05/25/2035 | 3572247 |
| 2003911 | &nbsp;&nbsp;Series 2005-13CB-A3 | 5.50% | 05/25/2035 | 1742090 |
| 2057932 | &nbsp;&nbsp;Series 2005-20CB-2A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 5.50% Cap) | 4.93% | 07/25/2035 | 1216813 |
| 4201611 | &nbsp;&nbsp;Series 2005-20CB-2A2 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap) | 0.57 %<sup>(f)(h)</sup> | 07/25/2035 | 269510 |
| 1199708 | &nbsp;&nbsp;Series 2005-26CB-A11 (-2 x 1 mo. Term SOFR + 12.84%, 0.00% Floor, 13.05% Cap) | 5.01 %<sup>(h)</sup> | 07/25/2035 | 825477 |
| 1635098 | &nbsp;&nbsp;Series 2005-28CB-1A2 (1 mo. Term SOFR + 0.86%, 0.75% Floor, 5.50% Cap) | 5.18% | 08/25/2035 | 1320319 |
| 894519 | &nbsp;&nbsp;Series 2005-28CB-3A6 | 6.00% | 08/25/2035 | 342924 |
| 4779800 | &nbsp;&nbsp;Series 2005-32T1-A9 | 5.50% | 08/25/2035 | 2580854 |
| 1804957 | &nbsp;&nbsp;Series 2005-46CB-A14 | 5.50% | 10/25/2035 | 1247029 |
| 914425 | &nbsp;&nbsp;Series 2005-46CB-A20 | 5.50% | 10/25/2035 | 631768 |
| 3496304 | &nbsp;&nbsp;Series 2005-48T1-A2 | 5.50% | 11/25/2035 | 1928291 |
| 1211502 | &nbsp;&nbsp;Series 2005-54CB-3A4 | 5.50% | 11/25/2035 | 654463 |
| 26617142 | &nbsp;&nbsp;Series 2005-55CB-1A1 | 5.50% | 11/25/2035 | 17604003 |
| 10195013 | &nbsp;&nbsp;Series 2005-57CB-1A1 | 5.50% | 12/25/2035 | 7395392 |
| 292573 | &nbsp;&nbsp;Series 2005-60T1-A7 (-7 x 1 mo. Term SOFR + 35.09%, 0.00% Floor, 35.93% Cap) | 3.42 %<sup>(h)</sup> | 12/25/2035 | 169623 |
| 267651 | &nbsp;&nbsp;Series 2005-64CB-1A14 | 5.50% | 12/25/2035 | 238842 |
| 3884626 | &nbsp;&nbsp;Series 2005-64CB-1A4 | 5.50% | 12/25/2035 | 3466490 |
| 818062 | &nbsp;&nbsp;Series 2005-73CB-1A5 (1 mo. Term SOFR + 0.91%, 0.80% Floor, 5.50% Cap) | 5.23% | 01/25/2036 | 757213 |
| 2058074 | &nbsp;&nbsp;Series 2005-73CB-1A6 (-1 x 1 mo. Term SOFR + 4.59%, 0.00% Floor, 4.70% Cap) | 0.27 %<sup>(f)(h)</sup> | 01/25/2036 | 82718 |
| 28711990 | &nbsp;&nbsp;Series 2005-77T1-1A1 | 6.00% | 02/25/2036 | 13281747 |
| 396327 | &nbsp;&nbsp;Series 2005-79CB-A5 | 5.50% | 01/25/2036 | 217042 |
| 16681449 | &nbsp;&nbsp;Series 2005-80CB-4A1 | 6.00% | 02/25/2036 | 7613772 |
| 18400074 | &nbsp;&nbsp;Series 2005-85CB-1A1 | 6.00% | 02/25/2036 | 7115187 |
| 1029575 | &nbsp;&nbsp;Series 2005-85CB-2A6 (-4 x 1 mo. Term SOFR + 21.21%, 0.00% Floor, 21.63% Cap) | 5.38 %<sup>(h)</sup> | 02/25/2036 | 797386 |
| 793566 | &nbsp;&nbsp;Series 2005-86CB-A5 | 5.50% | 02/25/2036 | 452098 |
| 2889120 | &nbsp;&nbsp;Series 2005-J1-5A3 | 5.50% | 02/25/2035 | 2823182 |
| 12285 | &nbsp;&nbsp;Series 2005-J1-7A1 | 5.50% | 12/25/2025 | 10389 |
| 1016423 | &nbsp;&nbsp;Series 2005-J10-1A11 | 5.50% | 10/25/2035 | 656245 |
| 231314 | &nbsp;&nbsp;Series 2005-J10-1A13 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.50% Cap) | 5.13% | 10/25/2035 | 134989 |
| 108358 | &nbsp;&nbsp;Series 2005-J10-1A15 | 5.50% | 10/25/2035 | 69960 |
| 349601 | &nbsp;&nbsp;Series 2005-J11-1A3 | 5.50% | 11/25/2035 | 192363 |
| 320384 | &nbsp;&nbsp;Series 2005-J13-2A5 (1 mo. Term SOFR + 0.59%, 0.48% Floor, 5.50% Cap) | 4.91% | 11/25/2035 | 199269 |
| 640769 | &nbsp;&nbsp;Series 2005-J13-2A6 (-1 x 1 mo. Term SOFR + 4.91%, 0.00% Floor, 5.02% Cap) | 0.59 %<sup>(f)(h)</sup> | 11/25/2035 | 39382 |
| 385026 | &nbsp;&nbsp;Series 2005-J2-1A5 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 5.50% Cap) | 4.93% | 04/25/2035 | 297878 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1184694 | &nbsp;&nbsp;Series 2005-J2-1A6 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap) | 0.57 %<sup>(f)(h)</sup> | 04/25/2035 | 65540 |
| 2429886 | &nbsp;&nbsp;Series 2005-J3-2A8 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 5.50% Cap) | 4.73% | 05/25/2035 | 1839252 |
| 2429886 | &nbsp;&nbsp;Series 2005-J3-2A9 (-1 x 1 mo. Term SOFR + 5.09%, 0.00% Floor, 5.20% Cap) | 0.77 %<sup>(f)(h)</sup> | 05/25/2035 | 158272 |
| 2468620 | &nbsp;&nbsp;Series 2006-12CB-A3 (1 mo. Term SOFR + 5.75%, 5.75% Floor) | 5.75% | 05/25/2036 | 1190639 |
| 3042511 | &nbsp;&nbsp;Series 2006-12CB-A8 | 6.00% | 05/25/2036 | 1525000 |
| 26968742 | &nbsp;&nbsp;Series 2006-15CB-A1 | 6.50% | 06/25/2036 | 12383990 |
| 2477078 | &nbsp;&nbsp;Series 2006-16CB-A7 | 6.00% | 06/25/2036 | 1295992 |
| 662041 | &nbsp;&nbsp;Series 2006-18CB-A12 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 5.03% | 07/25/2036 | 266953 |
| 662041 | &nbsp;&nbsp;Series 2006-18CB-A13 (-1 x 1 mo. Term SOFR + 5.39%, 0.00% Floor, 5.50% Cap) | 1.07 %<sup>(f)(h)</sup> | 07/25/2036 | 68317 |
| 3204689 | &nbsp;&nbsp;Series 2006-19CB-A12 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.00% Cap) | 4.83% | 08/25/2036 | 1393913 |
| 4345751 | &nbsp;&nbsp;Series 2006-19CB-A13 (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap) | 1.17 %<sup>(f)(h)</sup> | 08/25/2036 | 506769 |
| 668917 | &nbsp;&nbsp;Series 2006-19CB-A15Pool 2006-1 | 6.00% | 08/25/2036 | 379536 |
| 4099434 | &nbsp;&nbsp;Series 2006-23CB-2A3 | 6.50% | 08/25/2036 | 1236261 |
| 1198106 | &nbsp;&nbsp;Series 2006-24CB-A11 | 5.75% | 08/25/2036 | 592012 |
| 3506708 | &nbsp;&nbsp;Series 2006-24CB-A14 (-1 x 1 mo. Term SOFR + 7.04%, 0.00% Floor, 7.15% Cap) | 2.72 %<sup>(f)(h)</sup> | 08/25/2036 | 658317 |
| 2811923 | &nbsp;&nbsp;Series 2006-24CB-A22 | 6.00% | 08/25/2036 | 1438428 |
| 3018038 | &nbsp;&nbsp;Series 2006-24CB-A5 (1 mo. Term SOFR + 0.71%, 0.06% Floor, 6.00% Cap) | 5.03% | 08/25/2036 | 1258623 |
| 1399783 | &nbsp;&nbsp;Series 2006-26CB-A17 | 6.25% | 09/25/2036 | 663588 |
| 1796740 | &nbsp;&nbsp;Series 2006-26CB-A9 | 6.50% | 09/25/2036 | 882983 |
| 2381720 | &nbsp;&nbsp;Series 2006-29T1-1A2 | 6.25% | 10/25/2036 | 1278183 |
| 355369 | &nbsp;&nbsp;Series 2006-29T1-2A12 (-7 x 1 mo. Term SOFR + 45.41%, 0.00% Floor, 46.15% Cap) | 17.33 %<sup>(h)</sup> | 10/25/2036 | 468610 |
| 217671 | &nbsp;&nbsp;Series 2006-29T1-2A23 (-4 x 1 mo. Term SOFR + 32.87%, 0.00% Floor, 33.37% Cap) | 14.15 %<sup>(h)</sup> | 10/25/2036 | 227027 |
| 1848436 | &nbsp;&nbsp;Series 2006-2CB-A9 | 6.00% | 03/25/2036 | 832196 |
| 2250750 | &nbsp;&nbsp;Series 2006-30T1-1A2 | 6.25% | 11/25/2036 | 1653236 |
| 1926275 | &nbsp;&nbsp;Series 2006-32CB-A1 (1 mo. Term SOFR + 0.78%, 0.67% Floor, 6.00% Cap) | 5.10% | 11/25/2036 | 885969 |
| 3213027 | &nbsp;&nbsp;Series 2006-32CB-A2 (-1 x 1 mo. Term SOFR + 5.22%, 0.00% Floor, 5.33% Cap) | 0.90 %<sup>(f)(h)</sup> | 11/25/2036 | 316247 |
| 7329685 | &nbsp;&nbsp;Series 2006-36T2-2A1 | 6.25% | 12/25/2036 | 3009006 |
| 591636 | &nbsp;&nbsp;Series 2006-36T2-2A4 | 6.25% | 12/25/2036 | 242880 |
| 686110 | &nbsp;&nbsp;Series 2006-39CB-1A10 | 6.00% | 01/25/2037 | 568353 |
| 13057046 | &nbsp;&nbsp;Series 2006-39CB-2A2 (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap) | 2.12 %<sup>(f)(h)</sup> | 01/25/2037 | 723039 |
| 4446540 | &nbsp;&nbsp;Series 2006-39CB-2A4 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap) | 4.88% | 01/25/2037 | 508416 |
| 1052307 | &nbsp;&nbsp;Series 2006-40T1-1A11 | 6.00% | 01/25/2037 | 624461 |
| 1791128 | &nbsp;&nbsp;Series 2006-40T1-1A4 (-1 x 1 mo. Term SOFR + 5.34%, 0.00% Floor, 5.45% Cap) | 1.02 %<sup>(f)(h)</sup> | 01/25/2037 | 178027 |
| 2651872 | &nbsp;&nbsp;Series 2006-41CB-1A10 | 6.00% | 01/25/2037 | 1326261 |
| 6485608 | &nbsp;&nbsp;Series 2006-41CB-1A15 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap) | 0.97 %<sup>(f)(h)</sup> | 01/25/2037 | 685166 |
| 6485608 | &nbsp;&nbsp;Series 2006-41CB-1A2 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 5.03% | 01/25/2037 | 2482094 |
| 2792478 | &nbsp;&nbsp;Series 2006-41CB-1A9 | 6.00% | 01/25/2037 | 1396581 |
| 3401448 | &nbsp;&nbsp;Series 2006-42-1A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 5.03% | 01/25/2047 | 1410545 |
| 3401448 | &nbsp;&nbsp;Series 2006-42-1A2 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap) | 0.97 %<sup>(f)(h)</sup> | 01/25/2047 | 318108 |
| 2265187 | &nbsp;&nbsp;Series 2006-42-1A3 | 6.00% | 01/25/2047 | 1158072 |
| 2567211 | &nbsp;&nbsp;Series 2006-43CB-1A12 | 5.75% | 02/25/2037 | 1259254 |
| 8882199 | &nbsp;&nbsp;Series 2006-43CB-1A6 | 6.00% | 02/25/2037 | 4520613 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 9706994 | &nbsp;&nbsp;Series 2006-45T1-1A1 (1 mo. Term SOFR + 0.61%, 6.00% Floor, 6.00% Cap) | 6.00% | 02/25/2037 | 3531798 |
| 3131288 | &nbsp;&nbsp;Series 2006-45T1-1A4 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 5.03% | 02/25/2037 | 871589 |
| 3131288 | &nbsp;&nbsp;Series 2006-45T1-1A5 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap) | 0.97 %<sup>(f)(h)</sup> | 02/25/2037 | 233101 |
| 1348742 | &nbsp;&nbsp;Series 2006-45T1-2A2 | 6.00% | 02/25/2037 | 728163 |
| 5160663 | &nbsp;&nbsp;Series 2006-4CB-1A1 | 6.00% | 04/25/2036 | 2407522 |
| 529018 | &nbsp;&nbsp;Series 2006-6CB-1A4Pool 0066CB | 5.50% | 05/25/2036 | 431928 |
| 3996515 | &nbsp;&nbsp;Series 2006-7CB-1A14 | 6.00% | 05/25/2036 | 2052150 |
| 6969201 | &nbsp;&nbsp;Series 2006-7CB-1A16 | 6.00% | 05/25/2036 | 3578579 |
| 2135363 | &nbsp;&nbsp;Series 2006-7CB-1A6 | 6.00% | 05/25/2036 | 1110683 |
| 2162720 | &nbsp;&nbsp;Series 2006-7CB-1A9 | 6.00% | 05/25/2036 | 1110524 |
| 798706 | &nbsp;&nbsp;Series 2006-9T1-A11 | 6.00% | 05/25/2036 | 313570 |
| 1645121 | &nbsp;&nbsp;Series 2006-J1-1A10 | 5.50% | 02/25/2036 | 1116519 |
| 3337888 | &nbsp;&nbsp;Series 2006-J1-1A3 | 5.50% | 02/25/2036 | 2265375 |
| 758917 | &nbsp;&nbsp;Series 2006-J4-2A2 | 6.00% | 07/25/2036 | 434471 |
| 1017174 | &nbsp;&nbsp;Series 2006-J7-1A1 | 6.25% | 11/25/2036 | 478754 |
| 24908492 | &nbsp;&nbsp;Series 2006-OA21-A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62% | 03/20/2047 | 21415990 |
| 2070465 | &nbsp;&nbsp;Series 2006-OA7-1A2 (12 Month US Treasury Average + 0.94%, 0.94% Floor) | 5.34% | 06/25/2046 | 2032566 |
| 581386 | &nbsp;&nbsp;Series 2007-11T1-A24 (-6 x 1 mo. Term SOFR + 39.21%, 0.00% Floor, 39.90% Cap) | 13.30 %<sup>(h)</sup> | 05/25/2037 | 515806 |
| 9073402 | &nbsp;&nbsp;Series 2007-12T1-A11 | 6.00% | 06/25/2037 | 4036345 |
| 8072434 | &nbsp;&nbsp;Series 2007-15CB-A1 | 6.00% | 07/25/2037 | 6649424 |
| 4815857 | &nbsp;&nbsp;Series 2007-15CB-A2 | 5.75% | 07/25/2037 | 2761177 |
| 5777284 | &nbsp;&nbsp;Series 2007-15CB-A5 | 5.75% | 07/25/2037 | 3312413 |
| 7143723 | &nbsp;&nbsp;Series 2007-16CB-2A1 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap) | 4.88% | 08/25/2037 | 2306586 |
| 2068644 | &nbsp;&nbsp;Series 2007-16CB-2A2 (-8 x 1 mo. Term SOFR + 53.63%, 0.00% Floor, 54.58% Cap) | 17.64 %<sup>(h)</sup> | 08/25/2037 | 2633415 |
| 2318854 | &nbsp;&nbsp;Series 2007-16CB-4A7 | 6.00% | 08/25/2037 | 1697392 |
| 4636182 | &nbsp;&nbsp;Series 2007-17CB-1A10 (-5 x 1 mo. Term SOFR + 29.37%, 0.00% Floor, 29.90% Cap) | 9.51 %<sup>(h)</sup> | 08/25/2037 | 3927291 |
| 672206 | &nbsp;&nbsp;Series 2007-18CB-2A25 | 6.00% | 08/25/2037 | 396289 |
| 580132 | &nbsp;&nbsp;Series 2007-19-1A10 (-6 x 1 mo. Term SOFR + 38.31%, 0.00% Floor, 39.00% Cap) | 12.40 %<sup>(h)</sup> | 08/25/2037 | 625718 |
| 10397670 | &nbsp;&nbsp;Series 2007-19-1A34 | 6.00% | 08/25/2037 | 4836984 |
| 8526696 | &nbsp;&nbsp;Series 2007-19-1A4 | 6.00% | 08/25/2037 | 3966609 |
| 26890368 | &nbsp;&nbsp;Series 2007-19-2A1 | 6.50% | 08/25/2037 | 11342914 |
| 2634593 | &nbsp;&nbsp;Series 2007-21CB-2A2 (-4 x 1 mo. Term SOFR + 27.94%, 0.00% Floor, 28.40% Cap) | 10.67 %<sup>(h)</sup> | 09/25/2037 | 2124499 |
| 17436021 | &nbsp;&nbsp;Series 2007-22-2A16 | 6.50% | 09/25/2037 | 6149372 |
| 6571110 | &nbsp;&nbsp;Series 2007-23CB-A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap) | 4.93% | 09/25/2037 | 2352781 |
| 9325768 | &nbsp;&nbsp;Series 2007-23CB-A4 (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap) | 2.07 %<sup>(f)(h)</sup> | 09/25/2037 | 1438422 |
| 957658 | &nbsp;&nbsp;Series 2007-24-A2 (-6 x 1 mo. Term SOFR + 41.01%, 0.00% Floor, 41.70% Cap) | 15.10 %<sup>(h)</sup> | 10/25/2037 | 789615 |
| 1914910 | &nbsp;&nbsp;Series 2007-24-A3 (-1 x 1 mo. Term SOFR + 6.84%, 0.00% Floor, 6.95% Cap) | 2.52 %<sup>(f)(h)</sup> | 10/25/2037 | 261349 |
| 3141414 | &nbsp;&nbsp;Series 2007-24-A4 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 7.00% Cap) | 5.13% | 10/25/2037 | 684898 |
| 4154794 | &nbsp;&nbsp;Series 2007-24-A6 (1 mo. Term SOFR + 1.11%, 1.00% Floor, 7.00% Cap) | 5.43% | 10/25/2037 | 969978 |
| 2979903 | &nbsp;&nbsp;Series 2007-2CB-1A4 (1 mo. Term SOFR + 1.11%, 5.75% Floor, 100.00% Cap) | 5.75% | 03/25/2037 | 1543617 |
| 3382761 | &nbsp;&nbsp;Series 2007-5CB-1A18 (-1 x 1 mo. Term SOFR + 5.54%, 0.00% Floor, 5.65% Cap) | 1.22 %<sup>(f)(h)</sup> | 04/25/2037 | 399740 |
| 3382761 | &nbsp;&nbsp;Series 2007-5CB-1A23 (1 mo. Term SOFR + 0.66%, 0.55% Floor, 6.00% Cap) | 4.98% | 04/25/2037 | 1352657 |
| 13473468 | &nbsp;&nbsp;Series 2007-5CB-1A31 | 5.50% | 04/25/2037 | 6219785 |
| 5708262 | &nbsp;&nbsp;Series 2007-5CB-2A1 | 6.00% | 04/25/2037 | 2600336 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 4465358 | &nbsp;&nbsp;Series 2007-6-A1 | 5.75% | 04/25/2047 | 2310739 |
| 4896301 | &nbsp;&nbsp;Series 2007-6-A4 | 5.75% | 04/25/2047 | 2533744 |
| 1307653 | &nbsp;&nbsp;Series 2007-7T2-A8 | 6.00% | 04/25/2037 | 584049 |
| 222011 | &nbsp;&nbsp;Series 2007-8CB-A12 (-6 x 1 mo. Term SOFR + 39.51%, 0.00% Floor, 40.20% Cap) | 13.60 %<sup>(h)</sup> | 05/25/2037 | 279867 |
| 236993 | &nbsp;&nbsp;Series 2007-8CB-A8 (-6 x 1 mo. Term SOFR + 39.39%, 0.00% Floor, 40.08% Cap) | 13.48 %<sup>(h)</sup> | 05/25/2037 | 296784 |
| 385648 | &nbsp;&nbsp;Series 2007-9T1-1A4 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap) | 4.93% | 05/25/2037 | 134881 |
| 385648 | &nbsp;&nbsp;Series 2007-9T1-1A5 (-1 x 1 mo. Term SOFR + 5.39%, 0.00% Floor, 5.50% Cap) | 1.07 %<sup>(f)(h)</sup> | 05/25/2037 | 35211 |
| 1424562 | &nbsp;&nbsp;Series 2007-9T1-2A1 | 6.00% | 05/25/2037 | 608412 |
| 15549114 | &nbsp;&nbsp;Series 2007-HY2-1A | 5.04 %<sup>(b)</sup> | 03/25/2047 | 14821644 |
| 12303808 | &nbsp;&nbsp;Series 2007-HY4-4A1 | 4.40 %<sup>(b)</sup> | 06/25/2037 | 11723062 |
|  | Countrywide Asset-Backed Certificates |  |  |  |
| 17544000 | &nbsp;&nbsp;Series 2005-11-MF1 | 5.35 %<sup>(b)</sup> | 02/25/2036 | 15145198 |
| 16738044 | &nbsp;&nbsp;Series 2006-25-1A (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 06/25/2047 | 15756266 |
| 4707276 | &nbsp;&nbsp;Series 2006-26-1A (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 06/25/2037 | 4490942 |
| 21083243 | &nbsp;&nbsp;Series 2007-4-A5 | 4.39 %<sup>(d)</sup> | 04/25/2047 | 15919251 |
| 8404058 | &nbsp;&nbsp;Series 2007-BC1-1A (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 05/25/2037 | 7984530 |
|  | Countrywide Home Loan Mortgage Pass Through Trust |  |  |  |
| 332011 | &nbsp;&nbsp;Series 2003-60-4A1 | 6.77 %<sup>(b)</sup> | 02/25/2034 | 331920 |
| 520928 | &nbsp;&nbsp;Series 2004-R2-1AF1 (1 mo. Term SOFR + 0.53%, 0.42% Floor, 9.50% Cap) | 4.86 %<sup>(a)</sup> | 11/25/2034 | 495603 |
| 506862 | &nbsp;&nbsp;Series 2004-R2-1AS | 1.63 %<sup>(a)(b)(f)</sup> | 11/25/2034 | 26045 |
| 11329220 | &nbsp;&nbsp;Series 2005-17-2A1 | 5.50% | 09/25/2035 | 4963676 |
| 2104246 | &nbsp;&nbsp;Series 2005-18-A1 | 5.50% | 10/25/2035 | 1051193 |
| 1779660 | &nbsp;&nbsp;Series 2005-20-A5 | 5.50% | 10/25/2035 | 1065397 |
| 1303216 | &nbsp;&nbsp;Series 2005-20-A8 | 5.25% | 10/25/2035 | 776323 |
| 5633111 | &nbsp;&nbsp;Series 2005-23-A1 | 5.50% | 11/25/2035 | 2992676 |
| 1278969 | &nbsp;&nbsp;Series 2005-24-A8 | 5.50% | 11/25/2035 | 660094 |
| 1884825 | &nbsp;&nbsp;Series 2005-26-1A12 | 5.50% | 11/25/2035 | 1131976 |
| 428027 | &nbsp;&nbsp;Series 2005-27-2A1 | 5.50% | 12/25/2035 | 163695 |
| 727165 | &nbsp;&nbsp;Series 2005-28-A7 | 5.25% | 11/01/2035 | 374279 |
| 5410885 | &nbsp;&nbsp;Series 2005-HYB1-4A1 | 4.93 %<sup>(b)</sup> | 03/25/2035 | 5108437 |
| 38432 | &nbsp;&nbsp;Series 2005-HYB8-1A1 | 5.43 %<sup>(b)</sup> | 12/20/2035 | 38244 |
| 5570242 | &nbsp;&nbsp;Series 2005-HYB8-4A1 | 4.64 %<sup>(b)</sup> | 12/20/2035 | 4964891 |
| 497009 | &nbsp;&nbsp;Series 2005-J3-2A4 | 4.50% | 09/25/2035 | 437367 |
| 580654 | &nbsp;&nbsp;Series 2005-J4-A5 | 5.50% | 11/25/2035 | 483536 |
| 157059 | &nbsp;&nbsp;Series 2005-R1-1AF1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 9.50% Cap) | 4.79 %<sup>(a)</sup> | 03/25/2035 | 151854 |
| 156453 | &nbsp;&nbsp;Series 2005-R1-1AS | 1.74 %<sup>(a)(b)(f)</sup> | 03/25/2035 | 7706 |
| 6227434 | &nbsp;&nbsp;Series 2006-1-A2 | 6.00% | 03/25/2036 | 3126168 |
| 4174649 | &nbsp;&nbsp;Series 2006-14-A5 | 6.25% | 09/25/2036 | 1639247 |
| 2977841 | &nbsp;&nbsp;Series 2006-16-2A1 | 6.50% | 11/25/2036 | 872636 |
| 1254352 | &nbsp;&nbsp;Series 2006-20-1A21 | 6.00% | 02/25/2037 | 568226 |
| 14295442 | &nbsp;&nbsp;Series 2006-8-1A3 | 6.00% | 05/25/2036 | 8492726 |
| 164294 | &nbsp;&nbsp;Series 2006-J3-A4 | 5.50% | 05/25/2036 | 167346 |
| 3814312 | &nbsp;&nbsp;Series 2007-10-A7 | 6.00% | 07/25/2037 | 1665742 |
| 13079546 | &nbsp;&nbsp;Series 2007-11-A1 | 6.00% | 08/25/2037 | 5593691 |
| 6205795 | &nbsp;&nbsp;Series 2007-12-A9 | 5.75% | 08/25/2037 | 3057100 |
| 2775003 | &nbsp;&nbsp;Series 2007-13-A1 | 6.00% | 08/25/2037 | 1252988 |
| 4546996 | &nbsp;&nbsp;Series 2007-13-A10 | 6.00% | 08/25/2037 | 2053090 |
| 3087636 | &nbsp;&nbsp;Series 2007-15-1A1 | 6.25% | 09/25/2037 | 1845366 |
| 431272 | &nbsp;&nbsp;Series 2007-15-1A16 | 6.25% | 09/25/2037 | 257755 |
| 1242421 | &nbsp;&nbsp;Series 2007-15-1A2 | 6.25% | 09/25/2037 | 742232 |
| 1517233 | &nbsp;&nbsp;Series 2007-15-1A29 | 6.25% | 09/25/2037 | 906756 |
| 2420353 | &nbsp;&nbsp;Series 2007-17-1A2 | 6.00% | 10/25/2037 | 1668491 |
| 317649 | &nbsp;&nbsp;Series 2007-18-1A1 | 6.00% | 11/25/2037 | 137126 |
| 1299257 | &nbsp;&nbsp;Series 2007-2-A2 | 6.00% | 03/25/2037 | 550472 |
| 35118039 | &nbsp;&nbsp;Series 2007-21-1A1 | 6.25% | 02/25/2038 | 15469465 |
| 3509800 | &nbsp;&nbsp;Series 2007-3-A1 | 6.00% | 04/25/2037 | 1611240 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1351748 | &nbsp;&nbsp;Series 2007-3-A12 | 6.00% | 04/25/2037 | 620545 |
| 3100779 | &nbsp;&nbsp;Series 2007-4-1A39 | 6.00% | 05/25/2037 | 1342338 |
| 1062732 | &nbsp;&nbsp;Series 2007-5-A2 | 5.75% | 05/25/2037 | 503242 |
| 4102838 | &nbsp;&nbsp;Series 2007-7-A1 | 6.00% | 06/25/2037 | 1965829 |
| 1843870 | &nbsp;&nbsp;Series 2007-7-A11 | 5.50% | 06/25/2037 | 812573 |
| 1229891 | &nbsp;&nbsp;Series 2007-7-A2 | 5.75% | 06/25/2037 | 565644 |
| 4281217 | &nbsp;&nbsp;Series 2007-8-1A4 | 6.00% | 01/25/2038 | 1803993 |
| 2246767 | &nbsp;&nbsp;Series 2007-8-1A5 | 5.44% | 01/25/2038 | 879593 |
| 3641523 | &nbsp;&nbsp;Series 2007-8-1A8 | 6.00% | 01/25/2038 | 1534443 |
| 5216520 | &nbsp;&nbsp;Series 2007-8-1A9 (1 mo. Term SOFR + 6.00%, 4.00% Floor, 6.00% Cap) | 6.00% | 01/25/2038 | 2174587 |
| 5128086 | &nbsp;&nbsp;Series 2007-9-A1 | 5.75% | 07/25/2037 | 2411575 |
| 674896 | &nbsp;&nbsp;Series 2007-9-A11 | 5.75% | 07/25/2037 | 317382 |
| 2823768 | &nbsp;&nbsp;Series 2007-HY1-1A1 | 4.74 %<sup>(b)</sup> | 04/25/2037 | 2646016 |
| 7478281 | &nbsp;&nbsp;Series 2007-HYB1-2A1 | 4.08 %<sup>(b)</sup> | 03/25/2037 | 6368497 |
| 390586 | &nbsp;&nbsp;Series 2007-J3-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap) | 4.93% | 07/25/2037 | 125192 |
| 1952930 | &nbsp;&nbsp;Series 2007-J3-A2 (-1 x 1 mo. Term SOFR + 5.39%, 0.00% Floor, 5.50% Cap) | 1.07 %<sup>(f)(h)</sup> | 07/25/2037 | 175931 |
|  | Credit Suisse First Boston Mortgage Securities Corp. |  |  |  |
| 1622277 | &nbsp;&nbsp;Series 2005-10-5A4 | 5.50% | 11/25/2035 | 1163696 |
| 341539 | &nbsp;&nbsp;Series 2005-10-5A5 | 5.50% | 11/25/2035 | 245227 |
|  | Credit Suisse Management LLC |  |  |  |
| 3507145 | &nbsp;&nbsp;Series 2005-11-2A1 | 6.00% | 12/25/2035 | 2346840 |
| 4661757 | &nbsp;&nbsp;Series 2005-12-5A1 | 5.25% | 01/25/2036 | 4067774 |
| 9680346 | &nbsp;&nbsp;Series 2005-12-7A1 | 7.00% | 01/25/2036 | 1600031 |
| 2301691 | &nbsp;&nbsp;Series 2005-8-3A10 | 5.50% | 09/25/2035 | 1780303 |
| 3360747 | &nbsp;&nbsp;Series 2005-8-7A1 | 7.00% | 09/25/2035 | 1373287 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 721090 | &nbsp;&nbsp;Series 2005-1R-2A5 | 5.75 %<sup>(a)</sup> | 12/26/2035 | 492248 |
| 11358075 | &nbsp;&nbsp;Series 2006-1-2A1 | 6.00% | 02/25/2036 | 3043878 |
| 2225306 | &nbsp;&nbsp;Series 2006-2-5A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 6.00% Cap) | 5.13% | 03/25/2036 | 693872 |
| 12438440 | &nbsp;&nbsp;Series 2006-2-5A2 (-1 x 1 mo. Term SOFR + 5.19%, 0.00% Floor, 5.30% Cap) | 0.87 %<sup>(f)(h)</sup> | 03/25/2036 | 955897 |
| 2590910 | &nbsp;&nbsp;Series 2006-2-5A3 | 6.25% | 03/25/2036 | 1024573 |
| 7012038 | &nbsp;&nbsp;Series 2006-2-5A4 | 6.00% | 03/25/2036 | 2664421 |
| 828742 | &nbsp;&nbsp;Series 2006-3-4A3 | 5.50% | 04/25/2036 | 538426 |
| 500996 | &nbsp;&nbsp;Series 2006-3-4A4 | 5.50% | 04/25/2036 | 325492 |
| 2392458 | &nbsp;&nbsp;Series 2006-4-1A8 (1 mo. Term SOFR + 1.11%, 6.00% Floor, 6.00% Cap) | 6.00% | 05/25/2036 | 1256583 |
| 20338667 | &nbsp;&nbsp;Series 2006-4-4A1 | 7.00% | 05/25/2036 | 5220834 |
| 7094686 | &nbsp;&nbsp;Series 2006-4-6A1 | 6.00% | 05/25/2036 | 2479896 |
| 6595672 | &nbsp;&nbsp;Series 2006-6-1A4 | 6.00% | 07/25/2036 | 3043640 |
| 10035754 | &nbsp;&nbsp;Series 2006-6-3A1 | 7.00% | 07/25/2036 | 2162408 |
| 109972 | &nbsp;&nbsp;Series 2006-7-3A11 | 6.00% | 08/25/2036 | 38231 |
| 1428783 | &nbsp;&nbsp;Series 2006-7-7A5 | 6.00% | 08/25/2036 | 1084589 |
| 1573134 | &nbsp;&nbsp;Series 2006-9-2A1 | 5.50% | 11/25/2036 | 1478705 |
| 7143224 | &nbsp;&nbsp;Series 2006-9-3A1 | 6.00% | 11/25/2036 | 6272972 |
| 2931937 | &nbsp;&nbsp;Series 2006-9-4A1 | 6.00% | 11/25/2036 | 1641635 |
| 1352942 | &nbsp;&nbsp;Series 2006-9-6A14 | 6.00% | 11/25/2036 | 958533 |
| 219802 | &nbsp;&nbsp;Series 2006-9-6A15 (-6 x 1 mo. Term SOFR + 39.21%, 0.00% Floor, 39.90% Cap) | 13.26 %<sup>(h)</sup> | 11/25/2036 | 255648 |
| 8057756 | &nbsp;&nbsp;Series 2007-1-1A4 | 6.13 %<sup>(b)</sup> | 02/25/2037 | 1909763 |
| 5498577 | &nbsp;&nbsp;Series 2007-1-3A1 | 6.00% | 02/25/2026 | 633912 |
| 20062 | &nbsp;&nbsp;Series 2007-2-2A1 | 5.00% | 03/25/2037 | 14540 |
| 1954256 | &nbsp;&nbsp;Series 2007-5-2A5 | 5.00% | 08/25/2037 | 1718812 |
| 19063009 | &nbsp;&nbsp;Series 2007-5-3A19 | 6.00% | 08/25/2037 | 14914412 |
| 8386919 | &nbsp;&nbsp;Series 2007-5-3A9 | 6.00% | 08/25/2037 | 6562017 |
| 1998442 | &nbsp;&nbsp;Series 2008-2R-1A1 | 6.00 %<sup>(a)</sup> | 07/25/2037 | 1713382 |
| 8270846 | &nbsp;&nbsp;Series 2009-11R-4A1 | 7.00 %<sup>(a)(b)</sup> | 09/26/2037 | 2153091 |
| 5752506 | &nbsp;&nbsp;Series 2009-12R-5A1 | 6.00 %<sup>(a)</sup> | 06/27/2036 | 2872354 |
| 1229195 | &nbsp;&nbsp;Series 2010-13R-1A2 | 5.50 %<sup>(a)(b)</sup> | 12/26/2035 | 1076273 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 13118763 | &nbsp;&nbsp;Series 2010-17R-6A1 | 4.00 %<sup>(a)(b)</sup> | 06/26/2037 | 12742620 |
| 5000257 | &nbsp;&nbsp;Series 2010-4R-3A17 | 6.00 %<sup>(a)(b)</sup> | 06/26/2037 | 4549194 |
| 2468749 | &nbsp;&nbsp;Series 2010-4R-8A17 | 6.00 %<sup>(a)(b)</sup> | 06/26/2037 | 2246048 |
| 8205275 | &nbsp;&nbsp;Series 2010-7R-1A17 | 6.00 %<sup>(a)(b)</sup> | 01/26/2037 | 4543276 |
| 6445204 | &nbsp;&nbsp;Series 2012-10R-4A2 | 4.71 %<sup>(a)(b)</sup> | 08/26/2046 | 4387260 |
| 7497624 | &nbsp;&nbsp;Series 2013-9R-A1 | 3.00 %<sup>(a)(b)</sup> | 05/27/2043 | 6730744 |
| 62433137 | &nbsp;&nbsp;Series 2017-RPL2-PT | 0.00 %<sup>(a)(b)</sup> | 02/25/2056 | 47219175 |
| 156043374 | &nbsp;&nbsp;Series 2019-RPL6-PT1 | 4.18 %<sup>(a)(b)</sup> | 11/25/2058 | 133625715 |
| 4227000 | &nbsp;&nbsp;Series 2020-AFC1-B1 | 3.45 %<sup>(a)(b)</sup> | 02/25/2050 | 3280870 |
| 155341843 | &nbsp;&nbsp;Series 2020-RPL1-PT1 | 3.30 %<sup>(a)(b)</sup> | 10/25/2069 | 125745136 |
| 7469850 | &nbsp;&nbsp;Series 2021-NQM1-B1 | 2.83 %<sup>(a)(b)</sup> | 05/25/2065 | 5597941 |
| 6225825 | &nbsp;&nbsp;Series 2021-NQM5-M1 | 2.17 %<sup>(a)(b)</sup> | 05/25/2066 | 4252173 |
| 3180040 | &nbsp;&nbsp;Series 2021-NQM6-B1 | 3.29 %<sup>(a)(b)</sup> | 07/25/2066 | 2213260 |
| 7445317 | &nbsp;&nbsp;Series 2021-NQM6-M1 | 2.58 %<sup>(a)(b)</sup> | 07/25/2066 | 5158298 |
| 24004278 | &nbsp;&nbsp;Series 2021-RPL9-A1 | 3.78 %<sup>(a)(b)</sup> | 02/25/2061 | 23790054 |
|  | Credit-Based Asset Servicing and Securitization LLC |  |  |  |
| 6858475 | &nbsp;&nbsp;Series 2006-CB4-AV3 (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 3.08% | 05/25/2036 | 4634024 |
|  | CSAB Mortgage Backed Trust |  |  |  |
| 3787235 | &nbsp;&nbsp;Series 2006-3-A4B | 6.61 %<sup>(d)</sup> | 11/25/2036 | 515486 |
| 2144692 | &nbsp;&nbsp;Series 2006-4-A6A | 6.18 %<sup>(d)</sup> | 12/25/2036 | 335063 |
| 7725668 | &nbsp;&nbsp;Series 2007-1-1A1A | 5.90 %<sup>(b)</sup> | 05/25/2037 | 1709374 |
|  | CSMCM Trust |  |  |  |
| 6627813 | &nbsp;&nbsp;Series 2019-RPL6-CERT | 0.00 %<sup>(a)(b)</sup> | 11/25/2058 | 5312157 |
| 8176174 | &nbsp;&nbsp;Series 2020-RPL1-CERT | 3.23 %<sup>(a)(b)</sup> | 01/25/2046 | 6294391 |
|  | DB US Financial Markets Holding Corp. |  |  |  |
| 3299086 | &nbsp;&nbsp;Series 2014-RS1-3A2 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 7.00% Cap) | 4.84 %<sup>(a)</sup> | 10/27/2036 | 2513814 |
|  | Deutsche ALT-A Securities, Inc. |  |  |  |
| 6360437 | &nbsp;&nbsp;Series 2005-4-A5 | 5.50 %<sup>(b)</sup> | 09/25/2035 | 5748557 |
| 139879 | &nbsp;&nbsp;Series 2005-5-1A6 (-7 x 1 mo. Term SOFR + 35.09%, 0.00% Floor, 35.93% Cap) | 3.42 %<sup>(h)</sup> | 11/25/2035 | 250962 |
| 447363 | &nbsp;&nbsp;Series 2005-5-2A1 (1 mo. Term SOFR + 0.31%, 0.20% Floor, 5.50% Cap) | 4.63% | 11/25/2035 | 171361 |
| 1350189 | &nbsp;&nbsp;Series 2005-5-2A2 (-1 x 1 mo. Term SOFR + 5.19%, 0.00% Floor, 5.30% Cap) | 0.87 %<sup>(f)(h)</sup> | 11/25/2035 | 74296 |
| 4141125 | &nbsp;&nbsp;Series 2005-6-2A1 | 5.50% | 12/25/2035 | 3485708 |
| 2454984 | &nbsp;&nbsp;Series 2006-AB1-A1C | 5.67 %<sup>(b)</sup> | 02/25/2036 | 2248127 |
| 330873 | &nbsp;&nbsp;Series 2006-AB2-A2 | 4.68 %<sup>(b)</sup> | 06/25/2036 | 305360 |
| 581081 | &nbsp;&nbsp;Series 2006-AB4-A1A | 6.01 %<sup>(b)</sup> | 10/25/2036 | 508036 |
| 8114311 | &nbsp;&nbsp;Series 2006-AB4-A2 | 5.65 %<sup>(b)</sup> | 10/25/2036 | 7096366 |
| 578047 | &nbsp;&nbsp;Series 2006-AB4-A3 | 5.90 %<sup>(b)</sup> | 10/25/2036 | 505428 |
| 840380 | &nbsp;&nbsp;Series 2006-AB4-A3A1 | 5.90 %<sup>(b)</sup> | 10/25/2036 | 734054 |
| 1655712 | &nbsp;&nbsp;Series 2006-AB4-A6A1 | 6.37 %<sup>(d)</sup> | 10/25/2036 | 1444981 |
| 11050075 | &nbsp;&nbsp;Series 2007-2-2A1 (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73% | 09/25/2047 | 9490898 |
| 13705638 | &nbsp;&nbsp;Series 2007-OA3-A2 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 07/25/2047 | 11656906 |
|  | Deutsche Mortgage Securities, Inc. |  |  |  |
| 3618606 | &nbsp;&nbsp;Series 2006-PR1-3A1 | 5.93 %<sup>(a)(h)</sup> | 04/15/2036 | 3331245 |
| 595952 | &nbsp;&nbsp;Series 2006-PR1-4AI1 | 5.91 %<sup>(a)(h)</sup> | 04/15/2036 | 569682 |
| 971826 | &nbsp;&nbsp;Series 2006-PR1-4AI2 | 6.15 %<sup>(a)(h)</sup> | 04/15/2036 | 942090 |
| 229778 | &nbsp;&nbsp;Series 2006-PR1-5AI1 | 6.07 %<sup>(a)(h)</sup> | 04/15/2036 | 229332 |
| 2023033 | &nbsp;&nbsp;Series 2006-PR1-5AI3 | 6.37 %<sup>(a)(h)</sup> | 04/15/2036 | 1929122 |
| 33515256 | &nbsp;&nbsp;Series 2006-PR1-5AI4 | 5.93 %<sup>(a)(h)</sup> | 04/15/2036 | 31865695 |
|  | Equifirst Loan Securitization Trust |  |  |  |
| 7735733 | &nbsp;&nbsp;Series 2007-1-A2B (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62% | 04/25/2037 | 7173018 |
|  | Fannie Mae Connecticut Avenue Securities |  |  |  |
| 16000000 | &nbsp;&nbsp;Series 2025-R04-1M2 (30 day avg SOFR US + 1.50%, 0.00% Floor) | 5.81 %<sup>(a)</sup> | 05/25/2045 | 16041142 |
|  | FBR Securitization Trust |  |  |  |
| 22750000 | &nbsp;&nbsp;Series 2005-2-M4 (1 mo. Term SOFR + 1.04%, 0.93% Floor, 14.00% Cap) | 5.36% | 09/25/2035 | 20272980 |
| 5500000 | &nbsp;&nbsp;Series 2005-5-M3 (1 mo. Term SOFR + 0.85%, 0.74% Floor, 14.00% Cap) | 5.17% | 11/25/2035 | 5210368 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Fieldstone Mortgage Investment Corp. |  |  |  |
| 2855138 | &nbsp;&nbsp;Series 2007-1-2A2 (1 mo. Term SOFR + 0.38%, 0.27% Floor, 12.25% Cap) | 4.98% | 04/25/2047 | 2155617 |
|  | Figure line of credit trust |  |  |  |
| 11990029 | &nbsp;&nbsp;Series 2020-1-A | 4.04 %<sup>(a)(b)</sup> | 09/25/2049 | 11625072 |
|  | First Franklin Mortgage Loan Asset Backed Certificates |  |  |  |
| 7487702 | &nbsp;&nbsp;Series 2006-FF8-M1 (1 mo. Term SOFR + 0.49%, 0.38% Floor) | 4.81% | 07/25/2036 | 6374413 |
| 4000000 | &nbsp;&nbsp;Series 2006-FF9-2A4 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 06/25/2036 | 3684488 |
| 16515779 | &nbsp;&nbsp;Series 2007-FF2-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 03/25/2037 | 8572487 |
| 19693423 | &nbsp;&nbsp;Series 2007-FF2-A2C (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73% | 03/25/2037 | 9328670 |
|  | First Horizon Alternative Mortgage Securities |  |  |  |
| 2505937 | &nbsp;&nbsp;Series 2005-AA4-1A1 | 4.87 %<sup>(b)</sup> | 05/25/2035 | 1092993 |
| 3167087 | &nbsp;&nbsp;Series 2005-FA8-1A4 | 5.50% | 11/25/2035 | 1449741 |
| 234998 | &nbsp;&nbsp;Series 2005-FA8-2A1 | 5.00% | 02/25/2037 | 230418 |
| 843462 | &nbsp;&nbsp;Series 2006-AA3-A1 | 5.14 %<sup>(b)</sup> | 06/25/2036 | 672764 |
| 1779518 | &nbsp;&nbsp;Series 2006-FA1-1A12 | 6.00% | 04/25/2036 | 725799 |
| 5971391 | &nbsp;&nbsp;Series 2006-FA1-1A3 | 5.75% | 04/25/2036 | 2336174 |
| 1183306 | &nbsp;&nbsp;Series 2006-FA2-1A5 | 6.00% | 05/25/2036 | 458403 |
| 1860762 | &nbsp;&nbsp;Series 2006-FA8-1A5 | 6.00% | 02/25/2037 | 680103 |
| 2546062 | &nbsp;&nbsp;Series 2006-RE1-A1 | 5.50 %<sup>(b)</sup> | 05/25/2035 | 1617552 |
| 10087159 | &nbsp;&nbsp;Series 2007-FA3-A3 | 6.00% | 06/25/2037 | 3100504 |
| 519036 | &nbsp;&nbsp;Series 2007-FA3-A4 | 6.00% | 06/25/2037 | 159537 |
| 579855 | &nbsp;&nbsp;Series 2007-FA4-1A13 | 6.25% | 08/25/2037 | 200539 |
| 1790057 | &nbsp;&nbsp;Series 2007-FA4-1A4 | 6.25% | 08/25/2037 | 619080 |
| 1017756 | &nbsp;&nbsp;Series 2007-FA4-1A5 | 6.25% | 08/25/2037 | 351985 |
|  | First Horizon Asset Securities, Inc. |  |  |  |
| 863883 | &nbsp;&nbsp;Series 2006-1-1A2 | 6.00% | 05/25/2036 | 316796 |
| 1532553 | &nbsp;&nbsp;Series 2007-4-1A1 | 6.00% | 08/25/2037 | 557771 |
|  | FirstKey Homes Trust |  |  |  |
| 9000000 | &nbsp;&nbsp;Series 2020-SFR1-E | 2.79 %<sup>(a)</sup> | 08/17/2037 | 8938219 |
| 18000000 | &nbsp;&nbsp;Series 2020-SFR2-D | 1.97 %<sup>(a)</sup> | 10/19/2037 | 17753351 |
| 26225000 | &nbsp;&nbsp;Series 2020-SFR2-E | 2.67 %<sup>(a)</sup> | 10/19/2037 | 25929541 |
| 16350000 | &nbsp;&nbsp;Series 2021-SFR1-E1 | 2.39 %<sup>(a)</sup> | 08/17/2038 | 15788315 |
| 11500000 | &nbsp;&nbsp;Series 2021-SFR1-E2 | 2.49 %<sup>(a)</sup> | 08/17/2038 | 11105227 |
| 8000000 | &nbsp;&nbsp;Series 2021-SFR2-D | 2.06 %<sup>(a)</sup> | 09/17/2038 | 7669432 |
| 8000000 | &nbsp;&nbsp;Series 2021-SFR2-E1 | 2.26 %<sup>(a)</sup> | 09/17/2038 | 7683094 |
| 8000000 | &nbsp;&nbsp;Series 2021-SFR2-E2 | 2.36 %<sup>(a)</sup> | 09/17/2038 | 7683214 |
| 34891000 | &nbsp;&nbsp;Series 2021-SFR3-B | 2.44 %<sup>(a)</sup> | 12/17/2038 | 33902622 |
| 29584000 | &nbsp;&nbsp;Series 2021-SFR3-C | 2.54 %<sup>(a)</sup> | 12/17/2038 | 28707181 |
| 22626000 | &nbsp;&nbsp;Series 2021-SFR3-D | 2.79 %<sup>(a)</sup> | 12/17/2038 | 21860074 |
| 45314000 | &nbsp;&nbsp;Series 2021-SFR3-E1 | 2.99 %<sup>(a)</sup> | 12/17/2038 | 43551598 |
| 25293000 | &nbsp;&nbsp;Series 2021-SFR3-E2 | 3.08 %<sup>(a)</sup> | 12/17/2038 | 24310175 |
| 10174000 | &nbsp;&nbsp;Series 2021-SFR3-F1 | 3.58 %<sup>(a)</sup> | 12/17/2038 | 9794255 |
|  | Freddie Mac Structured Agency Credit Risk Debt Notes |  |  |  |
| 75600000 | &nbsp;&nbsp;Series 2022-DNA3-M1B (30 day avg SOFR US + 2.90%, 0.00% Floor) | 7.21 %<sup>(a)</sup> | 04/25/2042 | 77925169 |
| 2046469 | &nbsp;&nbsp;Series 2024-DNA3-M1 (30 day avg SOFR US + 1.00%, 0.00% Floor) | 5.31 %<sup>(a)</sup> | 10/25/2044 | 2046455 |
| 25686725 | &nbsp;&nbsp;Series 2024-HQA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor) | 5.51 %<sup>(a)</sup> | 08/25/2044 | 25705042 |
| 23000000 | &nbsp;&nbsp;Series 2024-HQA2-M2 (30 day avg SOFR US + 1.80%, 0.00% Floor) | 6.11 %<sup>(a)</sup> | 08/25/2044 | 23095747 |
| 20092650 | &nbsp;&nbsp;Series 2025-DNA1-A1 (30 day avg SOFR US + 0.95%, 0.00% Floor) | 5.26 %<sup>(a)</sup> | 01/25/2045 | 20072561 |
| 31789590 | &nbsp;&nbsp;Series 2025-DNA1-M1 (30 day avg SOFR US + 1.05%, 0.00% Floor) | 5.36 %<sup>(a)</sup> | 01/25/2045 | 31823847 |
| 13833000 | &nbsp;&nbsp;Series 2025-DNA1-M2 (30 day avg SOFR US + 1.35%, 0.00% Floor) | 5.66 %<sup>(a)</sup> | 01/25/2045 | 13841314 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Freedom Mortgage Parent LLC |  |  |  |
| 62350000 | &nbsp;&nbsp;Series 2020-GT1-A | 4.45 %<sup>(a)(b)</sup> | 01/25/2026 | 61002966 |
| 72500000 | &nbsp;&nbsp;Series 2021-GT1-A | 3.62 %<sup>(a)(b)</sup> | 07/25/2026 | 68785528 |
| 64820000 | &nbsp;&nbsp;Series 2021-GT2-A | 3.85 %<sup>(a)(b)</sup> | 10/25/2026 | 61749256 |
|  | Fremont Home Loan Trust |  |  |  |
| 104390026 | &nbsp;&nbsp;Series 2006-D-1A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 11/25/2036 | 61516562 |
|  | FRTKL |  |  |  |
| 7750000 | &nbsp;&nbsp;Series 2021-SFR1-E1 | 2.37 %<sup>(a)</sup> | 09/17/2038 | 7430124 |
| 6650000 | &nbsp;&nbsp;Series 2021-SFR1-E2 | 2.52 %<sup>(a)</sup> | 09/17/2038 | 6357810 |
|  | GCAT |  |  |  |
| 2751000 | &nbsp;&nbsp;Series 2019-NQM3-M1 | 3.45 %<sup>(a)(b)</sup> | 11/25/2059 | 2541059 |
| 7096000 | &nbsp;&nbsp;Series 2021-NQM2-M1 | 2.54 %<sup>(a)(b)</sup> | 05/25/2066 | 5132546 |
| 8405000 | &nbsp;&nbsp;Series 2021-NQM6-B1 | 4.42 %<sup>(a)(b)</sup> | 08/25/2066 | 6774049 |
| 5000000 | &nbsp;&nbsp;Series 2025-NQM3-A3 | 5.96 %<sup>(a)(d)</sup> | 05/25/2070 | 5065410 |
| 5000000 | &nbsp;&nbsp;Series 2025-NQM3-M1 | 6.33 %<sup>(a)(b)</sup> | 05/25/2070 | 5062235 |
|  | GE-WMC Mortgage Securities LLC |  |  |  |
| 30349027 | &nbsp;&nbsp;Series 2006-1-A2B (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73% | 08/25/2036 | 12825972 |
|  | GMAC Mortgage Corp. Loan Trust |  |  |  |
| 1462123 | &nbsp;&nbsp;Series 2005-AR5-3A1 | 4.84 %<sup>(b)</sup> | 09/19/2035 | 1201675 |
|  | Greenpoint Mortgage Funding Trust |  |  |  |
| 20221557 | &nbsp;&nbsp;Series 2005-AR3-2A1 (1 mo. Term SOFR + 0.63%, 0.52% Floor, 10.50% Cap) | 4.95% | 08/25/2045 | 7255119 |
| 14200715 | &nbsp;&nbsp;Series 2007-AR2-1A3 (1 mo. Term SOFR + 0.59%, 0.48% Floor) | 4.91% | 04/25/2047 | 12341374 |
|  | GS Mortgage Securities Corp. |  |  |  |
| 876914 | &nbsp;&nbsp;Series 2008-2R-1A1 | 12.94 %<sup>(a)(b)</sup> | 09/25/2036 | 265797 |
| 15478993 | &nbsp;&nbsp;Series 2014-3R-2B (1 mo. Term SOFR + 0.29%, 0.18% Floor) | 4.62 %<sup>(a)</sup> | 09/26/2036 | 8710328 |
|  | GS Mortgage-Backed Securities Trust |  |  |  |
| 83005803 | &nbsp;&nbsp;Series 2020-RPL2-A1 | 1.75 %<sup>(a)(b)</sup> | 05/25/2060 | 76352083 |
| 12540000 | &nbsp;&nbsp;Series 2020-RPL2-M1 | 2.25 %<sup>(a)(b)</sup> | 05/25/2060 | 10111585 |
| 10237000 | &nbsp;&nbsp;Series 2020-RPL2-M2 | 2.75 %<sup>(a)(b)</sup> | 05/25/2060 | 8208085 |
| 9341000 | &nbsp;&nbsp;Series 2020-RPL2-M3 | 3.00 %<sup>(a)(b)</sup> | 05/25/2060 | 7262709 |
| 31709408 | &nbsp;&nbsp;Series 2020-RPL2-PT4 | 6.06 %<sup>(a)(j)</sup> | 05/25/2060 | 27372227 |
| 16200000 | &nbsp;&nbsp;Series 2025-NQM2-A1 | 5.65 %<sup>(a)(b)</sup> | 06/25/2065 | 16380436 |
| 6229000 | &nbsp;&nbsp;Series 2025-NQM2-A3 | 5.90 %<sup>(a)(b)</sup> | 06/25/2065 | 6304066 |
|  | GSAA Trust |  |  |  |
| 97179 | &nbsp;&nbsp;Series 2005-12-AF3 | 5.07 %<sup>(b)</sup> | 09/25/2035 | 64882 |
| 7467672 | &nbsp;&nbsp;Series 2006-10-AF3 | 5.98 %<sup>(b)</sup> | 06/25/2036 | 1670682 |
| 5344741 | &nbsp;&nbsp;Series 2006-10-AF4 | 6.80 %<sup>(d)</sup> | 06/25/2036 | 1192244 |
| 10125391 | &nbsp;&nbsp;Series 2006-15-AF4 | 6.46 %<sup>(d)</sup> | 09/25/2036 | 2570030 |
| 1582635 | &nbsp;&nbsp;Series 2006-18-AF3A | 5.77 %<sup>(b)</sup> | 11/25/2036 | 437352 |
| 3740026 | &nbsp;&nbsp;Series 2006-18-AF6 | 6.18 %<sup>(d)</sup> | 11/25/2036 | 852762 |
| 6968727 | &nbsp;&nbsp;Series 2006-19-A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor) | 4.61% | 12/25/2036 | 1823363 |
| 2474546 | &nbsp;&nbsp;Series 2007-10-A2A | 6.50% | 11/25/2037 | 894992 |
| 5751438 | &nbsp;&nbsp;Series 2007-7-A5 (1 mo. Term SOFR + 0.67%, 0.56% Floor) | 4.99% | 07/25/2037 | 3051266 |
|  | GSAMP Trust |  |  |  |
| 14177042 | &nbsp;&nbsp;Series 2006-HE6-A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73% | 08/25/2036 | 11522093 |
| 5936847 | &nbsp;&nbsp;Series 2007-H1-A2B (1 mo. Term SOFR + 0.51%, 0.40% Floor) | 4.83% | 01/25/2047 | 3043767 |
|  | GSMPS Mortgage Loan Trust |  |  |  |
| 5376227 | &nbsp;&nbsp;Series 2005-RP2-1AF (1 mo. Term SOFR + 0.46%, 0.35% Floor) | 4.78 %<sup>(a)</sup> | 03/25/2035 | 5047705 |
| 5376227 | &nbsp;&nbsp;Series 2005-RP2-1AS | 0.00 %<sup>(a)(b)(f)</sup> | 03/25/2035 | 87819 |
| 3569752 | &nbsp;&nbsp;Series 2005-RP3-1AF (1 mo. Term SOFR + 0.46%, 0.35% Floor, 9.50% Cap) | 4.78 %<sup>(a)</sup> | 09/25/2035 | 3072854 |
| 3569752 | &nbsp;&nbsp;Series 2005-RP3-1AS | 0.00 %<sup>(a)(b)(f)</sup> | 09/25/2035 | 56007 |
| 13065252 | &nbsp;&nbsp;Series 2006-RP1-1AF1 (1 mo. Term SOFR + 0.46%, 0.35% Floor, 9.15% Cap) | 4.78 %<sup>(a)</sup> | 01/25/2036 | 10571102 |
| 13065252 | &nbsp;&nbsp;Series 2006-RP1-1AS | 0.00 %<sup>(a)(b)(f)</sup> | 01/25/2036 | 187337 |
|  | GSR Mortgage Loan Trust |  |  |  |
| 644717 | &nbsp;&nbsp;Series 2005-1F-1A2 | 5.50% | 02/25/2035 | 621759 |
| 1068389 | &nbsp;&nbsp;Series 2005-1F-3A3 | 6.00% | 01/25/2035 | 964586 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 150365 | &nbsp;&nbsp;Series 2005-6F-3A5 | 6.00% | 07/25/2035 | 146469 |
| 1655809 | &nbsp;&nbsp;Series 2005-6F-3A9 (-1 x 1 mo. Term SOFR + 6.79%, 0.00% Floor, 6.90% Cap) | 2.47 %<sup>(f)(h)</sup> | 07/25/2035 | 194012 |
| 87377 | &nbsp;&nbsp;Series 2005-6F-4A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap) | 4.93% | 07/25/2035 | 83197 |
| 83481 | &nbsp;&nbsp;Series 2005-7F-3A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap) | 4.93% | 09/25/2035 | 83481 |
| 6913502 | &nbsp;&nbsp;Series 2005-8F-3A5 | 6.00% | 11/25/2035 | 2308245 |
| 1631088 | &nbsp;&nbsp;Series 2005-8F-4A1 | 6.00% | 11/25/2035 | 621535 |
| 37348 | &nbsp;&nbsp;Series 2006-1F-1A2 | 5.50% | 02/25/2036 | 188616 |
| 271482 | &nbsp;&nbsp;Series 2006-2F-2A3 | 5.75% | 02/25/2036 | 237472 |
| 1497582 | &nbsp;&nbsp;Series 2006-2F-3A3 | 6.00% | 02/25/2036 | 650209 |
| 1798592 | &nbsp;&nbsp;Series 2006-2F-3A6 | 6.00% | 02/25/2036 | 780901 |
| 16026019 | &nbsp;&nbsp;Series 2006-5F-3A1 | 6.50% | 06/25/2036 | 5353859 |
| 4095666 | &nbsp;&nbsp;Series 2006-6F-2A3 | 6.00% | 07/25/2036 | 2317767 |
| 9390269 | &nbsp;&nbsp;Series 2006-9F-4A1 | 6.50% | 10/25/2036 | 3270884 |
| 28008092 | &nbsp;&nbsp;Series 2006-OA1-3A1 (Enterprise 11th District COFI Replacement Index + 1.50%, 1.50% Floor) | 4.43% | 08/25/2046 | 4441968 |
| 71666 | &nbsp;&nbsp;Series 2007-1F-2A2 | 5.50% | 01/25/2037 | 293163 |
| 277384 | &nbsp;&nbsp;Series 2007-4F-1A1 | 5.00% | 07/25/2037 | 581392 |
| 11102833 | &nbsp;&nbsp;Series 2007-4F-3A11 | 6.00% | 07/25/2037 | 7060527 |
| 38179238 | &nbsp;&nbsp;Series 2007-OA1-1A1 (1 mo. Term SOFR + 0.34%, 0.23% Floor) | 4.66% | 05/25/2037 | 18087593 |
|  | Harborview Mortgage Loan Trust |  |  |  |
| 49 | &nbsp;&nbsp;Series 2005-14-3A1A | 7.30 %<sup>(b)</sup> | 12/19/2035 | 49 |
| 5131195 | &nbsp;&nbsp;Series 2005-2-1A (1 mo. Term SOFR + 0.63%, 0.52% Floor) | 4.95% | 05/19/2035 | 1428326 |
| 21114786 | &nbsp;&nbsp;Series 2005-8-1A1A (1 mo. Term SOFR + 0.73%, 0.62% Floor, 11.00% Cap) | 5.05% | 09/19/2035 | 10014637 |
| 38919107 | &nbsp;&nbsp;Series 2005-8-2A1A (12 Month US Treasury Average + 1.55%, 1.55% Floor) | 5.95% | 09/19/2035 | 15596750 |
| 2992566 | &nbsp;&nbsp;Series 2006-10-2A1A (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.80% | 11/19/2036 | 2609880 |
| 3372351 | &nbsp;&nbsp;Series 2006-11-A1A (1 mo. Term SOFR + 0.45%, 0.34% Floor) | 4.77% | 12/19/2036 | 3067626 |
| 25736867 | &nbsp;&nbsp;Series 2006-14-1A1A (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.79% | 01/25/2047 | 23689821 |
| 5033864 | &nbsp;&nbsp;Series 2006-4-1A2A (1 mo. Term SOFR + 0.49%, 0.38% Floor) | 4.81% | 05/19/2046 | 2575087 |
| 50512508 | &nbsp;&nbsp;Series 2006-8-1A1 (1 mo. Term SOFR + 0.51%, 0.00% Floor) | 4.64% | 07/21/2036 | 24073302 |
| 5453280 | &nbsp;&nbsp;Series 2006-BU1-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor, 10.50% Cap) | 4.85% | 02/19/2046 | 5003220 |
| 11556160 | &nbsp;&nbsp;Series 2007-7-1A1 (1 mo. Term SOFR + 2.11%, 0.00% Floor, 10.50% Cap) | 6.43% | 10/25/2037 | 9272071 |
|  | Home Equity Asset Trust |  |  |  |
| 221033 | &nbsp;&nbsp;Series 2003-3-M1 (1 mo. Term SOFR + 1.40%, 1.29% Floor) | 5.72% | 08/25/2033 | 217404 |
|  | Home Partners of America Trust |  |  |  |
| 3658824 | &nbsp;&nbsp;Series 2019-2-C | 3.02 %<sup>(a)</sup> | 10/19/2039 | 3499302 |
| 3892366 | &nbsp;&nbsp;Series 2019-2-D | 3.12 %<sup>(a)</sup> | 10/19/2039 | 3711289 |
| 7326807 | &nbsp;&nbsp;Series 2019-2-E | 3.32 %<sup>(a)</sup> | 10/19/2039 | 6981468 |
|  | Homebanc Mortgage Trust |  |  |  |
| 275393 | &nbsp;&nbsp;Series 2005-1-M2 (1 mo. Term SOFR + 0.85%, 0.74% Floor, 11.50% Cap) | 5.17% | 03/25/2035 | 248895 |
| 10350000 | &nbsp;&nbsp;Series 2005-3-M5 (1 mo. Term SOFR + 1.96%, 1.85% Floor, 11.50% Cap) | 6.28% | 07/25/2035 | 9559371 |
|  | Homeward Opportunities Fund I Trust |  |  |  |
| 28994000 | &nbsp;&nbsp;Series 2020-2-B2 | 6.36 %<sup>(a)(b)</sup> | 05/25/2065 | 29886856 |
|  | HSBC Asset Loan Obligation |  |  |  |
| 17921277 | &nbsp;&nbsp;Series 2007-2-3A6 | 6.00% | 09/25/2037 | 5608032 |
| 13136689 | &nbsp;&nbsp;Series 2007-WF1-A3 | 6.23 %<sup>(d)</sup> | 12/25/2036 | 4323969 |
|  | HSI Asset Securitization Corp. |  |  |  |
| 26735617 | &nbsp;&nbsp;Series 2006-HE1-1A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 10/25/2036 | 7298898 |
| 12344223 | &nbsp;&nbsp;Series 2007-NC1-A2 (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 04/25/2037 | 8041000 |
| 53516162 | &nbsp;&nbsp;Series 2007-NC1-A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.79% | 04/25/2037 | 34884976 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Impac CMB Trust |  |  |  |
| 15317 | &nbsp;&nbsp;Series 2002-9F-A1 | 5.22 %<sup>(d)</sup> | 12/25/2032 | 15263 |
|  | Impac Secured Assets CMN Owner Trust |  |  |  |
| 8369140 | &nbsp;&nbsp;Series 2007-3-A1B (1 mo. Term SOFR + 0.59%, 0.48% Floor, 11.50% Cap) | 4.91% | 09/25/2037 | 7219689 |
|  | Imperial Fund Mortgage Trust |  |  |  |
| 21325358 | &nbsp;&nbsp;Series 2021-NQM4-A1 | 2.09 %<sup>(a)(b)</sup> | 01/25/2057 | 18831588 |
| 11040143 | &nbsp;&nbsp;Series 2021-NQM4-A2 | 2.30 %<sup>(a)(b)</sup> | 01/25/2057 | 9740649 |
| 8413910 | &nbsp;&nbsp;Series 2021-NQM4-A3 | 2.45 %<sup>(a)(b)</sup> | 01/25/2057 | 7443840 |
|  | Indymac IMJA Mortgage Loan Trust |  |  |  |
| 3098782 | &nbsp;&nbsp;Series 2007-A1-A1 | 6.00% | 08/25/2037 | 1130633 |
| 2268550 | &nbsp;&nbsp;Series 2007-A1-A7 | 6.00% | 08/25/2037 | 827712 |
| 6921417 | &nbsp;&nbsp;Series 2007-A2-1A1 | 6.00% | 10/25/2037 | 2889711 |
| 10763176 | &nbsp;&nbsp;Series 2007-A2-2A3 | 6.50% | 10/25/2037 | 5042602 |
| 18348108 | &nbsp;&nbsp;Series 2007-A2-3A1 | 7.00% | 10/25/2037 | 4109846 |
| 15502772 | &nbsp;&nbsp;Series 2007-A3-A1 | 6.25% | 11/25/2037 | 6118814 |
| 12757982 | &nbsp;&nbsp;Series 2007-A4-A1 | 6.25% | 02/25/2038 | 3938592 |
|  | Indymac IMSC Mortgage Loan Trust |  |  |  |
| 28765077 | &nbsp;&nbsp;Series 2007-F1-2A1 | 6.50% | 06/25/2037 | 6592613 |
| 250595 | &nbsp;&nbsp;Series 2007-F2-1A2 | 6.00% | 07/25/2037 | 174502 |
| 25282919 | &nbsp;&nbsp;Series 2007-F2-2A1 | 6.50% | 07/25/2037 | 8104217 |
| 2619026 | &nbsp;&nbsp;Series 2007-HOA1-A11 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.79% | 07/25/2047 | 1719813 |
|  | Indymac INDA Mortgage Loan Trust |  |  |  |
| 667610 | &nbsp;&nbsp;Series 2006-AR2-1A1 | 4.81 %<sup>(b)</sup> | 09/25/2036 | 419290 |
| 478041 | &nbsp;&nbsp;Series 2006-AR2-4A1 | 4.49 %<sup>(b)</sup> | 09/25/2036 | 446086 |
| 6731659 | &nbsp;&nbsp;Series 2006-AR3-1A1 | 4.17 %<sup>(b)</sup> | 12/25/2036 | 5220690 |
| 2312517 | &nbsp;&nbsp;Series 2007-AR1-3A1 | 3.05 %<sup>(b)</sup> | 03/25/2037 | 1963802 |
| 1826965 | &nbsp;&nbsp;Series 2007-AR3-3A1 | 3.94 %<sup>(b)</sup> | 07/25/2037 | 1566101 |
|  | Indymac Index Mortgage Loan Trust |  |  |  |
| 4698649 | &nbsp;&nbsp;Series 2005-AR15-A1 | 4.09 %<sup>(b)</sup> | 09/25/2035 | 3869707 |
| 2110294 | &nbsp;&nbsp;Series 2006-AR7-3A1 | 3.96 %<sup>(b)</sup> | 05/25/2036 | 1876853 |
| 1599596 | &nbsp;&nbsp;Series 2007-AR13-2A1 | 5.43 %<sup>(b)</sup> | 07/25/2037 | 1374950 |
| 3993392 | &nbsp;&nbsp;Series 2007-AR21-8A1 | 4.75 %<sup>(b)</sup> | 09/25/2037 | 3904928 |
|  | Indymac Residential Asset Backed Trust |  |  |  |
| 11676512 | &nbsp;&nbsp;Series 2006-B-2A4 (1 mo. Term SOFR + 0.67%, 0.56% Floor) | 4.99% | 06/25/2036 | 10643210 |
| 8528139 | &nbsp;&nbsp;Series 2006-D-2A4 (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.67% | 11/25/2036 | 6933239 |
| 7351567 | &nbsp;&nbsp;Series 2007-B-1A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62% | 07/25/2037 | 2911788 |
| 7351567 | &nbsp;&nbsp;Series 2007-B-1A2 (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62% | 07/25/2037 | 2911788 |
|  | Invitation Homes Trust |  |  |  |
| 33442000 | &nbsp;&nbsp;Series 2024-SFR1-C | 4.25 %<sup>(a)</sup> | 09/17/2041 | 32175638 |
|  | JP Morgan Alternative Loan Trust |  |  |  |
| 4542748 | &nbsp;&nbsp;Series 2005-S1-2A11 | 6.00% | 12/25/2035 | 3039386 |
| 1456308 | &nbsp;&nbsp;Series 2005-S1-2A9 | 6.00% | 12/25/2035 | 974362 |
| 2563704 | &nbsp;&nbsp;Series 2006-A2-1A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 11.50% Cap) | 4.79% | 05/25/2036 | 2123782 |
| 2011982 | &nbsp;&nbsp;Series 2006-S1-1A8 | 5.75% | 03/25/2036 | 960840 |
|  | JP Morgan Mortgage Acquisition Corp. |  |  |  |
| 2179200 | &nbsp;&nbsp;Series 2005-WMC1-M4 (1 mo. Term SOFR + 1.01%, 0.90% Floor) | 5.33% | 09/25/2035 | 1968761 |
| 5033955 | &nbsp;&nbsp;Series 2006-CH2-AF3 | 5.46 %<sup>(d)</sup> | 09/25/2029 | 3025566 |
| 8264805 | &nbsp;&nbsp;Series 2006-HE3-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.26% | 11/25/2036 | 7770709 |
| 21482826 | &nbsp;&nbsp;Series 2006-RM1-A3 (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.67% | 08/25/2036 | 9491843 |
| 19855385 | &nbsp;&nbsp;Series 2006-RM1-A4 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.79% | 08/25/2036 | 8789381 |
| 2782106 | &nbsp;&nbsp;Series 2006-WF1-A5 | 6.91 %<sup>(d)</sup> | 07/25/2036 | 743711 |
| 3848639 | &nbsp;&nbsp;Series 2006-WMC4-A1A (1 mo. Term SOFR + 0.37%, 0.26% Floor) | 4.69% | 12/25/2036 | 2413130 |
| 35550679 | &nbsp;&nbsp;Series 2006-WMC4-A1B (1 mo. Term SOFR + 0.57%, 0.46% Floor) | 4.89% | 12/25/2036 | 4421111 |
| 9690000 | &nbsp;&nbsp;Series 2007-CH3-M2 (1 mo. Term SOFR + 0.43%, 0.32% Floor) | 4.75% | 03/25/2037 | 8875034 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | JP Morgan Mortgage Trust |  |  |  |
| 49104 | &nbsp;&nbsp;Series 2005-A6-5A1 | 6.58 %<sup>(b)</sup> | 08/25/2035 | 50150 |
| 2851707 | &nbsp;&nbsp;Series 2005-S1-1A2 | 6.50% | 01/25/2035 | 2976933 |
| 317717 | &nbsp;&nbsp;Series 2005-S2-2A13 | 5.50% | 09/25/2035 | 235372 |
| 895770 | &nbsp;&nbsp;Series 2006-S2-3A3 | 6.00% | 07/25/2036 | 260988 |
| 3251802 | &nbsp;&nbsp;Series 2006-S2-3A5 | 6.25% | 07/25/2036 | 985769 |
| 1785900 | &nbsp;&nbsp;Series 2006-S3-1A2 | 6.00% | 08/25/2036 | 505520 |
| 7073753 | &nbsp;&nbsp;Series 2006-S3-1A21 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 7.50% Cap) | 4.81% | 08/25/2036 | 1492706 |
| 7073753 | &nbsp;&nbsp;Series 2006-S3-1A22 (-1 x 1 mo. Term SOFR + 7.01%, 0.00% Floor, 7.12% Cap) | 2.69 %<sup>(f)(h)</sup> | 08/25/2036 | 951944 |
| 832183 | &nbsp;&nbsp;Series 2006-S3-1A9 | 6.00% | 08/25/2036 | 235559 |
| 5641173 | &nbsp;&nbsp;Series 2006-S4-A3 | 6.00% | 01/25/2037 | 2030263 |
| 2349504 | &nbsp;&nbsp;Series 2006-S4-A5 | 6.00% | 01/25/2037 | 848957 |
| 5557029 | &nbsp;&nbsp;Series 2006-S4-A8 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 7.00% Cap) | 4.81% | 01/25/2037 | 1474286 |
| 5557029 | &nbsp;&nbsp;Series 2006-S4-A9 (-1 x 1 mo. Term SOFR + 6.51%, 0.00% Floor, 6.62% Cap) | 2.19 %<sup>(f)(h)</sup> | 01/25/2037 | 787940 |
| 563554 | &nbsp;&nbsp;Series 2007-A2-2A1 | 5.61 %<sup>(b)</sup> | 04/25/2037 | 422758 |
| 1977118 | &nbsp;&nbsp;Series 2007-A3-3A2M | 5.03 %<sup>(b)</sup> | 05/25/2037 | 1775420 |
| 6097972 | &nbsp;&nbsp;Series 2007-S1-2A6 | 6.00% | 03/25/2037 | 2259272 |
| 1715822 | &nbsp;&nbsp;Series 2007-S3-1A1 | 5.50% | 08/25/2037 | 684424 |
| 3816033 | &nbsp;&nbsp;Series 2007-S3-1A35 | 6.00% | 08/25/2037 | 1660277 |
| 1689078 | &nbsp;&nbsp;Series 2007-S3-1A64 | 7.50% | 08/25/2037 | 540486 |
| 642147 | &nbsp;&nbsp;Series 2007-S3-1A9 | 6.00% | 08/25/2037 | 279036 |
| 3518564 | &nbsp;&nbsp;Series 2007-S3-1A96 | 6.00% | 08/25/2037 | 1529601 |
| 4010919 | &nbsp;&nbsp;Series 2007-S3-1A97 | 6.00% | 08/25/2037 | 1743734 |
| 21497852 | &nbsp;&nbsp;Series 2024-NQM1-A1 | 5.59 %<sup>(a)(d)</sup> | 02/25/2064 | 21629484 |
|  | JP Morgan Reremic |  |  |  |
| 4612074 | &nbsp;&nbsp;Series 2009-4-3A2 | 6.00 %<sup>(a)(b)</sup> | 02/26/2037 | 2068365 |
| 16313692 | &nbsp;&nbsp;Series 2009-7-7A1 | 7.00 %<sup>(a)(b)</sup> | 09/27/2037 | 7241137 |
| 7597454 | &nbsp;&nbsp;Series 2010-1-1A4 | 6.00 %<sup>(a)</sup> | 02/26/2037 | 3277769 |
| 5112466 | &nbsp;&nbsp;Series 2010-1-2A11 | 7.00 %<sup>(a)(b)</sup> | 01/26/2037 | 2233434 |
|  | Legacy Mortgage Asset Trust |  |  |  |
| 103791407 | &nbsp;&nbsp;Series 2019-RPL3-PT1 | 0.00 %<sup>(a)</sup> | 06/25/2058 | 91691436 |
| 25338058 | &nbsp;&nbsp;Series 2021-GS4-A2 | 6.55 %<sup>(a)(d)</sup> | 11/25/2060 | 25376871 |
|  | Lehman Brothers Holdings, Inc. |  |  |  |
| 17338188 | &nbsp;&nbsp;Series 2007-1-1A1 (1 mo. Term SOFR + 0.32%, 0.21% Floor) | 4.64 %<sup>(a)</sup> | 06/25/2037 | 12737481 |
| 5334480 | &nbsp;&nbsp;Series 2007-1-2A4 (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73 %<sup>(a)</sup> | 06/25/2037 | 3545594 |
|  | Lehman Mortgage Trust |  |  |  |
| 1376883 | &nbsp;&nbsp;Series 2005-2-3A5 | 5.50% | 12/25/2035 | 711348 |
| 934525 | &nbsp;&nbsp;Series 2005-2-5A5 | 5.75% | 12/25/2035 | 575404 |
| 1553052 | &nbsp;&nbsp;Series 2005-3-2A1 | 6.00% | 01/25/2036 | 1302369 |
| 132124 | &nbsp;&nbsp;Series 2005-3-2A3 | 5.50% | 01/25/2036 | 105757 |
| 709792 | &nbsp;&nbsp;Series 2005-3-2A7 | 6.00% | 01/25/2036 | 595177 |
| 898710 | &nbsp;&nbsp;Series 2006-1-1A1 (1 mo. Term SOFR + 0.86%, 0.75% Floor, 5.50% Cap) | 5.18% | 02/25/2036 | 375300 |
| 2696130 | &nbsp;&nbsp;Series 2006-1-1A2 (-1 x 1 mo. Term SOFR + 4.64%, 0.00% Floor, 4.75% Cap) | 0.32 %<sup>(f)(h)</sup> | 02/25/2036 | 138612 |
| 1899578 | &nbsp;&nbsp;Series 2006-1-3A1 (1 mo. Term SOFR + 0.86%, 0.75% Floor, 5.50% Cap) | 5.18% | 02/25/2036 | 1230381 |
| 1899578 | &nbsp;&nbsp;Series 2006-1-3A2 (-1 x 1 mo. Term SOFR + 4.64%, 0.00% Floor, 4.75% Cap) | 0.32 %<sup>(f)(h)</sup> | 02/25/2036 | 85592 |
| 1223882 | &nbsp;&nbsp;Series 2006-1-3A4 | 5.50% | 02/25/2036 | 877669 |
| 1378878 | &nbsp;&nbsp;Series 2006-4-1A3 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap) | 0.97 %<sup>(f)(h)</sup> | 08/25/2036 | 109078 |
| 876385 | &nbsp;&nbsp;Series 2006-4-1A4 | 6.00% | 08/25/2036 | 663540 |
| 5464601 | &nbsp;&nbsp;Series 2006-5-2A1 (1 mo. Term SOFR + 0.46%, 0.35% Floor, 7.50% Cap) | 4.78% | 09/25/2036 | 717745 |
| 11382704 | &nbsp;&nbsp;Series 2006-5-2A2Pool 2006-5 (-1 x 1 mo. Term SOFR + 7.04%, 0.00% Floor, 7.15% Cap) | 2.72 %<sup>(f)(h)</sup> | 09/25/2036 | 1040392 |
| 5423700 | &nbsp;&nbsp;Series 2006-6-3A9 | 5.50% | 10/25/2036 | 3527649 |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2765928 | &nbsp;&nbsp;Series 2006-7-2A2 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap) | 4.88% | 11/25/2036 | 655225 |
| 10227651 | &nbsp;&nbsp;Series 2006-7-2A5 | 2.12 %<sup>(f)(h)</sup> | 11/25/2036 | 1163245 |
| 1609704 | &nbsp;&nbsp;Series 2006-9-1A19 (-5 x 1 mo. Term SOFR + 30.16%, 0.00% Floor, 30.68% Cap) | 10.29 %<sup>(h)</sup> | 01/25/2037 | 1415706 |
| 1743358 | &nbsp;&nbsp;Series 2006-9-1A5 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 5.75% Cap) | 5.03% | 01/25/2037 | 893930 |
| 5216968 | &nbsp;&nbsp;Series 2006-9-1A6 (-1 x 1 mo. Term SOFR + 5.04%, 0.00% Floor, 5.15% Cap) | 0.72 %<sup>(f)(h)</sup> | 01/25/2037 | 371612 |
| 3425408 | &nbsp;&nbsp;Series 2006-9-2A1 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 7.00% Cap) | 4.81% | 01/25/2037 | 678029 |
| 6171290 | &nbsp;&nbsp;Series 2006-9-2A2 (-1 x 1 mo. Term SOFR + 6.51%, 0.00% Floor, 6.62% Cap) | 2.19 %<sup>(f)(h)</sup> | 01/25/2037 | 500100 |
| 1355140 | &nbsp;&nbsp;Series 2007-2-1A1 | 5.75% | 02/25/2037 | 892334 |
| 2225746 | &nbsp;&nbsp;Series 2007-4-2A11 (1 mo. Term SOFR + 0.44%, 0.33% Floor, 7.00% Cap) | 4.76% | 05/25/2037 | 664405 |
| 10879725 | &nbsp;&nbsp;Series 2007-4-2A8 (-1 x 1 mo. Term SOFR + 6.56%, 0.00% Floor, 6.67% Cap) | 2.24 %<sup>(f)(h)</sup> | 05/25/2037 | 943428 |
| 744063 | &nbsp;&nbsp;Series 2007-4-2A9 (1 mo. Term SOFR + 0.44%, 0.33% Floor, 7.00% Cap) | 4.76% | 05/25/2037 | 198552 |
| 501526 | &nbsp;&nbsp;Series 2007-5-4A3 (-6 x 1 mo. Term SOFR + 39.39%, 0.00% Floor, 40.08% Cap) | 13.48 %<sup>(h)</sup> | 08/25/2036 | 580306 |
| 590954 | &nbsp;&nbsp;Series 2007-5-7A3 | 7.50% | 10/25/2036 | 175596 |
| 24231 | &nbsp;&nbsp;Series 2007-6-1A8 | 6.00% | 07/25/2037 | 21531 |
| 3149072 | &nbsp;&nbsp;Series 2008-2-1A6 | 6.00% | 03/25/2038 | 798398 |
|  | Lehman XS Trust |  |  |  |
| 3955421 | &nbsp;&nbsp;Series 2005-2-2A3B | 5.94 %<sup>(d)</sup> | 08/25/2035 | 3598793 |
| 6299108 | &nbsp;&nbsp;Series 2005-9N-2A1 (12 Month US Treasury Average + 1.06%, 1.06% Floor) | 5.46% | 02/25/2036 | 5517342 |
| 4533142 | &nbsp;&nbsp;Series 2006-3-A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor) | 5.03% | 03/25/2036 | 4601532 |
| 5884302 | &nbsp;&nbsp;Series 2006-5-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor) | 4.85% | 04/25/2036 | 5084488 |
| 15872 | &nbsp;&nbsp;Series 2006-5-2A4A | 6.39 %<sup>(d)</sup> | 04/25/2036 | 21633 |
| 7257542 | &nbsp;&nbsp;Series 2006-GP3-1A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor) | 4.83% | 06/25/2046 | 6652580 |
| 3490181 | &nbsp;&nbsp;Series 2007-1-2A1 | 7.00 %<sup>(b)</sup> | 02/25/2037 | 3660597 |
| 8299647 | &nbsp;&nbsp;Series 2007-12N-1A3A (1 mo. Term SOFR + 0.51%, 0.40% Floor) | 4.83% | 07/25/2047 | 8080685 |
| 8248729 | &nbsp;&nbsp;Series 2007-15N-4A1 (1 mo. Term SOFR + 1.01%, 0.90% Floor) | 5.33% | 08/25/2047 | 7380436 |
|  | Long Beach Mortgage Loan Trust |  |  |  |
| 12769098 | &nbsp;&nbsp;Series 2006-2-2A4 (1 mo. Term SOFR + 0.69%, 0.58% Floor) | 5.01% | 03/25/2046 | 4515945 |
| 45533149 | &nbsp;&nbsp;Series 2006-3-2A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.79% | 05/25/2046 | 13649258 |
| 4641577 | &nbsp;&nbsp;Series 2006-3-2A4 (1 mo. Term SOFR + 0.65%, 0.54% Floor) | 4.97% | 05/25/2046 | 1391209 |
| 14525925 | &nbsp;&nbsp;Series 2006-5-2A4 (1 mo. Term SOFR + 0.59%, 0.48% Floor) | 4.91% | 06/25/2036 | 6866500 |
| 22881700 | &nbsp;&nbsp;Series 2006-6-1A (1 mo. Term SOFR + 0.40%, 0.29% Floor) | 4.72% | 07/25/2036 | 15840063 |
| 11644039 | &nbsp;&nbsp;Series 2006-WL1-M2 (1 mo. Term SOFR + 0.79%, 0.68% Floor) | 5.11% | 01/25/2046 | 11334220 |
|  | Luminent Mortgage Trust |  |  |  |
| 1136794 | &nbsp;&nbsp;Series 2005-1-A1 (1 mo. Term SOFR + 0.63%, 0.52% Floor, 11.50% Cap) | 4.95% | 11/25/2035 | 1096421 |
|  | Master Resecuritization Trust |  |  |  |
| 11961839 | &nbsp;&nbsp;Series 2008-1-A1 | 6.00 %<sup>(a)(b)</sup> | 09/27/2037 | 7764913 |
| 5697667 | &nbsp;&nbsp;Series 2008-4-A1 | 6.00 %<sup>(a)(b)</sup> | 06/27/2036 | 4643881 |
|  | Mastr Adjustable Rate Mortgages Trust |  |  |  |
| 1939248 | &nbsp;&nbsp;Series 2005-2-2A1 | 4.31 %<sup>(b)</sup> | 03/25/2035 | 1728024 |
| 674043 | &nbsp;&nbsp;Series 2005-6-5A1 | 3.42 %<sup>(b)</sup> | 07/25/2035 | 601968 |
| 4610114 | &nbsp;&nbsp;Series 2007-1-2A1 | 5.02 %<sup>(b)</sup> | 11/25/2036 | 2411176 |
|  | MASTR Alternative Loans Trust |  |  |  |
| 6640958 | &nbsp;&nbsp;Series 2004-9-M2 | 6.26 %<sup>(d)</sup> | 08/25/2034 | 5696575 |
| 1111612 | &nbsp;&nbsp;Series 2005-2-3A1 | 6.00% | 03/25/2035 | 879708 |
| 33514 | &nbsp;&nbsp;Series 2005-5-2A3 | 5.50% | 07/25/2025 | 32534 |
| 6395416 | &nbsp;&nbsp;Series 2005-5-3A1 | 5.75% | 08/25/2035 | 2880933 |
| 1374556 | &nbsp;&nbsp;Series 2005-6-1A5 | 5.50% | 12/25/2035 | 887188 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1002141 | &nbsp;&nbsp;Series 2006-3-1A2 | 6.25% | 07/25/2036 | 484854 |
| 606982 | &nbsp;&nbsp;Series 2007-1-1A5 | 5.75% | 10/25/2036 | 591348 |
| 3688665 | &nbsp;&nbsp;Series 2007-1-2A7 | 6.00% | 10/25/2036 | 1011240 |
|  | Mastr Asset Backed Securities Trust |  |  |  |
| 1515248 | &nbsp;&nbsp;Series 2003-OPT1-M3 (1 mo. Term SOFR + 4.24%, 4.13% Floor) | 8.56% | 12/25/2032 | 1465237 |
| 5470784 | &nbsp;&nbsp;Series 2006-AM2-A3 (1 mo. Term SOFR + 0.45%, 0.34% Floor) | 4.77% | 06/25/2036 | 5058533 |
| 5861808 | &nbsp;&nbsp;Series 2007-HE1-A3 (1 mo. Term SOFR + 0.53%, 0.42% Floor) | 4.85% | 05/25/2037 | 5688731 |
| 12567115 | &nbsp;&nbsp;Series 2007-WMC1-A1 (1 mo. Term SOFR + 0.40%, 0.29% Floor) | 4.72% | 01/25/2037 | 3286132 |
|  | MASTR Asset Securitization Trust |  |  |  |
| 1288371 | &nbsp;&nbsp;Series 2006-1-1A4 | 5.75% | 05/25/2036 | 749646 |
| 1003791 | &nbsp;&nbsp;Series 2006-2-1A11 (1 mo. Term SOFR + 6.00%, 6.00% Floor) | 6.00% | 06/25/2036 | 567215 |
| 2322136 | &nbsp;&nbsp;Series 2007-1-1A3 | 6.25% | 11/25/2037 | 870852 |
|  | Mastr Seasoned Securities Trust |  |  |  |
| 1016932 | &nbsp;&nbsp;Series 2005-2-1A4 | 6.00% | 10/25/2032 | 1029918 |
| 394166 | &nbsp;&nbsp;Series 2005-2-2A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 7.50% Cap) | 4.83% | 10/25/2032 | 367358 |
|  | Merrill Lynch Alternative Note Asset |  |  |  |
| 18800566 | &nbsp;&nbsp;Series 2007-A3-A2A (1 mo. Term SOFR + 0.33%, 0.22% Floor) | 4.65% | 04/25/2037 | 6607513 |
| 9641288 | &nbsp;&nbsp;Series 2007-A3-A2B (1 mo. Term SOFR + 0.53%, 0.42% Floor) | 4.85% | 04/25/2037 | 3386475 |
| 13362940 | &nbsp;&nbsp;Series 2007-A3-A2C (1 mo. Term SOFR + 0.75%, 0.64% Floor) | 5.07% | 04/25/2037 | 4698446 |
| 12735229 | &nbsp;&nbsp;Series 2007-F1-2A4 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 7.00% Cap) | 4.75% | 03/25/2037 | 3065423 |
| 12735229 | &nbsp;&nbsp;Series 2007-F1-2A5 (-1 x 1 mo. Term SOFR + 6.57%, 0.00% Floor, 6.68% Cap) | 2.25 %<sup>(f)(h)</sup> | 03/25/2037 | 1642176 |
| 27580930 | &nbsp;&nbsp;Series 2007-OAR5-1A1 | 3.69 %<sup>(b)</sup> | 10/25/2047 | 7536685 |
|  | Merrill Lynch First Franklin Mortgage Loan Trust |  |  |  |
| 1880254 | &nbsp;&nbsp;Series 2007-H1-1A2 (1 mo. Term SOFR + 3.61%, 3.50% Floor) | 7.93% | 10/25/2037 | 1772733 |
|  | Merrill Lynch Mortgage Investors, Inc. |  |  |  |
| 14950996 | &nbsp;&nbsp;Series 2005-AR1-M2 (1 mo. Term SOFR + 1.12%, 1.01% Floor) | 5.44% | 06/25/2036 | 12109223 |
| 7471248 | &nbsp;&nbsp;Series 2006-AR1-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor) | 4.75 %<sup>(a)</sup> | 03/25/2037 | 1956393 |
| 619597 | &nbsp;&nbsp;Series 2006-F1-1A2 | 6.00% | 04/25/2036 | 220228 |
| 20843149 | &nbsp;&nbsp;Series 2006-FM1-A1 (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.31% | 04/25/2037 | 12410722 |
| 10006492 | &nbsp;&nbsp;Series 2006-HE3-A4 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 06/25/2037 | 2634228 |
| 7183740 | &nbsp;&nbsp;Series 2006-HE4-A2B (1 mo. Term SOFR + 0.31%, 0.20% Floor) | 4.63% | 07/25/2037 | 1503007 |
| 70953800 | &nbsp;&nbsp;Series 2007-HE2-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 02/25/2037 | 33145812 |
| 7872048 | &nbsp;&nbsp;Series 2007-HE3-A1 (1 mo. Term SOFR + 0.25%, 0.14% Floor) | 4.57% | 04/25/2047 | 3125149 |
| 6716055 | &nbsp;&nbsp;Series 2007-HE3-A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor) | 4.81% | 04/25/2047 | 2666237 |
| 2813082 | &nbsp;&nbsp;Series 2007-HE3-A4 (1 mo. Term SOFR + 0.65%, 0.54% Floor) | 4.97% | 04/25/2047 | 1116779 |
| 43828712 | &nbsp;&nbsp;Series 2007-MLN1-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 03/25/2037 | 33913960 |
|  | Morgan Stanley ABS Capital I, Inc. |  |  |  |
| 16095454 | &nbsp;&nbsp;Series 2006-HE7-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor) | 4.75% | 09/25/2036 | 6942360 |
| 21358148 | &nbsp;&nbsp;Series 2006-HE7-A2D (1 mo. Term SOFR + 0.57%, 0.46% Floor) | 4.89% | 09/25/2036 | 9210712 |
| 13159282 | &nbsp;&nbsp;Series 2006-NC2-M1 (1 mo. Term SOFR + 0.65%, 0.54% Floor) | 4.97% | 02/25/2036 | 12439518 |
| 5584181 | &nbsp;&nbsp;Series 2007-HE4-A1 (1 mo. Term SOFR + 0.24%, 0.13% Floor) | 4.56 %<sup>(a)</sup> | 02/25/2037 | 2460133 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Morgan Stanley Home Equity Loan Trust |  |  |  |
| 23189080 | &nbsp;&nbsp;Series 2007-1-A4 (1 mo. Term SOFR + 0.33%, 0.22% Floor) | 4.65% | 12/25/2036 | 11103319 |
|  | Morgan Stanley IXIS Real Estate Capital Trust |  |  |  |
| 4862025 | &nbsp;&nbsp;Series 2006-2-AFPT (1 mo. Term SOFR + 0.25%, 0.14% Floor) | 4.57% | 11/25/2036 | 1564714 |
|  | Morgan Stanley Mortgage Loan Trust |  |  |  |
| 554106 | &nbsp;&nbsp;Series 2005-10-1A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.75% Cap) | 5.13% | 12/25/2035 | 329675 |
| 1388314 | &nbsp;&nbsp;Series 2005-10-1A6 | 5.75% | 12/25/2035 | 902463 |
| 1578787 | &nbsp;&nbsp;Series 2005-10-2A1 | 5.24 %<sup>(b)</sup> | 12/25/2035 | 1507806 |
| 4435150 | &nbsp;&nbsp;Series 2006-11-1A6 | 6.73 %<sup>(d)</sup> | 08/25/2036 | 747336 |
| 6627148 | &nbsp;&nbsp;Series 2006-11-2A1 | 6.00% | 08/25/2036 | 2742171 |
| 6409221 | &nbsp;&nbsp;Series 2006-16AX-2A2 (1 mo. Term SOFR + 0.45%, 0.34% Floor) | 4.77% | 11/25/2036 | 1763158 |
| 4904477 | &nbsp;&nbsp;Series 2006-17XS-A3A | 6.15 %<sup>(d)</sup> | 10/25/2046 | 1378154 |
| 1710945 | &nbsp;&nbsp;Series 2006-17XS-A6 | 6.08 %<sup>(d)</sup> | 10/25/2046 | 398494 |
| 977324 | &nbsp;&nbsp;Series 2006-2-2A3 | 5.75% | 02/25/2036 | 918566 |
| 12673262 | &nbsp;&nbsp;Series 2006-7-3A | 5.08 %<sup>(b)</sup> | 06/25/2036 | 6710331 |
| 1404788 | &nbsp;&nbsp;Series 2006-7-4A4 | 6.00% | 06/25/2036 | 618205 |
| 1422104 | &nbsp;&nbsp;Series 2006-7-4A7 | 6.00% | 06/25/2036 | 625827 |
| 2840177 | &nbsp;&nbsp;Series 2007-13-6A1 | 6.00% | 10/25/2037 | 1469142 |
| 2962739 | &nbsp;&nbsp;Series 2007-14AR-2A3 | 3.38 %<sup>(b)</sup> | 10/25/2037 | 1690272 |
| 2771966 | &nbsp;&nbsp;Series 2007-1XS-2A3 | 6.42 %<sup>(d)</sup> | 09/25/2046 | 600253 |
| 1819917 | &nbsp;&nbsp;Series 2007-1XS-2A4A | 6.58 %<sup>(d)</sup> | 09/25/2046 | 481575 |
| 219266 | &nbsp;&nbsp;Series 2007-3XS-1A2A | 6.12 %<sup>(d)</sup> | 01/25/2047 | 207302 |
| 4925097 | &nbsp;&nbsp;Series 2007-3XS-2A3S | 6.36 %<sup>(d)</sup> | 01/25/2047 | 1755373 |
| 2880717 | &nbsp;&nbsp;Series 2007-3XS-2A4S | 6.46 %<sup>(d)</sup> | 01/25/2047 | 1008163 |
|  | Morgan Stanley Reremic Trust |  |  |  |
| 2725392 | &nbsp;&nbsp;Series 2010-R5-4B | 4.74 %<sup>(a)(d)</sup> | 06/26/2036 | 2880408 |
| 5014867 | &nbsp;&nbsp;Series 2010-R5-5B | 3.29 %<sup>(a)(d)</sup> | 01/26/2037 | 4910749 |
| 8951764 | &nbsp;&nbsp;Series 2010-R9-3C | 6.00 %<sup>(a)(b)</sup> | 11/26/2036 | 6971872 |
| 6618512 | &nbsp;&nbsp;Series 2012-R4-1B (1 mo. Term SOFR + 0.11%, 0.00% Floor) | 3.19 %<sup>(a)</sup> | 08/26/2036 | 5042937 |
| 5491099 | &nbsp;&nbsp;Series 2013-R2-1B | 4.22 %<sup>(a)(b)</sup> | 10/26/2036 | 4921142 |
| 169185 | &nbsp;&nbsp;Series 2014-R7-B1 | 4.20 %<sup>(a)(b)</sup> | 01/26/2051 | 168708 |
| 5199569 | &nbsp;&nbsp;Series 2014-R7-B2 | 4.20 %<sup>(a)(b)</sup> | 01/26/2051 | 4940445 |
|  | Morgan Stanley Residential Mortgage Loan Trust |  |  |  |
| 6500000 | &nbsp;&nbsp;Series 2025-NQM4-A3 | 5.94 %<sup>(a)(d)</sup> | 06/25/2070 | 6593431 |
| 6559000 | &nbsp;&nbsp;Series 2025-NQM4-M1 | 6.33 %<sup>(a)(b)</sup> | 06/25/2070 | 6652269 |
|  | New Century Alternative Mortgage Loan Trust |  |  |  |
| 9260407 | &nbsp;&nbsp;Series 2006-ALT1-AF3 | 6.17 %<sup>(b)</sup> | 07/25/2036 | 1822131 |
| 11779703 | &nbsp;&nbsp;Series 2006-ALT2-AF5 | 4.51 %<sup>(d)</sup> | 10/25/2036 | 2141813 |
|  | New Century Home Equity Loan Trust |  |  |  |
| 17829000 | &nbsp;&nbsp;Series 2005-4-M5 (1 mo. Term SOFR + 1.13%, 1.02% Floor, 12.50% Cap) | 5.45% | 09/25/2035 | 17149091 |
| 12500000 | &nbsp;&nbsp;Series 2006-1-A2C (1 mo. Term SOFR + 0.67%, 0.56% Floor, 12.50% Cap) | 4.99% | 05/25/2036 | 11681214 |
|  | New York Mortgage Trust, Inc. |  |  |  |
| 170439 | &nbsp;&nbsp;Series 2005-2-A (1 mo. Term SOFR + 0.77%, 0.66% Floor, 10.50% Cap) | 5.09% | 08/25/2035 | 153455 |
|  | Nomura Asset Acceptance Corp. |  |  |  |
| 14829 | &nbsp;&nbsp;Series 2005-AP1-2A5 | 5.36 %<sup>(d)</sup> | 02/25/2035 | 14678 |
| 12447474 | &nbsp;&nbsp;Series 2006-AF1-1A2 | 6.16 %<sup>(b)</sup> | 05/25/2036 | 2248450 |
| 2529549 | &nbsp;&nbsp;Series 2006-AF1-1A3Pool 06-AF1 | 6.41 %<sup>(b)</sup> | 05/25/2036 | 456407 |
| 13644101 | &nbsp;&nbsp;Series 2006-AP1-A2 | 5.52 %<sup>(b)</sup> | 01/25/2036 | 3916015 |
| 2306140 | &nbsp;&nbsp;Series 2006-AP1-A3 | 5.65 %<sup>(b)</sup> | 01/25/2036 | 661631 |
| 1076061 | &nbsp;&nbsp;Series 2006-WF1-A2 | 5.76 %<sup>(b)</sup> | 06/25/2036 | 284524 |
|  | Nomura Home Equity Loan, Inc. |  |  |  |
| 14453800 | &nbsp;&nbsp;Series 2006-AF1-A2 | 6.30 %<sup>(d)</sup> | 10/25/2036 | 2987151 |
| 2419600 | &nbsp;&nbsp;Series 2007-1-1A1 | 6.56 %<sup>(d)</sup> | 02/25/2037 | 642908 |
| 12059845 | &nbsp;&nbsp;Series 2007-1-1A3 | 6.49 %<sup>(d)</sup> | 02/25/2037 | 3205039 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Nomura Resecuritization Trust |  |  |  |
| 2712297 | &nbsp;&nbsp;Series 2014-1R-6A7 | 6.05 %<sup>(a)(b)</sup> | 08/26/2036 | 2328973 |
| 3630096 | &nbsp;&nbsp;Series 2014-2R-4A9 | 3.96 %<sup>(a)(d)</sup> | 07/26/2036 | 2911906 |
| 7843217 | &nbsp;&nbsp;Series 2015-4R-5A2 (1 mo. Term SOFR + 0.54%, 0.43% Floor) | 6.24 %<sup>(a)(g)</sup> | 03/26/2036 | 5829709 |
|  | Novastar Home Equity Loan |  |  |  |
| 14600000 | &nbsp;&nbsp;Series 2005-3-M4 (1 mo. Term SOFR + 1.00%, 0.89% Floor, 11.00% Cap) | 5.32% | 01/25/2036 | 12756619 |
| 7128969 | &nbsp;&nbsp;Series 2006-3-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor, 11.00% Cap) | 4.75% | 10/25/2036 | 3238381 |
|  | NRZ Excess Spread-Collateralized Notes |  |  |  |
| 25456168 | &nbsp;&nbsp;Series 2020-PLS1-A | 3.84 %<sup>(a)</sup> | 12/25/2025 | 25206718 |
| 22108885 | &nbsp;&nbsp;Series 2021-FHT1-A | 3.10 %<sup>(a)</sup> | 07/25/2026 | 21592256 |
|  | Onslow Bay Mortgage Loan Trust |  |  |  |
| 9694000 | &nbsp;&nbsp;Series 2021-NQM3-M1 | 2.33 %<sup>(a)(b)</sup> | 07/25/2061 | 5757532 |
| 4169968 | &nbsp;&nbsp;Series 2024-NQM12-A1 | 5.48 %<sup>(a)(d)</sup> | 07/25/2064 | 4173134 |
|  | Option One Mortgage Loan Trust |  |  |  |
| 635978 | &nbsp;&nbsp;Series 2004-3-M3 (1 mo. Term SOFR + 1.09%, 0.98% Floor) | 5.41% | 11/25/2034 | 670218 |
| 5102722 | &nbsp;&nbsp;Series 2007-1-2A3 (1 mo. Term SOFR + 0.25%, 0.14% Floor) | 4.71% | 01/25/2037 | 2993853 |
| 46152978 | &nbsp;&nbsp;Series 2007-6-1A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62% | 07/25/2037 | 41018086 |
|  | PennyMac Mortgage Investment Trust |  |  |  |
| 67663000 | &nbsp;&nbsp;Series 2021-FT1-A (1 mo. Term SOFR + 3.11%, 3.12% Floor) | 7.43 %<sup>(a)</sup> | 03/25/2026 | 68034544 |
|  | People's Choice Home Loan Securities Trust |  |  |  |
| 10080000 | &nbsp;&nbsp;Series 2005-1-M5 (1 mo. Term SOFR + 1.61%, 1.50% Floor, 15.00% Cap) | 5.93% | 01/25/2035 | 7638645 |
|  | PHH Alternative Mortgage Trust |  |  |  |
| 2365837 | &nbsp;&nbsp;Series 2007-1-1A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 10.10% Cap) | 4.75% | 02/25/2037 | 1753044 |
| 5553737 | &nbsp;&nbsp;Series 2007-2-2A1 | 6.00% | 05/25/2037 | 4874256 |
| 2591464 | &nbsp;&nbsp;Series 2007-2-2A2 | 6.00% | 05/25/2037 | 2274407 |
| 159107 | &nbsp;&nbsp;Series 2007-2-3A1 | 6.00% | 05/25/2037 | 147615 |
|  | PR Mortgage Loan Trust |  |  |  |
| 92868273 | &nbsp;&nbsp;Series 2014-1-APT | 5.86 %<sup>(a)(b)</sup> | 10/25/2049 | 88922745 |
|  | Pretium Mortgage Credit Partners LLC |  |  |  |
| 11099941 | &nbsp;&nbsp;Series 2021-RN2-A1 | 4.74 %<sup>(a)(d)</sup> | 07/25/2051 | 11045733 |
| 23545886 | &nbsp;&nbsp;Series 2021-RN4-A1 | 5.49 %<sup>(a)(b)</sup> | 10/25/2051 | 23544638 |
| 19410623 | &nbsp;&nbsp;Series 2024-NPL6-A1 | 5.93 %<sup>(a)(d)</sup> | 10/25/2054 | 19393893 |
| 22644315 | &nbsp;&nbsp;Series 2024-NPL7-A1 | 5.93 %<sup>(a)(d)</sup> | 10/25/2054 | 22602115 |
| 57388312 | &nbsp;&nbsp;Series 2024-NPL9-A1 | 5.85 %<sup>(a)(d)</sup> | 12/25/2054 | 57496805 |
| 64990158 | &nbsp;&nbsp;Series 2025-NPL2-A1 | 5.84 %<sup>(a)(d)</sup> | 03/25/2055 | 64794155 |
|  | Prime Mortgage Trust |  |  |  |
| 3630916 | &nbsp;&nbsp;Series 2006-DR1-2A1Pool DR12A1 | 5.50 %<sup>(a)</sup> | 05/25/2035 | 3407982 |
| 2171747 | &nbsp;&nbsp;Series 2006-DR1-2A2 | 6.00 %<sup>(a)</sup> | 05/25/2035 | 1862796 |
|  | Progress Residential Trust |  |  |  |
| 49259934 | &nbsp;&nbsp;Series 2021-SFR10-E1 | 3.57 %<sup>(a)</sup> | 12/17/2040 | 46764894 |
| 20442634 | &nbsp;&nbsp;Series 2021-SFR10-E2 | 3.67 %<sup>(a)</sup> | 12/17/2040 | 19410254 |
| 11073093 | &nbsp;&nbsp;Series 2021-SFR10-F | 4.61 %<sup>(a)</sup> | 12/17/2040 | 10773276 |
| 7000000 | &nbsp;&nbsp;Series 2021-SFR5-E1 | 2.21 %<sup>(a)</sup> | 07/17/2038 | 6780566 |
| 25000000 | &nbsp;&nbsp;Series 2021-SFR8-E1 | 2.38 %<sup>(a)</sup> | 10/17/2038 | 24232960 |
| 23900000 | &nbsp;&nbsp;Series 2021-SFR8-E2 | 2.53 %<sup>(a)</sup> | 10/17/2038 | 23142877 |
| 19900000 | &nbsp;&nbsp;Series 2021-SFR8-F | 3.18 %<sup>(a)</sup> | 10/17/2038 | 19336725 |
| 13000000 | &nbsp;&nbsp;Series 2025-SFR3-D | 3.39 %<sup>(a)</sup> | 07/17/2030 | 11629918 |
|  | PRPM LLC |  |  |  |
| 6371092 | &nbsp;&nbsp;Series 2020-4-A2 | 9.19 %<sup>(a)(d)(g)</sup> | 10/25/2025 | 6359248 |
| 25045934 | &nbsp;&nbsp;Series 2024-6-A1 | 5.70 %<sup>(a)(d)</sup> | 11/25/2029 | 25123281 |
| 26716843 | &nbsp;&nbsp;Series 2024-7-A1 | 5.87 %<sup>(a)(d)</sup> | 11/25/2029 | 26729004 |
| 93972585 | &nbsp;&nbsp;Series 2024-8-A1 | 5.90 %<sup>(a)(d)</sup> | 12/25/2029 | 93429113 |
| 21454989 | &nbsp;&nbsp;Series 2024-NQM4-A1 | 5.67 %<sup>(a)(d)</sup> | 12/26/2069 | 21501872 |
| 30769524 | &nbsp;&nbsp;Series 2025-3-A1 | 6.26 %<sup>(a)(d)</sup> | 05/25/2030 | 31499869 |
| 45150000 | &nbsp;&nbsp;Series 2025-4-A1 | 6.18 %<sup>(a)(d)</sup> | 06/25/2030 | 45761105 |
|  | Racers |  |  |  |
| 13085000 | &nbsp;&nbsp;Series 2006-2-M2 (1 mo. Term SOFR + 0.40%, 0.29% Floor) | 4.72% | 09/25/2036 | 10524510 |
|  | RALI Trust |  |  |  |
| 13563571 | &nbsp;&nbsp;Series 2005-QA11-4A1 | 5.58 %<sup>(b)</sup> | 10/25/2035 | 9917519 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 6718343 | &nbsp;&nbsp;Series 2005-QA13-2A1 | 5.31 %<sup>(b)</sup> | 12/25/2035 | 5927534 |
| 5045144 | &nbsp;&nbsp;Series 2005-QA3-CB1 | 4.12 %<sup>(b)</sup> | 03/25/2035 | 1968548 |
| 150170 | &nbsp;&nbsp;Series 2005-QS12-A11 (-11 x 1 mo. Term SOFR + 49.89%, 0.00% Floor, 51.15% Cap) | 2.38 %<sup>(h)</sup> | 08/25/2035 | 143521 |
| 552351 | &nbsp;&nbsp;Series 2005-QS13-1A6 | 5.50% | 09/25/2035 | 440451 |
| 1251932 | &nbsp;&nbsp;Series 2005-QS13-2A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.75% Cap) | 5.13% | 09/25/2035 | 991252 |
| 5132919 | &nbsp;&nbsp;Series 2005-QS13-2A2 (-1 x 1 mo. Term SOFR + 4.94%, 0.00% Floor, 5.05% Cap) | 0.62 %<sup>(f)(h)</sup> | 09/25/2035 | 252619 |
| 4890179 | &nbsp;&nbsp;Series 2005-QS14-2A1 | 6.00% | 09/25/2035 | 1501010 |
| 1118433 | &nbsp;&nbsp;Series 2005-QS15-2A | 6.00% | 10/25/2035 | 970682 |
| 1128395 | &nbsp;&nbsp;Series 2005-QS15-3A | 6.00% | 10/25/2035 | 998194 |
| 1064665 | &nbsp;&nbsp;Series 2005-QS16-A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.50% Cap) | 5.13% | 11/25/2035 | 880855 |
| 1064481 | &nbsp;&nbsp;Series 2005-QS16-A2 (-1 x 1 mo. Term SOFR + 4.69%, 0.00% Floor, 4.80% Cap) | 0.37 %<sup>(f)(h)</sup> | 11/25/2035 | 40386 |
| 593942 | &nbsp;&nbsp;Series 2005-QS17-A1 | 6.00% | 12/25/2035 | 515396 |
| 614574 | &nbsp;&nbsp;Series 2005-QS17-A10 | 6.00% | 12/25/2035 | 533300 |
| 1721370 | &nbsp;&nbsp;Series 2005-QS17-A11 | 6.00% | 12/25/2035 | 1493728 |
| 1223495 | &nbsp;&nbsp;Series 2005-QS17-A2 (1 mo. Term SOFR + 0.96%, 0.85% Floor, 6.00% Cap) | 5.28% | 12/25/2035 | 1025768 |
| 1223495 | &nbsp;&nbsp;Series 2005-QS17-A4 (-1 x 1 mo. Term SOFR + 5.04%, 0.00% Floor, 5.15% Cap) | 0.72 %<sup>(f)(h)</sup> | 12/25/2035 | 62399 |
| 984462 | &nbsp;&nbsp;Series 2005-QS17-A6 | 6.00% | 12/25/2035 | 854272 |
| 417060 | &nbsp;&nbsp;Series 2005-QS5-A3 | 5.70% | 04/25/2035 | 427170 |
| 499830 | &nbsp;&nbsp;Series 2006-QS1-A6 (-8 x 1 mo. Term SOFR + 41.98%, 0.00% Floor, 42.86% Cap) | 8.87 %<sup>(h)</sup> | 01/25/2036 | 485368 |
| 1588425 | &nbsp;&nbsp;Series 2006-QS10-A1 | 6.00% | 08/25/2036 | 1375357 |
| 488457 | &nbsp;&nbsp;Series 2006-QS10-A4 | 5.75% | 08/25/2036 | 417423 |
| 3396066 | &nbsp;&nbsp;Series 2006-QS11-1A1 | 6.50% | 08/25/2036 | 2783222 |
| 1004263 | &nbsp;&nbsp;Series 2006-QS12-1A1 | 6.50% | 09/25/2036 | 418574 |
| 1478739 | &nbsp;&nbsp;Series 2006-QS12-2A18 | 5.75% | 09/25/2036 | 1180327 |
| 2299639 | &nbsp;&nbsp;Series 2006-QS14-A18 | 6.25% | 11/25/2036 | 1907642 |
| 1032441 | &nbsp;&nbsp;Series 2006-QS15-A1 | 6.50% | 10/25/2036 | 898234 |
| 442387 | &nbsp;&nbsp;Series 2006-QS16-A10 | 6.00% | 11/25/2036 | 351702 |
| 1573058 | &nbsp;&nbsp;Series 2006-QS16-A11 | 6.00% | 11/25/2036 | 1250833 |
| 1253876 | &nbsp;&nbsp;Series 2006-QS16-A7 | 6.00% | 11/25/2036 | 996843 |
| 496213 | &nbsp;&nbsp;Series 2006-QS16-A8 | 6.00% | 11/25/2036 | 394493 |
| 196361 | &nbsp;&nbsp;Series 2006-QS16-A9 | 6.00% | 11/25/2036 | 156108 |
| 904373 | &nbsp;&nbsp;Series 2006-QS17-A4 | 6.00% | 12/25/2036 | 756683 |
| 5024303 | &nbsp;&nbsp;Series 2006-QS17-A5 | 6.00% | 12/25/2036 | 4203806 |
| 3334535 | &nbsp;&nbsp;Series 2006-QS3-1A11 | 6.00% | 03/25/2036 | 3008241 |
| 865825 | &nbsp;&nbsp;Series 2006-QS4-A8 (-790 x 1 mo. Term SOFR + 5,052.56%, 0.10% Floor, 8.00% Cap) | 8.00 %<sup>(h)</sup> | 04/25/2036 | 732891 |
| 3424530 | &nbsp;&nbsp;Series 2006-QS4-A9 | 6.00% | 04/25/2036 | 2798909 |
| 2005048 | &nbsp;&nbsp;Series 2006-QS5-A3 | 6.00% | 05/25/2036 | 1681544 |
| 5975799 | &nbsp;&nbsp;Series 2006-QS5-A4 | 6.00% | 05/25/2036 | 5011635 |
| 1055918 | &nbsp;&nbsp;Series 2006-QS6-1A16 | 6.00% | 06/25/2036 | 865039 |
| 1531908 | &nbsp;&nbsp;Series 2006-QS6-1A2 | 6.00% | 06/25/2036 | 1254984 |
| 2897443 | &nbsp;&nbsp;Series 2006-QS8-A1 | 6.00% | 08/25/2036 | 2423234 |
| 5024589 | &nbsp;&nbsp;Series 2006-QS8-A5 (-1 x 1 mo. Term SOFR + 5.44%, 0.00% Floor, 5.55% Cap) | 1.12 %<sup>(f)(h)</sup> | 08/25/2036 | 376532 |
| 1811021 | &nbsp;&nbsp;Series 2006-QS9-1A6 (-1 x 1 mo. Term SOFR + 5.19%, 0.00% Floor, 5.30% Cap) | 0.87 %<sup>(f)(h)</sup> | 07/25/2036 | 110438 |
| 17722200 | &nbsp;&nbsp;Series 2007-QA5-1A1 | 6.38 %<sup>(b)</sup> | 09/25/2037 | 10920786 |
| 23990203 | &nbsp;&nbsp;Series 2007-QH5-AII (1 mo. Term SOFR + 0.57%, 0.46% Floor) | 4.89% | 06/25/2037 | 10656103 |
| 8968229 | &nbsp;&nbsp;Series 2007-QH7-2A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor) | 5.03% | 08/25/2037 | 8305108 |
| 6385658 | &nbsp;&nbsp;Series 2007-QS1-1A2 (-1 x 1 mo. Term SOFR + 5.34%, 0.00% Floor, 5.45% Cap) | 1.02 %<sup>(f)(h)</sup> | 01/25/2037 | 438896 |
| 642784 | &nbsp;&nbsp;Series 2007-QS1-1A4 | 6.00% | 01/25/2037 | 512504 |
| 1558472 | &nbsp;&nbsp;Series 2007-QS1-2A10 | 6.00% | 01/25/2037 | 1192062 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 18960709 | &nbsp;&nbsp;Series 2007-QS10-A1 | 6.50% | 09/25/2037 | 15822662 |
| 2034127 | &nbsp;&nbsp;Series 2007-QS11-A1 | 7.00% | 10/25/2037 | 1625744 |
| 2019045 | &nbsp;&nbsp;Series 2007-QS2-A6 | 6.25% | 01/25/2037 | 1687784 |
| 10921791 | &nbsp;&nbsp;Series 2007-QS3-A1 | 6.50% | 02/25/2037 | 9202019 |
| 1741548 | &nbsp;&nbsp;Series 2007-QS3-A4 | 6.25% | 02/25/2037 | 1444478 |
| 2598408 | &nbsp;&nbsp;Series 2007-QS4-3A3 | 6.00% | 03/25/2037 | 2226842 |
| 1139258 | &nbsp;&nbsp;Series 2007-QS5-A1 | 5.50% | 03/25/2037 | 937742 |
| 469990 | &nbsp;&nbsp;Series 2007-QS5-A5 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 7.00% Cap) | 4.73% | 03/25/2037 | 356672 |
| 1560945 | &nbsp;&nbsp;Series 2007-QS5-A8 (-1 x 1 mo. Term SOFR + 6.59%, 0.00% Floor, 6.70% Cap) | 2.27 %<sup>(f)(h)</sup> | 03/25/2037 | 205816 |
| 1305746 | &nbsp;&nbsp;Series 2007-QS6-A102 | 5.75% | 04/25/2037 | 1077603 |
| 419835 | &nbsp;&nbsp;Series 2007-QS6-A13 (-8 x 1 mo. Term SOFR + 54.05%, 0.00% Floor, 55.00% Cap) | 18.05 %<sup>(h)</sup> | 04/25/2037 | 545324 |
| 1869726 | &nbsp;&nbsp;Series 2007-QS6-A45 | 5.75% | 04/25/2037 | 1543041 |
| 2979765 | &nbsp;&nbsp;Series 2007-QS6-A6 | 6.25% | 04/25/2037 | 2536697 |
| 205803 | &nbsp;&nbsp;Series 2007-QS6-A77 (-8 x 1 mo. Term SOFR + 54.88%, 0.00% Floor, 55.83% Cap) | 18.89 %<sup>(h)</sup> | 04/25/2037 | 274133 |
| 5239662 | &nbsp;&nbsp;Series 2007-QS7-2A1 | 6.75% | 06/25/2037 | 1942563 |
| 10832377 | &nbsp;&nbsp;Series 2007-QS9-A33 | 6.50% | 07/25/2037 | 8948881 |
|  | RAMP Trust |  |  |  |
| 1321943 | &nbsp;&nbsp;Series 2004-RS7-A3 | 5.79 %<sup>(b)</sup> | 07/25/2034 | 1191753 |
| 4455072 | &nbsp;&nbsp;Series 2006-RS2-A3A (1 mo. Term SOFR + 0.41%, 0.30% Floor, 14.00% Cap) | 5.03% | 03/25/2036 | 4403774 |
| 11142887 | &nbsp;&nbsp;Series 2006-RS3-A4 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 14.00% Cap) | 5.03% | 05/25/2036 | 9441681 |
| 11564651 | &nbsp;&nbsp;Series 2006-RS6-A4 (1 mo. Term SOFR + 0.65%, 0.54% Floor) | 4.97% | 11/25/2036 | 9477251 |
|  | RASC Trust |  |  |  |
| 3860296 | &nbsp;&nbsp;Series 2005-KS4-M5 (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 6.23% | 05/25/2035 | 4012098 |
| 3392232 | &nbsp;&nbsp;Series 2007-EMX1-A13 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 14.00% Cap) | 4.83% | 01/25/2037 | 3462721 |
|  | RBSGC Mortgage Pass Through Certificates |  |  |  |
| 10085467 | &nbsp;&nbsp;Series 2008-B-A1 | 6.00 %<sup>(a)</sup> | 06/25/2037 | 8797134 |
|  | RBSSP Resecuritization Trust |  |  |  |
| 155704 | &nbsp;&nbsp;Series 2009-12-17A2 | 6.48 %<sup>(a)(b)</sup> | 10/25/2035 | 156747 |
| 11783314 | &nbsp;&nbsp;Series 2009-12-20A2 | 4.74 %<sup>(a)(b)</sup> | 12/25/2035 | 10430862 |
| 2899483 | &nbsp;&nbsp;Series 2010-4-7A2 | 6.00 %<sup>(a)</sup> | 07/26/2037 | 1359049 |
|  | Renaissance Home Equity Loan Trust |  |  |  |
| 5355470 | &nbsp;&nbsp;Series 2006-1-AF6 | 5.75 %<sup>(d)</sup> | 05/25/2036 | 2380265 |
|  | Renaissance NIM Trust |  |  |  |
| 2062139 | &nbsp;&nbsp;Series 2006-2-AF5 | 6.25 %<sup>(d)</sup> | 08/25/2036 | 791866 |
| 17385181 | &nbsp;&nbsp;Series 2006-3-AF3 | 5.59 %<sup>(d)</sup> | 11/25/2036 | 5623931 |
| 18049871 | &nbsp;&nbsp;Series 2006-3-AF4 | 5.81 %<sup>(d)</sup> | 11/25/2036 | 6075722 |
| 2933947 | &nbsp;&nbsp;Series 2006-3-AF5 | 6.12 %<sup>(d)</sup> | 11/25/2036 | 1040359 |
| 10257172 | &nbsp;&nbsp;Series 2006-4-AF4 | 5.47 %<sup>(d)</sup> | 01/25/2037 | 3237354 |
| 20198460 | &nbsp;&nbsp;Series 2006-4-AF5 | 5.69 %<sup>(d)</sup> | 01/25/2037 | 6624661 |
| 8192822 | &nbsp;&nbsp;Series 2007-1-AF1 | 5.74 %<sup>(d)</sup> | 04/25/2037 | 1946118 |
| 5779950 | &nbsp;&nbsp;Series 2007-1-AF1Z | 5.35 %<sup>(d)</sup> | 04/25/2037 | 1298569 |
| 3486895 | &nbsp;&nbsp;Series 2007-1-AF2 | 5.51 %<sup>(d)</sup> | 04/25/2037 | 795017 |
| 5072268 | &nbsp;&nbsp;Series 2007-1-AF3 | 5.61 %<sup>(d)</sup> | 04/25/2037 | 1177490 |
| 2781357 | &nbsp;&nbsp;Series 2007-1-AF4 | 5.76 %<sup>(d)</sup> | 04/25/2037 | 662879 |
| 8232817 | &nbsp;&nbsp;Series 2007-1-AF5 | 5.91 %<sup>(d)</sup> | 04/25/2037 | 2012875 |
| 17696892 | &nbsp;&nbsp;Series 2007-2-AF2Pool 2007-2 | 5.68 %<sup>(d)</sup> | 06/25/2037 | 4397766 |
| 22755581 | &nbsp;&nbsp;Series 2007-2-AF5 | 6.20 %<sup>(d)</sup> | 06/25/2037 | 6292551 |
|  | Residential Asset Securitization Trust |  |  |  |
| 4382486 | &nbsp;&nbsp;Series 2005-A11-2A4 | 6.00% | 10/25/2035 | 1852233 |
| 1040931 | &nbsp;&nbsp;Series 2005-A12-A7 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap) | 0.57 %<sup>(f)(h)</sup> | 11/25/2035 | 83905 |
| 1392808 | &nbsp;&nbsp;Series 2005-A12-A8 (1 mo. Term SOFR + 0.66%, 0.55% Floor, 5.50% Cap) | 4.98% | 11/25/2035 | 672516 |
| 1382952 | &nbsp;&nbsp;Series 2005-A15-1A7 | 6.00% | 02/25/2036 | 1356324 |
| 6927749 | &nbsp;&nbsp;Series 2005-A15-5A3 | 5.75% | 02/25/2036 | 2320569 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 7145003 | &nbsp;&nbsp;Series 2005-A16-A1 | 5.00% | 02/25/2036 | 2430092 |
| 2586076 | &nbsp;&nbsp;Series 2005-A8CB-A11 | 6.00% | 07/25/2035 | 1528370 |
| 2621990 | &nbsp;&nbsp;Series 2005-A8CB-A2 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap) | 0.57 %<sup>(f)(h)</sup> | 07/25/2035 | 153326 |
| 641036 | &nbsp;&nbsp;Series 2006-A1-1A3 | 6.00% | 04/25/2036 | 274031 |
| 10168929 | &nbsp;&nbsp;Series 2006-A1-3A2 | 6.00% | 04/25/2036 | 4426660 |
| 4987307 | &nbsp;&nbsp;Series 2006-A10-A5 | 6.50% | 09/25/2036 | 1512828 |
| 7033289 | &nbsp;&nbsp;Series 2006-A12-A1 | 6.25% | 11/25/2036 | 2556066 |
| 7190986 | &nbsp;&nbsp;Series 2006-A13-A1 | 6.25% | 12/25/2036 | 2382213 |
| 14049094 | &nbsp;&nbsp;Series 2006-A14C-2A6 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap) | 4.88% | 12/25/2036 | 2959360 |
| 31004243 | &nbsp;&nbsp;Series 2006-A14C-2A7 (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap) | 2.12 %<sup>(f)(h)</sup> | 12/25/2036 | 3568684 |
| 5475467 | &nbsp;&nbsp;Series 2006-A2-A11 | 6.00% | 01/25/2046 | 1978328 |
| 3796793 | &nbsp;&nbsp;Series 2006-A2-A4 | 6.00% | 01/25/2046 | 1370181 |
| 3155504 | &nbsp;&nbsp;Series 2006-A2-A9 | 6.00% | 01/25/2046 | 1138754 |
| 2250431 | &nbsp;&nbsp;Series 2006-A8-1A1 | 6.00% | 08/25/2036 | 1426801 |
| 4456559 | &nbsp;&nbsp;Series 2006-R1-A1 (-4 x 1 mo. Term SOFR + 27.94%, 0.00% Floor, 28.40% Cap) | 10.67 %<sup>(h)</sup> | 01/25/2046 | 3916895 |
| 19370809 | &nbsp;&nbsp;Series 2007-A2-1A2 | 6.00% | 04/25/2037 | 9751494 |
| 702129 | &nbsp;&nbsp;Series 2007-A3-1A2 (-8 x 1 mo. Term SOFR + 45.51%, 0.00% Floor, 46.38% Cap) | 12.39 %<sup>(h)</sup> | 04/25/2037 | 762156 |
| 22912882 | &nbsp;&nbsp;Series 2007-A5-1A4 (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap) | 1.67 %<sup>(f)(h)</sup> | 05/25/2037 | 1348991 |
| 5885661 | &nbsp;&nbsp;Series 2007-A5-1A6 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.50% Cap) | 4.83% | 05/25/2037 | 747557 |
| 4010486 | &nbsp;&nbsp;Series 2007-A5-2A3 | 6.00% | 05/25/2037 | 2048162 |
| 1757591 | &nbsp;&nbsp;Series 2007-A5-2A5 | 6.00% | 05/25/2037 | 897605 |
| 7406997 | &nbsp;&nbsp;Series 2007-A6-1A2 | 6.00% | 06/25/2037 | 3795440 |
| 7757541 | &nbsp;&nbsp;Series 2007-A7-A1 | 6.00% | 07/25/2037 | 2855515 |
| 34122650 | &nbsp;&nbsp;Series 2007-A7-A2 | 6.00% | 07/25/2037 | 12560390 |
| 15119026 | &nbsp;&nbsp;Series 2007-A7-A6 | 6.00% | 07/25/2037 | 5565244 |
|  | RESIDENTIAL MORTGAGE LOAN TRUST |  |  |  |
| 6300000 | &nbsp;&nbsp;Series 2020-2-M1 | 3.57 %<sup>(a)(b)</sup> | 05/25/2060 | 5996053 |
|  | RFMSI Trust |  |  |  |
| 3102614 | &nbsp;&nbsp;Series 2006-S10-1A1 | 6.00% | 10/25/2036 | 2521325 |
| 952544 | &nbsp;&nbsp;Series 2006-S5-A12 | 6.00% | 06/25/2036 | 816240 |
| 65215 | &nbsp;&nbsp;Series 2006-S5-A15 | 6.00% | 06/25/2036 | 55883 |
| 1930282 | &nbsp;&nbsp;Series 2006-S9-A1 | 6.25% | 09/25/2036 | 1590701 |
| 2162913 | &nbsp;&nbsp;Series 2007-S1-A7 | 6.00% | 01/25/2037 | 1773765 |
| 1290466 | &nbsp;&nbsp;Series 2007-S2-A1 | 6.00% | 02/25/2037 | 992621 |
| 1453852 | &nbsp;&nbsp;Series 2007-S2-A4 | 6.00% | 02/25/2037 | 1118297 |
| 2714176 | &nbsp;&nbsp;Series 2007-S2-A5 | 6.00% | 02/25/2037 | 2087733 |
| 1334426 | &nbsp;&nbsp;Series 2007-S3-1A4 | 6.00% | 03/25/2037 | 969529 |
| 1147813 | &nbsp;&nbsp;Series 2007-S4-A1 | 6.00% | 04/25/2037 | 882831 |
| 642809 | &nbsp;&nbsp;Series 2007-S4-A2 | 6.00% | 04/25/2037 | 494409 |
| 9081052 | &nbsp;&nbsp;Series 2007-S5-A1 | 6.00% | 05/25/2037 | 7623076 |
| 2631725 | &nbsp;&nbsp;Series 2007-S5-A8 | 6.00% | 05/25/2037 | 2209721 |
| 1061320 | &nbsp;&nbsp;Series 2007-S6-2A4 | 6.00% | 06/25/2037 | 824619 |
| 7247410 | &nbsp;&nbsp;Series 2007-S7-A20 | 6.00% | 07/25/2037 | 5866556 |
| 3796865 | &nbsp;&nbsp;Series 2007-S8-1A1 | 6.00% | 09/25/2037 | 2610402 |
| 2479497 | &nbsp;&nbsp;Series 2007-SA2-2A1 | 5.59 %<sup>(b)</sup> | 04/25/2037 | 2146923 |
|  | Rithm Capital Corp. |  |  |  |
| 62504400 | &nbsp;&nbsp;Series 2020-RPL1-M1 | 3.25 %<sup>(a)(b)</sup> | 11/25/2059 | 54947312 |
| 16345550 | &nbsp;&nbsp;Series 2020-RPL1-M2 | 3.50 %<sup>(a)(b)</sup> | 11/25/2059 | 14086278 |
|  | Santander US Capital Markets LLC |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2025-NQM3-A3 | 6.06 %<sup>(a)(d)</sup> | 05/25/2065 | 3040413 |
| 3000000 | &nbsp;&nbsp;Series 2025-NQM3-M1 | 6.33 %<sup>(a)(b)</sup> | 05/25/2065 | 3042810 |
|  | Securitized Asset Backed Receivables LLC |  |  |  |
| 3324140 | &nbsp;&nbsp;Series 2006-NC3-A2B (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73% | 09/25/2036 | 1115861 |
| 4929728 | &nbsp;&nbsp;Series 2007-BR3-A2A (1 mo. Term SOFR + 0.25%, 0.14% Floor) | 4.57% | 04/25/2037 | 3286177 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 4818039 | &nbsp;&nbsp;Series 2007-BR3-A2B (1 mo. Term SOFR + 0.55%, 0.44% Floor) | 4.87% | 04/25/2037 | 3211523 |
| 13311804 | &nbsp;&nbsp;Series 2007-BR4-A2B (1 mo. Term SOFR + 0.51%, 0.40% Floor) | 4.83% | 05/25/2037 | 8078580 |
|  | Securitized Mortgage Asset Loan Trust |  |  |  |
| 167914023 | &nbsp;&nbsp;Series 2015-1-PC | 2.99 %<sup>(a)(b)</sup> | 02/25/2054 | 145227227 |
|  | Sequoia Mortgage Trust |  |  |  |
| 31732 | &nbsp;&nbsp;Series 2003-4-2A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 11.50% Cap) | 5.13% | 07/20/2033 | 31545 |
|  | SG Mortgage Securities Trust |  |  |  |
| 1829213 | &nbsp;&nbsp;Series 2006-FRE1-A1A (1 mo. Term SOFR + 0.45%, 0.34% Floor) | 4.77% | 02/25/2036 | 1793179 |
| 2361314 | &nbsp;&nbsp;Series 2006-FRE1-A2C (1 mo. Term SOFR + 0.65%, 0.54% Floor) | 4.97% | 02/25/2036 | 1167384 |
|  | Soundview Home Equity Loan Trust |  |  |  |
| 11316760 | &nbsp;&nbsp;Series 2007-NS1-M1 (1 mo. Term SOFR + 0.64%, 0.53% Floor) | 4.96% | 01/25/2037 | 10830110 |
| 2977831 | &nbsp;&nbsp;Series 2007-OPT1-2A2 (1 mo. Term SOFR + 0.26%, 0.15% Floor) | 4.58% | 06/25/2037 | 1960542 |
| 5226648 | &nbsp;&nbsp;Series 2007-OPT3-1A1 (1 mo. Term SOFR + 0.28%, 0.17% Floor) | 4.60% | 08/25/2037 | 4573345 |
| 17059350 | &nbsp;&nbsp;Series 2007-OPT4-1A1 (1 mo. Term SOFR + 1.11%, 1.00% Floor) | 5.43% | 09/25/2037 | 12389725 |
| 40789143 | &nbsp;&nbsp;Series 2007-WM1W-2A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor) | 4.05% | 02/25/2037 | 33898600 |
|  | Specialty Underwriting & Residential Finance |  |  |  |
| 3598251 | &nbsp;&nbsp;Series 2006-BC2-A2B | 3.94 %<sup>(d)</sup> | 02/25/2037 | 1172184 |
| 11967393 | &nbsp;&nbsp;Series 2007-AB1-A2C (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 03/25/2037 | 6119909 |
|  | Spruce Hill Mortgage Loan Trust |  |  |  |
| 5919230 | &nbsp;&nbsp;Series 2020-SH1-M1 | 3.22 %<sup>(a)(b)</sup> | 01/28/2050 | 5860718 |
|  | Starwood Mortgage Residential Trust |  |  |  |
| 6329000 | &nbsp;&nbsp;Series 2021-1-B2 | 4.52 %<sup>(a)(b)</sup> | 05/25/2065 | 4955006 |
| 5000000 | &nbsp;&nbsp;Series 2021-2-B1 | 2.75 %<sup>(a)(b)</sup> | 05/25/2065 | 4085820 |
| 7110000 | &nbsp;&nbsp;Series 2021-2-B2 | 3.00 %<sup>(a)(b)</sup> | 05/25/2065 | 5023642 |
| 9103000 | &nbsp;&nbsp;Series 2021-5-M1 | 3.25 %<sup>(a)(b)</sup> | 09/25/2066 | 6563695 |
|  | Structured Adjustable Rate Mortgage Loan Trust |  |  |  |
| 956630 | &nbsp;&nbsp;Series 2005-22-4A1 | 5.50 %<sup>(b)</sup> | 12/25/2035 | 889639 |
| 7247985 | &nbsp;&nbsp;Series 2006-1-8A1 | 4.90 %<sup>(b)</sup> | 02/25/2036 | 3773488 |
| 2002363 | &nbsp;&nbsp;Series 2006-12-2A1 | 4.49 %<sup>(b)</sup> | 01/25/2037 | 1451728 |
| 800271 | &nbsp;&nbsp;Series 2006-8-4A4 | 5.06 %<sup>(b)</sup> | 09/25/2036 | 715844 |
| 5879443 | &nbsp;&nbsp;Series 2007-7-1A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor) | 5.03% | 08/25/2037 | 5637702 |
|  | Structured Asset Investment Loan Trust |  |  |  |
| 63068165 | &nbsp;&nbsp;Series 2006-3-A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor) | 4.75% | 06/25/2036 | 39320396 |
| 7394845 | &nbsp;&nbsp;Series 2006-4-A1 (1 mo. Term SOFR + 0.46%, 0.35% Floor) | 4.78% | 07/25/2036 | 4245401 |
| 20800000 | &nbsp;&nbsp;Series 2006-4-A5 (1 mo. Term SOFR + 0.73%, 0.62% Floor) | 5.05% | 07/25/2036 | 7476227 |
|  | Structured Asset Mortgage Investments, Inc. |  |  |  |
| 7387417 | &nbsp;&nbsp;Series 2006-AR3-12A2 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 10.50% Cap) | 4.83% | 05/25/2036 | 6055254 |
|  | Structured Asset Securities Corp. |  |  |  |
| 421361 | &nbsp;&nbsp;Series 2003-24A-1A3 | 5.63 %<sup>(b)</sup> | 07/25/2033 | 409656 |
| 8320088 | &nbsp;&nbsp;Series 2005-5-3A1 | 6.00% | 04/25/2035 | 4165215 |
| 59179738 | &nbsp;&nbsp;Series 2006-BC4-A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor) | 4.75% | 12/25/2036 | 33575743 |
| 7060703 | &nbsp;&nbsp;Series 2006-BC4-A4 (1 mo. Term SOFR + 0.45%, 0.34% Floor) | 4.77% | 12/25/2036 | 6896681 |
| 38643484 | &nbsp;&nbsp;Series 2007-4-1A3 (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap) | 1.82 %<sup>(a)(f)(h)</sup> | 03/28/2045 | 2623663 |
| 20127500 | &nbsp;&nbsp;Series 2007-BC4-M1 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 11/25/2037 | 16119489 |
| 11859562 | &nbsp;&nbsp;Series 2007-MN1A-A4 (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.67 %<sup>(a)</sup> | 01/25/2037 | 7323140 |
| 13183014 | &nbsp;&nbsp;Series 2007-RF1-1A (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62 %<sup>(a)</sup> | 03/25/2037 | 10848793 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Suntrust Adjustable Rate Mortgage Loan Trust |  |  |  |
| 3354262 | &nbsp;&nbsp;Series 2007-2-1A1 | 6.43 %<sup>(b)</sup> | 04/25/2037 | 1263959 |
| 993610 | &nbsp;&nbsp;Series 2007-3-1A1 | 6.58 %<sup>(b)</sup> | 06/25/2037 | 469054 |
|  | Suntrust Alternative Loan Trust |  |  |  |
| 163180 | &nbsp;&nbsp;Series 2005-1F-2A3 | 5.75% | 12/25/2035 | 150938 |
| 453997 | &nbsp;&nbsp;Series 2006-1F-1A3 | 6.00% | 04/25/2036 | 153639 |
|  | Terwin Mortgage Trust |  |  |  |
| 10283788 | &nbsp;&nbsp;Series 2006-7-2A3 (1 mo. Term SOFR + 0.65%, 0.54% Floor) | 4.97 %<sup>(a)</sup> | 08/25/2037 | 4496576 |
|  | Thornburg Mortgage Securities Trust |  |  |  |
| 77381 | &nbsp;&nbsp;Series 2003-6-A2 (1 mo. Term SOFR + 1.11%, 1.00% Floor, 11.50% Cap) | 5.43% | 12/25/2033 | 74786 |
| 2042247 | &nbsp;&nbsp;Series 2004-4-5A | 2.96 %<sup>(b)</sup> | 12/25/2044 | 1802891 |
| 4049032 | &nbsp;&nbsp;Series 2007-1-A1 (12 mo. Term SOFR + 2.02%, 0.11% Floor, 10.75% Cap) | 6.05% | 03/25/2037 | 3403243 |
| 1057599 | &nbsp;&nbsp;Series 2007-1-A2A (12 mo. Term SOFR + 2.02%, 0.11% Floor, 10.75% Cap) | 6.05% | 03/25/2037 | 764307 |
|  | Tricon American Homes Trust |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2019-SFR1-E | 3.40 %<sup>(a)</sup> | 03/17/2038 | 4942277 |
| 8900000 | &nbsp;&nbsp;Series 2020-SFR1-D | 2.55 %<sup>(a)</sup> | 07/17/2038 | 8652904 |
| 1600000 | &nbsp;&nbsp;Series 2020-SFR1-E | 3.54 %<sup>(a)</sup> | 07/17/2038 | 1569542 |
|  | Tricon Residential Trust |  |  |  |
| 16000000 | &nbsp;&nbsp;Series 2021-SFR1-B | 2.24 %<sup>(a)</sup> | 07/17/2038 | 15579114 |
| 13250000 | &nbsp;&nbsp;Series 2021-SFR1-C | 2.34 %<sup>(a)</sup> | 07/17/2038 | 12868507 |
| 5250000 | &nbsp;&nbsp;Series 2021-SFR1-D | 2.59 %<sup>(a)</sup> | 07/17/2038 | 5086555 |
| 10000000 | &nbsp;&nbsp;Series 2021-SFR1-E2 | 2.89 %<sup>(a)</sup> | 07/17/2038 | 9708274 |
| 11300000 | &nbsp;&nbsp;Series 2021-SFR1-F | 3.69 %<sup>(a)</sup> | 07/17/2038 | 11044523 |
|  | VCAT Asset Securitization LLC |  |  |  |
| 62085202 | &nbsp;&nbsp;Series 2025-NPL1-A1 | 5.88 %<sup>(a)(d)</sup> | 01/25/2055 | 62252062 |
| 35178934 | &nbsp;&nbsp;Series 2025-NPL2-A1 | 5.98 %<sup>(a)(d)</sup> | 01/25/2055 | 35276084 |
|  | Velocity Commercial Capital Loan Trust |  |  |  |
| 2114823 | &nbsp;&nbsp;Series 2017-2-AFX | 3.07 %<sup>(a)(b)</sup> | 11/25/2047 | 2079689 |
| 5517306 | &nbsp;&nbsp;Series 2018-2-A | 4.05 %<sup>(a)(b)</sup> | 10/26/2048 | 5388169 |
| 16466903 | &nbsp;&nbsp;Series 2019-1-A | 3.76 %<sup>(a)(b)</sup> | 03/25/2049 | 15798945 |
| 1927527 | &nbsp;&nbsp;Series 2019-1-M4 | 4.61 %<sup>(a)(b)</sup> | 03/25/2049 | 1644361 |
| 5246070 | &nbsp;&nbsp;Series 2019-2-A | 3.13 %<sup>(a)(b)</sup> | 07/25/2049 | 5026050 |
| 1998698 | &nbsp;&nbsp;Series 2019-2-M1 | 3.26 %<sup>(a)(b)</sup> | 07/25/2049 | 1821807 |
| 1616211 | &nbsp;&nbsp;Series 2020-1-M4 | 3.54 %<sup>(a)(b)</sup> | 02/25/2050 | 1166537 |
| 46179584 | &nbsp;&nbsp;Series 2024-6-A | 5.81 %<sup>(a)(b)</sup> | 12/25/2054 | 46481248 |
| 26002184 | &nbsp;&nbsp;Series 2025-1-A | 6.03 %<sup>(a)(b)</sup> | 02/25/2055 | 26287074 |
|  | Vericrest Opportunity Loan Transferee |  |  |  |
| 8523362 | &nbsp;&nbsp;Series 2021-CF1-A1 | 4.99 %<sup>(a)(d)</sup> | 08/25/2051 | 8529952 |
| 8811090 | &nbsp;&nbsp;Series 2021-CF2-A1 | 5.49 %<sup>(a)(d)</sup> | 11/27/2051 | 8797411 |
| 4977817 | &nbsp;&nbsp;Series 2021-NPL3-A1 | 6.24 %<sup>(a)(d)</sup> | 02/27/2051 | 4979465 |
| 450914 | &nbsp;&nbsp;Series 2021-NPL5-A1 | 6.12 %<sup>(a)(d)</sup> | 03/27/2051 | 451115 |
| 3883177 | &nbsp;&nbsp;Series 2021-NPL6-A1 | 6.24 %<sup>(a)(d)</sup> | 04/25/2051 | 3882254 |
| 875096 | &nbsp;&nbsp;Series 2021-NPL9-A1 | 5.99 %<sup>(a)(d)</sup> | 05/25/2051 | 874504 |
|  | Verus Securitization Trust |  |  |  |
| 6100000 | &nbsp;&nbsp;Series 2021-3-M1 | 2.40 %<sup>(a)(b)</sup> | 06/25/2066 | 4459855 |
| 4588000 | &nbsp;&nbsp;Series 2021-4-B1 | 3.05 %<sup>(a)(b)</sup> | 07/25/2066 | 3048469 |
| 2300000 | &nbsp;&nbsp;Series 2021-4-B2 | 3.81 %<sup>(a)(b)</sup> | 07/25/2066 | 1577814 |
| 2500000 | &nbsp;&nbsp;Series 2021-4-M1 | 2.20 %<sup>(a)(b)</sup> | 07/25/2066 | 1638161 |
| 6651000 | &nbsp;&nbsp;Series 2021-5-B1 | 3.04 %<sup>(a)(b)</sup> | 09/25/2066 | 4678730 |
| 9255000 | &nbsp;&nbsp;Series 2021-5-M1 | 2.33 %<sup>(a)(b)</sup> | 09/25/2066 | 6544943 |
|  | Voyager OPTONE Delaware Trust |  |  |  |
| 5633367 | &nbsp;&nbsp;Series 2009-1-SAC3 | 3.67 %<sup>(a)(b)</sup> | 02/25/2038 | 4316750 |
|  | WAMU Asset-Backed Certificates |  |  |  |
| 7165939 | &nbsp;&nbsp;Series 2007-HE1-2A2 (1 mo. Term SOFR + 0.33%, 0.33% Floor) | 4.65% | 01/25/2037 | 3254130 |
| 12617576 | &nbsp;&nbsp;Series 2007-HE4-1A (1 mo. Term SOFR + 0.28%, 0.28% Floor) | 4.60% | 07/25/2047 | 9463303 |
|  | WaMu Mortgage Pass Through Certificates |  |  |  |
| 4520860 | &nbsp;&nbsp;Series 2005-AR19-B1 (1 mo. Term SOFR + 1.16%, 1.05% Floor, 10.50% Cap) | 5.48% | 12/25/2045 | 3943434 |
| 4776244 | &nbsp;&nbsp;Series 2006-AR10-1A1 | 4.82 %<sup>(b)</sup> | 09/25/2036 | 4179531 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 4688698 | &nbsp;&nbsp;Series 2006-AR15-1A (12 Month US Treasury Average + 0.84%, 0.84% Floor) | 5.24% | 11/25/2046 | 3968761 |
| 2957901 | &nbsp;&nbsp;Series 2006-AR5-A12B (12 Month US Treasury Average + 0.98%, 0.98% Floor) | 5.38% | 06/25/2046 | 2714098 |
| 415648 | &nbsp;&nbsp;Series 2006-AR6-2A3 | 4.82 %<sup>(b)</sup> | 08/25/2036 | 375614 |
| 3863543 | &nbsp;&nbsp;Series 2007-HY3-4A1 | 5.10 %<sup>(b)</sup> | 03/25/2037 | 3608846 |
| 6438434 | &nbsp;&nbsp;Series 2007-HY5-1A1 | 4.16 %<sup>(b)</sup> | 05/25/2037 | 5631471 |
|  | Washington Mutual Alternative Mortgage Pass-Through Certificates |  |  |  |
| 3305190 | &nbsp;&nbsp;Series 2005-1-2A | 6.00% | 03/25/2035 | 2880488 |
| 805910 | &nbsp;&nbsp;Series 2005-4-5A1 | 5.50% | 06/25/2035 | 700223 |
| 324558 | &nbsp;&nbsp;Series 2005-5-CB12 (-11 x 1 mo. Term SOFR + 49.34%, 0.00% Floor, 50.60% Cap) | 1.83 %<sup>(h)</sup> | 07/25/2035 | 330071 |
| 1050999 | &nbsp;&nbsp;Series 2005-5-CB6 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 7.50% Cap) | 5.03% | 07/25/2035 | 920681 |
| 255193 | &nbsp;&nbsp;Series 2005-6-2A7 | 5.50% | 08/25/2035 | 226185 |
| 2917051 | &nbsp;&nbsp;Series 2005-7-2CB6 (1 mo. Term SOFR + 1.56%, 1.45% Floor, 6.00% Cap) | 5.88% | 08/25/2035 | 2838728 |
| 265187 | &nbsp;&nbsp;Series 2005-7-2CB7 (-11 x 1 mo. Term SOFR + 48.79%, 0.00% Floor, 50.05% Cap) | 1.28 %<sup>(h)</sup> | 08/25/2035 | 249946 |
| 1998467 | &nbsp;&nbsp;Series 2005-7-3CB | 6.50% | 08/25/2035 | 1706464 |
| 4251247 | &nbsp;&nbsp;Series 2005-8-1A2 | 5.50% | 10/25/2035 | 3974243 |
| 4483180 | &nbsp;&nbsp;Series 2005-9-2A2 | 5.50% | 11/25/2035 | 4156709 |
| 939114 | &nbsp;&nbsp;Series 2005-9-CX | 5.50 %<sup>(f)</sup> | 11/25/2035 | 158688 |
| 3814176 | &nbsp;&nbsp;Series 2006-1-2CB1 | 7.00% | 02/25/2036 | 2838401 |
| 1312766 | &nbsp;&nbsp;Series 2006-1-3A1 | 5.75% | 02/25/2036 | 1242770 |
| 661962 | &nbsp;&nbsp;Series 2006-1-3A2 | 5.75% | 02/25/2036 | 624437 |
| 563034 | &nbsp;&nbsp;Series 2006-1-3A7 | 5.75% | 02/25/2036 | 531373 |
| 1794306 | &nbsp;&nbsp;Series 2006-3-3CB4 | 6.00% | 04/25/2036 | 1569616 |
| 980857 | &nbsp;&nbsp;Series 2006-5-1A8 | 5.75% | 07/25/2036 | 778709 |
| 2249517 | &nbsp;&nbsp;Series 2006-5-2CB1 | 6.00% | 07/25/2036 | 1615328 |
| 4086069 | &nbsp;&nbsp;Series 2006-5-2CB6 | 6.00% | 07/25/2036 | 2934116 |
| 12587890 | &nbsp;&nbsp;Series 2006-5-3A3 | 6.72 %<sup>(d)</sup> | 07/25/2036 | 2739363 |
| 5245680 | &nbsp;&nbsp;Series 2006-5-3A5 | 6.95 %<sup>(d)</sup> | 07/25/2036 | 1140597 |
| 7331000 | &nbsp;&nbsp;Series 2006-8-A4 | 4.11 %<sup>(d)</sup> | 10/25/2036 | 2482413 |
| 2763970 | &nbsp;&nbsp;Series 2006-9-A7 | 4.18 %<sup>(d)</sup> | 10/25/2036 | 845731 |
| 3442022 | &nbsp;&nbsp;Series 2006-AR10-A1 (1 mo. Term SOFR + 0.31%, 0.20% Floor) | 4.63% | 12/25/2036 | 1699584 |
| 4687350 | &nbsp;&nbsp;Series 2006-AR4-2A (12 Month US Treasury Average + 0.95%, 0.95% Floor) | 5.35% | 06/25/2046 | 3496041 |
| 4380544 | &nbsp;&nbsp;Series 2006-AR5-4A (12 Month US Treasury Average + 0.99%, 0.99% Floor) | 5.39% | 06/25/2046 | 3580208 |
| 6371215 | &nbsp;&nbsp;Series 2007-2-1A6 | 6.00% | 04/25/2037 | 5254892 |
| 2603250 | &nbsp;&nbsp;Series 2007-3-A3 | 6.00% | 04/25/2037 | 2313931 |
| 2066055 | &nbsp;&nbsp;Series 2007-4-1A1 | 5.50% | 06/25/2037 | 2013273 |
| 142782 | &nbsp;&nbsp;Series 2007-5-A11 (-6 x 1 mo. Term SOFR + 38.79%, 0.00% Floor, 39.48% Cap) | 12.88 %<sup>(h)</sup> | 06/25/2037 | 161046 |
| 3569547 | &nbsp;&nbsp;Series 2007-5-A6 | 6.00% | 06/25/2037 | 3275333 |
| 4943981 | &nbsp;&nbsp;Series 2007-OC1-A2 (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.67% | 01/25/2047 | 4321881 |
|  | Washington Mutual Asset-Backed Certificates |  |  |  |
| 1028427 | &nbsp;&nbsp;Series 2006-HE2-A4 (1 mo. Term SOFR + 0.59%, 0.48% Floor) | 4.91% | 05/25/2036 | 797412 |
| 18829829 | &nbsp;&nbsp;Series 2007-HE2-2A2 (1 mo. Term SOFR + 0.55%, 0.44% Floor) | 4.87% | 02/25/2037 | 5917108 |
|  | Wells Fargo Alternative Loan Trust |  |  |  |
| 406466 | &nbsp;&nbsp;Series 2007-PA1-A10 | 6.00% | 03/25/2037 | 374020 |
| 1784703 | &nbsp;&nbsp;Series 2007-PA1-A3 | 6.00% | 03/25/2037 | 1642241 |
| 1538804 | &nbsp;&nbsp;Series 2007-PA1-A5 | 6.00% | 03/25/2037 | 1415971 |
| 2522023 | &nbsp;&nbsp;Series 2007-PA1-A6 | 6.00% | 03/25/2037 | 2320705 |
| 10021376 | &nbsp;&nbsp;Series 2007-PA2-1A1 | 6.00% | 06/25/2037 | 9145270 |
| 1406640 | &nbsp;&nbsp;Series 2007-PA2-3A1 (1 mo. Term SOFR + 0.46%, 0.35% Floor, 7.00% Cap) | 4.78% | 06/25/2037 | 1012817 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2072199 | &nbsp;&nbsp;Series 2007-PA2-3A2 (-1 x 1 mo. Term SOFR + 6.54%, 0.00% Floor, 6.65% Cap) | 2.22 %<sup>(f)(h)</sup> | 06/25/2037 | 229492 |
| 3645519 | &nbsp;&nbsp;Series 2007-PA3-2A1 | 6.00% | 07/25/2037 | 3298250 |
| 1448388 | &nbsp;&nbsp;Series 2007-PA3-2A4 | 6.00% | 07/25/2037 | 1310416 |
| 2509277 | &nbsp;&nbsp;Series 2007-PA3-3A1 | 6.25% | 07/25/2037 | 2195745 |
| 18653471 | &nbsp;&nbsp;Series 2007-PA5-1A1 | 6.25% | 11/25/2037 | 16785516 |
| 3401863 | &nbsp;&nbsp;Series 2007-PA6-A1 | 6.50 %<sup>(b)</sup> | 12/28/2037 | 3108627 |
|  | Wells Fargo Mortgage Backed Securities Trust |  |  |  |
| 998621 | &nbsp;&nbsp;Series 2006-AR12-1A1 | 7.39 %<sup>(b)</sup> | 09/25/2036 | 914593 |
| 493717 | &nbsp;&nbsp;Series 2006-AR13-A2 | 7.29 %<sup>(b)</sup> | 09/25/2036 | 485198 |
| 598588 | &nbsp;&nbsp;Series 2006-AR4-2A1 | 6.14 %<sup>(b)</sup> | 04/25/2036 | 593748 |
| 892809 | &nbsp;&nbsp;Series 2007-7-A1 | 6.00% | 06/25/2037 | 840883 |
| 62093 | &nbsp;&nbsp;Series 2007-7-A32 | 5.75% | 06/25/2037 | 57909 |
| 2010539 | &nbsp;&nbsp;Series 2007-7-A34 | 6.00% | 06/25/2037 | 1893606 |
| 544552 | &nbsp;&nbsp;Series 2007-7-A36 | 6.00% | 06/25/2037 | 512861 |
| 185194 | &nbsp;&nbsp;Series 2007-7-A43 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap) | 4.93% | 06/25/2037 | 165209 |
| 505945 | &nbsp;&nbsp;Series 2007-7-A49 | 6.00% | 06/25/2037 | 476519 |
| 214190 | &nbsp;&nbsp;Series 2007-7-A8 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap) | 4.93% | 06/25/2037 | 191076 |
| 96625 | &nbsp;&nbsp;Series 2007-7-A9 (-6 x 1 mo. Term SOFR + 38.31%, 0.00% Floor, 39.00% Cap) | 12.40 %<sup>(h)</sup> | 06/25/2037 | 111373 |
| 8627858 | &nbsp;&nbsp;Series 2007-AR9-A1 | 6.55 %<sup>(b)</sup> | 12/28/2037 | 7789057 |
|  | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $8,998,621,851)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $8,998,621,851)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $8,998,621,851)** | **7169516129** |
| **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 50.6%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 50.6%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 50.6%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 50.6%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 50.6%** |
|  | Fannie Mae Whole Loan |  |  |  |
| 4062033 | &nbsp;&nbsp;Series 2003-W17-1A7 | 5.75% | 08/25/2033 | 4120782 |
| 1149220 | &nbsp;&nbsp;Series 2004-W10-A6 | 5.75% | 08/25/2034 | 1163220 |
|  | Federal Home Loan Mortgage Corp. |  |  |  |
| 1619227 | &nbsp;&nbsp;Pool C03490 | 4.50% | 08/01/2040 | 1616753 |
| 9403269 | &nbsp;&nbsp;Pool C91388 | 3.50% | 02/01/2032 | 9235516 |
| 4906396 | &nbsp;&nbsp;Pool C91403 | 3.50% | 03/01/2032 | 4818075 |
| 4849205 | &nbsp;&nbsp;Pool C91413 | 3.50% | 12/01/2031 | 4764250 |
| 2541063 | &nbsp;&nbsp;Pool C91417 | 3.50% | 01/01/2032 | 2496136 |
| 10293659 | &nbsp;&nbsp;Pool C91447 | 3.50% | 05/01/2032 | 10105105 |
| 4077818 | &nbsp;&nbsp;Pool C91596 | 3.00% | 02/01/2033 | 3946848 |
| 1848483 | &nbsp;&nbsp;Pool D98901 | 3.50% | 01/01/2032 | 1815533 |
| 4077178 | &nbsp;&nbsp;Pool D98923 | 3.50% | 01/01/2032 | 4005167 |
| 5143667 | &nbsp;&nbsp;Pool D99724 | 3.00% | 11/01/2032 | 4980117 |
| 4858460 | &nbsp;&nbsp;Pool G01840 | 5.00% | 07/01/2035 | 4933222 |
| 1085850 | &nbsp;&nbsp;Pool G04817 | 5.00% | 09/01/2038 | 1103060 |
| 4407991 | &nbsp;&nbsp;Pool G07801 | 4.00% | 10/01/2044 | 4213651 |
| 9465998 | &nbsp;&nbsp;Pool G07862 | 4.00% | 01/01/2044 | 9118863 |
| 10755272 | &nbsp;&nbsp;Pool G07905 | 4.00% | 01/01/2042 | 10399852 |
| 21220308 | &nbsp;&nbsp;Pool G08534 | 3.00% | 06/01/2043 | 19198496 |
| 6829725 | &nbsp;&nbsp;Pool G08537 | 3.00% | 07/01/2043 | 6177591 |
| 12299431 | &nbsp;&nbsp;Pool G08614 | 3.00% | 11/01/2044 | 11023340 |
| 14724136 | &nbsp;&nbsp;Pool G08619 | 3.00% | 12/01/2044 | 13184268 |
| 19119181 | &nbsp;&nbsp;Pool G08622 | 3.00% | 01/01/2045 | 17041530 |
| 15653409 | &nbsp;&nbsp;Pool G08653 | 3.00% | 07/01/2045 | 13970821 |
| 9070829 | &nbsp;&nbsp;Pool G08658 | 3.00% | 08/01/2045 | 8092031 |
| 10322542 | &nbsp;&nbsp;Pool G08670 | 3.00% | 10/01/2045 | 9199022 |
| 120793260 | &nbsp;&nbsp;Pool G08675 | 3.00% | 11/01/2045 | 107658771 |
| 50223242 | &nbsp;&nbsp;Pool G08680 | 3.00% | 12/01/2045 | 44528962 |
| 20962072 | &nbsp;&nbsp;Pool G08686 | 3.00% | 01/01/2046 | 18678780 |
| 46794676 | &nbsp;&nbsp;Pool G08692 | 3.00% | 02/01/2046 | 41692549 |
| 14870988 | &nbsp;&nbsp;Pool G08705 | 3.00% | 05/01/2046 | 13241812 |
| 17214635 | &nbsp;&nbsp;Pool G08715 | 3.00% | 08/01/2046 | 15323284 |
| 895425 | &nbsp;&nbsp;Pool G08800 | 3.50% | 02/01/2048 | 821753 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 7091533 | &nbsp;&nbsp;Pool G16072 | 3.00% | 02/01/2032 | 6906618 |
| 20620792 | &nbsp;&nbsp;Pool G60251 | 3.50% | 10/01/2045 | 19191464 |
| 52136994 | &nbsp;&nbsp;Pool G60393 | 3.50% | 01/01/2046 | 48480575 |
| 4102284 | &nbsp;&nbsp;Pool J22834 | 2.50% | 03/01/2028 | 4020345 |
| 18572986 | &nbsp;&nbsp;Pool Q13637 | 3.00% | 11/01/2042 | 16837987 |
| 18747139 | &nbsp;&nbsp;Pool Q13638 | 3.00% | 11/01/2042 | 16988047 |
| 31255658 | &nbsp;&nbsp;Pool Q16672 | 3.00% | 03/01/2043 | 28303735 |
| 2114881 | &nbsp;&nbsp;Pool Q23595 | 4.00% | 12/01/2043 | 2041036 |
| 2161952 | &nbsp;&nbsp;Pool Q24052 | 4.00% | 01/01/2044 | 2075216 |
| 1855408 | &nbsp;&nbsp;Pool Q24172 | 4.00% | 01/01/2044 | 1789280 |
| 2090545 | &nbsp;&nbsp;Pool Q24979 | 4.00% | 02/01/2044 | 1998371 |
| 8091629 | &nbsp;&nbsp;Pool Q31596 | 3.50% | 02/01/2045 | 7539122 |
| 3669903 | &nbsp;&nbsp;Pool Q32861 | 3.50% | 04/01/2045 | 3415521 |
| 8921781 | &nbsp;&nbsp;Pool Q32921 | 3.50% | 04/01/2045 | 8299650 |
| 9721784 | &nbsp;&nbsp;Pool Q39502 | 3.50% | 03/01/2046 | 9027930 |
| 20664447 | &nbsp;&nbsp;Pool Q44073 | 3.00% | 09/01/2046 | 18366179 |
| 9266189 | &nbsp;&nbsp;Pool QE2022 | 3.00% | 05/01/2052 | 8089683 |
| 14348679 | &nbsp;&nbsp;Pool QU7965 | 2.00% | 09/01/2051 | 11132695 |
| 12925874 | &nbsp;&nbsp;Pool QU7970 | 2.00% | 09/01/2051 | 10028652 |
| 14248233 | &nbsp;&nbsp;Pool RA2853 | 2.50% | 06/01/2050 | 11963213 |
| 45152498 | &nbsp;&nbsp;Pool RA3515 | 2.50% | 09/01/2050 | 37687576 |
| 18541357 | &nbsp;&nbsp;Pool RA4218 | 2.50% | 12/01/2050 | 15600028 |
| 14200947 | &nbsp;&nbsp;Pool RA4968 | 2.50% | 04/01/2046 | 12126599 |
| 52097380 | &nbsp;&nbsp;Pool RA5267 | 3.00% | 05/01/2051 | 45509175 |
| 7675338 | &nbsp;&nbsp;Pool RA7554 | 4.00% | 06/01/2052 | 7161770 |
| 81293976 | &nbsp;&nbsp;Pool RA7939 | 5.00% | 09/01/2052 | 80166482 |
| 65614048 | &nbsp;&nbsp;Pool RB5089 | 1.50% | 12/01/2040 | 54491751 |
| 6906579 | &nbsp;&nbsp;Pool RB5106 | 2.50% | 03/01/2041 | 6192332 |
| 75559929 | &nbsp;&nbsp;Pool RB5110 | 1.50% | 05/01/2041 | 62641065 |
| 15963371 | &nbsp;&nbsp;Pool RJ1071 | 6.00% | 03/01/2054 | 16412594 |
| 28287096 | &nbsp;&nbsp;Pool SD0699 | 2.00% | 11/01/2050 | 23060993 |
| 39787124 | &nbsp;&nbsp;Pool SD0715 | 2.00% | 09/01/2051 | 32422245 |
| 57803326 | &nbsp;&nbsp;Pool SD2120 | 3.00% | 10/01/2051 | 50636349 |
| 33249056 | &nbsp;&nbsp;Pool SD2386 | 3.50% | 06/01/2052 | 30214087 |
| 53026312 | &nbsp;&nbsp;Pool SD2692 | 4.50% | 04/01/2053 | 50849984 |
| 20686902 | &nbsp;&nbsp;Pool SD2759 | 5.50% | 05/01/2053 | 20867398 |
| 25858913 | &nbsp;&nbsp;Pool SD2839 | 3.00% | 08/01/2052 | 22602734 |
| 15235216 | &nbsp;&nbsp;Pool SD2971 | 2.50% | 03/01/2052 | 12822685 |
| 27739995 | &nbsp;&nbsp;Pool SD3011 | 3.00% | 05/01/2052 | 24285367 |
| 12665014 | &nbsp;&nbsp;Pool SD3033 | 5.50% | 05/01/2053 | 12904536 |
| 61171522 | &nbsp;&nbsp;Pool SD3093 | 2.50% | 03/01/2052 | 51382453 |
| 48320638 | &nbsp;&nbsp;Pool SD3454 | 5.50% | 08/01/2053 | 48724714 |
| 19325349 | &nbsp;&nbsp;Pool SD3530 | 6.00% | 08/01/2053 | 19798155 |
| 21863152 | &nbsp;&nbsp;Pool SD3912 | 5.50% | 09/01/2053 | 22092110 |
| 37221174 | &nbsp;&nbsp;Pool SD4701 | 6.00% | 02/01/2054 | 38189029 |
| 25400760 | &nbsp;&nbsp;Pool SD4794 | 6.50% | 01/01/2054 | 26865115 |
| 40085188 | &nbsp;&nbsp;Pool SD4887 | 6.00% | 02/01/2054 | 41213742 |
| 23224882 | &nbsp;&nbsp;Pool SD4888 | 6.00% | 02/01/2054 | 23848945 |
| 45346691 | &nbsp;&nbsp;Pool SD4965 | 5.50% | 02/01/2054 | 45924612 |
| 14911846 | &nbsp;&nbsp;Pool SD5141 | 6.00% | 04/01/2054 | 15246912 |
| 16105158 | &nbsp;&nbsp;Pool SD5366 | 6.00% | 04/01/2054 | 16540290 |
| 30846571 | &nbsp;&nbsp;Pool SD5603 | 5.50% | 06/01/2054 | 31239725 |
| 10716676 | &nbsp;&nbsp;Pool SD5617 | 6.00% | 06/01/2054 | 11042408 |
| 50223081 | &nbsp;&nbsp;Pool SD5814 | 6.00% | 07/01/2054 | 51649357 |
| 29093593 | &nbsp;&nbsp;Pool SD5964 | 5.50% | 11/01/2053 | 29426596 |
| 22362964 | &nbsp;&nbsp;Pool SD5968 | 6.00% | 07/01/2054 | 22971161 |
| 50589129 | &nbsp;&nbsp;Pool SD6053 | 5.50% | 08/01/2054 | 51057200 |
| 24246433 | &nbsp;&nbsp;Pool SD7162 | 5.50% | 12/01/2054 | 24541613 |
| 171783873 | &nbsp;&nbsp;Pool SD7534 | 2.50% | 02/01/2051 | 145879360 |
| 14284556 | &nbsp;&nbsp;Pool SD7535 | 2.50% | 02/01/2051 | 12072530 |
| 21079540 | &nbsp;&nbsp;Pool SD7564 | 5.00% | 06/01/2053 | 20911112 |
| 19344088 | &nbsp;&nbsp;Pool SD7565 | 5.50% | 09/01/2053 | 19597778 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 54947691 | &nbsp;&nbsp;Pool SD7568 | 5.50% | 02/01/2054 | 55647949 |
| 82475266 | &nbsp;&nbsp;Pool SD7569 | 6.00% | 04/01/2054 | 84897439 |
| 74679748 | &nbsp;&nbsp;Pool SD8152 | 3.00% | 06/01/2051 | 65090440 |
| 2778687 | &nbsp;&nbsp;Pool SD8168 | 3.00% | 09/01/2051 | 2417208 |
| 7596892 | &nbsp;&nbsp;Pool SD8169 | 3.50% | 09/01/2051 | 6871214 |
| 38052591 | &nbsp;&nbsp;Pool SE9043 | 2.00% | 09/01/2051 | 29523634 |
| 24708933 | &nbsp;&nbsp;Pool SL0312 | 6.00% | 01/01/2055 | 25607031 |
| 910959 | &nbsp;&nbsp;Pool T60392 | 4.00% | 10/01/2041 | 858796 |
| 1248942 | &nbsp;&nbsp;Pool T60681 | 4.00% | 05/01/2042 | 1182114 |
| 5107907 | &nbsp;&nbsp;Pool T60782 | 3.50% | 07/01/2042 | 4690448 |
| 5810505 | &nbsp;&nbsp;Pool T60853 | 3.50% | 09/01/2042 | 5335653 |
| 5551213 | &nbsp;&nbsp;Pool T60854 | 3.50% | 09/01/2042 | 5097571 |
| 955553 | &nbsp;&nbsp;Pool T65110 | 3.50% | 10/01/2042 | 877484 |
| 6182713 | &nbsp;&nbsp;Pool T65492 | 3.00% | 06/01/2048 | 5376644 |
| 519036 | &nbsp;&nbsp;Pool T69016 | 5.00% | 06/01/2041 | 509042 |
| 9475162 | &nbsp;&nbsp;Pool T69050 | 3.50% | 05/01/2046 | 8700766 |
| 126166 | &nbsp;&nbsp;Pool U60299 | 4.00% | 11/01/2040 | 121202 |
| 127317262 | &nbsp;&nbsp;Pool U69911 | 4.00% | 04/01/2045 | 122302204 |
| 39752913 | &nbsp;&nbsp;Pool U69913 | 3.50% | 06/01/2043 | 36991191 |
| 1121549 | &nbsp;&nbsp;Pool U99125 | 3.00% | 01/01/2043 | 1014257 |
| 42905746 | &nbsp;&nbsp;Pool V81821 | 3.00% | 08/01/2045 | 38347214 |
| 12644679 | &nbsp;&nbsp;Pool V82117 | 3.00% | 12/01/2045 | 11289307 |
| 6074872 | &nbsp;&nbsp;Pool V82248 | 3.50% | 03/01/2046 | 5606244 |
| 10500000 | &nbsp;&nbsp;Pool WN1221 | 4.80% | 12/01/2029 | 10659462 |
| 19180000 | &nbsp;&nbsp;Pool WN1240 | 4.40% | 12/01/2029 | 19148885 |
| 40000000 | &nbsp;&nbsp;Pool WN2184 | 2.50% | 04/01/2032 | 35584144 |
| 23230000 | &nbsp;&nbsp;Pool WN2311 | 4.80% | 01/01/2030 | 23581666 |
| 44864038 | &nbsp;&nbsp;Pool WN2358 | 4.30% | 01/01/2030 | 44774323 |
| 21553057 | &nbsp;&nbsp;Pool WN2396 | 4.79% | 03/01/2030 | 21820847 |
| 15225000 | &nbsp;&nbsp;Pool WN2423 | 4.19% | 06/01/2030 | 15074815 |
| 13881000 | &nbsp;&nbsp;Pool WN2579 | 4.85% | 03/01/2029 | 14028203 |
| 68851566 | &nbsp;&nbsp;Pool Z40117 | 3.00% | 04/01/2045 | 61965036 |
| 60276651 | &nbsp;&nbsp;Pool Z40206 | 3.50% | 02/01/2047 | 55675500 |
| 76058268 | &nbsp;&nbsp;Pool Z40256 | 3.00% | 12/01/2046 | 68160970 |
| 18728443 | &nbsp;&nbsp;Pool Z40264 | 4.00% | 11/01/2040 | 18145871 |
| 107853413 | &nbsp;&nbsp;Pool Z40265 | 3.50% | 08/01/2047 | 99254010 |
| 11169994 | &nbsp;&nbsp;Pool ZS4706 | 3.00% | 03/01/2047 | 9901219 |
| 5783686 | &nbsp;&nbsp;Pool ZS4750 | 3.00% | 01/01/2048 | 5106920 |
| 10289413 | &nbsp;&nbsp;Pool ZS4778 | 4.00% | 07/01/2048 | 9744257 |
| 8453345 | &nbsp;&nbsp;Pool ZS4790 | 4.00% | 09/01/2048 | 8001525 |
| 12753486 | &nbsp;&nbsp;Pool ZT1827 | 3.00% | 07/01/2047 | 11321528 |
| 255329 | &nbsp;&nbsp;Series 2519-ZD | 5.50% | 11/15/2032 | 261135 |
| 137736 | &nbsp;&nbsp;Series 2596-ZL | 5.00% | 04/15/2033 | 140281 |
| 9951492 | &nbsp;&nbsp;Series 267-30 | 3.00% | 08/15/2042 | 9090922 |
| 106628 | &nbsp;&nbsp;Series 2684-ZN | 4.00% | 10/15/2033 | 103868 |
| 7014606 | &nbsp;&nbsp;Series 274-30 | 3.00% | 08/15/2042 | 6357429 |
| 613944 | &nbsp;&nbsp;Series 2750-ZT | 5.00% | 02/15/2034 | 626726 |
| 28084227 | &nbsp;&nbsp;Series 280-30 | 3.00% | 09/15/2042 | 25989822 |
| 1963428 | &nbsp;&nbsp;Series 2825-PZ | 5.50% | 07/15/2034 | 2044180 |
| 5286086 | &nbsp;&nbsp;Series 284-300 | 3.00% | 10/15/2042 | 4891763 |
| 1128420 | &nbsp;&nbsp;Series 2898-JZ | 5.00% | 12/15/2034 | 1151120 |
| 2977402 | &nbsp;&nbsp;Series 2899-AZ | 5.00% | 12/15/2034 | 3044829 |
| 1551760 | &nbsp;&nbsp;Series 2909-Z | 5.00% | 12/15/2034 | 1587705 |
| 3295975 | &nbsp;&nbsp;Series 2932-Z | 5.00% | 02/15/2035 | 3378987 |
| 1204093 | &nbsp;&nbsp;Series 3002-SN (-1 x 30 day avg SOFR US + 6.39%, 0.00% Floor, 6.50% Cap) | 2.08 %<sup>(f)(h)</sup> | 07/15/2035 | 93269 |
| 784498 | &nbsp;&nbsp;Series 3030-SL (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap) | 1.68 %<sup>(f)(h)</sup> | 09/15/2035 | 60420 |
| 268965 | &nbsp;&nbsp;Series 3045-DI (-1 x 30 day avg SOFR US + 6.62%, 0.00% Floor, 6.73% Cap) | 2.31 %<sup>(f)(h)</sup> | 10/15/2035 | 24164 |
| 2063005 | &nbsp;&nbsp;Series 3116-Z | 5.50% | 02/15/2036 | 2147251 |
| 335685 | &nbsp;&nbsp;Series 3117-ZN | 4.50% | 02/15/2036 | 335477 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1017881 | &nbsp;&nbsp;Series 3174-PZ | 5.00% | 01/15/2036 | 1045228 |
| 260880 | &nbsp;&nbsp;Series 3187-JZ | 5.00% | 07/15/2036 | 268052 |
| 741337 | &nbsp;&nbsp;Series 3188-ZK | 5.00% | 07/15/2036 | 759994 |
| 1103118 | &nbsp;&nbsp;Series 3203-SE (-1 x 30 day avg SOFR US + 6.39%, 0.00% Floor, 6.50% Cap) | 2.08 %<sup>(f)(h)</sup> | 08/15/2036 | 104946 |
| 1473918 | &nbsp;&nbsp;Series 3203-Z | 5.00% | 07/15/2036 | 1507643 |
| 4270566 | &nbsp;&nbsp;Series 326-300Pool S0-7094 | 3.00% | 03/15/2044 | 3898183 |
| 1534284 | &nbsp;&nbsp;Series 3261-SA (-1 x 30 day avg SOFR US + 6.32%, 0.00% Floor, 6.43% Cap) | 2.01 %<sup>(f)(h)</sup> | 01/15/2037 | 147809 |
| 1240001 | &nbsp;&nbsp;Series 3275-SC (-1 x 30 day avg SOFR US + 5.97%, 0.00% Floor, 6.08% Cap) | 1.66 %<sup>(f)(h)</sup> | 02/15/2037 | 104903 |
| 300039 | &nbsp;&nbsp;Series 3315-HZ | 6.00% | 05/15/2037 | 317374 |
| 1021020 | &nbsp;&nbsp;Series 3326-GS (-1 x 30 day avg SOFR US + 6.54%, 0.00% Floor, 6.65% Cap) | 2.23 %<sup>(f)(h)</sup> | 06/15/2037 | 91186 |
| 274327 | &nbsp;&nbsp;Series 3351-ZC | 5.50% | 07/15/2037 | 282579 |
| 3537037 | &nbsp;&nbsp;Series 3355-BI (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap) | 1.63 %<sup>(f)(h)</sup> | 08/15/2037 | 322106 |
| 176574 | &nbsp;&nbsp;Series 3369-Z | 6.00% | 09/15/2037 | 184011 |
| 485054 | &nbsp;&nbsp;Series 3405-ZG | 5.50% | 01/15/2038 | 496856 |
| 137550 | &nbsp;&nbsp;Series 3417-SI (-1 x 30 day avg SOFR US + 6.07%, 0.00% Floor, 6.18% Cap) | 1.76 %<sup>(f)(h)</sup> | 02/15/2038 | 10956 |
| 597020 | &nbsp;&nbsp;Series 3423-GS (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap) | 1.23 %<sup>(f)(h)</sup> | 03/15/2038 | 41228 |
| 98037 | &nbsp;&nbsp;Series 3423-SG (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap) | 1.23 %<sup>(f)(h)</sup> | 03/15/2038 | 6645 |
| 141406 | &nbsp;&nbsp;Series 3451-S (-1 x 30 day avg SOFR US + 5.92%, 0.00% Floor, 6.03% Cap) | 1.61 %<sup>(f)(h)</sup> | 02/15/2037 | 9311 |
| 129465 | &nbsp;&nbsp;Series 3455-SC (-1 x 30 day avg SOFR US + 5.95%, 0.00% Floor, 6.06% Cap) | 1.64 %<sup>(f)(h)</sup> | 06/15/2038 | 9767 |
| 61151 | &nbsp;&nbsp;Series 3473-SM (-1 x 30 day avg SOFR US + 5.96%, 0.00% Floor, 6.07% Cap) | 1.65 %<sup>(f)(h)</sup> | 07/15/2038 | 4685 |
| 1201557 | &nbsp;&nbsp;Series 3484-SE (-1 x 30 day avg SOFR US + 5.74%, 0.00% Floor, 5.85% Cap) | 1.43 %<sup>(f)(h)</sup> | 08/15/2038 | 87047 |
| 1762778 | &nbsp;&nbsp;Series 3519-SD (-1 x 30 day avg SOFR US + 5.44%, 0.00% Floor, 5.55% Cap) | 1.13 %<sup>(f)(h)</sup> | 02/15/2038 | 125848 |
| 538568 | &nbsp;&nbsp;Series 3524-LB | 3.23 %<sup>(b)</sup> | 06/15/2038 | 513947 |
| 59983 | &nbsp;&nbsp;Series 3530-GZ | 4.50% | 05/15/2039 | 58625 |
| 1514372 | &nbsp;&nbsp;Series 3541-EI (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap) | 2.33 %<sup>(f)(h)</sup> | 06/15/2039 | 168081 |
| 110611 | &nbsp;&nbsp;Series 3545-SA (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap) | 1.73 %<sup>(f)(h)</sup> | 06/15/2039 | 9090 |
| 46014 | &nbsp;&nbsp;Series 3549-SA (-1 x 30 day avg SOFR US + 5.69%, 0.00% Floor, 5.80% Cap) | 1.38 %<sup>(f)(h)</sup> | 07/15/2039 | 3801 |
| 29388717 | &nbsp;&nbsp;Series 357-200Pool S0-7745 | 2.00% | 09/15/2047 | 25248974 |
| 1905692 | &nbsp;&nbsp;Series 3577-LS (-1 x 30 day avg SOFR US + 7.09%, 0.00% Floor, 7.20% Cap) | 2.78 %<sup>(f)(h)</sup> | 08/15/2035 | 220550 |
| 760705 | &nbsp;&nbsp;Series 3582-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 10/15/2049 | 66954 |
| 599630 | &nbsp;&nbsp;Series 3583-GB | 4.50% | 10/15/2039 | 602757 |
| 824049 | &nbsp;&nbsp;Series 3616-SG (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap) | 1.93 %<sup>(f)(h)</sup> | 03/15/2032 | 35143 |
| 1774380 | &nbsp;&nbsp;Series 3626-AZ | 5.50% | 08/15/2036 | 1844559 |
| 2272285 | &nbsp;&nbsp;Series 3654-ZB | 5.50% | 11/15/2037 | 2374369 |
| 256900 | &nbsp;&nbsp;Series 3667-SBPool 3667 (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap) | 2.03 %<sup>(f)(h)</sup> | 05/15/2040 | 21269 |
| 29846919 | &nbsp;&nbsp;Series 367-C28 | 3.00 %<sup>(f)</sup> | 07/15/2050 | 4812681 |
| 1810056 | &nbsp;&nbsp;Series 3702-SG (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap) | 1.63 %<sup>(f)(h)</sup> | 08/15/2032 | 103077 |
| 1297072 | &nbsp;&nbsp;Series 3704-EI | 5.00 %<sup>(f)</sup> | 12/15/2036 | 141416 |
| 1005967 | &nbsp;&nbsp;Series 3712-SG (-5 x 30 day avg SOFR US + 24.43%, 0.00% Floor, 25.00% Cap) | 2.86 %<sup>(h)</sup> | 08/15/2040 | 1106170 |
| 1480547 | &nbsp;&nbsp;Series 3724-CM | 5.50% | 06/15/2037 | 1552513 |
| 4784226 | &nbsp;&nbsp;Series 3726-SA (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap) | 1.63 %<sup>(f)(h)</sup> | 09/15/2040 | 468402 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 186682 | &nbsp;&nbsp;Series 3741-SC (-2 x 30 day avg SOFR US + 9.77%, 0.00% Floor, 10.00% Cap) | 1.16 %<sup>(h)</sup> | 10/15/2040 | 140722 |
| 4674509 | &nbsp;&nbsp;Series 3752-BS (-2 x 30 day avg SOFR US + 9.77%, 0.00% Floor, 10.00% Cap) | 1.15 %<sup>(h)</sup> | 11/15/2040 | 3775509 |
| 1170651 | &nbsp;&nbsp;Series 3771-AL | 4.00% | 12/15/2030 | 1169798 |
| 2875190 | &nbsp;&nbsp;Series 3779-BY | 3.50% | 12/15/2030 | 2834401 |
| 3381360 | &nbsp;&nbsp;Series 3779-LB | 4.00% | 12/15/2030 | 3378883 |
| 777898 | &nbsp;&nbsp;Series 3779-YA | 3.50% | 12/15/2030 | 766862 |
| 2828085 | &nbsp;&nbsp;Series 3783-AC | 4.00% | 01/15/2031 | 2826037 |
| 2984617 | &nbsp;&nbsp;Series 3786-SG (-2 x 30 day avg SOFR US + 9.27%, 0.00% Floor, 9.50% Cap) | 0.66 %<sup>(h)</sup> | 01/15/2041 | 2274958 |
| 2400006 | &nbsp;&nbsp;Series 3788-AY | 3.50% | 01/15/2031 | 2357115 |
| 440129 | &nbsp;&nbsp;Series 3790-Z | 4.00% | 01/15/2041 | 424976 |
| 1256315 | &nbsp;&nbsp;Series 3803-ZM | 4.00% | 02/15/2041 | 1213275 |
| 10879225 | &nbsp;&nbsp;Series 3806-CZ | 5.50% | 07/15/2034 | 11310531 |
| 2847820 | &nbsp;&nbsp;Series 3812-EY | 3.50% | 02/15/2031 | 2796708 |
| 1234468 | &nbsp;&nbsp;Series 3818-CZ | 4.50% | 03/15/2041 | 1222498 |
| 3350433 | &nbsp;&nbsp;Series 3828-SW (-3 x 30 day avg SOFR US + 12.86%, 0.00% Floor, 13.20% Cap) | 0.00 %<sup>(h)</sup> | 02/15/2041 | 2720486 |
| 5964067 | &nbsp;&nbsp;Series 3843-PZ | 5.00% | 04/15/2041 | 6076179 |
| 83959611 | &nbsp;&nbsp;Series 386-C19 | 2.50 %<sup>(f)</sup> | 03/15/2052 | 14499699 |
| 155692409 | &nbsp;&nbsp;Series 386-C4 | 2.50 %<sup>(f)</sup> | 08/15/2051 | 25017480 |
| 98257021 | &nbsp;&nbsp;Series 386-C6 | 2.50 %<sup>(f)</sup> | 12/15/2050 | 16015978 |
| 2909707 | &nbsp;&nbsp;Series 3870-PB | 4.50% | 06/15/2041 | 2917691 |
| 3924377 | &nbsp;&nbsp;Series 3872-BA | 4.00% | 06/15/2041 | 3854835 |
| 2142465 | &nbsp;&nbsp;Series 3877-EY | 4.50% | 06/15/2041 | 2134528 |
| 806556 | &nbsp;&nbsp;Series 3877-GY | 4.50% | 06/15/2041 | 803306 |
| 1723953 | &nbsp;&nbsp;Series 3900-SB (-1 x 30 day avg SOFR US + 5.86%, 0.00% Floor, 5.97% Cap) | 1.55 %<sup>(f)(h)</sup> | 07/15/2041 | 145405 |
| 1600180 | &nbsp;&nbsp;Series 3910-ZE | 5.00% | 10/15/2034 | 1636510 |
| 2866091 | &nbsp;&nbsp;Series 3919-KL | 4.50% | 09/15/2041 | 2853781 |
| 9247547 | &nbsp;&nbsp;Series 3919-ZJ | 4.00% | 09/15/2041 | 9012550 |
| 545986 | &nbsp;&nbsp;Series 3942-JZ | 4.00% | 10/15/2041 | 526253 |
| 3376519 | &nbsp;&nbsp;Series 3944-AZ | 4.00% | 10/15/2041 | 3255791 |
| 1454946 | &nbsp;&nbsp;Series 3946-SM (-3 x 30 day avg SOFR US + 14.36%, 0.00% Floor, 14.70% Cap) | 1.45 %<sup>(h)</sup> | 10/15/2041 | 1180730 |
| 7129238 | &nbsp;&nbsp;Series 3969-AB | 4.00% | 10/15/2033 | 7071161 |
| 1422845 | &nbsp;&nbsp;Series 3982-AZ | 3.50% | 01/15/2042 | 1332801 |
| 2102881 | &nbsp;&nbsp;Series 3999-EZ | 4.00% | 02/15/2042 | 2029037 |
| 141855 | &nbsp;&nbsp;Series 4050-ND | 2.50% | 09/15/2041 | 140292 |
| 3173400 | &nbsp;&nbsp;Series 4121-AV | 3.00% | 12/15/2035 | 3114496 |
| 10091113 | &nbsp;&nbsp;Series 4183-ZB | 3.00 %<sup>(g)</sup> | 03/15/2043 | 8070134 |
| 3594313 | &nbsp;&nbsp;Series 4186-ZJ | 3.00 %<sup>(g)</sup> | 03/15/2033 | 3389398 |
| 40143373 | &nbsp;&nbsp;Series 4212-US (-1 x 30 day avg SOFR US + 5.26%, 0.00% Floor, 5.40% Cap) | 0.09 %<sup>(h)</sup> | 06/15/2043 | 27118362 |
| 19309604 | &nbsp;&nbsp;Series 4223-US (-1 x 30 day avg SOFR US + 5.29%, 0.00% Floor, 5.43% Cap) | 0.09 %<sup>(h)</sup> | 07/15/2043 | 12588976 |
| 8852526 | &nbsp;&nbsp;Series 4249-CS (-1 x 30 day avg SOFR US + 4.56%, 0.00% Floor, 4.65% Cap) | 1.33 %<sup>(h)</sup> | 09/15/2043 | 6700824 |
| 7322524 | &nbsp;&nbsp;Series 4341-ZA | 3.00% | 05/15/2044 | 6701081 |
| 1148241 | &nbsp;&nbsp;Series 4379-KA | 3.00% | 08/15/2044 | 1096297 |
| 32457099 | &nbsp;&nbsp;Series 4384-ZY | 3.00 %<sup>(g)</sup> | 09/15/2044 | 29534386 |
| 5386496 | &nbsp;&nbsp;Series 4427-PS (-1 x 30 day avg SOFR US + 5.49%, 0.00% Floor, 5.60% Cap) | 1.18 %<sup>(f)(h)</sup> | 07/15/2044 | 328815 |
| 675969 | &nbsp;&nbsp;Series 4438-B | 3.00% | 10/15/2043 | 658579 |
| 11720921 | &nbsp;&nbsp;Series 4441-VZ | 3.00 %<sup>(g)</sup> | 02/15/2045 | 10257251 |
| 4943738 | &nbsp;&nbsp;Series 4471-BA | 3.00% | 12/15/2041 | 4892486 |
| 4298852 | &nbsp;&nbsp;Series 4471-BC | 3.00% | 12/15/2041 | 4254286 |
| 4512772 | &nbsp;&nbsp;Series 4500-GO | 0.00 %<sup>(k)</sup> | 08/15/2045 | 3599035 |
| 7966073 | &nbsp;&nbsp;Series 4504-CA | 3.00% | 04/15/2044 | 7727698 |
| 25762301 | &nbsp;&nbsp;Series 4543-HG | 2.70% | 04/15/2044 | 24805041 |
| 12545039 | &nbsp;&nbsp;Series 4632-MH | 4.00% | 11/15/2056 | 11752643 |
| 4843482 | &nbsp;&nbsp;Series 4744-JA | 3.00% | 09/15/2047 | 4478067 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 4361909 | &nbsp;&nbsp;Series 4744-KA | 3.00% | 08/15/2046 | 4255594 |
| 9849595 | &nbsp;&nbsp;Series 4746-ZN | 3.50% | 12/15/2047 | 9122175 |
| 21534000 | &nbsp;&nbsp;Series 4759-NL | 3.00% | 02/15/2048 | 18795788 |
| 7175018 | &nbsp;&nbsp;Series 4776-YP | 3.50% | 02/15/2048 | 6514871 |
| 23682701 | &nbsp;&nbsp;Series 4778-DZ | 4.00% | 04/15/2048 | 22532255 |
| 4886683 | &nbsp;&nbsp;Series 4791-IO | 3.00 %<sup>(f)</sup> | 05/15/2048 | 705773 |
| 24928349 | &nbsp;&nbsp;Series 4791-JT | 3.00% | 05/15/2048 | 22277615 |
| 3912602 | &nbsp;&nbsp;Series 4791-LI | 3.00 %<sup>(f)</sup> | 05/15/2048 | 602341 |
| 3912602 | &nbsp;&nbsp;Series 4791-LO | 0.00 %<sup>(k)</sup> | 05/15/2048 | 2960652 |
| 15763495 | &nbsp;&nbsp;Series 4791-PO | 0.00 %<sup>(k)</sup> | 05/15/2048 | 12389822 |
| 10547139 | &nbsp;&nbsp;Series 4792-A | 3.00% | 05/15/2048 | 9425406 |
| 7041119 | &nbsp;&nbsp;Series 4793-C | 3.00% | 06/15/2048 | 6343278 |
| 6489084 | &nbsp;&nbsp;Series 4795-AO | 0.00 %<sup>(k)</sup> | 05/15/2048 | 4917037 |
| 5702298 | &nbsp;&nbsp;Series 4801-OG | 0.00 %<sup>(k)</sup> | 06/15/2048 | 4547050 |
| 21877965 | &nbsp;&nbsp;Series 4857-J | 3.40% | 01/15/2049 | 20626664 |
| 8920905 | &nbsp;&nbsp;Series 4901-BD | 3.00% | 07/25/2049 | 8392471 |
| 17490223 | &nbsp;&nbsp;Series 4924-ST (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 08/25/2048 | 1766805 |
| 9976413 | &nbsp;&nbsp;Series 5004-LS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap) | 1.73 %<sup>(f)(h)</sup> | 07/25/2050 | 1393788 |
| 34888978 | &nbsp;&nbsp;Series 5007-IP | 3.00 %<sup>(f)</sup> | 07/25/2050 | 5523313 |
| 15372854 | &nbsp;&nbsp;Series 5010-KI | 3.00 %<sup>(f)</sup> | 09/25/2050 | 2329095 |
| 11496867 | &nbsp;&nbsp;Series 5023-YI | 3.00 %<sup>(f)</sup> | 10/25/2050 | 1910891 |
| 53464225 | &nbsp;&nbsp;Series 5040-GI | 2.00 %<sup>(f)</sup> | 11/25/2050 | 6277972 |
| 29424094 | &nbsp;&nbsp;Series 5050-BN | 3.00% | 11/25/2050 | 25672316 |
| 28744659 | &nbsp;&nbsp;Series 5053-AI | 3.00 %<sup>(f)</sup> | 11/25/2050 | 5356708 |
| 9581553 | &nbsp;&nbsp;Series 5053-PI | 3.00 %<sup>(f)</sup> | 11/25/2050 | 1517384 |
| 20216057 | &nbsp;&nbsp;Series 5059-HI | 3.00 %<sup>(f)</sup> | 09/25/2050 | 3144559 |
| 22844247 | &nbsp;&nbsp;Series 5059-ID | 3.00 %<sup>(f)</sup> | 01/25/2051 | 3597939 |
| 10950172 | &nbsp;&nbsp;Series 5060-LT | 2.00% | 05/25/2050 | 8926199 |
| 5649733 | &nbsp;&nbsp;Series 5062-PA | 1.25% | 01/25/2051 | 4236446 |
| 13933690 | &nbsp;&nbsp;Series 5071-FP (30 day avg SOFR US + 0.70%, 0.70% Floor, 4.00% Cap) | 4.00% | 02/25/2051 | 11196693 |
| 26846020 | &nbsp;&nbsp;Series 5077-CI | 3.50 %<sup>(f)</sup> | 02/25/2051 | 4608415 |
| 11461794 | &nbsp;&nbsp;Series 5081-MI | 2.50 %<sup>(f)</sup> | 03/25/2051 | 1621332 |
| 36021050 | &nbsp;&nbsp;Series 5083-IH | 2.50 %<sup>(f)</sup> | 03/25/2051 | 5359612 |
| 10613181 | &nbsp;&nbsp;Series 5086-IB | 3.00 %<sup>(f)</sup> | 03/25/2051 | 1626064 |
| 13371336 | &nbsp;&nbsp;Series 5086-IK | 3.00 %<sup>(f)</sup> | 03/25/2051 | 2248278 |
| 6954072 | &nbsp;&nbsp;Series 5112-SC (-1 x 30 day avg SOFR US + 2.50%, 0.00% Floor, 2.50% Cap) | 0.00 %<sup>(f)(h)</sup> | 06/25/2051 | 18642 |
| 15141998 | &nbsp;&nbsp;Series 5117-D | 2.00% | 06/25/2051 | 13430045 |
| 16418845 | &nbsp;&nbsp;Series 5118-PI | 3.00 %<sup>(f)</sup> | 03/25/2051 | 2668734 |
| 96735509 | &nbsp;&nbsp;Series 5129-GI | 3.00 %<sup>(f)</sup> | 08/25/2050 | 16596757 |
| 61492809 | &nbsp;&nbsp;Series 5130-IO | 3.50 %<sup>(f)</sup> | 08/25/2051 | 13407320 |
| 30005186 | &nbsp;&nbsp;Series 5140-AI | 3.50 %<sup>(f)</sup> | 09/25/2051 | 5698537 |
| 10316001 | &nbsp;&nbsp;Series 5140-B | 2.00% | 05/25/2040 | 9152746 |
| 31610128 | &nbsp;&nbsp;Series 5140-HI | 2.00 %<sup>(f)</sup> | 08/25/2046 | 2640435 |
| 23482899 | &nbsp;&nbsp;Series 5142-IP | 3.00 %<sup>(f)</sup> | 09/25/2051 | 3952463 |
| 34675150 | &nbsp;&nbsp;Series 5145-SB (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap) | 0.00 %<sup>(f)(h)</sup> | 09/25/2051 | 140927 |
| 14913491 | &nbsp;&nbsp;Series 5149-CI | 3.00 %<sup>(f)</sup> | 12/25/2043 | 1928204 |
| 20094003 | &nbsp;&nbsp;Series 5150-AB | 2.00% | 04/25/2049 | 16645030 |
| 38291350 | &nbsp;&nbsp;Series 5157-EI | 3.00 %<sup>(f)</sup> | 10/25/2051 | 4617925 |
| 13051057 | &nbsp;&nbsp;Series 5157-P | 1.50% | 10/25/2051 | 10527701 |
| 8745319 | &nbsp;&nbsp;Series 5159-CD | 1.50% | 07/25/2041 | 7774492 |
| 15946384 | &nbsp;&nbsp;Series 5159-DI | 3.00 %<sup>(f)</sup> | 04/25/2048 | 2362564 |
| 28129921 | &nbsp;&nbsp;Series 5159-UI | 3.50 %<sup>(f)</sup> | 08/25/2050 | 5293522 |
| 40671132 | &nbsp;&nbsp;Series 5160-S (-1 x 30 day avg SOFR US + 3.74%, 0.00% Floor, 3.74% Cap) | 0.00 %<sup>(f)(h)</sup> | 08/25/2050 | 1147406 |
| 19492289 | &nbsp;&nbsp;Series 5160-ZY | 3.00 %<sup>(g)</sup> | 10/25/2050 | 13815400 |
| 27217649 | &nbsp;&nbsp;Series 5171-GI | 3.00 %<sup>(f)</sup> | 12/25/2051 | 4539346 |
| 27633635 | &nbsp;&nbsp;Series 5176-D | 2.50% | 01/25/2051 | 23540635 |
| 23414312 | &nbsp;&nbsp;Series 5181-IL | 3.00 %<sup>(f)</sup> | 01/25/2052 | 3845117 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 13934743 | &nbsp;&nbsp;Series 5187-LA | 2.50% | 10/25/2049 | 12262065 |
| 19153577 | &nbsp;&nbsp;Series 5196-PE | 2.00% | 02/25/2052 | 16885553 |
| 20904370 | &nbsp;&nbsp;Series 5202-DB | 3.00% | 05/25/2048 | 19014472 |
| 17367612 | &nbsp;&nbsp;Series 5202-HA | 2.50% | 09/25/2048 | 15518871 |
| 56781621 | &nbsp;&nbsp;Series 5209-IO | 3.00 %<sup>(f)</sup> | 10/25/2051 | 9264858 |
| 23722522 | &nbsp;&nbsp;Series 5236-YI | 2.50 %<sup>(f)</sup> | 06/25/2049 | 2467363 |
| 66998443 | &nbsp;&nbsp;Series 5279-IO | 3.00 %<sup>(f)</sup> | 03/25/2051 | 10945529 |
| 17223481 | &nbsp;&nbsp;Series 5319-PO | 0.00 %<sup>(k)</sup> | 08/25/2050 | 11913821 |
| 73400894 | &nbsp;&nbsp;Series 5321-PO | 0.00 %<sup>(k)</sup> | 08/25/2050 | 52091976 |
| 13028301 | &nbsp;&nbsp;Series 5326-KO | 0.00 %<sup>(k)</sup> | 09/25/2050 | 9194633 |
| 34073486 | &nbsp;&nbsp;Series 5326-MO | 0.00 %<sup>(k)</sup> | 09/25/2050 | 23480734 |
| 15858497 | &nbsp;&nbsp;Series 5326-OP | 0.00 %<sup>(k)</sup> | 09/25/2050 | 11198108 |
| 27451166 | &nbsp;&nbsp;Series 5326-UO | 0.00 %<sup>(k)</sup> | 10/25/2050 | 18246886 |
| 24218789 | &nbsp;&nbsp;Series 5334-PO | 0.00 %<sup>(k)</sup> | 12/25/2050 | 17756887 |
| 12236787 | &nbsp;&nbsp;Series 5352-LO | 0.00 %<sup>(k)</sup> | 10/15/2046 | 9328458 |
| 18574893 | &nbsp;&nbsp;Series 5365-PO | 0.00 %<sup>(k)</sup> | 02/25/2037 | 15173109 |
| 19131063 | &nbsp;&nbsp;Series 5377-IO | 2.50 %<sup>(f)</sup> | 12/25/2051 | 2504637 |
| 26472910 | &nbsp;&nbsp;Series 5385-ZA | 2.00 %<sup>(g)</sup> | 01/25/2051 | 12919063 |
| 18962382 | &nbsp;&nbsp;Series 5400-FB (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap) | 5.41% | 04/25/2054 | 18949494 |
| 32917786 | &nbsp;&nbsp;Series 5430-FD (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap) | 5.41% | 07/25/2054 | 32892501 |
| 25611697 | &nbsp;&nbsp;Series 5439-FJ (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap) | 5.41% | 08/25/2054 | 25584364 |
| 43577234 | &nbsp;&nbsp;Series 5452-DF (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap) | 5.56% | 09/25/2054 | 43537679 |
| 35543498 | &nbsp;&nbsp;Series 5469-F (30 day avg SOFR US + 1.10%, 1.10% Floor, 6.50% Cap) | 5.41% | 09/25/2054 | 35291224 |
| 45124869 | &nbsp;&nbsp;Series 5470-FH (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 11/25/2054 | 45056207 |
| 35884332 | &nbsp;&nbsp;Series 5471-FM (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap) | 5.71% | 11/25/2054 | 36045897 |
| 29932523 | &nbsp;&nbsp;Series 5473-DF (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap) | 5.46% | 11/25/2054 | 29780941 |
| 40455607 | &nbsp;&nbsp;Series 5473-FP (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap) | 5.61% | 11/25/2054 | 40490455 |
| 40363190 | &nbsp;&nbsp;Series 5478-FB (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap) | 5.66% | 02/25/2054 | 40471440 |
| 68475110 | &nbsp;&nbsp;Series 5478-FE (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap) | 5.76% | 02/25/2054 | 68908024 |
| 24750040 | &nbsp;&nbsp;Series 5479-FB (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap) | 5.71% | 12/25/2054 | 24861465 |
| 31778915 | &nbsp;&nbsp;Series 5481-FC (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 12/25/2054 | 32036531 |
| 21072418 | &nbsp;&nbsp;Series 5515-FB (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap) | 5.71% | 03/25/2055 | 21171690 |
| 44104792 | &nbsp;&nbsp;Series 5515-FM (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap) | 5.66% | 03/25/2055 | 44159129 |
| 20002981 | &nbsp;&nbsp;Series 5527-FC (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 09/25/2054 | 19967715 |
| 28610434 | &nbsp;&nbsp;Series 5527-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 09/25/2054 | 28559994 |
| 22451703 | &nbsp;&nbsp;Series 5536-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 05/25/2054 | 22418115 |
| 28122362 | &nbsp;&nbsp;Series 5543-FC (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 06/25/2055 | 28383472 |
| 39440198 | &nbsp;&nbsp;Series 5543-FG (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 06/25/2055 | 39808561 |
| 41730791 | &nbsp;&nbsp;Series 5543-FM (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 06/25/2055 | 42120406 |
|  | Federal National Mortgage Association |  |  |  |
| 51035672 | &nbsp;&nbsp;Pool 310227 | 4.00% | 01/01/2044 | 48964864 |
| 58182622 | &nbsp;&nbsp;Pool 310233 | 3.50% | 03/01/2044 | 54072404 |
| 15766702 | &nbsp;&nbsp;Pool 387898 | 3.71% | 08/01/2030 | 15300175 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2290933 | &nbsp;&nbsp;Pool 555743 | 5.00% | 09/01/2033 | 2316615 |
| 1760710 | &nbsp;&nbsp;Pool 735382 | 5.00% | 04/01/2035 | 1785637 |
| 2990848 | &nbsp;&nbsp;Pool 735402 | 5.00% | 04/01/2035 | 3033191 |
| 1961818 | &nbsp;&nbsp;Pool 735484 | 5.00% | 05/01/2035 | 1989595 |
| 815227 | &nbsp;&nbsp;Pool 735667 | 5.00% | 07/01/2035 | 825599 |
| 680178 | &nbsp;&nbsp;Pool 735893 | 5.00% | 10/01/2035 | 690233 |
| 1683468 | &nbsp;&nbsp;Pool 745275 | 5.00% | 02/01/2036 | 1709049 |
| 71536 | &nbsp;&nbsp;Pool 888695 | 5.00% | 08/01/2037 | 72727 |
| 421724 | &nbsp;&nbsp;Pool 888968 | 5.00% | 08/01/2035 | 427695 |
| 3366347 | &nbsp;&nbsp;Pool 890549 | 4.00% | 11/01/2043 | 3245147 |
| 4382322 | &nbsp;&nbsp;Pool 890565 | 3.00% | 11/01/2043 | 3966227 |
| 251503 | &nbsp;&nbsp;Pool 931104 | 5.00% | 05/01/2039 | 255553 |
| 51643 | &nbsp;&nbsp;Pool 975116 | 5.00% | 05/01/2038 | 52461 |
| 680816 | &nbsp;&nbsp;Pool 986864 | 6.50% | 08/01/2038 | 721722 |
| 441472 | &nbsp;&nbsp;Pool 987316 | 6.50% | 09/01/2038 | 466911 |
| 3179896 | &nbsp;&nbsp;Pool 995203 | 5.00% | 07/01/2035 | 3220149 |
| 5352312 | &nbsp;&nbsp;Pool 995849 | 5.00% | 08/01/2036 | 5428036 |
| 3825107 | &nbsp;&nbsp;Pool AB2123 | 4.00% | 01/01/2031 | 3802846 |
| 251086 | &nbsp;&nbsp;Pool AB3713 | 4.00% | 10/01/2031 | 248352 |
| 2089606 | &nbsp;&nbsp;Pool AB3796 | 3.50% | 11/01/2031 | 2051057 |
| 648099 | &nbsp;&nbsp;Pool AB3850 | 4.00% | 11/01/2041 | 610229 |
| 503254 | &nbsp;&nbsp;Pool AB3923 | 4.00% | 11/01/2041 | 473834 |
| 7592044 | &nbsp;&nbsp;Pool AB4167 | 3.50% | 01/01/2032 | 7448283 |
| 6160717 | &nbsp;&nbsp;Pool AB4261 | 3.50% | 01/01/2032 | 6043070 |
| 1181378 | &nbsp;&nbsp;Pool AB5084 | 3.50% | 05/01/2032 | 1158627 |
| 2823626 | &nbsp;&nbsp;Pool AB5156 | 3.50% | 05/01/2032 | 2767492 |
| 4053917 | &nbsp;&nbsp;Pool AB5212 | 3.50% | 05/01/2032 | 3975816 |
| 2508683 | &nbsp;&nbsp;Pool AB5243 | 4.00% | 05/01/2042 | 2362041 |
| 5829085 | &nbsp;&nbsp;Pool AB5911 | 3.00% | 08/01/2032 | 5653219 |
| 2597365 | &nbsp;&nbsp;Pool AB6280 | 3.00% | 09/01/2042 | 2345915 |
| 3016873 | &nbsp;&nbsp;Pool AB6349 | 3.00% | 10/01/2032 | 2920286 |
| 8195345 | &nbsp;&nbsp;Pool AB6750 | 3.00% | 10/01/2032 | 7928318 |
| 4508960 | &nbsp;&nbsp;Pool AB6751 | 3.00% | 10/01/2032 | 4358927 |
| 26628226 | &nbsp;&nbsp;Pool AB6854 | 3.00% | 11/01/2042 | 24088530 |
| 20820398 | &nbsp;&nbsp;Pool AB7077 | 3.00% | 11/01/2042 | 18847622 |
| 8735455 | &nbsp;&nbsp;Pool AB7776 | 3.00% | 02/01/2043 | 7889758 |
| 9430595 | &nbsp;&nbsp;Pool AB7877 | 3.00% | 02/01/2043 | 8517580 |
| 3812070 | &nbsp;&nbsp;Pool AB8418 | 3.00% | 02/01/2033 | 3682236 |
| 6211414 | &nbsp;&nbsp;Pool AB8520 | 3.00% | 02/01/2033 | 5994778 |
| 8004547 | &nbsp;&nbsp;Pool AB8703 | 3.00% | 03/01/2038 | 7410535 |
| 2818778 | &nbsp;&nbsp;Pool AB8858 | 3.00% | 04/01/2033 | 2723648 |
| 6846266 | &nbsp;&nbsp;Pool AB9020 | 3.00% | 04/01/2038 | 6338199 |
| 4824233 | &nbsp;&nbsp;Pool AB9197 | 3.00% | 05/01/2033 | 4648138 |
| 2827358 | &nbsp;&nbsp;Pool AB9409 | 3.00% | 05/01/2033 | 2726474 |
| 74228 | &nbsp;&nbsp;Pool AD2177 | 4.50% | 06/01/2030 | 74193 |
| 245479 | &nbsp;&nbsp;Pool AD6438 | 5.00% | 06/01/2040 | 248666 |
| 142088 | &nbsp;&nbsp;Pool AD7859 | 5.00% | 06/01/2040 | 143932 |
| 2106456 | &nbsp;&nbsp;Pool AH0607 | 4.00% | 12/01/2040 | 2036516 |
| 109535 | &nbsp;&nbsp;Pool AH1140 | 4.50% | 12/01/2040 | 106049 |
| 1556762 | &nbsp;&nbsp;Pool AH4437 | 4.00% | 01/01/2041 | 1469653 |
| 397629 | &nbsp;&nbsp;Pool AH7309 | 4.00% | 02/01/2031 | 394717 |
| 154004 | &nbsp;&nbsp;Pool AH9323 | 4.00% | 04/01/2026 | 153184 |
| 733826 | &nbsp;&nbsp;Pool AJ1265 | 4.00% | 09/01/2041 | 700449 |
| 50684 | &nbsp;&nbsp;Pool AJ1399 | 4.00% | 09/01/2041 | 47721 |
| 1390021 | &nbsp;&nbsp;Pool AJ1467 | 4.00% | 10/01/2041 | 1312229 |
| 1422393 | &nbsp;&nbsp;Pool AJ3392 | 4.00% | 10/01/2041 | 1339265 |
| 1014925 | &nbsp;&nbsp;Pool AJ3854 | 4.00% | 10/01/2041 | 955598 |
| 4470613 | &nbsp;&nbsp;Pool AJ4118 | 4.00% | 11/01/2041 | 4220443 |
| 1218129 | &nbsp;&nbsp;Pool AJ4131 | 4.00% | 10/01/2041 | 1146934 |
| 1674410 | &nbsp;&nbsp;Pool AJ7677 | 3.50% | 12/01/2041 | 1535651 |
| 922103 | &nbsp;&nbsp;Pool AJ8334 | 4.00% | 12/01/2041 | 868199 |
| 5794212 | &nbsp;&nbsp;Pool AK0713 | 3.50% | 01/01/2032 | 5689098 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1111770 | &nbsp;&nbsp;Pool AK4039 | 4.00% | 02/01/2042 | 1046776 |
| 2289514 | &nbsp;&nbsp;Pool AK4763 | 4.00% | 02/01/2042 | 2161392 |
| 1035059 | &nbsp;&nbsp;Pool AK9438 | 4.00% | 03/01/2042 | 974567 |
| 1582685 | &nbsp;&nbsp;Pool AK9439 | 4.00% | 03/01/2042 | 1490197 |
| 433835 | &nbsp;&nbsp;Pool AK9446 | 4.50% | 03/01/2042 | 425650 |
| 21078686 | &nbsp;&nbsp;Pool AL3883 | 3.00% | 07/01/2043 | 18985987 |
| 65464 | &nbsp;&nbsp;Pool AL4292 | 4.50% | 04/01/2026 | 65244 |
| 3379535 | &nbsp;&nbsp;Pool AL4312 | 4.00% | 10/01/2043 | 3254705 |
| 8226982 | &nbsp;&nbsp;Pool AL6075 | 3.50% | 09/01/2053 | 7334193 |
| 15067085 | &nbsp;&nbsp;Pool AL6076 | 3.00% | 06/01/2053 | 13092868 |
| 19528766 | &nbsp;&nbsp;Pool AL6141 | 4.00% | 04/01/2042 | 18851983 |
| 18794841 | &nbsp;&nbsp;Pool AL6325 | 3.00% | 10/01/2044 | 16971263 |
| 5709581 | &nbsp;&nbsp;Pool AL6486 | 4.50% | 02/01/2045 | 5590460 |
| 17171833 | &nbsp;&nbsp;Pool AL6538 | 4.50% | 06/01/2044 | 17110417 |
| 18293389 | &nbsp;&nbsp;Pool AL8304 | 3.50% | 03/01/2046 | 16989072 |
| 8911610 | &nbsp;&nbsp;Pool AL9220 | 3.00% | 06/01/2045 | 8052673 |
| 10158468 | &nbsp;&nbsp;Pool AL9445 | 3.00% | 07/01/2031 | 9923407 |
| 23524739 | &nbsp;&nbsp;Pool AM8510 | 3.15% | 05/01/2035 | 21082076 |
| 25718182 | &nbsp;&nbsp;Pool AM8950 | 3.14% | 06/01/2040 | 23215821 |
| 4112216 | &nbsp;&nbsp;Pool AN5480 | 3.43% | 06/01/2037 | 3838489 |
| 217500000 | &nbsp;&nbsp;Pool AN6680 | 3.37% | 11/01/2047 | 173507143 |
| 9931721 | &nbsp;&nbsp;Pool AN7452 | 3.12% | 11/01/2032 | 9182824 |
| 20325984 | &nbsp;&nbsp;Pool AN8121 | 3.16% | 01/01/2035 | 18278504 |
| 3683980 | &nbsp;&nbsp;Pool AN9452 | 3.75% | 06/01/2030 | 3525226 |
| 3364023 | &nbsp;&nbsp;Pool AO2980 | 4.00% | 05/01/2042 | 3167419 |
| 11457161 | &nbsp;&nbsp;Pool AP4787 | 3.50% | 09/01/2042 | 10507518 |
| 9353098 | &nbsp;&nbsp;Pool AP4789 | 3.50% | 09/01/2042 | 8577773 |
| 5125692 | &nbsp;&nbsp;Pool AQ5541 | 3.00% | 12/01/2042 | 4634687 |
| 5113803 | &nbsp;&nbsp;Pool AR9856 | 3.00% | 04/01/2043 | 4626110 |
| 4779804 | &nbsp;&nbsp;Pool AS1927 | 4.50% | 03/01/2044 | 4686990 |
| 5924216 | &nbsp;&nbsp;Pool AS2038 | 4.50% | 03/01/2044 | 5816499 |
| 3174546 | &nbsp;&nbsp;Pool AS2517 | 4.50% | 05/01/2044 | 3108980 |
| 1459467 | &nbsp;&nbsp;Pool AS2551 | 4.50% | 06/01/2044 | 1432010 |
| 1685337 | &nbsp;&nbsp;Pool AS2765 | 4.50% | 07/01/2044 | 1650159 |
| 7218923 | &nbsp;&nbsp;Pool AS3201 | 3.00% | 08/01/2034 | 6904596 |
| 3342822 | &nbsp;&nbsp;Pool AS3456 | 3.00% | 10/01/2034 | 3195174 |
| 6667785 | &nbsp;&nbsp;Pool AS3666 | 3.00% | 10/01/2034 | 6355693 |
| 24762710 | &nbsp;&nbsp;Pool AS3961 | 3.00% | 12/01/2044 | 22134714 |
| 10152366 | &nbsp;&nbsp;Pool AS4154 | 3.00% | 12/01/2044 | 9062377 |
| 5558710 | &nbsp;&nbsp;Pool AS4212 | 3.00% | 01/01/2035 | 5298767 |
| 8173193 | &nbsp;&nbsp;Pool AS4281 | 3.00% | 01/01/2035 | 7784373 |
| 7249284 | &nbsp;&nbsp;Pool AS4345 | 3.50% | 01/01/2045 | 6772807 |
| 8278180 | &nbsp;&nbsp;Pool AS4360 | 3.00% | 01/01/2035 | 7872479 |
| 8696045 | &nbsp;&nbsp;Pool AS4779 | 3.00% | 04/01/2035 | 8258648 |
| 7116002 | &nbsp;&nbsp;Pool AS4780 | 3.00% | 04/01/2035 | 6761498 |
| 8997497 | &nbsp;&nbsp;Pool AS4840 | 3.00% | 04/01/2035 | 8545017 |
| 6078292 | &nbsp;&nbsp;Pool AS4881 | 3.00% | 05/01/2035 | 5772729 |
| 12064999 | &nbsp;&nbsp;Pool AS7473 | 3.00% | 07/01/2046 | 10508334 |
| 23846922 | &nbsp;&nbsp;Pool AS7661 | 3.00% | 08/01/2046 | 20769893 |
| 16086603 | &nbsp;&nbsp;Pool AS8056 | 3.00% | 10/01/2046 | 14279460 |
| 22280101 | &nbsp;&nbsp;Pool AS8111 | 3.00% | 10/01/2041 | 20156162 |
| 13942310 | &nbsp;&nbsp;Pool AS8269 | 3.00% | 11/01/2046 | 12376062 |
| 12346834 | &nbsp;&nbsp;Pool AS8306 | 3.00% | 11/01/2041 | 11185118 |
| 14569932 | &nbsp;&nbsp;Pool AS8356 | 3.00% | 11/01/2046 | 12689957 |
| 11624041 | &nbsp;&nbsp;Pool AX9696 | 3.00% | 07/01/2045 | 10124320 |
| 13781009 | &nbsp;&nbsp;Pool AY3974 | 3.00% | 03/01/2045 | 12289816 |
| 5551778 | &nbsp;&nbsp;Pool AY4295 | 3.00% | 02/01/2045 | 4842346 |
| 395335 | &nbsp;&nbsp;Pool AY4296 | 3.00% | 01/01/2045 | 344315 |
| 2591826 | &nbsp;&nbsp;Pool AY5471 | 3.00% | 03/01/2045 | 2257371 |
| 4511649 | &nbsp;&nbsp;Pool AZ0576 | 3.50% | 04/01/2042 | 4165661 |
| 7213762 | &nbsp;&nbsp;Pool BC0785 | 3.50% | 04/01/2046 | 6666597 |
| 13482293 | &nbsp;&nbsp;Pool BC9003 | 3.00% | 11/01/2046 | 11973302 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 7176035 | &nbsp;&nbsp;Pool BC9081 | 3.00% | 12/01/2046 | 6372878 |
| 64928625 | &nbsp;&nbsp;Pool BF0314 | 3.00% | 01/01/2053 | 56853346 |
| 56500146 | &nbsp;&nbsp;Pool BF0353 | 3.00% | 05/01/2053 | 49472289 |
| 28288532 | &nbsp;&nbsp;Pool BF0391 | 3.00% | 09/01/2053 | 24770031 |
| 19547405 | &nbsp;&nbsp;Pool BK8257 | 1.50% | 12/01/2050 | 14363960 |
| 15748072 | &nbsp;&nbsp;Pool BK8267 | 2.50% | 12/01/2050 | 13294446 |
| 9000000 | &nbsp;&nbsp;Pool BL0357 | 3.89% | 10/01/2038 | 8076144 |
| 43451856 | &nbsp;&nbsp;Pool BL0870 | 4.28% | 12/01/2048 | 38191468 |
| 4912129 | &nbsp;&nbsp;Pool BL2303 | 3.36% | 05/01/2031 | 4682261 |
| 8860000 | &nbsp;&nbsp;Pool BL4038 | 2.98% | 09/01/2034 | 7847470 |
| 8190000 | &nbsp;&nbsp;Pool BL5840 | 2.73% | 02/01/2035 | 6876621 |
| 6230729 | &nbsp;&nbsp;Pool BL6639 | 2.66% | 05/01/2050 | 4825210 |
| 16167425 | &nbsp;&nbsp;Pool BL6689 | 2.19% | 05/01/2032 | 14167944 |
| 36488000 | &nbsp;&nbsp;Pool BL7110 | 1.76% | 07/01/2035 | 28980279 |
| 3568101 | &nbsp;&nbsp;Pool BL7331 | 2.23% | 07/01/2040 | 2548700 |
| 20400000 | &nbsp;&nbsp;Pool BL7424 | 1.65% | 08/01/2035 | 15776621 |
| 40000000 | &nbsp;&nbsp;Pool BL8165 | 1.35% | 09/01/2032 | 33014247 |
| 31501875 | &nbsp;&nbsp;Pool BL8269 | 1.51% | 09/01/2035 | 24477141 |
| 17000000 | &nbsp;&nbsp;Pool BL8977 | 1.20% | 11/01/2030 | 14533871 |
| 10463693 | &nbsp;&nbsp;Pool BL9284 | 2.23% | 12/01/2050 | 7452614 |
| 53000000 | &nbsp;&nbsp;Pool BL9576 | 2.24% | 12/01/2050 | 35884889 |
| 15743622 | &nbsp;&nbsp;Pool BM5299 | 3.00% | 12/01/2046 | 13982484 |
| 24502647 | &nbsp;&nbsp;Pool BM5633 | 3.00% | 07/01/2047 | 21741243 |
| 3652438 | &nbsp;&nbsp;Pool BM5834 | 3.00% | 04/01/2048 | 3181350 |
| 43330320 | &nbsp;&nbsp;Pool BM6779 | 2.00% | 08/01/2051 | 33618889 |
| 156150369 | &nbsp;&nbsp;Pool BM6831 | 1.92 %<sup>(b)</sup> | 10/01/2033 | 129119144 |
| 76751113 | &nbsp;&nbsp;Pool BM6857 | 1.83 %<sup>(b)</sup> | 12/01/2031 | 66331869 |
| 19595599 | &nbsp;&nbsp;Pool BM7154 (30 day avg SOFR US + 2.29%, 2.29% Floor, 9.72% Cap) | 4.72% | 03/01/2053 | 19541496 |
| 24749860 | &nbsp;&nbsp;Pool BM7164 (30 day avg SOFR US + 2.27%, 2.27% Floor, 9.54% Cap) | 4.54% | 03/01/2053 | 24532985 |
| 7879679 | &nbsp;&nbsp;Pool BQ6432 | 2.00% | 08/01/2051 | 6113701 |
| 15024347 | &nbsp;&nbsp;Pool BQ6564 | 2.00% | 09/01/2051 | 11656990 |
| 27552592 | &nbsp;&nbsp;Pool BR2290 (30 day avg SOFR US + 2.12%, 2.12% Floor, 7.01% Cap) | 2.02% | 08/01/2051 | 25007313 |
| 5592000 | &nbsp;&nbsp;Pool BS2500 | 1.81% | 06/01/2030 | 4989586 |
| 3000000 | &nbsp;&nbsp;Pool BS2580 | 2.15% | 08/01/2033 | 2522605 |
| 9975000 | &nbsp;&nbsp;Pool BS2834 | 2.24% | 08/01/2041 | 6922341 |
| 34043000 | &nbsp;&nbsp;Pool BS3101 | 1.91% | 09/01/2033 | 28296063 |
| 2595000 | &nbsp;&nbsp;Pool BS3163 | 1.75% | 08/01/2030 | 2303187 |
| 19880000 | &nbsp;&nbsp;Pool BS3192 | 2.03% | 09/01/2036 | 15179928 |
| 16125000 | &nbsp;&nbsp;Pool BS3314 | 1.83% | 10/01/2033 | 13358733 |
| 25042000 | &nbsp;&nbsp;Pool BS3426 | 1.76% | 11/01/2031 | 21324519 |
| 12048000 | &nbsp;&nbsp;Pool BS3431 | 1.83% | 11/01/2033 | 9911624 |
| 6536000 | &nbsp;&nbsp;Pool BS3434 | 1.83% | 11/01/2033 | 5377023 |
| 32694000 | &nbsp;&nbsp;Pool BS3442 | 2.12% | 10/01/2036 | 25287839 |
| 7339000 | &nbsp;&nbsp;Pool BS3955 | 2.30% | 12/01/2036 | 5786468 |
| 48972000 | &nbsp;&nbsp;Pool BS4111 | 1.98% | 01/01/2032 | 42580664 |
| 46000000 | &nbsp;&nbsp;Pool BS4125 | 2.32% | 12/01/2031 | 40934365 |
| 20461656 | &nbsp;&nbsp;Pool BS4177 | 1.94% | 12/01/2031 | 17904257 |
| 12500000 | &nbsp;&nbsp;Pool BS4213 | 2.46% | 12/01/2036 | 10195957 |
| 18199000 | &nbsp;&nbsp;Pool BS4225 | 2.36% | 01/01/2037 | 14528354 |
| 19825296 | &nbsp;&nbsp;Pool BS4273 | 1.93% | 12/01/2031 | 17304516 |
| 33675000 | &nbsp;&nbsp;Pool BS4276 | 2.03% | 01/01/2032 | 29492485 |
| 51025000 | &nbsp;&nbsp;Pool BS4306 | 1.92% | 01/01/2032 | 43704874 |
| 26822938 | &nbsp;&nbsp;Pool BS4319 | 2.35% | 01/01/2039 | 20865668 |
| 30761000 | &nbsp;&nbsp;Pool BS4333 | 1.89% | 01/01/2032 | 26492854 |
| 12000000 | &nbsp;&nbsp;Pool BS4334 | 2.01% | 01/01/2034 | 9841176 |
| 17699306 | &nbsp;&nbsp;Pool BS4359 | 1.99% | 01/01/2032 | 15542019 |
| 53950000 | &nbsp;&nbsp;Pool BS4453 | 1.96% | 01/01/2032 | 46668422 |
| 51688000 | &nbsp;&nbsp;Pool BS4524 | 2.02% | 01/01/2032 | 44628595 |
| 41850000 | &nbsp;&nbsp;Pool BS4736 | 2.00% | 02/01/2032 | 35945373 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 24500000 | &nbsp;&nbsp;Pool BS4737 | 2.00% | 02/01/2032 | 21043289 |
| 20155000 | &nbsp;&nbsp;Pool BS4951 | 2.63% | 04/01/2032 | 17964322 |
| 10932605 | &nbsp;&nbsp;Pool BS5636 | 3.72% | 06/01/2032 | 10481195 |
| 6678790 | &nbsp;&nbsp;Pool BS5685 | 4.20% | 05/01/2052 | 5904467 |
| 8665000 | &nbsp;&nbsp;Pool BS6102 | 4.10% | 08/01/2032 | 8462308 |
| 4200000 | &nbsp;&nbsp;Pool BS6131 | 3.89% | 07/01/2032 | 4035377 |
| 3600000 | &nbsp;&nbsp;Pool BS6419 | 3.89% | 09/01/2032 | 3475706 |
| 24762678 | &nbsp;&nbsp;Pool BS6649 | 3.89% | 10/01/2032 | 23828259 |
| 159468000 | &nbsp;&nbsp;Pool BS6912 | 4.33% | 12/01/2032 | 157157046 |
| 4131000 | &nbsp;&nbsp;Pool BS7305 | 5.22% | 01/01/2032 | 4292472 |
| 7863000 | &nbsp;&nbsp;Pool BS7410 | 5.48% | 01/01/2033 | 8164138 |
| 3255920 | &nbsp;&nbsp;Pool BS7503 | 4.87% | 04/01/2031 | 3323521 |
| 10467000 | &nbsp;&nbsp;Pool BS8014 | 4.84% | 03/01/2033 | 10655108 |
| 8333000 | &nbsp;&nbsp;Pool BS8657 | 5.10% | 06/01/2030 | 8550651 |
| 5533044 | &nbsp;&nbsp;Pool BS8987 | 5.15% | 07/01/2040 | 5529521 |
| 18259414 | &nbsp;&nbsp;Pool BS9321 | 5.27% | 08/01/2040 | 18433341 |
| 1521462 | &nbsp;&nbsp;Pool BT6556 | 2.00% | 07/01/2051 | 1180449 |
| 9755395 | &nbsp;&nbsp;Pool BV8021 | 4.50% | 08/01/2052 | 9359005 |
| 16379728 | &nbsp;&nbsp;Pool BV8479 | 3.00% | 04/01/2052 | 14320681 |
| 32435355 | &nbsp;&nbsp;Pool BV9869 | 3.00% | 05/01/2052 | 28101870 |
| 10550000 | &nbsp;&nbsp;Pool BZ0079 | 5.21% | 01/01/2034 | 10988821 |
| 27755000 | &nbsp;&nbsp;Pool BZ0115 | 5.27% | 12/01/2033 | 28945476 |
| 14016000 | &nbsp;&nbsp;Pool BZ0452 | 5.36% | 02/01/2054 | 13870569 |
| 138103000 | &nbsp;&nbsp;Pool BZ1178 | 5.81% | 06/01/2031 | 143318377 |
| 49221000 | &nbsp;&nbsp;Pool BZ2148 | 4.40% | 10/01/2029 | 49281865 |
| 21450000 | &nbsp;&nbsp;Pool BZ2151 | 4.40% | 10/01/2029 | 21476524 |
| 16000000 | &nbsp;&nbsp;Pool BZ3061 | 5.26% | 02/01/2030 | 16304136 |
| 6727328 | &nbsp;&nbsp;Pool CA0862 | 3.50% | 09/01/2047 | 6188498 |
| 3817619 | &nbsp;&nbsp;Pool CA3898 | 3.00% | 07/01/2034 | 3701434 |
| 3713612 | &nbsp;&nbsp;Pool CA4413 | 3.00% | 10/01/2049 | 3206910 |
| 32798875 | &nbsp;&nbsp;Pool CA7235 | 2.50% | 10/01/2050 | 27674099 |
| 10701765 | &nbsp;&nbsp;Pool CA7671 | 2.50% | 11/01/2040 | 9740610 |
| 18489102 | &nbsp;&nbsp;Pool CA7789 | 2.50% | 11/01/2040 | 16738397 |
| 14234795 | &nbsp;&nbsp;Pool CB0189 | 3.00% | 04/01/2051 | 12439127 |
| 13361722 | &nbsp;&nbsp;Pool CB1055 (30 day avg SOFR US + 2.22%, 2.22% Floor, 6.86% Cap) | 1.86% | 07/01/2051 | 12090929 |
| 2840832 | &nbsp;&nbsp;Pool CB1648 | 2.00% | 09/01/2051 | 2204160 |
| 62855422 | &nbsp;&nbsp;Pool CB3116 | 3.00% | 03/01/2052 | 55061660 |
| 57279128 | &nbsp;&nbsp;Pool CB3166 | 3.00% | 03/01/2052 | 50066418 |
| 12089111 | &nbsp;&nbsp;Pool CB3332 | 3.50% | 04/01/2052 | 10998590 |
| 82835175 | &nbsp;&nbsp;Pool CB4291 | 5.00% | 08/01/2052 | 81686311 |
| 41604000 | &nbsp;&nbsp;Pool CB4347 | 5.00% | 08/01/2052 | 41422582 |
| 48091652 | &nbsp;&nbsp;Pool CB4391 | 4.50% | 08/01/2052 | 46150972 |
| 60024210 | &nbsp;&nbsp;Pool CB5221 | 5.00% | 12/01/2052 | 59185576 |
| 17278922 | &nbsp;&nbsp;Pool CB6266 | 6.00% | 05/01/2053 | 17700798 |
| 35507955 | &nbsp;&nbsp;Pool CB7272 | 6.00% | 10/01/2053 | 36435978 |
| 22092526 | &nbsp;&nbsp;Pool CB7335 | 5.50% | 10/01/2053 | 22332558 |
| 16578606 | &nbsp;&nbsp;Pool CB7433 | 5.50% | 11/01/2053 | 16786734 |
| 27735976 | &nbsp;&nbsp;Pool CB7781 | 5.50% | 01/01/2054 | 27837374 |
| 42586381 | &nbsp;&nbsp;Pool CB7996 | 6.00% | 02/01/2054 | 43786830 |
| 38991273 | &nbsp;&nbsp;Pool CB8138 | 5.50% | 03/01/2054 | 39394650 |
| 37975664 | &nbsp;&nbsp;Pool CB8680 | 5.50% | 06/01/2054 | 38349755 |
| 49739962 | &nbsp;&nbsp;Pool CB8692 | 5.50% | 06/01/2054 | 50374060 |
| 69529975 | &nbsp;&nbsp;Pool CB8845 | 5.50% | 07/01/2054 | 70416364 |
| 66092376 | &nbsp;&nbsp;Pool CB8851 | 6.00% | 07/01/2054 | 67935992 |
| 53090077 | &nbsp;&nbsp;Pool CB8986 | 5.50% | 08/01/2054 | 53736527 |
| 50666778 | &nbsp;&nbsp;Pool CB9138 | 5.50% | 09/01/2054 | 51265187 |
| 26260683 | &nbsp;&nbsp;Pool CB9139 | 5.50% | 09/01/2054 | 26503792 |
| 97790238 | &nbsp;&nbsp;Pool CB9147 | 5.50% | 09/01/2054 | 98980989 |
| 48090457 | &nbsp;&nbsp;Pool CB9321 | 5.50% | 10/01/2054 | 48676036 |
| 22099758 | &nbsp;&nbsp;Pool FA0475 | 5.50% | 12/01/2054 | 22239013 |
| 40367310 | &nbsp;&nbsp;Pool FM1000 | 3.00% | 04/01/2047 | 35834902 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 21357603 | &nbsp;&nbsp;Pool FM4347 | 2.50% | 09/01/2050 | 18004179 |
| 38308601 | &nbsp;&nbsp;Pool FM4752 | 2.50% | 11/01/2050 | 32365506 |
| 42035712 | &nbsp;&nbsp;Pool FM4792 | 2.50% | 11/01/2050 | 35482950 |
| 23293476 | &nbsp;&nbsp;Pool FM4913 | 2.50% | 11/01/2050 | 19657478 |
| 30244242 | &nbsp;&nbsp;Pool FM5150 | 2.00% | 12/01/2050 | 24295805 |
| 4402849 | &nbsp;&nbsp;Pool FM6864 | 1.50% | 04/01/2041 | 3656555 |
| 55673784 | &nbsp;&nbsp;Pool FM7557 | 3.50% | 03/01/2050 | 50963506 |
| 24861147 | &nbsp;&nbsp;Pool FM8158 | 2.50% | 07/01/2051 | 21151109 |
| 56524788 | &nbsp;&nbsp;Pool FM8215 | 2.50% | 03/01/2051 | 47682315 |
| 41007874 | &nbsp;&nbsp;Pool FM8304 | 4.00% | 07/01/2049 | 38796307 |
| 54656249 | &nbsp;&nbsp;Pool FM8435 | 2.50% | 09/01/2051 | 46100525 |
| 98287599 | &nbsp;&nbsp;Pool FM8533 | 2.50% | 03/01/2051 | 83003343 |
| 61551387 | &nbsp;&nbsp;Pool FM8769 | 2.50% | 09/01/2051 | 51894637 |
| 32771658 | &nbsp;&nbsp;Pool FM8780 | 2.50% | 09/01/2051 | 27542842 |
| 9355610 | &nbsp;&nbsp;Pool FM9422 | 2.00% | 01/01/2051 | 7471455 |
| 26491289 | &nbsp;&nbsp;Pool FM9490 | 2.00% | 11/01/2051 | 21374082 |
| 34168648 | &nbsp;&nbsp;Pool FP0043 | 2.00% | 10/01/2050 | 27265807 |
| 29306775 | &nbsp;&nbsp;Pool FP0088 | 2.00% | 10/01/2051 | 23332723 |
| 10528263 | &nbsp;&nbsp;Pool FP0107 | 3.50% | 06/01/2047 | 9885755 |
| 30660162 | &nbsp;&nbsp;Pool FS0009 | 3.50% | 11/01/2051 | 27738261 |
| 12243258 | &nbsp;&nbsp;Pool FS0400 | 3.00% | 01/01/2052 | 10789253 |
| 46994928 | &nbsp;&nbsp;Pool FS1472 | 3.50% | 11/01/2050 | 42802095 |
| 77597429 | &nbsp;&nbsp;Pool FS2320 | 2.50% | 04/01/2051 | 64713985 |
| 15282555 | &nbsp;&nbsp;Pool FS2588 | 4.50% | 08/01/2052 | 14665832 |
| 14234081 | &nbsp;&nbsp;Pool FS2837 | 4.00% | 09/01/2052 | 13281646 |
| 13824965 | &nbsp;&nbsp;Pool FS5618 | 5.50% | 08/01/2053 | 14059558 |
| 45246929 | &nbsp;&nbsp;Pool FS5987 | 2.50% | 04/01/2051 | 38220020 |
| 33386491 | &nbsp;&nbsp;Pool FS6232 | 2.00% | 03/01/2052 | 26880121 |
| 15844543 | &nbsp;&nbsp;Pool FS6422 | 6.00% | 11/01/2053 | 16422240 |
| 60187531 | &nbsp;&nbsp;Pool FS6582 | 6.00% | 12/01/2053 | 61864415 |
| 21841714 | &nbsp;&nbsp;Pool FS6843 | 6.00% | 01/01/2054 | 22459491 |
| 45630192 | &nbsp;&nbsp;Pool FS7114 | 5.50% | 02/01/2054 | 46211724 |
| 20526706 | &nbsp;&nbsp;Pool FS7423 | 5.50% | 03/01/2054 | 20713883 |
| 30718522 | &nbsp;&nbsp;Pool FS8152 | 6.00% | 06/01/2054 | 31478810 |
| 26296350 | &nbsp;&nbsp;Pool FS8643 | 6.00% | 07/01/2054 | 27045416 |
| 26582977 | &nbsp;&nbsp;Pool FS8999 | 6.00% | 08/01/2054 | 27391803 |
| 14148241 | &nbsp;&nbsp;Pool FS9026 | 5.50% | 09/01/2053 | 14313781 |
| 20168839 | &nbsp;&nbsp;Pool FS9671 | 5.50% | 11/01/2054 | 20414426 |
| 397928 | &nbsp;&nbsp;Pool MA0264 | 4.50% | 12/01/2029 | 399548 |
| 1444334 | &nbsp;&nbsp;Pool MA0353 | 4.50% | 03/01/2030 | 1450724 |
| 291791 | &nbsp;&nbsp;Pool MA0406 | 4.50% | 05/01/2030 | 293217 |
| 33004 | &nbsp;&nbsp;Pool MA0445 | 5.00% | 06/01/2040 | 32236 |
| 64816 | &nbsp;&nbsp;Pool MA0468 | 5.00% | 07/01/2040 | 63306 |
| 467643 | &nbsp;&nbsp;Pool MA0534 | 4.00% | 10/01/2030 | 464762 |
| 109161 | &nbsp;&nbsp;Pool MA0587 | 4.00% | 12/01/2030 | 108451 |
| 2818679 | &nbsp;&nbsp;Pool MA0616 | 4.00% | 01/01/2031 | 2799981 |
| 946318 | &nbsp;&nbsp;Pool MA0896 | 4.00% | 11/01/2041 | 891012 |
| 9923442 | &nbsp;&nbsp;Pool MA0949 | 3.50% | 01/01/2032 | 9737093 |
| 5920378 | &nbsp;&nbsp;Pool MA1010 | 3.50% | 03/01/2032 | 5808246 |
| 1490584 | &nbsp;&nbsp;Pool MA1039 | 3.50% | 04/01/2042 | 1367072 |
| 7980941 | &nbsp;&nbsp;Pool MA1059 | 3.50% | 05/01/2032 | 7827199 |
| 982452 | &nbsp;&nbsp;Pool MA1068 | 3.50% | 05/01/2042 | 901032 |
| 2724737 | &nbsp;&nbsp;Pool MA1093 | 3.50% | 06/01/2042 | 2498894 |
| 1795855 | &nbsp;&nbsp;Pool MA1094 | 4.00% | 06/01/2042 | 1690889 |
| 11055757 | &nbsp;&nbsp;Pool MA1107 | 3.50% | 07/01/2032 | 10838526 |
| 24285329 | &nbsp;&nbsp;Pool MA1117 | 3.50% | 07/01/2042 | 22272234 |
| 24537525 | &nbsp;&nbsp;Pool MA1136 | 3.50% | 08/01/2042 | 22503730 |
| 7680800 | &nbsp;&nbsp;Pool MA1138 | 3.50% | 08/01/2032 | 7558030 |
| 7339935 | &nbsp;&nbsp;Pool MA1179 | 3.50% | 09/01/2042 | 6731539 |
| 1514957 | &nbsp;&nbsp;Pool MA1201 | 3.50% | 10/01/2032 | 1485244 |
| 12341087 | &nbsp;&nbsp;Pool MA1209 | 3.50% | 10/01/2042 | 11318086 |
| 10137582 | &nbsp;&nbsp;Pool MA1237 | 3.00% | 11/01/2032 | 9770771 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1152967 | &nbsp;&nbsp;Pool MA1242 | 3.50% | 11/01/2042 | 1057392 |
| 5754608 | &nbsp;&nbsp;Pool MA1338 | 3.00% | 02/01/2033 | 5537981 |
| 3152842 | &nbsp;&nbsp;Pool MA1490 | 3.00% | 07/01/2033 | 3039219 |
| 4263033 | &nbsp;&nbsp;Pool MA2114 | 3.50% | 12/01/2044 | 3898807 |
| 3077875 | &nbsp;&nbsp;Pool MA2151 | 3.50% | 01/01/2045 | 2814903 |
| 9846822 | &nbsp;&nbsp;Pool MA2164 | 3.50% | 02/01/2035 | 9574493 |
| 9058292 | &nbsp;&nbsp;Pool MA2166 | 3.50% | 02/01/2045 | 8284279 |
| 9067173 | &nbsp;&nbsp;Pool MA2248 | 3.00% | 04/01/2045 | 7908576 |
| 11776627 | &nbsp;&nbsp;Pool MA2621 | 3.50% | 05/01/2046 | 10727441 |
| 14106919 | &nbsp;&nbsp;Pool MA2649 | 3.00% | 06/01/2046 | 12286620 |
| 12856299 | &nbsp;&nbsp;Pool MA2650 | 3.50% | 06/01/2046 | 11711042 |
| 4313413 | &nbsp;&nbsp;Pool MA2673 | 3.00% | 07/01/2046 | 3756828 |
| 15665640 | &nbsp;&nbsp;Pool MA2711 | 3.00% | 08/01/2046 | 13644278 |
| 1515355 | &nbsp;&nbsp;Pool MA2743 | 3.00% | 09/01/2046 | 1319812 |
| 35001765 | &nbsp;&nbsp;Pool MA2806 | 3.00% | 11/01/2046 | 31084201 |
| 11262966 | &nbsp;&nbsp;Pool MA2833 | 3.00% | 12/01/2046 | 9997701 |
| 14319516 | &nbsp;&nbsp;Pool MA2895 | 3.00% | 02/01/2047 | 12698942 |
| 6255384 | &nbsp;&nbsp;Pool MA3357 | 4.00% | 05/01/2048 | 5924295 |
| 8234863 | &nbsp;&nbsp;Pool MA3614 | 3.50% | 03/01/2049 | 7514515 |
| 1406417 | &nbsp;&nbsp;Pool MA3894 | 4.00% | 09/01/2031 | 1396780 |
| 32139897 | &nbsp;&nbsp;Pool MA4100 | 2.00% | 08/01/2050 | 25477763 |
| 70200068 | &nbsp;&nbsp;Pool MA4191 | 2.00% | 11/01/2050 | 54380261 |
| 83453256 | &nbsp;&nbsp;Pool MA4306 | 2.50% | 04/01/2051 | 69731580 |
| 18857305 | &nbsp;&nbsp;Pool MA5480 | 5.50% | 09/01/2044 | 19201004 |
| 53509112 | &nbsp;&nbsp;Pool MA5503 | 5.50% | 10/01/2044 | 54456891 |
| 191751 | &nbsp;&nbsp;Series 2002-70-QZ | 5.50% | 11/25/2032 | 197552 |
| 283144 | &nbsp;&nbsp;Series 2002-75-ZG | 5.50% | 11/25/2032 | 290852 |
| 728000 | &nbsp;&nbsp;Series 2003-29-ZL | 5.00% | 04/25/2033 | 739744 |
| 340319 | &nbsp;&nbsp;Series 2003-64-ZG | 5.50% | 07/25/2033 | 351422 |
| 2959349 | &nbsp;&nbsp;Series 2003-84-PZ | 5.00% | 09/25/2033 | 3014795 |
| 145792 | &nbsp;&nbsp;Series 2004-46-PJ (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 03/25/2034 | 823 |
| 867262 | &nbsp;&nbsp;Series 2004-51-XP (-1 x 30 day avg SOFR US + 7.59%, 0.00% Floor, 7.70% Cap) | 3.28 %<sup>(f)(h)</sup> | 07/25/2034 | 96251 |
| 780 | &nbsp;&nbsp;Series 2005-107-EG | 4.50% | 01/25/2026 | 777 |
| 160484 | &nbsp;&nbsp;Series 2005-37-ZK | 4.50% | 05/25/2035 | 157844 |
| 1433003 | &nbsp;&nbsp;Series 2005-87-SG (-1 x 30 day avg SOFR US + 6.59%, 0.00% Floor, 6.70% Cap) | 2.28 %<sup>(f)(h)</sup> | 10/25/2035 | 127044 |
| 1350459 | &nbsp;&nbsp;Series 2006-101-SA (-1 x 30 day avg SOFR US + 6.47%, 0.00% Floor, 6.58% Cap) | 2.16 %<sup>(f)(h)</sup> | 10/25/2036 | 156664 |
| 549241 | &nbsp;&nbsp;Series 2006-123-LI (-1 x 30 day avg SOFR US + 6.21%, 0.00% Floor, 6.32% Cap) | 1.90 %<sup>(f)(h)</sup> | 01/25/2037 | 62694 |
| 226960 | &nbsp;&nbsp;Series 2006-16-HZ | 5.50% | 03/25/2036 | 236968 |
| 1965970 | &nbsp;&nbsp;Series 2006-56-SM (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap) | 2.33 %<sup>(f)(h)</sup> | 07/25/2036 | 174677 |
| 224057 | &nbsp;&nbsp;Series 2006-93-SN (-1 x 30 day avg SOFR US + 6.49%, 0.00% Floor, 6.60% Cap) | 2.18 %<sup>(f)(h)</sup> | 10/25/2036 | 16356 |
| 2757898 | &nbsp;&nbsp;Series 2007-109-VZ | 5.00% | 10/25/2035 | 2810023 |
| 342829 | &nbsp;&nbsp;Series 2007-116-BI (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap) | 1.83 %<sup>(f)(h)</sup> | 05/25/2037 | 27283 |
| 2188441 | &nbsp;&nbsp;Series 2007-14-PS (-1 x 30 day avg SOFR US + 6.70%, 0.00% Floor, 6.81% Cap) | 2.39 %<sup>(f)(h)</sup> | 03/25/2037 | 259778 |
| 1052523 | &nbsp;&nbsp;Series 2007-30-OI (-1 x 30 day avg SOFR US + 6.33%, 0.00% Floor, 6.44% Cap) | 2.02 %<sup>(f)(h)</sup> | 04/25/2037 | 122729 |
| 110505 | &nbsp;&nbsp;Series 2007-30-SI (-1 x 30 day avg SOFR US + 6.00%, 0.00% Floor, 6.11% Cap) | 1.69 %<sup>(f)(h)</sup> | 04/25/2037 | 8456 |
| 902632 | &nbsp;&nbsp;Series 2007-32-SG (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap) | 1.68 %<sup>(f)(h)</sup> | 04/25/2037 | 77664 |
| 860491 | &nbsp;&nbsp;Series 2007-57-SX (-1 x 30 day avg SOFR US + 6.51%, 0.00% Floor, 6.62% Cap) | 2.20 %<sup>(f)(h)</sup> | 10/25/2036 | 90330 |
| 1546870 | &nbsp;&nbsp;Series 2007-60-VZ | 6.00% | 07/25/2037 | 1638768 |
| 673468 | &nbsp;&nbsp;Series 2007-71-GZ | 6.00% | 07/25/2047 | 713803 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1111557 | &nbsp;&nbsp;Series 2007-75-ID (-1 x 30 day avg SOFR US + 5.76%, 0.00% Floor, 5.87% Cap) | 1.45 %<sup>(f)(h)</sup> | 08/25/2037 | 118881 |
| 165302 | &nbsp;&nbsp;Series 2007-9-SD (-1 x 30 day avg SOFR US + 6.54%, 0.00% Floor, 6.65% Cap) | 2.23 %<sup>(f)(h)</sup> | 03/25/2037 | 10596 |
| 1118271 | &nbsp;&nbsp;Series 2008-29-ZA | 4.50% | 04/25/2038 | 1115874 |
| 2235018 | &nbsp;&nbsp;Series 2008-48-BE | 5.00% | 06/25/2034 | 2278026 |
| 223868 | &nbsp;&nbsp;Series 2008-48-SD (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 06/25/2037 | 17734 |
| 293443 | &nbsp;&nbsp;Series 2008-5-MS (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap) | 1.83 %<sup>(f)(h)</sup> | 02/25/2038 | 20886 |
| 97008 | &nbsp;&nbsp;Series 2008-53-LI (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap) | 1.73 %<sup>(f)(h)</sup> | 07/25/2038 | 7589 |
| 224747 | &nbsp;&nbsp;Series 2008-57-SE (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 02/25/2037 | 17087 |
| 267990 | &nbsp;&nbsp;Series 2008-61-SC (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 07/25/2038 | 18604 |
| 179609 | &nbsp;&nbsp;Series 2008-62-SC (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 07/25/2038 | 11357 |
| 619856 | &nbsp;&nbsp;Series 2008-65-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 08/25/2038 | 58078 |
| 143045 | &nbsp;&nbsp;Series 2008-81-LP | 5.50% | 09/25/2038 | 146087 |
| 1378343 | &nbsp;&nbsp;Series 2009-106-EZ | 4.50% | 01/25/2040 | 1372394 |
| 216096 | &nbsp;&nbsp;Series 2009-111-SE (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap) | 1.83 %<sup>(f)(h)</sup> | 01/25/2040 | 22883 |
| 98050 | &nbsp;&nbsp;Series 2009-16-MZ | 5.00% | 03/25/2029 | 97583 |
| 512765 | &nbsp;&nbsp;Series 2009-42-SI (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 06/25/2039 | 40291 |
| 500193 | &nbsp;&nbsp;Series 2009-42-SX (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 06/25/2039 | 42626 |
| 209228 | &nbsp;&nbsp;Series 2009-47-SA (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap) | 1.68 %<sup>(f)(h)</sup> | 07/25/2039 | 11512 |
| 155391 | &nbsp;&nbsp;Series 2009-48-WS (-1 x 30 day avg SOFR US + 5.84%, 0.00% Floor, 5.95% Cap) | 1.53 %<sup>(f)(h)</sup> | 07/25/2039 | 13570 |
| 1559827 | &nbsp;&nbsp;Series 2009-49-S (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap) | 2.33 %<sup>(f)(h)</sup> | 07/25/2039 | 153968 |
| 196887 | &nbsp;&nbsp;Series 2009-51-BZ | 4.50% | 07/25/2039 | 196132 |
| 311432 | &nbsp;&nbsp;Series 2009-54-EZ | 5.00% | 07/25/2039 | 316325 |
| 200090 | &nbsp;&nbsp;Series 2009-70-SA (-1 x 30 day avg SOFR US + 5.69%, 0.00% Floor, 5.80% Cap) | 1.38 %<sup>(f)(h)</sup> | 09/25/2039 | 18999 |
| 1087632 | &nbsp;&nbsp;Series 2009-80-PM | 4.50% | 10/25/2039 | 1082584 |
| 1009903 | &nbsp;&nbsp;Series 2009-83-Z | 4.50% | 10/25/2039 | 1005342 |
| 3584415 | &nbsp;&nbsp;Series 2009-85-ES (-1 x 30 day avg SOFR US + 7.12%, 0.00% Floor, 7.23% Cap) | 2.81 %<sup>(f)(h)</sup> | 01/25/2036 | 344634 |
| 6330322 | &nbsp;&nbsp;Series 2009-85-JS (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap) | 2.33 %<sup>(f)(h)</sup> | 10/25/2039 | 703918 |
| 369623 | &nbsp;&nbsp;Series 2009-90-IB (-1 x 30 day avg SOFR US + 5.61%, 0.00% Floor, 5.72% Cap) | 1.30 %<sup>(f)(h)</sup> | 04/25/2037 | 23192 |
| 150792 | &nbsp;&nbsp;Series 2009-94-BC | 5.00% | 11/25/2039 | 154679 |
| 1551791 | &nbsp;&nbsp;Series 2010-10-SA (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap) | 1.93 %<sup>(f)(h)</sup> | 02/25/2040 | 162270 |
| 544567 | &nbsp;&nbsp;Series 2010-10-ZA | 4.50% | 02/25/2040 | 541899 |
| 4561892 | &nbsp;&nbsp;Series 2010-101-SA (-1 x 30 day avg SOFR US + 4.37%, 0.00% Floor, 4.48% Cap) | 0.06 %<sup>(f)(h)</sup> | 09/25/2040 | 175223 |
| 2531650 | &nbsp;&nbsp;Series 2010-101-ZC | 4.50% | 09/25/2040 | 2516670 |
| 680833 | &nbsp;&nbsp;Series 2010-111-S (-1 x 30 day avg SOFR US + 5.84%, 0.00% Floor, 5.95% Cap) | 1.53 %<sup>(f)(h)</sup> | 10/25/2050 | 62276 |
| 862514 | &nbsp;&nbsp;Series 2010-116-Z | 4.00% | 10/25/2040 | 832751 |
| 194085 | &nbsp;&nbsp;Series 2010-117-SA (-1 x 30 day avg SOFR US + 4.39%, 0.00% Floor, 4.50% Cap) | 0.08 %<sup>(f)(h)</sup> | 10/25/2040 | 8266 |
| 635850 | &nbsp;&nbsp;Series 2010-120-KD | 4.00% | 10/25/2040 | 613888 |
| 5274894 | &nbsp;&nbsp;Series 2010-121-SD (-1 x 30 day avg SOFR US + 4.39%, 0.00% Floor, 4.50% Cap) | 0.08 %<sup>(f)(h)</sup> | 10/25/2040 | 198675 |
| 242685 | &nbsp;&nbsp;Series 2010-126-SU (-11 x 30 day avg SOFR US + 53.74%, 0.00% Floor, 55.00% Cap) | 6.30 %<sup>(h)</sup> | 11/25/2040 | 312972 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 178693 | &nbsp;&nbsp;Series 2010-126-SX (-3 x 30 day avg SOFR US + 14.66%, 0.00% Floor, 15.00% Cap) | 1.72 %<sup>(h)</sup> | 11/25/2040 | 160490 |
| 942237 | &nbsp;&nbsp;Series 2010-128-HZ | 4.00% | 11/25/2040 | 909127 |
| 523107 | &nbsp;&nbsp;Series 2010-132-Z | 4.50% | 11/25/2040 | 519401 |
| 77729 | &nbsp;&nbsp;Series 2010-137-VS (-3 x 30 day avg SOFR US + 14.66%, 0.00% Floor, 15.00% Cap) | 1.72 %<sup>(h)</sup> | 12/25/2040 | 76641 |
| 3852561 | &nbsp;&nbsp;Series 2010-142-AZ | 4.00% | 12/25/2040 | 3723603 |
| 9888 | &nbsp;&nbsp;Series 2010-148-SA (-1 x 30 day avg SOFR US + 6.54%, 0.00% Floor, 6.65% Cap) | 2.23 %<sup>(f)(h)</sup> | 01/25/2026 | 24 |
| 2613775 | &nbsp;&nbsp;Series 2010-16-SA (-1 x 30 day avg SOFR US + 5.34%, 0.00% Floor, 5.45% Cap) | 1.03 %<sup>(f)(h)</sup> | 03/25/2040 | 244117 |
| 703729 | &nbsp;&nbsp;Series 2010-2-MS (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap) | 1.83 %<sup>(f)(h)</sup> | 02/25/2050 | 84970 |
| 993060 | &nbsp;&nbsp;Series 2010-21-DZ | 5.00% | 03/25/2040 | 1018035 |
| 477189 | &nbsp;&nbsp;Series 2010-21-KS (-1 x 30 day avg SOFR US + 4.84%, 0.00% Floor, 4.95% Cap) | 0.53 %<sup>(f)(h)</sup> | 03/25/2040 | 22419 |
| 486390 | &nbsp;&nbsp;Series 2010-31-SA (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap) | 0.58 %<sup>(f)(h)</sup> | 04/25/2040 | 25982 |
| 535089 | &nbsp;&nbsp;Series 2010-34-PS (-1 x 30 day avg SOFR US + 4.82%, 0.00% Floor, 4.93% Cap) | 0.51 %<sup>(f)(h)</sup> | 04/25/2040 | 24707 |
| 147407 | &nbsp;&nbsp;Series 2010-35-ES (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap) | 2.03 %<sup>(f)(h)</sup> | 04/25/2040 | 5250 |
| 64613 | &nbsp;&nbsp;Series 2010-35-SV (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap) | 2.03 %<sup>(f)(h)</sup> | 04/25/2040 | 1153 |
| 592651 | &nbsp;&nbsp;Series 2010-4-SK (-1 x 30 day avg SOFR US + 6.12%, 0.00% Floor, 6.23% Cap) | 1.81 %<sup>(f)(h)</sup> | 02/25/2040 | 48154 |
| 494917 | &nbsp;&nbsp;Series 2010-46-MS (-1 x 30 day avg SOFR US + 4.84%, 0.00% Floor, 4.95% Cap) | 0.53 %<sup>(f)(h)</sup> | 05/25/2040 | 24964 |
| 2820626 | &nbsp;&nbsp;Series 2010-49-ZW | 4.50% | 05/25/2040 | 2808590 |
| 272784 | &nbsp;&nbsp;Series 2010-58-ES (-3 x 30 day avg SOFR US + 12.18%, 0.00% Floor, 12.47% Cap) | 1.11 %<sup>(h)</sup> | 06/25/2040 | 263957 |
| 1831109 | &nbsp;&nbsp;Series 2010-59-MS (-1 x 30 day avg SOFR US + 5.66%, 0.00% Floor, 5.77% Cap) | 1.35 %<sup>(f)(h)</sup> | 06/25/2040 | 163185 |
| 2194705 | &nbsp;&nbsp;Series 2010-59-SC (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap) | 0.58 %<sup>(f)(h)</sup> | 01/25/2040 | 97589 |
| 135630 | &nbsp;&nbsp;Series 2010-60-VZ | 5.00% | 10/25/2039 | 136613 |
| 158810 | &nbsp;&nbsp;Series 2010-61-EL | 4.50% | 06/25/2040 | 158068 |
| 2139289 | &nbsp;&nbsp;Series 2010-64-EZ | 5.00% | 06/25/2040 | 2192142 |
| 1435228 | &nbsp;&nbsp;Series 2010-79-CZ | 4.00% | 07/25/2040 | 1389085 |
| 790844 | &nbsp;&nbsp;Series 2010-84-ZC | 4.50% | 08/25/2040 | 786846 |
| 1581685 | &nbsp;&nbsp;Series 2010-84-ZD | 4.50% | 08/25/2040 | 1573688 |
| 2101213 | &nbsp;&nbsp;Series 2010-84-ZG | 4.50% | 08/25/2040 | 2089731 |
| 339270 | &nbsp;&nbsp;Series 2010-9-DS (-1 x 30 day avg SOFR US + 5.19%, 0.50% Floor, 5.30% Cap) | 0.88 %<sup>(f)(h)</sup> | 02/25/2040 | 19267 |
| 145968 | &nbsp;&nbsp;Series 2010-90-SA (-1 x 30 day avg SOFR US + 5.74%, 0.00% Floor, 5.85% Cap) | 1.43 %<sup>(f)(h)</sup> | 08/25/2040 | 11020 |
| 620658 | &nbsp;&nbsp;Series 2010-94-Z | 4.50% | 08/25/2040 | 615345 |
| 2803697 | &nbsp;&nbsp;Series 2010-99-SG (-5 x 30 day avg SOFR US + 24.43%, 0.00% Floor, 25.00% Cap) | 2.86 %<sup>(h)</sup> | 09/25/2040 | 3094229 |
| 520021 | &nbsp;&nbsp;Series 2011-110-LS (-2 x 30 day avg SOFR US + 9.87%, 0.00% Floor, 10.10% Cap) | 1.25 %<sup>(h)</sup> | 11/25/2041 | 420522 |
| 1402431 | &nbsp;&nbsp;Series 2011-111-CZ | 4.00% | 11/25/2041 | 1351818 |
| 3066834 | &nbsp;&nbsp;Series 2011-111-EZ | 5.00% | 11/25/2041 | 3133110 |
| 800253 | &nbsp;&nbsp;Series 2011-111-VZ | 4.00% | 11/25/2041 | 770869 |
| 162400 | &nbsp;&nbsp;Series 2011-17-SA (-1 x 30 day avg SOFR US + 6.36%, 0.00% Floor, 6.47% Cap) | 2.05 %<sup>(f)(h)</sup> | 03/25/2041 | 12339 |
| 2656884 | &nbsp;&nbsp;Series 2011-2-GZ | 4.00% | 02/25/2041 | 2580028 |
| 197197 | &nbsp;&nbsp;Series 2011-25-KY | 3.00% | 04/25/2026 | 195803 |
| 1098143 | &nbsp;&nbsp;Series 2011-27-BS (-2 x 30 day avg SOFR US + 8.77%, 0.00% Floor, 9.00% Cap) | 0.15 %<sup>(h)</sup> | 04/25/2041 | 951712 |
| 1106757 | &nbsp;&nbsp;Series 2011-36-VZ | 4.50% | 05/25/2041 | 1099716 |
| 2574778 | &nbsp;&nbsp;Series 2011-37-Z | 4.50% | 05/25/2041 | 2563353 |
| 3860444 | &nbsp;&nbsp;Series 2011-38-BZ | 4.00% | 05/25/2041 | 3812143 |
| 197986 | &nbsp;&nbsp;Series 2011-39-CB | 3.00% | 05/25/2026 | 196493 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 3183836 | &nbsp;&nbsp;Series 2011-39-ZD | 4.00% | 02/25/2041 | 3078498 |
| 1032143 | &nbsp;&nbsp;Series 2011-40-LZ | 4.50% | 05/25/2041 | 1025449 |
| 1222023 | &nbsp;&nbsp;Series 2011-42-MZ | 4.50% | 05/25/2041 | 1206512 |
| 2555486 | &nbsp;&nbsp;Series 2011-45-ZB | 4.50% | 05/25/2041 | 2539232 |
| 7668394 | &nbsp;&nbsp;Series 2011-51-FJ (30 day avg SOFR US + 0.56%, 0.45% Floor, 7.00% Cap) | 4.87% | 06/25/2041 | 7591101 |
| 535466 | &nbsp;&nbsp;Series 2011-59-MA | 4.50% | 07/25/2041 | 535310 |
| 307319 | &nbsp;&nbsp;Series 2011-60-EL | 3.00% | 07/25/2026 | 305155 |
| 4794592 | &nbsp;&nbsp;Series 2011-64-DB | 4.00% | 07/25/2041 | 4703814 |
| 2973275 | &nbsp;&nbsp;Series 2011-77-Z | 3.50% | 08/25/2041 | 2815856 |
| 1605857 | &nbsp;&nbsp;Series 2012-111-LB | 3.50% | 05/25/2041 | 1546863 |
| 13423583 | &nbsp;&nbsp;Series 2012-111-MJ | 4.00% | 04/25/2042 | 12819947 |
| 12928794 | &nbsp;&nbsp;Series 2012-122-DB | 3.00% | 11/25/2042 | 11889580 |
| 3195762 | &nbsp;&nbsp;Series 2012-14-BZ | 4.00% | 03/25/2042 | 3099348 |
| 7710970 | &nbsp;&nbsp;Series 2012-20-ZT | 3.50% | 03/25/2042 | 7321337 |
| 6324392 | &nbsp;&nbsp;Series 2012-70-FY (30 day avg SOFR US + 0.56%, 0.45% Floor, 7.00% Cap) | 4.87% | 07/25/2042 | 6249857 |
| 46094 | &nbsp;&nbsp;Series 2012-80-EA | 2.00% | 04/25/2042 | 45586 |
| 15459655 | &nbsp;&nbsp;Series 2012-86-ZC | 3.50% | 08/25/2042 | 14598005 |
| 11176427 | &nbsp;&nbsp;Series 2012-99-QE | 3.00% | 09/25/2042 | 10241730 |
| 17974306 | &nbsp;&nbsp;Series 2013-130-ZE | 3.00% | 01/25/2044 | 16158853 |
| 23947075 | &nbsp;&nbsp;Series 2013-133-ZT | 3.00% | 01/25/2039 | 22663878 |
| 994109 | &nbsp;&nbsp;Series 2013-58-SC (-2 x 30 day avg SOFR US + 5.83%, 0.00% Floor, 6.00% Cap) | 0.00 %<sup>(h)</sup> | 06/25/2043 | 548762 |
| 1873674 | &nbsp;&nbsp;Series 2013-81-ZQ | 3.00 %<sup>(g)</sup> | 08/25/2043 | 1295242 |
| 4950820 | &nbsp;&nbsp;Series 2013-82-SH (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap) | 1.63 %<sup>(f)(h)</sup> | 12/25/2042 | 380061 |
| 115098 | &nbsp;&nbsp;Series 2014-46-NZ | 3.00 %<sup>(g)</sup> | 06/25/2043 | 80705 |
| 39341740 | &nbsp;&nbsp;Series 2014-64-NZ | 3.00% | 10/25/2044 | 35440476 |
| 14285814 | &nbsp;&nbsp;Series 2014-67-DZ | 3.00% | 10/25/2044 | 13054099 |
| 26475063 | &nbsp;&nbsp;Series 2014-77-VZ | 3.00 %<sup>(g)</sup> | 11/25/2044 | 24117204 |
| 34000931 | &nbsp;&nbsp;Series 2014-84-KZ | 3.00 %<sup>(g)</sup> | 12/25/2044 | 30874121 |
| 2983009 | &nbsp;&nbsp;Series 2015-11-A | 3.00% | 05/25/2034 | 2928810 |
| 16215387 | &nbsp;&nbsp;Series 2015-49-A | 3.00% | 03/25/2044 | 15560444 |
| 10086738 | &nbsp;&nbsp;Series 2015-52-GZ | 3.00% | 07/25/2045 | 9144494 |
| 30932597 | &nbsp;&nbsp;Series 2015-88-BA | 3.00% | 04/25/2044 | 29826658 |
| 2444848 | &nbsp;&nbsp;Series 2015-94-MA | 3.00% | 01/25/2046 | 2192650 |
| 6239109 | &nbsp;&nbsp;Series 2016-2-JA | 2.50% | 02/25/2046 | 6032672 |
| 749102 | &nbsp;&nbsp;Series 2016-79-EP | 3.00% | 01/25/2044 | 740804 |
| 7159881 | &nbsp;&nbsp;Series 2016-95-AG | 2.50% | 06/25/2037 | 6762716 |
| 11248581 | &nbsp;&nbsp;Series 2017-57-BC | 3.00% | 08/25/2057 | 9869605 |
| 8370405 | &nbsp;&nbsp;Series 2018-21-IO | 3.00 %<sup>(f)</sup> | 04/25/2048 | 1385747 |
| 13825097 | &nbsp;&nbsp;Series 2018-21-PO | 0.00 %<sup>(k)</sup> | 04/25/2048 | 9976432 |
| 35651284 | &nbsp;&nbsp;Series 2018-27-AO | 0.00 %<sup>(k)</sup> | 05/25/2048 | 27167754 |
| 8110831 | &nbsp;&nbsp;Series 2018-65-DA | 3.00% | 09/25/2048 | 7209276 |
| 24747419 | &nbsp;&nbsp;Series 2018-7-CD | 3.00% | 02/25/2048 | 22430987 |
| 18530200 | &nbsp;&nbsp;Series 2018-85-PO | 0.00 %<sup>(k)</sup> | 12/25/2048 | 14105158 |
| 12814492 | &nbsp;&nbsp;Series 2019-69-DS (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(f)(h)</sup> | 12/25/2049 | 1491949 |
| 37509895 | &nbsp;&nbsp;Series 2019-78-ZB | 3.00% | 01/25/2050 | 32742436 |
| 204731262 | &nbsp;&nbsp;Series 2019-M16-X | 1.29 %<sup>(b)(f)</sup> | 07/25/2031 | 8468668 |
| 460457913 | &nbsp;&nbsp;Series 2019-M18-X | 0.83 %<sup>(b)(f)</sup> | 08/25/2029 | 9627668 |
| 195256142 | &nbsp;&nbsp;Series 2019-M24-2XA | 1.27 %<sup>(b)(f)</sup> | 03/25/2031 | 9011286 |
| 260926644 | &nbsp;&nbsp;Series 2019-M24-XA | 1.37 %<sup>(b)(f)</sup> | 03/25/2029 | 9054989 |
| 152758254 | &nbsp;&nbsp;Series 2019-M7-X | 0.44 %<sup>(b)(f)</sup> | 04/25/2029 | 1614227 |
| 28670390 | &nbsp;&nbsp;Series 2020-47-GL | 2.00% | 05/25/2046 | 25511067 |
| 7865290 | &nbsp;&nbsp;Series 2020-53-CG | 2.00% | 08/25/2050 | 6657928 |
| 43557909 | &nbsp;&nbsp;Series 2020-54-AB | 1.00% | 08/25/2050 | 33798320 |
| 9663758 | &nbsp;&nbsp;Series 2020-54-AS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap) | 1.73 %<sup>(f)(h)</sup> | 08/25/2050 | 1245590 |
| 11424535 | &nbsp;&nbsp;Series 2020-59-QZ | 3.00% | 08/25/2040 | 10379316 |
| 16614264 | &nbsp;&nbsp;Series 2020-61-AI | 3.00 %<sup>(f)</sup> | 09/25/2050 | 2348712 |
| 7723762 | &nbsp;&nbsp;Series 2020-61-DC | 1.50% | 09/25/2060 | 5856558 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 29273732 | &nbsp;&nbsp;Series 2020-61-DI | 3.00 %<sup>(f)</sup> | 09/25/2060 | 4659362 |
| 21279418 | &nbsp;&nbsp;Series 2020-96-BI | 3.00 %<sup>(f)</sup> | 01/25/2051 | 3711903 |
| 20536322 | &nbsp;&nbsp;Series 2020-97-EI | 2.00 %<sup>(f)</sup> | 01/25/2051 | 2593883 |
| 23688283 | &nbsp;&nbsp;Series 2020-99-IQ | 3.00 %<sup>(f)</sup> | 01/25/2051 | 4164540 |
| 344648467 | &nbsp;&nbsp;Series 2020-M10-X2 | 1.84 %<sup>(b)(f)</sup> | 12/25/2030 | 19556388 |
| 160591231 | &nbsp;&nbsp;Series 2020-M10-X8 | 0.77 %<sup>(b)(f)</sup> | 12/25/2027 | 1539283 |
| 74192923 | &nbsp;&nbsp;Series 2020-M13-X2 | 1.33 %<sup>(b)(f)</sup> | 09/25/2030 | 2566482 |
| 444515997 | &nbsp;&nbsp;Series 2020-M15-X1 | 1.56 %<sup>(b)(f)</sup> | 09/25/2031 | 27616401 |
| 104796621 | &nbsp;&nbsp;Series 2020-M27-X1 | 0.94 %<sup>(b)(f)</sup> | 03/25/2031 | 2859198 |
| 156567020 | &nbsp;&nbsp;Series 2020-M54-X | 1.58 %<sup>(b)(f)</sup> | 12/25/2033 | 8685493 |
| 52603531 | &nbsp;&nbsp;Series 2020-M7-X2 | 1.33 %<sup>(b)(f)</sup> | 03/25/2031 | 2324240 |
| 10118369 | &nbsp;&nbsp;Series 2021-1-PA | 1.00% | 11/25/2050 | 7641817 |
| 14739923 | &nbsp;&nbsp;Series 2021-13-AK | 2.00% | 01/25/2049 | 12986131 |
| 11309627 | &nbsp;&nbsp;Series 2021-21-DK | 2.00% | 07/25/2043 | 9911676 |
| 5638964 | &nbsp;&nbsp;Series 2021-28-KF (30 day avg SOFR US + 0.75%, 0.75% Floor, 4.00% Cap) | 4.00% | 05/25/2051 | 4379290 |
| 20856679 | &nbsp;&nbsp;Series 2021-28-LB | 2.00% | 04/25/2051 | 17299162 |
| 37611329 | &nbsp;&nbsp;Series 2021-3-KI | 2.50 %<sup>(f)</sup> | 02/25/2051 | 5440671 |
| 18180999 | &nbsp;&nbsp;Series 2021-3-QI | 2.50 %<sup>(f)</sup> | 02/25/2051 | 2851637 |
| 22471141 | &nbsp;&nbsp;Series 2021-40-BA | 3.00% | 01/25/2051 | 19774410 |
| 33523731 | &nbsp;&nbsp;Series 2021-43-EI | 3.00 %<sup>(f)</sup> | 07/25/2051 | 5361464 |
| 66354895 | &nbsp;&nbsp;Series 2021-43-LI | 3.00 %<sup>(f)</sup> | 07/25/2051 | 11356780 |
| 21599769 | &nbsp;&nbsp;Series 2021-52-JI | 2.50 %<sup>(f)</sup> | 07/25/2051 | 2479334 |
| 26174316 | &nbsp;&nbsp;Series 2021-56-NI | 2.50 %<sup>(f)</sup> | 09/25/2051 | 2304591 |
| 25692110 | &nbsp;&nbsp;Series 2021-58-SA (-1 x 30 day avg SOFR US + 2.65%, 0.00% Floor, 2.65% Cap) | 0.00 %<sup>(f)(h)</sup> | 09/25/2051 | 117004 |
| 17625874 | &nbsp;&nbsp;Series 2021-63-G | 2.00% | 06/25/2049 | 14616349 |
| 79273869 | &nbsp;&nbsp;Series 2021-70-S (-1 x 30 day avg SOFR US + 3.75%, 0.00% Floor, 3.75% Cap) | 0.00 %<sup>(f)(h)</sup> | 10/25/2049 | 2749828 |
| 19645976 | &nbsp;&nbsp;Series 2021-73-JA | 2.50% | 05/25/2049 | 17584755 |
| 17240163 | &nbsp;&nbsp;Series 2021-85-C | 2.50% | 03/25/2049 | 15454965 |
| 20688195 | &nbsp;&nbsp;Series 2021-85-CJ | 2.50% | 03/25/2049 | 18545958 |
| 20688195 | &nbsp;&nbsp;Series 2021-85-CK | 2.50% | 03/25/2049 | 18545958 |
| 24061927 | &nbsp;&nbsp;Series 2021-85-DI | 3.00 %<sup>(f)</sup> | 12/25/2051 | 4228116 |
| 44826500 | &nbsp;&nbsp;Series 2021-86-MA | 2.50% | 11/25/2047 | 40716228 |
| 22407759 | &nbsp;&nbsp;Series 2021-88-LB | 2.50% | 03/25/2050 | 19619252 |
| 28567840 | &nbsp;&nbsp;Series 2021-9-CA | 2.00% | 03/25/2051 | 23615888 |
| 21513781 | &nbsp;&nbsp;Series 2021-92-M | 2.50% | 01/25/2049 | 19305329 |
| 11087557 | &nbsp;&nbsp;Series 2021-M12-2A1 | 2.20 %<sup>(b)</sup> | 05/25/2033 | 10151200 |
| 882074863 | &nbsp;&nbsp;Series 2021-M14-X | 1.05 %<sup>(b)(f)</sup> | 10/25/2031 | 20728583 |
| 172232559 | &nbsp;&nbsp;Series 2021-M3-X2 | 0.99 %<sup>(b)(f)</sup> | 08/25/2033 | 4781090 |
| 19950541 | &nbsp;&nbsp;Series 2021-M5-A1 | 1.51 %<sup>(b)</sup> | 01/25/2033 | 18569616 |
| 125036939 | &nbsp;&nbsp;Series 2022-3-AB | 2.00% | 11/25/2047 | 111340155 |
| 2251194 | &nbsp;&nbsp;Series 2022-3-EV | 2.00% | 08/25/2033 | 2054205 |
| 59502897 | &nbsp;&nbsp;Series 2022-3-NZ | 2.00 %<sup>(g)</sup> | 02/25/2052 | 35104002 |
| 13456966 | &nbsp;&nbsp;Series 2022-4-LG | 3.00% | 02/25/2052 | 12307183 |
| 27050740 | &nbsp;&nbsp;Series 2022-6-M | 2.50% | 06/25/2050 | 24074620 |
| 14116169 | &nbsp;&nbsp;Series 2022-86-IO | 2.50 %<sup>(f)</sup> | 05/25/2050 | 2069629 |
| 698272201 | &nbsp;&nbsp;Series 2022-M2-X | 0.47 %<sup>(b)(f)</sup> | 01/25/2032 | 13185264 |
| 13999685 | &nbsp;&nbsp;Series 2022-M4-A1X | 2.54 %<sup>(b)</sup> | 05/25/2030 | 13243113 |
| 104378226 | &nbsp;&nbsp;Series 2023-2-IO | 3.00 %<sup>(f)</sup> | 12/25/2051 | 16273515 |
| 17339212 | &nbsp;&nbsp;Series 2023-29-DO | 0.00 %<sup>(k)</sup> | 11/25/2050 | 11959656 |
| 12850226 | &nbsp;&nbsp;Series 2023-30-MO | 0.00 %<sup>(k)</sup> | 10/25/2050 | 8801670 |
| 84950345 | &nbsp;&nbsp;Series 2023-39-IO | 3.00 %<sup>(f)</sup> | 10/25/2052 | 13566111 |
| 66689226 | &nbsp;&nbsp;Series 2023-51-BI | 3.50 %<sup>(f)</sup> | 04/25/2053 | 13039751 |
| 3646328 | &nbsp;&nbsp;Series 2023-M1S-A1X | 4.65 %<sup>(b)</sup> | 07/25/2033 | 3671497 |
| 23114849 | &nbsp;&nbsp;Series 2024-64-FJ (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap) | 5.56% | 09/25/2054 | 23089156 |
| 25295241 | &nbsp;&nbsp;Series 2024-69-FA (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap) | 5.56% | 10/25/2054 | 25301691 |
| 48656054 | &nbsp;&nbsp;Series 2024-81-FE (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap) | 5.46% | 07/25/2054 | 48489538 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 65087316 | &nbsp;&nbsp;Series 2024-82-FY (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap) | 5.61% | 11/25/2054 | 65226564 |
| 55969095 | &nbsp;&nbsp;Series 2024-9-BI | 3.00 %<sup>(f)</sup> | 03/25/2051 | 9503530 |
| 65025411 | &nbsp;&nbsp;Series 2024-90-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 12/25/2054 | 65554568 |
| 16689880 | &nbsp;&nbsp;Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap) | 5.76% | 12/25/2054 | 16797462 |
| 9937157 | &nbsp;&nbsp;Series 2025-12-GF (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap) | 5.66% | 03/25/2055 | 9963830 |
| 47213445 | &nbsp;&nbsp;Series 2025-13-FB (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap) | 5.61% | 03/25/2055 | 47310539 |
| 63430053 | &nbsp;&nbsp;Series 2025-29-MF (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 05/25/2055 | 63997968 |
| 48280438 | &nbsp;&nbsp;Series 2025-31-FN (30 day avg SOFR US + 1.65%, 1.65% Floor, 6.50% Cap) | 5.96% | 06/25/2054 | 49054016 |
| 48269301 | &nbsp;&nbsp;Series 2025-37-DF (30 day avg SOFR US + 1.65%, 1.65% Floor, 6.50% Cap) | 5.96% | 08/25/2054 | 49046977 |
| 57597255 | &nbsp;&nbsp;Series 2025-42-FE (30 day avg SOFR US + 1.55%, 1.55% Floor, 6.50% Cap) | 5.86% | 06/25/2055 | 58278515 |
| 2283754 | &nbsp;&nbsp;Series 400-S4 (-1 x 30 day avg SOFR US + 5.34%, 0.00% Floor, 5.45% Cap) | 1.03 %<sup>(f)(h)</sup> | 11/25/2039 | 215738 |
| 23379385 | &nbsp;&nbsp;Series 412-A3 | 3.00% | 08/25/2042 | 20843102 |
| 36845700 | &nbsp;&nbsp;Series 426-C51 | 2.50 %<sup>(f)</sup> | 09/25/2050 | 5500515 |
| 50801095 | &nbsp;&nbsp;Series 427-C69 | 3.00 %<sup>(f)</sup> | 03/25/2047 | 7812398 |
| 81248896 | &nbsp;&nbsp;Series 427-C71 | 3.00 %<sup>(f)</sup> | 10/25/2049 | 13650465 |
| 29611881 | &nbsp;&nbsp;Series 428-C17 | 3.00 %<sup>(f)</sup> | 04/25/2050 | 4445601 |
| 26003782 | &nbsp;&nbsp;Series 432-C11 | 3.00 %<sup>(f)</sup> | 08/25/2052 | 4380995 |
| 104184097 | &nbsp;&nbsp;Series 434-C33 | 2.50 %<sup>(f)</sup> | 12/25/2052 | 15807025 |
|  | Freddie Mac Seasoned Credit Risk Transfer Trust |  |  |  |
| 15186722 | &nbsp;&nbsp;Series 2018-3-HA | 3.00% | 08/25/2057 | 14214222 |
| 14577880 | &nbsp;&nbsp;Series 2020-2-MT | 2.00% | 11/25/2059 | 11692781 |
|  | Freddie Mac Whole Loan Securities Trust |  |  |  |
| 7390635 | &nbsp;&nbsp;Series 2015-SC02-1A | 3.00% | 09/25/2045 | 6415659 |
| 4305898 | &nbsp;&nbsp;Series 2016-SC01-1A | 3.00% | 07/25/2046 | 3704626 |
|  | Ginnie Mae II Pool |  |  |  |
| 23094283 | &nbsp;&nbsp;Pool 785310 | 2.50% | 02/20/2051 | 19527693 |
| 37695495 | &nbsp;&nbsp;Pool 785346 | 2.00% | 03/20/2051 | 30323981 |
| 10860524 | &nbsp;&nbsp;Pool 785350 | 2.00% | 01/20/2051 | 8638671 |
| 21367428 | &nbsp;&nbsp;Pool 785374 | 2.50% | 03/20/2051 | 18128595 |
| 76929653 | &nbsp;&nbsp;Pool 785401 | 2.50% | 10/20/2050 | 64822426 |
| 107932969 | &nbsp;&nbsp;Pool 785412 | 2.50% | 03/20/2051 | 91263312 |
| 24442012 | &nbsp;&nbsp;Pool 785595 | 2.50% | 03/20/2051 | 20729222 |
| 46392458 | &nbsp;&nbsp;Pool 785609 | 2.50% | 08/20/2051 | 39290364 |
| 12028814 | &nbsp;&nbsp;Pool 785638 | 2.50% | 08/20/2051 | 10171028 |
| 27123665 | &nbsp;&nbsp;Pool 785639 | 2.50% | 08/20/2051 | 22934598 |
| 11005486 | &nbsp;&nbsp;Pool 785680 | 2.50% | 10/20/2051 | 9305702 |
| 47583875 | &nbsp;&nbsp;Pool 785717 | 3.00% | 11/20/2051 | 41872663 |
| 8493496 | &nbsp;&nbsp;Pool CB2017 | 2.50% | 03/20/2051 | 7196339 |
| 7966589 | &nbsp;&nbsp;Pool CB4182 | 2.50% | 03/20/2051 | 6749778 |
| 1802493 | &nbsp;&nbsp;Pool CB5487 | 2.50% | 03/20/2051 | 1504315 |
| 7055307 | &nbsp;&nbsp;Pool CB9135 | 2.50% | 04/20/2051 | 6030004 |
| 7085278 | &nbsp;&nbsp;Pool CH0426 | 2.50% | 02/20/2052 | 5939382 |
| 5941096 | &nbsp;&nbsp;Pool CI0294 | 2.50% | 01/20/2052 | 4877479 |
| 24478243 | &nbsp;&nbsp;Pool CI6428 | 2.50% | 01/20/2052 | 20519573 |
| 480313 | &nbsp;&nbsp;Pool MA2511 | 3.50% | 01/20/2045 | 433955 |
| 14815780 | &nbsp;&nbsp;Pool MA5076 | 3.00% | 03/20/2048 | 13253045 |
| 9258782 | &nbsp;&nbsp;Pool MA7255 | 2.50% | 03/20/2051 | 7878553 |
|  | Government National Mortgage Association |  |  |  |
| 20732916 | &nbsp;&nbsp;Pool 786510 | 3.00% | 02/20/2052 | 18050760 |
| 3201281 | &nbsp;&nbsp;Series 2003-67-SP (-1 x 1 mo. Term SOFR + 6.99%, 0.00% Floor, 7.10% Cap) | 2.67 %<sup>(f)(h)</sup> | 08/20/2033 | 19187 |
| 1341946 | &nbsp;&nbsp;Series 2003-86-ZK | 5.00% | 10/20/2033 | 1338887 |
| 848445 | &nbsp;&nbsp;Series 2004-49-Z | 6.00% | 06/20/2034 | 859222 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1552277 | &nbsp;&nbsp;Series 2004-83-CS (-1 x 1 mo. Term SOFR + 5.97%, 0.00% Floor, 6.08% Cap) | 1.65 %<sup>(f)(h)</sup> | 10/20/2034 | 80216 |
| 399788 | &nbsp;&nbsp;Series 2005-21-ZPool 2005-2 | 5.00% | 03/20/2035 | 401041 |
| 291946 | &nbsp;&nbsp;Series 2006-24-CX (-7 x 1 mo. Term SOFR + 39.13%, 0.00% Floor, 39.97% Cap) | 7.46 %<sup>(h)</sup> | 05/20/2036 | 368703 |
| 1386073 | &nbsp;&nbsp;Series 2007-26-SJ (-1 x 1 mo. Term SOFR + 4.58%, 0.00% Floor, 4.69% Cap) | 0.26 %<sup>(f)(h)</sup> | 04/20/2037 | 9749 |
| 1652852 | &nbsp;&nbsp;Series 2008-2-SM (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap) | 2.07 %<sup>(f)(h)</sup> | 01/16/2038 | 149745 |
| 3007282 | &nbsp;&nbsp;Series 2008-42-AI (-1 x 1 mo. Term SOFR + 7.58%, 0.00% Floor, 7.69% Cap) | 3.26 %<sup>(f)(h)</sup> | 05/16/2038 | 357465 |
| 1095811 | &nbsp;&nbsp;Series 2008-43-SH (-1 x 1 mo. Term SOFR + 6.22%, 0.00% Floor, 6.34% Cap) | 1.90 %<sup>(f)(h)</sup> | 05/20/2038 | 28634 |
| 1281042 | &nbsp;&nbsp;Series 2008-51-SC (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap) | 1.82 %<sup>(f)(h)</sup> | 06/20/2038 | 89827 |
| 1074943 | &nbsp;&nbsp;Series 2008-51-SE (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap) | 1.82 %<sup>(f)(h)</sup> | 06/16/2038 | 79796 |
| 354078 | &nbsp;&nbsp;Series 2008-82-SM (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap) | 1.62 %<sup>(f)(h)</sup> | 09/20/2038 | 7636 |
| 509189 | &nbsp;&nbsp;Series 2008-83-SD (-1 x 1 mo. Term SOFR + 6.45%, 0.00% Floor, 6.56% Cap) | 2.13 %<sup>(f)(h)</sup> | 11/16/2036 | 10919 |
| 2190068 | &nbsp;&nbsp;Series 2009-10-NS (-1 x 1 mo. Term SOFR + 6.54%, 0.00% Floor, 6.65% Cap) | 2.22 %<sup>(f)(h)</sup> | 02/16/2039 | 203124 |
| 2595711 | &nbsp;&nbsp;Series 2009-106-VZ | 4.50% | 11/20/2039 | 2581644 |
| 377299 | &nbsp;&nbsp;Series 2009-24-SN (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap) | 1.67 %<sup>(f)(h)</sup> | 09/20/2038 | 10701 |
| 1519310 | &nbsp;&nbsp;Series 2009-32-ZE | 4.50% | 05/16/2039 | 1512403 |
| 10047 | &nbsp;&nbsp;Series 2009-41-ZQ | 4.50 %<sup>(g)</sup> | 06/16/2039 | 10076 |
| 1198625 | &nbsp;&nbsp;Series 2009-48-Z | 5.00% | 06/16/2039 | 1199916 |
| 34742 | &nbsp;&nbsp;Series 2009-50-KP | 4.50% | 06/20/2039 | 34658 |
| 440975 | &nbsp;&nbsp;Series 2009-69-TS (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap) | 1.77 %<sup>(f)(h)</sup> | 04/16/2039 | 14106 |
| 1179310 | &nbsp;&nbsp;Series 2009-75-GZ | 4.50% | 09/20/2039 | 1184284 |
| 2453625 | &nbsp;&nbsp;Series 2010-1-SA (-1 x 1 mo. Term SOFR + 5.64%, 0.00% Floor, 5.75% Cap) | 1.32 %<sup>(f)(h)</sup> | 01/16/2040 | 191976 |
| 3595797 | &nbsp;&nbsp;Series 2010-106-PS (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap) | 1.62 %<sup>(f)(h)</sup> | 03/20/2040 | 99137 |
| 2133735 | &nbsp;&nbsp;Series 2010-25-ZB | 4.50% | 02/16/2040 | 2130152 |
| 17657818 | &nbsp;&nbsp;Series 2010-26-QS (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap) | 1.82 %<sup>(f)(h)</sup> | 02/20/2040 | 1989116 |
| 1485066 | &nbsp;&nbsp;Series 2010-42-AY | 5.00% | 11/20/2039 | 1524216 |
| 3518297 | &nbsp;&nbsp;Series 2010-42-ES (-1 x 1 mo. Term SOFR + 5.57%, 0.00% Floor, 5.68% Cap) | 1.25 %<sup>(f)(h)</sup> | 04/20/2040 | 325643 |
| 368774 | &nbsp;&nbsp;Series 2010-61-AS (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap) | 2.12 %<sup>(f)(h)</sup> | 09/20/2039 | 21792 |
| 4583866 | &nbsp;&nbsp;Series 2010-62-SB (-1 x 1 mo. Term SOFR + 5.64%, 0.00% Floor, 5.75% Cap) | 1.32 %<sup>(f)(h)</sup> | 05/20/2040 | 420283 |
| 2268333 | &nbsp;&nbsp;Series 2011-18-SN (-2 x 1 mo. Term SOFR + 9.27%, 0.00% Floor, 9.50% Cap) | 0.64 %<sup>(h)</sup> | 12/20/2040 | 2020341 |
| 2271802 | &nbsp;&nbsp;Series 2011-18-YS (-2 x 1 mo. Term SOFR + 9.27%, 0.00% Floor, 9.50% Cap) | 0.64 %<sup>(h)</sup> | 12/20/2040 | 2007096 |
| 662478 | &nbsp;&nbsp;Series 2011-69-OC | 0.00 %<sup>(k)</sup> | 05/20/2041 | 527663 |
| 6489707 | &nbsp;&nbsp;Series 2011-69-SB (-1 x 1 mo. Term SOFR + 5.24%, 0.00% Floor, 5.35% Cap) | 0.92 %<sup>(f)(h)</sup> | 05/20/2041 | 485104 |
| 10296468 | &nbsp;&nbsp;Series 2011-70-PO | 0.00 %<sup>(k)</sup> | 05/16/2041 | 8007815 |
| 2440722 | &nbsp;&nbsp;Series 2011-72-AS (-1 x 1 mo. Term SOFR + 5.27%, 0.00% Floor, 5.38% Cap) | 0.95 %<sup>(f)(h)</sup> | 05/20/2041 | 203251 |
| 1791810 | &nbsp;&nbsp;Series 2011-72-SK (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap) | 1.72 %<sup>(f)(h)</sup> | 05/20/2041 | 164730 |
| 6500479 | &nbsp;&nbsp;Series 2013-116-LS (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap) | 1.72 %<sup>(f)(h)</sup> | 08/20/2043 | 722131 |
| 8619767 | &nbsp;&nbsp;Series 2013-136-CS (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap) | 1.77 %<sup>(f)(h)</sup> | 09/16/2043 | 869287 |
| 15223092 | &nbsp;&nbsp;Series 2013-182-WZ | 2.50% | 12/20/2043 | 13676732 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2877925 | &nbsp;&nbsp;Series 2013-186-SG (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap) | 1.82 %<sup>(f)(h)</sup> | 02/16/2043 | 185580 |
| 4431357 | &nbsp;&nbsp;Series 2013-26-MS (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap) | 1.82 %<sup>(f)(h)</sup> | 02/20/2043 | 526044 |
| 1401279 | &nbsp;&nbsp;Series 2013-34-PL | 3.00% | 03/20/2042 | 1383898 |
| 7731015 | &nbsp;&nbsp;Series 2014-163-PS (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap) | 1.17 %<sup>(f)(h)</sup> | 11/20/2044 | 742784 |
| 8205878 | &nbsp;&nbsp;Series 2014-167-SA (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap) | 1.17 %<sup>(f)(h)</sup> | 11/20/2044 | 787144 |
| 14118081 | &nbsp;&nbsp;Series 2014-21-SE (-1 x 1 mo. Term SOFR + 5.44%, 0.00% Floor, 5.55% Cap) | 1.12 %<sup>(f)(h)</sup> | 02/20/2044 | 1383083 |
| 8295097 | &nbsp;&nbsp;Series 2014-39-SK (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap) | 1.77 %<sup>(f)(h)</sup> | 03/20/2044 | 1020643 |
| 9035528 | &nbsp;&nbsp;Series 2014-59-DS (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap) | 1.82 %<sup>(f)(h)</sup> | 04/16/2044 | 940527 |
| 8759338 | &nbsp;&nbsp;Series 2016-108-SM (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap) | 1.67 %<sup>(f)(h)</sup> | 08/20/2046 | 1240251 |
| 12598484 | &nbsp;&nbsp;Series 2018-40-AZ | 3.00 %<sup>(g)</sup> | 10/20/2047 | 10615366 |
| 9344817 | &nbsp;&nbsp;Series 2019-153-GF (1 mo. Term SOFR + 0.56%, 0.45% Floor, 6.50% Cap) | 4.88% | 12/20/2049 | 9084521 |
| 16407543 | &nbsp;&nbsp;Series 2020-104-AI | 3.00 %<sup>(f)</sup> | 07/20/2050 | 2592827 |
| 10409603 | &nbsp;&nbsp;Series 2020-104-EI | 3.00 %<sup>(f)</sup> | 07/20/2050 | 1647986 |
| 9245839 | &nbsp;&nbsp;Series 2020-112-LS (-1 x 30 day avg SOFR US + 6.20%, 0.00% Floor, 6.20% Cap) | 1.90 %<sup>(f)(h)</sup> | 08/20/2050 | 1317247 |
| 36974931 | &nbsp;&nbsp;Series 2020-115-IG | 2.50 %<sup>(f)</sup> | 08/20/2050 | 5012048 |
| 17714451 | &nbsp;&nbsp;Series 2020-138-IC | 3.50 %<sup>(f)</sup> | 08/20/2050 | 3187218 |
| 129341723 | &nbsp;&nbsp;Series 2020-140-ES (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 09/20/2050 | 18913019 |
| 33285137 | &nbsp;&nbsp;Series 2020-140-SG (-1 x 1 mo. Term SOFR + 6.24%, 0.00% Floor, 6.35% Cap) | 1.92 %<sup>(f)(h)</sup> | 09/20/2050 | 4863465 |
| 41442356 | &nbsp;&nbsp;Series 2020-146-CI | 2.50 %<sup>(f)</sup> | 10/20/2050 | 6117049 |
| 23400524 | &nbsp;&nbsp;Series 2020-146-KI | 2.50 %<sup>(f)</sup> | 10/20/2050 | 3530648 |
| 50982657 | &nbsp;&nbsp;Series 2020-148-AI | 2.50 %<sup>(f)</sup> | 10/20/2050 | 7475867 |
| 148283628 | &nbsp;&nbsp;Series 2020-151-MI | 2.50 %<sup>(f)</sup> | 10/20/2050 | 21900691 |
| 90471722 | &nbsp;&nbsp;Series 2020-153-EI | 2.50 %<sup>(f)</sup> | 10/20/2050 | 13267651 |
| 38325413 | &nbsp;&nbsp;Series 2020-160-IA | 2.50 %<sup>(f)</sup> | 10/20/2050 | 5383713 |
| 9869719 | &nbsp;&nbsp;Series 2020-160-IM | 2.50 %<sup>(f)</sup> | 10/20/2050 | 1451449 |
| 32282735 | &nbsp;&nbsp;Series 2020-162-QS (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 10/20/2050 | 4818198 |
| 45839941 | &nbsp;&nbsp;Series 2020-166-SM (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 11/20/2050 | 6696354 |
| 63364297 | &nbsp;&nbsp;Series 2020-167-BI | 2.50 %<sup>(f)</sup> | 11/20/2050 | 9319361 |
| 47674139 | &nbsp;&nbsp;Series 2020-167-DI | 2.50 %<sup>(f)</sup> | 11/20/2050 | 6986812 |
| 29829465 | &nbsp;&nbsp;Series 2020-167-IA | 2.50 %<sup>(f)</sup> | 11/20/2050 | 4263815 |
| 72068939 | &nbsp;&nbsp;Series 2020-167-JI | 2.50 %<sup>(f)</sup> | 11/20/2050 | 9756080 |
| 13993751 | &nbsp;&nbsp;Series 2020-167-NS (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 11/20/2050 | 2063969 |
| 25574457 | &nbsp;&nbsp;Series 2020-167-YK | 1.20% | 11/20/2050 | 19076506 |
| 114098403 | &nbsp;&nbsp;Series 2020-173-MI | 2.50 %<sup>(f)</sup> | 11/20/2050 | 16943442 |
| 36051021 | &nbsp;&nbsp;Series 2020-175-MI | 2.50 %<sup>(f)</sup> | 11/20/2050 | 4991790 |
| 34206976 | &nbsp;&nbsp;Series 2020-175-SC (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 11/20/2050 | 5107043 |
| 25461142 | &nbsp;&nbsp;Series 2020-181-AI | 2.50 %<sup>(f)</sup> | 12/20/2050 | 3900563 |
| 43039975 | &nbsp;&nbsp;Series 2020-181-BI | 2.50 %<sup>(f)</sup> | 12/20/2050 | 6250997 |
| 27009458 | &nbsp;&nbsp;Series 2020-181-SA (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 12/20/2050 | 3888417 |
| 25835871 | &nbsp;&nbsp;Series 2020-181-YM | 1.17% | 12/20/2050 | 19228391 |
| 58199677 | &nbsp;&nbsp;Series 2020-185-AI | 2.50 %<sup>(f)</sup> | 12/20/2050 | 8350024 |
| 43798216 | &nbsp;&nbsp;Series 2020-185-KI | 2.50 %<sup>(f)</sup> | 12/20/2050 | 6702130 |
| 37011152 | &nbsp;&nbsp;Series 2020-185-MI | 2.50 %<sup>(f)</sup> | 12/20/2050 | 5632742 |
| 41862274 | &nbsp;&nbsp;Series 2020-187-AI | 2.50 %<sup>(f)</sup> | 12/20/2050 | 6283335 |
| 85628931 | &nbsp;&nbsp;Series 2020-188-BI | 2.50 %<sup>(f)</sup> | 12/20/2050 | 12302112 |
| 4946598 | &nbsp;&nbsp;Series 2020-188-DI | 2.50 %<sup>(f)</sup> | 12/20/2050 | 663152 |
| 23594334 | &nbsp;&nbsp;Series 2020-188-GI | 2.00 %<sup>(f)</sup> | 12/20/2050 | 2839116 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 34454620 | &nbsp;&nbsp;Series 2020-188-IQ | 3.00 %<sup>(f)</sup> | 10/20/2050 | 5445125 |
| 81644937 | &nbsp;&nbsp;Series 2020-188-KI | 2.50 %<sup>(f)</sup> | 12/20/2050 | 11504172 |
| 32820833 | &nbsp;&nbsp;Series 2020-188-NS (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 12/20/2050 | 4834978 |
| 4776979 | &nbsp;&nbsp;Series 2020-4-H | 2.50% | 10/20/2049 | 4177510 |
| 7852009 | &nbsp;&nbsp;Series 2020-79-KG | 1.30% | 06/20/2050 | 6153146 |
| 15584193 | &nbsp;&nbsp;Series 2020-98-SA (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap) | 1.72 %<sup>(f)(h)</sup> | 07/20/2050 | 2015953 |
| 73014364 | &nbsp;&nbsp;Series 2021-1-EI | 2.00 %<sup>(f)</sup> | 01/20/2051 | 8171870 |
| 31029676 | &nbsp;&nbsp;Series 2021-1-IA | 2.50 %<sup>(f)</sup> | 01/20/2051 | 4545159 |
| 64636962 | &nbsp;&nbsp;Series 2021-10-IO | 0.99 %<sup>(b)(f)</sup> | 05/16/2063 | 4785171 |
| 114367641 | &nbsp;&nbsp;Series 2021-100-IO | 0.97 %<sup>(b)(f)</sup> | 06/16/2063 | 7858315 |
| 58163783 | &nbsp;&nbsp;Series 2021-107-QI | 2.50 %<sup>(f)</sup> | 06/20/2051 | 8844856 |
| 127190786 | &nbsp;&nbsp;Series 2021-110-IO | 0.87 %<sup>(b)(f)</sup> | 11/16/2063 | 8601760 |
| 21831085 | &nbsp;&nbsp;Series 2021-114-SB (-1 x 1 mo. Term SOFR + 2.49%, 0.00% Floor, 2.60% Cap) | 0.00 %<sup>(f)(h)</sup> | 06/20/2051 | 71923 |
| 40021732 | &nbsp;&nbsp;Series 2021-116-IA | 2.50 %<sup>(f)</sup> | 06/20/2051 | 6081406 |
| 39872545 | &nbsp;&nbsp;Series 2021-116-XI | 3.50 %<sup>(f)</sup> | 03/20/2051 | 7380233 |
| 18667201 | &nbsp;&nbsp;Series 2021-117-IJ | 3.50 %<sup>(f)</sup> | 06/20/2051 | 2777426 |
| 14569996 | &nbsp;&nbsp;Series 2021-117-SH (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 07/20/2051 | 1666319 |
| 232201889 | &nbsp;&nbsp;Series 2021-12-IO | 0.96 %<sup>(b)(f)</sup> | 03/16/2063 | 16131297 |
| 48517529 | &nbsp;&nbsp;Series 2021-121-TI | 3.00 %<sup>(f)</sup> | 07/20/2051 | 6410611 |
| 100867028 | &nbsp;&nbsp;Series 2021-122-SA (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap) | 0.00 %<sup>(f)(h)</sup> | 07/20/2051 | 721169 |
| 22056894 | &nbsp;&nbsp;Series 2021-125-IO | 3.00 %<sup>(f)</sup> | 06/20/2051 | 3109188 |
| 55148783 | &nbsp;&nbsp;Series 2021-135-GI | 3.00 %<sup>(f)</sup> | 08/20/2051 | 8727802 |
| 68671483 | &nbsp;&nbsp;Series 2021-135-SK (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 08/20/2051 | 7518298 |
| 56719303 | &nbsp;&nbsp;Series 2021-136-EI | 3.00 %<sup>(f)</sup> | 08/20/2051 | 8903439 |
| 35374304 | &nbsp;&nbsp;Series 2021-138-IL | 3.00 %<sup>(f)</sup> | 08/20/2051 | 5630316 |
| 35938153 | &nbsp;&nbsp;Series 2021-138-KI | 3.00 %<sup>(f)</sup> | 08/20/2051 | 5779646 |
| 52934945 | &nbsp;&nbsp;Series 2021-138-PS (-1 x 30 day avg SOFR US + 3.75%, 0.00% Floor, 3.75% Cap) | 0.00 %<sup>(f)(h)</sup> | 08/20/2051 | 1145073 |
| 13455026 | &nbsp;&nbsp;Series 2021-139-BI | 3.50 %<sup>(f)</sup> | 08/20/2051 | 2273754 |
| 42535000 | &nbsp;&nbsp;Series 2021-140-IJ | 3.00 %<sup>(f)</sup> | 08/20/2051 | 6818722 |
| 28456839 | &nbsp;&nbsp;Series 2021-142-IO | 3.00 %<sup>(f)</sup> | 08/20/2051 | 4505671 |
| 106614227 | &nbsp;&nbsp;Series 2021-142-XI | 3.00 %<sup>(f)</sup> | 08/20/2051 | 16778531 |
| 109070014 | &nbsp;&nbsp;Series 2021-143-IO | 0.97 %<sup>(b)(f)</sup> | 10/16/2063 | 7582809 |
| 81762998 | &nbsp;&nbsp;Series 2021-144-IO | 0.82 %<sup>(b)(f)</sup> | 04/16/2063 | 5043698 |
| 206409578 | &nbsp;&nbsp;Series 2021-15-BI | 2.50 %<sup>(f)</sup> | 01/20/2051 | 29985862 |
| 84048304 | &nbsp;&nbsp;Series 2021-150-IO | 1.04 %<sup>(b)(f)</sup> | 11/16/2063 | 6620922 |
| 64860940 | &nbsp;&nbsp;Series 2021-151-IO | 0.91 %<sup>(b)(f)</sup> | 04/16/2063 | 4513374 |
| 80578009 | &nbsp;&nbsp;Series 2021-154-TI | 3.00 %<sup>(f)</sup> | 09/20/2051 | 10279731 |
| 25282252 | &nbsp;&nbsp;Series 2021-155-IE | 3.00 %<sup>(f)</sup> | 09/20/2051 | 4253810 |
| 70217637 | &nbsp;&nbsp;Series 2021-155-KI | 4.00 %<sup>(f)</sup> | 09/20/2051 | 10790007 |
| 34389412 | &nbsp;&nbsp;Series 2021-155-S (-1 x 30 day avg SOFR US + 3.20%, 0.00% Floor, 3.20% Cap) | 0.00 %<sup>(f)(h)</sup> | 09/20/2051 | 580765 |
| 35113118 | &nbsp;&nbsp;Series 2021-155-SG (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 09/20/2051 | 5036580 |
| 22602146 | &nbsp;&nbsp;Series 2021-157-IO | 0.88 %<sup>(b)(f)</sup> | 09/16/2063 | 1421781 |
| 41660845 | &nbsp;&nbsp;Series 2021-158-IO | 3.00 %<sup>(f)</sup> | 09/20/2051 | 6532387 |
| 57747635 | &nbsp;&nbsp;Series 2021-158-IV | 2.50 %<sup>(f)</sup> | 09/20/2051 | 8585191 |
| 22207016 | &nbsp;&nbsp;Series 2021-160-IA | 3.00 %<sup>(f)</sup> | 09/20/2051 | 3541628 |
| 70558917 | &nbsp;&nbsp;Series 2021-160-SQ (-1 x 30 day avg SOFR US + 2.65%, 0.00% Floor, 3.00% Cap) | 0.00 %<sup>(f)(h)</sup> | 09/20/2051 | 576671 |
| 31610393 | &nbsp;&nbsp;Series 2021-160-WI | 2.50 %<sup>(f)</sup> | 09/20/2051 | 4326189 |
| 36564562 | &nbsp;&nbsp;Series 2021-160-XI | 3.00 %<sup>(f)</sup> | 09/20/2051 | 5800551 |
| 38947648 | &nbsp;&nbsp;Series 2021-161-KI | 3.50 %<sup>(f)</sup> | 09/20/2051 | 7394367 |
| 71546338 | &nbsp;&nbsp;Series 2021-161-UI | 3.00 %<sup>(f)</sup> | 09/20/2051 | 11314374 |
| 37999408 | &nbsp;&nbsp;Series 2021-161-VI | 3.00 %<sup>(f)</sup> | 09/20/2051 | 5002025 |
| 25589804 | &nbsp;&nbsp;Series 2021-162-DI | 3.00 %<sup>(f)</sup> | 09/20/2051 | 4055313 |
| 21219133 | &nbsp;&nbsp;Series 2021-165-GI | 2.50 %<sup>(f)</sup> | 09/20/2051 | 3152872 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 14490711 | &nbsp;&nbsp;Series 2021-170-IO | 0.99 %<sup>(b)(f)</sup> | 05/16/2063 | 1072356 |
| 35821542 | &nbsp;&nbsp;Series 2021-175-IM | 3.00 %<sup>(f)</sup> | 10/20/2051 | 4923227 |
| 14255997 | &nbsp;&nbsp;Series 2021-175-IN | 2.50 %<sup>(f)</sup> | 07/20/2051 | 1890263 |
| 46942804 | &nbsp;&nbsp;Series 2021-175-IU | 2.50 %<sup>(f)</sup> | 09/20/2051 | 7233140 |
| 39100777 | &nbsp;&nbsp;Series 2021-176-TI | 4.00 %<sup>(f)</sup> | 10/20/2051 | 6322553 |
| 104764576 | &nbsp;&nbsp;Series 2021-177-IA | 2.50 %<sup>(f)</sup> | 10/20/2051 | 15642577 |
| 56279055 | &nbsp;&nbsp;Series 2021-180-IO | 0.91 %<sup>(b)(f)</sup> | 11/16/2063 | 3937564 |
| 67596428 | &nbsp;&nbsp;Series 2021-184-IO | 0.88 %<sup>(b)(f)</sup> | 12/16/2061 | 4580638 |
| 24608929 | &nbsp;&nbsp;Series 2021-188-IA | 3.00 %<sup>(f)</sup> | 10/20/2051 | 3904807 |
| 43890772 | &nbsp;&nbsp;Series 2021-188-IN | 2.50 %<sup>(f)</sup> | 10/20/2051 | 6017359 |
| 30536819 | &nbsp;&nbsp;Series 2021-188-IT | 2.50 %<sup>(f)</sup> | 10/20/2051 | 4897431 |
| 20616335 | &nbsp;&nbsp;Series 2021-188-IW | 3.00 %<sup>(f)</sup> | 10/20/2051 | 3584702 |
| 150851175 | &nbsp;&nbsp;Series 2021-189-IO | 0.88 %<sup>(b)(f)</sup> | 06/16/2061 | 9612297 |
| 21166665 | &nbsp;&nbsp;Series 2021-191-BI | 2.50 %<sup>(f)</sup> | 10/20/2051 | 3076729 |
| 41854263 | &nbsp;&nbsp;Series 2021-191-CI | 2.50 %<sup>(f)</sup> | 10/20/2051 | 5981711 |
| 26059043 | &nbsp;&nbsp;Series 2021-192-AI | 3.00 %<sup>(f)</sup> | 10/20/2051 | 4174979 |
| 52558954 | &nbsp;&nbsp;Series 2021-193-I | 3.00 %<sup>(f)</sup> | 06/20/2051 | 8634737 |
| 3902212 | &nbsp;&nbsp;Series 2021-193-SW (-1 x 30 day avg SOFR US + 2.55%, 0.00% Floor, 2.55% Cap) | 0.00 %<sup>(f)(h)</sup> | 11/20/2051 | 26590 |
| 63391324 | &nbsp;&nbsp;Series 2021-196-IO | 2.50 %<sup>(f)</sup> | 11/20/2051 | 8859628 |
| 60614233 | &nbsp;&nbsp;Series 2021-2-IO | 0.88 %<sup>(b)(f)</sup> | 06/16/2063 | 4004564 |
| 29223148 | &nbsp;&nbsp;Series 2021-20-IO | 1.15 %<sup>(b)(f)</sup> | 08/16/2062 | 2349120 |
| 83725274 | &nbsp;&nbsp;Series 2021-200-IO | 0.89 %<sup>(b)(f)</sup> | 11/16/2063 | 5705953 |
| 161104716 | &nbsp;&nbsp;Series 2021-204-IO | 0.88 %<sup>(b)(f)</sup> | 01/16/2064 | 11235765 |
| 23140436 | &nbsp;&nbsp;Series 2021-205-DI | 2.50 %<sup>(f)</sup> | 11/20/2051 | 3323547 |
| 175441074 | &nbsp;&nbsp;Series 2021-208-IO | 0.76 %<sup>(b)(f)</sup> | 06/16/2064 | 9602469 |
| 177613699 | &nbsp;&nbsp;Series 2021-210-IO | 0.98 %<sup>(b)(f)</sup> | 05/16/2062 | 12705045 |
| 50830493 | &nbsp;&nbsp;Series 2021-211-IO | 0.97 %<sup>(b)(f)</sup> | 01/16/2063 | 3550474 |
| 29597386 | &nbsp;&nbsp;Series 2021-213-IH | 3.00 %<sup>(f)</sup> | 12/20/2051 | 4740095 |
| 135258205 | &nbsp;&nbsp;Series 2021-217-IO | 0.79 %<sup>(b)(f)</sup> | 09/16/2063 | 8094000 |
| 287637749 | &nbsp;&nbsp;Series 2021-219-IO | 0.76 %<sup>(b)(f)</sup> | 02/16/2064 | 17004799 |
| 256711237 | &nbsp;&nbsp;Series 2021-22-IO | 0.97 %<sup>(b)(f)</sup> | 05/16/2063 | 18006779 |
| 8456636 | &nbsp;&nbsp;Series 2021-226-TI | 2.50 %<sup>(f)</sup> | 12/20/2051 | 1237037 |
| 65363691 | &nbsp;&nbsp;Series 2021-24-XI | 2.00 %<sup>(f)</sup> | 02/20/2051 | 7426047 |
| 30009349 | &nbsp;&nbsp;Series 2021-24-YD | 1.20% | 02/20/2051 | 23138472 |
| 10304581 | &nbsp;&nbsp;Series 2021-25-EI | 2.50 %<sup>(f)</sup> | 02/20/2051 | 1581964 |
| 19008684 | &nbsp;&nbsp;Series 2021-30-IB | 2.50 %<sup>(f)</sup> | 02/20/2051 | 2903318 |
| 23214585 | &nbsp;&nbsp;Series 2021-30-WI | 2.50 %<sup>(f)</sup> | 02/20/2051 | 3604020 |
| 25603682 | &nbsp;&nbsp;Series 2021-35-IO | 1.03 %<sup>(b)(f)</sup> | 12/16/2062 | 1944930 |
| 74396024 | &nbsp;&nbsp;Series 2021-35-IX | 1.20 %<sup>(b)(f)</sup> | 12/16/2062 | 6487504 |
| 31873045 | &nbsp;&nbsp;Series 2021-40-IO | 0.82 %<sup>(b)(f)</sup> | 02/16/2063 | 1968323 |
| 571481019 | &nbsp;&nbsp;Series 2021-45-IO | 0.81 %<sup>(b)(f)</sup> | 04/16/2063 | 35187401 |
| 29125003 | &nbsp;&nbsp;Series 2021-49-NI | 2.50 %<sup>(f)</sup> | 03/20/2051 | 3504422 |
| 40378371 | &nbsp;&nbsp;Series 2021-49-QI | 2.50 %<sup>(f)</sup> | 03/20/2049 | 4347341 |
| 27914808 | &nbsp;&nbsp;Series 2021-52-IO | 0.72 %<sup>(b)(f)</sup> | 04/16/2063 | 1449083 |
| 64595008 | &nbsp;&nbsp;Series 2021-57-JI | 3.00 %<sup>(f)</sup> | 03/20/2051 | 11163232 |
| 7180420 | &nbsp;&nbsp;Series 2021-58-HP | 3.00% | 08/20/2050 | 6360112 |
| 89514368 | &nbsp;&nbsp;Series 2021-58-IE | 3.00 %<sup>(f)</sup> | 07/20/2050 | 15473713 |
| 200219146 | &nbsp;&nbsp;Series 2021-60-IO | 0.83 %<sup>(b)(f)</sup> | 05/16/2063 | 12322067 |
| 69693539 | &nbsp;&nbsp;Series 2021-64-IG | 3.00 %<sup>(f)</sup> | 04/20/2051 | 12054208 |
| 226124439 | &nbsp;&nbsp;Series 2021-65-IO | 0.88 %<sup>(b)(f)</sup> | 08/16/2063 | 14888304 |
| 35097112 | &nbsp;&nbsp;Series 2021-7-IP | 3.50 %<sup>(f)</sup> | 07/20/2050 | 6158782 |
| 81851125 | &nbsp;&nbsp;Series 2021-7-KI | 2.50 %<sup>(f)</sup> | 01/20/2051 | 11577252 |
| 52502454 | &nbsp;&nbsp;Series 2021-7-MI | 2.50 %<sup>(f)</sup> | 01/20/2051 | 7916005 |
| 324939327 | &nbsp;&nbsp;Series 2021-70-IO | 0.71 %<sup>(b)(f)</sup> | 04/16/2063 | 17378373 |
| 153662598 | &nbsp;&nbsp;Series 2021-71-IO | 0.86 %<sup>(b)(f)</sup> | 10/16/2062 | 9854490 |
| 153767590 | &nbsp;&nbsp;Series 2021-72-IO | 0.56 %<sup>(b)(f)</sup> | 01/16/2061 | 6565815 |
| 92492747 | &nbsp;&nbsp;Series 2021-74-CI | 3.00 %<sup>(f)</sup> | 12/20/2050 | 14243411 |
| 89313490 | &nbsp;&nbsp;Series 2021-77-SJ (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap) | 0.00 %<sup>(f)(h)</sup> | 05/20/2051 | 2602559 |
| 10197054 | &nbsp;&nbsp;Series 2021-78-IC | 4.00 %<sup>(f)</sup> | 05/20/2051 | 1962823 |
| 57684581 | &nbsp;&nbsp;Series 2021-80-IO | 0.90 %<sup>(b)(f)</sup> | 12/16/2062 | 3998828 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 303548437 | &nbsp;&nbsp;Series 2021-85-IO | 0.69 %<sup>(b)(f)</sup> | 03/16/2063 | 15704959 |
| 41418446 | &nbsp;&nbsp;Series 2021-87-ET | 2.00% | 05/20/2051 | 34404468 |
| 54097732 | &nbsp;&nbsp;Series 2021-9-AI | 2.00 %<sup>(f)</sup> | 01/20/2051 | 6441109 |
| 101016717 | &nbsp;&nbsp;Series 2021-9-MI | 2.50 %<sup>(f)</sup> | 01/20/2051 | 15269939 |
| 31528442 | &nbsp;&nbsp;Series 2021-94-IO | 0.83 %<sup>(b)(f)</sup> | 02/16/2063 | 1897546 |
| 39070951 | &nbsp;&nbsp;Series 2021-96-TS (-1 x 30 day avg SOFR US + 3.25%, 0.00% Floor, 3.25% Cap) | 0.00 %<sup>(f)(h)</sup> | 06/20/2051 | 665773 |
| 36751980 | &nbsp;&nbsp;Series 2021-97-NI | 2.50 %<sup>(f)</sup> | 08/20/2049 | 4457332 |
| 30358979 | &nbsp;&nbsp;Series 2021-97-SH (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap) | 0.00 %<sup>(f)(h)</sup> | 06/20/2051 | 718409 |
| 98109085 | &nbsp;&nbsp;Series 2021-98-IG | 3.00 %<sup>(f)</sup> | 06/20/2051 | 17801609 |
| 22475975 | &nbsp;&nbsp;Series 2021-98-MI | 2.50 %<sup>(f)</sup> | 06/20/2051 | 3103400 |
| 24191329 | &nbsp;&nbsp;Series 2021-98-SB (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 06/20/2051 | 3046366 |
| 61654553 | &nbsp;&nbsp;Series 2021-98-ST (-1 x 30 day avg SOFR US + 2.73%, 0.00% Floor, 2.73% Cap) | 0.00 %<sup>(f)(h)</sup> | 03/20/2051 | 342756 |
| 7695364 | &nbsp;&nbsp;Series 2021-98-SW (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(f)(h)</sup> | 06/20/2051 | 826274 |
| 40344146 | &nbsp;&nbsp;Series 2021-99-IO | 0.58 %<sup>(b)(f)</sup> | 05/16/2061 | 1768728 |
| 198650487 | &nbsp;&nbsp;Series 2022-102-IO | 0.48 %<sup>(b)(f)</sup> | 06/16/2064 | 7593057 |
| 58876125 | &nbsp;&nbsp;Series 2022-137-DI | 2.50 %<sup>(f)</sup> | 02/20/2051 | 8800409 |
| 60312688 | &nbsp;&nbsp;Series 2022-137-EI | 2.50 %<sup>(f)</sup> | 06/20/2051 | 8533938 |
| 77980848 | &nbsp;&nbsp;Series 2022-137-IO | 3.00 %<sup>(f)</sup> | 01/20/2052 | 10507451 |
| 110958514 | &nbsp;&nbsp;Series 2022-14-IO | 0.65 %<sup>(b)(f)</sup> | 12/01/2061 | 4995552 |
| 85824313 | &nbsp;&nbsp;Series 2022-141-IO | 0.78 %<sup>(b)(f)</sup> | 06/16/2064 | 5583944 |
| 94630145 | &nbsp;&nbsp;Series 2022-158-IO | 0.88 %<sup>(b)(f)</sup> | 08/16/2064 | 6894677 |
| 27404720 | &nbsp;&nbsp;Series 2022-160-ZD | 3.00 %<sup>(g)</sup> | 11/20/2047 | 23815911 |
| 60452654 | &nbsp;&nbsp;Series 2022-167-IO | 0.82 %<sup>(b)(f)</sup> | 08/16/2065 | 3731501 |
| 130268509 | &nbsp;&nbsp;Series 2022-169-IO | 0.89 %<sup>(b)(f)</sup> | 01/16/2062 | 9451150 |
| 12090929 | &nbsp;&nbsp;Series 2022-183-B | 5.00% | 04/20/2047 | 12401659 |
| 76021251 | &nbsp;&nbsp;Series 2022-188-IO | 2.50 %<sup>(f)</sup> | 02/20/2051 | 11817245 |
| 78803013 | &nbsp;&nbsp;Series 2022-202-IO | 0.72 %<sup>(b)(f)</sup> | 10/16/2063 | 4745297 |
| 73705451 | &nbsp;&nbsp;Series 2022-207-EI | 3.50 %<sup>(f)</sup> | 02/20/2052 | 13204825 |
| 78025539 | &nbsp;&nbsp;Series 2022-207-IO | 3.00 %<sup>(f)</sup> | 08/20/2051 | 12129663 |
| 72632131 | &nbsp;&nbsp;Series 2022-21-IO | 0.78 %<sup>(b)(f)</sup> | 10/16/2063 | 4084628 |
| 49663872 | &nbsp;&nbsp;Series 2022-218-IO | 3.50 %<sup>(f)</sup> | 01/20/2052 | 9473210 |
| 11582543 | &nbsp;&nbsp;Series 2022-23-BA | 3.00% | 05/20/2049 | 10764797 |
| 141869968 | &nbsp;&nbsp;Series 2022-27-IO | 0.75 %<sup>(b)(f)</sup> | 03/16/2064 | 7375720 |
| 89295401 | &nbsp;&nbsp;Series 2022-35-IO | 0.55 %<sup>(b)(f)</sup> | 10/16/2063 | 3980673 |
| 138831803 | &nbsp;&nbsp;Series 2022-38-IO | 0.72 %<sup>(b)(f)</sup> | 04/16/2064 | 7017517 |
| 403522743 | &nbsp;&nbsp;Series 2022-39-IO | 0.62 %<sup>(b)(f)</sup> | 01/16/2064 | 20006537 |
| 118634498 | &nbsp;&nbsp;Series 2022-42-IO | 0.67 %<sup>(b)(f)</sup> | 12/16/2063 | 5766360 |
| 22562879 | &nbsp;&nbsp;Series 2022-44-TY | 2.00% | 12/20/2051 | 18369223 |
| 57874710 | &nbsp;&nbsp;Series 2022-48-IO | 0.71 %<sup>(b)(f)</sup> | 01/16/2064 | 3336535 |
| 64448973 | &nbsp;&nbsp;Series 2022-49-IO | 0.76 %<sup>(b)(f)</sup> | 03/16/2064 | 3366499 |
| 120854360 | &nbsp;&nbsp;Series 2022-54-IO | 0.59 %<sup>(b)(f)</sup> | 10/16/2063 | 5317072 |
| 30629342 | &nbsp;&nbsp;Series 2022-56-HI | 2.50 %<sup>(f)</sup> | 01/20/2052 | 4746476 |
| 76856894 | &nbsp;&nbsp;Series 2022-62-IO | 0.62 %<sup>(b)(f)</sup> | 06/16/2064 | 3654246 |
| 201342427 | &nbsp;&nbsp;Series 2022-71-IO | 0.55 %<sup>(b)(f)</sup> | 06/16/2064 | 8100207 |
| 268421098 | &nbsp;&nbsp;Series 2022-72-DI | 0.58 %<sup>(b)(f)</sup> | 06/16/2064 | 11628700 |
| 95481691 | &nbsp;&nbsp;Series 2022-73-IO | 0.56 %<sup>(b)(f)</sup> | 07/16/2064 | 4560731 |
| 5944000 | &nbsp;&nbsp;Series 2022-78-HW | 2.50% | 04/20/2052 | 4620286 |
| 244200453 | &nbsp;&nbsp;Series 2022-79-IO | 0.69 %<sup>(b)(f)</sup> | 08/16/2064 | 14063333 |
| 186581661 | &nbsp;&nbsp;Series 2022-8-IO | 0.86 %<sup>(b)(f)</sup> | 09/16/2063 | 11043153 |
| 117475490 | &nbsp;&nbsp;Series 2022-83-IO | 2.50 %<sup>(f)</sup> | 11/20/2051 | 17292662 |
| 122235908 | &nbsp;&nbsp;Series 2022-86-IO | 0.53 %<sup>(b)(f)</sup> | 10/16/2063 | 5020278 |
| 54060829 | &nbsp;&nbsp;Series 2022-9-EI | 3.00 %<sup>(f)</sup> | 01/20/2052 | 7389121 |
| 94746226 | &nbsp;&nbsp;Series 2022-91-IO | 0.43 %<sup>(b)(f)</sup> | 07/16/2064 | 3741727 |
| 444097293 | &nbsp;&nbsp;Series 2023-108-IO | 0.69 %<sup>(b)(f)</sup> | 08/16/2059 | 16708494 |
| 50364816 | &nbsp;&nbsp;Series 2023-118-IO | 0.65 %<sup>(b)(f)</sup> | 05/16/2065 | 2537264 |
| 42686877 | &nbsp;&nbsp;Series 2023-121-IB | 0.87 %<sup>(b)(f)</sup> | 03/16/2064 | 2874389 |
| 10487169 | &nbsp;&nbsp;Series 2023-140-AS (-2 x 30 day avg SOFR US + 13.00%, 0.00% Floor, 13.00% Cap) | 4.40 %<sup>(h)</sup> | 09/20/2053 | 10720287 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 48409504 | &nbsp;&nbsp;Series 2023-16-IO | 0.90 %<sup>(b)(f)</sup> | 07/16/2063 | 3137812 |
| 23178926 | &nbsp;&nbsp;Series 2023-164-BV | 3.00% | 01/20/2052 | 20376717 |
| 417534198 | &nbsp;&nbsp;Series 2023-179-IO | 0.61 %<sup>(b)(f)</sup> | 09/16/2063 | 18040609 |
| 11482454 | &nbsp;&nbsp;Series 2023-187-ZP | 3.00 %<sup>(g)</sup> | 11/20/2051 | 6587461 |
| 187383489 | &nbsp;&nbsp;Series 2023-19-IO | 2.50 %<sup>(f)</sup> | 02/20/2051 | 27588808 |
| 25254246 | &nbsp;&nbsp;Series 2023-196-DZ | 4.50 %<sup>(g)</sup> | 12/20/2053 | 22679469 |
| 28382319 | &nbsp;&nbsp;Series 2023-24-IH | 3.50 %<sup>(f)</sup> | 07/20/2051 | 5315154 |
| 72059340 | &nbsp;&nbsp;Series 2023-50-IO | 0.86 %<sup>(b)(f)</sup> | 06/16/2064 | 4579645 |
| 29925760 | &nbsp;&nbsp;Series 2023-58-IO | 2.50 %<sup>(f)</sup> | 10/20/2050 | 4194829 |
| 32198900 | &nbsp;&nbsp;Series 2023-60-PT | 4.00% | 10/20/2049 | 30098325 |
| 54400068 | &nbsp;&nbsp;Series 2023-77-IO | 0.70 %<sup>(b)(f)</sup> | 04/16/2065 | 3021179 |
| 11847439 | &nbsp;&nbsp;Series 2023-88-IO | 0.92 %<sup>(b)(f)</sup> | 03/16/2065 | 816562 |
| 12299580 | &nbsp;&nbsp;Series 2024-1-CZ | 3.00 %<sup>(g)</sup> | 01/20/2050 | 9307513 |
| 16727438 | &nbsp;&nbsp;Series 2024-111-FM (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.50% | 07/20/2054 | 16729917 |
| 28789762 | &nbsp;&nbsp;Series 2024-143-IO | 3.50 %<sup>(f)</sup> | 02/20/2048 | 4416159 |
| 99444768 | &nbsp;&nbsp;Series 2024-150-IO | 0.97 %<sup>(b)(f)</sup> | 09/16/2066 | 7735262 |
| 196784303 | &nbsp;&nbsp;Series 2024-161-IO | 0.74 %<sup>(b)(f)</sup> | 06/16/2064 | 11213163 |
| 27162198 | &nbsp;&nbsp;Series 2024-19-EZ | 5.00 %<sup>(g)</sup> | 12/20/2063 | 26589386 |
| 24151839 | &nbsp;&nbsp;Series 2024-20-LB | 2.50% | 11/20/2051 | 16317342 |
| 21517912 | &nbsp;&nbsp;Series 2024-20-LI | 2.50 %<sup>(f)</sup> | 11/20/2051 | 3419265 |
| 46784177 | &nbsp;&nbsp;Series 2024-24-BI | 3.00 %<sup>(f)</sup> | 12/20/2051 | 7435199 |
| 14306220 | &nbsp;&nbsp;Series 2024-40-FE (30 day avg SOFR US + 1.00%, 1.00% Floor, 7.00% Cap) | 5.30% | 03/20/2054 | 14292433 |
| 76742752 | &nbsp;&nbsp;Series 2024-47-IO | 0.74 %<sup>(b)(f)</sup> | 10/16/2065 | 4831969 |
| 49687174 | &nbsp;&nbsp;Series 2024-67-AI | 0.74 %<sup>(b)(f)</sup> | 10/16/2065 | 3083849 |
| 26275641 | &nbsp;&nbsp;Series 2024-78-FH (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap) | 5.55% | 05/20/2054 | 26252803 |
| 82090467 | &nbsp;&nbsp;Series 2024-86-IA | 0.85 %<sup>(b)(f)</sup> | 08/16/2065 | 5418398 |
| 217680628 | &nbsp;&nbsp;Series 2025-21-IO | 0.95 %<sup>(b)(f)</sup> | 04/16/2065 | 15283248 |
| 20083333 | &nbsp;&nbsp;Series 2025-92-ZA | 5.00 %<sup>(g)</sup> | 05/16/2067 | 19508227 |
|  | **Total US Government and Agency Mortgage Backed Obligations (Cost $16,223,607,499)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $16,223,607,499)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $16,223,607,499)** | **15165276374** |
| **US GOVERNMENT AND AGENCY OBLIGATIONS - 3.3%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 3.3%** |  |  |  |
| 300205000 | United States Treasury Note/Bond | 1.13% | 05/15/2040 | 186736891 |
| 192386000 | United States Treasury Note/Bond | 1.13% | 08/15/2040 | 118415086 |
| 335238000 | United States Treasury Note/Bond | 1.38% | 11/15/2040 | 213674938 |
| 320590000 | United States Treasury Note/Bond | 1.88% | 02/15/2041 | 220605994 |
| 148600000 | United States Treasury Note/Bond | 1.75% | 08/15/2041 | 98702906 |
| 19400000 | United States Treasury Note/Bond | 2.00% | 11/15/2041 | 13348110 |
| 186150000 | United States Treasury Note/Bond | 2.50% | 02/15/2045 | 131104864 |
|  | **Total US Government and Agency Obligations (Cost $995,237,642)** | **Total US Government and Agency Obligations (Cost $995,237,642)** | **Total US Government and Agency Obligations (Cost $995,237,642)** | **982588789** |
| **SHORT TERM INVESTMENTS - 3.4%** | **SHORT TERM INVESTMENTS - 3.4%** |  |  |  |
| 343195877 | First American Government Obligations Fund - U | 4.28 %<sup>(i)</sup> |  | 343195877 |
| 343195877 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(i)</sup> |  | 343195877 |
| 343195877 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(i)</sup> |  | 343195877 |
|  | **Total Short Term Investments (Cost $1,029,587,631)** | **Total Short Term Investments (Cost $1,029,587,631)** | **Total Short Term Investments (Cost $1,029,587,631)** | **1029587631** |
|  | **Total Investments - 99.4%<sup>(l)</sup> (Cost $33,431,620,753)** | **Total Investments - 99.4%<sup>(l)</sup> (Cost $33,431,620,753)** | **Total Investments - 99.4%<sup>(l)</sup> (Cost $33,431,620,753)** | **29790758936** |
|  | **Other Assets in Excess of Liabilities - 0.6%** | **Other Assets in Excess of Liabilities - 0.6%** | **Other Assets in Excess of Liabilities - 0.6%** | **188221264** |
|  | **NET ASSETS - 100.0%** |  |  | $**29978980200** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Mortgage Backed Obligations | 50.6% |
| Non-Agency Residential Collateralized Mortgage Obligations | 23.9% |
| Non-Agency Commercial Mortgage Backed Obligations | 7.6% |
| Asset Backed Obligations | 5.9% |
| Collateralized Loan Obligations | 4.7% |
| Short Term Investments | 3.4% |
| US Government and Agency Obligations | 3.3% |
| Other Assets and Liabilities | 0.6% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $8,657,276,795 or 28.9% of the Fund's net assets.** 

**(b)** **Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.** 

**(c)** **Value determined using significant unobservable inputs.** 

**(d)** **Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.** 

**(e)** **Security pays interest at rates that represent residual cashflows available after more senior tranches have been paid.** 

**(f)** **Interest only security** 

**(g)** **This security accrues interest which is added to the outstanding principal balance. The interest payment will be deferred until all other tranches in the structure are paid off. The rate disclosed is as of period end.** 

**(h)** **Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.** 

**(i)** **Seven-day yield as of period end.** 

**(j)** **Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.** 

**(k)** **Principal only security** 

**(l)** **99.4% of the total investments are based in the United States.** 

---

| | |
|:---|:---|
| **COFI** | **Cost of Funds Index** |
| **SOFR** | **Secured Overnight Financing Rate** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** |  |  |  |  |  |
| **Description** | **Long/ Short** | **Contract Quantity** | **Expiration<br> Date** | **Notional <br> Amount<sup>(1)</sup>** | **Unrealized Appreciation (Depreciation)/ Value** |
| U.S. Treasury Long Bonds | Long | 17000 | 9/19/2025 | $1869768870 | $93199880 |
| U.S. Treasury 2 Year Notes | Long | 69500 | 9/30/2025 | 14398462434 | 59166507 |
| U.S. Treasury Ultra Bonds | Long | 5175 | 9/19/2025 | 587286672 | 29185203 |
| U.S. Treasury 5 Year Note | Long | 8500 | 9/30/2025 | 914041777 | 12458223 |
| 10 Year U.S. Ultra Treasury Notes | Short | (20000) | 9/19/2025 | (2220720991) | (64591509) |
|  |  |  |  |  | $129418304 |

---

**(1)** **Notional Amount is determined based on the number of contracts multiplied by the contract size and the quoted daily settlement price in US dollars.** 

---

| | |
|:---|:---|
| **DoubleLine Core Fixed Income Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **ASSET BACKED OBLIGATIONS - 3.1%** | **ASSET BACKED OBLIGATIONS - 3.1%** | **ASSET BACKED OBLIGATIONS - 3.1%** |  |  |
|  | Aaset Trust |  |  |  |
| 2376836 | &nbsp;&nbsp;Series 2021-2A-B | 3.54 %<sup>(a)</sup> | 01/15/2047 | 2221856 |
|  | Affirm, Inc. |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 2025-1A-D | 5.62 %<sup>(a)</sup> | 02/15/2033 | 4015319 |
|  | Apollo Aviation Securitization Equity Trust |  |  |  |
| 7657298 | &nbsp;&nbsp;Series 2024-1A-B | 6.90 %<sup>(a)</sup> | 05/16/2049 | 7766721 |
|  | AutoNation Finance Trust |  |  |  |
| 4450000 | &nbsp;&nbsp;Series 2025-1A-D | 5.63 %<sup>(a)</sup> | 09/10/2032 | 4516743 |
|  | Carbon Level Mitigation Trust |  |  |  |
| 18198018 | &nbsp;&nbsp;Series 2021-5-CERT | 0.61 %<sup>(a)</sup> | 10/13/2051 | 10874535 |
|  | Carvana Auto Receivables Trust |  |  |  |
| 5450000 | &nbsp;&nbsp;Series 2024-P3-A4 | 4.31% | 09/10/2030 | 5451385 |
|  | Castlelake Aircraft Securitization Trust |  |  |  |
| 1579649 | &nbsp;&nbsp;Series 2021-1A-A | 3.47 %<sup>(a)</sup> | 01/15/2046 | 1541936 |
|  | Compass Datacenters LLC |  |  |  |
| 1450000 | &nbsp;&nbsp;Series 2024-2A-B2 | 6.00 %<sup>(a)</sup> | 08/25/2049 | 1467286 |
|  | Container Leasing International LLC |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 2025-1A-A | 5.35 %<sup>(a)</sup> | 06/20/2050 | 4039920 |
| 2000000 | &nbsp;&nbsp;Series 2025-1A-B | 5.59 %<sup>(a)</sup> | 06/20/2050 | 2016742 |
|  | Cyrusone Holdco LLC |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2025-1A-A2 | 5.91 %<sup>(a)</sup> | 02/20/2050 | 2042054 |
|  | Diamond Infrastructure Funding LLC |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2021-1A-C | 3.48 %<sup>(a)</sup> | 04/15/2049 | 2836252 |
|  | DigitalBridge Group, Inc. |  |  |  |
| 6500000 | &nbsp;&nbsp;Series 2023-1A-A2A | 5.00 %<sup>(a)</sup> | 09/15/2048 | 6452982 |
|  | European Wax Center, Inc. |  |  |  |
| 2764500 | &nbsp;&nbsp;Series 2022-1A-A2 | 5.50 %<sup>(a)</sup> | 03/15/2052 | 2726367 |
|  | Exeter Automobile Receivables Trust |  |  |  |
| 145191 | &nbsp;&nbsp;Series 2021-1A-D | 1.08% | 11/16/2026 | 144971 |
| 8500000 | &nbsp;&nbsp;Series 2021-1A-E | 2.21 %<sup>(a)</sup> | 02/15/2028 | 8426978 |
|  | ExteNet LLC |  |  |  |
| 3350000 | &nbsp;&nbsp;Series 2025-1A-B | 5.70 %<sup>(a)</sup> | 07/25/2054 | 3375246 |
|  | FWEA |  |  |  |
| 5593493 | &nbsp;&nbsp;Series 2024-1-A | 7.15 %<sup>(b)</sup> | 08/25/2044 | 5727736 |
|  | GreenSky LLC |  |  |  |
| 1850000 | &nbsp;&nbsp;Series 2024-2-C | 5.55 %<sup>(a)</sup> | 10/27/2059 | 1867954 |
|  | Helios Issuer LLC |  |  |  |
| 1937305 | &nbsp;&nbsp;Series 2018-1A-A | 4.87 %<sup>(a)</sup> | 07/20/2048 | 1851005 |
|  | HERO Funding Trust |  |  |  |
| 1031710 | &nbsp;&nbsp;Series 2016-1A-A | 4.05 %<sup>(a)</sup> | 09/20/2041 | 977225 |
|  | Horizon Aircraft Finance Ltd. |  |  |  |
| 1156698 | &nbsp;&nbsp;Series 2019-2-A | 3.43 %<sup>(a)</sup> | 11/15/2039 | 1105318 |
| 4331250 | &nbsp;&nbsp;Series 2024-1-A | 5.38 %<sup>(a)</sup> | 09/15/2049 | 4342234 |
|  | Hyundai Auto Receivables Trust |  |  |  |
| 5200000 | &nbsp;&nbsp;Series 2024-C-C | 4.86% | 02/17/2032 | 5230478 |
|  | ITE Rail Fund Levered LP |  |  |  |
| 11805908 | &nbsp;&nbsp;Series 2021-1A-A | 2.25 %<sup>(a)</sup> | 02/28/2051 | 11071250 |
|  | MACH 1 Cayman Ltd. |  |  |  |
| 4969383 | &nbsp;&nbsp;Series 2019-1-A | 3.47 %<sup>(a)</sup> | 10/15/2039 | 4858830 |
|  | Mosaic Solar Loans LLC |  |  |  |
| 726378 | &nbsp;&nbsp;Series 2018-1A-A | 4.01 %<sup>(a)</sup> | 06/22/2043 | 680633 |
| 949240 | &nbsp;&nbsp;Series 2019-2A-B | 3.28 %<sup>(a)</sup> | 09/20/2040 | 857234 |
|  | Navient Student Loan Trust |  |  |  |
| 2965219 | &nbsp;&nbsp;Series 2018-A-B | 3.68 %<sup>(a)</sup> | 02/18/2042 | 2906790 |
|  | NP Railcar Holdings LLC |  |  |  |
| 1654154 | &nbsp;&nbsp;Series 2016-1A-A1 | 4.16 %<sup>(a)</sup> | 04/20/2046 | 1646655 |
| 4982952 | &nbsp;&nbsp;Series 2019-1A-A2 | 3.24 %<sup>(a)</sup> | 09/20/2049 | 4838870 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Pagaya AI Debt Selection Trust |  |  |  |
| 597476 | &nbsp;&nbsp;Series 2021-2-NOTE | 3.00 %<sup>(a)</sup> | 01/25/2029 | 592865 |
|  | Primrose Funding LLC |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2025-1A-A2 | 6.46 %<sup>(a)</sup> | 07/30/2055 | 2031518 |
|  | Research-Driven Pagaya Motor Asset Trust |  |  |  |
| 1670719 | &nbsp;&nbsp;Series 2025-1A-A | 5.04 %<sup>(a)</sup> | 06/27/2033 | 1668345 |
| 5000000 | &nbsp;&nbsp;Series 2025-3A-A2 | 5.15 %<sup>(a)</sup> | 02/27/2034 | 5027474 |
|  | Sapphire Aviation Finance Ltd. |  |  |  |
| 2289958 | &nbsp;&nbsp;Series 2020-1A-A | 3.23 %<sup>(a)</sup> | 03/15/2040 | 2209537 |
|  | SEB Funding LLC |  |  |  |
| 4987500 | &nbsp;&nbsp;Series 2021-1A-A2 | 4.97 %<sup>(a)</sup> | 01/30/2052 | 4898873 |
|  | SERVPRO Master Issuer LLC |  |  |  |
| 945000 | &nbsp;&nbsp;Series 2019-1A-A2 | 3.88 %<sup>(a)</sup> | 10/25/2049 | 930093 |
|  | Shenton Aircraft Investment Ltd. |  |  |  |
| 840002 | &nbsp;&nbsp;Series 2015-1A-A | 4.75 %<sup>(a)</sup> | 10/15/2042 | 820547 |
|  | SOFI Alternative Trust |  |  |  |
| 644248 | &nbsp;&nbsp;Series 2021-1-PT1 | 9.72 %<sup>(a)(c)</sup> | 05/25/2030 | 638069 |
| 595347 | &nbsp;&nbsp;Series 2021-2-A | 1.25 %<sup>(a)</sup> | 08/15/2030 | 588671 |
| 75000 | &nbsp;&nbsp;Series 2021-2-R1 | 0.00 %<sup>(a)(b)(d)</sup> | 08/15/2030 | 345301 |
|  | Start Ltd./Bermuda |  |  |  |
| 1466963 | &nbsp;&nbsp;Series 2019-1-A | 4.09 %<sup>(a)</sup> | 03/15/2044 | 1451455 |
|  | Start/Bermuda |  |  |  |
| 1540358 | &nbsp;&nbsp;Series 2018-1-A | 4.09 %<sup>(a)</sup> | 05/15/2043 | 1540455 |
|  | Subway Funding LLC |  |  |  |
| 4477500 | &nbsp;&nbsp;Series 2024-1A-A23 | 6.51 %<sup>(a)</sup> | 07/30/2054 | 4605847 |
| 4975000 | &nbsp;&nbsp;Series 2024-3A-A23 | 5.91 %<sup>(a)</sup> | 07/30/2054 | 4939700 |
|  | Sunrun, Inc. |  |  |  |
| 4132322 | &nbsp;&nbsp;Series 2019-2-A | 3.61 %<sup>(a)</sup> | 02/01/2055 | 3917373 |
| 9561805 | &nbsp;&nbsp;Series 2020-1A-A | 2.21 %<sup>(a)</sup> | 07/31/2051 | 8595157 |
|  | Switch ABS Issuer LLC |  |  |  |
| 6000000 | &nbsp;&nbsp;Series 2024-2A-A2 | 5.44 %<sup>(a)</sup> | 06/25/2054 | 6052890 |
|  | Tesla Sustainable Energy Trust |  |  |  |
| 3600000 | &nbsp;&nbsp;Series 2024-1A-B | 5.82 %<sup>(a)</sup> | 06/21/2050 | 3617751 |
|  | Upgrade Master Pass-Thru Trust |  |  |  |
| 133057 | &nbsp;&nbsp;Series 2021-PT3-A | 16.14 %<sup>(a)(c)</sup> | 07/15/2027 | 124391 |
| 557205 | &nbsp;&nbsp;Series 2021-PT4-A | 13.64 %<sup>(a)(c)</sup> | 08/15/2027 | 528025 |
|  | Upstart Pass-Through Trust Series |  |  |  |
| 69284 | &nbsp;&nbsp;Series 2021-ST2-A | 2.50 %<sup>(a)</sup> | 04/20/2027 | 69180 |
|  | Upstart Securitization Trust |  |  |  |
| 2187841 | &nbsp;&nbsp;Series 2021-2-C | 3.61 %<sup>(a)</sup> | 06/20/2031 | 2176781 |
| 1404353 | &nbsp;&nbsp;Series 2021-3-C | 3.28 %<sup>(a)</sup> | 07/20/2031 | 1390626 |
| 8553779 | &nbsp;&nbsp;Series 2021-4-C | 3.19 %<sup>(a)</sup> | 09/20/2031 | 8432660 |
| 2569180 | &nbsp;&nbsp;Series 2023-3-A | 6.90 %<sup>(a)</sup> | 10/20/2033 | 2585507 |
|  | USASF Receivables LLC |  |  |  |
| 1443378 | &nbsp;&nbsp;Series 2021-1A-C | 2.20 %<sup>(a)</sup> | 05/15/2026 | 1347110 |
|  | Vantage Data Centers Holding LLC |  |  |  |
| 1075000 | &nbsp;&nbsp;Series 2020-2A-A2 | 1.99 %<sup>(a)</sup> | 09/15/2045 | 1010017 |
|  | WAVE USA |  |  |  |
| 6930203 | &nbsp;&nbsp;Series 2019-1-A | 3.60 %<sup>(a)</sup> | 09/15/2044 | 6664547 |
|  | Willis Lease Finance Corp. |  |  |  |
| 4500000 | &nbsp;&nbsp;Series 2025-A-A | 5.58 %<sup>(a)</sup> | 06/15/2050 | 4583219 |
|  | **Total Asset Backed Obligations (Cost $208,469,726)** | **Total Asset Backed Obligations (Cost $208,469,726)** | **Total Asset Backed Obligations (Cost $208,469,726)** | **201263489** |
| **BANK LOANS - 2.4%** | **BANK LOANS - 2.4%** | **BANK LOANS - 2.4%** |  |  |
|  | 1261229 BC Ltd. |  |  |  |
| 385000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.25%, 0.00% Floor) | 10.56% | 10/08/2030 | 372157 |
|  | AAdvantage Loyalty IP Ltd. |  |  |  |
| 854750 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.52% | 04/20/2028 | 850408 |
| 600000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 05/28/2032 | 604650 |
|  | ABG Intermediate Holdings 2 LLC |  |  |  |
| 94288 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 12/21/2028 | 94354 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Access CIG LLC |  |  |  |
| 315281 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.38% | 08/18/2028 | 317128 |
|  | Acrisure LLC |  |  |  |
| 1235742 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 11/06/2030 | 1234290 |
| 410000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 06/21/2032 | 410000 |
|  | Acuris Finance US, Inc. |  |  |  |
| 648383 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor) | 8.05% | 02/16/2028 | 649803 |
|  | ADMI Corp. |  |  |  |
| 1618121 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.50% Floor) | 8.19% | 12/23/2027 | 1547328 |
| 733825 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.75%, 0.00% Floor) | 10.08% | 12/23/2027 | 713278 |
|  | AI Aqua Merger Sub, Inc. |  |  |  |
| 1523766 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.32% | 07/31/2028 | 1523324 |
|  | Alera Group 2nd Lien T/L |  |  |  |
| 235000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.50%, 0.50% Floor) | 9.83% | 05/30/2033 | 239847 |
|  | Alera Group, Inc. |  |  |  |
| 600000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.58% | 05/28/2032 | 602475 |
|  | Alliant Holdings Intermediate LLC |  |  |  |
| 1109437 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.07% | 09/19/2031 | 1110946 |
|  | Allied Universal Holdco LLC |  |  |  |
| 1000024 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.50% Floor) | 8.18% | 05/15/2028 | 1005919 |
|  | Allspring Buyer LLC |  |  |  |
| 1420628 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.31% | 11/01/2030 | 1430395 |
|  | Alpha Generation LLC |  |  |  |
| 1179674 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 09/30/2031 | 1179473 |
|  | Altice France SA |  |  |  |
| 977137 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.50%, 0.00% Floor) | 9.76% | 08/31/2028 | 887836 |
|  | Amentum Holdings, Inc. |  |  |  |
| 981933 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 09/29/2031 | 981934 |
|  | AmWINS Group, Inc. |  |  |  |
| 840775 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.75% Floor) | 6.58% | 01/30/2032 | 842011 |
|  | APi Group DE, Inc. |  |  |  |
| 295000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 01/03/2029 | 295400 |
|  | Applied Systems, Inc. |  |  |  |
| 330000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.80% | 02/23/2032 | 339199 |
|  | Apro LLC |  |  |  |
| 828738 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor) | 8.06% | 07/09/2031 | 827702 |
|  | Arches Buyer, Inc. |  |  |  |
| 418280 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor) | 7.68% | 12/06/2027 | 413652 |
|  | Ardonagh Group Finco Pty Ltd. |  |  |  |
| 52691 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.04% | 02/18/2031 | 52427 |
| 42182 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.04% | 02/18/2031 | 41971 |
| 117551 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 116963 |
| 43956 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 43736 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 280557 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 279154 |
| 283446 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 282028 |
|  | Arsenal AIC Parent LLC |  |  |  |
| 208353 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 08/19/2030 | 208457 |
|  | Ascend Learning LLC |  |  |  |
| 1301381 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 12/11/2028 | 1302663 |
| 167545 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.85%, 0.50% Floor) | 10.18% | 12/10/2029 | 168173 |
|  | Aspire Bakeries T/L B |  |  |  |
| 691508 | &nbsp;&nbsp;Senior Secured Term Loan | 7.82 %<sup>(e)</sup> | 12/23/2030 | 691912 |
|  | AssuredPartners, Inc. |  |  |  |
| 1392698 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor) | 7.83% | 02/14/2031 | 1397760 |
|  | Astra Acquisition Corp. |  |  |  |
| 699785 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 8.99%, 0.75% Floor) | 13.16 %<sup>(f)</sup> | 10/25/2029 | 4668 |
|  | Asurion LLC |  |  |  |
| 295000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor) | 9.69% | 02/03/2028 | 282924 |
| 540462 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor) | 8.68% | 08/21/2028 | 535490 |
| 485000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor) | 9.69% | 01/22/2029 | 451239 |
| 240000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%) | 8.56% | 09/19/2030 | 233460 |
| 997505 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor) | 8.58% | 09/19/2030 | 974048 |
|  | Aveanna Healthcare LLC |  |  |  |
| 1316206 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.85%, 0.50% Floor) | 8.18% | 07/17/2028 | 1291119 |
| 243366 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.15%, 0.50% Floor) | 11.48% | 12/10/2029 | 239532 |
|  | Bally's Corp. |  |  |  |
| 717346 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.51%, 0.50% Floor) | 7.78% | 10/02/2028 | 636644 |
|  | Bausch + Lomb Corp. |  |  |  |
| 550200 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.33% | 09/29/2028 | 551347 |
| 1385000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%) | 8.57% | 01/15/2031 | 1389335 |
|  | BCP Renaissance Parent LLC |  |  |  |
| 978122 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.30% | 10/31/2028 | 982249 |
|  | BCPE Empire Holdings, Inc. |  |  |  |
| 2403053 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.58% | 12/26/2030 | 2392239 |
|  | Beach Acquisition Bidco LLC |  |  |  |
| 375000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.25%) | 7.56% | 06/28/2032 | 377344 |
|  | Boxer Parent Co., Inc. |  |  |  |
| 2603475 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 07/30/2031 | 2590288 |
| 507982 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.00% Floor) | 10.08% | 07/30/2032 | 495602 |
|  | Brand Industrial Services, Inc. |  |  |  |
| 704682 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.50% Floor) | 8.78% | 08/01/2030 | 592683 |
|  | Brazos Delaware II LLC |  |  |  |
| 34052 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.31% | 02/11/2030 | 34149 |
|  | BroadStreet Partners, Inc. |  |  |  |
| 78948 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 06/16/2031 | 79131 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 807785 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 06/16/2031 | 809663 |
|  | Brown Group Holding LLC |  |  |  |
| 290000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%) | 6.82% | 07/01/2031 | 290676 |
|  | Burlington Coat Factory Warehouse Corp. |  |  |  |
| 174560 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 09/19/2031 | 174124 |
|  | Caesars Entertainment, Inc. |  |  |  |
| 842866 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.50% Floor) | 6.58% | 02/06/2031 | 843397 |
|  | Camelot US Acquisition LLC |  |  |  |
| 19940 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 01/31/2031 | 19759 |
| 940379 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 01/31/2031 | 931859 |
| 218087 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 01/31/2031 | 216111 |
| 560000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%) | 7.58% | 01/31/2031 | 561050 |
|  | Castle US Holding Corp. |  |  |  |
| 299013 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.36%, 0.00% Floor) | 8.84% | 05/31/2030 | 164644 |
|  | Cengage Learning, Inc. |  |  |  |
| 198784 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor) | 7.82% | 03/22/2031 | 199492 |
| 340779 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor) | 7.83% | 03/24/2031 | 341993 |
|  | Central Parent LLC |  |  |  |
| 422870 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.55% | 07/06/2029 | 354174 |
|  | Chariot Buyer LLC |  |  |  |
| 950479 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor) | 7.68% | 11/03/2028 | 953179 |
|  | Clarios Global LP |  |  |  |
| 1528469 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 05/06/2030 | 1526085 |
| 40000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 01/28/2032 | 40088 |
|  | Clearwater Analytics LLC |  |  |  |
| 465000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.52% | 04/21/2032 | 465581 |
|  | Cloud Software Group, Inc. |  |  |  |
| 1988 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 03/24/2031 | 1994 |
| 789237 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 03/24/2031 | 791454 |
|  | ClubCorp Holdings, Inc. |  |  |  |
| 724421 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor) | 9.56% | 09/18/2026 | 726232 |
| 436 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.00% Floor) | 9.56% | 09/18/2026 | 437 |
|  | Clydesdale Acquisition Holdings, Inc. |  |  |  |
| 666440 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.18%, 0.50% Floor) | 7.50% | 04/13/2029 | 665874 |
|  | CMG Media Corp. |  |  |  |
| 117861 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.60%, 0.00% Floor) | 7.90% | 06/18/2029 | 114530 |
|  | CNT Holdings I Corp. |  |  |  |
| 172817 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.75% Floor) | 6.78% | 11/08/2032 | 173438 |
|  | Colossus Acquireco LLC |  |  |  |
| 1670000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 1.75%) | 6.06% | 06/14/2032 | 1661024 |
|  | CommScope LLC |  |  |  |
| 961318 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 2.00% Floor) | 9.58% | 12/17/2029 | 974435 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Compass Power Generation LLC |  |  |  |
| 1463014 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.56% | 04/16/2029 | 1473072 |
|  | Construction Partners, Inc. |  |  |  |
| 825850 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 11/03/2031 | 829463 |
|  | CoreLogic, Inc. |  |  |  |
| 242094 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor) | 7.94% | 06/02/2028 | 239938 |
|  | Cornerstone Building Brands, Inc. |  |  |  |
| 447141 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor) | 7.66% | 04/12/2028 | 400564 |
| 124063 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.50% Floor) | 8.81% | 05/15/2031 | 106073 |
|  | Cornerstone OnDemand, Inc. |  |  |  |
| 281484 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor) | 8.19% | 10/16/2028 | 264860 |
|  | Corpay Technologies Operating Co. LLC |  |  |  |
| 199000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 04/28/2028 | 199249 |
|  | Cotiviti, Inc. |  |  |  |
| 543737 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.07% | 05/01/2031 | 541870 |
| 850000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.07% | 03/29/2032 | 846991 |
|  | CPI Holdco B LLC |  |  |  |
| 546972 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 05/19/2031 | 546015 |
| 415000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 05/19/2031 | 415131 |
|  | CPPIB OVM Member US LLC |  |  |  |
| 486575 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 08/20/2031 | 485966 |
|  | Creative Artists Agency LLC |  |  |  |
| 104525 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 10/01/2031 | 104955 |
|  | Crosby US Acquisition Corp. |  |  |  |
| 414266 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor) | 7.83% | 08/16/2029 | 416324 |
|  | Crown Finance US, Inc. |  |  |  |
| 806187 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor) | 9.57% | 12/02/2031 | 806993 |
|  | CSC Holdings LLC |  |  |  |
| 618018 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (Prime Rate + 1.50%, 0.00% Floor) | 9.00% | 04/15/2027 | 602901 |
| 355000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.81% | 01/18/2028 | 350763 |
|  | Cube A&D Buyer, Inc. |  |  |  |
| 907725 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.52% | 10/20/2031 | 913680 |
|  | Curium Bidco Sarl |  |  |  |
| 204540 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 07/31/2029 | 205350 |
| 137777 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 07/31/2029 | 138322 |
| 61218 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 07/31/2029 | 61460 |
|  | Cyborg Oldco DC Holdings, Inc. |  |  |  |
| 358331 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.00%) | 8.33 %<sup>(b)(f)</sup> | 05/01/2026 |  |
|  | Dexko Global, Inc. |  |  |  |
| 536677 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor) | 8.19% | 10/04/2028 | 514882 |
|  | DG Investment Intermediate Holdings 2, Inc. |  |  |  |
| 1222370 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.75% Floor) | 7.94% | 03/31/2028 | 1226147 |
| 250000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 6.86%, 0.75% Floor) | 11.19% | 03/29/2029 | 249140 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Directv Financing LLC |  |  |  |
| 171292 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.75% Floor) | 9.54% | 08/02/2027 | 172162 |
| 332055 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.51%, 0.75% Floor) | 9.79% | 08/02/2029 | 330093 |
|  | Dun & Bradstreet Corp. |  |  |  |
| 763424 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 01/18/2029 | 763710 |
|  | Dynasty Acquisition Co., Inc. |  |  |  |
| 490159 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 10/31/2031 | 490936 |
| 186441 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%) | 6.33% | 10/31/2031 | 186736 |
|  | EAB Global, Inc. |  |  |  |
| 1002313 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 08/16/2030 | 986025 |
|  | Eagle Parent Corp. |  |  |  |
| 927422 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 04/02/2029 | 921240 |
| 89123 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 04/02/2029 | 88529 |
| 89123 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 04/02/2029 | 88529 |
|  | Ecovyst Catalyst Technologies LLC |  |  |  |
| 250529 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.28% | 06/12/2031 | 249322 |
| 649520 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.28% | 06/12/2031 | 646390 |
|  | Edelman Financial Engines Center LLC |  |  |  |
| 793008 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 04/07/2028 | 794772 |
| 465000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor) | 9.58% | 10/06/2028 | 467499 |
|  | EG America LLC |  |  |  |
| 624228 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.00% Floor) | 8.58% | 02/07/2028 | 627849 |
|  | Eisner Advisory Group LLC |  |  |  |
| 911882 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor) | 8.33% | 02/28/2031 | 917011 |
|  | Element Materials Technology Group US Holdings, Inc. |  |  |  |
| 1145378 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 06/25/2029 | 1150389 |
|  | Ellucian Holdings, Inc. |  |  |  |
| 1240236 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 10/08/2029 | 1244695 |
| 55000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor) | 9.08% | 11/22/2032 | 56237 |
|  | Emrld Borrower LP |  |  |  |
| 813850 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 08/04/2031 | 813561 |
|  | Enviri Corp. |  |  |  |
| 473766 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.36%, 0.50% Floor) | 6.69% | 03/10/2028 | 470154 |
|  | Everi Holdings, Inc. |  |  |  |
| 453071 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.50% Floor) | 6.94% | 08/03/2028 | 451938 |
|  | Fertitta Entertainment LLC/NV |  |  |  |
| 1606267 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor) | 7.83% | 01/29/2029 | 1606331 |
|  | FinThrive Software Intermediate Holdings, Inc. |  |  |  |
| 63527 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.32% | 12/18/2028 | 61927 |
| 106410 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 0.50% Floor) | 8.44% | 12/18/2028 | 96301 |
|  | Flutter Financing BV |  |  |  |
| 255000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.50% Floor) | 6.30% | 06/04/2032 | 255319 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Focus Financial Partners LLC |  |  |  |
| 1489595 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 09/15/2031 | 1488113 |
|  | Fortrea Holdings, Inc. |  |  |  |
| 59794 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.08% | 07/01/2030 | 53815 |
|  | Freeport LNG Investments LLLP |  |  |  |
| 773282 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.52% | 12/21/2028 | 775057 |
|  | Gainwell Acquisition Corp. |  |  |  |
| 1357831 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 0.10%, 0.75% Floor) | 8.40% | 10/01/2027 | 1311325 |
|  | Garda World Security Corp. |  |  |  |
| 649205 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.31% | 02/01/2029 | 651185 |
|  | GBT US III LLC |  |  |  |
| 552225 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.78% | 07/28/2031 | 553835 |
|  | GC Ferry Acquisition I, Inc. |  |  |  |
| 717500 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.50%) | 7.83% | 06/07/2032 | 705840 |
|  | Gen Digital, Inc. |  |  |  |
| 1020000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 04/16/2032 | 1019490 |
|  | GFL ES US LLC |  |  |  |
| 1275000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.82% | 03/03/2032 | 1277391 |
|  | GIP Pilot Acquisition Partners LP |  |  |  |
| 452982 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.28% | 10/04/2030 | 455057 |
|  | Gogo Intermediate Holdings LLC |  |  |  |
| 453734 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.75% Floor) | 8.19% | 04/28/2028 | 446504 |
|  | Golden State Foods LLC |  |  |  |
| 570702 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor) | 8.56% | 12/04/2031 | 574155 |
|  | Grant Thornton Advisors LLC |  |  |  |
| 898906 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 05/30/2031 | 899243 |
| 295000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 05/30/2031 | 295848 |
|  | Gray Media, Inc. |  |  |  |
| 463686 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor) | 7.44% | 12/01/2028 | 450144 |
|  | Great Outdoors Group LLC |  |  |  |
| 453718 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.75% Floor) | 7.58% | 01/23/2032 | 453790 |
|  | Hamilton Projects Acquiror LLC |  |  |  |
| 180000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 2.50%) | 6.81% | 05/30/2031 | 180825 |
| 219650 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%) | 7.33% | 05/30/2031 | 220657 |
|  | Helios Software Holdings, Inc. |  |  |  |
| 783595 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 07/18/2030 | 785472 |
|  | Herc Holdings, Inc. |  |  |  |
| 220000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.32% | 06/02/2032 | 221100 |
|  | Hexion Holdings Corp. |  |  |  |
| 846823 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor) | 8.31% | 03/15/2029 | 846027 |
|  | Hightower Holding LLC |  |  |  |
| 1688050 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.26% | 02/03/2032 | 1686649 |
|  | HomeServe USA Holding Corp. |  |  |  |
| 464125 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.32% | 10/21/2030 | 465141 |
|  | Hunter Douglas, Inc. |  |  |  |
| 593979 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.55% | 01/20/2032 | 592619 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Husky Injection Molding Systems Ltd. |  |  |  |
| 579150 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.67% | 02/15/2029 | 581423 |
| 579150 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.80% | 02/15/2029 | 581423 |
|  | iHeartCommunications, Inc. |  |  |  |
| 248750 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.89%, 0.00% Floor) | 10.22% | 05/01/2029 | 203456 |
|  | INEOS US Finance LLC |  |  |  |
| 1651200 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 8.68% | 02/19/2030 | 1586778 |
|  | INEOS US Petrochem LLC |  |  |  |
| 513326 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor) | 8.78% | 03/29/2029 | 479318 |
| 563588 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor) | 8.58% | 10/07/2031 | 516387 |
|  | ION Trading Technologies Sarl |  |  |  |
| 339524 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 04/03/2028 | 340151 |
|  | Kaman Corp. |  |  |  |
| 140330 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/26/2032 | 140342 |
| 169230 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/26/2032 | 169243 |
| 139991 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/26/2032 | 140003 |
| 192388 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/26/2032 | 192404 |
| 192388 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% | 02/26/2032 | 192404 |
| 139991 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% | 02/26/2032 | 140003 |
| 169230 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% | 02/26/2032 | 169243 |
| 140330 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% | 02/26/2032 | 140342 |
|  | Kaseya, Inc. |  |  |  |
| 493763 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 03/22/2032 | 496271 |
|  | Kenan Advantage Group, Inc. |  |  |  |
| 918869 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 01/25/2029 | 907383 |
|  | Klockner Pentaplast of America, Inc. |  |  |  |
| 468233 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.98%, 0.50% Floor) | 9.23% | 02/09/2026 | 434453 |
|  | Kronos Acquisition Holdings, Inc. |  |  |  |
| 163630 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.30% | 07/08/2031 | 147104 |
|  | Lasership, Inc. |  |  |  |
| 6548 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 7.50% Cash or 1 mo. SOFR US + 1.50% + 7.00% PIK, 0.75% Floor) | 11.93% | 08/10/2029 | 2019 |
| 165954 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 7.76% Cash or 1 mo. SOFR US + 1.76% +7.00% PIK, 0.75% Floor) | 11.93% | 08/10/2029 | 51169 |
|  | LBM Acquisition LLC |  |  |  |
| 1422980 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.75% Floor) | 8.16% | 06/06/2031 | 1334044 |
|  | LC Ahab US Bidco LLC |  |  |  |
| 1251682 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.32% | 05/01/2031 | 1252470 |
|  | Life Time, Inc. |  |  |  |
| 577100 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.78% | 11/05/2031 | 579336 |
|  | LifePoint Health, Inc. |  |  |  |
| 1037565 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor) | 8.01% | 05/19/2031 | 1028160 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Lightning Power LLC |  |  |  |
| 749338 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.55% | 08/18/2031 | 751574 |
|  | Lumen Technologies, Inc. |  |  |  |
| 364599 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.46%, 2.00% Floor) | 6.79% | 04/16/2029 | 360727 |
|  | Madison IAQ LLC |  |  |  |
| 1427338 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.50%, 0.50% Floor) | 6.76% | 06/21/2028 | 1430015 |
| 415000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.51% | 05/06/2032 | 416641 |
|  | Madison Safety & Flow LLC |  |  |  |
| 476524 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 09/26/2031 | 478013 |
|  | Mavis Tire Express Services Topco Corp. |  |  |  |
| 184538 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.75% Floor) | 7.33% | 05/04/2028 | 184679 |
|  | McAfee Corp. |  |  |  |
| 1118206 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.32% | 03/01/2029 | 1088272 |
|  | MH Sub I LLC |  |  |  |
| 961574 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.58% | 12/31/2031 | 838074 |
|  | Michaels Cos., Inc. |  |  |  |
| 432883 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.51%, 0.75% Floor) | 8.81% | 04/17/2028 | 363892 |
|  | Mister Car Wash Holdings, Inc. |  |  |  |
| 202893 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 03/27/2031 | 203527 |
|  | Mitchell International, Inc. |  |  |  |
| 849410 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.58% | 06/17/2031 | 849690 |
| 165000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor) | 9.58% | 06/17/2032 | 162979 |
|  | MITER Brands Acquisition Holdco, Inc. |  |  |  |
| 651704 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 03/28/2031 | 653927 |
|  | Motion Finco Sarl |  |  |  |
| 522338 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 11/30/2029 | 498509 |
|  | MX Holdings US, Inc. |  |  |  |
| 250000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 03/17/2032 | 251406 |
|  | Natgasoline LLC |  |  |  |
| 293156 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.50%, 0.00% Floor) | 9.83% | 03/29/2030 | 292057 |
|  | NEP Group, Inc. |  |  |  |
| 32208 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor) | 7.84% | 08/19/2026 | 29763 |
| 848177 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor) | 7.84% | 08/19/2026 | 783770 |
|  | Newfold Digital Holdings Group, Inc. |  |  |  |
| 345672 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.93%, 0.75% Floor) | 7.93% | 02/10/2028 | 187095 |
|  | OneDigital Borrower LLC |  |  |  |
| 975686 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 07/02/2031 | 975384 |
| 166276 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.50% Floor) | 9.58% | 07/02/2032 | 166899 |
|  | Ontario Gaming GTA LP |  |  |  |
| 623088 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 08/01/2030 | 617929 |
|  | Opal US LLC |  |  |  |
| 1365000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.44% | 04/23/2032 | 1372255 |
|  | Ovg Business Services LLC |  |  |  |
| 729661 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 06/25/2031 | 726925 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Par Petroleum LLC |  |  |  |
| 268817 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.01% | 02/28/2030 | 266971 |
|  | Peraton Corp. |  |  |  |
| 744301 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor) | 8.18% | 02/01/2028 | 659172 |
|  | PetSmart LLC |  |  |  |
| 848742 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor) | 8.18% | 02/14/2028 | 841846 |
|  | Polaris Newco LLC |  |  |  |
| 892393 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.86%, 0.50% Floor) | 8.29% | 06/05/2028 | 870886 |
|  | Pregis TopCo LLC |  |  |  |
| 814827 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.33% | 02/01/2029 | 818188 |
|  | Pretium PKG Holdings, Inc. |  |  |  |
| 10092 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor) | 9.29% | 10/02/2028 | 10097 |
| 302386 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor) | 9.29% | 10/02/2028 | 302548 |
| 275000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.01%, 0.50% Floor) | 11.31% | 10/01/2029 | 47713 |
|  | Pretzel Parent T/L B |  |  |  |
| 159600 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.00% Floor) | 8.83% | 10/01/2031 | 158682 |
|  | Prime Security Services Borrower LLC |  |  |  |
| 832913 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 1.75%) | 6.07% | 03/08/2032 | 827274 |
|  | Proofpoint, Inc. |  |  |  |
| 74811 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%) | 7.33% | 08/31/2028 | 74945 |
|  | Quikrete Holdings, Inc. |  |  |  |
| 638579 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 03/19/2029 | 639164 |
| 172819 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 04/14/2031 | 172711 |
| 842888 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 02/10/2032 | 842782 |
|  | QXO Building Products, Inc. |  |  |  |
| 162444 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.28% | 04/30/2032 | 163756 |
|  | Radiology Partners, Inc. |  |  |  |
| 955000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 4.50%) | 8.82% | 06/30/2032 | 948434 |
|  | RealPage, Inc. |  |  |  |
| 462597 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.11%, 0.50% Floor) | 7.56% | 04/24/2028 | 459939 |
| 339150 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 04/24/2028 | 340115 |
|  | Sabre GLBL, Inc. |  |  |  |
| 226062 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor) | 7.94% | 12/17/2027 | 222994 |
| 253300 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor) | 7.94% | 12/17/2027 | 249861 |
| 377148 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.00%) | 10.43% | 11/15/2029 | 377148 |
| 163501 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.10%, 0.00% Floor) | 10.43% | 11/15/2029 | 155939 |
|  | Savor Acquisition, Inc. |  |  |  |
| 639655 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 02/19/2032 | 644302 |
|  | Sazerac Co., Inc. |  |  |  |
| 260000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 2.50%) | 6.82% | 06/25/2032 | 260325 |
|  | Sedgwick Claims Management Services, Inc. |  |  |  |
| 1116563 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 07/31/2031 | 1121838 |
|  | Signia Aerospace LLC |  |  |  |
| 513789 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% | 12/11/2031 | 517000 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 627965 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% | 12/11/2031 | 631889 |
|  | Six Flags Entertainment Corp. |  |  |  |
| 496085 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 05/01/2031 | 497139 |
|  | Solenis Holdings Ltd. |  |  |  |
| 1325004 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% | 06/23/2031 | 1312059 |
|  | Sotera Health Holdings LLC |  |  |  |
| 1399425 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.55% | 05/30/2031 | 1407304 |
|  | Spin Holdco, Inc. |  |  |  |
| 194915 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.26%, 0.75% Floor) | 8.58% | 03/06/2028 | 171769 |
|  | Staples, Inc. |  |  |  |
| 377150 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.50% Floor) | 10.03% | 09/10/2029 | 348998 |
|  | Starwood Property Mortgage LLC |  |  |  |
| 372327 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 01/02/2030 | 373958 |
|  | StubHub Holdco Sub LLC |  |  |  |
| 1032878 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor) | 9.08% | 03/15/2030 | 1005331 |
|  | SWF Holdings I Corp. |  |  |  |
| 294260 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 1.00% Floor) | 8.44% | 10/06/2028 | 226948 |
|  | Team Health Holdings, Inc. |  |  |  |
| 499756 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.25%, 1.00% Floor) | 9.53% | 03/02/2027 | 498037 |
|  | Tecta America Corp. |  |  |  |
| 830000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 02/18/2032 | 832855 |
|  | Tiger Acquisition LLC |  |  |  |
| 816814 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 06/01/2028 | 819653 |
|  | Townsquare Media, Inc. |  |  |  |
| 233531 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor) | 9.32% | 02/19/2030 | 211346 |
|  | Trans Union LLC |  |  |  |
| 420750 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 06/24/2031 | 421756 |
|  | TransDigm, Inc. |  |  |  |
| 932950 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.80% | 01/20/2032 | 935408 |
|  | Travelport Finance Luxembourg Sarl |  |  |  |
| 154262 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor) | 11.30% | 09/29/2028 | 119891 |
| 96807 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor) | 11.30% | 09/29/2028 | 75238 |
|  | TricorBraun Holdings, Inc. |  |  |  |
| 496202 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.36%, 0.50% Floor) | 7.69% | 03/03/2028 | 496246 |
|  | Trident TPI Holdings, Inc. |  |  |  |
| 992232 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 09/18/2028 | 976237 |
|  | Trucordia Insurance Holdings LLC |  |  |  |
| 745000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%) | 7.56% | 06/17/2032 | 747328 |
|  | UFC Holdings LLC |  |  |  |
| 671625 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 11/21/2031 | 674896 |
|  | United Natural Foods, Inc. |  |  |  |
| 358050 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor) | 9.08% | 05/01/2031 | 361630 |
|  | United Talent Agency LLC |  |  |  |
| 341550 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.81% | 06/10/2032 | 342831 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Univision Communications, Inc. |  |  |  |
| 740755 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 06/25/2029 | 739522 |
|  | Upbound Group, Inc. |  |  |  |
| 655113 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/17/2028 | 658389 |
|  | Vantage Specialty Chemicals, Inc. |  |  |  |
| 894204 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.50% Floor) | 9.03% | 10/26/2026 | 868012 |
|  | Veritiv Operating Co. |  |  |  |
| 318496 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.30% | 11/30/2030 | 320009 |
|  | Vestis Corp. |  |  |  |
| 636719 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 02/24/2031 | 612842 |
|  | Victra Holdings LLC |  |  |  |
| 566372 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.75% Floor) | 8.55% | 03/29/2029 | 567258 |
|  | Virgin Media Bristol LLC |  |  |  |
| 783482 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.28%, 0.00% Floor) | 7.37% | 03/31/2031 | 774534 |
|  | Voyager Parent LLC |  |  |  |
| 1715000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 4.75%) | 9.07% | 05/10/2032 | 1699754 |
|  | VT Topco, Inc. |  |  |  |
| 473826 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% | 08/09/2030 | 475397 |
|  | Wand NewCo 3, Inc. |  |  |  |
| 428302 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 01/30/2031 | 426884 |
|  | WaterBridge Midstream Operating LLC |  |  |  |
| 775789 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.01%, 0.00% Floor) | 9.31% | 06/27/2029 | 773710 |
|  | WaterBridge NDB Operating LLC |  |  |  |
| 456550 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.30% | 05/10/2029 | 457121 |
|  | WestJet Loyalty LP |  |  |  |
| 408644 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.55% | 02/14/2031 | 409205 |
|  | Whatabrands LLC |  |  |  |
| 1675789 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%) | 6.83% | 08/03/2028 | 1678404 |
|  | White Cap Supply Holdings LLC |  |  |  |
| 806174 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 10/31/2029 | 803002 |
|  | WhiteWater Matterhorn Holdings LLC |  |  |  |
| 185000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 06/16/2032 | 185155 |
|  | WR Grace Holdings LLC |  |  |  |
| 473773 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.55% | 09/22/2028 | 475056 |
|  | Zayo Group Holdings, Inc. |  |  |  |
| 377145 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor) | 7.44% | 03/09/2027 | 359719 |
| 407892 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%) | 8.58% | 03/09/2027 | 392808 |
|  | Zelis Payments Buyer, Inc. |  |  |  |
| 825850 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 11/26/2031 | 822580 |
|  | Ziggo Financing Partnership |  |  |  |
| 370000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.00% Floor) | 6.93% | 04/28/2028 | 362306 |
|  | **Total Bank Loans (Cost $159,319,859)** |  |  | **157314958** |
| **COLLATERALIZED LOAN OBLIGATIONS - 2.8%** | **COLLATERALIZED LOAN OBLIGATIONS - 2.8%** | **COLLATERALIZED LOAN OBLIGATIONS - 2.8%** |  |  |
|  | Anchorage Capital CLO Ltd. |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2021-19A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor) | 5.73 %<sup>(a)</sup> | 10/15/2034 | 5008745 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Anthelion Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2025-1A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor) | 0.00 %<sup>(a)</sup> | 07/20/2036 | 997500 |
|  | Babson CLO Ltd./Cayman Islands |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2018-1A-C (3 mo. Term SOFR + 2.86%, 0.00% Floor) | 7.12 %<sup>(a)</sup> | 04/15/2031 | 1993319 |
|  | Bain Capital Credit CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2024-4A-D1 (3 mo. Term SOFR + 3.10%, 3.10% Floor) | 7.38 %<sup>(a)</sup> | 10/23/2037 | 502017 |
| 5000000 | &nbsp;&nbsp;Series 2024-6A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.65 %<sup>(a)</sup> | 01/21/2038 | 5016215 |
|  | Battalion CLO Ltd. |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2022-23A-A1R (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.68 %<sup>(a)</sup> | 10/15/2037 | 3013730 |
|  | Birch Grove CLO |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2023-5A-A1R (3 mo. Term SOFR + 1.41%, 1.41% Floor) | 5.68 %<sup>(a)</sup> | 10/20/2037 | 10044914 |
|  | BlueMountain CLO Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2016-3A-DR (3 mo. Term SOFR + 3.36%, 3.10% Floor) | 7.69 %<sup>(a)</sup> | 11/15/2030 | 1968231 |
| 2400000 | &nbsp;&nbsp;Series 2017-2A-C (3 mo. Term SOFR + 3.26%, 0.00% Floor) | 7.53 %<sup>(a)</sup> | 10/20/2030 | 2377409 |
| 2500000 | &nbsp;&nbsp;Series 2018-23A-D1R (3 mo. Term SOFR + 3.85%, 3.85% Floor) | 8.12 %<sup>(a)</sup> | 07/20/2037 | 2527117 |
|  | Canyon Capital CLO Ltd. |  |  |  |
| 2500000 | &nbsp;&nbsp;Series 2012-1RA-D (3 mo. Term SOFR + 3.26%, 0.00% Floor) | 7.52 %<sup>(a)</sup> | 07/15/2030 | 2508656 |
| 2750000 | &nbsp;&nbsp;Series 2014-1A-CR (3 mo. Term SOFR + 3.01%, 2.75% Floor) | 7.29 %<sup>(a)</sup> | 01/30/2031 | 2758585 |
|  | Canyon CLO |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2021-3A-D (3 mo. Term SOFR + 3.31%, 3.05% Floor) | 7.57 %<sup>(a)</sup> | 07/15/2034 | 1011010 |
|  | Carlyle Global Market Strategies |  |  |  |
| 9000000 | &nbsp;&nbsp;Series 2021-9A-D (3 mo. Term SOFR + 3.46%, 3.20% Floor) | 7.73 %<sup>(a)</sup> | 10/20/2034 | 9058110 |
| 1000000 | &nbsp;&nbsp;Series 2022-5A-D1R (3 mo. Term SOFR + 3.15%, 3.15% Floor) | 7.41 %<sup>(a)</sup> | 10/15/2037 | 1005676 |
|  | Cathedral Lake CLO Ltd. |  |  |  |
| 6000000 | &nbsp;&nbsp;Series 2021-8A-C (3 mo. Term SOFR + 2.88%, 2.62% Floor) | 7.15 %<sup>(a)</sup> | 01/20/2035 | 6028440 |
| 5000000 | &nbsp;&nbsp;Series 2021-8A-D1 (3 mo. Term SOFR + 3.68%, 3.42% Floor) | 7.95 %<sup>(a)</sup> | 01/20/2035 | 5057704 |
|  | Cent CLO |  |  |  |
| 9500000 | &nbsp;&nbsp;Series 2018-27A-DR (3 mo. Term SOFR + 4.09%, 3.83% Floor) | 8.37 %<sup>(a)</sup> | 01/25/2035 | 9520661 |
|  | Dryden Senior Loan Fund |  |  |  |
| 2200000 | &nbsp;&nbsp;Series 2016-43A-DR3 (3 mo. Term SOFR + 3.51%, 3.25% Floor) | 7.78 %<sup>(a)</sup> | 04/20/2034 | 2217926 |
|  | Generate CLO Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2023-13A-A1 (3 mo. Term SOFR + 1.80%, 1.80% Floor) | 6.07 %<sup>(a)</sup> | 01/20/2037 | 2009709 |
|  | ING Investment Management CLO Ltd. |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2014-1A-CR2 (3 mo. Term SOFR + 3.06%, 0.00% Floor) | 7.33 %<sup>(a)</sup> | 04/18/2031 | 3034547 |
|  | Katayma CLO Ltd. |  |  |  |
| 2190000 | &nbsp;&nbsp;Series 2023-1A-A1 (3 mo. Term SOFR + 2.00%, 2.00% Floor) | 6.27 %<sup>(a)</sup> | 10/20/2036 | 2203154 |
|  | LCM LP |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 25A-D (3 mo. Term SOFR + 3.71%, 0.00% Floor) | 7.98 %<sup>(a)</sup> | 07/20/2030 | 2010079 |
| 3250000 | &nbsp;&nbsp;Series 28A-D (3 mo. Term SOFR + 3.21%, 2.95% Floor) | 7.48 %<sup>(a)</sup> | 10/20/2030 | 3083390 |
| 4000000 | &nbsp;&nbsp;Series 30A-DR (3 mo. Term SOFR + 3.26%, 3.00% Floor) | 7.53 %<sup>(a)</sup> | 04/20/2031 | 3814620 |
|  | LCM XIII LP |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 14A-DR (3 mo. Term SOFR + 3.01%, 0.00% Floor) | 7.28 %<sup>(a)</sup> | 07/20/2031 | 3988221 |
|  | Madison Park Funding Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2023-63A-A1R (3 mo. Term SOFR + 1.40%, 1.40% Floor) | 5.72 %<sup>(a)</sup> | 07/21/2038 | 1004546 |
|  | Magnetite CLO Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2019-23A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor) | 7.59 %<sup>(a)</sup> | 01/25/2035 | 2013430 |
|  | Marble Point CLO |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2022-2A-BR (3 mo. Term SOFR + 2.85%, 2.85% Floor) | 7.12 %<sup>(a)</sup> | 10/20/2036 | 1512373 |
|  | Menlo CLO Ltd. |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2024-1A-A1 (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.69 %<sup>(a)</sup> | 01/20/2038 | 3011359 |
|  | Octagon Investment Partners Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2013-1A-DR (3 mo. Term SOFR + 3.26%, 3.00% Floor) | 7.54 %<sup>(a)</sup> | 07/17/2030 | 2006816 |
| 10000000 | &nbsp;&nbsp;Series 2016-1A-DR (3 mo. Term SOFR + 3.21%, 0.00% Floor) | 7.47 %<sup>(a)</sup> | 07/15/2030 | 10109897 |
| 3500000 | &nbsp;&nbsp;Series 2019-1A-DR (3 mo. Term SOFR + 3.61%, 3.35% Floor) | 7.88 %<sup>(a)</sup> | 01/20/2035 | 3423950 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Octagon Investment Partners XXII LLC |  |  |  |
| 2500000 | &nbsp;&nbsp;Series 2014-1A-ERR (3 mo. Term SOFR + 5.71%, 5.71% Floor) | 9.98 %<sup>(a)</sup> | 01/22/2030 | 2429380 |
|  | OFSI Fund Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2022-11A-BR (3 mo. Term SOFR + 2.80%, 2.80% Floor) | 7.07 %<sup>(a)</sup> | 10/18/2035 | 1008218 |
|  | Park Blue CLO Ltd. |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2022-1A-A1R (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.69 %<sup>(a)</sup> | 10/20/2037 | 5026284 |
|  | Sound Point CLO Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2018-2A-C (3 mo. Term SOFR + 2.21%, 0.00% Floor) | 6.49 %<sup>(a)</sup> | 07/26/2031 | 1002699 |
| 7000000 | &nbsp;&nbsp;Series 2019-2A-DR (3 mo. Term SOFR + 3.56%, 3.30% Floor) | 7.82 %<sup>(a)</sup> | 07/15/2034 | 6798941 |
| 7000000 | &nbsp;&nbsp;Series 2019-3A-DR (3 mo. Term SOFR + 3.76%, 3.76% Floor) | 8.04 %<sup>(a)</sup> | 10/25/2034 | 6862339 |
| 2000000 | &nbsp;&nbsp;Series 2020-1A-DR (3 mo. Term SOFR + 3.61%, 3.61% Floor) | 7.88 %<sup>(a)</sup> | 07/20/2034 | 2005965 |
| 4000000 | &nbsp;&nbsp;Series 2020-3A-D (3 mo. Term SOFR + 3.91%, 3.65% Floor) | 8.19 %<sup>(a)</sup> | 01/25/2032 | 4006411 |
| 1250000 | &nbsp;&nbsp;Series 2021-3A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor) | 7.79 %<sup>(a)</sup> | 10/25/2034 | 1213399 |
| 1000000 | &nbsp;&nbsp;Series 2021-4A-D (3 mo. Term SOFR + 3.66%, 3.66% Floor) | 7.94 %<sup>(a)</sup> | 10/25/2034 | 971025 |
|  | Storm King Park CLO Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2022-1A-AR (3 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.62 %<sup>(a)</sup> | 10/15/2037 | 1004112 |
|  | Symphony CLO Ltd. |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2015-16A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor) | 7.57 %<sup>(a)</sup> | 10/15/2031 | 2986009 |
|  | Trestles LLC |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2025-8A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.63 %<sup>(a)</sup> | 06/11/2035 | 10008437 |
|  | Trimaran CAVU LLC |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2021-3A-D (3 mo. Term SOFR + 4.04%, 3.78% Floor) | 8.31 %<sup>(a)</sup> | 01/18/2035 | 4987174 |
|  | Upland CLO |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2016-1A-CR (3 mo. Term SOFR + 3.16%, 0.00% Floor) | 7.43 %<sup>(a)</sup> | 04/20/2031 | 997989 |
|  | Voya CLO Ltd. |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 2018-2A-D (3 mo. Term SOFR + 3.01%, 2.75% Floor) | 7.27 %<sup>(a)</sup> | 07/15/2031 | 4017230 |
|  | Wind River CLO Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2014-2A-ER (3 mo. Term SOFR + 6.01%, 5.75% Floor) | 10.27 %<sup>(a)</sup> | 01/15/2031 | 910044 |
| 3000000 | &nbsp;&nbsp;Series 2014-3A-DR2 (3 mo. Term SOFR + 3.66%, 3.40% Floor) | 7.93 %<sup>(a)</sup> | 10/22/2031 | 3046867 |
| 3000000 | &nbsp;&nbsp;Series 2017-1A-DR (3 mo. Term SOFR + 3.98%, 3.72% Floor) | 8.25 %<sup>(a)</sup> | 04/18/2036 | 3008688 |
| 4000000 | &nbsp;&nbsp;Series 2018-1A-D (3 mo. Term SOFR + 3.16%, 0.00% Floor) | 7.42 %<sup>(a)</sup> | 07/15/2030 | 4013646 |
| 2000000 | &nbsp;&nbsp;Series 2021-1A-D1R (3 mo. Term SOFR + 3.95%, 3.95% Floor) | 8.22 %<sup>(a)</sup> | 07/20/2037 | 1992482 |
|  | **Total Collateralized Loan Obligations (Cost $184,176,644)** |  |  | **184139395** |
| **FOREIGN CORPORATE BONDS - 5.1%** | **FOREIGN CORPORATE BONDS - 5.1%** | **FOREIGN CORPORATE BONDS - 5.1%** |  |  |
| 2306607 | Acu Petroleo Luxembourg Sarl | 7.50% | 01/13/2032 | 2305476 |
| 1900000 | Adani Electricity Mumbai Ltd. | 3.95% | 02/12/2030 | 1704058 |
| 1300000 | Adani Electricity Mumbai Ltd. | 3.87% | 07/22/2031 | 1116178 |
| 2720000 | Adani International Container Terminal Pvt Ltd. | 3.00% | 02/16/2031 | 2397062 |
| 1200000 | Adani International Container Terminal Pvt Ltd. | 3.00 %<sup>(a)</sup> | 02/16/2031 | 1057527 |
| 700000 | Adani Ports & Special Economic Zone Ltd. | 4.20% | 08/04/2027 | 674823 |
| 1800000 | Adani Ports & Special Economic Zone Ltd. | 4.38% | 07/03/2029 | 1701927 |
| 1200000 | Adani Ports & Special Economic Zone Ltd. | 3.10% | 02/02/2031 | 1016301 |
| 1252500 | Adani Renewable Energy RJ Ltd./Kodangal Solar Parks Pvt Ltd./Wardha Solar Maharash | 4.63% | 10/15/2039 | 1010337 |
| 1800000 | Adani Transmission Step-One Ltd. | 4.00% | 08/03/2026 | 1781530 |
| 2008550 | Adani Transmission Step-One Ltd. | 4.25% | 05/21/2036 | 1711462 |
| 3270000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 5.10% | 01/19/2029 | 3329640 |
| 4598000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust<br> (5 yr. CMT Rate + 2.72%) | 6.95% | 03/10/2055 | 4780885 |
| 2600000 | AES Espana BV | 5.70 %<sup>(a)</sup> | 05/04/2028 | 2495402 |
| 1000000 | Agrosuper SA | 4.60% | 01/20/2032 | 934222 |
| 812497 | AL Candelaria Spain SA | 7.50% | 12/15/2028 | 811581 |
| 3200000 | AL Candelaria Spain SA | 5.75 %<sup>(a)</sup> | 06/15/2033 | 2717920 |
| 1650000 | AL Candelaria Spain SA | 5.75% | 06/15/2033 | 1401427 |
| 800000 | Altice Financing SA | 5.00 %<sup>(a)</sup> | 01/15/2028 | 602587 |
| 1660000 | Altice France SA | 5.50 %<sup>(a)</sup> | 10/15/2029 | 1377800 |
| 2400000 | AngloGold Ashanti Holdings PLC | 3.38% | 11/01/2028 | 2292130 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2584000 | ArcelorMittal SA | 6.00% | 06/17/2034 | 2710284 |
| 1305000 | Ardonagh Finco Ltd. | 7.75 %<sup>(a)</sup> | 02/15/2031 | 1365342 |
| 1500000 | Aris Mining Corp. | 8.00 %<sup>(a)</sup> | 10/31/2029 | 1531627 |
| 3750000 | Ashtead Capital, Inc. | 5.55 %<sup>(a)</sup> | 05/30/2033 | 3789251 |
| 4164000 | Aspen Insurance Holdings Ltd. | 5.75% | 07/01/2030 | 4234762 |
| 4349000 | Avolon Holdings Funding Ltd. | 5.75 %<sup>(a)</sup> | 03/01/2029 | 4469354 |
| 5211000 | Avolon Holdings Funding Ltd. | 5.75 %<sup>(a)</sup> | 11/15/2029 | 5367116 |
| 500000 | Banco Continental SAECA | 2.75% | 12/10/2025 | 495608 |
| 1400000 | Banco Davivienda SA<br> (10 yr. CMT Rate + 5.10%) | 6.65 %<sup>(a)(g)</sup> | 04/22/2031 | 1247271 |
| 400000 | Banco Davivienda SA<br> (5 yr. CMT Rate + 4.59%) | 8.13 %<sup>(a)</sup> | 07/02/2035 | 402320 |
| 2000000 | Banco de Bogota SA | 6.25% | 05/12/2026 | 2007560 |
| 500000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 3.00%) | 3.13 %<sup>(a)</sup> | 07/01/2030 | 500000 |
| 3240000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 3.00%) | 3.13% | 07/01/2030 | 3240000 |
| 3550000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 2.45%) | 3.25% | 09/30/2031 | 3445319 |
| 600000 | Banco do Estado do Rio Grande do Sul SA<br> (5 yr. CMT Rate + 4.93%) | 5.38% | 01/28/2031 | 596438 |
| 200000 | Banco GNB Sudameris SA<br> (5 yr. CMT Rate + 6.66%) | 7.50% | 04/16/2031 | 197462 |
| 2937000 | Banco Industrial SA/Guatemala<br> (5 yr. CMT Rate + 4.44%) | 4.88% | 01/29/2031 | 2924518 |
| 5777000 | Banco Internacional del Peru SAA Interbank<br> (5 yr. CMT Rate + 3.71%) | 4.00% | 07/08/2030 | 5759882 |
| 1400000 | Banco Internacional del Peru SAA Interbank<br> (5 yr. CMT Rate + 2.07%) | 6.40 %<sup>(a)</sup> | 04/30/2035 | 1429610 |
| 2200000 | Banco Mercantil del Norte SA/Grand Cayman<br> (10 yr. CMT Rate + 5.35%) | 7.63 %<sup>(g)</sup> | 01/10/2028 | 2193833 |
| 200000 | Banco Mercantil del Norte SA/Grand Cayman<br> (10 yr. CMT Rate + 5.47%) | 7.50 %<sup>(a)(g)</sup> | 06/27/2029 | 198108 |
| 1800000 | Banco Mercantil del Norte SA/Grand Cayman<br> (5 yr. CMT Rate + 4.07%) | 8.38 %<sup>(a)(g)</sup> | 05/20/2031 | 1825434 |
| 4780000 | BAT Capital Corp. | 5.63% | 08/15/2035 | 4866039 |
| 4331000 | BAT Capital Corp. | 4.54% | 08/15/2047 | 3501616 |
| 1200000 | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX<br> (5 yr. CMT Rate + 4.31%) | 5.88% | 09/13/2034 | 1180032 |
| 2400000 | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX<br> (5 yr. CMT Rate + 4.21%) | 8.13% | 01/08/2039 | 2482366 |
| 2894000 | Bell Telephone Co. of Canada or Bell Canada<br> (5 yr. CMT Rate + 2.39%) | 6.88% | 09/15/2055 | 2973624 |
| 1200000 | Belron UK Finance PLC | 5.75 %<sup>(a)</sup> | 10/15/2029 | 1210882 |
| 5384000 | BPCE SA<br> (SOFR + 2.04%) | 6.29 %<sup>(a)</sup> | 01/14/2036 | 5656797 |
| 400000 | BPRL International Singapore Pte Ltd. | 4.38% | 01/18/2027 | 398391 |
| 1400000 | Braskem Idesa SAPI | 6.99% | 02/20/2032 | 972970 |
| 1000000 | Braskem Netherlands Finance BV | 4.50% | 01/31/2030 | 775759 |
| 5023000 | Brookfield Finance, Inc. | 5.81% | 03/03/2055 | 4915701 |
| 1400000 | Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy | 7.88 %<sup>(a)</sup> | 02/15/2039 | 1443464 |
| 4485000 | CaixaBank SA<br> (SOFR + 2.26%) | 6.04 %<sup>(a)</sup> | 06/15/2035 | 4695073 |
| 2800000 | Canacol Energy Ltd. | 5.75% | 11/24/2028 | 968979 |
| 4895000 | Canadian Imperial Bank of Commerce<br> (SOFR + 1.11%) | 5.25% | 01/13/2031 | 5015950 |
| 2100000 | CAP SA | 3.90 %<sup>(a)</sup> | 04/27/2031 | 1689243 |
| 3500000 | CAP SA | 3.90% | 04/27/2031 | 2815405 |
| 5151000 | CCL Industries, Inc. | 3.05 %<sup>(a)</sup> | 06/01/2030 | 4781080 |
| 800000 | Cemex SAB de CV<br> (5 yr. CMT Rate + 4.53%) | 5.13 %<sup>(g)</sup> | 06/08/2026 | 787364 |
| 500000 | Cemex SAB de CV<br> (5 yr. CMT Rate + 3.52%) | 7.20 %<sup>(a)(g)</sup> | 06/10/2030 | 505750 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 400000 | Cencosud SA | 4.38% | 07/17/2027 | 397108 |
| 4870841 | Chile Electricity PEC SpA | 0.00 %<sup>(a)</sup> | 01/25/2028 | 4306067 |
| 1200000 | Cia de Minas Buenaventura SAA | 5.50% | 07/23/2026 | 1200216 |
| 379000 | Cometa Energia SAB de CV | 6.38% | 04/24/2035 | 390875 |
| 3731000 | Cosan Overseas Ltd. | 8.25 %<sup>(g)</sup> | 08/05/2025 | 3767862 |
| 4833000 | Credit Agricole SA<br> (SOFR + 1.74%) | 5.86 %<sup>(a)</sup> | 01/09/2036 | 5012375 |
| 2200000 | CSN Resources SA | 5.88% | 04/08/2032 | 1811126 |
| 4400000 | DBS Group Holdings Ltd.<br> (5 yr. CMT Rate + 1.10%) | 1.82% | 03/10/2031 | 4318443 |
| 3810000 | Diageo Investment Corp. | 5.13% | 08/15/2030 | 3926439 |
| 1782268 | Digicel Group Holdings Ltd. | 0.00 %<sup>(a)(b)</sup> | 12/31/2030 | 11104 |
| 618361 | Digicel Group Holdings Ltd. | 0.00 %<sup>(a)(b)</sup> | 12/31/2030 | 27038 |
| 4604000 | Element Fleet Management Corp. | 6.32 %<sup>(a)</sup> | 12/04/2028 | 4857831 |
| 4720000 | Element Fleet Management Corp. | 5.04 %<sup>(a)</sup> | 03/25/2030 | 4763631 |
| 1117080 | Empresa Electrica Cochrane SpA | 5.50% | 05/14/2027 | 1105239 |
| 1977000 | Enel Finance International NV | 5.13 %<sup>(a)</sup> | 06/26/2029 | 2014495 |
| 1700000 | Energuate Trust | 5.88% | 05/03/2027 | 1692112 |
| 348674 | Fermaca Enterprises S de RL de CV | 6.38% | 03/30/2038 | 341364 |
| 724050 | Fideicomiso PA Pacifico Tres | 8.25% | 01/15/2035 | 732014 |
| 1031000 | Frigorifico Concepcion SA | 7.70% | 07/21/2028 | 801940 |
| 1678156 | Galaxy Pipeline Assets Bidco Ltd. | 2.94% | 09/30/2040 | 1378049 |
| 1295000 | Garda World Security Corp. | 4.63 %<sup>(a)</sup> | 02/15/2027 | 1287840 |
| 1125000 | Garda World Security Corp. | 8.25 %<sup>(a)</sup> | 08/01/2032 | 1155446 |
| 1100000 | GCC SAB de CV | 3.61% | 04/20/2032 | 973068 |
| 1290000 | GGAM Finance Ltd. | 6.88 %<sup>(a)</sup> | 04/15/2029 | 1336863 |
| 8234000 | Glencore Funding LLC | 5.37 %<sup>(a)</sup> | 04/04/2029 | 8445205 |
| 2075000 | Global Aircraft Leasing Co. Ltd. | 8.75 %<sup>(a)</sup> | 09/01/2027 | 2129699 |
| 635520 | GNL Quintero SA | 4.63% | 07/31/2029 | 630554 |
| 2100000 | Gold Fields Orogen Holdings BVI Ltd. | 6.13% | 05/15/2029 | 2185280 |
| 700000 | Gran Tierra Energy, Inc. | 9.50 %<sup>(a)</sup> | 10/15/2029 | 533270 |
| 1460000 | Grifols SA | 4.75 %<sup>(a)</sup> | 10/15/2028 | 1404450 |
| 1152435 | Guara Norte Sarl | 5.20% | 06/15/2034 | 1093020 |
| 1870000 | Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC | 9.00 %<sup>(a)</sup> | 02/15/2029 | 1957512 |
| 570000 | INEOS Finance PLC | 7.50 %<sup>(a)</sup> | 04/15/2029 | 571894 |
| 2700000 | InRetail Consumer | 3.25% | 03/22/2028 | 2562978 |
| 2400000 | InRetail Shopping Malls | 5.75% | 04/03/2028 | 2400336 |
| 900000 | Intercorp Financial Services, Inc. | 4.13% | 10/19/2027 | 875329 |
| 200000 | Intercorp Peru Ltd. | 3.88% | 08/15/2029 | 188381 |
| 133163 | Interoceanica IV Finance Ltd.<br> Series 2007 | 0.00 %<sup>(b)</sup> | 11/30/2025 | 129334 |
| 1192690 | Invepar Holdings | 0.00 %<sup>(b)(f)</sup> | 12/30/2028 |  |
| 400000 | Itau Unibanco Holding SA/Cayman Island<br> (5 yr. CMT Rate + 3.45%) | 3.88% | 04/15/2031 | 395787 |
| 3822000 | JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl | 3.75% | 12/01/2031 | 3564197 |
| 923000 | JSW Hydro Energy Ltd. | 4.13 %<sup>(a)</sup> | 05/18/2031 | 850373 |
| 2556000 | JSW Hydro Energy Ltd. | 4.13% | 05/18/2031 | 2354878 |
| 2600000 | JSW Infrastructure Ltd. | 4.95% | 01/21/2029 | 2549556 |
| 600000 | KUO SAB De CV | 5.75% | 07/07/2027 | 591581 |
| 1824336 | Lima Metro Line 2 Finance Ltd. | 4.35% | 04/05/2036 | 1717430 |
| 5817000 | Lloyds Banking Group PLC<br> (1 yr. CMT Rate + 1.60%) | 6.07% | 06/13/2036 | 5982967 |
| 2512000 | Macquarie Airfinance Holdings Ltd. | 5.20 %<sup>(a)</sup> | 03/27/2028 | 2541762 |
| 2330000 | Macquarie Airfinance Holdings Ltd. | 6.40 %<sup>(a)</sup> | 03/26/2029 | 2434195 |
| 619000 | Macquarie Airfinance Holdings Ltd. | 5.15 %<sup>(a)</sup> | 03/17/2030 | 619082 |
| 492000 | Macquarie Airfinance Holdings Ltd. | 6.50 %<sup>(a)</sup> | 03/26/2031 | 521072 |
| 955000 | Mattamy Group Corp. | 4.63 %<sup>(a)</sup> | 03/01/2030 | 918635 |
| 500000 | Medco Laurel Tree Pte Ltd. | 6.95% | 11/12/2028 | 495901 |
| 2095000 | Merlin Entertainments Group US Holdings, Inc. | 7.38 %<sup>(a)</sup> | 02/15/2031 | 1873442 |
| 2550000 | Mexarrend SAPI de CV | 10.25 %<sup>(a)(f)</sup> | 07/24/2025 | 19125 |
| 1316616 | Mexico Generadora de Energia S de RL | 5.50% | 12/06/2032 | 1309374 |
| 900000 | Millicom International Cellular SA | 5.13% | 01/15/2028 | 890158 |
| 1980000 | Millicom International Cellular SA | 6.25% | 03/25/2029 | 1985714 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 400000 | Minerva Luxembourg SA | 5.88% | 01/19/2028 | 400597 |
| 800000 | Minerva Luxembourg SA | 8.88% | 09/13/2033 | 864675 |
| 1100000 | Minerva Luxembourg SA | 8.88 %<sup>(a)</sup> | 09/13/2033 | 1188928 |
| 2000000 | Minsur SA | 4.50% | 10/28/2031 | 1862100 |
| 4703000 | Mitsubishi UFJ Financial Group, Inc.<br> (1 yr. CMT Rate + 1.27%) | 5.62% | 04/24/2036 | 4837980 |
| 1931162 | Mong Duong Finance Holdings BV | 5.13% | 05/07/2029 | 1888132 |
| 1400000 | Movida Europe SA | 7.85 %<sup>(a)</sup> | 04/11/2029 | 1293474 |
| 1500000 | Movida Europe SA | 7.85% | 04/11/2029 | 1385865 |
| 5112326 | MV24 Capital BV | 6.75% | 06/01/2034 | 4962738 |
| 1660000 | National Bank of Canada | 4.50% | 10/10/2029 | 1658872 |
| 5786000 | NatWest Group PLC<br> (1 yr. CMT Rate + 1.05%) | 5.12% | 05/23/2031 | 5882767 |
| 480000 | Nissan Motor Co. Ltd. | 4.35 %<sup>(a)</sup> | 09/17/2027 | 461133 |
| 510000 | Nissan Motor Co. Ltd. | 4.81 %<sup>(a)</sup> | 09/17/2030 | 468232 |
| 800000 | ONGC Videsh Vankorneft Pte Ltd. | 3.75% | 07/27/2026 | 793022 |
| 1265000 | Ontario Gaming GTA LP/OTG Co.-Issuer, Inc. | 8.00 %<sup>(a)</sup> | 08/01/2030 | 1270083 |
| 1228000 | Orazul Energy Peru SA | 5.63% | 04/28/2027 | 1217310 |
| 500000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 1.83 %<sup>(a)</sup> | 09/10/2030 | 497485 |
| 2300000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 1.83% | 09/10/2030 | 2288432 |
| 2950000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 4.60% | 06/15/2032 | 2955908 |
| 690000 | Parkland Corp. | 4.63 %<sup>(a)</sup> | 05/01/2030 | 661266 |
| 600000 | Periama Holdings | 5.95% | 04/19/2026 | 600176 |
| 333360 | Peru LNG Srl | 5.38% | 03/22/2030 | 313739 |
| 4825713 | Prumo Participacoes e Investimentos S/A | 7.50% | 12/31/2031 | 4892245 |
| 1200000 | Raizen Fuels Finance SA | 5.70% | 01/17/2035 | 1124400 |
| 1000000 | Reliance Industries Ltd. | 3.67% | 11/30/2027 | 982153 |
| 9281000 | Renesas Electronics Corp. | 2.17 %<sup>(a)</sup> | 11/25/2026 | 8978736 |
| 2876000 | Rio Tinto Finance USA PLC | 5.75% | 03/14/2055 | 2882452 |
| 4266499 | Rutas 2 & 7 Finance Ltd. | 0.00% | 09/30/2036 | 3096092 |
| 800000 | Saavi Energia Sarl | 8.88 %<sup>(a)</sup> | 02/10/2035 | 835800 |
| 900000 | SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA | 3.75% | 08/02/2028 | 845985 |
| 400000 | Sasol Financing USA LLC | 4.38% | 09/18/2026 | 394646 |
| 200000 | Scotiabank Peru SAA<br> (1 yr. CMT Rate + 2.31%) | 6.10 %<sup>(a)</sup> | 10/01/2035 | 203400 |
| 1010000 | Seaspan Corp. | 5.50 %<sup>(a)</sup> | 08/01/2029 | 961021 |
| 2840000 | Siemens Funding BV | 5.80 %<sup>(a)</sup> | 05/28/2055 | 2924719 |
| 1100000 | Simpar Europe SA | 5.20% | 01/26/2031 | 902000 |
| 4751000 | Smurfit Kappa Treasury ULC | 5.20% | 01/15/2030 | 4848741 |
| 500000 | Telefonica Celular del Paraguay SA | 5.88% | 04/15/2027 | 498128 |
| 1241000 | TELUS Corp.<br> (5 yr. CMT Rate + 2.71%) | 7.00% | 10/15/2055 | 1252406 |
| 2168984 | Tierra Mojada Luxembourg II Sarl | 5.75% | 12/01/2040 | 2050872 |
| 1000000 | TK Elevator US Newco, Inc. | 5.25 %<sup>(a)</sup> | 07/15/2027 | 999964 |
| 500000 | Transelec SA | 3.88% | 01/12/2029 | 484532 |
| 1847000 | Triton Container International Ltd. / TAL International Container Corp. | 3.25% | 03/15/2032 | 1597161 |
| 785000 | Trivium Packaging Finance BV | 8.25 %<sup>(a)</sup> | 07/15/2030 | 830728 |
| 487000 | Ultrapar International SA | 5.25% | 10/06/2026 | 486195 |
| 62116 | Unigel Luxembourg SA<br> 13.50% Cash or 15.00% PIK | 13.50% | 12/31/2027 | 50003 |
| 44228 | Unigel Luxembourg SA<br> 13.50% Cash or 15.00% PIK | 13.50 %<sup>(a)</sup> | 12/31/2027 | 35604 |
| 215781 | Unigel Luxembourg SA<br> 11.00% Cash or 12.00% PIK | 11.00% | 12/31/2028 | 60419 |
| 50180 | Unigel Luxembourg SA<br> 11.00% Cash or 12.00% PIK | 11.00 %<sup>(a)</sup> | 12/31/2028 | 14051 |
| 262805 | Unigel Netherlands Holding Corp. BV<br> 15.00% Cash or 15.00% PIK | 15.00% | 12/31/2044 | 8541 |
| 2400000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.52%) | 1.75% | 03/16/2031 | 2352549 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2300000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.23%) | 2.00% | 10/14/2031 | 2226882 |
| 1875000 | Vale Overseas Ltd. | 6.40% | 06/28/2054 | 1844567 |
| 1305000 | Vallourec SACA | 7.50 %<sup>(a)</sup> | 04/15/2032 | 1369611 |
| 4771000 | Videotron Ltd. | 5.70 %<sup>(a)</sup> | 01/15/2035 | 4803099 |
| 450000 | Wipro IT Services LLC | 1.50% | 06/23/2026 | 436821 |
| 800000 | Yinson Bergenia Production BV | 8.50 %<sup>(a)</sup> | 01/31/2045 | 811864 |
|  | **Total Foreign Corporate Bonds (Cost $344,568,810)** | **Total Foreign Corporate Bonds (Cost $344,568,810)** |  | **336958176** |
| **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.0%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.0%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.0%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.0%** |  |
| 4100000 | Banco do Brasil SA/Cayman (10 yr. CMT Rate + 4.40%) | 8.75 %<sup>(g)</sup> | 10/15/2025 | 4141090 |
| 200000 | Banco Nacional de Comercio Exterior SNC/Cayman Islands | 5.88 %<sup>(a)</sup> | 05/07/2030 | 203122 |
| 700000 | Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%) | 2.72% | 08/11/2031 | 665031 |
| 1800000 | Bank Negara Indonesia Persero Tbk PT | 3.75% | 03/30/2026 | 1781932 |
| 2996719 | Bioceanico Sovereign Certificate Ltd. | 0.00% | 06/05/2034 | 2385388 |
| 1800000 | Chile Electricity Lux Mpc II Sarl | 5.67 %<sup>(a)</sup> | 10/20/2035 | 1814408 |
| 186000 | Chile Electricity Lux MPC Sarl | 6.01% | 01/20/2033 | 192930 |
| 10700000 | Colombia Government International Bond | 4.13% | 05/15/2051 | 6117083 |
| 400000 | Comision Federal de Electricidad | 3.35% | 02/09/2031 | 352661 |
| 1300000 | Comision Federal de Electricidad | 6.45 %<sup>(a)</sup> | 01/24/2035 | 1284780 |
| 2700000 | Corp. Nacional del Cobre de Chile | 5.13% | 02/02/2033 | 2631754 |
| 1550000 | Dominican Republic International Bond | 5.50% | 02/22/2029 | 1547055 |
| 9000000 | Ecopetrol SA | 5.88% | 11/02/2051 | 5933034 |
| 1590801 | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple | 7.25% | 01/31/2041 | 1616094 |
| 2783901 | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple | 7.25 %<sup>(a)</sup> | 01/31/2041 | 2828165 |
| 1000000 | Guatemala Government Bond | 4.50% | 05/03/2026 | 992390 |
| 800000 | Guatemala Government Bond | 4.88% | 02/13/2028 | 792348 |
| 1800000 | Guatemala Government Bond | 5.25% | 08/10/2029 | 1791000 |
| 1400000 | Guatemala Government Bond | 5.38% | 04/24/2032 | 1370502 |
| 4373062 | Lima Metro Line 2 Finance Ltd. | 5.88% | 07/05/2034 | 4438084 |
| 2800000 | Mexico Government International Bond | 4.40% | 02/12/2052 | 1971830 |
| 7000000 | Mexico Government International Bond | 6.34% | 05/04/2053 | 6440700 |
| 2600000 | Morocco Government International Bond | 2.38% | 12/15/2027 | 2461951 |
| 300000 | Morocco Government International Bond | 5.95% | 03/08/2028 | 307767 |
| 1600000 | Morocco Government International Bond | 3.00% | 12/15/2032 | 1356440 |
| 600000 | Morocco Government International Bond | 4.00% | 12/15/2050 | 409410 |
| 600000 | OCP SA | 4.50% | 10/22/2025 | 598291 |
| 3300000 | OCP SA | 6.75% | 05/02/2034 | 3425262 |
| 943000 | Paraguay Government International Bond | 4.70% | 03/27/2027 | 943519 |
| 1700000 | Pertamina Persero PT | 1.40% | 02/09/2026 | 1667712 |
| 1100000 | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 4.13% | 05/15/2027 | 1089823 |
| 600000 | Petroleos Mexicanos | 6.75% | 09/21/2047 | 434950 |
|  | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $71,235,760)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $71,235,760)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $71,235,760)** | **63986506** |
| **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 4.8%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 4.8%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 4.8%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 4.8%** |  |
|  | Arbor Multifamily Mortgage Securities Trust |  |  |  |
| 22775500 | &nbsp;&nbsp;Series 2021-MF2-XB | 0.86 %<sup>(a)(c)(h)</sup> | 06/15/2054 | 931397 |
|  | AREIT Ltd. |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 2024-CRE9-B (1 mo. Term SOFR + 2.54%, 2.54% Floor) | 6.85 %<sup>(a)</sup> | 05/17/2041 | 3973360 |
|  | AREIT Trust |  |  |  |
| 5650000 | &nbsp;&nbsp;Series 2025-CRE10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 12/17/2029 | 5598421 |
|  | Banc of America Re-Remic Trust |  |  |  |
| 2638666 | &nbsp;&nbsp;Series 2016-ISQ-C | 3.73 %<sup>(a)(c)</sup> | 08/14/2034 | 1020365 |
|  | BANK |  |  |  |
| 4016760 | &nbsp;&nbsp;Series 2017-BNK8-XA | 0.84 %<sup>(c)(h)</sup> | 11/15/2050 | 54548 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1005000 | &nbsp;&nbsp;Series 2020-BN28-AS | 2.14% | 03/15/2063 | 868278 |
| 1910000 | &nbsp;&nbsp;Series 2021-BN32-A4 | 2.35% | 04/15/2054 | 1720084 |
| 4009000 | &nbsp;&nbsp;Series 2021-BN35-A5 | 2.29% | 06/15/2064 | 3479459 |
| 3109000 | &nbsp;&nbsp;Series 2021-BN37-C | 3.21 %<sup>(c)</sup> | 11/15/2064 | 2532945 |
| 5600000 | &nbsp;&nbsp;Series 2022-BNK39-AS | 3.18% | 02/15/2055 | 4975131 |
| 2682000 | &nbsp;&nbsp;Series 2022-BNK39-E | 2.50 %<sup>(a)</sup> | 02/15/2055 | 1758819 |
| 163700000 | &nbsp;&nbsp;Series 2025-BNK50-XA | 0.35 %<sup>(c)(h)</sup> | 05/15/2068 | 4783641 |
|  | BANK5 Trust |  |  |  |
| 5608000 | &nbsp;&nbsp;Series 2024-5YR10-AS | 5.64% | 10/15/2057 | 5750904 |
| 4810000 | &nbsp;&nbsp;Series 2024-5YR6-A3 | 6.23% | 05/15/2057 | 5067777 |
| 5478000 | &nbsp;&nbsp;Series 2024-5YR9-A3 | 5.61% | 08/15/2057 | 5676382 |
| 3280000 | &nbsp;&nbsp;Series 2025-5YR15-AS | 5.76 %<sup>(c)</sup> | 06/15/2030 | 3386836 |
|  | BBCMS Trust |  |  |  |
| 4526000 | &nbsp;&nbsp;Series 2021-C12-A5 | 2.69% | 11/15/2054 | 3996575 |
| 5364000 | &nbsp;&nbsp;Series 2022-C14-A5 | 2.95 %<sup>(c)</sup> | 02/15/2055 | 4773090 |
| 5785000 | &nbsp;&nbsp;Series 2022-C16-A5 | 4.60 %<sup>(c)</sup> | 06/15/2055 | 5707941 |
| 5500000 | &nbsp;&nbsp;Series 2024-5C29-A3 | 5.21% | 09/15/2057 | 5613985 |
| 3260000 | &nbsp;&nbsp;Series 2025-5C34-A3 | 5.66% | 05/15/2058 | 3403153 |
|  | Benchmark Mortgage Trust |  |  |  |
| 4598000 | &nbsp;&nbsp;Series 2020-B18-AGNF | 4.14 %<sup>(a)</sup> | 07/15/2053 | 4546115 |
| 4549000 | &nbsp;&nbsp;Series 2020-B19-AS | 2.15% | 09/15/2053 | 3738511 |
| 88522584 | &nbsp;&nbsp;Series 2021-B28-XA | 1.37 %<sup>(c)(h)</sup> | 08/15/2054 | 4752016 |
| 5650000 | &nbsp;&nbsp;Series 2022-B32-AS | 3.53 %<sup>(c)</sup> | 01/15/2055 | 4913451 |
| 1315000 | &nbsp;&nbsp;Series 2023-B38-A2 | 5.63% | 04/15/2056 | 1346372 |
| 5600000 | &nbsp;&nbsp;Series 2024-V10-A3 | 5.28% | 09/15/2057 | 5734649 |
| 4793000 | &nbsp;&nbsp;Series 2024-V11-A3 | 5.91 %<sup>(c)</sup> | 11/15/2057 | 5028726 |
| 5000000 | &nbsp;&nbsp;Series 2024-V8-A2 | 5.71% | 07/15/2057 | 5197183 |
| 4791000 | &nbsp;&nbsp;Series 2024-V8-A3 | 6.19 %<sup>(c)</sup> | 07/15/2057 | 5057533 |
| 5443000 | &nbsp;&nbsp;Series 2024-V9-A3 | 5.60% | 08/15/2057 | 5632501 |
| 3338000 | &nbsp;&nbsp;Series 2025-V15-AS | 6.17% | 06/15/2058 | 3510886 |
|  | BMO Mortgage Trust |  |  |  |
| 653000 | &nbsp;&nbsp;Series 2024-5C3-AS | 6.29 %<sup>(c)</sup> | 02/15/2057 | 678555 |
| 5539000 | &nbsp;&nbsp;Series 2024-5C6-A3 | 5.32% | 09/15/2057 | 5674992 |
| 3729000 | &nbsp;&nbsp;Series 2024-5C7-AS | 5.89 %<sup>(c)</sup> | 11/15/2057 | 3852736 |
| 4874000 | &nbsp;&nbsp;Series 2025-5C11-AS | 5.94% | 07/15/2058 | 5078815 |
|  | BSPRT Co.-Issuer LLC |  |  |  |
| 5580000 | &nbsp;&nbsp;Series 2023-FL10-B (1 mo. Term SOFR + 3.27%, 3.27% Floor) | 7.58 %<sup>(a)</sup> | 09/15/2035 | 5609764 |
|  | BX Trust |  |  |  |
| 3740000 | &nbsp;&nbsp;Series 2019-OC11-E | 4.08 %<sup>(a)(c)</sup> | 12/09/2041 | 3436754 |
|  | CFCRE Commercial Mortgage Trust |  |  |  |
| 2047939 | &nbsp;&nbsp;Series 2016-C6-A2 | 2.95% | 11/10/2049 | 2016653 |
| 3267000 | &nbsp;&nbsp;Series 2017-C8-B | 4.20 %<sup>(c)</sup> | 06/15/2050 | 3134175 |
|  | Citigroup Commercial Mortgage Trust |  |  |  |
| 32109278 | &nbsp;&nbsp;Series 2016-P3-XA | 1.81 %<sup>(c)(h)</sup> | 04/15/2049 | 228583 |
| 38250452 | &nbsp;&nbsp;Series 2016-P4-XA | 2.04 %<sup>(c)(h)</sup> | 07/10/2049 | 401025 |
| 63890034 | &nbsp;&nbsp;Series 2016-P5-XA | 1.51 %<sup>(c)(h)</sup> | 10/10/2049 | 586638 |
| 4534000 | &nbsp;&nbsp;Series 2019-GC41-B | 3.20% | 08/10/2056 | 3979800 |
| 3980000 | &nbsp;&nbsp;Series 2020-555-F | 3.62 %<sup>(a)(c)</sup> | 12/10/2041 | 3372818 |
| 4594000 | &nbsp;&nbsp;Series 2022-GC48-A5 | 4.74 %<sup>(c)</sup> | 05/15/2054 | 4558947 |
|  | Citigroup/Deutsche Bank Commercial Mortgage Trust |  |  |  |
| 49996902 | &nbsp;&nbsp;Series 2016-C1-XA | 1.51 %<sup>(c)(h)</sup> | 05/10/2049 | 129277 |
|  | Commercial Mortgage Pass Through Certificates |  |  |  |
| 1143577 | &nbsp;&nbsp;Series 2014-CR16-B | 4.58% | 04/10/2047 | 1105193 |
| 3325000 | &nbsp;&nbsp;Series 2015-CR25-B | 4.69 %<sup>(c)</sup> | 08/10/2048 | 3309923 |
| 29904233 | &nbsp;&nbsp;Series 2015-CR26-XA | 0.99 %<sup>(c)(h)</sup> | 10/10/2048 | 673 |
| 4310000 | &nbsp;&nbsp;Series 2015-LC21-C | 4.52 %<sup>(c)</sup> | 07/10/2048 | 4163863 |
| 35113805 | &nbsp;&nbsp;Series 2016-DC2-XA | 1.05 %<sup>(c)(h)</sup> | 02/10/2049 | 49454 |
|  | Computershare Corporate Trust |  |  |  |
| 4891000 | &nbsp;&nbsp;Series 2015-C31-C | 4.79 %<sup>(c)</sup> | 11/15/2048 | 4793081 |
| 37104766 | &nbsp;&nbsp;Series 2015-P2-XA | 1.05 %<sup>(c)(h)</sup> | 12/15/2048 | 51865 |
| 55593918 | &nbsp;&nbsp;Series 2016-NXS6-XA | 1.68 %<sup>(c)(h)</sup> | 11/15/2049 | 474416 |
| 2638000 | &nbsp;&nbsp;Series 2018-C45-C | 4.73% | 06/15/2051 | 2532775 |
| 3546000 | &nbsp;&nbsp;Series 2018-C48-C | 5.30 %<sup>(c)</sup> | 01/15/2052 | 3279211 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 18903733 | &nbsp;&nbsp;Series 2019-C49-XA | 1.41 %<sup>(c)(h)</sup> | 03/15/2052 | 631897 |
| 5500000 | &nbsp;&nbsp;Series 2019-C50-C | 4.35% | 05/15/2052 | 4980348 |
| 2705000 | &nbsp;&nbsp;Series 2020-C55-B | 3.14% | 02/15/2053 | 2447887 |
| 998486 | &nbsp;&nbsp;Series 2020-C58-A3 | 1.81% | 07/15/2053 | 887184 |
| 5510000 | &nbsp;&nbsp;Series 2020-C58-B | 2.70% | 07/15/2053 | 4658808 |
| 116642175 | &nbsp;&nbsp;Series 2021-C59-XA | 1.62 %<sup>(c)(h)</sup> | 04/15/2054 | 7218483 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 6380000 | &nbsp;&nbsp;Series 2021-B33-B | 3.77 %<sup>(a)(c)</sup> | 10/10/2043 | 5644550 |
|  | CSAIL Commercial Mortgage Trust |  |  |  |
| 33804214 | &nbsp;&nbsp;Series 2016-C6-XA | 2.01 %<sup>(c)(h)</sup> | 01/15/2049 | 159742 |
| 5500000 | &nbsp;&nbsp;Series 2019-C16-B | 3.88% | 06/15/2052 | 5190899 |
| 61687171 | &nbsp;&nbsp;Series 2020-C19-XA | 1.21 %<sup>(c)(h)</sup> | 03/15/2053 | 2357295 |
|  | DOLP Trust |  |  |  |
| 4070000 | &nbsp;&nbsp;Series 2021-NYC-D | 3.70 %<sup>(a)(c)</sup> | 05/10/2041 | 3509674 |
|  | GS Mortgage Securities Corp. II |  |  |  |
| 254176 | &nbsp;&nbsp;Series 2011-GC5-XA | 0.09 %<sup>(a)(c)(h)</sup> | 08/10/2044 | 163 |
| 3031000 | &nbsp;&nbsp;Series 2014-GC26-D | 4.55 %<sup>(a)(c)</sup> | 11/10/2047 | 1765588 |
| 2635000 | &nbsp;&nbsp;Series 2015-GC32-B | 4.54 %<sup>(c)</sup> | 07/10/2048 | 2620492 |
| 73552142 | &nbsp;&nbsp;Series 2015-GS1-XA | 0.85 %<sup>(c)(h)</sup> | 11/10/2048 | 121773 |
| 1825000 | &nbsp;&nbsp;Series 2016-GS2-C | 4.85 %<sup>(c)</sup> | 05/10/2049 | 1764642 |
| 43039401 | &nbsp;&nbsp;Series 2016-GS2-XA | 1.88 %<sup>(c)(h)</sup> | 05/10/2049 | 224085 |
| 2588000 | &nbsp;&nbsp;Series 2018-RIVR-C (1 mo. Term SOFR + 1.55%, 1.50% Floor) | 5.86 %<sup>(a)</sup> | 07/15/2035 | 135843 |
| 1070000 | &nbsp;&nbsp;Series 2019-GC42-A3 | 2.75% | 09/10/2052 | 997528 |
|  | JP Morgan Chase Commercial Mortgage Securities |  |  |  |
| 43918401 | &nbsp;&nbsp;Series 2015-JP1-XA | 1.03 %<sup>(c)(h)</sup> | 01/15/2049 | 85676 |
| 7958000 | &nbsp;&nbsp;Series 2020-LOOP-E | 3.99 %<sup>(a)(c)</sup> | 12/05/2038 | 1338544 |
|  | JPMBB Commercial Mortgage Securities Trust |  |  |  |
| 8234760 | &nbsp;&nbsp;Series 2014-C25-XA | 0.61 %<sup>(c)(h)</sup> | 11/15/2047 | 100 |
| 7860000 | &nbsp;&nbsp;Series 2015-C27-D | 3.95 %<sup>(a)(c)</sup> | 02/15/2048 | 2054997 |
| 25173450 | &nbsp;&nbsp;Series 2015-C30-XA | 0.47 %<sup>(c)(h)</sup> | 07/15/2048 | 302 |
| 12477167 | &nbsp;&nbsp;Series 2015-C31-XA | 0.89 %<sup>(c)(h)</sup> | 08/15/2048 | 228 |
|  | JPMDB Commercial Mortgage Securities Trust |  |  |  |
| 7675000 | &nbsp;&nbsp;Series 2016-C2-AS | 3.48% | 06/15/2049 | 7171687 |
| 42862058 | &nbsp;&nbsp;Series 2016-C2-XA | 1.62 %<sup>(c)(h)</sup> | 06/15/2049 | 252406 |
|  | LoanCore |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2021-CRE5-C (1 mo. Term SOFR + 2.46%, 2.46% Floor) | 6.78 %<sup>(a)</sup> | 07/15/2036 | 4942220 |
| 5650000 | &nbsp;&nbsp;Series 2025-CRE8-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 08/17/2042 | 5607862 |
|  | LSTAR Commercial Mortgage Trust |  |  |  |
| 5425000 | &nbsp;&nbsp;Series 2016-4-C | 4.69 %<sup>(a)(c)</sup> | 03/10/2049 | 5262289 |
|  | MF1 Multifamily Housing Mortgage Loan Trust |  |  |  |
| 910000 | &nbsp;&nbsp;Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor) | 6.00 %<sup>(a)</sup> | 08/18/2041 | 913301 |
| 5650000 | &nbsp;&nbsp;Series 2025-FL17-A (1 mo. Term SOFR + 1.32%, 1.32% Floor) | 5.63 %<sup>(a)</sup> | 02/18/2040 | 5652311 |
|  | Morgan Stanley Bank of America Merrill Lynch Trust |  |  |  |
| 39349087 | &nbsp;&nbsp;Series 2016-C30-XA | 1.41 %<sup>(c)(h)</sup> | 09/15/2049 | 348318 |
| 6364000 | &nbsp;&nbsp;Series 2017-C33-B | 4.11% | 05/15/2050 | 6130032 |
|  | Morgan Stanley Capital I Trust |  |  |  |
| 22547312 | &nbsp;&nbsp;Series 2016-UB11-XA | 1.57 %<sup>(c)(h)</sup> | 08/15/2049 | 225412 |
|  | Natixis Commercial Mortgage Securities Trust |  |  |  |
| 2108000 | &nbsp;&nbsp;Series 2018-FL1-C (Prime Rate + 0.00%, 0.00% Floor) | 7.50 %<sup>(a)</sup> | 06/15/2035 | 1123469 |
|  | NJ Trust |  |  |  |
| 2300000 | &nbsp;&nbsp;Series 2023-GSP-A | 6.70 %<sup>(a)(c)</sup> | 01/06/2029 | 2421443 |
|  | Ready Capital Corp. |  |  |  |
| 4750000 | &nbsp;&nbsp;Series 2021-FL7-C (1 mo. Term SOFR + 2.31%, 2.20% Floor) | 6.63 %<sup>(a)</sup> | 11/25/2036 | 4764573 |
|  | SG Commercial Mortgage Securities LLC |  |  |  |
| 1789000 | &nbsp;&nbsp;Series 2016-C5-B | 3.93% | 10/10/2048 | 1717426 |
| 37438833 | &nbsp;&nbsp;Series 2016-C5-XA | 1.98 %<sup>(c)(h)</sup> | 10/10/2048 | 385538 |
|  | SLG Office Trust |  |  |  |
| 4110000 | &nbsp;&nbsp;Series 2021-OVA-E | 2.85 %<sup>(a)</sup> | 07/15/2041 | 3468608 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | UBS Commercial Mortgage Trust |  |  |  |
| 2491000 | &nbsp;&nbsp;Series 2017-C6-B | 4.15 %<sup>(c)</sup> | 12/15/2050 | 2312344 |
| 1450000 | &nbsp;&nbsp;Series 2017-C7-B | 4.29 %<sup>(c)</sup> | 12/15/2050 | 1396245 |
| 6958000 | &nbsp;&nbsp;Series 2017-C7-C | 4.73 %<sup>(c)</sup> | 12/15/2050 | 6613934 |
| 2896000 | &nbsp;&nbsp;Series 2018-C12-C | 5.19 %<sup>(c)</sup> | 08/15/2051 | 2615845 |
|  | UBS-Barclays Commercial Mortgage Trust |  |  |  |
| 1503790 | &nbsp;&nbsp;Series 2013-C5-B | 3.65 %<sup>(a)(c)</sup> | 03/10/2046 | 1438751 |
| 5800000 | &nbsp;&nbsp;Series 2013-C5-C | 3.84 %<sup>(a)(c)</sup> | 03/10/2046 | 5267385 |
|  | VEGAS Trust |  |  |  |
| 2775000 | &nbsp;&nbsp;Series 2024-TI-A | 5.52 %<sup>(a)</sup> | 11/10/2039 | 2813949 |
|  | Wachovia Bank Commercial Mortgage Trust |  |  |  |
| 5399 | &nbsp;&nbsp;Series 2006-C29-IO | 0.49 %<sup>(c)(h)</sup> | 11/15/2048 | 12 |
|  | Wells Fargo Commercial Mortgage Trust |  |  |  |
| 4784000 | &nbsp;&nbsp;Series 2025-5C4-A3 | 5.67% | 05/15/2058 | 4989333 |
|  | WF-RBS Commercial Mortgage Trust |  |  |  |
| 4835919 | &nbsp;&nbsp;Series 2014-C22-XA | 0.39 %<sup>(c)(h)</sup> | 09/15/2057 | 1057 |
|  | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $414,343,473)** | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $414,343,473)** | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $414,343,473)** | **313663498** |
| **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 10.3%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 10.3%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 10.3%** |  |  |
|  | Adjustable Rate Mortgage Trust |  |  |  |
| 17597 | &nbsp;&nbsp;Series 2007-3-1A1 | 5.13 %<sup>(a)(c)</sup> | 11/25/2037 | 17396 |
|  | AlphaFlow Transitional Mortgage Trust |  |  |  |
| 910728 | &nbsp;&nbsp;Series 2021-WL1-A1 | 3.28 %<sup>(a)(i)</sup> | 01/25/2026 | 863835 |
|  | AMSR Trust |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2021-SFR1-F | 3.60 %<sup>(a)</sup> | 06/17/2038 | 9303334 |
| 3000000 | &nbsp;&nbsp;Series 2021-SFR2-E1 | 2.48 %<sup>(a)</sup> | 08/17/2038 | 2896638 |
| 2500000 | &nbsp;&nbsp;Series 2021-SFR2-E2 | 2.58 %<sup>(a)</sup> | 08/17/2038 | 2413931 |
| 4500000 | &nbsp;&nbsp;Series 2021-SFR2-F1 | 3.28 %<sup>(a)</sup> | 08/17/2038 | 4364174 |
| 2000000 | &nbsp;&nbsp;Series 2021-SFR2-F2 | 3.67 %<sup>(a)</sup> | 08/17/2038 | 1940947 |
| 8900000 | &nbsp;&nbsp;Series 2023-SFR2-A | 3.95 %<sup>(a)</sup> | 06/17/2040 | 8689948 |
|  | Argent Securities, Inc. Asset-Backed Pass-Through Certificates |  |  |  |
| 10572907 | &nbsp;&nbsp;Series 2006-M1-A2C (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73% | 07/25/2036 | 2847666 |
| 13463179 | &nbsp;&nbsp;Series 2006-M1-A2D (1 mo. Term SOFR + 0.59%, 0.48% Floor) | 4.91% | 07/25/2036 | 3625782 |
|  | Banc of America Funding Corp. |  |  |  |
| 129514 | &nbsp;&nbsp;Series 2005-G-A3 | 2.27 %<sup>(c)</sup> | 10/20/2035 | 89343 |
| 49555 | &nbsp;&nbsp;Series 2006-2-6A2 | 5.50% | 03/25/2036 | 49536 |
| 76597 | &nbsp;&nbsp;Series 2006-6-1A2 | 6.25% | 08/25/2036 | 66877 |
|  | Bear Stearns Asset Backed Securities Trust |  |  |  |
| 256094 | &nbsp;&nbsp;Series 2007-SD1-1A3A | 6.50% | 10/25/2036 | 89942 |
|  | CAFL Issuer LLC |  |  |  |
| 2380021 | &nbsp;&nbsp;Series 2021-RTL1-A1 | 4.24 %<sup>(a)(i)</sup> | 03/28/2029 | 2380128 |
|  | Carrington Mortgage Loan Trust |  |  |  |
| 4918111 | &nbsp;&nbsp;Series 2006-NC5-A3 (1 mo. Term SOFR + 0.26%, 0.15% Floor, 14.50% Cap) | 4.58% | 01/25/2037 | 4394838 |
|  | Chase Mortgage Finance Corp. |  |  |  |
| 772277 | &nbsp;&nbsp;Series 2007-S3-2A1 | 5.50% | 05/25/2037 | 8 |
|  | CIM Trust |  |  |  |
| 6953000 | &nbsp;&nbsp;Series 2020-R2-M2 | 3.00 %<sup>(a)(c)</sup> | 10/25/2059 | 5605025 |
|  | Citigroup Mortgage Loan Trust, Inc. |  |  |  |
| 3705480 | &nbsp;&nbsp;Series 2007-OPX1-A1A (1 mo. Term SOFR + 0.25%, 0.14% Floor) | 4.57% | 01/25/2037 | 1642491 |
| 22225579 | &nbsp;&nbsp;Series 2019-A-PT1 | 3.92 %<sup>(a)</sup> | 10/25/2058 | 18499794 |
| 37450942 | &nbsp;&nbsp;Series 2021-RP2-A1 | 1.75 %<sup>(a)(c)</sup> | 03/25/2065 | 33704796 |
| 5674000 | &nbsp;&nbsp;Series 2021-RP2-M1 | 3.25 %<sup>(a)(c)</sup> | 03/25/2065 | 4828323 |
| 4752000 | &nbsp;&nbsp;Series 2021-RP2-M2 | 3.40 %<sup>(a)(c)</sup> | 03/25/2065 | 3897865 |
| 4413000 | &nbsp;&nbsp;Series 2021-RP2-M3 | 3.40 %<sup>(a)(c)</sup> | 03/25/2065 | 3446832 |
| 12946942 | &nbsp;&nbsp;Series 2021-RP2-PT1 | 5.59 %<sup>(a)(c)</sup> | 03/25/2065 | 10691287 |
|  | Citimortgage Alternative Loan Trust |  |  |  |
| 49121 | &nbsp;&nbsp;Series 2006-A2-A2 | 6.00% | 05/25/2036 | 46600 |
| 27197 | &nbsp;&nbsp;Series 2006-A5-3A3Pool 2006-A5 | 6.00% | 10/25/2036 | 24459 |
| 197709 | &nbsp;&nbsp;Series 2007-A1-1A7 | 6.00% | 01/25/2037 | 178211 |
| 6179954 | &nbsp;&nbsp;Series 2007-A2-1A5 | 6.00% | 02/25/2037 | 5532560 |
| 2786588 | &nbsp;&nbsp;Series 2007-A5-1A10 | 5.75% | 05/25/2037 | 2590840 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | CitiMortgage, Inc. |  |  |  |
| 18027 | &nbsp;&nbsp;Series 2005-1-1A4 | 5.50% | 02/25/2035 | 17654 |
|  | Colony American Finance Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2020-4-E | 3.38 %<sup>(a)</sup> | 12/15/2052 | 862568 |
|  | Countrywide Alternative Loan Trust |  |  |  |
| 55841 | &nbsp;&nbsp;Series 2005-20CB-1A1 | 5.50% | 07/25/2035 | 44631 |
| 117565 | &nbsp;&nbsp;Series 2005-28CB-3A6 | 6.00% | 08/25/2035 | 45070 |
| 11578658 | &nbsp;&nbsp;Series 2005-37T1-A5 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 5.50% Cap) | 4.88% | 09/25/2035 | 7041317 |
| 397182 | &nbsp;&nbsp;Series 2005-46CB-A22 | 5.25% | 10/25/2035 | 269079 |
| 6315413 | &nbsp;&nbsp;Series 2005-49CB-A2 | 5.50% | 11/25/2035 | 4020708 |
| 57829 | &nbsp;&nbsp;Series 2005-J10-1A13 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.50% Cap) | 5.13% | 10/25/2035 | 33747 |
| 245914 | &nbsp;&nbsp;Series 2006-26CB-A9 | 6.50% | 09/25/2036 | 120851 |
| 5755171 | &nbsp;&nbsp;Series 2006-42-1A8 | 6.00% | 01/25/2047 | 2942319 |
| 925796 | &nbsp;&nbsp;Series 2007-12T1-A1 | 6.00% | 06/25/2037 | 411845 |
| 5862076 | &nbsp;&nbsp;Series 2007-12T1-A3 | 6.00% | 06/25/2037 | 2607772 |
| 996799 | &nbsp;&nbsp;Series 2007-16CB-2A1 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap) | 4.88% | 08/25/2037 | 321849 |
| 288648 | &nbsp;&nbsp;Series 2007-16CB-2A2 (-8 x 1 mo. Term SOFR + 53.63%, 0.00% Floor, 54.58% Cap) | 17.64 %<sup>(j)</sup> | 08/25/2037 | 367453 |
| 52684 | &nbsp;&nbsp;Series 2007-17CB-1A10 (-5 x 1 mo. Term SOFR + 29.37%, 0.00% Floor, 29.90% Cap) | 9.51 %<sup>(j)</sup> | 08/25/2037 | 44628 |
| 234457 | &nbsp;&nbsp;Series 2007-18CB-2A17 | 6.00% | 08/25/2037 | 138221 |
| 1286582 | &nbsp;&nbsp;Series 2007-23CB-A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap) | 4.93% | 09/25/2037 | 460660 |
| 1263848 | &nbsp;&nbsp;Series 2007-23CB-A4 (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap) | 2.07 %<sup>(h)(j)</sup> | 09/25/2037 | 194938 |
| 5452090 | &nbsp;&nbsp;Series 2007-8CB-A1 | 5.50% | 05/25/2037 | 2731003 |
| 4081524 | &nbsp;&nbsp;Series 2007-OA8-2A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.79% | 06/25/2047 | 3214898 |
|  | Countrywide Home Loan Mortgage Pass Through Trust |  |  |  |
| 137533 | &nbsp;&nbsp;Series 2005-28-A7 | 5.25% | 11/01/2035 | 70790 |
| 404113 | &nbsp;&nbsp;Series 2007-10-A5 | 6.00% | 07/25/2037 | 176479 |
| 141298 | &nbsp;&nbsp;Series 2007-15-1A16 | 6.25% | 09/25/2037 | 84449 |
| 422295 | &nbsp;&nbsp;Series 2007-3-A17 | 6.00% | 04/25/2037 | 193862 |
|  | Credit Suisse First Boston Mortgage Securities Corp. |  |  |  |
| 46375 | &nbsp;&nbsp;Series 2005-10-5A5 | 5.50% | 11/25/2035 | 33298 |
|  | Credit Suisse Management LLC |  |  |  |
| 488796 | &nbsp;&nbsp;Series 2005-8-1A3 | 5.25% | 09/25/2035 | 382773 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 2364895 | &nbsp;&nbsp;Series 2006-4-6A1 | 6.00% | 05/25/2036 | 826632 |
| 19564 | &nbsp;&nbsp;Series 2006-4-7A1 | 5.50% | 05/25/2056 | 11379 |
| 62272 | &nbsp;&nbsp;Series 2007-1-3A1 | 6.00% | 02/25/2026 | 7179 |
| 7897 | &nbsp;&nbsp;Series 2007-2-2A1 | 5.00% | 03/25/2037 | 5723 |
| 3010948 | &nbsp;&nbsp;Series 2009-3R-19A2 | 6.00 %<sup>(a)</sup> | 01/27/2038 | 1308540 |
| 513373 | &nbsp;&nbsp;Series 2010-4R-3A17 | 6.00 %<sup>(a)(c)</sup> | 06/26/2037 | 467063 |
| 26831074 | &nbsp;&nbsp;Series 2020-RPL1-PT1 | 3.30 %<sup>(a)(c)</sup> | 10/25/2069 | 21719049 |
| 9035400 | &nbsp;&nbsp;Series 2020-RPL4-M1 | 2.50 %<sup>(a)</sup> | 01/25/2060 | 6994968 |
|  | Credit-Based Asset Servicing and Securitization LLC |  |  |  |
| 5490727 | &nbsp;&nbsp;Series 2007-RP1-A (1 mo. Term SOFR + 0.42%, 0.31% Floor) | 4.75 %<sup>(a)</sup> | 05/25/2046 | 4841211 |
|  | Deutsche ALT-A Securities, Inc. |  |  |  |
| 3894871 | &nbsp;&nbsp;Series 2005-6-2A1 | 5.50% | 12/25/2035 | 3278429 |
| 3305728 | &nbsp;&nbsp;Series 2005-AR2-2A1 | 5.00 %<sup>(c)</sup> | 10/25/2035 | 2132812 |
|  | Deutsche Mortgage Securities, Inc. |  |  |  |
| 334328 | &nbsp;&nbsp;Series 2006-PR1-3A1 | 5.93 %<sup>(a)(j)</sup> | 04/15/2036 | 307778 |
| 16922 | &nbsp;&nbsp;Series 2006-PR1-4AI2 | 6.15 %<sup>(a)(j)</sup> | 04/15/2036 | 16405 |
| 546232 | &nbsp;&nbsp;Series 2006-PR1-5AI4 | 5.93 %<sup>(a)(j)</sup> | 04/15/2036 | 519348 |
|  | First Franklin Mortgage Loan Asset Backed Certificates |  |  |  |
| 15984000 | &nbsp;&nbsp;Series 2006-FF15-A6 (1 mo. Term SOFR + 0.42%, 0.31% Floor) | 4.74% | 11/25/2036 | 13579519 |
| 9892498 | &nbsp;&nbsp;Series 2007-FF2-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 03/25/2037 | 5134684 |
|  | First Horizon Alternative Mortgage Securities |  |  |  |
| 192879 | &nbsp;&nbsp;Series 2006-FA2-1A5 | 6.00% | 05/25/2036 | 74720 |
| 32622 | &nbsp;&nbsp;Series 2006-RE1-A1 | 5.50 %<sup>(c)</sup> | 05/25/2035 | 20726 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Freedom Mortgage Parent LLC |  |  |  |
| 16440000 | &nbsp;&nbsp;Series 2021-GT2-A | 3.85 %<sup>(a)(c)</sup> | 10/25/2026 | 15661181 |
|  | GCAT |  |  |  |
| 6944000 | &nbsp;&nbsp;Series 2021-NQM6-M1 | 3.41 %<sup>(a)(c)</sup> | 08/25/2066 | 5267897 |
|  | GMAC Mortgage Corp. Loan Trust |  |  |  |
| 1050009 | &nbsp;&nbsp;Series 2006-J1-A6 | 5.75% | 04/25/2036 | 901931 |
|  | GS Mortgage-Backed Securities Trust |  |  |  |
| 7546000 | &nbsp;&nbsp;Series 2020-NQM1-M1 | 3.29 %<sup>(a)(c)</sup> | 09/27/2060 | 7120166 |
| 7000000 | &nbsp;&nbsp;Series 2025-NQM2-A1 | 5.65 %<sup>(a)(c)</sup> | 06/25/2065 | 7077966 |
| 3000000 | &nbsp;&nbsp;Series 2025-NQM2-A3 | 5.90 %<sup>(a)(c)</sup> | 06/25/2065 | 3036153 |
|  | GSAA Trust |  |  |  |
| 2835 | &nbsp;&nbsp;Series 2005-7-AF5 | 5.11 %<sup>(i)</sup> | 05/25/2035 | 2804 |
| 929407 | &nbsp;&nbsp;Series 2007-10-A2A | 6.50% | 11/25/2037 | 336147 |
|  | GSR Mortgage Loan Trust |  |  |  |
| 1418665 | &nbsp;&nbsp;Series 2006-3F-4A1 | 6.00% | 03/25/2036 | 762004 |
| 22702102 | &nbsp;&nbsp;Series 2006-OA1-1A1 (1 mo. Term SOFR + 0.55%, 0.44% Floor) | 4.87% | 08/25/2046 | 4784343 |
| 29741 | &nbsp;&nbsp;Series 2007-1F-2A2 | 5.50% | 01/25/2037 | 121663 |
|  | Home Partners of America Trust |  |  |  |
| 2452437 | &nbsp;&nbsp;Series 2021-1-D | 2.48 %<sup>(a)</sup> | 09/17/2041 | 2148714 |
| 1127290 | &nbsp;&nbsp;Series 2021-1-E | 2.58 %<sup>(a)</sup> | 09/17/2041 | 970437 |
| 1268617 | &nbsp;&nbsp;Series 2021-1-F | 3.33 %<sup>(a)</sup> | 09/17/2041 | 1078321 |
|  | Homeward Opportunities Fund I Trust |  |  |  |
| 5250000 | &nbsp;&nbsp;Series 2020-2-M1 | 3.90 %<sup>(a)(c)</sup> | 05/25/2065 | 5083360 |
|  | HSI Asset Securitization Corp. |  |  |  |
| 21388494 | &nbsp;&nbsp;Series 2006-HE1-1A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 10/25/2036 | 5839119 |
| 8720435 | &nbsp;&nbsp;Series 2007-NC1-A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.79% | 04/25/2037 | 5684492 |
|  | Impac Secured Assets CMN Owner Trust |  |  |  |
| 20296395 | &nbsp;&nbsp;Series 2006-5-1A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor, 11.50% Cap) | 4.97% | 02/25/2037 | 18698659 |
|  | Imperial Fund Mortgage Trust |  |  |  |
| 2728000 | &nbsp;&nbsp;Series 2021-NQM4-M1 | 3.45 %<sup>(a)(c)</sup> | 01/25/2057 | 2095309 |
|  | Indymac IMSC Mortgage Loan Trust |  |  |  |
| 1271544 | &nbsp;&nbsp;Series 2007-HOA1-A11 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.79% | 07/25/2047 | 834974 |
| 1264468 | &nbsp;&nbsp;Series 2007-HOA1-A24 (1 mo. Term SOFR + 0.73%, 0.62% Floor) | 5.05% | 07/25/2047 | 832835 |
|  | Invitation Homes Trust |  |  |  |
| 13127000 | &nbsp;&nbsp;Series 2024-SFR1-D | 4.25 %<sup>(a)</sup> | 09/17/2041 | 12514616 |
|  | JP Morgan Alternative Loan Trust |  |  |  |
| 1728088 | &nbsp;&nbsp;Series 2005-A2-1M1 (1 mo. Term SOFR + 0.80%, 0.69% Floor, 11.50% Cap) | 5.12% | 01/25/2036 | 1690659 |
| 1682553 | &nbsp;&nbsp;Series 2006-S3-A4 | 6.81 %<sup>(i)</sup> | 08/25/2036 | 1653270 |
| 19040 | &nbsp;&nbsp;Series 2006-S3-A6 | 6.62 %<sup>(i)</sup> | 08/25/2036 | 18961 |
| 19559 | &nbsp;&nbsp;Series 2006-S4-A6 | 6.21 %<sup>(i)</sup> | 12/25/2036 | 20201 |
|  | JP Morgan Mortgage Acquisition Corp. |  |  |  |
| 12732719 | &nbsp;&nbsp;Series 2006-WMC2-A5 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 07/25/2036 | 5925031 |
| 14530648 | &nbsp;&nbsp;Series 2006-WMC3-A4 (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73% | 08/25/2036 | 10909836 |
| 12202687 | &nbsp;&nbsp;Series 2006-WMC4-A5 (1 mo. Term SOFR + 0.53%, 0.42% Floor) | 4.85% | 12/25/2036 | 6362235 |
|  | JP Morgan Mortgage Trust |  |  |  |
| 156568 | &nbsp;&nbsp;Series 2007-S3-1A7 | 6.00% | 08/25/2037 | 68034 |
|  | Legacy Mortgage Asset Trust |  |  |  |
| 19721123 | &nbsp;&nbsp;Series 2019-RPL3-PT1 | 0.00 %<sup>(a)</sup> | 06/25/2058 | 17422040 |
| 7490968 | &nbsp;&nbsp;Series 2021-GS3-A2 | 7.25 %<sup>(a)(i)</sup> | 07/25/2061 | 7434728 |
|  | Lehman Mortgage Trust |  |  |  |
| 368364 | &nbsp;&nbsp;Series 2006-3-1A5 | 6.00% | 07/25/2036 | 173724 |
| 24343 | &nbsp;&nbsp;Series 2006-9-1A19 (-5 x 1 mo. Term SOFR + 30.16%, 0.00% Floor, 30.68% Cap) | 10.29 %<sup>(j)</sup> | 01/25/2037 | 21410 |
| 85250 | &nbsp;&nbsp;Series 2007-2-1A1 | 5.75% | 02/25/2037 | 56136 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Lehman XS Trust |  |  |  |
| 2776980 | &nbsp;&nbsp;Series 2005-9N-1A1 (1 mo. Term SOFR + 0.38%, 0.27% Floor) | 4.70% | 02/25/2036 | 2579660 |
| 2213517 | &nbsp;&nbsp;Series 2007-1-1A2 (1 mo. Term SOFR + 0.43%, 0.32% Floor) | 4.75% | 02/25/2037 | 2142721 |
| 8602436 | &nbsp;&nbsp;Series 2007-15N-3A1 (1 mo. Term SOFR + 0.36%, 0.25% Floor) | 4.68% | 08/25/2047 | 7168260 |
| 7632205 | &nbsp;&nbsp;Series 2007-3-2A3 (1 mo. Term SOFR + 0.59%, 0.48% Floor) | 4.91% | 03/25/2037 | 7103816 |
|  | Long Beach Mortgage Loan Trust |  |  |  |
| 32934718 | &nbsp;&nbsp;Series 2006-2-2A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor) | 4.81% | 03/25/2046 | 11646810 |
| 12775231 | &nbsp;&nbsp;Series 2006-3-2A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.79% | 05/25/2046 | 3829571 |
| 14969325 | &nbsp;&nbsp;Series 2006-6-2A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor) | 4.73% | 07/25/2036 | 5930007 |
|  | MASTR Alternative Loans Trust |  |  |  |
| 73761 | &nbsp;&nbsp;Series 2005-2-3A1 | 6.00% | 03/25/2035 | 58373 |
| 4460575 | &nbsp;&nbsp;Series 2006-1-A5 | 6.00% | 02/25/2036 | 1915683 |
| 32221 | &nbsp;&nbsp;Series 2007-1-2A7 | 6.00% | 10/25/2036 | 8833 |
|  | MASTR Asset Backed Securities Trust |  |  |  |
| 10250766 | &nbsp;&nbsp;Series 2005-NC2-A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 11/25/2035 | 5788213 |
|  | MASTR Asset Securitization Trust |  |  |  |
| 704414 | &nbsp;&nbsp;Series 2006-2-1A11 (1 mo. Term SOFR + 6.00%, 6.00% Floor) | 6.00% | 06/25/2036 | 398046 |
|  | Merrill Lynch Alternative Note Asset |  |  |  |
| 1615650 | &nbsp;&nbsp;Series 2007-F1-2A8 | 6.00% | 03/25/2037 | 533603 |
|  | Merrill Lynch Mortgage Investors, Inc. |  |  |  |
| 4764489 | &nbsp;&nbsp;Series 2007-MLN1-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 03/25/2037 | 3686685 |
|  | Morgan Stanley ABS Capital I, Inc. |  |  |  |
| 7099339 | &nbsp;&nbsp;Series 2006-HE5-A2C (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.71% | 08/25/2036 | 3539927 |
|  | Morgan Stanley Mortgage Loan Trust |  |  |  |
| 19538 | &nbsp;&nbsp;Series 2004-1-1A1 | 5.00% | 11/25/2033 | 14062 |
| 381114 | &nbsp;&nbsp;Series 2005-7-7A4 | 5.50% | 11/25/2035 | 350820 |
| 1351815 | &nbsp;&nbsp;Series 2006-7-3A | 5.08 %<sup>(c)</sup> | 06/25/2036 | 715769 |
| 23781594 | &nbsp;&nbsp;Series 2007-2AX-2A2 (1 mo. Term SOFR + 0.43%, 0.32% Floor) | 4.75% | 12/25/2036 | 8084253 |
| 7420266 | &nbsp;&nbsp;Series 2007-7AX-2A1 (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.67% | 04/25/2037 | 1935657 |
|  | MortgageIT Trust |  |  |  |
| 13101765 | &nbsp;&nbsp;Series 2007-1-2A11 (1 mo. Term SOFR + 0.55%, 0.44% Floor) | 4.87% | 06/25/2047 | 11308175 |
|  | New Century Home Equity Loan Trust |  |  |  |
| 6000000 | &nbsp;&nbsp;Series 2005-B-M2 (1 mo. Term SOFR + 0.85%, 0.74% Floor) | 5.17% | 10/25/2035 | 5208778 |
|  | Nomura Asset Acceptance Corp. |  |  |  |
| 157197 | &nbsp;&nbsp;Series 2006-AP1-A2 | 5.52 %<sup>(c)</sup> | 01/25/2036 | 45117 |
|  | Nomura Home Equity Loan, Inc. |  |  |  |
| 488281 | &nbsp;&nbsp;Series 2006-AF1-A2 | 6.30 %<sup>(i)</sup> | 10/25/2036 | 100912 |
| 806533 | &nbsp;&nbsp;Series 2007-1-1A1 | 6.56 %<sup>(i)</sup> | 02/25/2037 | 214303 |
|  | NRZ Excess Spread-Collateralized Notes |  |  |  |
| 2013351 | &nbsp;&nbsp;Series 2020-PLS1-A | 3.84 %<sup>(a)</sup> | 12/25/2025 | 1993622 |
|  | Option One Mortgage Loan Trust |  |  |  |
| 25623 | &nbsp;&nbsp;Series 2004-3-M3 (1 mo. Term SOFR + 1.09%, 0.98% Floor) | 5.41% | 11/25/2034 | 27003 |
| 15158631 | &nbsp;&nbsp;Series 2007-6-1A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62% | 07/25/2037 | 13472110 |
|  | PennyMac Mortgage Investment Trust |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2021-FT1-A (1 mo. Term SOFR + 3.11%, 3.12% Floor) | 7.43 %<sup>(a)</sup> | 03/25/2026 | 15082367 |
|  | PR Mortgage Loan Trust |  |  |  |
| 4216852 | &nbsp;&nbsp;Series 2014-1-APT | 5.86 %<sup>(a)(c)</sup> | 10/25/2049 | 4037698 |
|  | Pretium Mortgage Credit Partners LLC |  |  |  |
| 3298268 | &nbsp;&nbsp;Series 2021-RN2-A1 | 4.74 %<sup>(a)(i)</sup> | 07/25/2051 | 3282161 |
| 13386637 | &nbsp;&nbsp;Series 2024-NPL6-A1 | 5.93 %<sup>(a)(i)</sup> | 10/25/2054 | 13375099 |
|  | Progress Residential Trust |  |  |  |
| 3404000 | &nbsp;&nbsp;Series 2021-SFR6-E2 | 2.53 %<sup>(a)</sup> | 07/17/2038 | 3315252 |
| 4666000 | &nbsp;&nbsp;Series 2021-SFR6-F | 3.42 %<sup>(a)</sup> | 07/17/2038 | 4576126 |
| 5100000 | &nbsp;&nbsp;Series 2021-SFR8-F | 3.18 %<sup>(a)</sup> | 10/17/2038 | 4955643 |
|  | PRPM LLC |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 2025-4-A1 | 6.18 %<sup>(a)(i)</sup> | 06/25/2030 | 4054140 |
|  | RALI Trust |  |  |  |
| 97156 | &nbsp;&nbsp;Series 2005-QS14-3A3 | 6.00% | 09/25/2035 | 85626 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 129107 | &nbsp;&nbsp;Series 2006-QS10-A4 | 5.75% | 08/25/2036 | 110332 |
| 1408819 | &nbsp;&nbsp;Series 2006-QS10-A9 | 6.50% | 08/25/2036 | 1251642 |
| 1526036 | &nbsp;&nbsp;Series 2006-QS4-A10 | 6.00% | 04/25/2036 | 1247247 |
| 297890 | &nbsp;&nbsp;Series 2006-QS6-1A15 | 6.00% | 06/25/2036 | 244040 |
| 1509 | &nbsp;&nbsp;Series 2006-QS6-2A1 | 6.00% | 12/25/2025 |  |
| 19032812 | &nbsp;&nbsp;Series 2007-QH5-AII (1 mo. Term SOFR + 0.57%, 0.46% Floor) | 4.89% | 06/25/2037 | 8454101 |
| 518318 | &nbsp;&nbsp;Series 2007-QS3-A4 | 6.25% | 02/25/2037 | 429904 |
| 1820568 | &nbsp;&nbsp;Series 2007-QS9-A33 | 6.50% | 07/25/2037 | 1504014 |
|  | RAMP Trust |  |  |  |
| 11500000 | &nbsp;&nbsp;Series 2006-NC1-M2 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 14.00% Cap) | 5.03% | 01/25/2036 | 9960385 |
|  | RBSGC Mortgage Pass Through Certificates |  |  |  |
| 6048890 | &nbsp;&nbsp;Series 2005-A-3A | 6.00% | 04/25/2035 | 2163386 |
|  | Residential Asset Securitization Trust |  |  |  |
| 154641 | &nbsp;&nbsp;Series 2005-A10-A3 | 5.50% | 09/25/2035 | 70807 |
| 219124 | &nbsp;&nbsp;Series 2005-A11-2A4 | 6.00% | 10/25/2035 | 92612 |
| 1611824 | &nbsp;&nbsp;Series 2006-A6-1A1 | 6.50% | 07/25/2036 | 429702 |
| 109588 | &nbsp;&nbsp;Series 2006-R1-A1 (-4 x 1 mo. Term SOFR + 27.94%, 0.00% Floor, 28.40% Cap) | 10.67 %<sup>(j)</sup> | 01/25/2046 | 96317 |
|  | Residential Mortgage Loan Trust |  |  |  |
| 5154000 | &nbsp;&nbsp;Series 2020-1-M1 | 3.24 %<sup>(a)(c)</sup> | 01/26/2060 | 5013418 |
|  | RFMSI Trust |  |  |  |
| 33075 | &nbsp;&nbsp;Series 2006-S10-1A2 | 6.00% | 10/25/2036 | 26878 |
| 363463 | &nbsp;&nbsp;Series 2007-S2-A4 | 6.00% | 02/25/2037 | 279574 |
| 266885 | &nbsp;&nbsp;Series 2007-S3-1A4 | 6.00% | 03/25/2037 | 193906 |
|  | Saxon Asset Securities Trust |  |  |  |
| 7695758 | &nbsp;&nbsp;Series 2005-2-M4 (1 mo. Term SOFR + 1.06%, 0.95% Floor, 11.50% Cap) | 5.38% | 10/25/2035 | 5405433 |
|  | Securitized Asset Backed Receivables LLC |  |  |  |
| 13689917 | &nbsp;&nbsp;Series 2007-BR3-A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 100.00% Cap) | 4.75 %<sup>(a)</sup> | 04/25/2037 | 9217328 |
| 17134836 | &nbsp;&nbsp;Series 2007-BR3-A2A (1 mo. Term SOFR + 0.25%, 0.14% Floor) | 4.57% | 04/25/2037 | 11422150 |
| 12154538 | &nbsp;&nbsp;Series 2007-BR3-A2B (1 mo. Term SOFR + 0.55%, 0.44% Floor) | 4.87% | 04/25/2037 | 8101757 |
| 2186398 | &nbsp;&nbsp;Series 2007-BR3-A2C (1 mo. Term SOFR + 0.67%, 0.56% Floor) | 4.99% | 04/25/2037 | 1457334 |
| 19085105 | &nbsp;&nbsp;Series 2007-HE1-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor) | 4.75% | 12/25/2036 | 4105901 |
|  | Securitized Mortgage Asset Loan Trust |  |  |  |
| 21058384 | &nbsp;&nbsp;Series 2015-1-PC | 2.99 %<sup>(a)(c)</sup> | 02/25/2054 | 18213194 |
|  | Sequoia Mortgage Trust |  |  |  |
| 2844502 | &nbsp;&nbsp;Series 2007-3-2AA1 | 4.50 %<sup>(c)</sup> | 07/20/2037 | 2252718 |
|  | Soundview Home Equity Loan Trust |  |  |  |
| 6032403 | &nbsp;&nbsp;Series 2007-OPT4-1A1 (1 mo. Term SOFR + 1.11%, 1.00% Floor) | 5.43% | 09/25/2037 | 4381164 |
|  | Starwood Mortgage Residential Trust |  |  |  |
| 5910000 | &nbsp;&nbsp;Series 2020-1-B1 | 3.73 %<sup>(a)(c)</sup> | 02/25/2050 | 5058116 |
|  | Structured Asset Investment Loan Trust |  |  |  |
| 9923794 | &nbsp;&nbsp;Series 2006-BNC3-A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor) | 4.61% | 09/25/2036 | 6130150 |
|  | Structured Asset Securities Corp. |  |  |  |
| 612475 | &nbsp;&nbsp;Series 2005-RF1-A (1 mo. Term SOFR + 0.46%, 0.35% Floor) | 4.78 %<sup>(a)</sup> | 03/25/2035 | 551217 |
| 612475 | &nbsp;&nbsp;Series 2005-RF1-AIO | 0.00 %<sup>(a)(c)(h)</sup> | 03/25/2035 | 844 |
|  | Velocity Commercial Capital Loan Trust |  |  |  |
| 920215 | &nbsp;&nbsp;Series 2018-1-M1 | 3.91 %<sup>(a)</sup> | 04/25/2048 | 880330 |
| 503741 | &nbsp;&nbsp;Series 2018-1-M2 | 4.26 %<sup>(a)</sup> | 04/25/2048 | 475490 |
| 310595 | &nbsp;&nbsp;Series 2018-1-M3 | 4.41 %<sup>(a)</sup> | 04/25/2048 | 289102 |
| 1237509 | &nbsp;&nbsp;Series 2019-1-M1 | 3.94 %<sup>(a)(c)</sup> | 03/25/2049 | 1157525 |
| 599769 | &nbsp;&nbsp;Series 2019-1-M2 | 4.01 %<sup>(a)(c)</sup> | 03/25/2049 | 548317 |
| 523752 | &nbsp;&nbsp;Series 2019-1-M3 | 4.12 %<sup>(a)(c)</sup> | 03/25/2049 | 472045 |
|  | Vericrest Opportunity Loan Transferee |  |  |  |
| 1704672 | &nbsp;&nbsp;Series 2021-CF1-A1 | 4.99 %<sup>(a)(i)</sup> | 08/25/2051 | 1705990 |
| 1226001 | &nbsp;&nbsp;Series 2021-CF2-A1 | 5.49 %<sup>(a)(i)</sup> | 11/27/2051 | 1224098 |
| 221944 | &nbsp;&nbsp;Series 2021-NPL5-A1 | 6.12 %<sup>(a)(i)</sup> | 03/27/2051 | 222043 |
| 598408 | &nbsp;&nbsp;Series 2021-NPL6-A1 | 6.24 %<sup>(a)(i)</sup> | 04/25/2051 | 598266 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | WaMu Mortgage Pass Through Certificates |  |  |  |
| 3856834 | &nbsp;&nbsp;Series 2006-AR13-1A (12 Month US Treasury Average + 0.88%, 0.88% Floor) | 5.28% | 10/25/2046 | 3320153 |
| 1222198 | &nbsp;&nbsp;Series 2006-AR19-2A (12 Month US Treasury Average + 1.25%, 1.25% Floor) | 5.65% | 01/25/2047 | 1125187 |
| 3824919 | &nbsp;&nbsp;Series 2007-HY7-2A1 | 4.06 %<sup>(c)</sup> | 07/25/2037 | 3430984 |
|  | Washington Mutual Alternative Mortgage Pass-Through Certificates |  |  |  |
| 65622 | &nbsp;&nbsp;Series 2005-1-2A | 6.00% | 03/25/2035 | 57190 |
| 337598 | &nbsp;&nbsp;Series 2006-1-3A1 | 5.75% | 02/25/2036 | 319597 |
| 921891 | &nbsp;&nbsp;Series 2006-2-4CB | 6.00% | 03/25/2036 | 910846 |
| 6802835 | &nbsp;&nbsp;Series 2006-8-A5 | 4.11 %<sup>(i)</sup> | 10/25/2036 | 2302876 |
| 3023241 | &nbsp;&nbsp;Series 2006-8-A6 | 4.11 %<sup>(i)</sup> | 10/25/2036 | 1024292 |
| 6223115 | &nbsp;&nbsp;Series 2007-2-1A2 | 6.00% | 04/25/2037 | 5132152 |
| 4364514 | &nbsp;&nbsp;Series 2007-2-1A3 | 6.00% | 04/25/2037 | 3599379 |
| 551287 | &nbsp;&nbsp;Series 2007-3-A6 | 6.00% | 04/25/2037 | 495111 |
| 45952 | &nbsp;&nbsp;Series 2007-5-A11 (-6 x 1 mo. Term SOFR + 38.79%, 0.00% Floor, 39.48% Cap) | 12.88 %<sup>(j)</sup> | 06/25/2037 | 51830 |
| 5818392 | &nbsp;&nbsp;Series 2007-5-A3 | 7.00% | 06/25/2037 | 4729526 |
|  | Wells Fargo Alternative Loan Trust |  |  |  |
| 276016 | &nbsp;&nbsp;Series 2007-PA5-1A1 | 6.25% | 11/25/2037 | 248375 |
|  | Wells Fargo Mortgage Backed Securities Trust |  |  |  |
| 5672 | &nbsp;&nbsp;Series 2005-AR14-A6 | 7.02 %<sup>(c)</sup> | 08/25/2035 | 5548 |
| 371130 | &nbsp;&nbsp;Series 2006-7-2A1 | 6.00% | 06/25/2036 | 334884 |
| 14606 | &nbsp;&nbsp;Series 2007-7-A1 | 6.00% | 06/25/2037 | 13756 |
|  | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $821,157,209)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $821,157,209)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $821,157,209)** | **670517153** |
| **US CORPORATE BONDS - 15.2%** | **US CORPORATE BONDS - 15.2%** | **US CORPORATE BONDS - 15.2%** |  |  |
| 815000 | 1261229 BC Ltd. | 10.00 %<sup>(a)</sup> | 04/15/2032 | 822734 |
| 5660000 | 200 Park Funding Trust | 5.74 %<sup>(a)</sup> | 02/15/2055 | 5589081 |
| 780000 | AAR Escrow Issuer LLC | 6.75 %<sup>(a)</sup> | 03/15/2029 | 808851 |
| 5098000 | AbbVie, Inc. | 4.70% | 05/14/2045 | 4573385 |
| 2821000 | AbbVie, Inc. | 5.50% | 03/15/2064 | 2737934 |
| 1015000 | Academy Ltd. | 6.00 %<sup>(a)</sup> | 11/15/2027 | 1018392 |
| 405000 | Acrisure LLC / Acrisure Finance, Inc. | 6.00 %<sup>(a)</sup> | 08/01/2029 | 394093 |
| 965000 | Acrisure LLC / Acrisure Finance, Inc. | 6.75 %<sup>(a)</sup> | 07/01/2032 | 979521 |
| 1650000 | Acuris Finance US, Inc. / Acuris Finance SARL | 5.00 %<sup>(a)</sup> | 05/01/2028 | 1575926 |
| 620000 | Acushnet Co. | 7.38 %<sup>(a)</sup> | 10/15/2028 | 647018 |
| 1240000 | Advanced Drainage Systems, Inc. | 6.38 %<sup>(a)</sup> | 06/15/2030 | 1269167 |
| 2821000 | AEP Texas, Inc. | 5.45% | 05/15/2029 | 2913121 |
| 770000 | Aethon United BR LP / Aethon United Finance Corp. | 7.50 %<sup>(a)</sup> | 10/01/2029 | 808253 |
| 4958000 | Agilent Technologies, Inc. | 4.75% | 09/09/2034 | 4881546 |
| 2457000 | Agree LP | 2.60% | 06/15/2033 | 2047609 |
| 4557000 | Aircastle Ltd. / Aircastle Ireland DAC | 5.25 %<sup>(a)</sup> | 03/15/2030 | 4597342 |
| 1145000 | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer | 6.75 %<sup>(a)</sup> | 10/15/2027 | 1146700 |
| 735000 | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer | 6.50 %<sup>(a)</sup> | 10/01/2031 | 749589 |
| 1660000 | Allied Universal Holdco LLC | 7.88 %<sup>(a)</sup> | 02/15/2031 | 1735666 |
| 615000 | Allied Universal Holdco LLC / Allied Universal Finance Corp. | 6.00 %<sup>(a)</sup> | 06/01/2029 | 598691 |
| 355000 | AMC Entertainment Holdings, Inc. | 7.50 %<sup>(a)</sup> | 02/15/2029 | 280148 |
| 470000 | Amentum Holdings, Inc. | 7.25 %<sup>(a)</sup> | 08/01/2032 | 484033 |
| 660000 | American Airlines, Inc. | 8.50 %<sup>(a)</sup> | 05/15/2029 | 692445 |
| 600000 | American Axle & Manufacturing, Inc. | 5.00% | 10/01/2029 | 549542 |
| 10321000 | American Express Co.<br> (SOFR + 1.44%) | 5.02% | 04/25/2031 | 10541586 |
| 6927000 | American Homes 4 Rent LP | 5.50% | 02/01/2034 | 7046559 |
| 1942000 | American International Group, Inc. | 5.45% | 05/07/2035 | 1992470 |
| 2002000 | American National Group, Inc. | 5.75% | 10/01/2029 | 2051107 |
| 6471000 | American National Group, Inc. | 6.00% | 07/15/2035 | 6512142 |
| 2366000 | American Tower Corp. | 5.55% | 07/15/2033 | 2441713 |
| 1737000 | American Tower Corp. | 3.70% | 10/15/2049 | 1270943 |
| 2057000 | Americold Realty Operating Partnership LP | 5.60% | 05/15/2032 | 2068037 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 6866000 | Amgen, Inc. | 5.75% | 03/02/2063 | 6680189 |
| 2439000 | Amphenol Corp. | 5.38% | 11/15/2054 | 2388633 |
| 2132000 | Amrize Finance US LLC | 4.95 %<sup>(a)</sup> | 04/07/2030 | 2161629 |
| 580000 | Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp. | 7.00 %<sup>(a)</sup> | 04/15/2030 | 542400 |
| 190000 | Anywhere Real Estate Group LLC / Realogy Co.-Issuer Corp. | 5.25 %<sup>(a)</sup> | 04/15/2030 | 155887 |
| 2603000 | APA Corp. | 6.10 %<sup>(a)</sup> | 02/15/2035 | 2554479 |
| 405000 | APH / APH2 / APH3 | 7.88 %<sup>(a)</sup> | 11/01/2029 | 414619 |
| 2402000 | AppLovin Corp. | 5.38% | 12/01/2031 | 2445276 |
| 1235000 | Archrock Partners LP / Archrock Partners Finance Corp. | 6.63 %<sup>(a)</sup> | 09/01/2032 | 1259086 |
| 495000 | Arcosa, Inc. | 6.88 %<sup>(a)</sup> | 08/15/2032 | 514030 |
| 4786000 | Arizona Public Service Co. | 5.70% | 08/15/2034 | 4939582 |
| 4768000 | Arrow Electronics, Inc. | 5.15% | 08/21/2029 | 4843277 |
| 375000 | Arsenal AIC Parent LLC | 8.00 %<sup>(a)</sup> | 10/01/2030 | 400665 |
| 140000 | Artera Services LLC | 8.50 %<sup>(a)</sup> | 02/15/2031 | 116694 |
| 2839000 | Arthur J Gallagher & Co. | 4.85% | 12/15/2029 | 2882425 |
| 5905000 | Arthur J Gallagher & Co. | 5.15% | 02/15/2035 | 5911205 |
| 685000 | Ashton Woods USA LLC / Ashton Woods Finance Co. | 4.63 %<sup>(a)</sup> | 04/01/2030 | 654028 |
| 13914000 | AT&T, Inc. | 3.50% | 09/15/2053 | 9425159 |
| 1015000 | AthenaHealth Group, Inc. | 6.50 %<sup>(a)</sup> | 02/15/2030 | 999994 |
| 3931000 | Athene Global Funding | 5.35 %<sup>(a)</sup> | 07/09/2027 | 3993395 |
| 5732000 | Athene Global Funding | 4.72 %<sup>(a)</sup> | 10/08/2029 | 5722137 |
| 3699000 | Athene Holding Ltd.<br> (5 yr. CMT Rate + 2.61%) | 6.63% | 10/15/2054 | 3650545 |
| 3931000 | Atlassian Corp. | 5.25% | 05/15/2029 | 4037567 |
| 4040000 | AutoNation, Inc. | 5.89% | 03/15/2035 | 4100323 |
| 4612000 | AutoZone, Inc. | 5.13% | 06/15/2030 | 4730270 |
| 2311000 | Avery Dennison Corp. | 5.75% | 03/15/2033 | 2417723 |
| 3567000 | Aviation Capital Group LLC | 5.38 %<sup>(a)</sup> | 07/15/2029 | 3634398 |
| 240000 | Avient Corp. | 6.25 %<sup>(a)</sup> | 11/01/2031 | 242394 |
| 695000 | Azorra Finance Ltd. | 7.75 %<sup>(a)</sup> | 04/15/2030 | 725335 |
| 910000 | Azorra Finance Ltd. | 7.25 %<sup>(a)</sup> | 01/15/2031 | 931314 |
| 2506000 | Bank of America Corp.<br> (5 yr. CMT Rate + 2.68%) | 6.63 %<sup>(g)</sup> | 05/01/2030 | 2601611 |
| 3974000 | Bank of America Corp.<br> (SOFR + 1.21%) | 2.57% | 10/20/2032 | 3503565 |
| 3822000 | Bank of America Corp.<br> (SOFR + 1.65%) | 5.47% | 01/23/2035 | 3927971 |
| 4186000 | Bank of America Corp.<br> (SOFR + 1.70%) | 5.74% | 02/12/2036 | 4255615 |
| 4277000 | Bank of New York Mellon Corp.<br> (SOFR + 1.23%) | 5.06% | 07/22/2032 | 4379354 |
| 1500000 | Bausch + Lomb Corp. | 8.38 %<sup>(a)</sup> | 10/01/2028 | 1567500 |
| 230000 | Bausch Health Americas, Inc. | 8.50 %<sup>(a)</sup> | 01/31/2027 | 219226 |
| 665000 | Bausch Health Cos., Inc. | 4.88 %<sup>(a)</sup> | 06/01/2028 | 561509 |
| 465000 | Bausch Health Cos., Inc. | 5.25 %<sup>(a)</sup> | 01/30/2030 | 294854 |
| 93000 | Bausch Health Cos., Inc. | 14.00 %<sup>(a)</sup> | 10/15/2030 | 81442 |
| 330000 | Beach Acquisition Bidco LLC<br> 10.00% Cash or 10.75% PIK | 10.00 %<sup>(a)</sup> | 07/15/2033 | 342875 |
| 1802000 | Berry Global, Inc. | 4.88 %<sup>(a)</sup> | 07/15/2026 | 1801224 |
| 2930000 | Berry Global, Inc. | 5.65% | 01/15/2034 | 3025442 |
| 4647000 | Biogen, Inc. | 5.05% | 01/15/2031 | 4732732 |
| 4526000 | Black Hills Corp. | 6.00% | 01/15/2035 | 4697525 |
| 610000 | Blue Racer Midstream LLC / Blue Racer Finance Corp. | 7.25 %<sup>(a)</sup> | 07/15/2032 | 646778 |
| 12173000 | Broadcom, Inc. | 3.50 %<sup>(a)</sup> | 02/15/2041 | 9653543 |
| 2025000 | Brown & Brown, Inc. | 6.25% | 06/23/2055 | 2089330 |
| 1730000 | Buckeye Partners LP | 6.88 %<sup>(a)</sup> | 07/01/2029 | 1793399 |
| 1595000 | Builders FirstSource, Inc. | 6.38 %<sup>(a)</sup> | 03/01/2034 | 1627415 |
| 615000 | Builders FirstSource, Inc. | 6.75 %<sup>(a)</sup> | 05/15/2035 | 633982 |
| 5875000 | Bunge Ltd. Finance Corp. | 4.65% | 09/17/2034 | 5702661 |
| 3421000 | Burlington Northern Santa Fe LLC | 5.20% | 04/15/2054 | 3241581 |
| 405000 | CACI International, Inc. | 6.38 %<sup>(a)</sup> | 06/15/2033 | 418445 |
| 2384000 | Cadence Design Systems, Inc. | 4.70% | 09/10/2034 | 2356105 |
| 1715000 | Caesars Entertainment, Inc. | 6.00 %<sup>(a)</sup> | 10/15/2032 | 1682993 |
| 4792000 | Cardinal Health, Inc. | 4.60% | 03/15/2043 | 4123768 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 674000 | Cardinal Health, Inc. | 4.50% | 11/15/2044 | 568798 |
| 1915000 | Carnival Corp. | 5.75 %<sup>(a)</sup> | 03/01/2027 | 1932008 |
| 1656000 | Carnival Corp. | 6.13 %<sup>(a)</sup> | 02/15/2033 | 1695375 |
| 416872 | Carvana Co.<br> 9.00% Cash or 12.00% PIK | 9.00 %<sup>(a)</sup> | 12/01/2028 | 428012 |
| 710000 | Carvana Co.<br> 11.00% Cash or 13.00% PIK | 11.00 %<sup>(a)</sup> | 06/01/2030 | 747103 |
| 204000 | Castle US Holding Corp. | 10.00 %<sup>(a)</sup> | 06/30/2031 | 88740 |
| 1345000 | CCO Holdings LLC / CCO Holdings Capital Corp. | 5.13 %<sup>(a)</sup> | 05/01/2027 | 1341595 |
| 2570000 | CCO Holdings LLC / CCO Holdings Capital Corp. | 4.75 %<sup>(a)</sup> | 03/01/2030 | 2491737 |
| 1200000 | CCO Holdings LLC / CCO Holdings Capital Corp. | 4.75 %<sup>(a)</sup> | 02/01/2032 | 1138982 |
| 565000 | Celanese US Holdings LLC | 6.50% | 04/15/2030 | 578728 |
| 565000 | Celanese US Holdings LLC | 6.75% | 04/15/2033 | 571326 |
| 8030000 | Centene Corp. | 2.50% | 03/01/2031 | 6919064 |
| 5108000 | Cheniere Energy Partners LP | 4.00% | 03/01/2031 | 4863141 |
| 4853000 | Cheniere Energy, Inc. | 4.63% | 10/15/2028 | 4847691 |
| 1125000 | Chord Energy Corp. | 6.75 %<sup>(a)</sup> | 03/15/2033 | 1150029 |
| 830000 | CHS/Community Health Systems, Inc. | 6.00 %<sup>(a)</sup> | 01/15/2029 | 799023 |
| 455000 | CHS/Community Health Systems, Inc. | 6.88 %<sup>(a)</sup> | 04/15/2029 | 363172 |
| 780000 | CHS/Community Health Systems, Inc. | 4.75 %<sup>(a)</sup> | 02/15/2031 | 667467 |
| 1984000 | Citigroup, Inc.<br> (SOFR + 1.28%) | 3.07% | 02/24/2028 | 1940667 |
| 4143000 | Citigroup, Inc.<br> (SOFR + 1.46%) | 4.95% | 05/07/2031 | 4191354 |
| 2366000 | Citigroup, Inc.<br> (SOFR + 2.66%) | 6.17% | 05/25/2034 | 2477748 |
| 505000 | Civitas Resources, Inc. | 8.38 %<sup>(a)</sup> | 07/01/2028 | 517706 |
| 1245000 | Clarios Global LP / Clarios US Finance Co. | 6.75 %<sup>(a)</sup> | 05/15/2028 | 1279030 |
| 1685000 | Clarios Global LP / Clarios US Finance Co. | 6.75 %<sup>(a)</sup> | 02/15/2030 | 1753389 |
| 565000 | Clarivate Science Holdings Corp. | 4.88 %<sup>(a)</sup> | 07/01/2029 | 532562 |
| 275000 | Clear Channel Outdoor Holdings, Inc. | 7.50 %<sup>(a)</sup> | 06/01/2029 | 254572 |
| 510000 | Clear Channel Outdoor Holdings, Inc. | 7.88 %<sup>(a)</sup> | 04/01/2030 | 526909 |
| 655000 | Clearway Energy Operating LLC | 4.75 %<sup>(a)</sup> | 03/15/2028 | 647616 |
| 825000 | Cleveland-Cliffs, Inc. | 6.88 %<sup>(a)</sup> | 11/01/2029 | 812983 |
| 780000 | Cloud Software Group, Inc. | 6.50 %<sup>(a)</sup> | 03/31/2029 | 787767 |
| 515000 | Cloud Software Group, Inc. | 9.00 %<sup>(a)</sup> | 09/30/2029 | 534290 |
| 665000 | Clydesdale Acquisition Holdings, Inc. | 6.75 %<sup>(a)</sup> | 04/15/2032 | 682884 |
| 1185000 | CNX Midstream Partners LP | 4.75 %<sup>(a)</sup> | 04/15/2030 | 1122406 |
| 800000 | CNX Resources Corp. | 6.00 %<sup>(a)</sup> | 01/15/2029 | 803718 |
| 2421000 | Comerica, Inc.<br> (SOFR + 2.16%) | 5.98% | 01/30/2030 | 2480385 |
| 4715000 | Commonwealth Edison Co. | 5.95% | 06/01/2055 | 4886686 |
| 256000 | CommScope LLC | 4.75 %<sup>(a)</sup> | 09/01/2029 | 250248 |
| 520000 | CommScope LLC | 9.50 %<sup>(a)</sup> | 12/15/2031 | 544933 |
| 400000 | CommScope Technologies LLC | 5.00 %<sup>(a)</sup> | 03/15/2027 | 389942 |
| 1035000 | Consolidated Communications, Inc. | 5.00 %<sup>(a)</sup> | 10/01/2028 | 1046580 |
| 2833000 | Consumers Energy Co. | 4.50% | 01/15/2031 | 2845050 |
| 450000 | CoreWeave, Inc. | 9.25 %<sup>(a)</sup> | 06/01/2030 | 460432 |
| 153000 | Cornerstone Building Brands, Inc. | 6.13 %<sup>(a)</sup> | 01/15/2029 | 111083 |
| 620000 | Cornerstone Building Brands, Inc. | 9.50 %<sup>(a)</sup> | 08/15/2029 | 570522 |
| 640000 | Cougar JV Subsidiary LLC | 8.00 %<sup>(a)</sup> | 05/15/2032 | 682827 |
| 1300000 | CQP Holdco LP / BIP-V Chinook Holdco LLC | 5.50 %<sup>(a)</sup> | 06/15/2031 | 1285149 |
| 5650000 | CRH SMW Finance DAC | 5.13% | 01/09/2030 | 5795544 |
| 1975000 | CSC Holdings LLC | 6.50 %<sup>(a)</sup> | 02/01/2029 | 1607621 |
| 12096000 | CSX Corp. | 3.80% | 11/01/2046 | 9395788 |
| 410000 | Dana, Inc. | 5.38% | 11/15/2027 | 411662 |
| 965000 | Dana, Inc. | 5.63% | 06/15/2028 | 971302 |
| 555000 | Dcli Bidco LLC | 7.75 %<sup>(a)</sup> | 11/15/2029 | 562661 |
| 597000 | Dealer Tire LLC / DT Issuer LLC | 8.00 %<sup>(a)</sup> | 02/01/2028 | 577171 |
| 2221000 | Dell, Inc. | 6.50% | 04/15/2038 | 2376888 |
| 2168000 | Devon Energy Corp. | 5.75% | 09/15/2054 | 1953560 |
| 410000 | Diebold Nixdorf, Inc. | 7.75 %<sup>(a)</sup> | 03/31/2030 | 435992 |
| 1105000 | Directv Financing LLC / Directv Financing Co.-Obligor, Inc. | 5.88 %<sup>(a)</sup> | 08/15/2027 | 1102084 |
| 1340000 | DISH DBS Corp. | 5.75 %<sup>(a)</sup> | 12/01/2028 | 1162450 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 660000 | DISH DBS Corp. | 5.13% | 06/01/2029 | 440550 |
| 480000 | Dornoch Debt Merger Sub, Inc. | 6.63 %<sup>(a)</sup> | 10/15/2029 | 372305 |
| 2566000 | DT Midstream, Inc. | 4.13 %<sup>(a)</sup> | 06/15/2029 | 2479963 |
| 7346000 | DTE Energy Co. | 5.85% | 06/01/2034 | 7688510 |
| 6222000 | Duke Energy Corp. | 3.95% | 08/15/2047 | 4685121 |
| 1656000 | Duke Energy Corp. | 5.00% | 08/15/2052 | 1454013 |
| 3512000 | Duke Energy Corp. | 5.80% | 06/15/2054 | 3433595 |
| 5077000 | Eastern Energy Gas Holdings LLC | 5.65% | 10/15/2054 | 4859005 |
| 1090000 | EchoStar Corp. | 10.75% | 11/30/2029 | 1123627 |
| 3133000 | EIDP, Inc. | 5.13% | 05/15/2032 | 3198019 |
| 1365000 | Elevance Health, Inc. | 4.55% | 05/15/2052 | 1117255 |
| 1245000 | Ellucian Holdings, Inc. | 6.50 %<sup>(a)</sup> | 12/01/2029 | 1276367 |
| 276000 | Embarq LLC | 8.00% | 06/01/2036 | 126719 |
| 1310000 | EMRLD Borrower LP / Emerald Co.-Issuer, Inc. | 6.63 %<sup>(a)</sup> | 12/15/2030 | 1340683 |
| 2439000 | Entergy Arkansas LLC | 5.75% | 06/01/2054 | 2420792 |
| 2384000 | Entergy Corp.<br> (5 yr. CMT Rate + 2.67%) | 7.13% | 12/01/2054 | 2472581 |
| 4823000 | Enterprise Products Operating LLC | 5.55% | 02/16/2055 | 4657751 |
| 4940000 | Evergy Kansas Central, Inc. | 5.70% | 03/15/2053 | 4881280 |
| 1438000 | Expand Energy Corp. | 6.75 %<sup>(a)</sup> | 04/15/2029 | 1456113 |
| 2471000 | Expand Energy Corp. | 4.75% | 02/01/2032 | 2404421 |
| 4945000 | Expedia Group, Inc. | 3.80% | 02/15/2028 | 4873187 |
| 4782000 | Extra Space Storage LP | 5.40% | 02/01/2034 | 4859489 |
| 255000 | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc. | 6.75 %<sup>(a)</sup> | 01/15/2030 | 235520 |
| 6064000 | First Industrial LP | 5.25% | 01/15/2031 | 6137723 |
| 4550000 | Fiserv, Inc. | 5.45% | 03/15/2034 | 4663116 |
| 2060000 | Florida Gas Transmission Co. LLC | 5.75 %<sup>(a)</sup> | 07/15/2035 | 2108910 |
| 4877000 | Flowers Foods, Inc. | 5.75% | 03/15/2035 | 5001568 |
| 580000 | Fortress Transportation and Infrastructure Investors LLC | 5.88 %<sup>(a)</sup> | 04/15/2033 | 573173 |
| 2648000 | Foundry JV Holdco LLC | 6.40 %<sup>(a)</sup> | 01/25/2038 | 2792003 |
| 810000 | Freedom Mortgage Holdings LLC | 8.38 %<sup>(a)</sup> | 04/01/2032 | 819373 |
| 480000 | Full House Resorts, Inc. | 8.25 %<sup>(a)</sup> | 02/15/2028 | 466737 |
| 825000 | Gates Corp./DE | 6.88 %<sup>(a)</sup> | 07/01/2029 | 857684 |
| 2839000 | GATX Corp. | 5.50% | 06/15/2035 | 2876830 |
| 1190000 | Genesee & Wyoming, Inc. | 6.25 %<sup>(a)</sup> | 04/15/2032 | 1215731 |
| 835000 | Genting New York LLC / GENNY Capital, Inc. | 7.25 %<sup>(a)</sup> | 10/01/2029 | 866945 |
| 4804000 | Genuine Parts Co. | 4.95% | 08/15/2029 | 4879732 |
| 2554000 | Gilead Sciences, Inc. | 5.55% | 10/15/2053 | 2522974 |
| 4877000 | Global Payments, Inc. | 4.95% | 08/15/2027 | 4935692 |
| 735000 | Goat Holdco LLC | 6.75 %<sup>(a)</sup> | 02/01/2032 | 747844 |
| 4622000 | Goldman Sachs Group, Inc.<br> (SOFR + 1.55%) | 5.33% | 07/23/2035 | 4664195 |
| 585000 | Goodyear Tire & Rubber Co. | 5.25% | 07/15/2031 | 561297 |
| 350000 | GrafTech Finance, Inc. | 4.63 %<sup>(a)</sup> | 12/23/2029 | 241500 |
| 625000 | Gray Media, Inc. | 10.50 %<sup>(a)</sup> | 07/15/2029 | 671922 |
| 2005000 | Griffon Corp. | 5.75% | 03/01/2028 | 2006031 |
| 695000 | Group 1 Automotive, Inc. | 4.00 %<sup>(a)</sup> | 08/15/2028 | 671392 |
| 820000 | Group 1 Automotive, Inc. | 6.38 %<sup>(a)</sup> | 01/15/2030 | 843565 |
| 4152000 | Guardian Life Global Funding | 4.80 %<sup>(a)</sup> | 04/28/2030 | 4225964 |
| 1225000 | Gulfport Energy Operating Corp. | 6.75 %<sup>(a)</sup> | 09/01/2029 | 1256976 |
| 1205000 | Harvest Midstream I LP | 7.50 %<sup>(a)</sup> | 05/15/2032 | 1273599 |
| 1180000 | Helios Software Holdings, Inc. / ION Corporate Solutions Finance Sarl | 4.63 %<sup>(a)</sup> | 05/01/2028 | 1117356 |
| 625000 | Herc Holdings, Inc. | 7.00 %<sup>(a)</sup> | 06/15/2030 | 653114 |
| 2493000 | Hess Midstream Operations LP | 5.88 %<sup>(a)</sup> | 03/01/2028 | 2531719 |
| 2566000 | Hess Midstream Operations LP | 5.50 %<sup>(a)</sup> | 10/15/2030 | 2579125 |
| 11739000 | Hewlett Packard Enterprise Co. | 5.00% | 10/15/2034 | 11392336 |
| 2821000 | Hexcel Corp. | 5.88% | 02/26/2035 | 2871510 |
| 975000 | Hightower Holding LLC | 6.75 %<sup>(a)</sup> | 04/15/2029 | 972520 |
| 485000 | Hilcorp Energy I LP / Hilcorp Finance Co. | 7.25 %<sup>(a)</sup> | 02/15/2035 | 474709 |
| 2384000 | Huntington Bancshares, Inc.<br> (SOFR + 1.87%) | 5.71% | 02/02/2035 | 2437281 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2857000 | Huntington Bancshares, Inc./OH<br> (SOFR + 1.28%) | 5.27% | 01/15/2031 | 2928148 |
| 9420000 | Hyundai Capital America | 5.30 %<sup>(a)</sup> | 01/08/2029 | 9574878 |
| 590000 | Icahn Enterprises LP / Icahn Enterprises Finance Corp. | 5.25% | 05/15/2027 | 572171 |
| 2440000 | Icon Investments Six DAC | 5.85% | 05/08/2029 | 2532354 |
| 2434000 | Icon Investments Six DAC | 6.00% | 05/08/2034 | 2488852 |
| 1190000 | Illuminate Buyer LLC / Illuminate Holdings IV, Inc. | 9.00 %<sup>(a)</sup> | 07/01/2028 | 1196646 |
| 1435000 | Installed Building Products, Inc. | 5.75 %<sup>(a)</sup> | 02/01/2028 | 1436567 |
| 4131000 | Intuit, Inc. | 5.50% | 09/15/2053 | 4104839 |
| 3294000 | IQVIA, Inc. | 6.25% | 02/01/2029 | 3445000 |
| 780000 | IQVIA, Inc. | 6.25 %<sup>(a)</sup> | 06/01/2032 | 801425 |
| 1030000 | Iron Mountain, Inc. | 7.00 %<sup>(a)</sup> | 02/15/2029 | 1066942 |
| 240000 | Iron Mountain, Inc. | 6.25 %<sup>(a)</sup> | 01/15/2033 | 246937 |
| 3367000 | Jacobs Engineering Group, Inc. | 5.90% | 03/01/2033 | 3505526 |
| 500000 | JetBlue Airways Corp. / JetBlue Loyalty LP | 9.88 %<sup>(a)</sup> | 09/20/2031 | 486753 |
| 4168000 | JPMorgan Chase & Co.<br> (SOFR + 1.01%) | 5.14% | 01/24/2031 | 4275242 |
| 4667000 | JPMorgan Chase & Co.<br> (SOFR + 1.44%) | 5.10% | 04/22/2031 | 4783947 |
| 9246000 | JPMorgan Chase & Co.<br> (SOFR + 1.46%) | 5.29% | 07/22/2035 | 9412737 |
| 4690000 | Keurig Dr Pepper, Inc. | 5.20% | 03/15/2031 | 4842141 |
| 6459000 | Kinder Morgan Energy Partners LP | 6.95% | 01/15/2038 | 7167473 |
| 2421000 | Kinetik Holdings LP | 5.88 %<sup>(a)</sup> | 06/15/2030 | 2443055 |
| 1285000 | Kodiak Gas Services LLC | 7.25 %<sup>(a)</sup> | 02/15/2029 | 1330041 |
| 9062000 | Kyndryl Holdings, Inc. | 4.10% | 10/15/2041 | 7227667 |
| 11749000 | Laboratory Corp. of America Holdings | 4.80% | 10/01/2034 | 11491229 |
| 530000 | Level 3 Financing, Inc. | 3.75 %<sup>(a)</sup> | 07/15/2029 | 448512 |
| 890000 | Level 3 Financing, Inc. | 4.50 %<sup>(a)</sup> | 04/01/2030 | 809900 |
| 1155000 | Level 3 Financing, Inc. | 6.88 %<sup>(a)</sup> | 06/30/2033 | 1176071 |
| 870000 | LFS Topco LLC | 5.88 %<sup>(a)</sup> | 10/15/2026 | 870487 |
| 310000 | LFS Topco LLC | 8.75 %<sup>(a)</sup> | 07/15/2030 | 305190 |
| 1335000 | Life Time, Inc. | 6.00 %<sup>(a)</sup> | 11/15/2031 | 1357128 |
| 740000 | LifePoint Health, Inc. | 10.00 %<sup>(a)</sup> | 06/01/2032 | 764357 |
| 625000 | Light & Wonder International, Inc. | 7.25 %<sup>(a)</sup> | 11/15/2029 | 644300 |
| 740000 | Lightning Power LLC | 7.25 %<sup>(a)</sup> | 08/15/2032 | 779295 |
| 4789000 | Lineage OP LP | 5.25 %<sup>(a)</sup> | 07/15/2030 | 4819910 |
| 2839000 | Lowe's Cos., Inc. | 5.63% | 04/15/2053 | 2732711 |
| 1235000 | M/I Homes, Inc. | 4.95% | 02/01/2028 | 1228025 |
| 1435000 | Madison IAQ LLC | 5.88 %<sup>(a)</sup> | 06/30/2029 | 1412613 |
| 4771000 | Marriott International, Inc./MD | 5.30% | 05/15/2034 | 4831229 |
| 5041000 | Mars, Inc. | 5.70 %<sup>(a)</sup> | 05/01/2055 | 5032280 |
| 9062000 | Marvell Technology, Inc. | 5.95% | 09/15/2033 | 9574360 |
| 5262000 | Massachusetts Mutual Life Insurance Co. | 3.20 %<sup>(a)</sup> | 12/01/2061 | 3189390 |
| 4804000 | MasTec, Inc. | 5.90% | 06/15/2029 | 4972865 |
| 1040000 | Matador Resources Co. | 6.50 %<sup>(a)</sup> | 04/15/2032 | 1041228 |
| 1330000 | Match Group Holdings II LLC | 5.00 %<sup>(a)</sup> | 12/15/2027 | 1323662 |
| 275000 | Mativ Holdings, Inc. | 8.00 %<sup>(a)</sup> | 10/01/2029 | 249515 |
| 255000 | McAfee Corp. | 7.38 %<sup>(a)</sup> | 02/15/2030 | 241068 |
| 5476000 | McDonald's Corp. | 4.45% | 03/01/2047 | 4632511 |
| 685000 | McGraw-Hill Education, Inc. | 5.75 %<sup>(a)</sup> | 08/01/2028 | 689599 |
| 250000 | McGraw-Hill Education, Inc. | 7.38 %<sup>(a)</sup> | 09/01/2031 | 260975 |
| 1365000 | Medline Borrower LP | 5.25 %<sup>(a)</sup> | 10/01/2029 | 1355356 |
| 765000 | Medline Borrower LP/Medline Co.-Issuer, Inc. | 6.25 %<sup>(a)</sup> | 04/01/2029 | 786828 |
| 2839000 | Meritage Homes Corp. | 5.65% | 03/15/2035 | 2849164 |
| 5394000 | Meta Platforms, Inc. | 4.45% | 08/15/2052 | 4551036 |
| 4168000 | MetLife, Inc.<br> (5 yr. CMT Rate + 2.08%) | 6.35% | 03/15/2055 | 4287526 |
| 505000 | Michaels Cos., Inc. | 5.25 %<sup>(a)</sup> | 05/01/2028 | 406273 |
| 1238000 | Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp. | 4.88 %<sup>(a)</sup> | 05/01/2029 | 1193298 |
| 1300000 | Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC | 6.75 %<sup>(a)</sup> | 04/01/2032 | 1334168 |
| 4658000 | Molex Electronic Technologies LLC | 5.25 %<sup>(a)</sup> | 04/30/2032 | 4728431 |
| 2421000 | Morgan Stanley<br> (5 yr. CMT Rate + 2.43%) | 5.95% | 01/19/2038 | 2491486 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 4669000 | Morgan Stanley<br> (5 yr. CMT Rate + 1.80%) | 5.94% | 02/07/2039 | 4794480 |
| 3946000 | Motorola Solutions, Inc. | 5.20% | 08/15/2032 | 4013717 |
| 835000 | Nabors Industries, Inc. | 9.13 %<sup>(a)</sup> | 01/31/2030 | 800175 |
| 2020000 | National Fuel Gas Co. | 5.95% | 03/15/2035 | 2066436 |
| 335000 | Navient Corp. | 5.00% | 03/15/2027 | 333879 |
| 350000 | Navient Corp. | 7.88% | 06/15/2032 | 364437 |
| 181000 | NCL Corp. Ltd. | 5.88 %<sup>(a)</sup> | 03/15/2026 | 181944 |
| 205000 | NCL Corp. Ltd. | 6.25 %<sup>(a)</sup> | 03/01/2030 | 206878 |
| 495000 | NCL Corp. Ltd. | 6.75 %<sup>(a)</sup> | 02/01/2032 | 506015 |
| 2332000 | NetApp, Inc. | 5.50% | 03/17/2032 | 2402863 |
| 3549000 | Netflix, Inc. | 5.40% | 08/15/2054 | 3505151 |
| 4612000 | Newmont Corp. / Newcrest Finance Pty Ltd. | 5.35% | 03/15/2034 | 4734245 |
| 2275000 | NextEra Energy Capital Holdings, Inc.<br> (5 yr. CMT Rate + 2.46%) | 6.75% | 06/15/2054 | 2365932 |
| 345000 | NGL Energy Operating LLC / NGL Energy Finance Corp. | 8.13 %<sup>(a)</sup> | 02/15/2029 | 348818 |
| 5605000 | NGPL PipeCo LLC | 3.25 %<sup>(a)</sup> | 07/15/2031 | 5000233 |
| 1602000 | Niagara Mohawk Power Corp. | 4.65 %<sup>(a)</sup> | 10/03/2030 | 1602000 |
| 4802000 | NiSource, Inc. | 5.35% | 04/01/2034 | 4885045 |
| 2384000 | NiSource, Inc.<br> (5 yr. CMT Rate + 2.45%) | 6.95% | 11/30/2054 | 2487628 |
| 4149000 | NiSource, Inc. | 5.85% | 04/01/2055 | 4109819 |
| 2024000 | Norfolk Southern Corp. | 5.10% | 05/01/2035 | 2035019 |
| 4976000 | Northrop Grumman Corp. | 5.20% | 06/01/2054 | 4641248 |
| 1000000 | Novelis Corp. | 4.75 %<sup>(a)</sup> | 01/30/2030 | 958822 |
| 490000 | Novelis Corp. | 6.88 %<sup>(a)</sup> | 01/30/2030 | 506932 |
| 745000 | NRG Energy, Inc. | 6.00 %<sup>(a)</sup> | 02/01/2033 | 752890 |
| 1650000 | NuStar Logistics LP | 6.00% | 06/01/2026 | 1657300 |
| 480000 | Olin Corp. | 6.63 %<sup>(a)</sup> | 04/01/2033 | 473025 |
| 2512000 | Omega Healthcare Investors, Inc. | 4.75% | 01/15/2028 | 2524396 |
| 2876000 | Omega Healthcare Investors, Inc. | 3.25% | 04/15/2033 | 2484121 |
| 98000 | OneMain Finance Corp. | 7.13% | 03/15/2026 | 99512 |
| 1525000 | OneMain Finance Corp. | 7.50% | 05/15/2031 | 1594490 |
| 410000 | OneMain Finance Corp. | 7.13% | 09/15/2032 | 424973 |
| 2384000 | ONEOK, Inc. | 5.38% | 06/01/2029 | 2435825 |
| 1766000 | Oracle Corp. | 3.80% | 11/15/2037 | 1512760 |
| 3149000 | Oracle Corp. | 5.38% | 09/27/2054 | 2880713 |
| 2475000 | O'Reilly Automotive, Inc. | 5.00% | 08/19/2034 | 2452593 |
| 1220000 | Outfront Media Capital LLC / Outfront Media Capital Corp. | 7.38 %<sup>(a)</sup> | 02/15/2031 | 1292558 |
| 2275000 | Owens Corning | 5.70% | 06/15/2034 | 2364058 |
| 1035000 | Panther Escrow Issuer LLC | 7.13 %<sup>(a)</sup> | 06/01/2031 | 1075785 |
| 1755000 | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer | 7.00 %<sup>(a)</sup> | 02/01/2030 | 1806007 |
| 9243000 | Paychex, Inc. | 5.35% | 04/15/2032 | 9495241 |
| 270000 | PBF Holding Co. LLC / PBF Finance Corp. | 6.00% | 02/15/2028 | 258434 |
| 470000 | Penn Entertainment, Inc. | 4.13 %<sup>(a)</sup> | 07/01/2029 | 435799 |
| 690000 | PennyMac Financial Services, Inc. | 4.25 %<sup>(a)</sup> | 02/15/2029 | 663984 |
| 775000 | PennyMac Financial Services, Inc. | 7.88 %<sup>(a)</sup> | 12/15/2029 | 823517 |
| 420000 | PennyMac Financial Services, Inc. | 6.88 %<sup>(a)</sup> | 05/15/2032 | 429700 |
| 4895000 | Penske Truck Leasing Co. Lp / PTL Finance Corp. | 5.25 %<sup>(a)</sup> | 02/01/2030 | 5011854 |
| 1220000 | Permian Resources Operating LLC | 7.00 %<sup>(a)</sup> | 01/15/2032 | 1265515 |
| 3041000 | Permian Resources Operating LLC | 6.25 %<sup>(a)</sup> | 02/01/2033 | 3071182 |
| 1345000 | PetSmart, Inc. / PetSmart Finance Corp. | 7.75 %<sup>(a)</sup> | 02/15/2029 | 1308311 |
| 4643000 | Philip Morris International, Inc. | 5.38% | 02/15/2033 | 4796792 |
| 4295000 | Philip Morris International, Inc. | 5.25% | 02/13/2034 | 4382965 |
| 3694000 | Phillips Edison Grocery Center Operating Partnership I LP | 5.75% | 07/15/2034 | 3801710 |
| 655000 | Pike Corp. | 8.63 %<sup>(a)</sup> | 01/31/2031 | 713183 |
| 980000 | Post Holdings, Inc. | 6.38 %<sup>(a)</sup> | 03/01/2033 | 991385 |
| 375000 | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp. | 5.63 %<sup>(a)</sup> | 09/01/2029 | 215156 |
| 545000 | Prime Security Services Borrower LLC / Prime Finance, Inc. | 6.25 %<sup>(a)</sup> | 01/15/2028 | 546344 |
| 785000 | Primo Water Holdings, Inc. / Triton Water Holdings, Inc. | 6.25 %<sup>(a)</sup> | 04/01/2029 | 791123 |
| 3094000 | Prudential Financial, Inc. | 5.20% | 03/14/2035 | 3128790 |
| 1626000 | PSEG Power LLC | 5.20 %<sup>(a)</sup> | 05/15/2030 | 1659965 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2839000 | Qorvo, Inc. | 3.38 %<sup>(a)</sup> | 04/01/2031 | 2562613 |
| 4710000 | Quanta Services, Inc. | 5.25% | 08/09/2034 | 4770675 |
| 4771000 | Quest Diagnostics, Inc. | 5.00% | 12/15/2034 | 4749746 |
| 1105000 | Quikrete Holdings, Inc. | 6.75 %<sup>(a)</sup> | 03/01/2033 | 1140858 |
| 425000 | QXO Building Products, Inc. | 6.75 %<sup>(a)</sup> | 04/30/2032 | 438898 |
| 210000 | Radiate Holdco LLC / Radiate Finance, Inc. | 4.50 %<sup>(a)</sup> | 09/15/2026 | 179742 |
| 346015 | Radiology Partners, Inc.<br> 9.78 Cash or 9.78% PIK | 9.78 %<sup>(a)</sup> | 02/15/2030 | 340392 |
| 1065000 | Radiology Partners, Inc. | 8.50 %<sup>(a)</sup> | 07/15/2032 | 1068813 |
| 2895000 | Realty Income Corp. | 5.13% | 04/15/2035 | 2899859 |
| 1911000 | Regal Rexnord Corp. | 6.05% | 02/15/2026 | 1922328 |
| 2803000 | Regal Rexnord Corp. | 6.05% | 04/15/2028 | 2889261 |
| 4734000 | Rentokil Terminix Funding LLC | 5.00 %<sup>(a)</sup> | 04/28/2030 | 4769118 |
| 9315000 | Republic Services, Inc. | 5.15% | 03/15/2035 | 9502091 |
| 865000 | RFNA LP | 7.88 %<sup>(a)</sup> | 02/15/2030 | 885885 |
| 960000 | RHP Hotel Properties LP / RHP Finance Corp. | 6.50 %<sup>(a)</sup> | 06/15/2033 | 988196 |
| 1930000 | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp. | 6.63 %<sup>(a)</sup> | 02/01/2033 | 1934039 |
| 575000 | Rocket Cos., Inc. | 6.13 %<sup>(a)</sup> | 08/01/2030 | 586302 |
| 575000 | Rocket Cos., Inc. | 6.38 %<sup>(a)</sup> | 08/01/2033 | 589059 |
| 2075000 | Rollins, Inc. | 5.25% | 02/24/2035 | 2083684 |
| 4618000 | Royal Caribbean Cruises Ltd. | 5.38 %<sup>(a)</sup> | 07/15/2027 | 4648184 |
| 490000 | Royal Caribbean Cruises Ltd. | 5.63 %<sup>(a)</sup> | 09/30/2031 | 493300 |
| 4649000 | Royalty Pharma PLC | 5.40% | 09/02/2034 | 4712697 |
| 2366000 | Sabra Health Care LP | 3.20% | 12/01/2031 | 2109609 |
| 156000 | Sabre GLBL, Inc. | 8.63 %<sup>(a)</sup> | 06/01/2027 | 159803 |
| 520000 | Sabre GLBL, Inc. | 10.75 %<sup>(a)</sup> | 11/15/2029 | 536274 |
| 3149000 | Santander Holdings USA, Inc.<br> (SOFR + 1.61%) | 5.47% | 03/20/2029 | 3202479 |
| 1270000 | Sealed Air Corp./Sealed Air Corp. US | 7.25 %<sup>(a)</sup> | 02/15/2031 | 1338235 |
| 965000 | Select Medical Corp. | 6.25 %<sup>(a)</sup> | 12/01/2032 | 971399 |
| 260000 | Service Properties Trust | 5.50% | 12/15/2027 | 257770 |
| 550000 | Service Properties Trust | 8.88% | 06/15/2032 | 565999 |
| 1100000 | Sirius XM Radio LLC | 5.50 %<sup>(a)</sup> | 07/01/2029 | 1093467 |
| 605000 | Sitio Royalties Operating Partnership LP / Sitio Finance Corp. | 7.88 %<sup>(a)</sup> | 11/01/2028 | 633855 |
| 1100000 | Six Flags Entertainment Corp. | 7.25 %<sup>(a)</sup> | 05/15/2031 | 1131142 |
| 665000 | Six Flags Entertainment Corp. / Canada's Wonderland Co. / Magnum Management Corp. | 5.25% | 07/15/2029 | 651646 |
| 720000 | SM Energy Co. | 7.00 %<sup>(a)</sup> | 08/01/2032 | 710228 |
| 700000 | Sonic Automotive, Inc. | 4.63 %<sup>(a)</sup> | 11/15/2029 | 679690 |
| 2512000 | Sonoco Products Co. | 4.60% | 09/01/2029 | 2507389 |
| 3330000 | Southern Co.<br> (5 yr. CMT Rate + 2.07%) | 6.38% | 03/15/2055 | 3434805 |
| 3622000 | Southwestern Electric Power Co. | 3.25% | 11/01/2051 | 2343747 |
| 625000 | Standard Building Solutions, Inc. | 6.50 %<sup>(a)</sup> | 08/15/2032 | 640803 |
| 795000 | Staples, Inc. | 10.75 %<sup>(a)</sup> | 09/01/2029 | 756383 |
| 605000 | Star Leasing Co. LLC | 7.63 %<sup>(a)</sup> | 02/15/2030 | 600446 |
| 850000 | Starwood Property Trust, Inc. | 7.25 %<sup>(a)</sup> | 04/01/2029 | 895110 |
| 405000 | Starwood Property Trust, Inc. | 6.00 %<sup>(a)</sup> | 04/15/2030 | 409906 |
| 170000 | Starz Capital Holdings LLC | 5.50 %<sup>(a)</sup> | 04/15/2029 | 141797 |
| 3917000 | State Street Corp.<br> (SOFR + 0.95%) | 4.54% | 04/24/2028 | 3943361 |
| 625000 | Station Casinos LLC | 6.63 %<sup>(a)</sup> | 03/15/2032 | 639461 |
| 685000 | Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.00 %<sup>(a)</sup> | 06/01/2031 | 648505 |
| 5701000 | Sun Communities Operating LP | 2.70% | 07/15/2031 | 5055675 |
| 1130000 | SunCoke Energy, Inc. | 4.88 %<sup>(a)</sup> | 06/30/2029 | 1052638 |
| 635000 | Sunoco LP / Sunoco Finance Corp. | 6.00% | 04/15/2027 | 635223 |
| 210000 | SWF Holdings I Corp. | 6.50 %<sup>(a)</sup> | 10/01/2029 | 81375 |
| 4890000 | Takeda US Financing, Inc. | 5.90% | 07/07/2055 | 4918166 |
| 1205000 | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. | 7.38 %<sup>(a)</sup> | 02/15/2029 | 1239241 |
| 1074000 | Targa Resources Corp. | 5.50% | 02/15/2035 | 1078282 |
| 950000 | Tenet Healthcare Corp. | 6.25% | 02/01/2027 | 950557 |
| 835000 | Tenet Healthcare Corp. | 6.13% | 10/01/2028 | 836692 |
| 1320000 | Tenet Healthcare Corp. | 6.13% | 06/15/2030 | 1344597 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2421000 | The Campbell's Co. | 5.40% | 03/21/2034 | 2460307 |
| 5405000 | T-Mobile USA, Inc. | 3.40% | 10/15/2052 | 3613846 |
| 3112000 | T-Mobile USA, Inc. | 5.25% | 06/15/2055 | 2844086 |
| 3003000 | T-Mobile USA, Inc. | 5.88% | 11/15/2055 | 3003875 |
| 9216000 | Trans-Allegheny Interstate Line Co. | 5.00 %<sup>(a)</sup> | 01/15/2031 | 9380913 |
| 1245000 | TransDigm, Inc. | 6.88 %<sup>(a)</sup> | 12/15/2030 | 1292687 |
| 1140000 | TransDigm, Inc. | 6.38 %<sup>(a)</sup> | 05/31/2033 | 1143883 |
| 519750 | Transocean Poseidon Ltd. | 6.88 %<sup>(a)</sup> | 02/01/2027 | 520942 |
| 351000 | Transocean, Inc. | 8.00 %<sup>(a)</sup> | 02/01/2027 | 346008 |
| 1075000 | Trident TPI Holdings, Inc. | 12.75 %<sup>(a)</sup> | 12/31/2028 | 1141683 |
| 2075000 | Truist Financial Corp.<br> (SOFR + 2.45%) | 7.16% | 10/30/2029 | 2244901 |
| 4700000 | Truist Financial Corp.<br> (SOFR + 1.57%) | 5.15% | 08/05/2032 | 4792931 |
| 5415000 | Uber Technologies, Inc. | 4.50 %<sup>(a)</sup> | 08/15/2029 | 5386931 |
| 4859000 | Uber Technologies, Inc. | 4.80% | 09/15/2034 | 4775845 |
| 655000 | UKG, Inc. | 6.88 %<sup>(a)</sup> | 02/01/2031 | 680021 |
| 1255000 | United Airlines, Inc. | 4.63 %<sup>(a)</sup> | 04/15/2029 | 1219051 |
| 2060000 | United Natural Foods, Inc. | 6.75 %<sup>(a)</sup> | 10/15/2028 | 2035202 |
| 491000 | Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC | 10.50 %<sup>(a)</sup> | 02/15/2028 | 520849 |
| 480000 | Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC | 8.63 %<sup>(a)</sup> | 06/15/2032 | 485284 |
| 1000000 | Univision Communications, Inc. | 4.50 %<sup>(a)</sup> | 05/01/2029 | 910177 |
| 260000 | Univision Communications, Inc. | 8.50 %<sup>(a)</sup> | 07/31/2031 | 260523 |
| 445000 | Upbound Group, Inc. | 6.38 %<sup>(a)</sup> | 02/15/2029 | 440752 |
| 1725000 | US Foods, Inc. | 5.75 %<sup>(a)</sup> | 04/15/2033 | 1727502 |
| 500000 | Vail Resorts, Inc. | 6.50 %<sup>(a)</sup> | 05/15/2032 | 516942 |
| 940000 | Venture Global LNG, Inc. | 8.13 %<sup>(a)</sup> | 06/01/2028 | 972119 |
| 575000 | Venture Global LNG, Inc. | 8.38 %<sup>(a)</sup> | 06/01/2031 | 597627 |
| 330000 | Venture Global LNG, Inc. | 9.88 %<sup>(a)</sup> | 02/01/2032 | 356594 |
| 215000 | Venture Global Plaquemines LNG LLC | 7.50 %<sup>(a)</sup> | 05/01/2033 | 230376 |
| 670000 | Venture Global Plaquemines LNG LLC | 6.50 %<sup>(a)</sup> | 01/15/2034 | 670000 |
| 4690000 | Veralto Corp. | 5.35% | 09/18/2028 | 4836291 |
| 6078000 | VeriSign, Inc. | 5.25% | 06/01/2032 | 6196579 |
| 4710000 | Verisk Analytics, Inc. | 5.25% | 06/05/2034 | 4813010 |
| 4976000 | VICI Properties LP / VICI Note Co., Inc. | 4.63 %<sup>(a)</sup> | 12/01/2029 | 4890693 |
| 1020000 | Victra Holdings LLC / Victra Finance Corp. | 8.75 %<sup>(a)</sup> | 09/15/2029 | 1069858 |
| 1415000 | Viking Cruises Ltd. | 5.88 %<sup>(a)</sup> | 09/15/2027 | 1416675 |
| 1729000 | Virginia Electric and Power Co. | 5.55% | 08/15/2054 | 1676043 |
| 760000 | Vistra Operations Co. LLC | 7.75 %<sup>(a)</sup> | 10/15/2031 | 808301 |
| 775000 | Vistra Operations Co. LLC | 6.88 %<sup>(a)</sup> | 04/15/2032 | 810752 |
| 530000 | Vital Energy, Inc. | 7.88 %<sup>(a)</sup> | 04/15/2032 | 453572 |
| 27360 | Vortex Opco LLC<br> (3 mo. Term SOFR + 6.25%, 0.50% Floor) | 10.54 %<sup>(a)</sup> | 04/30/2030 | 27018 |
| 735000 | Voyager Parent LLC | 9.25 %<sup>(a)</sup> | 07/01/2032 | 765173 |
| 1055000 | VT Topco, Inc. | 8.50 %<sup>(a)</sup> | 08/15/2030 | 1113137 |
| 190000 | Walgreens Boots Alliance, Inc. | 4.80% | 11/18/2044 | 181623 |
| 760000 | Walker & Dunlop, Inc. | 6.63 %<sup>(a)</sup> | 04/01/2033 | 781738 |
| 790000 | Wand NewCo 3, Inc. | 7.63 %<sup>(a)</sup> | 01/30/2032 | 830945 |
| 3959000 | Waste Connections, Inc. | 5.25% | 09/01/2035 | 4049363 |
| 1255000 | Watco Cos. LLC / Watco Finance Corp. | 7.13 %<sup>(a)</sup> | 08/01/2032 | 1312800 |
| 615000 | Wayfair LLC | 7.25 %<sup>(a)</sup> | 10/31/2029 | 616813 |
| 335000 | Weatherford International Ltd. | 8.63 %<sup>(a)</sup> | 04/30/2030 | 345515 |
| 9693000 | Wells Fargo & Co.<br> (SOFR + 1.50%) | 5.15% | 04/23/2031 | 9930071 |
| 7049000 | Wells Fargo & Co.<br> (SOFR + 2.06%) | 6.49% | 10/23/2034 | 7707597 |
| 440000 | WESCO Distribution, Inc. | 6.38 %<sup>(a)</sup> | 03/15/2033 | 455088 |
| 4684000 | Westinghouse Air Brake Technologies Corp. | 4.90% | 05/29/2030 | 4751830 |
| 580000 | Whirlpool Corp. | 6.50% | 06/15/2033 | 582402 |
| 790000 | Windstream Services LLC / Windstream Escrow Finance Corp. | 8.25 %<sup>(a)</sup> | 10/01/2031 | 828031 |
| 4550000 | Workday, Inc. | 3.70% | 04/01/2029 | 4445432 |
| 2639000 | Workday, Inc. | 3.80% | 04/01/2032 | 2480729 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 625000 | WR Grace Holdings LLC | 5.63 %<sup>(a)</sup> | 08/15/2029 | 566329 |
| 1215000 | Wyndham Hotels & Resorts, Inc. | 4.38 %<sup>(a)</sup> | 08/15/2028 | 1189350 |
| 3250000 | XHR LP | 6.63 %<sup>(a)</sup> | 05/15/2030 | 3315380 |
| 1510000 | XPO, Inc. | 7.13 %<sup>(a)</sup> | 06/01/2031 | 1584449 |
| 4741000 | Zimmer Biomet Holdings, Inc. | 5.20% | 09/15/2034 | 4758949 |
|  | **Total US Corporate Bonds (Cost $996,122,362)** |  |  | **989715488** |
| **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 22.4%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 22.4%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 22.4%** |  |  |
|  | Fannie Mae Whole Loan |  |  |  |
| 104155 | &nbsp;&nbsp;Series 2003-W17-1A7 | 5.75% | 08/25/2033 | 105661 |
|  | Federal Home Loan Mortgage Corp. |  |  |  |
| 181893 | &nbsp;&nbsp;Pool G01840 | 5.00% | 07/01/2035 | 184692 |
| 107564 | &nbsp;&nbsp;Pool G04817 | 5.00% | 09/01/2038 | 109269 |
| 4493240 | &nbsp;&nbsp;Pool G08537 | 3.00% | 07/01/2043 | 4064205 |
| 2505272 | &nbsp;&nbsp;Pool G08622 | 3.00% | 01/01/2045 | 2233028 |
| 2385927 | &nbsp;&nbsp;Pool G08686 | 3.00% | 01/01/2046 | 2126040 |
| 8879204 | &nbsp;&nbsp;Pool G08701 | 3.00% | 04/01/2046 | 7907378 |
| 589728 | &nbsp;&nbsp;Pool G08737 | 3.00% | 12/01/2046 | 522790 |
| 5251203 | &nbsp;&nbsp;Pool G61645 | 4.00% | 10/01/2048 | 4974073 |
| 736082 | &nbsp;&nbsp;Pool N70081 | 5.50% | 07/01/2038 | 749449 |
| 4267576 | &nbsp;&nbsp;Pool Q33789 | 3.50% | 06/01/2045 | 3996502 |
| 8182483 | &nbsp;&nbsp;Pool QX1615 | 5.50% | 12/01/2054 | 8280205 |
| 7238617 | &nbsp;&nbsp;Pool RA3722 | 2.50% | 10/01/2050 | 6119573 |
| 36227505 | &nbsp;&nbsp;Pool RA9843 | 5.50% | 09/01/2053 | 36478596 |
| 6814492 | &nbsp;&nbsp;Pool SD0699 | 2.00% | 11/01/2050 | 5555500 |
| 11426552 | &nbsp;&nbsp;Pool SD2759 | 5.50% | 05/01/2053 | 11526250 |
| 22459021 | &nbsp;&nbsp;Pool SD2912 | 5.00% | 05/01/2053 | 22183662 |
| 37717901 | &nbsp;&nbsp;Pool SD2969 | 2.50% | 05/01/2052 | 31831042 |
| 26267442 | &nbsp;&nbsp;Pool SD3721 | 5.00% | 07/01/2053 | 25965220 |
| 17935603 | &nbsp;&nbsp;Pool SD3892 | 5.50% | 09/01/2053 | 18058116 |
| 22699603 | &nbsp;&nbsp;Pool SD4301 | 6.00% | 11/01/2053 | 23524652 |
| 9683948 | &nbsp;&nbsp;Pool SD4400 | 2.00% | 02/01/2051 | 7794410 |
| 5127757 | &nbsp;&nbsp;Pool SD4658 | 5.00% | 06/01/2053 | 5087382 |
| 14302255 | &nbsp;&nbsp;Pool SD4882 | 6.00% | 02/01/2054 | 14822099 |
| 18589515 | &nbsp;&nbsp;Pool SD4888 | 6.00% | 02/01/2054 | 19089024 |
| 13993812 | &nbsp;&nbsp;Pool SD5598 | 5.50% | 05/01/2054 | 14146861 |
| 29357149 | &nbsp;&nbsp;Pool SD5726 | 3.00% | 07/01/2052 | 25661178 |
| 6400864 | &nbsp;&nbsp;Pool SD5964 | 5.50% | 11/01/2053 | 6474128 |
| 24586321 | &nbsp;&nbsp;Pool SD7162 | 5.50% | 12/01/2054 | 24885639 |
| 52177905 | &nbsp;&nbsp;Pool SD7538 | 2.00% | 04/01/2051 | 42489213 |
| 47843590 | &nbsp;&nbsp;Pool SD7553 | 3.00% | 03/01/2052 | 42141404 |
| 17011809 | &nbsp;&nbsp;Pool SD7562 | 5.50% | 04/01/2053 | 17215212 |
| 22544962 | &nbsp;&nbsp;Pool SD7564 | 5.00% | 06/01/2053 | 22364826 |
| 17757735 | &nbsp;&nbsp;Pool SD7565 | 5.50% | 09/01/2053 | 17990621 |
| 8477514 | &nbsp;&nbsp;Pool SD7567 | 5.50% | 02/01/2054 | 8581798 |
| 13218353 | &nbsp;&nbsp;Pool SD7568 | 5.50% | 02/01/2054 | 13386808 |
| 35234648 | &nbsp;&nbsp;Pool SL0312 | 6.00% | 01/01/2055 | 36515325 |
| 692862 | &nbsp;&nbsp;Pool T60854 | 3.50% | 09/01/2042 | 636242 |
| 129799 | &nbsp;&nbsp;Pool U60299 | 4.00% | 11/01/2040 | 124692 |
| 26447449 | &nbsp;&nbsp;Pool WS4034 | 3.75% | 01/01/2034 | 24832808 |
| 9565115 | &nbsp;&nbsp;Pool ZT1827 | 3.00% | 07/01/2047 | 8491146 |
| 23217 | &nbsp;&nbsp;Series 2692-SC (-2 x 30 day avg SOFR US + 13.06%, 0.00% Floor, 13.29% Cap) | 4.45 %<sup>(j)</sup> | 07/15/2033 | 24370 |
| 516748 | &nbsp;&nbsp;Series 2722-PS (-1 x 30 day avg SOFR US + 9.76%, 0.00% Floor, 9.89% Cap) | 4.98 %<sup>(j)</sup> | 12/15/2033 | 537932 |
| 21170 | &nbsp;&nbsp;Series 2750-ZT | 5.00% | 02/15/2034 | 21611 |
| 54732 | &nbsp;&nbsp;Series 3002-SN (-1 x 30 day avg SOFR US + 6.39%, 0.00% Floor, 6.50% Cap) | 2.08 %<sup>(h)(j)</sup> | 07/15/2035 | 4239 |
| 26426 | &nbsp;&nbsp;Series 3045-DI (-1 x 30 day avg SOFR US + 6.62%, 0.00% Floor, 6.73% Cap) | 2.31 %<sup>(h)(j)</sup> | 10/15/2035 | 2374 |
| 92835 | &nbsp;&nbsp;Series 3116-Z | 5.50% | 02/15/2036 | 96626 |
| 7222 | &nbsp;&nbsp;Series 3117-ZN | 4.50% | 02/15/2036 | 7218 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 25306 | &nbsp;&nbsp;Series 3275-SC (-1 x 30 day avg SOFR US + 5.97%, 0.00% Floor, 6.08% Cap) | 1.66 %<sup>(h)(j)</sup> | 02/15/2037 | 2141 |
| 77232 | &nbsp;&nbsp;Series 3382-SB (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(h)(j)</sup> | 11/15/2037 | 5363 |
| 89814 | &nbsp;&nbsp;Series 3384-S (-1 x 30 day avg SOFR US + 6.28%, 0.00% Floor, 6.39% Cap) | 1.97 %<sup>(h)(j)</sup> | 11/15/2037 | 6114 |
| 29573 | &nbsp;&nbsp;Series 3417-SX (-1 x 30 day avg SOFR US + 6.07%, 0.00% Floor, 6.18% Cap) | 1.76 %<sup>(h)(j)</sup> | 02/15/2038 | 2355 |
| 10055 | &nbsp;&nbsp;Series 3423-GS (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap) | 1.23 %<sup>(h)(j)</sup> | 03/15/2038 | 694 |
| 10055 | &nbsp;&nbsp;Series 3423-SG (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap) | 1.23 %<sup>(h)(j)</sup> | 03/15/2038 | 682 |
| 44386 | &nbsp;&nbsp;Series 3524-LB | 3.23 %<sup>(c)</sup> | 06/15/2038 | 42357 |
| 28072 | &nbsp;&nbsp;Series 3562-WS (-1 x 30 day avg SOFR US + 4.84%, 0.00% Floor, 4.95% Cap) | 0.53 %<sup>(h)(j)</sup> | 08/15/2039 | 1472 |
| 99222 | &nbsp;&nbsp;Series 3582-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(h)(j)</sup> | 10/15/2049 | 8733 |
| 50324 | &nbsp;&nbsp;Series 3616-SG (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap) | 1.93 %<sup>(h)(j)</sup> | 03/15/2032 | 2146 |
| 319388 | &nbsp;&nbsp;Series 3626-AZ | 5.50% | 08/15/2036 | 332021 |
| 142106 | &nbsp;&nbsp;Series 3666-SC (-1 x 30 day avg SOFR US + 5.66%, 0.00% Floor, 5.77% Cap) | 1.35 %<sup>(h)(j)</sup> | 05/15/2040 | 10470 |
| 311159 | &nbsp;&nbsp;Series 3779-YA | 3.50% | 12/15/2030 | 306745 |
| 162797 | &nbsp;&nbsp;Series 3786-SG (-2 x 30 day avg SOFR US + 9.27%, 0.00% Floor, 9.50% Cap) | 0.66 %<sup>(j)</sup> | 01/15/2041 | 124089 |
| 101340 | &nbsp;&nbsp;Series 3792-SE (-2 x 30 day avg SOFR US + 9.63%, 0.00% Floor, 9.86% Cap) | 1.02 %<sup>(j)</sup> | 01/15/2041 | 66013 |
| 286295 | &nbsp;&nbsp;Series 3806-CZ | 5.50% | 07/15/2034 | 297646 |
| 448898 | &nbsp;&nbsp;Series 3818-CZ | 4.50% | 03/15/2041 | 444545 |
| 251282 | &nbsp;&nbsp;Series 3828-SW (-3 x 30 day avg SOFR US + 12.86%, 0.00% Floor, 13.20% Cap) | 0.00 %<sup>(j)</sup> | 02/15/2041 | 204036 |
| 1728131 | &nbsp;&nbsp;Series 3889-VZ | 4.00% | 07/15/2041 | 1673597 |
| 676640 | &nbsp;&nbsp;Series 3972-AZ | 3.50% | 12/15/2041 | 638510 |
| 1916934 | &nbsp;&nbsp;Series 4291-MS (-1 x 30 day avg SOFR US + 5.79%, 0.00% Floor, 5.90% Cap) | 1.48 %<sup>(h)(j)</sup> | 01/15/2054 | 217394 |
| 771307 | &nbsp;&nbsp;Series 4471-BA | 3.00% | 12/15/2041 | 763311 |
| 12330468 | &nbsp;&nbsp;Series 5470-FH (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 11/25/2054 | 12311706 |
| 11550019 | &nbsp;&nbsp;Series 5478-FB (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap) | 5.66% | 02/25/2054 | 11580995 |
| 18472617 | &nbsp;&nbsp;Series 5524-AF (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 04/25/2055 | 18351188 |
| 31208493 | &nbsp;&nbsp;Series 5524-FB (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 04/25/2055 | 30940862 |
| 14305694 | &nbsp;&nbsp;Series 5527-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 09/25/2054 | 14280473 |
|  | Federal National Mortgage Association |  |  |  |
| 33591 | &nbsp;&nbsp;Pool 555743 | 5.00% | 09/01/2033 | 33968 |
| 29345 | &nbsp;&nbsp;Pool 735382 | 5.00% | 04/01/2035 | 29761 |
| 246135 | &nbsp;&nbsp;Pool 735383 | 5.00% | 04/01/2035 | 249619 |
| 124619 | &nbsp;&nbsp;Pool 735402 | 5.00% | 04/01/2035 | 126383 |
| 166949 | &nbsp;&nbsp;Pool 735484 | 5.00% | 05/01/2035 | 169313 |
| 41917 | &nbsp;&nbsp;Pool 931104 | 5.00% | 05/01/2039 | 42592 |
| 204073 | &nbsp;&nbsp;Pool 995203 | 5.00% | 07/01/2035 | 206656 |
| 158045 | &nbsp;&nbsp;Pool AB2123 | 4.00% | 01/01/2031 | 157125 |
| 2096 | &nbsp;&nbsp;Pool AD2177 | 4.50% | 06/01/2030 | 2095 |
| 238577 | &nbsp;&nbsp;Pool AH7309 | 4.00% | 02/01/2031 | 236830 |
| 3468239 | &nbsp;&nbsp;Pool AL9238 | 3.00% | 10/01/2041 | 3151994 |
| 610944 | &nbsp;&nbsp;Pool AL9445 | 3.00% | 07/01/2031 | 596807 |
| 6546432 | &nbsp;&nbsp;Pool AS7661 | 3.00% | 08/01/2046 | 5701729 |
| 3155026 | &nbsp;&nbsp;Pool AS7724 | 2.50% | 08/01/2046 | 2698720 |
| 10236403 | &nbsp;&nbsp;Pool BC9081 | 3.00% | 12/01/2046 | 9090723 |
| 6790050 | &nbsp;&nbsp;Pool BD8013 | 2.50% | 09/01/2046 | 5808061 |
| 17450500 | &nbsp;&nbsp;Pool BL2643 | 3.39% | 07/01/2034 | 15952886 |
| 4682383 | &nbsp;&nbsp;Pool BL9284 | 2.23% | 12/01/2050 | 3334960 |
| 1646476 | &nbsp;&nbsp;Pool BM4094 | 3.00% | 03/01/2043 | 1493676 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 9505901 | &nbsp;&nbsp;Pool BM6089 | 3.50% | 12/01/2044 | 8859256 |
| 40751695 | &nbsp;&nbsp;Pool BR2217 | 2.50% | 08/01/2051 | 34319792 |
| 36599790 | &nbsp;&nbsp;Pool BS4941 | 2.46% | 04/01/2032 | 32433408 |
| 7045000 | &nbsp;&nbsp;Pool BZ3117 | 5.06% | 03/01/2035 | 7236123 |
| 17105000 | &nbsp;&nbsp;Pool BZ3231 | 5.02% | 03/01/2035 | 17518524 |
| 20425593 | &nbsp;&nbsp;Pool BZ4011 | 4.48% | 06/01/2030 | 20451148 |
| 5208970 | &nbsp;&nbsp;Pool BZ4013 | 4.48% | 06/01/2030 | 5215487 |
| 21577667 | &nbsp;&nbsp;Pool CB6266 | 6.00% | 05/01/2053 | 22104500 |
| 33888307 | &nbsp;&nbsp;Pool CB7272 | 6.00% | 10/01/2053 | 34774000 |
| 13625186 | &nbsp;&nbsp;Pool CB7335 | 5.50% | 10/01/2053 | 13773222 |
| 8420726 | &nbsp;&nbsp;Pool CB8122 | 5.00% | 03/01/2054 | 8370114 |
| 21401312 | &nbsp;&nbsp;Pool CB8138 | 5.50% | 03/01/2054 | 21622715 |
| 25565359 | &nbsp;&nbsp;Pool CB8692 | 5.50% | 06/01/2054 | 25891273 |
| 9647054 | &nbsp;&nbsp;Pool FA0517 | 5.50% | 02/01/2055 | 9702470 |
| 9140257 | &nbsp;&nbsp;Pool FM1000 | 3.00% | 04/01/2047 | 8113997 |
| 14612848 | &nbsp;&nbsp;Pool FM4575 | 2.50% | 10/01/2050 | 12347293 |
| 9421438 | &nbsp;&nbsp;Pool FM6061 | 2.00% | 02/01/2051 | 7592705 |
| 6035054 | &nbsp;&nbsp;Pool FM8664 | 3.00% | 10/01/2046 | 5365237 |
| 34018751 | &nbsp;&nbsp;Pool FS1472 | 3.50% | 11/01/2050 | 30983638 |
| 9056134 | &nbsp;&nbsp;Pool FS3708 | 5.00% | 01/01/2053 | 8929597 |
| 27513111 | &nbsp;&nbsp;Pool FS5417 | 2.50% | 04/01/2052 | 23120218 |
| 28188319 | &nbsp;&nbsp;Pool FS5875 | 2.50% | 04/01/2052 | 23677406 |
| 8305799 | &nbsp;&nbsp;Pool FS6084 | 6.00% | 10/01/2053 | 8511095 |
| 2075452 | &nbsp;&nbsp;Pool FS6309 | 6.00% | 12/01/2053 | 2151113 |
| 6028063 | &nbsp;&nbsp;Pool FS6476 | 2.50% | 11/01/2051 | 5073535 |
| 3713243 | &nbsp;&nbsp;Pool FS7708 | 3.50% | 04/01/2052 | 3375845 |
| 4154764 | &nbsp;&nbsp;Pool FS8999 | 6.00% | 08/01/2054 | 4281179 |
| 95503 | &nbsp;&nbsp;Pool MA0264 | 4.50% | 12/01/2029 | 95891 |
| 65613 | &nbsp;&nbsp;Pool MA0353 | 4.50% | 03/01/2030 | 65903 |
| 4148 | &nbsp;&nbsp;Pool MA0468 | 5.00% | 07/01/2040 | 4052 |
| 1760341 | &nbsp;&nbsp;Pool MA2151 | 3.50% | 01/01/2045 | 1609938 |
| 906717 | &nbsp;&nbsp;Pool MA2248 | 3.00% | 04/01/2045 | 790858 |
| 1471715 | &nbsp;&nbsp;Pool MA2621 | 3.50% | 05/01/2046 | 1340599 |
| 3429551 | &nbsp;&nbsp;Pool MA2649 | 3.00% | 06/01/2046 | 2987015 |
| 1362101 | &nbsp;&nbsp;Pool MA2711 | 3.00% | 08/01/2046 | 1186347 |
| 8771155 | &nbsp;&nbsp;Pool MA2806 | 3.00% | 11/01/2046 | 7789446 |
| 8185548 | &nbsp;&nbsp;Pool MA4399 | 2.50% | 08/01/2051 | 6815167 |
| 11658218 | &nbsp;&nbsp;Pool MA4709 | 5.00% | 07/01/2052 | 11489317 |
| 14014084 | &nbsp;&nbsp;Pool MA5086 | 5.00% | 07/01/2043 | 14080254 |
| 592741 | &nbsp;&nbsp;Series 2005-20-QH | 5.00% | 03/25/2035 | 605434 |
| 112613 | &nbsp;&nbsp;Series 2006-101-SA (-1 x 30 day avg SOFR US + 6.47%, 0.00% Floor, 6.58% Cap) | 2.16 %<sup>(h)(j)</sup> | 10/25/2036 | 13064 |
| 41978 | &nbsp;&nbsp;Series 2006-56-SM (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap) | 2.33 %<sup>(h)(j)</sup> | 07/25/2036 | 3730 |
| 36918 | &nbsp;&nbsp;Series 2007-116-BI (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap) | 1.83 %<sup>(h)(j)</sup> | 05/25/2037 | 2938 |
| 464036 | &nbsp;&nbsp;Series 2007-30-FS (-5 x 30 day avg SOFR US + 29.30%, 0.00% Floor, 29.83% Cap) | 9.36 %<sup>(j)</sup> | 04/25/2037 | 541372 |
| 180433 | &nbsp;&nbsp;Series 2007-30-OI (-1 x 30 day avg SOFR US + 6.33%, 0.00% Floor, 6.44% Cap) | 2.02 %<sup>(h)(j)</sup> | 04/25/2037 | 21039 |
| 27180 | &nbsp;&nbsp;Series 2008-29-ZA | 4.50% | 04/25/2038 | 27122 |
| 11974 | &nbsp;&nbsp;Series 2008-62-SC (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(h)(j)</sup> | 07/25/2038 | 757 |
| 122557 | &nbsp;&nbsp;Series 2009-111-EZ | 5.00% | 01/25/2040 | 123655 |
| 3813 | &nbsp;&nbsp;Series 2009-111-SE (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap) | 1.83 %<sup>(h)(j)</sup> | 01/25/2040 | 404 |
| 11280 | &nbsp;&nbsp;Series 2009-16-MZ | 5.00% | 03/25/2029 | 11226 |
| 18281 | &nbsp;&nbsp;Series 2009-48-WS (-1 x 30 day avg SOFR US + 5.84%, 0.00% Floor, 5.95% Cap) | 1.53 %<sup>(h)(j)</sup> | 07/25/2039 | 1596 |
| 36094 | &nbsp;&nbsp;Series 2009-62-PS (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap) | 1.68 %<sup>(h)(j)</sup> | 08/25/2039 | 1049 |
| 317697 | &nbsp;&nbsp;Series 2009-77-ZA | 4.50% | 10/25/2039 | 317083 |
| 89769 | &nbsp;&nbsp;Series 2009-83-Z | 4.50% | 10/25/2039 | 89364 |
| 53042 | &nbsp;&nbsp;Series 2010-121-SD (-1 x 30 day avg SOFR US + 4.39%, 0.00% Floor, 4.50% Cap) | 0.08 %<sup>(h)(j)</sup> | 10/25/2040 | 1998 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 25910 | &nbsp;&nbsp;Series 2010-137-VS (-3 x 30 day avg SOFR US + 14.66%, 0.00% Floor, 15.00% Cap) | 1.72 %<sup>(j)</sup> | 12/25/2040 | 25547 |
| 14306 | &nbsp;&nbsp;Series 2010-31-SA (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap) | 0.58 %<sup>(h)(j)</sup> | 04/25/2040 | 764 |
| 10357 | &nbsp;&nbsp;Series 2010-34-PS (-1 x 30 day avg SOFR US + 4.82%, 0.00% Floor, 4.93% Cap) | 0.51 %<sup>(h)(j)</sup> | 04/25/2040 | 478 |
| 58357 | &nbsp;&nbsp;Series 2010-35-SP (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap) | 1.93 %<sup>(h)(j)</sup> | 04/25/2050 | 7310 |
| 2976 | &nbsp;&nbsp;Series 2010-35-SV (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap) | 2.03 %<sup>(h)(j)</sup> | 04/25/2040 | 53 |
| 408701 | &nbsp;&nbsp;Series 2010-37-MY | 4.50% | 04/25/2040 | 405950 |
| 73648 | &nbsp;&nbsp;Series 2010-59-SC (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap) | 0.58 %<sup>(h)(j)</sup> | 01/25/2040 | 3275 |
| 121253 | &nbsp;&nbsp;Series 2010-60-VZ | 5.00% | 10/25/2039 | 122132 |
| 58952 | &nbsp;&nbsp;Series 2010-64-EZ | 5.00% | 06/25/2040 | 60409 |
| 110211 | &nbsp;&nbsp;Series 2010-7-PE | 5.00% | 02/25/2040 | 112785 |
| 27902 | &nbsp;&nbsp;Series 2010-90-GS (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(h)(j)</sup> | 08/25/2040 | 2251 |
| 18691 | &nbsp;&nbsp;Series 2010-99-SG (-5 x 30 day avg SOFR US + 24.43%, 0.00% Floor, 25.00% Cap) | 2.86 %<sup>(j)</sup> | 09/25/2040 | 20628 |
| 961474 | &nbsp;&nbsp;Series 2011-141-PZ | 4.00% | 01/25/2042 | 927358 |
| 27498 | &nbsp;&nbsp;Series 2011-25-KY | 3.00% | 04/25/2026 | 27304 |
| 371380 | &nbsp;&nbsp;Series 2011-59-MA | 4.50% | 07/25/2041 | 371272 |
| 584160 | &nbsp;&nbsp;Series 2017-86-MA | 3.00% | 04/25/2046 | 569208 |
| 8370405 | &nbsp;&nbsp;Series 2018-21-IO | 3.00 %<sup>(h)</sup> | 04/25/2048 | 1385747 |
| 13169430 | &nbsp;&nbsp;Series 2018-21-PO | 0.00 %<sup>(k)</sup> | 04/25/2048 | 9503291 |
| 7082128 | &nbsp;&nbsp;Series 2018-35-IO | 3.00 %<sup>(h)</sup> | 05/25/2048 | 1212918 |
| 27168853 | &nbsp;&nbsp;Series 2018-35-PO | 0.00 %<sup>(k)</sup> | 05/25/2048 | 19710027 |
| 16576430 | &nbsp;&nbsp;Series 2021-48-NS (-1 x 30 day avg SOFR US + 3.65%, 0.00% Floor, 3.65% Cap) | 0.00 %<sup>(h)(j)</sup> | 08/25/2051 | 552942 |
| 13270000 | &nbsp;&nbsp;Series 2022-M2-A2 | 2.40% | 11/25/2031 | 11841132 |
| 13986785 | &nbsp;&nbsp;Series 2024-100-FD (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap) | 5.76% | 06/25/2054 | 14076943 |
| 14067478 | &nbsp;&nbsp;Series 2024-96-FC (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 12/25/2054 | 14047808 |
| 22656610 | &nbsp;&nbsp;Series 2025-28-FM (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap) | 5.56% | 04/25/2055 | 22659501 |
| 6010914 | &nbsp;&nbsp;Series 2025-31-FA (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap) | 5.61% | 06/25/2054 | 6023923 |
| 21713019 | &nbsp;&nbsp;Series 2025-42-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 06/25/2055 | 21914678 |
| 77855 | &nbsp;&nbsp;Series 400-S4 (-1 x 30 day avg SOFR US + 5.34%, 0.00% Floor, 5.45% Cap) | 1.03 %<sup>(h)(j)</sup> | 11/25/2039 | 7355 |
|  | Ginnie Mae I Pool |  |  |  |
| 24256802 | &nbsp;&nbsp;Pool 779384 | 3.50% | 06/15/2042 | 22655936 |
|  | Ginnie Mae II Pool |  |  |  |
| 9183415 | &nbsp;&nbsp;Pool 784415 | 3.50% | 04/20/2047 | 8491157 |
| 23290330 | &nbsp;&nbsp;Pool 785713 | 2.50% | 10/20/2051 | 19693188 |
| 10899413 | &nbsp;&nbsp;Pool 785764 | 2.50% | 11/20/2051 | 9211660 |
| 28427814 | &nbsp;&nbsp;Pool 786009 | 3.00% | 02/20/2052 | 25085103 |
| 8915370 | &nbsp;&nbsp;Pool 786227 | 3.00% | 04/20/2052 | 7863995 |
| 3755624 | &nbsp;&nbsp;Pool 786540 | 3.50% | 02/20/2050 | 3470321 |
| 9626331 | &nbsp;&nbsp;Pool 786718 | 3.50% | 07/20/2051 | 8855094 |
| 24109669 | &nbsp;&nbsp;Pool MA5076 | 3.00% | 03/20/2048 | 21566636 |
| 26473930 | &nbsp;&nbsp;Pool MA5191 | 3.50% | 05/20/2048 | 24465899 |
|  | Government National Mortgage Association |  |  |  |
| 59207 | &nbsp;&nbsp;Series 2003-67-SP (-1 x 1 mo. Term SOFR + 6.99%, 0.00% Floor, 7.10% Cap) | 2.67 %<sup>(h)(j)</sup> | 08/20/2033 | 355 |
| 35408 | &nbsp;&nbsp;Series 2008-82-SM (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap) | 1.62 %<sup>(h)(j)</sup> | 09/20/2038 | 764 |
| 483417 | &nbsp;&nbsp;Series 2009-32-ZE | 4.50% | 05/16/2039 | 481219 |
| 515948 | &nbsp;&nbsp;Series 2009-75-GZ | 4.50% | 09/20/2039 | 518124 |
| 683212 | &nbsp;&nbsp;Series 2009-75-HZ | 5.00% | 09/20/2039 | 688681 |
| 1756051 | &nbsp;&nbsp;Series 2010-113-SM (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap) | 1.62 %<sup>(h)(j)</sup> | 09/20/2040 | 227880 |
| 73761 | &nbsp;&nbsp;Series 2010-25-ZB | 4.50% | 02/16/2040 | 73637 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1038286 | &nbsp;&nbsp;Series 2011-45-GZ | 4.50% | 03/20/2041 | 1042490 |
| 1465880 | &nbsp;&nbsp;Series 2013-117-MS (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap) | 1.72 %<sup>(h)(j)</sup> | 02/20/2043 | 66468 |
| 1639267 | &nbsp;&nbsp;Series 2013-122-SB (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap) | 1.67 %<sup>(h)(j)</sup> | 08/16/2043 | 191785 |
| 2373973 | &nbsp;&nbsp;Series 2014-102-TS (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap) | 1.17 %<sup>(h)(j)</sup> | 07/20/2044 | 221123 |
| 2031058 | &nbsp;&nbsp;Series 2014-118-PS (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap) | 1.77 %<sup>(h)(j)</sup> | 08/20/2044 | 276710 |
| 1777176 | &nbsp;&nbsp;Series 2014-118-SA (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap) | 1.77 %<sup>(h)(j)</sup> | 08/20/2044 | 242121 |
| 5245779 | &nbsp;&nbsp;Series 2017-52-FH (1 mo. Term SOFR + 0.46%, 0.35% Floor, 6.50% Cap) | 4.78% | 04/20/2047 | 5118588 |
| 13101504 | &nbsp;&nbsp;Series 2020-61-IA | 3.00 %<sup>(h)</sup> | 05/20/2050 | 1974930 |
| 9943656 | &nbsp;&nbsp;Series 2021-117-ID | 3.50 %<sup>(h)</sup> | 06/20/2051 | 1704093 |
| 19114453 | &nbsp;&nbsp;Series 2021-155-UI | 4.50 %<sup>(h)</sup> | 09/20/2051 | 3092334 |
| 16918838 | &nbsp;&nbsp;Series 2021-214-IG | 2.50 %<sup>(h)</sup> | 12/20/2051 | 2251249 |
|  | **Total US Government and Agency Mortgage Backed Obligations (Cost $1,513,933,247)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $1,513,933,247)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $1,513,933,247)** | **1462556682** |
| **US GOVERNMENT AND AGENCY OBLIGATIONS - 17.0%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 17.0%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 17.0%** |  |  |
| 190000000 | United States Treasury Note/Bond | 0.75% | 03/31/2026 | 185326671 |
| 101700000 | United States Treasury Note/Bond | 0.75% | 01/31/2028 | 94370449 |
| 131750000 | United States Treasury Note/Bond | 0.63% | 05/15/2030 | 113382198 |
| 107850000 | United States Treasury Note/Bond | 0.63% | 08/15/2030 | 92003212 |
| 289650000 | United States Treasury Note/Bond | 0.88% | 11/15/2030 | 248521962 |
| 355220000 | United States Treasury Note/Bond | 1.13% | 08/15/2040 | 218640684 |
| 140150000 | United States Treasury Note/Bond | 1.88% | 02/15/2041 | 96440719 |
| 87900000 | United States Treasury Note/Bond | 1.75% | 08/15/2041 | 58384828 |
|  | **Total US Government and Agency Obligations (Cost $1,095,646,524)** |  |  | **1107070723** |
| **COMMON STOCKS - 0.0%<sup>(l)</sup>** | **COMMON STOCKS - 0.0%<sup>(l)</sup>** | **COMMON STOCKS - 0.0%<sup>(l)</sup>** |  |  |
| 37440 | Flame Aggregator - Series R<sup>(b)(m)</sup> |  |  | 748800 |
| 3720 | Flame Aggregator - Series U<sup>(b)(m)</sup> |  |  | 74400 |
| 711 | Stichting Administratiekantoor ADR<sup>(b)(m)</sup> |  |  |  |
| 261 | Stichting Administratiekantoor Unigel Creditors <sup>(b)(m)</sup> |  |  |  |
|  | **Total Common Stocks (Cost $84,406)** |  |  | **823200** |
| **ESCROW NOTES - 0.0%<sup>(l)</sup>** | **ESCROW NOTES - 0.0%<sup>(l)</sup>** | **ESCROW NOTES - 0.0%<sup>(l)</sup>** |  |  |
| 5400000 | Credito Real SAB de CV SOFOM ER<sup>(m)</sup> |  |  | 67176 |
| 690000 | Parkland Corp.<sup>(b)(m)</sup> |  |  | 345 |
|  | **Total Escrow Notes (Cost $5,275,601)** |  |  | **67521** |
| **WARRANTS - 0.0%<sup>(l)</sup>** | **WARRANTS - 0.0%<sup>(l)</sup>** | **WARRANTS - 0.0%<sup>(l)</sup>** |  |  |
| 31063 | Avation PLC, Expires 10/31/2026 at GBP 1.15<sup>(m)</sup> |  |  | 17055 |
|  | **Total Warrants (Cost $–)** |  |  | **17055** |
| **AFFILIATED MUTUAL FUNDS - 6.2%** | **AFFILIATED MUTUAL FUNDS - 6.2%** | **AFFILIATED MUTUAL FUNDS - 6.2%** |  |  |
| 12929742 | DoubleLine Global Bond Fund - Class I |  |  | 114298922 |
| 27534253 | DoubleLine Infrastructure Income Fund - Class I |  |  | 260749373 |
| 5000000 | DoubleLine Long Duration Total Return Bond Fund - Class I |  |  | 31400000 |
|  | **Total Affiliated Mutual Funds (Cost $449,362,155)** | **Total Affiliated Mutual Funds (Cost $449,362,155)** |  | **406448295** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **SHORT TERM INVESTMENTS - 9.1%** | **SHORT TERM INVESTMENTS - 9.1%** | **SHORT TERM INVESTMENTS - 9.1%** |  |  |
| 64067937 | First American Government Obligations Fund - U | 4.28 %<sup>(n)</sup> |  | 64067937 |
| 64067938 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(n)</sup> |  | 64067938 |
| 64067937 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(n)</sup> |  | 64067937 |
| 400000000 | United States Treasury Bill | 0.00% | 07/31/2025 | 398617668 |
|  | **Total Short Term Investments (Cost $590,817,020)** |  |  | **590821480** |
|  | **Total Investments - 99.4% (Cost $6,854,512,796)** |  |  | **6485363619** |
|  | **Other Assets in Excess of Liabilities - 0.6%** |  |  | **39288795** |
|  | **NET ASSETS - 100.0%** |  |  | $**6524652414** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Mortgage Backed Obligations | 22.4% |
| US Government and Agency Obligations | 17.0% |
| US Corporate Bonds | 15.2% |
| Non-Agency Residential Collateralized Mortgage Obligations | 10.3% |
| Short Term Investments | 9.1% |
| Affiliated Mutual Funds | 6.2% |
| Foreign Corporate Bonds | 5.1% |
| Non-Agency Commercial Mortgage Backed Obligations | 4.8% |
| Asset Backed Obligations | 3.1% |
| Collateralized Loan Obligations | 2.8% |
| Bank Loans | 2.4% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 1.0% |
| Common Stocks | 0.0 %(l) |
| Escrow Notes | 0.0 %(l) |
| Warrants | 0.0 %(l) |
| Other Assets and Liabilities | 0.6% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Mortgage Backed Obligations | 22.4% |
| US Government and Agency Obligations | 17.0% |
| Non-Agency Residential Collateralized Mortgage Obligations | 10.3% |
| Short Term Investments | 9.1% |
| Affiliated Mutual Funds | 6.2% |
| Non-Agency Commercial Mortgage Backed Obligations | 4.8% |
| Asset Backed Obligations | 3.1% |
| Banking | 3.0% |
| Collateralized Loan Obligations | 2.8% |
| Technology | 2.1% |
| Energy | 2.0% |
| Utilities | 1.7% |
| Transportation | 1.2% |
| Insurance | 1.2% |
| Healthcare | 1.1% |
| Finance | 1.0% |
| Real Estate | 0.8% |
| Retailers (other than Food/Drug) | 0.7% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 0.7% |
| Telecommunications | 0.6% |
| Food Products | 0.6% |
| Mining | 0.6% |
| Media | 0.6% |
| Commercial Services | 0.5% |
| Pharmaceuticals | 0.5% |
| Hotels/Motels/Inns and Casinos | 0.5% |
| Construction | 0.5% |

---

---

| | |
|:---|:---|
| Diversified Manufacturing | 0.4% |
| Industrial Equipment | 0.4% |
| Electronics/Electric | 0.4% |
| Containers and Glass Products | 0.4% |
| Automotive | 0.3% |
| Aerospace & Defense | 0.3% |

---

---

| | |
|:---|:---|
| Beverage and Tobacco | 0.3% |
| Leisure | 0.3% |
| Chemicals/Plastics | 0.2% |
| Environmental Control | 0.2% |
| Consumer Products | 0.2% |
| Business Equipment and Services | 0.1% |
| Building and Development (including Steel/Metals) | 0.1% |
| Pulp & Paper | 0.1% |
| Food Service | 0.1% |
| Chemical Products | 0.0 %(l) |
| Conglomerates | 0.0 %(l) |
| Financials | 0.0 %(l) |
| Escrow Notes | 0.0 %(l) |
| Other Assets and Liabilities | 0.6% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $1,245,506,105 or 19.1% of the Fund's net assets.** 

**(b)** **Value determined using significant unobservable inputs.** 

**(c)** **Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.** 

**(d)** **Security pays interest at rates that represent residual cashflows available after more senior tranches have been paid.** 

**(e)** **Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.** 

**(f)** **Security is in default or has failed to make a scheduled payment. Income is not being accrued.** 

**(g)** **Perpetual maturity. The date disclosed is the next call date of the security.** 

**(h)** **Interest only security** 

**(i)** **Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.** 

**(j)** **Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.** 

**(k)** **Principal only security** 

**(l)** **Represents less than 0.05% of net assets.** 

**(m)** **Non-income producing security.** 

**(n)** **Seven-day yield as of period end.** 

---

| | |
|:---|:---|
| **CMT** | **Constant Maturity Treasury Rate** |
| **PIK** | **A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.** |
| **SOFR** | **Secured Overnight Financing Rate** |

---

---

| | |
|:---|:---|
| **GBP** | **British Pound** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts**<br>**Description** | <br>**Long/ Short** | <br>**Contract Quantity** | <br>**Expiration<br> Date** | <br>**Notional <br> Amount<sup>(1)</sup>** | <br>**Unrealized Appreciation (Depreciation)/ Value** |
| U.S. Treasury 2 Year Notes | Long | 18000 | 9/30/2025 | $3728276035 | $16145849 |
| U.S. Treasury Long Bonds | Long | 2650 | 9/19/2025 | 294191543 | 11800645 |
| U.S. Treasury 5 Year Note | Long | 900 | 9/30/2025 | 96709720 | 1390280 |
| U.S. Treasury Ultra Bonds | Short | (305) | 9/19/2025 | (34548698) | (1784427) |
| 10 Year U.S. Ultra Treasury Notes | Short | (2250) | 9/19/2025 | (250638848) | (6458808) |
|  |  |  |  |  | $21093539 |

---

**(1)** **Notional Amount is determined based on the number of contracts multiplied by the contract size and the quoted daily settlement price in US dollars.** 

A summary of the DoubleLine Core Fixed Income Fund's investments in affiliated mutual funds for the period ended June 30, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Fund** | **Value at<br> March 31, 2025** | **Gross Purchases** | **Gross Sales** | **Net Realized<br> Gain (Loss)<br> for the<br> Period Ended June 30, 2025** | **Change in Unrealized for the<br> Period Ended June 30, 2025** | **Value at<br> June 30, 2025** | **Shares Held at<br> June 30, 2025** | **Dividend Income<br> Earned for the<br>Period Ended June 30, 2025** |
| DoubleLine Infrastructure Income Fund (Class I) | $285348391 | $— | $(26000000) | $(2315451) | $3716433 | $260749373 | 27534253 | $3068016 |
| DoubleLine Global Bond Fund (Class I) | 109127025 |  |  |  | 5171897 | 114298922 | 12929742 | 940677 |
| DoubleLine Long Duration Total Return Bond Fund (Class I) | 32000000 |  |  |  | (600000) | 31400000 | 5000000 | 398452 |
|  | $426475416 | $— | $(26000000) | $(2315451) | $8288330 | $406448295 | 45463995 | $4407145 |

---

---

| | |
|:---|:---|
| **DoubleLine Emerging Markets Fixed Income Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **FOREIGN CORPORATE BONDS - 72.8%** | **FOREIGN CORPORATE BONDS - 72.8%** | **FOREIGN CORPORATE BONDS - 72.8%** | **FOREIGN CORPORATE BONDS - 72.8%** | **FOREIGN CORPORATE BONDS - 72.8%** |
| **BRAZIL - 13.5%** | **BRAZIL - 13.5%** | **BRAZIL - 13.5%** | **BRAZIL - 13.5%** | **BRAZIL - 13.5%** |
| 3700721 | Acu Petroleo Luxembourg Sarl | 7.50% | 01/13/2032 | 3698905 |
| 600000 | Banco do Estado do Rio Grande do Sul SA<br> (5 yr. CMT Rate + 4.93%) | 5.38% | 01/28/2031 | 596438 |
| 800000 | Braskem Netherlands Finance BV | 4.50% | 01/31/2030 | 620608 |
| 7300000 | Cosan Overseas Ltd. | 8.25 %<sup>(a)</sup> | 08/05/2025 | 7372124 |
| 3350000 | CSN Resources SA | 5.88% | 04/08/2032 | 2757851 |
| 7068268 | Guara Norte Sarl | 5.20% | 06/15/2034 | 6703854 |
| 1929352 | Invepar Holdings | 0.00 %<sup>(b)(c)</sup> | 12/30/2028 |  |
| 1100000 | Minerva Luxembourg SA | 8.88 %<sup>(d)</sup> | 09/13/2033 | 1188928 |
| 1600000 | Minerva Luxembourg SA | 8.88% | 09/13/2033 | 1729350 |
| 1400000 | Movida Europe SA | 7.85% | 04/11/2029 | 1293474 |
| 2500000 | Movida Europe SA | 7.85 %<sup>(d)</sup> | 04/11/2029 | 2309775 |
| 8348448 | MV24 Capital BV | 6.75% | 06/01/2034 | 8104169 |
| 1300000 | NBM US Holdings, Inc. | 6.63% | 08/06/2029 | 1310059 |
| 8204792 | Prumo Participacoes e Investimentos S/A | 7.50% | 12/31/2031 | 8317912 |
| 4700000 | Raizen Fuels Finance SA | 5.70% | 01/17/2035 | 4403900 |
| 1784000 | Simpar Europe SA | 5.20% | 01/26/2031 | 1462880 |
| 93986 | Unigel Luxembourg SA<br> 13.50% Cash or 15.00% PIK | 13.50 %<sup>(d)</sup> | 12/31/2027 | 75659 |
| 131998 | Unigel Luxembourg SA<br> 13.50% Cash or 15.00% PIK | 13.50% | 12/31/2027 | 106258 |
| 458536 | Unigel Luxembourg SA<br> 11.00% Cash or 12.00% PIK | 11.00% | 12/31/2028 | 128390 |
| 106634 | Unigel Luxembourg SA<br> 11.00% Cash or 12.00% PIK | 11.00 %<sup>(d)</sup> | 12/31/2028 | 29858 |
| 558462 | Unigel Netherlands Holding Corp. BV<br> 15.00% Cash or 15.00% PIK | 15.00% | 12/31/2044 | 18150 |
| 1400000 | Yinson Bergenia Production BV | 8.50 %<sup>(d)</sup> | 01/31/2045 | 1420761 |
|  |  |  |  | 53649303 |
| **CHILE - 5.7%** |  |  |  |  |
| 6210000 | CAP SA | 3.90% | 04/27/2031 | 4995333 |
| 2900000 | CAP SA | 3.90 %<sup>(d)</sup> | 04/27/2031 | 2332764 |
| 2700000 | Cencosud SA | 4.38% | 07/17/2027 | 2680478 |
| 10521016 | Chile Electricity PEC SpA | 0.00 %<sup>(d)</sup> | 01/25/2028 | 9301104 |
| 1841750 | Empresa Electrica Angamos SA | 4.88% | 05/25/2029 | 1662276 |
| 930900 | Empresa Electrica Cochrane SpA | 5.50% | 05/14/2027 | 921032 |
| 953280 | GNL Quintero SA | 4.63% | 07/31/2029 | 945831 |
|  |  |  |  | 22838818 |
| **COLOMBIA - 6.2%** | **COLOMBIA - 6.2%** |  |  |  |
| 1267495 | AL Candelaria Spain SA | 7.50% | 12/15/2028 | 1266066 |
| 7100000 | AL Candelaria Spain SA | 5.75% | 06/15/2033 | 6030385 |
| 3800000 | AL Candelaria Spain SA | 5.75 %<sup>(d)</sup> | 06/15/2033 | 3227530 |
| 3000000 | Aris Mining Corp. | 8.00 %<sup>(d)</sup> | 10/31/2029 | 3063255 |
| 2400000 | Banco Davivienda SA<br> (10 yr. CMT Rate + 5.10%) | 6.65 %<sup>(a)(d)</sup> | 04/22/2031 | 2138179 |
| 400000 | Banco Davivienda SA<br> (5 yr. CMT Rate + 4.59%) | 8.13 %<sup>(d)</sup> | 07/02/2035 | 402320 |
| 3300000 | Banco de Bogota SA | 6.25% | 05/12/2026 | 3312474 |
| 300000 | Banco GNB Sudameris SA<br> (5 yr. CMT Rate + 6.66%) | 7.50% | 04/16/2031 | 296193 |
| 900000 | Bancolombia SA<br> (5 yr. CMT Rate + 4.32%) | 8.63% | 12/24/2034 | 946958 |
| 5213000 | Canacol Energy Ltd. | 5.75% | 11/24/2028 | 1804032 |
| 1126300 | Fideicomiso PA Pacifico Tres | 8.25% | 01/15/2035 | 1138689 |
| 1100000 | Gran Tierra Energy, Inc. | 9.50 %<sup>(d)</sup> | 10/15/2029 | 837996 |
| 400000 | Termocandelaria Power SA | 7.75 %<sup>(d)</sup> | 09/17/2031 | 410700 |
|  |  |  |  | 24874777 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **DOMINICAN REPUBLIC - 0.9%** | **DOMINICAN REPUBLIC - 0.9%** |  |  |  |
| 3800000 | AES Espana BV | 5.70 %<sup>(d)</sup> | 05/04/2028 | 3647126 |
| **GUATEMALA - 3.5%** | **GUATEMALA - 3.5%** |  |  |  |
| 8500000 | Banco Industrial SA/Guatemala<br> (5 yr. CMT Rate + 4.44%) | 4.88% | 01/29/2031 | 8463875 |
| 2135000 | Energuate Trust | 5.88% | 05/03/2027 | 2125094 |
| 450000 | Millicom International Cellular SA | 5.13% | 01/15/2028 | 445079 |
| 2970000 | Millicom International Cellular SA | 6.25% | 03/25/2029 | 2978571 |
|  |  |  |  | 14012619 |
| **INDIA - 9.3%** | **INDIA - 9.3%** |  |  |  |
| 2100000 | Adani Electricity Mumbai Ltd. | 3.95% | 02/12/2030 | 1883433 |
| 3700000 | Adani Electricity Mumbai Ltd. | 3.87% | 07/22/2031 | 3176815 |
| 4420000 | Adani International Container Terminal Pvt Ltd. | 3.00% | 02/16/2031 | 3895225 |
| 2560000 | Adani International Container Terminal Pvt Ltd. | 3.00 %<sup>(d)</sup> | 02/16/2031 | 2256058 |
| 400000 | Adani Ports & Special Economic Zone Ltd. | 4.00% | 07/30/2027 | 387515 |
| 800000 | Adani Ports & Special Economic Zone Ltd. | 4.20% | 08/04/2027 | 771226 |
| 1200000 | Adani Ports & Special Economic Zone Ltd. | 4.38% | 07/03/2029 | 1134618 |
| 3600000 | Adani Ports & Special Economic Zone Ltd. | 3.10% | 02/02/2031 | 3048902 |
| 2171000 | Adani Renewable Energy RJ Ltd./Kodangal Solar Parks Pvt Ltd./Wardha Solar Maharash | 4.63% | 10/15/2039 | 1751251 |
| 3600000 | Adani Transmission Step-One Ltd. | 4.00% | 08/03/2026 | 3563059 |
| 2675750 | Adani Transmission Step-One Ltd. | 4.25% | 05/21/2036 | 2279976 |
| 5680000 | JSW Hydro Energy Ltd. | 4.13% | 05/18/2031 | 5233062 |
| 4200000 | JSW Infrastructure Ltd. | 4.95% | 01/21/2029 | 4118513 |
| 1100000 | Periama Holdings | 5.95% | 04/19/2026 | 1100323 |
| 1500000 | Reliance Industries Ltd. | 3.67% | 11/30/2027 | 1473230 |
| 800000 | Wipro IT Services LLC | 1.50% | 06/23/2026 | 776571 |
|  |  |  |  | 36849777 |
| **INDONESIA - 1.4%** | **INDONESIA - 1.4%** |  |  |  |
| 700000 | Freeport Indonesia PT | 4.76% | 04/14/2027 | 701707 |
| 4800000 | Medco Laurel Tree Pte Ltd. | 6.95% | 11/12/2028 | 4760649 |
|  |  |  |  | 5462356 |
| **JAMAICA - 0.0%<sup>(e)</sup>** | **JAMAICA - 0.0%<sup>(e)</sup>** |  |  |  |
| 3176259 | Digicel Group Holdings Ltd. | 0.00 %<sup>(c)(d)</sup> | 12/31/2030 | 19789 |
| 1096188 | Digicel Group Holdings Ltd. | 0.00 %<sup>(c)(d)</sup> | 12/31/2030 | 47930 |
|  |  |  |  | 67719 |
| **KUWAIT - 0.0%<sup>(e)</sup>** | **KUWAIT - 0.0%<sup>(e)</sup>** |  |  |  |
| 200000 | EQUATE Petrochemical Co. KSC | 4.25% | 11/03/2026 | 198375 |
| **MEXICO - 8.0%** | **MEXICO - 8.0%** |  |  |  |
| 1700000 | Banco Mercantil del Norte SA/Grand Cayman<br> (10 yr. CMT Rate + 5.35%) | 7.63 %<sup>(a)</sup> | 01/10/2028 | 1695235 |
| 1500000 | Banco Mercantil del Norte SA/Grand Cayman<br> (10 yr. CMT Rate + 5.47%) | 7.50 %<sup>(a)(d)</sup> | 06/27/2029 | 1485807 |
| 3200000 | Banco Mercantil del Norte SA/Grand Cayman<br> (5 yr. CMT Rate + 4.07%) | 8.38 %<sup>(a)(d)</sup> | 05/20/2031 | 3245216 |
| 3300000 | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX<br> (5 yr. CMT Rate + 4.21%) | 8.13% | 01/08/2039 | 3413253 |
| 2450000 | Braskem Idesa SAPI | 6.99% | 02/20/2032 | 1702698 |
| 2200000 | Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy | 7.88 %<sup>(d)</sup> | 02/15/2039 | 2268301 |
| 3100000 | Cemex SAB de CV<br> (5 yr. CMT Rate + 4.53%) | 5.13 %<sup>(a)</sup> | 06/08/2026 | 3051035 |
| 300000 | Cemex SAB de CV<br> (5 yr. CMT Rate + 3.52%) | 7.20 %<sup>(a)(d)</sup> | 06/10/2030 | 303450 |
| 1516000 | Cometa Energia SAB de CV | 6.38% | 04/24/2035 | 1563498 |
| 557878 | Fermaca Enterprises S de RL de CV | 6.38% | 03/30/2038 | 546182 |
| 2400000 | GCC SAB de CV | 3.61% | 04/20/2032 | 2123057 |
| 3000000 | KUO SAB De CV | 5.75% | 07/07/2027 | 2957904 |
| 4600000 | Mexarrend SAPI de CV | 10.25 %<sup>(b)(d)</sup> | 07/24/2025 | 34500 |
| 2462072 | Mexico Generadora de Energia S de RL | 5.50% | 12/06/2032 | 2448528 |
| 1300000 | Saavi Energia Sarl | 8.88 %<sup>(d)</sup> | 02/10/2035 | 1358175 |
| 3862922 | Tierra Mojada Luxembourg II Sarl | 5.75% | 12/01/2040 | 3652567 |
|  |  |  |  | 31849406 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **PARAGUAY - 1.9%** | **PARAGUAY - 1.9%** |  |  |  |
| 1100000 | Banco Continental SAECA | 2.75% | 12/10/2025 | 1090339 |
| 2024000 | Frigorifico Concepcion SA | 7.70% | 07/21/2028 | 1574323 |
| 6286666 | Rutas 2 & 7 Finance Ltd. | 0.00% | 09/30/2036 | 4562076 |
| 168000 | Telefonica Celular del Paraguay SA | 5.88% | 04/15/2027 | 167371 |
|  |  |  |  | 7394109 |
| **PERU - 13.5%** | **PERU - 13.5%** |  |  |  |
| 8000000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 3.00%) | 3.13% | 07/01/2030 | 8000000 |
| 4050000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 2.45%) | 3.25% | 09/30/2031 | 3930575 |
| 12172000 | Banco Internacional del Peru SAA Interbank<br> (5 yr. CMT Rate + 3.71%) | 4.00% | 07/08/2030 | 12135932 |
| 2300000 | Banco Internacional del Peru SAA Interbank<br> (5 yr. CMT Rate + 2.07%) | 6.40 %<sup>(d)</sup> | 04/30/2035 | 2348645 |
| 2000000 | Cia de Minas Buenaventura SAA | 5.50% | 07/23/2026 | 2000360 |
| 5080000 | InRetail Consumer | 3.25% | 03/22/2028 | 4822197 |
| 4148000 | InRetail Shopping Malls | 5.75% | 04/03/2028 | 4148581 |
| 3900000 | Intercorp Financial Services, Inc. | 4.13% | 10/19/2027 | 3793093 |
| 5775213 | Lima Metro Line 2 Finance Ltd. | 4.35% | 04/05/2036 | 5436786 |
| 3500000 | Minsur SA | 4.50% | 10/28/2031 | 3258674 |
| 2710000 | Orazul Energy Peru SA | 5.63% | 04/28/2027 | 2686409 |
| 500040 | Peru LNG Srl | 5.38% | 03/22/2030 | 470609 |
| 300000 | SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA | 3.75% | 08/02/2028 | 281995 |
| 300000 | Scotiabank Peru SAA<br> (1 yr. CMT Rate + 2.31%) | 6.10 %<sup>(d)</sup> | 10/01/2035 | 305100 |
|  |  |  |  | 53618956 |
| **SINGAPORE - 5.6%** | **SINGAPORE - 5.6%** |  |  |  |
| 4804000 | DBS Group Holdings Ltd.<br> (5 yr. CMT Rate + 1.10%) | 1.82% | 03/10/2031 | 4714955 |
| 8000000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 1.83% | 09/10/2030 | 7959763 |
| 1800000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 4.60% | 06/15/2032 | 1803605 |
| 5200000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.52%) | 1.75% | 03/16/2031 | 5097190 |
| 2900000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.23%) | 2.00% | 10/14/2031 | 2807807 |
|  |  |  |  | 22383320 |
| **SOUTH AFRICA - 1.8%** | **SOUTH AFRICA - 1.8%** |  |  |  |
| 3800000 | AngloGold Ashanti Holdings PLC | 3.38% | 11/01/2028 | 3629205 |
| 3500000 | Gold Fields Orogen Holdings BVI Ltd. | 6.13% | 05/15/2029 | 3642134 |
|  |  |  |  | 7271339 |
| **UNITED ARAB EMIRATES - 0.7%** | **UNITED ARAB EMIRATES - 0.7%** |  |  |  |
| 3356312 | Galaxy Pipeline Assets Bidco Ltd. | 2.94% | 09/30/2040 | 2756098 |
| **VIETNAM - 0.8%** | **VIETNAM - 0.8%** |  |  |  |
| 3116963 | Mong Duong Finance Holdings BV | 5.13% | 05/07/2029 | 3047511 |
|  | **Total Foreign Corporate Bonds (Cost $306,036,082)** |  |  | **289921609** |
| **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 25.2%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 25.2%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 25.2%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 25.2%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 25.2%** |
| **BRAZIL - 1.4%** |  |  |  |  |
| 5400000 | Banco do Brasil SA/Cayman (10 yr. CMT Rate + 4.40%) | 8.75 %<sup>(a)</sup> | 10/15/2025 | 5454119 |
| **CHILE - 1.7%** | **CHILE - 1.7%** |  |  |  |
| 1800000 | Chile Electricity Lux Mpc II Sarl | 5.67 %<sup>(d)</sup> | 10/20/2035 | 1814408 |
| 186000 | Chile Electricity Lux MPC Sarl | 6.01% | 01/20/2033 | 192930 |
| 5000000 | Corp. Nacional del Cobre de Chile | 5.13% | 02/02/2033 | 4873617 |
|  |  |  |  | 6880955 |
| **COLOMBIA - 3.8%** | **COLOMBIA - 3.8%** |  |  |  |
| 2900000 | Colombia Government International Bond | 5.00% | 06/15/2045 | 1963310 |
| 3000000 | Colombia Government International Bond | 4.13% | 05/15/2051 | 1715070 |
| 5000000 | Ecopetrol SA (0) | 4.63% | 11/02/2031 | 4226738 |
| 800000 | Ecopetrol SA | 5.88% | 05/28/2045 | 552803 |
| 10300000 | Ecopetrol SA | 5.88% | 11/02/2051 | 6790028 |
|  |  |  |  | 15247949 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **DOMINICAN REPUBLIC - 0.9%** | **DOMINICAN REPUBLIC - 0.9%** |  |  |  |
| 500000 | Dominican Republic International Bond | 5.95% | 01/25/2027 | 505550 |
| 3000000 | Dominican Republic International Bond | 5.50% | 02/22/2029 | 2994300 |
|  |  |  |  | 3499850 |
| **GUATEMALA - 2.0%** | **GUATEMALA - 2.0%** |  |  |  |
| 1200000 | Guatemala Government Bond | 4.50% | 05/03/2026 | 1190868 |
| 1100000 | Guatemala Government Bond | 4.38% | 06/05/2027 | 1083500 |
| 1600000 | Guatemala Government Bond | 4.88% | 02/13/2028 | 1584696 |
| 1800000 | Guatemala Government Bond | 5.25% | 08/10/2029 | 1791000 |
| 2400000 | Guatemala Government Bond | 5.38% | 04/24/2032 | 2349432 |
|  |  |  |  | 7999496 |
| **INDIA - 0.6%** | **INDIA - 0.6%** |  |  |  |
| 1300000 | BPRL International Singapore Pte Ltd. | 4.38% | 01/18/2027 | 1294772 |
| 1300000 | ONGC Videsh Vankorneft Pte Ltd. | 3.75% | 07/27/2026 | 1288661 |
|  |  |  |  | 2583433 |
| **INDONESIA - 2.2%** | **INDONESIA - 2.2%** |  |  |  |
| 4400000 | Bank Negara Indonesia Persero Tbk PT | 3.75% | 03/30/2026 | 4355835 |
| 2600000 | Pertamina Persero PT | 1.40% | 02/09/2026 | 2550619 |
| 1700000 | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 4.13% | 05/15/2027 | 1684272 |
|  |  |  |  | 8590726 |
| **MEXICO - 6.9%** | **MEXICO - 6.9%** |  |  |  |
| 200000 | Banco Nacional de Comercio Exterior SNC/Cayman Islands | 5.88 %<sup>(d)</sup> | 05/07/2030 | 203122 |
| 3100000 | Comision Federal de Electricidad | 3.35% | 02/09/2031 | 2733118 |
| 1000000 | Comision Federal de Electricidad | 6.45 %<sup>(d)</sup> | 01/24/2035 | 988292 |
| 1391950 | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple | 7.25% | 01/31/2041 | 1414082 |
| 4076426 | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple | 7.25 %<sup>(d)</sup> | 01/31/2041 | 4141242 |
| 11000000 | Mexico Government International Bond | 4.40% | 02/12/2052 | 7746475 |
| 7000000 | Mexico Government International Bond | 6.34% | 05/04/2053 | 6440700 |
| 5400000 | Petroleos Mexicanos | 6.75% | 09/21/2047 | 3914546 |
|  |  |  |  | 27581577 |
| **MOROCCO - 3.3%** | **MOROCCO - 3.3%** |  |  |  |
| 1800000 | Morocco Government International Bond | 2.38% | 12/15/2027 | 1704428 |
| 700000 | Morocco Government International Bond | 5.95% | 03/08/2028 | 718124 |
| 3000000 | Morocco Government International Bond | 3.00% | 12/15/2032 | 2543326 |
| 1300000 | Morocco Government International Bond | 4.00% | 12/15/2050 | 887055 |
| 1100000 | OCP SA | 4.50% | 10/22/2025 | 1096867 |
| 5800000 | OCP SA | 6.75% | 05/02/2034 | 6020156 |
|  |  |  |  | 12969956 |
| **PARAGUAY - 1.8%** | **PARAGUAY - 1.8%** |  |  |  |
| 6104427 | Bioceanico Sovereign Certificate Ltd. | 0.00% | 06/05/2034 | 4859123 |
| 2343000 | Paraguay Government International Bond | 4.70% | 03/27/2027 | 2344289 |
|  |  |  |  | 7203412 |
| **PERU - 0.6%** | **PERU - 0.6%** |  |  |  |
| 2438846 | Lima Metro Line 2 Finance Ltd. | 5.88% | 07/05/2034 | 2475109 |
|  | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $109,303,357)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $109,303,357)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $109,303,357)** | **100486582** |
| **COMMON STOCKS - 0.0%<sup>(e)</sup>** | **COMMON STOCKS - 0.0%<sup>(e)</sup>** |  |  |  |
| **BRAZIL - 0.0%<sup>(e)</sup>** | **BRAZIL - 0.0%<sup>(e)</sup>** |  |  |  |
| 556 | Stitching Administratiekantoor Unigel Creditors<sup>(c)(f)</sup> |  |  |  |
| 1512 | Stichting Administratiekantoor ADR<sup>(c)(f)</sup> |  |  | – |
|  | **Total Common Stocks (Cost $–)** |  |  | **–** |
| **ESCROW NOTES - 0.0%<sup>(e)</sup>** | **ESCROW NOTES - 0.0%<sup>(e)</sup>** |  |  |  |
| **MEXICO - 0.0%<sup>(e)</sup>** | **MEXICO - 0.0%<sup>(e)</sup>** |  |  |  |
| 5200000 | Credito Real SAB de CV SOFOM ER<sup>(f)</sup> |  |  | 64688 |
|  | **Total Escrow Notes (Cost $5,127,763)** |  |  | **64688** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **SHORT TERM INVESTMENTS - 1.3%** | **SHORT TERM INVESTMENTS - 1.3%** |  |  |  |
| 1686094 | First American Government Obligations Fund - U | 4.28 %<sup>(g)</sup> |  | 1686094 |
| 1686095 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(g)</sup> |  | 1686095 |
| 1686095 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(g)</sup> |  | 1686095 |
|  | **Total Short Term Investments (Cost $5,058,284)** |  |  | **5058284** |
|  | **Total Investments - 99.3% (Cost $425,525,486)** |  |  | **395531163** |
|  | **Other Assets in Excess of Liabilities - 0.7%** |  |  | **2680437** |
|  | **NET ASSETS - 100.0%** |  |  | $**398211600** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| Foreign Corporate Bonds | 72.8% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 25.2% |
| Short Term Investments | 1.3% |
| Escrow Notes | 0.0 %<sup>(e)</sup> |
| Common Stocks | 0.0 %<sup>(e)</sup> |
| Other Assets and Liabilities | 0.7% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN** as a % of Net Assets: | |
| Banking | 21.5% |
| Transportation | 16.9% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 16.8% |
| Utilities | 13.7% |
| Energy | 10.9% |
| Mining | 5.9% |
| Consumer Products | 4.1% |
| Retailers (other than Food/Drug) | 2.9% |
| Building and Development (including Steel/Metals) | 2.4% |
| Short Term Investments | 1.3% |
| Telecommunications | 0.9% |
| Chemical Products | 0.8% |
| Conglomerates | 0.7% |
| Food Products | 0.3% |
| Technology | 0.2% |
| Escrow Notes | 0.0 %<sup>(e)</sup> |
| Finance | 0.0 %<sup>(e)</sup> |
| Other Assets and Liabilities | 0.7% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **COUNTRY BREAKDOWN** as a % of Net Assets: | |
| Mexico | 14.9% |
| Brazil | 14.9% |
| Peru | 14.1% |
| Colombia | 10.0% |
| India | 9.9% |
| Chile | 7.4% |
| Singapore | 5.6% |
| Guatemala | 5.5% |
| Paraguay | 3.7% |
| Indonesia | 3.6% |
| Morocco | 3.3% |
| South Africa | 1.8% |
| Dominican Republic | 1.8% |
| United States | 1.3% |
| Vietnam | 0.8% |
| United Arab Emirates | 0.7% |
| Kuwait | 0.0 %<sup>(e)</sup> |
| Jamaica | 0.0 %<sup>(e)</sup> |
| Other Assets and Liabilities | 0.7% |
| Net Assets | 100.0% |

---

**(a)** **Perpetual maturity. The date disclosed is the next call date of the security.** 

**(b)** **Security is in default or has failed to make a scheduled payment. Income is not being accrued.** 

**(c)** **Value determined using significant unobservable inputs.** 

**(d)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $51,205,993 or 12.9% of the Fund's net assets.** 

**(e)** **Represents less than 0.05% of net assets.** 

**(f)** **Non-income producing security.** 

**(g)** **Seven-day yield as of period end.** 

---

| | |
|:---|:---|
| **CMT** | **Constant Maturity Treasury Rate** |
| **PIK** | **A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.** |

---

---

| | |
|:---|:---|
| **DoubleLine Low Duration Bond Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **ASSET BACKED OBLIGATIONS - 7.8%** | **ASSET BACKED OBLIGATIONS - 7.8%** |  |  |  |
|  | ACHV Trust |  |  |  |
| 360276 | &nbsp;&nbsp;Series 2023-3PL-C | 7.35 %<sup>(a)</sup> | 08/19/2030 | 360774 |
| 4339051 | &nbsp;&nbsp;Series 2024-2PL-A | 5.07 %<sup>(a)</sup> | 10/27/2031 | 4355458 |
|  | Affirm, Inc. |  |  |  |
| 5300000 | &nbsp;&nbsp;Series 2024-A-A | 5.61 %<sup>(a)</sup> | 02/15/2029 | 5325227 |
| 679482 | &nbsp;&nbsp;Series 2024-X1-A | 6.27 %<sup>(a)</sup> | 05/15/2029 | 680058 |
| 2308934 | &nbsp;&nbsp;Series 2024-X2-A | 5.22 %<sup>(a)</sup> | 12/17/2029 | 2310290 |
| 20000000 | &nbsp;&nbsp;Series 2025-1A-A | 4.99 %<sup>(a)</sup> | 02/15/2033 | 20164394 |
| 10711011 | &nbsp;&nbsp;Series 2025-X1-A | 5.08 %<sup>(a)</sup> | 04/15/2030 | 10722405 |
|  | Aligned Data Centers Issuer LLC |  |  |  |
| 3100000 | &nbsp;&nbsp;Series 2022-1A-A2 | 6.35 %<sup>(a)</sup> | 10/15/2047 | 3108891 |
|  | American Credit Acceptance Receivables Trust |  |  |  |
| 202762 | &nbsp;&nbsp;Series 2024-2-A | 5.90 %<sup>(a)</sup> | 02/12/2027 | 202871 |
| 2708817 | &nbsp;&nbsp;Series 2024-3-A | 5.76 %<sup>(a)</sup> | 11/12/2027 | 2714151 |
| 6000000 | &nbsp;&nbsp;Series 2024-4-B | 4.80 %<sup>(a)</sup> | 11/13/2028 | 6007864 |
|  | Aqua Finance Trust |  |  |  |
| 1009762 | &nbsp;&nbsp;Series 2020-AA-A | 1.90 %<sup>(a)</sup> | 07/17/2046 | 946012 |
|  | Arivo Acceptance Auto Loan Receivables Trust |  |  |  |
| 1009422 | &nbsp;&nbsp;Series 2022-1A-A | 3.93 %<sup>(a)</sup> | 05/15/2028 | 1007639 |
|  | AVANT Loans Funding Trust |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2024-REV1-A | 5.92 %<sup>(a)</sup> | 10/15/2033 | 10121450 |
| 20000000 | &nbsp;&nbsp;Series 2025-REV1-A | 5.12 %<sup>(a)</sup> | 05/15/2034 | 20081566 |
|  | Bridgecrest Lending Auto Securitization Trust |  |  |  |
| 1577737 | &nbsp;&nbsp;Series 2024-3-A2 | 5.54% | 02/16/2027 | 1578624 |
|  | CAI International, Inc. |  |  |  |
| 6389531 | &nbsp;&nbsp;Series 2020-1A-A | 2.22 %<sup>(a)</sup> | 09/25/2045 | 6035961 |
|  | Carvana Auto Receivables Trust |  |  |  |
| 1051826 | &nbsp;&nbsp;Series 2023-N3-A | 6.41 %<sup>(a)</sup> | 09/10/2027 | 1053710 |
| 1241157 | &nbsp;&nbsp;Series 2024-N1-A2 | 5.76 %<sup>(a)</sup> | 04/12/2027 | 1241858 |
| 8000000 | &nbsp;&nbsp;Series 2024-P3-A4 | 4.31% | 09/10/2030 | 8002034 |
|  | Cologix Data Centers US Issuer LLC |  |  |  |
| 3910000 | &nbsp;&nbsp;Series 2021-1A-A2 | 3.30 %<sup>(a)</sup> | 12/26/2051 | 3785977 |
|  | Commonbond Student Loan Trust |  |  |  |
| 770581 | &nbsp;&nbsp;Series 2017-BGS-A1 | 2.68 %<sup>(a)</sup> | 09/25/2042 | 721743 |
| 718023 | &nbsp;&nbsp;Series 2020-AGS-A | 1.98 %<sup>(a)</sup> | 08/25/2050 | 641777 |
|  | Compass Datacenters LLC |  |  |  |
| 17648000 | &nbsp;&nbsp;Series 2024-1A-A1 | 5.25 %<sup>(a)</sup> | 02/25/2049 | 17750170 |
|  | CPS Auto Trust |  |  |  |
| 495835 | &nbsp;&nbsp;Series 2024-A-A | 5.71 %<sup>(a)</sup> | 09/15/2027 | 496333 |
|  | DataBank Issuer |  |  |  |
| 1599000 | &nbsp;&nbsp;Series 2021-1A-A2 | 2.06 %<sup>(a)</sup> | 02/27/2051 | 1564460 |
| 10000000 | &nbsp;&nbsp;Series 2023-1A-A2 | 5.12 %<sup>(a)</sup> | 02/25/2053 | 9988980 |
|  | Diamond Resorts Owner Trust |  |  |  |
| 1015627 | &nbsp;&nbsp;Series 2021-1A-B | 2.05 %<sup>(a)</sup> | 11/21/2033 | 1010280 |
|  | Domino's SPV Guarantor LLC |  |  |  |
| 1488000 | &nbsp;&nbsp;Series 2019-1A-A2 | 3.67 %<sup>(a)</sup> | 10/25/2049 | 1420713 |
|  | DT Auto Owner Trust |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2022-1A-E | 5.53 %<sup>(a)</sup> | 03/15/2029 | 1993313 |
|  | Exeter Automobile Receivables Trust |  |  |  |
| 4348985 | &nbsp;&nbsp;Series 2021-4A-D | 1.96% | 01/17/2028 | 4298293 |
| 1879665 | &nbsp;&nbsp;Series 2024-5A-A2 | 4.79% | 04/15/2027 | 1879645 |
|  | FCCU Auto Receivables Trust |  |  |  |
| 3500000 | &nbsp;&nbsp;Series 2025-1A-A2 | 4.87 %<sup>(a)</sup> | 01/16/2029 | 3508366 |
|  | Global Sea Containers Two SRL |  |  |  |
| 2373378 | &nbsp;&nbsp;Series 2020-1A-A | 2.17 %<sup>(a)</sup> | 10/17/2040 | 2263514 |
|  | GLS Auto Receivables Trust |  |  |  |
| 46034 | &nbsp;&nbsp;Series 2021-1A-D | 1.68 %<sup>(a)</sup> | 01/15/2027 | 45977 |
| 19650000 | &nbsp;&nbsp;Series 2025-1A-C | 5.07 %<sup>(a)</sup> | 11/15/2030 | 19835390 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | GLS Auto Select Receivables Trust |  |  |  |
| 3040155 | &nbsp;&nbsp;Series 2024-3A-A2 | 5.59 %<sup>(a)</sup> | 10/15/2029 | 3077651 |
| 7838050 | &nbsp;&nbsp;Series 2024-4A-A2 | 4.43 %<sup>(a)</sup> | 12/17/2029 | 7835547 |
|  | GM Financial Leasing Trust |  |  |  |
| 6750000 | &nbsp;&nbsp;Series 2025-2-C | 5.04% | 10/22/2029 | 6807163 |
|  | GreenSky LLC |  |  |  |
| 3048321 | &nbsp;&nbsp;Series 2024-2-A4 | 5.15 %<sup>(a)</sup> | 10/27/2059 | 3075934 |
|  | Hilton Grand Vacations, Inc. |  |  |  |
| 236171 | &nbsp;&nbsp;Series 2020-AA-A | 2.74 %<sup>(a)</sup> | 02/25/2039 | 230340 |
|  | Laurel Road Prime Student Loan Trust |  |  |  |
| 54631 | &nbsp;&nbsp;Series 2019-A-A1FX | 2.34 %<sup>(a)</sup> | 10/25/2048 | 54404 |
|  | Lendbuzz Securitization Trust |  |  |  |
| 3774972 | &nbsp;&nbsp;Series 2023-1A-A2 | 6.92 %<sup>(a)</sup> | 08/15/2028 | 3829266 |
| 1726593 | &nbsp;&nbsp;Series 2023-2A-A2 | 7.09 %<sup>(a)</sup> | 10/16/2028 | 1755809 |
| 5713371 | &nbsp;&nbsp;Series 2024-2A-A2 | 5.99 %<sup>(a)</sup> | 05/15/2029 | 5763018 |
| 8750000 | &nbsp;&nbsp;Series 2025-1A-A2 | 5.10 %<sup>(a)</sup> | 10/15/2030 | 8782098 |
|  | Loanpal Solar Loan Ltd. |  |  |  |
| 7115344 | &nbsp;&nbsp;Series 2020-3GS-A | 2.47 %<sup>(a)</sup> | 12/20/2047 | 6001266 |
|  | Mariner Finance Issuance Trust |  |  |  |
| 1660000 | &nbsp;&nbsp;Series 2021-AA-B | 2.33 %<sup>(a)</sup> | 03/20/2036 | 1589534 |
| 4150000 | &nbsp;&nbsp;Series 2024-BA-A | 4.91 %<sup>(a)</sup> | 11/20/2038 | 4201561 |
| 13000000 | &nbsp;&nbsp;Series 2025-AA-A | 4.98 %<sup>(a)</sup> | 05/20/2038 | 13191012 |
|  | Marlette Funding Trust |  |  |  |
| 2952619 | &nbsp;&nbsp;Series 2024-1A-A | 5.95 %<sup>(a)</sup> | 07/17/2034 | 2957240 |
|  | Navient Student Loan Trust |  |  |  |
| 1857764 | &nbsp;&nbsp;Series 2020-FA-A | 1.22 %<sup>(a)</sup> | 07/15/2069 | 1732697 |
| 1057393 | &nbsp;&nbsp;Series 2020-GA-A | 1.17 %<sup>(a)</sup> | 09/16/2069 | 985231 |
| 8586293 | &nbsp;&nbsp;Series 2022-A-A | 2.23 %<sup>(a)</sup> | 07/15/2070 | 7870653 |
|  | Pagaya AI Debt Selection Trust |  |  |  |
| 259604 | &nbsp;&nbsp;Series 2021-HG1-A | 1.22 %<sup>(a)</sup> | 01/16/2029 | 258447 |
| 849902 | &nbsp;&nbsp;Series 2024-11-B | 5.64 %<sup>(a)</sup> | 07/15/2032 | 852777 |
| 7999081 | &nbsp;&nbsp;Series 2024-11-C | 5.87 %<sup>(a)</sup> | 07/15/2032 | 8031794 |
| 1381641 | &nbsp;&nbsp;Series 2024-5-C | 7.27 %<sup>(a)</sup> | 10/15/2031 | 1396796 |
| 11499018 | &nbsp;&nbsp;Series 2025-1-A2 | 5.16 %<sup>(a)</sup> | 07/15/2032 | 11534066 |
| 6250000 | &nbsp;&nbsp;Series 2025-2-B | 5.33 %<sup>(a)</sup> | 10/15/2032 | 6263509 |
| 8000000 | &nbsp;&nbsp;Series 2025-2-C | 5.64 %<sup>(a)</sup> | 10/15/2032 | 8022042 |
|  | Prosper Marketplace Issuance Trust |  |  |  |
| 444192 | &nbsp;&nbsp;Series 2024-1A-A | 6.12 %<sup>(a)</sup> | 08/15/2029 | 444838 |
|  | Research-Driven Pagaya Motor Asset Trust |  |  |  |
| 21576140 | &nbsp;&nbsp;Series 2025-1A-A | 5.04 %<sup>(a)</sup> | 06/27/2033 | 21545487 |
|  | Santander Consumer USA Holdings, Inc. |  |  |  |
| 792992 | &nbsp;&nbsp;Series 2024-3-A2 | 5.91% | 06/15/2027 | 793469 |
| 4250000 | &nbsp;&nbsp;Series 2024-5-C | 4.78% | 01/15/2031 | 4270145 |
|  | SCCU Auto Receivables Trust |  |  |  |
| 5469676 | &nbsp;&nbsp;Series 2024-1A-A2 | 5.45 %<sup>(a)</sup> | 12/15/2027 | 5482624 |
|  | SFS Auto Receivables Securitization Trust |  |  |  |
| 371292 | &nbsp;&nbsp;Series 2024-1A-A2 | 5.35 %<sup>(a)</sup> | 06/21/2027 | 371506 |
|  | Sierra Timeshare Conduit Receivables Funding LLC |  |  |  |
| 645276 | &nbsp;&nbsp;Series 2021-2A-C | 1.95 %<sup>(a)</sup> | 09/20/2038 | 630234 |
|  | Slam Ltd. |  |  |  |
| 9525223 | &nbsp;&nbsp;Series 2024-1A-A | 5.34 %<sup>(a)</sup> | 09/15/2049 | 9609950 |
|  | SLM Student Loan Trust |  |  |  |
| 3789619 | &nbsp;&nbsp;Series 2006-A-A5 (3 mo. Term SOFR + 0.55%, 0.00% Floor) | 4.87% | 06/15/2039 | 3689198 |
| 2246562 | &nbsp;&nbsp;Series 2006-B-A5 (3 mo. Term SOFR + 0.53%, 0.00% Floor) | 4.85% | 12/15/2039 | 2192719 |
|  | SOFI Alternative Trust |  |  |  |
| 1370240 | &nbsp;&nbsp;Series 2021-1-PT1 | 9.72 %<sup>(a)(b)</sup> | 05/25/2030 | 1357097 |
| 1674415 | &nbsp;&nbsp;Series 2021-2-A | 1.25 %<sup>(a)</sup> | 08/15/2030 | 1655636 |
| 4172425 | &nbsp;&nbsp;Series 2021-3-A | 1.50 %<sup>(a)</sup> | 11/15/2030 | 4107807 |
|  | SoFi Consumer Loan Program Trust |  |  |  |
| 12539668 | &nbsp;&nbsp;Series 2025-1-A | 4.80 %<sup>(a)</sup> | 02/27/2034 | 12566829 |
| 12000000 | &nbsp;&nbsp;Series 2025-2-B | 4.97 %<sup>(a)</sup> | 06/25/2034 | 12170784 |
|  | SoFi Professional Loan Program LLC |  |  |  |
| 497609 | &nbsp;&nbsp;Series 2018-D-A2FX | 3.60 %<sup>(a)</sup> | 02/25/2048 | 492090 |
| 2752424 | &nbsp;&nbsp;Series 2020-C-AFX | 1.95 %<sup>(a)</sup> | 02/15/2046 | 2578022 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | TAL Advantage LLC |  |  |  |
| 2506250 | &nbsp;&nbsp;Series 2020-1A-A | 2.05 %<sup>(a)</sup> | 09/20/2045 | 2361870 |
|  | Tesla Sustainable Energy Trust |  |  |  |
| 19817128 | &nbsp;&nbsp;Series 2024-1A-A2 | 5.08 %<sup>(a)</sup> | 06/21/2050 | 19903896 |
|  | Textainer Ltd. |  |  |  |
| 693333 | &nbsp;&nbsp;Series 2021-3A-A | 1.94 %<sup>(a)</sup> | 08/20/2046 | 617699 |
|  | Toyota Lease Owner Trust |  |  |  |
| 17150000 | &nbsp;&nbsp;Series 2024-B-A4 | 4.25 %<sup>(a)</sup> | 01/22/2029 | 17167995 |
|  | UPCL |  |  |  |
| 8581862 | &nbsp;&nbsp;Series 2023-1-A | 7.65 %<sup>(c)</sup> | 04/22/2030 | 8673688 |
|  | Upgrade Master Pass-Thru Trust |  |  |  |
| 266114 | &nbsp;&nbsp;Series 2021-PT3-A | 16.14 %<sup>(a)(b)</sup> | 07/15/2027 | 248782 |
| 11531400 | &nbsp;&nbsp;Series 2025-ST2-A | 6.11 %<sup>(a)</sup> | 06/15/2032 | 11636044 |
|  | Upgrade Receivables Trust |  |  |  |
| 5235180 | &nbsp;&nbsp;Series 2024-1A-A | 5.37 %<sup>(a)</sup> | 02/18/2031 | 5239167 |
|  | Upstart Pass-Through Trust Series |  |  |  |
| 164215 | &nbsp;&nbsp;Series 2021-ST5-A | 2.00 %<sup>(a)</sup> | 07/20/2027 | 163105 |
|  | Upstart Securitization Trust |  |  |  |
| 609785 | &nbsp;&nbsp;Series 2023-1-B | 8.35 %<sup>(a)</sup> | 02/20/2033 | 611280 |
| 285693 | &nbsp;&nbsp;Series 2023-2-A | 6.77 %<sup>(a)</sup> | 06/20/2033 | 285915 |
| 2299417 | &nbsp;&nbsp;Series 2023-3-A | 6.90 %<sup>(a)</sup> | 10/20/2033 | 2314029 |
| 6943874 | &nbsp;&nbsp;Series 2024-1-A | 5.33 %<sup>(a)</sup> | 11/20/2034 | 6956736 |
| 13188507 | &nbsp;&nbsp;Series 2025-1-A | 5.45 %<sup>(a)</sup> | 04/20/2035 | 13214580 |
| 7000000 | &nbsp;&nbsp;Series 2025-2-A2 | 5.22 %<sup>(a)</sup> | 06/20/2035 | 7034790 |
|  | Wendy's SPV Guarantor LLC |  |  |  |
| 4647051 | &nbsp;&nbsp;Series 2018-1A-A2II | 3.88 %<sup>(a)</sup> | 03/15/2048 | 4539903 |
|  | Westgate Resorts LLC |  |  |  |
| 1964283 | &nbsp;&nbsp;Series 2022-1A-C | 2.49 %<sup>(a)</sup> | 08/20/2036 | 1952548 |
|  | Westlake Automobile Receivables Trust |  |  |  |
| 1972695 | &nbsp;&nbsp;Series 2023-4A-A2 | 6.23 %<sup>(a)</sup> | 01/15/2027 | 1975469 |
| 918408 | &nbsp;&nbsp;Series 2024-1A-A2A | 5.62 %<sup>(a)</sup> | 03/15/2027 | 919012 |
|  | **Total Asset Backed Obligations (Cost $482,052,848)** |  |  | **483100966** |
| **COLLATERALIZED LOAN OBLIGATIONS - 12.0%** | **COLLATERALIZED LOAN OBLIGATIONS - 12.0%** |  |  |  |
|  | Allegro CLO Ltd. |  |  |  |
| 7000000 | &nbsp;&nbsp;Series 2022-1A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor) | 5.49 %<sup>(a)</sup> | 04/20/2038 | 7003318 |
|  | Bain Capital Credit CLO |  |  |  |
| 20000000 | &nbsp;&nbsp;Series 2022-6A-A1R (3 mo. Term SOFR + 1.37%, 1.37% Floor) | 5.64 %<sup>(a)</sup> | 01/22/2038 | 20099872 |
| 10000000 | &nbsp;&nbsp;Series 2024-6A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.65 %<sup>(a)</sup> | 01/21/2038 | 10032430 |
|  | Battalion CLO Ltd. |  |  |  |
| 30000000 | &nbsp;&nbsp;Series 2017-11A-AR (3 mo. Term SOFR + 1.41%, 1.15% Floor) | 5.69 %<sup>(a)</sup> | 04/24/2034 | 30075990 |
| 22000000 | &nbsp;&nbsp;Series 2021-20A-AR (3 mo. Term SOFR + 1.22%, 1.22% Floor) | 5.54 %<sup>(a)</sup> | 04/15/2038 | 21998768 |
|  | Benefit Street Partners CLO Ltd. |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2024-37A-A (3 mo. Term SOFR + 1.35%, 1.35% Floor) | 5.70 %<sup>(a)</sup> | 01/25/2038 | 15061036 |
|  | BlueMountain CLO Ltd. |  |  |  |
| 22000000 | &nbsp;&nbsp;Series 2021-31A-A1 (3 mo. Term SOFR + 1.41%, 1.15% Floor) | 5.68 %<sup>(a)</sup> | 04/19/2034 | 22054314 |
|  | Bridge Street CLO Ltd. |  |  |  |
| 24000000 | &nbsp;&nbsp;Series 2021-1A-A1A (3 mo. Term SOFR + 1.49%, 1.23% Floor) | 5.76 %<sup>(a)</sup> | 07/20/2034 | 24047434 |
| 6000000 | &nbsp;&nbsp;Series 2025-1A-A1 (3 mo. Term SOFR + 1.22%, 1.22% Floor) | 5.48 %<sup>(a)</sup> | 04/20/2038 | 6003066 |
|  | Capital Four US CLO Ltd. |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2021-1A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor) | 5.74 %<sup>(a)</sup> | 01/18/2035 | 15027301 |
|  | Carlyle Global Market Strategies |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2022-2A-A1R (3 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.63 %<sup>(a)</sup> | 01/20/2038 | 15076260 |
|  | CBAM Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2017-1A-AR2 (3 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.66 %<sup>(a)</sup> | 01/20/2038 | 10042280 |
| 10000000 | &nbsp;&nbsp;Series 2017-2A-AR (3 mo. Term SOFR + 1.45%, 1.19% Floor) | 5.73 %<sup>(a)</sup> | 07/17/2034 | 10016938 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 6245555 | &nbsp;&nbsp;Series 2019-10A-A1R (3 mo. Term SOFR + 1.38%, 1.12% Floor) | 5.65 %<sup>(a)</sup> | 04/20/2032 | 6257589 |
|  | Cedar Funding Ltd. |  |  |  |
| 20000000 | &nbsp;&nbsp;Series 2018-9A-AR (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.69 %<sup>(a)</sup> | 07/20/2037 | 20087432 |
|  | CIFC Funding Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2021-5A-A1R (3 mo. Term SOFR + 1.26%, 1.26% Floor) | 5.52 %<sup>(a)</sup> | 01/15/2038 | 10026000 |
|  | Clover CLO |  |  |  |
| 20000000 | &nbsp;&nbsp;Series 2018-1A-A1RR (3 mo. Term SOFR + 1.53%, 1.53% Floor) | 5.80 %<sup>(a)</sup> | 04/20/2037 | 20080356 |
|  | Crown City CLO |  |  |  |
| 18000000 | &nbsp;&nbsp;Series 2021-1A-A1A (3 mo. Term SOFR + 1.43%, 1.17% Floor) | 5.70 %<sup>(a)</sup> | 07/20/2034 | 18036839 |
|  | Generate CLO Ltd. |  |  |  |
| 46500000 | &nbsp;&nbsp;Series 9A-AR (3 mo. Term SOFR + 1.35%, 1.35% Floor) | 5.62 %<sup>(a)</sup> | 01/20/2038 | 46662606 |
|  | Greenacre Park CLO LLC |  |  |  |
| 5240000 | &nbsp;&nbsp;Series 2021-2A-AR (3 mo. Term SOFR + 1.37%, 1.37% Floor) | 5.67 %<sup>(a)</sup> | 07/20/2037 | 5262947 |
|  | Halsey Point CLO Ltd. |  |  |  |
| 52000000 | &nbsp;&nbsp;Series 2021-5A-A1A (3 mo. Term SOFR + 1.47%, 1.21% Floor) | 5.75 %<sup>(a)</sup> | 01/30/2035 | 52093600 |
|  | Harbourview CLO VII LLC |  |  |  |
| 497422 | &nbsp;&nbsp;Series 7RA-A1 (3 mo. Term SOFR + 1.39%, 1.13% Floor) | 5.66 %<sup>(a)</sup> | 07/18/2031 | 497684 |
|  | Invesco CLO Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2023-3A-A (3 mo. Term SOFR + 1.80%, 1.80% Floor) | 6.06 %<sup>(a)</sup> | 07/15/2036 | 10020380 |
|  | Jackson Financial, Inc. |  |  |  |
| 20000000 | &nbsp;&nbsp;Series 2021-5A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor) | 5.73 %<sup>(a)</sup> | 10/18/2034 | 20044358 |
|  | Katayma CLO Ltd. |  |  |  |
| 22500000 | &nbsp;&nbsp;Series 2024-2A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor) | 5.92 %<sup>(a)</sup> | 04/20/2037 | 22616370 |
|  | Madison Park Funding Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2021-52A-A (3 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.63 %<sup>(a)</sup> | 01/22/2035 | 10036820 |
|  | Marble Point CLO |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2021-2A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor) | 5.74 %<sup>(a)</sup> | 07/25/2034 | 10012195 |
|  | MP CLO Ltd. |  |  |  |
| 15000000 | &nbsp;&nbsp;Series 2015-2A-ARR (3 mo. Term SOFR + 1.46%, 1.20% Floor) | 5.74 %<sup>(a)</sup> | 04/28/2034 | 15029130 |
|  | Ocean Trails CLO |  |  |  |
| 8629731 | &nbsp;&nbsp;Series 2014-5A-ARR (3 mo. Term SOFR + 1.54%, 1.28% Floor) | 5.78 %<sup>(a)</sup> | 10/13/2031 | 8656037 |
|  | OCP CLO Ltd. |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2020-20A-A1R (3 mo. Term SOFR + 1.53%, 1.53% Floor) | 5.80 %<sup>(a)</sup> | 04/18/2037 | 3012087 |
| 28000000 | &nbsp;&nbsp;Series 2024-32A-A1 (3 mo. Term SOFR + 1.52%, 1.52% Floor) | 5.80 %<sup>(a)</sup> | 04/23/2037 | 28110732 |
|  | Octagon Credit Investors LLC |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2025-1A-A1 (3 mo. Term SOFR + 1.20%, 1.20% Floor) | 5.49 %<sup>(a)</sup> | 01/22/2038 | 10006388 |
|  | OHA Credit Funding |  |  |  |
| 9000000 | &nbsp;&nbsp;Series 2020-7A-A1R2 (3 mo. Term SOFR + 1.28%, 1.28% Floor) | 5.54 %<sup>(a)</sup> | 07/19/2038 | 9000000 |
|  | Regatta Funding Ltd. |  |  |  |
| 11000000 | &nbsp;&nbsp;Series 2024-1A-A1 (3 mo. Term SOFR + 1.53%, 1.53% Floor) | 5.81 %<sup>(a)</sup> | 04/26/2037 | 11045990 |
|  | Romark LLC |  |  |  |
| 6876701 | &nbsp;&nbsp;Series 2018-1A-A1 (3 mo. Term SOFR + 1.29%, 0.00% Floor) | 5.56 %<sup>(a)</sup> | 04/20/2031 | 6886495 |
|  | Sound Point CLO Ltd. |  |  |  |
| 8497600 | &nbsp;&nbsp;Series 2014-2RA-A (3 mo. Term SOFR + 1.51%, 1.25% Floor) | 5.78 %<sup>(a)</sup> | 10/20/2031 | 8526025 |
| 25000000 | &nbsp;&nbsp;Series 2020-1A-AR (3 mo. Term SOFR + 1.43%, 1.43% Floor) | 5.70 %<sup>(a)</sup> | 07/20/2034 | 25051265 |
|  | Steele Creek CLO Ltd. |  |  |  |
| 27583518 | &nbsp;&nbsp;Series 2019-2A-ARR (3 mo. Term SOFR + 1.00%, 1.00% Floor) | 5.26 %<sup>(a)</sup> | 07/15/2032 | 27588113 |
|  | Storm King Park CLO Ltd. |  |  |  |
| 9000000 | &nbsp;&nbsp;Series 2022-1A-AR (3 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.62 %<sup>(a)</sup> | 10/15/2037 | 9037005 |
|  | Texas Debt Capital CLO Ltd. |  |  |  |
| 10500000 | &nbsp;&nbsp;Series 2023-1A-A1R (3 mo. Term SOFR + 1.30%, 1.30% Floor) | 5.57 %<sup>(a)</sup> | 07/20/2038 | 10500000 |
|  | Tralee CLO Ltd. |  |  |  |
| 2908428 | &nbsp;&nbsp;Series 2019-6A-A1RR (3 mo. Term SOFR + 1.22%, 1.22% Floor) | 5.50 %<sup>(a)</sup> | 10/25/2032 | 2915065 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Trestles CLO LLC |  |  |  |
| 20000000 | &nbsp;&nbsp;Series 2021-4A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor) | 5.70 %<sup>(a)</sup> | 07/21/2034 | 20045516 |
|  | Trestles LLC |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2023-6A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor) | 5.45 %<sup>(a)</sup> | 04/25/2038 | 10002980 |
|  | Trimaran CAVU LLC |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2021-3A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor) | 5.74 %<sup>(a)</sup> | 01/18/2035 | 10015334 |
|  | Vibrant CLO Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2021-13A-A1R (3 mo. Term SOFR + 1.40%, 1.40% Floor) | 5.66 %<sup>(a)</sup> | 01/15/2038 | 10034456 |
| 20000000 | &nbsp;&nbsp;Series 2024-4RA-A1A (3 mo. Term SOFR + 1.43%, 1.43% Floor) | 5.70 %<sup>(a)</sup> | 10/20/2037 | 20094196 |
|  | Warwick Capital CLO Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2024-4A-A1 (3 mo. Term SOFR + 1.40%, 1.40% Floor) | 5.67 %<sup>(a)</sup> | 07/20/2037 | 10042897 |
|  | Wellfleet CLO Ltd. |  |  |  |
| 8000000 | &nbsp;&nbsp;Series 2020-1A-A1AR (3 mo. Term SOFR + 1.20%, 1.20% Floor) | 5.46 %<sup>(a)</sup> | 04/15/2033 | 8018635 |
| 5000000 | &nbsp;&nbsp;Series 2021-2A-A1 (3 mo. Term SOFR + 1.46%, 1.20% Floor) | 5.72 %<sup>(a)</sup> | 07/15/2034 | 5007240 |
| 5000000 | &nbsp;&nbsp;Series 2022-1A-A1RN (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.68 %<sup>(a)</sup> | 07/15/2037 | 5022323 |
|  | Wellington Management Clo 3 Ltd. |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 2025-4A-A (3 mo. Term SOFR + 1.15%, 1.15% Floor) | 5.43 %<sup>(a)</sup> | 04/18/2038 | 3997331 |
|  | Wind River CLO Ltd. |  |  |  |
| 14500000 | &nbsp;&nbsp;Series 2021-4A-AR (3 mo. Term SOFR + 1.23%, 1.23% Floor) | 0.00 %<sup>(a)</sup> | 01/20/2035 | 14500000 |
|  | **Total Collateralized Loan Obligations (Cost $748,722,342)** |  |  | **750419423** |
| **FOREIGN CORPORATE BONDS - 6.8%** | **FOREIGN CORPORATE BONDS - 6.8%** |  |  |  |
| 1760000 | Adani International Container Terminal Pvt Ltd. | 3.00% | 02/16/2031 | 1551040 |
| 5400000 | Adani Ports & Special Economic Zone Ltd. | 4.00% | 07/30/2027 | 5231448 |
| 4300000 | Adani Transmission Step-One Ltd. | 4.00% | 08/03/2026 | 4255877 |
| 5781000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 6.45% | 04/15/2027 | 5971441 |
| 2487000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 5.75% | 06/06/2028 | 2573702 |
| 1465000 | Aker BP ASA | 5.60 %<sup>(a)</sup> | 06/13/2028 | 1505563 |
| 5362477 | AL Candelaria Spain SA | 7.50% | 12/15/2028 | 5356433 |
| 4100000 | AngloGold Ashanti Holdings PLC | 3.38% | 11/01/2028 | 3915722 |
| 4500000 | Antofagasta PLC | 2.38% | 10/14/2030 | 3984666 |
| 4083000 | Avolon Holdings Funding Ltd. | 6.38 %<sup>(a)</sup> | 05/04/2028 | 4259519 |
| 4637000 | Avolon Holdings Funding Ltd. | 5.38 %<sup>(a)</sup> | 05/30/2030 | 4725537 |
| 9131000 | BAE Systems PLC | 3.40 %<sup>(a)</sup> | 04/15/2030 | 8716435 |
| 2850000 | Banco Continental SAECA | 2.75 %<sup>(a)</sup> | 12/10/2025 | 2824969 |
| 5500000 | Banco Continental SAECA | 2.75% | 12/10/2025 | 5451694 |
| 7200000 | Banco de Bogota SA | 6.25% | 05/12/2026 | 7227216 |
| 1800000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 2.45%) | 3.25% | 09/30/2031 | 1746922 |
| 7900000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 2.45%) | 3.25 %<sup>(a)</sup> | 09/30/2031 | 7667047 |
| 6250000 | Banco Industrial SA/Guatemala<br> (5 yr. CMT Rate + 4.44%) | 4.88% | 01/29/2031 | 6223437 |
| 9000000 | Banco Internacional del Peru SAA Interbank<br> (5 yr. CMT Rate + 3.71%) | 4.00% | 07/08/2030 | 8973331 |
| 5650000 | Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand<br> (5 yr. CMT Rate + 3.00%) | 7.53% | 10/01/2028 | 5978903 |
| 1890000 | Bank of Ireland Group PLC<br> (SOFR + 1.62%) | 5.60 %<sup>(a)</sup> | 03/20/2030 | 1948693 |
| 5797000 | Bank of Montreal<br> (SOFR + 1.25%) | 4.64% | 09/10/2030 | 5846550 |
| 251000 | BAT Capital Corp. | 4.91% | 04/02/2030 | 254458 |
| 3484000 | BAT International Finance PLC | 1.67% | 03/25/2026 | 3412323 |
| 4090000 | BAT International Finance PLC | 5.93% | 02/02/2029 | 4293441 |
| 9400000 | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX<br> (5 yr. CMT Rate + 4.31%) | 5.88% | 09/13/2034 | 9243588 |
| 5828000 | BPCE SA<br> (SOFR + 1.68%) | 5.88 %<sup>(a)</sup> | 01/14/2031 | 6047254 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 3200000 | BRF GmbH | 4.35% | 09/29/2026 | 3170085 |
| 5322000 | CaixaBank SA<br> (SOFR + 2.70%) | 6.21 %<sup>(a)</sup> | 01/18/2029 | 5532836 |
| 3065000 | Canadian Imperial Bank of Commerce | 3.95% | 08/04/2025 | 3062711 |
| 4230000 | Canadian Imperial Bank of Commerce<br> (SOFR + 1.11%) | 5.25% | 01/13/2031 | 4334518 |
| 10034000 | Canadian Pacific Railway Co. | 4.80% | 03/30/2030 | 10200343 |
| 5000000 | Cemex SAB de CV<br> (5 yr. CMT Rate + 4.53%) | 5.13 %<sup>(d)</sup> | 06/08/2026 | 4921024 |
| 4500000 | Cemex SAB de CV | 5.45% | 11/19/2029 | 4515179 |
| 4400000 | Cencosud SA | 4.38% | 07/17/2027 | 4368186 |
| 11495184 | Chile Electricity PEC SpA | 0.00 %<sup>(a)</sup> | 01/25/2028 | 10162317 |
| 2349800 | Cometa Energia SAB de CV | 6.38% | 04/24/2035 | 2423422 |
| 4149000 | Cosan Luxembourg SA | 5.50% | 09/20/2029 | 4045644 |
| 5836000 | Credit Agricole SA<br> (SOFR + 1.13%) | 5.23 %<sup>(a)</sup> | 01/09/2029 | 5933140 |
| 9700000 | DBS Group Holdings Ltd.<br> (5 yr. CMT Rate + 1.10%) | 1.82% | 03/10/2031 | 9520204 |
| 1715000 | Diageo Investment Corp. | 5.13% | 08/15/2030 | 1767413 |
| 597011 | Digicel Group Holdings Ltd. | 0.00 %<sup>(a)(c)</sup> | 12/31/2030 | 26104 |
| 191724 | Digicel Group Holdings Ltd. | 0.00 %<sup>(a)(c)</sup> | 12/31/2030 | 1194 |
| 5749000 | Element Fleet Management Corp. | 6.32 %<sup>(a)</sup> | 12/04/2028 | 6065958 |
| 4760000 | Element Fleet Management Corp. | 5.04 %<sup>(a)</sup> | 03/25/2030 | 4804001 |
| 1320500 | Empresa Electrica Angamos SA | 4.88% | 05/25/2029 | 1191821 |
| 1722165 | Empresa Electrica Cochrane SpA | 5.50% | 05/14/2027 | 1703909 |
| 2252000 | Enbridge, Inc. | 6.00% | 11/15/2028 | 2365130 |
| 4643000 | Enel Finance International NV | 5.13 %<sup>(a)</sup> | 06/26/2029 | 4731058 |
| 400000 | Energuate Trust | 5.88% | 05/03/2027 | 398144 |
| 7988235 | Fenix Power Peru SA | 4.32% | 09/20/2027 | 7820336 |
| 1350000 | Freeport Indonesia PT | 4.76 %<sup>(a)</sup> | 04/14/2027 | 1353291 |
| 5700000 | Freeport Indonesia PT | 4.76% | 04/14/2027 | 5713896 |
| 4550000 | Freeport-McMoRan, Inc. | 5.00% | 09/01/2027 | 4543254 |
| 803420 | Galaxy Pipeline Assets Bidco Ltd. | 1.75% | 09/30/2027 | 776342 |
| 1032010 | Galaxy Pipeline Assets Bidco Ltd. | 2.16% | 03/31/2034 | 916560 |
| 5164000 | Glencore Funding LLC<br> (SOFR + 1.06%) | 5.40 %<sup>(a)</sup> | 04/04/2027 | 5190155 |
| 3637000 | Glencore Funding LLC | 4.91 %<sup>(a)</sup> | 04/01/2028 | 3674958 |
| 7350318 | GNL Quintero SA | 4.63% | 07/31/2029 | 7292887 |
| 2200000 | Gold Fields Orogen Holdings BVI Ltd. | 6.13% | 05/15/2029 | 2289341 |
| 918000 | Grupo de Inversiones Suramericana SA | 5.50% | 04/29/2026 | 921580 |
| 7145097 | Guara Norte Sarl | 5.20% | 06/15/2034 | 6776722 |
| 300000 | HSBC Holdings PLC<br> (SOFR + 3.03%) | 7.34% | 11/03/2026 | 302826 |
| 320000 | HSBC Holdings PLC<br> (SOFR + 1.04%) | 5.44% | 11/19/2028 | 320108 |
| 5576000 | Imperial Brands Finance PLC | 4.50 %<sup>(a)</sup> | 06/30/2028 | 5576308 |
| 2600000 | InRetail Consumer | 3.25% | 03/22/2028 | 2468053 |
| 6617000 | InRetail Shopping Malls | 5.75% | 04/03/2028 | 6617927 |
| 2668000 | Intercorp Financial Services, Inc. | 4.13% | 10/19/2027 | 2594865 |
| 121178 | Interoceanica IV Finance Ltd.<br> Series 2007 | 0.00 %<sup>(c)</sup> | 11/30/2025 | 117694 |
| 1500000 | Itau Unibanco Holding SA/Cayman Island | 6.00 %<sup>(a)</sup> | 02/27/2030 | 1539600 |
| 3940500 | JSW Hydro Energy Ltd. | 4.13% | 05/18/2031 | 3630437 |
| 3200000 | JSW Infrastructure Ltd. | 4.95% | 01/21/2029 | 3137915 |
| 6500000 | KUO SAB De CV | 5.75% | 07/07/2027 | 6408793 |
| 1507060 | Lima Metro Line 2 Finance Ltd. | 4.35% | 04/05/2036 | 1418746 |
| 6700478 | Mexico Generadora de Energia S de RL | 5.50% | 12/06/2032 | 6663620 |
| 5400000 | Millicom International Cellular SA | 5.13% | 01/15/2028 | 5340947 |
| 2391300 | Millicom International Cellular SA | 6.25% | 03/25/2029 | 2398201 |
| 4300000 | Minerva Luxembourg SA | 5.88% | 01/19/2028 | 4306412 |
| 1185801 | Mong Duong Finance Holdings BV | 5.13% | 05/07/2029 | 1159379 |
| 6005024 | MV24 Capital BV | 6.75% | 06/01/2034 | 5829315 |
| 460000 | Nationwide Building Society<br> (SOFR + 1.91%) | 6.56 %<sup>(a)</sup> | 10/18/2027 | 471729 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 6200000 | NatWest Group PLC<br> (1 yr. CMT Rate + 1.22%) | 4.96% | 08/15/2030 | 6273151 |
| 2600000 | NBM US Holdings, Inc. | 7.00% | 05/14/2026 | 2606903 |
| 2300000 | NBM US Holdings, Inc. | 6.63% | 08/06/2029 | 2317797 |
| 4734000 | Nutrien Ltd. | 4.90% | 03/27/2028 | 4803020 |
| 5400000 | Orazul Energy Peru SA | 5.63% | 04/28/2027 | 5352993 |
| 6900000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 1.83 %<sup>(a)</sup> | 09/10/2030 | 6865295 |
| 2000000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 4.60% | 06/15/2032 | 2004005 |
| 4159974 | Prumo Participacoes e Investimentos S/A | 7.50% | 12/31/2031 | 4217327 |
| 1907000 | Reliance Industries Ltd. | 3.67% | 11/30/2027 | 1872966 |
| 6023000 | Rio Tinto Finance USA PLC | 4.88% | 03/14/2030 | 6141016 |
| 2606000 | Royal Bank of Canada<br> (SOFR + 0.53%) | 4.89% | 01/20/2026 | 2608943 |
| 9282000 | Royal Bank of Canada<br> (SOFR + 0.86%) | 5.22% | 10/18/2028 | 9296370 |
| 800000 | Scotiabank Peru SAA<br> (1 yr. CMT Rate + 2.31%) | 6.10 %<sup>(a)</sup> | 10/01/2035 | 813600 |
| 4831000 | Siemens Funding BV | 4.35 %<sup>(a)</sup> | 05/26/2028 | 4869710 |
| 3400000 | Suzano Austria GmbH | 5.00% | 01/15/2030 | 3390297 |
| 3500000 | Telefonica Celular del Paraguay SA | 5.88% | 04/15/2027 | 3486893 |
| 1570000 | UBS Group AG<br> (1 yr. CMT Rate + 1.60%) | 6.33 %<sup>(a)</sup> | 12/22/2027 | 1612414 |
| 1200000 | Ultrapar International SA | 5.25% | 10/06/2026 | 1198015 |
| 200000 | Ultrapar International SA | 5.25% | 06/06/2029 | 199108 |
| 7600000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.52%) | 1.75% | 03/16/2031 | 7449739 |
| 1800000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.23%) | 2.00% | 10/14/2031 | 1742777 |
| 5899000 | Videotron Ltd. | 5.13 %<sup>(a)</sup> | 04/15/2027 | 5905813 |
| 5100000 | Wipro IT Services LLC | 1.50% | 06/23/2026 | 4950640 |
|  | **Total Foreign Corporate Bonds (Cost $417,427,620)** |  |  | **421982539** |
| **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.7%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.7%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.7%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.7%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.7%** |
| 650000 | Banco Nacional de Comercio Exterior SNC/Cayman Islands | 5.88 %<sup>(a)</sup> | 05/07/2030 | 660147 |
| 5486000 | Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%) | 2.72% | 08/11/2031 | 5211943 |
| 4600000 | Bank Negara Indonesia Persero Tbk PT | 3.75% | 03/30/2026 | 4553827 |
| 8563956 | Bioceanico Sovereign Certificate Ltd. | 0.00% | 06/05/2034 | 6816909 |
| 4000000 | BPRL International Singapore Pte Ltd. | 4.38% | 01/18/2027 | 3983914 |
| 2500000 | Brazilian Government International Bond | 4.50% | 05/30/2029 | 2451076 |
| 2330580 | Chile Electricity Lux MPC Sarl | 6.01% | 01/20/2033 | 2417417 |
| 2100000 | Comision Federal de Electricidad | 4.69% | 05/15/2029 | 2053145 |
| 4900000 | Comision Federal de Electricidad | 5.70 %<sup>(a)</sup> | 01/24/2030 | 4896325 |
| 3000000 | Corp. Nacional del Cobre de Chile | 3.00% | 09/30/2029 | 2788970 |
| 900000 | Corp. Nacional del Cobre de Chile | 3.15% | 01/14/2030 | 837469 |
| 1000000 | Corp. Nacional del Cobre de Chile | 3.75% | 01/15/2031 | 934228 |
| 7300000 | Dominican Republic International Bond | 5.50% | 02/22/2029 | 7286130 |
| 6000000 | Guatemala Government Bond | 4.50% | 05/03/2026 | 5954340 |
| 3200000 | Guatemala Government Bond | 5.25% | 08/10/2029 | 3184000 |
| 4851446 | Lima Metro Line 2 Finance Ltd. | 5.88% | 07/05/2034 | 4923582 |
| 3300000 | Mexico Government International Bond | 5.00% | 05/07/2029 | 3323100 |
| 3300000 | Morocco Government International Bond | 2.38% | 12/15/2027 | 3124784 |
| 1000000 | Oleoducto Central SA | 4.00% | 07/14/2027 | 975343 |
| 6600000 | ONGC Videsh Vankorneft Pte Ltd. | 3.75% | 07/27/2026 | 6542431 |
| 149000 | Paraguay Government International Bond | 5.00% | 04/15/2026 | 149000 |
| 4358000 | Paraguay Government International Bond | 4.70% | 03/27/2027 | 4360397 |
| 2500000 | Paraguay Government International Bond | 4.95% | 04/28/2031 | 2489000 |
| 6300000 | Pertamina Persero PT | 1.40% | 02/09/2026 | 6180345 |
| 5300000 | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 4.13% | 05/15/2027 | 5250967 |
| 4000000 | Peruvian Government International Bond | 2.84% | 06/20/2030 | 3675560 |
| 1800000 | Petrobras Global Finance BV | 7.38% | 01/17/2027 | 1868472 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 5500000 | Petrobras Global Finance BV | 6.00% | 01/27/2028 | 5614444 |
| 5000000 | TNB Global Ventures Capital Bhd | 3.24% | 10/19/2026 | 4932612 |
|  | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $106,002,277)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $106,002,277)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $106,002,277)** | **107439877** |
| **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 14.2%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 14.2%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 14.2%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 14.2%** |  |
|  | 1211 Avenue of the Americas Trust |  |  |  |
| 1360000 | &nbsp;&nbsp;Series 2015-1211-A1A2 | 3.90 %<sup>(a)</sup> | 08/10/2035 | 1305401 |
|  | 280 Park Avenue Mortgage Trust |  |  |  |
| 9530000 | &nbsp;&nbsp;Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor) | 5.49 %<sup>(a)</sup> | 09/15/2034 | 9446061 |
|  | ACREC Trust |  |  |  |
| 6731482 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 10/16/2036 | 6738900 |
| 9630000 | &nbsp;&nbsp;Series 2025-FL3-A (1 mo. Term SOFR + 1.31%, 1.31% Floor) | 5.62 %<sup>(a)</sup> | 08/18/2042 | 9627833 |
|  | Arbor Multifamily Mortgage Securities Trust |  |  |  |
| 14340000 | &nbsp;&nbsp;Series 2021-MF2-A2 | 2.02 %<sup>(a)</sup> | 06/15/2054 | 13918711 |
| 77990 | &nbsp;&nbsp;Series 2021-MF3-A1 | 1.07 %<sup>(a)</sup> | 10/15/2054 | 76229 |
|  | Arbor Realty Trust, Inc. |  |  |  |
| 13247589 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.46% Floor) | 5.78 %<sup>(a)</sup> | 11/15/2036 | 13287093 |
| 10318147 | &nbsp;&nbsp;Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor) | 5.75 %<sup>(a)</sup> | 01/15/2037 | 10332510 |
|  | AREIT Trust |  |  |  |
| 4421223 | &nbsp;&nbsp;Series 2022-CRE6-A (30 day avg SOFR US + 1.25%, 1.25% Floor) | 5.55 %<sup>(a)</sup> | 01/20/2037 | 4439491 |
| 14630000 | &nbsp;&nbsp;Series 2025-CRE10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 12/17/2029 | 14496443 |
|  | Banc of America Merrill Lynch Commercial Mortgage, Inc. |  |  |  |
| 29108538 | &nbsp;&nbsp;Series 2016-UB10-XA | 1.88 %<sup>(b)(e)</sup> | 07/15/2049 | 126931 |
|  | BANK |  |  |  |
| 65043991 | &nbsp;&nbsp;Series 2017-BNK5-XA | 1.08 %<sup>(b)(e)</sup> | 06/15/2060 | 1028580 |
| 78302223 | &nbsp;&nbsp;Series 2017-BNK6-XA | 0.92 %<sup>(b)(e)</sup> | 07/15/2060 | 951145 |
| 20921428 | &nbsp;&nbsp;Series 2019-BN20-XA | 0.92 %<sup>(b)(e)</sup> | 09/15/2062 | 611883 |
| 183927870 | &nbsp;&nbsp;Series 2020-BN26-XA | 1.31 %<sup>(b)(e)</sup> | 03/15/2063 | 7726773 |
| 3021000 | &nbsp;&nbsp;Series 2021-BN34-ASB | 2.19% | 06/15/2063 | 2809184 |
| 1490731 | &nbsp;&nbsp;Series 2024-BNK48-A1 | 4.33% | 10/15/2057 | 1485705 |
|  | BANK5 Trust |  |  |  |
| 2960922 | &nbsp;&nbsp;Series 2023-5YR2-A1 | 6.20% | 07/15/2056 | 3020078 |
| 4871806 | &nbsp;&nbsp;Series 2024-5YR5-A3 | 5.70% | 02/15/2029 | 5037835 |
| 2821173 | &nbsp;&nbsp;Series 2024-5YR8-A1 | 5.19% | 08/15/2057 | 2857459 |
| 2910281 | &nbsp;&nbsp;Series 2025-5YR14-A1 | 4.82% | 04/15/2058 | 2928291 |
|  | BBCMS Trust |  |  |  |
| 70954680 | &nbsp;&nbsp;Series 2017-C1-XA | 1.61 %<sup>(b)(e)</sup> | 02/15/2050 | 1162351 |
| 111880827 | &nbsp;&nbsp;Series 2020-C6-XA | 1.13 %<sup>(b)(e)</sup> | 02/15/2053 | 4211250 |
| 59000000 | &nbsp;&nbsp;Series 2020-C6-XB | 0.76 %<sup>(b)(e)</sup> | 02/15/2053 | 1727986 |
| 252487 | &nbsp;&nbsp;Series 2023-C19-A1 | 5.70% | 04/15/2056 | 254940 |
| 588608 | &nbsp;&nbsp;Series 2024-5C31-A1 | 4.88% | 12/15/2057 | 593540 |
| 2536187 | &nbsp;&nbsp;Series 2025-5C33-A1 | 4.97% | 03/15/2058 | 2551711 |
|  | BDS Ltd. |  |  |  |
| 14000000 | &nbsp;&nbsp;Series 2024-FL13-A (1 mo. Term SOFR + 1.58%, 1.58% Floor) | 5.89 %<sup>(a)</sup> | 09/19/2039 | 14083482 |
|  | Benchmark Mortgage Trust |  |  |  |
| 81232279 | &nbsp;&nbsp;Series 2018-B1-XA | 0.67 %<sup>(b)(e)</sup> | 01/15/2051 | 879136 |
| 169103179 | &nbsp;&nbsp;Series 2020-B16-XA | 0.91 %<sup>(b)(e)</sup> | 02/15/2053 | 5423156 |
| 35720000 | &nbsp;&nbsp;Series 2020-IG1-XB | 0.24 %<sup>(b)(e)</sup> | 09/15/2043 | 235823 |
| 105468 | &nbsp;&nbsp;Series 2022-B32-A1 | 1.81% | 01/15/2055 | 102885 |
| 1632812 | &nbsp;&nbsp;Series 2023-B39-A1 | 6.04% | 07/15/2056 | 1654915 |
| 879496 | &nbsp;&nbsp;Series 2023-V2-A1 | 5.85% | 05/15/2055 | 883943 |
| 976930 | &nbsp;&nbsp;Series 2024-V8-A1 | 5.51% | 07/15/2057 | 994746 |
|  | Blackstone Mortgage Trust, Inc. |  |  |  |
| 12584727 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.16%, 1.05% Floor) | 5.48 %<sup>(a)</sup> | 05/15/2038 | 12544959 |
|  | BMO Mortgage Trust |  |  |  |
| 1246851 | &nbsp;&nbsp;Series 2023-C4-A1 | 5.29% | 02/15/2056 | 1250771 |
| 1735256 | &nbsp;&nbsp;Series 2023-C5-A1 | 5.74% | 06/15/2056 | 1753732 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 822620 | &nbsp;&nbsp;Series 2024-5C4-A1 | 6.02% | 05/15/2057 | 842274 |
| 887908 | &nbsp;&nbsp;Series 2024-5C6-A1 | 4.59% | 09/15/2057 | 886699 |
| 2864266 | &nbsp;&nbsp;Series 2025-C11-A1 | 4.97% | 02/15/2058 | 2905371 |
|  | BPR Trust |  |  |  |
| 10169000 | &nbsp;&nbsp;Series 2021-TY-A (1 mo. Term SOFR + 1.16%, 1.05% Floor) | 5.48 %<sup>(a)</sup> | 09/15/2038 | 10160121 |
|  | BrightSpire Capital, Inc. |  |  |  |
| 7541388 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 08/19/2038 | 7478357 |
| 6000000 | &nbsp;&nbsp;Series 2021-FL1-AS (1 mo. Term SOFR + 1.71%, 1.60% Floor) | 6.03 %<sup>(a)</sup> | 08/19/2038 | 5965638 |
| 11380000 | &nbsp;&nbsp;Series 2024-FL2-A (1 mo. Term SOFR + 1.95%, 1.95% Floor) | 6.26 %<sup>(a)</sup> | 08/19/2037 | 11418476 |
|  | BSPRT Co.-Issuer LLC |  |  |  |
| 13786594 | &nbsp;&nbsp;Series 2023-FL10-A (1 mo. Term SOFR + 2.26%, 2.26% Floor) | 6.57 %<sup>(a)</sup> | 09/15/2035 | 13816511 |
| 5000000 | &nbsp;&nbsp;Series 2023-FL10-AS (1 mo. Term SOFR + 2.86%, 2.86% Floor) | 7.17 %<sup>(a)</sup> | 09/15/2035 | 5027855 |
|  | BX Trust |  |  |  |
| 9500000 | &nbsp;&nbsp;Series 2018-GW-A (1 mo. Term SOFR + 1.10%, 0.80% Floor) | 5.41 %<sup>(a)</sup> | 05/15/2035 | 9482526 |
| 1722925 | &nbsp;&nbsp;Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor) | 5.16 %<sup>(a)</sup> | 10/15/2036 | 1722866 |
| 1219936 | &nbsp;&nbsp;Series 2021-ACNT-A (1 mo. Term SOFR + 0.96%, 0.85% Floor) | 5.28 %<sup>(a)</sup> | 11/15/2038 | 1219954 |
| 7303000 | &nbsp;&nbsp;Series 2021-ARIA-B (1 mo. Term SOFR + 1.41%, 1.30% Floor) | 5.72 %<sup>(a)</sup> | 10/15/2036 | 7297281 |
| 957511 | &nbsp;&nbsp;Series 2021-BXMF-A (1 mo. Term SOFR + 0.75%, 0.64% Floor) | 5.06 %<sup>(a)</sup> | 10/15/2026 | 956576 |
| 4415000 | &nbsp;&nbsp;Series 2021-LGCY-B (1 mo. Term SOFR + 0.97%, 0.86% Floor) | 5.28 %<sup>(a)</sup> | 10/15/2036 | 4405559 |
| 1271005 | &nbsp;&nbsp;Series 2021-MFM1-A (1 mo. Term SOFR + 0.81%, 0.70% Floor) | 5.13 %<sup>(a)</sup> | 01/15/2034 | 1270760 |
| 8786585 | &nbsp;&nbsp;Series 2021-MFM1-B (1 mo. Term SOFR + 1.06%, 0.95% Floor) | 5.38 %<sup>(a)</sup> | 01/15/2034 | 8785151 |
| 7752000 | &nbsp;&nbsp;Series 2021-VIEW-A (1 mo. Term SOFR + 1.39%, 1.28% Floor) | 5.71 %<sup>(a)</sup> | 06/15/2036 | 7717259 |
| 2126578 | &nbsp;&nbsp;Series 2021-VOLT-A (1 mo. Term SOFR + 0.81%, 0.70% Floor) | 5.13 %<sup>(a)</sup> | 09/15/2036 | 2120599 |
| 6533985 | &nbsp;&nbsp;Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor) | 5.11 %<sup>(a)</sup> | 10/15/2038 | 6534967 |
| 3101000 | &nbsp;&nbsp;Series 2021-XL2-C (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.62 %<sup>(a)</sup> | 10/15/2038 | 3101296 |
| 1516557 | &nbsp;&nbsp;Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor) | 6.76 %<sup>(a)</sup> | 08/15/2039 | 1517979 |
| 3577000 | &nbsp;&nbsp;Series 2022-PSB-B (1 mo. Term SOFR + 2.95%, 2.95% Floor) | 7.26 %<sup>(a)</sup> | 08/15/2039 | 3581471 |
| 8898906 | &nbsp;&nbsp;Series 2024-GPA3-A (1 mo. Term SOFR + 1.29%, 1.29% Floor) | 5.60 %<sup>(a)</sup> | 12/15/2039 | 8918535 |
| 10120000 | &nbsp;&nbsp;Series 2025-ROIC-C (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.86 %<sup>(a)</sup> | 03/15/2030 | 10049301 |
|  | BXMT Ltd. |  |  |  |
| 270719 | &nbsp;&nbsp;Series 2020-FL2-A (1 mo. Term SOFR + 1.26%, 1.26% Floor) | 5.58 %<sup>(a)</sup> | 02/15/2038 | 270456 |
|  | Cantor Commercial Real Estate Lending LP |  |  |  |
| 4030158 | &nbsp;&nbsp;Series 2019-CF1-A2 | 3.62% | 05/15/2052 | 3857042 |
|  | CFCRE Commercial Mortgage Trust |  |  |  |
| 42452000 | &nbsp;&nbsp;Series 2017-C8-XB | 1.05 %<sup>(b)(e)</sup> | 06/15/2050 | 633600 |
|  | CFK Trust |  |  |  |
| 116365000 | &nbsp;&nbsp;Series 2020-MF2-X | 0.89 %<sup>(a)(b)(e)</sup> | 03/15/2039 | 1168014 |
|  | Citigroup Commercial Mortgage Trust |  |  |  |
| 1296157 | &nbsp;&nbsp;Series 2016-C2-A4 | 2.83% | 08/10/2049 | 1270264 |
| 28613411 | &nbsp;&nbsp;Series 2016-GC36-XA | 1.36 %<sup>(b)(e)</sup> | 02/10/2049 | 59627 |
| 5673706 | &nbsp;&nbsp;Series 2016-P3-A3 | 3.06% | 04/15/2049 | 5614641 |
| 45787681 | &nbsp;&nbsp;Series 2016-P3-XA | 1.81 %<sup>(b)(e)</sup> | 04/15/2049 | 325958 |
| 6290275 | &nbsp;&nbsp;Series 2017-P7-A3 | 3.44% | 04/14/2050 | 6194708 |
|  | Citigroup/Deutsche Bank Commercial Mortgage Trust |  |  |  |
| 1007315 | &nbsp;&nbsp;Series 2016-C3-A4 | 2.63% | 08/10/2049 | 991252 |
| 700000 | &nbsp;&nbsp;Series 2016-C3-A5 | 2.89% | 08/10/2049 | 685977 |
| 19841120 | &nbsp;&nbsp;Series 2017-CD4-XA | 1.37 %<sup>(b)(e)</sup> | 05/10/2050 | 314258 |
| 1572000 | &nbsp;&nbsp;Series 2020-C9-ASB | 1.88% | 08/15/2053 | 1477569 |
|  | Commercial Mortgage Pass Through Certificates |  |  |  |
| 7429149 | &nbsp;&nbsp;Series 2013-CR12-XA | 0.67 %<sup>(b)(e)</sup> | 10/10/2046 | 151 |
| 43863516 | &nbsp;&nbsp;Series 2015-CR25-XA | 0.86 %<sup>(b)(e)</sup> | 08/10/2048 | 728 |
| 264485 | &nbsp;&nbsp;Series 2015-LC23-A3 | 3.52% | 10/10/2048 | 263846 |
| 1009319 | &nbsp;&nbsp;Series 2016-COR1-A3 | 2.83% | 10/10/2049 | 992124 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 500000 | &nbsp;&nbsp;Series 2016-COR1-A4 | 3.09% | 10/10/2049 | 490039 |
| 8000000 | &nbsp;&nbsp;Series 2018-HCLV-A (1 mo. Term SOFR + 1.30%, 1.00% Floor) | 5.61 %<sup>(a)</sup> | 09/15/2033 | 7329526 |
|  | Commercial Mortgage Trust |  |  |  |
| 77820 | &nbsp;&nbsp;Series 2021-PF1-A1 | 1.12% | 11/15/2054 | 75839 |
|  | Computershare Corporate Trust |  |  |  |
| 13119481 | &nbsp;&nbsp;Series 2015-LC22-XA | 0.76 %<sup>(b)(e)</sup> | 09/15/2058 | 197 |
| 4899004 | &nbsp;&nbsp;Series 2019-C50-A4 | 3.47% | 05/15/2052 | 4738018 |
| 153859308 | &nbsp;&nbsp;Series 2019-C51-XA | 1.41 %<sup>(b)(e)</sup> | 06/15/2052 | 6374391 |
| 4750000 | &nbsp;&nbsp;Series 2020-C57-ASB | 1.91% | 08/15/2053 | 4494812 |
| 11264308 | &nbsp;&nbsp;Series 2021-C60-A2 | 2.04% | 08/15/2054 | 10900569 |
| 1462931 | &nbsp;&nbsp;Series 2021-SAVE-A (1 mo. Term SOFR + 1.36%, 1.15% Floor) | 5.68 %<sup>(a)</sup> | 02/15/2040 | 1464091 |
| 813186 | &nbsp;&nbsp;Series 2024-C63-A1 | 4.89% | 08/15/2057 | 819676 |
|  | CSAIL Commercial Mortgage Trust |  |  |  |
| 85677045 | &nbsp;&nbsp;Series 2017-C8-XA | 1.20 %<sup>(b)(e)</sup> | 06/15/2050 | 1268037 |
| 2913343 | &nbsp;&nbsp;Series 2017-CX9-A4 | 3.18% | 09/15/2050 | 2856600 |
| 9731223 | &nbsp;&nbsp;Series 2017-CX9-XA | 0.72 %<sup>(b)(e)</sup> | 09/15/2050 | 72191 |
|  | Del Amo Fashion Center Trust |  |  |  |
| 6850000 | &nbsp;&nbsp;Series 2017-AMO-A | 3.76 %<sup>(a)(b)</sup> | 06/05/2035 | 6588403 |
|  | EQUS Mortgage Trust |  |  |  |
| 13291498 | &nbsp;&nbsp;Series 2021-EQAZ-A (1 mo. Term SOFR + 1.02%, 0.76% Floor) | 5.33 %<sup>(a)</sup> | 10/15/2038 | 13291655 |
|  | Extended Stay America Trust |  |  |  |
| 9074759 | &nbsp;&nbsp;Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor) | 5.51 %<sup>(a)</sup> | 07/15/2038 | 9082753 |
|  | Franklin BSP Realty Trust, Inc. |  |  |  |
| 4559415 | &nbsp;&nbsp;Series 2021-FL7-A (1 mo. Term SOFR + 1.43%, 1.43% Floor) | 5.75 %<sup>(a)</sup> | 12/15/2038 | 4565032 |
| 3105567 | &nbsp;&nbsp;Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor) | 5.80 %<sup>(a)</sup> | 02/15/2037 | 3106583 |
|  | FS Rialto |  |  |  |
| 9696643 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.65 %<sup>(a)</sup> | 05/16/2038 | 9639655 |
| 5683995 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.68 %<sup>(a)</sup> | 11/16/2036 | 5681193 |
|  | FS Rialto Issuer LLC |  |  |  |
| 11690000 | &nbsp;&nbsp;Series 2025-FL10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 08/19/2042 | 11702426 |
|  | Granite Point Mortgage Trust, Inc. |  |  |  |
| 7068290 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.61%, 1.36% Floor) | 5.93 %<sup>(a)</sup> | 07/16/2035 | 6948942 |
| 10960075 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.35% Floor) | 5.78 %<sup>(a)</sup> | 12/15/2036 | 10929431 |
|  | Great Wolf Trust |  |  |  |
| 4500000 | &nbsp;&nbsp;Series 2024-WLF2-A (1 mo. Term SOFR + 1.69%) | 6.00 %<sup>(a)</sup> | 05/15/2041 | 4517746 |
| 13500000 | &nbsp;&nbsp;Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.85 %<sup>(a)</sup> | 03/15/2039 | 13538088 |
|  | Greystone Commercial Real Estate Notes |  |  |  |
| 8424809 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor) | 5.45 %<sup>(a)</sup> | 07/15/2039 | 8438348 |
|  | GS Mortgage Securities Corp. II |  |  |  |
| 1361941 | &nbsp;&nbsp;Series 2013-GC13-AS | 4.01 %<sup>(a)(b)</sup> | 07/10/2046 | 1342121 |
| 103134105 | &nbsp;&nbsp;Series 2017-GS6-XA | 1.14 %<sup>(b)(e)</sup> | 05/10/2050 | 1631777 |
| 124260379 | &nbsp;&nbsp;Series 2017-GS7-XA | 1.22 %<sup>(b)(e)</sup> | 08/10/2050 | 1995361 |
| 132827299 | &nbsp;&nbsp;Series 2017-GS8-XA | 1.07 %<sup>(b)(e)</sup> | 11/10/2050 | 2152998 |
| 2615000 | &nbsp;&nbsp;Series 2018-TWR-A (1 mo. Term SOFR + 1.20%, 0.90% Floor) | 5.51 %<sup>(a)</sup> | 07/15/2031 | 2040865 |
| 50652800 | &nbsp;&nbsp;Series 2019-GC42-XA | 0.93 %<sup>(b)(e)</sup> | 09/10/2052 | 1378070 |
| 9023512 | &nbsp;&nbsp;Series 2020-GC45-AAB | 2.84% | 02/13/2053 | 8712982 |
| 9296000 | &nbsp;&nbsp;Series 2021-IP-A (1 mo. Term SOFR + 1.06%, 0.95% Floor) | 5.38 %<sup>(a)</sup> | 10/15/2036 | 9265259 |
| 6015000 | &nbsp;&nbsp;Series 2021-STAR-A (1 mo. Term SOFR + 1.06%, 0.95% Floor) | 5.38 %<sup>(a)</sup> | 12/15/2036 | 5987884 |
| 6615000 | &nbsp;&nbsp;Series 2023-SHIP-A | 4.47 %<sup>(a)(b)</sup> | 09/10/2038 | 6576231 |
|  | HERA Commercial Mortgage |  |  |  |
| 154428 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.16%, 1.05% Floor) | 5.48 %<sup>(a)</sup> | 02/18/2038 | 153919 |
|  | HGI CRE CLO Ltd. |  |  |  |
| 949386 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.16%, 1.16% Floor) | 5.48 %<sup>(a)</sup> | 06/16/2036 | 950804 |
|  | HIG RCP LLC |  |  |  |
| 13781110 | &nbsp;&nbsp;Series 2023-FL1-AS (1 mo. Term SOFR + 3.11%, 3.11% Floor) | 7.42 %<sup>(a)</sup> | 09/19/2038 | 13837448 |
|  | Hilton USA Trust |  |  |  |
| 2300000 | &nbsp;&nbsp;Series 2016-HHV-A | 3.72 %<sup>(a)</sup> | 11/05/2038 | 2262235 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | INCREF LLC |  |  |  |
| 13858000 | &nbsp;&nbsp;Series 2025-FL1-A (1 mo. Term SOFR + 1.73%, 1.73% Floor) | 6.05 %<sup>(a)</sup> | 10/19/2042 | 13938958 |
|  | JP Morgan Chase Commercial Mortgage Securities |  |  |  |
| 54281573 | &nbsp;&nbsp;Series 2016-JP4-XA | 0.70 %<sup>(b)(e)</sup> | 12/15/2049 | 286666 |
| 1141000 | &nbsp;&nbsp;Series 2019-COR5-A3 | 3.12% | 06/13/2052 | 1091718 |
| 23665168 | &nbsp;&nbsp;Series 2019-COR5-XA | 1.61 %<sup>(b)(e)</sup> | 06/13/2052 | 1002920 |
| 1318468 | &nbsp;&nbsp;Series 2019-UES-A | 3.81 %<sup>(a)</sup> | 05/05/2032 | 1294512 |
| 2710415 | &nbsp;&nbsp;Series 2021-MHC-A (1 mo. Term SOFR + 1.16%, 0.80% Floor) | 5.48 %<sup>(a)</sup> | 04/15/2038 | 2711758 |
|  | JPMBB Commercial Mortgage Securities Trust |  |  |  |
| 426994 | &nbsp;&nbsp;Series 2015-C27-A4 | 3.18% | 02/15/2048 | 413616 |
| 45927384 | &nbsp;&nbsp;Series 2015-C32-XA | 1.23 %<sup>(b)(e)</sup> | 11/15/2048 | 1295 |
| 8970000 | &nbsp;&nbsp;Series 2015-C33-AS | 4.02% | 12/15/2048 | 8849484 |
| 425336 | &nbsp;&nbsp;Series 2016-C1-A5 | 3.58% | 03/17/2049 | 421849 |
|  | KREF |  |  |  |
| 10458163 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor) | 5.50 %<sup>(a)</sup> | 02/15/2039 | 10454618 |
| 5550000 | &nbsp;&nbsp;Series 2021-FL2-AS (1 mo. Term SOFR + 1.41%, 1.30% Floor) | 5.73 %<sup>(a)</sup> | 02/15/2039 | 5530470 |
| 11380000 | &nbsp;&nbsp;Series 2021-FL2-B (1 mo. Term SOFR + 1.76%, 1.65% Floor) | 6.08 %<sup>(a)</sup> | 02/15/2039 | 11310480 |
| 12674278 | &nbsp;&nbsp;Series 2022-FL3-A (1 mo. Term SOFR + 1.45%, 1.45% Floor) | 5.77 %<sup>(a)</sup> | 02/17/2039 | 12689284 |
|  | Ladder Capital Commercial Mortgage Securities LLC |  |  |  |
| 714153 | &nbsp;&nbsp;Series 2017-LC26-A3 | 3.29 %<sup>(a)</sup> | 07/12/2050 | 697154 |
|  | LoanCore |  |  |  |
| 3609070 | &nbsp;&nbsp;Series 2021-CRE5-A (1 mo. Term SOFR + 1.41%, 1.41% Floor) | 5.73 %<sup>(a)</sup> | 07/15/2036 | 3594313 |
| 8435208 | &nbsp;&nbsp;Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor) | 5.73 %<sup>(a)</sup> | 11/15/2038 | 8464428 |
| 8676029 | &nbsp;&nbsp;Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor) | 5.85 %<sup>(a)</sup> | 01/17/2037 | 8701450 |
| 14630000 | &nbsp;&nbsp;Series 2025-CRE8-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 08/17/2042 | 14520889 |
|  | LSTAR Commercial Mortgage Trust |  |  |  |
| 46772478 | &nbsp;&nbsp;Series 2017-5-X | 1.00 %<sup>(a)(b)(e)</sup> | 03/10/2050 | 449119 |
|  | Lument Finance Trust, Inc. |  |  |  |
| 5352940 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor) | 5.60 %<sup>(a)</sup> | 06/15/2039 | 5364946 |
| 7590000 | &nbsp;&nbsp;Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor) | 6.18 %<sup>(a)</sup> | 06/15/2039 | 7585340 |
|  | Merit 2020 |  |  |  |
| 2951400 | &nbsp;&nbsp;Series 2022-MHIL-A (1 mo. Term SOFR + 0.81%, 0.82% Floor) | 5.13 %<sup>(a)</sup> | 01/15/2039 | 2950523 |
|  | MF1 Multifamily Housing Mortgage Loan Trust |  |  |  |
| 9828268 | &nbsp;&nbsp;Series 2021-FL5-AS (1 mo. Term SOFR + 1.31%, 1.31% Floor) | 5.63 %<sup>(a)</sup> | 07/15/2036 | 9839119 |
| 3177348 | &nbsp;&nbsp;Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor) | 5.53 %<sup>(a)</sup> | 07/16/2036 | 3179677 |
| 1671509 | &nbsp;&nbsp;Series 2021-FL7-A (1 mo. Term SOFR + 1.19%, 1.08% Floor) | 5.51 %<sup>(a)</sup> | 10/16/2036 | 1672390 |
| 9103000 | &nbsp;&nbsp;Series 2021-FL7-AS (1 mo. Term SOFR + 1.56%, 1.45% Floor) | 5.88 %<sup>(a)</sup> | 10/16/2036 | 9080616 |
| 2000000 | &nbsp;&nbsp;Series 2022-FL10-AS (1 mo. Term SOFR + 3.19%, 3.19% Floor) | 7.50 %<sup>(a)</sup> | 09/17/2037 | 2003526 |
| 6910413 | &nbsp;&nbsp;Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor) | 5.67 %<sup>(a)</sup> | 02/19/2037 | 6910433 |
| 11512351 | &nbsp;&nbsp;Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor) | 6.47 %<sup>(a)</sup> | 06/19/2037 | 11544816 |
| 8290000 | &nbsp;&nbsp;Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor) | 6.00 %<sup>(a)</sup> | 08/18/2041 | 8320068 |
| 14630000 | &nbsp;&nbsp;Series 2025-FL17-A (1 mo. Term SOFR + 1.32%, 1.32% Floor) | 5.63 %<sup>(a)</sup> | 02/18/2040 | 14635984 |
|  | MHC Commercial Mortgage Trust |  |  |  |
| 508873 | &nbsp;&nbsp;Series 2021-MHC-A (1 mo. Term SOFR + 0.92%, 0.80% Floor) | 5.23 %<sup>(a)</sup> | 04/15/2038 | 509075 |
| 1800000 | &nbsp;&nbsp;Series 2021-MHC-B (1 mo. Term SOFR + 1.22%, 1.10% Floor) | 5.53 %<sup>(a)</sup> | 04/15/2038 | 1800931 |
|  | Morgan Stanley ABS Capital I, Inc. |  |  |  |
| 13390719 | &nbsp;&nbsp;Series 2021-ILP-A (1 mo. Term SOFR + 0.89%, 0.78% Floor) | 5.20 %<sup>(a)</sup> | 11/15/2036 | 13381162 |
| 6799423 | &nbsp;&nbsp;Series 2024-NSTB-A | 3.90 %<sup>(a)(b)</sup> | 09/24/2057 | 6589504 |
|  | Morgan Stanley Capital I, Inc. |  |  |  |
| 36779 | &nbsp;&nbsp;Series 2006-HQ10-X1 | 0.93 %<sup>(a)(b)(e)</sup> | 11/12/2041 | 1 |
| 54188293 | &nbsp;&nbsp;Series 2017-H1-XA | 1.45 %<sup>(b)(e)</sup> | 06/15/2050 | 865777 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 7895000 | &nbsp;&nbsp;Series 2019-PLND-D (1 mo. Term SOFR + 1.86%, 1.75% Floor) | 6.18 %<sup>(a)</sup> | 05/15/2036 | 870424 |
| 141199 | &nbsp;&nbsp;Series 2021-L5-A1 | 0.79% | 05/15/2054 | 138743 |
| 14016439 | &nbsp;&nbsp;Series 2021-L6-A2 | 2.13 %<sup>(b)</sup> | 06/15/2054 | 13269828 |
|  | Ready Capital Corp. |  |  |  |
| 2160970 | &nbsp;&nbsp;Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 11/25/2036 | 2167360 |
| 4900000 | &nbsp;&nbsp;Series 2023-FL12-AS (1 mo. Term SOFR + 3.20%, 3.20% Floor) | 7.52 %<sup>(a)</sup> | 05/25/2038 | 4938347 |
|  | Rialto Real Estate Fund LP |  |  |  |
| 7011065 | &nbsp;&nbsp;Series 2022-FL8-A (1 mo. Term SOFR + 2.25%, 2.25% Floor) | 6.56 %<sup>(a)</sup> | 01/19/2037 | 7006845 |
|  | SFO Commercial Mortgage Trust |  |  |  |
| 8333000 | &nbsp;&nbsp;Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 05/15/2038 | 8300987 |
|  | SREIT Trust |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2021-IND-A (1 mo. Term SOFR + 0.81%, 0.70% Floor) | 5.13 %<sup>(a)</sup> | 10/15/2038 | 1495834 |
| 8462233 | &nbsp;&nbsp;Series 2021-MFP-A (1 mo. Term SOFR + 0.85%, 0.73% Floor) | 5.16 %<sup>(a)</sup> | 11/15/2038 | 8459504 |
| 7480000 | &nbsp;&nbsp;Series 2021-MFP2-B (1 mo. Term SOFR + 1.29%, 1.17% Floor) | 5.60 %<sup>(a)</sup> | 11/15/2036 | 7478606 |
|  | Starwood Property Trust, Inc. |  |  |  |
| 6118125 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 04/18/2038 | 6093126 |
| 10966485 | &nbsp;&nbsp;Series 2022-FL3-A (30 day avg SOFR US + 1.35%, 1.35% Floor) | 5.65 %<sup>(a)</sup> | 11/15/2038 | 10965400 |
|  | STWD Trust |  |  |  |
| 7504000 | &nbsp;&nbsp;Series 2021-FLWR-B (1 mo. Term SOFR + 1.04%, 0.93% Floor) | 5.35 %<sup>(a)</sup> | 07/15/2036 | 7496807 |
|  | TPG Real Estate Finance Issuer Ltd. |  |  |  |
| 9035524 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 03/15/2038 | 9035136 |
| 7379192 | &nbsp;&nbsp;Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor) | 5.96 %<sup>(a)</sup> | 02/15/2039 | 7404975 |
| 12289000 | &nbsp;&nbsp;Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor) | 6.46 %<sup>(a)</sup> | 02/15/2039 | 12274745 |
| 10080000 | &nbsp;&nbsp;Series 2025-FL6-A (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.85 %<sup>(a)</sup> | 09/18/2042 | 10091663 |
|  | TTAN |  |  |  |
| 4168990 | &nbsp;&nbsp;Series 2021-MHC-A (1 mo. Term SOFR + 0.96%, 0.85% Floor) | 5.28 %<sup>(a)</sup> | 03/15/2038 | 4172129 |
|  | UBS Commercial Mortgage Trust |  |  |  |
| 45082242 | &nbsp;&nbsp;Series 2017-C1-XA | 1.62 %<sup>(b)(e)</sup> | 06/15/2050 | 880975 |
| 55782 | &nbsp;&nbsp;Series 2017-C2-ASB | 3.26% | 08/15/2050 | 55183 |
| 81545482 | &nbsp;&nbsp;Series 2017-C3-XA | 1.22 %<sup>(b)(e)</sup> | 08/15/2050 | 1246618 |
| 126872 | &nbsp;&nbsp;Series 2018-C11-A3 | 4.31% | 06/15/2051 | 126488 |
| 1239030 | &nbsp;&nbsp;Series 2018-C11-ASB | 4.12% | 06/15/2051 | 1231818 |
| 391905 | &nbsp;&nbsp;Series 2018-C13-A3 | 4.07% | 10/15/2051 | 387930 |
| 92323458 | &nbsp;&nbsp;Series 2018-C8-XA | 0.96 %<sup>(b)(e)</sup> | 02/15/2051 | 1668571 |
|  | VEGAS Trust |  |  |  |
| 7018000 | &nbsp;&nbsp;Series 2024-TI-A | 5.52 %<sup>(a)</sup> | 11/10/2039 | 7116503 |
|  | Wells Fargo Commercial Mortgage Trust |  |  |  |
| 2007851 | &nbsp;&nbsp;Series 2024-5C1-A1 | 5.23% | 07/15/2057 | 2031279 |
| 2472015 | &nbsp;&nbsp;Series 2024-5C2-A1 | 5.05% | 11/15/2057 | 2493322 |
| 5249783 | &nbsp;&nbsp;Series 2025-5C3-A1 | 5.19% | 01/15/2058 | 5323366 |
|  | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $1,010,302,594)** | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $1,010,302,594)** | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $1,010,302,594)** | **887949035** |
| **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 14.6%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 14.6%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 14.6%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 14.6%** |  |
|  | Angel Oak Mortgage Trust LLC |  |  |  |
| 13073551 | &nbsp;&nbsp;Series 2021-7-A1 | 1.98 %<sup>(a)(b)</sup> | 10/25/2066 | 11288751 |
| 4000000 | &nbsp;&nbsp;Series 2025-7-A1 | 5.51 %<sup>(a)(b)</sup> | 06/25/2070 | 4065156 |
|  | Arroyo Mortgage Trust |  |  |  |
| 3596037 | &nbsp;&nbsp;Series 2019-3-A2 | 3.21 %<sup>(a)(b)</sup> | 10/25/2048 | 3431423 |
| 1943475 | &nbsp;&nbsp;Series 2019-3-A3 | 3.42 %<sup>(a)(b)</sup> | 10/25/2048 | 1857439 |
|  | Banc of America Mortgage Securities, Inc. |  |  |  |
| 222867 | &nbsp;&nbsp;Series 2005-E-2A1 | 5.44 %<sup>(b)</sup> | 06/25/2035 | 204681 |
|  | BCAP LLC Trust |  |  |  |
| 452171 | &nbsp;&nbsp;Series 2011-RR1-8A3 | 4.57 %<sup>(a)(b)</sup> | 09/30/2056 | 333794 |
|  | Bear Stearns Asset Backed Securities Trust |  |  |  |
| 155002 | &nbsp;&nbsp;Series 2004-AC2-2A | 5.00% | 05/25/2034 | 128467 |
|  | BRAVO Residential Funding Trust |  |  |  |
| 2300457 | &nbsp;&nbsp;Series 2020-RPL1-A1 | 2.50 %<sup>(a)(b)</sup> | 05/26/2059 | 2251731 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 5991181 | &nbsp;&nbsp;Series 2022-RPL1-A1 | 2.75 %<sup>(a)(b)</sup> | 09/25/2061 | 5496693 |
|  | Carrington Mortgage Loan Trust |  |  |  |
| 1435685 | &nbsp;&nbsp;Series 2006-NC3-A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 12.50% Cap) | 4.73% | 08/25/2036 | 1395582 |
|  | Chase Funding Mortgage Loan Asset-Backed Certificates |  |  |  |
| 1184597 | &nbsp;&nbsp;Series 2004-2-1A5 | 6.20 %<sup>(f)</sup> | 02/26/2035 | 1178920 |
|  | Citigroup Mortgage Loan Trust, Inc. |  |  |  |
| 207170 | &nbsp;&nbsp;Series 2006-AR1-2A1 (1 yr. CMT Rate + 2.40%, 2.40% Floor, 9.87% Cap) | 6.30% | 03/25/2036 | 208507 |
| 1309054 | &nbsp;&nbsp;Series 2020-EXP1-A1A | 1.80 %<sup>(a)(b)</sup> | 05/25/2060 | 1225369 |
|  | COLT Funding LLC |  |  |  |
| 4130395 | &nbsp;&nbsp;Series 2021-1R-A1 | 0.86 %<sup>(a)(b)</sup> | 05/25/2065 | 3727654 |
| 3998180 | &nbsp;&nbsp;Series 2021-5-A1 | 1.73 %<sup>(a)(b)</sup> | 11/26/2066 | 3611094 |
| 12427703 | &nbsp;&nbsp;Series 2021-RPL1-A1 | 1.67 %<sup>(a)(b)</sup> | 09/25/2061 | 11396854 |
| 2399578 | &nbsp;&nbsp;Series 2023-2-A1 | 6.60 %<sup>(a)(f)</sup> | 07/25/2068 | 2419148 |
|  | Countrywide Home Loan Mortgage Pass Through Trust |  |  |  |
| 227237 | &nbsp;&nbsp;Series 2004-HYB9-1A1 | 5.40 %<sup>(b)</sup> | 02/20/2035 | 229747 |
| 3092614 | &nbsp;&nbsp;Series 2005-3-1A2 (1 mo. Term SOFR + 0.69%, 0.58% Floor) | 5.01% | 04/25/2035 | 2948270 |
|  | Credit Suisse Management LLC |  |  |  |
| 26475 | &nbsp;&nbsp;Series 2005-11-5A1 | 5.25% | 06/25/2026 | 10037 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 1343157 | &nbsp;&nbsp;Series 2021-NQM1-A2 | 0.99 %<sup>(a)(b)</sup> | 05/25/2065 | 1225493 |
| 2238594 | &nbsp;&nbsp;Series 2021-NQM1-A3 | 1.20 %<sup>(a)(b)</sup> | 05/25/2065 | 2051767 |
| 6440260 | &nbsp;&nbsp;Series 2021-NQM5-A3 | 1.35 %<sup>(a)(b)</sup> | 05/25/2066 | 5476439 |
| 4230034 | &nbsp;&nbsp;Series 2021-RPL4-A1 | 4.12 %<sup>(a)(b)</sup> | 12/27/2060 | 4216157 |
| 15384213 | &nbsp;&nbsp;Series 2022-NQM1-A1 | 2.27 %<sup>(a)(b)</sup> | 11/25/2066 | 14019547 |
| 2497798 | &nbsp;&nbsp;Series 2022-NQM5-A1 | 5.17 %<sup>(a)(b)</sup> | 05/25/2067 | 2490331 |
| 7547366 | &nbsp;&nbsp;Series 2022-RPL4-A1 | 3.90 %<sup>(a)(b)</sup> | 04/25/2062 | 7186647 |
|  | Cross Mortgage Trust |  |  |  |
| 3077855 | &nbsp;&nbsp;Series 2024-H1-A1 | 6.09 %<sup>(a)(f)</sup> | 12/25/2068 | 3098715 |
| 13000939 | &nbsp;&nbsp;Series 2024-H5-A1 | 5.85 %<sup>(a)(f)</sup> | 08/26/2069 | 13080928 |
| 7118957 | &nbsp;&nbsp;Series 2025-H3-A1 | 5.88 %<sup>(a)(b)</sup> | 04/25/2070 | 7205691 |
|  | Ellington Financial Mortgage Trust |  |  |  |
| 213685 | &nbsp;&nbsp;Series 2020-1-A1 | 2.01 %<sup>(a)(b)</sup> | 05/25/2065 | 212133 |
|  | Fannie Mae Connecticut Avenue Securities |  |  |  |
| 4391227 | &nbsp;&nbsp;Series 2023-R08-1M1 (30 day avg SOFR US + 1.50%, 0.00% Floor) | 5.81 %<sup>(a)</sup> | 10/25/2043 | 4406384 |
| 8771129 | &nbsp;&nbsp;Series 2024-R01-1M1 (30 day avg SOFR US + 1.05%, 0.00% Floor) | 5.36 %<sup>(a)</sup> | 01/25/2044 | 8769665 |
| 9676812 | &nbsp;&nbsp;Series 2024-R02-1M1 (30 day avg SOFR US + 1.10%, 0.00% Floor) | 5.41 %<sup>(a)</sup> | 02/25/2044 | 9677450 |
| 2400000 | &nbsp;&nbsp;Series 2025-R04-1A1 (30 day avg SOFR US + 1.00%, 0.00% Floor) | 5.31 %<sup>(a)</sup> | 05/25/2045 | 2402146 |
|  | First Horizon Asset Securities, Inc. |  |  |  |
| 1612595 | &nbsp;&nbsp;Series 2007-AR2-1A1 | 6.85 %<sup>(b)</sup> | 08/25/2037 | 360402 |
|  | FirstKey Homes Trust |  |  |  |
| 6661105 | &nbsp;&nbsp;Series 2020-SFR2-A | 1.27 %<sup>(a)</sup> | 10/19/2037 | 6577040 |
|  | Freddie Mac Structured Agency Credit Risk Debt Notes |  |  |  |
| 1012760 | &nbsp;&nbsp;Series 2022-DNA2-M1A (30 day avg SOFR US + 1.30%, 0.00% Floor) | 5.61 %<sup>(a)</sup> | 02/25/2042 | 1013577 |
| 15165082 | &nbsp;&nbsp;Series 2024-DNA1-M1 (30 day avg SOFR US + 1.35%, 0.00% Floor) | 5.66 %<sup>(a)</sup> | 02/25/2044 | 15201146 |
| 6894848 | &nbsp;&nbsp;Series 2024-DNA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor) | 5.51 %<sup>(a)</sup> | 05/25/2044 | 6909467 |
| 14325282 | &nbsp;&nbsp;Series 2024-DNA3-M1 (30 day avg SOFR US + 1.00%, 0.00% Floor) | 5.31 %<sup>(a)</sup> | 10/25/2044 | 14325183 |
| 16879848 | &nbsp;&nbsp;Series 2024-HQA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor) | 5.51 %<sup>(a)</sup> | 08/25/2044 | 16891885 |
| 20451358 | &nbsp;&nbsp;Series 2025-DNA1-M1 (30 day avg SOFR US + 1.05%, 0.00% Floor) | 5.36 %<sup>(a)</sup> | 01/25/2045 | 20473396 |
| 26000000 | &nbsp;&nbsp;Series 2025-HQA1-A1 (30 day avg SOFR US + 0.95%, 0.00% Floor) | 5.26 %<sup>(a)</sup> | 02/25/2045 | 25973787 |
|  | GCAT |  |  |  |
| 4554096 | &nbsp;&nbsp;Series 2022-NQM4-A1 | 5.27 %<sup>(a)(f)</sup> | 08/25/2067 | 4540752 |
| 10990612 | &nbsp;&nbsp;Series 2025-NQM1-A1 | 5.37 %<sup>(a)(f)</sup> | 11/25/2069 | 11014686 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | GSR Mortgage Loan Trust |  |  |  |
| 2397069 | &nbsp;&nbsp;Series 2005-9F-2A2 | 6.00% | 01/25/2036 | 1084251 |
|  | HOMES Trust |  |  |  |
| 10850701 | &nbsp;&nbsp;Series 2023-NQM2-A1 | 6.46 %<sup>(a)(f)</sup> | 02/25/2068 | 10899884 |
| 17164520 | &nbsp;&nbsp;Series 2025-NQM2-A1 | 5.43 %<sup>(a)(f)</sup> | 02/25/2070 | 17206791 |
| 10000000 | &nbsp;&nbsp;Series 2025-NQM3-A1 | 5.63 %<sup>(a)(f)</sup> | 02/25/2070 | 10079330 |
|  | Homeward Opportunities Fund I Trust |  |  |  |
| 10349602 | &nbsp;&nbsp;Series 2022-1-A1 | 5.08 %<sup>(a)(f)</sup> | 07/25/2067 | 10300873 |
|  | JP Morgan Alternative Loan Trust |  |  |  |
| 13040 | &nbsp;&nbsp;Series 2006-S4-A6 | 6.21 %<sup>(f)</sup> | 12/25/2036 | 13467 |
|  | JP Morgan Mortgage Trust |  |  |  |
| 4729528 | &nbsp;&nbsp;Series 2024-NQM1-A1 | 5.59 %<sup>(a)(f)</sup> | 02/25/2064 | 4758486 |
| 7650687 | &nbsp;&nbsp;Series 2025-NQM1-A1 | 5.59 %<sup>(a)(f)</sup> | 06/25/2065 | 7684195 |
| 8845099 | &nbsp;&nbsp;Series 2025-NQM2-A1 | 5.57 %<sup>(a)(b)</sup> | 09/25/2065 | 8883511 |
| 9239197 | &nbsp;&nbsp;Series 2025-NQM2-A2 | 5.77 %<sup>(a)</sup> | 09/25/2065 | 9279080 |
| 12377242 | &nbsp;&nbsp;Series 2025-NQM2-A3 | 5.92 %<sup>(a)(f)</sup> | 09/25/2065 | 12441130 |
|  | Legacy Mortgage Asset Trust |  |  |  |
| 829392 | &nbsp;&nbsp;Series 2021-GS1-A1 | 5.89 %<sup>(a)(f)</sup> | 10/25/2066 | 829952 |
| 8493647 | &nbsp;&nbsp;Series 2021-GS2-A1 | 5.75 %<sup>(a)(f)</sup> | 04/25/2061 | 8498044 |
| 15654370 | &nbsp;&nbsp;Series 2021-GS3-A1 | 5.75 %<sup>(a)(f)</sup> | 07/25/2061 | 15616296 |
| 19476159 | &nbsp;&nbsp;Series 2021-GS4-A1 | 4.65 %<sup>(a)(f)</sup> | 11/25/2060 | 19487257 |
|  | Mastr Adjustable Rate Mortgages Trust |  |  |  |
| 1729688 | &nbsp;&nbsp;Series 2006-2-2A1 | 7.35 %<sup>(b)</sup> | 04/25/2036 | 814856 |
|  | MFRA Trust |  |  |  |
| 7950397 | &nbsp;&nbsp;Series 2021-NQM2-A1 | 1.03 %<sup>(a)(b)</sup> | 11/25/2064 | 7015905 |
| 1032019 | &nbsp;&nbsp;Series 2021-NQM2-A2 | 1.32 %<sup>(a)(b)</sup> | 11/25/2064 | 913368 |
|  | Mill City Mortgage Trust |  |  |  |
| 12955 | &nbsp;&nbsp;Series 2017-3-A1 | 2.75 %<sup>(a)(b)</sup> | 01/25/2061 | 12922 |
|  | MLCC Mortgage Investors, Inc. |  |  |  |
| 154452 | &nbsp;&nbsp;Series 2005-3-2A | 5.47 %<sup>(b)</sup> | 11/25/2035 | 149567 |
|  | Morgan Stanley Mortgage Loan Trust |  |  |  |
| 7105 | &nbsp;&nbsp;Series 2004-1-1A1 | 5.00% | 11/25/2033 | 5113 |
|  | New Residential Mortgage Loan Trust |  |  |  |
| 6339106 | &nbsp;&nbsp;Series 2024-NQM1-A1 | 6.13 %<sup>(a)(f)</sup> | 03/25/2064 | 6377960 |
|  | OBX Trust |  |  |  |
| 8896955 | &nbsp;&nbsp;Series 2024-NQM5-A1 | 5.99 %<sup>(a)(f)</sup> | 01/25/2064 | 8962195 |
|  | Onslow Bay Mortgage Loan Trust |  |  |  |
| 879226 | &nbsp;&nbsp;Series 2018-1-A2 (1 mo. Term SOFR + 0.76%, 0.00% Floor) | 5.08 %<sup>(a)</sup> | 06/25/2057 | 862904 |
| 8696622 | &nbsp;&nbsp;Series 2022-NQM1-A1 | 2.31 %<sup>(a)(b)</sup> | 11/25/2061 | 7796811 |
| 2236077 | &nbsp;&nbsp;Series 2022-NQM7-A1 | 5.11 %<sup>(a)(f)</sup> | 08/25/2062 | 2226141 |
| 6461113 | &nbsp;&nbsp;Series 2023-NQM5-A1A | 6.57 %<sup>(a)(f)</sup> | 06/25/2063 | 6513795 |
| 19310740 | &nbsp;&nbsp;Series 2024-NQM10-A1 | 6.18 %<sup>(a)(f)</sup> | 05/25/2064 | 19489824 |
| 15608328 | &nbsp;&nbsp;Series 2024-NQM11-A1 | 5.88 %<sup>(a)(f)</sup> | 06/25/2064 | 15703872 |
| 10841916 | &nbsp;&nbsp;Series 2024-NQM12-A1 | 5.48 %<sup>(a)(f)</sup> | 07/25/2064 | 10850147 |
| 11923842 | &nbsp;&nbsp;Series 2024-NQM13-A1 | 5.12 %<sup>(a)</sup> | 06/25/2064 | 11886246 |
| 13446640 | &nbsp;&nbsp;Series 2024-NQM16-A1 | 5.53 %<sup>(a)(f)</sup> | 10/25/2064 | 13473382 |
| 21906995 | &nbsp;&nbsp;Series 2024-NQM18-A1 | 5.41 %<sup>(a)(b)</sup> | 10/25/2064 | 21942064 |
| 5170051 | &nbsp;&nbsp;Series 2024-NQM18-A2 | 5.66 %<sup>(a)(f)</sup> | 10/25/2064 | 5188659 |
| 8297061 | &nbsp;&nbsp;Series 2024-NQM4-A1 | 6.07 %<sup>(a)(f)</sup> | 01/25/2064 | 8360085 |
| 14505310 | &nbsp;&nbsp;Series 2025-NQM7-A1 | 5.56 %<sup>(a)(f)</sup> | 05/25/2055 | 14609478 |
| 17693292 | &nbsp;&nbsp;Series 2025-NQM8-A1 | 5.47 %<sup>(a)(f)</sup> | 03/25/2065 | 17766784 |
|  | Pretium Mortgage Credit Partners LLC |  |  |  |
| 3624471 | &nbsp;&nbsp;Series 2021-RN2-A1 | 4.74 %<sup>(a)(f)</sup> | 07/25/2051 | 3606770 |
| 13818633 | &nbsp;&nbsp;Series 2021-RN3-A1 | 4.84 %<sup>(a)(f)</sup> | 09/25/2051 | 13777387 |
| 19371135 | &nbsp;&nbsp;Series 2025-NPL2-A1 | 5.84 %<sup>(a)(f)</sup> | 03/25/2055 | 19312714 |
|  | PRPM LLC |  |  |  |
| 5394518 | &nbsp;&nbsp;Series 2020-4-A1 | 6.61 %<sup>(a)(f)</sup> | 10/25/2025 | 5395117 |
| 10861467 | &nbsp;&nbsp;Series 2021-4-A1 | 5.87 %<sup>(a)(f)</sup> | 04/25/2026 | 10879875 |
| 13636646 | &nbsp;&nbsp;Series 2024-NQM4-A1 | 5.67 %<sup>(a)(f)</sup> | 12/26/2069 | 13666444 |
| 42309059 | &nbsp;&nbsp;Series 2025-NQM2-A1 | 5.69 %<sup>(a)(f)</sup> | 04/25/2070 | 42574202 |
|  | Securitized Asset Backed Receivables LLC |  |  |  |
| 3307364 | &nbsp;&nbsp;Series 2006-NC1-A3 (1 mo. Term SOFR + 0.65%, 0.54% Floor) | 4.97% | 03/25/2036 | 3037460 |
|  | Starwood Mortgage Residential Trust |  |  |  |
| 349005 | &nbsp;&nbsp;Series 2020-3-A1 | 1.49 %<sup>(a)(b)</sup> | 04/25/2065 | 337006 |
| 21533233 | &nbsp;&nbsp;Series 2021-5-A1 | 1.92 %<sup>(a)(b)</sup> | 09/25/2066 | 18254758 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Structured Asset Securities Corp. |  |  |  |
| 49797 | &nbsp;&nbsp;Series 2003-24A-1A3 | 5.63 %<sup>(b)</sup> | 07/25/2033 | 48414 |
|  | Terwin Mortgage Trust |  |  |  |
| 509104 | &nbsp;&nbsp;Series 2003-4HE-M1 (1 mo. Term SOFR + 1.24%, 1.13% Floor) | 5.56% | 09/25/2034 | 551591 |
|  | Velocity Commercial Capital Loan Trust |  |  |  |
| 1388135 | &nbsp;&nbsp;Series 2019-2-A | 3.13 %<sup>(a)(b)</sup> | 07/25/2049 | 1329917 |
| 4559694 | &nbsp;&nbsp;Series 2021-1-M1 | 1.79 %<sup>(a)(b)</sup> | 05/25/2051 | 3779138 |
| 15815562 | &nbsp;&nbsp;Series 2021-2-A | 1.52 %<sup>(a)(b)</sup> | 08/25/2051 | 13470784 |
| 3843882 | &nbsp;&nbsp;Series 2021-2-M1 | 1.82 %<sup>(a)(b)</sup> | 08/25/2051 | 3106352 |
| 13194675 | &nbsp;&nbsp;Series 2024-5-A | 5.49 %<sup>(a)(b)</sup> | 10/25/2054 | 13181038 |
|  | Vericrest Opportunity Loan Transferee |  |  |  |
| 1844848 | &nbsp;&nbsp;Series 2021-NP10-A1 | 5.99 %<sup>(a)(f)</sup> | 05/25/2051 | 1843174 |
| 7136322 | &nbsp;&nbsp;Series 2021-NP11-A1 | 4.87 %<sup>(a)(f)</sup> | 08/25/2051 | 7130706 |
| 646976 | &nbsp;&nbsp;Series 2021-NPL3-A1 | 6.24 %<sup>(a)(f)</sup> | 02/27/2051 | 647191 |
| 354833 | &nbsp;&nbsp;Series 2021-NPL5-A1 | 6.12 %<sup>(a)(f)</sup> | 03/27/2051 | 354991 |
| 835659 | &nbsp;&nbsp;Series 2021-NPL6-A1 | 6.24 %<sup>(a)(f)</sup> | 04/25/2051 | 835460 |
| 2242290 | &nbsp;&nbsp;Series 2021-NPL8-A1 | 6.12 %<sup>(a)(f)</sup> | 04/25/2051 | 2242736 |
| 1610099 | &nbsp;&nbsp;Series 2021-NPL9-A1 | 5.99 %<sup>(a)(f)</sup> | 05/25/2051 | 1609010 |
|  | Verus Securitization Trust |  |  |  |
| 6870331 | &nbsp;&nbsp;Series 2021-4-A3 | 1.35 %<sup>(a)(b)</sup> | 07/25/2066 | 5743772 |
| 6375239 | &nbsp;&nbsp;Series 2021-7-A1 | 1.83 %<sup>(a)(f)</sup> | 10/25/2066 | 5739417 |
| 10718769 | &nbsp;&nbsp;Series 2022-INV1-A1 | 5.04 %<sup>(a)(f)</sup> | 08/25/2067 | 10673806 |
| 357440 | &nbsp;&nbsp;Series 2022-INV1-A2 | 5.80 %<sup>(a)(f)</sup> | 08/25/2067 | 357130 |
| 12637332 | &nbsp;&nbsp;Series 2023-4-A1 | 5.81 %<sup>(a)(f)</sup> | 05/25/2068 | 12656999 |
| 14253970 | &nbsp;&nbsp;Series 2024-3-A1 | 6.34 %<sup>(a)(f)</sup> | 04/25/2069 | 14420560 |
| 3854887 | &nbsp;&nbsp;Series 2024-6-A1 | 5.80 %<sup>(a)(f)</sup> | 07/25/2069 | 3880460 |
| 23336794 | &nbsp;&nbsp;Series 2024-9-A1 | 5.44 %<sup>(a)(b)</sup> | 11/25/2069 | 23389636 |
| 6067576 | &nbsp;&nbsp;Series 2024-9-A2 | 5.69 %<sup>(a)(f)</sup> | 11/25/2069 | 6081961 |
| 4751990 | &nbsp;&nbsp;Series 2025-1-A1 | 5.62 %<sup>(a)(b)</sup> | 01/25/2070 | 4772948 |
| 39589420 | &nbsp;&nbsp;Series 2025-4-A1 | 5.45 %<sup>(a)(f)</sup> | 05/25/2070 | 39779933 |
| 19000000 | &nbsp;&nbsp;Series 2025-5-A1 | 5.43 %<sup>(a)(f)</sup> | 06/25/2070 | 19206283 |
|  | WaMu Mortgage Pass Through Certificates |  |  |  |
| 123604 | &nbsp;&nbsp;Series 2002-AR16-A | 6.70 %<sup>(b)</sup> | 12/25/2032 | 119386 |
|  | Wells Fargo Mortgage Backed Securities Trust |  |  |  |
| 172663 | &nbsp;&nbsp;Series 2007-7-A36 | 6.00% | 06/25/2037 | 162615 |
|  | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $931,415,268)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $931,415,268)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $931,415,268)** | **912151897** |
| **US CORPORATE BONDS - 11.0%** | **US CORPORATE BONDS - 11.0%** |  |  |  |
| 3442000 | AbbVie, Inc. | 4.88% | 03/15/2030 | 3525630 |
| 553000 | Agilent Technologies, Inc. | 4.20% | 09/09/2027 | 552908 |
| 4055000 | Aircastle Ltd. / Aircastle Ireland DAC | 5.25 %<sup>(a)</sup> | 03/15/2030 | 4090898 |
| 1545000 | Altria Group, Inc. | 6.20% | 11/01/2028 | 1631476 |
| 9254000 | American Electric Power Co., Inc. | 5.20% | 01/15/2029 | 9493749 |
| 6933000 | American Express Co.<br> (SOFR + 1.26%) | 4.73% | 04/25/2029 | 7013198 |
| 3003000 | American Homes 4 Rent LP | 4.25% | 02/15/2028 | 2985965 |
| 2301000 | American International Group, Inc. | 4.85% | 05/07/2030 | 2338763 |
| 2480000 | American National Group, Inc. | 5.75% | 10/01/2029 | 2540831 |
| 15054000 | American Tower Corp. | 4.90% | 03/15/2030 | 15273518 |
| 4873000 | Amrize Finance US LLC | 4.70 %<sup>(a)</sup> | 04/07/2028 | 4918582 |
| 5360000 | APA Corp. | 4.25 %<sup>(a)</sup> | 01/15/2030 | 5133584 |
| 5425000 | AppLovin Corp. | 5.13% | 12/01/2029 | 5497189 |
| 6164000 | Arrow Electronics, Inc. | 5.15% | 08/21/2029 | 6261317 |
| 7528000 | Athene Global Funding<br> (SOFR + 0.85%) | 5.24 %<sup>(a)</sup> | 05/08/2026 | 7551840 |
| 7089000 | Athene Global Funding | 4.72 %<sup>(a)</sup> | 10/08/2029 | 7076802 |
| 4568000 | Atlassian Corp. | 5.25% | 05/15/2029 | 4691836 |
| 1022000 | Avery Dennison Corp. | 4.88% | 12/06/2028 | 1038136 |
| 1204000 | Aviation Capital Group LLC | 6.25 %<sup>(a)</sup> | 04/15/2028 | 1254921 |
| 872000 | Bank of America Corp.<br> (SOFR + 1.75%) | 4.83% | 07/22/2026 | 872009 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 3326000 | Bank of America Corp.<br> (3 mo. Term SOFR + 1.32%) | 3.56% | 04/23/2027 | 3302569 |
| 9310000 | Bank of America Corp.<br> (SOFR + 0.83%) | 4.98% | 01/24/2029 | 9445131 |
| 4242000 | Biogen, Inc. | 5.05% | 01/15/2031 | 4320260 |
| 2813000 | Boardwalk Pipelines LP | 4.45% | 07/15/2027 | 2813002 |
| 2615000 | Broadcom, Inc. | 3.15% | 11/15/2025 | 2601486 |
| 2538000 | Broadcom, Inc. | 5.05% | 07/12/2029 | 2599929 |
| 2659000 | Broadcom, Inc. | 4.35% | 02/15/2030 | 2649862 |
| 1346000 | Brown & Brown, Inc. | 4.70% | 06/23/2028 | 1357761 |
| 1569000 | Brown & Brown, Inc. | 4.50% | 03/15/2029 | 1569227 |
| 4769000 | Bunge Ltd. Finance Corp. | 4.20% | 09/17/2029 | 4717219 |
| 14629000 | Capital One Financial Corp.<br> (SOFR + 2.16%) | 4.99% | 07/24/2026 | 14628559 |
| 4532000 | Cardinal Health, Inc. | 5.13% | 02/15/2029 | 4648992 |
| 2866000 | CenterPoint Energy, Inc. | 5.40% | 06/01/2029 | 2963807 |
| 2572000 | Charles Schwab Corp.<br> (SOFR + 1.05%) | 5.48% | 03/03/2027 | 2592776 |
| 4323000 | Cheniere Energy Partners LP | 4.50% | 10/01/2029 | 4278223 |
| 5933000 | Cheniere Energy, Inc. | 4.63% | 10/15/2028 | 5926509 |
| 8670000 | Citibank NA | 4.58% | 05/29/2027 | 8720799 |
| 4978000 | Citigroup, Inc.<br> (SOFR + 0.87%) | 4.79% | 03/04/2029 | 5014394 |
| 10638000 | Citigroup, Inc.<br> (SOFR + 1.34%) | 4.54% | 09/19/2030 | 10591992 |
| 1539000 | CNA Financial Corp. | 3.90% | 05/01/2029 | 1510634 |
| 6500000 | Corebridge Global Funding | 5.75 %<sup>(a)</sup> | 07/02/2026 | 6584029 |
| 623000 | Coterra Energy, Inc. | 3.90% | 05/15/2027 | 615433 |
| 401000 | Coterra Energy, Inc. | 4.38% | 03/15/2029 | 397273 |
| 5512000 | CRH SMW Finance DAC | 5.13% | 01/09/2030 | 5653989 |
| 3060000 | CubeSmart LP | 4.38% | 02/15/2029 | 3043390 |
| 2770000 | Darden Restaurants, Inc. | 4.35% | 10/15/2027 | 2776246 |
| 1665000 | DCP Midstream Operating LP | 5.13% | 05/15/2029 | 1692076 |
| 9638000 | Dell International LLC / EMC Corp. | 4.35% | 02/01/2030 | 9555706 |
| 8700000 | Delta Air Lines, Inc. | 4.95% | 07/10/2028 | 8755350 |
| 1474000 | Devon Energy Corp. | 5.25% | 10/15/2027 | 1477348 |
| 5017000 | Dominion Energy, Inc. | 5.00% | 06/15/2030 | 5122139 |
| 5374000 | DTE Energy Co. | 5.20% | 04/01/2030 | 5501865 |
| 5698000 | Edwards Lifesciences Corp. | 4.30% | 06/15/2028 | 5690874 |
| 5895000 | Energy Transfer LP | 6.05% | 12/01/2026 | 6020990 |
| 4461000 | Energy Transfer LP | 6.10% | 12/01/2028 | 4687887 |
| 629000 | EQT Corp. | 3.90% | 10/01/2027 | 620850 |
| 1146000 | EQT Corp. | 7.00% | 02/01/2030 | 1242893 |
| 5658000 | Equifax, Inc. | 4.80% | 09/15/2029 | 5707717 |
| 6255000 | Equinix, Inc. | 1.25% | 07/15/2025 | 6246979 |
| 2189000 | Essential Utilities, Inc. | 4.80% | 08/15/2027 | 2212829 |
| 251000 | Essential Utilities, Inc. | 3.57% | 05/01/2029 | 243816 |
| 8538000 | Evergy Kansas Central, Inc. | 4.70% | 03/13/2028 | 8639317 |
| 3003000 | Exelon Corp. | 5.15% | 03/15/2029 | 3082231 |
| 8919000 | Extra Space Storage LP | 5.50% | 07/01/2030 | 9255149 |
| 1802000 | FirstEnergy Transmission LLC | 4.55% | 01/15/2030 | 1803767 |
| 7231000 | Fiserv, Inc. | 4.75% | 03/15/2030 | 7282742 |
| 3305000 | Foundry JV Holdco LLC | 5.90 %<sup>(a)</sup> | 01/25/2030 | 3455694 |
| 4670000 | GATX Corp. | 4.70% | 04/01/2029 | 4711743 |
| 296000 | GATX Corp. | 4.00% | 06/30/2030 | 288141 |
| 5757000 | GE HealthCare Technologies, Inc. | 4.80% | 08/14/2029 | 5843050 |
| 5216000 | Genuine Parts Co. | 4.95% | 08/15/2029 | 5298226 |
| 2463000 | Global Payments, Inc. | 5.30% | 08/15/2029 | 2508465 |
| 4192000 | Goldman Sachs Bank USA/New York NY<br> (SOFR + 0.77%) | 5.23% | 03/18/2027 | 4203191 |
| 6148000 | Hewlett Packard Enterprise Co. | 4.55% | 10/15/2029 | 6118674 |
| 300000 | HSBC USA, Inc.<br> (SOFR + 0.96%) | 5.39% | 03/04/2027 | 301712 |
| 1680000 | Huntington Bancshares, Inc./OH<br> (SOFR + 1.28%) | 5.27% | 01/15/2031 | 1721837 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 5540000 | Hyundai Capital America | 4.55 %<sup>(a)</sup> | 09/26/2029 | 5491979 |
| 3220000 | Icon Investments Six DAC | 5.81% | 05/08/2027 | 3288537 |
| 3809000 | Illumina, Inc. | 4.65% | 09/09/2026 | 3814528 |
| 11900000 | Jackson National Life Global Funding | 4.60 %<sup>(a)</sup> | 10/01/2029 | 11886456 |
| 5034000 | JPMorgan Chase & Co.<br> (SOFR + 0.92%) | 5.28% | 04/22/2028 | 5049453 |
| 9337000 | JPMorgan Chase & Co.<br> (SOFR + 0.80%) | 4.92% | 01/24/2029 | 9464667 |
| 4572000 | Kinder Morgan, Inc. | 5.00% | 02/01/2029 | 4644743 |
| 3811000 | Kyndryl Holdings, Inc. | 2.05% | 10/15/2026 | 3694330 |
| 6117000 | Laboratory Corp. of America Holdings | 4.35% | 04/01/2030 | 6077716 |
| 2979000 | LPL Holdings, Inc. | 4.63 %<sup>(a)</sup> | 11/15/2027 | 2974141 |
| 2437000 | M&T Bank Corp.<br> (SOFR + 0.93%) | 4.83% | 01/16/2029 | 2457574 |
| 250000 | Manufacturers & Traders Trust Co. | 4.65% | 01/27/2026 | 250024 |
| 5666000 | Marriott International, Inc./MD | 4.80% | 03/15/2030 | 5722188 |
| 10025000 | Mars, Inc. | 4.80 %<sup>(a)</sup> | 03/01/2030 | 10160978 |
| 4429000 | Marvell Technology, Inc. | 5.75% | 02/15/2029 | 4612667 |
| 3460000 | Marvell Technology, Inc. | 4.75% | 07/15/2030 | 3476353 |
| 8817000 | MasTec, Inc. | 4.50 %<sup>(a)</sup> | 08/15/2028 | 8702058 |
| 6397000 | Merck Sharp & Dohme Corp. | 5.95% | 12/01/2028 | 6786557 |
| 4631000 | Meritage Homes Corp. | 5.13% | 06/06/2027 | 4687193 |
| 885000 | Meritage Homes Corp. | 3.88 %<sup>(a)</sup> | 04/15/2029 | 853394 |
| 675000 | Microchip Technology, Inc. | 4.25% | 09/01/2025 | 674246 |
| 1005000 | Microchip Technology, Inc. | 5.05% | 03/15/2029 | 1021299 |
| 10625200 | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd. | 6.50 %<sup>(a)</sup> | 06/20/2027 | 10645781 |
| 6430000 | Molex Electronic Technologies LLC | 4.75 %<sup>(a)</sup> | 04/30/2028 | 6471541 |
| 4587000 | MPLX LP | 4.80% | 02/15/2029 | 4632754 |
| 4228000 | National Fuel Gas Co. | 5.50% | 03/15/2030 | 4347686 |
| 3250000 | National Rural Utilities Cooperative Finance Corp. | 4.75% | 02/07/2028 | 3293188 |
| 5493000 | National Securities Clearing Corp. | 4.70 %<sup>(a)</sup> | 05/20/2030 | 5586996 |
| 597000 | New York Life Global Funding<br> (SOFR + 0.48%) | 4.92 %<sup>(a)</sup> | 06/09/2026 | 598023 |
| 757000 | New York Life Global Funding | 4.70 %<sup>(a)</sup> | 01/29/2029 | 767273 |
| 8482000 | NextEra Energy Capital Holdings, Inc. | 5.05% | 03/15/2030 | 8683114 |
| 5815000 | NGPL PipeCo LLC | 4.88 %<sup>(a)</sup> | 08/15/2027 | 5787175 |
| 5760000 | Niagara Mohawk Power Corp. | 4.65 %<sup>(a)</sup> | 10/03/2030 | 5760000 |
| 2480000 | NiSource, Inc. | 5.25% | 03/30/2028 | 2539567 |
| 1979000 | NiSource, Inc. | 5.20% | 07/01/2029 | 2032509 |
| 4704000 | Northrop Grumman Corp. | 4.65% | 07/15/2030 | 4746701 |
| 2566000 | Omega Healthcare Investors, Inc. | 4.75% | 01/15/2028 | 2578663 |
| 4159000 | ONEOK, Inc. | 5.38% | 06/01/2029 | 4249411 |
| 4734000 | ONEOK, Inc. | 4.40% | 10/15/2029 | 4699679 |
| 5647000 | Oracle Corp. | 5.80% | 11/10/2025 | 5670184 |
| 2797000 | O'Reilly Automotive, Inc. | 5.75% | 11/20/2026 | 2847475 |
| 553000 | Pacific Life Global Funding II<br> (SOFR + 0.62%) | 5.05 %<sup>(a)</sup> | 06/04/2026 | 554945 |
| 2501000 | Paychex, Inc. | 5.10% | 04/15/2030 | 2562630 |
| 3001000 | PayPal Holdings, Inc. | 4.45% | 03/06/2028 | 3025984 |
| 9017000 | Penske Truck Leasing Co. Lp / PTL Finance Corp. | 5.25 %<sup>(a)</sup> | 02/01/2030 | 9232254 |
| 1175000 | Pinnacle West Capital Corp. | 4.90% | 05/15/2028 | 1191800 |
| 4315000 | Public Service Enterprise Group, Inc. | 5.85% | 11/15/2027 | 4467549 |
| 4888000 | Public Service Enterprise Group, Inc. | 5.88% | 10/15/2028 | 5117929 |
| 5745000 | Quanta Services, Inc. | 4.75% | 08/09/2027 | 5795450 |
| 6026000 | Quest Diagnostics, Inc. | 4.20% | 06/30/2029 | 6002179 |
| 4317000 | Rentokil Terminix Funding LLC | 5.00 %<sup>(a)</sup> | 04/28/2030 | 4349025 |
| 8536000 | Republic Services, Inc. | 4.75% | 07/15/2030 | 8699975 |
| 332000 | Ryder System, Inc. | 5.25% | 06/01/2028 | 340780 |
| 1323000 | Ryder System, Inc. | 4.95% | 09/01/2029 | 1346911 |
| 5490000 | Santander Holdings USA, Inc.<br> (SOFR + 1.61%) | 5.47% | 03/20/2029 | 5583236 |
| 2454000 | Sherwin-Williams Co. | 4.55% | 03/01/2028 | 2476041 |
| 5678000 | Solventum Corp. | 5.45% | 02/25/2027 | 5772989 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 3027000 | Sonoco Products Co. | 4.45% | 09/01/2026 | 3024730 |
| 2772000 | Southern Co. | 5.15% | 10/06/2025 | 2775182 |
| 2326000 | Sun Communities Operating LP | 2.30% | 11/01/2028 | 2177636 |
| 4651000 | Sysco Corp. | 5.10% | 09/23/2030 | 4767385 |
| 2753000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp. | 6.50% | 07/15/2027 | 2754851 |
| 7362000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp. | 6.88% | 01/15/2029 | 7509899 |
| 7488000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp. | 5.50% | 03/01/2030 | 7601118 |
| 2398000 | The Campbell's Co. | 5.20% | 03/19/2027 | 2432753 |
| 7713000 | Truist Financial Corp.<br> (SOFR + 2.45%) | 7.16% | 10/30/2029 | 8344540 |
| 2238000 | Uber Technologies, Inc. | 6.25 %<sup>(a)</sup> | 01/15/2028 | 2250083 |
| 2969000 | Veralto Corp. | 5.50% | 09/18/2026 | 3005169 |
| 2560000 | Veralto Corp. | 5.35% | 09/18/2028 | 2639851 |
| 5953000 | VICI Properties LP / VICI Note Co., Inc. | 4.25 %<sup>(a)</sup> | 12/01/2026 | 5918781 |
| 9009000 | Wells Fargo & Co.<br> (SOFR + 1.07%) | 5.43% | 04/22/2028 | 9072742 |
| 4386000 | Wells Fargo & Co.<br> (SOFR + 1.79%) | 6.30% | 10/23/2029 | 4636271 |
| 813000 | Western Midstream Operating LP | 6.35% | 01/15/2029 | 851444 |
| 5412000 | Western Midstream Operating LP | 4.05% | 02/01/2030 | 5206923 |
| 5666000 | Williams Cos., Inc. | 4.80% | 11/15/2029 | 5733199 |
| 3679000 | Zimmer Biomet Holdings, Inc. | 4.70% | 02/19/2027 | 3700421 |
| 5398000 | Zimmer Biomet Holdings, Inc. | 5.05% | 02/19/2030 | 5534113 |
|  | **Total US Corporate Bonds (Cost $678,468,641)** | **Total US Corporate Bonds (Cost $678,468,641)** | **Total US Corporate Bonds (Cost $678,468,641)** | **686545470** |
| **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 5.0%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 5.0%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 5.0%** |  |  |
|  | Federal Home Loan Mortgage Corp. |  |  |  |
| 351122 | &nbsp;&nbsp;Pool 840632 (1 yr. RFUCCT + 1.62%, 1.62% Floor, 7.62% Cap) | 6.77% | 05/01/2045 | 363147 |
| 88330 | &nbsp;&nbsp;Pool N70081 | 5.50% | 07/01/2038 | 89934 |
| 7367035 | &nbsp;&nbsp;Pool RA8419 | 6.00% | 01/01/2053 | 7538788 |
| 7651015 | &nbsp;&nbsp;Pool SD5219 | 6.00% | 04/01/2054 | 7845074 |
| 3806978 | &nbsp;&nbsp;Pool SD6509 | 6.00% | 08/01/2054 | 3873990 |
| 3466295 | &nbsp;&nbsp;Pool SD6815 | 6.00% | 04/01/2054 | 3532804 |
| 9905883 | &nbsp;&nbsp;Pool SL0223 | 5.50% | 02/01/2055 | 9979406 |
| 5970005 | &nbsp;&nbsp;Pool SL0536 | 5.50% | 02/01/2055 | 6002308 |
| 3247614 | &nbsp;&nbsp;Series 276-F5 (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 09/15/2042 | 3212189 |
| 2162546 | &nbsp;&nbsp;Series 339-F5 (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap) | 4.87% | 11/15/2044 | 2130286 |
| 9153 | &nbsp;&nbsp;Series 3872-BA | 4.00% | 06/15/2041 | 8990 |
| 3922817 | &nbsp;&nbsp;Series 4068-UF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 06/15/2042 | 3886090 |
| 115515 | &nbsp;&nbsp;Series 4203-NB | 2.00% | 10/15/2040 | 114578 |
| 6312642 | &nbsp;&nbsp;Series 4631-FA (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 11/15/2046 | 6188236 |
| 2330708 | &nbsp;&nbsp;Series 4878-FA (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap) | 4.82% | 05/15/2049 | 2297636 |
| 1776490 | &nbsp;&nbsp;Series 4939-CF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 12/25/2049 | 1741226 |
| 3374339 | &nbsp;&nbsp;Series 4987-BF (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap) | 4.82% | 06/25/2050 | 3316498 |
| 8986367 | &nbsp;&nbsp;Series 4990-FN (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap) | 4.77% | 05/25/2050 | 8629654 |
| 8188244 | &nbsp;&nbsp;Series 5475-FG (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap) | 5.46% | 11/25/2054 | 8161331 |
| 4475632 | &nbsp;&nbsp;Series 5478-FB (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap) | 5.66% | 02/25/2054 | 4487635 |
| 7784992 | &nbsp;&nbsp;Series 5480-FD (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap) | 5.66% | 03/25/2054 | 7805873 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 8879235 | &nbsp;&nbsp;Series 5524-AF (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 04/25/2055 | 8820867 |
| 10610901 | &nbsp;&nbsp;Series 5536-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 05/25/2054 | 10595027 |
|  | Federal National Mortgage Association |  |  |  |
| 16683 | &nbsp;&nbsp;Pool AB3850 | 4.00% | 11/01/2041 | 15708 |
| 719345 | &nbsp;&nbsp;Pool AL2987 (1 yr. RFUCCT + 1.62%, 1.62% Floor, 7.31% Cap) | 7.01% | 11/01/2042 | 744406 |
| 61119 | &nbsp;&nbsp;Pool AL4292 | 4.50% | 04/01/2026 | 60914 |
| 548680 | &nbsp;&nbsp;Pool BM3520 (1 yr. RFUCCT + 1.56%, 1.56% Floor, 6.96% Cap) | 6.61% | 05/01/2045 | 569594 |
| 9868994 | &nbsp;&nbsp;Pool CB9973 | 5.50% | 02/01/2055 | 9952907 |
| 9710197 | &nbsp;&nbsp;Pool CB9999 | 6.00% | 02/01/2055 | 10023225 |
| 11997507 | &nbsp;&nbsp;Pool FA1444 | 5.50% | 04/01/2055 | 12025315 |
| 7617603 | &nbsp;&nbsp;Pool FS6084 | 6.00% | 10/01/2053 | 7805889 |
| 9715844 | &nbsp;&nbsp;Pool FS7622 | 5.50% | 04/01/2054 | 9797580 |
| 4484630 | &nbsp;&nbsp;Pool MA4901 | 5.00% | 01/01/2043 | 4509791 |
| 2855196 | &nbsp;&nbsp;Pool MA4988 | 5.00% | 04/01/2043 | 2871218 |
| 3511811 | &nbsp;&nbsp;Pool MA5112 | 5.00% | 08/01/2043 | 3521798 |
| 4656378 | &nbsp;&nbsp;Pool MA5540 | 5.50% | 11/01/2044 | 4738873 |
| 1898127 | &nbsp;&nbsp;Series 2010-68-FJ (30 day avg SOFR US + 0.56%, 0.45% Floor, 7.00% Cap) | 4.87% | 07/25/2040 | 1887020 |
| 831436 | &nbsp;&nbsp;Series 2011-134-FT (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 12/25/2041 | 823190 |
| 32478 | &nbsp;&nbsp;Series 2011-64-DB | 4.00% | 07/25/2041 | 31863 |
| 1456527 | &nbsp;&nbsp;Series 2016-62-FB (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap) | 4.82% | 09/25/2046 | 1443791 |
| 3496731 | &nbsp;&nbsp;Series 2016-84-FT (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 11/25/2046 | 3424353 |
| 1446318 | &nbsp;&nbsp;Series 2017-112-FC (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap) | 4.77% | 01/25/2048 | 1399434 |
| 6823324 | &nbsp;&nbsp;Series 2018-72-FB (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap) | 4.77% | 10/25/2058 | 6609143 |
| 2438687 | &nbsp;&nbsp;Series 2018-85-FE (30 day avg SOFR US + 0.41%, 0.30% Floor, 6.50% Cap) | 4.72% | 12/25/2048 | 2403431 |
| 4240372 | &nbsp;&nbsp;Series 2019-49-FB (30 day avg SOFR US + 0.59%, 0.48% Floor, 6.50% Cap) | 4.90% | 09/25/2049 | 4109895 |
| 5852457 | &nbsp;&nbsp;Series 2019-57-LF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 10/25/2049 | 5666553 |
| 788759 | &nbsp;&nbsp;Series 2019-M21-3A1 | 2.10% | 06/25/2034 | 775545 |
| 4077493 | &nbsp;&nbsp;Series 2020-34-F (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap) | 4.87% | 06/25/2050 | 3938647 |
| 10292321 | &nbsp;&nbsp;Series 2020-M49-1A1 | 1.30 %<sup>(b)</sup> | 11/25/2030 | 9571476 |
| 15008004 | &nbsp;&nbsp;Series 2021-M7-A1 | 1.78 %<sup>(b)</sup> | 03/25/2031 | 14260529 |
| 7065319 | &nbsp;&nbsp;Series 2024-82-FH (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap) | 5.46% | 11/25/2054 | 7032910 |
| 6070944 | &nbsp;&nbsp;Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap) | 5.76% | 12/25/2054 | 6110077 |
| 8518002 | &nbsp;&nbsp;Series 2024-95-FC (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap) | 5.71% | 12/25/2054 | 8554011 |
| 15628894 | &nbsp;&nbsp;Series 2025-15-FQ (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 04/25/2055 | 15594731 |
| 8896083 | &nbsp;&nbsp;Series 2025-26-FK (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 06/25/2054 | 8881874 |
| 9641111 | &nbsp;&nbsp;Series 2025-28-FM (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap) | 5.56% | 04/25/2055 | 9642341 |
| 6461250 | &nbsp;&nbsp;Series 2025-33-FE (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap) | 5.76% | 08/25/2054 | 6495126 |
|  | Government National Mortgage Association |  |  |  |
| 3286398 | &nbsp;&nbsp;Series 2012-68-FA (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap) | 4.93% | 05/20/2042 | 3239097 |
| 2697028 | &nbsp;&nbsp;Series 2013-116-WU | 3.00% | 12/20/2042 | 2653102 |
| 3153886 | &nbsp;&nbsp;Series 2016-16-DF (1 mo. Term SOFR + 0.41%, 0.30% Floor, 6.50% Cap) | 4.73% | 02/16/2046 | 3111531 |
| 4092314 | &nbsp;&nbsp;Series 2022-183-B | 5.00% | 04/20/2047 | 4197485 |
| 3573836 | &nbsp;&nbsp;Series 2024-25-AF (30 day avg SOFR US + 0.51%, 0.51% Floor, 6.50% Cap) | 4.83% | 02/20/2049 | 3374094 |
|  | **Total US Government and Agency Mortgage Backed Obligations (Cost $313,361,527)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $313,361,527)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $313,361,527)** | **312490034** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
| **US GOVERNMENT AND AGENCY OBLIGATIONS - 23.0%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 23.0%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 23.0%** |  |  |  |
| 16702770 | United States Treasury Inflation Indexed Bonds |  | 2.38% | 01/15/2027 | 16984425 |
| 24427870 | United States Treasury Inflation Indexed Bonds |  | 0.13% | 04/15/2027 | 23919543 |
| 12345402 | United States Treasury Inflation Indexed Bonds |  | 1.63% | 10/15/2027 | 12501171 |
| 40000000 | United States Treasury Note/Bond |  | 0.38% | 01/31/2026 | 39121374 |
| 111200000 | United States Treasury Note/Bond |  | 0.75% | 03/31/2026 | 108464873 |
| 68700000 | United States Treasury Note/Bond |  | 0.75% | 05/31/2026 | 66682543 |
| 106500000 | United States Treasury Note/Bond |  | 0.63% | 07/31/2026 | 102760019 |
| 123500000 | United States Treasury Note/Bond |  | 0.88% | 09/30/2026 | 118984531 |
| 306250000 | United States Treasury Note/Bond |  | 0.63% | 03/31/2027 | 290147951 |
| 273600000 | United States Treasury Note/Bond |  | 0.50% | 06/30/2027 | 256783220 |
| 200000000 | United States Treasury Note/Bond |  | 0.75% | 01/31/2028 | 185585938 |
| 245000000 | United States Treasury Note/Bond |  | 0.88% | 11/15/2030 | 210211913 |
|  | **Total US Government and Agency Obligations (Cost $1,428,878,784)** | **Total US Government and Agency Obligations (Cost $1,428,878,784)** | **Total US Government and Agency Obligations (Cost $1,428,878,784)** | **Total US Government and Agency Obligations (Cost $1,428,878,784)** | **1432147501** |
| **SHORT TERM INVESTMENTS - 4.2%** | **SHORT TERM INVESTMENTS - 4.2%** |  |  |  |  |
| 52702636 | First American Government Obligations Fund - U |  | 4.28 %<sup>(g)</sup> |  | 52702636 |
| 52702636 | JPMorgan US Government Money Market Fund - IM |  | 4.28 %<sup>(g)</sup> |  | 52702636 |
| 52702636 | MSILF Government Portfolio - Institutional |  | 4.24 %<sup>(g)</sup> |  | 52702636 |
| 100000000 | United States Treasury Bill |  | 0.00% | 07/31/2025 | 99654417 |
|  | **Total Short Term Investments (Cost $257,760,741)** | **Total Short Term Investments (Cost $257,760,741)** | **Total Short Term Investments (Cost $257,760,741)** | **Total Short Term Investments (Cost $257,760,741)** | **257762325** |
|  | **Total Investments - 100.3% (Cost $6,374,392,642)** | **Total Investments - 100.3% (Cost $6,374,392,642)** | **Total Investments - 100.3% (Cost $6,374,392,642)** | **Total Investments - 100.3% (Cost $6,374,392,642)** | **6251989067** |
|  | **Other Liabilities in Excess of Assets - (0.3)%** | **Other Liabilities in Excess of Assets - (0.3)%** | **Other Liabilities in Excess of Assets - (0.3)%** | **Other Liabilities in Excess of Assets - (0.3)%** | **(15881676)** |
|  | **NET ASSETS - 100.0%** |  |  |  | $**6236107391** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Obligations | 23.0% |
| Non-Agency Residential Collateralized Mortgage Obligations | 14.6% |
| Non-Agency Commercial Mortgage Backed Obligations | 14.2% |
| Collateralized Loan Obligations | 12.0% |
| US Corporate Bonds | 11.0% |
| Asset Backed Obligations | 7.8% |
| Foreign Corporate Bonds | 6.8% |
| US Government and Agency Mortgage Backed Obligations | 5.0% |
| Short Term Investments | 4.2% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 1.7% |
| Other Assets and Liabilities | (0.3)% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Obligations | 23.0% |
| Non-Agency Residential Collateralized Mortgage Obligations | 14.6% |
| Non-Agency Commercial Mortgage Backed Obligations | 14.2% |
| Collateralized Loan Obligations | 12.0% |
| Asset Backed Obligations | 7.8% |
| US Government and Agency Mortgage Backed Obligations | 5.0% |
| Short Term Investments | 4.2% |
| Banking | 4.1% |
| Energy | 2.1% |
| Utilities | 2.1% |
| Technology | 1.5% |
| Transportation | 1.2% |

---

---

| | |
|:---|:---|
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 1.0% |
| Healthcare | 0.8% |
| Insurance | 0.7% |
| Finance | 0.7% |
| Mining | 0.6% |
| Aerospace & Defense | 0.5% |
| Food Products | 0.4% |
| Telecommunications | 0.4% |
| Retailers (other than Food/Drug) | 0.4% |
| Real Estate | 0.3% |
| Construction | 0.3% |
| Beverage and Tobacco | 0.2% |
| Pharmaceuticals | 0.2% |
| Industrial Equipment | 0.2% |
| Consumer Products | 0.2% |
| Hotels/Motels/Inns and Casinos | 0.2% |
| Media | 0.2% |
| Diversified Manufacturing | 0.2% |
| Building and Development (including Steel/Metals) | 0.2% |
| Environmental Control | 0.2% |
| Chemicals/Plastics | 0.1% |
| Commercial Services | 0.1% |
| Conglomerates | 0.1% |
| Automotive | 0.1% |
| Containers and Glass Products | 0.1% |
| Pulp & Paper | 0.1% |
| Food Service | 0.0 %(h) |
| Other Assets and Liabilities | (0.3)% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $3,065,893,372 or 49.2% of the Fund's net assets.** 

**(b)** **Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.** 

**(c)** **Value determined using significant unobservable inputs.** 

**(d)** **Perpetual maturity. The date disclosed is the next call date of the security.** 

**(e)** **Interest only security** 

**(f)** **Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.** 

**(g)** **Seven-day yield as of period end.** 

**(h)** **Represents less than 0.05% of net assets.** 

---

| | |
|:---|:---|
| **CMT** | **Constant Maturity Treasury Rate** |
| **RFUCCT** | **Refinitiv USD IBOR Consumer Cash Fallbacks** |
| **SOFR** | **Secured Overnight Financing Rate** |

---

---

| | |
|:---|:---|
| **DoubleLine Floating Rate Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **MATURITY** | **VALUE $** |
| **BANK LOANS - 87.8%** | **BANK LOANS - 87.8%** | **BANK LOANS - 87.8%** | **BANK LOANS - 87.8%** | **BANK LOANS - 87.8%** | **BANK LOANS - 87.8%** |
| **AEROSPACE & DEFENSE - 1.8%** | **AEROSPACE & DEFENSE - 1.8%** |  |  |  |  |
|  | AAdvantage Loyalty IP Ltd. |  |  |  |  |
| 520000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% |  | 05/28/2032 | 524030 |
|  | Kaman Corp. |  |  |  |  |
| 97147 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% |  | 02/26/2032 | 97155 |
| 117437 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% |  | 02/26/2032 | 117447 |
| 97382 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% |  | 02/26/2032 | 97390 |
| 133508 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% |  | 02/26/2032 | 133518 |
| 97382 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% |  | 02/26/2032 | 97390 |
| 133508 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% |  | 02/26/2032 | 133518 |
| 117437 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% |  | 02/26/2032 | 117447 |
| 97147 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% |  | 02/26/2032 | 97155 |
|  | Signia Aerospace LLC |  |  |  |  |
| 430460 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% |  | 12/11/2031 | 433150 |
| 352194 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% |  | 12/11/2031 | 354395 |
|  |  |  |  |  | 2202595 |
| **AUTOMOTIVE - 1.5%** | **AUTOMOTIVE - 1.5%** |  |  |  |  |
|  | Clarios Global LP |  |  |  |  |
| 1002438 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% |  | 05/06/2030 | 1000874 |
| 335000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% |  | 01/28/2032 | 335733 |
|  | Dexko Global, Inc. |  |  |  |  |
| 450928 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor) | 8.19% |  | 10/04/2028 | 432616 |
|  |  |  |  |  | 1769223 |
| **BUILDING AND DEVELOPMENT (INCLUDING STEEL/METALS) - 1.5%** | **BUILDING AND DEVELOPMENT (INCLUDING STEEL/METALS) - 1.5%** | **BUILDING AND DEVELOPMENT (INCLUDING STEEL/METALS) - 1.5%** | **BUILDING AND DEVELOPMENT (INCLUDING STEEL/METALS) - 1.5%** |  |  |
|  | Cornerstone Building Brands, Inc. |  |  |  |  |
| 383521 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor) | 7.66% |  | 04/12/2028 | 343572 |
| 64675 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.50% Floor) | 8.81% |  | 05/15/2031 | 55297 |
|  | LBM Acquisition LLC |  |  |  |  |
| 974769 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.75% Floor) | 8.16% |  | 06/06/2031 | 913846 |
|  | MITER Brands Acquisition Holdco, Inc. |  |  |  |  |
| 497544 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% |  | 03/28/2031 | 499240 |
|  |  |  |  |  | 1811955 |
| **BUSINESS EQUIPMENT AND SERVICES - 5.7%** | **BUSINESS EQUIPMENT AND SERVICES - 5.7%** |  |  |  |  |
|  | Camelot US Acquisition LLC |  |  |  |  |
| 13957 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% |  | 01/31/2031 | 13831 |
| 152651 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% |  | 01/31/2031 | 151268 |
| 658223 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% |  | 01/31/2031 | 652260 |
| 475000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%) | 7.58% |  | 01/31/2031 | 475891 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT** <br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | CoreLogic, Inc. |  |  |  |
| 204900 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor) | 7.94% | 06/02/2028 | 203076 |
|  | Dun & Bradstreet Corp. |  |  |  |
| 244054 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 01/18/2029 | 244146 |
|  | EAB Global, Inc. |  |  |  |
| 811525 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 08/16/2030 | 798338 |
|  | Eisner Advisory Group LLC |  |  |  |
| 640790 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor) | 8.33% | 02/28/2031 | 644394 |
|  | Element Materials Technology Group US Holdings, Inc. |  |  |  |
| 639590 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 06/25/2029 | 642388 |
|  | First Advantage Holdings LLC |  |  |  |
| 963501 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 10/31/2031 | 965158 |
|  | Grant Thornton Advisors LLC |  |  |  |
| 645618 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 05/30/2031 | 645860 |
| 260000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 05/30/2031 | 260747 |
|  | Ovg Business Services LLC |  |  |  |
| 485000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%) | 7.33% | 06/25/2031 | 483181 |
|  | Trans Union LLC |  |  |  |
| 316800 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 06/24/2031 | 317557 |
|  | VT Topco, Inc. |  |  |  |
| 345457 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% | 08/09/2030 | 346602 |
|  |  |  |  | 6844697 |
| **CHEMICALS/PLASTICS - 3.4%** | **CHEMICALS/PLASTICS - 3.4%** |  |  |  |
|  | Hexion Holdings Corp. |  |  |  |
| 714542 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor) | 8.31% | 03/15/2029 | 713871 |
|  | INEOS US Finance LLC |  |  |  |
| 1245635 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 8.68% | 02/19/2030 | 1197036 |
|  | INEOS US Petrochem LLC |  |  |  |
| 466040 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor) | 8.78% | 03/29/2029 | 435165 |
| 399000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor) | 8.58% | 10/07/2031 | 365584 |
|  | Nouryon Finance BV |  |  |  |
| 263177 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.51% | 04/03/2028 | 264740 |
| 70976 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.51% | 04/03/2028 | 71397 |
|  | Vantage Specialty Chemicals, Inc. |  |  |  |
| 723713 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.50% Floor) | 9.03% | 10/26/2026 | 702515 |
|  | WR Grace Holdings LLC |  |  |  |
| 408941 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.55% | 09/22/2028 | 410049 |
|  |  |  |  | 4160357 |
| **COMMERCIAL SERVICES - 4.2%** | **COMMERCIAL SERVICES - 4.2%** | **COMMERCIAL SERVICES - 4.2%** |  |  |
|  | Allied Universal Holdco LLC |  |  |  |
| 831473 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.50% Floor) | 8.18% | 05/15/2028 | 836375 |
|  | Ascend Learning LLC |  |  |  |
| 134007 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.85%, 0.50% Floor) | 10.18% | 12/10/2029 | 134509 |
|  | Cengage Learning, Inc. |  |  |  |
| 144073 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor) | 7.82% | 03/22/2031 | 144586 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
| 246987 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor) |  | 7.83% | 03/24/2031 | 247866 |
|  | Enviri Corp. |  |  |  |  |
| 408935 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.36%, 0.50% Floor) |  | 6.69% | 03/10/2028 | 405817 |
|  | Garda World Security Corp. |  |  |  |  |
| 676581 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) |  | 7.31% | 02/01/2029 | 678645 |
|  | GFL ES US LLC |  |  |  |  |
| 875000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) |  | 6.82% | 03/03/2032 | 876641 |
|  | Mister Car Wash Holdings, Inc. |  |  |  |  |
| 142948 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) |  | 6.83% | 03/27/2031 | 143394 |
|  | MX Holdings US, Inc. |  |  |  |  |
| 175000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) |  | 6.58% | 03/17/2032 | 175984 |
|  | Prime Security Services Borrower LLC |  |  |  |  |
| 580000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 1.75%) |  | 6.07% | 03/08/2032 | 576073 |
|  | Vestis Corp. |  |  |  |  |
| 539438 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) |  | 6.58% | 02/24/2031 | 519209 |
|  | Wand NewCo 3, Inc. |  |  |  |  |
| 312805 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) |  | 6.83% | 01/30/2031 | 311770 |
|  |  |  |  |  | 5050869 |
| **CONSTRUCTION - 3.1%** | **CONSTRUCTION - 3.1%** | **CONSTRUCTION - 3.1%** |  |  |  |
|  | Amentum Holdings, Inc. |  |  |  |  |
| 722288 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) |  | 6.58% | 09/29/2031 | 722287 |
|  | APi Group DE, Inc. |  |  |  |  |
| 200000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) |  | 6.08% | 01/03/2029 | 200271 |
|  | Brand Industrial Services, Inc. |  |  |  |  |
| 584583 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.50% Floor) |  | 8.78% | 08/01/2030 | 491673 |
|  | Construction Partners, Inc. |  |  |  |  |
| 597000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) |  | 6.83% | 11/03/2031 | 599612 |
|  | Quikrete Holdings, Inc. |  |  |  |  |
| 391010 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) |  | 6.58% | 03/19/2029 | 391368 |
| 123442 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) |  | 6.58% | 04/14/2031 | 123365 |
| 578550 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) |  | 6.58% | 02/10/2032 | 578478 |
|  | Tecta America Corp. |  |  |  |  |
| 570000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) |  | 7.33% | 02/18/2032 | 571961 |
|  |  |  |  |  | 3679015 |
| **CONSUMER PRODUCTS - 0.9%** | **CONSUMER PRODUCTS - 0.9%** | **CONSUMER PRODUCTS - 0.9%** |  |  |  |
|  | Hunter Douglas, Inc. |  |  |  |  |
| 500249 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) |  | 7.55% | 01/20/2032 | 499103 |
|  | Kronos Acquisition Holdings, Inc. |  |  |  |  |
| 114888 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor) |  | 8.30% | 07/08/2031 | 103284 |
|  | Madison Safety & Flow LLC |  |  |  |  |
| 337525 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) |  | 7.08% | 09/26/2031 | 338580 |
|  | SWF Holdings I Corp. |  |  |  |  |
| 248756 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 1.00% Floor) |  | 8.44% | 10/06/2028 | 191853 |
|  |  |  |  |  | 1132820 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
| **CONTAINERS AND GLASS PRODUCTS - 2.3%** | **CONTAINERS AND GLASS PRODUCTS - 2.3%** | **CONTAINERS AND GLASS PRODUCTS - 2.3%** |  |  |  |
|  | Clydesdale Acquisition Holdings, Inc. |  |  |  |  |
| 556032 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.18%, 0.50% Floor) |  | 7.50% | 04/13/2029 | 555560 |
|  | Klockner Pentaplast of America, Inc. |  |  |  |  |
| 328804 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.98%, 0.50% Floor) |  | 9.23% | 02/09/2026 | 305082 |
|  | Pregis TopCo LLC |  |  |  |  |
| 607670 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor) |  | 8.33% | 02/01/2029 | 610177 |
|  | Pretium PKG Holdings, Inc. |  |  |  |  |
| 5790 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor) |  | 9.29% | 10/02/2028 | 5793 |
| 173478 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor) |  | 9.29% | 10/02/2028 | 173571 |
| 155000 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.01%, 0.50% Floor) |  | 11.31% | 10/01/2029 | 26893 |
|  | TricorBraun Holdings, Inc. |  |  |  |  |
| 364658 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.36%, 0.50% Floor) |  | 7.69% | 03/03/2028 | 364691 |
|  | Trident TPI Holdings, Inc. |  |  |  |  |
| 729064 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor) |  | 8.05% | 09/18/2028 | 717311 |
|  |  |  |  |  | 2759078 |
| **ELECTRONICS/ELECTRIC - 12.3%** | **ELECTRONICS/ELECTRIC - 12.3%** | **ELECTRONICS/ELECTRIC - 12.3%** | **ELECTRONICS/ELECTRIC - 12.3%** |  |  |
|  | Access CIG LLC |  |  |  |  |
| 266986 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) |  | 8.38% | 08/18/2028 | 268551 |
|  | Applied Systems, Inc. |  |  |  |  |
| 235000 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.00% Floor) |  | 8.80% | 02/23/2032 | 241551 |
|  | Astra Acquisition Corp. |  |  |  |  |
| 404876 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 8.99%, 0.75% Floor) |  | 13.16 %<sup>(a)</sup> | 10/25/2029 | 2701 |
|  | Asurion LLC |  |  |  |  |
| 135000 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor) |  | 9.69% | 02/03/2028 | 129474 |
| 397867 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor) |  | 8.68% | 08/21/2028 | 394207 |
| 500000 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor) |  | 9.69% | 01/22/2029 | 465195 |
| 185000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%) |  | 8.56% | 09/19/2030 | 179959 |
| 416748 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor) |  | 8.58% | 09/19/2030 | 406948 |
|  | Boxer Parent Co., Inc. |  |  |  |  |
| 952613 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) |  | 7.33% | 07/30/2031 | 947788 |
| 352032 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.00% Floor) |  | 10.08% | 07/30/2032 | 343453 |
|  | Castle US Holding Corp. |  |  |  |  |
| 217240 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.36%, 0.00% Floor) |  | 8.84% | 05/31/2030 | 119618 |
|  | Central Parent LLC |  |  |  |  |
| 288546 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) |  | 7.55% | 07/06/2029 | 241672 |
|  | Chariot Buyer LLC |  |  |  |  |
| 804192 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor) |  | 7.68% | 11/03/2028 | 806476 |
|  | Clearwater Analytics LLC |  |  |  |  |
| 390000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) |  | 6.52% | 04/21/2032 | 390487 |
|  | Cloud Software Group, Inc. |  |  |  |  |
| 670652 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) |  | 8.05% | 03/24/2031 | 672536 |
| 1689 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) |  | 8.05% | 03/24/2031 | 1694 |
|  | Cornerstone OnDemand, Inc. |  |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 237066 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor) | 8.19% | 10/16/2028 | 223065 |
|  | Cyborg Oldco DC Holdings, Inc. |  |  |  |
| 230203 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.00%) | 8.33 %<sup>(a)(b)</sup> | 05/01/2026 |  |
|  | DG Investment Intermediate Holdings 2, Inc. |  |  |  |
| 812135 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.75% Floor) | 7.94% | 03/31/2028 | 814644 |
| 150000 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 6.86%, 0.75% Floor) | 11.19% | 03/29/2029 | 149484 |
|  | Ellucian Holdings, Inc. |  |  |  |
| 40000 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor) | 9.08% | 11/22/2032 | 40900 |
|  | Gainwell Acquisition Corp. |  |  |  |
| 926994 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 0.10%, 0.75% Floor) | 8.40% | 10/01/2027 | 895245 |
|  | Helios Software Holdings, Inc. |  |  |  |
| 566383 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 07/18/2030 | 567739 |
|  | ION Trading Technologies Sarl |  |  |  |
| 257237 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 04/03/2028 | 257711 |
|  | Kaseya, Inc. |  |  |  |
| 413963 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 03/22/2032 | 416065 |
|  | McAfee Corp. |  |  |  |
| 825140 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.32% | 03/01/2029 | 803051 |
|  | MH Sub I LLC |  |  |  |
| 657443 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.58% | 12/31/2031 | 573004 |
|  | Mitchell International, Inc. |  |  |  |
| 715372 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.58% | 06/17/2031 | 715608 |
| 115000 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor) | 9.58% | 06/17/2032 | 113591 |
|  | Newfold Digital Holdings Group, Inc. |  |  |  |
| 240828 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.93%, 0.75% Floor) | 7.93% | 02/10/2028 | 130348 |
|  | Peraton Corp. |  |  |  |
| 626850 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor) | 8.18% | 02/01/2028 | 555154 |
|  | Polaris Newco LLC |  |  |  |
| 651414 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.86%, 0.50% Floor) | 8.29% | 06/05/2028 | 635715 |
|  | Proofpoint, Inc. |  |  |  |
| 60000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%) | 7.33% | 08/31/2028 | 60107 |
|  | RealPage, Inc. |  |  |  |
| 318346 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.11%, 0.50% Floor) | 7.56% | 04/24/2028 | 316517 |
| 229425 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 04/24/2028 | 230078 |
|  | Sabre GLBL, Inc. |  |  |  |
| 156966 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor) | 7.94% | 12/17/2027 | 154835 |
| 178200 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor) | 7.94% | 12/17/2027 | 175781 |
| 291372 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.00%) | 10.43% | 11/15/2029 | 291371 |
| 120522 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.10%, 0.00% Floor) | 10.43% | 11/15/2029 | 114948 |
|  | Travelport Finance Luxembourg Sarl |  |  |  |
| 66433 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor) | 11.30% | 09/29/2028 | 51631 |
| 110545 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor) | 11.30% | 09/29/2028 | 85915 |
|  | WEC US Holdings, Inc. |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 893250 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 01/27/2031 | 894478 |
|  |  |  |  | 14879295 |
| **ENERGY - 4.3%** | **ENERGY - 4.3%** |  |  |  |
|  | BCP Renaissance Parent LLC |  |  |  |
| 514344 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.30% | 10/31/2028 | 516515 |
|  | Brazos Delaware II LLC |  |  |  |
| 24339 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.31% | 02/11/2030 | 24409 |
|  | Colossus Acquireco LLC |  |  |  |
| 1255000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 1.75%) | 6.06% | 06/14/2032 | 1248254 |
|  | Compass Power Generation LLC |  |  |  |
| 860540 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.56% | 04/16/2029 | 866457 |
|  | CPPIB OVM Member US LLC |  |  |  |
| 352512 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 08/20/2031 | 352072 |
|  | Delek US Holdings, Inc. |  |  |  |
| 309221 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.60%, 0.50% Floor) | 7.93% | 11/19/2029 | 304697 |
|  | Freeport LNG Investments LLLP |  |  |  |
| 650062 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.52% | 12/21/2028 | 651554 |
|  | GIP Pilot Acquisition Partners LP |  |  |  |
| 340954 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.28% | 10/04/2030 | 342516 |
|  | Hamilton Projects Acquiror LLC |  |  |  |
| 140000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 2.50%) | 6.81% | 05/30/2031 | 140642 |
| 157575 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%) | 7.33% | 05/30/2031 | 158297 |
|  | Natgasoline LLC |  |  |  |
| 243469 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.50%, 0.00% Floor) | 9.83% | 03/29/2030 | 242556 |
|  | Par Petroleum LLC |  |  |  |
| 234604 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.01% | 02/28/2030 | 232992 |
|  | WhiteWater Matterhorn Holdings LLC |  |  |  |
| 160000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 06/16/2032 | 160134 |
|  |  |  |  | 5241095 |
| **FINANCE - 3.5%** | **FINANCE - 3.5%** |  |  |  |
|  | Allspring Buyer LLC |  |  |  |
| 679433 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.31% | 11/01/2030 | 684104 |
|  | Corpay Technologies Operating Co. LLC |  |  |  |
| 124375 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 04/28/2028 | 124530 |
|  | CPI Holdco B LLC |  |  |  |
| 295000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 05/19/2031 | 295093 |
|  | Edelman Financial Engines Center LLC |  |  |  |
| 339148 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 04/07/2028 | 339902 |
| 335000 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor) | 9.58% | 10/06/2028 | 336801 |
|  | Focus Financial Partners LLC |  |  |  |
| 1202881 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 09/15/2031 | 1201684 |
|  | GC Ferry Acquisition I, Inc. |  |  |  |
| 546667 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.50%) | 7.83% | 06/07/2032 | 537783 |
|  | Hightower Holding LLC |  |  |  |
| 715000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.26% | 02/03/2032 | 714407 |
|  |  |  |  | 4234304 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
| **FINANCIALS - 0.3%** | **FINANCIALS - 0.3%** |  |  |  |  |
|  | CPI Holdco B LLC |  |  |  |  |
| 388238 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) |  | 6.33% | 05/19/2031 | 387558 |
| **FOOD PRODUCTS - 1.3%** | **FOOD PRODUCTS - 1.3%** | **FOOD PRODUCTS - 1.3%** |  |  |  |
|  | Aspire Bakeries T/L B |  |  |  |  |
| 492513 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan |  | 7.82 %<sup>(c)</sup> | 12/23/2030 | 492723 |
|  | Golden State Foods LLC |  |  |  |  |
| 401973 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor) |  | 8.56% | 12/04/2031 | 404405 |
|  | Savor Acquisition, Inc. |  |  |  |  |
| 434052 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) |  | 7.58% | 02/19/2032 | 437205 |
|  | Sazerac Co., Inc. |  |  |  |  |
| 180000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 2.50%) |  | 6.82% | 06/25/2032 | 180225 |
|  |  |  |  |  | 1514558 |
| **HEALTHCARE - 8.8%** | **HEALTHCARE - 8.8%** | **HEALTHCARE - 8.8%** |  |  |  |
|  | ADMI Corp. |  |  |  |  |
| 764692 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.50% Floor) |  | 8.19% | 12/23/2027 | 731236 |
| 526975 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.75%, 0.00% Floor) |  | 10.08% | 12/23/2027 | 512220 |
|  | AthenaHealth Group, Inc. |  |  |  |  |
| 1286811 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.50% Floor) |  | 7.08% | 02/15/2029 | 1286972 |
|  | Aveanna Healthcare LLC |  |  |  |  |
| 1012892 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.85%, 0.50% Floor) |  | 8.18% | 07/17/2028 | 993586 |
| 173481 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.15%, 0.50% Floor) |  | 11.48% | 12/10/2029 | 170749 |
|  | Bausch + Lomb Corp. |  |  |  |  |
| 275100 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor) |  | 8.33% | 09/29/2028 | 275674 |
| 1036115 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%) |  | 8.57% | 01/15/2031 | 1039358 |
|  | CNT Holdings I Corp. |  |  |  |  |
| 123441 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.75% Floor) |  | 6.78% | 11/08/2032 | 123884 |
|  | Cotiviti, Inc. |  |  |  |  |
| 571096 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) |  | 7.07% | 05/01/2031 | 569134 |
| 585000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) |  | 7.07% | 03/29/2032 | 582929 |
|  | FinThrive Software Intermediate Holdings, Inc. |  |  |  |  |
| 44815 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor) |  | 8.32% | 12/18/2028 | 43686 |
| 75066 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 0.50% Floor) |  | 8.44% | 12/18/2028 | 67935 |
|  | Fortrea Holdings, Inc. |  |  |  |  |
| 44463 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor) |  | 8.08% | 07/01/2030 | 40016 |
|  | LifePoint Health, Inc. |  |  |  |  |
| 861038 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor) |  | 8.01% | 05/19/2031 | 853233 |
|  | Medline Borrower LP |  |  |  |  |
| 658342 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.50% Floor) |  | 6.58% | 10/23/2028 | 659840 |
|  | Radiology Partners, Inc. |  |  |  |  |
| 655000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 4.50%) |  | 8.82% | 06/30/2032 | 650497 |
|  | Sound Inpatient Physicians Holdings LLC |  |  |  |  |
| 300000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (3 mo. Term SOFR + 6.75%, 0.00% Floor) |  | 11.08% | 06/29/2026 | 45144 |
|  | Southern Veterinary Partners LLC |  |  |  |  |
| 882788 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) |  | 7.53% | 12/04/2031 | 884818 |
|  | Team Health Holdings, Inc. |  |  |  |  |
| 434519 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.25%, 1.00% Floor) |  | 9.53% | 03/02/2027 | 433024 |
|  | Zelis Payments Buyer, Inc. |  |  |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
| 681787 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) |  | 7.58% | 11/26/2031 | 679087 |
|  |  |  |  |  | 10643022 |
| **HOTELS/MOTELS/INNS AND CASINOS - 6.3%** | **HOTELS/MOTELS/INNS AND CASINOS - 6.3%** | **HOTELS/MOTELS/INNS AND CASINOS - 6.3%** | **HOTELS/MOTELS/INNS AND CASINOS - 6.3%** |  |  |
|  | Bally's Corp. |  |  |  |  |
| 605171 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.51%, 0.50% Floor) |  | 7.78% | 10/02/2028 | 537089 |
|  | Caesars Entertainment, Inc. |  |  |  |  |
| 1215423 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.50% Floor) |  | 6.58% | 02/06/2031 | 1216189 |
|  | ClubCorp Holdings, Inc. |  |  |  |  |
| 538533 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor) |  | 9.56% | 09/18/2026 | 539880 |
| 343 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.00% Floor) |  | 9.56% | 09/18/2026 | 344 |
|  | Fertitta Entertainment LLC/NV |  |  |  |  |
| 728525 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor) |  | 7.83% | 01/29/2029 | 728554 |
|  | Flutter Financing BV |  |  |  |  |
| 210000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.50% Floor) |  | 6.30% | 06/04/2032 | 210262 |
|  | GBT US III LLC |  |  |  |  |
| 402975 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) |  | 6.78% | 07/28/2031 | 404150 |
|  | LC Ahab US Bidco LLC |  |  |  |  |
| 622230 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) |  | 7.32% | 05/01/2031 | 622622 |
|  | Motion Finco Sarl |  |  |  |  |
| 438321 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) |  | 7.80% | 11/30/2029 | 418325 |
|  | Ontario Gaming GTA LP |  |  |  |  |
| 469229 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) |  | 8.55% | 08/01/2030 | 465344 |
|  | Six Flags Entertainment Corp. |  |  |  |  |
| 110000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) |  | 6.33% | 05/01/2031 | 110234 |
|  | Voyager Parent LLC |  |  |  |  |
| 1450000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 4.75%) |  | 9.07% | 05/10/2032 | 1437109 |
|  | Whatabrands LLC |  |  |  |  |
| 936919 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor) |  | 6.83% | 08/03/2028 | 938380 |
|  |  |  |  |  | 7628482 |
| **INDUSTRIAL EQUIPMENT - 5.9%** | **INDUSTRIAL EQUIPMENT - 5.9%** | **INDUSTRIAL EQUIPMENT - 5.9%** |  |  |  |
|  | AI Aqua Merger Sub, Inc. |  |  |  |  |
| 1124317 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) |  | 7.32% | 07/31/2028 | 1123991 |
|  | BCPE Empire Holdings, Inc. |  |  |  |  |
| 1123294 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) |  | 7.58% | 12/26/2030 | 1118240 |
|  | Crosby US Acquisition Corp. |  |  |  |  |
| 293931 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor) |  | 7.83% | 08/16/2029 | 295392 |
|  | Cube A&D Buyer, Inc. |  |  |  |  |
| 670000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) |  | 7.52% | 10/20/2031 | 674395 |
|  | Eagle Parent Corp. |  |  |  |  |
| 755389 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) |  | 8.55% | 04/02/2029 | 750355 |
| 72591 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) |  | 8.55% | 04/02/2029 | 72107 |
| 72591 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) |  | 8.55% | 04/02/2029 | 72107 |
|  | Emrld Borrower LP |  |  |  |  |
| 457996 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) |  | 6.83% | 08/04/2031 | 457834 |
|  | Herc Holdings, Inc. |  |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 180000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.32% | 06/02/2032 | 180900 |
|  | Husky Injection Molding Systems Ltd. |  |  |  |
| 418275 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.67% | 02/15/2029 | 419917 |
| 418275 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.80% | 02/15/2029 | 419917 |
|  | Madison IAQ LLC |  |  |  |
| 345000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.51% | 05/06/2032 | 346364 |
|  | QXO Building Products, Inc. |  |  |  |
| 136000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.28% | 04/30/2032 | 137098 |
|  | Spin Holdco, Inc. |  |  |  |
| 163682 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.26%, 0.75% Floor) | 8.58% | 03/06/2028 | 144245 |
|  | Veritiv Operating Co. |  |  |  |
| 268822 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.30% | 11/30/2030 | 270099 |
|  | White Cap Supply Holdings LLC |  |  |  |
| 681974 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 10/31/2029 | 679290 |
|  |  |  |  | 7162251 |
| **INSURANCE - 3.5%** | **INSURANCE - 3.5%** | **INSURANCE - 3.5%** |  |  |
|  | Acrisure LLC |  |  |  |
| 135000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 06/21/2032 | 135000 |
|  | Alera Group 2nd Lien T/L |  |  |  |
| 195000 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.50%, 0.50% Floor) | 9.83% | 05/30/2033 | 199022 |
|  | Alera Group, Inc. |  |  |  |
| 520000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.58% | 05/28/2032 | 522145 |
|  | Alliant Holdings Intermediate LLC |  |  |  |
| 797896 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.07% | 09/19/2031 | 798981 |
|  | Ardonagh Group Finco Pty Ltd. |  |  |  |
| 36567 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.04% | 02/18/2031 | 36384 |
| 29274 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.04% | 02/18/2031 | 29127 |
| 194704 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 193730 |
| 81579 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 81171 |
| 30505 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 30353 |
| 196709 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 195725 |
|  | BroadStreet Partners, Inc. |  |  |  |
| 56216 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 06/16/2031 | 56347 |
| 575200 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 06/16/2031 | 576538 |
|  | OneDigital Borrower LLC |  |  |  |
| 669646 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 07/02/2031 | 669439 |
| 138308 | &nbsp;&nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.50% Floor) | 9.58% | 07/02/2032 | 138827 |
|  | Trucordia Insurance Holdings LLC |  |  |  |
| 560000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%) | 7.56% | 06/17/2032 | 561750 |
|  |  |  |  | 4224539 |
| **MEDIA - 4.7%** | **MEDIA - 4.7%** |  |  |  |
|  | ABG Intermediate Holdings 2 LLC |  |  |  |
| 69475 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 12/21/2028 | 69524 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Acuris Finance US, Inc. |  |  |  |
| 540921 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor) | 8.05% | 02/16/2028 | 542106 |
|  | Arches Buyer, Inc. |  |  |  |
| 303749 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor) | 7.68% | 12/06/2027 | 300388 |
|  | CMG Media Corp. |  |  |  |
| 89931 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.60%, 0.00% Floor) | 7.90% | 06/18/2029 | 87389 |
|  | Creative Artists Agency LLC |  |  |  |
| 683171 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 10/01/2031 | 685979 |
|  | Crown Finance US, Inc. |  |  |  |
| 696961 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor) | 9.57% | 12/02/2031 | 697658 |
|  | CSC Holdings LLC |  |  |  |
| 528269 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (Prime Rate + 1.50%, 0.00% Floor) | 9.00% | 04/15/2027 | 515348 |
| 305000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.81% | 01/18/2028 | 301360 |
|  | Directv Financing LLC |  |  |  |
| 127614 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.75% Floor) | 9.54% | 08/02/2027 | 128262 |
| 229100 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.51%, 0.75% Floor) | 9.79% | 08/02/2029 | 227746 |
|  | Gray Media, Inc. |  |  |  |
| 390516 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor) | 7.44% | 12/01/2028 | 379111 |
|  | iHeartCommunications, Inc. |  |  |  |
| 174125 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.89%, 0.00% Floor) | 10.22% | 05/01/2029 | 142420 |
|  | NEP Group, Inc. |  |  |  |
| 35593 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor) | 7.84% | 08/19/2026 | 32890 |
| 624706 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor) | 7.84% | 08/19/2026 | 577269 |
|  | Pretzel Parent T/L B |  |  |  |
| 119700 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.00% Floor) | 8.83% | 10/01/2031 | 119012 |
|  | Townsquare Media, Inc. |  |  |  |
| 159000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor) | 9.32% | 02/19/2030 | 143895 |
|  | United Talent Agency LLC |  |  |  |
| 247500 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.81% | 06/10/2032 | 248428 |
|  | Univision Communications, Inc. |  |  |  |
| 505588 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 06/25/2029 | 504746 |
|  |  |  |  | 5703531 |
| **MINING - 0.1%** |  |  |  |  |
|  | Arsenal AIC Parent LLC |  |  |  |
| 153777 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 08/19/2030 | 153854 |
| **PHARMACEUTICALS - 1.1%** | **PHARMACEUTICALS - 1.1%** |  |  |  |
|  | 1261229 BC Ltd. |  |  |  |
| 320000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.25%, 0.00% Floor) | 10.56% | 10/08/2030 | 309325 |
|  | Opal US LLC |  |  |  |
| 1040000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.44% | 04/23/2032 | 1045527 |
|  |  |  |  | 1354852 |
| **REAL ESTATE - 0.4%** | **REAL ESTATE - 0.4%** |  |  |  |
|  | Starwood Property Mortgage LLC |  |  |  |
| 502193 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 11/18/2027 | 503292 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
| **RETAILERS (OTHER THAN FOOD/DRUG) - 4.4%** | **RETAILERS (OTHER THAN FOOD/DRUG) - 4.4%** | **RETAILERS (OTHER THAN FOOD/DRUG) - 4.4%** |  |  |  |
|  | Apro LLC |  |  |  |  |
| 670212 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor) |  | 8.06% | 07/09/2031 | 669374 |
|  | Beach Acquisition Bidco LLC |  |  |  |  |
| 270000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) |  | 7.56% | 06/28/2032 | 271688 |
|  | Burlington Coat Factory Warehouse Corp. |  |  |  |  |
| 134661 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) |  | 6.08% | 09/19/2031 | 134324 |
|  | EG America LLC |  |  |  |  |
| 433363 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.00% Floor) |  | 8.58% | 02/07/2028 | 435877 |
|  | Great Outdoors Group LLC |  |  |  |  |
| 340246 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.75% Floor) |  | 7.58% | 01/23/2032 | 340300 |
|  | HomeServe USA Holding Corp. |  |  |  |  |
| 330813 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) |  | 6.32% | 10/21/2030 | 331537 |
|  | Mavis Tire Express Services Topco Corp. |  |  |  |  |
| 139650 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.75% Floor) |  | 7.33% | 05/04/2028 | 139757 |
|  | Michaels Cos., Inc. |  |  |  |  |
| 294507 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.51%, 0.75% Floor) |  | 8.81% | 04/17/2028 | 247570 |
|  | PetSmart LLC |  |  |  |  |
| 714810 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor) |  | 8.18% | 02/14/2028 | 709002 |
|  | Staples, Inc. |  |  |  |  |
| 258050 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.50% Floor) |  | 10.03% | 09/10/2029 | 238788 |
|  | StubHub Holdco Sub LLC |  |  |  |  |
| 638753 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor) |  | 9.08% | 03/15/2030 | 621718 |
|  | United Natural Foods, Inc. |  |  |  |  |
| 257950 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor) |  | 9.08% | 05/01/2031 | 260529 |
|  | Upbound Group, Inc. |  |  |  |  |
| 538547 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) |  | 7.03% | 02/17/2028 | 541240 |
|  | Victra Holdings LLC |  |  |  |  |
| 403468 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.75% Floor) |  | 8.55% | 03/29/2029 | 404099 |
|  |  |  |  |  | 5345803 |
| **TECHNOLOGY - 1.1%** | **TECHNOLOGY - 1.1%** |  |  |  |  |
| 809297 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 2.00% Floor) |  | 9.58% | 12/17/2029 | 820340 |
|  | Tiger Acquisition LLC |  |  |  |  |
| 513438 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) |  | 7.08% | 06/01/2028 | 515222 |
|  |  |  |  |  | 1335562 |
| **TELECOMMUNICATIONS - 2.3%** | **TELECOMMUNICATIONS - 2.3%** |  |  |  |  |
|  | Altice France SA |  |  |  |  |
| 711981 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.50%, 0.00% Floor) |  | 9.76% | 08/31/2028 | 646913 |
|  | Gogo Intermediate Holdings LLC |  |  |  |  |
| 382134 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.75% Floor) |  | 8.19% | 04/28/2028 | 376045 |
|  | Lumen Technologies, Inc. |  |  |  |  |
| 301548 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.46%, 2.00% Floor) |  | 6.79% | 04/16/2029 | 298346 |
|  | Virgin Media Bristol LLC |  |  |  |  |
| 659848 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.28%, 0.00% Floor) |  | 7.37% | 03/31/2031 | 652312 |
|  | Zayo Group Holdings, Inc. |  |  |  |  |
| 398773 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor) |  | 7.44% | 03/09/2027 | 380348 |
| 265000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%) |  | 8.58% | 03/09/2027 | 255200 |
|  | Ziggo Financing Partnership |  |  |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
| 205000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.00% Floor) |  | 6.93% | 04/28/2028 | 200737 |
|  |  |  |  |  | 2809901 |
| **TRANSPORTATION - 1.6%** | **TRANSPORTATION - 1.6%** | **TRANSPORTATION - 1.6%** |  |  |  |
|  | Brown Group Holding LLC |  |  |  |  |
| 75000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%) |  | 6.82% | 07/01/2031 | 75175 |
| 620239 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor) |  | 6.83% | 07/01/2031 | 621576 |
| 223696 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor) |  | 6.83% | 07/01/2031 | 224178 |
|  | Kenan Advantage Group, Inc. |  |  |  |  |
| 657026 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) |  | 7.58% | 01/25/2029 | 648813 |
|  | Lasership, Inc. |  |  |  |  |
| 4175 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. SOFR US + 7.50% Cash or 1 mo. SOFR US + 1.50% + 7.00% PIK, 0.75% Floor) |  | 11.93% | 08/10/2029 | 1287 |
| 92857 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. SOFR US + 7.76% Cash or 1 mo. SOFR US + 1.76% + 7.00% PIK, 0.75% Floor) |  | 11.93% | 08/10/2029 | 28631 |
|  | WestJet Loyalty LP |  |  |  |  |
| 304631 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) |  | 7.55% | 02/14/2031 | 305049 |
|  |  |  |  |  | 1904709 |
| **UTILITIES - 1.5%** | **UTILITIES - 1.5%** |  |  |  |  |
|  | Alpha Generation LLC |  |  |  |  |
| 770000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%) |  | 6.33% | 09/30/2031 | 769869 |
|  | WaterBridge Midstream Operating LLC |  |  |  |  |
| 684687 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.01%, 0.00% Floor) |  | 9.57% | 06/27/2029 | 682852 |
|  | WaterBridge NDB Operating LLC |  |  |  |  |
| 322563 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor) |  | 9.31% | 05/10/2029 | 322966 |
|  | **Total Bank Loans (Cost $107,709,747)** |  |  |  | **106212904** |
| **COLLATERALIZED LOAN OBLIGATIONS - 2.5%** | **COLLATERALIZED LOAN OBLIGATIONS - 2.5%** |  |  |  |  |
|  | Bridge Street CLO Ltd. |  |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2024-1A-A (3 mo. Term SOFR + 1.60%, 1.60% Floor) |  | 5.87 %<sup>(d)</sup> | 04/20/2037 | 2008478 |
|  | Crown City CLO |  |  |  |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2023-5A-A1R (3 mo. Term SOFR + 1.60%, 1.60% Floor) |  | 5.87 %<sup>(d)</sup> | 04/20/2037 | 1004133 |
|  | **Total Collateralized Loan Obligations (Cost $3,000,000)** |  |  |  | **3012611** |
| **FOREIGN CORPORATE BONDS - 0.4%** | **FOREIGN CORPORATE BONDS - 0.4%** | **FOREIGN CORPORATE BONDS - 0.4%** |  |  |  |
| 85000 | Garda World Security Corp. |  | 8.25 %<sup>(d)</sup> | 08/01/2032 | 87300 |
| 200000 | Global Aircraft Leasing Co. Ltd. |  | 8.75 %<sup>(d)</sup> | 09/01/2027 | 205272 |
| 150000 | Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC |  | 9.00 %<sup>(d)</sup> | 02/15/2029 | 157020 |
|  | **Total Foreign Corporate Bonds (Cost $444,474)** |  |  |  | **449592** |
| **US CORPORATE BONDS - 4.3%** | **US CORPORATE BONDS - 4.3%** | **US CORPORATE BONDS - 4.3%** |  |  |  |
| 245000 | Allied Universal Holdco LLC |  | 7.88 %<sup>(d)</sup> | 02/15/2031 | 256168 |
| 330000 | AthenaHealth Group, Inc. |  | 6.50 %<sup>(d)</sup> | 02/15/2030 | 325121 |
| 55000 | Azorra Finance Ltd. |  | 7.25 %<sup>(d)</sup> | 01/15/2031 | 56288 |
| 120000 | Builders FirstSource, Inc. |  | 6.38 %<sup>(d)</sup> | 03/01/2034 | 122439 |
| 65000 | Caesars Entertainment, Inc. |  | 6.00 %<sup>(d)</sup> | 10/15/2032 | 63787 |
| 50000 | CCO Holdings LLC / CCO Holdings Capital Corp. |  | 4.75 %<sup>(d)</sup> | 03/01/2030 | 48477 |
| 45000 | Chord Energy Corp. |  | 6.75 %<sup>(d)</sup> | 03/15/2033 | 46001 |
| 120000 | Clydesdale Acquisition Holdings, Inc. |  | 6.75 %<sup>(d)</sup> | 04/15/2032 | 123228 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT**<br> **$/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
| 50000 | CommScope LLC |  | 9.50 %<sup>(d)</sup> | 12/15/2031 | 52397 |
| 65000 | Dornoch Debt Merger Sub, Inc. |  | 6.63 %<sup>(d)</sup> | 10/15/2029 | 50416 |
| 50000 | EchoStar Corp. |  | 10.75% | 11/30/2029 | 51543 |
| 50000 | Frontier Communications Holdings LLC |  | 6.75 %<sup>(d)</sup> | 05/01/2029 | 50689 |
| 155000 | Genesee & Wyoming, Inc. |  | 6.25 %<sup>(d)</sup> | 04/15/2032 | 158351 |
| 60000 | Level 3 Financing, Inc. |  | 6.88 %<sup>(d)</sup> | 06/30/2033 | 61095 |
| 100000 | LifePoint Health, Inc. |  | 10.00 %<sup>(d)</sup> | 06/01/2032 | 103291 |
| 265000 | Madison IAQ LLC |  | 5.88 %<sup>(d)</sup> | 06/30/2029 | 260866 |
| 125000 | Medline Borrower LP |  | 5.25 %<sup>(d)</sup> | 10/01/2029 | 124117 |
| 15000 | Michaels Cos., Inc. |  | 5.25 %<sup>(d)</sup> | 05/01/2028 | 12068 |
| 180000 | NCL Corp. Ltd. |  | 6.75 %<sup>(d)</sup> | 02/01/2032 | 184006 |
| 120000 | Novelis Corp. |  | 6.88 %<sup>(d)</sup> | 01/30/2030 | 124147 |
| 120000 | OneMain Finance Corp. |  | 7.50% | 05/15/2031 | 125468 |
| 150000 | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer |  | 7.00 %<sup>(d)</sup> | 02/01/2030 | 154360 |
| 120000 | Quikrete Holdings, Inc. |  | 6.75 %<sup>(d)</sup> | 03/01/2033 | 123894 |
| 50000 | Radiology Partners, Inc. |  | 8.50 %<sup>(d)</sup> | 07/15/2032 | 50179 |
| 155000 | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp. |  | 6.63 %<sup>(d)</sup> | 02/01/2033 | 155324 |
| 60000 | Rockies Express Pipeline LLC |  | 6.75 %<sup>(d)</sup> | 03/15/2033 | 62695 |
| 120000 | Sabre GLBL, Inc. |  | 10.75 %<sup>(d)</sup> | 11/15/2029 | 123756 |
| 100000 | Scientific Games Holdings LP/Scientific Games US FinCo, Inc. |  | 6.63 %<sup>(d)</sup> | 03/01/2030 | 96448 |
| 138000 | Six Flags Entertainment Corp. |  | 7.00 %<sup>(d)</sup> | 07/01/2025 | 138000 |
| 120000 | Six Flags Entertainment Corp. |  | 7.25 %<sup>(d)</sup> | 05/15/2031 | 123397 |
| 250000 | SM Energy Co. |  | 7.00 %<sup>(d)</sup> | 08/01/2032 | 246607 |
| 50000 | Staples, Inc. |  | 10.75 %<sup>(d)</sup> | 09/01/2029 | 47571 |
| 50000 | Star Leasing Co. LLC |  | 7.63 %<sup>(d)</sup> | 02/15/2030 | 49624 |
| 65000 | Sunoco LP |  | 6.25 %<sup>(d)</sup> | 07/01/2033 | 66126 |
| 165000 | Trident TPI Holdings, Inc. |  | 12.75 %<sup>(d)</sup> | 12/31/2028 | 175235 |
| 200000 | United Natural Foods, Inc. |  | 6.75 %<sup>(d)</sup> | 10/15/2028 | 197592 |
| 50000 | Univision Communications, Inc. |  | 7.38 %<sup>(d)</sup> | 06/30/2030 | 49175 |
| 155000 | US Foods, Inc. |  | 5.75 %<sup>(d)</sup> | 04/15/2033 | 155225 |
| 25000 | Venture Global Plaquemines LNG LLC |  | 7.50 %<sup>(d)</sup> | 05/01/2033 | 26788 |
| 35000 | Venture Global Plaquemines LNG LLC |  | 6.50 %<sup>(d)</sup> | 01/15/2034 | 35000 |
| 115000 | Victra Holdings LLC / Victra Finance Corp. |  | 8.75 %<sup>(d)</sup> | 09/15/2029 | 120621 |
| 100000 | Vistra Operations Co. LLC |  | 6.88 %<sup>(d)</sup> | 04/15/2032 | 104613 |
| 115000 | VT Topco, Inc. |  | 8.50 %<sup>(d)</sup> | 08/15/2030 | 121337 |
| 60000 | WESCO Distribution, Inc. |  | 6.38 %<sup>(d)</sup> | 03/15/2033 | 62057 |
| 130000 | WR Grace Holdings LLC |  | 5.63 %<sup>(d)</sup> | 08/15/2029 | 117797 |
| 265000 | XHR LP |  | 4.88 %<sup>(d)</sup> | 06/01/2029 | 256991 |
|  | **Total US Corporate Bonds (Cost $5,198,334)** |  |  |  | **5260375** |
| **COMMON STOCKS - 0.4%** | **COMMON STOCKS - 0.4%** | **COMMON STOCKS - 0.4%** |  |  |  |
| 22003 | Flame Aggregator - Series R(b)(e) |  |  |  | 440060 |
| 2186 | Flame Aggregator - Series U(b)(e) |  |  |  | 43720 |
|  | **Total Common Stocks (Cost $49,603)** |  |  |  | **483780** |
| **SHORT TERM INVESTMENTS - 1.4%** | **SHORT TERM INVESTMENTS - 1.4%** | **SHORT TERM INVESTMENTS - 1.4%** | **SHORT TERM INVESTMENTS - 1.4%** |  |  |
| 567111 | First American Government Obligations Fund - U |  | 4.28 %<sup>(f)</sup> |  | 567111 |
| 567111 | JPMorgan US Government Money Market Fund - IM |  | 4.28 %<sup>(f)</sup> |  | 567111 |
| 567112 | MSILF Government Portfolio - Institutional |  | 4.24 %<sup>(f)</sup> |  | 567112 |
|  | **Total Short Term Investments (Cost $1,701,334)** |  |  |  | **1701334** |
|  | **Total Investments - 96.8% (Cost $118,103,492)** |  |  |  | **117120596** |
|  | **Other Assets in Excess of Liabilities - 3.2%** |  |  |  | **3823000** |
|  | **NET ASSETS - 100.0%** |  |  |  | $**120943596** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| Bank Loans | 87.8% |
| US Corporate Bonds | 4.3% |
| Collateralized Loan Obligations | 2.5% |
| Short Term Investments | 1.4% |
| Common Stocks | 0.4% |
| Foreign Corporate Bonds | 0.4% |
| Other Assets and Liabilities | 3.2% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN** as a % of Net Assets: | |
| Electronics/Electric | 12.3% |
| Healthcare | 9.0% |
| Hotels/Motels/Inns and Casinos | 6.6% |
| Industrial Equipment | 5.9% |
| Business Equipment and Services | 5.7% |
| Media | 4.9% |
| Energy | 4.7% |
| Commercial Services | 4.6% |
| Retailers (other than Food/Drug) | 4.5% |
| Finance | 3.8% |
| Chemicals/Plastics | 3.5% |
| Insurance | 3.5% |
| Construction | 3.3% |
| Containers and Glass Products | 2.5% |
| Collateralized Loan Obligations | 2.5% |
| Telecommunications | 2.4% |
| Aerospace & Defense | 1.8% |
| Transportation | 1.7% |
| Utilities | 1.6% |
| Food Products | 1.5% |
| Technology | 1.5% |
| Automotive | 1.5% |
| Building and Development (including Steel/Metals) | 1.5% |
| Short Term Investments | 1.4% |
| Pharmaceuticals | 1.1% |
| Consumer Products | 0.9% |
| Real Estate | 0.8% |
| Mining | 0.6% |
| Diversified Manufacturing | 0.5% |
| Leisure | 0.4% |
| Financials | 0.3% |
| Other Assets and Liabilities | 3.2% |
| Net Assets | 100.0% |

---

**(a)** **Security is in default or has failed to make a scheduled payment. Income is not being accrued.** 

**(b)** **Value determined using significant unobservable inputs.** 

**(c)** **Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.** 

**(d)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $8,545,567 or 7.1% of the Fund's net assets.** 

**(e)** **Non-income producing security.** 

**(f)** **Seven-day yield as of period end.** 

---

| | |
|:---|:---|
| **PIK** | **A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.** |
| **SOFR** | **Secured Overnight Financing Rate** |

---

---

| | |
|:---|:---|
| **DoubleLine Shiller Enhanced CAPE<sup>®</sup>** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **ASSET BACKED OBLIGATIONS - 7.5%** | **ASSET BACKED OBLIGATIONS - 7.5%** | **ASSET BACKED OBLIGATIONS - 7.5%** | **ASSET BACKED OBLIGATIONS - 7.5%** | **ASSET BACKED OBLIGATIONS - 7.5%** |
|  | ACHV Trust |  |  |  |
| 2344309 | &nbsp;&nbsp;&nbsp;Series 2024-2PL-B | 5.43 %<sup>(a)</sup> | 10/27/2031 | 2359505 |
| 2976330 | &nbsp;&nbsp;&nbsp;Series 2024-3AL-A | 5.01 %<sup>(a)</sup> | 12/26/2031 | 2988285 |
|  | Affirm, Inc. |  |  |  |
| 3750000 | &nbsp;&nbsp;&nbsp;Series 2024-A-A | 5.61 %<sup>(a)</sup> | 02/15/2029 | 3767849 |
| 5100000 | &nbsp;&nbsp;&nbsp;Series 2024-B-B | 4.88 %<sup>(a)</sup> | 09/15/2029 | 5101921 |
| 383907 | &nbsp;&nbsp;&nbsp;Series 2024-X1-A | 6.27 %<sup>(a)</sup> | 05/15/2029 | 384233 |
| 4500000 | &nbsp;&nbsp;&nbsp;Series 2025-1A-B | 5.13 %<sup>(a)</sup> | 02/15/2033 | 4531732 |
| 4500000 | &nbsp;&nbsp;&nbsp;Series 2025-1A-C | 5.28 %<sup>(a)</sup> | 02/15/2033 | 4525718 |
| 6094196 | &nbsp;&nbsp;&nbsp;Series 2025-X1-A | 5.08 %<sup>(a)</sup> | 04/15/2030 | 6100679 |
|  | Aligned Data Centers Issuer LLC |  |  |  |
| 6000000 | &nbsp;&nbsp;&nbsp;Series 2021-1A-A2 | 1.94 %<sup>(a)</sup> | 08/15/2046 | 5800961 |
|  | AVANT Loans Funding Trust |  |  |  |
| 7250000 | &nbsp;&nbsp;&nbsp;Series 2024-REV1-A | 5.92 %<sup>(a)</sup> | 10/15/2033 | 7338051 |
| 9500000 | &nbsp;&nbsp;&nbsp;Series 2025-REV1-A | 5.12 %<sup>(a)</sup> | 05/15/2034 | 9538744 |
| 4000000 | &nbsp;&nbsp;&nbsp;Series 2025-REV1-B | 5.42 %<sup>(a)</sup> | 05/15/2034 | 4030174 |
|  | CAI International, Inc. |  |  |  |
| 4309219 | &nbsp;&nbsp;&nbsp;Series 2020-1A-A | 2.22 %<sup>(a)</sup> | 09/25/2045 | 4070764 |
|  | Carvana Auto Receivables Trust |  |  |  |
| 745729 | &nbsp;&nbsp;&nbsp;Series 2024-N1-A2 | 5.76 %<sup>(a)</sup> | 04/12/2027 | 746150 |
| 993919 | &nbsp;&nbsp;&nbsp;Series 2024-P1-A2 | 5.50 %<sup>(a)</sup> | 08/10/2027 | 995030 |
| 8000000 | &nbsp;&nbsp;&nbsp;Series 2024-P3-A4 | 4.31% | 09/10/2030 | 8002034 |
|  | Castlelake Aircraft Securitization Trust |  |  |  |
| 1849368 | &nbsp;&nbsp;&nbsp;Series 2019-1A-A | 3.97 %<sup>(a)</sup> | 04/15/2039 | 1767966 |
|  | College Avenue Student Loans LLC |  |  |  |
| 510441 | &nbsp;&nbsp;&nbsp;Series 2017-A-B | 4.50 %<sup>(a)</sup> | 11/26/2046 | 495724 |
|  | Compass Datacenters LLC |  |  |  |
| 5425000 | &nbsp;&nbsp;&nbsp;Series 2024-1A-A1 | 5.25 %<sup>(a)</sup> | 02/25/2049 | 5456407 |
|  | Diamond Resorts Owner Trust |  |  |  |
| 898440 | &nbsp;&nbsp;&nbsp;Series 2021-1A-C | 2.70 %<sup>(a)</sup> | 11/21/2033 | 893654 |
|  | DigitalBridge Group, Inc. |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2023-1A-A2A | 5.00 %<sup>(a)</sup> | 09/15/2048 | 4963832 |
|  | Dividend Solar Loans LLC |  |  |  |
| 1953849 | &nbsp;&nbsp;&nbsp;Series 2018-2-B | 4.25 %<sup>(a)</sup> | 12/20/2038 | 1803723 |
|  | Exeter Automobile Receivables Trust |  |  |  |
| 103708 | &nbsp;&nbsp;&nbsp;Series 2021-1A-D | 1.08% | 11/16/2026 | 103550 |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2021-1A-E | 2.21 %<sup>(a)</sup> | 02/15/2028 | 9914092 |
| 5189000 | &nbsp;&nbsp;&nbsp;Series 2024-5A-A3 | 4.45% | 03/15/2028 | 5180192 |
|  | Global Sea Containers Two SRL |  |  |  |
| 2373378 | &nbsp;&nbsp;&nbsp;Series 2020-1A-A | 2.17 %<sup>(a)</sup> | 10/17/2040 | 2263514 |
|  | GreenSky LLC |  |  |  |
| 6200000 | &nbsp;&nbsp;&nbsp;Series 2024-2-B | 5.26 %<sup>(a)</sup> | 10/27/2059 | 6240209 |
| 2818312 | &nbsp;&nbsp;&nbsp;Series 2025-1A-A4 | 5.22 %<sup>(a)</sup> | 03/25/2060 | 2846588 |
|  | HERO Funding Trust |  |  |  |
| 619026 | &nbsp;&nbsp;&nbsp;Series 2016-1A-A | 4.05 %<sup>(a)</sup> | 09/20/2041 | 586335 |
|  | Horizon Aircraft Finance Ltd. |  |  |  |
| 10988628 | &nbsp;&nbsp;&nbsp;Series 2019-2-A | 3.43 %<sup>(a)</sup> | 11/15/2039 | 10500525 |
|  | Jack in the Box, Inc. |  |  |  |
| 4323113 | &nbsp;&nbsp;&nbsp;Series 2019-1A-A2II | 4.48 %<sup>(a)</sup> | 08/25/2049 | 4262817 |
|  | Jimmy Johns LLC |  |  |  |
| 11096625 | &nbsp;&nbsp;&nbsp;Series 2017-1A-A2II | 4.85 %<sup>(a)</sup> | 07/30/2047 | 11004641 |
|  | Laurel Road Prime Student Loan Trust |  |  |  |
| 400622 | &nbsp;&nbsp;&nbsp;Series 2017-B-CFX | 3.61 %<sup>(a)</sup> | 08/25/2042 | 398100 |
|  | Lendbuzz Securitization Trust |  |  |  |
| 1373015 | &nbsp;&nbsp;&nbsp;Series 2022-1A-A | 4.22 %<sup>(a)</sup> | 05/17/2027 | 1369650 |
| 2551877 | &nbsp;&nbsp;&nbsp;Series 2024-3A-A2 | 4.97 %<sup>(a)</sup> | 10/15/2029 | 2555301 |
|  | Loanpal Solar Loan Ltd. |  |  |  |
| 5814094 | &nbsp;&nbsp;&nbsp;Series 2020-3GS-A | 2.47 %<sup>(a)</sup> | 12/20/2047 | 4903758 |
| 3605947 | &nbsp;&nbsp;&nbsp;Series 2021-1GS-A | 2.29 %<sup>(a)</sup> | 01/20/2048 | 3014344 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Mariner Finance Issuance Trust |  |  |  |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2025-AA-B | 5.33 %<sup>(a)</sup> | 05/20/2038 | 1529405 |
|  | Mosaic Solar Loans LLC |  |  |  |
| 463831 | &nbsp;&nbsp;&nbsp;Series 2017-1A-A | 4.45 %<sup>(a)</sup> | 06/20/2042 | 446568 |
| 4003011 | &nbsp;&nbsp;&nbsp;Series 2020-2A-B | 2.21 %<sup>(a)</sup> | 08/20/2046 | 3285606 |
|  | Navient Student Loan Trust |  |  |  |
| 2223914 | &nbsp;&nbsp;&nbsp;Series 2018-A-B | 3.68 %<sup>(a)</sup> | 02/18/2042 | 2180092 |
| 5519760 | &nbsp;&nbsp;&nbsp;Series 2022-A-A | 2.23 %<sup>(a)</sup> | 07/15/2070 | 5059706 |
|  | Pagaya AI Debt Selection Trust |  |  |  |
| 401887 | &nbsp;&nbsp;&nbsp;Series 2021-2-NOTE | 3.00 %<sup>(a)</sup> | 01/25/2029 | 398786 |
| 3388460 | &nbsp;&nbsp;&nbsp;Series 2021-5-C | 3.93 %<sup>(a)</sup> | 08/15/2029 | 3299150 |
| 5125074 | &nbsp;&nbsp;&nbsp;Series 2024-10-B | 5.75 %<sup>(a)</sup> | 06/15/2032 | 5150529 |
| 4999573 | &nbsp;&nbsp;&nbsp;Series 2025-1-B | 5.63 %<sup>(a)</sup> | 07/15/2032 | 5028582 |
|  | Prosper Marketplace Issuance Trust |  |  |  |
| 789445 | &nbsp;&nbsp;&nbsp;Series 2023-1A-B | 7.48 %<sup>(a)</sup> | 07/16/2029 | 790748 |
|  | Reach Financial LLC |  |  |  |
| 3586372 | &nbsp;&nbsp;&nbsp;Series 2025-1A-A | 4.96 %<sup>(a)</sup> | 08/16/2032 | 3587249 |
|  | Research-Driven Pagaya Motor Asset Trust |  |  |  |
| 13747629 | &nbsp;&nbsp;&nbsp;Series 2025-1A-A | 5.04 %<sup>(a)</sup> | 06/27/2033 | 13728098 |
|  | Sapphire Aviation Finance Ltd. |  |  |  |
| 11449789 | &nbsp;&nbsp;&nbsp;Series 2020-1A-A | 3.23 %<sup>(a)</sup> | 03/15/2040 | 11047684 |
|  | Sierra Timeshare Conduit Receivables Funding LLC |  |  |  |
| 645276 | &nbsp;&nbsp;&nbsp;Series 2021-2A-C | 1.95 %<sup>(a)</sup> | 09/20/2038 | 630234 |
|  | Slam Ltd. |  |  |  |
| 6119956 | &nbsp;&nbsp;&nbsp;Series 2024-1A-A | 5.34 %<sup>(a)</sup> | 09/15/2049 | 6174393 |
|  | SOFI Alternative Trust |  |  |  |
| 1449559 | &nbsp;&nbsp;&nbsp;Series 2021-1-PT1 | 9.72 %<sup>(a)(b)</sup> | 05/25/2030 | 1435654 |
| 1272555 | &nbsp;&nbsp;&nbsp;Series 2021-2-A | 1.25 %<sup>(a)</sup> | 08/15/2030 | 1258284 |
| 3072300 | &nbsp;&nbsp;&nbsp;Series 2021-3-A | 1.50 %<sup>(a)</sup> | 11/15/2030 | 3024720 |
|  | SoFi Consumer Loan Program Trust |  |  |  |
| 9700000 | &nbsp;&nbsp;&nbsp;Series 2025-1-B | 5.12 %<sup>(a)</sup> | 02/27/2034 | 9803967 |
|  | Start/Bermuda |  |  |  |
| 1540358 | &nbsp;&nbsp;&nbsp;Series 2018-1-A | 4.09 %<sup>(a)</sup> | 05/15/2043 | 1540455 |
|  | Taco Bell Corp. |  |  |  |
| 5895000 | &nbsp;&nbsp;&nbsp;Series 2021-1A-A2I | 1.95 %<sup>(a)</sup> | 08/25/2051 | 5623782 |
|  | TAL Advantage LLC |  |  |  |
| 2305750 | &nbsp;&nbsp;&nbsp;Series 2020-1A-A | 2.05 %<sup>(a)</sup> | 09/20/2045 | 2172921 |
|  | Tesla Sustainable Energy Trust |  |  |  |
| 11600270 | &nbsp;&nbsp;&nbsp;Series 2024-1A-A2 | 5.08 %<sup>(a)</sup> | 06/21/2050 | 11651061 |
|  | Thunderbolt Aircraft Lease |  |  |  |
| 4520675 | &nbsp;&nbsp;&nbsp;Series 2018-A-A | 4.15 %<sup>(a)(c)</sup> | 09/15/2038 | 4510323 |
|  | TIF Funding LLC |  |  |  |
| 2481646 | &nbsp;&nbsp;&nbsp;Series 2021-1A-A | 1.65 %<sup>(a)</sup> | 02/20/2046 | 2233377 |
|  | Upgrade Master Pass-Thru Trust |  |  |  |
| 332642 | &nbsp;&nbsp;&nbsp;Series 2021-PT3-A | 16.14 %<sup>(a)(b)</sup> | 07/15/2027 | 310978 |
| 3843800 | &nbsp;&nbsp;&nbsp;Series 2025-ST2-A | 6.11 %<sup>(a)</sup> | 06/15/2032 | 3878681 |
| 2500000 | &nbsp;&nbsp;&nbsp;Series 2025-ST4-A | 5.50 %<sup>(a)</sup> | 08/16/2032 | 2506855 |
|  | Upstart Pass-Through Trust Series |  |  |  |
| 81511 | &nbsp;&nbsp;&nbsp;Series 2021-ST3-A | 2.00 %<sup>(a)</sup> | 05/20/2027 | 81234 |
|  | Westlake Automobile Receivables Trust |  |  |  |
| 1181770 | &nbsp;&nbsp;&nbsp;Series 2023-4A-A2 | 6.23 %<sup>(a)</sup> | 01/15/2027 | 1183432 |
|  | Willis Lease Finance Corp. |  |  |  |
| 5462553 | &nbsp;&nbsp;&nbsp;Series 2020-A-A | 3.23 %<sup>(a)</sup> | 03/15/2045 | 5223294 |
|  | **Total Asset Backed Obligations (Cost $273,410,279)** |  |  | **269582600** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **BANK LOANS - 2.0%** | **BANK LOANS - 2.0%** | **BANK LOANS - 2.0%** |  |  |
|  | 1011778 BC ULC |  |  |  |
| 3713457 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 09/23/2030 | 3702242 |
|  | APi Group DE, Inc. |  |  |  |
| 2947114 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 01/03/2029 | 2951107 |
|  | Aramark Services, Inc. |  |  |  |
| 1144098 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 06/24/2030 | 1148863 |
|  | Axalta Coating Systems US Holdings, Inc. |  |  |  |
| 794737 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.05% | 12/20/2029 | 798381 |
|  | Burlington Coat Factory Warehouse Corp. |  |  |  |
| 2520837 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 09/19/2031 | 2514535 |
|  | Calpine Corp. |  |  |  |
| 2480886 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.07% | 01/31/2031 | 2483416 |
|  | Colossus Acquireco LLC |  |  |  |
| 2155000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 1.75%) | 6.06% | 06/14/2032 | 2143417 |
|  | Corpay Technologies Operating Co. LLC |  |  |  |
| 2742940 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 04/28/2028 | 2746368 |
|  | CPI Holdco B LLC |  |  |  |
| 292788 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 05/19/2031 | 292275 |
|  | Cyborg Oldco DC Holdings, Inc. |  |  |  |
| 320815 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.00%) | 8.33 %<sup>(d)(e)</sup> | 05/01/2026 |  |
|  | Delta 2 Lux Sarl |  |  |  |
| 800000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.50% Floor) | 6.30% | 09/19/2031 | 802300 |
| 400000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (3 mo. Term SOFR + 2.00%) | 6.32% | 09/19/2031 | 401150 |
|  | Dynasty Acquisition Co., Inc. |  |  |  |
| 263211 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%) | 6.33% | 10/31/2031 | 263628 |
| 691989 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 10/31/2031 | 693086 |
|  | Energizer Holdings, Inc. |  |  |  |
| 2084254 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.32% | 03/19/2032 | 2092508 |
|  | Flutter Financing BV |  |  |  |
| 2132517 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.50% Floor) | 6.05% | 11/29/2030 | 2129851 |
|  | Froneri US, Inc. |  |  |  |
| 1663975 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.24% | 09/30/2031 | 1649423 |
| 850403 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.24% | 09/30/2031 | 842966 |
| 442522 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.24% | 09/30/2031 | 438652 |
|  | Gen Digital, Inc. |  |  |  |
| 1230000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 04/16/2032 | 1229385 |
|  | Go Daddy Operating Co. LLC |  |  |  |
| 3697706 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 11/13/2029 | 3704732 |
|  | HB Fuller Co. |  |  |  |
| 2135293 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 02/15/2030 | 2147315 |
|  | Herc Holdings, Inc. |  |  |  |
| 295000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.32% | 06/02/2032 | 296475 |
|  | IQVIA, Inc. |  |  |  |
| 2333275 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.05% | 01/02/2031 | 2346038 |
|  | Iron Mountain, Inc. |  |  |  |
| 2148968 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 01/31/2031 | 2149860 |
|  | Lamar Media Corp. |  |  |  |
| 3394350 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.60%, 0.00% Floor) | 5.93% | 02/08/2027 | 3396472 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | NRG Energy, Inc. |  |  |  |
| 3696669 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 04/16/2031 | 3708221 |
|  | Prime Security Services Borrower LLC |  |  |  |
| 4280000 | &nbsp;&nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 1.75%) | 6.07% | 03/08/2032 | 4251024 |
|  | Reynolds Consumer Products LLC |  |  |  |
| 2083987 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 03/04/2032 | 2096137 |
|  | Six Flags Entertainment Corp. |  |  |  |
| 1574100 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 05/01/2031 | 1577445 |
|  | Somnigroup International, Inc. |  |  |  |
| 2304424 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.54% | 10/24/2031 | 2312109 |
|  | SS&C Technologies, Inc. |  |  |  |
| 2020314 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 05/09/2031 | 2032315 |
|  | Standard Industries, Inc./NY |  |  |  |
| 1509275 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.50% Floor) | 6.07% | 09/22/2028 | 1514618 |
|  | Trans Union LLC |  |  |  |
| 2980025 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.50% Floor) | 6.08% | 06/24/2031 | 2986402 |
| 719032 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 06/24/2031 | 720751 |
|  | Vestis Corp. |  |  |  |
| 939313 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 02/24/2031 | 904088 |
|  | Vistra Operations Co. LLC |  |  |  |
| 2141965 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 12/20/2030 | 2149922 |
|  | Walker & Dunlop, Inc. |  |  |  |
| 349125 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.31% | 03/15/2032 | 350871 |
|  | WMG Acquisition Corp. |  |  |  |
| 2160000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 01/24/2031 | 2168100 |
|  | Wyndham Hotels & Resorts, Inc. |  |  |  |
| 2138270 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 05/28/2030 | 2149336 |
|  | Ziggo Financing Partnership |  |  |  |
| 100000 | &nbsp;&nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.00% Floor) | 6.93% | 04/28/2028 | 97921 |
|  | **Total Bank Loans (Cost $72,422,655)** |  |  | **72383705** |
| **COLLATERALIZED LOAN OBLIGATIONS - 12.7%** | **COLLATERALIZED LOAN OBLIGATIONS - 12.7%** | **COLLATERALIZED LOAN OBLIGATIONS - 12.7%** | **COLLATERALIZED LOAN OBLIGATIONS - 12.7%** |  |
|  | Allegro CLO Ltd. |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2022-1A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor) | 5.49 %<sup>(a)</sup> | 04/20/2038 | 5002370 |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2024-2A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor) | 5.78 %<sup>(a)</sup> | 07/24/2037 | 10045801 |
|  | Anchorage Capital CLO Ltd. |  |  |  |
| 23000000 | &nbsp;&nbsp;&nbsp;Series 2021-19A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor) | 5.73 %<sup>(a)</sup> | 10/15/2034 | 23040229 |
|  | Atlas Senior Loan Fund Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2018-11A-B (3 mo. Term SOFR + 1.91%, 0.00% Floor) | 6.19 %<sup>(a)</sup> | 07/26/2031 | 2007535 |
|  | Battalion CLO Ltd. |  |  |  |
| 29500000 | &nbsp;&nbsp;&nbsp;Series 2017-11A-AR (3 mo. Term SOFR + 1.41%, 1.15% Floor) | 5.69 %<sup>(a)</sup> | 04/24/2034 | 29574724 |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2021-20A-AR (3 mo. Term SOFR + 1.22%, 1.22% Floor) | 5.54 %<sup>(a)</sup> | 04/15/2038 | 9999440 |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2022-23A-A1R (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.68 %<sup>(a)</sup> | 10/15/2037 | 10045767 |
|  | Benefit Street Partners CLO Ltd. |  |  |  |
| 6500000 | &nbsp;&nbsp;&nbsp;Series 2024-37A-A (3 mo. Term SOFR + 1.35%, 1.35% Floor) | 5.70 %<sup>(a)</sup> | 01/25/2038 | 6526449 |
|  | Bridge Street CLO Ltd. |  |  |  |
| 6000000 | &nbsp;&nbsp;&nbsp;Series 2020-1A-A1R (3 mo. Term SOFR + 1.55%, 1.55% Floor) | 5.82 %<sup>(a)</sup> | 07/20/2037 | 6027742 |
| 10500000 | &nbsp;&nbsp;&nbsp;Series 2021-1A-A1A (3 mo. Term SOFR + 1.49%, 1.23% Floor) | 5.76 %<sup>(a)</sup> | 07/20/2034 | 10520752 |
|  | Carlyle Global Market Strategies |  |  |  |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2022-2A-A1R (3 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.63 %<sup>(a)</sup> | 01/20/2038 | 10050840 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | CarVal CLO |  |  |  |
| 4000000 | &nbsp;&nbsp;&nbsp;Series 2024-2A-A (3 mo. Term SOFR + 1.46%, 1.46% Floor) | 5.73 %<sup>(a)</sup> | 07/20/2037 | 4017436 |
|  | CBAM Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2017-1A-AR2 (3 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.66 %<sup>(a)</sup> | 01/20/2038 | 10042280 |
| 4500000 | &nbsp;&nbsp;&nbsp;Series 2017-2A-AR (3 mo. Term SOFR + 1.45%, 1.19% Floor) | 5.73 %<sup>(a)</sup> | 07/17/2034 | 4507622 |
| 3000000 | &nbsp;&nbsp;&nbsp;Series 2020-13A-A (3 mo. Term SOFR + 1.69%, 1.43% Floor) | 5.96 %<sup>(a)</sup> | 01/20/2034 | 3009239 |
|  | Cedar Funding Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2018-9A-AR (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.69 %<sup>(a)</sup> | 07/20/2037 | 10043716 |
|  | CFIP CLO Ltd. |  |  |  |
| 10350000 | &nbsp;&nbsp;&nbsp;Series 2017-1A-AR (3 mo. Term SOFR + 1.49%, 1.23% Floor) | 5.76 %<sup>(a)</sup> | 10/18/2034 | 10372274 |
|  | Halcyon Loan Advisors Funding Ltd. |  |  |  |
| 15358 | &nbsp;&nbsp;&nbsp;Series 2013-2A-D (3 mo. Term SOFR + 4.06%, 0.00% Floor) | 8.34 %<sup>(a)</sup> | 08/01/2025 | 15367 |
|  | Jamestown CLO Ltd. |  |  |  |
| 15000000 | &nbsp;&nbsp;&nbsp;Series 2016-9A-A1RR (3 mo. Term SOFR + 1.50%, 1.24% Floor) | 5.78 %<sup>(a)</sup> | 07/25/2034 | 15029255 |
|  | LCM LP |  |  |  |
| 3187346 | &nbsp;&nbsp;&nbsp;Series 17A-A2RR (3 mo. Term SOFR + 1.41%, 1.15% Floor) | 5.67 %<sup>(a)</sup> | 10/15/2031 | 3191453 |
|  | Magnetite CLO Ltd. |  |  |  |
| 20000000 | &nbsp;&nbsp;&nbsp;Series 2024-42A-A1 (3 mo. Term SOFR + 1.31%, 1.31% Floor) | 5.62 %<sup>(a)</sup> | 01/25/2038 | 20065880 |
|  | Marble Point CLO |  |  |  |
| 29500000 | &nbsp;&nbsp;&nbsp;Series 2020-1A-AR (3 mo. Term SOFR + 1.44%, 1.44% Floor) | 5.71 %<sup>(a)</sup> | 07/20/2037 | 29634788 |
| 23000000 | &nbsp;&nbsp;&nbsp;Series 2021-3A-A1 (3 mo. Term SOFR + 1.50%, 1.24% Floor) | 5.78 %<sup>(a)</sup> | 10/17/2034 | 23041145 |
|  | MP CLO Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2015-2A-ARR (3 mo. Term SOFR + 1.46%, 1.20% Floor) | 5.74 %<sup>(a)</sup> | 04/28/2034 | 10019420 |
|  | Nassau Global Credit LLC |  |  |  |
| 4816501 | &nbsp;&nbsp;&nbsp;Series 2018-IA-A (3 mo. Term SOFR + 1.41%, 0.00% Floor) | 5.67 %<sup>(a)</sup> | 07/15/2031 | 4818215 |
|  | OCP CLO Ltd. |  |  |  |
| 20000000 | &nbsp;&nbsp;&nbsp;Series 2017-14A-A1R (3 mo. Term SOFR + 1.37%, 1.37% Floor) | 5.64 %<sup>(a)</sup> | 07/20/2037 | 20073976 |
| 9000000 | &nbsp;&nbsp;&nbsp;Series 2020-18A-A1R2 (3 mo. Term SOFR + 1.37%, 1.37% Floor) | 5.64 %<sup>(a)</sup> | 07/20/2037 | 9033315 |
|  | Octagon Investment Partners Ltd. |  |  |  |
| 27500000 | &nbsp;&nbsp;&nbsp;Series 2019-4A-A1RR (3 mo. Term SOFR + 1.40%, 1.40% Floor) | 5.70 %<sup>(a)</sup> | 08/12/2037 | 27608782 |
|  | Sound Point CLO Ltd. |  |  |  |
| 25000000 | &nbsp;&nbsp;&nbsp;Series 2019-2A-AR (3 mo. Term SOFR + 1.43%, 1.17% Floor) | 5.69 %<sup>(a)</sup> | 07/15/2034 | 25051508 |
| 20000000 | &nbsp;&nbsp;&nbsp;Series 2020-1A-AR (3 mo. Term SOFR + 1.43%, 1.43% Floor) | 5.70 %<sup>(a)</sup> | 07/20/2034 | 20041012 |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2021-1A-A (3 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.61 %<sup>(a)</sup> | 04/25/2034 | 5013500 |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2024-5A-A1 (3 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.66 %<sup>(a)</sup> | 10/20/2037 | 10044686 |
|  | Trestles LLC |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2023-6A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor) | 5.45 %<sup>(a)</sup> | 04/25/2038 | 5001490 |
|  | Trimaran CAVU LLC |  |  |  |
| 20000000 | &nbsp;&nbsp;&nbsp;Series 2021-3A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor) | 5.74 %<sup>(a)</sup> | 01/18/2035 | 20030668 |
|  | Wellfleet CLO Ltd. |  |  |  |
| 15990000 | &nbsp;&nbsp;&nbsp;Series 2020-2A-AR (3 mo. Term SOFR + 1.48%, 1.22% Floor) | 5.74 %<sup>(a)</sup> | 07/15/2034 | 16019182 |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2022-1A-A1RN (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.68 %<sup>(a)</sup> | 07/15/2037 | 10044647 |
|  | Wellington Management Clo 3 Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2025-4A-A (3 mo. Term SOFR + 1.15%, 1.15% Floor) | 5.43 %<sup>(a)</sup> | 04/18/2038 | 9993327 |
|  | Wind River CLO Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;&nbsp;Series 2021-4A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor) | 5.70 %<sup>(a)</sup> | 01/20/2035 | 10020638 |
|  | **Total Collateralized Loan Obligations (Cost $457,371,068)** |  |  | **458626470** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **FOREIGN CORPORATE BONDS - 3.8%** | **FOREIGN CORPORATE BONDS - 3.8%** | **FOREIGN CORPORATE BONDS - 3.8%** | **FOREIGN CORPORATE BONDS - 3.8%** |  |
| 400000 | Adani International Container Terminal Pvt Ltd. | 3.00% | 02/16/2031 | 352509 |
| 1000000 | Adani Ports & Special Economic Zone Ltd. | 4.00% | 07/30/2027 | 968787 |
| 600000 | Adani Transmission Step-One Ltd. | 4.00% | 08/03/2026 | 593843 |
| 3309000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 6.45% | 04/15/2027 | 3418007 |
| 1374000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 5.75% | 06/06/2028 | 1421901 |
| 835000 | Aker BP ASA | 5.60 %<sup>(a)</sup> | 06/13/2028 | 858120 |
| 1137495 | AL Candelaria Spain SA | 7.50% | 12/15/2028 | 1136213 |
| 200000 | AngloGold Ashanti Holdings PLC | 3.38% | 11/01/2028 | 191011 |
| 800000 | Antofagasta PLC | 2.38% | 10/14/2030 | 708385 |
| 2255000 | Avolon Holdings Funding Ltd. | 6.38 %<sup>(a)</sup> | 05/04/2028 | 2352489 |
| 2561000 | Avolon Holdings Funding Ltd. | 5.38 %<sup>(a)</sup> | 05/30/2030 | 2609898 |
| 5192000 | BAE Systems PLC | 3.40 %<sup>(a)</sup> | 04/15/2030 | 4956273 |
| 1700000 | Banco Continental SAECA | 2.75 %<sup>(a)</sup> | 12/10/2025 | 1685069 |
| 1400000 | Banco de Bogota SA | 6.25% | 05/12/2026 | 1405292 |
| 200000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 2.45%) | 3.25% | 09/30/2031 | 194102 |
| 1500000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 2.45%) | 3.25 %<sup>(a)</sup> | 09/30/2031 | 1455768 |
| 1500000 | Banco Industrial SA/Guatemala<br> (5 yr. CMT Rate + 4.44%) | 4.88% | 01/29/2031 | 1493625 |
| 1800000 | Banco Internacional del Peru SAA Interbank<br> (5 yr. CMT Rate + 3.71%) | 4.00% | 07/08/2030 | 1794666 |
| 400000 | Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand<br> (5 yr. CMT Rate + 3.00%) | 7.53% | 10/01/2028 | 423285 |
| 1130000 | Bank of Ireland Group PLC<br> (SOFR + 1.62%) | 5.60 %<sup>(a)</sup> | 03/20/2030 | 1165091 |
| 3201000 | Bank of Montreal<br> (SOFR + 1.25%) | 4.64% | 09/10/2030 | 3228361 |
| 139000 | BAT Capital Corp. | 4.91% | 04/02/2030 | 140915 |
| 1924000 | BAT International Finance PLC | 1.67% | 03/25/2026 | 1884418 |
| 2259000 | BAT International Finance PLC | 5.93% | 02/02/2029 | 2371365 |
| 1800000 | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX<br> (5 yr. CMT Rate + 4.31%) | 5.88% | 09/13/2034 | 1770049 |
| 3463000 | BPCE SA<br> (SOFR + 1.68%) | 5.88 %<sup>(a)</sup> | 01/14/2031 | 3593281 |
| 600000 | BRF GmbH | 4.35% | 09/29/2026 | 594391 |
| 3116000 | CaixaBank SA<br> (SOFR + 2.70%) | 6.21 %<sup>(a)</sup> | 01/18/2029 | 3239443 |
| 1693000 | Canadian Imperial Bank of Commerce | 3.95% | 08/04/2025 | 1691735 |
| 2336000 | Canadian Imperial Bank of Commerce<br> (SOFR + 1.11%) | 5.25% | 01/13/2031 | 2393720 |
| 5540000 | Canadian Pacific Railway Co. | 4.80% | 03/30/2030 | 5631842 |
| 1400000 | Cemex SAB de CV<br> (5 yr. CMT Rate + 4.53%) | 5.13 %<sup>(f)</sup> | 06/08/2026 | 1377887 |
| 300000 | Cencosud SA | 4.38% | 07/17/2027 | 297831 |
| 2532837 | Chile Electricity PEC SpA | 0.00 %<sup>(a)</sup> | 01/25/2028 | 2239155 |
| 606400 | Cometa Energia SAB de CV | 6.38% | 04/24/2035 | 625399 |
| 800000 | Cosan Luxembourg SA | 5.50% | 09/20/2029 | 780071 |
| 3468000 | Credit Agricole SA<br> (SOFR + 1.13%) | 5.23 %<sup>(a)</sup> | 01/09/2029 | 3525725 |
| 1600000 | DBS Group Holdings Ltd.<br> (5 yr. CMT Rate + 1.10%) | 1.82% | 03/10/2031 | 1570343 |
| 1011000 | Diageo Investment Corp. | 5.13% | 08/15/2030 | 1041897 |
| 255680 | Digicel Group Holdings Ltd. | 0.00 %<sup>(a)(e)</sup> | 12/31/2030 | 11179 |
| 198552 | Digicel Group Holdings Ltd. | 0.00 %<sup>(a)(e)</sup> | 12/31/2030 | 1237 |
| 3175000 | Element Fleet Management Corp. | 6.32 %<sup>(a)</sup> | 12/04/2028 | 3350046 |
| 2629000 | Element Fleet Management Corp. | 5.04 %<sup>(a)</sup> | 03/25/2030 | 2653302 |
| 454878 | Empresa Electrica Angamos SA | 4.88% | 05/25/2029 | 410551 |
| 1055020 | Empresa Electrica Cochrane SpA | 5.50% | 05/14/2027 | 1043837 |
| 1244000 | Enbridge, Inc. | 6.00% | 11/15/2028 | 1306493 |
| 2759000 | Enel Finance International NV | 5.13 %<sup>(a)</sup> | 06/26/2029 | 2811326 |
| 400000 | Energuate Trust | 5.88% | 05/03/2027 | 398144 |
| 228235 | Fenix Power Peru SA | 4.32% | 09/20/2027 | 223438 |
| 950000 | Freeport Indonesia PT | 4.76 %<sup>(a)</sup> | 04/14/2027 | 952316 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1300000 | Freeport-McMoRan, Inc. | 4.13% | 03/01/2028 | 1285119 |
| 147430 | Galaxy Pipeline Assets Bidco Ltd. | 2.16% | 03/31/2034 | 130937 |
| 2924000 | Glencore Funding LLC<br> (SOFR + 1.06%) | 5.40 %<sup>(a)</sup> | 04/04/2027 | 2938810 |
| 2009000 | Glencore Funding LLC | 4.91 %<sup>(a)</sup> | 04/01/2028 | 2029967 |
| 635520 | GNL Quintero SA | 4.63% | 07/31/2029 | 630554 |
| 500000 | Gold Fields Orogen Holdings BVI Ltd. | 6.13% | 05/15/2029 | 520305 |
| 254000 | Grupo de Inversiones Suramericana SA | 5.50% | 04/29/2026 | 254991 |
| 1306093 | Guara Norte Sarl | 5.20% | 06/15/2034 | 1238756 |
| 200000 | HSBC Holdings PLC<br> (SOFR + 3.03%) | 7.34% | 11/03/2026 | 201884 |
| 200000 | HSBC Holdings PLC<br> (SOFR + 1.04%) | 5.44% | 11/19/2028 | 200068 |
| 3068000 | Imperial Brands Finance PLC | 4.50 %<sup>(a)</sup> | 06/30/2028 | 3068169 |
| 400000 | InRetail Consumer | 3.25% | 03/22/2028 | 379700 |
| 1100000 | InRetail Shopping Malls | 5.75% | 04/03/2028 | 1100154 |
| 750000 | Intercorp Financial Services, Inc. | 4.13% | 10/19/2027 | 729441 |
| 57070 | Interoceanica IV Finance Ltd.<br> Series 2007 | 0.00 %<sup>(e)</sup> | 11/30/2025 | 55429 |
| 35034 | Invepar Holdings | 0.00 %<sup>(d)(e)</sup> | 12/30/2028 |  |
| 923000 | JSW Hydro Energy Ltd. | 4.13% | 05/18/2031 | 850373 |
| 700000 | JSW Infrastructure Ltd. | 4.95% | 01/21/2029 | 686419 |
| 1100000 | KUO SAB De CV | 5.75% | 07/07/2027 | 1084565 |
| 237957 | Lima Metro Line 2 Finance Ltd. | 4.35% | 04/05/2036 | 224013 |
| 1700629 | Mexico Generadora de Energia S de RL | 5.50% | 12/06/2032 | 1691274 |
| 2160000 | Millicom International Cellular SA | 5.13% | 01/15/2028 | 2136379 |
| 900000 | Minerva Luxembourg SA | 5.88% | 01/19/2028 | 901342 |
| 508200 | Mong Duong Finance Holdings BV | 5.13% | 05/07/2029 | 496877 |
| 1244944 | MV24 Capital BV | 6.75% | 06/01/2034 | 1208516 |
| 261000 | Nationwide Building Society<br> (SOFR + 1.91%) | 6.56 %<sup>(a)</sup> | 10/18/2027 | 267655 |
| 3424000 | NatWest Group PLC<br> (1 yr. CMT Rate + 1.22%) | 4.96% | 08/15/2030 | 3464398 |
| 1000000 | NBM US Holdings, Inc. | 7.00% | 05/14/2026 | 1002655 |
| 800000 | NBM US Holdings, Inc. | 6.63% | 08/06/2029 | 806191 |
| 2614000 | Nutrien Ltd. | 4.90% | 03/27/2028 | 2652111 |
| 1000000 | Orazul Energy Peru SA | 5.63% | 04/28/2027 | 991295 |
| 1300000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 1.83% | 09/10/2030 | 1293462 |
| 1295493 | Prumo Participacoes e Investimentos S/A | 7.50% | 12/31/2031 | 1313354 |
| 500000 | Reliance Industries Ltd. | 3.67% | 11/30/2027 | 491076 |
| 3326000 | Rio Tinto Finance USA PLC | 4.88% | 03/14/2030 | 3391170 |
| 1476000 | Royal Bank of Canada<br> (SOFR + 0.53%) | 4.89% | 01/20/2026 | 1477667 |
| 5256000 | Royal Bank of Canada<br> (SOFR + 0.86%) | 5.22% | 10/18/2028 | 5264137 |
| 200000 | Scotiabank Peru SAA<br> (1 yr. CMT Rate + 2.31%) | 6.10 %<sup>(a)</sup> | 10/01/2035 | 203400 |
| 2684000 | Siemens Funding BV | 4.35 %<sup>(a)</sup> | 05/26/2028 | 2705507 |
| 1200000 | Telefonica Celular del Paraguay SA | 5.88% | 04/15/2027 | 1195506 |
| 910000 | UBS Group AG<br> (1 yr. CMT Rate + 1.60%) | 6.33 %<sup>(a)</sup> | 12/22/2027 | 934584 |
| 200000 | Ultrapar International SA | 5.25% | 06/06/2029 | 199108 |
| 1500000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.52%) | 1.75% | 03/16/2031 | 1470343 |
| 3257000 | Videotron Ltd. | 5.13 %<sup>(a)</sup> | 04/15/2027 | 3260762 |
| 500000 | Wipro IT Services LLC | 1.50% | 06/23/2026 | 485357 |
|  | **Total Foreign Corporate Bonds (Cost $135,760,809)** | **Total Foreign Corporate Bonds (Cost $135,760,809)** |  | **137257811** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.5%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.5%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.5%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.5%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.5%** |
| 1600000 | Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%) | 2.72% | 08/11/2031 | 1520071 |
| 1600000 | Bank Negara Indonesia Persero Tbk PT | 3.75% | 03/30/2026 | 1583940 |
| 1553854 | Bioceanico Sovereign Certificate Ltd. | 0.00% | 06/05/2034 | 1236868 |
| 700000 | BPRL International Singapore Pte Ltd. | 4.38% | 01/18/2027 | 697185 |
| 837000 | Chile Electricity Lux MPC Sarl | 6.01% | 01/20/2033 | 868187 |
| 200000 | Comision Federal de Electricidad | 4.69% | 05/15/2029 | 195538 |
| 1300000 | Comision Federal de Electricidad | 5.70 %<sup>(a)</sup> | 01/24/2030 | 1299025 |
| 900000 | Corp. Nacional del Cobre de Chile | 3.00% | 09/30/2029 | 836691 |
| 200000 | Corp. Nacional del Cobre de Chile | 3.75% | 01/15/2031 | 186845 |
| 1200000 | Dominican Republic International Bond | 5.50% | 02/22/2029 | 1197720 |
| 600000 | Guatemala Government Bond | 4.50% | 05/03/2026 | 595434 |
| 1200000 | Guatemala Government Bond | 5.25% | 08/10/2029 | 1194000 |
| 1312276 | Lima Metro Line 2 Finance Ltd. | 5.88% | 07/05/2034 | 1331788 |
| 200000 | Mexico Government International Bond | 5.00% | 05/07/2029 | 201400 |
| 600000 | Morocco Government International Bond | 2.38% | 12/15/2027 | 568142 |
| 1000000 | ONGC Videsh Vankorneft Pte Ltd. | 3.75% | 07/27/2026 | 991278 |
| 445000 | Paraguay Government International Bond | 5.00% | 04/15/2026 | 445000 |
| 143000 | Paraguay Government International Bond | 4.70% | 03/27/2027 | 143079 |
| 300000 | Pertamina Persero PT | 1.40% | 02/09/2026 | 294302 |
| 700000 | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 4.13% | 05/15/2027 | 693524 |
| 200000 | Peruvian Government International Bond | 2.84% | 06/20/2030 | 183778 |
| 950000 | Petrobras Global Finance BV | 6.00% | 01/27/2028 | 969767 |
|  | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $16,910,174)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $16,910,174)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $16,910,174)** | **17233562** |
| **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 11.3%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 11.3%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 11.3%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 11.3%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 11.3%** |
|  | 280 Park Avenue Mortgage Trust |  |  |  |
| 4830000 | &nbsp;&nbsp;&nbsp;Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor) | 5.49 %<sup>(a)</sup> | 09/15/2034 | 4787458 |
|  | ACREC Trust |  |  |  |
| 4800000 | &nbsp;&nbsp;&nbsp;Series 2025-FL3-A (1 mo. Term SOFR + 1.31%, 1.31% Floor) | 5.62 %<sup>(a)</sup> | 08/18/2042 | 4798920 |
|  | Alen Mortgage Trust |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2021-ACEN-B (1 mo. Term SOFR + 1.76%, 1.65% Floor) | 6.08 %<sup>(a)</sup> | 04/15/2034 | 1873375 |
|  | Arbor Multifamily Mortgage Securities Trust |  |  |  |
| 111886142 | &nbsp;&nbsp;&nbsp;Series 2021-MF2-XA | 1.22 %<sup>(a)(b)(g)</sup> | 06/15/2054 | 5505581 |
|  | Arbor Realty Trust, Inc. |  |  |  |
| 40902000 | &nbsp;&nbsp;&nbsp;Series 2020-MF1-XD | 0.59 %<sup>(a)(b)(g)</sup> | 05/15/2053 | 930557 |
| 1088417 | &nbsp;&nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.46% Floor) | 5.78 %<sup>(a)</sup> | 11/15/2036 | 1091663 |
| 5732304 | &nbsp;&nbsp;&nbsp;Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor) | 5.75 %<sup>(a)</sup> | 01/15/2037 | 5740283 |
|  | AREIT Trust |  |  |  |
| 1705972 | &nbsp;&nbsp;&nbsp;Series 2022-CRE6-A (30 day avg SOFR US + 1.25%, 1.25% Floor) | 5.55 %<sup>(a)</sup> | 01/20/2037 | 1713021 |
| 7220000 | &nbsp;&nbsp;&nbsp;Series 2025-CRE10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 12/17/2029 | 7154089 |
|  | BANK5 Trust |  |  |  |
| 6433000 | &nbsp;&nbsp;&nbsp;Series 2023-5YR2-A3 | 6.66 %<sup>(b)</sup> | 07/15/2056 | 6789605 |
| 5022000 | &nbsp;&nbsp;&nbsp;Series 2024-5YR10-AS | 5.64% | 10/15/2057 | 5149972 |
| 21139639 | &nbsp;&nbsp;&nbsp;Series 2025-5YR14-XA | 1.20 %<sup>(b)(g)</sup> | 04/15/2058 | 871403 |
|  | BBCMS Trust |  |  |  |
| 11001000 | &nbsp;&nbsp;&nbsp;Series 2019-BWAY-E (1 mo. Term SOFR + 2.96%, 2.85% Floor) | 7.28 %<sup>(a)</sup> | 11/15/2034 | 41254 |
| 29456500 | &nbsp;&nbsp;&nbsp;Series 2021-C10-XB | 1.13 %<sup>(b)(g)</sup> | 07/15/2054 | 1530286 |
| 21205000 | &nbsp;&nbsp;&nbsp;Series 2021-C10-XD | 1.80 %<sup>(a)(b)(g)</sup> | 07/15/2054 | 1721163 |
| 53058416 | &nbsp;&nbsp;&nbsp;Series 2025-5C34-XA | 1.39 %<sup>(b)(g)</sup> | 05/15/2058 | 2634828 |
| 55564588 | &nbsp;&nbsp;&nbsp;Series 2025-C32-XA | 1.36 %<sup>(b)(g)</sup> | 02/15/2062 | 4752234 |
|  | BDS Ltd. |  |  |  |
| 4824403 | &nbsp;&nbsp;&nbsp;Series 2021-FL10-A (1 mo. Term SOFR + 1.46%, 1.46% Floor) | 5.78 %<sup>(a)</sup> | 12/16/2036 | 4842148 |
| 947811 | &nbsp;&nbsp;&nbsp;Series 2021-FL9-A (1 mo. Term SOFR + 1.18%, 1.07% Floor) | 5.50 %<sup>(a)</sup> | 11/16/2038 | 946051 |
| 1300098 | &nbsp;&nbsp;&nbsp;Series 2022-FL11-ATS (1 mo. Term SOFR + 1.80%, 1.80% Floor) | 6.12 %<sup>(a)</sup> | 03/19/2039 | 1301744 |
| 7500000 | &nbsp;&nbsp;&nbsp;Series 2024-FL13-A (1 mo. Term SOFR + 1.58%, 1.58% Floor) | 5.89 %<sup>(a)</sup> | 09/19/2039 | 7544723 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Benchmark Mortgage Trust |  |  |  |
| 157277074 | &nbsp;&nbsp;&nbsp;Series 2020-IG1-XA | 0.61 %<sup>(b)(g)</sup> | 09/15/2043 | 2799060 |
| 147442115 | &nbsp;&nbsp;&nbsp;Series 2025-V14-XA | 0.98 %<sup>(b)(g)</sup> | 04/15/2057 | 4785602 |
|  | BFLD Trust |  |  |  |
| 3012000 | &nbsp;&nbsp;&nbsp;Series 2024-VICT-A (1 mo. Term SOFR + 1.89%, 1.89% Floor) | 6.20 %<sup>(a)</sup> | 07/15/2041 | 3024489 |
|  | BHMS Mortgage Trust |  |  |  |
| 165041500 | &nbsp;&nbsp;&nbsp;Series 2018-ATLS-XCP | 0.00 %<sup>(a)(b)(g)</sup> | 07/15/2035 | 1650 |
|  | BMO Mortgage Trust |  |  |  |
| 93265188 | &nbsp;&nbsp;&nbsp;Series 2024-5C5-XA | 1.39 %<sup>(b)(g)</sup> | 02/15/2057 | 3782696 |
| 38795712 | &nbsp;&nbsp;&nbsp;Series 2025-5C9-XA | 0.92 %<sup>(b)(g)</sup> | 04/15/2058 | 1161815 |
| 44339039 | &nbsp;&nbsp;&nbsp;Series 2025-C11-XA | 1.33 %<sup>(b)(g)</sup> | 02/15/2058 | 3624672 |
|  | BrightSpire Capital, Inc. |  |  |  |
| 4249365 | &nbsp;&nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 08/19/2038 | 4213849 |
| 13968000 | &nbsp;&nbsp;&nbsp;Series 2021-FL1-AS (1 mo. Term SOFR + 1.71%, 1.60% Floor) | 6.03 %<sup>(a)</sup> | 08/19/2038 | 13888005 |
| 6702000 | &nbsp;&nbsp;&nbsp;Series 2024-FL2-A (1 mo. Term SOFR + 1.95%, 1.95% Floor) | 6.26 %<sup>(a)</sup> | 08/19/2037 | 6724659 |
|  | BSPRT Co.-Issuer LLC |  |  |  |
| 7450000 | &nbsp;&nbsp;&nbsp;Series 2023-FL10-AS (1 mo. Term SOFR + 2.86%, 2.86% Floor) | 7.17 %<sup>(a)</sup> | 09/15/2035 | 7491504 |
|  | BX Trust |  |  |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2018-GW-A (1 mo. Term SOFR + 1.10%, 0.80% Floor) | 5.41 %<sup>(a)</sup> | 05/15/2035 | 998161 |
| 4835282 | &nbsp;&nbsp;&nbsp;Series 2021-RISE-B (1 mo. Term SOFR + 1.36%, 1.25% Floor) | 5.68 %<sup>(a)</sup> | 11/15/2036 | 4831556 |
| 2338258 | &nbsp;&nbsp;&nbsp;Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor) | 5.11 %<sup>(a)</sup> | 10/15/2038 | 2338609 |
| 2026500 | &nbsp;&nbsp;&nbsp;Series 2021-XL2-D (1 mo. Term SOFR + 1.51%, 1.40% Floor) | 5.82 %<sup>(a)</sup> | 10/15/2038 | 2026906 |
| 1864427 | &nbsp;&nbsp;&nbsp;Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor) | 6.76 %<sup>(a)</sup> | 08/15/2039 | 1866175 |
| 3003000 | &nbsp;&nbsp;&nbsp;Series 2022-PSB-B (1 mo. Term SOFR + 2.95%, 2.95% Floor) | 7.26 %<sup>(a)</sup> | 08/15/2039 | 3006754 |
| 4529159 | &nbsp;&nbsp;&nbsp;Series 2024-GPA3-A (1 mo. Term SOFR + 1.29%, 1.29% Floor) | 5.60 %<sup>(a)</sup> | 12/15/2039 | 4539149 |
| 2260000 | &nbsp;&nbsp;&nbsp;Series 2025-ROIC-C (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.86 %<sup>(a)</sup> | 03/15/2030 | 2244211 |
|  | CEDR Commercial Mortgage Trust |  |  |  |
| 3790000 | &nbsp;&nbsp;&nbsp;Series 2022-SNAI-A (1 mo. Term SOFR + 0.99%, 0.99% Floor) | 5.30 %<sup>(a)</sup> | 02/15/2039 | 3690927 |
|  | CFCRE Commercial Mortgage Trust |  |  |  |
| 15779267 | &nbsp;&nbsp;&nbsp;Series 2016-C4-XA | 1.73 %<sup>(b)(g)</sup> | 05/10/2058 | 72398 |
| 2475000 | &nbsp;&nbsp;&nbsp;Series 2016-C7-A3 | 3.84% | 12/10/2054 | 2440850 |
| 16201000 | &nbsp;&nbsp;&nbsp;Series 2017-C8-XB | 1.05 %<sup>(b)(g)</sup> | 06/15/2050 | 241802 |
|  | Citigroup Commercial Mortgage Trust |  |  |  |
| 16463284 | &nbsp;&nbsp;&nbsp;Series 2016-GC36-XA | 1.36 %<sup>(b)(g)</sup> | 02/10/2049 | 34308 |
| 3096000 | &nbsp;&nbsp;&nbsp;Series 2016-P3-A4 | 3.33% | 04/15/2049 | 3049734 |
| 10092303 | &nbsp;&nbsp;&nbsp;Series 2016-P3-XA | 1.81 %<sup>(b)(g)</sup> | 04/15/2049 | 71846 |
| 2519000 | &nbsp;&nbsp;&nbsp;Series 2016-P4-B | 3.38% | 07/10/2049 | 2353859 |
| 11710999 | &nbsp;&nbsp;&nbsp;Series 2016-P4-XA | 2.04 %<sup>(b)(g)</sup> | 07/10/2049 | 122780 |
| 10622945 | &nbsp;&nbsp;&nbsp;Series 2017-P7-XA | 1.23 %<sup>(b)(g)</sup> | 04/14/2050 | 139189 |
|  | Citigroup/Deutsche Bank Commercial Mortgage Trust |  |  |  |
| 15808281 | &nbsp;&nbsp;&nbsp;Series 2016-C1-XA | 1.51 %<sup>(b)(g)</sup> | 05/10/2049 | 40875 |
| 40595510 | &nbsp;&nbsp;&nbsp;Series 2017-CD3-XA | 1.08 %<sup>(b)(g)</sup> | 02/10/2050 | 451917 |
| 50966400 | &nbsp;&nbsp;&nbsp;Series 2017-CD4-XA | 1.37 %<sup>(b)(g)</sup> | 05/10/2050 | 807242 |
|  | Commercial Mortgage Pass Through Certificates |  |  |  |
| 1721713 | &nbsp;&nbsp;&nbsp;Series 2013-CR12-XA | 0.67 %<sup>(b)(g)</sup> | 10/10/2046 | 35 |
| 1746540 | &nbsp;&nbsp;&nbsp;Series 2015-CR22-XA | 0.37 %<sup>(b)(g)</sup> | 03/10/2048 | 11 |
| 9585008 | &nbsp;&nbsp;&nbsp;Series 2015-CR25-XA | 0.86 %<sup>(b)(g)</sup> | 08/10/2048 | 159 |
| 24296568 | &nbsp;&nbsp;&nbsp;Series 2015-CR27-XA | 1.00 %<sup>(b)(g)</sup> | 10/10/2048 | 525 |
| 801317 | &nbsp;&nbsp;&nbsp;Series 2015-DC1-XA | 0.71 %<sup>(b)(g)</sup> | 02/10/2048 | 12 |
| 3949362 | &nbsp;&nbsp;&nbsp;Series 2015-LC21-B | 4.52 %<sup>(b)</sup> | 07/10/2048 | 3919959 |
| 10459133 | &nbsp;&nbsp;&nbsp;Series 2016-DC2-XA | 1.05 %<sup>(b)(g)</sup> | 02/10/2049 | 14731 |
| 11396000 | &nbsp;&nbsp;&nbsp;Series 2018-HCLV-D (1 mo. Term SOFR + 2.47%, 2.18% Floor) | 6.78 %<sup>(a)</sup> | 09/15/2033 | 3675379 |
|  | Computershare Corporate Trust |  |  |  |
| 9629886 | &nbsp;&nbsp;&nbsp;Series 2015-C30-XA | 0.87 %<sup>(b)(g)</sup> | 09/15/2058 | 214 |
| 3875603 | &nbsp;&nbsp;&nbsp;Series 2015-NXS2-XA | 0.27 %<sup>(b)(g)</sup> | 07/15/2058 | 1335 |
| 9400923 | &nbsp;&nbsp;&nbsp;Series 2016-C33-XA | 1.70 %<sup>(b)(g)</sup> | 03/15/2059 | 42366 |
| 19968010 | &nbsp;&nbsp;&nbsp;Series 2016-NXS6-XA | 1.68 %<sup>(b)(g)</sup> | 11/15/2049 | 170399 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 63678019 | &nbsp;&nbsp;&nbsp;Series 2017-C38-XA | 1.05 %<sup>(b)(g)</sup> | 07/15/2050 | 820046 |
| 20017206 | &nbsp;&nbsp;&nbsp;Series 2019-C52-XA | 1.70 %<sup>(b)(g)</sup> | 08/15/2052 | 1004377 |
| 61660404 | &nbsp;&nbsp;&nbsp;Series 2021-C59-XA | 1.62 %<sup>(b)(g)</sup> | 04/15/2054 | 3815897 |
| 5250000 | &nbsp;&nbsp;&nbsp;Series 2022-ONL-A | 3.86 %<sup>(a)</sup> | 12/15/2039 | 5020675 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 9873828 | &nbsp;&nbsp;&nbsp;Series 2014-USA-X1 | 0.69 %<sup>(a)(b)(g)</sup> | 09/15/2037 | 11353 |
| 729268 | &nbsp;&nbsp;&nbsp;Series 2017-PFHP-A (1 mo. Term SOFR + 1.00%, 0.95% Floor) | 5.31 %<sup>(a)</sup> | 12/15/2030 | 727391 |
|  | CSAIL Commercial Mortgage Trust |  |  |  |
| 1645471 | &nbsp;&nbsp;&nbsp;Series 2015-C1-XA | 0.17 %<sup>(b)(g)</sup> | 04/15/2050 | 2 |
| 2742861 | &nbsp;&nbsp;&nbsp;Series 2016-C6-XA | 2.01 %<sup>(b)(g)</sup> | 01/15/2049 | 12961 |
| 121655563 | &nbsp;&nbsp;&nbsp;Series 2021-C20-XA | 1.11 %<sup>(b)(g)</sup> | 03/15/2054 | 5122283 |
|  | ELP Commercial Mortgage Trust |  |  |  |
| 2918603 | &nbsp;&nbsp;&nbsp;Series 2021-ELP-C (1 mo. Term SOFR + 1.43%, 1.32% Floor) | 5.75 %<sup>(a)</sup> | 11/15/2038 | 2916419 |
|  | Franklin BSP Realty Trust, Inc. |  |  |  |
| 3033194 | &nbsp;&nbsp;&nbsp;Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor) | 5.80 %<sup>(a)</sup> | 02/15/2037 | 3034187 |
|  | FS Rialto |  |  |  |
| 4555057 | &nbsp;&nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.65 %<sup>(a)</sup> | 05/16/2038 | 4528287 |
|  | FS RIALTO |  |  |  |
| 5235034 | &nbsp;&nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.68 %<sup>(a)</sup> | 11/16/2036 | 5232453 |
|  | FS Rialto Issuer LLC |  |  |  |
| 5740000 | &nbsp;&nbsp;&nbsp;Series 2025-FL10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 08/19/2042 | 5746102 |
|  | Granite Point Mortgage Trust, Inc. |  |  |  |
| 1897094 | &nbsp;&nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.61%, 1.36% Floor) | 5.93 %<sup>(a)</sup> | 07/16/2035 | 1865061 |
| 3454406 | &nbsp;&nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.35% Floor) | 5.78 %<sup>(a)</sup> | 12/15/2036 | 3444747 |
|  | Great Wolf Trust |  |  |  |
| 8770000 | &nbsp;&nbsp;&nbsp;Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.85 %<sup>(a)</sup> | 03/15/2039 | 8794743 |
|  | Greystone Commercial Real Estate Notes |  |  |  |
| 1258604 | &nbsp;&nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor) | 5.45 %<sup>(a)</sup> | 07/15/2039 | 1260627 |
| 10700000 | &nbsp;&nbsp;&nbsp;Series 2021-FL3-C (1 mo. Term SOFR + 2.11%, 2.00% Floor) | 6.43 %<sup>(a)</sup> | 07/15/2039 | 10627518 |
|  | GS Mortgage Securities Corp. II |  |  |  |
| 284322 | &nbsp;&nbsp;&nbsp;Series 2014-GC24-XA | 0.40 %<sup>(b)(g)</sup> | 09/10/2047 | 4 |
| 5491700 | &nbsp;&nbsp;&nbsp;Series 2015-GC32-XA | 0.72 %<sup>(b)(g)</sup> | 07/10/2048 | 84 |
| 6803573 | &nbsp;&nbsp;&nbsp;Series 2015-GS1-XA | 0.85 %<sup>(b)(g)</sup> | 11/10/2048 | 11264 |
| 13765776 | &nbsp;&nbsp;&nbsp;Series 2016-GS2-XA | 1.88 %<sup>(b)(g)</sup> | 05/10/2049 | 71672 |
| 23711668 | &nbsp;&nbsp;&nbsp;Series 2016-GS3-XA | 1.30 %<sup>(b)(g)</sup> | 10/10/2049 | 192449 |
| 2314000 | &nbsp;&nbsp;&nbsp;Series 2018-GS10-WLSD | 5.07 %<sup>(a)(b)</sup> | 03/10/2033 | 203865 |
| 2893000 | &nbsp;&nbsp;&nbsp;Series 2018-GS10-WLSE | 5.07 %<sup>(a)(b)</sup> | 03/10/2033 | 232092 |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2018-TWR-E (1 mo. Term SOFR + 2.40%, 2.10% Floor) | 6.71 %<sup>(a)</sup> | 07/15/2031 | 524423 |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2018-TWR-F (1 mo. Term SOFR + 3.10%, 2.80% Floor) | 7.41 %<sup>(a)</sup> | 07/15/2031 | 472448 |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2018-TWR-G (1 mo. Term SOFR + 4.22%, 3.93% Floor) | 8.53 %<sup>(a)</sup> | 07/15/2031 | 420473 |
|  | GSCG Trust |  |  |  |
| 14505000 | &nbsp;&nbsp;&nbsp;Series 2019-600C-E | 4.12 %<sup>(a)(b)</sup> | 09/06/2034 | 612256 |
|  | HGI CRE CLO Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2021-FL1-B (1 mo. Term SOFR + 1.71%, 1.71% Floor) | 6.03 %<sup>(a)</sup> | 06/16/2036 | 2002200 |
|  | JP Morgan Chase Commercial Mortgage Securities |  |  |  |
| 12671029 | &nbsp;&nbsp;&nbsp;Series 2015-JP1-XA | 1.03 %<sup>(b)(g)</sup> | 01/15/2049 | 24719 |
| 30021623 | &nbsp;&nbsp;&nbsp;Series 2016-JP4-XA | 0.70 %<sup>(b)(g)</sup> | 12/15/2049 | 158547 |
| 336000 | &nbsp;&nbsp;&nbsp;Series 2018-WPT-CFX | 4.95 %<sup>(a)</sup> | 07/05/2033 | 254604 |
| 3876198 | &nbsp;&nbsp;&nbsp;Series 2019-COR4-ASB | 3.94% | 03/10/2052 | 3840468 |
| 5775000 | &nbsp;&nbsp;&nbsp;Series 2019-UES-G | 4.60 %<sup>(a)(b)</sup> | 05/05/2032 | 5267614 |
| 6153490 | &nbsp;&nbsp;&nbsp;Series 2022-NLP-A (1 mo. Term SOFR + 0.85%, 0.60% Floor) | 5.16 %<sup>(a)</sup> | 04/15/2037 | 6088144 |
|  | JPMBB Commercial Mortgage Securities Trust |  |  |  |
| 3277093 | &nbsp;&nbsp;&nbsp;Series 2014-C25-XA | 0.61 %<sup>(b)(g)</sup> | 11/15/2047 | 40 |
| 11598982 | &nbsp;&nbsp;&nbsp;Series 2015-C30-XA | 0.47 %<sup>(b)(g)</sup> | 07/15/2048 | 139 |
| 3145504 | &nbsp;&nbsp;&nbsp;Series 2015-C31-XA | 0.89 %<sup>(b)(g)</sup> | 08/15/2048 | 58 |
| 12597635 | &nbsp;&nbsp;&nbsp;Series 2015-C32-XA | 1.23 %<sup>(b)(g)</sup> | 11/15/2048 | 355 |
| 5380000 | &nbsp;&nbsp;&nbsp;Series 2015-C33-AS | 4.02% | 12/15/2048 | 5307717 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | KREF |  |  |  |
| 1332965 | &nbsp;&nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor) | 5.50 %<sup>(a)</sup> | 02/15/2039 | 1332514 |
| 7942000 | &nbsp;&nbsp;&nbsp;Series 2021-FL2-B (1 mo. Term SOFR + 1.76%, 1.65% Floor) | 6.08 %<sup>(a)</sup> | 02/15/2039 | 7893482 |
| 6533782 | &nbsp;&nbsp;&nbsp;Series 2022-FL3-A (1 mo. Term SOFR + 1.45%, 1.45% Floor) | 5.77 %<sup>(a)</sup> | 02/17/2039 | 6541518 |
|  | LoanCore |  |  |  |
| 3011968 | &nbsp;&nbsp;&nbsp;Series 2021-CRE5-A (1 mo. Term SOFR + 1.41%, 1.41% Floor) | 5.73 %<sup>(a)</sup> | 07/15/2036 | 2999652 |
| 4214453 | &nbsp;&nbsp;&nbsp;Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor) | 5.73 %<sup>(a)</sup> | 11/15/2038 | 4229052 |
| 5880875 | &nbsp;&nbsp;&nbsp;Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor) | 5.85 %<sup>(a)</sup> | 01/17/2037 | 5898106 |
| 7220000 | &nbsp;&nbsp;&nbsp;Series 2025-CRE8-A (1 mo. Term SOFR + 1.39%, 1.39% Floor) | 5.70 %<sup>(a)</sup> | 08/17/2042 | 7166153 |
|  | LSTAR Commercial Mortgage Trust |  |  |  |
| 2448203 | &nbsp;&nbsp;&nbsp;Series 2016-4-XA | 1.68 %<sup>(a)(b)(g)</sup> | 03/10/2049 | 10253 |
| 58586782 | &nbsp;&nbsp;&nbsp;Series 2017-5-X | 1.00 %<sup>(a)(b)(g)</sup> | 03/10/2050 | 562562 |
|  | Lument Finance Trust, Inc. |  |  |  |
| 3637726 | &nbsp;&nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor) | 5.60 %<sup>(a)</sup> | 06/15/2039 | 3645886 |
|  | MF1 Multifamily Housing Mortgage Loan Trust |  |  |  |
| 339716 | &nbsp;&nbsp;&nbsp;Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor) | 5.53 %<sup>(a)</sup> | 07/16/2036 | 339965 |
| 2832614 | &nbsp;&nbsp;&nbsp;Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor) | 5.67 %<sup>(a)</sup> | 02/19/2037 | 2832622 |
| 12550000 | &nbsp;&nbsp;&nbsp;Series 2022-FL8-AS (1 mo. Term SOFR + 1.75%, 1.75% Floor) | 6.07 %<sup>(a)</sup> | 02/19/2037 | 12511040 |
| 6445029 | &nbsp;&nbsp;&nbsp;Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor) | 6.47 %<sup>(a)</sup> | 06/19/2037 | 6463204 |
| 7200000 | &nbsp;&nbsp;&nbsp;Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor) | 6.00 %<sup>(a)</sup> | 08/18/2041 | 7226114 |
| 7220000 | &nbsp;&nbsp;&nbsp;Series 2025-FL17-A (1 mo. Term SOFR + 1.32%, 1.32% Floor) | 5.63 %<sup>(a)</sup> | 02/18/2040 | 7222953 |
|  | Morgan Stanley ABS Capital I, Inc. |  |  |  |
| 3693707 | &nbsp;&nbsp;&nbsp;Series 2024-NSTB-A | 3.90 %<sup>(a)(b)</sup> | 09/24/2057 | 3579670 |
|  | Morgan Stanley Bank of America Merrill Lynch Trust |  |  |  |
| 9169042 | &nbsp;&nbsp;&nbsp;Series 2012-CKSV-CK | 4.30 %<sup>(a)(b)</sup> | 10/15/2030 | 5904863 |
| 15427850 | &nbsp;&nbsp;&nbsp;Series 2016-C28-XA-XA | 1.29 %<sup>(b)(g)</sup> | 01/15/2049 | 39120 |
| 22959279 | &nbsp;&nbsp;&nbsp;Series 2025-5C1-XA | 1.38 %<sup>(b)(g)</sup> | 03/15/2058 | 1072129 |
|  | Morgan Stanley Capital I, Inc. |  |  |  |
| 711000 | &nbsp;&nbsp;&nbsp;Series 2019-NUGS-F (1 mo. Term SOFR + 2.96%, 4.34% Floor) | 7.27 %<sup>(a)</sup> | 12/15/2036 | 10818 |
| 13327000 | &nbsp;&nbsp;&nbsp;Series 2019-PLND-E (1 mo. Term SOFR + 2.26%, 2.15% Floor) | 6.58 %<sup>(a)</sup> | 05/15/2036 | 1329368 |
| 1331000 | &nbsp;&nbsp;&nbsp;Series 2019-PLND-F (1 mo. Term SOFR + 2.91%, 2.80% Floor) | 7.23 %<sup>(a)</sup> | 05/15/2036 | 118792 |
|  | MTN Commercial Mortgage Trust |  |  |  |
| 1200000 | &nbsp;&nbsp;&nbsp;Series 2022-LPFL-A (1 mo. Term SOFR + 1.40%, 1.40% Floor) | 5.72 %<sup>(a)</sup> | 03/15/2039 | 1199947 |
|  | Natixis Commercial Mortgage Securities Trust |  |  |  |
| 9940000 | &nbsp;&nbsp;&nbsp;Series 2018-FL1-C (Prime Rate + 0.00%, 0.00% Floor) | 7.50 %<sup>(a)</sup> | 06/15/2035 | 5297574 |
|  | NYC Commercial Mortgage Trust |  |  |  |
| 4990000 | &nbsp;&nbsp;&nbsp;Series 2025-3BP-A (1 mo. Term SOFR + 1.21%, 1.21% Floor) | 5.52 %<sup>(a)</sup> | 02/15/2042 | 4952768 |
|  | Ready Capital Corp. |  |  |  |
| 4157706 | &nbsp;&nbsp;&nbsp;Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 11/25/2036 | 4170000 |
|  | ROCK Trust |  |  |  |
| 3730000 | &nbsp;&nbsp;&nbsp;Series 2024-CNTR-A | 5.39 %<sup>(a)</sup> | 11/13/2041 | 3819574 |
|  | SFO Commercial Mortgage Trust |  |  |  |
| 2540000 | &nbsp;&nbsp;&nbsp;Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 05/15/2038 | 2530242 |
|  | SLG Office Trust |  |  |  |
| 168062650 | &nbsp;&nbsp;&nbsp;Series 2021-OVA-X | 0.26 %<sup>(a)(b)(g)</sup> | 07/15/2041 | 2069507 |
|  | SREIT Trust |  |  |  |
| 2240000 | &nbsp;&nbsp;&nbsp;Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor) | 5.25 %<sup>(a)</sup> | 11/15/2036 | 2239331 |
|  | Starwood Property Trust, Inc. |  |  |  |
| 2945167 | &nbsp;&nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 04/18/2038 | 2933133 |
|  | STWD Trust |  |  |  |
| 812000 | &nbsp;&nbsp;&nbsp;Series 2021-FLWR-B (1 mo. Term SOFR + 1.04%, 0.93% Floor) | 5.35 %<sup>(a)</sup> | 07/15/2036 | 811222 |
|  | TPG Real Estate Finance Issuer Ltd. |  |  |  |
| 10277844 | &nbsp;&nbsp;&nbsp;Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor) | 5.96 %<sup>(a)</sup> | 02/15/2039 | 10313755 |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor) | 6.46 %<sup>(a)</sup> | 02/15/2039 | 4994200 |
| 5110000 | &nbsp;&nbsp;&nbsp;Series 2025-FL6-A (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.85 %<sup>(a)</sup> | 09/18/2042 | 5115912 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | TTAN |  |  |  |
| 223792 | &nbsp;&nbsp;&nbsp;Series 2021-MHC-B (1 mo. Term SOFR + 1.21%, 1.10% Floor) | 5.53 %<sup>(a)</sup> | 03/15/2038 | 223981 |
|  | UBS Commercial Mortgage Trust |  |  |  |
| 62777494 | &nbsp;&nbsp;&nbsp;Series 2018-C13-XA | 0.94 %<sup>(b)(g)</sup> | 10/15/2051 | 1245430 |
|  | VEGAS Trust |  |  |  |
| 3698000 | &nbsp;&nbsp;&nbsp;Series 2024-TI-A | 5.52 %<sup>(a)</sup> | 11/10/2039 | 3749904 |
|  | Wells Fargo Commercial Mortgage Trust |  |  |  |
| 1605303 | &nbsp;&nbsp;&nbsp;Series 2025-C64-A1 | 5.02% | 02/15/2058 | 1619816 |
| 48504942 | &nbsp;&nbsp;&nbsp;Series 2025-C64-XA | 1.24 %<sup>(b)(g)</sup> | 02/15/2058 | 3649948 |
|  | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $538,306,419)** | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $538,306,419)** | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $538,306,419)** | **405949576** |
| **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 12.6%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 12.6%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 12.6%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 12.6%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 12.6%** |
|  | ACE Securities Corp. |  |  |  |
| 4285460 | &nbsp;&nbsp;&nbsp;Series 2006-CW1-A2D (1 mo. Term SOFR + 0.63%, 0.52% Floor) | 4.95% | 07/25/2036 | 3498583 |
| 6755066 | &nbsp;&nbsp;&nbsp;Series 2007-WM1-A2B (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.67% | 11/25/2036 | 2771982 |
|  | Adjustable Rate Mortgage Trust |  |  |  |
| 4290681 | &nbsp;&nbsp;&nbsp;Series 2006-1-6A1 (1 mo. Term SOFR + 0.37%, 0.26% Floor) | 4.69% | 03/25/2036 | 2526253 |
|  | AJAX Mortgage Loan Trust |  |  |  |
| 2709283 | &nbsp;&nbsp;&nbsp;Series 2021-C-A | 5.12 %<sup>(a)(c)</sup> | 01/25/2061 | 2703834 |
|  | American Home Mortgage Investment Trust |  |  |  |
| 1887462 | &nbsp;&nbsp;&nbsp;Series 2004-2-M1 (1 mo. Term SOFR + 1.01%, 0.90% Floor, 11.00% Cap) | 5.33% | 02/25/2044 | 1772776 |
|  | Angel Oak Mortgage Trust LLC |  |  |  |
| 1713370 | &nbsp;&nbsp;&nbsp;Series 2020-2-A1A | 2.53 %<sup>(a)(b)</sup> | 01/26/2065 | 1625237 |
| 334182 | &nbsp;&nbsp;&nbsp;Series 2020-6-A3 | 1.78 %<sup>(a)(b)</sup> | 05/25/2065 | 306941 |
| 6242326 | &nbsp;&nbsp;&nbsp;Series 2021-7-A1 | 1.98 %<sup>(a)(b)</sup> | 10/25/2066 | 5390125 |
|  | Arroyo Mortgage Trust |  |  |  |
| 657134 | &nbsp;&nbsp;&nbsp;Series 2019-1-A1 | 3.81 %<sup>(a)(b)</sup> | 01/25/2049 | 641858 |
| 367254 | &nbsp;&nbsp;&nbsp;Series 2019-2-A2 | 3.50 %<sup>(a)(b)</sup> | 04/25/2049 | 355665 |
| 2835956 | &nbsp;&nbsp;&nbsp;Series 2019-3-A3 | 3.42 %<sup>(a)(b)</sup> | 10/25/2048 | 2710409 |
|  | Banc of America Funding Corp. |  |  |  |
| 854839 | &nbsp;&nbsp;&nbsp;Series 2006-7-T2A1-T2A1 | 5.88 %<sup>(b)</sup> | 10/25/2036 | 779909 |
| 8720197 | &nbsp;&nbsp;&nbsp;Series 2015-R2-4A2 (1 mo. Term SOFR + 0.28%, 0.17% Floor) | 3.57 %<sup>(a)</sup> | 09/29/2036 | 7315080 |
| 1696836 | &nbsp;&nbsp;&nbsp;Series 2015-R2-9A2 | 3.16 %<sup>(a)(h)</sup> | 03/27/2036 | 1573829 |
|  | Banc of America Mortgage Securities, Inc. |  |  |  |
| 835187 | &nbsp;&nbsp;&nbsp;Series 2005-I-2A5 | 4.86 %<sup>(b)</sup> | 10/25/2035 | 789564 |
| 1902471 | &nbsp;&nbsp;&nbsp;Series 2007-3-1A1 | 6.00% | 09/25/2037 | 1563991 |
|  | BCAP LLC Trust |  |  |  |
| 6611966 | &nbsp;&nbsp;&nbsp;Series 2009-RR4-7A2 | 6.00 %<sup>(a)(b)</sup> | 03/26/2037 | 2222697 |
| 1182895 | &nbsp;&nbsp;&nbsp;Series 2012-RR1-3A4 | 5.50 %<sup>(a)(b)</sup> | 10/26/2035 | 765516 |
|  | BRAVO Residential Funding Trust |  |  |  |
| 1250639 | &nbsp;&nbsp;&nbsp;Series 2021-NQM2-A3 | 1.44 %<sup>(a)(b)</sup> | 03/25/2060 | 1213668 |
| 7262037 | &nbsp;&nbsp;&nbsp;Series 2022-RPL1-A1 | 2.75 %<sup>(a)(b)</sup> | 09/25/2061 | 6662658 |
| 3000000 | &nbsp;&nbsp;&nbsp;Series 2025-NQM6-A2 | 5.49 %<sup>(a)(c)</sup> | 06/25/2065 | 3023559 |
|  | Citigroup Mortgage Loan Trust, Inc. |  |  |  |
| 1079504 | &nbsp;&nbsp;&nbsp;Series 2020-EXP1-A1A | 1.80 %<sup>(a)(b)</sup> | 05/25/2060 | 1010494 |
|  | Citimortgage Alternative Loan Trust |  |  |  |
| 506652 | &nbsp;&nbsp;&nbsp;Series 2007-A5-1A10 | 5.75% | 05/25/2037 | 471062 |
|  | COLT Funding LLC |  |  |  |
| 54888 | &nbsp;&nbsp;&nbsp;Series 2020-3-A3 | 2.38 %<sup>(a)(b)</sup> | 04/27/2065 | 53745 |
| 2259678 | &nbsp;&nbsp;&nbsp;Series 2021-1R-A1 | 0.86 %<sup>(a)(b)</sup> | 05/25/2065 | 2039345 |
| 3776059 | &nbsp;&nbsp;&nbsp;Series 2021-5-A1 | 1.73 %<sup>(a)(b)</sup> | 11/26/2066 | 3410478 |
| 4922704 | &nbsp;&nbsp;&nbsp;Series 2022-2-A1 | 2.99 %<sup>(a)(c)</sup> | 02/25/2067 | 4683519 |
|  | Countrywide Alternative Loan Trust |  |  |  |
| 251740 | &nbsp;&nbsp;&nbsp;Series 2005-23CB-A15 | 5.50% | 07/25/2035 | 205599 |
| 868878 | &nbsp;&nbsp;&nbsp;Series 2005-28CB-1A6-1A6 | 5.50% | 08/25/2035 | 746710 |
| 3598325 | &nbsp;&nbsp;&nbsp;Series 2005-49CB-A6 | 5.50% | 11/25/2035 | 2290874 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1327666 | &nbsp;&nbsp;&nbsp;Series 2005-61-1A2 (1 mo. Term SOFR + 0.85%, 0.74% Floor) | 5.17% | 12/25/2035 | 1210240 |
| 6575723 | &nbsp;&nbsp;&nbsp;Series 2005-62-1A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor) | 5.03% | 12/25/2035 | 5041320 |
| 7132425 | &nbsp;&nbsp;&nbsp;Series 2006-16CB-A5 | 6.00% | 06/25/2036 | 3731641 |
| 1395075 | &nbsp;&nbsp;&nbsp;Series 2006-32CB-A21 | 5.50% | 11/25/2036 | 739899 |
| 2255846 | &nbsp;&nbsp;&nbsp;Series 2006-34-A6 | 6.25% | 11/25/2046 | 1002715 |
| 5648801 | &nbsp;&nbsp;&nbsp;Series 2006-36T2-1A3 | 5.75% | 12/25/2036 | 2142443 |
| 1307544 | &nbsp;&nbsp;&nbsp;Series 2006-J4-2A9 | 6.00% | 07/25/2036 | 748553 |
| 1444847 | &nbsp;&nbsp;&nbsp;Series 2006-J6-A5 | 6.00% | 09/25/2036 | 663364 |
| 1405190 | &nbsp;&nbsp;&nbsp;Series 2006-OA12-A1B (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62% | 09/20/2046 | 1442322 |
| 3252568 | &nbsp;&nbsp;&nbsp;Series 2006-OA21-A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62% | 03/20/2047 | 2796514 |
| 10760880 | &nbsp;&nbsp;&nbsp;Series 2007-12T1-A11 | 6.00% | 06/25/2037 | 4787028 |
| 9654280 | &nbsp;&nbsp;&nbsp;Series 2007-12T1-A5 | 6.00% | 06/25/2037 | 4294752 |
| 274326 | &nbsp;&nbsp;&nbsp;Series 2007-15CB-A7 | 6.00% | 07/25/2037 | 162615 |
| 4009678 | &nbsp;&nbsp;&nbsp;Series 2007-8CB-A1 | 5.50% | 05/25/2037 | 2008485 |
| 10563411 | &nbsp;&nbsp;&nbsp;Series 2007-9T1-1A6 | 6.00% | 05/25/2037 | 4848954 |
|  | Countrywide Home Loan Mortgage Pass Through Trust |  |  |  |
| 636012 | &nbsp;&nbsp;&nbsp;Series 2005-10-A2 | 5.50% | 05/25/2035 | 528557 |
| 9149620 | &nbsp;&nbsp;&nbsp;Series 2006-20-1A18 (1 mo. Term SOFR + 0.76%, 0.65% Floor, 6.00% Cap) | 5.08% | 02/25/2037 | 3311747 |
| 1550938 | &nbsp;&nbsp;&nbsp;Series 2006-21-A10 | 5.75% | 02/25/2037 | 647939 |
| 524757 | &nbsp;&nbsp;&nbsp;Series 2007-14-A15 | 6.50% | 09/25/2037 | 283910 |
|  | Credit Suisse First Boston Mortgage Securities Corp. |  |  |  |
| 2452 | &nbsp;&nbsp;&nbsp;Series 2004-8-6A1 | 4.50% | 11/25/2034 | 1711 |
| 433761 | &nbsp;&nbsp;&nbsp;Series 2005-9-5A9 | 5.50% | 10/25/2035 | 218203 |
|  | Credit Suisse Management LLC |  |  |  |
| 959699 | &nbsp;&nbsp;&nbsp;Series 2005-11-2A1 | 6.00% | 12/25/2035 | 642192 |
| 47102 | &nbsp;&nbsp;&nbsp;Series 2005-11-8A5 | 6.00% | 12/25/2035 | 35298 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 8452372 | &nbsp;&nbsp;&nbsp;Series 2009-8R-8A2 | 6.00 %<sup>(a)(b)</sup> | 03/26/2037 | 2841373 |
| 227984 | &nbsp;&nbsp;&nbsp;Series 2011-12R-3A5 | 6.20 %<sup>(a)(b)</sup> | 07/27/2036 | 226507 |
| 15384213 | &nbsp;&nbsp;&nbsp;Series 2022-NQM1-A1 | 2.27 %<sup>(a)(b)</sup> | 11/25/2066 | 14019547 |
|  | Cross Mortgage Trust |  |  |  |
| 10130602 | &nbsp;&nbsp;&nbsp;Series 2024-H5-A1 | 5.85 %<sup>(a)(c)</sup> | 08/26/2069 | 10192931 |
|  | DB US Financial Markets Holding Corp. |  |  |  |
| 281947 | &nbsp;&nbsp;&nbsp;Series 2014-RS1-1A2 | 6.50 %<sup>(a)(b)</sup> | 07/27/2037 | 237979 |
|  | Deutsche ALT-A Securities, Inc. |  |  |  |
| 323721 | &nbsp;&nbsp;&nbsp;Series 2006-AB4-A1A | 6.01 %<sup>(b)</sup> | 10/25/2036 | 283028 |
| 6317561 | &nbsp;&nbsp;&nbsp;Series 2006-AR4-A1 (1 mo. Term SOFR + 0.37%, 0.26% Floor) | 4.69% | 12/25/2036 | 2178310 |
| 4192094 | &nbsp;&nbsp;&nbsp;Series 2006-AR4-A2 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 10.50% Cap) | 4.81% | 12/25/2036 | 1334447 |
| 177878 | &nbsp;&nbsp;&nbsp;Series 2007-OA2-A1 (12 Month US Treasury Average + 0.77%, 0.77% Floor) | 5.17% | 04/25/2047 | 160009 |
|  | Fannie Mae Connecticut Avenue Securities |  |  |  |
| 3216081 | &nbsp;&nbsp;&nbsp;Series 2024-R01-1M1 (30 day avg SOFR US + 1.05%, 0.00% Floor) | 5.36 %<sup>(a)</sup> | 01/25/2044 | 3215544 |
|  | Freddie Mac Structured Agency Credit Risk Debt Notes |  |  |  |
| 6531961 | &nbsp;&nbsp;&nbsp;Series 2024-DNA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor) | 5.51 %<sup>(a)</sup> | 05/25/2044 | 6545811 |
| 7339064 | &nbsp;&nbsp;&nbsp;Series 2024-HQA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor) | 5.51 %<sup>(a)</sup> | 08/25/2044 | 7344298 |
| 3272217 | &nbsp;&nbsp;&nbsp;Series 2025-DNA1-M1 (30 day avg SOFR US + 1.05%, 0.00% Floor) | 5.36 %<sup>(a)</sup> | 01/25/2045 | 3275743 |
| 19987500 | &nbsp;&nbsp;&nbsp;Series 2025-HQA1-A1 (30 day avg SOFR US + 0.95%, 0.00% Floor) | 5.26 %<sup>(a)</sup> | 02/25/2045 | 19967349 |
|  | GCAT |  |  |  |
| 2188822 | &nbsp;&nbsp;&nbsp;Series 2020-NQM2-A1 | 2.56 %<sup>(a)(c)</sup> | 04/25/2065 | 2097377 |
| 5849512 | &nbsp;&nbsp;&nbsp;Series 2021-NQM4-A3 | 1.56 %<sup>(a)(b)</sup> | 08/25/2066 | 4973553 |
| 23342893 | &nbsp;&nbsp;&nbsp;Series 2025-NQM1-A1 | 5.37 %<sup>(a)(c)</sup> | 11/25/2069 | 23394023 |
|  | GSAA Trust |  |  |  |
| 4961123 | &nbsp;&nbsp;&nbsp;Series 2006-19-A3A (1 mo. Term SOFR + 0.59%, 0.48% Floor) | 4.91% | 12/25/2036 | 1702562 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | GSR Mortgage Loan Trust |  |  |  |
| 319051 | &nbsp;&nbsp;&nbsp;Series 2006-2F-3A4 | 6.00% | 02/25/2036 | 138523 |
|  | Harborview Mortgage Loan Trust |  |  |  |
| 1895413 | &nbsp;&nbsp;&nbsp;Series 2006-1-2A1A (1 mo. Term SOFR + 0.59%, 0.48% Floor) | 4.91% | 03/19/2036 | 1733793 |
|  | Impac Secured Assets CMN Owner Trust |  |  |  |
| 624504 | &nbsp;&nbsp;&nbsp;Series 2006-5-1A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor, 11.50% Cap) | 4.97% | 02/25/2037 | 575343 |
|  | Indymac Index Mortgage Loan Trust |  |  |  |
| 559582 | &nbsp;&nbsp;&nbsp;Series 2006-AR5-2A1 | 3.68 %<sup>(b)</sup> | 05/25/2036 | 544660 |
|  | JP Morgan Alternative Loan Trust |  |  |  |
| 32244108 | &nbsp;&nbsp;&nbsp;Series 2005-S1-1A4 | 6.00% | 12/25/2035 | 9951289 |
| 2716537 | &nbsp;&nbsp;&nbsp;Series 2007-S1-A2 (1 mo. Term SOFR + 0.79%, 0.68% Floor, 11.50% Cap) | 5.11% | 04/25/2047 | 2617958 |
|  | JP Morgan Mortgage Acquisition Corp. |  |  |  |
| 10527412 | &nbsp;&nbsp;&nbsp;Series 2006-WMC2-A5 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 07/25/2036 | 4898816 |
|  | JP Morgan Mortgage Trust |  |  |  |
| 4303511 | &nbsp;&nbsp;&nbsp;Series 2025-NQM1-A2 | 5.76 %<sup>(a)</sup> | 06/25/2065 | 4320067 |
| 4494779 | &nbsp;&nbsp;&nbsp;Series 2025-NQM1-A3 | 5.97 %<sup>(a)(c)</sup> | 06/25/2065 | 4519425 |
| 5896733 | &nbsp;&nbsp;&nbsp;Series 2025-NQM2-A1 | 5.57 %<sup>(a)(b)</sup> | 09/25/2065 | 5922341 |
|  | JP Morgan Reremic |  |  |  |
| 5562980 | &nbsp;&nbsp;&nbsp;Series 2014-4-1C | 0.00 %<sup>(a)(b)</sup> | 01/26/2036 | 1548541 |
|  | Legacy Mortgage Asset Trust |  |  |  |
| 2360577 | &nbsp;&nbsp;&nbsp;Series 2021-GS1-A1 | 5.89 %<sup>(a)(c)</sup> | 10/25/2066 | 2362171 |
|  | Lehman Mortgage Trust |  |  |  |
| 180963 | &nbsp;&nbsp;&nbsp;Series 2006-1-1A3 | 5.50% | 02/25/2036 | 83803 |
|  | Lehman XS Trust |  |  |  |
| 8430068 | &nbsp;&nbsp;&nbsp;Series 2007-15N-3A1 (1 mo. Term SOFR + 0.36%, 0.25% Floor) | 4.68% | 08/25/2047 | 7024629 |
|  | Long Beach Mortgage Loan Trust |  |  |  |
| 15410419 | &nbsp;&nbsp;&nbsp;Series 2006-11-2A2 (1 mo. Term SOFR + 0.31%, 0.20% Floor) | 4.63% | 12/25/2036 | 5293427 |
| 9291086 | &nbsp;&nbsp;&nbsp;Series 2006-2-2A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor) | 4.81% | 03/25/2046 | 3285636 |
|  | Mastr Adjustable Rate Mortgages Trust |  |  |  |
| 67831 | &nbsp;&nbsp;&nbsp;Series 2006-2-2A1 | 7.35 %<sup>(b)</sup> | 04/25/2036 | 31955 |
| 1087669 | &nbsp;&nbsp;&nbsp;Series 2006-OA2-4A1A (12 Month US Treasury Average + 0.85%, 0.85% Floor) | 5.25% | 12/25/2046 | 1026800 |
|  | Merrill Lynch Alternative Note Asset |  |  |  |
| 330598 | &nbsp;&nbsp;&nbsp;Series 2007-F1-2A6 | 6.00% | 03/25/2037 | 109187 |
|  | Merrill Lynch Mortgage Investors, Inc. |  |  |  |
| 1162946 | &nbsp;&nbsp;&nbsp;Series 2006-AF1-AF2C | 6.25% | 08/25/2036 | 445674 |
| 34035195 | &nbsp;&nbsp;&nbsp;Series 2006-RM2-A1A (1 mo. Term SOFR + 0.48%, 0.37% Floor) | 4.80% | 05/25/2037 | 9585325 |
| 4223658 | &nbsp;&nbsp;&nbsp;Series 2007-HE2-A2A (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.67% | 02/25/2037 | 1193058 |
| 6531027 | &nbsp;&nbsp;&nbsp;Series 2007-HE2-A2B (1 mo. Term SOFR + 0.53%, 0.42% Floor) | 4.85% | 02/25/2037 | 1844751 |
|  | MFRA Trust |  |  |  |
| 3718888 | &nbsp;&nbsp;&nbsp;Series 2021-NQM2-A3 | 1.47 %<sup>(a)(b)</sup> | 11/25/2064 | 3298255 |
|  | Morgan Stanley Mortgage Loan Trust |  |  |  |
| 215343 | &nbsp;&nbsp;&nbsp;Series 2006-2-7A1 | 5.44 %<sup>(b)</sup> | 02/25/2036 | 120279 |
|  | Nomura Resecuritization Trust |  |  |  |
| 3104027 | &nbsp;&nbsp;&nbsp;Series 2015-8R-4A4 | 7.04 %<sup>(a)(b)</sup> | 11/25/2047 | 2668031 |
|  | Onslow Bay Mortgage Loan Trust |  |  |  |
| 357300 | &nbsp;&nbsp;&nbsp;Series 2020-EXP2-A3 | 2.50 %<sup>(a)(b)</sup> | 05/25/2060 | 303286 |
| 2662811 | &nbsp;&nbsp;&nbsp;Series 2021-NQM2-A3 | 1.56 %<sup>(a)(b)</sup> | 05/25/2061 | 2246962 |
| 5377300 | &nbsp;&nbsp;&nbsp;Series 2022-NQM1-A1 | 2.31 %<sup>(a)(b)</sup> | 11/25/2061 | 4820929 |
| 7724296 | &nbsp;&nbsp;&nbsp;Series 2024-NQM10-A1 | 6.18 %<sup>(a)(c)</sup> | 05/25/2064 | 7795929 |
| 7154305 | &nbsp;&nbsp;&nbsp;Series 2024-NQM13-A1 | 5.12 %<sup>(a)</sup> | 06/25/2064 | 7131748 |
| 13446640 | &nbsp;&nbsp;&nbsp;Series 2024-NQM16-A1 | 5.53 %<sup>(a)(c)</sup> | 10/25/2064 | 13473382 |
| 7886518 | &nbsp;&nbsp;&nbsp;Series 2024-NQM18-A1 | 5.41 %<sup>(a)(b)</sup> | 10/25/2064 | 7899143 |
| 4351593 | &nbsp;&nbsp;&nbsp;Series 2025-NQM7-A1 | 5.56 %<sup>(a)(c)</sup> | 05/25/2055 | 4382843 |
|  | Pretium Mortgage Credit Partners LLC |  |  |  |
| 3624471 | &nbsp;&nbsp;&nbsp;Series 2021-RN2-A1 | 4.74 %<sup>(a)(c)</sup> | 07/25/2051 | 3606770 |
|  | PRPM LLC |  |  |  |
| 26694065 | &nbsp;&nbsp;&nbsp;Series 2025-NQM2-A1 | 5.69 %<sup>(a)(c)</sup> | 04/25/2070 | 26861351 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | RALI Trust |  |  |  |
| 427438 | &nbsp;&nbsp;&nbsp;Series 2006-QS12-2A3 | 6.00% | 09/25/2036 | 346751 |
| 1033954 | &nbsp;&nbsp;&nbsp;Series 2007-QS4-3A4 | 6.00% | 03/25/2037 | 886101 |
| 1287526 | &nbsp;&nbsp;&nbsp;Series 2007-QS4-3A9 | 6.00% | 03/25/2037 | 1103384 |
| 953200 | &nbsp;&nbsp;&nbsp;Series 2007-QS8-A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 5.03% | 06/25/2037 | 705073 |
| 600150 | &nbsp;&nbsp;&nbsp;Series 2007-QS9-A33 | 6.50% | 07/25/2037 | 495798 |
|  | RASC Trust |  |  |  |
| 3746635 | &nbsp;&nbsp;&nbsp;Series 2004-KS7-A2A (1 mo. Term SOFR + 0.69%, 0.58% Floor) | 5.01% | 08/25/2034 | 3659981 |
|  | RBSSP Resecuritization Trust |  |  |  |
| 457689 | &nbsp;&nbsp;&nbsp;Series 2009-2-3A2 (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.94 %<sup>(a)</sup> | 04/26/2035 | 426499 |
|  | Residential Asset Securitization Trust |  |  |  |
| 690301 | &nbsp;&nbsp;&nbsp;Series 2006-A2-A11 | 6.00% | 01/25/2046 | 249411 |
| 2103573 | &nbsp;&nbsp;&nbsp;Series 2006-A6-1A4 | 6.00% | 07/25/2036 | 518013 |
|  | Residential Mortgage Loan Trust |  |  |  |
| 3034445 | &nbsp;&nbsp;&nbsp;Series 2019-2-M1 | 3.86 %<sup>(a)(b)</sup> | 05/25/2059 | 3011987 |
|  | RFMSI Trust |  |  |  |
| 3326951 | &nbsp;&nbsp;&nbsp;Series 2007-S1-A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 5.03% | 01/25/2037 | 2490127 |
|  | Securitized Asset Backed Receivables LLC |  |  |  |
| 5582100 | &nbsp;&nbsp;&nbsp;Series 2006-WM3-A1 (1 mo. Term SOFR + 0.21%, 0.10% Floor) | 4.53% | 10/25/2036 | 1854410 |
|  | Soundview Home Equity Loan Trust |  |  |  |
| 468541 | &nbsp;&nbsp;&nbsp;Series 2007-OPT3-2A3 (1 mo. Term SOFR + 0.29%, 0.18% Floor) | 4.61% | 08/25/2037 | 461574 |
|  | Starwood Mortgage Residential Trust |  |  |  |
| 8000000 | &nbsp;&nbsp;&nbsp;Series 2020-2-M1E | 3.00 %<sup>(a)</sup> | 04/25/2060 | 7826838 |
|  | Structured Adjustable Rate Mortgage Loan Trust |  |  |  |
| 911632 | &nbsp;&nbsp;&nbsp;Series 2005-22-4A1 | 5.50 %<sup>(b)</sup> | 12/25/2035 | 847792 |
|  | Velocity Commercial Capital Loan Trust |  |  |  |
| 2206758 | &nbsp;&nbsp;&nbsp;Series 2020-1-M2 | 2.98 %<sup>(a)(b)</sup> | 02/25/2050 | 1663585 |
| 2124803 | &nbsp;&nbsp;&nbsp;Series 2021-1-M2 | 2.26 %<sup>(a)(b)</sup> | 05/25/2051 | 1691888 |
| 1751335 | &nbsp;&nbsp;&nbsp;Series 2021-2-M2 | 2.20 %<sup>(a)(b)</sup> | 08/25/2051 | 1416028 |
| 9676095 | &nbsp;&nbsp;&nbsp;Series 2024-5-A | 5.49 %<sup>(a)(b)</sup> | 10/25/2054 | 9666095 |
|  | Vericrest Opportunity Loan Transferee |  |  |  |
| 953762 | &nbsp;&nbsp;&nbsp;Series 2021-NP10-A1 | 5.99 %<sup>(a)(c)</sup> | 05/25/2051 | 952896 |
| 2378774 | &nbsp;&nbsp;&nbsp;Series 2021-NP11-A1 | 4.87 %<sup>(a)(c)</sup> | 08/25/2051 | 2376902 |
| 263090 | &nbsp;&nbsp;&nbsp;Series 2021-NPL5-A1 | 6.12 %<sup>(a)(c)</sup> | 03/27/2051 | 263207 |
| 417829 | &nbsp;&nbsp;&nbsp;Series 2021-NPL6-A1 | 6.24 %<sup>(a)(c)</sup> | 04/25/2051 | 417730 |
| 2295697 | &nbsp;&nbsp;&nbsp;Series 2021-NPL8-A1 | 6.12 %<sup>(a)(c)</sup> | 04/25/2051 | 2296153 |
|  | Verus Securitization Trust |  |  |  |
| 106595 | &nbsp;&nbsp;&nbsp;Series 2020-4-A3 | 3.32 %<sup>(a)(c)</sup> | 05/25/2065 | 104927 |
| 12695651 | &nbsp;&nbsp;&nbsp;Series 2021-7-A1 | 1.83 %<sup>(a)(c)</sup> | 10/25/2066 | 11429476 |
| 950921 | &nbsp;&nbsp;&nbsp;Series 2021-R1-A3 | 1.26 %<sup>(a)(b)</sup> | 10/25/2063 | 921172 |
| 5430084 | &nbsp;&nbsp;&nbsp;Series 2024-3-A1 | 6.34 %<sup>(a)(c)</sup> | 04/25/2069 | 5493547 |
| 7000000 | &nbsp;&nbsp;&nbsp;Series 2025-5-A1 | 5.43 %<sup>(a)(c)</sup> | 06/25/2070 | 7075999 |
|  | WAMU Asset-Backed Certificates |  |  |  |
| 1526135 | &nbsp;&nbsp;&nbsp;Series 2007-HE4-2A3 (1 mo. Term SOFR + 0.28%, 0.28% Floor) | 4.60% | 07/25/2047 | 885182 |
|  | WaMu Mortgage Pass Through Certificates |  |  |  |
| 1793711 | &nbsp;&nbsp;&nbsp;Series 2005-AR4-A5 | 4.38 %<sup>(b)</sup> | 04/25/2035 | 1743491 |
| 9008493 | &nbsp;&nbsp;&nbsp;Series 2006-AR18-1A1 | 3.77 %<sup>(b)</sup> | 01/25/2037 | 7845262 |
|  | Washington Mutual Alternative Mortgage Pass-Through Certificates |  |  |  |
| 825248 | &nbsp;&nbsp;&nbsp;Series 2005-8-2CB3 (1 mo. Term SOFR + 0.52%, 0.41% Floor, 5.50% Cap) | 4.84% | 10/25/2035 | 781366 |
|  | Washington Mutual Asset-Backed Certificates |  |  |  |
| 5912041 | &nbsp;&nbsp;&nbsp;Series 2006-HE5-2A2 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.13% | 10/25/2036 | 2050368 |
| 2171184 | &nbsp;&nbsp;&nbsp;Series 2006-HE5-2A3 (1 mo. Term SOFR + 0.57%, 0.46% Floor) | 4.13% | 10/25/2036 | 754168 |
|  | Wells Fargo Alternative Loan Trust |  |  |  |
| 418507 | &nbsp;&nbsp;&nbsp;Series 2007-PA5-1A1 | 6.25% | 11/25/2037 | 376598 |
|  | Wells Fargo Mortgage Backed Securities Trust |  |  |  |
| 1041295 | &nbsp;&nbsp;&nbsp;Series 2007-15-A1 | 6.00% | 11/25/2037 | 1015938 |
| 4562389 | &nbsp;&nbsp;&nbsp;Series 2007-AR6-A2 | 7.00 %<sup>(b)</sup> | 10/25/2037 | 4497901 |
|  | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $544,089,985)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $544,089,985)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $544,089,985)** | **454676451** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **US CORPORATE BONDS - 10.5%** | **US CORPORATE BONDS - 10.5%** | **US CORPORATE BONDS - 10.5%** | **US CORPORATE BONDS - 10.5%** |  |
| 1901000 | AbbVie, Inc. | 4.88% | 03/15/2030 | 1947188 |
| 306000 | Agilent Technologies, Inc. | 4.20% | 09/09/2027 | 305949 |
| 2239000 | Aircastle Ltd. / Aircastle Ireland DAC | 5.25 %<sup>(a)</sup> | 03/15/2030 | 2258821 |
| 854000 | Altria Group, Inc. | 6.20% | 11/01/2028 | 901800 |
| 5110000 | American Electric Power Co., Inc. | 5.20% | 01/15/2029 | 5242388 |
| 3828000 | American Express Co.<br> (SOFR + 1.26%) | 4.73% | 04/25/2029 | 3872280 |
| 1659000 | American Homes 4 Rent LP | 4.25% | 02/15/2028 | 1649589 |
| 1271000 | American International Group, Inc. | 4.85% | 05/07/2030 | 1291859 |
| 1317000 | American National Group, Inc. | 5.75% | 10/01/2029 | 1349305 |
| 8312000 | American Tower Corp. | 4.90% | 03/15/2030 | 8433206 |
| 2691000 | Amrize Finance US LLC | 4.70 %<sup>(a)</sup> | 04/07/2028 | 2716172 |
| 2960000 | APA Corp. | 4.25 %<sup>(a)</sup> | 01/15/2030 | 2834964 |
| 2996000 | AppLovin Corp. | 5.13% | 12/01/2029 | 3035867 |
| 3404000 | Arrow Electronics, Inc. | 5.15% | 08/21/2029 | 3457742 |
| 4263000 | Athene Global Funding<br> (SOFR + 0.85%) | 5.24 %<sup>(a)</sup> | 05/08/2026 | 4276500 |
| 3914000 | Athene Global Funding | 4.72 %<sup>(a)</sup> | 10/08/2029 | 3907265 |
| 2523000 | Atlassian Corp. | 5.25% | 05/15/2029 | 2591397 |
| 565000 | Avery Dennison Corp. | 4.88% | 12/06/2028 | 573920 |
| 665000 | Aviation Capital Group LLC | 6.25 %<sup>(a)</sup> | 04/15/2028 | 693125 |
| 482000 | Bank of America Corp.<br> (SOFR + 1.75%) | 4.83% | 07/22/2026 | 482005 |
| 1837000 | Bank of America Corp.<br> (3 mo. Term SOFR + 1.32%) | 3.56% | 04/23/2027 | 1824059 |
| 5141000 | Bank of America Corp.<br> (SOFR + 0.83%) | 4.98% | 01/24/2029 | 5215620 |
| 2343000 | Biogen, Inc. | 5.05% | 01/15/2031 | 2386226 |
| 1554000 | Boardwalk Pipelines LP | 4.45% | 07/15/2027 | 1554001 |
| 1444000 | Broadcom, Inc. | 3.15% | 11/15/2025 | 1436538 |
| 1402000 | Broadcom, Inc. | 5.05% | 07/12/2029 | 1436210 |
| 1441000 | Broadcom, Inc. | 4.35% | 02/15/2030 | 1436048 |
| 744000 | Brown & Brown, Inc. | 4.70% | 06/23/2028 | 750501 |
| 867000 | Brown & Brown, Inc. | 4.50% | 03/15/2029 | 867126 |
| 2634000 | Bunge Ltd. Finance Corp. | 4.20% | 09/17/2029 | 2605400 |
| 8077000 | Capital One Financial Corp.<br> (SOFR + 2.16%) | 4.99% | 07/24/2026 | 8076757 |
| 2503000 | Cardinal Health, Inc. | 5.13% | 02/15/2029 | 2567614 |
| 1583000 | CenterPoint Energy, Inc. | 5.40% | 06/01/2029 | 1637023 |
| 1457000 | Charles Schwab Corp.<br> (SOFR + 1.05%) | 5.48% | 03/03/2027 | 1468770 |
| 2387000 | Cheniere Energy Partners LP | 4.50% | 10/01/2029 | 2362276 |
| 3276000 | Cheniere Energy, Inc. | 4.63% | 10/15/2028 | 3272416 |
| 4816000 | Citibank NA | 4.58% | 05/29/2027 | 4844218 |
| 2749000 | Citigroup, Inc.<br> (SOFR + 0.87%) | 4.79% | 03/04/2029 | 2769098 |
| 5874000 | Citigroup, Inc.<br> (SOFR + 1.34%) | 4.54% | 09/19/2030 | 5848595 |
| 850000 | CNA Financial Corp. | 3.90% | 05/01/2029 | 834333 |
| 3589000 | Corebridge Global Funding | 5.75 %<sup>(a)</sup> | 07/02/2026 | 3635397 |
| 344000 | Coterra Energy, Inc. | 3.90% | 05/15/2027 | 339822 |
| 222000 | Coterra Energy, Inc. | 4.38% | 03/15/2029 | 219937 |
| 3044000 | CRH SMW Finance DAC | 5.13% | 01/09/2030 | 3122413 |
| 1690000 | CubeSmart LP | 4.38% | 02/15/2029 | 1680826 |
| 1502000 | Darden Restaurants, Inc. | 4.35% | 10/15/2027 | 1505387 |
| 751000 | DCP Midstream Operating LP | 5.13% | 05/15/2029 | 763212 |
| 5322000 | Dell International LLC / EMC Corp. | 4.35% | 02/01/2030 | 5276558 |
| 4812000 | Delta Air Lines, Inc. | 4.95% | 07/10/2028 | 4842614 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 814000 | Devon Energy Corp. | 5.25% | 10/15/2027 | 815849 |
| 2770000 | Dominion Energy, Inc. | 5.00% | 06/15/2030 | 2828049 |
| 2968000 | DTE Energy Co. | 5.20% | 04/01/2030 | 3038618 |
| 3146000 | Edwards Lifesciences Corp. | 4.30% | 06/15/2028 | 3142066 |
| 3255000 | Energy Transfer LP | 6.05% | 12/01/2026 | 3324567 |
| 2464000 | Energy Transfer LP | 6.10% | 12/01/2028 | 2589319 |
| 348000 | EQT Corp. | 3.90% | 10/01/2027 | 343491 |
| 585000 | EQT Corp. | 7.00% | 02/01/2030 | 634461 |
| 3124000 | Equifax, Inc. | 4.80% | 09/15/2029 | 3151451 |
| 3454000 | Equinix, Inc. | 1.25% | 07/15/2025 | 3449571 |
| 1163000 | Essential Utilities, Inc. | 4.80% | 08/15/2027 | 1175660 |
| 139000 | Essential Utilities, Inc. | 3.57% | 05/01/2029 | 135022 |
| 4715000 | Evergy Kansas Central, Inc. | 4.70% | 03/13/2028 | 4770951 |
| 1659000 | Exelon Corp. | 5.15% | 03/15/2029 | 1702771 |
| 4925000 | Extra Space Storage LP | 5.50% | 07/01/2030 | 5110619 |
| 995000 | FirstEnergy Transmission LLC | 4.55% | 01/15/2030 | 995976 |
| 3993000 | Fiserv, Inc. | 4.75% | 03/15/2030 | 4021572 |
| 1862000 | Foundry JV Holdco LLC | 5.90 %<sup>(a)</sup> | 01/25/2030 | 1946899 |
| 2579000 | GATX Corp. | 4.70% | 04/01/2029 | 2602052 |
| 164000 | GATX Corp. | 4.00% | 06/30/2030 | 159646 |
| 3179000 | GE HealthCare Technologies, Inc. | 4.80% | 08/14/2029 | 3226516 |
| 2880000 | Genuine Parts Co. | 4.95% | 08/15/2029 | 2925401 |
| 1275000 | Global Payments, Inc. | 5.30% | 08/15/2029 | 1298535 |
| 2374000 | Goldman Sachs Bank USA/New York NY<br> (SOFR + 0.77%) | 5.23% | 03/18/2027 | 2380337 |
| 3395000 | Hewlett Packard Enterprise Co. | 4.55% | 10/15/2029 | 3378806 |
| 200000 | HSBC USA, Inc.<br> (SOFR + 0.96%) | 5.39% | 03/04/2027 | 201141 |
| 928000 | Huntington Bancshares, Inc./OH<br> (SOFR + 1.28%) | 5.27% | 01/15/2031 | 951110 |
| 3059000 | Hyundai Capital America | 4.55 %<sup>(a)</sup> | 09/26/2029 | 3032485 |
| 1913000 | Icon Investments Six DAC | 5.81% | 05/08/2027 | 1953718 |
| 2104000 | Illumina, Inc. | 4.65% | 09/09/2026 | 2107053 |
| 6571000 | Jackson National Life Global Funding | 4.60 %<sup>(a)</sup> | 10/01/2029 | 6563521 |
| 2851000 | JPMorgan Chase & Co.<br> (SOFR + 0.92%) | 5.28% | 04/22/2028 | 2859752 |
| 5156000 | JPMorgan Chase & Co.<br> (SOFR + 0.80%) | 4.92% | 01/24/2029 | 5226499 |
| 2525000 | Kinder Morgan, Inc. | 5.00% | 02/01/2029 | 2565174 |
| 2105000 | Kyndryl Holdings, Inc. | 2.05% | 10/15/2026 | 2040557 |
| 3378000 | Laboratory Corp. of America Holdings | 4.35% | 04/01/2030 | 3356306 |
| 1632000 | LPL Holdings, Inc. | 4.63 %<sup>(a)</sup> | 11/15/2027 | 1629338 |
| 1346000 | M&T Bank Corp.<br> (SOFR + 0.93%) | 4.83% | 01/16/2029 | 1357363 |
| 250000 | Manufacturers & Traders Trust Co. | 4.65% | 01/27/2026 | 250024 |
| 3129000 | Marriott International, Inc./MD | 4.80% | 03/15/2030 | 3160029 |
| 5536000 | Mars, Inc. | 4.80 %<sup>(a)</sup> | 03/01/2030 | 5611090 |
| 2446000 | Marvell Technology, Inc. | 5.75% | 02/15/2029 | 2547433 |
| 1904000 | Marvell Technology, Inc. | 4.75% | 07/15/2030 | 1912999 |
| 4869000 | MasTec, Inc. | 4.50 %<sup>(a)</sup> | 08/15/2028 | 4805526 |
| 3532000 | Merck Sharp & Dohme Corp. | 5.95% | 12/01/2028 | 3747088 |
| 2557000 | Meritage Homes Corp. | 5.13% | 06/06/2027 | 2588027 |
| 333000 | Meritage Homes Corp. | 3.88 %<sup>(a)</sup> | 04/15/2029 | 321108 |
| 373000 | Microchip Technology, Inc. | 4.25% | 09/01/2025 | 372584 |
| 555000 | Microchip Technology, Inc. | 5.05% | 03/15/2029 | 564001 |
| 6314400 | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd. | 6.50 %<sup>(a)</sup> | 06/20/2027 | 6326631 |
| 3551000 | Molex Electronic Technologies LLC | 4.75 %<sup>(a)</sup> | 04/30/2028 | 3573941 |
| 2533000 | MPLX LP | 4.80% | 02/15/2029 | 2558266 |
| 2335000 | National Fuel Gas Co. | 5.50% | 03/15/2030 | 2401099 |
| 1795000 | National Rural Utilities Cooperative Finance Corp. | 4.75% | 02/07/2028 | 1818853 |
| 3116000 | National Securities Clearing Corp. | 4.70 %<sup>(a)</sup> | 05/20/2030 | 3169321 |
| 339000 | New York Life Global Funding<br> (SOFR + 0.48%) | 4.92 %<sup>(a)</sup> | 06/09/2026 | 339581 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 418000 | New York Life Global Funding | 4.70 %<sup>(a)</sup> | 01/29/2029 | 423672 |
| 4684000 | NextEra Energy Capital Holdings, Inc. | 5.05% | 03/15/2030 | 4795061 |
| 3211000 | NGPL PipeCo LLC | 4.88 %<sup>(a)</sup> | 08/15/2027 | 3195635 |
| 3167000 | Niagara Mohawk Power Corp. | 4.65 %<sup>(a)</sup> | 10/03/2030 | 3167000 |
| 1370000 | NiSource, Inc. | 5.25% | 03/30/2028 | 1402906 |
| 1093000 | NiSource, Inc. | 5.20% | 07/01/2029 | 1122553 |
| 2606000 | Northrop Grumman Corp. | 4.65% | 07/15/2030 | 2629656 |
| 1417000 | Omega Healthcare Investors, Inc. | 4.75% | 01/15/2028 | 1423993 |
| 2297000 | ONEOK, Inc. | 5.38% | 06/01/2029 | 2346934 |
| 2614000 | ONEOK, Inc. | 4.40% | 10/15/2029 | 2595049 |
| 3118000 | Oracle Corp. | 5.80% | 11/10/2025 | 3130801 |
| 1545000 | O'Reilly Automotive, Inc. | 5.75% | 11/20/2026 | 1572881 |
| 314000 | Pacific Life Global Funding II<br> (SOFR + 0.62%) | 5.05 %<sup>(a)</sup> | 06/04/2026 | 315105 |
| 1381000 | Paychex, Inc. | 5.10% | 04/15/2030 | 1415031 |
| 1657000 | PayPal Holdings, Inc. | 4.45% | 03/06/2028 | 1670795 |
| 4979000 | Penske Truck Leasing Co. Lp / PTL Finance Corp. | 5.25 %<sup>(a)</sup> | 02/01/2030 | 5097859 |
| 649000 | Pinnacle West Capital Corp. | 4.90% | 05/15/2028 | 658279 |
| 2383000 | Public Service Enterprise Group, Inc. | 5.85% | 11/15/2027 | 2467247 |
| 2699000 | Public Service Enterprise Group, Inc. | 5.88% | 10/15/2028 | 2825959 |
| 3172000 | Quanta Services, Inc. | 4.75% | 08/09/2027 | 3199855 |
| 3328000 | Quest Diagnostics, Inc. | 4.20% | 06/30/2029 | 3314844 |
| 2551000 | Rentokil Terminix Funding LLC | 5.00 %<sup>(a)</sup> | 04/28/2030 | 2569924 |
| 4713000 | Republic Services, Inc. | 4.75% | 07/15/2030 | 4803536 |
| 184000 | Ryder System, Inc. | 5.25% | 06/01/2028 | 188866 |
| 731000 | Ryder System, Inc. | 4.95% | 09/01/2029 | 744211 |
| 3032000 | Santander Holdings USA, Inc.<br> (SOFR + 1.61%) | 5.47% | 03/20/2029 | 3083492 |
| 1302000 | Sherwin-Williams Co. | 4.55% | 03/01/2028 | 1313694 |
| 3135000 | Solventum Corp. | 5.45% | 02/25/2027 | 3187447 |
| 1635000 | Sonoco Products Co. | 4.45% | 09/01/2026 | 1633774 |
| 1531000 | Southern Co. | 5.15% | 10/06/2025 | 1532757 |
| 1285000 | Sun Communities Operating LP | 2.30% | 11/01/2028 | 1203036 |
| 2568000 | Sysco Corp. | 5.10% | 09/23/2030 | 2632261 |
| 1520000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp. | 6.50% | 07/15/2027 | 1521022 |
| 4065000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp. | 6.88% | 01/15/2029 | 4146664 |
| 4135000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp. | 5.50% | 03/01/2030 | 4197466 |
| 1325000 | The Campbell's Co. | 5.20% | 03/19/2027 | 1344203 |
| 4259000 | Truist Financial Corp.<br> (SOFR + 2.45%) | 7.16% | 10/30/2029 | 4607727 |
| 1236000 | Uber Technologies, Inc. | 6.25 %<sup>(a)</sup> | 01/15/2028 | 1242673 |
| 1640000 | Veralto Corp. | 5.50% | 09/18/2026 | 1659979 |
| 1414000 | Veralto Corp. | 5.35% | 09/18/2028 | 1458105 |
| 3287000 | VICI Properties LP / VICI Note Co., Inc. | 4.25 %<sup>(a)</sup> | 12/01/2026 | 3268106 |
| 5101000 | Wells Fargo & Co.<br> (SOFR + 1.07%) | 5.43% | 04/22/2028 | 5137092 |
| 2422000 | Wells Fargo & Co.<br> (SOFR + 1.79%) | 6.30% | 10/23/2029 | 2560202 |
| 391000 | Western Midstream Operating LP | 6.35% | 01/15/2029 | 409489 |
| 2989000 | Western Midstream Operating LP | 4.05% | 02/01/2030 | 2875738 |
| 3129000 | Williams Cos., Inc. | 4.80% | 11/15/2029 | 3166110 |
| 2022000 | Zimmer Biomet Holdings, Inc. | 4.70% | 02/19/2027 | 2033773 |
| 2981000 | Zimmer Biomet Holdings, Inc. | 5.05% | 02/19/2030 | 3056168 |
|  | **Total US Corporate Bonds (Cost $375,227,822)** | **Total US Corporate Bonds (Cost $375,227,822)** |  | **379808790** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 4.6%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 4.6%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 4.6%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 4.6%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 4.6%** |
|  | Federal Home Loan Mortgage Corp. |  |  |  |
| 4207001 | &nbsp;&nbsp;&nbsp;Pool SD5219 | 6.00% | 04/01/2054 | 4313707 |
| 2927614 | &nbsp;&nbsp;&nbsp;Pool SD6815 | 6.00% | 04/01/2054 | 2983787 |
| 5206462 | &nbsp;&nbsp;&nbsp;Pool SL0223 | 5.50% | 02/01/2055 | 5245105 |
| 4814520 | &nbsp;&nbsp;&nbsp;Pool SL0536 | 5.50% | 02/01/2055 | 4840571 |
| 1902215 | &nbsp;&nbsp;&nbsp;Series 3072-FB (30 day avg SOFR US + 0.66%, 0.55% Floor, 7.00% Cap) | 4.97% | 11/15/2035 | 1894627 |
| 194885 | &nbsp;&nbsp;&nbsp;Series 3417-SM (-1 x 30 day avg SOFR US + 6.17%, 0.00% Floor, 6.28% Cap) | 1.86 %<sup>(g)(i)</sup> | 02/15/2038 | 19689 |
| 3415509 | &nbsp;&nbsp;&nbsp;Series 4631-FA (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 11/15/2046 | 3348198 |
| 1615225 | &nbsp;&nbsp;&nbsp;Series 4917-FE (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap) | 4.87% | 10/25/2049 | 1575449 |
| 5439351 | &nbsp;&nbsp;&nbsp;Series 4990-FN (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap) | 4.77% | 05/25/2050 | 5223437 |
| 4556635 | &nbsp;&nbsp;&nbsp;Series 5473-DF (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap) | 5.46% | 11/25/2054 | 4533559 |
| 4302670 | &nbsp;&nbsp;&nbsp;Series 5475-FG (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap) | 5.46% | 11/25/2054 | 4288528 |
| 4092923 | &nbsp;&nbsp;&nbsp;Series 5480-FD (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap) | 5.66% | 03/25/2054 | 4103901 |
| 4760984 | &nbsp;&nbsp;&nbsp;Series 5524-AF (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 04/25/2055 | 4729687 |
| 4741215 | &nbsp;&nbsp;&nbsp;Series 5525-FA (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 04/25/2055 | 4733399 |
| 5618955 | &nbsp;&nbsp;&nbsp;Series 5536-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 05/25/2054 | 5610549 |
|  | Federal National Mortgage Association |  |  |  |
| 719689 | &nbsp;&nbsp;&nbsp;Pool AL2987 (1 yr. RFUCCT + 1.62%, 1.62% Floor, 7.31% Cap) | 7.01% | 11/01/2042 | 744762 |
| 473000 | &nbsp;&nbsp;&nbsp;Pool BM3520 (1 yr. RFUCCT + 1.56%, 1.56% Floor, 6.96% Cap) | 6.61% | 05/01/2045 | 491030 |
| 5187800 | &nbsp;&nbsp;&nbsp;Pool CB9973 | 5.50% | 02/01/2055 | 5231910 |
| 4855099 | &nbsp;&nbsp;&nbsp;Pool CB9999 | 6.00% | 02/01/2055 | 5011613 |
| 6385276 | &nbsp;&nbsp;&nbsp;Pool FA1444 | 5.50% | 04/01/2055 | 6400076 |
| 4178109 | &nbsp;&nbsp;&nbsp;Pool FS6084 | 6.00% | 10/01/2053 | 4281380 |
| 5103098 | &nbsp;&nbsp;&nbsp;Pool FS7622 | 5.50% | 04/01/2054 | 5146029 |
| 117922 | &nbsp;&nbsp;&nbsp;Pool MA1200 | 3.00% | 10/01/2032 | 113703 |
| 3726302 | &nbsp;&nbsp;&nbsp;Pool MA5086 | 5.00% | 07/01/2043 | 3743897 |
| 3706912 | &nbsp;&nbsp;&nbsp;Pool MA5112 | 5.00% | 08/01/2043 | 3717453 |
| 1760486 | &nbsp;&nbsp;&nbsp;Series 2014-10-KF (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap) | 4.87% | 03/25/2044 | 1739353 |
| 1482765 | &nbsp;&nbsp;&nbsp;Series 2016-8-FA (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap) | 4.87% | 03/25/2046 | 1460844 |
| 5275822 | &nbsp;&nbsp;&nbsp;Series 2019-25-SB (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap) | 1.63 %<sup>(g)(i)</sup> | 06/25/2049 | 588265 |
| 2555480 | &nbsp;&nbsp;&nbsp;Series 2019-49-FB (30 day avg SOFR US + 0.59%, 0.48% Floor, 6.50% Cap) | 4.90% | 09/25/2049 | 2476847 |
| 3414055 | &nbsp;&nbsp;&nbsp;Series 2020-34-F (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap) | 4.87% | 06/25/2050 | 3297801 |
| 18783486 | &nbsp;&nbsp;&nbsp;Series 2020-M49-1A1 | 1.30 %<sup>(b)</sup> | 11/25/2030 | 17467943 |
| 2640105 | &nbsp;&nbsp;&nbsp;Series 2023-M4-A1 | 3.89 %<sup>(b)</sup> | 09/25/2032 | 2616200 |
| 3724652 | &nbsp;&nbsp;&nbsp;Series 2024-82-FH (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap) | 5.46% | 11/25/2054 | 3707567 |
| 1895785 | &nbsp;&nbsp;&nbsp;Series 2024-90-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 12/25/2054 | 1911212 |
| 3087628 | &nbsp;&nbsp;&nbsp;Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap) | 5.76% | 12/25/2054 | 3107530 |
| 4616803 | &nbsp;&nbsp;&nbsp;Series 2024-95-FC (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap) | 5.71% | 12/25/2054 | 4636320 |
| 5001095 | &nbsp;&nbsp;&nbsp;Series 2025-15-FQ (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 04/25/2055 | 4990163 |
| 4757264 | &nbsp;&nbsp;&nbsp;Series 2025-26-FK (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 06/25/2054 | 4749665 |
| 5109789 | &nbsp;&nbsp;&nbsp;Series 2025-28-FM (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap) | 5.56% | 04/25/2055 | 5110441 |
| 3947822 | &nbsp;&nbsp;&nbsp;Series 2025-42-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 06/25/2055 | 3984487 |
|  | FREMF Mortgage Trust |  |  |  |
| 2433468 | &nbsp;&nbsp;&nbsp;Series 2016-KF18-B (30 day avg SOFR US + 5.61%, 5.50% Floor) | 9.93 %<sup>(a)</sup> | 05/25/2026 | 2421819 |
| 124762277 | &nbsp;&nbsp;&nbsp;Series 2017-K67-X2B | 0.10 %<sup>(a)(g)</sup> | 09/25/2049 | 234004 |
| 2481119 | &nbsp;&nbsp;&nbsp;Series 2017-KF30-B (30 day avg SOFR US + 3.36%, 3.25% Floor) | 7.68 %<sup>(a)</sup> | 03/25/2027 | 2457022 |
| 878676 | &nbsp;&nbsp;&nbsp;Series 2019-KF69-B (30 day avg SOFR US + 2.41%, 2.30% Floor) | 6.73 %<sup>(a)</sup> | 08/25/2029 | 844403 |
|  | Government National Mortgage Association |  |  |  |
| 1756603 | &nbsp;&nbsp;&nbsp;Series 2016-121-JF (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.50% Cap) | 4.83% | 09/20/2046 | 1716598 |
| 2418186 | &nbsp;&nbsp;&nbsp;Series 2022-183-B | 5.00% | 04/20/2047 | 2480332 |
| 2483106 | &nbsp;&nbsp;&nbsp;Series 2024-25-AF (30 day avg SOFR US + 0.51%, 0.51% Floor, 6.50% Cap) | 4.83% | 02/20/2049 | 2344325 |
|  | **Total US Government and Agency Mortgage Backed Obligations (Cost $168,675,674)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $168,675,674)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $168,675,674)** | **166669187** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **US GOVERNMENT AND AGENCY OBLIGATIONS - 25.2%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 25.2%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 25.2%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 25.2%** |  |
| 10339810 | United States Treasury Inflation Indexed Bonds | 2.38% | 01/15/2027 | 10514168 |
| 15111194 | United States Treasury Inflation Indexed Bonds | 0.13% | 04/15/2027 | 14796741 |
| 7688803 | United States Treasury Inflation Indexed Bonds | 1.63% | 10/15/2027 | 7785817 |
| 101450000 | United States Treasury Note/Bond | 0.38% | 12/31/2025 | 99532845 |
| 80500000 | United States Treasury Note/Bond | 0.38% | 01/31/2026 | 78731764 |
| 136700000 | United States Treasury Note/Bond | 0.75% | 03/31/2026 | 133337662 |
| 51800000 | United States Treasury Note/Bond | 0.75% | 05/31/2026 | 50278832 |
| 80400000 | United States Treasury Note/Bond | 0.63% | 07/31/2026 | 77576578 |
| 93100000 | United States Treasury Note/Bond | 0.88% | 09/30/2026 | 89696031 |
| 61350000 | United States Treasury Note/Bond | 0.63% | 03/31/2027 | 58124332 |
| 4900000 | United States Treasury Note/Bond | 0.50% | 06/30/2027 | 4598822 |
| 210000000 | United States Treasury Note/Bond | 0.75% | 01/31/2028 | 194865235 |
| 100000000 | United States Treasury Note/Bond | 0.88% | 11/15/2030 | 85800781 |
|  | **Total US Government and Agency Obligations (Cost $902,831,661)** | **Total US Government and Agency Obligations (Cost $902,831,661)** | **Total US Government and Agency Obligations (Cost $902,831,661)** | **905639608** |
| **COMMON STOCKS - 0.0%<sup>(j)</sup>** | **COMMON STOCKS - 0.0%<sup>(j)</sup>** | **COMMON STOCKS - 0.0%<sup>(j)</sup>** |  |  |
| 9129 | Flame Aggregator - Series R<sup>(e)(k)</sup> |  |  | 182580 |
| 907 | Flame Aggregator - Series U<sup>(e)(k)</sup> |  |  | 18140 |
|  | **Total Common Stocks (Cost $20,580)** | **Total Common Stocks (Cost $20,580)** |  | **200720** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **SHORT TERM INVESTMENTS - 5.8%** | **SHORT TERM INVESTMENTS - 5.8%** | **SHORT TERM INVESTMENTS - 5.8%** | **SHORT TERM INVESTMENTS - 5.8%** |  |
| 42348854 | First American Government Obligations Fund - U | 4.28 %<sup>(l)</sup> |  | 42348854 |
| 42348854 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(l)</sup> |  | 42348854 |
| 42348855 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(l)</sup> |  | 42348855 |
| 80000000 | United States Treasury Bill | 0.00% | 07/31/2025 | 79723534 |
|  | **Total Short Term Investments (Cost $206,768,830)** | **Total Short Term Investments (Cost $206,768,830)** | **Total Short Term Investments (Cost $206,768,830)** | **206770097** |
|  | **Total Investments - 96.5% (Cost $3,691,795,956)** | **Total Investments - 96.5% (Cost $3,691,795,956)** |  | **3474798577** |
|  | **Other Assets in Excess of Liabilities - 3.5%** | **Other Assets in Excess of Liabilities - 3.5%** |  | **126744367** |
|  | **NET ASSETS - 100.0%** |  |  | $**3601542944** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Obligations | 25.2% |
| Collateralized Loan Obligations | 12.7% |
| Non-Agency Residential Collateralized Mortgage Obligations | 12.6% |
| Non-Agency Commercial Mortgage Backed Obligations | 11.3% |
| US Corporate Bonds | 10.5% |
| Asset Backed Obligations | 7.5% |
| Short Term Investments | 5.8% |
| US Government and Agency Mortgage Backed Obligations | 4.6% |
| Foreign Corporate Bonds | 3.8% |
| Bank Loans | 2.0% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 0.5% |
| Common Stocks | 0.0 %<sup>(j)</sup> |
| Other Assets and Liabilities | 3.5% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Obligations | 25.2% |
| Collateralized Loan Obligations | 12.7% |
| Non-Agency Residential Collateralized Mortgage Obligations | 12.6% |
| Non-Agency Commercial Mortgage Backed Obligations | 11.3% |
| Asset Backed Obligations | 7.5% |
| Short Term Investments | 5.8% |
| US Government and Agency Mortgage Backed Obligations | 4.6% |
| Banking | 3.1% |
| Energy | 1.8% |
| Utilities | 1.6% |
| Technology | 1.4% |
| Healthcare | 0.9% |
| Transportation | 0.7% |
| Finance | 0.7% |
| Insurance | 0.7% |
| Aerospace & Defense | 0.6% |
| Food Products | 0.5% |
| Hotels/Motels/Inns and Casinos | 0.4% |
| Media | 0.4% |
| Mining | 0.3% |
| Construction | 0.3% |
| Telecommunications | 0.3% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 0.3% |
| Real Estate | 0.3% |
| Commercial Services | 0.3% |
| Retailers (other than Food/Drug) | 0.2% |
| Industrial Equipment | 0.2% |
| Beverage and Tobacco | 0.2% |
| Pharmaceuticals | 0.2% |
| Consumer Products | 0.2% |
| Electronics/Electric | 0.2% |
| Chemicals/Plastics | 0.2% |
| Diversified Manufacturing | 0.2% |
| Environmental Control | 0.1% |
| Containers and Glass Products | 0.1% |
| Business Equipment and Services | 0.1% |
| Automotive | 0.1% |
| Building and Development (including Steel/Metals) | 0.1% |
| IT Services | 0.1% |
| Food Service | 0.0 %<sup>(j)</sup> |
| Conglomerates | 0.0 %<sup>(j)</sup> |
| Financials | 0.0 %<sup>(j)</sup> |
| Other Assets and Liabilities | 3.5% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $1,484,287,925 or 41.2% of the Fund's net assets.** 

**(b)** **Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.** 

**(c)** **Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.** 

**(d)** **Security is in default or has failed to make a scheduled payment. Income is not being accrued.** 

**(e)** **Value determined using significant unobservable inputs.** 

**(f)** **Perpetual maturity. The date disclosed is the next call date of the security.** 

**(g)** **Interest only security** 

**(h)** **Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.** 

**(i)** **Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.** 

**(j)** **Represents less than 0.05% of net assets.** 

**(k)** **Non-income producing security.** 

**(l)** **Seven-day yield as of period end.** 

---

| | |
|:---|:---|
| **CMT** | **Constant Maturity Treasury Rate** |
| **RFUCCT** | **Refinitiv USD IBOR Consumer Cash Fallbacks** |
| **SOFR** | **Secured Overnight Financing Rate** |

---

**Swap Agreements**

**Excess Return Swaps**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Entity** | **Counterparty** | **Long/ Short** | **Financing Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount** | **Value** | **Upfront Premiums Paid/ (Received)** | **Unrealized Appreciation (Depreciation)** |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 05/06/2026 | $80000000 | $12138058 | $– $| 12138058 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 08/28/2025 | 100000000 | 9383974 | – | 9383974 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 08/20/2025 | 83000000 | 7932187 | – | 7932187 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.40% | Termination | 07/09/2025 | 80000000 | 7463062 | – | 7463062 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 07/31/2025 | 72000000 | 7130074 | – | 7130074 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 08/06/2025 | 83000000 | 6787100 | – | 6787100 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 07/23/2025 | 98000000 | 6037637 | – | 6037637 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.40% | Termination | 09/05/2025 | 71000000 | 4991679 | – | 4991679 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 01/15/2026 | 110000000 | 4692588 | – | 4692588 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.40% | Termination | 08/15/2025 | 43000000 | 4670607 | – | 4670607 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.40% | Termination | 07/18/2025 | 55000000 | 4351633 | – | 4351633 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 01/21/2026 | 100000000 | 4261250 | – | 4261250 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.40% | Termination | 09/26/2025 | 70000000 | 4152457 | – | 4152457 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 05/27/2026 | 50000000 | 4040725 | – | 4040725 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.40% | Termination | 10/10/2025 | 85000000 | 4006966 | – | 4006966 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 11/06/2025 | 80000000 | 3998657 | – | 3998657 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 10/03/2025 | 85000000 | 3861611 | – | 3861611 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 10/16/2025 | 79000000 | 3800392 | – | 3800392 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Morgan Stanley | Long | 0.36% | Termination | 02/04/2026 | 70000000 | 3716234 | – | 3716234 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 05/20/2026 | 75000000 | 3677884 | – | 3677884 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 09/11/2025 | 52000000 | 3185763 | – | 3185763 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 10/29/2025 | 75000000 | 3083847 | – | 3083847 |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Entity** | **Counterparty** | **Long/ Short** | **Financing Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount** | **Value** | **Upfront Premiums Paid/ (Received)** | **Unrealized Appreciation (Depreciation)** |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 04/29/2026 | 90000000 | 2944006 | – | 2944006 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 05/14/2026 | 60000000 | 2701206 | – | 2701206 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Morgan Stanley | Long | 0.36% | Termination | 01/09/2026 | 60000000 | 2631680 | – | 2631680 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 12/24/2025 | 85000000 | 2436555 | – | 2436555 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 04/10/2026 | 50000000 | 2292412 | – | 2292412 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.40% | Termination | 09/19/2025 | 36000000 | 2175820 | – | 2175820 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.40% | Termination | 06/26/2026 | 85000000 | 2055830 | – | 2055830 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.40% | Termination | 10/24/2025 | 60000000 | 2023372 | – | 2023372 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 06/03/2026 | 92000000 | 1897255 | – | 1897255 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 06/12/2026 | 69000000 | 1775492 | – | 1775492 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 04/22/2026 | 55000000 | 1526046 | – | 1526046 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 02/12/2026 | 73000000 | 1005102 | – | 1005102 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 06/18/2026 | 55000000 | 641387 | – | 641387 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Morgan Stanley | Long | 0.36% | Termination | 04/03/2026 | 70000000 | 601335 | – | 601335 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 07/08/2026 | 92000000 | 540450 | – | 540450 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Morgan Stanley | Long | 0.36% | Termination | 03/04/2026 | 80000000 | 534046 | – | 534046 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 11/14/2025 | 45000000 | 216426 | – | 216426 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.39% | Termination | 02/19/2026 | 70000000 | 20453 | – | 20453 |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 12/03/2025 | 93000000 | (386629) | – | (386629) |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 03/18/2026 | 95000000 | (833425) | – | (833425) |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 03/11/2026 | 93000000 | (1093792) | – | (1093792) |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Entity** | **Counterparty** | **Long/ Short** | **Financing Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount** | **Value** | **Upfront Premiums Paid/ (Received)** | **Unrealized Appreciation (Depreciation)** |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 01/28/2026 | 100000000 | (1608877) |  | (1608877) |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Canadian Imperial Bank Of Commerce | Long | 0.40% | Termination | 12/12/2025 | 89000000 | (2064236) |  | (2064236) |
| Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index <sup>(1)</sup> | Bank of America Securities, Inc. | Long | 0.38% | Termination | 12/31/2025 | 90000000 | (2212554) | – | (2212554) |
|  |  |  |  |  |  |  | $137183745 | $– | $137183745 |

---

**(1)** **Shiller Barclays CAPE<sup>®</sup> US Sector II ER USD Index aims to provide notional long exposure to the top four United States equity sectors that are relatively undervalued, as defined by a modified version of the classic CAPE<sup>®</sup> Ratio (the "Relative CAPE<sup>®</sup> Indicator") and that possess relatively strong price momentum over the prior twelve months. Each U.S. equity sector is represented by an index of equity securities of companies in the relevant sector. Information on the sector constituents as of June 30, 2025, is available on the Barclays Capital, Inc. website at https://indices.cib.barclays/IM/12/en/indices/details.app;ticker=BXIICS2E.** 

---

| | |
|:---|:---|
| **DoubleLine Flexible Income Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **ASSET BACKED OBLIGATIONS - 6.3%** | **ASSET BACKED OBLIGATIONS - 6.3%** | **ASSET BACKED OBLIGATIONS - 6.3%** |  |  |
|  | Affirm, Inc. |  |  |  |
| 2250000 | &nbsp;&nbsp;Series 2024-X2-D | 6.08 %<sup>(a)</sup> | 12/17/2029 | 2267884 |
|  | Apollo Aviation Securitization Equity Trust |  |  |  |
| 910607 | &nbsp;&nbsp;Series 2022-1A-A | 6.00 %<sup>(a)</sup> | 05/16/2047 | 925988 |
| 1914324 | &nbsp;&nbsp;Series 2024-1A-B | 6.90 %<sup>(a)</sup> | 05/16/2049 | 1941680 |
| 2370958 | &nbsp;&nbsp;Series 2024-2A-B | 6.61 %<sup>(a)</sup> | 09/16/2049 | 2462157 |
| 2926521 | &nbsp;&nbsp;Series 2025-1A-B | 6.58 %<sup>(a)</sup> | 02/16/2050 | 2988399 |
|  | Arivo Acceptance Auto Loan Receivables Trust |  |  |  |
| 486346 | &nbsp;&nbsp;Series 2021-1A-C | 3.77 %<sup>(a)</sup> | 03/15/2027 | 486091 |
|  | Blue Stream Communications LLC |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2024-1A-B | 6.04 %<sup>(a)</sup> | 11/20/2054 | 1016712 |
| 1000000 | &nbsp;&nbsp;Series 2024-1A-C | 8.71 %<sup>(a)</sup> | 11/20/2054 | 1057245 |
|  | Business Jet Securities LLC |  |  |  |
| 1640667 | &nbsp;&nbsp;Series 2024-2A-C | 7.97 %<sup>(a)</sup> | 09/15/2039 | 1653219 |
|  | CAI International, Inc. |  |  |  |
| 594375 | &nbsp;&nbsp;Series 2020-1A-B | 3.50 %<sup>(a)</sup> | 09/25/2045 | 565007 |
|  | Castlelake Aircraft Securitization Trust |  |  |  |
| 2468915 | &nbsp;&nbsp;Series 2018-1-B | 5.30 %<sup>(a)</sup> | 06/15/2043 | 2292484 |
| 1946911 | &nbsp;&nbsp;Series 2025-1A-A | 5.78 %<sup>(a)</sup> | 02/15/2050 | 1989424 |
|  | Cloud Capital Holdco LP |  |  |  |
| 1850000 | &nbsp;&nbsp;Series 2024-2A-A2 | 5.92 %<sup>(a)</sup> | 11/22/2049 | 1861465 |
|  | Cologix Data Centers US Issuer LLC |  |  |  |
| 2250000 | &nbsp;&nbsp;Series 2021-1A-A2 | 3.30 %<sup>(a)</sup> | 12/26/2051 | 2178632 |
|  | Compass Datacenters LLC |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2024-1A-B | 7.00 %<sup>(a)</sup> | 02/25/2049 | 1543118 |
| 500000 | &nbsp;&nbsp;Series 2024-2A-B2 | 6.00 %<sup>(a)</sup> | 08/25/2049 | 505961 |
| 2500000 | &nbsp;&nbsp;Series 2025-1A-A3 | 5.85 %<sup>(a)</sup> | 02/25/2050 | 2525041 |
|  | Diamond Resorts Owner Trust |  |  |  |
| 390626 | &nbsp;&nbsp;Series 2021-1A-D | 3.83 %<sup>(a)</sup> | 11/21/2033 | 388231 |
|  | DigitalBridge Group, Inc. |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2023-1A-B | 5.75 %<sup>(a)</sup> | 09/15/2048 | 1999748 |
|  | Dividend Solar Loans LLC |  |  |  |
| 836332 | &nbsp;&nbsp;Series 2018-1-B | 4.29 %<sup>(a)</sup> | 07/20/2038 | 776213 |
| 574609 | &nbsp;&nbsp;Series 2018-2-B | 4.25 %<sup>(a)</sup> | 12/20/2038 | 530458 |
|  | European Wax Center, Inc. |  |  |  |
| 1940000 | &nbsp;&nbsp;Series 2022-1A-A2 | 5.50 %<sup>(a)</sup> | 03/15/2052 | 1913240 |
|  | ExteNet LLC |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2024-1A-C | 9.05 %<sup>(a)</sup> | 07/25/2054 | 1576178 |
|  | Falko Regional Aircraft Ltd. |  |  |  |
| 2889878 | &nbsp;&nbsp;Series 2021-1A-A | 5.75% | 04/15/2041 | 2875906 |
|  | GreenSky LLC |  |  |  |
| 600000 | &nbsp;&nbsp;Series 2024-2-D | 6.43 %<sup>(a)</sup> | 10/27/2059 | 608044 |
|  | Jersey Mike's Funding |  |  |  |
| 1845866 | &nbsp;&nbsp;Series 2019-1A-A2 | 4.43 %<sup>(a)</sup> | 02/15/2050 | 1831073 |
|  | JOL Air Ltd. |  |  |  |
| 687840 | &nbsp;&nbsp;Series 2019-1-B | 4.95 %<sup>(a)</sup> | 04/15/2044 | 682787 |
|  | Lendingpoint Asset Securitization Trust |  |  |  |
| 241856 | &nbsp;&nbsp;Series 2022-C-B | 7.46 %<sup>(a)</sup> | 02/15/2030 | 241898 |
|  | Loanpal Solar Loan Ltd. |  |  |  |
| 908516 | &nbsp;&nbsp;Series 2021-1GS-C | 3.50 %<sup>(a)</sup> | 01/20/2048 | 643452 |
|  | Luminace Issuer LLC |  |  |  |
| 721424 | &nbsp;&nbsp;Series 2024-1-A | 5.87 %<sup>(a)</sup> | 10/30/2031 | 719395 |
|  | Lunar Structured Aircraft Portfolio Notes |  |  |  |
| 2047207 | &nbsp;&nbsp;Series 2021-1-C | 5.68 %<sup>(a)</sup> | 10/15/2046 | 1984974 |
|  | MAPS Ltd. |  |  |  |
| 37883 | &nbsp;&nbsp;Series 2021-1A-C | 5.44 %<sup>(a)</sup> | 06/15/2046 | 37105 |
|  | Mariner Finance Issuance Trust |  |  |  |
| 2250000 | &nbsp;&nbsp;Series 2024-BA-A | 4.91 %<sup>(a)</sup> | 11/20/2038 | 2277955 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Marlette Funding Trust |  |  |  |
| 747271 | &nbsp;&nbsp;Series 2022-1A-D | 3.39 %<sup>(a)</sup> | 04/15/2032 | 733211 |
| 1931574 | &nbsp;&nbsp;Series 2022-3A-C | 6.89 %<sup>(a)</sup> | 11/15/2032 | 1938347 |
|  | Mosaic Solar Loans LLC |  |  |  |
| 2250503 | &nbsp;&nbsp;Series 2025-1A-A | 6.12 %<sup>(a)</sup> | 08/22/2050 | 2235833 |
|  | Pagaya AI Debt Selection Trust |  |  |  |
| 1318416 | &nbsp;&nbsp;Series 2021-3-C | 3.27 %<sup>(a)</sup> | 05/15/2029 | 1290093 |
| 629804 | &nbsp;&nbsp;Series 2024-1-A | 6.66 %<sup>(a)</sup> | 07/15/2031 | 633958 |
|  | QTS Issuer ABS I LLC |  |  |  |
| 2500000 | &nbsp;&nbsp;Series 2025-1A-B | 5.93 %<sup>(a)</sup> | 05/25/2055 | 2538998 |
|  | SSI ABS Issuer LLC |  |  |  |
| 750000 | &nbsp;&nbsp;Series 2025-1-A | 6.15 %<sup>(a)</sup> | 07/25/2065 | 752629 |
|  | Start/Bermuda |  |  |  |
| 1078251 | &nbsp;&nbsp;Series 2018-1-A | 4.09 %<sup>(a)</sup> | 05/15/2043 | 1078319 |
|  | Subway Funding LLC |  |  |  |
| 995000 | &nbsp;&nbsp;Series 2024-3A-A23 | 5.91 %<sup>(a)</sup> | 07/30/2054 | 987940 |
|  | Switch ABS Issuer LLC |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2024-1A-B | 6.50 %<sup>(a)</sup> | 03/25/2054 | 1518272 |
| 1000000 | &nbsp;&nbsp;Series 2024-2A-C | 10.03 %<sup>(a)</sup> | 06/25/2054 | 1037619 |
|  | Tesla Sustainable Energy Trust |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2024-1A-C | 6.25 %<sup>(a)</sup> | 06/21/2050 | 1502949 |
|  | Uniti Group LP |  |  |  |
| 2500000 | &nbsp;&nbsp;Series 2025-1A-B | 6.37 %<sup>(a)</sup> | 04/20/2055 | 2552413 |
|  | Upstart Pass-Through Trust Series |  |  |  |
| 158132 | &nbsp;&nbsp;Series 2021-ST3-A | 2.00 %<sup>(a)</sup> | 05/20/2027 | 157593 |
|  | Upstart Securitization Trust |  |  |  |
| 409603 | &nbsp;&nbsp;Series 2021-3-C | 3.28 %<sup>(a)</sup> | 07/20/2031 | 405599 |
| 2200329 | &nbsp;&nbsp;Series 2021-4-C | 3.19 %<sup>(a)</sup> | 09/20/2031 | 2169173 |
| 2850000 | &nbsp;&nbsp;Series 2024-1-B | 6.24 %<sup>(a)</sup> | 11/20/2034 | 2880680 |
| 2100000 | &nbsp;&nbsp;Series 2025-2-C | 6.02 %<sup>(a)</sup> | 06/20/2035 | 2121216 |
|  | Vivant Solar Financing V Parent LLC |  |  |  |
| 4116783 | &nbsp;&nbsp;Series 2018-1A-A | 4.73 %<sup>(a)</sup> | 04/30/2048 | 3911361 |
|  | Willis Lease Finance Corp. |  |  |  |
| 861332 | &nbsp;&nbsp;Series 2018-A-A | 4.75 %<sup>(a)(b)</sup> | 09/15/2043 | 858511 |
|  | **Total Asset Backed Obligations (Cost $78,328,562)** | **Total Asset Backed Obligations (Cost $78,328,562)** | **Total Asset Backed Obligations (Cost $78,328,562)** | **78651878** |
| **BANK LOANS - 10.8%** | **BANK LOANS - 10.8%** | **BANK LOANS - 10.8%** |  |  |
|  | 1261229 BC Ltd. |  |  |  |
| 325000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.25%, 0.00% Floor) | 10.56% | 10/08/2030 | 314158 |
|  | AAdvantage Loyalty IP Ltd. |  |  |  |
| 146250 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.52% | 04/20/2028 | 145507 |
| 540000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 05/28/2032 | 544185 |
|  | ABG Intermediate Holdings 2 LLC |  |  |  |
| 54588 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 12/21/2028 | 54626 |
|  | Access CIG LLC |  |  |  |
| 277302 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.38% | 08/18/2028 | 278927 |
|  | Acrisure LLC |  |  |  |
| 2155965 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 11/06/2030 | 2153432 |
| 360000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 06/21/2032 | 360000 |
|  | Acuris Finance US, Inc. |  |  |  |
| 555069 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor) | 8.05% | 02/16/2028 | 556284 |
|  | ADMI Corp. |  |  |  |
| 1106428 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.50% Floor) | 8.19% | 12/23/2027 | 1058022 |
| 270875 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.75%, 0.00% Floor) | 10.08% | 12/23/2027 | 263290 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | AI Aqua Merger Sub, Inc. |  |  |  |
| 2900981 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.32% | 07/31/2028 | 2900140 |
|  | Alera Group 2nd Lien T/L |  |  |  |
| 205000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.50%, 0.50% Floor) | 9.83% | 05/30/2033 | 209228 |
|  | Alera Group, Inc. |  |  |  |
| 540000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.58% | 05/28/2032 | 542228 |
|  | AlixPartners LLP |  |  |  |
| 283543 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.50% Floor) | 6.94% | 02/04/2028 | 284927 |
|  | Alliant Holdings Intermediate LLC |  |  |  |
| 408798 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.07% | 09/19/2031 | 409354 |
|  | Allied Universal Holdco LLC |  |  |  |
| 857807 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.50% Floor) | 8.18% | 05/15/2028 | 862863 |
|  | Allspring Buyer LLC |  |  |  |
| 612127 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.31% | 11/01/2030 | 616335 |
|  | Alpha Generation LLC |  |  |  |
| 850807 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 09/30/2031 | 850662 |
|  | Alterra Mountain Co. |  |  |  |
| 334440 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 08/17/2028 | 336530 |
| 187870 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 05/31/2030 | 188811 |
|  | Altice France SA |  |  |  |
| 388618 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.50%, 0.00% Floor) | 9.76% | 08/31/2028 | 353102 |
|  | Amentum Holdings, Inc. |  |  |  |
| 443758 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 09/29/2031 | 443758 |
|  | AmWINS Group, Inc. |  |  |  |
| 507450 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.75% Floor) | 6.58% | 01/30/2032 | 508196 |
|  | APi Group DE, Inc. |  |  |  |
| 185000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 01/03/2029 | 185251 |
|  | Apple Bidco LLC |  |  |  |
| 1363421 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 09/23/2031 | 1362569 |
|  | Applied Systems, Inc. |  |  |  |
| 125000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.80% | 02/23/2032 | 128484 |
|  | Apro LLC |  |  |  |
| 691483 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor) | 8.06% | 07/09/2031 | 690619 |
|  | Arches Buyer, Inc. |  |  |  |
| 368683 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor) | 7.68% | 12/06/2027 | 364604 |
|  | Ardonagh Group Finco Pty Ltd. |  |  |  |
| 37120 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.04% | 02/18/2031 | 36935 |
| 46368 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.04% | 02/18/2031 | 46136 |
| 38682 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 38488 |
| 246892 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 245658 |
| 103445 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 102928 |
| 249434 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 02/18/2031 | 248187 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Arsenal AIC Parent LLC |  |  |  |
| 114151 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 08/19/2030 | 114208 |
|  | Ascend Learning LLC |  |  |  |
| 1136961 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 12/11/2028 | 1138081 |
| 142340 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.85%, 0.50% Floor) | 10.18% | 12/10/2029 | 142874 |
|  | Aspire Bakeries T/L B |  |  |  |
| 393015 | &nbsp;&nbsp;Senior Secured Term Loan | 7.82 %<sup>(c)</sup> | 12/23/2030 | 393188 |
|  | AssuredPartners, Inc. |  |  |  |
| 2603080 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor) | 7.83% | 02/14/2031 | 2612542 |
|  | Asurion LLC |  |  |  |
| 295000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor) | 9.69% | 02/03/2028 | 282924 |
| 425351 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor) | 8.68% | 08/21/2028 | 421438 |
| 165000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor) | 9.69% | 01/22/2029 | 153514 |
| 210000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%) | 8.56% | 09/19/2030 | 204277 |
| 142088 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor) | 8.58% | 09/19/2030 | 138747 |
|  | AthenaHealth Group, Inc. |  |  |  |
| 2119311 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% | 02/15/2029 | 2119576 |
|  | Aveanna Healthcare LLC |  |  |  |
| 1147642 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.85%, 0.50% Floor) | 8.18% | 07/17/2028 | 1125768 |
| 118610 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.15%, 0.50% Floor) | 11.48% | 12/10/2029 | 116742 |
|  | Bally's Corp. |  |  |  |
| 344187 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.51%, 0.50% Floor) | 7.78% | 10/02/2028 | 305466 |
|  | Bausch + Lomb Corp. |  |  |  |
| 181763 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.33% | 09/29/2028 | 182141 |
| 1210000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%) | 8.57% | 01/15/2031 | 1213787 |
|  | BCP Renaissance Parent LLC |  |  |  |
| 262949 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.30% | 10/31/2028 | 264059 |
|  | BCP VI Summit Holdings LP |  |  |  |
| 525000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.83% | 01/30/2032 | 528972 |
|  | BCPE Empire Holdings, Inc. |  |  |  |
| 1087300 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.58% | 12/26/2030 | 1082407 |
|  | Beach Acquisition Bidco LLC |  |  |  |
| 330000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.25%) | 7.56% | 06/28/2032 | 332062 |
|  | Boxer Parent Co., Inc. |  |  |  |
| 1113374 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 07/30/2031 | 1107735 |
| 445533 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.00% Floor) | 10.08% | 07/30/2032 | 434676 |
|  | Brand Industrial Services, Inc. |  |  |  |
| 602903 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.50% Floor) | 8.78% | 08/01/2030 | 507081 |
|  | Brazos Delaware II LLC |  |  |  |
| 14626 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.31% | 02/11/2030 | 14668 |
|  | BroadStreet Partners, Inc. |  |  |  |
| 36172 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 06/16/2031 | 36256 |
| 370112 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 06/16/2031 | 370973 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Brown Group Holding LLC |  |  |  |
| 250000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%) | 6.82% | 07/01/2031 | 250583 |
| 123043 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor) | 6.83% | 07/01/2031 | 123308 |
| 341161 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor) | 6.83% | 07/01/2031 | 341896 |
|  | Burlington Coat Factory Warehouse Corp. |  |  |  |
| 154611 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 09/19/2031 | 154224 |
|  | Caesars Entertainment, Inc. |  |  |  |
| 360438 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.50% Floor) | 6.58% | 02/06/2031 | 360665 |
|  | Camelot US Acquisition LLC |  |  |  |
| 12490 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 01/31/2031 | 12376 |
| 589008 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 01/31/2031 | 583672 |
| 136599 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 01/31/2031 | 135362 |
| 490000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%) | 7.58% | 01/31/2031 | 490919 |
|  | Castle US Holding Corp. |  |  |  |
| 118365 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.36%, 0.00% Floor) | 8.84% | 05/31/2030 | 65175 |
|  | Cengage Learning, Inc. |  |  |  |
| 78419 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor) | 7.82% | 03/22/2031 | 78699 |
| 134436 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor) | 7.83% | 03/24/2031 | 134914 |
|  | Central Parent LLC |  |  |  |
| 263672 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.55% | 07/06/2029 | 220838 |
|  | Chariot Buyer LLC |  |  |  |
| 825109 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor) | 7.68% | 11/03/2028 | 827452 |
|  | Charter Next Generation, Inc. |  |  |  |
| 206396 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.75% Floor) | 7.06% | 12/02/2030 | 207364 |
|  | CHG Healthcare Services, Inc. |  |  |  |
| 1953529 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 09/29/2028 | 1962505 |
|  | Clarios Global LP |  |  |  |
| 511144 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 05/06/2030 | 510347 |
| 880000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 01/28/2032 | 881927 |
|  | Clearwater Analytics LLC |  |  |  |
| 400000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.52% | 04/21/2032 | 400500 |
|  | Cloud Software Group, Inc. |  |  |  |
| 690496 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 03/24/2031 | 692437 |
| 1739 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 03/24/2031 | 1744 |
|  | ClubCorp Holdings, Inc. |  |  |  |
| 680997 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor) | 9.56% | 09/18/2026 | 682699 |
| 546 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.00% Floor) | 9.56% | 09/18/2026 | 547 |
|  | Clydesdale Acquisition Holdings, Inc. |  |  |  |
| 313773 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.18%, 0.50% Floor) | 7.50% | 04/13/2029 | 313507 |
|  | CMG Media Corp. |  |  |  |
| 53935 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.60%, 0.00% Floor) | 7.90% | 06/18/2029 | 52410 |
|  | CNT Holdings I Corp. |  |  |  |
| 338177 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.75% Floor) | 6.78% | 11/08/2032 | 339393 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Colossus Acquireco LLC |  |  |  |
| 1455000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 1.75%) | 6.06% | 06/14/2032 | 1447179 |
|  | CommScope LLC |  |  |  |
| 841022 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 2.00% Floor) | 9.58% | 12/17/2029 | 852498 |
|  | Compass Power Generation LLC |  |  |  |
| 472601 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.56% | 04/16/2029 | 475850 |
|  | Construction Partners, Inc. |  |  |  |
| 477600 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 11/03/2031 | 479690 |
|  | CoreLogic, Inc. |  |  |  |
| 200166 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor) | 7.94% | 06/02/2028 | 198384 |
|  | Cornerstone Building Brands, Inc. |  |  |  |
| 380874 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor) | 7.66% | 04/12/2028 | 341200 |
| 49750 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.50% Floor) | 8.81% | 05/15/2031 | 42536 |
|  | Cornerstone OnDemand, Inc. |  |  |  |
| 235429 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor) | 8.19% | 10/16/2028 | 221525 |
|  | Corpay Technologies Operating Co. LLC |  |  |  |
| 868759 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 04/28/2028 | 869845 |
|  | Cotiviti, Inc. |  |  |  |
| 628017 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.07% | 05/01/2031 | 625859 |
| 530000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.07% | 03/29/2032 | 528124 |
|  | CPI Holdco B LLC |  |  |  |
| 323988 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 05/19/2031 | 323420 |
| 240000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 05/19/2031 | 240076 |
|  | CPPIB OVM Member US LLC |  |  |  |
| 238350 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 08/20/2031 | 238052 |
|  | CQP Holdco LP |  |  |  |
| 357307 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.50% Floor) | 6.30% | 12/31/2030 | 357768 |
|  | Creative Artists Agency LLC |  |  |  |
| 698159 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 10/01/2031 | 701028 |
|  | Crosby US Acquisition Corp. |  |  |  |
| 167706 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor) | 7.83% | 08/16/2029 | 168540 |
|  | Crown Finance US, Inc. |  |  |  |
| 692236 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor) | 9.57% | 12/02/2031 | 692928 |
|  | CSC Holdings LLC |  |  |  |
| 314197 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (Prime Rate + 1.50%, 0.00% Floor) | 9.00% | 04/15/2027 | 306512 |
| 315000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.81% | 01/18/2028 | 311240 |
|  | Cube A&D Buyer, Inc. |  |  |  |
| 685000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.52% | 10/20/2031 | 689494 |
|  | Curium Bidco Sarl |  |  |  |
| 65156 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 07/31/2029 | 65414 |
| 43889 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 07/31/2029 | 44063 |
| 19501 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 07/31/2029 | 19578 |
|  | Cyborg Oldco DC Holdings, Inc. |  |  |  |
| 98874 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.00%) | 8.33 %<sup>(d)(e)</sup> | 05/01/2026 |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Dexko Global, Inc. |  |  |  |
| 418376 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor) | 8.19% | 10/04/2028 | 401386 |
|  | DG Investment Intermediate Holdings 2, Inc. |  |  |  |
| 785530 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.75% Floor) | 7.94% | 03/31/2028 | 787957 |
| 45000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 6.86%, 0.75% Floor) | 11.19% | 03/29/2029 | 44845 |
|  | Directv Financing LLC |  |  |  |
| 49894 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.75% Floor) | 9.54% | 08/02/2027 | 50148 |
| 206025 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.51%, 0.75% Floor) | 9.79% | 08/02/2029 | 204807 |
|  | Dun & Bradstreet Corp. |  |  |  |
| 235358 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 01/18/2029 | 235447 |
|  | Dynasty Acquisition Co., Inc. |  |  |  |
| 281121 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 10/31/2031 | 281566 |
| 106929 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%) | 6.33% | 10/31/2031 | 107099 |
|  | EAB Global, Inc. |  |  |  |
| 844962 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 08/16/2030 | 831231 |
|  | Eagle Parent Corp. |  |  |  |
| 1042198 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 04/02/2029 | 1035251 |
| 100153 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 04/02/2029 | 99485 |
| 100153 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 04/02/2029 | 99485 |
|  | Ecovyst Catalyst Technologies LLC |  |  |  |
| 651406 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.28% | 06/12/2031 | 648266 |
| 251257 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.28% | 06/12/2031 | 250046 |
|  | Edelman Financial Engines Center LLC |  |  |  |
| 727918 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 04/07/2028 | 729538 |
| 190000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor) | 9.58% | 10/06/2028 | 191021 |
|  | Edgewater Generation LLC |  |  |  |
| 281743 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 08/01/2030 | 283177 |
|  | EG America LLC |  |  |  |
| 587367 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.00% Floor) | 8.58% | 02/07/2028 | 590774 |
|  | Eisner Advisory Group LLC |  |  |  |
| 359872 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor) | 8.33% | 02/28/2031 | 361896 |
|  | Element Materials Technology Group US Holdings, Inc. |  |  |  |
| 387798 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 06/25/2029 | 389494 |
|  | Ellucian Holdings, Inc. |  |  |  |
| 417633 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 10/08/2029 | 419134 |
| 30000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor) | 9.08% | 11/22/2032 | 30675 |
|  | Emrld Borrower LP |  |  |  |
| 417025 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 08/04/2031 | 416877 |
|  | Enviri Corp. |  |  |  |
| 418909 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.36%, 0.50% Floor) | 6.69% | 03/10/2028 | 415715 |
|  | Fertitta Entertainment LLC/NV |  |  |  |
| 1387786 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor) | 7.83% | 01/29/2029 | 1387841 |

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| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | FinThrive Software Intermediate Holdings, Inc. |  |  |  |
| 24414 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.32% | 12/18/2028 | 23799 |
| 40895 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 0.50% Floor) | 8.44% | 12/18/2028 | 37010 |
|  | First Advantage Holdings LLC |  |  |  |
| 780613 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 10/31/2031 | 781956 |
|  | Flutter Financing BV |  |  |  |
| 215000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.50% Floor) | 6.30% | 06/04/2032 | 215269 |
|  | Focus Financial Partners LLC |  |  |  |
| 1139490 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 09/15/2031 | 1138356 |
|  | Fortrea Holdings, Inc. |  |  |  |
| 15332 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.08% | 07/01/2030 | 13799 |
|  | Freeport LNG Investments LLLP |  |  |  |
| 669368 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.52% | 12/21/2028 | 670905 |
|  | Gainwell Acquisition Corp. |  |  |  |
| 1197389 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 0.10%, 0.75% Floor) | 8.40% | 10/01/2027 | 1156378 |
|  | Garda World Security Corp. |  |  |  |
| 783347 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.31% | 02/01/2029 | 785736 |
|  | GBT US III LLC |  |  |  |
| 278600 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.78% | 07/28/2031 | 279412 |
|  | GC Ferry Acquisition I, Inc. |  |  |  |
| 627813 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 3.50%) | 7.83% | 06/07/2032 | 617611 |
|  | Gen Digital, Inc. |  |  |  |
| 635000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 04/16/2032 | 634683 |
|  | GFL ES US LLC |  |  |  |
| 800000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.82% | 03/03/2032 | 801500 |
|  | GIP Pilot Acquisition Partners LP |  |  |  |
| 150994 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.28% | 10/04/2030 | 151686 |
|  | Gogo Intermediate Holdings LLC |  |  |  |
| 379496 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.75% Floor) | 8.19% | 04/28/2028 | 373449 |
|  | Golden State Foods LLC |  |  |  |
| 327533 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor) | 8.56% | 12/04/2031 | 329515 |
|  | Graham Packaging Co., Inc. |  |  |  |
| 449299 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 08/04/2027 | 450595 |
|  | Grant Thornton Advisors LLC |  |  |  |
| 402346 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 05/30/2031 | 402497 |
| 255000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 05/30/2031 | 255733 |
|  | Gray Media, Inc. |  |  |  |
| 375882 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor) | 7.44% | 12/01/2028 | 364904 |
|  | Great Outdoors Group LLC |  |  |  |
| 399781 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.75% Floor) | 7.58% | 01/23/2032 | 399845 |
|  | Hamilton Projects Acquiror LLC |  |  |  |
| 155000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 2.50%) | 6.81% | 05/30/2031 | 155711 |
| 90725 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%) | 7.33% | 05/30/2031 | 91141 |
|  | Helios Software Holdings, Inc. |  |  |  |
| 553340 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 07/18/2030 | 554665 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Herc Holdings, Inc. |  |  |  |
| 195000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.32% | 06/02/2032 | 195975 |
|  | Hexion Holdings Corp. |  |  |  |
| 711301 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor) | 8.31% | 03/15/2029 | 710632 |
|  | Hightower Holding LLC |  |  |  |
| 1575146 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.26% | 02/03/2032 | 1573838 |
|  | Hilcorp Energy I LP |  |  |  |
| 528675 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.31% | 02/11/2030 | 530327 |
|  | HomeServe USA Holding Corp. |  |  |  |
| 182688 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.32% | 10/21/2030 | 183088 |
|  | HUB International Ltd. |  |  |  |
| 800348 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.75% Floor) | 6.77% | 06/20/2030 | 803646 |
|  | Hunter Douglas, Inc. |  |  |  |
| 496795 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.55% | 01/20/2032 | 495657 |
|  | Husky Injection Molding Systems Ltd. |  |  |  |
| 485739 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.67% | 02/15/2029 | 487645 |
| 485739 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor) | 8.80% | 02/15/2029 | 487645 |
|  | iHeartCommunications, Inc. |  |  |  |
| 159200 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.89%, 0.00% Floor) | 10.22% | 05/01/2029 | 130212 |
|  | INEOS US Finance LLC |  |  |  |
| 1388710 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 8.68% | 02/19/2030 | 1334530 |
|  | INEOS US Petrochem LLC |  |  |  |
| 474000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor) | 8.78% | 03/29/2029 | 442597 |
| 324188 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor) | 8.58% | 10/07/2031 | 297037 |
|  | ION Trading Technologies Sarl |  |  |  |
| 220460 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 04/03/2028 | 220866 |
|  | Iron Mountain, Inc. |  |  |  |
| 433400 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 01/31/2031 | 433580 |
|  | Kaman Corp. |  |  |  |
| 88393 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/26/2032 | 88400 |
| 121184 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/26/2032 | 121194 |
| 106597 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/26/2032 | 106605 |
| 88180 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/26/2032 | 88187 |
| 121184 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% | 02/26/2032 | 121194 |
| 106597 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% | 02/26/2032 | 106605 |
| 88180 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% | 02/26/2032 | 88187 |
| 88393 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.08% | 02/26/2032 | 88400 |
|  | Kaseya, Inc. |  |  |  |
| 413963 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 03/22/2032 | 416065 |
|  | Kenan Advantage Group, Inc. |  |  |  |
| 360719 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 01/25/2029 | 356210 |
|  | Klockner Pentaplast of America, Inc. |  |  |  |
| 221332 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.98%, 0.50% Floor) | 9.23% | 02/09/2026 | 205364 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Kronos Acquisition Holdings, Inc. |  |  |  |
| 151951 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.30% | 07/08/2031 | 136604 |
|  | LBM Acquisition LLC |  |  |  |
| 1110779 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.75% Floor) | 8.16% | 06/06/2031 | 1041355 |
|  | LC Ahab US Bidco LLC |  |  |  |
| 675958 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.32% | 05/01/2031 | 676384 |
|  | Life Time, Inc. |  |  |  |
| 333325 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.78% | 11/05/2031 | 334617 |
|  | LifePoint Health, Inc. |  |  |  |
| 838291 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor) | 8.01% | 05/19/2031 | 830692 |
|  | Light & Wonder International, Inc. |  |  |  |
| 229165 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.50% Floor) | 6.56% | 04/16/2029 | 229651 |
|  | Lightning Power LLC |  |  |  |
| 342413 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.55% | 08/18/2031 | 343435 |
|  | Lumen Technologies, Inc. |  |  |  |
| 287800 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.46%, 2.00% Floor) | 6.79% | 04/16/2029 | 284743 |
|  | Lummus Technology Holdings V LLC |  |  |  |
| 446899 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%) | 7.33% | 12/31/2029 | 448785 |
|  | Madison IAQ LLC |  |  |  |
| 554340 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.50%, 0.50% Floor) | 6.76% | 06/21/2028 | 555380 |
| 355000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.51% | 05/06/2032 | 356404 |
|  | Madison Safety & Flow LLC |  |  |  |
| 233312 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 09/26/2031 | 234041 |
|  | Mavis Tire Express Services Topco Corp. |  |  |  |
| 164588 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.75% Floor) | 7.33% | 05/04/2028 | 164713 |
|  | McAfee Corp. |  |  |  |
| 725172 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.32% | 03/01/2029 | 705759 |
|  | Medline Borrower LP |  |  |  |
| 677183 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.50% Floor) | 6.58% | 10/23/2028 | 678724 |
|  | MH Sub I LLC |  |  |  |
| 852450 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.58% | 12/31/2031 | 742966 |
|  | Michaels Cos., Inc. |  |  |  |
| 397046 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.51%, 0.75% Floor) | 8.81% | 04/17/2028 | 333767 |
|  | Mister Car Wash Holdings, Inc. |  |  |  |
| 78391 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 03/27/2031 | 78636 |
|  | Mitchell International, Inc. |  |  |  |
| 710433 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.58% | 06/17/2031 | 710668 |
| 145000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor) | 9.58% | 06/17/2032 | 143224 |
|  | MITER Brands Acquisition Holdco, Inc. |  |  |  |
| 567891 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 03/28/2031 | 569828 |
|  | Motion Finco Sarl |  |  |  |
| 460078 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.80% | 11/30/2029 | 439089 |
|  | MX Holdings US, Inc. |  |  |  |
| 160000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 03/17/2032 | 160900 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Natgasoline LLC |  |  |  |
| 248438 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.50%, 0.00% Floor) | 9.83% | 03/29/2030 | 247506 |
|  | NEP Group, Inc. |  |  |  |
| 646711 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor) | 7.84% | 08/19/2026 | 597603 |
| 54552 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor) | 7.84% | 08/19/2026 | 50409 |
|  | Newfold Digital Holdings Group, Inc. |  |  |  |
| 195538 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.93%, 0.75% Floor) | 7.93% | 02/10/2028 | 105835 |
|  | Nouryon Finance BV |  |  |  |
| 74619 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.51% | 04/03/2028 | 75062 |
| 276685 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.51% | 04/03/2028 | 278328 |
|  | OneDigital Borrower LLC |  |  |  |
| 673200 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 07/02/2031 | 672991 |
| 142326 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.50% Floor) | 9.58% | 07/02/2032 | 142860 |
|  | Ontario Gaming GTA LP |  |  |  |
| 563213 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 08/01/2030 | 558550 |
|  | Opal US LLC |  |  |  |
| 1195000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.44% | 04/23/2032 | 1201352 |
|  | Ovg Business Services LLC |  |  |  |
| 647563 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 06/25/2031 | 645134 |
|  | Pacific Dental Services, Inc. |  |  |  |
| 439673 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.07% | 03/17/2031 | 440576 |
|  | Par Petroleum LLC |  |  |  |
| 83089 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.01% | 02/28/2030 | 82518 |
|  | Penn Entertainment, Inc. |  |  |  |
| 385129 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor) | 6.83% | 05/03/2029 | 386042 |
|  | Peraton Corp. |  |  |  |
| 610485 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor) | 8.18% | 02/01/2028 | 540661 |
|  | Perrigo Investments LLC |  |  |  |
| 177954 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 04/20/2029 | 178324 |
|  | PetSmart LLC |  |  |  |
| 709875 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor) | 8.18% | 02/14/2028 | 704107 |
|  | Phoenix Newco, Inc. |  |  |  |
| 800663 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor) | 6.83% | 11/15/2028 | 801788 |
|  | Polaris Newco LLC |  |  |  |
| 801091 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.86%, 0.50% Floor) | 8.29% | 06/05/2028 | 781785 |
|  | Pregis TopCo LLC |  |  |  |
| 574982 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.33% | 02/01/2029 | 577354 |
|  | Pretium PKG Holdings, Inc. |  |  |  |
| 74054 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor) | 9.29% | 10/02/2028 | 74093 |
| 2472 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor) | 9.29% | 10/02/2028 | 2473 |
| 65000 | &nbsp;&nbsp;Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.01%, 0.50% Floor) | 11.31% | 10/01/2029 | 11278 |
|  | Pretzel Parent T/L B |  |  |  |
| 139650 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.00% Floor) | 8.83% | 10/01/2031 | 138847 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Prime Security Services Borrower LLC |  |  |  |
| 735000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 1.75%) | 6.07% | 03/08/2032 | 730024 |
|  | Primo Brands Corp. |  |  |  |
| 1133193 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.50% Floor) | 6.55% | 03/31/2028 | 1138542 |
|  | Proofpoint, Inc. |  |  |  |
| 1763275 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.33% | 08/31/2028 | 1766431 |
|  | Quikrete Holdings, Inc. |  |  |  |
| 576319 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 03/19/2029 | 576847 |
| 69128 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 04/14/2031 | 69085 |
| 508725 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 02/10/2032 | 508661 |
|  | QXO Building Products, Inc. |  |  |  |
| 141667 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.28% | 04/30/2032 | 142811 |
|  | Radiology Partners, Inc. |  |  |  |
| 835000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 4.50%) | 8.82% | 06/30/2032 | 829259 |
|  | RealPage, Inc. |  |  |  |
| 293475 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.11%, 0.50% Floor) | 7.56% | 04/24/2028 | 291789 |
| 189525 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 04/24/2028 | 190064 |
|  | Sabre GLBL, Inc. |  |  |  |
| 138280 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor) | 7.94% | 12/17/2027 | 136403 |
| 152755 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor) | 7.94% | 12/17/2027 | 150682 |
| 261588 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.00%) | 10.43% | 11/15/2029 | 261588 |
| 94622 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.10%, 0.00% Floor) | 10.43% | 11/15/2029 | 90246 |
|  | Savor Acquisition, Inc. |  |  |  |
| 397500 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 02/19/2032 | 400388 |
|  | Sazerac Co., Inc. |  |  |  |
| 225000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 2.50%) | 6.82% | 06/25/2032 | 225281 |
|  | Sedgwick Claims Management Services, Inc. |  |  |  |
| 501213 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 07/31/2031 | 503581 |
|  | Select Medical Corp. |  |  |  |
| 313425 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 12/03/2031 | 314798 |
|  | Signia Aerospace LLC |  |  |  |
| 357028 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% | 12/11/2031 | 359260 |
| 292114 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% | 12/11/2031 | 293940 |
|  | Six Flags Entertainment Corp. |  |  |  |
| 268600 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 05/01/2031 | 269171 |
|  | Solenis Holdings Ltd. |  |  |  |
| 600470 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% | 06/23/2031 | 594603 |
|  | Sotera Health Holdings LLC |  |  |  |
| 640163 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.55% | 05/30/2031 | 643767 |
|  | Southern Veterinary Partners LLC |  |  |  |
| 713213 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.53% | 12/04/2031 | 714853 |
|  | Spin Holdco, Inc. |  |  |  |
| 150915 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.26%, 0.75% Floor) | 8.58% | 03/06/2028 | 132994 |
|  | Staples, Inc. |  |  |  |
| 218350 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.50% Floor) | 10.03% | 09/10/2029 | 202051 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Starwood Property Mortgage LLC |  |  |  |
| 97981 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 01/02/2030 | 98410 |
|  | Station Casinos LLC |  |  |  |
| 143188 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.33% | 03/14/2031 | 143603 |
|  | StubHub Holdco Sub LLC |  |  |  |
| 917751 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor) | 9.08% | 03/15/2030 | 893274 |
|  | SWF Holdings I Corp. |  |  |  |
| 197945 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 1.00% Floor) | 8.44% | 10/06/2028 | 152665 |
|  | Tamko Building Products LLC |  |  |  |
| 91250 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.03% | 09/20/2030 | 91592 |
| 91250 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.05% | 09/20/2030 | 91592 |
| 45169 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 09/20/2030 | 45338 |
| 44256 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 09/20/2030 | 44422 |
| 91250 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 09/20/2030 | 91592 |
|  | Team Health Holdings, Inc. |  |  |  |
| 404917 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.25%, 1.00% Floor) | 9.53% | 03/02/2027 | 403524 |
|  | Tecta America Corp. |  |  |  |
| 520000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor) | 7.33% | 02/18/2032 | 521789 |
|  | Tiger Acquisition LLC |  |  |  |
| 693613 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor) | 7.08% | 06/01/2028 | 696024 |
|  | Townsquare Media, Inc. |  |  |  |
| 149063 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor) | 9.32% | 02/19/2030 | 134902 |
|  | Trans Union LLC |  |  |  |
| 178200 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 06/24/2031 | 178626 |
|  | TransDigm, Inc. |  |  |  |
| 650085 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.80% | 02/28/2031 | 651973 |
| 441663 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.80% | 01/20/2032 | 442826 |
|  | Travelport Finance Luxembourg Sarl |  |  |  |
| 46397 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor) | 11.30% | 09/29/2028 | 36059 |
| 116202 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor) | 11.30% | 09/29/2028 | 90311 |
|  | TricorBraun Holdings, Inc. |  |  |  |
| 423062 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.36%, 0.50% Floor) | 7.69% | 03/03/2028 | 423100 |
|  | Trident TPI Holdings, Inc. |  |  |  |
| 874604 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor) | 8.05% | 09/18/2028 | 860505 |
|  | Trucordia Insurance Holdings LLC |  |  |  |
| 655000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%) | 7.56% | 06/17/2032 | 657047 |
|  | UFC Holdings LLC |  |  |  |
| 383075 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 11/21/2031 | 384941 |
|  | United Airlines, Inc. |  |  |  |
| 360487 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor) | 6.28% | 02/24/2031 | 361727 |
|  | United Natural Foods, Inc. |  |  |  |
| 146300 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor) | 9.08% | 05/01/2031 | 147763 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | United Talent Agency LLC |  |  |  |
| 138600 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.00% Floor) | 7.81% | 06/10/2032 | 139120 |
|  | Univision Communications, Inc. |  |  |  |
| 398052 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor) | 8.55% | 06/25/2029 | 397389 |
|  | Upbound Group, Inc. |  |  |  |
| 547226 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor) | 7.03% | 02/17/2028 | 549962 |
|  | Vantage Specialty Chemicals, Inc. |  |  |  |
| 743495 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.50% Floor) | 9.03% | 10/26/2026 | 721718 |
|  | Veritiv Operating Co. |  |  |  |
| 273909 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.30% | 11/30/2030 | 275210 |
|  | Vestis Corp. |  |  |  |
| 555531 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.58% | 02/24/2031 | 534699 |
|  | Victra Holdings LLC |  |  |  |
| 424136 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.75% Floor) | 8.55% | 03/29/2029 | 424800 |
|  | Virgin Media Bristol LLC |  |  |  |
| 500000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.28%, 0.00% Floor) | 7.37% | 03/31/2031 | 494290 |
|  | Vizient, Inc. |  |  |  |
| 310484 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.50% Floor) | 6.08% | 08/01/2031 | 311765 |
|  | Voyager Parent LLC |  |  |  |
| 1500000 | &nbsp;&nbsp;Senior Secured Term Loan (1 mo. Term SOFR + 4.75%) | 9.07% | 05/10/2032 | 1486665 |
|  | VT Topco, Inc. |  |  |  |
| 168269 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor) | 7.30% | 08/09/2030 | 168827 |
|  | Wand NewCo 3, Inc. |  |  |  |
| 1109343 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor) | 6.83% | 01/30/2031 | 1105671 |
|  | WaterBridge Midstream Operating LLC |  |  |  |
| 673761 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.01%, 0.00% Floor) | 9.31% | 06/27/2029 | 671955 |
|  | WaterBridge NDB Operating LLC |  |  |  |
| 263013 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor) | 8.30% | 05/10/2029 | 263341 |
|  | WEC US Holdings, Inc. |  |  |  |
| 461513 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 01/27/2031 | 462147 |
|  | WestJet Loyalty LP |  |  |  |
| 354940 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.55% | 02/14/2031 | 355428 |
|  | Whatabrands LLC |  |  |  |
| 1003321 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor) | 6.83% | 08/03/2028 | 1004886 |
|  | White Cap Supply Holdings LLC |  |  |  |
| 870625 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 10/31/2029 | 867199 |
|  | WhiteWater Matterhorn Holdings LLC |  |  |  |
| 160000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor) | 6.57% | 06/16/2032 | 160133 |
|  | WR Grace Holdings LLC |  |  |  |
| 418915 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.50% Floor) | 7.55% | 09/22/2028 | 420050 |
|  | Wyndham Hotels & Resorts, Inc. |  |  |  |
| 529650 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor) | 6.08% | 05/28/2030 | 532391 |
|  | Zayo Group Holdings, Inc. |  |  |  |
| 266026 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor) | 7.44% | 03/09/2027 | 253734 |
| 400000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%) | 8.58% | 03/09/2027 | 385208 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Zelis Payments Buyer, Inc. |  |  |  |
| 697049 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor) | 7.58% | 11/26/2031 | 694288 |
|  | Ziggo Financing Partnership |  |  |  |
| 100000 | &nbsp;&nbsp;Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.00% Floor) | 6.93% | 04/28/2028 | 97921 |
|  | **Total Bank Loans (Cost $135,966,187)** |  |  | **135643216** |
| **COLLATERALIZED LOAN OBLIGATIONS - 14.0%** | **COLLATERALIZED LOAN OBLIGATIONS - 14.0%** | **COLLATERALIZED LOAN OBLIGATIONS - 14.0%** |  |  |
|  | Aimco CDO |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2024-21A-D1 (3 mo. Term SOFR + 3.15%, 3.15% Floor) | 7.42 %<sup>(a)</sup> | 04/18/2037 | 1005664 |
|  | Anthelion Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2025-1A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor) | 0.00 %<sup>(a)</sup> | 07/20/2036 | 997500 |
|  | Bain Capital Credit CLO |  |  |  |
| 1250000 | &nbsp;&nbsp;Series 2021-7A-DR (3 mo. Term SOFR + 2.90%, 2.90% Floor) | 7.17 %<sup>(a)</sup> | 01/22/2035 | 1248936 |
| 1000000 | &nbsp;&nbsp;Series 2025-1A-D1 (3 mo. Term SOFR + 2.50%, 2.50% Floor) | 6.80 %<sup>(a)</sup> | 04/23/2038 | 1000104 |
|  | Blackstone, Inc. |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2018-1A-D (3 mo. Term SOFR + 2.76%, 0.00% Floor) | 7.02 %<sup>(a)</sup> | 04/15/2031 | 1523053 |
|  | BlueMountain CLO Ltd. |  |  |  |
| 3770000 | &nbsp;&nbsp;Series 2013-2A-DR (3 mo. Term SOFR + 3.16%, 0.00% Floor) | 7.43 %<sup>(a)</sup> | 10/22/2030 | 3738449 |
| 1000000 | &nbsp;&nbsp;Series 2016-3A-DR (3 mo. Term SOFR + 3.36%, 3.10% Floor) | 7.69 %<sup>(a)</sup> | 11/15/2030 | 984115 |
| 1000000 | &nbsp;&nbsp;Series 2017-2A-C (3 mo. Term SOFR + 3.26%, 0.00% Floor) | 7.53 %<sup>(a)</sup> | 10/20/2030 | 990587 |
| 2500000 | &nbsp;&nbsp;Series 2018-23A-D1R (3 mo. Term SOFR + 3.85%, 3.85% Floor) | 8.12 %<sup>(a)</sup> | 07/20/2037 | 2527117 |
|  | Canyon Capital CLO Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2012-1RA-D (3 mo. Term SOFR + 3.26%, 0.00% Floor) | 7.52 %<sup>(a)</sup> | 07/15/2030 | 1003463 |
| 2000000 | &nbsp;&nbsp;Series 2014-1A-CR (3 mo. Term SOFR + 3.01%, 2.75% Floor) | 7.29 %<sup>(a)</sup> | 01/30/2031 | 2006243 |
| 1000000 | &nbsp;&nbsp;Series 2022-1A-D (3 mo. Term SOFR + 3.20%, 3.20% Floor) | 7.46 %<sup>(a)</sup> | 04/15/2035 | 995816 |
|  | Canyon CLO |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2021-4A-E (3 mo. Term SOFR + 6.56%, 6.30% Floor) | 10.82 %<sup>(a)</sup> | 10/15/2034 | 1002966 |
|  | Carlyle Global Market Strategies |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2020-2A-CR (3 mo. Term SOFR + 3.46%, 3.20% Floor) | 7.74 %<sup>(a)</sup> | 01/25/2035 | 502141 |
| 1000000 | &nbsp;&nbsp;Series 2024-2A-D (3 mo. Term SOFR + 3.85%, 3.85% Floor) | 8.13 %<sup>(a)</sup> | 04/25/2037 | 1015236 |
| 500000 | &nbsp;&nbsp;Series 2024-4A-D (3 mo. Term SOFR + 3.20%, 3.20% Floor) | 7.47 %<sup>(a)</sup> | 07/20/2037 | 502876 |
|  | Cathedral Lake CLO Ltd. |  |  |  |
| 3500000 | &nbsp;&nbsp;Series 2021-8A-C (3 mo. Term SOFR + 2.88%, 2.62% Floor) | 7.15 %<sup>(a)</sup> | 01/20/2035 | 3516590 |
| 3500000 | &nbsp;&nbsp;Series 2021-8A-D1 (3 mo. Term SOFR + 3.68%, 3.42% Floor) | 7.95 %<sup>(a)</sup> | 01/20/2035 | 3540392 |
|  | Cent CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2018-27A-DR (3 mo. Term SOFR + 4.09%, 3.83% Floor) | 8.37 %<sup>(a)</sup> | 01/25/2035 | 501087 |
|  | CIFC Funding Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2019-3A-D1R2 (3 mo. Term SOFR + 2.75%, 2.75% Floor) | 7.01 %<sup>(a)</sup> | 01/16/2038 | 1006855 |
|  | Crown City CLO |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 2024-6A-D1 (3 mo. Term SOFR + 3.50%, 3.50% Floor) | 7.76 %<sup>(a)</sup> | 07/15/2037 | 4001787 |
|  | Dryden Senior Loan Fund |  |  |  |
| 3000000 | &nbsp;&nbsp;Series 2015-37A-DR (3 mo. Term SOFR + 2.76%, 2.50% Floor) | 7.02 %<sup>(a)</sup> | 01/15/2031 | 3040790 |
| 1000000 | &nbsp;&nbsp;Series 2017-50A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor) | 7.77 %<sup>(a)</sup> | 07/15/2030 | 999414 |
| 1000000 | &nbsp;&nbsp;Series 2019-68A-DR (3 mo. Term SOFR + 3.61%, 3.35% Floor) | 7.87 %<sup>(a)</sup> | 07/15/2035 | 1003356 |
| 900000 | &nbsp;&nbsp;Series 2020-77A-DR (3 mo. Term SOFR + 3.26%, 3.26% Floor) | 7.58 %<sup>(a)</sup> | 05/20/2034 | 895254 |
|  | Goldentree Loan Opportunities Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2024-20A-D (3 mo. Term SOFR + 3.15%, 3.15% Floor) | 7.42 %<sup>(a)</sup> | 07/20/2037 | 1008043 |
| 1000000 | &nbsp;&nbsp;Series 2024-21A-D (3 mo. Term SOFR + 3.05%, 3.05% Floor) | 7.32 %<sup>(a)</sup> | 07/20/2037 | 1008070 |
|  | Halcyon Loan Advisors Funding Ltd. |  |  |  |
| 288132 | &nbsp;&nbsp;Series 2014-2A-D (3 mo. Term SOFR + 5.26%, 0.00% Floor) | 9.54 %<sup>(a)</sup> | 09/28/2025 | 45554 |
| 500000 | &nbsp;&nbsp;Series 2018-1A-A2 (3 mo. Term SOFR + 2.06%, 1.80% Floor) | 6.33 %<sup>(a)</sup> | 07/21/2031 | 502250 |
|  | Highbridge Loan Management Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2013-2A-CR (3 mo. Term SOFR + 3.16%, 2.90% Floor) | 7.43 %<sup>(a)</sup> | 10/20/2029 | 2007814 |
|  | ICG US CLO Ltd. |  |  |  |
| 2500000 | &nbsp;&nbsp;Series 2023-1A-AR (3 mo. Term SOFR + 1.38%, 1.38% Floor) | 0.00 %<sup>(a)</sup> | 07/18/2038 | 2500000 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | ING Investment Management CLO Ltd. |  |  |  |
| 3900000 | &nbsp;&nbsp;Series 2013-1A-CR (3 mo. Term SOFR + 3.21%, 0.00% Floor) | 7.47 %<sup>(a)</sup> | 10/15/2030 | 3890222 |
|  | LCM LP |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 26A-D (3 mo. Term SOFR + 2.76%, 2.50% Floor) | 7.03 %<sup>(a)</sup> | 01/20/2031 | 4978104 |
| 1500000 | &nbsp;&nbsp;Series 27A-D (3 mo. Term SOFR + 3.21%, 0.00% Floor) | 7.47 %<sup>(a)</sup> | 07/16/2031 | 1492356 |
|  | LCM XIII LP |  |  |  |
| 3175000 | &nbsp;&nbsp;Series 14A-DR (3 mo. Term SOFR + 3.01%, 0.00% Floor) | 7.28 %<sup>(a)</sup> | 07/20/2031 | 3165650 |
|  | Lodi Park CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2024-1A-D1 (3 mo. Term SOFR + 3.00%, 3.00% Floor) | 7.27 %<sup>(a)</sup> | 07/21/2037 | 502597 |
|  | Madison Park Funding Ltd. |  |  |  |
| 4500000 | &nbsp;&nbsp;Series 2015-18A-BR (3 mo. Term SOFR + 1.86%, 0.00% Floor) | 6.13 %<sup>(a)</sup> | 10/21/2030 | 4511646 |
|  | Magnetite CLO Ltd. |  |  |  |
| 3500000 | &nbsp;&nbsp;Series 2018-20A-D (3 mo. Term SOFR + 2.76%, 0.00% Floor) | 7.03 %<sup>(a)</sup> | 04/20/2031 | 3511690 |
| 1750000 | &nbsp;&nbsp;Series 2019-23A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor) | 7.59 %<sup>(a)</sup> | 01/25/2035 | 1761751 |
|  | Marble Point CLO |  |  |  |
| 5500000 | &nbsp;&nbsp;Series 2021-2A-B (3 mo. Term SOFR + 2.11%, 1.85% Floor) | 6.39 %<sup>(a)</sup> | 07/25/2034 | 5527484 |
| 3500000 | &nbsp;&nbsp;Series 2021-3A-D1 (3 mo. Term SOFR + 3.76%, 3.50% Floor) | 8.04 %<sup>(a)</sup> | 10/17/2034 | 3491273 |
|  | Menlo CLO Ltd. |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2024-1A-A1 (3 mo. Term SOFR + 1.42%, 1.42% Floor) | 5.69 %<sup>(a)</sup> | 01/20/2038 | 5018932 |
|  | Myers Park CLO |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2018-1A-D (3 mo. Term SOFR + 3.31%, 3.05% Floor) | 7.58 %<sup>(a)</sup> | 10/20/2030 | 997456 |
|  | Neuberger Berman CLO Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2021-44A-DR (3 mo. Term SOFR + 2.65%, 2.65% Floor) | 6.91 %<sup>(a)</sup> | 10/16/2035 | 1004040 |
|  | OCP CLO Ltd. |  |  |  |
| 2250000 | &nbsp;&nbsp;Series 2021-21A-D1R (3 mo. Term SOFR + 2.65%, 2.65% Floor) | 6.92 %<sup>(a)</sup> | 01/20/2038 | 2246295 |
|  | Octagon Credit Investors LLC |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2025-1A-A1 (3 mo. Term SOFR + 1.20%, 1.20% Floor) | 5.49 %<sup>(a)</sup> | 01/22/2038 | 10006388 |
|  | Octagon Investment Partners Ltd. |  |  |  |
| 4500000 | &nbsp;&nbsp;Series 2012-1A-CRR (3 mo. Term SOFR + 4.16%, 3.90% Floor) | 8.42 %<sup>(a)</sup> | 07/15/2029 | 4532162 |
| 4000000 | &nbsp;&nbsp;Series 2018-1A-C (3 mo. Term SOFR + 2.86%, 2.60% Floor) | 7.13 %<sup>(a)</sup> | 01/20/2031 | 4041993 |
| 500000 | &nbsp;&nbsp;Series 2019-1A-ER (3 mo. Term SOFR + 7.26%, 7.00% Floor) | 11.53 %<sup>(a)</sup> | 01/20/2035 | 480043 |
| 1000000 | &nbsp;&nbsp;Series 2020-2A-DR (3 mo. Term SOFR + 3.56%, 3.30% Floor) | 7.82 %<sup>(a)</sup> | 07/15/2036 | 977710 |
|  | Park Avenue Institutional Advisers CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2021-2A-D (3 mo. Term SOFR + 3.66%, 3.40% Floor) | 7.92 %<sup>(a)</sup> | 07/15/2034 | 501481 |
|  | Sound Point CLO Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2015-2A-DRRR (3 mo. Term SOFR + 4.76%, 4.50% Floor) | 9.03 %<sup>(a)</sup> | 07/20/2032 | 2003953 |
| 500000 | &nbsp;&nbsp;Series 2017-4A-C (3 mo. Term SOFR + 2.76%, 0.00% Floor) | 7.03 %<sup>(a)</sup> | 01/21/2031 | 488282 |
| 6000000 | &nbsp;&nbsp;Series 2019-2A-DR (3 mo. Term SOFR + 3.56%, 3.30% Floor) | 7.82 %<sup>(a)</sup> | 07/15/2034 | 5827664 |
| 1000000 | &nbsp;&nbsp;Series 2019-3A-DR (3 mo. Term SOFR + 3.76%, 3.76% Floor) | 8.04 %<sup>(a)</sup> | 10/25/2034 | 980334 |
| 1000000 | &nbsp;&nbsp;Series 2020-1A-DR (3 mo. Term SOFR + 3.61%, 3.61% Floor) | 7.88 %<sup>(a)</sup> | 07/20/2034 | 1002983 |
| 5000000 | &nbsp;&nbsp;Series 2020-2A-DR (3 mo. Term SOFR + 3.61%, 3.35% Floor) | 7.89 %<sup>(a)</sup> | 10/25/2034 | 5015460 |
| 7500000 | &nbsp;&nbsp;Series 2021-4A-A (3 mo. Term SOFR + 1.41%, 1.41% Floor) | 5.69 %<sup>(a)</sup> | 10/25/2034 | 7513592 |
| 3375000 | &nbsp;&nbsp;Series 2021-4A-D (3 mo. Term SOFR + 3.66%, 3.66% Floor) | 7.94 %<sup>(a)</sup> | 10/25/2034 | 3277210 |
|  | Stewart Park CLO |  |  |  |
| 3500000 | &nbsp;&nbsp;Series 2015-1A-DR (3 mo. Term SOFR + 2.86%, 2.60% Floor) | 7.12 %<sup>(a)</sup> | 01/15/2030 | 3512864 |
|  | Storm King Park CLO Ltd. |  |  |  |
| 4000000 | &nbsp;&nbsp;Series 2022-1A-AR (3 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.62 %<sup>(a)</sup> | 10/15/2037 | 4016447 |
|  | Symphony CLO Ltd. |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2015-16A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor) | 7.57 %<sup>(a)</sup> | 10/15/2031 | 1493004 |
|  | TIAA CLO Ltd. |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2017-2A-B (3 mo. Term SOFR + 1.76%, 0.00% Floor) | 6.02 %<sup>(a)</sup> | 01/16/2031 | 1501518 |
|  | Upland CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2016-1A-CR (3 mo. Term SOFR + 3.16%, 0.00% Floor) | 7.43 %<sup>(a)</sup> | 04/20/2031 | 498995 |
|  | Vibrant CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2015-3A-A2RR (3 mo. Term SOFR + 2.11%, 0.26% Floor) | 6.38 %<sup>(a)</sup> | 10/20/2031 | 503978 |
| 2000000 | &nbsp;&nbsp;Series 2024-4RA-A1A (3 mo. Term SOFR + 1.43%, 1.43% Floor) | 5.70 %<sup>(a)</sup> | 10/20/2037 | 2009420 |
|  | Voya CLO Ltd. |  |  |  |
| 1200000 | &nbsp;&nbsp;Series 2021-1A-DR (3 mo. Term SOFR + 2.80%, 2.80% Floor) | 7.06 %<sup>(a)</sup> | 07/15/2034 | 1206090 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Wellfleet CLO Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2019-1A-CR (3 mo. Term SOFR + 3.81%, 3.55% Floor) | 8.08 %<sup>(a)</sup> | 07/20/2032 | 2013041 |
| 750000 | &nbsp;&nbsp;Series 2021-3A-D (3 mo. Term SOFR + 3.76%, 3.50% Floor) | 8.02 %<sup>(a)</sup> | 01/15/2035 | 752169 |
|  | Wind River CLO Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;Series 2013-2A-E1R (3 mo. Term SOFR + 7.01%, 0.00% Floor) | 11.28 %<sup>(a)</sup> | 10/18/2030 | 1984791 |
| 4000000 | &nbsp;&nbsp;Series 2014-2A-DR (3 mo. Term SOFR + 3.16%, 2.90% Floor) | 7.42 %<sup>(a)</sup> | 01/15/2031 | 4016691 |
| 2000000 | &nbsp;&nbsp;Series 2014-2A-ER (3 mo. Term SOFR + 6.01%, 5.75% Floor) | 10.27 %<sup>(a)</sup> | 01/15/2031 | 1820087 |
| 1500000 | &nbsp;&nbsp;Series 2014-3A-DR2 (3 mo. Term SOFR + 3.66%, 3.40% Floor) | 7.93 %<sup>(a)</sup> | 10/22/2031 | 1523433 |
| 2000000 | &nbsp;&nbsp;Series 2017-1A-DR (3 mo. Term SOFR + 3.98%, 3.72% Floor) | 8.25 %<sup>(a)</sup> | 04/18/2036 | 2005792 |
| 1500000 | &nbsp;&nbsp;Series 2018-1A-D (3 mo. Term SOFR + 3.16%, 0.00% Floor) | 7.42 %<sup>(a)</sup> | 07/15/2030 | 1505117 |
| 7500000 | &nbsp;&nbsp;Series 2021-4A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor) | 5.70 %<sup>(a)</sup> | 01/20/2035 | 7515479 |
| 1000000 | &nbsp;&nbsp;Series 2021-4A-D (3 mo. Term SOFR + 3.46%, 3.20% Floor) | 7.73 %<sup>(a)</sup> | 01/20/2035 | 974439 |
|  | Wind River Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2021-3A-D1AR (3 mo. Term SOFR + 3.00%, 3.00% Floor) | 7.27 %<sup>(a)</sup> | 04/20/2038 | 1004337 |
|  | **Total Collateralized Loan Obligations (Cost $175,332,244)** | **Total Collateralized Loan Obligations (Cost $175,332,244)** | **Total Collateralized Loan Obligations (Cost $175,332,244)** | **175227965** |
| **FOREIGN CORPORATE BONDS - 4.7%** | **FOREIGN CORPORATE BONDS - 4.7%** | **FOREIGN CORPORATE BONDS - 4.7%** |  |  |
| 1014907 | Acu Petroleo Luxembourg Sarl | 7.50% | 01/13/2032 | 1014409 |
| 649000 | Adani Electricity Mumbai Ltd. | 3.95% | 02/12/2030 | 582071 |
| 400000 | Adani Electricity Mumbai Ltd. | 3.87% | 07/22/2031 | 343440 |
| 1024000 | Adani International Container Terminal Pvt Ltd. | 3.00% | 02/16/2031 | 902423 |
| 600000 | Adani Ports & Special Economic Zone Ltd. | 4.38% | 07/03/2029 | 567309 |
| 700000 | Adani Ports & Special Economic Zone Ltd. | 3.10% | 02/02/2031 | 592842 |
| 417500 | Adani Renewable Energy RJ Ltd./Kodangal Solar Parks Pvt Ltd./Wardha Solar Maharash | 4.63% | 10/15/2039 | 336779 |
| 500000 | Adani Transmission Step-One Ltd. | 4.00% | 08/03/2026 | 494869 |
| 556000 | Adani Transmission Step-One Ltd. | 4.25% | 05/21/2036 | 473761 |
| 200000 | Agrosuper SA | 4.60% | 01/20/2032 | 186844 |
| 324999 | AL Candelaria Spain SA | 7.50% | 12/15/2028 | 324632 |
| 500000 | AL Candelaria Spain SA | 5.75 %<sup>(a)</sup> | 06/15/2033 | 424675 |
| 500000 | AL Candelaria Spain SA | 5.75% | 06/15/2033 | 424675 |
| 255000 | Altice France SA | 5.50 %<sup>(a)</sup> | 10/15/2029 | 211650 |
| 1600000 | AngloGold Ashanti Holdings PLC | 3.38% | 11/01/2028 | 1528086 |
| 215000 | Ardonagh Finco Ltd. | 7.75 %<sup>(a)</sup> | 02/15/2031 | 224941 |
| 400000 | Aris Mining Corp. | 8.00 %<sup>(a)</sup> | 10/31/2029 | 408434 |
| 500000 | Banco Continental SAECA | 2.75% | 12/10/2025 | 495608 |
| 400000 | Banco Davivienda SA<br> (10 yr. CMT Rate + 5.10%) | 6.65 %<sup>(a)(f)</sup> | 04/22/2031 | 356363 |
| 200000 | Banco Davivienda SA<br> (5 yr. CMT Rate + 4.59%) | 8.13 %<sup>(a)</sup> | 07/02/2035 | 201160 |
| 800000 | Banco de Bogota SA | 6.25% | 05/12/2026 | 803024 |
| 600000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 3.00%) | 3.13% | 07/01/2030 | 600000 |
| 1350000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 2.45%) | 3.25% | 09/30/2031 | 1310192 |
| 300000 | Banco GNB Sudameris SA<br> (5 yr. CMT Rate + 6.66%) | 7.50% | 04/16/2031 | 296193 |
| 900000 | Banco Industrial SA/Guatemala<br> (5 yr. CMT Rate + 4.44%) | 4.88% | 01/29/2031 | 896175 |
| 1350000 | Banco Internacional del Peru SAA Interbank<br> (5 yr. CMT Rate + 3.71%) | 4.00% | 07/08/2030 | 1346000 |
| 400000 | Banco Internacional del Peru SAA Interbank<br> (5 yr. CMT Rate + 2.07%) | 6.40 %<sup>(a)</sup> | 04/30/2035 | 408460 |
| 200000 | Banco Mercantil del Norte SA/Grand Cayman<br> (10 yr. CMT Rate + 5.47%) | 7.50 %<sup>(f)</sup> | 06/27/2029 | 198107 |
| 700000 | Banco Mercantil del Norte SA/Grand Cayman<br> (5 yr. CMT Rate + 4.07%) | 8.38 %<sup>(a)(f)</sup> | 05/20/2031 | 709891 |
| 200000 | Bancolombia SA<br> (5 yr. CMT Rate + 4.32%) | 8.63% | 12/24/2034 | 210435 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 900000 | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX<br> (5 yr. CMT Rate + 4.21%) | 8.13% | 01/08/2039 | 930887 |
| 330000 | Belron UK Finance PLC | 5.75 %<sup>(a)</sup> | 10/15/2029 | 332993 |
| 400000 | Braskem Idesa SAPI | 6.99% | 02/20/2032 | 277992 |
| 500000 | Braskem Netherlands Finance BV | 4.50% | 01/31/2030 | 387880 |
| 400000 | Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy | 7.88 %<sup>(a)</sup> | 02/15/2039 | 412418 |
| 600000 | Canacol Energy Ltd. | 5.75% | 11/24/2028 | 207638 |
| 600000 | CAP SA | 3.90 %<sup>(a)</sup> | 04/27/2031 | 482641 |
| 900000 | CAP SA | 3.90% | 04/27/2031 | 723961 |
| 1100000 | Cemex SAB de CV<br> (5 yr. CMT Rate + 4.53%) | 5.13 %<sup>(f)</sup> | 06/08/2026 | 1082625 |
| 200000 | Cemex SAB de CV<br> (5 yr. CMT Rate + 3.52%) | 7.20 %<sup>(a)(f)</sup> | 06/10/2030 | 202300 |
| 200000 | Cencosud SA | 4.38% | 07/17/2027 | 198554 |
| 1232323 | Chile Electricity PEC SpA | 0.00 %<sup>(a)</sup> | 01/25/2028 | 1089435 |
| 400000 | Cia de Minas Buenaventura SAA | 5.50% | 07/23/2026 | 400072 |
| 691296 | Cometa Energia SAB de CV | 6.38% | 04/24/2035 | 712955 |
| 900000 | Cosan Overseas Ltd. | 8.25 %<sup>(f)</sup> | 08/05/2025 | 908892 |
| 600000 | CSN Resources SA | 5.88% | 04/08/2032 | 493944 |
| 1500000 | DBS Group Holdings Ltd.<br> (5 yr. CMT Rate + 1.10%) | 1.82% | 03/10/2031 | 1472196 |
| 165105 | Digicel Group Holdings Ltd. | 0.00 %<sup>(a)(e)</sup> | 12/31/2030 | 7219 |
| 339480 | Digicel Group Holdings Ltd. | 0.00 %<sup>(a)(e)</sup> | 12/31/2030 | 2115 |
| 312750 | Empresa Electrica Angamos SA | 4.88% | 05/25/2029 | 282273 |
| 372360 | Empresa Electrica Cochrane SpA | 5.50% | 05/14/2027 | 368413 |
| 600000 | Energuate Trust | 5.88% | 05/03/2027 | 597216 |
| 523011 | Fermaca Enterprises S de RL de CV | 6.38% | 03/30/2038 | 512046 |
| 321800 | Fideicomiso PA Pacifico Tres | 8.25% | 01/15/2035 | 325340 |
| 400000 | Frigorifico Concepcion SA | 7.70% | 07/21/2028 | 311131 |
| 529944 | Galaxy Pipeline Assets Bidco Ltd. | 2.94% | 09/30/2040 | 435173 |
| 230000 | Garda World Security Corp. | 4.63 %<sup>(a)</sup> | 02/15/2027 | 228728 |
| 285000 | Garda World Security Corp. | 8.25 %<sup>(a)</sup> | 08/01/2032 | 292713 |
| 300000 | GCC SAB de CV | 3.61% | 04/20/2032 | 265382 |
| 220000 | GGAM Finance Ltd. | 6.88 %<sup>(a)</sup> | 04/15/2029 | 227992 |
| 825000 | Global Aircraft Leasing Co. Ltd. | 8.75 %<sup>(a)</sup> | 09/01/2027 | 846748 |
| 264800 | GNL Quintero SA | 4.63% | 07/31/2029 | 262731 |
| 700000 | Gold Fields Orogen Holdings BVI Ltd. | 6.13% | 05/15/2029 | 728427 |
| 250000 | Grifols SA | 4.75 %<sup>(a)</sup> | 10/15/2028 | 240488 |
| 768290 | Guara Norte Sarl | 5.20% | 06/15/2034 | 728680 |
| 365000 | Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC | 9.00 %<sup>(a)</sup> | 02/15/2029 | 382081 |
| 1100000 | InRetail Consumer | 3.25% | 03/22/2028 | 1044176 |
| 700000 | InRetail Shopping Malls | 5.75% | 04/03/2028 | 700098 |
| 100000 | Intelsat Jackson Holdings SA | 6.50 %<sup>(a)</sup> | 03/15/2030 | 102219 |
| 600000 | Intercorp Financial Services, Inc. | 4.13% | 10/19/2027 | 583553 |
| 35079 | Invepar Holdings | 0.00 %<sup>(d)(e)</sup> | 12/30/2028 |  |
| 200000 | Itau Unibanco Holding SA/Cayman Island<br> (5 yr. CMT Rate + 3.45%) | 3.88% | 04/15/2031 | 197894 |
| 923000 | JSW Hydro Energy Ltd. | 4.13% | 05/18/2031 | 850373 |
| 400000 | JSW Infrastructure Ltd. | 4.95% | 01/21/2029 | 392239 |
| 200000 | Kallpa Generacion SA | 4.13% | 08/16/2027 | 198508 |
| 700000 | KUO SAB De CV | 5.75% | 07/07/2027 | 690178 |
| 872508 | Lima Metro Line 2 Finance Ltd. | 4.35% | 04/05/2036 | 821380 |
| 245000 | Mattamy Group Corp. | 4.63 %<sup>(a)</sup> | 03/01/2030 | 235671 |
| 200000 | Medco Laurel Tree Pte Ltd. | 6.95% | 11/12/2028 | 198360 |
| 335000 | Merlin Entertainments Group US Holdings, Inc. | 7.38 %<sup>(a)</sup> | 02/15/2031 | 299572 |
| 600000 | Mexarrend SAPI de CV | 10.25 %<sup>(a)(d)</sup> | 07/24/2025 | 4500 |
| 603449 | Mexico Generadora de Energia S de RL | 5.50% | 12/06/2032 | 600130 |
| 1170000 | Millicom International Cellular SA | 6.25% | 03/25/2029 | 1173377 |
| 250000 | Minerva Luxembourg SA | 5.88% | 01/19/2028 | 250373 |
| 400000 | Minerva Luxembourg SA | 8.88% | 09/13/2033 | 432338 |
| 500000 | Minsur SA | 4.50% | 10/28/2031 | 465525 |
| 677601 | Mong Duong Finance Holdings BV | 5.13% | 05/07/2029 | 662502 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** | **VALUE $** |
| 400000 | Movida Europe SA | 7.85 %<sup>(a)</sup> | 04/11/2029 |  | 369564 |
| 1391408 | MV24 Capital BV | 6.75% | 06/01/2034 |  | 1350695 |
| 500000 | NBM US Holdings, Inc. | 6.63% | 08/06/2029 |  | 503869 |
| 250000 | Nissan Motor Co. Ltd. | 4.35 %<sup>(a)</sup> | 09/17/2027 |  | 240174 |
| 235000 | Ontario Gaming GTA LP/OTG Co.-Issuer, Inc. | 8.00 %<sup>(a)</sup> | 08/01/2030 |  | 235944 |
| 310000 | Opal Bidco SAS | 6.50 %<sup>(a)</sup> | 03/31/2032 |  | 316591 |
| 452000 | Orazul Energy Peru SA | 5.63% | 04/28/2027 |  | 448065 |
| 1200000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 1.83% | 09/10/2030 |  | 1193964 |
| 600000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 4.60% | 06/15/2032 |  | 601202 |
| 125000 | Parkland Corp. | 4.63 %<sup>(a)</sup> | 05/01/2030 |  | 119795 |
| 200000 | Periama Holdings | 5.95% | 04/19/2026 |  | 200059 |
| 166680 | Peru LNG Srl | 5.38% | 03/22/2030 |  | 156870 |
| 1295493 | Prumo Participacoes e Investimentos S/A | 7.50% | 12/31/2031 |  | 1313354 |
| 500000 | Raizen Fuels Finance SA | 5.70% | 01/17/2035 |  | 468500 |
| 500000 | Reliance Industries Ltd. | 3.67% | 11/30/2027 |  | 491077 |
| 1226666 | Rutas 2 & 7 Finance Ltd. | 0.00% | 09/30/2036 |  | 890161 |
| 200000 | Saavi Energia Sarl | 8.88 %<sup>(a)</sup> | 02/10/2035 |  | 208950 |
| 400000 | SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA | 3.75% | 08/02/2028 |  | 375993 |
| 200000 | Scotiabank Peru SAA<br> (1 yr. CMT Rate + 2.31%) | 6.10 %<sup>(a)</sup> | 10/01/2035 |  | 203400 |
| 305000 | Seaspan Corp. | 5.50 %<sup>(a)</sup> | 08/01/2029 |  | 290210 |
| 600000 | Simpar Europe SA | 5.20% | 01/26/2031 |  | 492000 |
| 200000 | Telefonica Celular del Paraguay SA | 5.88% | 04/15/2027 |  | 199251 |
| 200000 | Termocandelaria Power SA | 7.75 %<sup>(a)</sup> | 09/17/2031 |  | 205350 |
| 929806 | Tierra Mojada Luxembourg II Sarl | 5.75% | 12/01/2040 |  | 879174 |
| 200000 | TK Elevator US Newco, Inc. | 5.25 %<sup>(a)</sup> | 07/15/2027 |  | 199993 |
| 200000 | Trivium Packaging Finance BV | 8.25 %<sup>(a)</sup> | 07/15/2030 |  | 211650 |
| 200000 | Ultrapar International SA | 5.25% | 10/06/2026 |  | 199669 |
| 62116 | Unigel Luxembourg SA<br> 13.50% Cash or 15.00% PIK | 13.50% | 12/31/2027 |  | 50003 |
| 44227 | Unigel Luxembourg SA<br> 13.50% Cash or 15.00% PIK | 13.50 %<sup>(a)</sup> | 12/31/2027 |  | 35603 |
| 215779 | Unigel Luxembourg SA<br> 11.00% Cash or 12.00% PIK | 11.00% | 12/31/2028 |  | 60418 |
| 50179 | Unigel Luxembourg SA<br> 11.00% Cash or 12.00% PIK | 11.00 %<sup>(a)</sup> | 12/31/2028 |  | 14050 |
| 262805 | Unigel Netherlands Holding Corp. BV<br> 15.00% Cash or 15.00% PIK | 15.00% | 12/31/2044 |  | 8541 |
| 1000000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.52%) | 1.75% | 03/16/2031 |  | 980229 |
| 500000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.23%) | 2.00% | 10/14/2031 |  | 484105 |
| 225000 | Vallourec SACA | 7.50 %<sup>(a)</sup> | 04/15/2032 |  | 236140 |
| 325000 | VZ Secured Financing BV | 5.00 %<sup>(a)</sup> | 01/15/2032 |  | 289396 |
| 200000 | Wipro IT Services LLC | 1.50% | 06/23/2026 |  | 194143 |
| 300000 | Yinson Bergenia Production BV | 8.50 %<sup>(a)</sup> | 01/31/2045 |  | 304449 |
|  | **Total Foreign Corporate Bonds (Cost $59,856,342)** | **Total Foreign Corporate Bonds (Cost $59,856,342)** | **Total Foreign Corporate Bonds (Cost $59,856,342)** |  | **59161294** |
| **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.4%** |  |
| 800000 | Banco do Brasil SA/Cayman (10 yr. CMT Rate + 4.40%) | 8.75 %<sup>(f)</sup> | 10/15/2025 |  | 808018 |
| 200000 | Banco Nacional de Comercio Exterior SNC/Cayman Islands | 5.88 %<sup>(a)</sup> | 05/07/2030 |  | 203122 |
| 400000 | Bank Negara Indonesia Persero Tbk PT | 3.75% | 03/30/2026 |  | 395985 |
| 1308197 | Bioceanico Sovereign Certificate Ltd. | 0.00% | 06/05/2034 |  | 1041325 |
| 200000 | BPRL International Singapore Pte Ltd. | 4.38% | 01/18/2027 |  | 199196 |
| 400000 | Chile Electricity Lux Mpc II Sarl | 5.67 %<sup>(a)</sup> | 10/20/2035 |  | 403202 |
| 186000 | Chile Electricity Lux MPC Sarl | 6.01% | 01/20/2033 |  | 192930 |
| 2000000 | Colombia Government International Bond | 4.13% | 05/15/2051 |  | 1143380 |
| 400000 | Comision Federal de Electricidad | 6.45 %<sup>(a)</sup> | 01/24/2035 |  | 395317 |
| 900000 | Corp. Nacional del Cobre de Chile | 5.13% | 02/02/2033 |  | 877251 |
| 1350000 | Dominican Republic International Bond | 5.50% | 02/22/2029 |  | 1347435 |
| 1500000 | Ecopetrol SA | 5.88% | 11/02/2051 |  | 988839 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 695975 | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple | 7.25 %<sup>(a)</sup> | 01/31/2041 | 707041 |
| 300000 | Guatemala Government Bond | 4.50% | 05/03/2026 | 297717 |
| 400000 | Guatemala Government Bond | 4.38% | 06/05/2027 | 394000 |
| 200000 | Guatemala Government Bond | 4.88% | 02/13/2028 | 198087 |
| 400000 | Guatemala Government Bond | 5.25% | 08/10/2029 | 398000 |
| 300000 | Guatemala Government Bond | 5.38% | 04/24/2032 | 293679 |
| 556723 | Lima Metro Line 2 Finance Ltd. | 5.88% | 07/05/2034 | 565001 |
| 1400000 | Mexico Government International Bond | 6.34% | 05/04/2053 | 1288140 |
| 500000 | Morocco Government International Bond | 2.38% | 12/15/2027 | 473452 |
| 200000 | Morocco Government International Bond | 5.95% | 03/08/2028 | 205178 |
| 400000 | Morocco Government International Bond | 3.00% | 12/15/2032 | 339110 |
| 200000 | Morocco Government International Bond | 4.00% | 12/15/2050 | 136470 |
| 200000 | OCP SA | 4.50% | 10/22/2025 | 199431 |
| 1000000 | OCP SA | 6.75% | 05/02/2034 | 1037958 |
| 300000 | ONGC Videsh Vankorneft Pte Ltd. | 3.75% | 07/27/2026 | 297383 |
| 543000 | Paraguay Government International Bond | 4.70% | 03/27/2027 | 543299 |
| 1000000 | Pertamina Persero PT | 1.40% | 02/09/2026 | 981007 |
| 300000 | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 4.13% | 05/15/2027 | 297224 |
| 500000 | Petroleos Mexicanos | 6.75% | 09/21/2047 | 362458 |
|  | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $18,256,166)** |  |  | **17010635** |
| **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 10.8%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 10.8%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 10.8%** |  |  |
|  | 1345 Trust |  |  |  |
| 1050000 | &nbsp;&nbsp;Series 2025-AOA-A (1 mo. Term SOFR + 1.60%, 1.60% Floor) | 5.90 %<sup>(a)</sup> | 06/15/2030 | 1053384 |
|  | Arbor Multifamily Mortgage Securities Trust |  |  |  |
| 10194000 | &nbsp;&nbsp;Series 2021-MF3-XD | 1.29 %<sup>(a)(g)(h)</sup> | 10/15/2054 | 641202 |
|  | Arbor Realty Trust, Inc. |  |  |  |
| 14945300 | &nbsp;&nbsp;Series 2020-MF1-XA | 1.05 %<sup>(a)(g)(h)</sup> | 05/15/2053 | 536607 |
|  | ARDN Mortgage Trust |  |  |  |
| 1060000 | &nbsp;&nbsp;Series 2025-ARCP-E (1 mo. Term SOFR + 4.50%, 4.50% Floor) | 8.80 %<sup>(a)</sup> | 06/15/2035 | 1064826 |
|  | AREIT Trust |  |  |  |
| 1690000 | &nbsp;&nbsp;Series 2025-CRE10-D (1 mo. Term SOFR + 2.79%, 2.79% Floor) | 7.10 %<sup>(a)</sup> | 01/17/2030 | 1613394 |
|  | BANK |  |  |  |
| 8672676 | &nbsp;&nbsp;Series 2017-BNK5-XA | 1.08 %<sup>(g)(h)</sup> | 06/15/2060 | 137146 |
| 57220609 | &nbsp;&nbsp;Series 2018-BN11-XA | 0.59 %<sup>(g)(h)</sup> | 03/15/2061 | 666300 |
|  | BANK5 Trust |  |  |  |
| 2034000 | &nbsp;&nbsp;Series 2024-5YR10-C | 5.74 %<sup>(g)</sup> | 10/15/2057 | 2019363 |
| 760000 | &nbsp;&nbsp;Series 2025-5YR15-D | 4.00 %<sup>(a)</sup> | 07/15/2030 | 646809 |
| 13000000 | &nbsp;&nbsp;Series 2025-5YR15-XA | 1.44 %<sup>(g)</sup> | 06/15/2030 | 685061 |
|  | BBCMS Trust |  |  |  |
| 1675000 | &nbsp;&nbsp;Series 2019-BWAY-E (1 mo. Term SOFR + 2.96%, 2.85% Floor) | 7.28 %<sup>(a)</sup> | 11/15/2034 | 6281 |
| 1104000 | &nbsp;&nbsp;Series 2024-5C29-C | 5.51% | 09/15/2057 | 1097492 |
| 13773000 | &nbsp;&nbsp;Series 2025-C32-XD | 2.54 %<sup>(a)(g)(h)</sup> | 02/15/2062 | 2345882 |
|  | BDS Ltd. |  |  |  |
| 920496 | &nbsp;&nbsp;Series 2021-FL10-A (1 mo. Term SOFR + 1.46%, 1.46% Floor) | 5.78 %<sup>(a)</sup> | 12/16/2036 | 923882 |
| 1600000 | &nbsp;&nbsp;Series 2022-FL11-B (1 mo. Term SOFR + 2.35%, 2.35% Floor) | 6.67 %<sup>(a)</sup> | 03/19/2039 | 1603920 |
| 1650000 | &nbsp;&nbsp;Series 2024-FL13-B (1 mo. Term SOFR + 2.24%, 2.24% Floor) | 6.56 %<sup>(a)</sup> | 09/19/2039 | 1655127 |
|  | Benchmark Mortgage Trust |  |  |  |
| 244730 | &nbsp;&nbsp;Series 2020-B19-A2 | 1.69% | 09/15/2053 | 242781 |
| 5701129 | &nbsp;&nbsp;Series 2020-B22-XA | 1.62 %<sup>(g)(h)</sup> | 01/15/2054 | 374757 |
| 56161775 | &nbsp;&nbsp;Series 2022-B32-XA | 0.56 %<sup>(a)(g)(h)</sup> | 01/15/2055 | 852008 |
| 1627000 | &nbsp;&nbsp;Series 2024-V9-C | 6.45 %<sup>(g)</sup> | 08/15/2057 | 1669407 |
| 4665000 | &nbsp;&nbsp;Series 2025-V15-XA | 1.12 %<sup>(g)(h)</sup> | 06/15/2058 | 226583 |
|  | Blackstone Mortgage Trust, Inc. |  |  |  |
| 956439 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.16%, 1.05% Floor) | 5.48 %<sup>(a)</sup> | 05/15/2038 | 953417 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | BLP Commercial Mortgage Trust |  |  |  |
| 711621 | &nbsp;&nbsp;Series 2024-IND2-D (1 mo. Term SOFR + 2.59%, 2.59% Floor) | 6.90 %<sup>(a)</sup> | 03/15/2041 | 712238 |
|  | BMO Mortgage Trust |  |  |  |
| 1700000 | &nbsp;&nbsp;Series 2024-5C6-C | 5.88 %<sup>(g)</sup> | 09/15/2057 | 1700087 |
| 3457000 | &nbsp;&nbsp;Series 2024-C10-XD | 1.80 %<sup>(a)(g)(h)</sup> | 11/15/2057 | 414318 |
| 1125000 | &nbsp;&nbsp;Series 2025-5C10-C | 6.49 %<sup>(g)</sup> | 05/15/2058 | 1157620 |
|  | BPR Trust |  |  |  |
| 1300000 | &nbsp;&nbsp;Series 2021-TY-D (1 mo. Term SOFR + 2.46%, 2.35% Floor) | 6.78 %<sup>(a)</sup> | 09/15/2038 | 1293011 |
|  | BSPRT Co.-Issuer LLC |  |  |  |
| 1477135 | &nbsp;&nbsp;Series 2023-FL10-A (1 mo. Term SOFR + 2.26%, 2.26% Floor) | 6.57 %<sup>(a)</sup> | 09/15/2035 | 1480340 |
| 1500000 | &nbsp;&nbsp;Series 2023-FL10-B (1 mo. Term SOFR + 3.27%, 3.27% Floor) | 7.58 %<sup>(a)</sup> | 09/15/2035 | 1508001 |
|  | BSPRT Issuer LLC |  |  |  |
| 785000 | &nbsp;&nbsp;Series 2024-FL11-B (1 mo. Term SOFR + 2.29%, 2.29% Floor) | 6.61 %<sup>(a)</sup> | 07/15/2039 | 785329 |
|  | BX Trust |  |  |  |
| 900000 | &nbsp;&nbsp;Series 2019-IMC-D (1 mo. Term SOFR + 1.95%, 1.90% Floor) | 6.26 %<sup>(a)</sup> | 04/15/2034 | 883895 |
| 654539 | &nbsp;&nbsp;Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor) | 5.16 %<sup>(a)</sup> | 10/15/2036 | 654517 |
| 1358000 | &nbsp;&nbsp;Series 2021-ARIA-C (1 mo. Term SOFR + 1.76%, 1.65% Floor) | 6.07 %<sup>(a)</sup> | 10/15/2036 | 1356815 |
| 904275 | &nbsp;&nbsp;Series 2021-CIP-B (1 mo. Term SOFR + 1.39%, 1.27% Floor) | 5.70 %<sup>(a)</sup> | 12/15/2038 | 904160 |
| 1320000 | &nbsp;&nbsp;Series 2021-LBA-DJV (1 mo. Term SOFR + 1.71%, 1.60% Floor) | 6.03 %<sup>(a)</sup> | 02/15/2036 | 1312713 |
| 1085000 | &nbsp;&nbsp;Series 2021-MFM1-E (1 mo. Term SOFR + 2.36%, 2.25% Floor) | 6.68 %<sup>(a)</sup> | 01/15/2034 | 1085003 |
| 859700 | &nbsp;&nbsp;Series 2021-RISE-B (1 mo. Term SOFR + 1.36%, 1.25% Floor) | 5.68 %<sup>(a)</sup> | 11/15/2036 | 859037 |
| 510000 | &nbsp;&nbsp;Series 2021-VIEW-B (1 mo. Term SOFR + 1.91%, 1.80% Floor) | 6.23 %<sup>(a)</sup> | 06/15/2036 | 506534 |
| 687868 | &nbsp;&nbsp;Series 2021-VOLT-E (1 mo. Term SOFR + 2.11%, 2.00% Floor) | 6.43 %<sup>(a)</sup> | 09/15/2036 | 685132 |
| 819000 | &nbsp;&nbsp;Series 2022-PSB-C (1 mo. Term SOFR + 3.70%, 3.70% Floor) | 8.01 %<sup>(a)</sup> | 08/15/2039 | 820024 |
| 776576 | &nbsp;&nbsp;Series 2024-AIRC-C (1 mo. Term SOFR + 2.59%, 2.59% Floor) | 6.90 %<sup>(a)</sup> | 08/15/2039 | 781109 |
| 637646 | &nbsp;&nbsp;Series 2024-GPA3-C (1 mo. Term SOFR + 1.89%, 1.89% Floor) | 6.20 %<sup>(a)</sup> | 12/15/2039 | 639611 |
| 1500000 | &nbsp;&nbsp;Series 2025-ROIC-E (1 mo. Term SOFR + 2.94%, 2.94% Floor) | 7.25 %<sup>(a)</sup> | 03/15/2030 | 1474883 |
|  | CALI Mortgage Trust |  |  |  |
| 785000 | &nbsp;&nbsp;Series 2024-SUN-C (1 mo. Term SOFR + 2.79%, 2.79% Floor) | 7.10 %<sup>(a)</sup> | 07/15/2041 | 787857 |
|  | Century Plaza Towers |  |  |  |
| 1190000 | &nbsp;&nbsp;Series 2019-CPT-E | 3.10 %<sup>(a)(g)</sup> | 11/13/2039 | 971359 |
|  | CFCRE Commercial Mortgage Trust |  |  |  |
| 3094511 | &nbsp;&nbsp;Series 2016-C4-XA | 1.73 %<sup>(g)(h)</sup> | 05/10/2058 | 14198 |
|  | Citigroup Commercial Mortgage Trust |  |  |  |
| 5941272 | &nbsp;&nbsp;Series 2016-C1-XA | 1.98 %<sup>(g)(h)</sup> | 05/10/2049 | 46670 |
| 2165784 | &nbsp;&nbsp;Series 2016-P4-XA | 2.04 %<sup>(g)(h)</sup> | 07/10/2049 | 22707 |
|  | Citigroup/Deutsche Bank Commercial Mortgage Trust |  |  |  |
| 7872482 | &nbsp;&nbsp;Series 2017-CD3-XA | 1.08 %<sup>(g)(h)</sup> | 02/10/2050 | 87638 |
| 1042155 | &nbsp;&nbsp;Series 2020-C9-A2 | 1.90% | 08/15/2053 | 1034962 |
|  | Commercial Mortgage Pass Through Certificates |  |  |  |
| 3344437 | &nbsp;&nbsp;Series 2015-CR25-XA | 0.86 %<sup>(g)(h)</sup> | 08/10/2048 | 56 |
| 4635467 | &nbsp;&nbsp;Series 2015-CR27-XA | 1.00 %<sup>(g)(h)</sup> | 10/10/2048 | 100 |
| 1227000 | &nbsp;&nbsp;Series 2015-DC1-C | 4.43 %<sup>(g)</sup> | 02/10/2048 | 1093300 |
| 160263 | &nbsp;&nbsp;Series 2015-DC1-XA | 0.71 %<sup>(g)(h)</sup> | 02/10/2048 | 2 |
| 2128251 | &nbsp;&nbsp;Series 2016-DC2-XA | 1.05 %<sup>(g)(h)</sup> | 02/10/2049 | 2997 |
| 2228000 | &nbsp;&nbsp;Series 2018-HCLV-D (1 mo. Term SOFR + 2.47%, 2.18% Floor) | 6.78 %<sup>(a)</sup> | 09/15/2033 | 718563 |
|  | Computershare Corporate Trust |  |  |  |
| 99603 | &nbsp;&nbsp;Series 2015-C27-C | 3.89% | 02/15/2048 | 88315 |
| 242315 | &nbsp;&nbsp;Series 2015-C28-C | 4.25 %<sup>(g)</sup> | 05/15/2048 | 231106 |
| 1848854 | &nbsp;&nbsp;Series 2015-C30-XA | 0.87 %<sup>(g)(h)</sup> | 09/15/2058 | 41 |
| 3583302 | &nbsp;&nbsp;Series 2015-C31-XA | 1.09 %<sup>(g)(h)</sup> | 11/15/2048 | 85 |
| 1056983 | &nbsp;&nbsp;Series 2015-NXS2-XA | 0.27 %<sup>(g)(h)</sup> | 07/15/2058 | 364 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1705088 | &nbsp;&nbsp;Series 2016-C33-XA | 1.70 %<sup>(g)(h)</sup> | 03/15/2059 | 7684 |
| 3416183 | &nbsp;&nbsp;Series 2016-NXS6-XA | 1.68 %<sup>(g)(h)</sup> | 11/15/2049 | 29152 |
| 12853485 | &nbsp;&nbsp;Series 2017-C38-XA | 1.05 %<sup>(g)(h)</sup> | 07/15/2050 | 165527 |
| 1828167 | &nbsp;&nbsp;Series 2017-RC1-XA | 1.54 %<sup>(g)(h)</sup> | 01/15/2060 | 31976 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 1974822 | &nbsp;&nbsp;Series 2014-USA-X1 | 0.69 %<sup>(a)(g)(h)</sup> | 09/15/2037 | 2271 |
|  | CSAIL Commercial Mortgage Trust |  |  |  |
| 145776 | &nbsp;&nbsp;Series 2015-C1-XA | 0.17 %<sup>(g)(h)</sup> | 04/15/2050 |  |
| 38090369 | &nbsp;&nbsp;Series 2018-CX12-XA | 0.70 %<sup>(g)(h)</sup> | 08/15/2051 | 534636 |
| 31648761 | &nbsp;&nbsp;Series 2021-C20-XA | 1.11 %<sup>(g)(h)</sup> | 03/15/2054 | 1332565 |
| 18269000 | &nbsp;&nbsp;Series 2021-C20-XD | 1.58 %<sup>(a)(g)(h)</sup> | 03/15/2054 | 1290922 |
|  | ELP Commercial Mortgage Trust |  |  |  |
| 1426340 | &nbsp;&nbsp;Series 2021-ELP-C (1 mo. Term SOFR + 1.43%, 1.32% Floor) | 5.75 %<sup>(a)</sup> | 11/15/2038 | 1425272 |
|  | FS Rialto Issuer LLC |  |  |  |
| 699901 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.68 %<sup>(a)</sup> | 11/16/2036 | 699556 |
| 2100000 | &nbsp;&nbsp;Series 2021-FL3-D (1 mo. Term SOFR + 2.61%, 2.61% Floor) | 6.93 %<sup>(a)</sup> | 11/16/2036 | 2065535 |
| 1450000 | &nbsp;&nbsp;Series 2022-FL4-AS (30 day avg SOFR US + 2.40%, 2.40% Floor) | 6.70 %<sup>(a)</sup> | 01/19/2039 | 1453360 |
| 2050000 | &nbsp;&nbsp;Series 2025-FL10-D (1 mo. Term SOFR + 2.70%, 2.70% Floor) | 7.01 %<sup>(a)</sup> | 08/19/2042 | 2020851 |
|  | Granite Point Mortgage Trust, Inc. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2021-FL4-B (1 mo. Term SOFR + 2.06%, 1.95% Floor) | 6.38 %<sup>(a)</sup> | 12/15/2036 | 975662 |
|  | Great Wolf Trust |  |  |  |
| 1450000 | &nbsp;&nbsp;Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.85 %<sup>(a)</sup> | 03/15/2039 | 1454091 |
|  | Greystone Commercial Real Estate Notes |  |  |  |
| 2200000 | &nbsp;&nbsp;Series 2021-FL3-D (1 mo. Term SOFR + 2.31%, 2.20% Floor) | 6.63 %<sup>(a)</sup> | 07/15/2039 | 2187880 |
|  | GS Mortgage Securities Corp. II |  |  |  |
| 1552215 | &nbsp;&nbsp;Series 2010-C1-C | 5.64 %<sup>(a)(g)</sup> | 08/10/2043 | 1542596 |
| 2200000 | &nbsp;&nbsp;Series 2013-GC13-B | 4.01 %<sup>(a)(g)</sup> | 07/10/2046 | 2132591 |
| 585037 | &nbsp;&nbsp;Series 2014-GC24-XA | 0.40 %<sup>(g)(h)</sup> | 09/10/2047 | 7 |
| 1110000 | &nbsp;&nbsp;Series 2015-590M-D | 3.93 %<sup>(a)(g)</sup> | 10/10/2035 | 1104318 |
| 5516411 | &nbsp;&nbsp;Series 2015-GS1-XA | 0.85 %<sup>(g)(h)</sup> | 11/10/2048 | 9133 |
| 5154702 | &nbsp;&nbsp;Series 2016-GS2-XA | 1.88 %<sup>(g)(h)</sup> | 05/10/2049 | 26838 |
| 442000 | &nbsp;&nbsp;Series 2018-GS10-WLSD | 5.07 %<sup>(a)(g)</sup> | 03/10/2033 | 38940 |
| 553000 | &nbsp;&nbsp;Series 2018-GS10-WLSE | 5.07 %<sup>(a)(g)</sup> | 03/10/2033 | 44365 |
| 1509000 | &nbsp;&nbsp;Series 2018-RIVR-E (1 mo. Term SOFR + 1.85%, 1.80% Floor) | 6.16 %<sup>(a)</sup> | 07/15/2035 | 6021 |
| 850000 | &nbsp;&nbsp;Series 2018-TWR-E (1 mo. Term SOFR + 2.40%, 2.10% Floor) | 6.71 %<sup>(a)</sup> | 07/15/2031 | 89152 |
| 850000 | &nbsp;&nbsp;Series 2018-TWR-F (1 mo. Term SOFR + 3.10%, 2.80% Floor) | 7.41 %<sup>(a)</sup> | 07/15/2031 | 80316 |
| 850000 | &nbsp;&nbsp;Series 2018-TWR-G (1 mo. Term SOFR + 4.22%, 3.93% Floor) | 8.53 %<sup>(a)</sup> | 07/15/2031 | 71480 |
|  | GSCG Trust |  |  |  |
| 2377000 | &nbsp;&nbsp;Series 2019-600C-E | 4.12 %<sup>(a)(g)</sup> | 09/06/2034 | 100333 |
|  | HGI CRE CLO Ltd. |  |  |  |
| 1400000 | &nbsp;&nbsp;Series 2021-FL1-D (1 mo. Term SOFR + 2.46%, 2.46% Floor) | 6.78 %<sup>(a)</sup> | 06/16/2036 | 1397831 |
| 2030000 | &nbsp;&nbsp;Series 2021-FL2-D (1 mo. Term SOFR + 2.26%, 2.26% Floor) | 6.58 %<sup>(a)</sup> | 09/17/2036 | 2027605 |
|  | HIG RCP LLC |  |  |  |
| 2150000 | &nbsp;&nbsp;Series 2023-FL1-B (1 mo. Term SOFR + 3.61%, 3.61% Floor) | 7.93 %<sup>(a)</sup> | 09/19/2038 | 2165549 |
|  | Hilton USA Trust |  |  |  |
| 1046000 | &nbsp;&nbsp;Series 2016-SFP-A | 2.83 %<sup>(a)</sup> | 11/05/2035 | 889582 |
|  | Hudson Yards Mortgage Trust |  |  |  |
| 2180000 | &nbsp;&nbsp;Series 2025-SPRL-E | 6.90 %<sup>(a)(g)</sup> | 01/13/2040 | 2260932 |
|  | JP Morgan Chase Commercial Mortgage Securities |  |  |  |
| 558639 | &nbsp;&nbsp;Series 2014-C20-C | 4.62 %<sup>(g)</sup> | 07/15/2047 | 536893 |
| 4823917 | &nbsp;&nbsp;Series 2016-JP4-XA | 0.70 %<sup>(g)(h)</sup> | 12/15/2049 | 25476 |
| 1049000 | &nbsp;&nbsp;Series 2019-UES-G | 4.60 %<sup>(a)(g)</sup> | 05/05/2032 | 956836 |
|  | JPMBB Commercial Mortgage Securities Trust |  |  |  |
| 1102656 | &nbsp;&nbsp;Series 2014-C21-C | 4.71 %<sup>(g)</sup> | 08/15/2047 | 1086588 |
| 1380527 | &nbsp;&nbsp;Series 2015-C31-XA | 0.89 %<sup>(g)(h)</sup> | 08/15/2048 | 25 |
| 470000 | &nbsp;&nbsp;Series 2015-C33-C | 4.78 %<sup>(g)</sup> | 12/15/2048 | 446563 |
|  | KREF |  |  |  |
| 869113 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor) | 5.50 %<sup>(a)</sup> | 02/15/2039 | 868818 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1897500 | &nbsp;&nbsp;Series 2021-FL2-B (1 mo. Term SOFR + 1.76%, 1.65% Floor) | 6.08 %<sup>(a)</sup> | 02/15/2039 | 1885908 |
| 1305835 | &nbsp;&nbsp;Series 2022-FL3-A (1 mo. Term SOFR + 1.45%, 1.45% Floor) | 5.77 %<sup>(a)</sup> | 02/17/2039 | 1307381 |
|  | Ladder Capital Commercial Mortgage Securities LLC |  |  |  |
| 2532000 | &nbsp;&nbsp;Series 2017-LC26-C | 4.71 %<sup>(a)</sup> | 07/12/2050 | 2347282 |
|  | LoanCore |  |  |  |
| 1236500 | &nbsp;&nbsp;Series 2021-CRE6-AS (1 mo. Term SOFR + 1.76%, 1.65% Floor) | 6.08 %<sup>(a)</sup> | 11/15/2038 | 1240891 |
| 1440000 | &nbsp;&nbsp;Series 2021-CRE6-D (1 mo. Term SOFR + 2.96%, 2.85% Floor) | 7.28 %<sup>(a)</sup> | 11/15/2038 | 1445041 |
| 2560000 | &nbsp;&nbsp;Series 2022-CRE7-C (30 day avg SOFR US + 2.50%, 2.50% Floor) | 6.80 %<sup>(a)</sup> | 01/17/2037 | 2546138 |
| 1180000 | &nbsp;&nbsp;Series 2025-CRE8-D (1 mo. Term SOFR + 2.74%, 2.74% Floor) | 7.05 %<sup>(a)</sup> | 08/17/2042 | 1148816 |
|  | LSTAR Commercial Mortgage Trust |  |  |  |
| 951575 | &nbsp;&nbsp;Series 2016-4-XA | 1.68 %<sup>(a)(g)(h)</sup> | 03/10/2049 | 3985 |
| 11050241 | &nbsp;&nbsp;Series 2017-5-X | 1.00 %<sup>(a)(g)(h)</sup> | 03/10/2050 | 106107 |
|  | Lument Finance Trust, Inc. |  |  |  |
| 641861 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor) | 5.60 %<sup>(a)</sup> | 06/15/2039 | 643301 |
| 1890000 | &nbsp;&nbsp;Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor) | 6.18 %<sup>(a)</sup> | 06/15/2039 | 1888840 |
|  | Merit 2020 |  |  |  |
| 670000 | &nbsp;&nbsp;Series 2021-STOR-C (1 mo. Term SOFR + 1.16%, 1.05% Floor) | 5.48 %<sup>(a)</sup> | 07/15/2038 | 669787 |
|  | MF1 Multifamily Housing Mortgage Loan Trust |  |  |  |
| 1487000 | &nbsp;&nbsp;Series 2021-FL7-B (1 mo. Term SOFR + 1.86%, 1.75% Floor) | 6.18 %<sup>(a)</sup> | 10/16/2036 | 1475406 |
| 1950000 | &nbsp;&nbsp;Series 2021-FL7-C (1 mo. Term SOFR + 2.16%, 2.05% Floor) | 6.48 %<sup>(a)</sup> | 10/16/2036 | 1920288 |
| 2218000 | &nbsp;&nbsp;Series 2021-FL7-D (1 mo. Term SOFR + 2.66%, 2.55% Floor) | 6.98 %<sup>(a)</sup> | 10/16/2036 | 2160465 |
| 1380000 | &nbsp;&nbsp;Series 2024-FL14-A (1 mo. Term SOFR + 1.74%, 1.74% Floor) | 6.05 %<sup>(a)</sup> | 03/19/2039 | 1386124 |
| 1500000 | &nbsp;&nbsp;Series 2024-FL15-B (1 mo. Term SOFR + 2.49%, 2.49% Floor) | 6.81 %<sup>(a)</sup> | 08/18/2041 | 1506747 |
| 2100000 | &nbsp;&nbsp;Series 2024-FL16-D (1 mo. Term SOFR + 3.59%, 3.59% Floor) | 7.90 %<sup>(a)</sup> | 11/18/2039 | 2077524 |
| 1260000 | &nbsp;&nbsp;Series 2025-FL17-D (1 mo. Term SOFR + 2.74%, 2.74% Floor) | 7.06 %<sup>(a)</sup> | 02/18/2040 | 1245906 |
|  | Morgan Stanley Bank of America Merrill Lynch Trust |  |  |  |
| 927373 | &nbsp;&nbsp;Series 2013-C9-B | 3.71 %<sup>(g)</sup> | 05/15/2046 | 900532 |
| 1099282 | &nbsp;&nbsp;Series 2014-C17-E | 3.50 %<sup>(a)</sup> | 08/15/2047 | 1071602 |
|  | Morgan Stanley Capital I, Inc. |  |  |  |
| 2489000 | &nbsp;&nbsp;Series 2019-NUGS-F (1 mo. Term SOFR + 2.96%, 4.34% Floor) | 7.27 %<sup>(a)</sup> | 12/15/2036 | 37869 |
|  | Natixis Commercial Mortgage Securities Trust |  |  |  |
| 1919000 | &nbsp;&nbsp;Series 2018-FL1-C (Prime Rate + 0.00%, 0.00% Floor) | 7.50 %<sup>(a)</sup> | 06/15/2035 | 1022741 |
|  | PFP III Ltd. |  |  |  |
| 1095083 | &nbsp;&nbsp;Series 2024-11-B (1 mo. Term SOFR + 2.49%, 2.49% Floor) | 6.80 %<sup>(a)</sup> | 09/17/2039 | 1097427 |
|  | Ready Capital Corp. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2021-FL7-E (1 mo. Term SOFR + 3.51%, 3.40% Floor) | 7.83 %<sup>(a)</sup> | 11/25/2036 | 999492 |
| 2100000 | &nbsp;&nbsp;Series 2023-FL11-B (1 mo. Term SOFR + 3.53%, 3.53% Floor) | 7.85 %<sup>(a)</sup> | 10/25/2039 | 2107560 |
| 980000 | &nbsp;&nbsp;Series 2023-FL12-AS (1 mo. Term SOFR + 3.20%, 3.20% Floor) | 7.52 %<sup>(a)</sup> | 05/25/2038 | 987669 |
|  | Rialto Real Estate Fund LP |  |  |  |
| 1152931 | &nbsp;&nbsp;Series 2022-FL8-A (1 mo. Term SOFR + 2.25%, 2.25% Floor) | 6.56 %<sup>(a)</sup> | 01/19/2037 | 1152237 |
|  | RLGH Trust |  |  |  |
| 1650000 | &nbsp;&nbsp;Series 2021-TROT-D (1 mo. Term SOFR + 1.83%, 1.71% Floor) | 6.14 %<sup>(a)</sup> | 04/15/2036 | 1639696 |
|  | ROCK Trust |  |  |  |
| 516000 | &nbsp;&nbsp;Series 2024-CNTR-D | 7.11 %<sup>(a)</sup> | 11/13/2041 | 539978 |
|  | Starwood Property Trust, Inc. |  |  |  |
| 1502258 | &nbsp;&nbsp;Series 2022-FL3-A (30 day avg SOFR US + 1.35%, 1.35% Floor) | 5.65 %<sup>(a)</sup> | 11/15/2038 | 1502110 |
|  | TCO Commercial Mortgage Trust |  |  |  |
| 680000 | &nbsp;&nbsp;Series 2024-DPM-C (1 mo. Term SOFR + 1.99%, 1.99% Floor) | 6.30 %<sup>(a)</sup> | 12/15/2039 | 679664 |
|  | TPG Real Estate Finance Issuer Ltd. |  |  |  |
| 1160000 | &nbsp;&nbsp;Series 2021-FL4-B (1 mo. Term SOFR + 1.96%, 1.85% Floor) | 6.28 %<sup>(a)</sup> | 03/15/2038 | 1159311 |
| 1500000 | &nbsp;&nbsp;Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor) | 6.46 %<sup>(a)</sup> | 02/15/2039 | 1498260 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | UBS Commercial Mortgage Trust |  |  |  |
| 2325000 | &nbsp;&nbsp;Series 2018-C13-B | 4.79 %<sup>(g)</sup> | 10/15/2051 | 2202275 |
| 295000 | &nbsp;&nbsp;Series 2018-C13-C | 5.14 %<sup>(g)</sup> | 10/15/2051 | 270344 |
| 1097000 | &nbsp;&nbsp;Series 2018-C8-C | 4.84 %<sup>(g)</sup> | 02/15/2051 | 957688 |
| 12439514 | &nbsp;&nbsp;Series 2018-C8-XA | 0.96 %<sup>(g)(h)</sup> | 02/15/2051 | 224821 |
|  | VASA Trust |  |  |  |
| 755000 | &nbsp;&nbsp;Series 2021-VASA-A (1 mo. Term SOFR + 1.01%, 0.90% Floor) | 5.33 %<sup>(a)</sup> | 07/15/2039 | 734245 |
|  | VEGAS Trust |  |  |  |
| 1014000 | &nbsp;&nbsp;Series 2024-TI-A | 5.52 %<sup>(a)</sup> | 11/10/2039 | 1028232 |
|  | VMC Finance LLC |  |  |  |
| 1005213 | &nbsp;&nbsp;Series 2019-FL3-D (1 mo. Term SOFR + 3.26%, 3.15% Floor) | 7.58 %<sup>(a)</sup> | 09/15/2036 | 990029 |
|  | Wells Fargo Commercial Mortgage Trust |  |  |  |
| 48271256 | &nbsp;&nbsp;Series 2025-5C3-XA | 1.05 %<sup>(g)(h)</sup> | 01/15/2058 | 1607829 |
| 1790000 | &nbsp;&nbsp;Series 2025-VTT-C | 6.03 %<sup>(a)(g)</sup> | 03/15/2038 | 1805528 |
|  | WHARF Trust |  |  |  |
| 1070000 | &nbsp;&nbsp;Series 2025-DC-E | 7.72 %<sup>(a)(g)</sup> | 07/15/2040 | 1099910 |
|  | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $161,366,480)** |  |  | **135039040** |
| **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 16.4%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 16.4%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 16.4%** |  |  |
|  | ACE Securities Corp. |  |  |  |
| 2534168 | &nbsp;&nbsp;Series 2007-HE1-A2A (1 mo. Term SOFR + 0.29%, 0.18% Floor) | 4.61% | 01/25/2037 | 1529176 |
| 1028602 | &nbsp;&nbsp;Series 2007-HE1-A2D (1 mo. Term SOFR + 0.61%, 0.50% Floor) | 4.93% | 01/25/2037 | 620637 |
|  | AMSR Trust |  |  |  |
| 5122000 | &nbsp;&nbsp;Series 2021-SFR3-G | 3.80 %<sup>(a)</sup> | 10/17/2038 | 4961826 |
| 2775000 | &nbsp;&nbsp;Series 2024-SFR1-D | 4.29 %<sup>(a)(b)</sup> | 07/17/2041 | 2645413 |
| 10000000 | &nbsp;&nbsp;Series 2025-SFR1-D | 3.66 %<sup>(a)</sup> | 06/17/2042 | 9152637 |
|  | APS Resecuritization Trust |  |  |  |
| 6880651 | &nbsp;&nbsp;Series 2015-3-1MZ (12 Month US Treasury Average + 0.96%, 0.96% Floor) | 4.25 %<sup>(a)</sup> | 10/27/2046 | 6066628 |
|  | Asset Backed Securities Corp. Home Equity |  |  |  |
| 1499997 | &nbsp;&nbsp;Series 2007-HE2-A4 (1 mo. Term SOFR + 0.34%, 0.23% Floor) | 4.66% | 05/25/2037 | 1064139 |
|  | Bear Stearns Adjustable Rate Mortgage Trust |  |  |  |
| 804368 | &nbsp;&nbsp;Series 2006-2-2A1 | 4.42 %<sup>(g)</sup> | 07/25/2036 | 696613 |
|  | Bear Stearns Alt-A Trust |  |  |  |
| 620554 | &nbsp;&nbsp;Series 2006-4-22A1 | 4.25 %<sup>(g)</sup> | 08/25/2036 | 451010 |
|  | Chase Mortgage Finance Corp. |  |  |  |
| 1956431 | &nbsp;&nbsp;Series 2007-S4-A4 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 5.03% | 06/25/2037 | 609997 |
|  | Citimortgage Alternative Loan Trust |  |  |  |
| 506652 | &nbsp;&nbsp;Series 2007-A5-1A10 | 5.75% | 05/25/2037 | 471062 |
|  | Connecticut Avenue Securities Trust |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2024-R05-2M2 (30 day avg SOFR US + 1.70%, 0.00% Floor) | 6.01 %<sup>(a)</sup> | 07/25/2044 | 10050822 |
|  | Countrywide Alternative Loan Trust |  |  |  |
| 205431 | &nbsp;&nbsp;Series 2005-75CB-A3 | 5.50% | 01/25/2036 | 139693 |
| 526378 | &nbsp;&nbsp;Series 2006-23CB-2A2 | 6.50% | 08/25/2036 | 158739 |
| 3244844 | &nbsp;&nbsp;Series 2006-6CB-2A10 | 6.00% | 05/25/2036 | 1227590 |
| 1717651 | &nbsp;&nbsp;Series 2006-OA6-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor) | 4.85% | 07/25/2046 | 1539032 |
| 274326 | &nbsp;&nbsp;Series 2007-15CB-A7 | 6.00% | 07/25/2037 | 162615 |
| 462864 | &nbsp;&nbsp;Series 2008-1R-2A3 | 6.00% | 08/25/2037 | 226667 |
|  | Countrywide Home Loan Mortgage Pass Through Trust |  |  |  |
| 93768 | &nbsp;&nbsp;Series 2005-HYB9-3A2A (12 mo. Term SOFR + 2.47%, 1.75% Floor, 11.00% Cap) | 6.66% | 02/20/2036 | 81542 |
| 239889 | &nbsp;&nbsp;Series 2007-14-A15 | 6.50% | 09/25/2037 | 129787 |
| 4697733 | &nbsp;&nbsp;Series 2007-14-A19 | 6.00% | 09/25/2037 | 2356246 |
| 289329 | &nbsp;&nbsp;Series 2007-HY1-1A1 | 4.74 %<sup>(g)</sup> | 04/25/2037 | 271116 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Credit Suisse First Boston Mortgage Securities Corp. |  |  |  |
| 355721 | &nbsp;&nbsp;Series 2005-10-6A9 | 5.50% | 11/25/2035 | 124628 |
| 155844 | &nbsp;&nbsp;Series 2005-9-5A9 | 5.50% | 10/25/2035 | 78397 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 341976 | &nbsp;&nbsp;Series 2011-12R-3A5 | 6.20 %<sup>(a)(g)</sup> | 07/27/2036 | 339760 |
| 1500000 | &nbsp;&nbsp;Series 2021-NQM6-B1 | 3.29 %<sup>(a)(g)</sup> | 07/25/2066 | 1043977 |
|  | CSAB Mortgage Backed Trust |  |  |  |
| 250707 | &nbsp;&nbsp;Series 2006-2-A5A | 6.58 %<sup>(b)</sup> | 09/25/2036 | 72595 |
|  | DB US Financial Markets Holding Corp. |  |  |  |
| 86310 | &nbsp;&nbsp;Series 2014-RS1-1A2 | 6.50 %<sup>(a)(g)</sup> | 07/27/2037 | 72851 |
|  | Deutsche ALT-A Securities, Inc. |  |  |  |
| 150344 | &nbsp;&nbsp;Series 2006-AB4-A1A | 6.01 %<sup>(g)</sup> | 10/25/2036 | 131445 |
|  | Fannie Mae Connecticut Avenue Securities |  |  |  |
| 6200000 | &nbsp;&nbsp;Series 2024-R01-1M2 (30 day avg SOFR US + 1.80%, 0.00% Floor) | 6.11 %<sup>(a)</sup> | 01/25/2044 | 6274828 |
| 7500000 | &nbsp;&nbsp;Series 2025-R04-1M2 (30 day avg SOFR US + 1.50%, 0.00% Floor) | 5.81 %<sup>(a)</sup> | 05/25/2045 | 7519285 |
|  | FirstKey Homes Trust |  |  |  |
| 6452000 | &nbsp;&nbsp;Series 2021-SFR1-F1 | 3.24 %<sup>(a)</sup> | 08/17/2038 | 6273731 |
|  | Freddie Mac Structured Agency Credit Risk Debt Notes |  |  |  |
| 4300000 | &nbsp;&nbsp;Series 2024-DNA1-M2 (30 day avg SOFR US + 1.95%, 0.00% Floor) | 6.26 %<sup>(a)</sup> | 02/25/2044 | 4367601 |
|  | Freedom Mortgage Parent LLC |  |  |  |
| 8000000 | &nbsp;&nbsp;Series 2021-GT1-A | 3.62 %<sup>(a)(g)</sup> | 07/25/2026 | 7590127 |
|  | GCAT |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2019-NQM3-B1 | 3.95 %<sup>(a)(g)</sup> | 11/25/2059 | 432671 |
|  | Home Partners of America Trust |  |  |  |
| 6410959 | &nbsp;&nbsp;Series 2019-2-F | 3.87 %<sup>(a)</sup> | 10/19/2039 | 6143344 |
|  | Impac Secured Assets CMN Owner Trust |  |  |  |
| 624504 | &nbsp;&nbsp;Series 2006-5-1A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor, 11.50% Cap) | 4.97% | 02/25/2037 | 575343 |
|  | JP Morgan Mortgage Trust |  |  |  |
| 401115 | &nbsp;&nbsp;Series 2005-S3-1A2 | 5.75% | 01/25/2036 | 172104 |
| 270407 | &nbsp;&nbsp;Series 2007-A2-4A1M | 4.75 %<sup>(g)</sup> | 04/25/2037 | 222655 |
|  | Legacy Mortgage Asset Trust |  |  |  |
| 3649862 | &nbsp;&nbsp;Series 2021-GS1-A2 | 7.84 %<sup>(a)(b)</sup> | 10/25/2066 | 3651979 |
|  | Lehman Mortgage Trust |  |  |  |
| 103408 | &nbsp;&nbsp;Series 2006-1-1A3 | 5.50% | 02/25/2036 | 47887 |
|  | Mastr Adjustable Rate Mortgages Trust |  |  |  |
| 67831 | &nbsp;&nbsp;Series 2006-2-2A1 | 7.35 %<sup>(g)</sup> | 04/25/2036 | 31955 |
|  | Merrill Lynch Alternative Note Asset |  |  |  |
| 257797 | &nbsp;&nbsp;Series 2007-F1-2A7 | 6.00% | 03/25/2037 | 85143 |
|  | Merrill Lynch Mortgage Investors, Inc. |  |  |  |
| 535098 | &nbsp;&nbsp;Series 2006-AF1-AF2C | 6.25% | 08/25/2036 | 205065 |
|  | Morgan Stanley Mortgage Loan Trust |  |  |  |
| 4195013 | &nbsp;&nbsp;Series 2005-7-3A1 | 4.63 %<sup>(g)</sup> | 11/25/2035 | 2280280 |
| 67850 | &nbsp;&nbsp;Series 2005-7-4A1 | 5.50% | 11/25/2035 | 40016 |
| 269178 | &nbsp;&nbsp;Series 2006-2-7A1 | 5.44 %<sup>(g)</sup> | 02/25/2036 | 150348 |
| 412715 | &nbsp;&nbsp;Series 2007-8XS-A1 | 5.75 %<sup>(g)</sup> | 04/25/2037 | 199698 |
|  | Morgan Stanley Resecuritization Trust |  |  |  |
| 6539495 | &nbsp;&nbsp;Series 2013-R7-8B (12 Month US Treasury Average + 0.96%, 0.96% Floor) | 5.46 %<sup>(a)</sup> | 12/26/2046 | 6247311 |
|  | New Century Home Equity Loan Trust |  |  |  |
| 796142 | &nbsp;&nbsp;Series 2006-1-A2B (1 mo. Term SOFR + 0.47%, 0.36% Floor, 12.50% Cap) | 4.79% | 05/25/2036 | 799288 |
|  | Novastar Home Equity Loan |  |  |  |
| 9309307 | &nbsp;&nbsp;Series 2006-3-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor, 11.00% Cap) | 4.75% | 10/25/2036 | 4228814 |
|  | Onslow Bay Mortgage Loan Trust |  |  |  |
| 1375000 | &nbsp;&nbsp;Series 2024-NQM18-M1 | 6.17 %<sup>(a)(g)</sup> | 10/25/2064 | 1383860 |
|  | PennyMac Mortgage Investment Trust |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2021-FT1-A (1 mo. Term SOFR + 3.11%, 3.12% Floor) | 7.43 %<sup>(a)</sup> | 03/25/2026 | 502746 |
|  | Progress Residential Trust |  |  |  |
| 8100000 | &nbsp;&nbsp;Series 2021-SFR3-F | 3.44 %<sup>(a)</sup> | 05/17/2026 | 7988242 |
| 6000000 | &nbsp;&nbsp;Series 2024-SFR3-E1 | 4.00 %<sup>(a)</sup> | 06/17/2041 | 5635141 |
|  | PRPM LLC |  |  |  |
| 4962826 | &nbsp;&nbsp;Series 2025-3-A1 | 6.26 %<sup>(a)(b)</sup> | 05/25/2030 | 5080624 |
| 7000000 | &nbsp;&nbsp;Series 2025-4-A1 | 6.18 %<sup>(a)(b)</sup> | 06/25/2030 | 7094745 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | RALI Trust |  |  |  |
| 229357 | &nbsp;&nbsp;Series 2006-QS12-2A3 | 6.00% | 09/25/2036 | 186062 |
|  | Residential Asset Securitization Trust |  |  |  |
| 1488931 | &nbsp;&nbsp;Series 2005-A15-5A2 | 5.75% | 02/25/2036 | 498743 |
| 345150 | &nbsp;&nbsp;Series 2006-A2-A11 | 6.00% | 01/25/2046 | 124705 |
|  | Residential Mortgage Loan Trust |  |  |  |
| 5750000 | &nbsp;&nbsp;Series 2020-1-B1 | 3.95 %<sup>(a)(g)</sup> | 01/26/2060 | 5509169 |
|  | RFMSI Trust |  |  |  |
| 2324003 | &nbsp;&nbsp;Series 2006-S8-A10 | 6.00% | 09/25/2036 | 1855891 |
|  | Soundview Home Equity Loan Trust |  |  |  |
| 4055333 | &nbsp;&nbsp;Series 2007-OPT1-2A2 (1 mo. Term SOFR + 0.26%, 0.15% Floor) | 4.58% | 06/25/2037 | 2669947 |
|  | Starwood Mortgage Residential Trust |  |  |  |
| 1116000 | &nbsp;&nbsp;Series 2019-INV1-B1 | 3.66 %<sup>(a)(g)</sup> | 09/27/2049 | 1051510 |
|  | Structured Adjustable Rate Mortgage Loan Trust |  |  |  |
| 449738 | &nbsp;&nbsp;Series 2005-22-4A1 | 5.50 %<sup>(g)</sup> | 12/25/2035 | 418244 |
|  | Structured Asset Securities Corp. |  |  |  |
| 6573802 | &nbsp;&nbsp;Series 2007-OSI-A4 (1 mo. Term SOFR + 0.31%, 0.20% Floor) | 4.83% | 06/25/2037 | 4356235 |
| 4596267 | &nbsp;&nbsp;Series 2007-RF1-1A (1 mo. Term SOFR + 0.30%, 0.19% Floor) | 4.62 %<sup>(a)</sup> | 03/25/2037 | 3782439 |
|  | TBW Mortgage Backed Pass Through Certificates |  |  |  |
| 13414977 | &nbsp;&nbsp;Series 2006-3-4A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 7.50% Cap) | 4.83% | 07/25/2036 | 993442 |
| 13415064 | &nbsp;&nbsp;Series 2006-3-4A3 (-1 x 1 mo. Term SOFR + 6.99%, 0.00% Floor, 7.10% Cap) | 2.67 %<sup>(h)(i)</sup> | 07/25/2036 | 602959 |
|  | Tricon American Homes Trust |  |  |  |
| 5000000 | &nbsp;&nbsp;Series 2019-SFR1-F | 3.75 %<sup>(a)</sup> | 03/17/2038 | 4924491 |
|  | VCAT Asset Securitization LLC |  |  |  |
| 6776011 | &nbsp;&nbsp;Series 2025-NPL1-A1 | 5.88 %<sup>(a)(b)</sup> | 01/25/2055 | 6794222 |
| 7035787 | &nbsp;&nbsp;Series 2025-NPL2-A1 | 5.98 %<sup>(a)(b)</sup> | 01/25/2055 | 7055217 |
|  | Velocity Commercial Capital Loan Trust |  |  |  |
| 1006289 | &nbsp;&nbsp;Series 2018-2-M2 | 4.51 %<sup>(a)(g)</sup> | 10/26/2048 | 960236 |
| 256024 | &nbsp;&nbsp;Series 2018-2-M3 | 4.72 %<sup>(a)(g)</sup> | 10/26/2048 | 238277 |
| 869805 | &nbsp;&nbsp;Series 2019-1-M5 | 5.70 %<sup>(a)(g)</sup> | 03/25/2049 | 739910 |
| 1058964 | &nbsp;&nbsp;Series 2019-2-M4 | 3.99 %<sup>(a)(g)</sup> | 07/25/2049 | 874757 |
|  | Verus Securitization Trust |  |  |  |
| 3100000 | &nbsp;&nbsp;Series 2019-INV3-B1 | 3.73 %<sup>(a)(g)</sup> | 11/25/2059 | 3022910 |
| 2600000 | &nbsp;&nbsp;Series 2021-3-B1 | 3.20 %<sup>(a)(g)</sup> | 06/25/2066 | 1857019 |
| 5000000 | &nbsp;&nbsp;Series 2021-7-B1 | 4.14 %<sup>(a)(g)</sup> | 10/25/2066 | 3898714 |
| 3000000 | &nbsp;&nbsp;Series 2021-R2-B1 | 3.25 %<sup>(a)(g)</sup> | 02/25/2064 | 2370532 |
| 4750000 | &nbsp;&nbsp;Series 2024-6-M1 | 6.18 %<sup>(a)(g)</sup> | 07/25/2069 | 4773893 |
| 2000000 | &nbsp;&nbsp;Series 2024-9-M1 | 6.20 %<sup>(a)(g)</sup> | 11/25/2069 | 2014821 |
| 6125000 | &nbsp;&nbsp;Series 2025-1-M1 | 6.51 %<sup>(a)(g)</sup> | 01/25/2070 | 6218104 |
| 1093000 | &nbsp;&nbsp;Series 2025-2-B1 | 6.97 %<sup>(a)</sup> | 03/25/2070 | 1094744 |
|  | WaMu Mortgage Pass Through Certificates |  |  |  |
| 636755 | &nbsp;&nbsp;Series 2007-HY6-2A2 | 3.91 %<sup>(g)</sup> | 06/25/2037 | 558990 |
|  | Washington Mutual Alternative Mortgage Pass-Through Certificates |  |  |  |
| 419041 | &nbsp;&nbsp;Series 2006-2-4CB | 6.00% | 03/25/2036 | 414021 |
|  | Wells Fargo Alternative Loan Trust |  |  |  |
| 199289 | &nbsp;&nbsp;Series 2007-PA5-1A1 | 6.25% | 11/25/2037 | 179332 |
|  | Wells Fargo Home Equity Trust |  |  |  |
| 4534286 | &nbsp;&nbsp;Series 2007-2-A4 (1 mo. Term SOFR + 0.71%, 0.60% Floor) | 5.03% | 04/25/2037 | 3291534 |
|  | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $231,688,081)** |  |  | **205032541** |
| **US CORPORATE BONDS - 4.0%** | **US CORPORATE BONDS - 4.0%** | **US CORPORATE BONDS - 4.0%** |  |  |
| 215000 | AAR Escrow Issuer LLC | 6.75 %<sup>(a)</sup> | 03/15/2029 | 222952 |
| 425000 | Academy Ltd. | 6.00 %<sup>(a)</sup> | 11/15/2027 | 426420 |
| 75000 | Acrisure LLC / Acrisure Finance, Inc. | 6.00 %<sup>(a)</sup> | 08/01/2029 | 72980 |
| 240000 | Acrisure LLC / Acrisure Finance, Inc. | 6.75 %<sup>(a)</sup> | 07/01/2032 | 243612 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 275000 | Acuris Finance US, Inc. / Acuris Finance SARL | 5.00 %<sup>(a)</sup> | 05/01/2028 | 262654 |
| 90000 | Acushnet Co. | 7.38 %<sup>(a)</sup> | 10/15/2028 | 93922 |
| 95000 | AdaptHealth LLC | 5.13 %<sup>(a)</sup> | 03/01/2030 | 90354 |
| 450000 | Advanced Drainage Systems, Inc. | 6.38 %<sup>(a)</sup> | 06/15/2030 | 460585 |
| 240000 | Aethon United BR LP / Aethon United Finance Corp. | 7.50 %<sup>(a)</sup> | 10/01/2029 | 251923 |
| 215000 | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer | 6.75 %<sup>(a)</sup> | 10/15/2027 | 215319 |
| 245000 | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer | 6.50 %<sup>(a)</sup> | 10/01/2031 | 249863 |
| 280000 | Allied Universal Holdco LLC | 7.88 %<sup>(a)</sup> | 02/15/2031 | 292763 |
| 200000 | Allied Universal Holdco LLC / Allied Universal Finance Corp. | 6.00 %<sup>(a)</sup> | 06/01/2029 | 194696 |
| 60000 | AMC Entertainment Holdings, Inc. | 7.50 %<sup>(a)</sup> | 02/15/2029 | 47349 |
| 115000 | Amentum Holdings, Inc. | 7.25 %<sup>(a)</sup> | 08/01/2032 | 118434 |
| 165000 | American Airlines, Inc. | 8.50 %<sup>(a)</sup> | 05/15/2029 | 173111 |
| 100000 | American Axle & Manufacturing, Inc. | 5.00% | 10/01/2029 | 91590 |
| 185000 | AmWINS Group, Inc. | 4.88 %<sup>(a)</sup> | 06/30/2029 | 179901 |
| 110000 | Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp. | 7.00 %<sup>(a)</sup> | 04/15/2030 | 102869 |
| 40000 | Anywhere Real Estate Group LLC / Realogy Co.-Issuer Corp. | 5.25 %<sup>(a)</sup> | 04/15/2030 | 32818 |
| 80000 | APH / APH2 / APH3 | 7.88 %<sup>(a)</sup> | 11/01/2029 | 81900 |
| 230000 | Archrock Partners LP / Archrock Partners Finance Corp. | 6.63 %<sup>(a)</sup> | 09/01/2032 | 234486 |
| 90000 | Arcosa, Inc. | 6.88 %<sup>(a)</sup> | 08/15/2032 | 93460 |
| 410000 | Arsenal AIC Parent LLC | 8.00 %<sup>(a)</sup> | 10/01/2030 | 438061 |
| 30000 | Artera Services LLC | 8.50 %<sup>(a)</sup> | 02/15/2031 | 25006 |
| 130000 | Ashton Woods USA LLC / Ashton Woods Finance Co. | 4.63 %<sup>(a)</sup> | 04/01/2030 | 124122 |
| 170000 | AssuredPartners, Inc. | 5.63 %<sup>(a)</sup> | 01/15/2029 | 169656 |
| 165000 | AthenaHealth Group, Inc. | 6.50 %<sup>(a)</sup> | 02/15/2030 | 162561 |
| 285000 | Avient Corp. | 6.25 %<sup>(a)</sup> | 11/01/2031 | 287843 |
| 130000 | Azorra Finance Ltd. | 7.75 %<sup>(a)</sup> | 04/15/2030 | 135674 |
| 225000 | Azorra Finance Ltd. | 7.25 %<sup>(a)</sup> | 01/15/2031 | 230270 |
| 230000 | Bausch + Lomb Corp. | 8.38 %<sup>(a)</sup> | 10/01/2028 | 240350 |
| 60000 | Bausch Health Americas, Inc. | 8.50 %<sup>(a)</sup> | 01/31/2027 | 57189 |
| 170000 | Bausch Health Cos., Inc. | 4.88 %<sup>(a)</sup> | 06/01/2028 | 143544 |
| 90000 | Bausch Health Cos., Inc. | 5.25 %<sup>(a)</sup> | 01/30/2030 | 57068 |
| 15000 | Bausch Health Cos., Inc. | 14.00 %<sup>(a)</sup> | 10/15/2030 | 13136 |
| 220000 | Blue Racer Midstream LLC / Blue Racer Finance Corp. | 7.25 %<sup>(a)</sup> | 07/15/2032 | 233264 |
| 60000 | Brand Industrial Services, Inc. | 10.38 %<sup>(a)</sup> | 08/01/2030 | 55433 |
| 315000 | Buckeye Partners LP | 6.88 %<sup>(a)</sup> | 07/01/2029 | 326544 |
| 265000 | Builders FirstSource, Inc. | 6.38 %<sup>(a)</sup> | 03/01/2034 | 270385 |
| 150000 | Builders FirstSource, Inc. | 6.75 %<sup>(a)</sup> | 05/15/2035 | 154630 |
| 100000 | CACI International, Inc. | 6.38 %<sup>(a)</sup> | 06/15/2033 | 103320 |
| 335000 | Caesars Entertainment, Inc. | 6.00 %<sup>(a)</sup> | 10/15/2032 | 328748 |
| 340000 | Carnival Corp. | 5.75 %<sup>(a)</sup> | 03/01/2027 | 343020 |
| 570000 | Carnival Corp. | 5.88 %<sup>(a)</sup> | 06/15/2031 | 581044 |
| 81639 | Carvana Co.<br> 9.00% Cash or 12.00% PIK | 9.00 %<sup>(a)</sup> | 12/01/2028 | 83821 |
| 135000 | Carvana Co.<br> 11.00% Cash or 13.00% PIK | 11.00 %<sup>(a)</sup> | 06/01/2030 | 142055 |
| 36000 | Castle US Holding Corp. | 10.00 %<sup>(a)</sup> | 06/30/2031 | 15660 |
| 285000 | CCO Holdings LLC / CCO Holdings Capital Corp. | 5.13 %<sup>(a)</sup> | 05/01/2027 | 284278 |
| 550000 | CCO Holdings LLC / CCO Holdings Capital Corp. | 4.75 %<sup>(a)</sup> | 03/01/2030 | 533251 |
| 255000 | CCO Holdings LLC / CCO Holdings Capital Corp. | 4.75 %<sup>(a)</sup> | 02/01/2032 | 242034 |
| 135000 | Celanese US Holdings LLC | 6.50% | 04/15/2030 | 138280 |
| 135000 | Celanese US Holdings LLC | 6.75% | 04/15/2033 | 136512 |
| 65000 | Central Parent LLC / CDK Global II LLC / CDK Financing Co., Inc. | 8.00 %<sup>(a)</sup> | 06/15/2029 | 53810 |
| 265000 | Chord Energy Corp. | 6.75 %<sup>(a)</sup> | 03/15/2033 | 270896 |
| 205000 | CHS/Community Health Systems, Inc. | 6.00 %<sup>(a)</sup> | 01/15/2029 | 197349 |
| 85000 | CHS/Community Health Systems, Inc. | 6.88 %<sup>(a)</sup> | 04/15/2029 | 67845 |
| 145000 | CHS/Community Health Systems, Inc. | 4.75 %<sup>(a)</sup> | 02/15/2031 | 124080 |
| 100000 | Civitas Resources, Inc. | 8.38 %<sup>(a)</sup> | 07/01/2028 | 102516 |
| 140000 | Clarios Global LP / Clarios US Finance Co. | 6.75 %<sup>(a)</sup> | 05/15/2028 | 143827 |
| 555000 | Clarios Global LP / Clarios US Finance Co. | 6.75 %<sup>(a)</sup> | 02/15/2030 | 577526 |
| 90000 | Clarivate Science Holdings Corp. | 4.88 %<sup>(a)</sup> | 07/01/2029 | 84833 |
| 70000 | Clear Channel Outdoor Holdings, Inc. | 7.50 %<sup>(a)</sup> | 06/01/2029 | 64800 |
| 110000 | Clear Channel Outdoor Holdings, Inc. | 7.88 %<sup>(a)</sup> | 04/01/2030 | 113647 |
| 305000 | Clearway Energy Operating LLC | 4.75 %<sup>(a)</sup> | 03/15/2028 | 301561 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 155000 | Cleveland-Cliffs, Inc. | 6.88 %<sup>(a)</sup> | 11/01/2029 | 152742 |
| 135000 | Cloud Software Group, Inc. | 6.50 %<sup>(a)</sup> | 03/31/2029 | 136344 |
| 90000 | Cloud Software Group, Inc. | 9.00 %<sup>(a)</sup> | 09/30/2029 | 93371 |
| 160000 | Clydesdale Acquisition Holdings, Inc. | 6.75 %<sup>(a)</sup> | 04/15/2032 | 164303 |
| 205000 | CNX Midstream Partners LP | 4.75 %<sup>(a)</sup> | 04/15/2030 | 194172 |
| 185000 | CNX Resources Corp. | 6.00 %<sup>(a)</sup> | 01/15/2029 | 185860 |
| 47000 | CommScope LLC | 4.75 %<sup>(a)</sup> | 09/01/2029 | 45944 |
| 110000 | CommScope LLC | 9.50 %<sup>(a)</sup> | 12/15/2031 | 115274 |
| 65000 | CommScope Technologies LLC | 5.00 %<sup>(a)</sup> | 03/15/2027 | 63366 |
| 115000 | CoreWeave, Inc. | 9.25 %<sup>(a)</sup> | 06/01/2030 | 117666 |
| 30000 | Cornerstone Building Brands, Inc. | 6.13 %<sup>(a)</sup> | 01/15/2029 | 21781 |
| 155000 | Cornerstone Building Brands, Inc. | 9.50 %<sup>(a)</sup> | 08/15/2029 | 142630 |
| 110000 | Cougar JV Subsidiary LLC | 8.00 %<sup>(a)</sup> | 05/15/2032 | 117361 |
| 470000 | CQP Holdco LP / BIP-V Chinook Holdco LLC | 5.50 %<sup>(a)</sup> | 06/15/2031 | 464631 |
| 430000 | CSC Holdings LLC | 6.50 %<sup>(a)</sup> | 02/01/2029 | 350014 |
| 100000 | Dana, Inc. | 5.38% | 11/15/2027 | 100405 |
| 65000 | Dana, Inc. | 4.25% | 09/01/2030 | 64105 |
| 290000 | Dcli Bidco LLC | 7.75 %<sup>(a)</sup> | 11/15/2029 | 294003 |
| 150000 | Dealer Tire LLC / DT Issuer LLC | 8.00 %<sup>(a)</sup> | 02/01/2028 | 145018 |
| 75000 | Diebold Nixdorf, Inc. | 7.75 %<sup>(a)</sup> | 03/31/2030 | 79755 |
| 190000 | Directv Financing LLC / Directv Financing Co.-Obligor, Inc. | 5.88 %<sup>(a)</sup> | 08/15/2027 | 189499 |
| 260000 | DISH DBS Corp. | 5.75 %<sup>(a)</sup> | 12/01/2028 | 225550 |
| 110000 | DISH DBS Corp. | 5.13% | 06/01/2029 | 73425 |
| 120000 | Dornoch Debt Merger Sub, Inc. | 6.63 %<sup>(a)</sup> | 10/15/2029 | 93076 |
| 210000 | EchoStar Corp. | 10.75% | 11/30/2029 | 216478 |
| 440000 | Ellucian Holdings, Inc. | 6.50 %<sup>(a)</sup> | 12/01/2029 | 451085 |
| 70000 | Embarq LLC | 8.00% | 06/01/2036 | 32139 |
| 320000 | EMRLD Borrower LP / Emerald Co.-Issuer, Inc. | 6.63 %<sup>(a)</sup> | 12/15/2030 | 327495 |
| 85000 | Energizer Holdings, Inc. | 6.50 %<sup>(a)</sup> | 12/31/2027 | 86049 |
| 320000 | Everi Holdings, Inc. | 5.00 %<sup>(a)</sup> | 07/15/2029 | 323559 |
| 65000 | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc. | 6.75 %<sup>(a)</sup> | 01/15/2030 | 60035 |
| 145000 | Fortress Transportation and Infrastructure Investors LLC | 5.88 %<sup>(a)</sup> | 04/15/2033 | 143293 |
| 170000 | Freedom Mortgage Holdings LLC | 8.38 %<sup>(a)</sup> | 04/01/2032 | 171967 |
| 208218 | Frontier Communications Holdings LLC | 5.88% | 11/01/2029 | 210458 |
| 115000 | Full House Resorts, Inc. | 8.25 %<sup>(a)</sup> | 02/15/2028 | 111822 |
| 150000 | Gates Corp./DE | 6.88 %<sup>(a)</sup> | 07/01/2029 | 155943 |
| 445000 | Genesee & Wyoming, Inc. | 6.25 %<sup>(a)</sup> | 04/15/2032 | 454622 |
| 200000 | Genting New York LLC / GENNY Capital, Inc. | 7.25 %<sup>(a)</sup> | 10/01/2029 | 207652 |
| 140000 | Goat Holdco LLC | 6.75 %<sup>(a)</sup> | 02/01/2032 | 142446 |
| 95000 | Goodyear Tire & Rubber Co. | 5.25% | 07/15/2031 | 91151 |
| 80000 | GrafTech Finance, Inc. | 4.63 %<sup>(a)</sup> | 12/23/2029 | 55200 |
| 110000 | Gray Media, Inc. | 10.50 %<sup>(a)</sup> | 07/15/2029 | 118258 |
| 415000 | Griffon Corp. | 5.75% | 03/01/2028 | 415213 |
| 150000 | Group 1 Automotive, Inc. | 6.38 %<sup>(a)</sup> | 01/15/2030 | 154311 |
| 240000 | Gulfport Energy Operating Corp. | 6.75 %<sup>(a)</sup> | 09/01/2029 | 246265 |
| 305000 | Harvest Midstream I LP | 7.50 %<sup>(a)</sup> | 05/15/2032 | 322363 |
| 315000 | Helios Software Holdings, Inc. / ION Corporate Solutions Finance Sarl | 4.63 %<sup>(a)</sup> | 05/01/2028 | 298277 |
| 155000 | Herc Holdings, Inc. | 7.00 %<sup>(a)</sup> | 06/15/2030 | 161972 |
| 140000 | Hess Midstream Operations LP | 5.50 %<sup>(a)</sup> | 10/15/2030 | 140716 |
| 110000 | Hightower Holding LLC | 6.75 %<sup>(a)</sup> | 04/15/2029 | 109720 |
| 125000 | Hilcorp Energy I LP / Hilcorp Finance Co. | 7.25 %<sup>(a)</sup> | 02/15/2035 | 122348 |
| 195000 | HUB International Ltd. | 7.25 %<sup>(a)</sup> | 06/15/2030 | 203925 |
| 150000 | Icahn Enterprises LP / Icahn Enterprises Finance Corp. | 5.25% | 05/15/2027 | 145467 |
| 200000 | Illuminate Buyer LLC / Illuminate Holdings IV, Inc. | 9.00 %<sup>(a)</sup> | 07/01/2028 | 201117 |
| 335000 | Installed Building Products, Inc. | 5.75 %<sup>(a)</sup> | 02/01/2028 | 335366 |
| 195000 | IQVIA, Inc. | 6.25 %<sup>(a)</sup> | 06/01/2032 | 200356 |
| 195000 | Iron Mountain, Inc. | 7.00 %<sup>(a)</sup> | 02/15/2029 | 201994 |
| 50000 | Iron Mountain, Inc. | 6.25 %<sup>(a)</sup> | 01/15/2033 | 51445 |
| 110000 | JetBlue Airways Corp. / JetBlue Loyalty LP | 9.88 %<sup>(a)</sup> | 09/20/2031 | 107086 |
| 320000 | Kodiak Gas Services LLC | 7.25 %<sup>(a)</sup> | 02/15/2029 | 331216 |
| 115000 | Level 3 Financing, Inc. | 3.75 %<sup>(a)</sup> | 07/15/2029 | 97319 |
| 195000 | Level 3 Financing, Inc. | 4.50 %<sup>(a)</sup> | 04/01/2030 | 177450 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 285000 | Level 3 Financing, Inc. | 6.88 %<sup>(a)</sup> | 06/30/2033 | 290199 |
| 150000 | LFS Topco LLC | 5.88 %<sup>(a)</sup> | 10/15/2026 | 150084 |
| 80000 | LFS Topco LLC | 8.75 %<sup>(a)</sup> | 07/15/2030 | 78759 |
| 335000 | Life Time, Inc. | 6.00 %<sup>(a)</sup> | 11/15/2031 | 340552 |
| 190000 | LifePoint Health, Inc. | 10.00 %<sup>(a)</sup> | 06/01/2032 | 196254 |
| 220000 | Light & Wonder International, Inc. | 7.25 %<sup>(a)</sup> | 11/15/2029 | 226794 |
| 135000 | Lightning Power LLC | 7.25 %<sup>(a)</sup> | 08/15/2032 | 142168 |
| 95000 | Live Nation Entertainment, Inc. | 6.50 %<sup>(a)</sup> | 05/15/2027 | 96468 |
| 460000 | M/I Homes, Inc. | 4.95% | 02/01/2028 | 457402 |
| 550000 | Madison IAQ LLC | 5.88 %<sup>(a)</sup> | 06/30/2029 | 541420 |
| 180000 | Matador Resources Co. | 6.50 %<sup>(a)</sup> | 04/15/2032 | 180213 |
| 210000 | Match Group Holdings II LLC | 5.00 %<sup>(a)</sup> | 12/15/2027 | 208999 |
| 70000 | Mativ Holdings, Inc. | 8.00 %<sup>(a)</sup> | 10/01/2029 | 63513 |
| 90000 | Mavis Tire Express Services Topco Corp. | 6.50 %<sup>(a)</sup> | 05/15/2029 | 88476 |
| 65000 | McAfee Corp. | 7.38 %<sup>(a)</sup> | 02/15/2030 | 61449 |
| 120000 | McGraw-Hill Education, Inc. | 5.75 %<sup>(a)</sup> | 08/01/2028 | 120806 |
| 45000 | McGraw-Hill Education, Inc. | 7.38 %<sup>(a)</sup> | 09/01/2031 | 46976 |
| 345000 | Medline Borrower LP | 5.25 %<sup>(a)</sup> | 10/01/2029 | 342562 |
| 135000 | Medline Borrower LP/Medline Co.-Issuer, Inc. | 6.25 %<sup>(a)</sup> | 04/01/2029 | 138852 |
| 115000 | Michaels Cos., Inc. | 5.25 %<sup>(a)</sup> | 05/01/2028 | 92518 |
| 160000 | Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp. | 4.88 %<sup>(a)</sup> | 05/01/2029 | 154223 |
| 220000 | Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC | 6.75 %<sup>(a)</sup> | 04/01/2032 | 225782 |
| 145000 | Nabors Industries, Inc. | 9.13 %<sup>(a)</sup> | 01/31/2030 | 138953 |
| 230000 | Nationstar Mortgage Holdings, Inc. | 6.00 %<sup>(a)</sup> | 01/15/2027 | 230392 |
| 85000 | Navient Corp. | 5.00% | 03/15/2027 | 84715 |
| 85000 | Navient Corp. | 7.88% | 06/15/2032 | 88506 |
| 39000 | NCL Corp. Ltd. | 5.88 %<sup>(a)</sup> | 03/15/2026 | 39203 |
| 500000 | NCL Corp. Ltd. | 6.25 %<sup>(a)</sup> | 03/01/2030 | 504580 |
| 540000 | NCL Corp. Ltd. | 6.75 %<sup>(a)</sup> | 02/01/2032 | 552017 |
| 90000 | NGL Energy Operating LLC / NGL Energy Finance Corp. | 8.13 %<sup>(a)</sup> | 02/15/2029 | 90996 |
| 540000 | Novelis Corp. | 6.88 %<sup>(a)</sup> | 01/30/2030 | 558660 |
| 150000 | NRG Energy, Inc. | 6.00 %<sup>(a)</sup> | 02/01/2033 | 151589 |
| 105000 | Olin Corp. | 6.63 %<sup>(a)</sup> | 04/01/2033 | 103474 |
| 200000 | Olympus Water US Holding Corp. | 9.75 %<sup>(a)</sup> | 11/15/2028 | 210856 |
| 20000 | OneMain Finance Corp. | 7.13% | 03/15/2026 | 20309 |
| 220000 | OneMain Finance Corp. | 6.63% | 01/15/2028 | 227331 |
| 265000 | OneMain Finance Corp. | 7.50% | 05/15/2031 | 277075 |
| 100000 | OneMain Finance Corp. | 7.13% | 09/15/2032 | 103652 |
| 190000 | Outfront Media Capital LLC / Outfront Media Capital Corp. | 7.38 %<sup>(a)</sup> | 02/15/2031 | 201300 |
| 170000 | Panther Escrow Issuer LLC | 7.13 %<sup>(a)</sup> | 06/01/2031 | 176699 |
| 310000 | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer | 7.00 %<sup>(a)</sup> | 02/01/2030 | 319010 |
| 55000 | PBF Holding Co. LLC / PBF Finance Corp. | 6.00% | 02/15/2028 | 52644 |
| 75000 | Penn Entertainment, Inc. | 4.13 %<sup>(a)</sup> | 07/01/2029 | 69542 |
| 110000 | PennyMac Financial Services, Inc. | 4.25 %<sup>(a)</sup> | 02/15/2029 | 105853 |
| 120000 | PennyMac Financial Services, Inc. | 7.88 %<sup>(a)</sup> | 12/15/2029 | 127512 |
| 105000 | PennyMac Financial Services, Inc. | 6.88 %<sup>(a)</sup> | 05/15/2032 | 107425 |
| 190000 | Permian Resources Operating LLC | 7.00 %<sup>(a)</sup> | 01/15/2032 | 197088 |
| 115000 | Permian Resources Operating LLC | 6.25 %<sup>(a)</sup> | 02/01/2033 | 116141 |
| 250000 | PetSmart, Inc. / PetSmart Finance Corp. | 7.75 %<sup>(a)</sup> | 02/15/2029 | 243180 |
| 175000 | Pike Corp. | 5.50 %<sup>(a)</sup> | 09/01/2028 | 175007 |
| 100000 | Pike Corp. | 8.63 %<sup>(a)</sup> | 01/31/2031 | 108883 |
| 185000 | Post Holdings, Inc. | 6.38 %<sup>(a)</sup> | 03/01/2033 | 187149 |
| 60000 | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp. | 5.63 %<sup>(a)</sup> | 09/01/2029 | 34425 |
| 95000 | Prime Security Services Borrower LLC / Prime Finance, Inc. | 6.25 %<sup>(a)</sup> | 01/15/2028 | 95234 |
| 515000 | Primo Water Holdings, Inc. / Triton Water Holdings, Inc. | 6.25 %<sup>(a)</sup> | 04/01/2029 | 519017 |
| 720000 | Quikrete Holdings, Inc. | 6.75 %<sup>(a)</sup> | 03/01/2033 | 743365 |
| 105000 | QXO Building Products, Inc. | 6.75 %<sup>(a)</sup> | 04/30/2032 | 108434 |
| 35000 | Radiate Holdco LLC / Radiate Finance, Inc. | 4.50 %<sup>(a)</sup> | 09/15/2026 | 29957 |
| 85295 | Radiology Partners, Inc.<br> 9.78% Cash or 9.78% PIK | 9.78 %<sup>(a)</sup> | 02/15/2030 | 83909 |
| 270000 | Radiology Partners, Inc. | 8.50 %<sup>(a)</sup> | 07/15/2032 | 270967 |
| 355000 | RFNA LP | 7.88 %<sup>(a)</sup> | 02/15/2030 | 363572 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 245000 | RHP Hotel Properties LP / RHP Finance Corp. | 6.50 %<sup>(a)</sup> | 06/15/2033 | 252196 |
| 410000 | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp. | 6.63 %<sup>(a)</sup> | 02/01/2033 | 410858 |
| 145000 | Rocket Cos., Inc. | 6.13 %<sup>(a)</sup> | 08/01/2030 | 147850 |
| 145000 | Rocket Cos., Inc. | 6.38 %<sup>(a)</sup> | 08/01/2033 | 148545 |
| 335000 | Rockies Express Pipeline LLC | 6.75 %<sup>(a)</sup> | 03/15/2033 | 350048 |
| 255000 | Royal Caribbean Cruises Ltd. | 5.50 %<sup>(a)</sup> | 08/31/2026 | 256062 |
| 95000 | Royal Caribbean Cruises Ltd. | 5.63 %<sup>(a)</sup> | 09/30/2031 | 95640 |
| 130000 | Royal Caribbean Cruises Ltd. | 6.25 %<sup>(a)</sup> | 03/15/2032 | 133706 |
| 30000 | Sabre GLBL, Inc. | 8.63 %<sup>(a)</sup> | 06/01/2027 | 30731 |
| 220000 | Sabre GLBL, Inc. | 10.75 %<sup>(a)</sup> | 11/15/2029 | 226885 |
| 105000 | Scientific Games Holdings LP/Scientific Games US FinCo, Inc. | 6.63 %<sup>(a)</sup> | 03/01/2030 | 101270 |
| 210000 | Sealed Air Corp./Sealed Air Corp. US | 7.25 %<sup>(a)</sup> | 02/15/2031 | 221283 |
| 290000 | Select Medical Corp. | 6.25 %<sup>(a)</sup> | 12/01/2032 | 291923 |
| 50000 | Service Properties Trust | 5.50% | 12/15/2027 | 49571 |
| 105000 | Service Properties Trust | 8.88% | 06/15/2032 | 108054 |
| 355000 | Sirius XM Radio LLC | 5.50 %<sup>(a)</sup> | 07/01/2029 | 352892 |
| 90000 | Sitio Royalties Operating Partnership LP / Sitio Finance Corp. | 7.88 %<sup>(a)</sup> | 11/01/2028 | 94292 |
| 260000 | Six Flags Entertainment Corp. | 7.25 %<sup>(a)</sup> | 05/15/2031 | 267361 |
| 235000 | Six Flags Entertainment Corp. / Canada's Wonderland Co. / Magnum Management Corp. | 5.25% | 07/15/2029 | 230281 |
| 180000 | SM Energy Co. | 7.00 %<sup>(a)</sup> | 08/01/2032 | 177557 |
| 140000 | Sonic Automotive, Inc. | 4.63 %<sup>(a)</sup> | 11/15/2029 | 135938 |
| 180000 | Sotera Health Holdings LLC | 7.38 %<sup>(a)</sup> | 06/01/2031 | 187505 |
| 85000 | Spirit AeroSystems, Inc. | 9.75 %<sup>(a)</sup> | 11/15/2030 | 93849 |
| 115000 | Standard Building Solutions, Inc. | 6.50 %<sup>(a)</sup> | 08/15/2032 | 117908 |
| 155000 | Staples, Inc. | 10.75 %<sup>(a)</sup> | 09/01/2029 | 147471 |
| 150000 | Star Leasing Co. LLC | 7.63 %<sup>(a)</sup> | 02/15/2030 | 148871 |
| 140000 | Starwood Property Trust, Inc. | 7.25 %<sup>(a)</sup> | 04/01/2029 | 147430 |
| 155000 | Starwood Property Trust, Inc. | 6.00 %<sup>(a)</sup> | 04/15/2030 | 156877 |
| 25000 | Starz Capital Holdings LLC | 5.50 %<sup>(a)</sup> | 04/15/2029 | 20852 |
| 330000 | Station Casinos LLC | 6.63 %<sup>(a)</sup> | 03/15/2032 | 337635 |
| 135000 | Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.00 %<sup>(a)</sup> | 06/01/2031 | 127807 |
| 205000 | SunCoke Energy, Inc. | 4.88 %<sup>(a)</sup> | 06/30/2029 | 190965 |
| 115000 | Sunoco LP / Sunoco Finance Corp. | 6.00% | 04/15/2027 | 115040 |
| 40000 | SWF Holdings I Corp. | 6.50 %<sup>(a)</sup> | 10/01/2029 | 15500 |
| 190000 | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. | 7.38 %<sup>(a)</sup> | 02/15/2029 | 195399 |
| 80000 | Tenet Healthcare Corp. | 6.25% | 02/01/2027 | 80047 |
| 85000 | Tenet Healthcare Corp. | 6.13% | 10/01/2028 | 85172 |
| 220000 | Tenet Healthcare Corp. | 6.13% | 06/15/2030 | 224100 |
| 215000 | TransDigm, Inc. | 6.88 %<sup>(a)</sup> | 12/15/2030 | 223235 |
| 280000 | TransDigm, Inc. | 6.38 %<sup>(a)</sup> | 05/31/2033 | 280954 |
| 81375 | Transocean Poseidon Ltd. | 6.88 %<sup>(a)</sup> | 02/01/2027 | 81562 |
| 70000 | Transocean, Inc. | 8.00 %<sup>(a)</sup> | 02/01/2027 | 69005 |
| 270000 | Trident TPI Holdings, Inc. | 12.75 %<sup>(a)</sup> | 12/31/2028 | 286748 |
| 225000 | UKG, Inc. | 6.88 %<sup>(a)</sup> | 02/01/2031 | 233595 |
| 225000 | United Airlines, Inc. | 4.63 %<sup>(a)</sup> | 04/15/2029 | 218555 |
| 1180000 | United Natural Foods, Inc. | 6.75 %<sup>(a)</sup> | 10/15/2028 | 1165795 |
| 75000 | Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC | 10.50 %<sup>(a)</sup> | 02/15/2028 | 79560 |
| 120000 | Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC | 8.63 %<sup>(a)</sup> | 06/15/2032 | 121321 |
| 160000 | Univision Communications, Inc. | 4.50 %<sup>(a)</sup> | 05/01/2029 | 145628 |
| 60000 | Univision Communications, Inc. | 8.50 %<sup>(a)</sup> | 07/31/2031 | 60121 |
| 90000 | Upbound Group, Inc. | 6.38 %<sup>(a)</sup> | 02/15/2029 | 89141 |
| 335000 | US Foods, Inc. | 5.75 %<sup>(a)</sup> | 04/15/2033 | 335486 |
| 435000 | Vail Resorts, Inc. | 6.50 %<sup>(a)</sup> | 05/15/2032 | 449739 |
| 155000 | Venture Global LNG, Inc. | 8.13 %<sup>(a)</sup> | 06/01/2028 | 160296 |
| 100000 | Venture Global LNG, Inc. | 8.38 %<sup>(a)</sup> | 06/01/2031 | 103935 |
| 80000 | Venture Global LNG, Inc. | 9.88 %<sup>(a)</sup> | 02/01/2032 | 86447 |
| 50000 | Venture Global Plaquemines LNG LLC | 7.50 %<sup>(a)</sup> | 05/01/2033 | 53576 |
| 165000 | Venture Global Plaquemines LNG LLC | 6.50 %<sup>(a)</sup> | 01/15/2034 | 165000 |
| 100000 | Veritiv Operating Co. | 10.50 %<sup>(a)</sup> | 11/30/2030 | 108374 |
| 200000 | Victra Holdings LLC / Victra Finance Corp. | 8.75 %<sup>(a)</sup> | 09/15/2029 | 209776 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 230000 | Viking Cruises Ltd. | 5.88 %<sup>(a)</sup> | 09/15/2027 | 230272 |
| 195000 | Viking Cruises Ltd. | 9.13 %<sup>(a)</sup> | 07/15/2031 | 210137 |
| 115000 | Vistra Operations Co. LLC | 7.75 %<sup>(a)</sup> | 10/15/2031 | 122309 |
| 135000 | Vistra Operations Co. LLC | 6.88 %<sup>(a)</sup> | 04/15/2032 | 141228 |
| 135000 | Vital Energy, Inc. | 7.88 %<sup>(a)</sup> | 04/15/2032 | 115532 |
| 5040 | Vortex Opco LLC<br> (3 mo. Term SOFR + 6.25%, 0.50% Floor) | 10.54 %<sup>(a)</sup> | 04/30/2030 | 4977 |
| 185000 | Voyager Parent LLC | 9.25 %<sup>(a)</sup> | 07/01/2032 | 192595 |
| 260000 | VT Topco, Inc. | 8.50 %<sup>(a)</sup> | 08/15/2030 | 274328 |
| 50000 | Walgreens Boots Alliance, Inc. | 4.80% | 11/18/2044 | 47795 |
| 180000 | Walker & Dunlop, Inc. | 6.63 %<sup>(a)</sup> | 04/01/2033 | 185149 |
| 120000 | Wand NewCo 3, Inc. | 7.63 %<sup>(a)</sup> | 01/30/2032 | 126219 |
| 235000 | Watco Cos. LLC / Watco Finance Corp. | 7.13 %<sup>(a)</sup> | 08/01/2032 | 245823 |
| 120000 | Wayfair LLC | 7.25 %<sup>(a)</sup> | 10/31/2029 | 120354 |
| 85000 | Weatherford International Ltd. | 8.63 %<sup>(a)</sup> | 04/30/2030 | 87668 |
| 285000 | WESCO Distribution, Inc. | 6.38 %<sup>(a)</sup> | 03/15/2033 | 294773 |
| 145000 | Whirlpool Corp. | 6.50% | 06/15/2033 | 145601 |
| 150000 | Windstream Services LLC / Windstream Escrow Finance Corp. | 8.25 %<sup>(a)</sup> | 10/01/2031 | 157221 |
| 160000 | WR Grace Holdings LLC | 5.63 %<sup>(a)</sup> | 08/15/2029 | 144980 |
| 630000 | XHR LP | 6.63 %<sup>(a)</sup> | 05/15/2030 | 642674 |
| 215000 | XPO, Inc. | 7.13 %<sup>(a)</sup> | 06/01/2031 | 225601 |
|  | **Total US Corporate Bonds (Cost $49,947,902)** |  |  | **50388829** |
| **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 13.1%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 13.1%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 13.1%** |  |  |
|  | Federal Home Loan Mortgage Corp. |  |  |  |
| 4471269 | &nbsp;&nbsp;Pool RJ1071 | 6.00% | 03/01/2054 | 4597094 |
| 4518622 | &nbsp;&nbsp;Pool SD5141 | 6.00% | 04/01/2054 | 4620154 |
| 2926109 | &nbsp;&nbsp;Pool SD5964 | 5.50% | 11/01/2053 | 2959601 |
| 5392442 | &nbsp;&nbsp;Pool SL0223 | 5.50% | 02/01/2055 | 5432465 |
| 445205 | &nbsp;&nbsp;Series 3926-HS (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap) | 2.03 %<sup>(h)(i)</sup> | 09/15/2041 | 38530 |
| 2031740 | &nbsp;&nbsp;Series 4631-FA (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 11/15/2046 | 1991699 |
| 1241492 | &nbsp;&nbsp;Series 4981-GF (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap) | 4.82% | 06/25/2050 | 1209818 |
| 3310408 | &nbsp;&nbsp;Series 5020-IH | 3.00 %<sup>(h)</sup> | 08/25/2050 | 553875 |
| 3879682 | &nbsp;&nbsp;Series 5031-IQ | 2.50 %<sup>(h)</sup> | 10/25/2050 | 606774 |
| 9468963 | &nbsp;&nbsp;Series 5142-QI | 3.00 %<sup>(h)</sup> | 09/25/2051 | 1579455 |
| 7957785 | &nbsp;&nbsp;Series 5181-EI | 2.50 %<sup>(h)</sup> | 05/25/2050 | 1133358 |
| 2739914 | &nbsp;&nbsp;Series 5481-FC (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 12/25/2054 | 2762125 |
| 4760984 | &nbsp;&nbsp;Series 5524-AF (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 04/25/2055 | 4729688 |
| 4009365 | &nbsp;&nbsp;Series 5524-FB (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 04/25/2055 | 3974982 |
| 4017575 | &nbsp;&nbsp;Series 5527-FC (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 09/25/2054 | 4010492 |
| 1517560 | &nbsp;&nbsp;Series 5527-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap) | 5.51% | 09/25/2054 | 1514884 |
| 12011173 | &nbsp;&nbsp;Series 5531-AI | 3.50 %<sup>(h)</sup> | 06/25/2041 | 1523698 |
| 1601844 | &nbsp;&nbsp;Series 5543-FM (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap) | 5.81% | 06/25/2055 | 1616800 |
|  | Federal National Mortgage Association |  |  |  |
| 3334643 | &nbsp;&nbsp;Pool CB7268 | 6.00% | 10/01/2053 | 3421732 |
| 2775802 | &nbsp;&nbsp;Pool CB7996 | 6.00% | 02/01/2054 | 2854048 |
| 3944335 | &nbsp;&nbsp;Pool CB8845 | 5.50% | 07/01/2054 | 3994619 |
| 8239216 | &nbsp;&nbsp;Pool CB9973 | 5.50% | 02/01/2055 | 8309271 |
| 4498030 | &nbsp;&nbsp;Pool FS6422 | 6.00% | 11/01/2053 | 4662029 |
| 1949427 | &nbsp;&nbsp;Pool FS7738 | 6.00% | 03/01/2054 | 2015023 |
| 2814027 | &nbsp;&nbsp;Pool FS8152 | 6.00% | 06/01/2054 | 2883674 |
| 3504721 | &nbsp;&nbsp;Pool MA5615 | 6.00% | 02/01/2055 | 3563910 |
| 5370411 | &nbsp;&nbsp;Series 2013-12-FT (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap) | 4.77% | 02/25/2043 | 5272205 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 6899296 | &nbsp;&nbsp;Series 2017-11-SK (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap) | 1.63 %<sup>(h)(i)</sup> | 03/25/2047 | 829100 |
| 3802259 | &nbsp;&nbsp;Series 2019-57-LF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 10/25/2049 | 3681480 |
| 19756572 | &nbsp;&nbsp;Series 2019-M7-X | 0.44 %<sup>(g)(h)</sup> | 04/25/2029 | 208772 |
| 6581164 | &nbsp;&nbsp;Series 2020-54-AS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap) | 1.73 %<sup>(h)(i)</sup> | 08/25/2050 | 848265 |
| 3552204 | &nbsp;&nbsp;Series 2020-84-LI | 2.50 %<sup>(h)</sup> | 12/25/2050 | 567794 |
| 5020253 | &nbsp;&nbsp;Series 2020-88-PI | 2.50 %<sup>(h)</sup> | 12/25/2050 | 792565 |
| 2618916 | &nbsp;&nbsp;Series 2021-3-QI | 2.50 %<sup>(h)</sup> | 02/25/2051 | 410769 |
| 7865073 | &nbsp;&nbsp;Series 2021-32-AI | 3.00 %<sup>(h)</sup> | 05/25/2046 | 1011330 |
| 7467165 | &nbsp;&nbsp;Series 2021-42-IA | 3.00 %<sup>(h)</sup> | 02/25/2051 | 1135849 |
| 4556966 | &nbsp;&nbsp;Series 2022-43-FA (30 day avg SOFR US + 0.55%, 0.55% Floor, 6.00% Cap) | 4.86% | 07/25/2052 | 4439852 |
| 2948454 | &nbsp;&nbsp;Series 2022-86-IO | 2.50 %<sup>(h)</sup> | 05/25/2050 | 432285 |
| 2920176 | &nbsp;&nbsp;Series 2024-100-FD (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap) | 5.76% | 06/25/2054 | 2938999 |
| 3329376 | &nbsp;&nbsp;Series 2024-33-FE (30 day avg SOFR US + 1.25%, 1.25% Floor, 7.00% Cap) | 5.56% | 06/25/2054 | 3343445 |
| 2422586 | &nbsp;&nbsp;Series 2024-76-FD (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap) | 5.56% | 11/25/2054 | 2423319 |
| 4086180 | &nbsp;&nbsp;Series 2024-89-FD (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap) | 5.71% | 09/25/2053 | 4109719 |
| 3713498 | &nbsp;&nbsp;Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap) | 5.76% | 12/25/2054 | 3737435 |
| 5302611 | &nbsp;&nbsp;Series 2025-28-FM (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap) | 5.56% | 04/25/2055 | 5303287 |
| 6557686 | &nbsp;&nbsp;Series 2025-33-FE (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap) | 5.76% | 08/25/2054 | 6592068 |
| 6272563 | &nbsp;&nbsp;Series 427-C7 | 2.50 %<sup>(h)</sup> | 08/25/2035 | 504874 |
| 16280089 | &nbsp;&nbsp;Series 431-C10 | 2.00 %<sup>(h)</sup> | 04/25/2042 | 1590253 |
| 10715579 | &nbsp;&nbsp;Series 431-C34 | 1.50 %<sup>(h)</sup> | 06/25/2037 | 570226 |
| 8663915 | &nbsp;&nbsp;Series 434-C35 | 3.00 %<sup>(h)</sup> | 10/25/2052 | 1541297 |
| 19857965 | &nbsp;&nbsp;Series 437-C1 | 1.50 %<sup>(h)</sup> | 05/25/2037 | 1064064 |
|  | FREMF Mortgage Trust |  |  |  |
| 639609 | &nbsp;&nbsp;Series 2016-KF18-B (30 day avg SOFR US + 5.61%, 5.50% Floor) | 9.93 %<sup>(a)</sup> | 05/25/2026 | 636548 |
| 700066 | &nbsp;&nbsp;Series 2017-KF30-B (30 day avg SOFR US + 3.36%, 3.25% Floor) | 7.68 %<sup>(a)</sup> | 03/25/2027 | 693266 |
| 2227643 | &nbsp;&nbsp;Series 2019-KF71-C (30 day avg SOFR US + 6.11%, 6.00% Floor) | 10.43 %<sup>(a)</sup> | 10/25/2029 | 2149905 |
|  | Government National Mortgage Association |  |  |  |
| 6866939 | &nbsp;&nbsp;Series 2019-128-KS (-1 x 1 mo. Term SOFR + 2.74%, 0.00% Floor, 2.85% Cap) | 0.00 %<sup>(h)(i)</sup> | 10/20/2049 | 74725 |
| 5847313 | &nbsp;&nbsp;Series 2020-104-SB (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap) | 1.72 %<sup>(h)(i)</sup> | 07/20/2050 | 799772 |
| 12730017 | &nbsp;&nbsp;Series 2020-115-YS (-1 x 1 mo. Term SOFR + 4.09%, 0.00% Floor, 4.20% Cap) | 0.00 %<sup>(h)(i)</sup> | 08/20/2050 | 502941 |
| 25417833 | &nbsp;&nbsp;Series 2020-129-SA (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap) | 0.00 %<sup>(h)(i)</sup> | 09/20/2050 | 548789 |
| 32356495 | &nbsp;&nbsp;Series 2020-146-IJ | 2.50 %<sup>(h)</sup> | 10/20/2050 | 4517436 |
| 3209754 | &nbsp;&nbsp;Series 2020-154-MI | 3.00 %<sup>(h)</sup> | 10/20/2050 | 517866 |
| 12845261 | &nbsp;&nbsp;Series 2020-189-SU (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(h)(i)</sup> | 12/20/2050 | 1943723 |
| 7195065 | &nbsp;&nbsp;Series 2021-1-SH (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(h)(i)</sup> | 01/20/2051 | 1029120 |
| 4242218 | &nbsp;&nbsp;Series 2021-116-XI | 3.50 %<sup>(h)</sup> | 03/20/2051 | 785216 |
| 10589712 | &nbsp;&nbsp;Series 2021-193-DS (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap) | 0.00 %<sup>(h)(i)</sup> | 11/20/2051 | 65322 |
| 7308909 | &nbsp;&nbsp;Series 2021-209-IP | 3.00 %<sup>(h)</sup> | 11/20/2051 | 793310 |
| 68287805 | &nbsp;&nbsp;Series 2021-213-ES (-1 x 30 day avg SOFR US + 1.70%, 0.00% Floor, 1.70% Cap) | 0.00 %<sup>(h)(i)</sup> | 12/20/2051 | 85278 |
| 26511902 | &nbsp;&nbsp;Series 2021-35-IO | 1.03 %<sup>(g)(h)</sup> | 12/16/2062 | 2013921 |
| 2908465 | &nbsp;&nbsp;Series 2022-137-IO | 3.00 %<sup>(h)</sup> | 01/20/2052 | 391898 |
| 46436204 | &nbsp;&nbsp;Series 2022-192-IO | 0.67 %<sup>(g)(h)</sup> | 09/16/2064 | 2599160 |
| 23974804 | &nbsp;&nbsp;Series 2023-15-IO | 0.92 %<sup>(g)(h)</sup> | 08/16/2064 | 1678450 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 8453334 | &nbsp;&nbsp;Series 2023-172-IO | 1.38 %<sup>(g)(h)</sup> | 02/16/2066 | 812566 |
| 12260612 | &nbsp;&nbsp;Series 2023-33-IO | 0.94 %<sup>(g)(h)</sup> | 05/16/2063 | 836912 |
| 46563166 | &nbsp;&nbsp;Series 2024-15-BI | 0.73 %<sup>(g)(h)</sup> | 10/16/2065 | 2784408 |
| 8516359 | &nbsp;&nbsp;Series 2024-170-AI | 0.77 %<sup>(g)(h)</sup> | 10/16/2065 | 560310 |
| 7219373 | &nbsp;&nbsp;Series 2024-170-IO | 1.00 %<sup>(g)(h)</sup> | 03/16/2066 | 565169 |
| 5025511 | &nbsp;&nbsp;Series 2024-174-HI | 3.00 %<sup>(h)</sup> | 05/20/2051 | 756209 |
| 3119396 | &nbsp;&nbsp;Series 2024-24-DI | 3.50 %<sup>(h)</sup> | 11/20/2051 | 578185 |
| 42293031 | &nbsp;&nbsp;Series 2024-35-IB | 0.80 %<sup>(g)(h)</sup> | 07/16/2065 | 2710450 |
| 3687835 | &nbsp;&nbsp;Series 2024-6-BI | 3.00 %<sup>(h)</sup> | 12/20/2051 | 581295 |
| 9704788 | &nbsp;&nbsp;Series 2025-54-IO | 0.64 %<sup>(g)(h)</sup> | 08/16/2067 | 563624 |
| 14120326 | &nbsp;&nbsp;Series 2025-92-IO | 0.55 %<sup>(g)(h)</sup> | 05/16/2067 | 887682 |
|  | **Total US Government and Agency Mortgage Backed Obligations (Cost $166,211,018)** |  |  | **163372506** |
| **US GOVERNMENT AND AGENCY OBLIGATIONS - 4.3%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 4.3%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 4.3%** |  |  |
| 2067962 | United States Treasury Inflation Indexed Bonds | 2.38% | 01/15/2027 | 2102834 |
| 3181304 | United States Treasury Inflation Indexed Bonds | 0.13% | 04/15/2027 | 3115103 |
| 1624395 | United States Treasury Inflation Indexed Bonds | 1.63% | 10/15/2027 | 1644891 |
| 32900000 | United States Treasury Note/Bond | 0.25% | 08/31/2025 | 32670659 |
| 14180000 | United States Treasury Note/Bond | 0.75% | 04/30/2026 | 13796851 |
|  | **Total US Government and Agency Obligations (Cost $53,212,370)** |  |  | **53330338** |
| **COMMON STOCKS - 0.0%<sup>(j)</sup>** | **COMMON STOCKS - 0.0%<sup>(j)</sup>** | **COMMON STOCKS - 0.0%<sup>(j)</sup>** |  |  |
| 9228 | Flame Aggregator - Series R<sup>(e)(k)</sup> |  |  | 184560 |
| 917 | Flame Aggregator - Series U<sup>(e)(k)</sup> |  |  | 18340 |
| 711 | Stichting Administratiekantoor ADR<sup>(e)(k)</sup> |  |  |  |
| 261 | Stichting Administratiekantoor Unigel Creditors<sup>(e)(k)</sup> |  |  |  |
|  | **Total Common Stocks (Cost $20,803)** |  |  | **202900** |
| **ESCROW NOTES - 0.0%<sup>(j)</sup>** | **ESCROW NOTES - 0.0%<sup>(j)</sup>** | **ESCROW NOTES - 0.0%<sup>(j)</sup>** |  |  |
| 600000 | Credito Real SAB de CV SOFOM ER<sup>(k)</sup> |  |  | 7464 |
| 125000 | Parkland Corp.<sup>(e)(k)</sup> |  |  | 63 |
|  | **Total Escrow Notes (Cost $580,750)** |  |  | **7527** |
| **WARRANTS - 0.0%<sup>(j)</sup>** | **WARRANTS - 0.0%<sup>(j)</sup>** | **WARRANTS - 0.0%<sup>(j)</sup>** |  |  |
| 3500 | Avation PLC, Expires 10/31/2026 at GBP 1.15<sup>(k)</sup> |  |  | 1922 |
|  | **Total Warrants (Cost $–)** |  |  | **1922** |
| **SHORT TERM INVESTMENTS - 14.4%** | **SHORT TERM INVESTMENTS - 14.4%** | **SHORT TERM INVESTMENTS - 14.4%** |  |  |
| 21918001 | First American Government Obligations Fund - U | 4.28 %<sup>(l)</sup> |  | 21918001 |
| 21918000 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(l)</sup> |  | 21918000 |
| 21918000 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(l)</sup> |  | 21918000 |
| 114000000 | United States Treasury Bill | 0.00% | 07/24/2025 | 113697013 |
|  | **Total Short Term Investments (Cost $179,451,605)** |  |  | **179451014** |
|  | **Total Investments - 100.2% (Cost $1,310,218,510)** |  |  | **1252521605** |
|  | **Other Liabilities in Excess of Assets - (0.2)%** |  |  | **(1877396)** |
|  | **NET ASSETS - 100.0%** |  |  | $**1250644209** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| Non-Agency Residential Collateralized Mortgage Obligations | 16.4% |
| Short Term Investments | 14.4% |
| Collateralized Loan Obligations | 14.0% |
| US Government and Agency Mortgage Backed Obligations | 13.1% |
| Bank Loans | 10.8% |
| Non-Agency Commercial Mortgage Backed Obligations | 10.8% |
| Asset Backed Obligations | 6.3% |
| Foreign Corporate Bonds | 4.7% |
| US Government and Agency Obligations | 4.3% |
| US Corporate Bonds | 4.0% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 1.4% |
| Common Stocks | 0.0 %<sup>(j)</sup> |
| Escrow Notes | 0.0 %<sup>(j)</sup> |
| Warrants | 0.0 %<sup>(j)</sup> |
| Other Assets and Liabilities | (0.2)% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN** as a % of Net Assets: | |
| Non-Agency Residential Collateralized Mortgage Obligations | 16.4% |
| Short Term Investments | 14.4% |
| Collateralized Loan Obligations | 14.0% |
| US Government and Agency Mortgage Backed Obligations | 13.1% |
| Non-Agency Commercial Mortgage Backed Obligations | 10.8% |
| Asset Backed Obligations | 6.3% |
| US Government and Agency Obligations | 4.3% |
| Healthcare | 1.6% |
| Electronics/Electric | 1.4% |
| Energy | 1.4% |
| Transportation | 1.3% |
| Banking | 1.2% |
| Utilities | 1.1% |
| Hotels/Motels/Inns and Casinos | 1.0% |
| Insurance | 0.9% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 0.9% |
| Industrial Equipment | 0.9% |
| Finance | 0.8% |
| Retailers (other than Food/Drug) | 0.8% |
| Media | 0.7% |
| Commercial Services | 0.7% |
| Chemicals/Plastics | 0.6% |
| Construction | 0.5% |
| Mining | 0.5% |
| Business Equipment and Services | 0.5% |
| Aerospace & Defense | 0.5% |
| Technology | 0.4% |
| Telecommunications | 0.4% |
| Leisure | 0.4% |
| Consumer Products | 0.4% |
| Building and Development (including Steel/Metals) | 0.4% |
| Containers and Glass Products | 0.3% |
| Food Products | 0.3% |
| Automotive | 0.2% |
| Pharmaceuticals | 0.2% |
| Diversified Manufacturing | 0.2% |
| Real Estate | 0.1% |
| Beverage and Tobacco | 0.1% |
| Chemical Products | 0.1% |
| Conglomerates | 0.1% |
| IT Services | 0.0 %<sup>(j)</sup> |
| Financials | 0.0 %<sup>(j)</sup> |
| Pulp & Paper | 0.0 %<sup>(j)</sup> |
| Food Service | 0.0 %<sup>(j)</sup> |
| Escrow Notes | 0.0 %<sup>(j)</sup> |
| Other Assets and Liabilities | (0.2)% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $594,029,779 or 47.5% of the Fund's net assets.** 

**(b)** **Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.** 

**(c)** **Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.** 

**(d)** **Security is in default or has failed to make a scheduled payment. Income is not being accrued.** 

**(e)** **Value determined using significant unobservable inputs.** 

**(f)** **Perpetual maturity. The date disclosed is the next call date of the security.** 

**(g)** **Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.** 

**(h)** **Interest only security** 

**(i)** **Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.** 

**(j)** **Represents less than 0.05% of net assets.** 

**(k)** **Non-income producing security.** 

**(l)** **Seven-day yield as of period end.** 

---

| | |
|:---|:---|
| **CMT** | **Constant Maturity Treasury Rate** |
| **PIK** | **A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.** |
| **SOFR** | **Secured Overnight Financing Rate** |

---

---

| | |
|:---|:---|
| **GBP** | **British Pound** |

---

---

| | |
|:---|:---|
| **DoubleLine Low Duration Emerging Markets Fixed Income Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **FOREIGN CORPORATE BONDS - 71.6%** | **FOREIGN CORPORATE BONDS - 71.6%** | **FOREIGN CORPORATE BONDS - 71.6%** | **FOREIGN CORPORATE BONDS - 71.6%** | **FOREIGN CORPORATE BONDS - 71.6%** |
| &nbsp;&nbsp;**BRAZIL - 10.8%** | &nbsp;&nbsp;**BRAZIL - 10.8%** | &nbsp;&nbsp;**BRAZIL - 10.8%** | &nbsp;&nbsp;**BRAZIL - 10.8%** | &nbsp;&nbsp;**BRAZIL - 10.8%** |
| 1176000 | BRF GmbH | 4.35% | 09/29/2026 | 1165006 |
| 1600000 | Cosan Luxembourg SA | 5.50% | 09/20/2029 | 1560142 |
| 2189627 | Guara Norte Sarl | 5.20% | 06/15/2034 | 2076737 |
| 105102 | Invepar Holdings | 0.00 %<sup>(a)(b)</sup> | 12/30/2028 |  |
| 500000 | Itau Unibanco Holding SA/Cayman Island | 6.00 %<sup>(c)</sup> | 02/27/2030 | 513200 |
| 1600000 | Minerva Luxembourg SA | 5.88% | 01/19/2028 | 1602386 |
| 2317793 | MV24 Capital BV | 6.75% | 06/01/2034 | 2249974 |
| 800000 | NBM US Holdings, Inc. | 7.00% | 05/14/2026 | 802124 |
| 900000 | NBM US Holdings, Inc. | 6.63% | 08/06/2029 | 906964 |
| 2259197 | Prumo Participacoes e Investimentos S/A | 7.50% | 12/31/2031 | 2290344 |
| 1200000 | Suzano Austria GmbH | 5.00% | 01/15/2030 | 1196575 |
| 200000 | Ultrapar International SA | 5.25% | 10/06/2026 | 199669 |
| 200000 | Ultrapar International SA | 5.25% | 06/06/2029 | 199109 |
|  |  |  |  | 14762230 |
| **CHILE - 8.0%** |  |  |  |  |
| 1000000 | Antofagasta PLC | 2.38% | 10/14/2030 | 885481 |
| 2000000 | Cencosud SA | 4.38% | 07/17/2027 | 1985539 |
| 4724715 | Chile Electricity PEC SpA | 0.00 %<sup>(c)</sup> | 01/25/2028 | 4176885 |
| 278000 | Empresa Electrica Angamos SA | 4.88% | 05/25/2029 | 250910 |
| 899870 | Empresa Electrica Cochrane SpA | 5.50% | 05/14/2027 | 890331 |
| 2806880 | GNL Quintero SA | 4.63% | 07/31/2029 | 2784948 |
|  |  |  |  | 10974094 |
| **COLOMBIA - 4.4%** |  |  |  |  |
| 3019237 | AL Candelaria Spain SA | 7.50% | 12/15/2028 | 3015834 |
| 2700000 | Banco de Bogota SA | 6.25% | 05/12/2026 | 2710206 |
| 280000 | Grupo de Inversiones Suramericana SA | 5.50% | 04/29/2026 | 281092 |
|  |  |  |  | 6007132 |
| **GUATEMALA - 3.8%** |  |  |  |  |
| 2300000 | Banco Industrial SA/Guatemala<br> (5 yr. CMT Rate + 4.44%) | 4.88% | 01/29/2031 | 2290225 |
| 400000 | Energuate Trust | 5.88% | 05/03/2027 | 398144 |
| 1503000 | Millicom International Cellular SA | 5.13% | 01/15/2028 | 1486564 |
| 965700 | Millicom International Cellular SA | 6.25% | 03/25/2029 | 968487 |
|  |  |  |  | 5143420 |
| **INDIA - 7.8%** |  |  |  |  |
| 880000 | Adani International Container Terminal Pvt Ltd. | 3.00% | 02/16/2031 | 775520 |
| 2400000 | Adani Ports & Special Economic Zone Ltd. | 4.00% | 07/30/2027 | 2325088 |
| 2400000 | Adani Transmission Step-One Ltd. | 4.00% | 08/03/2026 | 2375373 |
| 1491000 | JSW Hydro Energy Ltd. | 4.13% | 05/18/2031 | 1373679 |
| 1300000 | JSW Infrastructure Ltd. | 4.95% | 01/21/2029 | 1274778 |
| 750000 | Reliance Industries Ltd. | 3.67% | 11/30/2027 | 736615 |
| 1800000 | Wipro IT Services LLC | 1.50% | 06/23/2026 | 1747284 |
|  |  |  |  | 10608337 |
| **INDONESIA - 2.9%** |  |  |  |  |
| 1100000 | Freeport Indonesia PT | 4.76% | 04/14/2027 | 1102682 |
| 400000 | Freeport Indonesia PT | 4.76 %<sup>(c)</sup> | 04/14/2027 | 400975 |
| 2500000 | Freeport-McMoRan, Inc. | 4.13% | 03/01/2028 | 2471383 |
|  |  |  |  | 3975040 |
| **JAMAICA - 0.0%<sup>(d)</sup>** |  |  |  |  |
| 56293 | Digicel Group Holdings Ltd. | 0.00 %<sup>(b)(c)</sup> | 12/31/2030 | 351 |
| 175590 | Digicel Group Holdings Ltd. | 0.00 %<sup>(b)(c)</sup> | 12/31/2030 | 7677 |
|  |  |  |  | 8028 |
| **MALAYSIA - 0.6%** |  |  |  |  |
| 800000 | Axiata SPV2 Bhd | 4.36% | 03/24/2026 | 802538 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **MEXICO - 11.3%** |  |  |  |  |
| 1200000 | Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand<br> (5 yr. CMT Rate + 3.00%) | 7.53% | 10/01/2028 | 1269856 |
| 3400000 | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX<br> (5 yr. CMT Rate + 4.31%) | 5.88% | 09/13/2034 | 3343425 |
| 1900000 | Cemex SAB de CV<br> (5 yr. CMT Rate + 4.53%) | 5.13 %<sup>(e)</sup> | 06/08/2026 | 1869989 |
| 1000000 | Cemex SAB de CV | 5.45% | 11/19/2029 | 1003373 |
| 817124 | Cometa Energia SAB de CV | 6.38% | 04/24/2035 | 842726 |
| 2500000 | Comision Federal de Electricidad | 4.75% | 02/23/2027 | 2495474 |
| 1700000 | KUO SAB De CV | 5.75% | 07/07/2027 | 1676146 |
| 2923985 | Mexico Generadora de Energia S de RL | 5.50% | 12/06/2032 | 2907900 |
|  |  |  |  | 15408889 |
| **PARAGUAY - 2.0%** |  |  |  |  |
| 1100000 | Banco Continental SAECA | 2.75% | 12/10/2025 | 1090339 |
| 153333 | Rutas 2 & 7 Finance Ltd. | 0.00% | 09/30/2036 | 111270 |
| 1600000 | Telefonica Celular del Paraguay SA | 5.88% | 04/15/2027 | 1594008 |
|  |  |  |  | 2795617 |
| **PERU - 11.9%** |  |  |  |  |
| 2100000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 3.00%) | 3.13% | 07/01/2030 | 2100000 |
| 1800000 | Banco de Credito del Peru SA<br> (5 yr. CMT Rate + 2.45%) | 3.25 %<sup>(c)</sup> | 09/30/2031 | 1746922 |
| 1400000 | Banco Internacional del Peru SAA Interbank<br> (5 yr. CMT Rate + 3.71%) | 4.00% | 07/08/2030 | 1395851 |
| 2425000 | Fenix Power Peru SA | 4.32% | 09/20/2027 | 2374031 |
| 1400000 | InRetail Consumer | 3.25% | 03/22/2028 | 1328952 |
| 2240000 | InRetail Shopping Malls | 5.75% | 04/03/2028 | 2240314 |
| 1200000 | Intercorp Financial Services, Inc. | 4.13% | 10/19/2027 | 1167106 |
| 22827 | Interoceanica IV Finance Ltd.<br> Series 2007 | 0.00 %<sup>(b)</sup> | 11/30/2025 | 22171 |
| 1903655 | Lima Metro Line 2 Finance Ltd. | 4.35% | 04/05/2036 | 1792101 |
| 1885000 | Orazul Energy Peru SA | 5.63% | 04/28/2027 | 1868591 |
| 300000 | Scotiabank Peru SAA<br> (1 yr. CMT Rate + 2.31%) | 6.10 %<sup>(c)</sup> | 10/01/2035 | 305100 |
|  |  |  |  | 16341139 |
| **SINGAPORE - 5.6%** |  |  |  |  |
| 3300000 | DBS Group Holdings Ltd.<br> (5 yr. CMT Rate + 1.10%) | 1.82% | 03/10/2031 | 3238832 |
| 1500000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 1.83% | 09/10/2030 | 1492456 |
| 500000 | Oversea-Chinese Banking Corp. Ltd.<br> (5 yr. CMT Rate + 1.58%) | 4.60% | 06/15/2032 | 501001 |
| 2500000 | United Overseas Bank Ltd.<br> (5 yr. CMT Rate + 1.52%) | 1.75% | 03/16/2031 | 2450572 |
|  |  |  |  | 7682861 |
| **SOUTH AFRICA - 1.4%** | **SOUTH AFRICA - 1.4%** |  |  |  |
| 1100000 | AngloGold Ashanti Holdings PLC | 3.38% | 11/01/2028 | 1050559 |
| 800000 | Gold Fields Orogen Holdings BVI Ltd. | 6.13% | 05/15/2029 | 832488 |
|  |  |  |  | 1883047 |
| **UNITED ARAB EMIRATES - 0.6%** | **UNITED ARAB EMIRATES - 0.6%** | **UNITED ARAB EMIRATES - 0.6%** |  |  |
| 977461 | Galaxy Pipeline Assets Bidco Ltd. | 2.16% | 03/31/2034 | 868113 |
| **VIETNAM - 0.5%** |  |  |  |  |
| 677601 | Mong Duong Finance Holdings BV | 5.13% | 05/07/2029 | 662502 |
|  | **Total Foreign Corporate Bonds (Cost $97,515,025)** |  |  | **97922987** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 26.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 26.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 26.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 26.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 26.4%** |
| **BRAZIL - 3.6%** |  |  |  |  |
| 2000000 | Brazilian Government International Bond | 4.50% | 05/30/2029 | 1960861 |
| 1100000 | Petrobras Global Finance BV | 7.38% | 01/17/2027 | 1141844 |
| 1750000 | Petrobras Global Finance BV | 6.00% | 01/27/2028 | 1786414 |
|  |  |  |  | 4889119 |
| **CHILE - 2.4%** |  |  |  |  |
| 1581000 | Chile Electricity Lux MPC Sarl | 6.01% | 01/20/2033 | 1639908 |
| 300000 | Corp. Nacional del Cobre de Chile | 3.00% | 09/30/2029 | 278897 |
| 400000 | Corp. Nacional del Cobre de Chile | 3.15% | 01/14/2030 | 372209 |
| 1100000 | Corp. Nacional del Cobre de Chile | 3.75% | 01/15/2031 | 1027650 |
|  |  |  |  | 3318664 |
| **COLOMBIA - 1.8%** |  |  |  |  |
| 2500000 | Oleoducto Central SA | 4.00% | 07/14/2027 | 2438357 |
| **DOMINICAN REPUBLIC - 0.7%** | **DOMINICAN REPUBLIC - 0.7%** | **DOMINICAN REPUBLIC - 0.7%** |  |  |
| 1000000 | Dominican Republic International Bond | 5.50% | 02/22/2029 | 998100 |
| **GUATEMALA - 2.5%** | **GUATEMALA - 2.5%** | **GUATEMALA - 2.5%** |  |  |
| 2900000 | Guatemala Government Bond | 4.50% | 05/03/2026 | 2877931 |
| 500000 | Guatemala Government Bond | 5.25% | 08/10/2029 | 497500 |
|  |  |  |  | 3375431 |
| **INDIA - 2.9%** |  |  |  |  |
| 1500000 | BPRL International Singapore Pte Ltd. | 4.38% | 01/18/2027 | 1493968 |
| 2500000 | ONGC Videsh Vankorneft Pte Ltd. | 3.75% | 07/27/2026 | 2478193 |
|  |  |  |  | 3972161 |
| **INDONESIA - 4.1%** |  |  |  |  |
| 1500000 | Bank Negara Indonesia Persero Tbk PT | 3.75% | 03/30/2026 | 1484943 |
| 2200000 | Pertamina Persero PT | 1.40% | 02/09/2026 | 2158216 |
| 2000000 | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 4.13% | 05/15/2027 | 1981497 |
|  |  |  |  | 5624656 |
| **MEXICO - 3.4%** |  |  |  |  |
| 750000 | Banco Nacional de Comercio Exterior SNC/Cayman Islands | 5.88 %<sup>(c)</sup> | 05/07/2030 | 761707 |
| 2700000 | Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%) | 2.72% | 08/11/2031 | 2565120 |
| 500000 | Comision Federal de Electricidad | 4.69% | 05/15/2029 | 488844 |
| 300000 | Comision Federal de Electricidad | 5.70 %<sup>(c)</sup> | 01/24/2030 | 299775 |
| 500000 | Mexico Government International Bond | 5.00% | 05/07/2029 | 503500 |
|  |  |  |  | 4618946 |
| **MOROCCO - 0.4%** |  |  |  |  |
| 600000 | Morocco Government International Bond | 2.38% | 12/15/2027 | 568143 |
| **PARAGUAY - 3.6%** |  |  |  |  |
| 3144705 | Bioceanico Sovereign Certificate Ltd. | 0.00% | 06/05/2034 | 2503185 |
| 297000 | Paraguay Government International Bond | 5.00% | 04/15/2026 | 297000 |
| 143000 | Paraguay Government International Bond | 4.70% | 03/27/2027 | 143079 |
| 2000000 | Paraguay Government International Bond | 4.95% | 04/28/2031 | 1991200 |
|  |  |  |  | 4934464 |
| **PERU - 1.0%** |  |  |  |  |
| 1312276 | Lima Metro Line 2 Finance Ltd. | 5.88% | 07/05/2034 | 1331789 |
| 100000 | Peruvian Government International Bond | 2.84% | 06/20/2030 | 91889 |
|  |  |  |  | 1423678 |
|  | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $35,515,723)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $35,515,723)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $35,515,723)** | **36161719** |
| **SHORT TERM INVESTMENTS - 1.5%** | **SHORT TERM INVESTMENTS - 1.5%** |  |  |  |
| 687318 | First American Government Obligations Fund - U | 4.28 %<sup>(f)</sup> |  | 687318 |
| 687318 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(f)</sup> |  | 687318 |
| 687318 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(f)</sup> |  | 687318 |
|  | **Total Short Term Investments (Cost $2,061,954)** |  |  | **2061954** |
|  | **Total Investments - 99.5% (Cost $135,092,702)** | **Total Investments - 99.5% (Cost $135,092,702)** | **Total Investments - 99.5% (Cost $135,092,702)** | **136146660** |
|  | **Other Assets in Excess of Liabilities - 0.5%** |  |  | **723408** |
|  | **NET ASSETS - 100.0%** |  |  | $**136870068** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| Foreign Corporate Bonds | 71.6% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 26.4% |
| Short Term Investments | 1.5% |
| Other Assets and Liabilities | 0.5% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN** as a % of Net Assets: | |
| Banking | 20.6% |
| Utilities | 16.5% |
| Transportation | 15.7% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 14.3% |
| Energy | 8.2% |
| Mining | 4.9% |
| Retailers (other than Food/Drug) | 4.0% |
| Consumer Products | 3.6% |
| Telecommunications | 3.6% |
| Building and Development (including Steel/Metals) | 2.1% |
| Short Term Investments | 1.5% |
| Technology | 1.3% |
| Conglomerates | 1.2% |
| Pulp & Paper | 0.9% |
| Food Products | 0.9% |
| Finance | 0.2% |
| Other Assets and Liabilities | 0.5% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **COUNTRY BREAKDOWN** as a % of Net Assets: | |
| Mexico | 14.7% |
| Brazil | 14.4% |
| Peru | 12.9% |
| India | 10.7% |
| Chile | 10.4% |
| Indonesia | 7.0% |
| Guatemala | 6.3% |
| Colombia | 6.2% |
| Paraguay | 5.6% |
| Singapore | 5.6% |
| United States | 1.5% |
| South Africa | 1.4% |
| Dominican Republic | 0.7% |
| United Arab Emirates | 0.6% |
| Malaysia | 0.6% |
| Vietnam | 0.5% |
| Morocco | 0.4% |
| Jamaica | 0.0 %<sup>(d)</sup> |
| Other Assets and Liabilities | 0.5% |
| Net Assets | 100.0% |

---

**(a)** **Security is in default or has failed to make a scheduled payment. Income is not being accrued.** 

**(b)** **Value determined using significant unobservable inputs.** 

**(c)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $8,212,592 or 6.0% of the Fund's net assets.** 

**(d)** **Represents less than 0.05% of net assets.** 

**(e)** **Perpetual maturity. The date disclosed is the next call date of the security.** 

**(f)** **Seven-day yield as of period end.** 

---

| | |
|:---|:---|
| **CMT** | **Constant Maturity Treasury Rate** |

---

---

| | |
|:---|:---|
| **DoubleLine Long Duration Total Return Bond Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 97.9%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 97.9%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 97.9%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 97.9%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 97.9%** |
|  | Fannie Mae or Freddie Mac |  |  |  |
| 2180000 | &nbsp;&nbsp;&nbsp;TBA | 3.00 %<sup>(h)</sup> | 07/15/2042 | 1886688 |
| 730000 | &nbsp;&nbsp;&nbsp;TBA | 2.50 %<sup>(h)</sup> | 07/01/2050 | 605377 |
|  | Federal Home Loan Mortgage Corp. |  |  |  |
| 1457209 | &nbsp;&nbsp;&nbsp;Pool SD7512 | 3.00% | 02/01/2050 | 1286269 |
| 1477223 | &nbsp;&nbsp;&nbsp;Pool SD7553 | 3.00% | 03/01/2052 | 1301161 |
| 1061513 | &nbsp;&nbsp;&nbsp;Series 4460-KB | 3.50% | 03/15/2045 | 973602 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 4994-AV | 2.00% | 12/25/2045 | 1611347 |
| 1332311 | &nbsp;&nbsp;&nbsp;Series 5145-HZ | 3.00 %<sup>(a)</sup> | 09/25/2051 | 788387 |
| 1956423 | &nbsp;&nbsp;&nbsp;Series 5155-JZ | 3.00 %<sup>(a)</sup> | 10/25/2051 | 1145001 |
| 1781945 | &nbsp;&nbsp;&nbsp;Series 5155-KZ | 3.00 %<sup>(a)</sup> | 10/25/2051 | 1095486 |
| 1589941 | &nbsp;&nbsp;&nbsp;Series 5160-ZY | 3.00 %<sup>(a)</sup> | 10/25/2050 | 1126890 |
| 1891212 | &nbsp;&nbsp;&nbsp;Series 5171-Z | 2.00 %<sup>(a)</sup> | 12/25/2051 | 1026792 |
| 1248702 | &nbsp;&nbsp;&nbsp;Series 5319-PO | 0.00 %<sup>(b)</sup> | 08/25/2050 | 863752 |
| 329389 | &nbsp;&nbsp;&nbsp;Series 5326-UO | 0.00 %<sup>(b)</sup> | 10/25/2050 | 218946 |
|  | Federal National Mortgage Association |  |  |  |
| 1456254 | &nbsp;&nbsp;&nbsp;Pool 310233 | 3.50% | 03/01/2044 | 1353379 |
| 967000 | &nbsp;&nbsp;&nbsp;Pool BS7220 | 5.23% | 11/01/2032 | 1015691 |
| 1543496 | &nbsp;&nbsp;&nbsp;Pool BU5836 | 2.00% | 11/01/2051 | 1241877 |
| 1452369 | &nbsp;&nbsp;&nbsp;Pool BV9867 | 3.00% | 05/01/2052 | 1258807 |
| 1030604 | &nbsp;&nbsp;&nbsp;Pool BZ0782 | 5.76% | 04/01/2054 | 1073723 |
| 1030604 | &nbsp;&nbsp;&nbsp;Pool BZ0785 | 5.76% | 04/01/2054 | 1065757 |
| 287000 | &nbsp;&nbsp;&nbsp;Pool BZ1178 | 5.81% | 06/01/2031 | 297838 |
| 1262985 | &nbsp;&nbsp;&nbsp;Pool FM8691 | 2.50% | 09/01/2051 | 1062488 |
| 1942036 | &nbsp;&nbsp;&nbsp;Pool FS0176 | 2.50% | 01/01/2052 | 1619703 |
| 1409381 | &nbsp;&nbsp;&nbsp;Pool FS3826 | 3.00% | 01/01/2052 | 1221078 |
| 1381552 | &nbsp;&nbsp;&nbsp;Pool FS5984 | 3.00% | 12/01/2050 | 1225920 |
| 1239410 | &nbsp;&nbsp;&nbsp;Pool FS7149 | 2.50% | 03/01/2052 | 1040235 |
| 1426559 | &nbsp;&nbsp;&nbsp;Pool FS8304 | 3.00% | 05/01/2052 | 1254004 |
| 1260000 | &nbsp;&nbsp;&nbsp;Series 2012-128-UC | 2.50% | 11/25/2042 | 951772 |
| 665656 | &nbsp;&nbsp;&nbsp;Series 2013-66-ZK | 3.00 %<sup>(a)</sup> | 07/25/2043 | 495437 |
| 1607111 | &nbsp;&nbsp;&nbsp;Series 2014-42-BZ | 3.00 %<sup>(a)</sup> | 07/25/2044 | 1435702 |
| 363922 | &nbsp;&nbsp;&nbsp;Series 2014-68-TD | 3.00% | 11/25/2044 | 333015 |
| 487712 | &nbsp;&nbsp;&nbsp;Series 2014-80-KL | 2.00% | 05/25/2043 | 327735 |
| 655512 | &nbsp;&nbsp;&nbsp;Series 2016-64-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap) | 1.58 %<sup>(c)(d)</sup> | 09/25/2046 | 73484 |
| 197541 | &nbsp;&nbsp;&nbsp;Series 2018-21-PO | 0.00 %<sup>(b)</sup> | 04/25/2048 | 142549 |
| 2880057 | &nbsp;&nbsp;&nbsp;Series 2019-68-ZL | 2.50 %<sup>(a)</sup> | 11/25/2049 | 2227439 |
| 1584570 | &nbsp;&nbsp;&nbsp;Series 2021-17-SB (-1 x 30 day avg SOFR US + 3.30%, 0.00% Floor, 3.30% Cap) | 0.00 %<sup>(c)(d)</sup> | 04/25/2051 | 30177 |
| 1849808 | &nbsp;&nbsp;&nbsp;Series 2021-93-Z | 3.00 %<sup>(a)</sup> | 08/25/2051 | 1230912 |
| 3178000 | &nbsp;&nbsp;&nbsp;Series 2023-M1-2A2 | 4.05 %<sup>(e)</sup> | 07/25/2040 | 2901014 |
|  | Freddie Mac Seasoned Credit Risk Transfer Trust |  |  |  |
| 1005000 | &nbsp;&nbsp;&nbsp;Series 2021-2-MBU | 2.50% | 11/25/2060 | 693298 |
|  | Government National Mortgage Association |  |  |  |
| 206417 | &nbsp;&nbsp;&nbsp;Series 2013-180-LO | 0.00 %<sup>(b)</sup> | 11/16/2043 | 161099 |
| 3594488 | &nbsp;&nbsp;&nbsp;Series 2015-79-VZ | 2.50 %<sup>(a)</sup> | 05/20/2045 | 3198592 |
| 358319 | &nbsp;&nbsp;&nbsp;Series 2016-12-MZ | 3.00 %<sup>(a)</sup> | 01/20/2046 | 286545 |
| 1222808 | &nbsp;&nbsp;&nbsp;Series 2017-122-CZ | 3.00 %<sup>(a)</sup> | 08/20/2047 | 953361 |
| 1436401 | &nbsp;&nbsp;&nbsp;Series 2021-105-JS (-1 x 30 day avg SOFR US + 3.65%, 0.00% Floor, 3.65% Cap) | 0.00 %<sup>(c)(d)</sup> | 06/20/2051 | 41182 |
| 1408909 | &nbsp;&nbsp;&nbsp;Series 2021-223-EZ | 3.00 %<sup>(a)</sup> | 12/20/2051 | 1033361 |
| 677967 | &nbsp;&nbsp;&nbsp;Series 2021-42-SB (-1 x 1 mo. Term SOFR + 6.24%, 0.00% Floor, 6.35% Cap) | 1.92 %<sup>(c)(d)</sup> | 03/20/2051 | 97599 |
| 1533130 | &nbsp;&nbsp;&nbsp;Series 2021-89-SA (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap) | 0.00 %<sup>(c)(d)</sup> | 05/20/2051 | 44285 |
| 385318 | &nbsp;&nbsp;&nbsp;Series 2022-160-DZ | 4.50 %<sup>(a)</sup> | 09/20/2052 | 295882 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 8119974 | &nbsp;&nbsp;&nbsp;Series 2022-85-SA (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap) | 0.00 %<sup>(c)(d)</sup> | 05/20/2052 | 34293 |
| 1843307 | &nbsp;&nbsp;&nbsp;Series 2022-9-MZ | 3.50 %<sup>(a)</sup> | 01/20/2052 | 1392066 |
| 1052000 | &nbsp;&nbsp;&nbsp;Series 2022-99-QG | 3.50% | 01/20/2052 | 899765 |
| 840609 | &nbsp;&nbsp;&nbsp;Series 2023-140-PO | 0.00 %<sup>(b)</sup> | 06/20/2048 | 565704 |
| 1391111 | &nbsp;&nbsp;&nbsp;Series 2025-1-GZ | 3.50 %<sup>(a)</sup> | 01/20/2055 | 1048999 |
| 1777000 | &nbsp;&nbsp;&nbsp;Series 2025-110-KZ | 1.25% | 06/20/2051 | 1055437 |
|  | STRU |  |  |  |
| 1614000 | &nbsp;&nbsp;&nbsp;Series NSI-9374-ZB | 2.50 %<sup>(f)</sup> | 06/24/2055 | 1052167 |
|  | **Total US Government and Agency Mortgage Backed Obligations (Cost $54,549,653)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $54,549,653)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $54,549,653)** | **51663069** |
| **SHORT TERM INVESTMENTS - 7.1%** | **SHORT TERM INVESTMENTS - 7.1%** |  |  |  |
| 594273 | First American Government Obligations Fund - U | 4.28 %<sup>(g)</sup> |  | 594273 |
| 594274 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(g)</sup> |  | 594274 |
| 594274 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(g)</sup> |  | 594274 |
| 2000000 | United States Treasury Bill | 0.00% | 09/18/2025 | 1981509 |
|  | **Total Short Term Investments (Cost $3,764,798)** | **Total Short Term Investments (Cost $3,764,798)** | **Total Short Term Investments (Cost $3,764,798)** | **3764330** |
|  | **Total Investments - 105.0% (Cost $58,314,451)** | **Total Investments - 105.0% (Cost $58,314,451)** | **Total Investments - 105.0% (Cost $58,314,451)** | **55427399** |
|  | **Other Liabilities in Excess of Assets - (5.0)%** | **Other Liabilities in Excess of Assets - (5.0)%** |  | **(2633993)** |
|  | **NET ASSETS - 100.0%** |  |  | $**52793406** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Mortgage Backed Obligations | 97.9% |
| Short Term Investments | 7.1% |
| Other Assets and Liabilities | (5.0)% |
| Net Assets | 100.0% |

---

**(a)** **This security accrues interest which is added to the outstanding principal balance. The interest payment will be deferred until all other tranches in the structure are paid off. The rate disclosed is as of period end.** 

**(b)** **Principal only security** 

**(c)** **Interest only security** 

**(d)** **Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.** 

**(e)** **Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.** 

**(f)** **Value determined using significant unobservable inputs.** 

---

| | |
|:---|:---|
| **(g)**<br> **(h)** | **Seven-day yield as of period end.**<br> **Represents or includes a TBA transaction.** |

---

---

| | |
|:---|:---|
| **SOFR**<br> **TBA**  | **Secured Overnight Financing Rate** <br> **To Be Announced** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** |  |  |  |  |  |
| **Description** | **Long/ Short** | **Contract Quantity** | **Expiration<br> Date** | **Notional <br> Amount<sup>(1)</sup>** | **Unrealized Appreciation (Depreciation)/ Value** |
| U.S. Treasury Ultra Bonds | Long | 179 | 9/19/2025 | $20397638 | $925737 |
| U.S. Treasury Long Bonds | Long | 35 | 9/19/2025 | 3899808 | 141598 |
| U.S. Treasury 2 Year Notes | Long | 76 | 9/30/2025 | 15736830 | 72951 |
| U.S. Treasury 5 Year Note | Short | (101) | 9/30/2025 | (10872006) | (136994) |
| 10 Year U.S. Ultra Treasury Notes | Short | (179) | 9/19/2025 | (19903874) | (549673) |
|  |  |  |  |  | $453619 |

---

**(1)** **Notional Amount is determined based on the number of contracts multiplied by the contract size and the quoted daily settlement price in US dollars.** 

---

| | |
|:---|:---|
| **DoubleLine Strategic Commodity Fund** | (Unaudited) |
| **Schedule of Investments (Consolidated)** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **SHORT TERM INVESTMENTS - 97.9%** | **SHORT TERM INVESTMENTS - 97.9%** | **SHORT TERM INVESTMENTS - 97.9%** |  |  |
| 1295108 | First American Government Obligations Fund - U | 4.28 %<sup>(a)(b)</sup> |  | 1295108 |
| 1295109 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(a)(b)</sup> |  | 1295109 |
| 1295109 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(a)(b)</sup> |  | 1295109 |
| 4000000 | United States Treasury Bill | 0.00 %<sup>(a)(c)</sup> | 07/31/2025 | 3986177 |
| 15000000 | United States Treasury Bill | 0.00 %<sup>(a)(c)</sup> | 11/06/2025 | 14779546 |
| 60000000 | United States Treasury Bill | 0.00 %<sup>(a)(c)</sup> | 11/13/2025 | 59071172 |
|  | **Total Short Term Investments (Cost $81,727,666)** |  |  | **81722221** |
|  | **Total Investments - 97.9% (Cost $81,727,666)** |  |  | **81722221** |
|  | **Other Assets in Excess of Liabilities - 2.1%** |  |  | **1767708** |
|  | **NET ASSETS - 100.0%** |  |  | $**83489929** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| Short Term Investments | 97.9% |
| Other Assets and Liabilities | 2.1% |
| Net Assets | 100.0% |

---

**(a)** **All or a portion of this security is owned by DoubleLine Strategic Commodity Ltd., which is a wholly owned subsidiary of the DoubleLine Strategic Commodity Fund.** 

**(b)** **Seven-day yield as of period end.** 

**(c)** **All or a portion of security has been pledged as collateral.** 

---

| |
|:---|
| **Swap Agreements** |
| **Excess Return Swaps** |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Entity** | **Counterparty** | **Long/Short** | **Financing Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount** | **Value** | **Upfront Premiums Paid/<br> (Received)** | **Unrealized Appreciation (Depreciation)** |
| &nbsp;&nbsp;Commodity Beta Basket Swap (1)(2) | &nbsp;&nbsp;Barclays Capital, Inc. | Long | 0.20% | &nbsp;&nbsp;Termination | &nbsp;&nbsp;07/01/2025 | $28600000 | $484551 | $— | $484551 |
| &nbsp;&nbsp;Commodity Beta Basket Swap (1)(2) | &nbsp;&nbsp;Canadian Imperial Bank of Commerce | Long | 0.21% | &nbsp;&nbsp;Termination | &nbsp;&nbsp;07/01/2025 | 15100000 | 255714 |  | 255714 |
| &nbsp;&nbsp;Commodity Beta Basket Swap (1)(2) | &nbsp;&nbsp;Bank of America Merrill Lynch | Long | 0.23% | &nbsp;&nbsp;Termination | &nbsp;&nbsp;07/01/2025 | 15100000 | 255482 |  | 255482 |
| &nbsp;&nbsp;Short Commodity Basket Swap (1)(3) | &nbsp;&nbsp;Bank of America Merrill Lynch | Short | 0.00% | &nbsp;&nbsp;Termination | &nbsp;&nbsp;07/01/2025 | (6300000) | 192617 |  | 192617 |
| &nbsp;&nbsp;Short Commodity Basket Swap (1)(4) | &nbsp;&nbsp;Canadian Imperial Bank of Commerce | Short | 0.00% | &nbsp;&nbsp;Termination | &nbsp;&nbsp;07/01/2025 | (6300000) | 192617 |  | 192617 |
| &nbsp;&nbsp;Long Commodity Basket Swap (1)(5) | &nbsp;&nbsp;Canadian Imperial Bank of Commerce | Long | 0.20% | &nbsp;&nbsp;Termination | &nbsp;&nbsp;07/01/2025 | 6300000 | 153985 |  | 153985 |
| &nbsp;&nbsp;Long Commodity Basket Swap (1)(6) | &nbsp;&nbsp;Bank of America Merrill Lynch | Long | 0.20% | &nbsp;&nbsp;Termination | &nbsp;&nbsp;07/01/2025 | 6300000 | 153982 |  | 153982 |
|  |  |  |  |  |  |  | $1688948 | $— | $1688948 |

---

**(1)** **All or a portion of this security is owned by DoubleLine Strategic Commodity Ltd., which is a wholly-owned subsidiary of the DoubleLine Strategic Commodity Fund.** 

**(2)** **Commodity Beta Basket Swap represents a swap on a basket of commodity indices designed to approximate the broad commodity market. At June 30, 2025, all constituents and their weightings were as follows:** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Index** | **Ticker** | **Contract Value <sup>(7)</sup>** | **Value of Index** | **Weightings** |
| &nbsp;&nbsp;Electrolytic Copper Future | LP1 | 0.20 | $138 | 22.1% |
| &nbsp;&nbsp;Soybean Future | S 1 | 0.38 | 123 | 19.7% |
| &nbsp;&nbsp;Nickel Future | LN1 | 0.30 | 80 | 12.7% |
| &nbsp;&nbsp;Brent Crude Future | CO1 | 0.09 | 57 | 9.2% |
| &nbsp;&nbsp;Crude Oil Future | CL1 | 0.09 | 57 | 9.1% |
| &nbsp;&nbsp;Live Cattle Future | LC1 | 0.15 | 35 | 5.5% |
| &nbsp;&nbsp;Low Sulphur Gas Oil Future | QS1 | 0.08 | 31 | 5.0% |
| &nbsp;&nbsp;Gasoline RBOB Future | XB1 | 0.05 | 30 | 4.8% |
| &nbsp;&nbsp;Sugar No. 11 Future | SB1 | 0.18 | 30 | 4.7% |
| &nbsp;&nbsp;Cotton No. 2 Future | CT1 | 0.46 | 25 | 4.0% |
| &nbsp;&nbsp;NY Harbor ULSD Heating Oil Future | HO1 | 0.07 | 20 | 3.2% |
|  |  |  | $626 | 100.0% |

---

**(3)** **Short Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At June 30, 2025, all constituents and their weightings were as follows:** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Sub-Index** | **Ticker** | **Contract Value <sup>(7)</sup>** | **Value of Index** | **Weightings** |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Cotton Index ER | SG2MCTP | 0.93 | $35 | 20.5% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Corn Index ER | SG2MCNP | 1.39 | 35 | 20.2% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Wheat Index ER | SG2MWHP | 4.51 | 35 | 20.1% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Kansas Wheat Index ER | SG2MKWP | 1.59 | 34 | 19.7% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Sugar Index ER | SG2MSBP | 0.37 | 34 | 19.5% |
|  |  |  | $173 | 100.0% |

---

**(4)** **Short Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At June 30, 2025, all constituents and their weightings were as follows:** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Sub-Index** | **Ticker** | **Contract Value <sup>(7)</sup>** | **Value of Index** | **Weightings** |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Cotton Index ER | SG2MCTP | 1.01 | $39 | 20.5% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Corn Index ER | SG2MCNP | 1.52 | 38 | 20.2% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Wheat Index ER | SG2MWHP | 4.93 | 38 | 20.1% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Kansas Wheat Index ER | SG2MKWP | 1.74 | 37 | 19.7% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Sugar Index ER | SG2MSBP | 0.41 | 37 | 19.5% |
|  |  |  | $189 | 100.0% |

---

**(5)** **Long Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At June 30, 2025, all constituents and their weightings were as follows:** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Sub-Index** | **Ticker** | **Contract Value <sup>(7)</sup>** | **Value of Index** | **Weightings** |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Crude Oil Index ER | SG2MCLP | 0.06 | $28 | 20.4% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Copper Index ER | SG2MICP | 0.05 | 28 | 20.1% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Unleaded Gas Index ER | SG2MHUP | 0.02 | 28 | 20.0% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Zinc Index ER | SG2MIZP | 0.19 | 28 | 19.9% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Cocoa Index ER | SG2MCCP | 0.07 | 27 | 19.6% |
|  |  |  | $139 | 100.0% |

---

**(6)** **Long Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At June 30, 2025, all constituents and their weightings were as follows:** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Sub-Index** | **Ticker** | **Contract Value <sup>(7)</sup>** | **Value of Index** | **Weightings** |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Crude Oil Index ER | SG2MCLP | 0.07 | $37 | 20.4% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Copper Index ER | SG2MICP | 0.06 | 36 | 20.1% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Unleaded Gas Index ER | SG2MHUP | 0.03 | 36 | 20.0% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Zinc Index ER | SG2MIZP | 0.25 | 36 | 19.9% |
| &nbsp;&nbsp;S&P GSCI 2 Month Forward Cocoa Index ER | SG2MCCP | 0.09 | 36 | 19.6% |
|  |  |  | $181 | 100.0% |

---

**(7)** **Contract value represents the number of units of the underlying constituent's index in one unit of the custom basket index at creation. The contract value is calculated by multiplying each constituent's weight by the starting price of the custom basket index and dividing by the starting price of the constituent's index. The contract value will differ depending on the date the swap is initiated.** 

---

| | |
|:---|:---|
| **DoubleLine Global Bond Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 61.2%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 61.2%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 61.2%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 61.2%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 61.2%** |
| **AUSTRALIA - 3.0%** | **AUSTRALIA - 3.0%** | **AUSTRALIA - 3.0%** | **AUSTRALIA - 3.0%** | **AUSTRALIA - 3.0%** |
| 2,617,000 AUD | Australia Government Bond | 1.50% | 06/21/2031 | 1526235 |
| 5,500,000 AUD | Australia Government Bond | 2.75% | 06/21/2035 | 3206695 |
|  |  |  |  | 4732930 |
| **BELGIUM - 2.6%** |  |  |  |  |
| 1,326,000 EUR | Kingdom of Belgium Government Bond | 0.90 %<sup>(a)</sup> | 06/22/2029 | 1480448 |
| 2,200,000 EUR | Kingdom of Belgium Government Bond | 2.85 %<sup>(a)</sup> | 10/22/2034 | 2547062 |
|  |  |  |  | 4027510 |
| **CANADA - 1.6%** |  |  |  |  |
| 1,700,000 CAD | Canadian Government Bond | 1.50% | 06/01/2031 | 1149818 |
| 1,970,000 CAD | Canadian Government Bond | 3.25% | 12/01/2034 | 1446519 |
|  |  |  |  | 2596337 |
| **CZECH REPUBLIC - 1.8%** | **CZECH REPUBLIC - 1.8%** |  |  |  |
| 29,600,000 CZK | Czech Republic Government Bond | 2.75% | 07/23/2029 | 1362403 |
| 26,800,000 CZK | Czech Republic Government Bond | 6.20% | 06/16/2031 | 1436219 |
|  |  |  |  | 2798622 |
| **FRANCE - 7.9%** |  |  |  |  |
| 1,800,000 EUR | French Republic Government Bond OAT | 0.50 %<sup>(a)</sup> | 05/25/2029 | 1973298 |
| 660,000 EUR | French Republic Government Bond OAT | 0.00 %<sup>(a)</sup> | 11/25/2029 | 698897 |
| 5,823,413 EUR | French Republic Government Bond OAT | 0.70 %<sup>(a)</sup> | 07/25/2030 | 6851923 |
| 2,460,000 EUR | French Republic Government Bond OAT | 3.00 %<sup>(a)</sup> | 05/25/2033 | 2895465 |
|  |  |  |  | 12419583 |
| **GERMANY - 7.7%** |  |  |  |  |
| 7,190,000 EUR | Bundesrepublik Deutschland Bundesanleihe | 0.00% | 08/15/2030 | 7596014 |
| 2,500,000 EUR | Bundesrepublik Deutschland Bundesanleihe | 0.00% | 02/15/2031 | 2605280 |
| 1,630,000 EUR | Bundesrepublik Deutschland Bundesanleihe | 1.70% | 08/15/2032 | 1838590 |
|  |  |  |  | 12039884 |
| **HUNGARY - 0.9%** |  |  |  |  |
| 510,000,000 HUF | Hungary Government Bond | 7.00% | 10/24/2035 | 1500274 |
| **IRELAND - 1.9%** |  |  |  |  |
| 680,000 EUR | Ireland Government Bond | 0.90% | 05/15/2028 | 776830 |
| 1,910,000 EUR | Ireland Government Bond | 1.10% | 05/15/2029 | 2160206 |
|  |  |  |  | 2937036 |
| **ISRAEL - 1.5%** |  |  |  |  |
| 6,400,000 ILS | Israel Government Bond | 0.50% | 02/27/2026 | 1856723 |
| 1,900,000 ILS | Israel Government Bond | 3.75% | 09/30/2027 | 561262 |
|  |  |  |  | 2417985 |
| **JAPAN - 7.9%** |  |  |  |  |
| 361,000,000 JPY | Japan Government Ten Year Bond | 0.10% | 12/20/2026 | 2487285 |
| 115,500,000 JPY | Japan Government Ten Year Bond | 0.10% | 12/20/2027 | 789352 |
| 500,000,000 JPY | Japan Government Twenty Year Bond | 1.90% | 03/20/2031 | 3639501 |
| 418,000,000 JPY | Japan Government Twenty Year Bond | 0.50% | 03/20/2038 | 2481039 |
| 560,000,000 JPY | Japan Government Twenty Year Bond | 0.30% | 09/20/2039 | 3099070 |
|  |  |  |  | 12496247 |
| **MEXICO - 3.8%** |  |  |  |  |
| 20,300,000 MXN | Mexican Bonos | 5.75% | 03/05/2026 | 1064024 |
| 28,000,000 MXN | Mexican Bonos | 8.50% | 02/28/2030 | 1483167 |
| 67,000,000 MXN | Mexican Bonos | 7.75% | 05/29/2031 | 3404577 |
|  |  |  |  | 5951768 |
| **NEW ZEALAND - 3.8%** | **NEW ZEALAND - 3.8%** |  |  |  |
| 3,600,000 NZD | New Zealand Government Bond | 1.50% | 05/15/2031 | 1903778 |
| 6,600,000 NZD | New Zealand Government Bond | 4.50% | 05/15/2035 | 4008906 |
|  |  |  |  | 5912684 |
| **PERU - 2.6%** |  |  |  |  |
| 13,900,000 PEN | Peru Government Bond | 6.15% | 08/12/2032 | 4053306 |
| **POLAND - 0.5%** |  |  |  |  |
| 3,500,000 PLN | Republic of Poland Government Bond | 1.75% | 04/25/2032 | 783751 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **PORTUGAL - 1.0%** |  |  |  |  |
| 1,420,000 EUR | Portugal Obrigacoes do Tesouro OT | 0.48 %<sup>(a)</sup> | 10/18/2030 | 1517175 |
| **SOUTH AFRICA - 3.6%** | **SOUTH AFRICA - 3.6%** |  |  |  |
| 106,570,000 ZAR | Republic of South Africa Government Bond | 8.88% | 02/28/2035 | 5635683 |
| **SPAIN - 4.8%** |  |  |  |  |
| 1,470,000 EUR | Spain Government Bond | 1.30 %<sup>(a)</sup> | 10/31/2026 | 1718191 |
| 4,440,000 EUR | Spain Government Bond | 0.60 %<sup>(a)</sup> | 10/31/2029 | 4848964 |
| 970,000 EUR | Spain Government Bond | 0.50 %<sup>(a)</sup> | 04/30/2030 | 1041436 |
|  |  |  |  | 7608591 |
| **UNITED KINGDOM - 4.3%** | **UNITED KINGDOM - 4.3%** |  |  |  |
| 2,400,000 GBP | United Kingdom Gilt | 4.38% | 03/07/2030 | 3353974 |
| 2,500,000 GBP | United Kingdom Gilt | 4.25% | 03/07/2036 | 3339604 |
|  |  |  |  | 6693578 |
|  | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $96,722,016)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $96,722,016)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $96,722,016)** | **96122944** |
| **US GOVERNMENT AND AGENCY OBLIGATIONS - 35.4%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 35.4%** |  |  |  |
| **UNITED STATES - 35.4%** | **UNITED STATES - 35.4%** |  |  |  |
| 1,730,000 USD | United States Treasury Note/Bond | 0.25% | 07/31/2025 | 1724180 |
| 3,450,000 USD | United States Treasury Note/Bond | 0.38% | 11/30/2025 | 3394924 |
| 4,760,000 USD | United States Treasury Note/Bond | 0.75% | 05/31/2026 | 4620217 |
| 3,660,000 USD | United States Treasury Note/Bond | 0.63% | 03/31/2027 | 3467564 |
| 3,150,000 USD | United States Treasury Note/Bond | 0.50% | 10/31/2027 | 2926055 |
| 3,150,000 USD | United States Treasury Note/Bond | 0.63% | 11/30/2027 | 2928639 |
| 3,450,000 USD | United States Treasury Note/Bond | 0.63% | 12/31/2027 | 3199066 |
| 5,700,000 USD | United States Treasury Note/Bond | 0.75% | 01/31/2028 | 5289199 |
| 5,790,000 USD | United States Treasury Note/Bond | 0.63% | 05/15/2030 | 4982793 |
| 6,170,000 USD | United States Treasury Note/Bond | 0.63% | 08/15/2030 | 5263420 |
| 6,470,000 USD | United States Treasury Note/Bond | 0.88% | 11/15/2030 | 5551311 |
| 2,220,000 USD | United States Treasury Note/Bond | 1.13% | 05/15/2040 | 1380909 |
| 3,070,000 USD | United States Treasury Note/Bond | 1.38% | 11/15/2040 | 1956765 |
| 2,560,000 USD | United States Treasury Note/Bond | 1.75% | 08/15/2041 | 1700400 |
| 6,990,000 USD | United States Treasury Note/Bond | 1.25% | 05/15/2050 | 3360661 |
| 6,550,000 USD | United States Treasury Note/Bond | 1.38% | 08/15/2050 | 3231504 |
| 1,020,000 USD | United States Treasury Note/Bond | 1.88% | 02/15/2051 | 573272 |
|  | **Total US Government and Agency Obligations (Cost $55,519,024)** | **Total US Government and Agency Obligations (Cost $55,519,024)** | **Total US Government and Agency Obligations (Cost $55,519,024)** | **55550879** |
| **SHORT TERM INVESTMENTS - 2.4%** | **SHORT TERM INVESTMENTS - 2.4%** |  |  |  |
| 1236433 | First American Government Obligations Fund - U | 4.28 %<sup>(b)</sup> |  | 1236433 |
| 1236434 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(b)</sup> |  | 1236434 |
| 1236433 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(b)</sup> |  | 1236433 |
|  | **Total Short Term Investments (Cost $3,709,300)** | **Total Short Term Investments (Cost $3,709,300)** | **Total Short Term Investments (Cost $3,709,300)** | **3709300** |
|  | **Total Investments - 99.0% (Cost $155,950,340)** | **Total Investments - 99.0% (Cost $155,950,340)** | **Total Investments - 99.0% (Cost $155,950,340)** | **155383123** |
|  | **Other Assets in Excess of Liabilities - 1.0%** | **Other Assets in Excess of Liabilities - 1.0%** |  | **1524119** |
|  | **NET ASSETS - 100.0%** |  |  | $**156907242** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 61.2% |
| US Government and Agency Obligations | 35.4% |
| Short Term Investments | 2.4% |
| Other Assets and Liabilities | 1.0% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **COUNTRY BREAKDOWN** as a % of Net Assets: | |
| United States | 37.8% |
| Japan | 7.9% |
| France | 7.9% |
| Germany | 7.7% |
| Spain | 4.8% |
| United Kingdom | 4.3% |
| Mexico | 3.8% |
| New Zealand | 3.8% |
| South Africa | 3.6% |
| Australia | 3.0% |
| Peru | 2.6% |
| Belgium | 2.6% |
| Ireland | 1.9% |
| Czech Republic | 1.8% |
| Canada | 1.6% |
| Israel | 1.5% |
| Portugal | 1.0% |
| Hungary | 0.9% |
| Poland | 0.5% |
| Other Assets and Liabilities | 1.0% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $25,572,859 or 16.3% of the Fund's net assets.** 

**(b)** **Seven-day yield as of period end.** 

---

| | |
|:---|:---|
| **AUD** | **Australian Dollar** |
| **CAD** | **Canadian Dollar** |
| **CZK** | **Czech Republic Koruna** |
| **EUR** | **Euro** |
| **GBP** | **British Pound** |
| **HUF** | **Hungarian Forint** |
| **ILS** | **Israeli Shekel** |
| **JPY** | **Japanese Yen** |
| **MXN** | **Mexican Peso** |
| **NZD** | **New Zealand Dollar** |
| **PEN** | **Peruvian Sol** |
| **PLN** | **Polish Zloty** |
| **USD** | **United States Dollar** |
| **ZAR** | **South African Rand** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Currency Exchange Contracts** | **Forward Currency Exchange Contracts** | **Forward Currency Exchange Contracts** | **Forward Currency Exchange Contracts** | **Forward Currency Exchange Contracts** | | | | |
| **Settlement Date** | **Counterparty** | **Currency to be Delivered** | **Currency to be Delivered** | **Value** | **Currency to be Received** | **Currency to be Received** | **Value** | **Unrealized Appreciation (Depreciation)** |
| 08/01/2025 | &nbsp;&nbsp;Goldman Sachs | 2256702 | USD | $2256702 | 12600000 | BRL | $2300067 | $43365 |

---

---

| | |
|:---|:---|
| **BRL** | **Brazilian Real** |
| **USD** | **United States Dollar** |

---

---

| | |
|:---|:---|
| **DoubleLine Infrastructure Income Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **ASSET BACKED OBLIGATIONS - 47.6%** | **ASSET BACKED OBLIGATIONS - 47.6%** | **ASSET BACKED OBLIGATIONS - 47.6%** |  |  |
|  | ALTDE Trust |  |  |  |
| 3672644 | &nbsp;&nbsp;&nbsp;Series 2025-1A-B | 6.53 %<sup>(a)</sup> | 08/15/2050 | 3675986 |
|  | Apollo Aviation Securitization Equity Trust |  |  |  |
| 8135879 | &nbsp;&nbsp;&nbsp;Series 2024-1A-B | 6.90 %<sup>(a)</sup> | 05/16/2049 | 8252141 |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2025-2A-B | 6.01 %<sup>(a)</sup> | 02/16/2050 | 5036795 |
|  | Blackbird Capital Aircraft |  |  |  |
| 2074214 | &nbsp;&nbsp;&nbsp;Series 2016-1A-B | 5.68 %<sup>(a)(b)</sup> | 12/16/2041 | 2028880 |
|  | Blue Stream Communications LLC |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2023-1A-C | 8.90 %<sup>(a)</sup> | 05/20/2053 | 2065880 |
|  | Cloud Capital Holdco LP |  |  |  |
| 3500000 | &nbsp;&nbsp;&nbsp;Series 2024-2A-A2 | 5.92 %<sup>(a)</sup> | 11/22/2049 | 3521691 |
|  | Cologix Data Centers US Issuer LLC |  |  |  |
| 2250000 | &nbsp;&nbsp;&nbsp;Series 2021-1A-B | 3.79 %<sup>(a)</sup> | 12/26/2051 | 2162520 |
|  | Compass Datacenters LLC |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2025-1A-B1 | 5.76 %<sup>(a)</sup> | 05/25/2050 | 2052850 |
|  | Cyrusone Holdco LLC |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2023-1A-A2 | 4.30 %<sup>(a)</sup> | 04/20/2048 | 1953449 |
| 1308331 | &nbsp;&nbsp;&nbsp;Series 2023-1A-B | 5.45 %<sup>(a)</sup> | 04/20/2048 | 1278493 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2024-3A-A2 | 4.65 %<sup>(a)</sup> | 05/20/2049 | 1431021 |
|  | DataBank Issuer |  |  |  |
| 2100000 | &nbsp;&nbsp;&nbsp;Series 2021-1A-C | 4.43 %<sup>(a)</sup> | 02/27/2051 | 2034466 |
| 6500000 | &nbsp;&nbsp;&nbsp;Series 2023-1A-A2 | 5.12 %<sup>(a)</sup> | 02/25/2053 | 6492837 |
|  | Diamond Infrastructure Funding LLC |  |  |  |
| 2250000 | &nbsp;&nbsp;&nbsp;Series 2021-1A-B | 2.36 %<sup>(a)</sup> | 04/15/2049 | 2128188 |
|  | DigitalBridge Group, Inc. |  |  |  |
| 6250000 | &nbsp;&nbsp;&nbsp;Series 2023-1A-B | 5.75 %<sup>(a)</sup> | 09/15/2048 | 6249212 |
|  | Diversified Energy Co. PLC |  |  |  |
| 5194914 | &nbsp;&nbsp;&nbsp;Series 2025-1A-A1 | 5.95 %<sup>(a)</sup> | 02/28/2045 | 5259960 |
|  | Falcon Aerospace Ltd. |  |  |  |
| 520189 | &nbsp;&nbsp;&nbsp;Series 2017-1-A | 4.58 %<sup>(a)</sup> | 02/15/2042 | 523382 |
|  | Falko Regional Aircraft Ltd. |  |  |  |
| 2889878 | &nbsp;&nbsp;&nbsp;Series 2021-1A-A | 5.75% | 04/15/2041 | 2875906 |
|  | GAIA Aviation Ltd. |  |  |  |
| 2350618 | &nbsp;&nbsp;&nbsp;Series 2019-1-A | 3.97 %<sup>(a)(b)</sup> | 12/15/2044 | 2287755 |
|  | GoodLeap Sustainable Home Solutions Trust |  |  |  |
| 3006410 | &nbsp;&nbsp;&nbsp;Series 2021-3CS-B | 2.41 %<sup>(a)</sup> | 05/20/2048 | 2213587 |
|  | GreenSky LLC |  |  |  |
| 9025000 | &nbsp;&nbsp;&nbsp;Series 2025-1A-D | 6.22 %<sup>(a)</sup> | 03/25/2060 | 9114781 |
|  | Helios Issuer LLC |  |  |  |
| 1162383 | &nbsp;&nbsp;&nbsp;Series 2018-1A-A | 4.87 %<sup>(a)</sup> | 07/20/2048 | 1110603 |
| 1122212 | &nbsp;&nbsp;&nbsp;Series 2021-B-B | 2.01 %<sup>(a)</sup> | 07/20/2048 | 796676 |
|  | HERO Funding Trust |  |  |  |
| 9846 | &nbsp;&nbsp;&nbsp;Series 2015-2A-A | 3.99 %<sup>(a)</sup> | 09/20/2040 | 9329 |
| 288667 | &nbsp;&nbsp;&nbsp;Series 2016-3A-A2 | 3.91 %<sup>(a)</sup> | 09/20/2042 | 269660 |
| 713066 | &nbsp;&nbsp;&nbsp;Series 2016-4A-A2 | 4.29 %<sup>(a)</sup> | 09/20/2047 | 671011 |
|  | Horizon Aircraft Finance Ltd. |  |  |  |
| 1599648 | &nbsp;&nbsp;&nbsp;Series 2019-1-A | 3.72 %<sup>(a)</sup> | 07/15/2039 | 1531994 |
|  | Hotwire Funding LLC |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2021-1-C | 4.46 %<sup>(a)</sup> | 11/20/2051 | 4879097 |
|  | ITE Rail Fund Levered LP |  |  |  |
| 2126612 | &nbsp;&nbsp;&nbsp;Series 2021-3A-A | 2.21 %<sup>(a)</sup> | 06/28/2051 | 2020972 |
|  | JOL Air Ltd. |  |  |  |
| 2751359 | &nbsp;&nbsp;&nbsp;Series 2019-1-A | 3.97 %<sup>(a)</sup> | 04/15/2044 | 2710432 |
|  | Kestrel Aircraft Funding USA LLC |  |  |  |
| 769656 | &nbsp;&nbsp;&nbsp;Series 2018-1A-A | 4.25 %<sup>(a)</sup> | 12/15/2038 | 767816 |
|  | Luminace Issuer LLC |  |  |  |
| 6733292 | &nbsp;&nbsp;&nbsp;Series 2024-1-A | 5.87 %<sup>(a)</sup> | 10/30/2031 | 6714357 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Mosaic Solar Loans LLC |  |  |  |
| 1210630 | &nbsp;&nbsp;&nbsp;Series 2018-1A-A | 4.01 %<sup>(a)</sup> | 06/22/2043 | 1134388 |
| 1582067 | &nbsp;&nbsp;&nbsp;Series 2019-2A-B | 3.28 %<sup>(a)</sup> | 09/20/2040 | 1428724 |
| 2677686 | &nbsp;&nbsp;&nbsp;Series 2021-3A-B | 1.92 %<sup>(a)</sup> | 06/20/2052 | 2057053 |
| 1813720 | &nbsp;&nbsp;&nbsp;Series 2022-1A-B | 3.16 %<sup>(a)</sup> | 01/20/2053 | 1395746 |
| 4501005 | &nbsp;&nbsp;&nbsp;Series 2025-1A-A | 6.12 %<sup>(a)</sup> | 08/22/2050 | 4471666 |
|  | NP Railcar Holdings LLC |  |  |  |
| 28037 | &nbsp;&nbsp;&nbsp;Series 2016-1A-A1 | 4.16 %<sup>(a)</sup> | 04/20/2046 | 27909 |
| 1007288 | &nbsp;&nbsp;&nbsp;Series 2017-1A-A1 | 3.37 %<sup>(a)</sup> | 10/21/2047 | 985266 |
| 3978883 | &nbsp;&nbsp;&nbsp;Series 2021-1A-A1 | 2.23 %<sup>(a)</sup> | 03/19/2051 | 3807089 |
|  | Purewest Abs Issuer LLC |  |  |  |
| 4371291 | &nbsp;&nbsp;&nbsp;Series 2025-1-A1 | 5.69 %<sup>(a)</sup> | 04/05/2040 | 4439973 |
|  | QTS Issuer ABS I LLC |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2025-1A-B | 5.93 %<sup>(a)</sup> | 05/25/2055 | 5077995 |
|  | Shenton Aircraft Investment Ltd. |  |  |  |
| 89600 | &nbsp;&nbsp;&nbsp;Series 2015-1A-A | 4.75 %<sup>(a)</sup> | 10/15/2042 | 87525 |
|  | SSI ABS Issuer LLC |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2025-1-A | 6.15 %<sup>(a)</sup> | 07/25/2065 | 5017525 |
|  | Stack Infrastructure Issuer LLC |  |  |  |
| 5280000 | &nbsp;&nbsp;&nbsp;Series 2025-1A-A2 | 5.00 %<sup>(a)</sup> | 05/25/2050 | 5233868 |
|  | Start/Bermuda |  |  |  |
| 616143 | &nbsp;&nbsp;&nbsp;Series 2018-1-A | 4.09 %<sup>(a)</sup> | 05/15/2043 | 616182 |
|  | Sunnova Energy International, Inc. |  |  |  |
| 944717 | &nbsp;&nbsp;&nbsp;Series 2020-AA-A | 2.98 %<sup>(a)</sup> | 06/20/2047 | 823969 |
|  | Switch ABS Issuer LLC |  |  |  |
| 4000000 | &nbsp;&nbsp;&nbsp;Series 2024-1A-B | 6.50 %<sup>(a)</sup> | 03/25/2054 | 4048726 |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2024-2A-C | 10.03 %<sup>(a)</sup> | 06/25/2054 | 5188097 |
|  | Thunderbolt Aircraft Lease |  |  |  |
| 634481 | &nbsp;&nbsp;&nbsp;Series 2018-A-A | 4.15 %<sup>(a)(b)</sup> | 09/15/2038 | 633028 |
| 1020964 | &nbsp;&nbsp;&nbsp;Series 2018-A-B | 5.07 %<sup>(a)(b)</sup> | 09/15/2038 | 1010659 |
|  | Trinity Industries Leasing Co. |  |  |  |
| 2212721 | &nbsp;&nbsp;&nbsp;Series 2010-1A-A | 5.19 %<sup>(a)</sup> | 10/16/2040 | 2215522 |
|  | Vault DI Issuer LLC |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2021-1A-A2 | 2.80 %<sup>(a)</sup> | 07/15/2046 | 4837558 |
|  | Vivant Solar Financing V Parent LLC |  |  |  |
| 4116783 | &nbsp;&nbsp;&nbsp;Series 2018-1A-A | 4.73 %<sup>(a)</sup> | 04/30/2048 | 3911361 |
|  | WAVE USA |  |  |  |
| 1105755 | &nbsp;&nbsp;&nbsp;Series 2017-1A-A | 3.84 %<sup>(a)</sup> | 11/15/2042 | 1080241 |
|  | Willis Lease Finance Corp. |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;Series 2025-A-A | 5.58 %<sup>(a)</sup> | 06/15/2050 | 5092465 |
|  | Wireless PropCo Funding Parent LLC |  |  |  |
| 3600000 | &nbsp;&nbsp;&nbsp;Series 2025-1A-C | 8.51 %<sup>(a)</sup> | 06/25/2055 | 3630402 |
|  | **Total Asset Backed Obligations (Cost $163,902,679)** | **Total Asset Backed Obligations (Cost $163,902,679)** |  | **162374664** |
| **FOREIGN CORPORATE BONDS - 5.5%** | **FOREIGN CORPORATE BONDS - 5.5%** | **FOREIGN CORPORATE BONDS - 5.5%** |  |  |
| 5500000 | APA Infrastructure Ltd. | 4.25 %<sup>(a)</sup> | 07/15/2027 | 5476446 |
| 2000000 | Emirates Semb Corp. Water & Power Co. PJSC | 4.45 %<sup>(a)</sup> | 08/01/2035 | 1881090 |
| 1853490 | Energia Eolica SA | 6.00 %<sup>(c)</sup> | 08/30/2034 | 1860441 |
| 2350061 | Fermaca Enterprises S de RL de CV | 6.38 %<sup>(a)</sup> | 03/30/2038 | 2300791 |
| 1280330 | Fermaca Enterprises S de RL de CV | 6.38% | 03/30/2038 | 1253488 |
| 218768 | Interoceanica IV Finance Ltd.<br> Series 2007 | 0.00 %<sup>(c)</sup> | 11/30/2025 | 212478 |
| 95116 | Interoceanica IV Finance Ltd.<br> Series 2007 | 0.00 %<sup>(a)(c)</sup> | 11/30/2025 | 92382 |
| 6000000 | Transelec SA | 3.88 %<sup>(a)</sup> | 01/12/2029 | 5814387 |
|  | **Total Foreign Corporate Bonds (Cost $19,379,013)** | **Total Foreign Corporate Bonds (Cost $19,379,013)** |  | **18891503** |
| **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.8%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.8%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.8%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.8%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.8%** |
| 139181 | Lima Metro Line 2 Finance Ltd. | 5.88% | 07/05/2034 | 141250 |
| 2584787 | Lima Metro Line 2 Finance Ltd. | 5.88 %<sup>(a)</sup> | 07/05/2034 | 2623220 |
|  | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $2,825,345)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $2,825,345)** | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $2,825,345)** | **2764470** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **MATURITY** | **VALUE $** |
| **US CORPORATE BONDS - 43.3%** | **US CORPORATE BONDS - 43.3%** | **US CORPORATE BONDS - 43.3%** | **US CORPORATE BONDS - 43.3%** |  |  |
| 6000000 | Ameren Corp. | 5.38% |  | 03/15/2035 | 6039707 |
| 11015000 | AT&T, Inc. | 4.30% |  | 12/15/2042 | 9286841 |
| 5000000 | Burlington Northern Santa Fe LLC | 5.20% |  | 04/15/2054 | 4737768 |
| 3500000 | Cheniere Energy, Inc. | 5.65% |  | 04/15/2034 | 3586316 |
| 8000000 | Crown Castle, Inc. | 5.10% |  | 05/01/2033 | 7971686 |
| 5000000 | Duke Energy Florida LLC | 5.88% |  | 11/15/2033 | 5332350 |
| 8000000 | Energy Transfer LP | 5.75% |  | 02/15/2033 | 8307730 |
| 5000000 | Enterprise Products Operating LLC | 5.55% |  | 02/16/2055 | 4828687 |
| 8500000 | Eversource Energy | 5.13% |  | 05/15/2033 | 8511348 |
| 7400000 | Exelon Corp. | 5.30% |  | 03/15/2033 | 7586280 |
| 5750000 | Flex Intermediate Holdco LLC | 4.32 %<sup>(a)</sup> |  | 12/30/2039 | 4544055 |
| 2000000 | Foundry JV Holdco LLC | 6.15 %<sup>(a)</sup> |  | 01/25/2032 | 2106153 |
| 2000000 | Foundry JV Holdco LLC | 5.88 %<sup>(a)</sup> |  | 01/25/2034 | 2034247 |
| 3000000 | Foundry JV Holdco LLC | 6.30 %<sup>(a)</sup> |  | 01/25/2039 | 3142411 |
| 6000000 | HA Sustainable Infrastructure Capital, Inc. | 6.38% |  | 07/01/2034 | 6003988 |
| 7500000 | ITC Holdings Corp. | 5.40 %<sup>(a)</sup> |  | 06/01/2033 | 7590193 |
| 5500000 | Kinder Morgan, Inc. | 5.55% |  | 06/01/2045 | 5193674 |
| 8000000 | MPLX LP | 5.00% |  | 03/01/2033 | 7892809 |
| 3500000 | ONEOK, Inc. | 6.63% |  | 09/01/2053 | 3640567 |
| 5000000 | Pluto 2 (GIP Sharon Finco) | 6.64 %<sup>(c)</sup> |  | 09/30/2046 | 5088000 |
| 5000000 | Sempra | 5.50% |  | 08/01/2033 | 5106589 |
| 9150000 | Southern Co. | 5.50% |  | 03/15/2029 | 9528948 |
| 4500000 | T-Mobile USA, Inc. | 5.50% |  | 01/15/2055 | 4269665 |
| 5000000 | Venture Global Calcasieu Pass LLC | 6.25 %<sup>(a)</sup> |  | 01/15/2030 | 5160575 |
| 6000000 | Western Midstream Operating LP | 5.25% |  | 02/01/2050 | 5051936 |
| 5000000 | Williams Cos., Inc. | 6.30% |  | 04/15/2040 | 5312526 |
|  | **Total US Corporate Bonds (Cost $147,741,168)** | **Total US Corporate Bonds (Cost $147,741,168)** | **Total US Corporate Bonds (Cost $147,741,168)** | **Total US Corporate Bonds (Cost $147,741,168)** | **147855049** |
| **US GOVERNMENT AND AGENCY OBLIGATIONS - 1.2%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 1.2%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 1.2%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 1.2%** |  |  |
| 4000000 | United States Treasury Note/Bond | 4.25% |  | 06/30/2029 | 4075391 |
|  | **Total US Government and Agency Obligations (Cost $4,024,339)** | **Total US Government and Agency Obligations (Cost $4,024,339)** | **Total US Government and Agency Obligations (Cost $4,024,339)** | **Total US Government and Agency Obligations (Cost $4,024,339)** | **4075391** |
| **SHORT TERM INVESTMENTS - 1.1%** | **SHORT TERM INVESTMENTS - 1.1%** | **SHORT TERM INVESTMENTS - 1.1%** | **SHORT TERM INVESTMENTS - 1.1%** |  |  |
| 1348913 | First American Government Obligations Fund - U | 4.28 %<sup>(d)</sup> |  |  | 1348913 |
| 1265913 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(d)</sup> |  |  | 1265913 |
| 1265914 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(d)</sup> |  |  | 1265914 |
|  | **Total Short Term Investments (Cost $3,880,740)** | **Total Short Term Investments (Cost $3,880,740)** |  |  | **3880740** |
|  | **Total Investments - 99.5% (Cost $341,753,284)** | **Total Investments - 99.5% (Cost $341,753,284)** |  |  | **339841817** |
|  | **Other Assets in Excess of Liabilities - 0.5%** | **Other Assets in Excess of Liabilities - 0.5%** |  |  | **1624779** |
|  | **NET ASSETS - 100.0%** |  |  |  | $**341466596** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| Asset Backed Obligations | 47.6% |
| US Corporate Bonds | 43.3% |
| Foreign Corporate Bonds | 5.5% |
| US Government and Agency Obligations | 1.2% |
| Short Term Investments | 1.1% |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 0.8% |
| Other Assets and Liabilities | 0.5% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN** as a % of Net Assets: | |
| Asset Backed Obligations | 47.6% |
| Energy | 20.2% |
| Utilities | 15.9% |
| Telecommunications | 6.3% |
| Transportation | 3.3% |
| Technology | 2.1% |
| Finance | 1.8% |
| US Government and Agency Obligations | 1.2% |
| Short Term Investments | 1.1% |
| Other Assets and Liabilities | 0.5% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $202,264,708 or 59.2% of the Fund's net assets.** 

**(b)** **Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.** 

**(c)** **Value determined using significant unobservable inputs.** 

**(d)** **Seven-day yield as of period end.** 

---

| | |
|:---|:---|
| **DoubleLine Shiller Enhanced International CAPE®** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **ASSET BACKED OBLIGATIONS - 7.4%** | **ASSET BACKED OBLIGATIONS - 7.4%** |  |  |  |
|  | Affirm, Inc. |  |  |  |
| 150000 | &nbsp;&nbsp;Series 2025-1A-B | 5.13 %<sup>(a)</sup> | 02/15/2033 | 151058 |
|  | Commonbond Student Loan Trust |  |  |  |
| 248654 | &nbsp;&nbsp;Series 2017-BGS-B | 3.26 %<sup>(a)</sup> | 09/25/2042 | 217505 |
|  | Diamond Resorts Owner Trust |  |  |  |
| 195313 | &nbsp;&nbsp;Series 2021-1A-A | 1.51 %<sup>(a)</sup> | 11/21/2033 | 194265 |
|  | DigitalBridge Group, Inc. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2023-1A-A2A | 5.00 %<sup>(a)</sup> | 09/15/2048 | 496383 |
|  | Marlette Funding Trust |  |  |  |
| 71470 | &nbsp;&nbsp;Series 2021-1A-D | 2.47 %<sup>(a)</sup> | 06/16/2031 | 70929 |
|  | Mosaic Solar Loans LLC |  |  |  |
| 333223 | &nbsp;&nbsp;Series 2021-3A-A | 1.44 %<sup>(a)</sup> | 06/20/2052 | 271936 |
|  | National Collegiate Student Loan Trust |  |  |  |
| 224690 | &nbsp;&nbsp;Series 2006-1-A5 (1 mo. Term SOFR + 0.46%, 0.00% Floor) | 4.78% | 03/25/2033 | 221908 |
|  | Navient Student Loan Trust |  |  |  |
| 247102 | &nbsp;&nbsp;Series 2018-A-B | 3.68 %<sup>(a)</sup> | 02/18/2042 | 242232 |
|  | Pagaya AI Debt Selection Trust |  |  |  |
| 76805 | &nbsp;&nbsp;Series 2024-1-A | 6.66 %<sup>(a)</sup> | 07/15/2031 | 77312 |
|  | SoFi Consumer Loan Program Trust |  |  |  |
| 195932 | &nbsp;&nbsp;Series 2025-1-A | 4.80 %<sup>(a)</sup> | 02/27/2034 | 196357 |
| 150000 | &nbsp;&nbsp;Series 2025-2-B | 4.97 %<sup>(a)</sup> | 06/25/2034 | 152135 |
|  | Tesla Sustainable Energy Trust |  |  |  |
| 120836 | &nbsp;&nbsp;Series 2024-1A-A2 | 5.08 %<sup>(a)</sup> | 06/21/2050 | 121365 |
|  | Theorem Funding Trust |  |  |  |
| 43601 | &nbsp;&nbsp;Series 2023-1A-A | 7.58 %<sup>(a)</sup> | 04/15/2029 | 43756 |
|  | **Total Asset Backed Obligations (Cost $2,451,365)** |  |  | **2457141** |
| **COLLATERALIZED LOAN OBLIGATIONS - 11.0%** | **COLLATERALIZED LOAN OBLIGATIONS - 11.0%** |  |  |  |
|  | CBAM Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2017-2A-AR (3 mo. Term SOFR + 1.45%, 1.19% Floor) | 5.73 %<sup>(a)</sup> | 07/17/2034 | 500847 |
|  | Highbridge Loan Management Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 3A-2014-CR (3 mo. Term SOFR + 3.86%, 0.00% Floor) | 8.13 %<sup>(a)</sup> | 07/18/2029 | 504504 |
|  | RR Ltd./Cayman Islands |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2021-14A-A1 (3 mo. Term SOFR + 1.38%, 1.38% Floor) | 5.64 %<sup>(a)</sup> | 04/15/2036 | 500992 |
|  | Sound Point CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2019-2A-AR (3 mo. Term SOFR + 1.43%, 1.17% Floor) | 5.69 %<sup>(a)</sup> | 07/15/2034 | 501030 |
| 1000000 | &nbsp;&nbsp;Series 2020-1A-AR (3 mo. Term SOFR + 1.43%, 1.43% Floor) | 5.70 %<sup>(a)</sup> | 07/20/2034 | 1002051 |
|  | Venture CDO Ltd. |  |  |  |
| 119952 | &nbsp;&nbsp;Series 2017-29A-AR (3 mo. Term SOFR + 1.25%, 0.99% Floor) | 5.58 %<sup>(a)</sup> | 09/07/2030 | 120071 |
|  | Wellfleet CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2020-2A-AR (3 mo. Term SOFR + 1.48%, 1.22% Floor) | 5.74 %<sup>(a)</sup> | 07/15/2034 | 500913 |
|  | **Total Collateralized Loan Obligations (Cost $3,611,257)** |  |  | **3630408** |
| **FOREIGN CORPORATE BONDS - 1.5%** | **FOREIGN CORPORATE BONDS - 1.5%** |  |  |  |
| 22000 | Avolon Holdings Funding Ltd. | 6.38 %<sup>(a)</sup> | 05/04/2028 | 22951 |
| 53000 | Avolon Holdings Funding Ltd. | 5.38 %<sup>(a)</sup> | 05/30/2030 | 54012 |
| 2000 | BAT Capital Corp. | 4.91% | 04/02/2030 | 2028 |
| 23000 | BAT International Finance PLC | 5.93% | 02/02/2029 | 24144 |
| 24000 | Canadian Imperial Bank of Commerce<br> (SOFR + 1.11%) | 5.25% | 01/13/2031 | 24593 |
| 61000 | Canadian Pacific Railway Co. | 4.80% | 03/30/2030 | 62011 |
| 75000 | Element Fleet Management Corp. | 5.04 %<sup>(a)</sup> | 03/25/2030 | 75693 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 12000 | Enbridge, Inc. | 6.00% | 11/15/2028 | 12603 |
| 50000 | Glencore Funding LLC<br> (SOFR + 1.06%) | 5.40 %<sup>(a)</sup> | 04/04/2027 | 50253 |
| 10000 | Glencore Funding LLC | 4.91 %<sup>(a)</sup> | 04/01/2028 | 10104 |
| 33000 | Rio Tinto Finance USA PLC | 4.88% | 03/14/2030 | 33647 |
| 53000 | Royal Bank of Canada<br> (SOFR + 0.86%) | 5.22% | 10/18/2028 | 53082 |
| 68000 | Videotron Ltd. | 5.13 %<sup>(a)</sup> | 04/15/2027 | 68079 |
|  | **Total Foreign Corporate Bonds (Cost $487,371)** |  |  | **493200** |
| **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 13.1%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 13.1%** |  |  |  |
|  | 280 Park Avenue Mortgage Trust |  |  |  |
| 100000 | &nbsp;&nbsp;Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor) | 5.49 %<sup>(a)</sup> | 09/15/2034 | 99119 |
|  | Arbor Multifamily Mortgage Securities Trust |  |  |  |
| 1619746 | &nbsp;&nbsp;Series 2021-MF2-XA | 1.22 %<sup>(a)(b)(c)</sup> | 06/15/2054 | 79703 |
|  | AREIT Trust |  |  |  |
| 52981 | &nbsp;&nbsp;Series 2022-CRE6-A (30 day avg SOFR US + 1.25%, 1.25% Floor) | 5.55 %<sup>(a)</sup> | 01/20/2037 | 53199 |
|  | BANK |  |  |  |
| 2701875 | &nbsp;&nbsp;Series 2021-BN36-XA | 0.98 %<sup>(b)(c)</sup> | 09/15/2064 | 88795 |
|  | BBCMS Trust |  |  |  |
| 1959941 | &nbsp;&nbsp;Series 2025-5C34-XA | 1.39 %<sup>(b)(c)</sup> | 05/15/2058 | 97329 |
|  | BDS Ltd. |  |  |  |
| 48244 | &nbsp;&nbsp;Series 2021-FL10-A (1 mo. Term SOFR + 1.46%, 1.46% Floor) | 5.78 %<sup>(a)</sup> | 12/16/2036 | 48421 |
|  | Benchmark Mortgage Trust |  |  |  |
| 4294645 | &nbsp;&nbsp;Series 2018-B2-XA | 0.60 %<sup>(b)(c)</sup> | 02/15/2051 | 38373 |
| 2271000 | &nbsp;&nbsp;Series 2021-B26-XB | 0.64 %<sup>(a)(b)(c)</sup> | 06/15/2054 | 71060 |
| 1774960 | &nbsp;&nbsp;Series 2021-B28-XA | 1.37 %<sup>(b)(c)</sup> | 08/15/2054 | 95282 |
|  | BPR Trust |  |  |  |
| 120000 | &nbsp;&nbsp;Series 2021-TY-A (1 mo. Term SOFR + 1.16%, 1.05% Floor) | 5.48 %<sup>(a)</sup> | 09/15/2038 | 119895 |
|  | BrightSpire Capital, Inc. |  |  |  |
| 37975 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 08/19/2038 | 37657 |
| 100000 | &nbsp;&nbsp;Series 2024-FL2-A (1 mo. Term SOFR + 1.95%, 1.95% Floor) | 6.26 %<sup>(a)</sup> | 08/19/2037 | 100338 |
|  | BX Trust |  |  |  |
| 87965 | &nbsp;&nbsp;Series 2021-CIP-A (1 mo. Term SOFR + 1.04%, 0.92% Floor) | 5.35 %<sup>(a)</sup> | 12/15/2038 | 87943 |
| 87674 | &nbsp;&nbsp;Series 2021-SOAR-B (1 mo. Term SOFR + 0.98%, 0.87% Floor) | 5.30 %<sup>(a)</sup> | 06/15/2038 | 87713 |
| 83297 | &nbsp;&nbsp;Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor) | 5.11 %<sup>(a)</sup> | 10/15/2038 | 83309 |
| 50812 | &nbsp;&nbsp;Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor) | 6.76 %<sup>(a)</sup> | 08/15/2039 | 50860 |
|  | BXP Trust |  |  |  |
| 100000 | &nbsp;&nbsp;Series 2017-GM-A | 3.38 %<sup>(a)</sup> | 06/13/2039 | 96786 |
|  | CFCRE Commercial Mortgage Trust |  |  |  |
| 100000 | &nbsp;&nbsp;Series 2016-C7-A3 | 3.84% | 12/10/2054 | 98620 |
|  | Citigroup Commercial Mortgage Trust |  |  |  |
| 2500489 | &nbsp;&nbsp;Series 2016-C1-XA | 1.98 %<sup>(b)(c)</sup> | 05/10/2049 | 19642 |
| 100000 | &nbsp;&nbsp;Series 2016-P3-A4 | 3.33% | 04/15/2049 | 98506 |
|  | Citigroup/Deutsche Bank Commercial Mortgage Trust |  |  |  |
| 100000 | &nbsp;&nbsp;Series 2016-C1-B | 4.20 %<sup>(b)</sup> | 05/10/2049 | 93442 |
|  | Commercial Mortgage Pass Through Certificates |  |  |  |
| 4222152 | &nbsp;&nbsp;Series 2015-CR27-XA | 1.00 %<sup>(b)(c)</sup> | 10/10/2048 | 91 |
| 5899257 | &nbsp;&nbsp;Series 2015-LC21-XD | 1.27 %<sup>(a)(b)(c)</sup> | 07/10/2048 | 166 |
|  | Commercial Mortgage Trust |  |  |  |
| 2400000 | &nbsp;&nbsp;Series 2021-PF1-XD | 1.22 %<sup>(a)(b)(c)</sup> | 11/15/2054 | 138732 |
|  | Computershare Corporate Trust |  |  |  |
| 978414 | &nbsp;&nbsp;Series 2015-NXS2-XA | 0.27 %<sup>(b)(c)</sup> | 07/15/2058 | 337 |
| 2627102 | &nbsp;&nbsp;Series 2015-P2-XA | 1.05 %<sup>(b)(c)</sup> | 12/15/2048 | 3672 |
| 153196 | &nbsp;&nbsp;Series 2018-C43-A3 | 3.75% | 03/15/2051 | 150183 |
| 2414083 | &nbsp;&nbsp;Series 2018-C48-XA | 1.10 %<sup>(b)(c)</sup> | 01/15/2052 | 61450 |
| 107674 | &nbsp;&nbsp;Series 2019-C53-ASB | 2.96% | 10/15/2052 | 104695 |
| 840379 | &nbsp;&nbsp;Series 2021-C59-XA | 1.62 %<sup>(b)(c)</sup> | 04/15/2054 | 52007 |
|  | CSAIL Commercial Mortgage Trust |  |  |  |
| 71807 | &nbsp;&nbsp;Series 2015-C4-A4 | 3.81% | 11/15/2048 | 71529 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Extended Stay America Trust |  |  |  |
| 102927 | &nbsp;&nbsp;Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor) | 5.51 %<sup>(a)</sup> | 07/15/2038 | 103018 |
|  | Franklin BSP Realty Trust, Inc. |  |  |  |
| 33978 | &nbsp;&nbsp;Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor) | 5.80 %<sup>(a)</sup> | 02/15/2037 | 33989 |
|  | FS Rialto |  |  |  |
| 47301 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.65 %<sup>(a)</sup> | 05/16/2038 | 47023 |
| 56903 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.68 %<sup>(a)</sup> | 11/16/2036 | 56875 |
|  | Granite Point Mortgage Trust, Inc. |  |  |  |
| 23493 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.61%, 1.36% Floor) | 5.93 %<sup>(a)</sup> | 07/16/2035 | 23097 |
|  | Great Wolf Trust |  |  |  |
| 100000 | &nbsp;&nbsp;Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.85 %<sup>(a)</sup> | 03/15/2039 | 100282 |
|  | Greystone Commercial Real Estate Notes |  |  |  |
| 46103 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor) | 5.45 %<sup>(a)</sup> | 07/15/2039 | 46177 |
|  | GS Mortgage Securities Corp. II |  |  |  |
| 3877191 | &nbsp;&nbsp;Series 2016-GS4-XA | 0.68 %<sup>(b)(c)</sup> | 11/10/2049 | 16577 |
|  | KREF |  |  |  |
| 48827 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor) | 5.50 %<sup>(a)</sup> | 02/15/2039 | 48810 |
|  | LoanCore |  |  |  |
| 37791 | &nbsp;&nbsp;Series 2021-CRE5-A (1 mo. Term SOFR + 1.41%, 1.41% Floor) | 5.73 %<sup>(a)</sup> | 07/15/2036 | 37637 |
| 42018 | &nbsp;&nbsp;Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor) | 5.73 %<sup>(a)</sup> | 11/15/2038 | 42164 |
| 81849 | &nbsp;&nbsp;Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor) | 5.85 %<sup>(a)</sup> | 01/17/2037 | 82089 |
|  | Lument Finance Trust, Inc. |  |  |  |
| 30711 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor) | 5.60 %<sup>(a)</sup> | 06/15/2039 | 30780 |
|  | MF1 Multifamily Housing Mortgage Loan Trust |  |  |  |
| 72818 | &nbsp;&nbsp;Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor) | 5.67 %<sup>(a)</sup> | 02/19/2037 | 72818 |
| 56618 | &nbsp;&nbsp;Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor) | 6.47 %<sup>(a)</sup> | 06/19/2037 | 56778 |
| 100000 | &nbsp;&nbsp;Series 2024-FL14-A (1 mo. Term SOFR + 1.74%, 1.74% Floor) | 6.05 %<sup>(a)</sup> | 03/19/2039 | 100444 |
|  | Morgan Stanley Bank of America Merrill Lynch Trust |  |  |  |
| 4953748 | &nbsp;&nbsp;Series 2017-C34-XE | 1.01 %<sup>(a)(b)(c)</sup> | 11/15/2052 | 86738 |
|  | Morgan Stanley Capital I, Inc. |  |  |  |
| 15277000 | &nbsp;&nbsp;Series 2017-ASHF-XCP | 0.00 %<sup>(a)(b)(c)</sup> | 11/15/2025 | 15 |
|  | MTN Commercial Mortgage Trust |  |  |  |
| 100000 | &nbsp;&nbsp;Series 2022-LPFL-A (1 mo. Term SOFR + 1.40%, 1.40% Floor) | 5.72 %<sup>(a)</sup> | 03/15/2039 | 99996 |
|  | Ready Capital Corp. |  |  |  |
| 24011 | &nbsp;&nbsp;Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 11/25/2036 | 24082 |
|  | SFO Commercial Mortgage Trust |  |  |  |
| 100000 | &nbsp;&nbsp;Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 05/15/2038 | 99616 |
|  | SG Commercial Mortgage Securities LLC |  |  |  |
| 1909650 | &nbsp;&nbsp;Series 2016-C5-XA | 1.98 %<sup>(b)(c)</sup> | 10/10/2048 | 19665 |
|  | SLG Office Trust |  |  |  |
| 18169000 | &nbsp;&nbsp;Series 2021-OVA-X | 0.26 %<sup>(a)(b)(c)</sup> | 07/15/2041 | 223731 |
|  | SREIT Trust |  |  |  |
| 100661 | &nbsp;&nbsp;Series 2021-MFP-A (1 mo. Term SOFR + 0.85%, 0.73% Floor) | 5.16 %<sup>(a)</sup> | 11/15/2038 | 100629 |
| 100000 | &nbsp;&nbsp;Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor) | 5.25 %<sup>(a)</sup> | 11/15/2036 | 99970 |
|  | Starwood Property Trust, Inc. |  |  |  |
| 46018 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 04/18/2038 | 45830 |
|  | TPG Real Estate Finance Issuer Ltd. |  |  |  |
| 42143 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 03/15/2038 | 42141 |
| 88374 | &nbsp;&nbsp;Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor) | 5.96 %<sup>(a)</sup> | 02/15/2039 | 88682 |
| 100000 | &nbsp;&nbsp;Series 2025-FL6-A (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.85 %<sup>(a)</sup> | 09/18/2042 | 100116 |
|  | TTAN |  |  |  |
| 99976 | &nbsp;&nbsp;Series 2021-MHC-B (1 mo. Term SOFR + 1.21%, 1.10% Floor) | 5.53 %<sup>(a)</sup> | 03/15/2038 | 100060 |
|  | UBS Commercial Mortgage Trust |  |  |  |
| 5378000 | &nbsp;&nbsp;Series 2017-C3-XB | 0.52 %<sup>(b)(c)</sup> | 08/15/2050 | 48695 |
|  | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $6,133,686)** |  |  | **4307378** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 15.3%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 15.3%** |  |  |  |
|  | AJAX Mortgage Loan Trust |  |  |  |
| 167240 | &nbsp;&nbsp;Series 2021-C-A | 5.12 %<sup>(a)(d)</sup> | 01/25/2061 | 166903 |
|  | Chase Mortgage Finance Corp. |  |  |  |
| 547418 | &nbsp;&nbsp;Series 2006-A1-2A2 | 5.58 %<sup>(b)</sup> | 09/25/2036 | 486301 |
|  | Citigroup Mortgage Loan Trust, Inc. |  |  |  |
| 34671 | &nbsp;&nbsp;Series 2006-AR2-1A2 | 5.46 %<sup>(b)</sup> | 03/25/2036 | 34037 |
|  | COLT Funding LLC |  |  |  |
| 419340 | &nbsp;&nbsp;Series 2021-HX1-A1 | 1.11 %<sup>(a)(b)</sup> | 10/25/2066 | 360676 |
|  | Countrywide Alternative Loan Trust |  |  |  |
| 310689 | &nbsp;&nbsp;Series 2007-9T1-1A6 | 6.00% | 05/25/2037 | 142616 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 609276 | &nbsp;&nbsp;Series 2022-NQM1-A1 | 2.27 %<sup>(a)(b)</sup> | 11/25/2066 | 555230 |
|  | Deutsche ALT-A Securities, Inc. |  |  |  |
| 284048 | &nbsp;&nbsp;Series 2006-AR6-A6 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 10.50% Cap) | 4.81% | 02/25/2037 | 246004 |
|  | Lehman XS Trust |  |  |  |
| 116854 | &nbsp;&nbsp;Series 2007-6-2A1 (1 mo. Term SOFR + 0.53%, 0.42% Floor) | 4.85% | 05/25/2037 | 99496 |
|  | Merrill Lynch Alternative Note Asset |  |  |  |
| 765712 | &nbsp;&nbsp;Series 2007-OAR5-1A1 | 3.69 %<sup>(b)</sup> | 10/25/2047 | 209236 |
|  | Merrill Lynch Mortgage Backed Securities Trust |  |  |  |
| 795566 | &nbsp;&nbsp;Series 2007-2-1A1 (1 yr. CMT Rate + 2.40%, 2.40% Floor) | 6.53% | 08/25/2036 | 680951 |
|  | Onslow Bay Mortgage Loan Trust |  |  |  |
| 153129 | &nbsp;&nbsp;Series 2020-EXP2-A3 | 2.50 %<sup>(a)(b)</sup> | 05/25/2060 | 129980 |
|  | PRPM LLC |  |  |  |
| 247301 | &nbsp;&nbsp;Series 2021-4-A1 | 5.87 %<sup>(a)(d)</sup> | 04/25/2026 | 247720 |
|  | RALI Trust |  |  |  |
| 595750 | &nbsp;&nbsp;Series 2007-QS8-A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 5.03% | 06/25/2037 | 440670 |
|  | Starwood Mortgage Residential Trust |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2020-2-M1E | 3.00 %<sup>(a)</sup> | 04/25/2060 | 489177 |
| 302433 | &nbsp;&nbsp;Series 2021-5-A1 | 1.92 %<sup>(a)(b)</sup> | 09/25/2066 | 256387 |
|  | Velocity Commercial Capital Loan Trust |  |  |  |
| 134127 | &nbsp;&nbsp;Series 2018-2-A | 4.05 %<sup>(a)(b)</sup> | 10/26/2048 | 130988 |
| 437834 | &nbsp;&nbsp;Series 2021-2-M2 | 2.20 %<sup>(a)(b)</sup> | 08/25/2051 | 354007 |
|  | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $5,807,082)** |  |  | **5030379** |
| **US CORPORATE BONDS - 13.9%** | **US CORPORATE BONDS - 13.9%** |  |  |  |
| 18000 | AbbVie, Inc. | 4.88% | 03/15/2030 | 18437 |
| 4000 | Agilent Technologies, Inc. | 4.20% | 09/09/2027 | 3999 |
| 12000 | Altria Group, Inc. | 6.20% | 11/01/2028 | 12672 |
| 66000 | American Electric Power Co., Inc. | 5.20% | 01/15/2029 | 67710 |
| 81000 | American Express Co.<br> (SOFR + 1.26%) | 4.73% | 04/25/2029 | 81937 |
| 17000 | American Homes 4 Rent LP | 4.25% | 02/15/2028 | 16903 |
| 28000 | American International Group, Inc. | 4.85% | 05/07/2030 | 28460 |
| 15000 | American National Group, Inc. | 5.75% | 10/01/2029 | 15368 |
| 91000 | American Tower Corp. | 4.90% | 03/15/2030 | 92327 |
| 27000 | Amrize Finance US LLC | 4.70 %<sup>(a)</sup> | 04/07/2028 | 27253 |
| 30000 | APA Corp. | 4.25 %<sup>(a)</sup> | 01/15/2030 | 28733 |
| 31000 | AppLovin Corp. | 5.13% | 12/01/2029 | 31413 |
| 38000 | Arrow Electronics, Inc. | 5.15% | 08/21/2029 | 38600 |
| 80000 | Athene Global Funding | 4.72 %<sup>(a)</sup> | 10/08/2029 | 79862 |
| 23000 | Atlassian Corp. | 5.25% | 05/15/2029 | 23624 |
| 8000 | Avery Dennison Corp. | 4.88% | 12/06/2028 | 8126 |
| 4000 | Aviation Capital Group LLC | 6.25 %<sup>(a)</sup> | 04/15/2028 | 4169 |
| 7000 | Bank of America Corp.<br> (SOFR + 1.75%) | 4.83% | 07/22/2026 | 7000 |
| 20000 | Bank of America Corp.<br> (3 mo. Term SOFR + 1.32%) | 3.56% | 04/23/2027 | 19859 |
| 52000 | Bank of America Corp.<br> (SOFR + 0.83%) | 4.98% | 01/24/2029 | 52755 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 52000 | Biogen, Inc. | 5.05% | 01/15/2031 | 52959 |
| 16000 | Boardwalk Pipelines LP | 4.45% | 07/15/2027 | 16000 |
| 46000 | Broadcom, Inc. | 3.15% | 11/15/2025 | 45762 |
| 22000 | Broadcom, Inc. | 4.35% | 02/15/2030 | 21925 |
| 8000 | Brown & Brown, Inc. | 4.70% | 06/23/2028 | 8070 |
| 9000 | Brown & Brown, Inc. | 4.50% | 03/15/2029 | 9001 |
| 24000 | Bunge Ltd. Finance Corp. | 4.20% | 09/17/2029 | 23739 |
| 72000 | Capital One Financial Corp.<br> (SOFR + 2.16%) | 4.99% | 07/24/2026 | 71998 |
| 23000 | Cardinal Health, Inc. | 5.13% | 02/15/2029 | 23594 |
| 23000 | CenterPoint Energy, Inc. | 5.40% | 06/01/2029 | 23785 |
| 38000 | Cheniere Energy Partners LP | 4.50% | 10/01/2029 | 37606 |
| 31000 | Citigroup, Inc.<br> (SOFR + 0.87%) | 4.79% | 03/04/2029 | 31227 |
| 66000 | Citigroup, Inc.<br> (SOFR + 1.34%) | 4.54% | 09/19/2030 | 65714 |
| 12000 | CNA Financial Corp. | 3.90% | 05/01/2029 | 11779 |
| 48000 | Corebridge Global Funding | 5.75 %<sup>(a)</sup> | 07/02/2026 | 48620 |
| 5000 | Coterra Energy, Inc. | 3.90% | 05/15/2027 | 4939 |
| 3000 | Coterra Energy, Inc. | 4.38% | 03/15/2029 | 2972 |
| 24000 | CubeSmart LP | 4.38% | 02/15/2029 | 23870 |
| 15000 | Darden Restaurants, Inc. | 4.35% | 10/15/2027 | 15034 |
| 10000 | DCP Midstream Operating LP | 5.13% | 05/15/2029 | 10163 |
| 54000 | Dell International LLC / EMC Corp. | 4.35% | 02/01/2030 | 53539 |
| 52000 | Delta Air Lines, Inc. | 4.95% | 07/10/2028 | 52331 |
| 12000 | Devon Energy Corp. | 5.25% | 10/15/2027 | 12027 |
| 27000 | Dominion Energy, Inc. | 5.00% | 06/15/2030 | 27566 |
| 28000 | DTE Energy Co. | 5.20% | 04/01/2030 | 28666 |
| 30000 | Edwards Lifesciences Corp. | 4.30% | 06/15/2028 | 29962 |
| 34000 | Elevance Health, Inc. | 5.15% | 06/15/2029 | 34983 |
| 60000 | Energy Transfer LP | 6.05% | 12/01/2026 | 61282 |
| 6000 | EQT Corp. | 3.90% | 10/01/2027 | 5922 |
| 8000 | EQT Corp. | 7.00% | 02/01/2030 | 8676 |
| 34000 | Equifax, Inc. | 4.80% | 09/15/2029 | 34299 |
| 18000 | Essential Utilities, Inc. | 4.80% | 08/15/2027 | 18196 |
| 2000 | Essential Utilities, Inc. | 3.57% | 05/01/2029 | 1943 |
| 50000 | Evergy Kansas Central, Inc. | 4.70% | 03/13/2028 | 50593 |
| 32000 | Exelon Corp. | 5.15% | 03/15/2029 | 32844 |
| 106000 | Extra Space Storage LP | 5.50% | 07/01/2030 | 109995 |
| 2000 | FirstEnergy Transmission LLC | 4.55% | 01/15/2030 | 2002 |
| 83000 | Fiserv, Inc. | 4.75% | 03/15/2030 | 83594 |
| 24000 | GATX Corp. | 4.70% | 04/01/2029 | 24214 |
| 2000 | GATX Corp. | 4.00% | 06/30/2030 | 1947 |
| 64000 | GE HealthCare Technologies, Inc. | 4.80% | 08/14/2029 | 64957 |
| 59000 | Genuine Parts Co. | 4.95% | 08/15/2029 | 59930 |
| 18000 | Global Payments, Inc. | 5.30% | 08/15/2029 | 18332 |
| 43000 | Goldman Sachs Bank USA/New York NY<br> (SOFR + 0.77%) | 5.23% | 03/18/2027 | 43115 |
| 69000 | Hewlett Packard Enterprise Co. | 4.55% | 10/15/2029 | 68671 |
| 9000 | Huntington Bancshares, Inc./OH<br> (SOFR + 1.28%) | 5.27% | 01/15/2031 | 9224 |
| 34000 | Hyundai Capital America | 4.55 %<sup>(a)</sup> | 09/26/2029 | 33705 |
| 23000 | Illumina, Inc. | 4.65% | 09/09/2026 | 23033 |
| 108000 | Interstate Power and Light Co. | 3.60% | 04/01/2029 | 104893 |
| 82000 | Jacobs Engineering Group, Inc. | 6.35% | 08/18/2028 | 86202 |
| 60000 | JPMorgan Chase & Co.<br> (SOFR + 0.92%) | 5.28% | 04/22/2028 | 60184 |
| 38000 | JPMorgan Chase & Co.<br> (SOFR + 0.80%) | 4.92% | 01/24/2029 | 38520 |
| 23000 | Kinder Morgan, Inc. | 5.00% | 02/01/2029 | 23366 |
| 21000 | Kyndryl Holdings, Inc. | 2.05% | 10/15/2026 | 20357 |
| 34000 | Laboratory Corp. of America Holdings | 4.35% | 04/01/2030 | 33782 |
| 34000 | LPL Holdings, Inc. | 4.63 %<sup>(a)</sup> | 11/15/2027 | 33945 |
| 16000 | M&T Bank Corp.<br> (SOFR + 0.93%) | 4.83% | 01/16/2029 | 16135 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 34000 | Marriott International, Inc./MD | 4.80% | 03/15/2030 | 34337 |
| 61000 | Mars, Inc. | 4.80 %<sup>(a)</sup> | 03/01/2030 | 61827 |
| 22000 | Marvell Technology, Inc. | 5.75% | 02/15/2029 | 22912 |
| 26000 | Marvell Technology, Inc. | 4.75% | 07/15/2030 | 26123 |
| 52000 | MasTec, Inc. | 4.50 %<sup>(a)</sup> | 08/15/2028 | 51322 |
| 35000 | Merck Sharp & Dohme Corp. | 5.95% | 12/01/2028 | 37132 |
| 23000 | Meritage Homes Corp. | 5.13% | 06/06/2027 | 23279 |
| 5000 | Meritage Homes Corp. | 3.88 %<sup>(a)</sup> | 04/15/2029 | 4821 |
| 24000 | Microchip Technology, Inc. | 4.25% | 09/01/2025 | 23973 |
| 83600 | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd. | 6.50 %<sup>(a)</sup> | 06/20/2027 | 83762 |
| 35000 | Molex Electronic Technologies LLC | 4.75 %<sup>(a)</sup> | 04/30/2028 | 35226 |
| 52000 | MPLX LP | 4.80% | 02/15/2029 | 52519 |
| 23000 | National Fuel Gas Co. | 5.50% | 03/15/2030 | 23651 |
| 41000 | National Rural Utilities Cooperative Finance Corp. | 4.75% | 02/07/2028 | 41545 |
| 5000 | New York Life Global Funding<br> (SOFR + 0.48%) | 4.92 %<sup>(a)</sup> | 06/09/2026 | 5009 |
| 6000 | New York Life Global Funding | 4.70 %<sup>(a)</sup> | 01/29/2029 | 6081 |
| 75000 | NextEra Energy Capital Holdings, Inc. | 5.05% | 03/15/2030 | 76778 |
| 37000 | NGPL PipeCo LLC | 4.88 %<sup>(a)</sup> | 08/15/2027 | 36823 |
| 33000 | Niagara Mohawk Power Corp. | 4.65 %<sup>(a)</sup> | 10/03/2030 | 33000 |
| 53000 | NiSource, Inc. | 5.20% | 07/01/2029 | 54433 |
| 56000 | Northrop Grumman Corp. | 4.65% | 07/15/2030 | 56508 |
| 22000 | Omega Healthcare Investors, Inc. | 4.75% | 01/15/2028 | 22109 |
| 52000 | ONEOK, Inc. | 5.38% | 06/01/2029 | 53130 |
| 24000 | ONEOK, Inc. | 4.40% | 10/15/2029 | 23826 |
| 52000 | Oracle Corp. | 5.80% | 11/10/2025 | 52214 |
| 4000 | Pacific Life Global Funding II<br> (SOFR + 0.62%) | 5.05 %<sup>(a)</sup> | 06/04/2026 | 4014 |
| 13000 | Paychex, Inc. | 5.10% | 04/15/2030 | 13320 |
| 16000 | PayPal Holdings, Inc. | 4.45% | 03/06/2028 | 16133 |
| 52000 | Penske Truck Leasing Co. Lp / PTL Finance Corp. | 5.25 %<sup>(a)</sup> | 02/01/2030 | 53242 |
| 14000 | Pinnacle West Capital Corp. | 4.90% | 05/15/2028 | 14200 |
| 50000 | Public Service Enterprise Group, Inc. | 5.88% | 10/15/2028 | 52352 |
| 32000 | Quanta Services, Inc. | 4.75% | 08/09/2027 | 32281 |
| 32000 | Quest Diagnostics, Inc. | 4.20% | 06/30/2029 | 31874 |
| 49000 | Republic Services, Inc. | 4.75% | 07/15/2030 | 49941 |
| 3000 | Ryder System, Inc. | 5.25% | 06/01/2028 | 3079 |
| 11000 | Ryder System, Inc. | 4.95% | 09/01/2029 | 11199 |
| 30000 | Santander Holdings USA, Inc.<br> (SOFR + 1.61%) | 5.47% | 03/20/2029 | 30509 |
| 12000 | Sherwin-Williams Co. | 4.55% | 03/01/2028 | 12108 |
| 20000 | Sonoco Products Co. | 4.45% | 09/01/2026 | 19985 |
| 24000 | State Street Corp.<br> (SOFR + 1.35%) | 5.75% | 11/04/2026 | 24108 |
| 19000 | State Street Corp.<br> (SOFR + 0.95%) | 4.54% | 04/24/2028 | 19128 |
| 24000 | Sysco Corp. | 5.10% | 09/23/2030 | 24601 |
| 22000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp. | 6.50% | 07/15/2027 | 22015 |
| 54000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp. | 6.88% | 01/15/2029 | 55085 |
| 55000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp. | 5.50% | 03/01/2030 | 55831 |
| 54000 | Truist Financial Corp.<br> (SOFR + 1.46%) | 4.26% | 07/28/2026 | 53979 |
| 86000 | Truist Financial Corp.<br> (SOFR + 2.45%) | 7.16% | 10/30/2029 | 93042 |
| 18000 | Uber Technologies, Inc. | 6.25 %<sup>(a)</sup> | 01/15/2028 | 18097 |
| 52000 | Veralto Corp. | 5.50% | 09/18/2026 | 52634 |
| 73000 | VICI Properties LP / VICI Note Co., Inc. | 4.25 %<sup>(a)</sup> | 12/01/2026 | 72581 |
| 52000 | Wells Fargo & Co.<br> (SOFR + 1.07%) | 5.43% | 04/22/2028 | 52368 |
| 25000 | Wells Fargo & Co.<br> (SOFR + 1.79%) | 6.30% | 10/23/2029 | 26426 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 5000 | Western Midstream Operating LP | 6.35% | 01/15/2029 | 5237 |
| 33000 | Western Midstream Operating LP | 4.05% | 02/01/2030 | 31750 |
| 35000 | Williams Cos., Inc. | 4.80% | 11/15/2029 | 35415 |
| 9000 | Zimmer Biomet Holdings, Inc. | 4.70% | 02/19/2027 | 9052 |
| 32000 | Zimmer Biomet Holdings, Inc. | 5.05% | 02/19/2030 | 32807 |
|  | **Total US Corporate Bonds (Cost $4,538,549)** |  |  | **4591629** |
| **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 3.7%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 3.7%** |  |  |  |
|  | Federal National Mortgage Association |  |  |  |
| 1237289 | &nbsp;&nbsp;Series 2013-92-FA (30 day avg SOFR US + 0.66%, 0.55% Floor, 6.50% Cap) | 4.97% | 09/25/2043 | 1225709 |
|  | **Total US Government and Agency Mortgage Backed Obligations (Cost $1,197,271)** |  |  | **1225709** |
| **US GOVERNMENT AND AGENCY OBLIGATIONS - 16.7%** | **US GOVERNMENT AND AGENCY OBLIGATIONS - 16.7%** |  |  |  |
| 111352 | United States Treasury Inflation Indexed Bonds | 2.38% | 01/15/2027 | 113229 |
| 159065 | United States Treasury Inflation Indexed Bonds | 0.13% | 04/15/2027 | 155755 |
| 75805 | United States Treasury Inflation Indexed Bonds | 1.63% | 10/15/2027 | 76762 |
| 800000 | United States Treasury Note/Bond | 0.38% | 01/31/2026 | 782427 |
| 510000 | United States Treasury Note/Bond | 0.75% | 03/31/2026 | 497456 |
| 600000 | United States Treasury Note/Bond | 0.75% | 05/31/2026 | 582380 |
| 450000 | United States Treasury Note/Bond | 0.63% | 07/31/2026 | 434197 |
| 1000000 | United States Treasury Note/Bond | 0.88 %<sup>(e)</sup> | 09/30/2026 | 963438 |
| 1400000 | United States Treasury Note/Bond | 0.63 %<sup>(e)</sup> | 03/31/2027 | 1326391 |
| 630000 | United States Treasury Note/Bond | 0.50% | 06/30/2027 | 591277 |
|  | **Total US Government and Agency Obligations (Cost $5,493,198)** | **Total US Government and Agency Obligations (Cost $5,493,198)** | **Total US Government and Agency Obligations (Cost $5,493,198)** | **5523312** |
| **AFFILIATED MUTUAL FUNDS - 2.0%** | **AFFILIATED MUTUAL FUNDS - 2.0%** |  |  |  |
| 72135 | DoubleLine Floating Rate Fund - Class I |  |  | 647048 |
|  | **Total Affiliated Mutual Funds (Cost $686,722)** | **Total Affiliated Mutual Funds (Cost $686,722)** | **Total Affiliated Mutual Funds (Cost $686,722)** | **647048** |
| **SHORT TERM INVESTMENTS - 11.4%** | **SHORT TERM INVESTMENTS - 11.4%** |  |  |  |
| 357619 | First American Government Obligations Fund - U | 4.28 %<sup>(f)</sup> |  | 357619 |
| 357619 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(f)</sup> |  | 357619 |
| 357620 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(f)</sup> |  | 357620 |
| 2700000 | United States Treasury Bill | 0.00% | 07/31/2025 | 2690669 |
|  | **Total Short Term Investments (Cost $3,763,485)** | **Total Short Term Investments (Cost $3,763,485)** | **Total Short Term Investments (Cost $3,763,485)** | **3763527** |
|  | **Total Investments - 96.0% (Cost $34,169,986)** | **Total Investments - 96.0% (Cost $34,169,986)** | **Total Investments - 96.0% (Cost $34,169,986)** | **31669731** |
|  | **Other Assets in Excess of Liabilities - 4.0%** | **Other Assets in Excess of Liabilities - 4.0%** | **Other Assets in Excess of Liabilities - 4.0%** | **1311004** |
|  | **NET ASSETS - 100.0%** |  |  | $**32980735** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Obligations | 16.7% |
| Non-Agency Residential Collateralized Mortgage Obligations | 15.3% |
| US Corporate Bonds | 13.9% |
| Non-Agency Commercial Mortgage Backed Obligations | 13.1% |
| Short Term Investments | 11.4% |
| Collateralized Loan Obligations | 11.0% |
| Asset Backed Obligations | 7.4% |
| US Government and Agency Mortgage Backed Obligations | 3.7% |
| Affiliated Mutual Funds | 2.0% |
| Foreign Corporate Bonds | 1.5% |
| Other Assets and Liabilities | 4.0% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN** as a % of Net Assets: | |
| US Government and Agency Obligations | 16.7% |
| Non-Agency Residential Collateralized Mortgage Obligations | 15.3% |
| Non-Agency Commercial Mortgage Backed Obligations | 13.1% |
| Short Term Investments | 11.4% |
| Collateralized Loan Obligations | 11.0% |
| Asset Backed Obligations | 7.4% |
| US Government and Agency Mortgage Backed Obligations | 3.7% |
| Banking | 2.6% |
| Energy | 2.1% |
| Affiliated Mutual Funds | 2.0% |
| Technology | 1.8% |
| Utilities | 1.8% |
| Healthcare | 0.9% |
| Insurance | 0.7% |
| Transportation | 0.6% |
| Aerospace & Defense | 0.6% |
| Real Estate | 0.5% |
| Industrial Equipment | 0.5% |
| Finance | 0.4% |
| Food Products | 0.3% |
| Pharmaceuticals | 0.3% |
| Hotels/Motels/Inns and Casinos | 0.3% |
| Media | 0.3% |
| Mining | 0.3% |
| Telecommunications | 0.2% |
| Retailers (other than Food/Drug) | 0.2% |
| Construction | 0.2% |
| Diversified Manufacturing | 0.2% |
| Environmental Control | 0.1% |
| Beverage and Tobacco | 0.1% |
| Automotive | 0.1% |
| Containers and Glass Products | 0.1% |
| Commercial Services | 0.1% |
| Food Service | 0.1% |
| Chemicals/Plastics | 0.0 %<sup>(g)</sup> |
| Other Assets and Liabilities | 4.0% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $12,708,381 or 38.5% of the Fund's net assets.** 

**(b)** **Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.** 

**(c)** **Interest only security** 

**(d)** **Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.** 

**(e)** **All or portion of this security has been pledged as collateral.** 

**(f)** **Seven-day yield as of period end.** 

**(g)** **Represents less than 0.05% of net assets.** 

---

| | |
|:---|:---|
| **CMT** | **Constant Maturity Treasury Rate** |
| **SOFR** | **Secured Overnight Financing Rate** |

---

**Swap Agreements**

**Excess Return Swaps** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Entity** | **Counterparty** | **Long/ Short** | **Financing Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount** | **Notional Amount** | **Value** | **Upfront Premiums Paid/ (Received)** | **Unrealized Appreciation (Depreciation)** |
| Shiller Barclays CAPE® Europe Sector Net ER NoC Index <sup>(1)</sup> | Barclays Capital, Inc. | Long | 0.20% | Termination | 07/25/2025 | 2200000 | EUR | $12208 | $– | $12208 |
| Shiller Barclays CAPE® Europe Sector Net ER NoC Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.20% | Termination | 05/21/2026 | 14400000 | EUR | (44881) |  | (44881) |
| Shiller Barclays CAPE® Europe Sector Net ER NoC Index <sup>(1)</sup> | BNP Paribas Securities Corp. | Long | 0.20% | Termination | 02/19/2026 | 12000000 | EUR | (799373) | – | (799373) |
|  |  |  |  |  |  |  |  | $(832046**)** | – | $(832046**)** |

---

**(1)** **Shiller Barclays CAPE® Europe Sector Net ER NoC Index aims to provide notional long exposure to the top four European equity sectors that are relatively undervalued, as defined by a modified version of the classic CAPE® Ratio (the "Relative CAPE® Indicator") and that possess relatively strong price momentum over the prior twelve months. Each European sector is represented by an index of equity securities of companies in the relevant sector. Information on the sector constituents as of June 30, 2025, is available on the Barclays Capital, Inc. website at https://indices.barclays/IM/12/en/indices/details.app;ticker=BXIIESAE.** 

---

| | |
|:---|:---|
| **EUR** | **Euro** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Currency Exchange Contracts** | **Forward Currency Exchange Contracts** | **Forward Currency Exchange Contracts** | **Forward Currency Exchange Contracts** | **Forward Currency Exchange Contracts** | | | | |
| **Settlement Date** | **Counterparty** | **Currency to be Delivered** | **Currency to be Delivered** | **Value** | **Currency to be Received** | **Currency to be Received** | **Value** | **Unrealized Appreciation (Depreciation)** |
| 02/04/2026 | &nbsp;&nbsp;Goldman Sachs | 5152676 | USD | $5152676 | 4900000 | EUR | $5851914 | $699238 |
| 02/04/2026 | &nbsp;&nbsp;Barclays Capital, Inc. | 4206447 | USD | 4206447 | 4000000 | EUR | 4777073 | 570627 |
| 10/08/2025 | &nbsp;&nbsp;J.P. Morgan Securities, Inc. | 9196542 | USD | 9196542 | 8200000 | EUR | 9723820 | 527277 |
| 06/10/2026 | &nbsp;&nbsp;Goldman Sachs | 12643384 | USD | 12643384 | 10800000 | EUR | 12979963 | 336579 |
| 10/08/2025 | &nbsp;&nbsp;Goldman Sachs | 3347491 | USD | 3347491 | 3000000 | EUR | 3557495 | 210004 |
| 02/04/2026 | &nbsp;&nbsp;J.P. Morgan Securities, Inc. | 924438 | USD | 924438 | 800000 | EUR | 955415 | 30976 |
| 10/08/2025 | &nbsp;&nbsp;Barclays Capital, Inc. | 334578 | USD | 334578 | 300000 | EUR | 355750 | 21172 |
| 06/10/2026 | &nbsp;&nbsp;Barclays Capital, Inc. | 584328 | USD | 584328 | 500000 | EUR | 600924 | 16596 |
| 10/08/2025 | &nbsp;&nbsp;Goldman Sachs | 600000 | EUR | 711499 | 707550 | USD | 707550 | (3949) |
| 06/10/2026 | &nbsp;&nbsp;Barclays Capital, Inc. | 500000 | EUR | 600924 | 585201 | USD | 585201 | (15723) |
| 06/10/2026 | &nbsp;&nbsp;J.P. Morgan Securities, Inc. | 1000000 | EUR | 1201849 | 1169350 | USD | 1169350 | (32498) |
| 02/04/2026 | &nbsp;&nbsp;J.P. Morgan Securities, Inc. | 600000 | EUR | 716561 | 630773 | USD | 630773 | (85788) |
| 10/08/2025 | &nbsp;&nbsp;J.P. Morgan Securities, Inc. | 1200000 | EUR | 1422998 | 1320209 | USD | 1320209 | (102789) |
|  |  |  |  |  |  |  |  | $2171722 |

---

---

| | |
|:---|:---|
| **EUR** | **Euro** |
| **USD** | **US Dollar** |

---

A summary of the DoubleLine Shiller Enhanced International CAPE<sup>®</sup>'s investments in affiliated mutual funds for the period ended June 30, 2025 is as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fund** | **Value at March 31, 2025** | **Gross Purchases** | **Change in Unrealized for the Period Ended June 30, 2025** | **Value at June 30, 2025** | **Shares Held at June 30, 2025** | **Dividend Income Earned for the Period Ended June 30, 2025** |
| &nbsp;&nbsp;DoubleLine Floating Rate Fund (Class I) | $640555 | $– $– $– $| 6493 | $647048 | 72135 | $11890 |

---

---

| | |
|:---|:---|
| **DoubleLine Emerging Markets Local Currency Bond Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **FOREIGN CORPORATE BONDS - 20.1%** | **FOREIGN CORPORATE BONDS - 20.1%** | **FOREIGN CORPORATE BONDS - 20.1%** | **FOREIGN CORPORATE BONDS - 20.1%** | **FOREIGN CORPORATE BONDS - 20.1%** |
| **BRAZIL - 0.6%** | **BRAZIL - 0.6%** | **BRAZIL - 0.6%** | **BRAZIL - 0.6%** | **BRAZIL - 0.6%** |
| 550,000 BRL | Simpar Finance SARL | 10.75 %<sup>(a)</sup> | 02/12/2028 | 81491 |
| **CHINA - 4.4%** |  |  |  |  |
| 2,000,000 CNY | European Bank for Reconstruction & Development | 2.75% | 04/27/2032 | 297257 |
| 2,210,000 CNY | International Bank for Reconstruction & Development | 2.00% | 02/18/2026 | 309001 |
|  |  |  |  | 606258 |
| **COLOMBIA - 1.4%** |  |  |  |  |
| 833,000,000 COP | Empresas Publicas de Medellin ESP | 8.38 %<sup>(a)</sup> | 11/08/2027 | 187528 |
| **INDIA - 7.2%** |  |  |  |  |
| 11,500,000 INR | Asian Development Bank | 6.20% | 10/06/2026 | 134132 |
| 33,500,000 INR | European Investment Bank | 6.95 %<sup>(a)</sup> | 03/01/2029 | 396043 |
| 20,000,000 INR | Inter-American Development Bank | 7.00% | 01/25/2029 | 236917 |
| 18,000,000 INR | International Bank for Reconstruction & Development | 6.85% | 04/24/2028 | 212390 |
|  |  |  |  | 979482 |
| **INDONESIA - 2.1%** |  |  |  |  |
| 4,800,000,000 IDR | European Bank for Reconstruction & Development | 4.25% | 02/07/2028 | 284156 |
| **MEXICO - 4.4%** |  |  |  |  |
| 4,500,000 MXN | America Movil SAB de CV | 10.30% | 01/30/2034 | 245712 |
| 6,900,000 MXN | International Finance Corp. | 7.50% | 01/18/2028 | 362432 |
|  |  |  |  | 608144 |
|  | **Total Foreign Corporate Bonds (Cost $2,881,306)** |  |  | **2747059** |
| **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 75.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 75.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 75.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 75.4%** | **FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 75.4%** |
| **BRAZIL - 9.8%** |  |  |  |  |
| 2,000,000 BRL | Brazil Notas de Tesouro Nacional - Serie F | 10.00% | 01/01/2027 | 349294 |
| 3,000,000 BRL | Brazil Notas de Tesouro Nacional - Serie F | 10.00% | 01/01/2029 | 506807 |
| 3,000,000 BRL | Brazil Notas de Tesouro Nacional - Serie F | 10.00% | 01/01/2031 | 484737 |
|  |  |  |  | 1340838 |
| **CHILE - 0.7%** |  |  |  |  |
| 90,000,000 CLP | Bonos de la Tesoreria de la Republica en pesos | 4.50% | 03/01/2026 | 96569 |
| **COLOMBIA - 2.1%** |  |  |  |  |
| 350,000,000 COP | Colombian TES | 6.25% | 11/26/2025 | 84827 |
| 350,000,000 COP | Colombian TES | 7.50% | 08/26/2026 | 84077 |
| 632,400,000 COP | Colombian TES | 7.25% | 10/18/2034 | 113344 |
|  |  |  |  | 282248 |
| **CZECH REPUBLIC - 3.6%** | **CZECH REPUBLIC - 3.6%** |  |  |  |
| 10,600,000 CZK | Czech Republic Government Bond | 2.75% | 07/23/2029 | 487887 |
| **HUNGARY - 3.4%** |  |  |  |  |
| 53,000,000 HUF | Hungary Government Bond | 4.75% | 11/24/2032 | 138715 |
| 110,400,000 HUF | Hungary Government Bond | 7.00% | 10/24/2035 | 324765 |
|  |  |  |  | 463480 |
| **INDIA - 1.1%** |  |  |  |  |
| 12,000,000 INR | Export-Import Bank of Korea | 8.10% | 10/16/2030 | 146097 |
| **INDONESIA - 10.0%** |  |  |  |  |
| 6,065,000,000 IDR | Indonesia Treasury Bond | 8.25% | 05/15/2029 | 398979 |
| 4,700,000,000 IDR | Indonesia Treasury Bond | 7.00% | 02/15/2033 | 296702 |
| 6,170,000,000 IDR | Indonesia Treasury Bond | 8.38% | 03/15/2034 | 423181 |
| 3,662,000,000 IDR | Indonesia Treasury Bond | 7.50% | 06/15/2035 | 239564 |
|  |  |  |  | 1358426 |
| **ISRAEL - 1.9%** |  |  |  |  |
| 880,000 ILS | Israel Government Bond | 3.75% | 09/30/2027 | 259953 |
| **MALAYSIA - 3.4%** |  |  |  |  |
| 1,900,000 MYR | Malaysia Government Bond | 3.58% | 07/15/2032 | 456562 |
| **MEXICO - 8.6%** |  |  |  |  |
| 6,250,000 MXN | Mexican Bonos | 5.75% | 03/05/2026 | 327594 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 11,280,000 MXN | Mexican Bonos | 7.75% | 05/29/2031 | 573188 |
| 5,600,000 MXN | Mexican Bonos | 8.00% | 02/21/2036 | 272362 |
|  |  |  |  | 1173144 |
| **PERU - 4.0%** |  |  |  |  |
| 1,670,000 PEN | Peru Government Bond | 5.40% | 08/12/2034 | 444804 |
| 350,000 PEN | Peruvian Government International Bond | 6.90% | 08/12/2037 | 100453 |
|  |  |  |  | 545257 |
| **PHILIPPINES - 0.6%** |  |  |  |  |
| 4,500,000 PHP | Philippine Government Bond | 6.88% | 01/10/2029 | 82611 |
| **POLAND - 6.5%** |  |  |  |  |
| 1,575,000 PLN | Republic of Poland Government Bond | 1.75% | 04/25/2032 | 352688 |
| 2,000,000 PLN | Republic of Poland Government Bond | 5.00% | 10/25/2034 | 538294 |
|  |  |  |  | 890982 |
| **ROMANIA - 4.7%** |  |  |  |  |
| 1,660,000 RON | Romania Government Bond | 6.30% | 04/26/2028 | 375866 |
| 1,100,000 RON | Romania Government Bond | 8.00% | 04/29/2030 | 261872 |
|  |  |  |  | 637738 |
| **SOUTH AFRICA - 10.2%** | **SOUTH AFRICA - 10.2%** |  |  |  |
| 14,460,000 ZAR | Republic of South Africa Government Bond | 8.88% | 02/28/2035 | 764680 |
| 12,820,000 ZAR | Republic of South Africa Government Bond | 8.50% | 01/31/2037 | 631278 |
|  |  |  |  | 1395958 |
| **THAILAND - 4.8%** |  |  |  |  |
| 6,150,000 THB | Thailand Government Bond | 3.85% | 12/12/2025 | 191157 |
| 6,250,000 THB | Thailand Government Bond | 3.35% | 06/17/2033 | 217683 |
| 8,000,000 THB | Thailand Government Bond | 1.59% | 12/17/2035 | 246200 |
|  |  |  |  | 655040 |
|  | **Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $10,259,082)** |  |  | **10272790** |
| **SHORT TERM INVESTMENTS - 2.5%** | **SHORT TERM INVESTMENTS - 2.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112,169 USD | BlackRock Liquidity FedFund - Institutional | 4.24 %<sup>(b)</sup> |  | 112169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112,201 USD | Fidelity Government Portfolio - Institutional | 4.24 %<sup>(b)</sup> |  | 112201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112,288 USD | MSILF Government Portfolio - Institutional | 4.24 %<sup>(b)</sup> |  | 112288 |
|  | **Total Short Term Investments (Cost $336,658)** |  |  | **336658** |
|  | **Total Investments - 98.0% (Cost $13,477,046)** |  |  | **13356507** |
|  | **Other Assets in Excess of Liabilities - 2.0%** |  |  | **273115** |
|  | **NET ASSETS - 100.0%** |  |  | $**13629622** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN as a % of Net Assets:** | |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 75.4% |
| Foreign Corporate Bonds | 20.1% |
| Short Term Investments | 2.5% |
| Other Assets and Liabilities | 2.0% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **INVESTMENT BREAKDOWN as a % of Net Assets:** | |
| Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 75.4% |
| Finance | 16.3% |
| Short Term Investments | 2.5% |
| Telecommunications | 1.8% |
| Utilities | 1.4% |
| Transportation | 0.6% |
| Other Assets and Liabilities | 2.0% |
| Net Assets | 100.0% |

---

---

| | |
|:---|:---|
| **COUNTRY BREAKDOWN as a % of Net Assets:** | |
| Mexico | 13.0% |
| Indonesia | 12.1% |
| Brazil | 10.4% |
| South Africa | 10.2% |
| India | 8.3% |
| Poland | 6.5% |
| Thailand | 4.8% |
| Romania | 4.7% |
| China | 4.4% |
| Peru | 4.0% |
| Czech Republic | 3.6% |
| Colombia | 3.5% |
| Hungary | 3.4% |
| Malaysia | 3.4% |
| United States | 2.5% |
| Israel | 1.9% |
| Chile | 0.7% |
| Philippines | 0.6% |
| Other Assets and Liabilities | 2.0% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $665,062 or 4.9% of the Fund's net assets.** 

**(b)** **Seven-day yield as of period end.** 

---

| | |
|:---|:---|
| **BRL** | **Brazilian Real** |
| **CLP** | **Chilean Peso** |
| **CNY** | **Chinese Yuan Renminbi** |
| **COP** | **Colombian Peso** |
| **CZK** | **Czech Republic Koruna** |
| **HUF** | **Hungarian Forint** |
| **IDR** | **Indonesian Rupiah** |
| **ILS** | **Israeli Shekel** |
| **INR** | **Indian Rupee** |
| **MXN** | **Mexican Peso** |
| **MYR** | **Malaysian Ringgit** |
| **PEN** | **Peruvian Sol** |
| **PHP** | **Philippine Peso** |
| **PLN** | **Polish Zloty** |
| **RON** | **Romanian Leu** |
| **THB** | **Thai Baht** |
| **USD** | **United States Dollar** |
| **ZAR** | **South African Rand** |

---

---

| | |
|:---|:---|
| **DoubleLine Income Fund** | (Unaudited) |
| **Schedule of Investments** | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **ASSET BACKED OBLIGATIONS - 8.9%** | **ASSET BACKED OBLIGATIONS - 8.9%** |  |  |  |
|  | Affirm, Inc. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2023-B-D | 8.78 %<sup>(a)</sup> | 09/15/2028 | 503309 |
|  | ALTDE Trust |  |  |  |
| 979372 | &nbsp;&nbsp;Series 2025-1A-B | 6.53 %<sup>(a)</sup> | 08/15/2050 | 980263 |
|  | APL Finance DAC |  |  |  |
| 548000 | &nbsp;&nbsp;Series 2023-1A-C | 8.50 %<sup>(a)</sup> | 07/21/2031 | 559926 |
|  | Apollo Aviation Securitization Equity Trust |  |  |  |
| 478581 | &nbsp;&nbsp;Series 2024-1A-B | 6.90 %<sup>(a)</sup> | 05/16/2049 | 485420 |
| 474192 | &nbsp;&nbsp;Series 2024-2A-B | 6.61 %<sup>(a)</sup> | 09/16/2049 | 492431 |
| 487753 | &nbsp;&nbsp;Series 2025-1A-B | 6.58 %<sup>(a)</sup> | 02/16/2050 | 498066 |
|  | Compass Datacenters LLC |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2024-1A-B | 7.00 %<sup>(a)</sup> | 02/25/2049 | 514373 |
|  | DigitalBridge Group, Inc. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2023-1A-B | 5.75 %<sup>(a)</sup> | 09/15/2048 | 499937 |
|  | Hardee's Funding |  |  |  |
| 493750 | &nbsp;&nbsp;Series 2024-1A-A2 | 7.25 %<sup>(a)</sup> | 03/20/2054 | 510361 |
|  | Helios Issuer LLC |  |  |  |
| 555001 | &nbsp;&nbsp;Series 2019-AA-B | 4.49 %<sup>(a)</sup> | 06/20/2046 | 490389 |
|  | Hotwire Funding LLC |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2021-1-B | 2.66 %<sup>(a)</sup> | 11/20/2051 | 964758 |
|  | Lunar Structured Aircraft Portfolio Notes |  |  |  |
| 511802 | &nbsp;&nbsp;Series 2021-1-C | 5.68 %<sup>(a)</sup> | 10/15/2046 | 496244 |
|  | MAPS Ltd. |  |  |  |
| 9471 | &nbsp;&nbsp;Series 2021-1A-C | 5.44 %<sup>(a)</sup> | 06/15/2046 | 9276 |
|  | Marlette Funding Trust |  |  |  |
| 386315 | &nbsp;&nbsp;Series 2022-3A-C | 6.89 %<sup>(a)</sup> | 11/15/2032 | 387669 |
|  | SSI ABS Issuer LLC |  |  |  |
| 250000 | &nbsp;&nbsp;Series 2025-1-A | 6.15 %<sup>(a)</sup> | 07/25/2065 | 250876 |
|  | Start Ltd./Bermuda |  |  |  |
| 131169 | &nbsp;&nbsp;Series 2019-1-C | 6.41 %<sup>(a)</sup> | 03/15/2044 | 130503 |
|  | Switch ABS Issuer LLC |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2024-1A-B | 6.50 %<sup>(a)</sup> | 03/25/2054 | 506091 |
| 750000 | &nbsp;&nbsp;Series 2024-2A-C | 10.03 %<sup>(a)</sup> | 06/25/2054 | 778215 |
|  | Uniti Group LP |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2025-1A-B | 6.37 %<sup>(a)</sup> | 04/20/2055 | 510483 |
|  | Upstart Securitization Trust |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2025-2-C | 6.02 %<sup>(a)</sup> | 06/20/2035 | 505051 |
|  | Willis Lease Finance Corp. |  |  |  |
| 261010 | &nbsp;&nbsp;Series 2020-A-C | 6.66 %<sup>(a)</sup> | 03/15/2045 | 256144 |
|  | **Total Asset Backed Obligations (Cost $10,112,893)** | **Total Asset Backed Obligations (Cost $10,112,893)** | **Total Asset Backed Obligations (Cost $10,112,893)** | **10329785** |
| **COLLATERALIZED LOAN OBLIGATIONS - 16.0%** | **COLLATERALIZED LOAN OBLIGATIONS - 16.0%** |  |  |  |
|  | Anthelion Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2025-1A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor) | 0.00 %<sup>(a)</sup> | 07/20/2036 | 498750 |
|  | Bain Capital Credit CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2024-1A-D1 (3 mo. Term SOFR + 3.85%, 3.85% Floor) | 8.11 %<sup>(a)</sup> | 04/16/2037 | 507615 |
|  | Battalion CLO Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2021-21A-B (3 mo. Term SOFR + 2.01%, 1.75% Floor) | 6.27 %<sup>(a)</sup> | 07/15/2034 | 1003502 |
|  | Benefit Street Partners Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2025-41A-A (3 mo. Term SOFR + 1.30%, 1.30% Floor) | 0.00 %<sup>(a)</sup> | 07/25/2038 | 1000000 |
|  | Canyon Capital CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2021-1A-E (3 mo. Term SOFR + 6.67%, 6.41% Floor) | 10.93 %<sup>(a)</sup> | 04/15/2034 | 503914 |
|  | Canyon CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2021-3A-E (3 mo. Term SOFR + 6.46%, 6.20% Floor) | 10.72 %<sup>(a)</sup> | 07/15/2034 | 499482 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | Carlyle Global Market Strategies |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2018-4A-D1R (3 mo. Term SOFR + 3.10%, 3.10% Floor) | 7.38 %<sup>(a)</sup> | 10/17/2037 | 502951 |
| 500000 | &nbsp;&nbsp;Series 2024-2A-D (3 mo. Term SOFR + 3.85%, 3.85% Floor) | 8.13 %<sup>(a)</sup> | 04/25/2037 | 507618 |
|  | CarVal CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2024-1A-B (3 mo. Term SOFR + 2.10%, 2.10% Floor) | 6.37 %<sup>(a)</sup> | 04/20/2037 | 504089 |
| 1000000 | &nbsp;&nbsp;Series 2024-1A-D (3 mo. Term SOFR + 3.90%, 3.90% Floor) | 8.17 %<sup>(a)</sup> | 04/20/2037 | 995830 |
|  | Clover CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2018-1A-A1RR (3 mo. Term SOFR + 1.53%, 1.53% Floor) | 5.80 %<sup>(a)</sup> | 04/20/2037 | 502009 |
|  | Elmwood CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2024-4A-E (3 mo. Term SOFR + 6.00%, 6.00% Floor) | 10.28 %<sup>(a)</sup> | 04/17/2037 | 509333 |
|  | Empower CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2024-1A-D1 (3 mo. Term SOFR + 3.75%, 3.75% Floor) | 8.03 %<sup>(a)</sup> | 04/25/2037 | 505796 |
|  | Goldentree Loan Opportunities Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2022-14A-DR (3 mo. Term SOFR + 3.00%, 3.00% Floor) | 7.27 %<sup>(a)</sup> | 07/20/2037 | 1002640 |
| 500000 | &nbsp;&nbsp;Series 2024-19A-D (3 mo. Term SOFR + 3.40%, 3.40% Floor) | 7.67 %<sup>(a)</sup> | 04/20/2037 | 506335 |
|  | Harvest US CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2024-1A-D (3 mo. Term SOFR + 4.50%, 4.50% Floor) | 8.77 %<sup>(a)</sup> | 04/18/2037 | 506002 |
|  | Katayma CLO Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2023-1A-D (3 mo. Term SOFR + 5.25%, 5.25% Floor) | 9.52 %<sup>(a)</sup> | 10/20/2036 | 1004405 |
| 500000 | &nbsp;&nbsp;Series 2024-2A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor) | 5.92 %<sup>(a)</sup> | 04/20/2037 | 502586 |
| 500000 | &nbsp;&nbsp;Series 2024-2A-D (3 mo. Term SOFR + 4.50%, 4.50% Floor) | 8.77 %<sup>(a)</sup> | 04/20/2037 | 508401 |
|  | MidOcean Credit CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2018-9A-D (3 mo. Term SOFR + 3.56%, 3.30% Floor) | 7.83 %<sup>(a)</sup> | 07/20/2031 | 501706 |
|  | Octagon Investment Partners Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2021-1A-E (3 mo. Term SOFR + 6.76%, 6.50% Floor) | 11.02 %<sup>(a)</sup> | 04/15/2034 | 474252 |
|  | Point Au Roche Park CLO |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2021-1A-E (3 mo. Term SOFR + 6.36%, 6.10% Floor) | 10.63 %<sup>(a)</sup> | 07/20/2034 | 495948 |
|  | Rockford Tower CLO Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2024-1A-A1 (3 mo. Term SOFR + 1.61%, 1.61% Floor) | 5.88 %<sup>(a)</sup> | 04/20/2037 | 1004330 |
|  | RR Ltd./Cayman Islands |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2017-2A-DR (3 mo. Term SOFR + 6.06%, 5.80% Floor) | 10.32 %<sup>(a)</sup> | 04/15/2036 | 971570 |
|  | Sound Point CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2019-3A-DR (3 mo. Term SOFR + 3.76%, 3.76% Floor) | 8.04 %<sup>(a)</sup> | 10/25/2034 | 490167 |
| 1000000 | &nbsp;&nbsp;Series 2020-1A-ER (3 mo. Term SOFR + 7.12%, 7.12% Floor) | 11.39 %<sup>(a)</sup> | 07/20/2034 | 956796 |
| 500000 | &nbsp;&nbsp;Series 2021-3A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor) | 7.79 %<sup>(a)</sup> | 10/25/2034 | 485360 |
|  | Wellfleet CLO Ltd. |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2019-1A-CR (3 mo. Term SOFR + 3.81%, 3.55% Floor) | 8.08 %<sup>(a)</sup> | 07/20/2032 | 503260 |
| 500000 | &nbsp;&nbsp;Series 2021-3A-D (3 mo. Term SOFR + 3.76%, 3.50% Floor) | 8.02 %<sup>(a)</sup> | 01/15/2035 | 501446 |
|  | Total Collateralized Loan Obligations (Cost $18,428,455) |  |  | **18456093** |
| **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 21.3%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 21.3%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 21.3%** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 21.3%** |  |
|  | 280 Park Avenue Mortgage Trust |  |  |  |
| 250000 | &nbsp;&nbsp;Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor) | 5.49 %<sup>(a)</sup> | 09/15/2034 | 247798 |
|  | ACREC Trust |  |  |  |
| 300000 | &nbsp;&nbsp;Series 2023-FL2-B (1 mo. Term SOFR + 3.48%, 3.48% Floor) | 7.79 %<sup>(a)</sup> | 02/19/2038 | 301957 |
|  | Arbor Realty Trust, Inc. |  |  |  |
| 206363 | &nbsp;&nbsp;Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor) | 5.75 %<sup>(a)</sup> | 01/15/2037 | 206650 |
|  | AREIT Trust |  |  |  |
| 244856 | &nbsp;&nbsp;Series 2023-CRE8-A (1 mo. Term SOFR + 2.11%, 2.11% Floor) | 6.43 %<sup>(a)</sup> | 08/17/2041 | 246328 |
|  | BANK |  |  |  |
| 350000 | &nbsp;&nbsp;Series 2019-BN19-A2 | 2.93% | 08/15/2061 | 330688 |
| 350000 | &nbsp;&nbsp;Series 2021-BN34-ASB | 2.19% | 06/15/2063 | 325460 |
|  | BANK5 Trust |  |  |  |
| 350000 | &nbsp;&nbsp;Series 2024-5YR9-C | 6.42 %<sup>(c)</sup> | 08/15/2057 | 359431 |
| 190000 | &nbsp;&nbsp;Series 2025-5YR15-D | 4.00 %<sup>(a)</sup> | 07/15/2030 | 161702 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | BBCMS Trust |  |  |  |
| 11256342 | &nbsp;&nbsp;Series 2024-5C27-XA | 1.04 %<sup>(a)(c)(d)</sup> | 07/15/2057 | 320378 |
| 3179000 | &nbsp;&nbsp;Series 2025-C32-XD | 2.54 %<sup>(a)(c)(d)</sup> | 02/15/2062 | 541462 |
|  | Benchmark Mortgage Trust |  |  |  |
| 375000 | &nbsp;&nbsp;Series 2019-B13-A3 | 2.70% | 08/15/2057 | 350500 |
| 5651768 | &nbsp;&nbsp;Series 2020-B22-XA | 1.62 %<sup>(c)(d)</sup> | 01/15/2054 | 371512 |
| 350000 | &nbsp;&nbsp;Series 2024-V9-A3 | 5.60% | 08/15/2057 | 362185 |
|  | BMO Mortgage Trust |  |  |  |
| 250000 | &nbsp;&nbsp;Series 2024-5C6-A3 | 5.32% | 09/15/2057 | 256138 |
| 250000 | &nbsp;&nbsp;Series 2025-5C11-D | 4.50 %<sup>(a)</sup> | 07/15/2058 | 218530 |
| 7582000 | &nbsp;&nbsp;Series 2025-5C11-XA | 1.11 %<sup>(c)(d)</sup> | 07/15/2058 | 374756 |
|  | BrightSpire Capital, Inc. |  |  |  |
| 94937 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 08/19/2038 | 94143 |
|  | BSPRT Co.-Issuer LLC |  |  |  |
| 250000 | &nbsp;&nbsp;Series 2023-FL10-B (1 mo. Term SOFR + 3.27%, 3.27% Floor) | 7.58 %<sup>(a)</sup> | 09/15/2035 | 251333 |
|  | BX Trust |  |  |  |
| 119007 | &nbsp;&nbsp;Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor) | 5.16 %<sup>(a)</sup> | 10/15/2036 | 119003 |
| 300000 | &nbsp;&nbsp;Series 2021-ARIA-C (1 mo. Term SOFR + 1.76%, 1.65% Floor) | 6.07 %<sup>(a)</sup> | 10/15/2036 | 299738 |
| 80803 | &nbsp;&nbsp;Series 2021-BXMF-C (1 mo. Term SOFR + 1.31%, 1.19% Floor) | 5.62 %<sup>(a)</sup> | 10/15/2026 | 80737 |
| 250000 | &nbsp;&nbsp;Series 2021-LGCY-B (1 mo. Term SOFR + 0.97%, 0.86% Floor) | 5.28 %<sup>(a)</sup> | 10/15/2036 | 249465 |
| 245000 | &nbsp;&nbsp;Series 2021-MFM1-D (1 mo. Term SOFR + 1.61%, 1.50% Floor) | 5.93 %<sup>(a)</sup> | 01/15/2034 | 244978 |
| 211332 | &nbsp;&nbsp;Series 2021-RISE-D (1 mo. Term SOFR + 1.86%, 1.75% Floor) | 6.18 %<sup>(a)</sup> | 11/15/2036 | 210945 |
| 59498 | &nbsp;&nbsp;Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor) | 5.11 %<sup>(a)</sup> | 10/15/2038 | 59507 |
| 252000 | &nbsp;&nbsp;Series 2021-XL2-D (1 mo. Term SOFR + 1.51%, 1.40% Floor) | 5.82 %<sup>(a)</sup> | 10/15/2038 | 252050 |
| 137728 | &nbsp;&nbsp;Series 2022-LP2-A (1 mo. Term SOFR + 1.01%, 1.01% Floor) | 5.32 %<sup>(a)</sup> | 02/15/2039 | 137730 |
| 280000 | &nbsp;&nbsp;Series 2025-ROIC-C (1 mo. Term SOFR + 1.54%, 1.54% Floor) | 5.86 %<sup>(a)</sup> | 03/15/2030 | 278044 |
|  | CEDR Commercial Mortgage Trust |  |  |  |
| 350000 | &nbsp;&nbsp;Series 2022-SNAI-A (1 mo. Term SOFR + 0.99%, 0.99% Floor) | 5.30 %<sup>(a)</sup> | 02/15/2039 | 340851 |
|  | CENT Trust |  |  |  |
| 250000 | &nbsp;&nbsp;Series 2023-CITY-A (1 mo. Term SOFR + 2.62%, 2.62% Floor) | 6.93 %<sup>(a)</sup> | 09/15/2038 | 250761 |
|  | Commercial Mortgage Pass Through Certificates |  |  |  |
| 350000 | &nbsp;&nbsp;Series 2014-CR14-C | 3.79 %<sup>(c)</sup> | 02/10/2047 | 332720 |
| 500000 | &nbsp;&nbsp;Series 2016-DC2-B | 4.84 %<sup>(c)</sup> | 02/10/2049 | 493597 |
|  | Computershare Corporate Trust |  |  |  |
| 403043 | &nbsp;&nbsp;Series 2015-LC22-A4 | 3.84% | 09/15/2058 | 401853 |
| 489610 | &nbsp;&nbsp;Series 2019-C50-A4 | 3.47% | 05/15/2052 | 473520 |
| 2050000 | &nbsp;&nbsp;Series 2024-C63-XD | 2.51 %<sup>(a)(c)(d)</sup> | 08/15/2057 | 330830 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 286098 | &nbsp;&nbsp;Series 2017-PFHP-A (1 mo. Term SOFR + 1.00%, 0.95% Floor) | 5.31 %<sup>(a)</sup> | 12/15/2030 | 285361 |
| 139000 | &nbsp;&nbsp;Series 2021-B33-A2 | 3.17 %<sup>(a)</sup> | 10/10/2043 | 122033 |
|  | CSAIL Commercial Mortgage Trust |  |  |  |
| 367924 | &nbsp;&nbsp;Series 2017-CX9-A4 | 3.18% | 09/15/2050 | 360758 |
|  | ELP Commercial Mortgage Trust |  |  |  |
| 249709 | &nbsp;&nbsp;Series 2021-ELP-C (1 mo. Term SOFR + 1.43%, 1.32% Floor) | 5.75 %<sup>(a)</sup> | 11/15/2038 | 249522 |
|  | Extended Stay America Trust |  |  |  |
| 428864 | &nbsp;&nbsp;Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor) | 5.51 %<sup>(a)</sup> | 07/15/2038 | 429242 |
|  | FS Rialto |  |  |  |
| 189203 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor) | 5.65 %<sup>(a)</sup> | 05/16/2038 | 188091 |
|  | FS RIALTO |  |  |  |
| 284513 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor) | 5.68 %<sup>(a)</sup> | 11/16/2036 | 284372 |
|  | Granite Point Mortgage Trust, Inc. |  |  |  |
| 300000 | &nbsp;&nbsp;Series 2021-FL4-B (1 mo. Term SOFR + 2.06%, 1.95% Floor) | 6.38 %<sup>(a)</sup> | 12/15/2036 | 292699 |
|  | Greystone Commercial Real Estate Notes |  |  |  |
| 138308 | &nbsp;&nbsp;Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor) | 5.45 %<sup>(a)</sup> | 07/15/2039 | 138530 |
| 380000 | &nbsp;&nbsp;Series 2021-FL3-D (1 mo. Term SOFR + 2.31%, 2.20% Floor) | 6.63 %<sup>(a)</sup> | 07/15/2039 | 377907 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | GS Mortgage Securities Corp. II |  |  |  |
| 278603 | &nbsp;&nbsp;Series 2010-C1-C | 5.64 %<sup>(a)(c)</sup> | 08/10/2043 | 276876 |
| 375000 | &nbsp;&nbsp;Series 2013-GC13-B | 4.01 %<sup>(a)(c)</sup> | 07/10/2046 | 363510 |
| 125000 | &nbsp;&nbsp;Series 2021-IP-C (1 mo. Term SOFR + 1.66%, 1.55% Floor) | 5.98 %<sup>(a)</sup> | 10/15/2036 | 124306 |
| 125000 | &nbsp;&nbsp;Series 2021-STAR-D (1 mo. Term SOFR + 2.01%, 1.90% Floor) | 6.33 %<sup>(a)</sup> | 12/15/2036 | 123864 |
|  | HGI CRE CLO Ltd. |  |  |  |
| 340000 | &nbsp;&nbsp;Series 2021-FL1-C (1 mo. Term SOFR + 1.81%, 1.81% Floor) | 6.13 %<sup>(a)</sup> | 06/16/2036 | 340355 |
| 290000 | &nbsp;&nbsp;Series 2021-FL2-D (1 mo. Term SOFR + 2.26%, 2.26% Floor) | 6.58 %<sup>(a)</sup> | 09/17/2036 | 289658 |
|  | JP Morgan Chase Commercial Mortgage Securities |  |  |  |
| 420000 | &nbsp;&nbsp;Series 2015-JP1-AS | 4.12 %<sup>(c)</sup> | 01/15/2049 | 411915 |
| 1000000 | &nbsp;&nbsp;Series 2019-UES-G | 4.60 %<sup>(a)(c)</sup> | 05/05/2032 | 912141 |
|  | JPMBB Commercial Mortgage Securities Trust |  |  |  |
| 133520 | &nbsp;&nbsp;Series 2014-C21-C | 4.71 %<sup>(c)</sup> | 08/15/2047 | 131575 |
| 300000 | &nbsp;&nbsp;Series 2014-C23-UH5 | 4.71 %<sup>(a)</sup> | 09/15/2047 | 298930 |
| 8727 | &nbsp;&nbsp;Series 2015-C27-A4 | 3.18% | 02/15/2048 | 8454 |
| 87954 | &nbsp;&nbsp;Series 2015-C31-A3 | 3.80% | 08/15/2048 | 87763 |
| 250000 | &nbsp;&nbsp;Series 2015-C33-AS | 4.02% | 12/15/2048 | 246641 |
|  | KREF |  |  |  |
| 297842 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor) | 5.50 %<sup>(a)</sup> | 02/15/2039 | 297741 |
|  | LoanCore |  |  |  |
| 300000 | &nbsp;&nbsp;Series 2021-CRE5-AS (1 mo. Term SOFR + 1.86%, 1.86% Floor) | 6.18 %<sup>(a)</sup> | 07/15/2036 | 299381 |
| 126055 | &nbsp;&nbsp;Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor) | 5.73 %<sup>(a)</sup> | 11/15/2038 | 126492 |
|  | Lument Finance Trust, Inc. |  |  |  |
| 153555 | &nbsp;&nbsp;Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor) | 5.60 %<sup>(a)</sup> | 06/15/2039 | 153900 |
| 300000 | &nbsp;&nbsp;Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor) | 6.18 %<sup>(a)</sup> | 06/15/2039 | 299816 |
|  | MF1 Multifamily Housing Mortgage Loan Trust |  |  |  |
| 99917 | &nbsp;&nbsp;Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor) | 5.53 %<sup>(a)</sup> | 07/16/2036 | 99990 |
| 250000 | &nbsp;&nbsp;Series 2021-FL7-B (1 mo. Term SOFR + 1.86%, 1.75% Floor) | 6.18 %<sup>(a)</sup> | 10/16/2036 | 248051 |
| 310000 | &nbsp;&nbsp;Series 2021-FL7-C (1 mo. Term SOFR + 2.16%, 2.05% Floor) | 6.48 %<sup>(a)</sup> | 10/16/2036 | 305277 |
| 283091 | &nbsp;&nbsp;Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor) | 6.47 %<sup>(a)</sup> | 06/19/2037 | 283889 |
| 300000 | &nbsp;&nbsp;Series 2024-FL14-A (1 mo. Term SOFR + 1.74%, 1.74% Floor) | 6.05 %<sup>(a)</sup> | 03/19/2039 | 301331 |
| 250000 | &nbsp;&nbsp;Series 2024-FL15-B (1 mo. Term SOFR + 2.49%, 2.49% Floor) | 6.81 %<sup>(a)</sup> | 08/18/2041 | 251125 |
|  | MHC Commercial Mortgage Trust |  |  |  |
| 44421 | &nbsp;&nbsp;Series 2021-MHC-A (1 mo. Term SOFR + 0.92%, 0.80% Floor) | 5.23 %<sup>(a)</sup> | 04/15/2038 | 44439 |
|  | Morgan Stanley Capital I, Inc. |  |  |  |
| 300000 | &nbsp;&nbsp;Series 2016-UB11-AS | 2.98% | 08/15/2049 | 292759 |
|  | PFP III Ltd. |  |  |  |
| 298659 | &nbsp;&nbsp;Series 2024-11-B (1 mo. Term SOFR + 2.49%, 2.49% Floor) | 6.80 %<sup>(a)</sup> | 09/17/2039 | 299298 |
|  | Ready Capital Corp. |  |  |  |
| 168075 | &nbsp;&nbsp;Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 11/25/2036 | 168572 |
| 450000 | &nbsp;&nbsp;Series 2023-FL11-B (1 mo. Term SOFR + 3.53%, 3.53% Floor) | 7.85 %<sup>(a)</sup> | 10/25/2039 | 451620 |
| 22368 | &nbsp;&nbsp;Series 2023-FL12-A (1 mo. Term SOFR + 2.34%, 2.34% Floor) | 6.65 %<sup>(a)</sup> | 05/25/2038 | 22449 |
|  | ROCK Trust |  |  |  |
| 100000 | &nbsp;&nbsp;Series 2024-CNTR-D | 7.11 %<sup>(a)</sup> | 11/13/2041 | 104647 |
|  | SFO Commercial Mortgage Trust |  |  |  |
| 250000 | &nbsp;&nbsp;Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor) | 5.58 %<sup>(a)</sup> | 05/15/2038 | 249040 |
|  | SREIT Trust |  |  |  |
| 500000 | &nbsp;&nbsp;Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor) | 5.25 %<sup>(a)</sup> | 11/15/2036 | 499851 |
|  | Starwood Property Trust, Inc. |  |  |  |
| 115046 | &nbsp;&nbsp;Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) | 5.63 %<sup>(a)</sup> | 04/18/2038 | 114576 |
| 225339 | &nbsp;&nbsp;Series 2022-FL3-A (30 day avg SOFR US + 1.35%, 1.35% Floor) | 5.65 %<sup>(a)</sup> | 11/15/2038 | 225316 |
| 370000 | &nbsp;&nbsp;Series 2022-FL3-AS (30 day avg SOFR US + 1.80%, 1.80% Floor) | 6.10 %<sup>(a)</sup> | 11/15/2038 | 365975 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
| 400000 | &nbsp;&nbsp;Series 2022-FL3-B (30 day avg SOFR US + 1.95%, 1.95% Floor) |  | 6.25 %<sup>(a)</sup> | 11/15/2038 | 393469 |
|  | STWD Trust |  |  |  |  |
| 200000 | &nbsp;&nbsp;Series 2021-FLWR-D (1 mo. Term SOFR + 1.49%, 1.38% Floor) |  | 5.80 %<sup>(a)</sup> | 07/15/2036 | 199831 |
|  | TPG Real Estate Finance Issuer Ltd. |  |  |  |  |
| 126430 | &nbsp;&nbsp;Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor) |  | 5.63 %<sup>(a)</sup> | 03/15/2038 | 126424 |
| 300000 | &nbsp;&nbsp;Series 2021-FL4-B (1 mo. Term SOFR + 1.96%, 1.85% Floor) |  | 6.28 %<sup>(a)</sup> | 03/15/2038 | 299822 |
| 250000 | &nbsp;&nbsp;Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor) |  | 6.46 %<sup>(a)</sup> | 02/15/2039 | 249710 |
|  | UBS Commercial Mortgage Trust |  |  |  |  |
| 422000 | &nbsp;&nbsp;Series 2018-C13-B |  | 4.79 %<sup>(c)</sup> | 10/15/2051 | 399725 |
|  | VEGAS Trust |  |  |  |  |
| 175000 | &nbsp;&nbsp;Series 2024-TI-A |  | 5.52 %<sup>(a)</sup> | 11/10/2039 | 177456 |
|  | VMC Finance LLC |  |  |  |  |
| 246398 | &nbsp;&nbsp;Series 2021-FL4-B (1 mo. Term SOFR + 1.91%, 1.91% Floor) |  | 6.23 %<sup>(a)</sup> | 06/16/2036 | 243400 |
|  | Wells Fargo Commercial Mortgage Trust |  |  |  |  |
| 10373310 | &nbsp;&nbsp;Series 2025-5C3-XA |  | 1.05 %<sup>(c)(d)</sup> | 01/15/2058 | 345516 |
| 280000 | &nbsp;&nbsp;Series 2025-VTT-C |  | 6.03 %<sup>(a)(c)</sup> | 03/15/2038 | 282429 |
|  | WHARF Trust |  |  |  |  |
| 190000 | &nbsp;&nbsp;Series 2025-DC-A |  | 5.35 %<sup>(a)(c)</sup> | 07/15/2040 | 193948 |
|  | Total Non-Agency Commercial Mortgage Backed Obligations (Cost $24,582,811) |  |  |  | **24639048** |
| **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 26.6%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 26.6%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 26.6%** |  |  |  |
|  | Connecticut Avenue Securities Trust |  |  |  |  |
| 1500000 | &nbsp;&nbsp;Series 2024-R05-2M2 (30 day avg SOFR US + 1.70%, 0.00% Floor) |  | 6.01 %<sup>(a)</sup> | 07/25/2044 | 1507623 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |  |
| 1372000 | &nbsp;&nbsp;Series 2021-NQM4-B2 |  | 4.18 %<sup>(a)(c)</sup> | 05/25/2066 | 1051956 |
|  | Cross Mortgage Trust |  |  |  |  |
| 769464 | &nbsp;&nbsp;Series 2024-H1-A1 |  | 6.09 %<sup>(a)(e)</sup> | 12/25/2068 | 774679 |
|  | Ellington Financial Mortgage Trust |  |  |  |  |
| 1250000 | &nbsp;&nbsp;Series 2025-NQM2-A3 |  | 5.95 %<sup>(a)(c)</sup> | 06/25/2070 | 1266496 |
| 1250000 | &nbsp;&nbsp;Series 2025-NQM2-M1A |  | 6.27 %<sup>(a)(c)</sup> | 06/25/2070 | 1265990 |
|  | Fannie Mae Connecticut Avenue Securities |  |  |  |  |
| 1300000 | &nbsp;&nbsp;Series 2022-R01-1M2 (30 day avg SOFR US + 1.90%, 0.00% Floor) |  | 6.21 %<sup>(a)</sup> | 12/25/2041 | 1311343 |
| 1250000 | &nbsp;&nbsp;Series 2023-R01-1M2 (30 day avg SOFR US + 3.75%, 0.00% Floor) |  | 8.06 %<sup>(a)</sup> | 12/25/2042 | 1319851 |
| 1300000 | &nbsp;&nbsp;Series 2024-R01-1M2 (30 day avg SOFR US + 1.80%, 0.00% Floor) |  | 6.11 %<sup>(a)</sup> | 01/25/2044 | 1315690 |
| 1000000 | &nbsp;&nbsp;Series 2024-R02-1B1 (30 day avg SOFR US + 2.50%, 0.00% Floor) |  | 6.81 %<sup>(a)</sup> | 02/25/2044 | 1019249 |
| 1200000 | &nbsp;&nbsp;Series 2024-R03-2M2 (30 day avg SOFR US + 1.95%, 0.00% Floor) |  | 6.26 %<sup>(a)</sup> | 03/25/2044 | 1211629 |
| 1250000 | &nbsp;&nbsp;Series 2024-R04-1B1 (30 day avg SOFR US + 2.20%, 0.00% Floor) |  | 6.51 %<sup>(a)</sup> | 05/25/2044 | 1267845 |
|  | Freddie Mac Structured Agency Credit Risk Debt Notes |  |  |  |  |
| 1200000 | &nbsp;&nbsp;Series 2024-DNA1-M2 (30 day avg SOFR US + 1.95%, 0.00% Floor) |  | 6.26 %<sup>(a)</sup> | 02/25/2044 | 1218865 |
|  | Onslow Bay Mortgage Loan Trust |  |  |  |  |
| 772430 | &nbsp;&nbsp;Series 2024-NQM10-A1 |  | 6.18 %<sup>(a)(e)</sup> | 05/25/2064 | 779593 |
|  | Pretium Mortgage Credit Partners LLC |  |  |  |  |
| 1102420 | &nbsp;&nbsp;Series 2024-NPL4-A1 |  | 7.00 %<sup>(a)(e)</sup> | 07/25/2054 | 1104972 |
| 1162268 | &nbsp;&nbsp;Series 2025-NPL2-A1 |  | 5.84 %<sup>(a)(e)</sup> | 03/25/2055 | 1158763 |
|  | Progress Residential Trust |  |  |  |  |
| 1200000 | &nbsp;&nbsp;Series 2024-SFR2-D |  | 3.40 %<sup>(a)(c)</sup> | 04/17/2041 | 1115194 |
|  | PRPM LLC |  |  |  |  |
| 1308902 | &nbsp;&nbsp;Series 2024-4-A1 |  | 6.41 %<sup>(a)(e)</sup> | 08/25/2029 | 1313168 |
| 1200000 | &nbsp;&nbsp;Series 2025-4-A1 |  | 6.18 %<sup>(a)(e)</sup> | 06/25/2030 | 1216242 |
|  | SGR Residential Mortgage Trust |  |  |  |  |
| 1250000 | &nbsp;&nbsp;Series 2021-1-B2 |  | 4.30 %<sup>(a)(c)</sup> | 07/25/2061 | 925590 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | VCAT Asset Securitization LLC |  |  |  |
| 1651653 | &nbsp;&nbsp;Series 2025-NPL1-A1 | 5.88 %<sup>(a)(e)</sup> | 01/25/2055 | 1656092 |
|  | Velocity Commercial Capital Loan Trust |  |  |  |
| 143845 | &nbsp;&nbsp;Series 2019-1-M4 | 4.61 %<sup>(a)(c)</sup> | 03/25/2049 | 122713 |
| 80290 | &nbsp;&nbsp;Series 2019-1-M5 | 5.70 %<sup>(a)(c)</sup> | 03/25/2049 | 68299 |
| 127468 | &nbsp;&nbsp;Series 2019-1-M6 | 6.79 %<sup>(a)(c)</sup> | 03/25/2049 | 99104 |
|  | Vericrest Opportunity Loan Transferee |  |  |  |
| 1193395 | &nbsp;&nbsp;Series 2021-NPL5-A2 | 8.83 %<sup>(a)(b)(e)</sup> | 03/27/2051 | 1194064 |
|  | Verus Securitization Trust |  |  |  |
| 1400000 | &nbsp;&nbsp;Series 2020-5-B2 | 4.71 %<sup>(a)(c)</sup> | 05/25/2065 | 1316159 |
| 1500000 | &nbsp;&nbsp;Series 2021-3-B2 | 3.96 %<sup>(a)(c)</sup> | 06/25/2066 | 1083762 |
| 793574 | &nbsp;&nbsp;Series 2023-1-A1 | 5.85 %<sup>(a)(e)</sup> | 12/25/2067 | 793059 |
| 1000000 | &nbsp;&nbsp;Series 2024-1-M1 | 6.67 %<sup>(a)(c)</sup> | 01/25/2069 | 1008875 |
| 1250000 | &nbsp;&nbsp;Series 2024-6-M1 | 6.18 %<sup>(a)(c)</sup> | 07/25/2069 | 1256288 |
|  | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $31,597,954)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $31,597,954)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $31,597,954)** | **30743153** |
| **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 19.5%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 19.5%** | **US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 19.5%** |  |  |
|  | Federal Home Loan Mortgage Corp. |  |  |  |
| 1876679 | &nbsp;&nbsp;Pool SD6509 | 6.00% | 08/01/2054 | 1909713 |
| 2059568 | &nbsp;&nbsp;Pool SD6570 | 5.50% | 10/01/2054 | 2077637 |
| 19207000 | &nbsp;&nbsp;Series 2021-P010-X | 0.91 %<sup>(c)(d)</sup> | 10/25/2029 | 574808 |
| 1216485 | &nbsp;&nbsp;Series 413-F25 (30 day avg SOFR US + 1.15%, 1.15% Floor, 7.00% Cap) | 5.46% | 05/25/2054 | 1217592 |
| 1080446 | &nbsp;&nbsp;Series 5004-LS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap) | 1.73 %<sup>(d)(f)</sup> | 07/25/2050 | 150947 |
| 3660747 | &nbsp;&nbsp;Series 5112-SC (-1 x 30 day avg SOFR US + 2.50%, 0.00% Floor, 2.50% Cap) | 0.00 %<sup>(d)(f)</sup> | 06/25/2051 | 9814 |
| 3307468 | &nbsp;&nbsp;Series 5127-AI | 3.00 %<sup>(d)</sup> | 06/25/2051 | 575472 |
| 3514932 | &nbsp;&nbsp;Series 5166-DI | 3.00 %<sup>(d)</sup> | 09/15/2048 | 406741 |
|  | Federal National Mortgage Association |  |  |  |
| 3583251 | &nbsp;&nbsp;Series 2019-57-LF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap) | 4.92% | 10/25/2049 | 3469429 |
| 960452 | &nbsp;&nbsp;Series 2020-54-AS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap) | 1.73 %<sup>(d)(f)</sup> | 08/25/2050 | 123795 |
| 1165752 | &nbsp;&nbsp;Series 2020-77-S (-1 x 30 day avg SOFR US + 4.15%, 0.00% Floor, 4.15% Cap) | 0.00 %<sup>(d)(f)</sup> | 11/25/2050 | 57569 |
| 2064949 | &nbsp;&nbsp;Series 2020-77-SB (-1 x 30 day avg SOFR US + 4.10%, 0.00% Floor, 4.10% Cap) | 0.00 %<sup>(d)(f)</sup> | 11/25/2050 | 107022 |
| 3585500 | &nbsp;&nbsp;Series 2020-80-IB | 2.50 %<sup>(d)</sup> | 11/25/2050 | 579142 |
| 950772 | &nbsp;&nbsp;Series 2020-M10-X2 | 1.84 %<sup>(c)(d)</sup> | 12/25/2030 | 53950 |
| 3585804 | &nbsp;&nbsp;Series 2021-20-PI | 2.50 %<sup>(d)</sup> | 04/25/2051 | 574345 |
| 441922 | &nbsp;&nbsp;Series 2024-32-IO | 2.50 %<sup>(d)</sup> | 04/25/2051 | 67783 |
| 1487039 | &nbsp;&nbsp;Series 2025-18-FH (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap) | 5.71% | 08/25/2054 | 1491723 |
| 5461357 | &nbsp;&nbsp;Series 437-C2 | 1.50 %<sup>(d)</sup> | 03/25/2052 | 491919 |
|  | Government National Mortgage Association |  |  |  |
| 1150874 | &nbsp;&nbsp;Series 2015-124-AF (1 mo. Term SOFR + 0.36%, 0.25% Floor, 6.50% Cap) | 4.68% | 09/20/2045 | 1119893 |
| 2002664 | &nbsp;&nbsp;Series 2020-138-IL | 3.50 %<sup>(d)</sup> | 09/20/2050 | 343774 |
| 1489139 | &nbsp;&nbsp;Series 2020-142-SD (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(d)(f)</sup> | 09/20/2050 | 213467 |
| 2760074 | &nbsp;&nbsp;Series 2020-151-TI | 2.50 %<sup>(d)</sup> | 10/20/2050 | 371882 |
| 3913331 | &nbsp;&nbsp;Series 2020-167-DI | 2.50 %<sup>(d)</sup> | 11/20/2050 | 573512 |
| 3668161 | &nbsp;&nbsp;Series 2020-173-AI | 2.50 %<sup>(d)</sup> | 11/20/2050 | 577097 |
| 876320 | &nbsp;&nbsp;Series 2020-189-SP (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(d)(f)</sup> | 12/20/2050 | 126009 |
| 1998295 | &nbsp;&nbsp;Series 2020-196-DI | 2.50 %<sup>(d)</sup> | 12/20/2050 | 281070 |
| 3298617 | &nbsp;&nbsp;Series 2021-125-AS (-1 x 30 day avg SOFR US + 3.25%, 0.00% Floor, 3.25% Cap) | 0.00 %<sup>(d)(f)</sup> | 07/20/2051 | 43853 |
| 2405684 | &nbsp;&nbsp;Series 2021-15-PI | 3.00 %<sup>(d)</sup> | 01/20/2051 | 369805 |
| 2110359 | &nbsp;&nbsp;Series 2021-189-IO | 0.88 %<sup>(c)(d)</sup> | 06/16/2061 | 134473 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 1602443 | &nbsp;&nbsp;Series 2021-197-IB | 3.50 %<sup>(d)</sup> | 11/20/2051 | 304750 |
| 2369188 | &nbsp;&nbsp;Series 2021-2-IO | 0.88 %<sup>(c)(d)</sup> | 06/16/2063 | 156524 |
| 2626632 | &nbsp;&nbsp;Series 2021-46-ES (-1 x 1 mo. Term SOFR + 2.69%, 0.00% Floor, 2.80% Cap) | 0.00 %<sup>(d)(f)</sup> | 03/20/2051 | 21383 |
| 3860965 | &nbsp;&nbsp;Series 2021-59-S (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap) | 0.00 %<sup>(d)(f)</sup> | 04/20/2051 | 26775 |
| 3281623 | &nbsp;&nbsp;Series 2021-80-IO | 0.90 %<sup>(c)(d)</sup> | 12/16/2062 | 227490 |
| 1423233 | &nbsp;&nbsp;Series 2021-98-SB (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap) | 1.87 %<sup>(d)(f)</sup> | 06/20/2051 | 179225 |
| 872071 | &nbsp;&nbsp;Series 2022-112-AI | 2.50 %<sup>(d)</sup> | 10/20/2050 | 137255 |
| 2970783 | &nbsp;&nbsp;Series 2022-204-IO | 3.50 %<sup>(d)</sup> | 04/20/2052 | 485352 |
| 395881 | &nbsp;&nbsp;Series 2022-218-IB | 3.00 %<sup>(d)</sup> | 07/20/2050 | 68342 |
| 3210495 | &nbsp;&nbsp;Series 2023-19-GI | 3.00 %<sup>(d)</sup> | 11/20/2051 | 463511 |
| 2260908 | &nbsp;&nbsp;Series 2023-79-JI | 2.50 %<sup>(d)</sup> | 02/20/2051 | 276660 |
| 1785791 | &nbsp;&nbsp;Series 2024-13-IA | 3.00 %<sup>(d)</sup> | 05/20/2051 | 310093 |
| 8158621 | &nbsp;&nbsp;Series 2024-156-IA | 0.87 %<sup>(c)(d)</sup> | 07/16/2066 | 578708 |
| 1224581 | &nbsp;&nbsp;Series 2024-170-AI | 0.77 %<sup>(c)(d)</sup> | 10/16/2065 | 80568 |
| 678540 | &nbsp;&nbsp;Series 2024-170-IO | 1.00 %<sup>(c)(d)</sup> | 03/16/2066 | 53119 |
| 2920285 | &nbsp;&nbsp;Series 2024-24-DI | 3.50 %<sup>(d)</sup> | 11/20/2051 | 541280 |
| 3446369 | &nbsp;&nbsp;Series 2024-6-BI | 3.00 %<sup>(d)</sup> | 12/20/2051 | 543234 |
|  | **Total US Government and Agency Mortgage Backed Obligations (Cost $23,304,963)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $23,304,963)** | **Total US Government and Agency Mortgage Backed Obligations (Cost $23,304,963)** | **22548505** |
| **SHORT TERM INVESTMENTS - 8.6%** | **SHORT TERM INVESTMENTS - 8.6%** |  |  |  |
| 3308054 | First American Government Obligations Fund - U | 4.28 %<sup>(g)</sup> |  | 3308054 |
| 3308054 | JPMorgan US Government Money Market Fund - IM | 4.28 %<sup>(g)</sup> |  | 3308054 |
| 3308055 | MSILF Government Portfolio - Institutional | 4.24 %<sup>(g)</sup> |  | 3308055 |
|  | **Total Short Term Investments (Cost $9,924,163)** | **Total Short Term Investments (Cost $9,924,163)** | **Total Short Term Investments (Cost $9,924,163)** | **9924163** |
|  | **Total Investments - 100.9%<sup>(h)</sup> (Cost $117,951,239)** | **Total Investments - 100.9%<sup>(h)</sup> (Cost $117,951,239)** | **Total Investments - 100.9%<sup>(h)</sup> (Cost $117,951,239)** | **116640747** |
|  | **Other Liabilities in Excess of Assets - (0.9)%** | **Other Liabilities in Excess of Assets - (0.9)%** | **Other Liabilities in Excess of Assets - (0.9)%** | **(1033597)** |
|  | **NET ASSETS - 100.0%** |  |  | $**115607150** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN** as a % of Net Assets: | |
| Non-Agency Residential Collateralized Mortgage Obligations | 26.6% |
| Non-Agency Commercial Mortgage Backed Obligations | 21.3% |
| US Government and Agency Mortgage Backed Obligations | 19.5% |
| Collateralized Loan Obligations | 16.0% |
| Asset Backed Obligations | 8.9% |
| Short Term Investments | 8.6% |
| Other Assets and Liabilities | (0.9)% |
| Net Assets | 100.0% |

---

**(a)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $77,450,613 or 67.0% of the Fund's net assets.** 

**(b)** **This security accrues interest which is added to the outstanding principal balance. The interest payment will be deferred until all other tranches in the structure are paid off. The rate disclosed is as of period end.** 

**(c)** **Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.** 

**(d)** **Interest only security** 

**(e)** **Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.** 

**(f)** **Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.** 

**(g)** **Seven-day yield as of period end.** 

**(h)** **99.6% of the total investments are based in the United States.** 

---

| | |
|:---|:---|
| **SOFR** | **Secured Overnight Financing Rate** |

---

Notes to Schedule of Investments

June 30, 2025 (Unaudited)

**1. Significant Accounting Policies**

Each Fund is an investment company that applies the accounting and reporting guidance issued in Topic 946, "*Financial Services—Investment Companies,"* by the Financial Accounting Standards Board ("FASB"). The following is a summary of the significant accounting policies of the Funds. These policies are in conformity with accounting principles generally accepted in the United States of America ("US GAAP").

**A. Security Valuation.** The Funds have adopted US GAAP fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion of changes in valuation techniques and related inputs during the period. These inputs are summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;• Level 1—Unadjusted quoted market prices in active markets
for identical securities

&nbsp;&nbsp;&nbsp;&nbsp;• Level 2—Quoted prices for identical or similar assets
in markets that are not active, or inputs derived from observable market data

&nbsp;&nbsp;&nbsp;&nbsp;• Level 3—Significant unobservable inputs (including
the reporting entity's estimates and assumptions)

Valuations for domestic and foreign fixed income securities are normally determined on the basis of evaluations provided by independent pricing services. Vendors typically value such securities based on one or more inputs described in the following table which is not intended to be a complete list. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed income securities in which the Funds are authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income securities. Securities that use similar valuation techniques and inputs as described in the following table are categorized as Level 2 of the fair value hierarchy. To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3. Assets and liabilities may be transferred between levels.

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fixed-income class** | &nbsp;&nbsp;**Examples of Inputs** |
| &nbsp;&nbsp;All | &nbsp;&nbsp;Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among data (collectively referred to as "standard inputs") comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference |
| &nbsp;&nbsp;Corporate bonds and notes; convertible securities | &nbsp;&nbsp;Standard inputs and underlying equity of the issuer |
| &nbsp;&nbsp;US bonds and notes of government and government agencies | &nbsp;&nbsp;Standard inputs |
| &nbsp;&nbsp;Residential and commercial mortgage-backed obligations; asset-backed obligations (including collateralized loan obligations) | &nbsp;&nbsp;Standard inputs and cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements and specific deal information, trustee reports |
| &nbsp;&nbsp;Bank loans | &nbsp;&nbsp;Standard inputs |

---

Investments in registered open-end management investment companies will be valued based upon the net asset value ("NAV") of such investments and are categorized as Level 1 of the fair value hierarchy.

Common stocks, exchange-traded funds and financial derivative instruments, such as futures contracts or options contracts, that are traded on a national securities or commodities exchange, are typically valued at the last reported sales price, in the case of common stocks and exchange-traded funds, or, in the case of futures contracts or options contracts, the settlement price determined by the relevant exchange. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy.

Over-the-counter financial derivative instruments, such as forward currency exchange contracts, options contracts, or swap agreements, derive their values from underlying asset prices, indices, reference rates, other inputs or a combination of these factors. These instruments are normally valued on the basis of valuations obtained from counterparties, published index closing levels or evaluated prices supplied by independent pricing services, some or all of which may be based on market data from trading on exchanges that closed significantly before the time as of which a Fund calculates its NAV. Forward foreign currency contracts are generally valued based on rates provided by independent data providers. Exchange traded futures and options on futures are generally valued at the settlement price determined by the relevant exchange on which they principally trade, and exchange traded options are generally valued at the last trade price on the exchange on which they principally trade. A Fund does not normally take into account trading, clearances or settlements that take place after the close of the principal exchange or market on which such securities are traded. Depending on the instrument and the terms of the transaction, the value of the derivative instruments can be estimated by a pricing service provider using a series of techniques, such as simulation pricing models. The pricing models use issuer details and other inputs that are observed from actively quoted markets such as indices, spreads, interest rates, curves, dividends and exchange rates. Derivatives that use similar valuation techniques and inputs as described above are normally categorized as Level 2 of the fair value hierarchy.

The Board of Trustees (the "Board") has adopted a pricing and valuation policy for use by each Fund and its Valuation Designee (as defined below) in calculating each Fund's NAV. Pursuant to Rule 2a-5 under the 1940 Act, each Fund has designated its primary investment adviser, either DoubleLine Capital LP ("DoubleLine Capital") or DoubleLine Alternatives LP ("DoubleLine Alternatives") (each, an "Adviser" and collectively, the "Advisers"), as applicable, as the "Valuation Designee" to perform all of the fair value determinations as well as to perform all of the responsibilities that may be performed by the Valuation Designee in accordance with Rule 2a-5. Each Adviser, as Valuation Designee, is authorized to make all necessary determinations of the fair values of portfolio securities and other assets for which market quotations are not readily available or if it is deemed that the prices obtained from brokers and dealers or independent pricing services are unreliable.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Category** | **DoubleLine Total Return Bond Fund** | **DoubleLine Core Fixed Income Fund** | **DoubleLine Emerging Markets Fixed Income Fund** | **DoubleLine Low Duration Bond Fund** | **DoubleLine Floating Rate Fund** | **DoubleLine Shiller Enhanced CAPE<sup>®</sup>** |
| **Investments in Securities** |  |  |  |  |  |  |
| Level 1 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short Term Investments | $1029587631 | $192203812 | $5058284 | $158107908 | $1701334 | $127046563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affiliated Mutual Funds |  | 406448295 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warrants |  | 17055 |  |  |  |  |
| Total Level 1 | 1029587631 | 598669162 | 5058284 | 158107908 | 1701334 | 127046563 |
| Level 2 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Government and Agency Mortgage Backed Obligations | 15165276374 | 1462556682 |  | 312490034 |  | 166669187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Residential Collateralized Mortgage Obligations | 7169516129 | 670517153 |  | 912151897 |  | 454676451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Commercial Mortgage Backed Obligations | 2283334079 | 313663498 |  | 887949035 |  | 405949576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset Backed Obligations | 1733467555 | 195190452 |  | 474427278 |  | 269582600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | 1400756502 | 184139395 |  | 750419423 | 3012611 | 458626470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Government and Agency Obligations | 982588789 | 1107070723 |  | 1432147501 |  | 905639608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Corporate Bonds |  | 989715488 |  | 686545470 | 5260375 | 379808790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short Term Investments |  | 398617668 |  | 99654417 |  | 79723534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Corporate Bonds |  | 336790700 | 289853890 | 421837547 | 449592 | 137189966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Loans |  | 157314958 |  |  | 106212904 | 72383705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations |  | 63986506 | 100486582 | 107439877 |  | 17233562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Escrow Notes |  | 67176 | 64688 |  |  |  |
| Total Level 2 | 28734939428 | 5879630399 | 390405160 | 6085062479 | 114935482 | 3347483449 |
| Level 3 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset Backed Obligations | 26231877 | 6073037 |  | 8673688 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Stocks |  | 823200 |  |  | 483780 | 200720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Corporate Bonds |  | 167476 | 67719 | 144992 |  | 67845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Escrow Notes |  | 345 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Loans |  |  |  |  |  |  |
| Total Level 3 | 26231877 | 7064058 | 67719 | 8818680 | 483780 | 268565 |
| Total | $29790758936 | $6485363619 | $395531163 | $6251989067 | $117120596 | $3474798577 |
| **Other Financial Instruments** |  |  |  |  |  |  |
| Level 1 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | $129418304 | $21093539 | $– | $– | $– | $– |
| Total Level 1 | 129418304 | 21093539 |  |  |  |  |
| Level 2 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unfunded Commitments |  | 1100 |  |  | 826 | 1150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Excess Return Swaps |  |  |  |  |  | 137183745 |
| Total Level 2 |  | 1100 |  |  | 826 | 137184895 |
| Level 3 |  |  |  |  |  |  |
| Total | $129418304 | $21094639 | $– | $– | $826 | $137184895 |

---

See the Schedule of Investments for further disaggregation of investment categories.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Category** | **DoubleLine Flexible Income Fund** | **DoubleLine Low Duration Emerging Markets Fixed Income Fund** | **DoubleLine Long Duration Total Return Bond Fund** | **DoubleLine Strategic Commodity Fund (Consolidated)** | **DoubleLine Global Bond Fund** | **DoubleLine Infrastructure Income Fund** |
| **Investments in Securities** |  |  |  |  |  |  |
| Level 1 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short Term Investments | $65754001 | $2061954 | $1782821 | $3885326 | $3709300 | $3880740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warrants | 1922 |  |  |  |  |  |
| Total Level 1 | 65755923 | 2061954 | 1782821 | 3885326 | 3709300 | 3880740 |
| Level 2 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Residential Collateralized Mortgage Obligations | 205032541 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | 175227965 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Government and Agency Mortgage Backed Obligations | 163372506 |  | 50610902 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | 135643216 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Commercial Mortgage Backed Obligations | 135039040 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short Term Investments | 113697013 |  | 1981509 | 77836895 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset Backed Obligations | 78651878 |  |  |  |  | 162374664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Corporate Bonds | 59151960 | 97892788 |  |  |  | 16726202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Government and Agency Obligations | 53330338 |  |  |  | 55550879 | 4075391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Corporate Bonds | 50388829 |  |  |  |  | 142767049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations | 17010635 | 36161719 |  |  | 96122944 | 2764470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Escrow Notes | 7464 |  |  |  |  |  |
| Total Level 2 | 1186553385 | 134054507 | 52592411 | 77836895 | 151673823 | 328707776 |
| Level 3 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 202900 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Corporate Bonds | 9334 | 30199 |  |  |  | 2165301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Escrow Notes | 63 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Government and Agency Mortgage Backed Obligations |  |  | 1052167 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Corporate Bonds |  |  |  |  |  | 5088000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Loans |  |  |  |  |  |  |
| Total Level 3 | 212297 | 30199 | 1052167 |  |  | 7253301 |
| Total | $1252521605 | $136146660 | $55427399 | $81722221 | $155383123 | $339841817 |
| **Other Financial Instruments** |  |  |  |  |  |  |
| Level 1 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | $– | $– | $453619 | $– | $– | $– |
| Total Level 1 |  |  | 453619 |  |  |  |
| Level 2 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unfunded Commitments | 585 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Excess Return Swaps |  |  |  | 1688948 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward Currency Exchange Contracts |  |  |  |  | 43365 |  |
| Total Level 2 | 585 |  |  | 1688948 | 43365 |  |
| Level 3 |  |  |  |  |  |  |
| Total | $585 | $– | $453619 | $1688948 | $43365 | $– |

---

See the Schedule of Investments for further disaggregation of investment categories.

---

| | | | |
|:---|:---|:---|:---|
| **Category** | **DoubleLine Shiller Enhanced International CAPE<sup>®</sup>** | **DoubleLine Emerging Markets Local Currency Bond Fund** | **DoubleLine Income Fund** |
| **Investments in Securities** |  |  |  |
| Level 1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short Term Investments | $1072858 | $336658 | $9924163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affiliated Mutual Funds | 647048 |  |  |
| Total Level 1 | 1719906 | 336658 | 9924163 |
| Level 2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Government and Agency Obligations | 5523312 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Residential Collateralized Mortgage Obligations | 5030379 |  | 30743153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Corporate Bonds | 4591629 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Commercial Mortgage Backed Obligations | 4307378 |  | 24639048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | 3630408 |  | 18456093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short Term Investments | 2690669 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset Backed Obligations | 2457141 |  | 10329785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Government and Agency Mortgage Backed Obligations | 1225709 |  | 22548505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Corporate Bonds | 493200 | 2747059 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations |  | 10272790 |  |
| Total Level 2 | 29949825 | 13019849 | 106716584 |
| Level 3 |  |  |  |
| Total | $31669731 | $13356507 | $116640747 |
| **Other Financial Instruments** |  |  |  |
| Level 1 |  |  |  |
| Level 2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward Currency Exchange Contracts | $2171722 | $– | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Excess Return Swaps | (832046) |  |  |
| Total Level 2 | 1339676 |  |  |
| Level 3 |  |  |  |
| Total | $1339676 | $– | $– |

---

See the Schedule of Investments for further disaggregation of investment categories.

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value:

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **DoubleLine Long Duration Total Return Bond Fund** | **Fair Value as of <br> March 31, 2025** | **Net Realized Gain (Loss)** | **Net Change in Unrealized Appreciation (Depreciation)<sup>(c)</sup>** | **Net Accretion (Amortization)** | **Purchases <sup>(a)</sup>** | **Sales <sup>(b)</sup>** | **Transfers Into <br> Level 3<sup>(d)</sup>** | **Transfers Out of <br> Level 3<sup>(d)</sup>** | **Fair Value as of June 30, 2025** | **Net Change in Unrealized Appreciation (Depreciation) on securities held at June 30, 2025<sup>(c)</sup>** |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;US Government and Agency Mortgage Backed Obligations | $- | $- | $10128 | $- | $1042039 | $- | $- | $- | $1052167 | $- |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **DoubleLine Infrastructure Income Fund** | **Fair Value as of <br> March 31, 2025** | **Net Realized Gain (Loss)** | **Net Change in Unrealized Appreciation (Depreciation)<sup>(c)</sup>** | **Net <br> Accretion (Amortization)** | **Purchases <sup>(a)</sup>** | **Sales<sup>(b)</sup>** | **Transfers Into <br> Level 3<sup>(d)</sup>** | **Transfers Out of <br> Level 3<sup>(d)</sup>** | **Fair Value as of June 30, 2025** | **Net Change in Unrealized Appreciation (Depreciation) on securities held at June 30, 2025 <sup>(c)</sup>** |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Corporate Bonds | $5154000 | $- | $(66000) | $- | $- | $- | $- | $- | $5088000 | $(66000) |
| &nbsp;&nbsp;&nbsp;Foreign Corporate Bonds | 2474761 | 3546 | 8742 | 2726 | - | (324474) | - | - | 2165301 | 3801 |
| &nbsp;&nbsp;**Total** | $7628761 | $3546 | $(57258) | $2726 | $- | $(324474) | $- | $- | $7253301 | $(62199) |

---

*<sup>(a)</sup>* *Purchases include all purchases of securities, payups and corporate actions.*

*<sup>(b)</sup>* *Sales include all sales of securities, maturities, and paydowns.*

*<sup>(c)</sup>* *Any difference between Net Change in Unrealized Appreciation (Depreciation) and Net Change in Unrealized Appreciation (Depreciation) on securities held at June 30, 2025 may be due to a security that was not held or categorized as Level 3 at either period end.*

*<sup>(d)</sup>* *Transfers into or out of Level 3 can be attributed to changes in the availability of pricing sources and/or in the observability of significant inputs used to measure the fair value of those instruments.*

The following is a summary of quantitative information about Level 3 Fair Value Measurements:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DoubleLine Long Duration Total Return Bond Fund** | **Fair Value as of June 30, 2025** | **Valuation Techniques** | **Unobservable Input** | **Unobservable Input Values <br> (Weighted Average)<sup>(e)</sup>** | **Impact to valuation from an increase to input** |
| &nbsp;&nbsp;US Government and Agency Mortgage Backed Obligations | $1052167 | &nbsp;&nbsp;Market Comparables | &nbsp;&nbsp;Market Quotes | &nbsp;&nbsp;$65.19 ($65.19) | &nbsp;&nbsp;Significant changes in the market quotes would have resulted in direct and proportional changes in the fair value of the security |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DoubleLine Infrastructure Income Fund** | **Fair Value as of June 30, 2025** | **Valuation Techniques** | **Unobservable Input** | **Unobservable Input Values <br> (Weighted Average)<sup>(e)</sup>** | **Impact to valuation from an increase to input** |
| &nbsp;&nbsp;Corporate Bonds | $5088000 | &nbsp;&nbsp;Market Comparables | &nbsp;&nbsp;Market Quotes | &nbsp;&nbsp;$101.76 ($101.76) | &nbsp;&nbsp;Significant changes in the market quotes would have resulted in direct and proportional changes in the fair value of the security |
| &nbsp;&nbsp;Foreign Corporate Bonds | $2165301 | &nbsp;&nbsp;Market Comparables | &nbsp;&nbsp;Market Quotes | &nbsp;&nbsp;$97.13 - $100.38 ($99.92) | &nbsp;&nbsp;Significant changes in the market quotes would have resulted in direct and proportional changes in the fair value of the security |

---

*<sup>(e)</sup>* *Unobservable inputs were weighted by the relative fair value of the instruments.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** DoubleLine Funds Trust

- **b. Investment Company Act file number:** 811-22378

- **c. CIK number of Registrant:** 0001480207

- **d. LEI of Registrant:** 549300MUFFXFRMY0RH66

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

  - **Street Address 1:** 2002 North Tampa Street

  - **City:** Tampa

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 33602

  - **Telephone number:** 813-791-7333

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

- **a. Name of Series:** DoubleLine Core Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000028164

- **c. LEI of Series:** 54930038X7YEPHHCZD13

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

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

- **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:** $6591106699.55

**Total Liabilities:** $83225032.31

**Net Assets:** $6507881667.24

**Delayed Delivery Securities:** $17731638.01

**Cash Not Reported:** $11922115.52

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1662.000000000000 | **1-Year:** 84135.000000000000 | **5-Year:** 892998.000000000000 | **10-Year:** 749241.000000000000 | **30-Year:** 217383.000000000000

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

- **3-Month:** 1678.000000000000 | **1-Year:** 52189.000000000000 | **5-Year:** 235675.000000000000 | **10-Year:** 94584.000000000000 | **30-Year:** 11579.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000086128 | 0.37%                | -0.45%               | 1.64%                |
| Class ID C000086129 | 0.25%                | -0.47%               | 1.62%                |
| Class ID C000213585 | 0.38%                | -0.55%               | 1.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-9166363.65             | $-6018837.22                               |
| Month 2  | $-17223814.28            | $-8541604.48                               |
| Month 3  | $-1072803.34             | $65789373.99                               |

**Designated Index Information**

- **Index Name:** Bloomberg Barclays US Aggregate Bond Index Unhedged USD

- **Index Identifier:** LBUSTRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CLARIOS GLOBAL LP/US FIN                        | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1279029.59   | 0.02%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COMERICA INC                                    | Comerica Inc                                                                     | CUSIP: 200340AW7<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |   2421000 | PA      | $2480384.71   | 0.04%             | 2030-01-30      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                   | Corevest American Finance 2020-4 Trust                                           | CUSIP: 21873AAN7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $862568.20    | 0.01%             | 2052-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                    | GS Mortgage Securities Trust 2016-GS2                                            | CUSIP: 36252TAT2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  43039401 | PA      | $224084.64    | 0.00%             | 2049-05-10      | Variable      | 1.88%                 | No            |                  2 | On Loan: No      |
| ICON INVESTMENTS SIX DAC                        | Icon Investments Six DAC                                                         | CUSIP: 45115AAC8<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | US        |   2434000 | PA      | $2488852.09   | 0.04%             | 2034-05-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Alternative Loan T                  | JP Morgan Alternative Loan Trust                                                 | CUSIP: 46628VAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1682553 | PA      | $1653269.51   | 0.03%             | 2036-08-25      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Alternative Loan T                  | JP Morgan Alternative Loan Trust                                                 | CUSIP: 46628VAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19040 | PA      | $18961.12     | 0.00%             | 2036-08-25      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Alternative Loan T                  | JP Morgan Alternative Loan Trust 2006-S4                                         | CUSIP: 466302AJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19559 | PA      | $20200.60     | 0.00%             | 2036-12-25      | Variable      | 6.21%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                             | LCM XXV Ltd                                                                      | CUSIP: 50189PAJ1<br>LEI: 549300FY8UGGJMQNCO13 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2010079.20   | 0.03%             | 2030-07-20      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Lehman Mortgage Trust                           | Lehman Mortgage Trust 2006-9                                                     | CUSIP: 52521HAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     24343 | PA      | $21409.53     | 0.00%             | 2037-01-25      | Floating      | 10.29%                | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga                  | MF1 2025-FL17 LLC                                                                | CUSIP: 55287HAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5650000 | PA      | $5652310.85   | 0.09%             | 2040-02-18      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                          | Marriott International Inc/MD                                                    | CUSIP: 571903BQ5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   4771000 | PA      | $4831228.77   | 0.07%             | 2034-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                              | Mattamy Group Corp                                                               | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    955000 | PA      | $918635.12    | 0.01%             | 2030-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Alternative Note                  | Merrill Lynch Alternative Note Asset Trust Series 2007-F1                        | CUSIP: 59023YAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1615650 | PA      | $533603.38    | 0.01%             | 2037-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MITER BRAND / MIWD BORR                         | Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC                          | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1334168.36   | 0.02%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                          | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822DL5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   4703000 | PA      | $4837980.38   | 0.07%             | 2036-04-24      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                         | Light & Wonder International Inc                                                 | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    625000 | PA      | $644300.44    | 0.01%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT                        | Lima Metro Line 2 Finance Ltd                                                    | CUSIP: AZ7194543<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | PE        |   1824336 | PA      | $1717429.87   | 0.03%             | 2036-04-05      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| HAMILTON PROJECTS ACQUIR                        | Hamilton Projects Acquiror LLC                                                   | CUSIP: N/A<br>LEI: 5493005K6XILIQ2EZY52       | Long             | LON              | CORP              | US        |    221260 | PA      | $222274.48    | 0.00%             | 2031-05-30      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES SA                     | ION Trading Technologies Sarl                                                    | CUSIP: L5582BAZ0<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | LON              | CORP              | LU        |    340375 | PA      | $341003.15    | 0.01%             | 2028-04-03      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| HUNTER DOUGLAS INC                              | Hunter Douglas Inc                                                               | CUSIP: N8137FAE0<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |    595472 | PA      | $594107.95    | 0.01%             | 2032-01-20      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| MADISON SAFETY & FLOW                           | Madison Safety & Flow LLC                                                        | CUSIP: 55822DAM3<br>LEI: 5493007D2J7BBIFYBY65 | Long             | LON              | CORP              | US        |    477725 | PA      | $479217.58    | 0.01%             | 2031-09-26      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                     | Corp Nacional del Cobre de Chile                                                 | CUSIP: ZM7549920<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |   2700000 | PA      | $2631753.45   | 0.04%             | 2033-02-02      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MEXICO GENERADORA DE ENE                        | Mexico Generadora de Energia S de rl                                             | CUSIP: EJ4659987<br>LEI: 635400GBINBYW1VUAD14 | Long             | DBT              | CORP              | MX        |   1316616 | PA      | $1309373.56   | 0.02%             | 2032-12-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2006-26CB                                                 | CUSIP: 02147WAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    245914 | PA      | $120850.91    | 0.00%             | 2036-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                             | CUSIP: 06051GMA4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   3822000 | PA      | $3927970.87   | 0.06%             | 2035-01-23      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                             | COMM 2015-LC21 Mortgage Trust                                                    | CUSIP: 12593FBH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4310000 | PA      | $4163862.99   | 0.06%             | 2048-07-10      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN                        | CQP Holdco LP / BIP-V Chinook Holdco LLC                                         | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1285149.06   | 0.02%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CRH SMW FINANCE DAC                             | CRH SMW Finance DAC                                                              | CUSIP: 12704PAB4<br>LEI: 54930044475SH442C864 | Long             | DBT              | CORP              | US        |   5650000 | PA      | $5795544.34   | 0.09%             | 2030-01-09      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                             | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    565000 | PA      | $532561.62    | 0.01%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II,                  | Compass Datacenters Issuer II LLC                                                | CUSIP: 20469AAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1450000 | PA      | $1467285.74   | 0.02%             | 2049-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                            | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |    153000 | PA      | $111082.68    | 0.00%             | 2029-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                              | Credit Agricole SA                                                               | CUSIP: 22535WAN7<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   4833000 | PA      | $5012375.15   | 0.08%             | 2036-01-09      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mor                  | CSFB Mortgage-Backed Pass-Through Certificates Series 2005-10                    | CUSIP: 225470EG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     46375 | PA      | $33297.83     | 0.00%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DANA INC                                        | Dana Inc                                                                         | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    965000 | PA      | $971302.42    | 0.01%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                       | IQVIA Inc                                                                        | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   3294000 | PA      | $3445000.25   | 0.05%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                       | IQVIA Inc                                                                        | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    780000 | PA      | $801425.19    | 0.01%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                  | JP Morgan Mortgage Acquisition Trust 2006-WMC3                                   | CUSIP: 46629KAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14530648 | PA      | $10909835.91  | 0.17%             | 2036-08-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                             | JPMorgan Chase & Co                                                              | CUSIP: 46647PEK8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   9246000 | PA      | $9412736.72   | 0.14%             | 2035-07-22      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| JACOBS ENGINEERING GROUP                        | Jacobs Engineering Group Inc                                                     | CUSIP: 469814AA5<br>LEI: 549300CZ8QS1GE53O776 | Long             | DBT              | CORP              | US        |   3367000 | PA      | $3505525.72   | 0.05%             | 2033-03-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                         | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550AW6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |   6459000 | PA      | $7167473.24   | 0.11%             | 2038-01-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                             | LCM 28 Ltd                                                                       | CUSIP: 50200WAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3250000 | PA      | $3083389.73   | 0.05%             | 2030-10-20      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| Lehman Mortgage Trust                           | Lehman Mortgage Trust 2007-2                                                     | CUSIP: 52521DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     85250 | PA      | $56135.75     | 0.00%             | 2037-02-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                 | Lehman XS Trust 2007-1                                                           | CUSIP: 525241AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2213517 | PA      | $2142720.97   | 0.03%             | 2037-02-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                            | OneMain Finance Corp                                                             | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    410000 | PA      | $424972.79    | 0.01%             | 2032-09-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                              | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $258434.37    | 0.00%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER                           | Panther Escrow Issuer LLC                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1035000 | PA      | $1075785.21   | 0.02%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Parkland Corp Escrow                            | Parkland Corp Escrow                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    690000 | PA      | $345.00       | 0.00%             | 2030-05-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| SLG Office Trust                                | SLG Office Trust 2021-OVA                                                        | CUSIP: 78449RAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4110000 | PA      | $3468608.20   | 0.05%             | 2041-07-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                              | Sonoco Products Co                                                               | CUSIP: 835495AR3<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |   2512000 | PA      | $2507389.10   | 0.04%             | 2029-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-23CB                                                 | CUSIP: 02151EAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1286582 | PA      | $460659.71    | 0.01%             | 2037-09-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                             | Sound Point CLO XXIII                                                            | CUSIP: 83614BAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7000000 | PA      | $6798941.10   | 0.10%             | 2034-07-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                             | Sound Point Clo XXXI Ltd                                                         | CUSIP: 83615PAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1250000 | PA      | $1213399.00   | 0.02%             | 2034-10-25      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-17CB                                                 | CUSIP: 02151HAK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     52684 | PA      | $44628.31     | 0.00%             | 2037-08-25      | Floating      | 9.51%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                              | BSPRT 2023-FL10 Issuer Ltd                                                       | CUSIP: 05610VAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5580000 | PA      | $5609763.72   | 0.09%             | 2035-09-15      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                         | Southwestern Electric Power Co                                                   | CUSIP: 845437BT8<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |   3622000 | PA      | $2343746.54   | 0.04%             | 2051-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                         | Starwood Property Trust Inc                                                      | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    850000 | PA      | $895109.83    | 0.01%             | 2029-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor                  | Banc of America Funding 2006-6 Trust                                             | CUSIP: 05950RAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76597 | PA      | $66877.43     | 0.00%             | 2036-08-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                        | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971V2C8<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |   3240000 | PA      | $3240000.00   | 0.05%             | 2030-07-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| Start Ltd.                                      | Start Ltd/Bermuda                                                                | CUSIP: 85572RAA7<br>LEI: 549300VIQYFIDJQCKZ43 | Long             | ABS-O            | CORP              | US        |   1540358 | PA      | $1540455.48   | 0.02%             | 2043-05-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential                   | Starwood Mortgage Residential Trust 2020-1                                       | CUSIP: 85573AAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5910000 | PA      | $5058116.05   | 0.08%             | 2050-02-25      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| STICHTING ADMINISTRATIEKANTOOR A D R            | STICHTING ADMINISTRATIEKANTOOR A D R                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |       711 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Storm King Park CLO, Ltd                        | Storm King Park CLO LTD                                                          | CUSIP: 86217RAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1004111.70   | 0.02%             | 2037-10-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                              | Subway Funding LLC                                                               | CUSIP: 864300AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4477500 | PA      | $4605846.64   | 0.07%             | 2054-07-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                              | Subway Funding LLC                                                               | CUSIP: 864300AL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4975000 | PA      | $4939699.89   | 0.08%             | 2054-07-30      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                          | Zimmer Biomet Holdings Inc                                                       | CUSIP: 98956PAZ5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |   4741000 | PA      | $4758948.62   | 0.07%             | 2034-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                                    | Cotiviti Inc                                                                     | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    545107 | PA      | $543234.56    | 0.01%             | 2031-05-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC                            | Signia Aerospace LLC                                                             | CUSIP: 82670NAB2<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |    515077 | PA      | $518296.16    | 0.01%             | 2031-12-11      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY MORTGA                        | Starwood Property Mortgage LLC                                                   | CUSIP: 85570DAL6<br>LEI: 5493008SB15CNJRIOK13 | Long             | LON              | CORP              | US        |    373263 | PA      | $374897.87    | 0.01%             | 2030-01-02      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| CLEARWATER ANALYTICS LLC                        | Clearwater Analytics LLC                                                         | CUSIP: 18512EAF9<br>LEI: 894500N8DN2JO5ZDRQ11 | Long             | LON              | CORP              | US        |    465000 | PA      | $465581.25    | 0.01%             | 2032-04-21      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                                      | Kaman Corp                                                                       | CUSIP: N/A<br>LEI: 5493003YK076OLTEQF95       | Long             | LON              | CORP              | US        |    139991 | PA      | $140002.49    | 0.00%             | 2032-02-26      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                        | Comision Federal de Electricidad                                                 | CUSIP: BN8775817<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $352660.40    | 0.01%             | 2031-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| INTERCORP PERU LTD                              | Intercorp Peru Ltd                                                               | CUSIP: AZ7913496<br>LEI: 549300L0OFVSOE4NSY75 | Long             | DBT              | CORP              | PE        |    200000 | PA      | $188381.33    | 0.00%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                               | Brown & Brown Inc                                                                | CUSIP: 115236AN1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2025000 | PA      | $2089330.36   | 0.03%             | 2055-06-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                        | Builders FirstSource Inc                                                         | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    615000 | PA      | $633982.04    | 0.01%             | 2035-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                          | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1341594.50   | 0.02%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CCL INDUSTRIES INC                              | CCL Industries Inc                                                               | CUSIP: 124900AD3<br>LEI: 549300TD3EMSRRC0YH75 | Long             | DBT              | CORP              | CA        |   5151000 | PA      | $4781080.68   | 0.07%             | 2030-06-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                        | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    455000 | PA      | $363171.90    | 0.01%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                          | CHL Mortgage Pass-Through Trust 2007-3                                           | CUSIP: 12543RAS8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    422295 | PA      | $193862.28    | 0.00%             | 2037-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC                          | Cadence Design Systems Inc                                                       | CUSIP: 127387AP3<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |   2384000 | PA      | $2356104.91   | 0.04%             | 2034-09-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CARBON LEVEL MITIGATION TRUST                   | Carbon Level Mitigation Trust Series 2021-5                                      | CUSIP: 14116CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18198018 | PA      | $10874534.97  | 0.17%             | 2051-10-13      | Fixed         | 0.61%                 | No            |                  2 | On Loan: No      |
| Carrington Mortgage Loan Trust                  | Carrington Mortgage Loan Trust Series 2006-NC5                                   | CUSIP: 144539AC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4918111 | PA      | $4394838.27   | 0.07%             | 2037-01-25      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                      | Carvana Co                                                                       | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    710000 | PA      | $747103.47    | 0.01%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                                   | CommScope LLC                                                                    | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    256000 | PA      | $250248.50    | 0.00%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COUGAR JV SUBSIDIARY LLC                        | Cougar JV Subsidiary LLC                                                         | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    640000 | PA      | $682826.88    | 0.01%             | 2032-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DOLP Trust                                      | DOLP Trust 2021-NYC                                                              | CUSIP: 23345LAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4070000 | PA      | $3509674.15   | 0.05%             | 2041-05-10      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                             | Diebold Nixdorf Inc                                                              | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    410000 | PA      | $435991.97    | 0.01%             | 2030-03-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DVMN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17757735 | PA      | $17990620.85  | 0.28%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DVMR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13218353 | PA      | $13386808.42  | 0.21%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132E0X64<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  22699603 | PA      | $23524651.64  | 0.36%             | 2053-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137ADT23<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1728131 | PA      | $1673596.87   | 0.03%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137HHCN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12330468 | PA      | $12311706.32  | 0.19%             | 2054-11-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3138WHSN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3155026 | PA      | $2698720.43   | 0.04%             | 2046-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31396YF72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27180 | PA      | $27121.93     | 0.00%             | 2038-04-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31397LY29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11974 | PA      | $757.15       | 0.00%             | 2038-07-25      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398GRQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    122557 | PA      | $123654.80    | 0.00%             | 2040-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398GYK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    110211 | PA      | $112784.76    | 0.00%             | 2040-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398RQ81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58952 | PA      | $60408.74     | 0.00%             | 2040-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140F5CT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10236403 | PA      | $9090723.04   | 0.14%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140NXPB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7045000 | PA      | $7236123.17   | 0.11%             | 2035-03-01      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140QR6C2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  21577667 | PA      | $22104500.11  | 0.34%             | 2053-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140QUAY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8420726 | PA      | $8370114.40   | 0.13%             | 2054-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418EUL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14014084 | PA      | $14080254.15  | 0.22%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FULL HOUSE RESORTS INC                          | Full House Resorts Inc                                                           | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |    480000 | PA      | $466737.22    | 0.01%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                            | Garda World Security Corp                                                        | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   1125000 | PA      | $1155445.88   | 0.02%             | 2032-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Trust                          | Invitation Homes 2024-SFR1 Trust                                                 | CUSIP: 46188DAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13127000 | PA      | $12514616.26  | 0.19%             | 2041-09-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu                  | JPMDB Commercial Mortgage Securities Trust 2016-C2                               | CUSIP: 46590LAV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  42862058 | PA      | $252406.09    | 0.00%             | 2049-06-15      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                  | JPMBB Commercial Mortgage Securities Trust 2015-C27                              | CUSIP: 46644AAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7860000 | PA      | $2054997.00   | 0.03%             | 2048-02-15      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| LFS TOPCO LLC                                   | LFS Topco LLC                                                                    | CUSIP: 50203TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $305189.95    | 0.00%             | 2030-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                     | Legacy Mortgage Asset Trust 2019-RPL3                                            | CUSIP: 52474FBE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  19721123 | PA      | $17422040.44  | 0.27%             | 2058-06-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Lehman Mortgage Trust                           | Lehman Mortgage Trust 2006-3                                                     | CUSIP: 52520CAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    368364 | PA      | $173724.20    | 0.00%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                 | Lehman XS Trust Series 2007-15N                                                  | CUSIP: 52524VAM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8602436 | PA      | $7168259.89   | 0.11%             | 2047-08-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                           | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    530000 | PA      | $448512.50    | 0.01%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                           | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    685000 | PA      | $689599.09    | 0.01%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                     | MetLife Inc                                                                      | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   4168000 | PA      | $4287525.74   | 0.07%             | 2055-03-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| PR Mortgage Loan Trust                          | PR Mortgage Loan Trust 2014-1                                                    | CUSIP: 69358KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4216852 | PA      | $4037698.27   | 0.06%             | 2049-10-25      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                             | Petroleos Mexicanos                                                              | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $434949.54    | 0.01%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                          | Philip Morris International Inc                                                  | CUSIP: 718172DB2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   4643000 | PA      | $4796792.09   | 0.07%             | 2033-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                        | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    545000 | PA      | $546343.97    | 0.01%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                             | Quanta Services Inc                                                              | CUSIP: 74762EAL6<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   4710000 | PA      | $4770674.64   | 0.07%             | 2034-08-09      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RADIATE HOLDCO / FINANCE                        | Radiate Holdco LLC / Radiate Finance Inc                                         | CUSIP: 75026JAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $179742.15    | 0.00%             | 2026-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SITIO ROYAL OP / SIT FIN                        | Sitio Royalties Operating Partnership LP / Sitio Finance Corp                    | CUSIP: 82983MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    605000 | PA      | $633855.24    | 0.01%             | 2028-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                           | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1131141.90   | 0.02%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PERIAMA HOLDINGS LLC/DE                         | Periama Holdings LLC/DE                                                          | CUSIP: ZO8974420<br>LEI: 254900NINXO00BLT2Z47 | Long             | DBT              | CORP              | IN        |    600000 | PA      | $600176.25    | 0.01%             | 2026-04-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                           | Minerva Luxembourg SA                                                            | CUSIP: ZI7819140<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | BR        |    800000 | PA      | $864675.20    | 0.01%             | 2033-09-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                           | Directv Financing LLC                                                            | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    171292 | PA      | $172162.44    | 0.00%             | 2027-08-02      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| INEOS US FINANCE LLC                            | INEOS US Finance LLC                                                             | CUSIP: G4768PAN1<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |   1655359 | PA      | $1590774.88   | 0.02%             | 2030-02-19      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| CLUBCORP HOLDINGS INC                           | ClubCorp Holdings Inc                                                            | CUSIP: 18948TAF0<br>LEI: 549300XWSO7KBICXNW37 | Long             | LON              | CORP              | US        |       459 | PA      | $460.35       | 0.00%             | 2026-09-18      | Floating      | 9.56%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                           | Directv Financing LLC                                                            | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    340692 | PA      | $338679.00    | 0.01%             | 2029-08-02      | Floating      | 9.79%                 | No            |                  2 | On Loan: No      |
| CAMELOT US ACQUISITION LLC                      | Camelot US Acquisition LLC                                                       | CUSIP: N/A<br>LEI: 549300U6VBJHQP2SFL81       | Long             | LON              | CORP              | US        |    218087 | PA      | $216111.09    | 0.00%             | 2031-01-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| CPI HOLDCO B LLC                                | CPI Holdco B LLC                                                                 | CUSIP: 1261MAAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    548350 | PA      | $547390.39    | 0.01%             | 2031-05-19      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| MITCHELL INTERNATIONAL                          | Mitchell International Inc                                                       | CUSIP: 60662WAW2<br>LEI: 5493002RDNIGEM7SSV41 | Long             | LON              | CORP              | US        |    851549 | PA      | $851830.41    | 0.01%             | 2031-06-17      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| CONSTRUCTION PARTNERS IN                        | Construction Partners Inc                                                        | CUSIP: 21043XAH5<br>LEI: 549300MHLFL4E8JLZU44 | Long             | LON              | CORP              | US        |    827925 | PA      | $831547.17    | 0.01%             | 2031-11-03      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                          | Cloud Software Group Inc                                                         | CUSIP: 88632NBE9<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |    789236 | PA      | $791454.25    | 0.01%             | 2031-03-24      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| FREEPORT LNG INVESTMENTS                        | Freeport LNG Investments LLLP                                                    | CUSIP: 35670CAC2<br>LEI: 549300LR5YVRZH4YPQ33 | Long             | LON              | CORP              | US        |    773282 | PA      | $775056.75    | 0.01%             | 2028-12-21      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                               | Clarios Global LP                                                                | CUSIP: C8000CAP8<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |     40000 | PA      | $40087.60     | 0.00%             | 2032-01-28      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                                      | Kaman Corp                                                                       | CUSIP: N/A<br>LEI: 5493003YK076OLTEQF95       | Long             | LON              | CORP              | US        |    140330 | PA      | $140341.66    | 0.00%             | 2032-02-26      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                                      | Kaman Corp                                                                       | CUSIP: N/A<br>LEI: 5493003YK076OLTEQF95       | Long             | LON              | CORP              | US        |    121121 | PA      | $121130.37    | 0.00%             | 2032-02-26      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| PRIME SECURITY SERVICES BOR                     | Prime Security Services Borrower LLC                                             | CUSIP: 03765VAQ3<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |    835000 | PA      | $829347.05    | 0.01%             | 2032-03-08      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| COLOSSUS ACQUIRECO LLC                          | Colossus Acquireco LLC                                                           | CUSIP: N/A<br>LEI: 2549009FT92RXWA46910       | Long             | LON              | CORP              | US        |   1670000 | PA      | $1661023.75   | 0.03%             | 2032-06-14      | Floating      | 6.06%                 | No            |                  2 | On Loan: No      |
| EMPRESA ELECTRICA COCHRA                        | Empresa Electrica Cochrane SpA                                                   | CUSIP: ZQ3807125<br>LEI: 5493000S11JF8TJHYT07 | Long             | DBT              | CORP              | CL        |   1117080 | PA      | $1105238.51   | 0.02%             | 2027-05-14      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GCC SAB DE CV                                   | GCC SAB de CV                                                                    | CUSIP: BT4408220<br>LEI: 254900WY9XL8033CKX68 | Long             | DBT              | CORP              | MX        |   1100000 | PA      | $973067.81    | 0.01%             | 2032-04-20      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| KUO SAB DE CV                                   | KUO SAB De CV                                                                    | CUSIP: AO0647039<br>LEI: 549300WIYIAVCFZI6Z04 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $591580.87    | 0.01%             | 2027-07-07      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INVEPAR A-1 EQUITY LINKED NOTE                  | INVEPAR A-1 EQUITY LINKED NOTE                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | BR        |   1192690 | PA      | $0.01         | 0.00%             | 2028-12-30      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CANACOL ENERGY LTD                              | Canacol Energy Ltd                                                               | CUSIP: BS4891542<br>LEI: 549300X5MNRWPMSM9N14 | Long             | DBT              | CORP              | CO        |   2800000 | PA      | $968979.45    | 0.01%             | 2028-11-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JSW INFRASTRUCTURE                              | JSW Infrastructure Ltd                                                           | CUSIP: BT5111013<br>LEI: 3358003E3YFK92C9WX80 | Long             | DBT              | CORP              | IN        |   2600000 | PA      | $2549555.66   | 0.04%             | 2029-01-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                             | Elevance Health Inc                                                              | CUSIP: 036752AU7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1117254.67   | 0.02%             | 2052-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DTGF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13993812 | PA      | $14146861.33  | 0.22%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3132GABS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    129799 | PA      | $124692.22    | 0.00%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                            | Fannie Mae Trust 2003-W17                                                        | CUSIP: 31393UAK9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    104155 | PA      | $105661.07    | 0.00%             | 2033-08-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                      | Fiserv Inc                                                                       | CUSIP: 337738BL1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   4550000 | PA      | $4663116.41   | 0.07%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                           | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    810000 | PA      | $819373.32    | 0.01%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| MASTR Alternative Loans Trust                   | MASTR Alternative Loan Trust 2006-1                                              | CUSIP: 576434Y73<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4460575 | PA      | $1915683.15   | 0.03%             | 2036-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FLEETCOR TECHNOLOGIES INC                       | Corpay Technologies Operating Co LLC                                             | CUSIP: 33903RAZ2<br>LEI: 549300FKKKZCXLK48427 | Long             | LON              | CORP              | US        |    199500 | PA      | $199749.38    | 0.00%             | 2028-04-28      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| FLUTTER FINANCING BV                            | Flutter Financing BV                                                             | CUSIP: N3313EAJ9<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |    255000 | PA      | $255318.75    | 0.00%             | 2032-06-04      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136AYUG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    584160 | PA      | $569208.27    | 0.01%             | 2046-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136B1C85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  27168853 | PA      | $19710027.18  | 0.30%             | 2048-05-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31395NYT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41978 | PA      | $3729.77      | 0.00%             | 2036-07-25      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31396LHY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    112613 | PA      | $13063.96     | 0.00%             | 2036-10-25      | Floating      | 2.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31396VJW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    464036 | PA      | $541372.38    | 0.01%             | 2037-04-25      | Floating      | 9.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398GRB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3813 | PA      | $403.82       | 0.00%             | 2040-01-25      | Floating      | 1.83%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae I Pool                                                                | CUSIP: 36176XUH0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  24256802 | PA      | $22655935.53  | 0.35%             | 2042-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae II Pool                                                               | CUSIP: 36179TT96<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  24109669 | PA      | $21566635.62  | 0.33%             | 2048-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENTING NY LLC/GENNY CAP                        | Genting New York LLC / GENNY Capital Inc                                         | CUSIP: 37255JAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    835000 | PA      | $866945.05    | 0.01%             | 2029-10-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38379EGV8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2031058 | PA      | $276709.56    | 0.00%             | 2044-08-20      | Floating      | 1.77%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38382EF85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  13101504 | PA      | $1974929.94   | 0.03%             | 2050-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38383FDU4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  16918838 | PA      | $2251249.31   | 0.03%             | 2051-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                            | Matador Resources Co                                                             | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $1041227.98   | 0.02%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                          | Match Group Holdings II LLC                                                      | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   1330000 | PA      | $1323661.62   | 0.02%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GC FERRY ACQUISITION I                          | GC Ferry Acquisition I Inc                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    122500 | PA      | $120432.81    | 0.00%             | 2032-06-07      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                | ArcelorMittal SA                                                                 | CUSIP: 03938LBG8<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |   2584000 | PA      | $2710284.47   | 0.04%             | 2034-06-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                        | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1235000 | PA      | $1259085.60   | 0.02%             | 2032-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                      | Arcosa Inc                                                                       | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |    495000 | PA      | $514030.28    | 0.01%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                         | Arthur J Gallagher & Co                                                          | CUSIP: 04316JAN9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   5905000 | PA      | $5911205.15   | 0.09%             | 2035-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                             | Ashtead Capital Inc                                                              | CUSIP: 045054AQ6<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | GB        |   3750000 | PA      | $3789250.84   | 0.06%             | 2033-05-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                          | Aviation Capital Group LLC                                                       | CUSIP: 05369AAQ4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   3567000 | PA      | $3634397.86   | 0.06%             | 2029-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                        | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAU5<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | IE        |   4349000 | PA      | $4469354.23   | 0.07%             | 2029-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                        | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAV3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | IE        |   5211000 | PA      | $5367115.72   | 0.08%             | 2029-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                                  | Azorra Finance Ltd                                                               | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | US        |    695000 | PA      | $725335.36    | 0.01%             | 2030-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                  | Bain Capital Credit CLO 2024-4 Ltd                                               | CUSIP: 05685VAJ1<br>LEI: 254900X1J8WOE4EG9026 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $502017.25    | 0.01%             | 2037-10-23      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                  | Bain Capital Credit CLO 2024-6 Ltd                                               | CUSIP: 05685XAA6<br>LEI: 254900HQYGN91X5XN386 | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $5016215.00   | 0.08%             | 2038-01-21      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                        | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971U2C0<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |    500000 | PA      | $500000.00    | 0.01%             | 2030-07-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                  | Barings CLO Ltd 2018-I                                                           | CUSIP: 06760GAD3<br>LEI: 549300MY0JQGDVPG6R89 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $1993319.00   | 0.03%             | 2031-04-15      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                            | BlueMountain Fuji US Clo II Ltd                                                  | CUSIP: 09629EAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2400000 | PA      | $2377408.56   | 0.04%             | 2030-10-20      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | CSMC 2020-RPL1 Trust                                                             | CUSIP: 12656EBY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  26831074 | PA      | $21719048.85  | 0.33%             | 2069-10-25      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| GENESEE & WYOMING INC                           | Genesee & Wyoming Inc                                                            | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1215731.37   | 0.02%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NRZ Excess Spread Collateraliz                  | NRZ Excess Spread-Collateralized Notes Series 2020-PLS1                          | CUSIP: 433674AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2013351 | PA      | $1993622.21   | 0.03%             | 2025-12-25      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC                                | Vital Energy Inc                                                                 | CUSIP: 516806AK2<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |    530000 | PA      | $453571.72    | 0.01%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SWF HOLDINGS I CORP                             | SWF Holdings I Corp                                                              | CUSIP: 78500AAA6<br>LEI: 5493000CMZKPQ7BKPB20 | Long             | DBT              | CORP              | US        |    210000 | PA      | $81375.00     | 0.00%             | 2029-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                                | Symphony CLO XVI Ltd                                                             | CUSIP: 87165VAR0<br>LEI: 5493004PWOYFPAFQVT02 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $2986008.90   | 0.05%             | 2031-10-15      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                         | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1239241.28   | 0.02%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                              | Wind River 2014-3 CLO Ltd                                                        | CUSIP: 88432DBL7<br>LEI: 254900ZK5ODN8CA7YX85 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $3046866.60   | 0.05%             | 2031-10-22      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| UNIGEL LUXEMBOURG SA                            | Unigel Luxembourg SA                                                             | CUSIP: 904752AD4<br>LEI: 213800Y16R77O7LH7X62 | Long             | DBT              | CORP              | BR        |     48719 | PA      | $13641.28     | 0.00%             | 2028-12-31      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill                                                      | CUSIP: 912797PG6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 400000000 | PA      | $398617668.00 | 6.13%             | 2025-07-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VERALTO CORP                                    | Veralto Corp                                                                     | CUSIP: 92338CAD5<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |   4690000 | PA      | $4836290.48   | 0.07%             | 2028-09-18      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                        | TK Elevator US Newco Inc                                                         | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $999963.88    | 0.02%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                        | Vistra Operations Co LLC                                                         | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    760000 | PA      | $808300.66    | 0.01%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Se                  | Wells Fargo Mortgage Backed Securities 2005-AR14 Trust                           | CUSIP: 94982DAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5672 | PA      | $5548.00      | 0.00%             | 2035-08-25      | Variable      | 7.02%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2019-C49                                   | CUSIP: 95001WBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  18903733 | PA      | $631896.97    | 0.01%             | 2052-03-15      | Variable      | 1.41%                 | No            |                  2 | On Loan: No      |
| AVATION PLC                                     | Avation PLC                                                                      | CUSIP: N/A<br>LEI: 213800KA972GUP1B6I78       | N/A              | DE               | CORP              | SG        |     31063 | NS      | $17055.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOCEANICO SOVEREIGN                            | Bioceanico Sovereign Certificate Ltd                                             | CUSIP: ZS5584637<br>LEI: N/A                  | Long             | DBT              | CORP              | PY        |   2996719 | PA      | $2385387.93   | 0.04%             | 2034-06-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ULTRAPAR INTERNATIONL SA                        | Ultrapar International SA                                                        | CUSIP: QZ7451151<br>LEI: 222100CXHWBP3H3SK244 | Long             | DBT              | CORP              | BR        |    487000 | PA      | $486194.50    | 0.01%             | 2026-10-06      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNIGEL LUXEMBOURG SA                            | Unigel Luxembourg SA                                                             | CUSIP: YR0526610<br>LEI: 213800Y16R77O7LH7X62 | Long             | DBT              | CORP              | BR        |    209496 | PA      | $58658.82     | 0.00%             | 2028-12-31      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| DG INVESTMENT INTERMEDI                         | DG Investment Intermediate Holdings 2 Inc                                        | CUSIP: 23344MAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1225545 | PA      | $1229331.99   | 0.02%             | 2028-03-31      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                        | Team Health Holdings Inc                                                         | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |    501206 | PA      | $499481.64    | 0.01%             | 2027-03-02      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                         | Zayo Group Holdings Inc                                                          | CUSIP: 98919XAE1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |    407892 | PA      | $392808.19    | 0.01%             | 2027-03-09      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                           | Quikrete Holdings Inc                                                            | CUSIP: 74839XAK5<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    640196 | PA      | $640781.89    | 0.01%             | 2029-03-19      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                        | United Natural Foods Inc                                                         | CUSIP: 91116KAD7<br>LEI: 549300GKGW6WPZ282D40 | Long             | LON              | CORP              | US        |    358050 | PA      | $361630.50    | 0.01%             | 2031-05-01      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| ECOVYST CATALYST TECHNOL                        | Ecovyst Catalyst Technologies LLC                                                | CUSIP: 27922JAC0<br>LEI: 254900NH3N3I82Z6Q744 | Long             | LON              | CORP              | US        |    250529 | PA      | $249321.72    | 0.00%             | 2031-06-12      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| TERRIER MEDIA BUYER INC                         | CMG Media Corp                                                                   | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    118159 | PA      | $114819.11    | 0.00%             | 2029-06-18      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| VT TOPCO INC                                    | VT Topco Inc                                                                     | CUSIP: 91838LAK6<br>LEI: 5493007T812R37X02Y38 | Long             | LON              | CORP              | US        |    475020 | PA      | $476594.67    | 0.01%             | 2030-08-09      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| SWF HOLDINGS I CORP                             | SWF Holdings I Corp                                                              | CUSIP: N/A<br>LEI: 5493000CMZKPQ7BKPB20       | Long             | LON              | CORP              | US        |    294260 | PA      | $226947.73    | 0.00%             | 2028-10-06      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC                             | Boxer Parent Co Inc                                                              | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |   2610000 | PA      | $2596780.35   | 0.04%             | 2031-07-30      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                                      | Kaman Corp                                                                       | CUSIP: N/A<br>LEI: 5493003YK076OLTEQF95       | Long             | LON              | CORP              | US        |    140330 | PA      | $140341.66    | 0.00%             | 2032-02-26      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                                | APi Group DE Inc                                                                 | CUSIP: 00186XAN3<br>LEI: 549300XP4G7B4QYA0G83 | Long             | LON              | CORP              | US        |    295000 | PA      | $295399.73    | 0.00%             | 2029-01-03      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| WHITEWATER MATTERHORN HO                        | WhiteWater Matterhorn Holdings LLC                                               | CUSIP: N/A<br>LEI: 2138009J7G187M6C4Q91       | Long             | LON              | CORP              | US        |    185000 | PA      | $185154.48    | 0.00%             | 2032-06-16      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| UNITED TALENT AGENCY LLC                        | United Talent Agency LLC                                                         | CUSIP: 91301QAN7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    341550 | PA      | $342830.81    | 0.01%             | 2032-06-10      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| UNIGEL NETHERLANDS HOLD                         | Unigel Netherlands Holding Corp BV                                               | CUSIP: YR0563258<br>LEI: 213800UOXJTQ82DWTJ78 | Long             | DBT              | CORP              | BR        |    262805 | PA      | $8541.16      | 0.00%             | 2044-12-31      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                              | Braskem Idesa SAPI                                                               | CUSIP: BR9695791<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |   1400000 | PA      | $972970.25    | 0.01%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                        | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   3270000 | PA      | $3329640.09   | 0.05%             | 2029-01-19      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-18CB                                                 | CUSIP: 02151NAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    234457 | PA      | $138220.81    | 0.00%             | 2037-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                             | Altice Financing SA                                                              | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    800000 | PA      | $602587.04    | 0.01%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                         | American National Group Inc                                                      | CUSIP: 025676AQ0<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   6471000 | PA      | $6512141.52   | 0.10%             | 2035-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2005-46CB                                                 | CUSIP: 12668ABF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    397182 | PA      | $269078.56    | 0.00%             | 2035-10-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136B1RS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13169430 | PA      | $9503291.15   | 0.15%             | 2048-04-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136BGHR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  16576430 | PA      | $552941.64    | 0.01%             | 2051-08-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136BUGR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13986785 | PA      | $14076942.82  | 0.22%             | 2054-06-25      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136BWKS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  21713019 | PA      | $21914678.24  | 0.34%             | 2055-06-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31397UVX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    371380 | PA      | $371272.07    | 0.01%             | 2041-07-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398NC93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     53042 | PA      | $1997.78      | 0.00%             | 2040-10-25      | Floating      | 0.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398RMZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73648 | PA      | $3274.79      | 0.00%             | 2040-01-25      | Floating      | 0.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398TXF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27902 | PA      | $2251.40      | 0.00%             | 2040-08-25      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418EGT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11658218 | PA      | $11489317.45  | 0.18%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset                   | First Franklin Mortgage Loan Trust 2006-FF15                                     | CUSIP: 32028GAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  15984000 | PA      | $13579518.89  | 0.21%             | 2036-11-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mort                  | First Horizon Alternative Mortgage Securities Trust 2006-FA2                     | CUSIP: 32051G2Z7<br>LEI: 549300C1T80OPZQ1IW57 | Long             | ABS-MBS          | CORP              | US        |    192879 | PA      | $74719.69     | 0.00%             | 2036-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mort                  | First Horizon Alternative Mortgage Securities Trust 2006-RE1                     | CUSIP: 32051RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     32622 | PA      | $20725.49     | 0.00%             | 2035-05-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| FIRST INDUSTRIAL LP                             | First Industrial LP                                                              | CUSIP: 32055RAS6<br>LEI: 86MKNB3IKYZZT3E3OV11 | Long             | DBT              | CORP              | US        |   6064000 | PA      | $6137722.84   | 0.09%             | 2031-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                        | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAH4<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    580000 | PA      | $573173.17    | 0.01%             | 2033-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                           | Foundry JV Holdco LLC                                                            | CUSIP: 350930AE3<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   2648000 | PA      | $2792003.22   | 0.04%             | 2038-01-25      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                   | CoreLogic Inc                                                                    | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |    242722 | PA      | $240560.92    | 0.00%             | 2028-06-02      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                            | Amentum Holdings Inc                                                             | CUSIP: 02351XAB4<br>LEI: 2549009FJIBLW40CU216 | Long             | LON              | CORP              | US        |    984533 | PA      | $984533.33    | 0.02%             | 2031-09-29      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| COMPASS POWER GENERATION                        | Compass Power Generation LLC                                                     | CUSIP: 20451VAG8<br>LEI: 5493001FXZ2XUTES8E29 | Long             | LON              | CORP              | US        |   1466680 | PA      | $1476763.88   | 0.02%             | 2029-04-16      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                    | Ecopetrol SA                                                                     | CUSIP: 279158AQ2<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |   9000000 | PA      | $5933034.00   | 0.09%             | 2051-11-02      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                           | Ellucian Holdings Inc                                                            | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1276366.53   | 0.02%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EMBARQ CORP                                     | Embarq LLC                                                                       | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    276000 | PA      | $126718.50    | 0.00%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                            | Enel Finance International NV                                                    | CUSIP: 29278GBD9<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | IT        |   1977000 | PA      | $2014495.17   | 0.03%             | 2029-06-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                        | Enterprise Products Operating LLC                                                | CUSIP: 29379VCH4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   4823000 | PA      | $4657751.19   | 0.07%             | 2055-02-16      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136BVLD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  22656610 | PA      | $22659500.66  | 0.35%             | 2055-04-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31396QTY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     36094 | PA      | $1049.40      | 0.00%             | 2039-08-25      | Floating      | 1.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140J2J64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4682383 | PA      | $3334959.90   | 0.05%             | 2050-12-01      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31417YMB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65613 | PA      | $65903.34     | 0.00%             | 2030-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31417YQW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4148 | PA      | $4051.73      | 0.00%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418B4F0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1471715 | PA      | $1340599.34   | 0.02%             | 2046-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                          | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1755000 | PA      | $1806006.46   | 0.03%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                           | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    420000 | PA      | $429699.90    | 0.01%             | 2032-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                          | Philip Morris International Inc                                                  | CUSIP: 718172DJ5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   4295000 | PA      | $4382965.29   | 0.07%             | 2034-02-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                      | Progress Residential Trust                                                       | CUSIP: 74333HAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3404000 | PA      | $3315252.27   | 0.05%             | 2038-07-17      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                      | Progress Residential Trust                                                       | CUSIP: 74333HAN5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4666000 | PA      | $4576125.84   | 0.07%             | 2038-07-17      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                              | Expand Energy Corp                                                               | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   1438000 | PA      | $1456113.05   | 0.02%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                              | THL Credit Wind River 2017-1 CLO Ltd                                             | CUSIP: 97315TAJ1<br>LEI: 254900W8N6WOFX1LSH24 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $3008688.30   | 0.05%             | 2036-04-18      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                     | Workday Inc                                                                      | CUSIP: 98138HAH4<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |   4550000 | PA      | $4445431.95   | 0.07%             | 2029-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| XHR LP                                          | XHR LP                                                                           | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3315380.25   | 0.05%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TRAVELPORT FINANCE LUXEM                        | Travelport Finance Luxembourg Sarl                                               | CUSIP: L9308UAU4<br>LEI: 2221005SGFWYZHL40F77 | Long             | LON              | CORP              | LU        |    154262 | PA      | $119891.00    | 0.00%             | 2028-09-29      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| TRAVELPORT FINANCE LUXEM                        | Travelport Finance Luxembourg Sarl                                               | CUSIP: L9308UAU4<br>LEI: 2221005SGFWYZHL40F77 | Long             | LON              | CORP              | LU        |     96807 | PA      | $75237.76     | 0.00%             | 2028-09-29      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| PERATON CORP                                    | Peraton Corp                                                                     | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |    746288 | PA      | $660930.96    | 0.01%             | 2028-02-01      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| PRETIUM PKG HOLDINGS INC                        | Pretium PKG Holdings Inc                                                         | CUSIP: 74142KAH2<br>LEI: 254900S6SXME9YWLU075 | Long             | LON              | CORP              | US        |    275000 | PA      | $47712.50     | 0.00%             | 2029-10-01      | Floating      | 11.31%                | No            |                  2 | On Loan: No      |
| EAGLE PARENT CORP                               | Eagle Parent Corp                                                                | CUSIP: 26972CAC6<br>LEI: 5493007MVERDD2NKNE42 | Long             | LON              | CORP              | US        |    929818 | PA      | $923620.79    | 0.01%             | 2029-04-02      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| TRANS UNION LLC                                 | Trans Union LLC                                                                  | CUSIP: 89334GBF0<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |    421812 | PA      | $422820.63    | 0.01%             | 2031-06-24      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| ECOVYST CATALYST TECHNOL                        | Ecovyst Catalyst Technologies LLC                                                | CUSIP: 27922JAC0<br>LEI: 254900NH3N3I82Z6Q744 | Long             | LON              | CORP              | US        |    649520 | PA      | $646389.69    | 0.01%             | 2031-06-12      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| EMRLD BORROWER LP                               | Emrld Borrower LP                                                                | CUSIP: 26872NAD1<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |    815900 | PA      | $815610.36    | 0.01%             | 2031-08-04      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                         | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    355000 | PA      | $280148.25    | 0.00%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trus                  | CFCRE Commercial Mortgage Trust 2016-C6                                          | CUSIP: 12532AAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2047939 | PA      | $2016653.40   | 0.03%             | 2049-11-10      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                      | AMSR 2021-SFR2 Trust                                                             | CUSIP: 00179VAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2896638.30   | 0.04%             | 2038-08-17      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| AREIT CRE Trust                                 | AREIT 2025-CRE10 Ltd                                                             | CUSIP: 00193DAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5650000 | PA      | $5598421.15   | 0.09%             | 2029-12-17      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                        | AT&T Inc                                                                         | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |  13914000 | PA      | $9425158.82   | 0.14%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                             | American Tower Corp                                                              | CUSIP: 03027XAY6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   1737000 | PA      | $1270943.25   | 0.02%             | 2049-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                      | AMSR 2021-SFR1 Trust                                                             | CUSIP: 00179DAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $9303334.00   | 0.14%             | 2038-06-17      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                      | AMSR 2021-SFR2 Trust                                                             | CUSIP: 00179VAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2413931.00   | 0.04%             | 2038-08-17      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| DoubleLine Long Duration Total                  | DoubleLine Long Duration Total Return Bond Fund                                  | CUSIP: 258620749<br>LEI: 549300O83GI5BG24L464 | Long             | EC               | RF                | US        |   5000000 | NS      | $31400000.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP                                | Duke Energy Corp                                                                 | CUSIP: 26441CCF0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   3512000 | PA      | $3433594.64   | 0.05%             | 2054-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                   | CitiMortgage Alternative Loan Trust Series 2007-A1                               | CUSIP: 12566QAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    197709 | PA      | $178210.53    | 0.00%             | 2037-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                             | COMM 2015-CCRE25 Mortgage Trust                                                  | CUSIP: 12593PAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3325000 | PA      | $3309923.45   | 0.05%             | 2048-08-10      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                  | AASET 2024-1                                                                     | CUSIP: 00255JAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7657298 | PA      | $7766720.63   | 0.12%             | 2049-05-16      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                                   | AppLovin Corp                                                                    | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |   2402000 | PA      | $2445275.42   | 0.04%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                   | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1123626.50   | 0.02%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                               | Expedia Group Inc                                                                | CUSIP: 30212PAP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4945000 | PA      | $4873187.13   | 0.07%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                           | Athene Global Funding                                                            | CUSIP: 04685A3X7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3931000 | PA      | $3993394.48   | 0.06%             | 2027-07-09      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                             | Avery Dennison Corp                                                              | CUSIP: 053611AN9<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |   2311000 | PA      | $2417722.70   | 0.04%             | 2033-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ExteNet Systems                                 | ExteNet Issuer LLC                                                               | CUSIP: 30227XAQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3350000 | PA      | $3375245.60   | 0.05%             | 2054-07-25      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3138ERHQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3468239 | PA      | $3151994.46   | 0.05%             | 2041-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                                  | Azorra Finance Ltd                                                               | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | US        |    910000 | PA      | $931314.37    | 0.01%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S                  | BBCMS Mortgage Trust 2021-C12                                                    | CUSIP: 05552XBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4526000 | PA      | $3996574.77   | 0.06%             | 2054-11-15      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL EST/CO-ISS                        | Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp                         | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    580000 | PA      | $542399.66    | 0.01%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                            | Sabra Health Care LP                                                             | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |   2366000 | PA      | $2109609.03   | 0.03%             | 2031-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BANCO INTERNAC DEL PERU                         | Banco Internacional del Peru SAA Interbank                                       | CUSIP: 05968DAG5<br>LEI: 5493001TRCGXJLRLHN14 | Long             | DBT              | CORP              | PE        |   1400000 | PA      | $1429610.00   | 0.02%             | 2035-04-30      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| Bank                                            | BANK 2022-BNK39                                                                  | CUSIP: 06539VBS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2682000 | PA      | $1758819.12   | 0.03%             | 2055-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Cathedral Lake LTD                              | Cathedral Lake VIII Ltd                                                          | CUSIP: 14919GAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $5057703.50   | 0.08%             | 2035-01-20      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                 | Cemex SAB de CV                                                                  | CUSIP: 151290CC5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    500000 | PA      | $505750.00    | 0.01%             | 2030-06-10      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| Bank                                            | BANK 2020-BNK28                                                                  | CUSIP: 06540YAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1005000 | PA      | $868278.39    | 0.01%             | 2063-03-15      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S                  | BBCMS Mortgage Trust 2022-C14                                                    | CUSIP: 07336AAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5364000 | PA      | $4773089.96   | 0.07%             | 2055-02-15      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                         | Sasol Financing USA LLC                                                          | CUSIP: 80386WAC9<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | ZA        |    400000 | PA      | $394646.28    | 0.01%             | 2026-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Recei                  | Securitized Asset Backed Receivables LLC Trust 2007-BR3                          | CUSIP: 81377NAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2186398 | PA      | $1457334.01   | 0.02%             | 2037-04-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Recei                  | Securitized Asset Backed Receivables LLC Trust 2007-BR3                          | CUSIP: 81377NAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13689917 | PA      | $9217327.71   | 0.14%             | 2037-04-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                             | Select Medical Corp                                                              | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    965000 | PA      | $971398.92    | 0.01%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                   | DISH DBS Corp                                                                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    660000 | PA      | $440550.00    | 0.01%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DoubleLine Global Bond Fund                     | DoubleLine Global Bond Fund                                                      | CUSIP: 258620699<br>LEI: 5493008IO8R1K4RY7M95 | Long             | EC               | RF                | US        |  12929742 | NS      | $114298921.60 | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3128M6VJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    107564 | PA      | $109268.97    | 0.00%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DQB47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11426552 | PA      | $11526249.92  | 0.18%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                          | Sequoia Mortgage Trust 2007-3                                                    | CUSIP: 81744MAM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2844502 | PA      | $2252718.40   | 0.03%             | 2037-07-20      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| ENDURE DIGITAL INC                              | Newfold Digital Holdings Group Inc                                               | CUSIP: 29279UAB2<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |    346572 | PA      | $187582.22    | 0.00%             | 2028-02-10      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DSE73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5127757 | PA      | $5087381.98   | 0.08%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DU5X1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  24586321 | PA      | $24885639.30  | 0.38%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31396X6V1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     36918 | PA      | $2938.09      | 0.00%             | 2037-05-25      | Floating      | 1.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31397NCG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11280 | PA      | $11226.07     | 0.00%             | 2029-03-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                                | Arches Buyer Inc                                                                 | CUSIP: 03952HAD6<br>LEI: 2549009ADY4208OH2Y47 | Long             | LON              | CORP              | US        |    419375 | PA      | $414734.62    | 0.01%             | 2027-12-06      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| ENVIRI CORP                                     | Enviri Corp                                                                      | CUSIP: 41587CAR9<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | LON              | CORP              | US        |    475000 | PA      | $471378.13    | 0.01%             | 2028-03-10      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31397SPS7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27498 | PA      | $27304.22     | 0.00%             | 2026-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398MX35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14306 | PA      | $764.19       | 0.00%             | 2040-04-25      | Floating      | 0.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398PKN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58357 | PA      | $7310.34      | 0.00%             | 2050-04-25      | Floating      | 1.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398RFU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    121253 | PA      | $122131.91    | 0.00%             | 2039-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                     | Asurion LLC                                                                      | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    485000 | PA      | $451239.15    | 0.01%             | 2029-01-22      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| ASTRA ACQUISTION CORP                           | Astra Acquisition Corp                                                           | CUSIP: 04629UAL0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    699785 | PA      | $4667.57      | 0.00%             | 2029-10-25      | Floating      | 14.43%                | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                            | Glencore Funding LLC                                                             | CUSIP: 378272BS6<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | AU        |   8234000 | PA      | $8445205.06   | 0.13%             | 2029-04-04      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                             | Global Payments Inc                                                              | CUSIP: 37940XAP7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   4877000 | PA      | $4935691.87   | 0.08%             | 2027-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                         | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GB37<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4622000 | PA      | $4664195.62   | 0.07%             | 2035-07-23      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38376CJP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    683212 | PA      | $688680.63    | 0.01%             | 2039-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EAGLE PARENT CORP                               | Eagle Parent Corp                                                                | CUSIP: 26972CAC6<br>LEI: 5493007MVERDD2NKNE42 | Long             | LON              | CORP              | US        |     89353 | PA      | $88757.68     | 0.00%             | 2029-04-02      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| ELEMENT MATERIAL TECHNOL                        | Element Materials Technology Group US Holdings Inc                               | CUSIP: N/A<br>LEI: 213800EGOJGGUKUGEZ30       | Long             | LON              | CORP              | US        |   1148314 | PA      | $1153338.27   | 0.02%             | 2029-06-25      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38377J6Y4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1756051 | PA      | $227879.54    | 0.00%             | 2040-09-20      | Floating      | 1.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38378VU52<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1465880 | PA      | $66468.43     | 0.00%             | 2043-02-20      | Floating      | 1.72%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issu                  | GreenSky Home Improvement Issuer Trust 2024-2                                    | CUSIP: 39571XAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1850000 | PA      | $1867954.25   | 0.03%             | 2059-10-27      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| MOLEX ELECTRONICS TECH                          | Molex Electronic Technologies LLC                                                | CUSIP: 60856BAF1<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |   4658000 | PA      | $4728430.73   | 0.07%             | 2032-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                              | Ardonagh Group Finco Pty Ltd                                                     | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |    284156 | PA      | $282735.12    | 0.00%             | 2031-02-18      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                              | Ardonagh Group Finco Pty Ltd                                                     | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |    281260 | PA      | $279853.47    | 0.00%             | 2031-02-18      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan T                  | Morgan Stanley Mortgage Loan Trust 2006-7                                        | CUSIP: 61749JAE6<br>LEI: 549300E4V6DCTUJSC749 | Long             | ABS-MBS          | CORP              | US        |   1351815 | PA      | $715768.68    | 0.01%             | 2036-06-25      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                  | Morgan Stanley Capital I Trust 2016-UBS11                                        | CUSIP: 61767FBB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  22547312 | PA      | $225412.25    | 0.00%             | 2049-08-15      | Variable      | 1.57%                 | No            |                  2 | On Loan: No      |
| EG AMERICA LLC                                  | EG America LLC                                                                   | CUSIP: N/A<br>LEI: 549300BY1CRYVPEG9R57       | Long             | LON              | CORP              | US        |    625801 | PA      | $629430.37    | 0.01%             | 2028-02-07      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| BANCO DE BOGOTA SA                              | Banco de Bogota SA                                                               | CUSIP: LW0752441<br>LEI: 549300LYHE7LWSKDZT53 | Long             | DBT              | CORP              | CO        |   2000000 | PA      | $2007559.92   | 0.03%             | 2026-05-12      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BALLY'S CORP                                    | Bally's Corp                                                                     | CUSIP: 05875CAB0<br>LEI: 549300NS4D5IK406VT62 | Long             | LON              | CORP              | US        |    719204 | PA      | $638293.68    | 0.01%             | 2028-10-02      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| ASCEND LEARNING LLC                             | Ascend Learning LLC                                                              | CUSIP: 04349HAM6<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |    167545 | PA      | $168173.11    | 0.00%             | 2029-12-10      | Floating      | 10.18%                | No            |                  2 | On Loan: No      |
| FORTREA INC                                     | Fortrea Holdings Inc                                                             | CUSIP: 34965PAD8<br>LEI: 5493000FIVFABOVCDU97 | Long             | LON              | CORP              | US        |     59794 | PA      | $53815.04     | 0.00%             | 2030-07-01      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                              | Ardonagh Group Finco Pty Ltd                                                     | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |     44066 | PA      | $43845.87     | 0.00%             | 2031-02-18      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE FOODS LLC                          | Golden State Foods LLC                                                           | CUSIP: 38121NAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    572139 | PA      | $575600.74    | 0.01%             | 2031-12-04      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE                                       | CommScope LLC                                                                    | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |    961318 | PA      | $974435.18    | 0.01%             | 2029-12-17      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE                                       | CommScope LLC                                                                    | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |         0 | PA      | $0.30         | 0.00%             | 2029-12-17      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| GIP PILOT ACQUISITION PA                        | GIP Pilot Acquisition Partners LP                                                | CUSIP: 31773HAE2<br>LEI: 254900NQOAOPPA12X060 | Long             | LON              | CORP              | US        |    452982 | PA      | $455056.85    | 0.01%             | 2030-10-04      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| GBT US III LLC                                  | GBT US III LLC                                                                   | CUSIP: 36154HAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    553612 | PA      | $555226.28    | 0.01%             | 2031-07-28      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                     | Asurion LLC                                                                      | CUSIP: 04649VBE9<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    240000 | PA      | $233460.00    | 0.00%             | 2030-09-19      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| BANCO INTERNAC DEL PERU                         | Banco Internacional del Peru SAA Interbank                                       | CUSIP: BK3122268<br>LEI: 5493001TRCGXJLRLHN14 | Long             | DBT              | CORP              | PE        |   5777000 | PA      | $5759881.59   | 0.09%             | 2030-07-08      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BANCO INDUSTRIAL SA                             | Banco Industrial SA/Guatemala                                                    | CUSIP: BN7034463<br>LEI: 529900GF99QF67JEQU85 | Long             | DBT              | CORP              | GT        |   2937000 | PA      | $2924517.75   | 0.04%             | 2031-01-29      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| FRIGORIFICO CONCEPCION                          | Frigorifico Concepcion SA                                                        | CUSIP: BQ5541033<br>LEI: 529900Q6VZVL47QJCQ91 | Long             | DBT              | CORP              | PY        |   1031000 | PA      | $801940.28    | 0.01%             | 2028-07-21      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX                           | Chile Electricity Lux Mpc II Sarl                                                | CUSIP: 16882LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |   1800000 | PA      | $1814407.69   | 0.03%             | 2035-10-20      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                   | Citigroup Inc                                                                    | CUSIP: 172967NG2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1984000 | PA      | $1940667.18   | 0.03%             | 2028-02-24      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                   | Citigroup Commercial Mortgage Trust 2016-P5                                      | CUSIP: 17325DAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  63890034 | PA      | $586638.29    | 0.01%             | 2049-10-10      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                   | Citigroup Commercial Mortgage Trust 2019-GC41                                    | CUSIP: 17328FAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4534000 | PA      | $3979800.11   | 0.06%             | 2056-08-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                   | Citigroup Mortgage Loan Trust 2021-RP2                                           | CUSIP: 17329JAK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5674000 | PA      | $4828323.21   | 0.07%             | 2065-03-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                          | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    665000 | PA      | $682884.42    | 0.01%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                   | CitiMortgage Alternative Loan Trust Series 2006-A5                               | CUSIP: 18974BAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     27197 | PA      | $24458.56     | 0.00%             | 2036-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cent CLO LP                                     | Columbia Cent CLO 27 Ltd                                                         | CUSIP: 19736RAY7<br>LEI: 549300066YASG4MIU864 | Long             | ABS-CBDO         | CORP              | US        |   9500000 | PA      | $9520660.60   | 0.15%             | 2035-01-25      | Floating      | 8.37%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-8CB                                                  | CUSIP: 02150FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5452090 | PA      | $2731002.51   | 0.04%             | 2037-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-12T1                                                 | CUSIP: 02150LAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5862076 | PA      | $2607772.23   | 0.04%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                        | Builders FirstSource Inc                                                         | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   1595000 | PA      | $1627415.19   | 0.03%             | 2034-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                        | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    830000 | PA      | $799022.99    | 0.01%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CASTLE US HOLDING CORP                          | Castle US Holding Corp                                                           | CUSIP: 14852LAB9<br>LEI: 254900VXLMLPIE9ID612 | Long             | DBT              | CORP              | US        |    204000 | PA      | $88740.00     | 0.00%             | 2031-06-30      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CENTENE CORP                                    | Centene Corp                                                                     | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   8030000 | PA      | $6919063.95   | 0.11%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora                  | Chase Mortgage Finance Trust Series 2007-S3                                      | CUSIP: 16163HBC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    772277 | PA      | $7.72         | 0.00%             | 2037-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                   | Citigroup Inc                                                                    | CUSIP: 172967QA2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4143000 | PA      | $4191353.74   | 0.06%             | 2031-05-07      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                   | Citigroup Mortgage Loan Trust 2019-A                                             | CUSIP: 17327JBY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  22225579 | PA      | $18499794.03  | 0.28%             | 2058-10-25      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                   | Citigroup Commercial Mortgage Trust 2020-555                                     | CUSIP: 17328EAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3980000 | PA      | $3372817.97   | 0.05%             | 2041-12-10      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                              | CommScope Technologies LLC                                                       | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    400000 | PA      | $389941.68    | 0.01%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31416XLD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    158044 | PA      | $157124.74    | 0.00%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                    | GS Mortgage Securities Corp Trust 2018-RIVR                                      | CUSIP: 36255WAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2588000 | PA      | $135842.83    | 0.00%             | 2035-07-15      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                  | Gray Media Inc                                                                   | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    625000 | PA      | $671921.88    | 0.01%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CBV0<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |  11739000 | PA      | $11392336.30  | 0.18%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                             | JPMorgan Chase & Co                                                              | CUSIP: 46647PEY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4667000 | PA      | $4783946.85   | 0.07%             | 2031-04-22      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| IndyMac IMSC Mortgage Loan Tru                  | IndyMac IMSC Mortgage Loan Trust 2007-HOA1                                       | CUSIP: 45670LAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1264468 | PA      | $832835.47    | 0.01%             | 2047-07-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                      | Intuit Inc                                                                       | CUSIP: 46124HAH9<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |   4131000 | PA      | $4104838.71   | 0.06%             | 2053-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                             | LCM XIV LP                                                                       | CUSIP: 50184VAU8<br>LEI: 549300NGJ6CPPJRPGL08 | Long             | ABS-CBDO         | CORP              | US        |   4000000 | PA      | $3988220.80   | 0.06%             | 2031-07-20      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                     | Legacy Mortgage Asset Trust 2021-GS3                                             | CUSIP: 52474XAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7490968 | PA      | $7434727.68   | 0.11%             | 2061-07-25      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                        | Itau Unibanco Holding SA/Cayman Island                                           | CUSIP: 46556M2A9<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $395787.44    | 0.01%             | 2031-04-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Alternative Loan T                  | JP Morgan Alternative Loan Trust 2005-A2                                         | CUSIP: 46627MCF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1728088 | PA      | $1690658.79   | 0.03%             | 2036-01-25      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                 | Lehman XS Trust Series 2005-9N                                                   | CUSIP: 525221GM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2776980 | PA      | $2579660.20   | 0.04%             | 2036-02-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| M/I HOMES INC                                   | M/I Homes Inc                                                                    | CUSIP: 55305BAS0<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |   1235000 | PA      | $1228024.72   | 0.02%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JSW HYDRO ENERGY LTD                            | JSW Hydro Energy Ltd                                                             | CUSIP: 46653YAA6<br>LEI: 3358006ZP5KO7VUH2790 | Long             | DBT              | CORP              | IN        |    923000 | PA      | $850372.64    | 0.01%             | 2031-05-18      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                         | Laboratory Corp of America Holdings                                              | CUSIP: 50540RBB7<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |  11749000 | PA      | $11491229.41  | 0.18%             | 2034-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                        | Madison Park Funding LXIII Ltd                                                   | CUSIP: 55817GAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1004545.80   | 0.02%             | 2038-07-21      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                          | Marvell Technology Inc                                                           | CUSIP: 573874AQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9062000 | PA      | $9574359.86   | 0.15%             | 2033-09-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                            | LifePoint Health Inc                                                             | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    740000 | PA      | $764357.10    | 0.01%             | 2032-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan T                  | Morgan Stanley Mortgage Loan Trust 2004-1                                        | CUSIP: 61745MWG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19538 | PA      | $14062.09     | 0.00%             | 2033-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan T                  | Morgan Stanley Mortgage Loan Trust 2005-7                                        | CUSIP: 61748HPP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    381114 | PA      | $350820.19    | 0.01%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                          | Motorola Solutions Inc                                                           | CUSIP: 620076CB3<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |   3946000 | PA      | $4013717.15   | 0.06%             | 2032-08-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NEWMONT / NEWCREST FIN                          | Newmont Corp / Newcrest Finance Pty Ltd                                          | CUSIP: 65163LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4612000 | PA      | $4734244.98   | 0.07%             | 2034-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Nomura Home Equity Loan Inc                     | Nomura Home Equity Loan Inc Home Equity Loan Trust Series 2006-AF1               | CUSIP: 65535AAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    488281 | PA      | $100912.46    | 0.00%             | 2036-10-25      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                     | Netflix Inc                                                                      | CUSIP: 64110LBA3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   3549000 | PA      | $3505151.22   | 0.05%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| New Century Home Equity Loan T                  | New Century Home Equity Loan Trust Series 2005-B                                 | CUSIP: 64352VNL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $5208777.60   | 0.08%             | 2035-10-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                         | O'Reilly Automotive Inc                                                          | CUSIP: 67103HAN7<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |   2475000 | PA      | $2452592.98   | 0.04%             | 2034-08-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING                         | Oversea-Chinese Banking Corp Ltd                                                 | CUSIP: 69033CAD1<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |    500000 | PA      | $497485.18    | 0.01%             | 2030-09-10      | Variable      | 1.83%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                  | RALI Series 2006-QS10 Trust                                                      | CUSIP: 751155AD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129107 | PA      | $110332.17    | 0.00%             | 2036-08-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                  | RALI Series 2007-QS3 Trust                                                       | CUSIP: 75116BAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    518318 | PA      | $429904.02    | 0.01%             | 2037-02-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING                         | Oversea-Chinese Banking Corp Ltd                                                 | CUSIP: 69033DAD9<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |   2300000 | PA      | $2288431.81   | 0.04%             | 2030-09-10      | Variable      | 1.83%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                          | Pertamina Persero PT                                                             | CUSIP: 69370RAK3<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |   1700000 | PA      | $1667712.14   | 0.03%             | 2026-02-09      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| SG Commercial Mortgage Securit                  | SG Commercial Mortgage Securities Trust 2016-C5                                  | CUSIP: 78419CAK0<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-MBS          | CORP              | US        |   1789000 | PA      | $1717426.05   | 0.03%             | 2048-10-10      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| SAAVI ENERGIA SARL                              | Saavi Energia Sarl                                                               | CUSIP: 78518PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    800000 | PA      | $835800.00    | 0.01%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Recei                  | Securitized Asset Backed Receivables LLC Trust 2007-BR3                          | CUSIP: 81377NAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17134836 | PA      | $11422150.20  | 0.18%             | 2037-04-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                             | Sirius XM Radio LLC                                                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1093466.83   | 0.02%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partne                  | Pret 2024-NPL6 LLC                                                               | CUSIP: 69381QAA4<br>LEI: 254900RZOKAJE9T5UQ09 | Long             | ABS-MBS          | CORP              | US        |  13386637 | PA      | $13375098.66  | 0.21%             | 2054-10-25      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                                     | Paychex Inc                                                                      | CUSIP: 704326AB3<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |   9243000 | PA      | $9495241.01   | 0.15%             | 2032-04-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SMURFIT KAPPA TREASURY                          | Smurfit Kappa Treasury ULC                                                       | CUSIP: 83272GAD3<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |   4751000 | PA      | $4848740.76   | 0.07%             | 2030-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                            | Sonic Automotive Inc                                                             | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    700000 | PA      | $679690.41    | 0.01%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                        | Permian Resources Operating LLC                                                  | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   3041000 | PA      | $3071181.93   | 0.05%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                        | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    960000 | PA      | $988196.16    | 0.02%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                             | Sound Point CLO XXIV                                                             | CUSIP: 83614NAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7000000 | PA      | $6862339.40   | 0.11%             | 2034-10-25      | Floating      | 8.04%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                             | Sound Point CLO XXVIII Ltd                                                       | CUSIP: 83615CAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4000000 | PA      | $4006410.80   | 0.06%             | 2032-01-25      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                  | Rocket Cos Inc                                                                   | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    575000 | PA      | $586301.63    | 0.01%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ROLLINS INC                                     | Rollins Inc                                                                      | CUSIP: 775711AC8<br>LEI: 549300F2A0BXT4SGWD84 | Long             | DBT              | CORP              | US        |   2075000 | PA      | $2083684.58   | 0.03%             | 2035-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                     | Southern Co/The                                                                  | CUSIP: 842587EB9<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   3330000 | PA      | $3434805.09   | 0.05%             | 2055-03-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| STICHTING ADMINISTRATIEKANTOOR UNIGEL CREDITORS | STICHTING ADMINISTRATIEKANTOOR UNIGEL CREDITORS                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |       261 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| STAPLES INC                                     | Staples Inc                                                                      | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |    795000 | PA      | $756382.95    | 0.01%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                              | THL Credit Wind River 2014-2 CLO Ltd                                             | CUSIP: 88432BAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $910043.60    | 0.01%             | 2031-01-15      | Floating      | 10.27%                | No            |                  2 | On Loan: No      |
| Structured Asset Securities Co                  | Structured Asset Securities Corp                                                 | CUSIP: 86359DBX4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    612475 | PA      | $844.42       | 0.00%             | 2035-03-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                           | Tenet Healthcare Corp                                                            | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    835000 | PA      | $836691.63    | 0.01%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                   | TransDigm Inc                                                                    | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1292686.94   | 0.02%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UBS-Barclays Commercial Mortga                  | UBS-Barclays Commercial Mortgage Trust 2013-C5                                   | CUSIP: 90270YAL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5800000 | PA      | $5267384.84   | 0.08%             | 2046-03-10      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                            | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    625000 | PA      | $566328.82    | 0.01%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Se                  | Wells Fargo Mortgage Backed Securities 2007-7 Trust                              | CUSIP: 94985JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     14606 | PA      | $13756.34     | 0.00%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2020-C58                                   | CUSIP: 95002UAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5510000 | PA      | $4658808.04   | 0.07%             | 2053-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDINGS LLC                           | WR Grace Holdings LLC                                                            | CUSIP: 92943HAB5<br>LEI: 549300WNOVFRGYOAEB12 | Long             | LON              | CORP              | US        |    475000 | PA      | $476287.25    | 0.01%             | 2028-09-22      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                   | UBS Commercial Mortgage Trust 2018-C12                                           | CUSIP: 90353DBE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2896000 | PA      | $2615845.01   | 0.04%             | 2051-08-15      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| UNIGEL LUXEMBOURG SA                            | Unigel Luxembourg SA                                                             | CUSIP: 904752AC6<br>LEI: 213800Y16R77O7LH7X62 | Long             | DBT              | CORP              | BR        |     42630 | PA      | $34316.88     | 0.00%             | 2027-12-31      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| KRONOS ACQUISITION HOLDI                        | Kronos Acquisition Holdings Inc                                                  | CUSIP: 50106JAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    164042 | PA      | $147474.19    | 0.00%             | 2031-07-08      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC                             | Lightning Power LLC                                                              | CUSIP: 53229LAB3<br>LEI: 254900BWCHJ03XRL8K59 | Long             | LON              | CORP              | US        |    751225 | PA      | $753467.41    | 0.01%             | 2031-08-18      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| VT TOPCO INC                                    | VT Topco Inc                                                                     | CUSIP: 91838PAA9<br>LEI: 5493007T812R37X02Y38 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1113136.83   | 0.02%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo                  | Velocity Commercial Capital Loan Trust 2019-1                                    | CUSIP: 92257CAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    523752 | PA      | $472044.85    | 0.01%             | 2049-03-25      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                           | Quikrete Holdings Inc                                                            | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    845000 | PA      | $844894.38    | 0.01%             | 2032-02-10      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| INRETAIL CONSUMER                               | InRetail Consumer                                                                | CUSIP: BO5432337<br>LEI: 254900BI1YXHZ31NSP51 | Long             | DBT              | CORP              | PE        |   2700000 | PA      | $2562978.65   | 0.04%             | 2028-03-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                          | Venture Global LNG Inc                                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    575000 | PA      | $597626.64    | 0.01%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VICTRA HLDG/VICTRA FIN                          | Victra Holdings LLC / Victra Finance Corp                                        | CUSIP: 92648DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1069857.60   | 0.02%             | 2029-09-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| N/A                                             | US 2YR NOTE (CBT) Sep25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     18000 | NC      | $16145849.34  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | US ULTRA BOND CBT Sep25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -305 | NC      | $-1784426.60  | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| VORTEX OPCO LLC                                 | Vortex Opco LLC                                                                  | CUSIP: 92905YAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27360 | PA      | $27018.00     | 0.00%             | 2030-04-30      | Floating      | 10.54%                | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                        | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AC2<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    190000 | PA      | $181622.90    | 0.00%             | 2044-11-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                         | Reliance Industries Ltd                                                          | CUSIP: AQ1070327<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |   1000000 | PA      | $982153.01    | 0.02%             | 2027-11-30      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| WALKER & DUNLOP INC                             | Walker & Dunlop Inc                                                              | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    760000 | PA      | $781738.25    | 0.01%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-1 Trust   | CUSIP: 93934FKN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    337598 | PA      | $319597.22    | 0.00%             | 2036-02-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-8 Trust   | CUSIP: 93935EAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3023241 | PA      | $1024291.87   | 0.02%             | 2036-10-25      | Variable      | 4.11%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2007-2 Trust   | CUSIP: 93936HAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6223115 | PA      | $5132151.53   | 0.08%             | 2037-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                        | Weatherford International Ltd                                                    | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | US        |    335000 | PA      | $345514.72    | 0.01%             | 2030-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2018-C48                                   | CUSIP: 95001RBC2<br>LEI: 549300REQJRID6TODX95 | Long             | ABS-MBS          | CORP              | US        |   3546000 | PA      | $3279211.37   | 0.05%             | 2052-01-15      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2020-C55                                   | CUSIP: 95002EBD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2705000 | PA      | $2447887.32   | 0.04%             | 2053-02-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                          | WESCO Distribution Inc                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    440000 | PA      | $455088.43    | 0.01%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| COSAN OVERSEAS LTD                              | Cosan Overseas Ltd                                                               | CUSIP: EI4473803<br>LEI: 222100V5GTJGKUH55655 | Long             | DBT              | CORP              | BR        |   3731000 | PA      | $3767862.28   | 0.06%             | 2025-08-05      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX                           | Chile Electricity Lux MPC Sarl                                                   | CUSIP: ZI3801118<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |    186000 | PA      | $192930.36    | 0.00%             | 2033-01-20      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| GUARA NORTE SARL                                | Guara Norte Sarl                                                                 | CUSIP: BN9870989<br>LEI: 549300U2I4L03BBA3485 | Long             | DBT              | CORP              | BR        |   1152435 | PA      | $1093019.60   | 0.02%             | 2034-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                            | Michaels Cos Inc/The                                                             | CUSIP: 59408UAB3<br>LEI: 549300H9LWMBP7HYLR98 | Long             | LON              | CORP              | US        |    434011 | PA      | $364840.11    | 0.01%             | 2028-04-17      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| POLARIS NEWCO LLC                               | Polaris Newco LLC                                                                | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |    894710 | PA      | $873147.95    | 0.01%             | 2028-06-05      | Floating      | 8.29%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                  | Sabre GLBL Inc                                                                   | CUSIP: 78571YBF6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    226062 | PA      | $222993.61    | 0.00%             | 2027-12-17      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE ONDEMAND INC                        | Cornerstone OnDemand Inc                                                         | CUSIP: 86803YAB9<br>LEI: 549300Z402F16H5EGH48 | Long             | LON              | CORP              | US        |    282212 | PA      | $265544.29    | 0.00%             | 2028-10-16      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| WESTJET LOYALTY LP                              | WestJet Loyalty LP                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |    409678 | PA      | $410241.53    | 0.01%             | 2031-02-14      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION                        | MITER Brands Acquisition Holdco Inc                                              | CUSIP: 55336CAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    653350 | PA      | $655577.92    | 0.01%             | 2031-03-28      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| HOMESERVE USA HOLDING                           | HomeServe USA Holding Corp                                                       | CUSIP: 43761EAD0<br>LEI: 254900UCR2BMZVFOR729 | Long             | LON              | CORP              | US        |    465300 | PA      | $466319.01    | 0.01%             | 2030-10-21      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| MITCHELL INTERNATIONAL                          | Mitchell International Inc                                                       | CUSIP: 60662WAZ5<br>LEI: 5493002RDNIGEM7SSV41 | Long             | LON              | CORP              | US        |    165000 | PA      | $162978.75    | 0.00%             | 2032-06-17      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                   | TransDigm Inc                                                                    | CUSIP: 89364MCD4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    935300 | PA      | $937764.52    | 0.01%             | 2032-01-20      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                            | LifePoint Health Inc                                                             | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   1040172 | PA      | $1030743.08   | 0.02%             | 2031-05-19      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                  | Sabre GLBL Inc                                                                   | CUSIP: 78571YBK5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    377560 | PA      | $377560.06    | 0.01%             | 2029-11-15      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                  | Sabre GLBL Inc                                                                   | CUSIP: 78571YBL3<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    164447 | PA      | $156841.64    | 0.00%             | 2029-11-15      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| LASERSHIP INC                                   | Lasership Inc                                                                    | CUSIP: 51809EAQ8<br>LEI: 254900NGHREGOQUFUT53 | Long             | LON              | CORP              | US        |    165954 | PA      | $51168.59     | 0.00%             | 2029-08-10      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                           | Hightower Holding LLC                                                            | CUSIP: 43117LAN3<br>LEI: 254900MKOSB7RTMA9K12 | Long             | LON              | CORP              | US        |   1688050 | PA      | $1686648.92   | 0.03%             | 2032-02-03      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| ONEDIGITAL BORROWER LLC                         | OneDigital Borrower LLC                                                          | CUSIP: 68277FAN9<br>LEI: 2549009GTKWWAO1E9X77 | Long             | LON              | CORP              | US        |    978150 | PA      | $977846.77    | 0.02%             | 2031-07-02      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                                      | Kaman Corp                                                                       | CUSIP: N/A<br>LEI: 5493003YK076OLTEQF95       | Long             | LON              | CORP              | US        |    192388 | PA      | $192403.50    | 0.00%             | 2032-02-26      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                                      | Kaman Corp                                                                       | CUSIP: N/A<br>LEI: 5493003YK076OLTEQF95       | Long             | LON              | CORP              | US        |    139991 | PA      | $140002.49    | 0.00%             | 2032-02-26      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| TECTA AMERICA CORP                              | Tecta America Corp                                                               | CUSIP: N/A<br>LEI: 54930083ULRH07WCC129       | Long             | LON              | CORP              | US        |    830000 | PA      | $832855.20    | 0.01%             | 2032-02-18      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                                    | Cotiviti Inc                                                                     | CUSIP: 22164MAF4<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    850000 | PA      | $846991.00    | 0.01%             | 2032-03-29      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                              | Voyager Parent LLC                                                               | CUSIP: N/A<br>LEI: 2549002DYVI4ACSV4V71       | Long             | LON              | CORP              | US        |   1715000 | PA      | $1699753.65   | 0.03%             | 2032-05-10      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| PREGIS TOPCO LLC                                | Pregis TopCo LLC                                                                 | CUSIP: 74045BAG2<br>LEI: 549300LJXHJYHS1GM034 | Long             | LON              | CORP              | US        |    816869 | PA      | $820238.56    | 0.01%             | 2029-02-01      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                         | Beach Acquisition Bidco LLC                                                      | CUSIP: N/A<br>LEI: 254900F2FNX3GBTB6202       | Long             | LON              | CORP              | US        |    375000 | PA      | $377343.75    | 0.01%             | 2032-06-28      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                 | Cemex SAB de CV                                                                  | CUSIP: BP9277479<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    800000 | PA      | $787363.92    | 0.01%             | 2026-06-08      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| CIA DE MINAS BUENAVENTUR                        | Cia de Minas Buenaventura SAA                                                    | CUSIP: BQ6428909<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |   1200000 | PA      | $1200216.00   | 0.02%             | 2026-07-23      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                              | Morocco Government International Bond                                            | CUSIP: BM9763137<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    600000 | PA      | $409410.11    | 0.01%             | 2050-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                        | Comision Federal de Electricidad                                                 | CUSIP: 200447AP5<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |   1300000 | PA      | $1284780.12   | 0.02%             | 2035-01-24      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| FMC GMSR Issuer Trust                           | FMC GMSR Issuer Trust                                                            | CUSIP: 30259RAK1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16440000 | PA      | $15661181.30  | 0.24%             | 2026-10-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3128LXBH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    181893 | PA      | $184692.07    | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DQJN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  37717901 | PA      | $31831042.07  | 0.49%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132E0KD3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17935603 | PA      | $18058116.08  | 0.28%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                 | Fannie Mae Interest Strip                                                        | CUSIP: 3136FKSM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     77855 | PA      | $7354.69      | 0.00%             | 2039-11-25      | Floating      | 1.03%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137A6XX5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    286295 | PA      | $297645.57    | 0.00%             | 2034-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31394RHM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21170 | PA      | $21611.26     | 0.00%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31396CBT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26426 | PA      | $2374.07      | 0.00%             | 2035-10-15      | Floating      | 2.31%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31396HZ77<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     92835 | PA      | $96626.28     | 0.00%             | 2036-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31397PCT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     89814 | PA      | $6114.12      | 0.00%             | 2037-11-15      | Floating      | 1.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31398CKP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     44386 | PA      | $42357.09     | 0.00%             | 2038-06-15      | Variable      | 3.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31398KC40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     99222 | PA      | $8733.16      | 0.00%             | 2049-10-15      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XNAK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2075452 | PA      | $2151112.70   | 0.03%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XNFS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6028063 | PA      | $5073534.84   | 0.08%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418D3H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8185548 | PA      | $6815167.41   | 0.10%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| First American Government Obli                  | First American Government Obligations Fund                                       | CUSIP: 31846V211<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  69500577 | NS      | $69500577.22  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GCAT                                            | GCAT 2021-NQM6 Trust                                                             | CUSIP: 36167KAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6944000 | PA      | $5267896.86   | 0.08%             | 2066-08-25      | Variable      | 3.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae II Pool                                                               | CUSIP: 3622ACEM8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3755624 | PA      | $3470320.74   | 0.05%             | 2050-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                             | Gilead Sciences Inc                                                              | CUSIP: 375558CA9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |   2554000 | PA      | $2522973.70   | 0.04%             | 2053-10-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| LFS TOPCO LLC                                   | LFS Topco LLC                                                                    | CUSIP: 50203TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    870000 | PA      | $870486.64    | 0.01%             | 2026-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LIONS GATE CAPITAL HOLD                         | Starz Capital Holdings LLC                                                       | CUSIP: 53627NAE1<br>LEI: 549300MWJHNLR35C0837 | Long             | DBT              | CORP              | US        |    170000 | PA      | $141797.00    | 0.00%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities                   | Mastr Asset Backed Securities Trust 2005-NC2                                     | CUSIP: 57643LMN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10250766 | PA      | $5788212.83   | 0.09%             | 2035-11-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| MENLO CLO                                       | Menlo CLO I Ltd                                                                  | CUSIP: 586915AA8<br>LEI: 2549005RHPY3C68SIP61 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $3011358.90   | 0.05%             | 2038-01-20      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| MERLIN ENTERTAINMENTS GR                        | Merlin Entertainments Group US Holdings Inc                                      | CUSIP: 59010UAA5<br>LEI: 549300HBQPPKS1187K54 | Long             | DBT              | CORP              | GB        |   2095000 | PA      | $1873441.60   | 0.03%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                          | Galaxy Pipeline Assets Bidco Ltd                                                 | CUSIP: BO0130373<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | AE        |   1678156 | PA      | $1378049.00   | 0.02%             | 2040-09-30      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| GAINWELL ACQUISITION COR                        | Gainwell Acquisition Corp                                                        | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1361385 | PA      | $1314757.85   | 0.02%             | 2027-10-01      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| GOGO INTERMEDIATE HOLDIN                        | Gogo Intermediate Holdings LLC                                                   | CUSIP: 38046JAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    453734 | PA      | $446503.75    | 0.01%             | 2028-04-28      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                                   | Life Time Inc                                                                    | CUSIP: 50218KAM0<br>LEI: 549300PALKE96VYH4X17 | Long             | LON              | CORP              | US        |    578550 | PA      | $580791.88    | 0.01%             | 2031-11-05      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                          | Cloud Software Group Inc                                                         | CUSIP: 88632NBE9<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |      1988 | PA      | $1993.59      | 0.00%             | 2031-03-24      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Cengage Learning, Inc.                          | Cengage Learning, Inc., Senior Secured First Lien Term Loan                      | CUSIP: 15131YAQ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    199284 | PA      | $199993.10    | 0.00%             | 2031-03-22      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| CENGAGE LEARNING INC                            | Cengage Learning Inc                                                             | CUSIP: 15131YAQ8<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |    341636 | PA      | $342851.88    | 0.01%             | 2031-03-24      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| FIEMEX ENERGIA - BANC AC                        | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple                 | CUSIP: YV7122034<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1590801 | PA      | $1616094.27   | 0.02%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                      | AMSR 2023-SFR2 Trust                                                             | CUSIP: 00178YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8900000 | PA      | $8689948.43   | 0.13%             | 2040-06-17      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                          | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    965000 | PA      | $979521.32    | 0.02%             | 2032-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ADANI INTERNATIONAL CONT                        | Adani International Container Terminal Pvt Ltd                                   | CUSIP: 00654UAA0<br>LEI: 335800J4SLERP6S94P28 | Long             | DBT              | CORP              | IN        |   1200000 | PA      | $1057527.24   | 0.02%             | 2031-02-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                        | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   4598000 | PA      | $4780884.99   | 0.07%             | 2055-03-10      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                        | Agree LP                                                                         | CUSIP: 008513AC7<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              | CORP              | US        |   2457000 | PA      | $2047609.30   | 0.03%             | 2033-06-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                        | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    735000 | PA      | $749589.02    | 0.01%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AlphaFlow Transitional Mortgag                  | AlphaFlow Transitional Mortgage Trust 2021-WL1                                   | CUSIP: 02079YAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    910728 | PA      | $863834.88    | 0.01%             | 2026-01-25      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-12T1                                                 | CUSIP: 02150LAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    925796 | PA      | $411844.65    | 0.01%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                             | American Express Co                                                              | CUSIP: 025816EF2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  10321000 | PA      | $10541585.78  | 0.16%             | 2031-04-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                          | AngloGold Ashanti Holdings PLC                                                   | CUSIP: 03512TAF8<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | ZA        |   2400000 | PA      | $2292129.70   | 0.04%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Argent Securities Inc.                          | Argent Securities Trust 2006-M1                                                  | CUSIP: 04012MAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10572907 | PA      | $2847665.64   | 0.04%             | 2036-07-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                         | Arthur J Gallagher & Co                                                          | CUSIP: 04316JAL3<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   2839000 | PA      | $2882424.97   | 0.04%             | 2029-12-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                           | Athene Global Funding                                                            | CUSIP: 04685A4C2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   5732000 | PA      | $5722137.18   | 0.09%             | 2029-10-08      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                  | AutoNation Inc                                                                   | CUSIP: 05329WAT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4040000 | PA      | $4100322.69   | 0.06%             | 2035-03-15      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                              | BMO 2024-5C3 Mortgage Trust                                                      | CUSIP: 09660QAW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    653000 | PA      | $678554.63    | 0.01%             | 2057-02-15      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                    | Broadcom Inc                                                                     | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |  12173000 | PA      | $9653543.23   | 0.15%             | 2041-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                   | CAFL 2021-RTL1 Issuer LLC                                                        | CUSIP: 12468RAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2380021 | PA      | $2380127.97   | 0.04%             | 2029-03-28      | Variable      | 4.24%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                        | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    780000 | PA      | $667467.53    | 0.01%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                   | CitiMortgage Alternative Loan Trust Series 2007-A2                               | CUSIP: 12566UAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6179954 | PA      | $5532559.76   | 0.09%             | 2037-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2005-20CB                                                 | CUSIP: 12667GPT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     55841 | PA      | $44631.42     | 0.00%             | 2035-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2005-J10                                                  | CUSIP: 12668ABK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     57829 | PA      | $33747.28     | 0.00%             | 2035-10-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                          | CHL Mortgage Pass-Through Trust 2005-28                                          | CUSIP: 126694PM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    137533 | PA      | $70789.70     | 0.00%             | 2019-01-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                           | Caesars Entertainment Inc                                                        | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1715000 | PA      | $1682992.78   | 0.03%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                          | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PVQ4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   4895000 | PA      | $5015949.72   | 0.08%             | 2031-01-13      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Canyon CLO 2021-3 Ltd                           | Canyon CLO 2021-3 Ltd                                                            | CUSIP: 13875MAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1011010.00   | 0.02%             | 2034-07-15      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                   | Carnival Corp                                                                    | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1932008.51   | 0.03%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                   | Carnival Corp                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   1656000 | PA      | $1695374.71   | 0.03%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                  | Carvana Auto Receivables Trust 2024-P3                                           | CUSIP: 146919AD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5450000 | PA      | $5451385.39   | 0.08%             | 2030-09-10      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| CHILE ELEC PEC SPA                              | Chile Electricity PEC SpA                                                        | CUSIP: 168831AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |   4870841 | PA      | $4306066.62   | 0.07%             | 2028-01-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                   | Citigroup Mortgage Loan Trust 2007-OPX1                                          | CUSIP: 17311FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3705480 | PA      | $1642490.51   | 0.03%             | 2037-01-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                   | Citigroup Inc                                                                    | CUSIP: 17327CAR4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2366000 | PA      | $2477748.07   | 0.04%             | 2034-05-25      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                   | Citigroup Mortgage Loan Trust 2021-RP2                                           | CUSIP: 17329JAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12946942 | PA      | $10691286.71  | 0.16%             | 2065-03-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                        | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $254572.34    | 0.00%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                          | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    655000 | PA      | $647615.60    | 0.01%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                            | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    825000 | PA      | $812983.05    | 0.01%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                          | Commonwealth Edison Co                                                           | CUSIP: 202795KB5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |   4715000 | PA      | $4886685.74   | 0.08%             | 2055-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I                  | CyrusOne Data Centers Issuer I LLC                                               | CUSIP: 23284BAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2042054.40   | 0.03%             | 2050-02-20      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                   | DTE Energy Co                                                                    | CUSIP: 233331BL0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   7346000 | PA      | $7688509.97   | 0.12%             | 2034-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| DANA INC                                        | Dana Inc                                                                         | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    410000 | PA      | $411661.73    | 0.01%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                        | Devon Energy Corp                                                                | CUSIP: 25179MBH5<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   2168000 | PA      | $1953560.32   | 0.03%             | 2054-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                           | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1105000 | PA      | $1102084.16   | 0.02%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                | Duke Energy Corp                                                                 | CUSIP: 26441CAY1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   6222000 | PA      | $4685121.14   | 0.07%             | 2047-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ELEMENT FLEET MANAGEMENT                        | Element Fleet Management Corp                                                    | CUSIP: 286181AK8<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |   4604000 | PA      | $4857831.13   | 0.07%             | 2028-12-04      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| ELEMENT FLEET MANAGEMENT                        | Element Fleet Management Corp                                                    | CUSIP: 286181AP7<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |   4720000 | PA      | $4763631.11   | 0.07%             | 2030-03-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                        | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 29103CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1340682.82   | 0.02%             | 2030-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                          | Extra Space Storage LP                                                           | CUSIP: 30225VAS6<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   4782000 | PA      | $4859489.35   | 0.07%             | 2034-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJVQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2505272 | PA      | $2233028.08   | 0.03%             | 2045-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJZB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    589728 | PA      | $522790.10    | 0.01%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DSM74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14302255 | PA      | $14822099.31  | 0.23%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3138ERP79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    610944 | PA      | $596807.18    | 0.01%             | 2031-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140FF3X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6790050 | PA      | $5808061.25   | 0.09%             | 2046-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140HT5D7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17450500 | PA      | $15952885.70  | 0.25%             | 2034-07-01      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140NYN72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5208970 | PA      | $5215487.05   | 0.08%             | 2030-06-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140QUUS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  25565358 | PA      | $25891272.59  | 0.40%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140X8CM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14612848 | PA      | $12347293.38  | 0.19%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XMAT3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  27513111 | PA      | $23120218.26  | 0.36%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31417YJJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     95503 | PA      | $95891.40     | 0.00%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae II Pool                                                               | CUSIP: 3622ABR61<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  28427814 | PA      | $25085102.87  | 0.39%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD                         | Global Aircraft Leasing Co Ltd                                                   | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2075000 | PA      | $2129699.08   | 0.03%             | 2027-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38379CT89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2373973 | PA      | $221123.00    | 0.00%             | 2044-07-20      | Floating      | 1.17%                 | No            |                  2 | On Loan: No      |
| GRAN TIERRA ENERGY INC                          | Gran Tierra Energy Inc                                                           | CUSIP: 38500TAC5<br>LEI: 549300IH2S17MAIUCM32 | Long             | DBT              | CORP              | CO        |    700000 | PA      | $533270.29    | 0.01%             | 2029-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| 200 PARK FUNDING TRUST                          | 200 Park Funding Trust                                                           | CUSIP: 901928AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5660000 | PA      | $5589080.82   | 0.09%             | 2055-02-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| DG INVESTMENT INTERMEDI                         | DG Investment Intermediate Holdings 2 Inc                                        | CUSIP: 23344MAF5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250000 | PA      | $249140.00    | 0.00%             | 2029-03-29      | Floating      | 11.19%                | No            |                  2 | On Loan: No      |
| AVEANNA HEALTHCARE LLC                          | Aveanna Healthcare LLC                                                           | CUSIP: 05355JAD0<br>LEI: 5493006D6JRLPIY8YV18 | Long             | LON              | CORP              | US        |    243366 | PA      | $239532.55    | 0.00%             | 2029-12-10      | Floating      | 11.48%                | No            |                  2 | On Loan: No      |
| EISNER ADVISORY GROUP LL                        | Eisner Advisory Group LLC                                                        | CUSIP: 28259HAG6<br>LEI: 549300TV33NKCG2ZE467 | Long             | LON              | CORP              | US        |    914167 | PA      | $919309.12    | 0.01%             | 2031-02-28      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTRIAL SERVICE                        | Brand Industrial Services Inc                                                    | CUSIP: 10524MAS6<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |    706466 | PA      | $594183.71    | 0.01%             | 2030-08-01      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                        | BroadStreet Partners Inc                                                         | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |    809825 | PA      | $811707.54    | 0.01%             | 2031-06-16      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                              | Ardonagh Group Finco Pty Ltd                                                     | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |     42287 | PA      | $42075.86     | 0.00%             | 2031-02-18      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                              | Ardonagh Group Finco Pty Ltd                                                     | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |    117845 | PA      | $117255.99    | 0.00%             | 2031-02-18      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                              | Ardonagh Group Finco Pty Ltd                                                     | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |     52823 | PA      | $52558.53     | 0.00%             | 2031-02-18      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| BURLINGTON COAT FACTORY                         | Burlington Coat Factory Warehouse Corp                                           | CUSIP: 121575AL8<br>LEI: 549300SIFDMGE3Y2SW49 | Long             | LON              | CORP              | US        |    175000 | PA      | $174562.50    | 0.00%             | 2031-09-19      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| ACURIS FINANCE US INC                           | Acuris Finance US Inc                                                            | CUSIP: 00510DAF1<br>LEI: 213800PHEXJH1L7ZN896 | Long             | LON              | CORP              | US        |    650017 | PA      | $651440.22    | 0.01%             | 2028-02-16      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| DUN & BRADSTREET CORP                           | Dun & Bradstreet Corp/The                                                        | CUSIP: 26483NAW0<br>LEI: RI37BMPWE56BCJ747E14 | Long             | LON              | CORP              | US        |    763424 | PA      | $763710.18    | 0.01%             | 2029-01-18      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| AI AQUA MERGER SUB INC                          | AI Aqua Merger Sub Inc                                                           | CUSIP: 00132UAP9<br>LEI: 5493005QMH1D47U26R45 | Long             | LON              | CORP              | US        |   1527585 | PA      | $1527141.64   | 0.02%             | 2028-07-31      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| CASTLE US HOLDING CORP                          | Castle US Holding Corp                                                           | CUSIP: 14852DAJ0<br>LEI: 254900VXLMLPIE9ID612 | Long             | LON              | CORP              | US        |    299837 | PA      | $165097.68    | 0.00%             | 2030-05-31      | Floating      | 8.84%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                             | Braskem Netherlands Finance BV                                                   | CUSIP: ZQ3579112<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | BR        |   1000000 | PA      | $775759.43    | 0.01%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CENCOSUD SA                                     | Cencosud SA                                                                      | CUSIP: AO3440754<br>LEI: 549300NLTGCFV7482429 | Long             | DBT              | CORP              | CL        |    400000 | PA      | $397107.80    | 0.01%             | 2027-07-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ADANI TRANS STEP-ONE LTD                        | Adani Transmission Step-One Ltd                                                  | CUSIP: QZ0784251<br>LEI: 335800Z8CGS7O7D72N41 | Long             | DBT              | CORP              | IN        |   1800000 | PA      | $1781529.66   | 0.03%             | 2026-08-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ADANI TRANS STEP-ONE LTD                        | Adani Transmission Step-One Ltd                                                  | CUSIP: ZQ5578609<br>LEI: 335800Z8CGS7O7D72N41 | Long             | DBT              | CORP              | IN        |   2008550 | PA      | $1711462.16   | 0.03%             | 2036-05-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HERO Funding Trust                              | HERO Funding Trust 2016-1                                                        | CUSIP: 42770VAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1031710 | PA      | $977225.32    | 0.02%             | 2041-09-20      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| HEXCEL CORP                                     | Hexcel Corp                                                                      | CUSIP: 428291AP3<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |   2821000 | PA      | $2871510.29   | 0.04%             | 2035-02-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ICON INVESTMENTS SIX DAC                        | Icon Investments Six DAC                                                         | CUSIP: 45115AAB0<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | US        |   2440000 | PA      | $2532353.85   | 0.04%             | 2029-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| LINEAGE OP LP                                   | Lineage OP LP                                                                    | CUSIP: 53567YAA7<br>LEI: 254900CSRDL1G4SRQE89 | Long             | DBT              | CORP              | US        |   4789000 | PA      | $4819910.36   | 0.07%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LoanCore 2021-CRE5 Issuer, Ltd                  | LoanCore 2021-CRE5 Issuer Ltd                                                    | CUSIP: 53947XAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $4942220.00   | 0.08%             | 2036-07-15      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                             | Station Casinos LLC                                                              | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    625000 | PA      | $639460.73    | 0.01%             | 2032-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Co                  | Structured Asset Securities Corp                                                 | CUSIP: 86359DBW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    612475 | PA      | $551216.79    | 0.01%             | 2035-03-25      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                        | Suburban Propane Partners LP/Suburban Energy Finance Corp                        | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    685000 | PA      | $648504.67    | 0.01%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tesla Sustainable Energy Trust                  | Tesla Sustainable Energy Trust 2024-1                                            | CUSIP: 88164AAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3600000 | PA      | $3617750.52   | 0.06%             | 2050-06-21      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT                        | Lima Metro Line 2 Finance Ltd                                                    | CUSIP: EK9717506<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | PE        |   4373062 | PA      | $4438084.55   | 0.07%             | 2034-07-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| INEOS US PETROCHEM LLC                          | INEOS US Petrochem LLC                                                           | CUSIP: G4770MAL8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    514625 | PA      | $480531.50    | 0.01%             | 2029-03-29      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| TELFON CELUAR DEL PARAGU                        | Telefonica Celular del Paraguay SA                                               | CUSIP: AX9193928<br>LEI: 254900R8A8IKGF4THL54 | Long             | DBT              | CORP              | PY        |    500000 | PA      | $498127.50    | 0.01%             | 2027-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                      | AMSR 2021-SFR2 Trust                                                             | CUSIP: 00179VAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4364174.25   | 0.07%             | 2038-08-17      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| ACUSHNET CO                                     | Acushnet Co                                                                      | CUSIP: 005095AA2<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |    620000 | PA      | $647017.74    | 0.01%             | 2028-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                        | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1269167.28   | 0.02%             | 2030-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                              | Ardonagh Finco Ltd                                                               | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | GB        |   1305000 | PA      | $1365341.90   | 0.02%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DSND0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  18589515 | PA      | $19089023.63  | 0.29%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DVMK8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17011809 | PA      | $17215211.81  | 0.26%             | 2053-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3133KR5C4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  36227505 | PA      | $36478595.87  | 0.56%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136A24U4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    961474 | PA      | $927357.91    | 0.01%             | 2042-01-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136BVYM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6010914 | PA      | $6023923.29   | 0.09%             | 2054-06-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137HKV76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14305694 | PA      | $14280472.88  | 0.22%             | 2054-09-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31394NGC6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    516748 | PA      | $537931.88    | 0.01%             | 2033-12-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31395WNC7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     54732 | PA      | $4239.48      | 0.00%             | 2035-07-15      | Floating      | 2.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31396QCR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18281 | PA      | $1596.41      | 0.00%             | 2039-07-25      | Floating      | 1.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31396VHJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180433 | PA      | $21039.25     | 0.00%             | 2037-04-25      | Floating      | 2.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398T5K3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18691 | PA      | $20628.19     | 0.00%             | 2040-09-25      | Floating      | 2.86%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418PM36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2096 | PA      | $2095.47      | 0.00%             | 2030-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3142GGPU2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  26447449 | PA      | $24832807.55  | 0.38%             | 2034-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                          | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $235519.66    | 0.00%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                | GGAM Finance Ltd                                                                 | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | IE        |   1290000 | PA      | $1336863.12   | 0.02%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                   | GS Mortgage-Backed Securities Trust 2020-NQM1                                    | CUSIP: 36259WAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7546000 | PA      | $7120166.39   | 0.11%             | 2060-09-27      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| GATES CORPORATION/DE                            | Gates Corp/DE                                                                    | CUSIP: 367398AA2<br>LEI: 984500F43C791F4C7894 | Long             | DBT              | CORP              | US        |    825000 | PA      | $857684.03    | 0.01%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                          | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BR1<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    585000 | PA      | $561297.15    | 0.01%             | 2031-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38379EGW6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1777176 | PA      | $242120.69    | 0.00%             | 2044-08-20      | Floating      | 1.77%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOB FUND                         | Guardian Life Global Funding                                                     | CUSIP: 40139LBK8<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |   4152000 | PA      | $4225964.31   | 0.06%             | 2030-04-28      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                               | Herc Holdings Inc                                                                | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    625000 | PA      | $653113.96    | 0.01%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                         | Hyundai Capital America                                                          | CUSIP: 44891ACU9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   9420000 | PA      | $9574877.99   | 0.15%             | 2029-01-08      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                               | INEOS Finance PLC                                                                | CUSIP: 44984WAJ6<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | LU        |    570000 | PA      | $571893.54    | 0.01%             | 2029-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ILLUMINATE BUYER/HLDG                           | Illuminate Buyer LLC / Illuminate Holdings IV Inc                                | CUSIP: 45232TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1196646.15   | 0.02%             | 2028-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Impac Secured Assets Corp.                      | Impac Secured Assets Trust 2006-5                                                | CUSIP: 45257EAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  20296395 | PA      | $18698658.69  | 0.29%             | 2037-02-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                               | Imperial Fund Mortgage Trust 2021-NQM4                                           | CUSIP: 45276JAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2728000 | PA      | $2095309.15   | 0.03%             | 2057-01-25      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                        | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                       | CUSIP: 46590XAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |   3822000 | PA      | $3564197.31   | 0.05%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                  | JP Morgan Chase Commercial Mortgage Securities Trust 2020-LOOP                   | CUSIP: 46651WAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7958000 | PA      | $1338543.56   | 0.02%             | 2038-12-05      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                | BAT Capital Corp                                                                 | CUSIP: 05526DCC7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | GB        |   4780000 | PA      | $4866039.33   | 0.07%             | 2035-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan US Government Money M                  | JPMorgan US Government Money Market Fund                                         | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |  69500577 | NS      | $69500577.22  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI                        | Adani Electricity Mumbai Ltd                                                     | CUSIP: ZP9004422<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |   1900000 | PA      | $1704058.51   | 0.03%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                         | BPCE SA                                                                          | CUSIP: 05571ABA2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   5384000 | PA      | $5656797.21   | 0.09%             | 2036-01-14      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                         | Beach Acquisition Bidco LLC                                                      | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    330000 | PA      | $342874.95    | 0.01%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AI CANDELARIA -SPAIN- SA                        | AI Candelaria -spain- SA                                                         | CUSIP: AV1352799<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | CO        |    812496 | PA      | $811580.74    | 0.01%             | 2028-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ADMI CORP                                       | ADMI Corp                                                                        | CUSIP: 00709LAJ6<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |   1622324 | PA      | $1551347.16   | 0.02%             | 2027-12-23      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                     | Bell Telephone Co of Canada or Bell Canada                                       | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |   2894000 | PA      | $2973624.27   | 0.05%             | 2055-09-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                        | Benchmark 2020-B18 Mortgage Trust                                                | CUSIP: 08163ABR3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4598000 | PA      | $4546115.25   | 0.07%             | 2053-07-15      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| GRAY TELEVISION INC                             | Gray Media Inc                                                                   | CUSIP: 389376AZ7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |    463686 | PA      | $450144.02    | 0.01%             | 2028-12-01      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT L                        | Fertitta Entertainment LLC/NV                                                    | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |   1610417 | PA      | $1610481.48   | 0.02%             | 2029-01-29      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                | Berry Global Inc                                                                 | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1802000 | PA      | $1801223.88   | 0.03%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                      | Biogen Inc                                                                       | CUSIP: 09062XAN3<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |   4647000 | PA      | $4732731.81   | 0.07%             | 2031-01-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| APPLIED SYSTEMS INC                             | Applied Systems Inc                                                              | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |    330000 | PA      | $339198.75    | 0.01%             | 2032-02-23      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                            | Alpha Generation LLC                                                             | CUSIP: 02072UAC6<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |   1183105 | PA      | $1182904.07   | 0.02%             | 2031-09-30      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                            | Birch Grove CLO 5 Ltd                                                            | CUSIP: 090976AL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10000000 | PA      | $10044914.00  | 0.15%             | 2037-10-20      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                          | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2570000 | PA      | $2491736.69   | 0.04%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HEXION HOLDINGS CORP                            | Hexion Holdings Corp                                                             | CUSIP: 00217XAE6<br>LEI: 549300LBB370MUHGLV84 | Long             | LON              | CORP              | US        |    848956 | PA      | $848157.78    | 0.01%             | 2029-03-15      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                            | Garda World Security Corp                                                        | CUSIP: C4000KAG9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |    649205 | PA      | $651185.00    | 0.01%             | 2029-02-01      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| GFL ES US LLC                                   | GFL ES US LLC                                                                    | CUSIP: 36257SAB8<br>LEI: 254900PGDQWC19PRP053 | Long             | LON              | CORP              | US        |   1275000 | PA      | $1277390.63   | 0.02%             | 2032-03-03      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                               | Herc Holdings Inc                                                                | CUSIP: N/A<br>LEI: 549300TP80QLITMSBP82       | Long             | LON              | CORP              | US        |    220000 | PA      | $221100.00    | 0.00%             | 2032-06-02      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                   | CitiMortgage Alternative Loan Trust Series 2007-A5                               | CUSIP: 12566WAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2786588 | PA      | $2590840.02   | 0.04%             | 2037-05-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                    | CaixaBank SA                                                                     | CUSIP: 12803RAH7<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   4485000 | PA      | $4695073.00   | 0.07%             | 2035-06-15      | Variable      | 6.04%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                         | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: BK4991398<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    700000 | PA      | $674822.75    | 0.01%             | 2027-08-04      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                         | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: BN7410036<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |   1200000 | PA      | $1016300.64   | 0.02%             | 2031-02-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                          | Canyon Capital CLO 2014-1 Ltd                                                    | CUSIP: 13875LAU2<br>LEI: 549300W778MFSPI8C872 | Long             | ABS-CBDO         | CORP              | US        |   2750000 | PA      | $2758584.68   | 0.04%             | 2031-01-30      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitiza                  | Castlelake Aircraft Structured Trust 2021-1                                      | CUSIP: 14856GAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1579649 | PA      | $1541936.04   | 0.02%             | 2046-01-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Citicorp Mortgage Securities,                   | Citicorp Mortgage Securities Inc                                                 | CUSIP: 172973M97<br>LEI: 549300ISEJNGWSXAKR30 | Long             | ABS-MBS          | CORP              | US        |     18027 | PA      | $17653.98     | 0.00%             | 2035-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                   | Citigroup Mortgage Loan Trust 2021-RP2                                           | CUSIP: 17329JAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4752000 | PA      | $3897864.59   | 0.06%             | 2065-03-25      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                   | Citigroup Mortgage Loan Trust 2021-RP2                                           | CUSIP: 17329JAM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4413000 | PA      | $3446831.90   | 0.05%             | 2065-03-25      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                  | Residential Asset Securitization Trust 2005-A11CB                                | CUSIP: 45660LA74<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    219124 | PA      | $92611.63     | 0.00%             | 2035-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                         | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1330040.54   | 0.02%             | 2029-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                            | Kyndryl Holdings Inc                                                             | CUSIP: 50155QAM2<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   9062000 | PA      | $7227667.42   | 0.11%             | 2041-10-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| LSTAR Commercial Mortgage Trus                  | Lstar Commercial Mortgage Trust 2016-4                                           | CUSIP: 50219QAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5425000 | PA      | $5262288.52   | 0.08%             | 2049-03-10      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                           | Level 3 Financing Inc                                                            | CUSIP: 527298CD3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    890000 | PA      | $809900.00    | 0.01%             | 2030-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                                   | Life Time Inc                                                                    | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |   1335000 | PA      | $1357127.63   | 0.02%             | 2031-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                        | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAF5<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |   2512000 | PA      | $2541762.18   | 0.04%             | 2028-03-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                               | Magnetite XXIII Ltd                                                              | CUSIP: 55954NAQ2<br>LEI: 549300WG00K34O9YA435 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2013430.00   | 0.03%             | 2035-01-25      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| Marble Point CLO XXV Ltd                        | Marble Point Clo XXV Ltd                                                         | CUSIP: 565923AU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1512373.35   | 0.02%             | 2036-10-20      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| MASTR Alternative Loans Trust                   | MASTR Alternative Loan Trust 2005-2                                              | CUSIP: 576434J47<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     73761 | PA      | $58373.16     | 0.00%             | 2035-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                     | McAfee Corp                                                                      | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    255000 | PA      | $241067.75    | 0.00%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                 | McDonald's Corp                                                                  | CUSIP: 58013MFC3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |   5476000 | PA      | $4632510.86   | 0.07%             | 2047-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER/MEDL CO                        | Medline Borrower LP/Medline Co-Issuer Inc                                        | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    765000 | PA      | $786828.51    | 0.01%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan T                  | Morgan Stanley Mortgage Loan Trust 2007-2AX                                      | CUSIP: 61751TAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  23781594 | PA      | $8084253.11   | 0.12%             | 2036-12-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                       | Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33                      | CUSIP: 61767CAZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6364000 | PA      | $6130031.99   | 0.09%             | 2050-05-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| MOVIDA EUROPE SA                                | Movida Europe SA                                                                 | CUSIP: 62459LAC3<br>LEI: 549300YRJE0V6QKU7C86 | Long             | DBT              | CORP              | BR        |   1400000 | PA      | $1293473.72   | 0.02%             | 2029-04-11      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                  | NRG Energy Inc                                                                   | CUSIP: 629377CW0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    745000 | PA      | $752890.30    | 0.01%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                               | NatWest Group PLC                                                                | CUSIP: 639057AV0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   5786000 | PA      | $5882767.26   | 0.09%             | 2031-05-23      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                    | NiSource Inc                                                                     | CUSIP: 65473PAU9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   4149000 | PA      | $4109818.75   | 0.06%             | 2055-04-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                           | Northrop Grumman Corp                                                            | CUSIP: 666807CM2<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |   4976000 | PA      | $4641247.41   | 0.07%             | 2054-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 27                  | Octagon Investment Partners 27 Ltd                                               | CUSIP: 67590XAS1<br>LEI: 6354001JUH8Y4IJVGL43 | Long             | ABS-CBDO         | CORP              | US        |  10000000 | PA      | $10109897.00  | 0.16%             | 2030-07-15      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| PSEG POWER LLC                                  | PSEG Power LLC                                                                   | CUSIP: 69362BBD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1626000 | PA      | $1659964.94   | 0.03%             | 2030-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                        | Permian Resources Operating LLC                                                  | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   1220000 | PA      | $1265514.54   | 0.02%             | 2032-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                        | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp               | CUSIP: 74052HAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $215156.25    | 0.00%             | 2029-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD                        | Primo Water Holdings Inc / Triton Water Holdings Inc                             | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    785000 | PA      | $791123.42    | 0.01%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                      | Progress Residential 2021-SFR8 Trust                                             | CUSIP: 74333TAN9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5100000 | PA      | $4955642.97   | 0.08%             | 2038-10-17      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                        | Prudential Financial Inc                                                         | CUSIP: 74432QCK9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   3094000 | PA      | $3128789.65   | 0.05%             | 2035-03-14      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                  | RALI Series 2006-QS6 Trust                                                       | CUSIP: 74922EAT6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1509 | PA      | $0.02         | 0.00%             | 2021-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ReadyCap Commercial Mortgage T                  | Ready Capital Mortgage Financing 2021-FL7 LLC                                    | CUSIP: 75575WAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4750000 | PA      | $4764573.00   | 0.07%             | 2036-11-25      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| RENTOKIL TERMINIX LLC                           | Rentokil Terminix Funding LLC                                                    | CUSIP: 760130AA2<br>LEI: 984500D5BAA7560EKJ44 | Long             | DBT              | CORP              | US        |   4734000 | PA      | $4769118.56   | 0.07%             | 2030-04-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor A                  | Research-Driven Pagaya Motor Asset Trust 2025-3                                  | CUSIP: 76090QAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5027473.50   | 0.08%             | 2034-02-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BPRL INTERNATIONAL SINGA                        | BPRL International Singapore Pte Ltd                                             | CUSIP: AM0189861<br>LEI: 875500AQ853IMLV4TX18 | Long             | DBT              | CORP              | IN        |    400000 | PA      | $398391.40    | 0.01%             | 2027-01-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE                            | Raizen Fuels Finance SA                                                          | CUSIP: YV7792240<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | BR        |   1200000 | PA      | $1124400.00   | 0.02%             | 2035-01-17      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CHARIOT BUYER LLC                               | Chariot Buyer LLC                                                                | CUSIP: 15963CAC0<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |    952942 | PA      | $955648.08    | 0.01%             | 2028-11-03      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                        | BroadStreet Partners Inc                                                         | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |     79147 | PA      | $79330.88     | 0.00%             | 2031-06-16      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                               | Clarios Global LP                                                                | CUSIP: C8000CAM5<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |   1532310 | PA      | $1529919.22   | 0.02%             | 2030-05-06      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| KENAN ADVANTAGE GROUP                           | Kenan Advantage Group Inc/The                                                    | CUSIP: 48853UBQ2<br>LEI: 549300GVUXCXDWYPIY65 | Long             | LON              | CORP              | US        |    921189 | PA      | $909674.59    | 0.01%             | 2029-01-25      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| BCP RENAISSANCE PARENT                          | BCP Renaissance Parent LLC                                                       | CUSIP: 05549PAG6<br>LEI: 549300GVXMQFQZDSJR97 | Long             | LON              | CORP              | US        |    996159 | PA      | $1000363.13   | 0.02%             | 2028-10-31      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| BRAZOS DELAWARE II LLC                          | Brazos Delaware II LLC                                                           | CUSIP: 10620UAL6<br>LEI: 549300V1BTYXZRGYUU04 | Long             | LON              | CORP              | US        |     34138 | PA      | $34234.96     | 0.00%             | 2030-02-11      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                           | Guatemala Government Bond                                                        | CUSIP: BJ0501582<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |   1400000 | PA      | $1370502.00   | 0.02%             | 2032-04-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                            | Paraguay Government International Bond                                           | CUSIP: AM9786683<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    943000 | PA      | $943518.65    | 0.01%             | 2027-03-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| N/A                                             | US LONG BOND(CBT) Sep25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      2650 | NC      | $11800644.86  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| KINGDOM OF MOROCCO                              | Morocco Government International Bond                                            | CUSIP: ZL3654437<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    300000 | PA      | $307767.33    | 0.00%             | 2028-03-08      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MEDCO LAUREL TREE                               | Medco Laurel Tree Pte Ltd                                                        | CUSIP: BS2398870<br>LEI: 254900SX7FFGRREZD046 | Long             | DBT              | CORP              | ID        |    500000 | PA      | $495900.94    | 0.01%             | 2028-11-12      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| AAR ESCROW ISSUER LLC                           | AAR Escrow Issuer LLC                                                            | CUSIP: 00253PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    780000 | PA      | $808850.64    | 0.01%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ACADEMY LTD                                     | Academy Ltd                                                                      | CUSIP: 00401YAA8<br>LEI: 549300BN53IR80C35Z14 | Long             | DBT              | CORP              | US        |   1015000 | PA      | $1018391.58   | 0.02%             | 2027-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL                          | American International Group Inc                                                 | CUSIP: 026874DX2<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |   1942000 | PA      | $1992469.86   | 0.03%             | 2035-05-07      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| APA CORP                                        | APA Corp                                                                         | CUSIP: 03743QAQ1<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |   2603000 | PA      | $2554478.96   | 0.04%             | 2035-02-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Argent Securities Inc.                          | Argent Securities Trust 2006-M1                                                  | CUSIP: 04012MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13463179 | PA      | $3625782.28   | 0.06%             | 2036-07-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                           | Arrow Electronics Inc                                                            | CUSIP: 04273WAF8<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   4768000 | PA      | $4843276.66   | 0.07%             | 2029-08-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                        | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    685000 | PA      | $654027.93    | 0.01%             | 2030-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                              | Athene Holding Ltd                                                               | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   3699000 | PA      | $3650544.99   | 0.06%             | 2054-10-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Banc of America Merrill Lynch                   | BAMLL Commercial Mortgage Securities Trust 2016-ISQ                              | CUSIP: 05523GAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2638666 | PA      | $1020365.02   | 0.02%             | 2034-08-14      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor                  | Banc of America Funding 2005-G Trust                                             | CUSIP: 05946XC35<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129514 | PA      | $89343.37     | 0.00%             | 2035-10-20      | Variable      | 2.27%                 | No            |                  2 | On Loan: No      |
| BANCO DAVIVIENDA SA                             | Banco Davivienda SA                                                              | CUSIP: 059501AG1<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |    400000 | PA      | $402320.00    | 0.01%             | 2035-07-02      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Bank                                            | BANK 2021-BNK35                                                                  | CUSIP: 06540CBF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4009000 | PA      | $3479459.21   | 0.05%             | 2064-06-15      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| Bank                                            | BANK 2017-BNK8                                                                   | CUSIP: 06650AAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4016760 | PA      | $54548.01     | 0.00%             | 2050-11-15      | Variable      | 0.84%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                        | Celanese US Holdings LLC                                                         | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    565000 | PA      | $578728.37    | 0.01%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                        | Cheniere Energy Partners LP                                                      | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   5108000 | PA      | $4863140.56   | 0.07%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DORNOCH DEBT MERGER SUB                         | Dornoch Debt Merger Sub Inc                                                      | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    480000 | PA      | $372305.28    | 0.01%             | 2029-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| EIDP INC                                        | EIDP Inc                                                                         | CUSIP: 263534CS6<br>LEI: GLU7INWNWH88J9XBXD45 | Long             | DBT              | CORP              | US        |   3133000 | PA      | $3198019.46   | 0.05%             | 2032-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                            | Entergy Arkansas LLC                                                             | CUSIP: 29366MAG3<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |   2439000 | PA      | $2420792.50   | 0.04%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                   | Citigroup Commercial Mortgage Trust 2016-P3                                      | CUSIP: 29429CAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  32109278 | PA      | $228582.74    | 0.00%             | 2049-04-15      | Variable      | 1.81%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                   | Citigroup Commercial Mortgage Trust 2016-P4                                      | CUSIP: 29429EAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  38250452 | PA      | $401025.38    | 0.01%             | 2049-07-10      | Variable      | 2.04%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables                   | Exeter Automobile Receivables Trust 2021-2                                       | CUSIP: 30166RAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    145191 | PA      | $144970.64    | 0.00%             | 2026-11-16      | Fixed         | 1.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31402Q6T3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29345 | PA      | $29760.61     | 0.00%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140JAXT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9505901 | PA      | $8859255.65   | 0.14%             | 2044-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140W0SF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9647054 | PA      | $9702470.35   | 0.15%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XPR68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3713243 | PA      | $3375845.11   | 0.05%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31412PNV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41917 | PA      | $42592.10     | 0.00%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418CAM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1362100 | PA      | $1186346.57   | 0.02%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ADANI INTERNATIONAL CONT                        | Adani International Container Terminal Pvt Ltd                                   | CUSIP: BN0450864<br>LEI: 335800J4SLERP6S94P28 | Long             | DBT              | CORP              | IN        |   2720000 | PA      | $2397061.74   | 0.04%             | 2031-02-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EDELMAN FINANCIAL CENTER                        | Edelman Financial Engines Center LLC/The                                         | CUSIP: 27943TAC3<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    465000 | PA      | $467499.38    | 0.01%             | 2028-10-06      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                           | Ellucian Holdings Inc                                                            | CUSIP: 28917XAB6<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |   1243344 | PA      | $1247814.06   | 0.02%             | 2029-10-08      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ASCEND LEARNING LLC                             | Ascend Learning LLC                                                              | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |   1304643 | PA      | $1305927.94   | 0.02%             | 2028-12-11      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                          | Arsenal AIC Parent LLC                                                           | CUSIP: 04287KAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    208876 | PA      | $208980.94    | 0.00%             | 2030-08-19      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| BANCO EST RIO GRANDE SUL                        | Banco do Estado do Rio Grande do Sul SA                                          | CUSIP: BN6932428<br>LEI: 254900W2BN097WLYIM20 | Long             | DBT              | CORP              | BR        |    600000 | PA      | $596437.86    | 0.01%             | 2031-01-28      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2006-42                                                   | CUSIP: 02148YAU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5755171 | PA      | $2942318.86   | 0.05%             | 2047-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-16CB                                                 | CUSIP: 02152AAL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    996799 | PA      | $321849.19    | 0.00%             | 2037-08-25      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                          | CHL Mortgage Pass-Through Trust 2007-10                                          | CUSIP: 12545CAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    404113 | PA      | $176479.45    | 0.00%             | 2037-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | CSMC 2020-RPL4 Trust                                                             | CUSIP: 126405AD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9035400 | PA      | $6994968.15   | 0.11%             | 2060-01-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | CSMC Series 2010-4R                                                              | CUSIP: 12643NEG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    513373 | PA      | $467063.04    | 0.01%             | 2037-06-26      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2005-28CB                                                 | CUSIP: 12667GYP2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    117565 | PA      | $45069.98     | 0.00%             | 2035-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cathedral Lake LTD                              | Cathedral Lake VIII Ltd                                                          | CUSIP: 14919GAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6000000 | PA      | $6028440.00   | 0.09%             | 2035-01-20      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                   | CoreWeave Inc                                                                    | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    450000 | PA      | $460432.50    | 0.01%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                | DT Midstream Inc                                                                 | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2566000 | PA      | $2479963.41   | 0.04%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DEALER TIRE LLC/DT ISSR                         | Dealer Tire LLC / DT Issuer LLC                                                  | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    597000 | PA      | $577170.88    | 0.01%             | 2028-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC                   | Deutsche Alt-A Securities Inc Mortgage Loan Trust Series 2005-AR2                | CUSIP: 251510GP2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3305728 | PA      | $2132812.37   | 0.03%             | 2035-10-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| EWC Master Issuer LLC                           | EWC Master Issuer LLC                                                            | CUSIP: 26929HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2764500 | PA      | $2726366.49   | 0.04%             | 2052-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                    | Entergy Corp                                                                     | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   2384000 | PA      | $2472581.00   | 0.04%             | 2054-12-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                           | Evergy Kansas Central Inc                                                        | CUSIP: 30036FAB7<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |   4940000 | PA      | $4881280.34   | 0.08%             | 2053-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3138A9DP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    238577 | PA      | $236830.16    | 0.00%             | 2031-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31402RCV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166949 | PA      | $169312.97    | 0.00%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140QTEH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13625186 | PA      | $13773221.58  | 0.21%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140QUBG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  21401312 | PA      | $21622715.22  | 0.33%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140X4DE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9140257 | PA      | $8113996.52   | 0.12%             | 2047-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140X9WX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9421438 | PA      | $7592705.36   | 0.12%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XGT66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  34018751 | PA      | $30983637.63  | 0.48%             | 2050-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XMQ58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  28188319 | PA      | $23677405.98  | 0.36%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31416BRY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    204073 | PA      | $206656.33    | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418CDL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8771155 | PA      | $7789445.60   | 0.12%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GMAC Mortgage Corporation Loan                  | GMACM Mortgage Loan Trust 2006-J1                                                | CUSIP: 36185MEG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1050009 | PA      | $901931.01    | 0.01%             | 2036-04-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae II Pool                                                               | CUSIP: 3622ABJH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10899413 | PA      | $9211659.56   | 0.14%             | 2051-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                    | GS Mortgage Securities Trust 2014-GC26                                           | CUSIP: 36250HAS2<br>LEI: 549300V3F4KBEWHAZP46 | Long             | ABS-MBS          | CORP              | US        |   3031000 | PA      | $1765587.81   | 0.03%             | 2047-11-10      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                   | GS Mortgage-Backed Securities Trust 2025-NQM2                                    | CUSIP: 36272EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $7077966.00   | 0.11%             | 2065-06-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38375YDW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     35408 | PA      | $763.63       | 0.00%             | 2038-09-20      | Floating      | 1.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38376UQF9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5245779 | PA      | $5118588.02   | 0.08%             | 2047-04-20      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38376V4F1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     73761 | PA      | $73636.87     | 0.00%             | 2040-02-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                      | Grifols SA                                                                       | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |   1460000 | PA      | $1404449.92   | 0.02%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                          | Harvest Midstream I LP                                                           | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1273599.45   | 0.02%             | 2032-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HELIOS SOFT/ION CORP SOL                        | Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl              | CUSIP: 42329HAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1180000 | PA      | $1117356.40   | 0.02%             | 2028-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                           | Hightower Holding LLC                                                            | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |    975000 | PA      | $972519.71    | 0.01%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                  | Hyundai Auto Receivables Trust 2024-C                                            | CUSIP: 448976AG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5200000 | PA      | $5230477.72   | 0.08%             | 2032-02-17      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                  | Residential Asset Securitization Trust 2005-A10                                  | CUSIP: 45660LXM6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    154641 | PA      | $70807.01     | 0.00%             | 2035-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                               | Iron Mountain Inc                                                                | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   1030000 | PA      | $1066941.98   | 0.02%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu                  | JPMDB Commercial Mortgage Securities Trust 2016-C2                               | CUSIP: 46590LAX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7675000 | PA      | $7171687.32   | 0.11%             | 2049-06-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                  | JP Morgan Mortgage Acquisition Trust 2006-WMC2                                   | CUSIP: 46628TAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12732719 | PA      | $5925030.92   | 0.09%             | 2036-07-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                  | JPMBB Commercial Mortgage Securities Trust 2015-C30                              | CUSIP: 46644UBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  25173450 | PA      | $302.08       | 0.00%             | 2048-07-15      | Variable      | 0.47%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                  | JPMBB Commercial Mortgage Securities Trust 2015-C31                              | CUSIP: 46644YAX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12477167 | PA      | $228.33       | 0.00%             | 2048-08-15      | Variable      | 0.89%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                 | Lehman XS Trust 2007-3                                                           | CUSIP: 525245AH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7632205 | PA      | $7103816.11   | 0.11%             | 2037-03-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                           | Level 3 Financing Inc                                                            | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1176070.69   | 0.02%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                           | Minerva Luxembourg SA                                                            | CUSIP: 603374AH2<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | BR        |   1100000 | PA      | $1188928.40   | 0.02%             | 2033-09-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                  | Morgan Stanley                                                                   | CUSIP: 61747YFM2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4669000 | PA      | $4794479.94   | 0.07%             | 2039-02-07      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                      | Morgan Stanley ABS Capital I Inc Trust 2006-HE5                                  | CUSIP: 61749NAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7099339 | PA      | $3539927.15   | 0.05%             | 2036-08-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                       | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30                      | CUSIP: 61766NBC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  39349087 | PA      | $348318.12    | 0.01%             | 2049-09-15      | Variable      | 1.41%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                           | NGL Energy Operating LLC / NGL Energy Finance Corp                               | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $348817.77    | 0.01%             | 2029-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                           | Nabors Industries Inc                                                            | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    835000 | PA      | $800175.01    | 0.01%             | 2030-01-31      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO                            | National Fuel Gas Co                                                             | CUSIP: 636180BU4<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   2020000 | PA      | $2066435.86   | 0.03%             | 2035-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Se                  | Natixis Commercial Mortgage Securities Trust 2018-FL1                            | CUSIP: 63874MAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2108000 | PA      | $1123469.35   | 0.02%             | 2035-06-15      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                      | Navient Private Education Refi Loan Trust 2018-A                                 | CUSIP: 63940PAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2965219 | PA      | $2906789.65   | 0.04%             | 2042-02-18      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                 | Nissan Motor Co Ltd                                                              | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    510000 | PA      | $468231.36    | 0.01%             | 2030-09-17      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Pnmac Gmsr Issuer Trust                         | PMT Issuer Trust - FMSR                                                          | CUSIP: 69346MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15000000 | PA      | $15082366.50  | 0.23%             | 2026-03-25      | Floating      | 7.43%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                         | Phillips Edison Grocery Center Operating Partnership I LP                        | CUSIP: 71845JAB4<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |   3694000 | PA      | $3801709.39   | 0.06%             | 2034-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                       | Pike Corp                                                                        | CUSIP: 721283AB5<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |    655000 | PA      | $713183.00    | 0.01%             | 2031-01-31      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                               | Post Holdings Inc                                                                | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    980000 | PA      | $991384.66    | 0.02%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partne                  | PRET 2021-RN2 LLC                                                                | CUSIP: 74143FAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3298268 | PA      | $3282160.78   | 0.05%             | 2051-07-25      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| RFNA LP                                         | Rfna LP                                                                          | CUSIP: 74984AAA0<br>LEI: 2549002A4GSOTYKKHR45 | Long             | DBT              | CORP              | US        |    865000 | PA      | $885885.43    | 0.01%             | 2030-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                              | Regal Rexnord Corp                                                               | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   2803000 | PA      | $2889261.26   | 0.04%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                  | RALI Series 2005-QS14 Trust                                                      | CUSIP: 761118JL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     97156 | PA      | $85626.17     | 0.00%             | 2035-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                  | Residential Asset Securitization Trust 2006-A6                                   | CUSIP: 76113FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1611824 | PA      | $429701.93    | 0.01%             | 2036-07-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati                  | Residential Asset Securitization Trust 2006-R1                                   | CUSIP: 76113MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    109588 | PA      | $96317.10     | 0.00%             | 2046-01-25      | Floating      | 10.67%                | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE                               | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp                  | CUSIP: 76883NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1934038.72   | 0.03%             | 2033-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                  | Rocket Cos Inc                                                                   | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    575000 | PA      | $589059.05    | 0.01%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                         | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |   4618000 | PA      | $4648184.13   | 0.07%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                                    | Seaspan Corp                                                                     | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | HK        |   1010000 | PA      | $961021.46    | 0.01%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                              | Expand Energy Corp                                                               | CUSIP: 845467AT6<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   2471000 | PA      | $2404421.13   | 0.04%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUST                                 | Energuate Trust                                                                  | CUSIP: AN3844965<br>LEI: 549300RVM37LH8GY7E41 | Long             | DBT              | CORP              | GT        |   1700000 | PA      | $1692112.00   | 0.03%             | 2027-05-03      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PRETIUM PKG HOLDINGS INC                        | Pretium PKG Holdings Inc                                                         | CUSIP: 74142KAJ8<br>LEI: 254900S6SXME9YWLU075 | Long             | LON              | CORP              | US        |    302386 | PA      | $302548.17    | 0.00%             | 2028-10-02      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                      | AMSR 2021-SFR2 Trust                                                             | CUSIP: 00179VAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1940947.00   | 0.03%             | 2038-08-17      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| LC AHAB US BIDCO LLC                            | LC Ahab US Bidco LLC                                                             | CUSIP: 50180PAB7<br>LEI: 254900949U9K2Q5C5A85 | Long             | LON              | CORP              | US        |   1254835 | PA      | $1255625.20   | 0.02%             | 2031-05-01      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                            | Cornerstone Building Brands Inc                                                  | CUSIP: 72431HAE0<br>LEI: 549300IW41QEWQ6T0H29 | Long             | LON              | CORP              | US        |    124375 | PA      | $106340.63    | 0.00%             | 2031-05-15      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                      | AbbVie Inc                                                                       | CUSIP: 00287YAS8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   5098000 | PA      | $4573385.52   | 0.07%             | 2045-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                      | AbbVie Inc                                                                       | CUSIP: 00287YDX4<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   2821000 | PA      | $2737933.79   | 0.04%             | 2064-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                         | Aethon United BR LP / Aethon United Finance Corp                                 | CUSIP: 00810GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    770000 | PA      | $808252.83    | 0.01%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA -SPAIN- SA                        | AI Candelaria -spain- SA                                                         | CUSIP: 00870WAA4<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | CO        |   3200000 | PA      | $2717920.00   | 0.04%             | 2033-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                             | LBM Acquisition LLC, Senior Secured First Lien Term Loan                         | CUSIP: 50179JAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1426573 | PA      | $1337412.63   | 0.02%             | 2031-06-06      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Creative Artists Agency, LLC                    | Creative Artists Agency, LLC, Senior Secured First Lien Term Loan                | CUSIP: 22526WAS7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    104788 | PA      | $105218.18    | 0.00%             | 2031-10-01      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    615000 | PA      | $598690.63    | 0.01%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                         | Allied Universal Holdco LLC                                                      | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   1660000 | PA      | $1735666.12   | 0.03%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CROSBY US ACQUISITION CORP                      | Crosby US Acquisition Corp                                                       | CUSIP: 22739PAP1<br>LEI: 549300V5HSWHDNVOWE35 | Long             | LON              | CORP              | US        |    415312 | PA      | $417375.72    | 0.01%             | 2029-08-16      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                           | Ellucian Holdings Inc                                                            | CUSIP: 28917XAE0<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |     55000 | PA      | $56237.50     | 0.00%             | 2032-11-22      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                            | Amentum Holdings Inc                                                             | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |    470000 | PA      | $484033.26    | 0.01%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                             | American Tower Corp                                                              | CUSIP: 03027XCD0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   2366000 | PA      | $2441713.25   | 0.04%             | 2033-07-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                       | Anchorage Capital CLO 19 Ltd                                                     | CUSIP: 03328JAA5<br>LEI: 549300ZNOS7Q8W8H3S38 | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $5008745.50   | 0.08%             | 2034-10-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| arbor multifamily mortgage sec                  | Arbor Multifamily Mortgage Securities Trust 2021-MF2                             | CUSIP: 03881VBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  22775500 | PA      | $931397.24    | 0.01%             | 2054-06-15      | Variable      | 0.86%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                          | Arizona Public Service Co                                                        | CUSIP: 040555DH4<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |   4786000 | PA      | $4939582.02   | 0.08%             | 2034-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                          | Arsenal AIC Parent LLC                                                           | CUSIP: 04288BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $400665.00    | 0.01%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ARTERA SERVICES LLC                             | Artera Services LLC                                                              | CUSIP: 04302XAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |    140000 | PA      | $116693.65    | 0.00%             | 2031-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S                  | BBCMS Mortgage Trust 2024-5C29                                                   | CUSIP: 05555PAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5500000 | PA      | $5613985.30   | 0.09%             | 2057-09-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                             | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4186000 | PA      | $4255614.69   | 0.07%             | 2036-02-12      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| Bank                                            | BANK 2021-BNK37                                                                  | CUSIP: 06540LBX4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3109000 | PA      | $2532944.89   | 0.04%             | 2064-11-15      | Variable      | 3.21%                 | No            |                  2 | On Loan: No      |
| Lasership, Inc.                                 | Lasership, Inc., Senior Secured First Lien Term Loan                             | CUSIP: 51809EAQ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      6548 | PA      | $2018.84      | 0.00%             | 2029-08-10      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP LLC                        | Great Outdoors Group LLC                                                         | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |    454858 | PA      | $454930.29    | 0.01%             | 2032-01-23      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                           | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | US        |    665000 | PA      | $561509.38    | 0.01%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                           | Bausch Health Cos Inc                                                            | CUSIP: 071734AR8<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | US        |     93000 | PA      | $81441.96     | 0.00%             | 2030-10-15      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S                  | BBCMS Mortgage Trust 2025-5C34                                                   | CUSIP: 07337BAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3260000 | PA      | $3403153.12   | 0.05%             | 2058-05-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJXQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2385927 | PA      | $2126039.98   | 0.03%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                                      | Kaman Corp                                                                       | CUSIP: N/A<br>LEI: 5493003YK076OLTEQF95       | Long             | LON              | CORP              | US        |    169230 | PA      | $169243.37    | 0.00%             | 2032-02-26      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC                           | Savor Acquisition Inc                                                            | CUSIP: 80536AAB8<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |    639655 | PA      | $644302.27    | 0.01%             | 2032-02-19      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DMX42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6814492 | PA      | $5555500.14   | 0.09%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398MZ66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10357 | PA      | $478.21       | 0.00%             | 2040-04-25      | Floating      | 0.51%                 | No            |                  2 | On Loan: No      |
| NATGASOLINE                                     | Natgasoline LLC                                                                  | CUSIP: 63232EAD9<br>LEI: 549300OHXDYMQYZOWC24 | Long             | LON              | CORP              | US        |    295000 | PA      | $293893.75    | 0.00%             | 2030-03-29      | Floating      | 9.83%                 | No            |                  2 | On Loan: No      |
| MONG DUONG FIN HLDGS BV                         | Mong Duong Finance Holdings BV                                                   | CUSIP: AZ8065700<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | CORP              | VN        |   1931162 | PA      | $1888131.80   | 0.03%             | 2029-05-07      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398PLB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2976 | PA      | $53.10        | 0.00%             | 2040-04-25      | Floating      | 2.03%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                               | Flowers Foods Inc                                                                | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |   4877000 | PA      | $5001568.48   | 0.08%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                         | GSR Mortgage Loan Trust 2007-1F                                                  | CUSIP: 3622MPAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29741 | PA      | $121662.86    | 0.00%             | 2037-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                          | GSAA Trust                                                                       | CUSIP: 362341AR0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2835 | PA      | $2804.31      | 0.00%             | 2035-05-25      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                         | GSR Mortgage Loan Trust 2006-OA1                                                 | CUSIP: 362631AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  22702102 | PA      | $4784343.11   | 0.07%             | 2046-08-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                   | GS Mortgage-Backed Securities Trust 2025-NQM2                                    | CUSIP: 36272EAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3036153.00   | 0.05%             | 2065-06-25      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                        | Hess Midstream Operations LP                                                     | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2493000 | PA      | $2531718.78   | 0.04%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NP SPE LP                                       | NP SPE II LLC                                                                    | CUSIP: 62946AAA2<br>LEI: 549300M4DFCB4G0UM882 | Long             | ABS-O            | CORP              | US        |   1654154 | PA      | $1646655.48   | 0.03%             | 2046-04-20      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                           | Guatemala Government Bond                                                        | CUSIP: JK9639853<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |   1000000 | PA      | $992390.00    | 0.02%             | 2026-05-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PERU LNG SRL                                    | Peru LNG Srl                                                                     | CUSIP: AR7830417<br>LEI: 254900F70J1LOALV5K70 | Long             | DBT              | CORP              | PE        |    333360 | PA      | $313739.40    | 0.00%             | 2030-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NP Spe IX LP                                    | NP SPE IX LP                                                                     | CUSIP: 62954JAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4982952 | PA      | $4838869.82   | 0.07%             | 2049-09-20      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                    | NiSource Inc                                                                     | CUSIP: 65473PAQ8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   4802000 | PA      | $4885045.07   | 0.08%             | 2034-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                              | Morocco Government International Bond                                            | CUSIP: BM9763111<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |   1600000 | PA      | $1356440.24   | 0.02%             | 2032-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Nomura Home Equity Loan Inc                     | Nomura Home Equity Loan Inc Home Equity Loan Trust Series 2007-1                 | CUSIP: 65537KAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    806533 | PA      | $214302.53    | 0.00%             | 2037-02-25      | Variable      | 6.56%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                    | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $958821.70    | 0.01%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                    | Novelis Corp                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    490000 | PA      | $506932.42    | 0.01%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 40                  | Octagon Investment Partners 40 Ltd                                               | CUSIP: 67592BAS7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3500000 | PA      | $3423949.55   | 0.05%             | 2035-01-20      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                                       | Olin Corp                                                                        | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    480000 | PA      | $473025.24    | 0.01%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                            | OneMain Finance Corp                                                             | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1594489.68   | 0.02%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                  | Pagaya AI Debt Selection Trust 2021-2                                            | CUSIP: 69546LAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    597476 | PA      | $592865.19    | 0.01%             | 2029-01-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                           | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    690000 | PA      | $663984.31    | 0.01%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                        | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599CB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4895000 | PA      | $5011853.64   | 0.08%             | 2030-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                            | OneMain Finance Corp                                                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     98000 | PA      | $99511.65     | 0.00%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                        | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $2035201.66   | 0.03%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                 | United States Treasury Note/Bond                                                 | CUSIP: 912810SW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 140150000 | PA      | $96440718.75  | 1.48%             | 2041-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Upgrade Master Pass-Thru Trust                  | Upgrade Master Pass-Thru Trust Series 2021-PT4                                   | CUSIP: 91533CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    557205 | PA      | $528024.84    | 0.01%             | 2027-08-15      | Variable      | 13.64%                | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                    | Upstart Securitization Trust 2021-4                                              | CUSIP: 91682NAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8553779 | PA      | $8432659.59   | 0.13%             | 2031-09-20      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA -SPAIN- SA                        | AI Candelaria -spain- SA                                                         | CUSIP: BP4790179<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | CO        |   1650000 | PA      | $1401427.50   | 0.02%             | 2033-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FLAME AGGREGATOR RESTRICTED EQ                  | FLAME AGGREGATOR RESTRICTED EQ                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     37440 | NS      | $748800.00    | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| MOVIDA EUROPE SA                                | Movida Europe SA                                                                 | CUSIP: ZB2126561<br>LEI: 549300YRJE0V6QKU7C86 | Long             | DBT              | CORP              | BR        |   1500000 | PA      | $1385864.70   | 0.02%             | 2029-04-11      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| ZIGGO FINANCING PARTNERS                        | Ziggo Financing Partnership                                                      | CUSIP: N9833RAJ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    370000 | PA      | $362305.85    | 0.01%             | 2028-04-28      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| PETSMART INC                                    | PetSmart LLC                                                                     | CUSIP: 71677HAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    848742 | PA      | $841845.97    | 0.01%             | 2028-02-14      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| AVEANNA HEALTHCARE LLC                          | Aveanna Healthcare LLC                                                           | CUSIP: 05549DAJ7<br>LEI: 5493006D6JRLPIY8YV18 | Long             | LON              | CORP              | US        |   1319623 | PA      | $1294471.03   | 0.02%             | 2028-07-17      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                        | Univision Communications Inc                                                     | CUSIP: 914908BD9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |    742664 | PA      | $741427.68    | 0.01%             | 2029-06-25      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| ACCESS CIG LLC                                  | Access CIG LLC                                                                   | CUSIP: 00435CAS7<br>LEI: 5493002EU9Z6IQMPAN35 | Long             | LON              | CORP              | US        |    316083 | PA      | $317934.98    | 0.00%             | 2028-08-18      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                             | AssuredPartners Inc                                                              | CUSIP: 04621HAW3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |   1396223 | PA      | $1401298.63   | 0.02%             | 2031-02-14      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| PAR PETROLEUM LLC                               | Par Petroleum LLC                                                                | CUSIP: 69889PAE5<br>LEI: 984500CCF05C2FB39F45 | Long             | LON              | CORP              | US        |    269503 | PA      | $267651.73    | 0.00%             | 2030-02-28      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| OVG BUSINESS SERVICES                           | Ovg Business Services LLC                                                        | CUSIP: 62955EAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    595000 | PA      | $592768.75    | 0.01%             | 2031-06-25      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDI                      | Alliant Holdings Intermediate LLC                                                | CUSIP: 01881UAM7<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |   1112232 | PA      | $1113744.22   | 0.02%             | 2031-09-19      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| HELIOS SOFTWARE HOLDINGS                        | Helios Software Holdings Inc                                                     | CUSIP: 42328DAK4<br>LEI: 2138002XO5EAYFHPPT53 | Long             | LON              | CORP              | US        |    785564 | PA      | $787445.41    | 0.01%             | 2030-07-18      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                | AmWINS Group Inc                                                                 | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    842888 | PA      | $844126.54    | 0.01%             | 2032-01-30      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                  | 1261229 BC Ltd                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |    385000 | PA      | $372156.40    | 0.01%             | 2030-10-08      | Floating      | 10.56%                | No            |                  2 | On Loan: No      |
| OPAL US LLC                                     | Opal US LLC                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1365000 | PA      | $1372254.98   | 0.02%             | 2032-04-23      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Alera Group, Inc.                               | Alera Group, Inc., Senior Secured Second Lien Term Loan                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    235000 | PA      | $239846.88    | 0.00%             | 2033-05-30      | Floating      | 9.83%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC                                    | Acrisure LLC                                                                     | CUSIP: 00488PAX3<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    410000 | PA      | $410000.00    | 0.01%             | 2032-06-21      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| BANCO CONTINENTAL S.A.E.                        | Banco Continental SAECA                                                          | CUSIP: BM9109232<br>LEI: 8945005Q0D60A6FCEM55 | Long             | DBT              | CORP              | PY        |    500000 | PA      | $495608.53    | 0.01%             | 2025-12-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FIDEICOMISO PA PACIFICO                         | Fideicomiso PA Pacifico Tres                                                     | CUSIP: JK1075825<br>LEI: 549300HPHEJ3B6YD5H05 | Long             | DBT              | CORP              | CO        |    724050 | PA      | $732014.55    | 0.01%             | 2035-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| N/A                                             | US 10yr Ultra Fut Sep25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -2250 | NC      | $-6458808.40  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| ADANI PORTS AND SPECIAL                         | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: AZ3417070<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |   1800000 | PA      | $1701927.00   | 0.03%             | 2029-07-03      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137HKVA9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  18472617 | PA      | $18351187.59  | 0.28%             | 2055-04-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31397RVH6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10055 | PA      | $694.36       | 0.00%             | 2038-03-15      | Floating      | 1.23%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae II Pool                                                               | CUSIP: 36179TXU4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  26473930 | PA      | $24465898.99  | 0.38%             | 2048-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                    | GS Mortgage Securities Trust 2011-GC5                                            | CUSIP: 36191YAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    254176 | PA      | $162.60       | 0.00%             | 2044-08-10      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae II Pool                                                               | CUSIP: 3622A23Y6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9183415 | PA      | $8491156.80   | 0.13%             | 2047-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae II Pool                                                               | CUSIP: 3622ABYY2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8915370 | PA      | $7863995.02   | 0.12%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                    | GS Mortgage Securities Trust 2015-GC32                                           | CUSIP: 36250PAJ4<br>LEI: 54930066YOFVQE068N73 | Long             | ABS-MBS          | CORP              | US        |   2635000 | PA      | $2620491.69   | 0.04%             | 2048-07-10      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                    | GS Mortgage Securities Trust 2015-GS1                                            | CUSIP: 36252AAE6<br>LEI: 549300WZ62L3Y22NOZ64 | Long             | ABS-MBS          | CORP              | US        |  73552142 | PA      | $121772.93    | 0.00%             | 2048-11-10      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| GOAT HOLDCO LLC                                 | Goat Holdco LLC                                                                  | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    735000 | PA      | $747844.13    | 0.01%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38374UCH2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    483417 | PA      | $481219.06    | 0.01%             | 2039-05-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38376CJK6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    515948 | PA      | $518124.34    | 0.01%             | 2039-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38378WAU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1639267 | PA      | $191784.86    | 0.00%             | 2043-08-16      | Floating      | 1.67%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38382WFQ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9943656 | PA      | $1704093.01   | 0.03%             | 2051-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                          | Group 1 Automotive Inc                                                           | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    695000 | PA      | $671392.31    | 0.01%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                  | Home Partners of America 2021-1 Trust                                            | CUSIP: 437300AJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1127290 | PA      | $970436.91    | 0.01%             | 2041-09-17      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                  | Home Partners of America 2021-1 Trust                                            | CUSIP: 437300AL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1268617 | PA      | $1078321.27   | 0.02%             | 2041-09-17      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| Homeward Opportunities Fund I                   | Homeward Opportunities Fund I Trust 2020-2                                       | CUSIP: 43789XAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5250000 | PA      | $5083359.75   | 0.08%             | 2065-05-25      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                            | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAU4<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   4690000 | PA      | $4842141.35   | 0.07%             | 2031-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                             | Kinetik Holdings LP                                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |   2421000 | PA      | $2443055.31   | 0.04%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC                             | Lightning Power LLC                                                              | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |    740000 | PA      | $779294.55    | 0.01%             | 2032-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                        | Lloyds Banking Group PLC                                                         | CUSIP: 539439BE8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   5817000 | PA      | $5982966.57   | 0.09%             | 2036-06-13      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| MARS INC                                        | Mars Inc                                                                         | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   5041000 | PA      | $5032279.78   | 0.08%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                                      | MasTec Inc                                                                       | CUSIP: 576323AT6<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |   4804000 | PA      | $4972865.40   | 0.08%             | 2029-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MSILF Government Portfolio                      | MSILF Government Portfolio                                                       | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  69500577 | NS      | $69500577.23  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Mortgage Loan T                  | Morgan Stanley Mortgage Loan Trust 2007-7AX                                      | CUSIP: 61754HAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7420266 | PA      | $1935657.36   | 0.03%             | 2037-04-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC                          | Mosaic Solar Loan Trust 2019-2                                                   | CUSIP: 61945LAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    949240 | PA      | $857234.23    | 0.01%             | 2040-09-20      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| NGPL PIPECO LLC                                 | NGPL PipeCo LLC                                                                  | CUSIP: 62928CAA0<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |   5605000 | PA      | $5000233.50   | 0.08%             | 2031-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                          | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KDB3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2275000 | PA      | $2365931.75   | 0.04%             | 2054-06-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners XX                  | Octagon Investment Partners XXII Ltd                                             | CUSIP: 67574QAL1<br>LEI: 549300MQ9W5DWZ8QX450 | Long             | ABS-CBDO         | CORP              | US        |   2500000 | PA      | $2429380.25   | 0.04%             | 2030-01-22      | Floating      | 9.98%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                     | Oracle Corp                                                                      | CUSIP: 68389XBP9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1766000 | PA      | $1512759.80   | 0.02%             | 2037-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                     | Oracle Corp                                                                      | CUSIP: 68389XCU7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3149000 | PA      | $2880713.48   | 0.04%             | 2054-09-27      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                          | Penn Entertainment Inc                                                           | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $435799.51    | 0.01%             | 2029-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| N/A                                             | US 5YR NOTE (CBT) Sep25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       900 | NC      | $1390279.50   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KLOECKNER PENTAPLAST OF AME                     | Klockner Pentaplast of America Inc                                               | CUSIP: 49865NAT7<br>LEI: 5299004QDA11QZOG5N31 | Long             | LON              | CORP              | US        |    469456 | PA      | $435586.89    | 0.01%             | 2026-02-09      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| HUSKY INJECTION MOLDING                         | Husky Injection Molding Systems Ltd                                              | CUSIP: C8856UAE8<br>LEI: 5493003ZDHRVP2N4C109 | Long             | LON              | CORP              | CA        |    580612 | PA      | $582891.41    | 0.01%             | 2029-02-15      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| ONEDIGITAL BORROWER LLC                         | OneDigital Borrower LLC                                                          | CUSIP: 68252HAB0<br>LEI: 2549009GTKWWAO1E9X77 | Long             | LON              | CORP              | US        |    166276 | PA      | $166899.14    | 0.00%             | 2032-07-02      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                                      | Kaman Corp                                                                       | CUSIP: N/A<br>LEI: 5493003YK076OLTEQF95       | Long             | LON              | CORP              | US        |    192388 | PA      | $192403.49    | 0.00%             | 2032-02-26      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                                      | Kaman Corp                                                                       | CUSIP: N/A<br>LEI: 5493003YK076OLTEQF95       | Long             | LON              | CORP              | US        |    169230 | PA      | $169243.37    | 0.00%             | 2032-02-26      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| MX HOLDINGS US INC                              | MX Holdings US Inc                                                               | CUSIP: 55404TAF9<br>LEI: 549300RKTIVJWNROR778 | Long             | LON              | CORP              | US        |    250000 | PA      | $251406.25    | 0.00%             | 2032-03-17      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| KASEYA INC                                      | Kaseya Inc                                                                       | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |    495000 | PA      | $497514.60    | 0.01%             | 2032-03-22      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                 | Madison IAQ LLC                                                                  | CUSIP: 55759VAD0<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    415000 | PA      | $416641.33    | 0.01%             | 2032-05-06      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| MV24 CAPITAL BV                                 | MV24 Capital BV                                                                  | CUSIP: AZ9204969<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |   5112326 | PA      | $4962737.47   | 0.08%             | 2034-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                              | Morocco Government International Bond                                            | CUSIP: BM9763095<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |   2600000 | PA      | $2461951.10   | 0.04%             | 2027-12-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| FIEMEX ENERGIA - BANC AC                        | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple                 | CUSIP: 05974EAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   2783901 | PA      | $2828164.96   | 0.04%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON                            | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp   | CUSIP: 150190AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    665000 | PA      | $651646.21    | 0.01%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FWEA 2024-1 A                                   | FWEA 2024-1 A                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | USGSE             | US        |   5593492 | PA      | $5727736.32   | 0.09%             | 2044-08-25      | Fixed         | 7.15%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 31335BZJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5251203 | PA      | $4974073.31   | 0.08%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137AJPE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    676640 | PA      | $638509.71    | 0.01%             | 2041-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137HKVS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  31208493 | PA      | $30940861.76  | 0.48%             | 2055-04-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31398LHN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     50324 | PA      | $2146.14      | 0.00%             | 2032-03-15      | Floating      | 1.93%                 | No            |                  2 | On Loan: No      |
| FLORIDA GAS TRANSMISSION                        | Florida Gas Transmission Co LLC                                                  | CUSIP: 340711BC3<br>LEI: 549300Q0UQF87NXNOC32 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $2108909.90   | 0.03%             | 2035-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                    | GS Mortgage Securities Trust 2016-GS2                                            | CUSIP: 36252TAY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1825000 | PA      | $1764642.14   | 0.03%             | 2049-05-10      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                    | GS Mortgage Securities Trust 2019-GC42                                           | CUSIP: 36257UAK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1070000 | PA      | $997527.83    | 0.02%             | 2052-09-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                               | Generate Clo 13 Ltd                                                              | CUSIP: 370918AA2<br>LEI: 549300OHYOREA2V0F579 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2009708.80   | 0.03%             | 2037-01-20      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                | Genuine Parts Co                                                                 | CUSIP: 372460AF2<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   4804000 | PA      | $4879731.55   | 0.07%             | 2029-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GRIFFON CORPORATION                             | Griffon Corp                                                                     | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |   2005000 | PA      | $2006031.37   | 0.03%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                          | Group 1 Automotive Inc                                                           | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    820000 | PA      | $843565.16    | 0.01%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                        | Hess Midstream Operations LP                                                     | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2566000 | PA      | $2579125.09   | 0.04%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance                        | Horizon Aircraft Finance IV Ltd                                                  | CUSIP: 43990EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4331250 | PA      | $4342234.05   | 0.07%             | 2049-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                           | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150BE3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   2857000 | PA      | $2928148.10   | 0.04%             | 2031-01-15      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                           | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    590000 | PA      | $572170.85    | 0.01%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SEB Funding LLC                                 | SEB Funding LLC                                                                  | CUSIP: 78433DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4987500 | PA      | $4898873.12   | 0.08%             | 2052-01-30      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| SoFi Alternative Trust Consume                  | Sofi Alternative Consumer Loan Program 2021-2                                    | CUSIP: 78472Q107<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $345301.05    | 0.01%             | 2030-08-15      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| Securitized Asset Backed Recei                  | Securitized Asset Backed Receivables LLC Trust 2007-BR3                          | CUSIP: 81377NAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12154538 | PA      | $8101756.98   | 0.12%             | 2037-04-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                  | WFRBS Commercial Mortgage Trust 2014-C22                                         | CUSIP: 92890KBD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4835919 | PA      | $1056.65      | 0.00%             | 2057-09-15      | Variable      | 0.39%                 | No            |                  2 | On Loan: No      |
| Willis Engine Securitization T                  | Willis Engine Structured Trust VIII                                              | CUSIP: 97063RAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4583218.50   | 0.07%             | 2050-06-15      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| XPO INC                                         | XPO Inc                                                                          | CUSIP: 98379KAB8<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   1510000 | PA      | $1584449.04   | 0.02%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SEDGWICK CMS INC                                | Sedgwick Claims Management Services Inc                                          | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |   1119375 | PA      | $1124664.05   | 0.02%             | 2031-07-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| HUSKY INJECTION MOLDING                         | Husky Injection Molding Systems Ltd                                              | CUSIP: C8856UAE8<br>LEI: 5493003ZDHRVP2N4C109 | Long             | LON              | CORP              | CA        |    580612 | PA      | $582891.41    | 0.01%             | 2029-02-15      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| STUBHUB HOLDCO SUB LLC                          | StubHub Holdco Sub LLC                                                           | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |    915526 | PA      | $891108.60    | 0.01%             | 2030-03-15      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| INEOS US PETROCHEM LLC                          | INEOS US Petrochem LLC                                                           | CUSIP: G4770MAN4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    565000 | PA      | $517681.25    | 0.01%             | 2031-10-07      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| WHATABRANDS LLC                                 | Whatabrands LLC                                                                  | CUSIP: 96244UAJ6<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |   1680000 | PA      | $1682620.80   | 0.03%             | 2028-08-03      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS                         | Grant Thornton Advisors LLC                                                      | CUSIP: 38821UAD2<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |    898906 | PA      | $899242.87    | 0.01%             | 2031-05-30      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                        | iHeartCommunications Inc                                                         | CUSIP: 45174UAJ7<br>LEI: 54930076J6KDZL504O62 | Long             | LON              | CORP              | US        |    249375 | PA      | $203967.55    | 0.00%             | 2029-05-01      | Floating      | 10.22%                | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                 | Gen Digital Inc                                                                  | CUSIP: 66877AAG3<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | LON              | CORP              | US        |   1020000 | PA      | $1019490.00   | 0.02%             | 2032-04-16      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS                         | Grant Thornton Advisors LLC                                                      | CUSIP: 38821UAF7<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |    295000 | PA      | $295848.13    | 0.00%             | 2031-05-30      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| GC FERRY ACQUISITION I                          | GC Ferry Acquisition I Inc                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    717500 | PA      | $705840.63    | 0.01%             | 2032-06-07      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| HAMILTON PROJECTS ACQUIR                        | Hamilton Projects Acquiror LLC                                                   | CUSIP: N/A<br>LEI: 5493005K6XILIQ2EZY52       | Long             | LON              | CORP              | US        |    180000 | PA      | $180825.30    | 0.00%             | 2031-05-30      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| INRETAIL SHOPPIN                                | InRetail Shopping Malls                                                          | CUSIP: AR9465592<br>LEI: 254900340JT2D5SHMA49 | Long             | DBT              | CORP              | PE        |   2400000 | PA      | $2400336.24   | 0.04%             | 2028-04-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTERCORP FIN SER INC                           | Intercorp Financial Services Inc                                                 | CUSIP: AP5716067<br>LEI: 5299004181WFTEWB1398 | Long             | DBT              | CORP              | PE        |    900000 | PA      | $875329.18    | 0.01%             | 2027-10-19      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                  | CSAIL 2020-C19 Commercial Mortgage Trust                                         | CUSIP: 12597NAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  61687171 | PA      | $2357295.05   | 0.04%             | 2053-03-15      | Variable      | 1.21%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                        | CSX Corp                                                                         | CUSIP: 126408HF3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |  12096000 | PA      | $9395788.15   | 0.14%             | 2046-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2005-49CB                                                 | CUSIP: 12668AMG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6315413 | PA      | $4020708.06   | 0.06%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                        | Consolidated Communications Inc                                                  | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |   1035000 | PA      | $1046579.83   | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                            | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |    620000 | PA      | $570521.58    | 0.01%             | 2029-08-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mor                  | Credit Suisse First Boston Mortgage Securities Corp                              | CUSIP: 225458X29<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    488796 | PA      | $382773.03    | 0.01%             | 2035-09-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DCLI BIDCO LLC                                  | Dcli Bidco LLC                                                                   | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |    555000 | PA      | $562660.72    | 0.01%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC                   | Deutsche Alt-A Securities Inc Mortgage Loan Trust Series 2005-6                  | CUSIP: 251510KF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3894871 | PA      | $3278429.34   | 0.05%             | 2035-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Mortgage Securities,                   | Deutsche Mortgage Securities Inc Mortgage Loan Trust Series 2006-PR1             | CUSIP: 25157GAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    334328 | PA      | $307778.03    | 0.00%             | 2036-04-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137A7VG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    251282 | PA      | $204036.46    | 0.00%             | 2041-02-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137B7AC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1916934 | PA      | $217393.54    | 0.00%             | 2054-01-15      | Floating      | 1.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137BJGQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    771307 | PA      | $763310.76    | 0.01%             | 2041-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137HHS93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11550019 | PA      | $11580994.61  | 0.18%             | 2054-02-25      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31385XLY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     33591 | PA      | $33967.96     | 0.00%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3138WHQP0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6546432 | PA      | $5701729.36   | 0.09%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31402Q6U0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    246135 | PA      | $249619.24    | 0.00%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140L0PB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  40751695 | PA      | $34319792.26  | 0.53%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140NXSV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17105000 | PA      | $17518523.64  | 0.27%             | 2035-03-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140NYN56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  20425593 | PA      | $20451147.87  | 0.31%             | 2030-06-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XKDN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9056134 | PA      | $8929596.80   | 0.14%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418B5K8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3429551 | PA      | $2987015.42   | 0.05%             | 2046-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418BL95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1760341 | PA      | $1609938.13   | 0.02%             | 2045-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31418BQA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    906717 | PA      | $790857.58    | 0.01%             | 2045-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance                        | Horizon Aircraft Finance III Ltd                                                 | CUSIP: 44040JAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1156698 | PA      | $1105318.37   | 0.02%             | 2039-11-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                           | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150BD5<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   2384000 | PA      | $2437281.66   | 0.04%             | 2035-02-02      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan                   | CitiMortgage Alternative Loan Trust Series 2006-A2                               | CUSIP: 17309CAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     49121 | PA      | $46600.21     | 0.00%             | 2036-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                   | Citigroup Mortgage Loan Trust 2021-RP2                                           | CUSIP: 17329JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  37450942 | PA      | $33704795.62  | 0.52%             | 2065-03-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJS35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4493240 | PA      | $4064204.87   | 0.06%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJX70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8879204 | PA      | $7907378.32   | 0.12%             | 2046-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DQGV2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  22459021 | PA      | $22183662.45  | 0.34%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DTTV2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6400864 | PA      | $6474127.90   | 0.10%             | 2053-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DVLT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  52177905 | PA      | $42489213.40  | 0.65%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DVMM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  22544962 | PA      | $22364826.19  | 0.34%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3132QQF72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4267576 | PA      | $3996502.45   | 0.06%             | 2045-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3133KKD30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7238617 | PA      | $6119572.91   | 0.09%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136B1C77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7082128 | PA      | $1212917.77   | 0.02%             | 2048-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136BTM26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14067478 | PA      | $14047807.90  | 0.22%             | 2054-12-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31394CVS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    592741 | PA      | $605434.48    | 0.01%             | 2035-03-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398FER8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    317697 | PA      | $317083.51    | 0.00%             | 2039-10-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398MN85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    408701 | PA      | $405949.75    | 0.01%             | 2040-04-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset                   | First Franklin Mortgage Loan Trust Series 2007-FF2                               | CUSIP: 32029GAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9892498 | PA      | $5134684.25   | 0.08%             | 2037-03-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| LoanCore Issuer, Ltd.                           | LoanCore 2025 2025-CRE8 Issuer LLC                                               | CUSIP: 53947FAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5650000 | PA      | $5607862.30   | 0.09%             | 2042-08-17      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Securitization Tru                  | MASTR Asset Securitization Trust 2006-2                                          | CUSIP: 55274QAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    704414 | PA      | $398045.67    | 0.01%             | 2036-06-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                        | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAC2<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |   2330000 | PA      | $2434195.27   | 0.04%             | 2029-03-26      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                        | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    492000 | PA      | $521071.79    | 0.01%             | 2031-03-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                 | Madison IAQ LLC                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |   1435000 | PA      | $1412612.71   | 0.02%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                         | Massachusetts Mutual Life Insurance Co                                           | CUSIP: 575767AR9<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |   5262000 | PA      | $3189390.39   | 0.05%             | 2061-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Prose                                           | Primrose Funding LLC                                                             | CUSIP: 74166YAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2031518.00   | 0.03%             | 2055-07-30      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                       | Qorvo Inc                                                                        | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |   2839000 | PA      | $2562612.85   | 0.04%             | 2031-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| RBSGC Mortgage Pass Through Ce                  | RBSGC Mortgage Loan Trust 2005-A                                                 | CUSIP: 74927UAZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6048890 | PA      | $2163385.63   | 0.03%             | 2035-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                          | Radiology Partners Inc                                                           | CUSIP: 75041VAE4<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1068812.70   | 0.02%             | 2032-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                         | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |    490000 | PA      | $493299.70    | 0.01%             | 2031-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                    | SM Energy Co                                                                     | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    720000 | PA      | $710227.89    | 0.01%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                  | Sabre GLBL Inc                                                                   | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    520000 | PA      | $536273.95    | 0.01%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Recei                  | Securitized Asset Backed Receivables LLC Trust 2007-HE1                          | CUSIP: 81377JAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  19085105 | PA      | $4105900.85   | 0.06%             | 2036-12-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                        | Service Properties Trust                                                         | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    550000 | PA      | $565998.40    | 0.01%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SERVPRO MASTER ISSUER, LLC                      | SERVPRO Master Issuer LLC                                                        | CUSIP: 817743AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    945000 | PA      | $930093.00    | 0.01%             | 2049-10-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                              | Siemens Funding BV                                                               | CUSIP: 82622RAF3<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | DE        |   2840000 | PA      | $2924718.62   | 0.04%             | 2055-05-28      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                             | Sound Point Clo XX Ltd                                                           | CUSIP: 83611JAE5<br>LEI: 549300RTEBF0FW35D815 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1002699.00   | 0.02%             | 2031-07-26      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| STAR LEASING CO LLC                             | Star Leasing Co LLC                                                              | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |    605000 | PA      | $600445.80    | 0.01%             | 2030-02-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Sunrun Issuer                                   | Sunrun Atlas Issuer 2019-2 LLC                                                   | CUSIP: 86772FAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4132322 | PA      | $3917373.44   | 0.06%             | 2055-02-01      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                | T-Mobile USA Inc                                                                 | CUSIP: 87264ADN2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   3112000 | PA      | $2844086.05   | 0.04%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                            | Targa Resources Corp                                                             | CUSIP: 87612GAK7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1074000 | PA      | $1078282.48   | 0.02%             | 2035-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                           | Tenet Healthcare Corp                                                            | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    950000 | PA      | $950557.13    | 0.01%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                           | Truist Financial Corp                                                            | CUSIP: 89788MAT9<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4792930.99   | 0.07%             | 2032-08-05      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| USQ Rail                                        | USQ Rail I LLC                                                                   | CUSIP: 90352WAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11846478 | PA      | $11109295.36  | 0.17%             | 2051-02-28      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                             | United Airlines Inc                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1255000 | PA      | $1219050.78   | 0.02%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                 | United States Treasury Note/Bond                                                 | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 289650000 | PA      | $248521962.17 | 3.82%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Upgrade Master Pass-Thru Trust                  | Upgrade Master Pass-Thru Trust                                                   | CUSIP: 91531XAD6<br>LEI: 54930089533DCF1JSH22 | Long             | ABS-O            | CORP              | US        |    133057 | PA      | $124391.08    | 0.00%             | 2027-07-15      | Variable      | 16.14%                | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                    | Upstart Securitization Trust 2021-3                                              | CUSIP: 91679LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1404353 | PA      | $1390625.65   | 0.02%             | 2031-07-20      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Upstart Pass Through Trust                      | Upstart Pass-Through Trust Series 2021-ST2                                       | CUSIP: 91682CAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     69284 | PA      | $69179.56     | 0.00%             | 2027-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VEGAS Trust                                     | VEGAS Trust 2024-TI                                                              | CUSIP: 92254AAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2775000 | PA      | $2813949.35   | 0.04%             | 2039-11-10      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                     | Workday Inc                                                                      | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |   2639000 | PA      | $2480728.69   | 0.04%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| UNIGEL LUXEMBOURG SA                            | Unigel Luxembourg SA                                                             | CUSIP: YR2658494<br>LEI: 213800Y16R77O7LH7X62 | Long             | DBT              | CORP              | BR        |     59871 | PA      | $48196.20     | 0.00%             | 2027-12-31      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| TRICORBRAUN HOLDINGS INC                        | TricorBraun Holdings Inc                                                         | CUSIP: 00184NAB3<br>LEI: 2549009AB5YVVW5J1U62 | Long             | LON              | CORP              | US        |    497491 | PA      | $497535.42    | 0.01%             | 2028-03-03      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                     | Staples Inc                                                                      | CUSIP: 855031AU4<br>LEI: XQM2JINI1UL7642TU573 | Long             | LON              | CORP              | US        |    377150 | PA      | $348997.64    | 0.01%             | 2029-09-10      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| SOTERA HEALTH HLDGS LLC                         | Sotera Health Holdings LLC                                                       | CUSIP: 83600VAG6<br>LEI: 549300OVT7MBXFLOFU20 | Long             | LON              | CORP              | US        |   1402950 | PA      | $1410848.61   | 0.02%             | 2031-05-30      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC                            | Signia Aerospace LLC                                                             | CUSIP: 82670NAB2<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |    629538 | PA      | $633473.07    | 0.01%             | 2031-12-11      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| FINTHRIVE SOFTWARE INTER                        | FinThrive Software Intermediate Holdings Inc                                     | CUSIP: 31810YAC4<br>LEI: 25490077VXHBSKJ52J14 | Long             | LON              | CORP              | US        |     63686 | PA      | $62082.85     | 0.00%             | 2028-12-18      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| FINTHRIVE SOFTWARE INTER                        | FinThrive Software Intermediate Holdings Inc                                     | CUSIP: 31810YAD2<br>LEI: 25490077VXHBSKJ52J14 | Long             | LON              | CORP              | US        |    106410 | PA      | $96300.68     | 0.00%             | 2028-12-18      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| TIGER ACQUISITION LLC                           | Tiger Acquisition LLC                                                            | CUSIP: 88675UAD4<br>LEI: 25490011XE2GWJKY5N51 | Long             | LON              | CORP              | US        |    816814 | PA      | $819652.57    | 0.01%             | 2028-06-01      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| SAZERAC CO INC                                  | Sazerac Co Inc                                                                   | CUSIP: N/A<br>LEI: 9QU0CG1O4LSOB6IFK895       | Long             | LON              | CORP              | US        |    260000 | PA      | $260325.00    | 0.00%             | 2032-06-25      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| WIPRO IT SERVICE                                | Wipro IT Services LLC                                                            | CUSIP: BQ1012856<br>LEI: 549300S6XZZ65F0EJS98 | Long             | DBT              | CORP              | IN        |    450000 | PA      | $436821.16    | 0.01%             | 2026-06-23      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HUSKY INJECTION / TITAN                         | Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                      | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1870000 | PA      | $1957512.24   | 0.03%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| IndyMac IMSC Mortgage Loan Tru                  | IndyMac IMSC Mortgage Loan Trust 2007-HOA1                                       | CUSIP: 45670LAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1271544 | PA      | $834973.79    | 0.01%             | 2047-07-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODU                        | Installed Building Products Inc                                                  | CUSIP: 45780RAA9<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |   1435000 | PA      | $1436566.88   | 0.02%             | 2028-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                               | Iron Mountain Inc                                                                | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    240000 | PA      | $246937.44    | 0.00%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                  | JP Morgan Chase Commercial Mortgage Securities Trust 2015-JP1                    | CUSIP: 46590KAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  43918401 | PA      | $85676.02     | 0.00%             | 2049-01-15      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| Katayma CLO Ltd                                 | Katayma CLO I Ltd                                                                | CUSIP: 48585JAA8<br>LEI: 254900I6JJYMZNFX8987 | Long             | ABS-CBDO         | CORP              | US        |   2190000 | PA      | $2203154.45   | 0.03%             | 2036-10-20      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| USASF Receivables LLC                           | US Auto Funding 2021-1                                                           | CUSIP: 90355EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1443378 | PA      | $1347110.22   | 0.02%             | 2026-05-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                 | United States Treasury Note/Bond                                                 | CUSIP: 912810SQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 355220000 | PA      | $218640684.27 | 3.36%             | 2040-08-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                              | Viking Cruises Ltd                                                               | CUSIP: 92676XAD9<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1416675.36   | 0.02%             | 2027-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Tra                  | VOLT CIII LLC                                                                    | CUSIP: 92873JAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1704672 | PA      | $1705990.44   | 0.03%             | 2051-08-25      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                    | Voya CLO 2014-1 Ltd                                                              | CUSIP: 92915PAR6<br>LEI: 549300ITL5IR423IJ183 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $3034547.10   | 0.05%             | 2031-04-18      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                                | Wand NewCo 3 Inc                                                                 | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |    790000 | PA      | $830944.91    | 0.01%             | 2032-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2007-3 Trust   | CUSIP: 93936JAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    551287 | PA      | $495111.35    | 0.01%             | 2037-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2007-5 Trust   | CUSIP: 93936PAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     45952 | PA      | $51829.84     | 0.00%             | 2037-06-25      | Floating      | 12.88%                | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                              | Wind River 2021-1 CLO Ltd                                                        | CUSIP: 97314HAY5<br>LEI: 549300OBHD9JXBHL6R27 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $1992482.20   | 0.03%             | 2037-07-20      | Floating      | 8.22%                 | No            |                  2 | On Loan: No      |
| CYBORG OLDCO DC HOLDINGS                        | Cyborg Oldco DC Holdings Inc                                                     | CUSIP: 19633FAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    358331 | PA      | $0.00         | 0.00%             | 2024-05-01      | Floating      | 7.30%                 | No            |                  3 | On Loan: No      |
| CSC HOLDINGS LLC                                | CSC Holdings LLC                                                                 | CUSIP: 64072UAM4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    355000 | PA      | $350763.08    | 0.01%             | 2028-01-18      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| Verde Purchaser LLC                             | Verde Purchaser LLC, Senior Secured First Lien Term Loan                         | CUSIP: 92338TAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    319298 | PA      | $320814.92    | 0.00%             | 2030-11-30      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| CPPIB OVM MEMBER US LLC                         | CPPIB OVM Member US LLC                                                          | CUSIP: 12673CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    487800 | PA      | $487190.06    | 0.01%             | 2031-08-20      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| CURIUM BIDCO SARL                               | Curium Bidco Sarl                                                                | CUSIP: N/A<br>LEI: 213800P2VV9KG6N9L140       | Long             | LON              | CORP              | LU        |    138124 | PA      | $138670.79    | 0.00%             | 2029-07-31      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| CUBE A&D BUYER INC                              | Cube A&D Buyer Inc                                                               | CUSIP: 22971EAB4<br>LEI: 25490058FG1NWDNJ5K52 | Long             | LON              | CORP              | US        |    910000 | PA      | $915969.60    | 0.01%             | 2031-10-20      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| CROWN FINANCE US INC                            | Crown Finance US Inc                                                             | CUSIP: 22834KAU5<br>LEI: 254900ABTWPQTCKKR839 | Long             | LON              | CORP              | US        |    808212 | PA      | $809020.71    | 0.01%             | 2031-12-02      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| JSW HYDRO ENERGY LTD                            | JSW Hydro Energy Ltd                                                             | CUSIP: BP4638287<br>LEI: 3358006ZP5KO7VUH2790 | Long             | DBT              | CORP              | IN        |   2556000 | PA      | $2354878.07   | 0.04%             | 2031-05-18      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                              | Bausch + Lomb Corp                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1567500.00   | 0.02%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                           | Bausch Health Cos Inc                                                            | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | US        |    465000 | PA      | $294854.18    | 0.00%             | 2030-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                        | Benchmark 2025-V15 Mortgage Trust                                                | CUSIP: 08164CAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3338000 | PA      | $3510886.37   | 0.05%             | 2058-06-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                            | BlueMountain CLO XXIII Ltd                                                       | CUSIP: 09629LAY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2500000 | PA      | $2527116.75   | 0.04%             | 2037-07-20      | Floating      | 8.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DVMA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  47843590 | PA      | $42141404.17  | 0.65%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DVMQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8477514 | PA      | $8581797.94   | 0.13%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132E03H3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9683948 | PA      | $7794410.03   | 0.12%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132E0D25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  26267442 | PA      | $25965219.62  | 0.40%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137A4FY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    311159 | PA      | $306744.93    | 0.00%             | 2030-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137A5VL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    162797 | PA      | $124088.61    | 0.00%             | 2041-01-15      | Floating      | 0.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137A7PG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    448898 | PA      | $444544.73    | 0.01%             | 2041-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31394KZD9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23216 | PA      | $24370.10     | 0.00%             | 2033-07-15      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31397PJ35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     77232 | PA      | $5362.90      | 0.00%             | 2037-11-15      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| AASET 2021-2 Trust                              | Aaset 2021-2 Trust                                                               | CUSIP: 00258BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2376836 | PA      | $2221856.44   | 0.03%             | 2047-01-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                        | Agilent Technologies Inc                                                         | CUSIP: 00846UAR2<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |   4958000 | PA      | $4881545.61   | 0.08%             | 2034-09-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31398QGM3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    142106 | PA      | $10469.53     | 0.00%             | 2040-05-15      | Floating      | 1.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 31427MK26<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  35234648 | PA      | $36515325.15  | 0.56%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae II Pool                                                               | CUSIP: 3622ABGW6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  23290330 | PA      | $19693187.76  | 0.30%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Ginnie Mae II Pool                                                               | CUSIP: 3622ACK74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9626331 | PA      | $8855094.46   | 0.14%             | 2051-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE / IRELAND DAC                         | Aircastle Ltd / Aircastle Ireland DAC                                            | CUSIP: 00929JAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4557000 | PA      | $4597341.71   | 0.07%             | 2030-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-23CB                                                 | CUSIP: 02151EAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1263848 | PA      | $194938.03    | 0.00%             | 2037-09-25      | Floating      | 2.07%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                          | GSAA Home Equity Trust 2007-10                                                   | CUSIP: 3622NDAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    929407 | PA      | $336147.36    | 0.01%             | 2037-11-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                         | GSR Mortgage Loan Trust 2006-3F                                                  | CUSIP: 362334HH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1418665 | PA      | $762004.39    | 0.01%             | 2036-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-16CB                                                 | CUSIP: 02152AAM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    288648 | PA      | $367453.33    | 0.01%             | 2037-08-25      | Floating      | 17.64%                | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                         | American National Group Inc                                                      | CUSIP: 025676AN7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   2002000 | PA      | $2051106.86   | 0.03%             | 2029-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38374BXU2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     59207 | PA      | $354.86       | 0.00%             | 2033-08-20      | Floating      | 2.67%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38377QY84<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1038286 | PA      | $1042489.78   | 0.02%             | 2041-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                           | American Homes 4 Rent LP                                                         | CUSIP: 02666TAG2<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |   6927000 | PA      | $7046559.33   | 0.11%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICOLD REALTY OPER PA                        | Americold Realty Operating Partnership LP                                        | CUSIP: 03063UAB7<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              | CORP              | US        |   2057000 | PA      | $2068037.16   | 0.03%             | 2032-05-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                  | Government National Mortgage Association                                         | CUSIP: 38383AJR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  19114453 | PA      | $3092334.24   | 0.05%             | 2051-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GRAFTECH FINANCE INC                            | GrafTech Finance Inc                                                             | CUSIP: 384311AC0<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |    350000 | PA      | $241500.00    | 0.00%             | 2029-12-23      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OP CORP                         | Gulfport Energy Operating Corp                                                   | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1256975.77   | 0.02%             | 2029-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                  | Home Partners of America 2021-1 Trust                                            | CUSIP: 437300AG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2452437 | PA      | $2148714.46   | 0.03%             | 2041-09-17      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS                           | QXO Building Products Inc                                                        | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    425000 | PA      | $438898.35    | 0.01%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                           | Quest Diagnostics Inc                                                            | CUSIP: 74834LBG4<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |   4771000 | PA      | $4749745.91   | 0.07%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S                  | BBCMS Mortgage Trust 2022-C16                                                    | CUSIP: 05552YAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5785000 | PA      | $5707940.91   | 0.09%             | 2055-06-15      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                        | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971V2D6<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |   3550000 | PA      | $3445318.67   | 0.05%             | 2031-09-30      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| GOLD FIELDS OROGEN HOLD                         | Gold Fields Orogen Holdings BVI Ltd                                              | CUSIP: ZS5391108<br>LEI: 213800CLGJ2E9KGU2F20 | Long             | DBT              | CORP              | ZA        |   2100000 | PA      | $2185280.35   | 0.03%             | 2029-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                           | Quikrete Holdings Inc                                                            | CUSIP: 74839XAM1<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    173253 | PA      | $173145.00    | 0.00%             | 2031-04-14      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| GNL QUINTERO SA                                 | GNL Quintero SA                                                                  | CUSIP: EK4069044<br>LEI: 549300JJJIQXE6E1QY27 | Long             | DBT              | CORP              | CL        |    635520 | PA      | $630554.36    | 0.01%             | 2029-07-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PRUMO PARTICIPACOES E IN                        | Prumo Participacoes e Investimentos S/A                                          | CUSIP: ZQ2487259<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |   4825713 | PA      | $4892245.36   | 0.08%             | 2031-12-31      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Bank                                            | BANK 2021-BNK32                                                                  | CUSIP: 06542BBC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1910000 | PA      | $1720083.54   | 0.03%             | 2054-04-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Bank5                                           | BANK5 2025-5YR15                                                                 | CUSIP: 065924AP7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3280000 | PA      | $3386836.16   | 0.05%             | 2030-06-15      | Variable      | 5.76%                 | No            |                  2 | On Loan: No      |
| Bank5                                           | BANK5 2024-5YR10                                                                 | CUSIP: 06604AAM6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5608000 | PA      | $5750904.18   | 0.09%             | 2057-10-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR9                                 | BANK5 2024-5YR9                                                                  | CUSIP: 06644VBG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5478000 | PA      | $5676381.94   | 0.09%             | 2057-08-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                        | Benchmark 2024-V11 Mortgage Trust                                                | CUSIP: 081921AZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4793000 | PA      | $5028725.49   | 0.08%             | 2057-11-15      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                | Berry Global Inc                                                                 | CUSIP: 08576PAQ4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   2930000 | PA      | $3025442.03   | 0.05%             | 2034-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                              | BMO 2025-5C11 Mortgage Trust                                                     | CUSIP: 096941AF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4874000 | PA      | $5078815.23   | 0.08%             | 2058-07-15      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                         | Brighthouse Financial Global Funding                                             | CUSIP: 10921U2E7<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   2821000 | PA      | $2597069.02   | 0.04%             | 2028-06-28      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                                 | CLI Funding IX LLC                                                               | CUSIP: 12571WAG8<br>LEI: 2549008S2Z91ASJFZL83 | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4039920.00   | 0.06%             | 2050-06-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                | CSC Holdings LLC                                                                 | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1607621.38   | 0.02%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                  | CSAIL 2016-C6 Commercial Mortgage Trust                                          | CUSIP: 12636MAG3<br>LEI: 549300C2HE5FJAWYZL57 | Long             | ABS-MBS          | CORP              | US        |  33804214 | PA      | $159741.81    | 0.00%             | 2049-01-15      | Variable      | 2.01%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | CSMC Mortgage-Backed Trust 2007-1                                                | CUSIP: 126378AW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     62272 | PA      | $7179.07      | 0.00%             | 2022-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | CSMC 2021-B33                                                                    | CUSIP: 12658WAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6380000 | PA      | $5644549.97   | 0.09%             | 2043-10-10      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2005-37T1                                                 | CUSIP: 12667G2X0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11578658 | PA      | $7041316.68   | 0.11%             | 2035-09-25      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                           | The Campbell's Company                                                           | CUSIP: 134429BP3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   2421000 | PA      | $2460307.11   | 0.04%             | 2034-03-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | Credit Suisse Mortgage Capital Certificates                                      | CUSIP: 22943YNQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3010948 | PA      | $1308539.75   | 0.02%             | 2038-01-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DELL INC                                        | Dell Inc                                                                         | CUSIP: 24702RAF8<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |   2221000 | PA      | $2376887.55   | 0.04%             | 2038-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Mortgage Securities,                   | Deutsche Mortgage Securities Inc Mortgage Loan Trust Series 2006-PR1             | CUSIP: 25157GAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     16922 | PA      | $16404.56     | 0.00%             | 2036-04-15      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| DIAGEO INVESTMENT CORP                          | Diageo Investment Corp                                                           | CUSIP: 25245BAC1<br>LEI: S4G8DPIPDVCF6CB81Z61 | Long             | DBT              | CORP              | GB        |   3810000 | PA      | $3926438.67   | 0.06%             | 2030-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Diamond Infrastructure Funding                  | Diamond Infrastructure Funding LLC                                               | CUSIP: 25265LAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2836252.20   | 0.04%             | 2049-04-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| DIGICEL GROUP HOLDINGS                          | Digicel Group Holdings Ltd                                                       | CUSIP: 25381HAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | JM        |    618361 | PA      | $27037.47     | 0.00%             | 2030-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| DIGICEL GROUP HOLDINGS                          | Digicel Group Holdings Ltd                                                       | CUSIP: 25381HAR9<br>LEI: N/A                  | Long             | DBT              | CORP              | JM        |   1782268 | PA      | $11104.06     | 0.00%             | 2030-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| DoubleLine Infrastructure Inco                  | DoubleLine Infrastructure Income Fund                                            | CUSIP: 258620673<br>LEI: 549300CYGMJO6CGRJP72 | Long             | EC               | RF                | US        |  27534253 | NS      | $260749373.25 | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP                                | Duke Energy Corp                                                                 | CUSIP: 26441CBU8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   1656000 | PA      | $1454013.01   | 0.02%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS                              | Eastern Energy Gas Holdings LLC                                                  | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |   5077000 | PA      | $4859004.64   | 0.07%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables                   | Exeter Automobile Receivables Trust 2021-2                                       | CUSIP: 30166RAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8500000 | PA      | $8426978.20   | 0.13%             | 2028-02-15      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 31402RAB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    124619 | PA      | $126382.96    | 0.00%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140J8RQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1646476 | PA      | $1493676.40   | 0.02%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140LFP32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  36599790 | PA      | $32433407.52  | 0.50%             | 2032-04-01      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| HSI Asset Securitization Corpo                  | HSI Asset Securitization Corp Trust 2007-NC1                                     | CUSIP: 40430TAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8720435 | PA      | $5684491.63   | 0.09%             | 2037-04-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                        | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    485000 | PA      | $474708.88    | 0.01%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HSI Asset Securitization Corpo                  | HSI Asset Securitization Corp Trust 2006-HE1                                     | CUSIP: 44328AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  21388494 | PA      | $5839118.65   | 0.09%             | 2036-10-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                  | Morgan Stanley                                                                   | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2421000 | PA      | $2491486.37   | 0.04%             | 2038-01-19      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                             | NCL Corp Ltd                                                                     | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | US        |    181000 | PA      | $181943.92    | 0.00%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                             | NCL Corp Ltd                                                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | US        |    495000 | PA      | $506015.48    | 0.01%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                    | Navient Corp                                                                     | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    335000 | PA      | $333878.50    | 0.01%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                    | Navient Corp                                                                     | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    350000 | PA      | $364437.09    | 0.01%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                      | NetApp Inc                                                                       | CUSIP: 64110DAM6<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |   2332000 | PA      | $2402863.18   | 0.04%             | 2032-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NJ Trust 2023-GSP                               | NJ Trust 2023-GSP                                                                | CUSIP: 65486XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2300000 | PA      | $2421443.22   | 0.04%             | 2029-01-06      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Nomura Asset Acceptance Corpor                  | Nomura Asset Acceptance Corp Alternative Loan Trust Series 2006-AP1              | CUSIP: 65535VSJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    157197 | PA      | $45117.46     | 0.00%             | 2036-01-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                             | NuStar Logistics LP                                                              | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1657299.65   | 0.03%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OFSI Fund LTD                                   | OFSI BSL XI Ltd                                                                  | CUSIP: 67115PAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1008218.30   | 0.02%             | 2035-10-18      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners XV                  | Octagon Investment Partners XVI Ltd                                              | CUSIP: 67590BAY6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2006815.80   | 0.03%             | 2030-07-17      | Floating      | 7.54%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                        | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   2512000 | PA      | $2524396.37   | 0.04%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                  | 1261229 BC Ltd                                                                   | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    815000 | PA      | $822734.33    | 0.01%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Option One Mortgage Loan Trust                  | Option One Mortgage Loan Trust 2007-6                                            | CUSIP: 68403KAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  15158631 | PA      | $13472110.48  | 0.21%             | 2037-07-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                        | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1220000 | PA      | $1292558.28   | 0.02%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                               | PRPM 2025-4 LLC                                                                  | CUSIP: 69382KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $4054140.00   | 0.06%             | 2030-06-25      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                   | Parkland Corp                                                                    | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    690000 | PA      | $661265.87    | 0.01%             | 2030-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                        | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAC1<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |   1100000 | PA      | $1089823.35   | 0.02%             | 2027-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                  | RALI Series 2006-QS6 Trust                                                       | CUSIP: 74922EAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    297890 | PA      | $244040.35    | 0.00%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                   | TransDigm Inc                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1143883.35   | 0.02%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                           | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    785000 | PA      | $830727.82    | 0.01%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                   | UBS Commercial Mortgage Trust 2017-C6                                            | CUSIP: 90276UBD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2491000 | PA      | $2312344.48   | 0.04%             | 2050-12-15      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                           | Uber Technologies Inc                                                            | CUSIP: 90353TAP5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   4859000 | PA      | $4775845.02   | 0.07%             | 2034-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                           | Mexico Government International Bond                                             | CUSIP: 91087BAS9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   2800000 | PA      | $1971830.00   | 0.03%             | 2052-02-12      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS                          | Bausch Health Americas Inc                                                       | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    230000 | PA      | $219225.65    | 0.00%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Wachovia Bank Commercial Mortg                  | Wachovia Bank Commercial Mortgage Trust Series 2006-C29                          | CUSIP: 92978PAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5399 | PA      | $11.58        | 0.00%             | 2048-11-15      | Variable      | 0.49%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer                  | WaMu Mortgage Pass-Through Certificates Series 2007-HY7 Trust                    | CUSIP: 93364FAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3824919 | PA      | $3430984.10   | 0.05%             | 2037-07-25      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2005-1 Trust   | CUSIP: 9393362K8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65622 | PA      | $57190.00     | 0.00%             | 2035-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-2 Trust   | CUSIP: 93934FMF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    921891 | PA      | $910846.37    | 0.01%             | 2036-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-8 Trust   | CUSIP: 93935EAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6802835 | PA      | $2302876.01   | 0.04%             | 2036-10-25      | Variable      | 4.11%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                     | Wayfair LLC                                                                      | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    615000 | PA      | $616813.02    | 0.01%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2018-C45                                   | CUSIP: 95001NBD9<br>LEI: 5493006021R83VCLAO08 | Long             | ABS-MBS          | CORP              | US        |   2638000 | PA      | $2532774.93   | 0.04%             | 2051-06-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                           | Minerva Luxembourg SA                                                            | CUSIP: AQ3244920<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $400596.48    | 0.01%             | 2028-01-19      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                | CSC Holdings LLC                                                                 | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    618018 | PA      | $602901.42    | 0.01%             | 2027-04-15      | Floating      | 9.00%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                            | Cornerstone Building Brands Inc                                                  | CUSIP: 72431HAD2<br>LEI: 549300IW41QEWQ6T0H29 | Long             | LON              | CORP              | US        |    448308 | PA      | $401610.32    | 0.01%             | 2028-04-12      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| EAB GLOBAL INC                                  | EAB Global Inc                                                                   | CUSIP: 26835CAC3<br>LEI: 254900WJRUVZKYEF1M36 | Long             | LON              | CORP              | US        |   1004850 | PA      | $988521.19    | 0.02%             | 2030-08-16      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| DEXKO GLOBAL INC                                | Dexko Global Inc                                                                 | CUSIP: 25213YAU9<br>LEI: 549300SMZ4OV1KBH1M19 | Long             | LON              | CORP              | US        |    538064 | PA      | $516212.95    | 0.01%             | 2028-10-04      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| EAGLE PARENT CORP                               | Eagle Parent Corp                                                                | CUSIP: 26972CAC6<br>LEI: 5493007MVERDD2NKNE42 | Long             | LON              | CORP              | US        |     89353 | PA      | $88757.68     | 0.00%             | 2029-04-02      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                          | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |    666440 | PA      | $665873.94    | 0.01%             | 2029-04-13      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| ONTARIO GAMING GTA LP                           | Ontario Gaming GTA LP                                                            | CUSIP: N/A<br>LEI: 894500EC9KLZLOC3V025       | Long             | LON              | CORP              | CA        |    624670 | PA      | $619497.63    | 0.01%             | 2030-08-01      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                              | Bausch + Lomb Corp                                                               | CUSIP: C0787FAF9<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |    551600 | PA      | $552750.09    | 0.01%             | 2028-09-29      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| NEP Group, Inc.                                 | NEP Group, Inc., Senior Secured First Lien Term Loan                             | CUSIP: 62908HAM7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    850362 | PA      | $785789.36    | 0.01%             | 2026-08-19      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| NEP Group, Inc.                                 | NEP Group, Inc., Senior Secured First Lien Term Loan                             | CUSIP: 62908HAM7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     32291 | PA      | $29839.25     | 0.00%             | 2026-08-19      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| MOTION FINCO SARL                               | Motion Finco Sarl                                                                | CUSIP: N/A<br>LEI: 2549002L1LBQZKA7UN30       | Long             | LON              | CORP              | LU        |    523647 | PA      | $499758.47    | 0.01%             | 2029-11-30      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| MISTER CAR WASH HOLDINGS IN                     | Mister Car Wash Holdings Inc                                                     | CUSIP: 60646CAK3<br>LEI: 549300BARUQU0U2GQE05 | Long             | LON              | CORP              | US        |    204082 | PA      | $204720.24    | 0.00%             | 2031-03-27      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| WATERBRIDGE MIDSTREAM OP                        | WaterBridge Midstream Operating LLC                                              | CUSIP: 94120XAF2<br>LEI: 549300DVU86VSP486341 | Long             | LON              | CORP              | US        |    777744 | PA      | $775659.26    | 0.01%             | 2029-06-27      | Floating      | 9.31%                 | No            |                  2 | On Loan: No      |
| Pretzel Parent, Inc.                            | Pretzel Parent, Inc., Senior Secured First Lien Term Loan                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    160000 | PA      | $159080.00    | 0.00%             | 2031-10-01      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| CURIUM BIDCO SARL                               | Curium Bidco Sarl                                                                | CUSIP: N/A<br>LEI: 213800P2VV9KG6N9L140       | Long             | LON              | CORP              | LU        |    205055 | PA      | $205866.86    | 0.00%             | 2029-07-31      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| CURIUM BIDCO SARL                               | Curium Bidco Sarl                                                                | CUSIP: N/A<br>LEI: 213800P2VV9KG6N9L140       | Long             | LON              | CORP              | LU        |     61372 | PA      | $61615.02     | 0.00%             | 2029-07-31      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| DYNASTY ACQUISITION CO I                        | Dynasty Acquisition Co Inc                                                       | CUSIP: 26812CAP1<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    186909 | PA      | $187205.59    | 0.00%             | 2031-10-31      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                    | MH Sub I LLC                                                                     | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    963990 | PA      | $840179.73    | 0.01%             | 2031-12-31      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| EDELMAN FINANCIAL CENTER                        | Edelman Financial Engines Center LLC/The                                         | CUSIP: 27943UAM8<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    795000 | PA      | $796768.88    | 0.01%             | 2028-04-07      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| CNT HOLDINGS I CORP                             | CNT Holdings I Corp                                                              | CUSIP: 12656AAF6<br>LEI: 254900SYIEHMSB69WT08 | Long             | LON              | CORP              | US        |    173250 | PA      | $173872.83    | 0.00%             | 2032-11-08      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| BCPE EMPIRE HOLDINGS INC                        | BCPE Empire Holdings Inc                                                         | CUSIP: 05550HAQ8<br>LEI: 549300O2G0VI2955B626 | Long             | LON              | CORP              | US        |   2409091 | PA      | $2398249.97   | 0.04%             | 2030-12-26      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                              | Bausch + Lomb Corp                                                               | CUSIP: N/A<br>LEI: 549300NY6OZM39SO6475       | Long             | LON              | CORP              | US        |   1385000 | PA      | $1389335.05   | 0.02%             | 2031-01-15      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| COMETA ENERGIA SA                               | Cometa Energia SA de CV                                                          | CUSIP: AS3189436<br>LEI: 5493007L8UH7TYXKI505 | Long             | DBT              | CORP              | MX        |    379000 | PA      | $390874.58    | 0.01%             | 2035-04-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                           | Guatemala Government Bond                                                        | CUSIP: EJ5486794<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    800000 | PA      | $792348.00    | 0.01%             | 2028-02-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MINSUR SA                                       | Minsur SA                                                                        | CUSIP: BS1363347<br>LEI: 254900C69MVC7SXO2G61 | Long             | DBT              | CORP              | PE        |   2000000 | PA      | $1862099.60   | 0.03%             | 2031-10-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ORAZUL ENERGY PERU SA                           | Orazul Energy Peru SA                                                            | CUSIP: AN3641437<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |   1228000 | PA      | $1217310.26   | 0.02%             | 2027-04-28      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI                        | Adani Electricity Mumbai Ltd                                                     | CUSIP: BQ5241923<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |   1300000 | PA      | $1116178.31   | 0.02%             | 2031-07-22      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                   | AEP Texas Inc                                                                    | CUSIP: 00108WAS9<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |   2821000 | PA      | $2913121.17   | 0.04%             | 2029-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AES ESPANA BV                                   | AES Espana BV                                                                    | CUSIP: 00109YAA3<br>LEI: 7245003VZ59682IZLJ86 | Long             | DBT              | CORP              | DO        |   2600000 | PA      | $2495402.00   | 0.04%             | 2028-05-04      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                          | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $394093.01    | 0.01%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ACURIS FIN US/ACURIS FIN                        | Acuris Finance US Inc / Acuris Finance SARL                                      | CUSIP: 00511BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1575925.56   | 0.02%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adjustable Rate Mortgage Trust                  | Adjustable Rate Mortgage Trust 2007-3                                            | CUSIP: 00703RAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     17597 | PA      | $17395.62     | 0.00%             | 2037-11-25      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Affirm Master Trust                             | Affirm Master Trust                                                              | CUSIP: 00833BAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4015319.20   | 0.06%             | 2033-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                       | Amgen Inc                                                                        | CUSIP: 031162DU1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   6866000 | PA      | $6680188.67   | 0.10%             | 2063-03-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                   | Amphenol Corp                                                                    | CUSIP: 032095AS0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   2439000 | PA      | $2388633.33   | 0.04%             | 2054-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                             | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   3974000 | PA      | $3503564.87   | 0.05%             | 2032-10-20      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                             | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |   2506000 | PA      | $2601611.42   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank                                            | BANK 2025-BNK50                                                                  | CUSIP: 064908AT3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        | 163700000 | PA      | $4783641.40   | 0.07%             | 2068-05-15      | Variable      | 0.35%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                               | Battalion CLO XXIII Ltd                                                          | CUSIP: 07135LAL0<br>LEI: 54930050XKM90CCQIQ92 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $3013730.10   | 0.05%             | 2037-10-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                            | Colombia Government International Bond                                           | CUSIP: 195325DT9<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |  10700000 | PA      | $6117083.00   | 0.09%             | 2051-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                              | Meta Platforms Inc                                                               | CUSIP: 30303M8J4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   5394000 | PA      | $4551036.20   | 0.07%             | 2052-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                  | Long Beach Mortgage Loan Trust 2006-2                                            | CUSIP: 542514TT1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  32934718 | PA      | $11646809.67  | 0.18%             | 2046-03-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                  | Long Beach Mortgage Loan Trust 2006-3                                            | CUSIP: 542514UK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12775231 | PA      | $3829571.09   | 0.06%             | 2046-05-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                  | Long Beach Mortgage Loan Trust 2006-6                                            | CUSIP: 54251RAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14969325 | PA      | $5930006.91   | 0.09%             | 2036-07-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                  | Lowe's Cos Inc                                                                   | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   2839000 | PA      | $2732711.30   | 0.04%             | 2053-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Mach I                                          | MACH 1 Cayman 2019-1 Ltd                                                         | CUSIP: 55446MAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |   4969383 | PA      | $4858829.60   | 0.07%             | 2039-10-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                            | Michaels Cos Inc/The                                                             | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    505000 | PA      | $406273.41    | 0.01%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga                  | MF1 2024-FL15                                                                    | CUSIP: 58003MAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    910000 | PA      | $913300.57    | 0.01%             | 2041-08-18      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                             | Meritage Homes Corp                                                              | CUSIP: 59001ABG6<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   2839000 | PA      | $2849163.62   | 0.04%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                             | NCL Corp Ltd                                                                     | CUSIP: 62886HBP5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | US        |    205000 | PA      | $206877.66    | 0.00%             | 2030-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                    | NiSource Inc                                                                     | CUSIP: 65473PAR6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   2384000 | PA      | $2487627.69   | 0.04%             | 2054-11-30      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                           | Norfolk Southern Corp                                                            | CUSIP: 655844CV8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |   2024000 | PA      | $2035018.58   | 0.03%             | 2035-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                           | Republic Services Inc                                                            | CUSIP: 760759BM1<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   9315000 | PA      | $9502091.03   | 0.15%             | 2035-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Retained Vantage Data Centers                   | Retained Vantage Data Centers Issuer LLC                                         | CUSIP: 76134KAA2<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |   6500000 | PA      | $6452982.25   | 0.10%             | 2048-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC                  | SUNNOVA HELIOS II ISSUER LLC 2018-1                                              | CUSIP: 86745JAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1937305 | PA      | $1851005.43   | 0.03%             | 2048-07-20      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                | T-Mobile USA Inc                                                                 | CUSIP: 87264ACT0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   5405000 | PA      | $3613845.54   | 0.06%             | 2052-10-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                           | Tenet Healthcare Corp                                                            | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1320000 | PA      | $1344597.09   | 0.02%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN POSEIDON LTD                         | Transocean Poseidon Ltd                                                          | CUSIP: 89383JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    519750 | PA      | $520941.79    | 0.01%             | 2027-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                   | UBS Commercial Mortgage Trust 2017-C7                                            | CUSIP: 90276WAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1450000 | PA      | $1396245.31   | 0.02%             | 2050-12-15      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                   | UBS Commercial Mortgage Trust 2017-C7                                            | CUSIP: 90276WAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6958000 | PA      | $6613933.86   | 0.10%             | 2050-12-15      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo                  | Velocity Commercial Capital Loan Trust 2018-1                                    | CUSIP: 92257AAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    310595 | PA      | $289101.83    | 0.00%             | 2048-04-25      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo                  | Velocity Commercial Capital Loan Trust 2019-1                                    | CUSIP: 92257CAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1237509 | PA      | $1157524.84   | 0.02%             | 2049-03-25      | Variable      | 3.94%                 | No            |                  2 | On Loan: No      |
| ACU PETROLEO LUXEMBOURG                         | Acu Petroleo Luxembourg Sarl                                                     | CUSIP: BT4410523<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |   2306607 | PA      | $2305475.79   | 0.04%             | 2032-01-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TIERRA MOJADA LUX II SRL                        | Tierra Mojada Luxembourg II Sarl                                                 | CUSIP: BM6311658<br>LEI: 254900H2U8PBIY32VI94 | Long             | DBT              | CORP              | MX        |   2168984 | PA      | $2050872.19   | 0.03%             | 2040-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR                          | Millicom International Cellular SA                                               | CUSIP: AX6986878<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | GT        |   1980000 | PA      | $1985714.28   | 0.03%             | 2029-03-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RENT-A-CENTER INC                               | Upbound Group Inc                                                                | CUSIP: 76009WAW0<br>LEI: 529900QUHE15UQNCCJ63 | Long             | LON              | CORP              | US        |    656909 | PA      | $660193.84    | 0.01%             | 2028-02-17      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| ADMI CORP                                       | ADMI Corp                                                                        | CUSIP: 00709LAL1<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |    735688 | PA      | $715088.25    | 0.01%             | 2027-12-23      | Floating      | 10.08%                | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                          | Radiology Partners Inc                                                           | CUSIP: 75041EAJ1<br>LEI: 549300SFTAG2177WUZ08 | Long             | LON              | CORP              | US        |   1037105 | PA      | $1037971.02   | 0.02%             | 2029-01-31      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                          | Lumen Technologies Inc                                                           | CUSIP: 55024EAF2<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    365528 | PA      | $361646.11    | 0.01%             | 2029-04-16      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                        | Trident TPI Holdings Inc                                                         | CUSIP: 00216EAL3<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    994725 | PA      | $978690.24    | 0.02%             | 2028-09-18      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC                                    | Acrisure LLC                                                                     | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |   1238847 | PA      | $1237391.55   | 0.02%             | 2030-11-06      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| TOWNSQUARE MEDIA INC                            | Townsquare Media Inc                                                             | CUSIP: 89223EAG8<br>LEI: 549300XBA8C68H0DR538 | Long             | LON              | CORP              | US        |    235000 | PA      | $212675.00    | 0.00%             | 2030-02-19      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| AADVANTAGE LOYALTY IP                           | AAdvantage Loyalty IP Ltd                                                        | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    854750 | PA      | $850407.87    | 0.01%             | 2028-04-20      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| AADVANTAGE LOYALTY IP                           | AAdvantage Loyalty IP Ltd                                                        | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    600000 | PA      | $604650.00    | 0.01%             | 2032-05-28      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                          | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX     | CUSIP: ZF1238137<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |   2400000 | PA      | $2482365.60   | 0.04%             | 2039-01-08      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| MIDWEST GMNG BOR/MWG FIN                        | Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp                        | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1238000 | PA      | $1193297.55   | 0.02%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MortgageIT Trust                                | MortgageIT Securities Corp Mortgage Loan Trust Series 2007-1                     | CUSIP: 61915YAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13101765 | PA      | $11308174.91  | 0.17%             | 2047-06-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC                          | Mosaic Solar Loan Trust 2018-1                                                   | CUSIP: 61946FAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    726378 | PA      | $680632.93    | 0.01%             | 2043-06-22      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                         | National Bank of Canada                                                          | CUSIP: 63307A3B9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   1660000 | PA      | $1658872.11   | 0.03%             | 2029-10-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                 | Nissan Motor Co Ltd                                                              | CUSIP: 654744AC5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    480000 | PA      | $461133.22    | 0.01%             | 2027-09-17      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| MATIV HOLDINGS INC                              | Mativ Holdings Inc                                                               | CUSIP: 808541AC0<br>LEI: 549300Z1FU4IDULG1R21 | Long             | DBT              | CORP              | US        |    275000 | PA      | $249514.79    | 0.00%             | 2029-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                          | Venture Global LNG Inc                                                           | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    940000 | PA      | $972118.86    | 0.01%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer                  | WaMu Mortgage Pass-Through Certificates Series 2006-AR13 Trust                   | CUSIP: 93363RAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3856834 | PA      | $3320153.35   | 0.05%             | 2046-10-25      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                  | Alternative Loan Trust 2007-OA8                                                  | CUSIP: 02148GAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4081524 | PA      | $3214897.49   | 0.05%             | 2047-06-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                | BAT Capital Corp                                                                 | CUSIP: 05526DBF1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | GB        |   4331000 | PA      | $3501615.97   | 0.05%             | 2047-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| BX Trust 2019-OC11                              | BX Trust 2019-OC11                                                               | CUSIP: 05606FAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3740000 | PA      | $3436754.44   | 0.05%             | 2041-12-09      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Secu                  | Bear Stearns Asset Backed Securities Trust 2007-SD1                              | CUSIP: 07389QAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    256094 | PA      | $89941.55     | 0.00%             | 2036-10-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                        | Benchmark 2020-B19 Mortgage Trust                                                | CUSIP: 08162WBE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4549000 | PA      | $3738510.58   | 0.06%             | 2053-09-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                           | Waste Connections Inc                                                            | CUSIP: 94106BAJ0<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | US        |   3959000 | PA      | $4049362.51   | 0.06%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Alternative Loan T                  | Wells Fargo Alternative Loan 2007-PA5 Trust                                      | CUSIP: 949922AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    276016 | PA      | $248375.42    | 0.00%             | 2037-11-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                        | Benchmark 2021-B28 Mortgage Trust                                                | CUSIP: 08163GAZ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  88522584 | PA      | $4752016.25   | 0.07%             | 2054-08-15      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                        | Benchmark 2024-V10 Mortgage Trust                                                | CUSIP: 08163UAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5600000 | PA      | $5734648.64   | 0.09%             | 2057-09-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Benchmark 2024-V8 Mortgage Tru                  | Benchmark 2024-V8 Mortgage Trust                                                 | CUSIP: 08190AAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4791000 | PA      | $5057532.91   | 0.08%             | 2057-07-15      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                        | Benchmark 2024-V9 Mortgage Trust                                                 | CUSIP: 081919AN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5443000 | PA      | $5632500.77   | 0.09%             | 2057-08-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                | Black Hills Corp                                                                 | CUSIP: 092113AX7<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |   4526000 | PA      | $4697525.44   | 0.07%             | 2035-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                        | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    610000 | PA      | $646778.12    | 0.01%             | 2032-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                              | BMO 2024-5C7 Mortgage Trust                                                      | CUSIP: 09660WAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3729000 | PA      | $3852736.42   | 0.06%             | 2057-11-15      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                             | Buckeye Partners LP                                                              | CUSIP: 118230AV3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   1730000 | PA      | $1793399.31   | 0.03%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BUFFALO ENERGY MX HLDGS                         | Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy  | CUSIP: 11952AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1400000 | PA      | $1443464.40   | 0.02%             | 2039-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                          | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1138982.28   | 0.02%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                  | Credit-Based Asset Servicing and Securitization LLC                              | CUSIP: 1248M6AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5490727 | PA      | $4841210.99   | 0.07%             | 2046-05-25      | Floating      | 2.77%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                                 | CLI Funding IX LLC                                                               | CUSIP: 12571WAJ2<br>LEI: 2549008S2Z91ASJFZL83 | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2016742.00   | 0.03%             | 2050-06-20      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2020-C58                                   | CUSIP: 95002UAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    998486 | PA      | $887183.52    | 0.01%             | 2053-07-15      | Fixed         | 1.81%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR                          | Millicom International Cellular SA                                               | CUSIP: AP0969109<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | GT        |    900000 | PA      | $890157.87    | 0.01%             | 2028-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                             | COMM 2014-CCRE16 Mortgage Trust                                                  | CUSIP: 12591VAH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1143577 | PA      | $1105192.54   | 0.02%             | 2047-04-10      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                  | CSAIL 2019-C16 Commercial Mortgage Trust                                         | CUSIP: 12596WAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5500000 | PA      | $5190899.45   | 0.08%             | 2052-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VESTIS CORP                                     | Vestis Corp                                                                      | CUSIP: 92550HAE3<br>LEI: 254900QDW0TA2TMFAP59 | Long             | LON              | CORP              | US        |    636719 | PA      | $612841.80    | 0.01%             | 2031-02-24      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| WATERBRIDGE NDB OPERATIN                        | WaterBridge NDB Operating LLC                                                    | CUSIP: 94120YAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    457700 | PA      | $458272.13    | 0.01%             | 2029-05-10      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | CSMC Mortgage-Backed Trust Series 2006-4                                         | CUSIP: 12637HAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2364895 | PA      | $826632.16    | 0.01%             | 2036-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | CSMC Mortgage-Backed Trust Series 2006-4                                         | CUSIP: 12637HAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19564 | PA      | $11378.66     | 0.00%             | 2021-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                     | McAfee Corp                                                                      | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |   1121016 | PA      | $1091006.32   | 0.02%             | 2029-03-01      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | CSMC Mortgage-Backed Trust 2007-2                                                | CUSIP: 126384AJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7897 | PA      | $5723.02      | 0.00%             | 2037-03-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                              | CNX Resources Corp                                                               | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    800000 | PA      | $803718.40    | 0.01%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP                           | CNX Midstream Partners LP                                                        | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1122406.40   | 0.02%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CAP SA                                          | CAP SA                                                                           | CUSIP: 13911YAA4<br>LEI: 54930079GPG23NTBB003 | Long             | DBT              | CORP              | CL        |   2100000 | PA      | $1689242.94   | 0.03%             | 2031-04-27      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                             | Cardinal Health Inc                                                              | CUSIP: 14149YBB3<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    674000 | PA      | $568797.72    | 0.01%             | 2044-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                  | Carlyle US CLO 2021-9 Ltd                                                        | CUSIP: 14317KAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9000000 | PA      | $9058110.30   | 0.14%             | 2034-10-20      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                      | Carvana Co                                                                       | CUSIP: 146869AL6<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    416872 | PA      | $428012.19    | 0.01%             | 2028-12-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                          | CHL Mortgage Pass-Through Trust 2007-15                                          | CUSIP: 17025TAR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    141298 | PA      | $84448.83     | 0.00%             | 2037-09-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                        | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1685000 | PA      | $1753389.10   | 0.03%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                        | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    510000 | PA      | $526908.54    | 0.01%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                                   | CommScope LLC                                                                    | CUSIP: 20338MAA0<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    520000 | PA      | $544932.69    | 0.01%             | 2031-12-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Commercial Mortg                  | DBJPM 16-C1 Mortgage Trust                                                       | CUSIP: 23312LAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  49996902 | PA      | $129276.99    | 0.00%             | 2049-05-10      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| Deutsche Mortgage Securities,                   | Deutsche Mortgage Securities Inc Mortgage Loan Trust Series 2006-PR1             | CUSIP: 25157GBH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    546232 | PA      | $519347.77    | 0.01%             | 2036-04-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                   | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1340000 | PA      | $1162450.00   | 0.02%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132DTLF5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  29357149 | PA      | $25661177.99  | 0.39%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 3137A66C1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101340 | PA      | $66012.62     | 0.00%             | 2041-01-15      | Floating      | 1.02%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                           | Guatemala Government Bond                                                        | CUSIP: BY2577850<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |   1800000 | PA      | $1791000.00   | 0.03%             | 2029-08-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANK NEGARA INDONESIA                           | Bank Negara Indonesia Persero Tbk PT                                             | CUSIP: BO7338565<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | DBT              | CORP              | ID        |   1800000 | PA      | $1781932.39   | 0.03%             | 2026-03-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31396HX53<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7222 | PA      | $7217.71      | 0.00%             | 2036-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31397RVZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10055 | PA      | $681.58       | 0.00%             | 2038-03-15      | Floating      | 1.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31398J7H0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     28072 | PA      | $1471.72      | 0.00%             | 2039-08-15      | Floating      | 0.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31398W4N1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    319388 | PA      | $332020.71    | 0.01%             | 2036-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140QTCJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  33888307 | PA      | $34774000.03  | 0.53%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XCTW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6035054 | PA      | $5365237.40   | 0.08%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XMXN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8305799 | PA      | $8511094.57   | 0.13%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae Pool                                                                  | CUSIP: 3140XQ7M3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4154764 | PA      | $4281178.76   | 0.07%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 31425VYM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8182483 | PA      | $8280204.60   | 0.13%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                  | JP Morgan Mortgage Acquisition Trust 2006-WMC4                                   | CUSIP: 46630BAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12202687 | PA      | $6362234.73   | 0.10%             | 2036-12-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                        | JP Morgan Mortgage Trust 2007-S3                                                 | CUSIP: 46631NAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    156568 | PA      | $68034.33     | 0.00%             | 2037-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                  | JPMBB Commercial Mortgage Securities Trust 2014-C25                              | CUSIP: 46643PBG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8234760 | PA      | $99.64        | 0.00%             | 2047-11-15      | Variable      | 0.61%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                             | JPMorgan Chase & Co                                                              | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4168000 | PA      | $4275241.68   | 0.07%             | 2031-01-24      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS/LOYALTY                         | JetBlue Airways Corp / JetBlue Loyalty LP                                        | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $486753.14    | 0.01%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                           | Quikrete Holdings Inc                                                            | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   1105000 | PA      | $1140858.36   | 0.02%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                  | RALI Series 2006-QS4 Trust                                                       | CUSIP: 749228AK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1526036 | PA      | $1247247.09   | 0.02%             | 2036-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                   | RFMSI Series 2007-S2 Trust                                                       | CUSIP: 749583AD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    363463 | PA      | $279574.30    | 0.00%             | 2037-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                   | RFMSI Series 2006-S10 Trust                                                      | CUSIP: 74958DAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     33075 | PA      | $26878.43     | 0.00%             | 2036-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                  | RALI Series 2006-QS10 Trust                                                      | CUSIP: 751155AJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1408819 | PA      | $1251642.32   | 0.02%             | 2036-08-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                  | RALI Series 2007-QH5 Trust                                                       | CUSIP: 75116EAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  19032812 | PA      | $8454101.11   | 0.13%             | 2037-06-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| RENESAS ELECTRONICS CORP                        | Renesas Electronics Corp                                                         | CUSIP: 75972BAB7<br>LEI: 5299000EPC47VJQOFB81 | Long             | DBT              | CORP              | JP        |   9281000 | PA      | $8978735.84   | 0.14%             | 2026-11-25      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                              | THL Credit Wind River 2018-1 Clo Ltd                                             | CUSIP: 88432VAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4000000 | PA      | $4013646.00   | 0.06%             | 2030-07-15      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                                    | VeriSign Inc                                                                     | CUSIP: 92343EAQ5<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |   6078000 | PA      | $6196579.23   | 0.10%             | 2032-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                          | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4976000 | PA      | $4890692.80   | 0.08%             | 2029-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD                                   | Videotron Ltd                                                                    | CUSIP: 92660FAT1<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |   4771000 | PA      | $4803099.29   | 0.07%             | 2035-01-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                    | Voya CLO 2018-2 Ltd                                                              | CUSIP: 92917JAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4000000 | PA      | $4017230.00   | 0.06%             | 2031-07-15      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| Wave USA                                        | WAVE 2019-1 LLC                                                                  | CUSIP: 94354KAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6930203 | PA      | $6664547.25   | 0.10%             | 2044-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2016-NXS6                                  | CUSIP: 95000KBE4<br>LEI: 549300CFP9NBBMZH1008 | Long             | ABS-MBS          | CORP              | US        |  55593918 | PA      | $474416.26    | 0.01%             | 2049-11-15      | Variable      | 1.68%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS                        | Wyndham Hotels & Resorts Inc                                                     | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1189350.50   | 0.02%             | 2028-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| YINSON BERGENIA PRODUCTI                        | Yinson Bergenia Production BV                                                    | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | BR        |    800000 | PA      | $811863.60    | 0.01%             | 2045-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                          | DBS Group Holdings Ltd                                                           | CUSIP: BO3306350<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |   4400000 | PA      | $4318443.23   | 0.07%             | 2031-03-10      | Variable      | 1.82%                 | No            |                  2 | On Loan: No      |
| CSN RESOURCES SA                                | CSN Resources SA                                                                 | CUSIP: BU2177212<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | BR        |   2200000 | PA      | $1811126.02   | 0.03%             | 2032-04-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                         | Zayo Group Holdings Inc                                                          | CUSIP: 98919XAB7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |    377145 | PA      | $359718.77    | 0.01%             | 2027-03-09      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| REALPAGE INC                                    | RealPage Inc                                                                     | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    463798 | PA      | $461133.93    | 0.01%             | 2028-04-24      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| BROWN GROUP HOLDING LLC                         | Brown Group Holding LLC                                                          | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |    290000 | PA      | $290675.70    | 0.00%             | 2031-07-01      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA BRISTOL LLC                        | Virgin Media Bristol LLC                                                         | CUSIP: N/A<br>LEI: 213800IQ982XX69LE276       | Long             | LON              | CORP              | US        |    783482 | PA      | $774534.67    | 0.01%             | 2031-03-31      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| PRETIUM PKG HOLDINGS INC                        | Pretium PKG Holdings Inc                                                         | CUSIP: 74142KAJ8<br>LEI: 254900S6SXME9YWLU075 | Long             | LON              | CORP              | US        |     10092 | PA      | $10097.40     | 0.00%             | 2028-10-02      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| ClubCorp Holdings, Inc.                         | ClubCorp Holdings, Inc., Senior Secured First Lien Term Loan                     | CUSIP: 18948TAF0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    763334 | PA      | $765241.84    | 0.01%             | 2026-09-18      | Floating      | 9.56%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                           | Caesars Entertainment Inc                                                        | CUSIP: 12768EAH9<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |    845000 | PA      | $845532.35    | 0.01%             | 2031-02-06      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| PROOFPOINT INC                                  | Proofpoint Inc                                                                   | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |     75000 | PA      | $75134.25     | 0.00%             | 2028-08-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| CPI HOLDCO B LLC                                | CPI Holdco B LLC                                                                 | CUSIP: 1261MAAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    415000 | PA      | $415130.73    | 0.01%             | 2031-05-19      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS                           | QXO Building Products Inc                                                        | CUSIP: 07368RAJ0<br>LEI: 549300HDXQWWCBOYXP31 | Long             | LON              | CORP              | US        |    162444 | PA      | $163756.18    | 0.00%             | 2032-04-30      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| CAMELOT US ACQUISITION LLC                      | Camelot US Acquisition LLC                                                       | CUSIP: N/A<br>LEI: 549300U6VBJHQP2SFL81       | Long             | LON              | CORP              | US        |    560000 | PA      | $561050.00    | 0.01%             | 2031-01-31      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Credito Real SAB de CV SOFOM ER                 | Credito Real SAB de CV SOFOM ER                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | MX        |   5400000 | PA      | $67176.05     | 0.00%             | 2163-05-29      | Variable      | 9.12%                 | No            |                  2 | On Loan: No      |
| INTEROCEANICA IV FINANCE                        | Interoceanica IV Finance Ltd                                                     | CUSIP: EG3966884<br>LEI: 5493001ZIZ6W7IU0RP65 | Long             | DBT              | CORP              | PE        |    133163 | PA      | $129334.46    | 0.00%             | 2025-11-30      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| PENNYMAC FIN SVCS INC                           | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    775000 | PA      | $823517.33    | 0.01%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                   | RFMSI Series 2007-S3 Trust                                                       | CUSIP: 74958BAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    266885 | PA      | $193905.75    | 0.00%             | 2037-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                  | RALI Series 2007-QS9 Trust                                                       | CUSIP: 75116FBH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1820568 | PA      | $1504013.69   | 0.02%             | 2037-07-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                           | Rio Tinto Finance USA PLC                                                        | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | AU        |   2876000 | PA      | $2882452.10   | 0.04%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                              | Royalty Pharma PLC                                                               | CUSIP: 78081BAR4<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | US        |   4649000 | PA      | $4712696.83   | 0.07%             | 2034-09-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| RUTAS 2 & 7 FINANCE LTD                         | Rutas 2 & 7 Finance Ltd                                                          | CUSIP: ZQ0325196<br>LEI: N/A                  | Long             | DBT              | CORP              | PY        |   4266499 | PA      | $3096091.87   | 0.05%             | 2036-09-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| REALPAGE INC                                    | RealPage Inc                                                                     | CUSIP: 75605VAH5<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    340000 | PA      | $340967.30    | 0.01%             | 2028-04-24      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC                           | Savor Acquisition Inc                                                            | CUSIP: 80536AAC6<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |     60345 | PA      | $60783.23     | 0.00%             | 2032-02-19      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust 2025-                  | AutoNation Finance Trust 2025-1                                                  | CUSIP: 05330QAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4450000 | PA      | $4516742.88   | 0.07%             | 2032-09-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor                  | Banc of America Funding 2006-2 Trust                                             | CUSIP: 05949QBP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     49555 | PA      | $49536.37     | 0.00%             | 2036-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UKG INC                                         | UKG Inc                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |    655000 | PA      | $680021.00    | 0.01%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                        | United Overseas Bank Ltd                                                         | CUSIP: 91127LAE0<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |   2300000 | PA      | $2226881.67   | 0.03%             | 2031-10-14      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                         | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    491000 | PA      | $520849.12    | 0.01%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                         | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327TAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    480000 | PA      | $485283.84    | 0.01%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                        | Univision Communications Inc                                                     | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    260000 | PA      | $260523.29    | 0.00%             | 2031-07-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                           | Vale Overseas Ltd                                                                | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | BR        |   1875000 | PA      | $1844566.69   | 0.03%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| VALLOUREC SACA                                  | Vallourec SACA                                                                   | CUSIP: 92023RAA8<br>LEI: 969500P2Q1B47H4MCJ34 | Long             | DBT              | CORP              | FR        |   1305000 | PA      | $1369610.55   | 0.02%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC                        | Vantage Data Centers LLC                                                         | CUSIP: 92212KAC0<br>LEI: 5493000RL8X7WTQ7HO20 | Long             | ABS-O            | CORP              | US        |   1075000 | PA      | $1010016.90   | 0.02%             | 2045-09-15      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo                  | Velocity Commercial Capital Loan Trust 2018-1                                    | CUSIP: 92257AAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    503741 | PA      | $475489.74    | 0.01%             | 2048-04-25      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo                  | Velocity Commercial Capital Loan Trust 2019-1                                    | CUSIP: 92257CAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    599769 | PA      | $548317.20    | 0.01%             | 2049-03-25      | Variable      | 4.01%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                           | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    215000 | PA      | $230376.37    | 0.00%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                          | Venture Global LNG Inc                                                           | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    330000 | PA      | $356594.04    | 0.01%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                            | Verisk Analytics Inc                                                             | CUSIP: 92345YAJ5<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   4710000 | PA      | $4813009.91   | 0.07%             | 2034-06-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                        | Virginia Electric and Power Co                                                   | CUSIP: 927804GS7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |   1729000 | PA      | $1676042.67   | 0.03%             | 2054-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                        | Vistra Operations Co LLC                                                         | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    775000 | PA      | $810752.30    | 0.01%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                              | Voyager Parent LLC                                                               | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |    735000 | PA      | $765172.98    | 0.01%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer                  | WaMu Mortgage Pass-Through Certificates Series 2006-AR19 Trust                   | CUSIP: 933638AD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1222198 | PA      | $1125186.87   | 0.02%             | 2047-01-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2007-2 Trust   | CUSIP: 93936HAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4364514 | PA      | $3599378.84   | 0.06%             | 2037-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2015-C31                                   | CUSIP: 94989WAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4891000 | PA      | $4793080.71   | 0.07%             | 2048-11-15      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                           | Wells Fargo & Co                                                                 | CUSIP: 95000U3W1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   9693000 | PA      | $9930070.91   | 0.15%             | 2031-04-23      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2019-C50                                   | CUSIP: 95001XBE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5500000 | PA      | $4980347.90   | 0.08%             | 2052-05-15      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2021-C59                                   | CUSIP: 95003CBU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        | 116642175 | PA      | $7218482.64   | 0.11%             | 2054-04-15      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                  | Whirlpool Corp                                                                   | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    580000 | PA      | $582402.52    | 0.01%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                     | Asurion LLC                                                                      | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    295000 | PA      | $282924.18    | 0.00%             | 2028-02-03      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                     | Asurion LLC                                                                      | CUSIP: 04649VBD1<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1000017 | PA      | $976502.04    | 0.02%             | 2030-09-19      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                        | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1145000 | PA      | $1146700.34   | 0.02%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                | Altice France SA                                                                 | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   1660000 | PA      | $1377800.00   | 0.02%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                           | American Airlines Inc                                                            | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    660000 | PA      | $692444.94    | 0.01%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| APH/APH2/APH3/AQUARIAN                          | APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $414618.75    | 0.01%             | 2029-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AREIT CRE Trust                                 | AREIT 2024-CRE9 Ltd                                                              | CUSIP: 00193AAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4000000 | PA      | $3973360.00   | 0.06%             | 2041-05-17      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                         | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    600000 | PA      | $549541.74    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                        | Benchmark 2022-B32 Mortgage Trust                                                | CUSIP: 08163NBN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5650000 | PA      | $4913451.31   | 0.08%             | 2055-01-15      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| ARIS MINING CORP                                | Aris Mining Corp                                                                 | CUSIP: 04040YAB5<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CO        |   1500000 | PA      | $1531627.50   | 0.02%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ASPEN INSURANCE HLDG LTD                        | Aspen Insurance Holdings Ltd                                                     | CUSIP: 04530DAE2<br>LEI: 549300YX6HECG9XQCQ75 | Long             | DBT              | CORP              | BM        |   4164000 | PA      | $4234761.77   | 0.07%             | 2030-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Benchmark 2024-V8 Mortgage Tru                  | Benchmark 2024-V8 Mortgage Trust                                                 | CUSIP: 08190AAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $5197183.00   | 0.08%             | 2057-07-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC                           | Amrize Finance US LLC                                                            | CUSIP: 43475RAC0<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |   2132000 | PA      | $2161628.89   | 0.03%             | 2030-04-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ATLASSIAN CORPORATION                           | Atlassian Corp                                                                   | CUSIP: 049468AA9<br>LEI: 549300V7ZY5P02D2MY38 | Long             | DBT              | CORP              | US        |   3931000 | PA      | $4037567.09   | 0.06%             | 2029-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                    | AutoZone Inc                                                                     | CUSIP: 053332BM3<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |   4612000 | PA      | $4730270.13   | 0.07%             | 2030-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                     | Avient Corp                                                                      | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    240000 | PA      | $242393.52    | 0.00%             | 2031-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                              | BMO 2024-5C6 Mortgage Trust                                                      | CUSIP: 05593QAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5539000 | PA      | $5674992.42   | 0.09%             | 2057-09-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| BANCO DAVIVIENDA SA                             | Banco Davivienda SA                                                              | CUSIP: 059501AD8<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |   1400000 | PA      | $1247270.92   | 0.02%             | 2031-04-22      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                        | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05971PAB4<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $198107.54    | 0.00%             | 2029-06-27      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                         | Allied Universal Holdco LLC                                                      | CUSIP: 01957TAH0<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |   1002622 | PA      | $1008532.15   | 0.02%             | 2028-05-15      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                        | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05971PAD0<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |   1800000 | PA      | $1825434.00   | 0.03%             | 2031-05-20      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| BANCO NACIONAL COM EXT                          | Banco Nacional de Comercio Exterior SNC/Cayman Islands                           | CUSIP: 05974TAA5<br>LEI: 4469000001BL6VG3DH44 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $203122.00    | 0.00%             | 2030-05-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                          | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBZ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   4277000 | PA      | $4379354.08   | 0.07%             | 2032-07-22      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| Bank                                            | BANK 2022-BNK39                                                                  | CUSIP: 06539VAR9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5600000 | PA      | $4975130.72   | 0.08%             | 2055-02-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| Bank5                                           | BANK5 Trust 2024-5YR6                                                            | CUSIP: 066043AB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4810000 | PA      | $5067776.56   | 0.08%             | 2057-05-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| BELRON UK FINANCE PLC                           | Belron UK Finance PLC                                                            | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |   1200000 | PA      | $1210881.96   | 0.02%             | 2029-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                        | Benchmark 2023-B38 Mortgage Trust                                                | CUSIP: 081916AB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1315000 | PA      | $1346372.22   | 0.02%             | 2056-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                            | BlueMountain CLO 2016-3 Ltd                                                      | CUSIP: 09628VAU8<br>LEI: 549300EYIDIF4X8MHI21 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $1968231.00   | 0.03%             | 2030-11-15      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                          | Brookfield Finance Inc                                                           | CUSIP: 11271LAP7<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |   5023000 | PA      | $4915700.38   | 0.08%             | 2055-03-03      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                          | Bunge Ltd Finance Corp                                                           | CUSIP: 120568BF6<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |   5875000 | PA      | $5702661.16   | 0.09%             | 2034-09-17      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                        | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBK6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3421000 | PA      | $3241581.11   | 0.05%             | 2054-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trus                  | CFCRE Commercial Mortgage Trust 2017-C8                                          | CUSIP: 12532CBC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3267000 | PA      | $3134174.89   | 0.05%             | 2050-06-15      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                       | CIM Trust 2020-R2                                                                | CUSIP: 12558WAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6953000 | PA      | $5605024.67   | 0.09%             | 2059-10-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                             | COMM 2015-CCRE26 Mortgage Trust                                                  | CUSIP: 12593QBF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  29904233 | PA      | $672.85       | 0.00%             | 2048-10-10      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                             | COMM 2016-DC2 Mortgage Trust                                                     | CUSIP: 12594CBG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  35113805 | PA      | $49454.28     | 0.00%             | 2049-02-10      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                          | CACI International Inc                                                           | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    405000 | PA      | $418445.19    | 0.01%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                          | Canyon Capital CLO 2012-1 R Ltd                                                  | CUSIP: 13876JAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2500000 | PA      | $2508656.25   | 0.04%             | 2030-07-15      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                             | Cardinal Health Inc                                                              | CUSIP: 14149YAW8<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |   4792000 | PA      | $4123767.92   | 0.06%             | 2043-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                  | Carlyle US CLO 2022-5 Ltd                                                        | CUSIP: 14318LAU5<br>LEI: 549300FMPRIVFSDJTS63 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1005675.90   | 0.02%             | 2037-10-15      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                        | Celanese US Holdings LLC                                                         | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    565000 | PA      | $571325.74    | 0.01%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                             | Cheniere Energy Inc                                                              | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |   4853000 | PA      | $4847690.72   | 0.07%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                           | Civitas Resources Inc                                                            | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    505000 | PA      | $517706.31    | 0.01%             | 2028-07-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                          | Cloud Software Group Inc                                                         | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    515000 | PA      | $534289.53    | 0.01%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                             | Consumers Energy Co                                                              | CUSIP: 210518DY9<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   2833000 | PA      | $2845050.39   | 0.04%             | 2031-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DOCUFORMAS SA                                   | Mexarrend SAPI de CV                                                             | CUSIP: 25615WAB9<br>LEI: 549300HM88E943FM9K17 | Long             | DBT              | CORP              | MX        |   2550000 | PA      | $19125.00     | 0.00%             | 2024-07-24      | None          | 10.25%                | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                         | Dryden 43 Senior Loan Fund                                                       | CUSIP: 26245CBL6<br>LEI: 5493002P75UIPU4MC757 | Long             | ABS-CBDO         | CORP              | US        |   2200000 | PA      | $2217926.26   | 0.03%             | 2034-04-20      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                   | Citigroup Commercial Mortgage Trust 2022-GC48                                    | CUSIP: 29426VAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4594000 | PA      | $4558946.86   | 0.07%             | 2054-05-15      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 31281LCS5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    736082 | PA      | $749448.77    | 0.01%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Gold Pool                                                            | CUSIP: 3128S15P4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    692862 | PA      | $636241.84    | 0.01%             | 2042-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac Pool                                                                 | CUSIP: 3132AEA48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9565114 | PA      | $8491146.12   | 0.13%             | 2047-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 3136B1TS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8370404 | PA      | $1385747.25   | 0.02%             | 2048-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                  | Fannie Mae-Aces                                                                  | CUSIP: 3136BK6X5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13270000 | PA      | $11841131.52  | 0.18%             | 2031-11-25      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31396Q7B9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     89769 | PA      | $89363.70     | 0.00%             | 2039-10-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31397FEN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     25306 | PA      | $2140.88      | 0.00%             | 2037-02-15      | Floating      | 1.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                     | Freddie Mac REMICS                                                               | CUSIP: 31397RKF2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     29573 | PA      | $2355.49      | 0.00%             | 2038-02-15      | Floating      | 1.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                      | Fannie Mae REMICS                                                                | CUSIP: 31398SQX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25910 | PA      | $25547.02     | 0.00%             | 2040-12-25      | Floating      | 1.72%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                       | GATX Corp                                                                        | CUSIP: 361448BS1<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |   2839000 | PA      | $2876830.07   | 0.04%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                            | Garda World Security Corp                                                        | CUSIP: 36485MAK5<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   1295000 | PA      | $1287839.69   | 0.02%             | 2027-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                             | LCM 30 Ltd                                                                       | CUSIP: 50200YAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4000000 | PA      | $3814620.00   | 0.06%             | 2031-04-20      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| MASTR Alternative Loans Trust                   | MASTR Alternative Loan Trust 2007-1                                              | CUSIP: 55275SAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     32221 | PA      | $8833.33      | 0.00%             | 2036-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                        | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAE8<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    619000 | PA      | $619082.33    | 0.01%             | 2030-03-17      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                           | McGraw-Hill Education Inc                                                        | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260975.32    | 0.00%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investo                  | Merrill Lynch Mortgage Investors Trust Series 2007-MLN1                          | CUSIP: 59024UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4764489 | PA      | $3686685.45   | 0.06%             | 2037-03-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                          | AthenaHealth Group Inc                                                           | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   1015000 | PA      | $999993.73    | 0.02%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                             | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1355356.00   | 0.02%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                               | Chord Energy Corp                                                                | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1150028.93   | 0.02%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                        | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   2876000 | PA      | $2484121.22   | 0.04%             | 2033-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                       | ONEOK Inc                                                                        | CUSIP: 682680CQ4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   2384000 | PA      | $2435824.82   | 0.04%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ONT GAMING GTA/OTG CO-IS                        | Ontario Gaming GTA LP/OTG Co-Issuer Inc                                          | CUSIP: 68306MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1265000 | PA      | $1270082.77   | 0.02%             | 2030-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Option One Mortgage Loan Trust                  | Option One Mortgage Loan Trust 2004-3                                            | CUSIP: 68389FFV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     25623 | PA      | $27002.55     | 0.00%             | 2034-11-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                   | Owens Corning                                                                    | CUSIP: 690742AP6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   2275000 | PA      | $2364057.95   | 0.04%             | 2034-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Park Blue CLO Ltd                               | Park Blue CLO 2022-1 Ltd                                                         | CUSIP: 70016WAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $5026284.00   | 0.08%             | 2037-10-20      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI                        | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1308311.22   | 0.02%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                          | Radiology Partners Inc                                                           | CUSIP: 75041VAC8<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |    346015 | PA      | $340392.41    | 0.01%             | 2030-02-15      | Fixed         | 9.78%                 | No            |                  2 | On Loan: No      |
| ANYWHERE RE GRP/REALOGY                         | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                          | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $155887.08    | 0.00%             | 2030-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                              | Realty Income Corp                                                               | CUSIP: 756109CT9<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |   2895000 | PA      | $2899859.32   | 0.04%             | 2035-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                              | Regal Rexnord Corp                                                               | CUSIP: 758750AL7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   1911000 | PA      | $1922328.03   | 0.03%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor A                  | Research-Driven Pagaya Motor Asset Trust 2025-1                                  | CUSIP: 76089YAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1670719 | PA      | $1668345.21   | 0.03%             | 2033-06-27      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Residential Asset Mortgage Pro                  | RAMP Series 2006-NC1 Trust                                                       | CUSIP: 76112BX47<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11500000 | PA      | $9960384.60   | 0.15%             | 2036-01-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Residential Mortgage Loan Trus                  | Residential Mortgage Loan Trust 2020-1                                           | CUSIP: 76119CAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5154000 | PA      | $5013417.95   | 0.08%             | 2060-01-26      | Variable      | 3.24%                 | No            |                  2 | On Loan: No      |
| SG Commercial Mortgage Securit                  | SG Commercial Mortgage Securities Trust 2016-C5                                  | CUSIP: 78419CAG9<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-MBS          | CORP              | US        |  37438833 | PA      | $385537.61    | 0.01%             | 2048-10-10      | Variable      | 1.98%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                  | Sabre GLBL Inc                                                                   | CUSIP: 78573NAJ1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    156000 | PA      | $159803.28    | 0.00%             | 2027-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                          | Santander Holdings USA Inc                                                       | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   3149000 | PA      | $3202479.22   | 0.05%             | 2029-03-20      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Sapphire Aviation Finance I Li                  | SAPPHIRE AVIATION FINANCE II LTD                                                 | CUSIP: 80307AAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2289958 | PA      | $2209536.79   | 0.03%             | 2040-03-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Saxon Asset Securities Trust                    | Saxon Asset Securities Trust 2005-2                                              | CUSIP: 805564SF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7695758 | PA      | $5405433.11   | 0.08%             | 2035-10-25      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| SEALED AIR/SEALED AIR US                        | Sealed Air Corp/Sealed Air Corp US                                               | CUSIP: 812127AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1338234.56   | 0.02%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SECURITIZED MORTGAGE ASSET LOA                  | Securitized Mortgage Asset Loan Trust 2015-1                                     | CUSIP: 81379DAA2<br>LEI: 5493008VRMUX8NL6RQ80 | Long             | ABS-MBS          | CORP              | US        |  21058384 | PA      | $18213194.23  | 0.28%             | 2054-02-25      | Variable      | 2.99%                 | No            |                  2 | On Loan: No      |
| SHENTON AIRCRAFT INVESTMENT LT                  | Shenton Aircraft Investment I Ltd                                                | CUSIP: 82321UAA1<br>LEI: 254900877LAQRYY3YZ51 | Long             | ABS-O            | CORP              | CN        |    840002 | PA      | $820547.35    | 0.01%             | 2042-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SoFi Alternative Trust Consume                  | Sofi Alternative Trust 2021-1                                                    | CUSIP: 83406GAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    644248 | PA      | $638068.65    | 0.01%             | 2030-05-25      | Variable      | 9.72%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                             | Sound Point CLO XXVI Ltd                                                         | CUSIP: 83614XAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2005965.40   | 0.03%             | 2034-07-20      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                        | Standard Building Solutions Inc                                                  | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    625000 | PA      | $640802.50    | 0.01%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                         | Starwood Property Trust Inc                                                      | CUSIP: 85571BBC8<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    405000 | PA      | $409905.77    | 0.01%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Start Ltd.                                      | Start II LTD                                                                     | CUSIP: 85573LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1466963 | PA      | $1451455.34   | 0.02%             | 2044-03-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Structured Asset Investment Lo                  | Structured Asset Investment Loan Trust 2006-BNC3                                 | CUSIP: 86361KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9923794 | PA      | $6130149.74   | 0.09%             | 2036-09-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| SUNCOKE ENERGY INC                              | SunCoke Energy Inc                                                               | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1052637.58   | 0.02%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer, LLC                          | Switch ABS Issuer LLC                                                            | CUSIP: 871044AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6052890.00   | 0.09%             | 2054-06-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                | T-Mobile USA Inc                                                                 | CUSIP: 87264ADU6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   3003000 | PA      | $3003875.22   | 0.05%             | 2055-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TAKEDA US FIN                                   | Takeda US Financing Inc                                                          | CUSIP: 87406BAB8<br>LEI: 254900ZGPIBGBZ2N3A33 | Long             | DBT              | CORP              | US        |  11630000 | PA      | $11696988.68  | 0.18%             | 2055-07-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                          | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    780000 | PA      | $787767.24    | 0.01%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRANS-ALLEGHENY INTERSTA                        | Trans-Allegheny Interstate Line Co                                               | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9216000 | PA      | $9380913.04   | 0.14%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                  | Transocean Inc                                                                   | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | US        |    351000 | PA      | $346008.39    | 0.01%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                        | Trident TPI Holdings Inc                                                         | CUSIP: 89616RAC3<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1141683.33   | 0.02%             | 2028-12-31      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| Trimaran CAVU Ltd                               | Trimaran Cavu 2021-3 Ltd                                                         | CUSIP: 89624GAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $4987173.50   | 0.08%             | 2035-01-18      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| UBS-Barclays Commercial Mortga                  | UBS-Barclays Commercial Mortgage Trust 2013-C5                                   | CUSIP: 90270YAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1503790 | PA      | $1438750.61   | 0.02%             | 2046-03-10      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| ONGC VIDESH VANKORNEFT                          | ONGC Videsh Vankorneft Pte Ltd                                                   | CUSIP: LW9384923<br>LEI: 254900FXH0X0S4UIS503 | Long             | DBT              | CORP              | IN        |    800000 | PA      | $793021.94    | 0.01%             | 2026-07-27      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FLAME AGGREGATOR UNRESTRICTED EQ                | FLAME AGGREGATOR UNRESTRICTED EQ                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      3720 | NS      | $74400.01     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                        | Banco do Brasil SA/Cayman                                                        | CUSIP: EJ5310291<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |   4100000 | PA      | $4141090.20   | 0.06%             | 2025-10-15      | Variable      | 8.75%                 | No            |                  2 | On Loan: No      |
| SIMPAR EUROPE SA                                | Simpar Europe SA                                                                 | CUSIP: BN5372345<br>LEI: 54930068BSUST41D5C30 | Long             | DBT              | CORP              | BR        |   1100000 | PA      | $902000.00    | 0.01%             | 2031-01-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                 | Madison IAQ LLC                                                                  | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |   1431046 | PA      | $1433728.73   | 0.02%             | 2028-06-21      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                  | Sabre GLBL Inc                                                                   | CUSIP: 78571YBG4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    254118 | PA      | $250668.00    | 0.00%             | 2027-12-17      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                | Altice France SA                                                                 | CUSIP: N/A<br>LEI: 5493001ZMCICV4N02J21       | Long             | LON              | CORP              | FR        |    977136 | PA      | $887836.00    | 0.01%             | 2028-08-31      | Floating      | 9.76%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                     | Asurion LLC                                                                      | CUSIP: 04649VBC3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    541845 | PA      | $536859.65    | 0.01%             | 2028-08-21      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| ASPIRE BAKERIES HOLDING                         | Aspire Bakeries Holdings LLC                                                     | CUSIP: 02106XAH9<br>LEI: 549300MWN7R72KAKOD18 | Long             | LON              | CORP              | US        |    691508 | PA      | $695072.26    | 0.01%             | 2030-12-23      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| CAMELOT US ACQUISITION LLC                      | Camelot US Acquisition LLC                                                       | CUSIP: N/A<br>LEI: 549300U6VBJHQP2SFL81       | Long             | LON              | CORP              | US        |    940379 | PA      | $931859.37    | 0.01%             | 2031-01-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| CAMELOT US ACQUISITION LLC                      | Camelot US Acquisition LLC                                                       | CUSIP: N/A<br>LEI: 549300U6VBJHQP2SFL81       | Long             | LON              | CORP              | US        |     19940 | PA      | $19759.55     | 0.00%             | 2031-01-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                           | Six Flags Entertainment Corp                                                     | CUSIP: 15018LAN1<br>LEI: 529900AS2CYWYFHRS781 | Long             | LON              | CORP              | US        |    497338 | PA      | $498394.34    | 0.01%             | 2031-05-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| CENTRAL PARENT LLC                              | Central Parent LLC                                                               | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    423935 | PA      | $355066.63    | 0.01%             | 2029-07-06      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| APRO LLC                                        | Apro LLC                                                                         | CUSIP: 03834XAP8<br>LEI: 549300HALLMPVGYAKP14 | Long             | LON              | CORP              | US        |    830825 | PA      | $829786.47    | 0.01%             | 2031-07-09      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC                             | Boxer Parent Co Inc                                                              | CUSIP: 05988HAL1<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |    507982 | PA      | $495602.19    | 0.01%             | 2032-07-30      | Floating      | 10.08%                | No            |                  2 | On Loan: No      |
| DYNASTY ACQUISITION CO I                        | Dynasty Acquisition Co Inc                                                       | CUSIP: 26812CAN6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    491391 | PA      | $492169.51    | 0.01%             | 2031-10-31      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| UFC HOLDINGS LLC                                | UFC Holdings LLC                                                                 | CUSIP: 90266UAK9<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |    673312 | PA      | $676591.53    | 0.01%             | 2031-11-21      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| ALLSPRING BUYER LLC                             | Allspring Buyer LLC                                                              | CUSIP: 98922AAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1424188 | PA      | $1433979.68   | 0.02%             | 2030-11-01      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| ABG INTERMEDIATE HLDGS 2                        | ABG Intermediate Holdings 2 LLC                                                  | CUSIP: 00076VBL3<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |     94525 | PA      | $94591.17     | 0.00%             | 2028-12-21      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| MAVIS TIRE EXPRESS SERVI                        | Mavis Tire Express Services Topco Corp                                           | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |    185000 | PA      | $185141.53    | 0.00%             | 2028-05-04      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS LLC                    | Focus Financial Partners LLC                                                     | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |   1493338 | PA      | $1491851.63   | 0.02%             | 2031-09-15      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| ALERA GROUP INC                                 | Alera Group Inc                                                                  | CUSIP: 01451PAB2<br>LEI: 2549003D76KZAKICNX26 | Long             | LON              | CORP              | US        |    600000 | PA      | $602475.00    | 0.01%             | 2032-05-28      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| TRUCORDIA INSURANCE HOLD                        | Trucordia Insurance Holdings LLC                                                 | CUSIP: 89783WAB1<br>LEI: 254900KYYP47CV7DMK95 | Long             | LON              | CORP              | US        |    745000 | PA      | $747328.13    | 0.01%             | 2032-06-17      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                          | Radiology Partners Inc                                                           | CUSIP: 75041EAN2<br>LEI: 549300SFTAG2177WUZ08 | Long             | LON              | CORP              | US        |    955000 | PA      | $948434.38    | 0.01%             | 2032-06-30      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| AGROSUPER SA                                    | Agrosuper SA                                                                     | CUSIP: BT5013623<br>LEI: 5493006KNWOGYPTZZ371 | Long             | DBT              | CORP              | CL        |   1000000 | PA      | $934222.10    | 0.01%             | 2032-01-20      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BANCO GNB SUDAMERIS SA                          | Banco GNB Sudameris SA                                                           | CUSIP: BP0859119<br>LEI: 549300SO7QUETMQD9D84 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $197462.00    | 0.00%             | 2031-04-16      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                        | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: AO1639530<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |   2200000 | PA      | $2193833.40   | 0.03%             | 2028-01-10      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| BANCO NACIONAL COM EXT                          | Banco Nacional de Comercio Exterior SNC/Cayman Islands                           | CUSIP: BQ7269484<br>LEI: 4469000001BL6VG3DH44 | Long             | DBT              | CORP              | MX        |    700000 | PA      | $665031.01    | 0.01%             | 2031-08-11      | Variable      | 2.72%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                          | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX     | CUSIP: ZR4850809<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |   1200000 | PA      | $1180032.48   | 0.02%             | 2034-09-13      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| CAP SA                                          | CAP SA                                                                           | CUSIP: BP2326778<br>LEI: 54930079GPG23NTBB003 | Long             | DBT              | CORP              | CL        |   3500000 | PA      | $2815404.90   | 0.04%             | 2031-04-27      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                              | Dominican Republic International Bond                                            | CUSIP: BU6194684<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   1550000 | PA      | $1547055.00   | 0.02%             | 2029-02-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FERMACA ENTERPRISES S RL                        | Fermaca Enterprises S de RL de CV                                                | CUSIP: EK2545086<br>LEI: 549300HYMZDEHWD3X752 | Long             | DBT              | CORP              | MX        |    348674 | PA      | $341363.72    | 0.01%             | 2038-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SAN MIGUEL INDUSTRIAS                           | SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA                       | CUSIP: BQ7344964<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    900000 | PA      | $845985.28    | 0.01%             | 2028-08-02      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                        | OCP SA                                                                           | CUSIP: ZB6265712<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |   3300000 | PA      | $3425261.40   | 0.05%             | 2034-05-02      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                        | OCP SA                                                                           | CUSIP: EK8643794<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    600000 | PA      | $598291.20    | 0.01%             | 2025-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ADANIREN KODSOPAR WARSOM                        | Adani Renewable Energy RJ Ltd/Kodangal Solar Parks Pvt Ltd/Wardha Solar Maharash | CUSIP: ZR9553994<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |   1252500 | PA      | $1010337.27   | 0.02%             | 2039-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING                         | Oversea-Chinese Banking Corp Ltd                                                 | CUSIP: BX0660676<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |   2950000 | PA      | $2955908.02   | 0.05%             | 2032-06-15      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| SoFi Alternative Trust Consume                  | Sofi Alternative Consumer Loan Program 2021-2                                    | CUSIP: 78472QAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    595347 | PA      | $588670.65    | 0.01%             | 2030-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| SCOTIABANK PERU SA                              | Scotiabank Peru SAA                                                              | CUSIP: 80928HAB9<br>LEI: 5493001E54CPRG5J5Q41 | Long             | DBT              | CORP              | PE        |    200000 | PA      | $203400.00    | 0.00%             | 2035-10-01      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                        | Service Properties Trust                                                         | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    260000 | PA      | $257770.06    | 0.00%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Soundview Home Equity Loan Tru                  | Soundview Home Loan Trust 2007-OPT4                                              | CUSIP: 83613AAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6032403 | PA      | $4381164.06   | 0.07%             | 2037-09-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                             | Sound Point CLO XXXII Ltd                                                        | CUSIP: 83616AAQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $971025.30    | 0.01%             | 2034-10-25      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                               | State Street Corp                                                                | CUSIP: 857477DA8<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   3917000 | PA      | $3943360.70   | 0.06%             | 2028-04-24      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPER LP                         | Sun Communities Operating LP                                                     | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |   5701000 | PA      | $5055674.85   | 0.08%             | 2031-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                          | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    635000 | PA      | $635223.46    | 0.01%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TELUS CORP                                      | TELUS Corp                                                                       | CUSIP: 87971MCM3<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |   1241000 | PA      | $1252406.11   | 0.02%             | 2055-10-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Trestles CLO LTD                                | Trestles CLO VIII Ltd                                                            | CUSIP: 89533DAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10000000 | PA      | $10008437.00  | 0.15%             | 2035-06-11      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                           | Uber Technologies Inc                                                            | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   5415000 | PA      | $5386930.75   | 0.08%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                 | United States Treasury Note/Bond                                                 | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  87900000 | PA      | $58384828.13  | 0.90%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                 | United States Treasury Note/Bond                                                 | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 107850000 | PA      | $92003212.32  | 1.41%             | 2030-08-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                    | Upstart Securitization Trust 2021-2                                              | CUSIP: 91680FAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2187841 | PA      | $2176780.68   | 0.03%             | 2031-06-20      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Tra                  | VOLT CV LLC                                                                      | CUSIP: 91835GAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1226001 | PA      | $1224098.15   | 0.02%             | 2051-11-27      | Variable      | 5.49%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo                  | Velocity Commercial Capital Loan Trust 2018-1                                    | CUSIP: 92257AAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    920215 | PA      | $880329.74    | 0.01%             | 2048-04-25      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| Vivint Solar Financing LLC                      | Vivint Solar Financing VII LLC                                                   | CUSIP: 92855HAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9561805 | PA      | $8595157.48   | 0.13%             | 2051-07-31      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO                        | Watco Cos LLC / Watco Finance Corp                                               | CUSIP: 941130AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1255000 | PA      | $1312800.28   | 0.02%             | 2032-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Se                  | Wells Fargo Mortgage Backed Securities 2006-7 Trust                              | CUSIP: 94982XAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    371130 | PA      | $334884.18    | 0.01%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE                          | Westinghouse Air Brake Technologies Corp                                         | CUSIP: 960386AS9<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   4684000 | PA      | $4751829.47   | 0.07%             | 2030-05-29      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR                        | Windstream Services LLC / Windstream Escrow Finance Corp                         | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    790000 | PA      | $828031.38    | 0.01%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SPIN HOLDCO INC                                 | Spin Holdco Inc                                                                  | CUSIP: 84850XAK8<br>LEI: 549300QAS44U2GUXGK45 | Long             | LON              | CORP              | US        |    195424 | PA      | $172217.03    | 0.00%             | 2028-03-06      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| ZELIS PAYMENTS BUYER INC                        | Zelis Payments Buyer Inc                                                         | CUSIP: 98932TAH6<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |    827925 | PA      | $824646.42    | 0.01%             | 2031-11-26      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC                            | Signia Aerospace LLC                                                             | CUSIP: 82670NAC0<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |     95385 | PA      | $95980.77     | 0.00%             | 2031-12-11      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| SOLENIS HOLDINGS LTD                            | Solenis Holdings Ltd                                                             | CUSIP: 68163YAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1328333 | PA      | $1315355.52   | 0.02%             | 2031-06-23      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| TRANSELEC SA                                    | Transelec SA                                                                     | CUSIP: LW8107226<br>LEI: 549300DPF7MAL5F6CR86 | Long             | DBT              | CORP              | CL        |    500000 | PA      | $484532.25    | 0.01%             | 2029-01-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UPBOUND GROUP INC                               | Upbound Group Inc                                                                | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |    445000 | PA      | $440751.49    | 0.01%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER/TAL INT                        | Triton Container International Ltd / TAL International Container Corp            | CUSIP: 89681LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1847000 | PA      | $1597160.93   | 0.02%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                           | Truist Financial Corp                                                            | CUSIP: 89788MAQ5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2075000 | PA      | $2244901.00   | 0.03%             | 2029-10-30      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                    | US Foods Inc                                                                     | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1727501.77   | 0.03%             | 2033-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                           | Mexico Government International Bond                                             | CUSIP: 91087BAX8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   7000000 | PA      | $6440700.00   | 0.10%             | 2053-05-04      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                 | United States Treasury Note/Bond                                                 | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 131750000 | PA      | $113382197.60 | 1.74%             | 2030-05-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                 | United States Treasury Note/Bond                                                 | CUSIP: 91282CBJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 101700000 | PA      | $94370449.47  | 1.45%             | 2028-01-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                 | United States Treasury Note/Bond                                                 | CUSIP: 91282CBT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 190000000 | PA      | $185326670.70 | 2.85%             | 2026-03-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                        | Univision Communications Inc                                                     | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $910176.74    | 0.01%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Upland CLO Ltd                                  | Upland CLO Ltd                                                                   | CUSIP: 915328BA5<br>LEI: 54930052JF7HYEE5CO91 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $997989.30    | 0.02%             | 2031-04-20      | Floating      | 7.43%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                    | Upstart Securitization Trust 2023-3                                              | CUSIP: 91684MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2569180 | PA      | $2585507.08   | 0.04%             | 2033-10-20      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Tra                  | VOLT XCVII LLC                                                                   | CUSIP: 91835EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    598408 | PA      | $598265.77    | 0.01%             | 2051-04-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                | Vail Resorts Inc                                                                 | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |    500000 | PA      | $516942.00    | 0.01%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Tra                  | VOLT XCVI LLC                                                                    | CUSIP: 92873FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    221944 | PA      | $222043.40    | 0.00%             | 2051-03-27      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                  | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2007-5 Trust   | CUSIP: 93936PAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5818392 | PA      | $4729525.87   | 0.07%             | 2037-06-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2025-5C4                                   | CUSIP: 949931AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4784000 | PA      | $4989333.11   | 0.08%             | 2058-05-15      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2015-P2                                    | CUSIP: 95000AAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  37104766 | PA      | $51865.04     | 0.00%             | 2048-12-15      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                           | Wells Fargo & Co                                                                 | CUSIP: 95000U3H4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7049000 | PA      | $7707597.09   | 0.12%             | 2034-10-23      | Variable      | 6.49%                 | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                        | United Overseas Bank Ltd                                                         | CUSIP: ZO3818671<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |   2400000 | PA      | $2352549.24   | 0.04%             | 2031-03-16      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| VANTAGE SPEC CHEM                               | Vantage Specialty Chemicals Inc                                                  | CUSIP: 92210XAE0<br>LEI: 54930057U5S5AY44VU09 | Long             | LON              | CORP              | US        |    896496 | PA      | $870237.98    | 0.01%             | 2026-10-26      | Floating      | 9.03%                 | No            |                  2 | On Loan: No      |
| WHITE CAP SUPPLY HOLDING                        | White Cap Supply Holdings LLC                                                    | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |    806174 | PA      | $803002.14    | 0.01%             | 2029-10-31      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                                | Wand NewCo 3 Inc                                                                 | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |    429415 | PA      | $427993.43    | 0.01%             | 2031-01-30      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| VICTRA HOLDINGS LLC                             | Victra Holdings LLC                                                              | CUSIP: 50226BAM0<br>LEI: 549300KWDYQKQSF0MQ18 | Long             | LON              | CORP              | US        |    573633 | PA      | $574530.84    | 0.01%             | 2029-03-29      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-22

**Name of Applicant:** DoubleLine Funds Trust

**Signature:** /s/ Ana Alcantara

**Name of Signer:** DoubleLine Funds Trust

**Title:** Vice President