# EDGAR Filing Document

**Accession Number:** 0000820892
**File Stem:** 0001752724-25-181575
**Filing Date:** 2025-7
**Character Count:** 303907
**Document Hash:** d2862f942b622ce5fa202e5a31c2e83e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181575.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181575

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NUVEEN INVESTMENT FUNDS INC
- **CENTRAL INDEX KEY:** 0000820892

**ORGANIZATION NAME:**
- **EIN:** 411418224
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05309
- **FILM NUMBER:** 251158428

**BUSINESS ADDRESS:**
- **STREET 1:** 333 WEST WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-917-8146

**MAIL ADDRESS:**
- **STREET 1:** 333 WEST WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST AMERICAN INVESTMENT FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SECURAL MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 19910627

## Series and Classes Contracts Data

### Nuveen Credit Income Fund (Series ID: S000005544)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000015076 | Class A      | FJSIX           |
| C000015078 | Class C      | FCSIX           |
| C000015080 | Class I      | FJSYX           |

## Nport-Ex

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025

#### Credit

#### Income
(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM

INVESTMENTS

-

92.7%

9696802

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

-

.7

%

9696802

AUTOMOBILES

&

COMPONENTS

-

0.3%

$

575,000

(a) General

Motors

Financial

Co

Inc

.750

%

N/A

$

553,571

TOTAL

AUTOMOBILES

&

COMPONENTS

553,571

BANKS

-

0.7%

300,000

(b) Banco

de

Credito

del

Peru

S.A

.450

07/30/35

304,392

200,000

(b) Banque

Ouest

Africaine

de

Developpement

.200

02/13/55

198,847

500,000

Canadian

Imperial

Bank

of

Commerce

.950

01/28/85

496,289

200,000

(b) Turkiye

Garanti

Bankasi

AS

.125

01/03/35

199,599

TOTAL

BANKS

1,199,127

ENERGY

-

1.3%

375,000

Enbridge

Inc

.500

01/15/84

406,920

600,000

(a) Energy

Transfer

LP

.125

N/A

602,579

460,000

(b) South

Bow

Canadian

Infrastructure

Holdings

Ltd

.625

03/01/55

464,306

800,000

(a),(b)

Venture

Global

LNG

Inc

.000

N/A

754,536

TOTAL

ENERGY

2,228,341

FINANCIAL

SERVICES

-

0.2%

350,000

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

.950

03/10/55

358,997

TOTAL

FINANCIAL

SERVICES

358,997

INSURANCE

-

0.7%

300,000

Assurant

Inc

.000

03/27/48

304,321

360,000

Enstar

Finance

LLC

.750

09/01/40

356,124

485,000

(b) Enstar

Group

Ltd

.500

04/01/45

491,062

TOTAL

INSURANCE

1,151,507

MATERIALS

-

0.6%

1,000,000

FMC

Corp

.450

11/01/55

1,008,325

TOTAL

MATERIALS

1,008,325

MEDIA

&

ENTERTAINMENT

-

0.4%

670,000

Paramount

Global

.375

03/30/62

654,923

TOTAL

MEDIA

&

ENTERTAINMENT

654,923

TELECOMMUNICATION

SERVICES

-

0.3%

468,000

Rogers

Communications

Inc

.125

04/15/55

468,679

TOTAL

TELECOMMUNICATION

SERVICES

468,679

UTILITIES

-

1.2%

494,000

(b) AltaGas

Ltd

.200

10/15/54

483,150

405,000

(a) Edison

International

.375

N/A

384,506

250,000

EUSHI

Finance

Inc

.625

12/15/54

255,595

305,000

(a),(b)

NRG

Energy

Inc

.250

N/A

335,824

375,000

PG&E

Corp

.375

03/15/55

367,206

230,000

(a),(b)

Vistra

Corp

.875

N/A

247,051

TOTAL

UTILITIES

2,073,332

TOTAL

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

(Cost

$9,675,754)

9,696,802

SHARES

DESCRIPTION

RATE

VALUE

1022261

$25

PAR

(OR

SIMILAR)

RETAIL

PREFERRED

-

.6

%

1022261

BANKS

-

0.4%

27,750

(c) Wintrust

Financial

Corp

.875

709,013

TOTAL

BANKS

709,013

FINANCIAL

SERVICES

-

0.2%

12,550

Synchrony

Financial

.250

313,248

TOTAL

FINANCIAL

SERVICES

313,248

TOTAL

$25

PAR

(OR

SIMILAR)

RETAIL

PREFERRED

(Cost

$1,013,222)

1,022,261

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Credit

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ASSET-BACKED

SECURITIES

-

9.9%

–

1,000,000

(b) Affirm

Asset

Securitization

Trust

2024-B,

Series

2024

B

.350

%

09/15/29

$

993,380

1,000,000

(b) Affirm

Master

Trust,

Series

2025

1A

.180

02/15/33

989,699

1,000,000

(b) Avis

Budget

Rental

Car

Funding

AESOP

LLC,

Series

2024

2A

.430

10/20/28

1,005,026

2,500

(b),(d)

Carvana

Auto

Receivables

Trust

2021-P2,

Series

2021

P2

.000

05/10/28

336,725

1,000,000

(b) Centersquare

Issuer

LLC,

Series

2025

1A

.900

03/26/55

948,925

675,000

(b),(e)

CIFC

Funding

2022-II

Ltd,

Series

2022

2A,

(TSFR3M

+

4.750%)

.019

04/19/35

659,406

1,000,000

(b) Consolidated

Communications

LLC/Fidium

Fiber

Finance

Holdco

LLC,

Series

2025

1A

.408

05/20/55

1,033,867

665,000

(b),(e)

Elmwood

CLO

Ltd,

Series

2022

7A,

(TSFR3M

+

6.000%)

.280

01/17/37

666,947

500,000

(b) Frontier

Issuer

LLC,

Series

2023

.500

08/20/53

526,394

500,000

(b),(e)

GoldentTree

Loan

Management

US

CLO

Ltd,

Series

2021

11A,

(LIBOR

M

+

7.762%)

.563

10/20/34

486,242

500,000

(b) Hertz

Vehicle

Financing

III

LLC,

Series

2024

1A

.220

01/25/29

503,703

750,000

(b) Hotwire

Funding

LLC,

Series

2024

1A

.188

06/20/54

783,759

1,525,000

(b),(d)

Mosaic

Solar

Loan

Trust

2019-2,

Series

2019

2A

.000

09/20/40

547,628

1,000,000

(b),(e)

OHA

Loan

Funding

2013-1

Ltd,

Series

2013

1A,

(TSFR3M

+

3.300%)

.579

04/23/37

1,006,579

500,000

(b) Oportun

Issuance

Trust

2024-2,

Series

2024

.470

02/09/32

520,790

1,000,000

(b),(e)

REESE

PARK

CLO

LTD,

Series

2020

1A,

(TSFR3M

+

6.000%)

.256

01/15/38

1,012,340

897,294

(b) Sierra

Timeshare

2025-1

Receivables

Funding

LLC,

Series

2025

1A

.860

01/21/42

870,976

750,000

(b),(e)

Thayer

Park

CLO

Ltd,

Series

2017

1A,

(TSFR3M

+

9.132%)

.000

04/20/34

690,712

1,000,000

(b) Uniti

Fiber

Abs

Issuer

Llc,

Series

2025

1A

.120

04/20/55

1,020,461

303,898

(b) VR

Funding

LLC,

Series

2020

1A

.420

11/15/50

298,316

1,000,000

(b) Zayo

Issuer

LLC,

Series

2025

1A

.659

03/20/55

1,010,626

1,000,000

(b) Ziply

Fiber

Issuer

LLC,

Series

2024

1A

.170

04/20/54

1,072,268

TOTAL

ASSET-BACKED

SECURITIES

(Cost

$17,673,681)

16,984,769

SHARES

DESCRIPTION

VALUE

COMMON

STOCKS

-

.0

%

TRANSPORTATION

-

0.0%

8,907

(d),(f)

Jack

Cooper

Enterprises

Inc

TOTAL

TRANSPORTATION

TOTAL

COMMON

STOCKS

(Cost

$0)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

2645869

CONTINGENT

CAPITAL

SECURITIES

-

.6

%

2645869

BANKS

-

0.9%

400,000

(a),(g)

Banco

Bilbao

Vizcaya

Argentaria

SA

.375

N/A

439,024

500,000

(a),(g)

Barclays

PLC

.000

N/A

521,482

500,000

(a),(b),(g)

Intesa

Sanpaolo

SpA

.700

N/A

501,554

TOTAL

BANKS

1,462,060

FINANCIAL

SERVICES

-

0.7%

350,000

(a),(g)

Deutsche

Bank

AG

.000

N/A

347,971

600,000

(a),(g)

Deutsche

Bank

AG,

Reg

S

.130

N/A

607,500

200,000

(a),(b),(g)

UBS

Group

AG

.250

N/A

228,338

TOTAL

FINANCIAL

SERVICES

1,183,809

TOTAL

CONTINGENT

CAPITAL

SECURITIES

(Cost

$2,459,234)

2,645,869

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

93102490

CORPORATE

BONDS

-

.4

%

93102490

AUTOMOBILES

&

COMPONENTS

-

2.0%

625,000

(b) Clarios

Global

LP

/

Clarios

US

Finance

Co

.750

02/15/30

636,569

700,000

(b) Dealer

Tire

LLC

/

DT

Issuer

LLC

.000

02/01/28

684,083

430,000

(b),(c)

Dornoch

Debt

Merger

Sub

Inc

.625

10/15/29

330,487

250,000

(c) Goodyear

Tire

&

Rubber

Co/The

.250

07/15/31

233,272

830,000

(b) IHO

Verwaltungs

GmbH

.000

11/15/32

831,099

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

AUTOMOBILES

&

COMPONENTS

(continued)

200,000

(b) Nemak

SAB

de

CV

.625

%

06/28/31

$

162,224

510,000

(b) Phinia

Inc

.625

10/15/32

506,944

TOTAL

AUTOMOBILES

&

COMPONENTS

3,384,678

BANKS

-

0.6%

200,000

(a),(b),(g)

Banco

Mercantil

del

Norte

SA/Grand

Cayman

.625

N/A

181,988

200,000

(c),(g)

Bancolombia

SA

.625

12/24/34

209,693

200,000

(b),(g)

BBVA

Bancomer

SA

Institucion

de

Banca

Multiple

Grupo

Financiero

BBVA

Mexico

.625

02/11/35

202,480

200,000

(b) Caixa

Economica

Federal

.625

05/13/30

198,700

200,000

(b) Yapi

ve

Kredi

Bankasi

AS

.250

03/03/30

198,692

TOTAL

BANKS

991,553

CAPITAL

GOODS

-

3.2%

220,000

(b) Albion

Financing

SARL

/

Aggreko

Holdings

Inc

.000

05/21/30

223,116

425,000

(b),(c)

Alta

Equipment

Group

Inc

.000

06/01/29

371,292

360,000

(b) Axon

Enterprise

Inc

.125

03/15/30

367,164

300,000

(b) Cornerstone

Building

Brands

Inc

.500

08/15/29

266,560

300,000

(b) Dcli

Bidco

LLC

.750

11/15/29

302,302

400,000

(b) Efesto

Bidco

S.p.A

Efesto

US

LLC

.500

02/15/32

402,608

440,000

(b) Goat

Holdco

LLC

.750

02/01/32

438,304

255,000

(b),(h)

Herc

Holdings

Escrow

Inc

.000

06/15/30

262,708

300,000

(b) Husky

Injection

Molding

Systems

Ltd

/

Titan

Co-Borrower

LLC

.000

02/15/29

306,603

200,000

(b) IHS

Holding

Ltd

.250

11/29/31

198,676

300,000

(b) IRB

Infrastructure

Developers

Ltd

.110

03/11/32

297,077

400,000

(b) JELD-WEN

Inc

.875

12/15/27

349,246

95,000

(b),(h)

New

Flyer

Holdings

Inc

.250

07/01/30

97,494

250,000

(b) Quikrete

Holdings

Inc

.375

03/01/32

254,039

450,000

(b) TransDigm

Inc

.875

12/15/30

464,093

400,000

(b) TransDigm

Inc

.375

05/31/33

395,200

240,000

(b) WESCO

Distribution

Inc

.375

03/15/33

244,455

200,000

(b) Windsor

Holdings

III

LLC

.500

06/15/30

211,623

TOTAL

CAPITAL

GOODS

5,452,560

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1.9%

200,000

(b) Ambipar

Lux

Sarl

.875

02/06/31

185,378

115,000

(b),(h)

CACI

International

Inc

.375

06/15/33

117,236

1,100,000

(b) Garda

World

Security

Corp

.750

02/15/28

1,136,984

500,000

(b) Neptune

Bidco

US

Inc

.290

04/15/29

473,752

630,000

(b) RR

Donnelley

&

Sons

Co

.500

08/01/29

631,583

200,000

(b) Sabre

GLBL

Inc

.625

06/01/27

205,655

500,000

(b) Sotheby's

.375

10/15/27

492,354

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

3,242,942

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

1.9%

613,374

(b) Carvana

Co,

(cash

9.000%,

PIK

12.000%)

.000

12/01/28

630,230

379,125

(b) Carvana

Co,

(cash

11.000%,

PIK

13.000%)

.000

06/01/30

399,800

450,000

(b) Cougar

JV

Subsidiary

LLC

.000

05/15/32

472,670

400,000

(b),(c)

Kohl's

Corp

.000

06/01/30

410,705

200,000

(b) LCM

Investments

Holdings

II

LLC

.250

08/01/31

212,050

300,000

(b) Michaels

Cos

Inc/The

.250

05/01/28

204,508

487,000

(b) Michaels

Cos

Inc/The

.875

05/01/29

234,977

400,000

(b) Queen

MergerCo

Inc

.750

04/30/32

410,140

225,000

(b) Veritiv

Operating

Co

.500

11/30/30

239,311

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

3,214,391

CONSUMER

DURABLES

&

APPAREL

-

1.4%

355,000

(b) CD&R

Smokey

Buyer

Inc

.500

10/15/29

294,650

275,000

(b) Champ

Acquisition

Corp

.375

12/01/31

288,745

500,000

(b),(c)

Crocs

Inc

.125

08/15/31

443,805

500,000

(b),(c)

Hanesbrands

Inc

.000

02/15/31

528,264

275,000

(b) Newell

Brands

Inc

.500

06/01/28

284,501

525,000

(b) S&S

Holdings

LLC

.375

10/01/31

501,028

TOTAL

CONSUMER

DURABLES

&

APPAREL

2,340,993

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Credit

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CONSUMER

SERVICES

-

1.7%

480,000

(b) Carnival

Corp

.875

%

06/15/31

$

480,288

440,000

(b),(h)

Flutter

Treasury

DAC

.875

06/04/31

442,200

200,000

Fortune

Star

BVI

Ltd,

Reg

S

.500

05/19/28

200,056

250,000

(b) Life

Time

Inc

.000

11/15/31

250,559

500,000

(b) NCL

Corp

Ltd

.750

02/01/32

500,093

340,000

(b) Royal

Caribbean

Cruises

Ltd

.500

08/31/26

340,049

230,000

(b) Wynn

Las

Vegas

LLC

/

Wynn

Las

Vegas

Capital

Corp

.250

05/15/27

228,961

300,000

(b) Wynn

Macau

Ltd

.625

08/26/28

289,199

215,000

(b) Wynn

Resorts

Finance

LLC

/

Wynn

Resorts

Capital

Corp

.250

03/15/33

212,644

TOTAL

CONSUMER

SERVICES

2,944,049

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

0.3%

460,000

(b) Albertsons

Cos

Inc

/

Safeway

Inc

/

New

Albertsons

LP

/

Albertsons

LLC

.250

03/15/26

452,578

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

452,578

ENERGY

-

6.8%

300,000

(b) Azule

Energy

Finance

Plc

.125

01/23/30

292,152

250,000

(b) Baytex

Energy

Corp

.375

03/15/32

226,939

425,000

(b) Blue

Racer

Midstream

LLC

/

Blue

Racer

Finance

Corp

.250

07/15/32

440,635

16,577

(b) Borr

IHC

Ltd

/

Borr

Finance

LLC

.000

11/15/28

14,310

1,150,000

(b) Buckeye

Partners

LP

.875

07/01/29

1,182,413

300,000

(b) Chord

Energy

Corp

.750

03/15/33

297,924

650,000

(b) CNX

Resources

Corp

.250

03/01/32

662,401

250,000

(b) CQP

Holdco

LP

/

BIP-V

Chinook

Holdco

LLC

.500

06/15/31

240,239

120,000

(b) Delek

Logistics

Partners

LP

/

Delek

Logistics

Finance

Corp

.625

03/15/29

124,280

200,000

Ecopetrol

SA

.750

02/01/32

193,904

200,000

(b) Geopark

Ltd

.750

01/31/30

158,720

400,000

Global

Partners

LP

/

GLP

Finance

Corp

.875

01/15/29

401,653

500,000

(b) Global

Partners

LP

/

GLP

Finance

Corp

.250

01/15/32

519,766

200,000

(b) Gran

Tierra

Energy

Inc

.500

10/15/29

140,025

285,000

(b) Harvest

Midstream

I

LP

.500

05/15/32

292,816

320,000

(b) Hilcorp

Energy

I

LP

/

Hilcorp

Finance

Co

.375

11/01/33

318,432

300,000

(b) Hunt

Oil

Co

of

Peru

LLC

Sucursal

Del

Peru

.750

11/05/38

310,496

300,000

(b) Indika

Energy

Tbk

PT

.750

05/07/29

288,633

400,000

(b) Kinetik

Holdings

LP

.625

12/15/28

407,941

300,000

(b) Kosmos

Energy

Ltd

.750

05/01/27

260,843

200,000

(b) Matador

Resources

Co

.250

04/15/33

192,647

300,000

(b) Medco

Laurel

Tree

Pte

Ltd

.950

11/12/28

295,536

50,000

(b),(c)

New

Fortress

Energy

Inc

.500

09/30/26

29,936

160,000

(b) NFE

Financing

LLC

.000

11/15/29

68,645

490,000

(b) Noble

Finance

II

LLC

.000

04/15/30

488,258

300,000

(b) Northern

Oil

&

Gas

Inc

.125

03/01/28

301,222

400,000

PBF

Holding

Co

LLC

/

PBF

Finance

Corp

.000

02/15/28

371,396

200,000

(b),(c)

Pluspetrol

SA

.500

05/30/32

199,800

200,000

(b) Raizen

Fuels

Finance

SA

.700

02/25/37

193,322

250,000

(b) Rockies

Express

Pipeline

LLC

.750

03/15/33

257,487

301,692

(b) Transocean

Aquila

Ltd

.000

09/30/28

301,219

150,000

(b) Transocean

Inc

.250

05/15/29

135,269

300,000

(b) Transocean

Inc

.000

02/01/27

293,287

600,000

(b) Venture

Global

Calcasieu

Pass

LLC

.875

11/01/33

512,499

500,000

(b) Venture

Global

LNG

Inc

.375

06/01/31

507,571

500,000

(b) Venture

Global

LNG

Inc

.875

02/01/32

531,923

200,000

(b) YPF

SA

.250

01/17/34

197,105

TOTAL

ENERGY

11,651,644

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

1.5%

580,000

(b) Brookfield

Property

REIT

Inc

/

BPR

Cumulus

LLC

/

BPR

Nimbus

LLC

/

GGSI

Sellco

LL

.750

05/15/26

574,587

620,000

(b) MPT

Operating

Partnership

LP

/

MPT

Finance

Corp

.500

02/15/32

635,527

728,000

(c) MPT

Operating

Partnership

LP

/

MPT

Finance

Corp

.000

10/15/27

636,243

300,000

(b) RHP

Hotel

Properties

LP

/

RHP

Finance

Corp

.500

04/01/32

304,117

180,000

(b),(h)

RHP

Hotel

Properties

LP

/

RHP

Finance

Corp

.500

06/15/33

183,063

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

(continued)

305,000

(b) Uniti

Group

LP

/

Uniti

Group

Finance

2019

Inc

/

CSL

Capital

LLC

.500

%

02/15/29

$

287,566

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

2,621,103

FINANCIAL

SERVICES

-

4.6%

1,100,000

(b) Azorra

Finance

Ltd

.750

04/15/30

1,103,153

300,000

Block

Inc

.500

05/15/32

306,596

200,000

(b) Compass

Group

Diversified

Holdings

LLC

.250

04/15/29

173,052

750,000

(b) Encore

Capital

Group

Inc

.500

05/15/30

795,012

210,000

(b) Freedom

Mortgage

Holdings

LLC

.375

04/01/32

207,411

350,000

(b) HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC

.375

06/15/26

340,724

310,000

(b) Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp

.000

11/15/29

302,186

200,000

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp

.375

02/01/29

163,358

250,000

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp

.250

05/15/27

237,896

170,000

(b) Jane

Street

Group

/

JSG

Finance

Inc

.750

05/01/33

174,340

990,000

(b) Jane

Street

Group

/

JSG

Finance

Inc

.125

11/01/32

991,638

200,000

(b) Muthoot

Finance

Ltd

.375

04/23/29

196,868

230,000

OneMain

Finance

Corp

.500

01/15/27

222,845

280,000

(b) PennyMac

Financial

Services

Inc

.875

05/15/32

281,316

700,000

(b) PennyMac

Financial

Services

Inc

.875

12/15/29

737,297

700,000

(b) Rocket

Mortgage

LLC

/

Rocket

Mortgage

Co-Issuer

Inc

.875

10/15/26

677,908

430,000

(b) Starwood

Property

Trust

Inc

.500

10/15/30

435,160

315,000

(b) Starwood

Property

Trust

Inc

.000

04/15/30

314,089

215,000

(b) WEX

Inc

.500

03/15/33

212,647

TOTAL

FINANCIAL

SERVICES

7,873,496

FOOD,

BEVERAGE

&

TOBACCO

-

1.1%

200,000

(b),(c)

Fiesta

Purchaser

Inc

.625

09/15/32

209,225

200,000

(b) Grupo

Nutresa

SA

.000

05/12/30

205,786

300,000

(b) Minerva

Luxembourg

SA

.875

09/13/33

322,045

250,000

(b) Post

Holdings

Inc

.375

03/01/33

248,173

200,000

TreeHouse

Foods

Inc

.000

09/01/28

182,156

725,000

(b) Viking

Baked

Goods

Acquisition

Corp

.625

11/01/31

683,530

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

1,850,915

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

3.8%

575,000

(b) CHS/Community

Health

Systems

Inc

.875

01/15/32

612,875

450,000

(b) DaVita

Inc

.625

06/01/30

420,499

500,000

(b) DaVita

Inc

.875

09/01/32

507,921

813,591

(b) Global

Medical

Response

Inc,

(cash

9.500%,

PIK

10.000%)

.000

10/31/28

813,591

250,000

(b) Insulet

Corp

.500

04/01/33

257,064

400,000

(b),(c)

LifePoint

Health

Inc

.375

01/15/29

377,790

200,000

(b) LifePoint

Health

Inc

.000

10/15/30

219,868

500,000

(b) Molina

Healthcare

Inc

.875

11/15/30

457,147

700,000

(b) Molina

Healthcare

Inc

.250

01/15/33

698,871

550,000

(b) Prime

Healthcare

Services

Inc

.375

09/01/29

558,794

885,000

(b) Radiology

Partners

Inc,

(cash

4.275%,

PIK

3.500%)

.775

01/31/29

889,425

250,000

(b) Radiology

Partners

Inc,

(cash

9.781%,

PIK

9.781%)

.781

02/15/30

241,366

325,000

(b) Star

Parent

Inc

.000

10/01/30

335,910

200,000

Tenet

Healthcare

Corp

.125

06/15/30

201,960

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

6,593,081

INSURANCE

-

2.6%

800,000

(b) Acrisure

LLC

/

Acrisure

Finance

Inc

.500

11/06/30

825,439

300,000

(b) Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co-Issuer

.750

04/15/28

304,201

300,000

(b) Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co-Issuer

.500

10/01/31

302,402

1,205,000

(b) APH

Somerset

Investor

LLC

/

APH2

Somerset

Investor

LLC

/

APH3

Somerset

Inves

.875

11/01/29

1,192,239

760,000

(b) Ardonagh

Finco

Ltd

.750

02/15/31

785,822

525,000

(b) Panther

Escrow

Issuer

LLC

.125

06/01/31

543,115

500,000

(b),(e)

Residential

Reinsurance

2025

Ltd

(3-Month

U.S.

Treasury

Bill

+

5.750%)

.783

06/06/29

499,500

TOTAL

INSURANCE

4,452,718

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Credit

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MATERIALS

-

3.3%

300,000

(b) Arsenal

AIC

Parent

LLC

.000

%

10/01/30

$

315,039

200,000

(b) Braskem

Idesa

SAPI

.990

02/20/32

147,054

424,000

Celanese

US

Holdings

LLC

.415

07/15/27

434,727

200,000

(b) Celulosa

Arauco

y

Constitucion

SA

.180

05/05/32

200,637

300,000

(b) Cleveland-Cliffs

Inc

.875

11/01/29

278,931

375,000

(b) Clydesdale

Acquisition

Holdings

Inc

.625

04/15/29

378,213

400,000

(b),(c)

LD

Celulose

International

GmbH

.950

01/26/32

412,200

200,000

(b) Limak

Cimento

Sanayi

ve

Ticaret

AS

.750

07/25/29

197,800

100,000

(b) Mineral

Resources

Ltd

.250

10/01/28

102,029

200,000

(b) Mineral

Resources

Ltd

.000

11/01/27

199,809

200,000

(b),(c)

Nexa

Resources

SA

.600

04/08/37

198,394

300,000

(b) NOVA

Chemicals

Corp

.000

12/01/31

313,749

165,000

(b) Novelis

Corp

.250

11/15/26

161,845

230,000

(b) OCP

SA

.700

03/01/36

225,975

200,000

(b) Orbia

Advance

Corp

SAB

de

CV

.800

05/13/30

200,890

780,000

(b),(c)

Owens-Brockway

Glass

Container

Inc

.250

05/15/31

781,332

200,000

(b) Sasol

Financing

USA

LLC

.750

05/03/29

196,659

400,000

(b),(c)

Sealed

Air

Corp

.500

07/15/32

409,665

250,000

(b) Trivium

Packaging

Finance

BV

.250

07/15/30

259,386

200,000

UPL

Corp

Ltd,

Reg

S

.625

06/16/30

180,847

TOTAL

MATERIALS

5,595,181

MEDIA

&

ENTERTAINMENT

-

5.0%

775,000

(b) Advantage

Sales

&

Marketing

Inc

.500

11/15/28

591,903

177,000

(b),(c)

AMC

Entertainment

Holdings

Inc

.500

02/15/29

138,325

330,000

(b) CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp

.125

05/01/27

326,595

525,000

(b) CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp

.750

02/01/32

486,004

750,000

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

.400

12/01/61

505,242

625,000

(b) CSC

Holdings

LLC

.500

04/15/27

592,075

1,200,000

(b),(c)

CSC

Holdings

LLC

.250

05/15/28

1,187,618

600,000

(b) Directv

Financing

LLC

/

Directv

Financing

Co-Obligor

Inc

.875

08/15/27

590,585

300,000

(b) DISH

DBS

Corp

.250

12/01/26

276,926

825,000

(b) DISH

Network

Corp

.750

11/15/27

851,162

$

200,000

(b),(c)

Gray

Media

Inc

.000

05/15/27

198,617

570,000

(b) LCPR

Senior

Secured

Financing

DAC

.750

10/15/27

412,985

300,000

(b) Match

Group

Holdings

II

LLC

.125

08/01/30

276,874

580,000

(b) McGraw-Hill

Education

Inc

.375

09/01/31

596,771

500,000

(b),(c)

Scripps

Escrow

II

Inc

.875

01/15/29

427,500

350,000

(b) Sirius

XM

Radio

LLC

.125

09/01/26

341,902

400,000

(b) Univision

Communications

Inc

.500

07/31/31

384,065

325,000

(b) Univision

Communications

Inc

.375

06/30/30

303,833

TOTAL

MEDIA

&

ENTERTAINMENT

8,488,982

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0.8%

250,000

(b) 1261229

BC

Ltd

.000

04/15/32

247,504

200,000

(b) Bausch

Health

Americas

Inc

.500

01/31/27

188,500

200,000

(b) Bausch

Health

Cos

Inc

.000

09/30/28

191,893

375,000

(b) Charles

River

Laboratories

International

Inc

.750

03/15/29

347,363

300,000

(b) Organon

&

Co

/

Organon

Foreign

Debt

Co-Issuer

BV

.125

04/30/28

281,798

200,000

(b) Organon

&

Co

/

Organon

Foreign

Debt

Co-Issuer

BV

.125

04/30/31

168,056

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

1,425,114

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

1.1%

804,000

(b),(c)

Anywhere

Real

Estate

Group

LLC

/

Anywhere

Co-Issuer

Corp

.000

04/15/30

734,468

560,000

(b) Avis

Budget

Car

Rental

LLC

/

Avis

Budget

Finance

Inc

.750

07/15/27

552,520

375,000

Kennedy-Wilson

Inc

.750

03/01/29

344,705

197,460

(b) Sorik

Marapi

Geothermal

Power

PT

.750

08/05/31

194,686

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

1,826,379

SOFTWARE

&

SERVICES

-

1.8%

600,000

(b) Amentum

Escrow

Corp

.250

08/01/32

612,050

300,000

(b) CA

Magnum

Holdings

.375

10/31/26

296,253

500,000

(b) Cloud

Software

Group

Inc

.500

03/31/29

499,437

500,000

(b) Cloud

Software

Group

Inc

.250

06/30/32

525,736

PRINCIPAL

DESCRIPTION

VALUE

MATURITY

VALUE

SOFTWARE

&

SERVICES

(continued)

$

500,000

(b) Condor

Merger

Sub

Inc

.375

%

02/15/30

$

462,344

230,000

(b) Fair

Isaac

Corp

.000

05/15/33

229,566

360,000

(b) Gen

Digital

Inc

.250

04/01/33

363,997

190,000

(b) Rocket

Software

Inc

.500

02/15/29

184,471

TOTAL

SOFTWARE

&

SERVICES

3,173,854

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0.4%

330,000

(b),(c)

CommScope

LLC

.500

12/15/31

343,008

150,000

(b) Imola

Merger

Corp

.750

05/15/29

143,728

300,000

(b),(c)

Viasat

Inc

.500

07/15/28

275,351

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

762,087

TELECOMMUNICATION

SERVICES

-

3.9%

400,000

(b) Altice

France

SA

.125

02/01/27

367,108

311,137

EchoStar

Corp,

(cash

6.750%,

PIK

6.750%)

.750

11/30/30

267,578

350,000

EchoStar

Corp

.750

11/30/29

351,715

175,000

(c) Hughes

Satellite

Systems

Corp

.250

08/01/26

157,755

275,000

(b) Iliad

Holding

SASU

.000

04/15/32

276,768

425,000

(b) Level

Financing

Inc

.625

01/15/29

352,750

650,000

(b) Level

Financing

Inc

.750

07/15/29

533,435

450,000

(b) Level

Financing

Inc

.000

10/15/32

452,296

400,000

(b) Lumen

Technologies

Inc

.500

01/15/29

354,000

800,000

(b) Lumen

Technologies

Inc

.000

10/15/32

820,480

200,000

(b) Turkcell

Iletisim

Hizmetleri

AS

.650

01/24/32

202,884

600,000

(b) Virgin

Media

Secured

Finance

PLC

.500

08/15/30

554,016

285,000

(b) Windstream

Escrow

LLC

/

Windstream

Escrow

Finance

Corp

.250

10/01/31

296,613

1,150,000

(b) Zayo

Group

Holdings

Inc

.000

03/01/27

1,081,820

700,000

(b) Zayo

Group

Holdings

Inc

.125

03/01/28

603,628

TOTAL

TELECOMMUNICATION

SERVICES

6,672,846

TRANSPORTATION

-

1.5%

485,000

(b) Air

Transport

Services

Group

Inc

.250

03/15/32

502,315

1,770,000

(b) Brightline

East

LLC

.000

01/31/30

1,274,400

340,000

(b) United

Airlines

Inc

.375

04/15/26

335,971

556,000

(b),(c)

VistaJet

Malta

Finance

PLC

/

Vista

Management

Holding

Inc

.500

06/01/28

547,716

TOTAL

TRANSPORTATION

2,660,402

UTILITIES

-

3.2%

300,000

(b) California

Buyer

Ltd

/

Atlantica

Sustainable

Infrastructure

PLC

.375

02/15/32

296,633

195,450

(b) Continuum

Green

Energy

India

Pvt

/

Co-Issuers

.500

06/26/33

200,967

800,000

(b) ContourGlobal

Power

Holdings

SA

.750

02/28/30

810,432

500,000

(b) Ferrellgas

LP

/

Ferrellgas

Finance

Corp

.875

04/01/29

452,699

200,000

(b) Greenko

Wind

Projects

Mauritius

Ltd

.250

09/27/28

198,559

250,000

(b) LONG

RIDGE

ENERGY

LLC

.750

02/15/32

251,948

190,000

(b) NRG

Energy

Inc

.250

11/01/34

190,064

200,000

(b) Pampa

Energia

SA

.875

12/16/34

198,338

200,000

(b) Pampa

Energia

SA

.950

09/10/31

202,268

300,000

(b) Pattern

Energy

Operations

LP

/

Pattern

Energy

Operations

Inc

.500

08/15/28

287,868

200,000

(b) Saavi

Energia

Sarl

.875

02/10/35

204,600

600,000

(b) Talen

Energy

Supply

LLC

.625

06/01/30

640,771

200,000

(b) TerraForm

Power

Operating

LLC

.750

01/15/30

188,523

250,000

(b) Vistra

Operations

Co

LLC

.750

10/15/31

265,084

340,000

(b) Vistra

Operations

Co

LLC

.625

02/15/27

339,775

100,000

(b) XPLR

Infrastructure

Operating

Partners

LP

.500

09/15/27

96,735

300,000

(b),(c)

XPLR

Infrastructure

Operating

Partners

LP

.250

01/15/29

301,472

290,000

(b),(c)

XPLR

Infrastructure

Operating

Partners

LP

.625

03/15/33

304,208

TOTAL

UTILITIES

5,430,944

TOTAL

CORPORATE

BONDS

(Cost

$92,979,123)

93,102,490

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Credit

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

-

8.1%

–

$

948,828

(b),(e)

BLP

Commercial

Mortgage

Trust

2024-IND2,

Series

2024

IND2,

(TSFR1M

+

3.689%)

.011

%

03/15/41

$

949,262

1,000,000

(b),(e)

BX

Trust

2021-VIEW,

Series

2021

VIEW,

(TSFR1M

+

3.714%)

.036

06/15/36

999,666

1,000,000

(b),(e)

COMM

2014-UBS3

Mortgage

Trust,

Series

2014

UBS3

.767

06/10/47

430,010

900,000

(b) COMM

2015-CCRE22

Mortgage

Trust,

Series

2015

CR22

.000

03/10/48

614,109

485,000

(e) COMM

2015-CCRE25

Mortgage

Trust,

Series

2015

CR25

.768

08/10/48

455,629

850,000

(b),(e)

Connecticut

Avenue

Securities

Trust

2022-R01,

Series

2022

R01,

(SOFR30A

+

6.000%)

.322

12/25/41

894,001

1,500,000

(b),(e)

Connecticut

Avenue

Securities

Trust

2022-R02,

Series

2022

R02,

(SOFR30A

+

7.650%)

.972

01/25/42

1,616,031

1,500,000

(b),(e)

Connecticut

Avenue

Securities

Trust

2022-R06,

Series

2022

R06,

(SOFR30A

+

10.600%)

.334

05/25/42

1,721,810

565,000

(b),(e)

Connecticut

Avenue

Securities

Trust

2023-R06,

Series

2023

R06,

(SOFR30A

+

5.900%)

.222

07/25/43

602,589

1,000,000

(b),(e)

Freddie

Mac

STACR

REMIC

Trust

2021-DNA6,

Series

2021

DNA6,

(SOFR30A

+

7.500%)

.822

10/25/41

1,066,226

1,000,000

(b),(e)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA1,

Series

2022

DNA1,

(SOFR30A

+

7.100%)

.422

01/25/42

1,069,971

450,000

(b),(e)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA2,

Series

2022

DNA2,

(SOFR30A

+

4.750%)

.072

02/25/42

471,469

1,098,000

(b),(e)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA2,

Series

2022

DNA2,

(SOFR30A

+

8.500%)

.788

02/25/42

1,201,057

920,000

(b),(e)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA3,

Series

2022

DNA3,

(SOFR30A

+

9.750%)

.087

04/25/42

1,032,927

800,000

(e) JPMBB

Commercial

Mortgage

Securities

Trust

2014-C22,

Series

2014

C22

.508

09/15/47

739,600

TOTAL

MORTGAGE-BACKED

SECURITIES

(Cost

$14,351,724)

13,864,357

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

6359481

SOVEREIGN

DEBT

-

.7

%

6359481

ANGOLA

-

0.1%

200,000

(b) Angolan

Government

International

Bond

.750

04/14/32

164,053

TOTAL

ANGOLA

164,053

ARGENTINA

-

0.2%

600,000

Argentine

Republic

Government

International

Bond

.125

07/09/35

402,900

TOTAL

ARGENTINA

402,900

BAHAMAS

-

0.1%

200,000

(b) Bahamas

Government

International

Bond

.000

11/21/28

193,800

TOTAL

BAHAMAS

193,800

BARBADOS

-

0.2%

270,000

(b) Barbados

Government

International

Bond

.500

10/01/29

256,905

TOTAL

BARBADOS

256,905

BENIN

-

0.1%

200,000

(b) Benin

Government

International

Bond

.960

02/13/38

183,358

TOTAL

BENIN

183,358

COLOMBIA

-

0.1%

200,000

Colombia

Government

International

Bond

.250

04/22/32

156,900

TOTAL

COLOMBIA

156,900

COTE

D'IVOIRE

-

0.2%

300,000

(b) Ivory

Coast

Government

International

Bond

.125

06/15/33

265,536

TOTAL

COTE

D'IVOIRE

265,536

DOMINICAN

REPUBLIC

-

0.2%

200,000

(b) Dominican

Republic

International

Bond

.500

02/15/48

184,480

150,000

(b) Dominican

Republic

International

Bond

.600

06/01/36

149,168

TOTAL

DOMINICAN

REPUBLIC

333,648

ECUADOR

-

0.2%

155,762

(b) Ecuador

Government

International

Bond

.000

07/31/35

96,962

311,523

Ecuador

Government

International

Bond,

Reg

S

.500

07/31/35

193,923

TOTAL

ECUADOR

290,885

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EGYPT

-

0.2%

$

200,000

(b) Egypt

Government

International

Bond

.750

%

09/30/51

$

155,538

200,000

(b) Egypt

Government

International

Bond

.625

02/04/30

198,229

TOTAL

EGYPT

353,767

EL

SALVADOR

-

0.1%

200,000

(b) El

Salvador

Government

International

Bond

.625

09/21/34

192,140

TOTAL

EL

SALVADOR

192,140

GHANA

-

0.1%

200,000

(b) Ghana

Government

International

Bond

.000

07/03/35

148,500

TOTAL

GHANA

148,500

GUATEMALA

-

0.2%

300,000

(b) Guatemala

Government

Bond

.700

10/07/33

250,575

TOTAL

GUATEMALA

250,575

HONDURAS

-

0.1%

200,000

(b) Honduras

Government

International

Bond

.625

06/24/30

184,600

TOTAL

HONDURAS

184,600

IRAQ

-

0.2%

300,000

(b) Iraq

International

Bond

.800

01/15/28

294,759

TOTAL

IRAQ

294,759

KENYA

-

0.1%

200,000

(b) Republic

of

Kenya

Government

International

Bond

.500

03/05/36

182,500

TOTAL

KENYA

182,500

MONGOLIA

-

0.1%

200,000

(b) Mongolia

Government

International

Bond

.625

02/25/30

194,522

TOTAL

MONGOLIA

194,522

PAKISTAN

-

0.1%

200,000

(b) Pakistan

Government

International

Bond

.375

04/08/31

170,002

TOTAL

PAKISTAN

170,002

PANAMA

-

0.1%

200,000

Panama

Government

International

Bond

.875

01/31/36

193,270

TOTAL

PANAMA

193,270

PARAGUAY

-

0.1%

200,000

(b) Paraguay

Government

International

Bond

.000

02/09/36

199,710

TOTAL

PARAGUAY

199,710

ROMANIA

-

0.1%

200,000

(b) Romanian

Government

International

Bond

.500

02/10/37

200,627

TOTAL

ROMANIA

200,627

RWANDA

-

0.1%

200,000

(b) Rwanda

International

Government

Bond

.500

08/09/31

168,000

TOTAL

RWANDA

168,000

SENEGAL

-

0.1%

300,000

(b) Senegal

Government

International

Bond

.250

05/23/33

215,700

TOTAL

SENEGAL

215,700

SRI

LANKA

-

0.1%

200,000

(b) Sri

Lanka

Government

International

Bond

.600

02/15/38

155,974

TOTAL

SRI

LANKA

155,974

TURKEY

-

0.2%

200,000

Turkiye

Government

International

Bond

.950

01/15/31

187,623

200,000

Turkiye

Government

International

Bond

.250

05/29/32

196,553

TOTAL

TURKEY

384,176

UKRAINE

-

0.1%

500,000

(b) Ukraine

Government

International

Bond

.750

02/01/36

236,813

TOTAL

UKRAINE

236,813

UZBEKISTAN

-

0.1%

200,000

(b) Republic

of

Uzbekistan

International

Bond

.700

11/25/30

170,500

TOTAL

UZBEKISTAN

170,500

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Credit

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ZAMBIA

-

0.1%

$

239,823

(b) Zambia

Government

International

Bond

.750

%

06/30/33

$

215,361

TOTAL

ZAMBIA

215,361

TOTAL

SOVEREIGN

DEBT

(Cost

$6,443,476)

6,359,481

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

14875916

VARIABLE

RATE

SENIOR

LOAN

INTERESTS

-

.7

%

14875916

CAPITAL

GOODS

-

0.4%

198,333

(e) QXO

Inc,

Term

Loan

B,

(TSFR3M

+

3.000%)

.280

04/30/32

199,212

448,212

(e) Windsor

Holdings

III,

LLC,

Term

Loan

B,

(TSFR1M

+

2.750%)

.075

08/01/30

447,582

TOTAL

CAPITAL

GOODS

646,794

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0.2%

430,000

(e) WIN

Waste

Innovations

Holdings,

Inc.,

Incremental

Term

Loan,

(TSFR1M

+

3.750%)

.191

03/27/28

432,419

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

432,419

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

0.1%

146,750

(e) Johnstone

Supply

LLC,

Term

Loan

B,

(TSFR1M

+

2.500%)

.823

06/09/31

146,669

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

146,669

CONSUMER

SERVICES

-

0.6%

380,591

(e) ClubCorp

Holdings,

Inc.,

Term

Loan

B2,

(TSFR3M

+

5.000%)

.561

09/18/26

381,780

598,500

(e) GBT

US

III

LLC,

Term

Loan

B,

(TSFR3M

+

2.500%)

.783

07/28/31

598,901

TOTAL

CONSUMER

SERVICES

980,681

FINANCIAL

SERVICES

-

0.3%

445,000

(e),(h)

Orion

US

Finco,

(TBD)

TBD

TBD

445,765

TOTAL

FINANCIAL

SERVICES

445,765

FOOD,

BEVERAGE

&

TOBACCO

-

0.1%

89,902

(e) City

Brewing

Company,

LLC,

First

Out

New

Money

Term

Loan,

(TSFR3M

+

6.250%)

.506

04/05/28

36,860

235,255

(e) City

Brewing

Company,

LLC,

FLFO

Roll

Up

Term

Loan,

(TSFR3M

+

3.500%)

.018

04/05/28

96,454

19,487

(e) City

Brewing

Company,

LLC,

PIK

Super

Priority

Term

Loan,

(TSFR3M

+

9.000%)

.580

01/03/26

18,025

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

151,339

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

1.0%

486,250

(e) Bausch

&

Lomb

Corporation,

Term

Loan,

(TSFR1M

+

3.250%)

.679

05/10/27

485,365

445,781

(e) Medline

Borrower,

LP,

Add-on

Term

Loan

B,

(TSFR1M

+

2.250%)

.577

10/23/28

445,850

2,412

(e) Onex

TSG

Intermediate

Corp.,

Term

Loan

B,

(TSFR3M

+

4.750%)

.344

02/28/28

2,420

278,564

(e) Parexel

International

Corporation,

Term

Loan

B,

(TSFR1M

+

2.500%)

.827

11/15/28

278,991

498,750

(e) Zelis

Payments

Buyer,

Inc.,

5th

Amendment

Term

Loan,

(TSFR1M

+

3.250%)

.577

11/26/31

498,633

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

1,711,259

INSURANCE

-

1.4%

500,000

(e),(h)

Alliant

Holdings

Intermediate,

LLC,

Term

Loan

B6,

(TBD)

TBD

TBD

498,425

250,000

(e) Asurion

LLC,

2nd

Lien

Term

Loan

B3,

(TSFR1M

+

5.250%)

.691

02/03/28

242,366

500,000

(e),(h)

Asurion

LLC,

Term

Loan

B8,

(TBD)

TBD

TBD

500,173

496,250

(e) Broadstreet

Partners,

Inc.,

Term

Loan

B4,

(TSFR1M

+

3.000%)

.327

06/16/31

497,337

749,373

(e),(i)

Sedgwick

Claims

Management

Services,

Inc.,

Term

Loan

B,

(TSFR1M

+

3.000%)

.327

07/31/31

751,400

TOTAL

INSURANCE

2,489,701

MEDIA

&

ENTERTAINMENT

-

0.4%

566,538

(e) Planet

US

Buyer

LLC,

Term

Loan

B,

(TSFR1M

+

TSFR3M

+

3.000%)

.327

02/10/31

569,017

125,000

(e) Virgin

Media

Bristol

LLC,

Term

Loan

Q,

(TSFR1M

+

3.250%)

.693

01/31/29

123,453

TOTAL

MEDIA

&

ENTERTAINMENT

692,470

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

0.6%

$

261,146

(e) Cushman

&

Wakefield

U.S.

Borrower,

LLC,

Term

Loan

B1,

(TSFR1M

+

2.750%)

.077

%

01/31/30

$

262,452

725,000

(e) Forest

City

Enterprises,

L.P.,

Term

Loan

B,

(TSFR1M

+

3.500%)

.941

12/08/25

705,697

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

968,149

SOFTWARE

&

SERVICES

-

2.7%

428,925

(e) Boost

Newco

Borrower,

LLC,

Term

Loan

B,

(TSFR3M

+

2.000%)

.299

01/31/31

430,199

500,000

(e) Boxer

Parent

Company

Inc.,

Term

Loan

B,

(TSFR3M

+

3.000%)

.333

07/30/31

497,108

400,000

(e) Clearwater

Analytics,

LLC,

Term

Loan

B,

(TSFR3M

+

2.250%)

.529

04/21/32

401,000

400,000

(e),(h)

Cloud

Software

Group,

Inc.,

Term

Loan,

(TBD)

TBD

TBD

399,500

173,254

(e) Cotiviti

Corporation,

Term

Loan,

(TSFR1M

+

2.750%)

.074

05/01/31

172,714

180,000

(e) Epicor

Software

Corporation,

Term

Loan

E,

(TSFR1M

+

2.750%)

.077

05/30/31

180,637

146,250

(e) Fortress

Intermediate

3,

Inc,

Term

Loan

B,

(TSFR1M

+

3.500%)

.827

06/27/31

146,616

432,416

(e) Genesys

Cloud

Services

Holdings

II

LLC,

Term

Loan

B,

(TSFR1M

+

2.500%)

.827

01/30/32

431,722

100,229

(h) Javelin

Buyer

Inc,

(TBD)

TBD

TBD

98,381

500,000

(e) Javelin

Buyer,

Inc.,

First

Lien

Term

Loan,

(TSFR3M

+

3.250%)

.583

12/08/31

501,643

249,374

(e) Mitchell

International,

Inc.,

First

Lien

Term

Loan,

(TSFR1M

+

3.250%)

.577

06/17/31

248,932

500,000

(e),(h)

UKG

Inc.,

Term

Loan

B,

(TBD)

TBD

TBD

501,522

577,000

X

Corp

.500

10/29/29

575,061

TOTAL

SOFTWARE

&

SERVICES

4,585,035

TELECOMMUNICATION

SERVICES

-

0.5%

448,859

(e) Lumen

Technologies,

Inc.,

Extended

Term

Loan

B2,

(TSFR1M

+

2.350%)

.791

04/15/30

445,057

500,000

(e) Zayo

Group

Holdings,

Inc.,

Term

Loan,

(TSFR1M

+

3.000%)

.441

03/09/27

478,823

TOTAL

TELECOMMUNICATION

SERVICES

923,880

UTILITIES

-

0.4%

699,461

(e) Talen

Energy

Supply,

LLC,

Term

Loan

B,

(TSFR3M

+

2.500%)

.808

05/17/30

701,755

TOTAL

UTILITIES

701,755

TOTAL

VARIABLE

RATE

SENIOR

LOAN

INTERESTS

(Cost

$14,915,367)

14,875,916

TOTAL

LONG-TERM

INVESTMENTS

(Cost

$159,511,581)

158,552,034

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

5.2%

8,962,309

(j) State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

.340

(k) 8,962,309

TOTAL

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

(Cost

$8,962,309)

8,962,309

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM

INVESTMENTS

-

7.1%

12068835

REPURCHASE

AGREEMENTS

-

.1

%

12068835

11,375,000

(l) Fixed

Income

Clearing

Corporation

.300

06/02/25

11,375,000

693,835

(m) Fixed

Income

Clearing

Corporation

.360

06/02/25

693,835

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$12,068,835)

12,068,835

TOTAL

SHORT-TERM

INVESTMENTS

(Cost

$12,068,835)

12,068,835

TOTAL

INVESTMENTS

-

.0

%

(Cost

$

180,542,725)

179,583,178

OTHER

ASSETS

&

LIABILITIES,

NET

- (5.0)%

(8,574,245)

NET

ASSETS

-

100%

$

171,008,933

LIBOR

London

Inter-Bank

Offered

Rate

M

Month

PIK

Payment-in-kind

("PIK")

security. Depending

on

the

terms

of

the

security,

income

may

be

received

in

the

form

of

cash,

securities,

or

a

combination

of

both. The

PIK

rate

shown,

where

applicable,

represents

the

annualized

rate

of

the

last

PIK

payment

made

by

the

issuer

as

of

the

end

of

the

reporting

period.

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Credit

#### Income

Investments

in

Derivatives

Part

F

of

Form

N-PORT

was

prepared

in

accordance

with

U.S.

generally

accepted

accounting

principles

("U.S.

GAAP")

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission

("SEC")

related

to

interim

filings.

Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report

pursuant

to

the

rules

of

the

SEC.

For

a

full

set

of

the

Fund's

notes

to

financial

statements,

please

refer

to

the

Fund's

most

recently

filed

annual

or

semi-annual

report.

Fair

Value

Measurements

The

Fund's

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Directors/

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management's

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels.

Level

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management's

assumptions

in

determining

the

fair

value

of

investments).

Reg

S

Regulation

S

allows

U.S.

companies

to

sell

securities

to

persons

or

entities

located

outside

of

the

United

States

without

registering

those

securities

with

the

Securities

and

Exchange

Commission.

Specifically,

Regulation

S

provides

a

safe

harbor

from

the

registration

requirements

of

the

Securities

Act

for

the

offers

and

sales

of

securities

by

both

foreign

and

domestic

issuers

that

are

made

outside

the

United

States.

REIT

Real

Estate

Investment

Trust

SOFR30A

Day

Average

Secured

Overnight

Financing

Rate

TBD

Senior

loan

purchased

on

a

when-issued

or

delayed-delivery

basis.

Certain

details

associated

with

this

purchase

are

not

known

prior

to

the

settlement

date

of

the

transaction.

In

addition,

senior

loans

typically

trade

without

accrued

interest

and

therefore

a

coupon

rate

is

not

available

prior

to

settlement.

At

settlement,

if

still

unknown,

the

borrower

or

counterparty

will

provide

the

Fund

with

the

final

coupon

rate

and

maturity

date.

TSFR1M

CME

Term

Secured

Overnight

Financing

Rate

Month

TSFR3M

CME

Term

Secured

Overnight

Financing

Rate

Month

(a) Perpetual

security.

Maturity

date

is

not

applicable.

(b) Security

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

As

of

the

end

of

the

reporting

period,

the

aggregate

value

of

these

securities

is

$126,189,761

or

70.3%

of

Total

Investments.

(c) Investment,

or

a

portion

of

investment,

is

out

on

loan

for

securities

lending.

The

total

value

of

the

securities

out

on

loan

as

of

the

end

of

the

reporting

period

was

$8,607,832.

(d) For

fair

value

measurement

disclosure

purposes,

investment

classified

as

Level

3. (e) Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

(f) Non-income

producing;

issuer

has

not

declared

an

ex-dividend

date

within

the

past

twelve

months.

(g) Contingent

Capital

Securities

("CoCos")

are

debt

or

preferred

securities

with

loss

absorption

characteristics

built

into

the

terms

of

the

security

for

the

benefit

of

the

issuer,

for

example

an

automatic

write-down

of

principal

or

a

mandatory

conversion

into

the

issuer's

common

stock

under

certain

adverse

circumstances,

such

as

the

issuer's

capital

ratio

falling

below

a

specified

level.

As

of

the

end

of

the

reporting

period,

the

Fund's

total

investment

in

CoCos

was

1.8%

of

Total

Investments.

(h) When-issued

or

delayed

delivery

security.

(i) Portion

of

investment

purchased

on

a

delayed

delivery

basis.

(j) Investments

made

with

cash

collateral

received

from

securities

on

loan.

(k) The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

(l) Agreement

with

Fixed

Income

Clearing

Corporation,

4.300%

dated

5/30/25

to

be

repurchased

at

$11,379,076

on

6/2/25,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.125%

and

maturity

date

10/31/31,

valued

at

$11,602,618.

(m) Agreement

with

Fixed

Income

Clearing

Corporation,

1.360%

dated

5/30/25

to

be

repurchased

at

$693,914

on

6/2/25,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

3.750%

and

maturity

date

12/31/28,

valued

at

$707,772.

Futures

Contracts

-

Long

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

U.S.

Treasury

5-Year

Note

9/25

$

14,025,015

$

14,064,375

$

39,360

The

following

table

summarizes

the

market

value

of

the

Fund's

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

Credit

Income

Level

Level

Level

Total

Long-Term

Investments:

$1,000

Par

(or

similar)

Institutional

Preferred

$

–

$

9,696,802

$

–

$

9,696,802

$25

Par

(or

similar)

Retail

Preferred

1,022,261

–

–

1,022,261

Asset-Backed

Securities

–

16,100,416

884,353

16,984,769

Common

Stocks

–

–

Contingent

Capital

Securities

–

2,645,869

–

2,645,869

Corporate

Bonds

–

93,102,490

–

93,102,490

Mortgage-Backed

Securities

–

13,864,357

–

13,864,357

Sovereign

Debt

–

6,359,481

–

6,359,481

Variable

Rate

Senior

Loan

Interests

–

14,875,916

–

14,875,916

Investments

Purchased

with

Collateral

from

Securities

Lending

8,962,309

–

–

8,962,309

Short-Term

Investments:

Repurchase

Agreements

–

12,068,835

–

12,068,835

Investments

in

Derivatives:

Futures

Contracts\*

39,360

–

–

39,360

Total

$

10,023,930

$

168,714,166

$

884,442

$

179,622,538

\*

Represents

net

unrealized

appreciation

(depreciation).

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025

#### Strategic

#### Income
(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM

INVESTMENTS

-

98.0%

82264573

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

-

.8

%

82264573

AUTOMOBILES

&

COMPONENTS

-

0.2%

$

2,000,000

(a) General

Motors

Financial

Co

Inc

.750

%

N/A

$

1,925,464

TOTAL

AUTOMOBILES

&

COMPONENTS

1,925,464

BANKS

-

2.9%

500,000

(b) Bangkok

Bank

PCL/Hong

Kong

.466

09/23/36

439,712

1,500,000

(a) Bank

of

America

Corp

.125

N/A

1,510,344

5,000,000

Bank

of

Montreal

.300

11/26/84

5,003,955

3,000,000

Canadian

Imperial

Bank

of

Commerce

.950

01/28/85

2,977,730

1,685,000

(a) Citigroup

Inc

.625

N/A

1,757,586

1,075,000

Citigroup

Inc

.020

01/24/36

1,081,335

2,000,000

(a) CoBank

ACB

.250

N/A

2,001,918

1,560,000

(a) Huntington

Bancshares

Inc/OH

.625

N/A

1,555,349

2,000,000

(a) JPMorgan

Chase

&

Co

.650

N/A

1,950,416

2,000,000

(a) JPMorgan

Chase

&

Co

.875

N/A

2,085,377

2,000,000

(a) PNC

Financial

Services

Group

Inc/The

.400

N/A

1,903,736

2,000,000

(a) Truist

Financial

Corp

.669

N/A

1,987,143

1,415,000

(a) Truist

Financial

Corp

.100

N/A

1,376,255

1,440,000

(a),(c)

Wells

Fargo

&

Co

.625

N/A

1,533,947

2,900,000

(a) Wells

Fargo

&

Co

.900

N/A

2,855,353

TOTAL

BANKS

30,020,156

ENERGY

-

0.8%

2,470,000

(a) Energy

Transfer

LP

.125

N/A

2,480,616

1,993,000

(b) South

Bow

Canadian

Infrastructure

Holdings

Ltd

.500

03/01/55

1,987,363

1,780,000

Transcanada

Trust

.500

09/15/79

1,717,202

2,000,000

(a),(b)

Venture

Global

LNG

Inc

.000

N/A

1,886,341

TOTAL

ENERGY

8,071,522

FINANCIAL

SERVICES

-

0.9%

1,354,000

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

.950

03/10/55

1,388,807

1,955,000

(a) Goldman

Sachs

Group

Inc/The

.500

N/A

2,044,484

3,000,000

(a) Goldman

Sachs

Group

Inc/The

.850

N/A

3,024,786

1,970,000

(a) State

Street

Corp

.700

N/A

2,010,917

1,000,000

(a) Voya

Financial

Inc

.758

N/A

1,030,208

TOTAL

FINANCIAL

SERVICES

9,499,202

FOOD,

BEVERAGE

&

TOBACCO

-

0.2%

2,730,000

(a),(b)

Land

O'

Lakes

Inc

.000

N/A

2,483,708

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

2,483,708

INSURANCE

-

1.0%

2,835,000

AXIS

Specialty

Finance

LLC

.900

01/15/40

2,690,044

1,485,000

Enstar

Finance

LLC

.500

01/15/42

1,444,151

2,424,000

(b) Enstar

Group

Ltd

.500

04/01/45

2,454,298

1,000,000

(b) Hanwha

Life

Insurance

Co

Ltd

.379

02/04/32

968,306

1,500,000

Prudential

Financial

Inc

.000

09/01/52

1,497,424

1,900,000

Prudential

Financial

Inc

.500

03/15/54

1,928,949

TOTAL

INSURANCE

10,983,172

MEDIA

&

ENTERTAINMENT

-

0.2%

2,185,000

Paramount

Global

.375

03/30/62

2,135,831

TOTAL

MEDIA

&

ENTERTAINMENT

2,135,831

TELECOMMUNICATION

SERVICES

-

0.3%

1,000,000

(a),(b)

Network

i2i

Ltd

.975

N/A

986,654

2,544,000

Rogers

Communications

Inc

.125

04/15/55

2,547,690

TOTAL

TELECOMMUNICATION

SERVICES

3,534,344

UTILITIES

-

1.3%

2,000,000

Dominion

Energy

Inc

.000

06/01/54

2,101,650

1,685,000

(a) Edison

International

.375

N/A

1,599,733

1,500,000

(a) Edison

International

.000

N/A

1,338,915

2,225,000

EUSHI

Finance

Inc

.625

12/15/54

2,274,797

2,500,000

PG&E

Corp

.375

03/15/55

2,448,038

2,035,000

(a) Sempra

.875

N/A

2,022,013

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UTILITIES

(continued)

$

1,700,000

(a),(b)

Vistra

Corp

.875

N/A

$

1,826,028

TOTAL

UTILITIES

13,611,174

TOTAL

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

(Cost

$82,730,733)

82,264,573

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ASSET-BACKED

SECURITIES

-

14.9%

–

1,021,297

(b) Aaset

2021-2

Trust,

Series

2021

2A

.798

01/15/47

939,505

600,000

(b),(d)

ACRE

Commercial

Mortgage

2021-FL4

Ltd,

Series

2021

FL4,

(TSFR1M

+

3.214%)

.541

12/18/37

572,889

2,000,000

(b) Adams

Outdoor

Advertising

LP,

Series

2023

.967

07/15/53

2,049,821

1,900,000

(b) Affirm

Asset

Securitization

Trust

2024-B,

Series

2024

B

.500

09/15/29

1,886,710

2,200,000

(b) Affirm

Asset

Securitization

Trust

2024-B,

Series

2024

B

.060

09/15/29

2,184,544

815,971

(b) Alterna

Funding

III

LLC,

Series

2024

1A

.260

05/16/39

822,001

839,028

(b) Alterna

Funding

III

LLC,

Series

2024

1A

.136

05/16/39

844,261

528,726

(d) Ameriquest

Mortgage

Securities

Inc

Asset

Back

Ser

2004-R1,

Series

2004

R1,

(TSFR1M

+

0.714%)

.788

02/25/34

520,498

850,000

(b) Avis

Budget

Rental

Car

Funding

AESOP

LLC,

Series

2021

1A

.130

08/20/27

820,373

2,400,000

(b) Blue

Stream

Issuer

LLC,

Series

2024

1A

.408

11/20/54

2,401,404

2,425,000

(b) Bojangles

Issuer

LLC,

Series

2024

1A

.584

11/20/54

2,443,972

3,250,000

(b) Brex

Commercial

Charge

Card

Master

Trust,

Series

2024

.680

07/15/27

3,260,980

217,513

(b) British

Airways

2020-1

Class

B

Pass

Through

Trust,

Series

2020

A

.375

11/15/28

228,748

1,250,000

(b) Cars

Net

Lease

Mortgage

Notes

Series

2020-1,

Series

2020

1A

.690

12/15/50

1,157,181

1,466,875

(b) Cars

Net

Lease

Mortgage

Notes

Series

2020-1,

Series

2020

1A

.100

12/15/50

1,373,549

1,150,000

(b) CARS-DB4

LP,

Series

2020

1A

.520

02/15/50

1,106,282

627,459

(b) CARS-DB5

LP,

Series

2021

1A

.920

08/15/51

597,990

369,776

Carvana

Auto

Receivables

Trust

2021-N4,

Series

2021

N4

.300

09/11/28

358,390

5,000,000

(b) Carvana

Auto

Receivables

Trust

2024-N3,

Series

2024

N3

.900

12/10/30

4,972,854

2,760,000

(b) Centersquare

Issuer

LLC,

Series

2024

1A

.600

10/26/54

2,656,834

2,240,000

(b) Centersquare

Issuer

LLC,

Series

2024

1A

.200

10/26/54

2,180,725

674,589

(b) CF

Hippolyta

Issuer

LLC,

Series

2020

.600

07/15/60

601,036

1,349,178

(b) CF

Hippolyta

Issuer

LLC,

Series

2020

.280

07/15/60

1,336,596

2,125,000

(b),(d)

CIFC

Funding

2020-I

Ltd,

Series

2020

1A,

(TSFR3M

+

3.362%)

.618

07/15/36

2,134,233

1,760,000

(b),(d)

CIFC

Funding

2020-II

Ltd,

Series

2020

2A,

(TSFR3M

+

3.312%)

.581

10/20/34

1,767,661

385,000

(b),(d)

CIFC

Funding

2020-II

Ltd,

Series

2020

2A,

(LIBOR

M

+

6.762%)

.031

10/20/34

386,190

2,500,000

(b),(d)

CIFC

Funding

2022-IV

Ltd,

Series

2022

4A,

(SOFR

+

3.550%)

.811

07/16/35

2,505,005

2,410,000

(b) Cologix

Data

Centers

US

Issuer

LLC,

Series

2021

1A

.300

12/26/51

2,316,512

1,500,000

(b) Compass

Datacenters

Issuer

III

LLC,

Series

2025

1A

.656

02/25/50

1,507,905

2,000,000

(b) Concord

Music

Royalties

LLC,

Series

2022

1A

.500

01/20/73

2,013,251

1,000,000

(b) Concord

Music

Royalties

LLC,

Series

2024

1A

.644

10/20/74

985,792

2,500,000

(b) Consolidated

Communications

LLC/Fidium

Fiber

Finance

Holdco

LLC,

Series

2025

1A

.000

05/20/55

2,526,856

3,000,000

(b) Crescendo

Royalty

Funding

LP,

Series

2021

.567

12/20/51

2,894,800

1,000,000

(b) CyrusOne

Data

Centers

Issuer

I

LLC,

Series

2023

2A

.560

11/20/48

1,003,538

1,490,998

(b) CyrusOne

Data

Centers

Issuer

I

LLC,

Series

2023

1A

.450

04/20/48

1,447,374

622,993

(b) DB

Master

Finance

LLC,

Series

2019

1A

.021

05/20/49

616,321

1,158,000

(b) DB

Master

Finance

LLC,

Series

2021

1A

.045

11/20/51

1,109,774

1,158,000

(b) DB

Master

Finance

LLC,

Series

2021

1A

.493

11/20/51

1,063,578

80,463

(b) Diamond

Resorts

Owner

Trust

2021-1,

Series

2021

1A

.700

11/21/33

79,741

80,463

(b) Diamond

Resorts

Owner

Trust

2021-1,

Series

2021

1A

.830

11/21/33

79,641

1,440,000

(b) Domino's

Pizza

Master

Issuer

LLC,

Series

2019

1A

.668

10/25/49

1,360,409

972,500

(b) Domino's

Pizza

Master

Issuer

LLC,

Series

2021

1A

.662

04/25/51

902,290

2,500,000

Drive

Auto

Receivables

Trust

2024-2,

Series

2024

.670

05/17/32

2,486,402

1,300,000

(b),(d)

Elmwood

CLO

Ltd,

Series

2022

7A,

(TSFR3M

+

3.650%)

.930

01/17/37

1,308,893

1,500,000

(b),(d)

Elmwood

CLO

Ltd,

Series

2024

1A,

(TSFR3M

+

3.600%)

.869

04/18/37

1,512,846

3,890,000

(b) EWC

Master

Issuer

LLC,

Series

2022

1A

.500

03/15/52

3,813,007

2,350,000

Exeter

Automobile

Receivables

Trust

2024-5,

Series

2024

5A

.640

01/15/30

2,337,295

2,365,412

(b),(d)

FNA

LLC,

Series

2025

.623

03/15/45

2,365,285

2,000,000

(b) Frontier

Issuer

LLC,

Series

2023

.600

08/20/53

2,028,482

1,000,000

(b) Frontier

Issuer

LLC,

Series

2023

.300

08/20/53

1,028,552

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Strategic

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ASSET-BACKED

SECURITIES

(continued)

$

1,000,000

(b) Frontier

Issuer

LLC,

Series

2023

.500

08/20/53

$

1,052,787

2,000,000

(b),(d)

GRACIE

POINT

INTERNATIONAL

FUNDING

2023-2,

Series

2023

2A,

(SOFR90A

+

5.400%)

.748

03/01/27

2,005,815

2,872,500

(b) Hardee's

Funding

LLC,

Series

2020

1A

.981

12/20/50

2,736,745

1,000,000

(b) Hertz

Vehicle

Financing

III

LLC,

Series

2024

1A

.120

01/25/29

1,011,583

1,500,000

(b) Hertz

Vehicle

Financing

III

LLC,

Series

2024

2A

.210

01/27/31

1,517,777

6,150,000

(b) HI-FI

Music

IP

Issuer

LP,

Series

2022

1A

.939

02/01/62

5,970,108

201,209

(b) Hilton

Grand

Vacations

Trust

2019-A,

Series

2019

AA

.840

07/25/33

197,224

736,986

(b) Horizon

Aircraft

Finance

II

Ltd,

Series

2019

.721

07/15/39

711,920

587,396

(b) Horizon

Aircraft

Finance

III

Ltd,

Series

2019

.425

11/15/39

557,670

2,900,100

(b) Horizon

Aircraft

Finance

IV

Ltd,

Series

2024

.375

09/15/49

2,832,574

1,000,000

(b) Hotwire

Funding

LLC,

Series

2024

1A

.672

06/20/54

1,016,422

1,100,000

(b) Hotwire

Funding

LLC,

Series

2021

.658

11/20/51

1,052,319

1,025,000

(b) Hpefs

Equipment

Trust

2022-2,

Series

2022

2A

.940

03/20/30

1,024,944

1,250,000

(b),(e)

Industrial

DPR

Funding

Ltd,

Series

2022

1A

.380

04/15/34

1,107,650

1,637,957

(b) Jonah

Energy

Abs

I

LLC,

Series

2022

.200

12/10/37

1,643,430

1,118,309

(b) Lunar

2021-1

Structured

Aircraft

Portfolio

Notes,

Series

2021

.682

10/15/46

1,071,915

1,869,965

(b) LUNAR

AIRCRAFT

2020-1

LTD,

Series

2020

1A

.376

02/15/45

1,804,267

3,994,267

(b) Lyra

Music

Assets

Delaware

LP,

Series

2024

2A

.760

12/22/64

3,934,653

55,667

(b) MAPS

2018-1

Ltd,

Series

2018

1A

.212

05/15/43

55,555

127,496

(b) MAPS

2021-1

Trust,

Series

2021

1A

.521

06/15/46

119,535

1,000,000

(b) MetroNet

Infrastructure

Issuer

LLC,

Series

2023

1A

.010

04/20/53

1,035,437

2,000,000

(b) MetroNet

Infrastructure

Issuer

LLC,

Series

2022

1A

.350

10/20/52

2,031,681

2,500,000

(b),(e)

Mission

Lane

Credit

Card

Master

Trust,

Series

2025

A

.250

05/15/30

2,499,575

277,786

(b) MVW

2019-2

LLC,

Series

2019

2A

.680

10/20/38

272,018

104,523

(b) MVW

2021-1W

LLC,

Series

2021

1WA

.940

01/22/41

98,965

660,000

(b),(d)

Neuberger

Berman

Loan

Advisers

CLO

Ltd,

Series

2021

40A,

(TSFR3M

+

6.112%)

.372

04/16/33

663,483

1,625,000

(b),(d)

Neuberger

Berman

Loan

Advisers

CLO

Ltd,

Series

2022

48A,

(TSFR3M

+

3.200%)

.482

04/25/36

1,629,145

1,000,000

(b) Oak

Street

Investment

Grade

Net

Lease

Fund

Series

2021-1,

Series

2021

1A

.230

01/20/51

964,731

384,309

(b) Oportun

Issuance

Trust

2021-C,

Series

2021

C

.610

10/08/31

376,721

218,004

(b) Oportun

Issuance

Trust

2021-C,

Series

2021

C

.570

10/08/31

213,785

1,000,000

(b),(d)

Palmer

Square

CLO

2021-3

Ltd,

Series

2021

3A,

(TSFR3M

+

3.212%)

.462

01/15/35

1,004,312

2,500,000

(b),(d)

Palmer

Square

CLO

2022-1

Ltd,

Series

2022

1A,

(TSFR3M

+

3.050%)

.322

04/20/35

2,507,563

1,960,400

(b) Sesac

Finance

LLC,

Series

2019

.216

07/25/49

1,937,633

59,879

(b) Sierra

Timeshare

2021-1

Receivables

Funding

LLC,

Series

2021

1A

.790

11/20/37

58,594

1,838,325

(b) Sonic

Capital

LLC,

Series

2020

1A

.845

01/20/50

1,792,478

1,000,000

(b) Sotheby's

Artfi

Master

Trust,

Series

2024

1A

.910

12/22/31

1,008,139

742,286

(b) Start

II

LTD,

Series

2019

.095

03/15/44

734,960

1,492,500

(b) Subway

Funding

LLC,

Series

2024

1A

.028

07/30/54

1,507,386

2,583,975

(b) Taco

Bell

Funding

LLC,

Series

2021

1A

.294

08/25/51

2,341,074

1,500,000

(b),(d)

TCW

CLO

2021-2

Ltd,

Series

2021

2A,

(LIBOR

M

+

7.122%)

.985

07/25/34

1,488,450

1,500,000

(b) Uniti

Fiber

Abs

Issuer

Llc,

Series

2025

1A

.877

04/20/55

1,523,227

3,000,000

(b) VB-S1

Issuer

LLC

-

VBTEL,

Series

2022

1A

.288

02/15/52

2,851,912

2,155,000

(b) VB-S1

Issuer

LLC

-

VBTEL,

Series

2022

1A

.156

02/15/52

2,075,568

550,670

(b) Vivint

Solar

Financing

V

LLC,

Series

2018

1A

.370

04/30/48

522,818

3,530,518

(b) VR

Funding

LLC,

Series

2020

1A

.790

11/15/50

3,310,245

60,780

(b) VR

Funding

LLC,

Series

2020

1A

.420

11/15/50

59,663

836,899

(b) Wendy's

Funding

LLC,

Series

2021

1A

.370

06/15/51

762,797

1,390,975

(b) Wendy's

Funding

LLC,

Series

2018

1A

.884

03/15/48

1,349,197

851,138

(b) Willis

Engine

Structured

Trust

VI,

Series

2021

A

.104

05/15/46

777,166

1,246,449

(b) Willis

Engine

Structured

Trust

VII,

Series

2023

A

.000

10/15/48

1,273,642

625,625

(b) Zaxbys

Funding

LLC,

Series

2021

1A

.238

07/30/51

572,432

4,500,000

(b) Zayo

Issuer

LLC,

Series

2025

1A

.648

03/20/55

4,521,497

1,500,000

(b) Zayo

Issuer

LLC,

Series

2025

1A

.659

03/20/55

1,515,938

1,000,000

(b) Ziply

Fiber

Issuer

LLC,

Series

2024

1A

.170

04/20/54

1,072,268

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ASSET-BACKED

SECURITIES

(continued)

$

1,000,000

(b) Ziply

Fiber

Issuer

LLC,

Series

2024

1A

.810

04/20/54

$

1,036,183

TOTAL

ASSET-BACKED

SECURITIES

(Cost

$158,105,050)

157,714,352

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

14305711

CONTINGENT

CAPITAL

SECURITIES

-

.4

%

14305711

BANKS

-

1.0%

1,600,000

(a),(f)

Banco

Bilbao

Vizcaya

Argentaria

SA

.375

N/A

1,756,097

2,200,000

(a),(f)

Banco

Santander

SA

.625

N/A

2,529,538

1,340,000

(a),(f)

Barclays

PLC

.000

N/A

1,397,572

1,500,000

(a),(b),(f)

BNP

Paribas

SA

.250

N/A

1,593,546

3,000,000

(a),(c),(f)

NatWest

Group

PLC

.125

N/A

3,180,805

TOTAL

BANKS

10,457,558

FINANCIAL

SERVICES

-

0.4%

1,505,000

(a),(f)

Deutsche

Bank

AG

.000

N/A

1,496,274

2,060,000

(a),(b),(f)

UBS

Group

AG

.250

N/A

2,351,879

TOTAL

FINANCIAL

SERVICES

3,848,153

TOTAL

CONTINGENT

CAPITAL

SECURITIES

(Cost

$13,803,878)

14,305,711

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

182637820

CORPORATE

BONDS

-

.3

%

182637820

AUTOMOBILES

&

COMPONENTS

-

0.1%

1,500,000

(b) Dealer

Tire

LLC

/

DT

Issuer

LLC

.000

02/01/28

1,465,892

TOTAL

AUTOMOBILES

&

COMPONENTS

1,465,892

BANKS

-

2.8%

375,000

(b) African

Export-Import

Bank/The

.634

05/17/26

364,695

1,500,000

(b),(c)

Banco

Bradesco

SA/Cayman

Islands

.500

01/22/30

1,558,320

800,000

(a),(b),(f)

Banco

de

Credito

e

Inversiones

SA

.750

N/A

837,000

500,000

(a),(b),(f)

Banco

del

Estado

de

Chile

.950

N/A

517,057

1,050,000

(a),(b),(f)

Banco

Mercantil

del

Norte

SA/Grand

Cayman

.500

N/A

1,041,337

500,000

(a),(b),(f)

Banco

Mercantil

del

Norte

SA/Grand

Cayman

.375

N/A

496,135

1,775,000

(b) Banco

Santander

Mexico

SA

Institucion

de

Banca

Multiple

Grupo

Financiero

Santand

.621

12/10/29

1,785,650

700,000

(a),(b),(f)

Bangkok

Bank

PCL/Hong

Kong

.000

N/A

696,150

1,000,000

(b),(f)

Bank

Hapoalim

BM,

Reg

S

.255

01/21/32

956,800

1,725,000

Bank

of

America

Corp

.162

01/24/31

1,750,558

3,500,000

Bank

of

America

Corp

.744

02/12/36

3,480,068

4,800,000

(a) Bank

of

America

Corp

.625

N/A

4,876,070

1,035,000

(b) Banque

Ouest

Africaine

de

Developpement

.700

10/22/31

936,255

1,100,000

(b),(f)

BBVA

Bancomer

SA

Institucion

de

Banca

Multiple

Grupo

Financiero

BBVA

Mexico

.625

02/11/35

1,113,640

1,000,000

(b),(f)

BBVA

Mexico

SA

Institucion

De

Banca

Multiple

Grupo

Financiero

BBVA

Mexico/TX

.450

06/29/38

1,041,449

1,500,000

Citibank

NA

.576

05/29/27

1,502,136

1,675,000

(b) Development

Bank

of

Kazakhstan

JSC

.950

05/06/31

1,422,261

375,000

(b) Grupo

Aval

Ltd

.375

02/04/30

335,562

2,000,000

(b) Itau

Unibanco

Holding

SA/Cayman

Island

.000

02/27/30

2,029,000

1,700,000

(b),(f)

Mizrahi

Tefahot

Bank

Ltd,

Reg

S

.077

04/07/31

1,648,524

1,500,000

Wells

Fargo

&

Co

.605

04/23/36

1,517,522

TOTAL

BANKS

29,906,189

CAPITAL

GOODS

-

0.9%

730,000

(b) Albion

Financing

SARL

/

Aggreko

Holdings

Inc

.000

05/21/30

740,344

2,750,000

Boeing

Co/The

.805

05/01/50

2,575,183

1,500,000

(b) IHS

Holding

Ltd

.875

05/29/30

1,480,935

640,000

(b),(g)

New

Flyer

Holdings

Inc

.250

07/01/30

656,800

500,000

Regal

Rexnord

Corp

.050

04/15/28

513,338

1,100,000

Regal

Rexnord

Corp

.400

04/15/33

1,138,264

1,275,000

(b),(c)

Sisecam

UK

PLC

.625

05/02/32

1,276,581

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Strategic

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CAPITAL

GOODS

(continued)

$

1,200,000

(b) Sociedad

Quimica

y

Minera

de

Chile

SA

.500

11/07/33

$

1,233,242

TOTAL

CAPITAL

GOODS

9,614,687

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0.1%

350,000

(b),(g)

CACI

International

Inc

.375

06/15/33

356,804

1,025,000

Waste

Management

Inc

.950

03/15/35

1,011,531

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

1,368,335

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

0.2%

1,125,000

(b) Michaels

Cos

Inc/The

.250

05/01/28

766,904

1,500,000

(b) Queen

MergerCo

Inc

.750

04/30/32

1,538,025

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

2,304,929

CONSUMER

DURABLES

&

APPAREL

-

0.2%

1,000,000

(b) CD&R

Smokey

Buyer

Inc

.500

10/15/29

830,000

1,500,000

(b) S&S

Holdings

LLC

.375

10/01/31

1,431,508

TOTAL

CONSUMER

DURABLES

&

APPAREL

2,261,508

CONSUMER

SERVICES

-

0.5%

2,000,000

(b) Arcos

Dorados

BV

.375

01/29/32

2,039,600

2,500,000

Piedmont

Operating

Partnership

LP

.250

07/20/28

2,760,704

800,000

Sands

China

Ltd

.250

08/08/31

693,491

TOTAL

CONSUMER

SERVICES

5,493,795

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

0.2%

1,000,000

Kroger

Co/The

.000

09/15/34

973,971

1,000,000

Kroger

Co/The

.500

09/15/54

924,683

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

1,898,654

ENERGY

-

2.0%

1,300,000

Cheniere

Energy

Partners

LP

.500

10/01/29

1,272,721

1,300,000

(b) Cosan

Luxembourg

SA

.500

09/20/29

1,265,974

1,000,000

Ecopetrol

SA

.875

11/02/51

646,564

100,000

Ecopetrol

SA

.875

05/28/45

67,330

575,000

Ecopetrol

SA

.875

04/29/30

565,193

450,000

Ecopetrol

SA

.625

11/02/31

372,331

1,985,285

(b) EIG

Pearl

Holdings

Sarl

.545

08/31/36

1,743,569

900,000

(b) Empresa

Nacional

del

Petroleo

.450

09/16/31

784,341

826,000

(b) Energean

Israel

Finance

Ltd,

Reg

S

.375

03/30/28

783,869

1,700,000

(b) Galaxy

Pipeline

Assets

Bidco

Ltd

.625

03/31/36

1,419,149

500,000

(b) Medco

Laurel

Tree

Pte

Ltd

.950

11/12/28

492,560

500,000

(b) Medco

Maple

Tree

Pte

Ltd

.960

04/27/29

517,114

1,000,000

ONEOK

Inc

.050

11/01/34

952,799

200,000

(b) Petroleos

del

Peru

SA

.750

06/19/32

148,986

1,490,000

Petroleos

Mexicanos

.700

02/16/32

1,329,906

100,000

Petroleos

Mexicanos

.750

09/21/47

67,605

559,000

Petroleos

Mexicanos

.690

01/23/50

411,021

560,000

(b) Petronas

Capital

Ltd

.950

01/03/31

566,225

2,400,000

(b) Petronas

Capital

Ltd

.340

04/03/35

2,432,296

1,500,000

(b) Raizen

Fuels

Finance

SA

.700

01/17/35

1,389,111

1,750,000

Targa

Resources

Corp

.500

02/15/35

1,712,079

825,000

Targa

Resources

Corp

.125

05/15/55

777,055

1,000,000

(b) Thaioil

Treasury

Center

Co

Ltd

.500

06/18/30

858,815

TOTAL

ENERGY

20,576,613

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

0.5%

1,250,000

GLP

Capital

LP

/

GLP

Financing

II

Inc

.750

06/01/28

1,272,994

1,475,000

GLP

Capital

LP

/

GLP

Financing

II

Inc

.000

01/15/30

1,392,808

831,000

Healthcare

Realty

Holdings

LP

.750

07/01/27

812,473

1,875,000

Healthcare

Realty

Holdings

LP

.400

03/15/30

1,645,230

345,000

(b) MPT

Operating

Partnership

LP

/

MPT

Finance

Corp

.500

02/15/32

353,640

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

5,477,145

FINANCIAL

SERVICES

-

1.4%

500,000

(b),(d)

Citrus

Re

Ltd

(3-Month

U.S.

Treasury

Bill

+

5.060%)

.100

06/09/25

499,250

14,286

(b),(d)

Hestia

Re

Ltd

(1-Month

U.S.

Treasury

Bill

+

10.080%)

.404

04/22/29

5,714

5,125,000

JPMorgan

Chase

&

Co

.103

04/22/31

5,199,355

2,000,000

Morgan

Stanley

.679

07/17/26

1,999,731

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FINANCIAL

SERVICES

(continued)

5,025,000

Morgan

Stanley

.192

%

04/17/31

$

5,098,383

1,400,000

Morgan

Stanley

.664

04/17/36

1,422,867

TOTAL

FINANCIAL

SERVICES

14,225,300

FOOD,

BEVERAGE

&

TOBACCO

-

0.8%

1,200,000

(b) Cia

Cervecerias

Unidas

SA

.350

01/19/32

1,052,842

1,500,000

(b) Mars

Inc

.600

03/01/28

1,506,982

1,150,000

(b) Mars

Inc

.800

03/01/30

1,157,097

1,500,000

(b) Mars

Inc

.200

03/01/35

1,494,373

1,400,000

(b) Mars

Inc

.700

05/01/55

1,358,140

1,350,000

(b) Ulker

Biskuvi

Sanayi

AS

.875

07/08/31

1,368,314

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

7,937,748

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

0.5%

2,000,000

(b) CHS/Community

Health

Systems

Inc

.875

01/15/32

2,131,738

850,000

CVS

Health

Corp

.050

03/25/48

708,690

210,000

(b) Insulet

Corp

.500

04/01/33

215,934

1,510,000

(b) Prime

Healthcare

Services

Inc

.375

09/01/29

1,534,143

900,000

UnitedHealth

Group

Inc

.050

04/15/53

773,551

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

5,364,056

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0.1%

1,285,000

Haleon

US

Capital

LLC

.625

03/24/32

1,190,625

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

1,190,625

INSURANCE

-

1.0%

1,600,000

(b) Allianz

SE

.350

09/06/53

1,646,090

1,855,000

(b) Ardonagh

Group

Finance

Ltd

.875

02/15/32

1,917,029

650,000

Arthur

J

Gallagher

&

Co

.550

02/15/55

602,599

1,500,000

(b) Omnis

Funding

Trust

.722

05/15/55

1,509,254

1,125,000

Reinsurance

Group

of

America

Inc

.750

09/15/34

1,139,848

1,000,000

(b),(d)

Vitality

Re

XIV

Ltd

(3-Month

U.S.

Treasury

Bill

+

3.500%)

.812

01/05/27

1,024,800

1,000,000

(b),(d)

Vitality

Re

XV

Ltd

(3-Month

U.S.

Treasury

Bill

+

2.500%)

.000

01/07/28

1,017,200

1,500,000

(b),(d)

Vitality

Re

XVI

Ltd

(3-Month

U.S.

Treasury

Bill

+

1.750%)

.049

01/08/29

1,500,300

TOTAL

INSURANCE

10,357,120

MATERIALS

-

1.5%

1,700,000

(b) Alpek

SAB

de

CV

.250

09/18/29

1,592,134

2,250,000

Amcor

Finance

USA

Inc

.625

04/28/26

2,227,570

1,000,000

AngloGold

Ashanti

Holdings

PLC

.750

10/01/30

923,753

840,000

Berry

Global

Inc

.570

01/15/26

821,446

1,432,000

Celanese

US

Holdings

LLC

.415

07/15/27

1,468,230

1,025,000

(b) Corp

Nacional

del

Cobre

de

Chile

.440

01/26/36

1,049,192

1,750,000

(b) Corp

Nacional

del

Cobre

de

Chile

.330

01/13/35

1,783,775

1,120,000

(b) Freeport

Indonesia

PT

.315

04/14/32

1,105,349

525,000

(b) LD

Celulose

International

GmbH

.950

01/26/32

541,013

1,025,000

(b) OCP

SA

.750

06/23/31

904,563

1,500,000

Suzano

Austria

GmbH

.125

01/15/32

1,282,467

2,000,000

(b) Windfall

Mining

Group

Inc

/

Groupe

Minier

Windfall

Inc

.854

05/13/32

1,996,078

TOTAL

MATERIALS

15,695,570

MEDIA

&

ENTERTAINMENT

-

0.6%

1,500,000

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

.550

06/01/34

1,569,254

1,025,000

Comcast

Corp

.650

06/01/54

974,206

2,000,000

(b),(c)

CSC

Holdings

LLC

.250

05/15/28

1,979,364

1,500,000

(b) DISH

Network

Corp

.750

11/15/27

1,547,566

600,000

Warnermedia

Holdings

Inc

.279

03/15/32

509,142

TOTAL

MEDIA

&

ENTERTAINMENT

6,579,532

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0.2%

1,100,000

Amgen

Inc

.650

03/02/53

1,047,115

1,000,000

Pfizer

Investment

Enterprises

Pte

Ltd

.300

05/19/53

916,569

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

1,963,684

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

0.2%

2,000,000

(b),(c)

Anywhere

Real

Estate

Group

LLC

/

Anywhere

Co-Issuer

Corp

.000

04/15/30

1,827,035

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

1,827,035

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Strategic

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0.0%

250,000

Intel

Corp

.700

%

02/10/53

$

224,344

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

224,344

SOFTWARE

&

SERVICES

-

0.1%

1,225,000

Oracle

Corp

.000

08/03/55

1,187,674

TOTAL

SOFTWARE

&

SERVICES

1,187,674

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0.1%

1,525,000

Hewlett

Packard

Enterprise

Co

.000

10/15/34

1,484,883

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

1,484,883

TELECOMMUNICATION

SERVICES

-

1.1%

1,675,000

AT&T

Inc

.800

12/01/57

1,146,768

1,300,000

AT&T

Inc

.400

02/15/34

1,317,669

775,000

(b) CT

Trust

.125

02/03/32

713,387

2,000,000

(b) Level

Financing

Inc

.875

06/15/29

1,816,467

1,000,000

(b) Liberty

Costa

Rica

Senior

Secured

Finance

.875

01/15/31

1,067,600

1,375,000

(b) Sitios

Latinoamerica

SAB

de

CV

.375

04/04/32

1,316,447

300,000

(b) Sitios

Latinoamerica

SAB

de

CV

.000

11/25/29

304,635

1,460,000

(b) Windstream

Escrow

LLC

/

Windstream

Escrow

Finance

Corp

.250

10/01/31

1,519,489

2,000,000

(b) Zayo

Group

Holdings

Inc

.000

03/01/27

1,881,426

TOTAL

TELECOMMUNICATION

SERVICES

11,083,888

TRANSPORTATION

-

0.7%

500,000

(b) Adani

Ports

&

Special

Economic

Zone

Ltd

.100

02/02/31

420,721

1,169,022

American

Airlines

2021-1

Class

A

Pass

Through

Trust2021

2021

.875

07/11/34

1,017,210

3,500,000

(b) Brightline

East

LLC

.000

01/31/30

2,520,000

1,500,000

(b) Grupo

Aeromexico

SAB

de

CV

.250

11/15/29

1,415,250

975,000

(b) Kingston

Airport

Revenue

Finance

Ltd

.750

12/15/36

965,153

1,000,000

(b) Transnet

SOC

Ltd

.250

02/06/28

1,020,000

TOTAL

TRANSPORTATION

7,358,334

UTILITIES

-

1.5%

1,185,655

(b) Alfa

Desarrollo

SpA2021

.550

09/27/51

859,733

800,000

(c) Atmos

Energy

Corp

.000

12/15/54

706,113

775,000

(b) Comision

Federal

de

Electricidad

.700

01/24/30

762,213

1,465,875

(b) Continuum

Green

Energy

India

Pvt

/

Co-Issuers

.500

06/26/33

1,507,250

600,000

DTE

Energy

Co

.850

05/15/55

598,350

1,000,000

Duke

Energy

Progress

LLC

.350

03/15/53

919,838

1,200,000

Duke

Energy

Progress

LLC

.050

03/15/35

1,184,186

800,000

(b) Empresas

Publicas

de

Medellin

ESP

.375

02/15/31

697,131

950,000

(b) Eskom

Holdings

SOC

Ltd

.350

08/10/28

950,532

1,625,000

(b) Ferrellgas

LP

/

Ferrellgas

Finance

Corp

.875

04/01/29

1,471,271

725,000

Florida

Power

&

Light

Co

.700

03/15/55

713,555

1,150,000

Interstate

Power

and

Light

Co

.600

06/29/35

1,156,773

1,500,000

(b) ReNew

Wind

Energy

AP2

/

ReNew

Power

Pvt

Ltd

other

Subsidiaries

.500

07/14/28

1,406,000

550,000

Southern

California

Edison

Co

.875

12/01/53

491,787

691,680

(b) Sweihan

PV

Power

Co

PJSC2022

.625

01/31/49

566,791

551,554

(b) UEP

Penonome

II

SA2020

.500

10/01/38

487,513

1,250,000

(b),(c)

XPLR

Infrastructure

Operating

Partners

LP

.625

03/15/33

1,311,244

TOTAL

UTILITIES

15,790,280

TOTAL

CORPORATE

BONDS

(Cost

$187,343,928)

182,637,820

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

-

39.9%

–

2,000,000

(b),(d)

Alen

2021-ACEN

Mortgage

Trust,

Series

2021

ACEN,

(TSFR1M

+

4.114%)

.443

04/15/34

1,553,508

285,843

(b),(d)

Arroyo

Mortgage

Trust

2019-3,

Series

2019

.416

10/25/48

271,589

1,813,812

(b),(d)

BAMLL

Commercial

Mortgage

Securities

Trust

2022-DKLX,

Series

2022

DKLX,

(TSFR1M

+

3.000%)

.329

01/15/39

1,799,183

3,500,000

(b),(d)

BAMLL

Trust

2025-ASHF,

Series

2025

ASHF,

(TSFR1M

+

2.350%)

.679

02/15/42

3,494,029

1,200,000

(d) BANK,

Series

2017

BNK5

.190

06/15/60

1,148,260

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

(continued)

700,000

(d) BANK

2017-BNK8,

Series

2017

BNK8

.091

%

11/15/50

$

569,410

2,700,000

(d) BANK

2019-BNK18,

Series

2019

BN18

.214

05/15/62

2,245,444

2,000,000

(b) BANK

2019-BNK21,

Series

2019

BN21

.500

10/17/52

1,487,318

2,000,000

BANK

2024-BNK48,

Series

2024

BNK48

.053

10/15/57

1,982,484

2,000,000

(d) BANK5

2024-5YR5

.539

02/15/29

2,061,497

3,925,000

(b),(d)

BBCMS

Trust

2015-SRCH,

Series

2015

SRCH

.957

08/10/35

3,656,586

3,000,000

(b),(d)

BBCMS

Trust

2018-CBM,

Series

2018

CBM,

(TSFR1M

+

1.488%)

.817

07/15/37

2,875,113

3,400,000

(d) Benchmark

2018-B1

Mortgage

Trust,

Series

2018

B1

.203

01/15/51

2,847,951

3,400,000

(d) Benchmark

2018-B2

Mortgage

Trust,

Series

2018

B2

.308

02/15/51

2,695,893

3,000,000

(d) Benchmark

2019-B14

Mortgage

Trust,

Series

2019

B14

.763

12/15/62

2,283,030

1,000,000

(b) Benchmark

2019-B14

Mortgage

Trust,

Series

2019

B14

.500

12/15/62

366,150

1,500,000

Benchmark

2019-B14

Mortgage

Trust,

Series

2019

B14

.493

12/15/62

1,212,546

2,500,000

(d) Benchmark

2019-B15

Mortgage

Trust,

Series

2019

B15

.715

12/15/72

1,990,399

1,750,000

Benchmark

2019-B9

Mortgage

Trust,

Series

2019

B9

.267

03/15/52

1,656,048

1,500,000

(b) Benchmark

2020-B18

Mortgage

Trust,

Series

2020

B18

.139

07/15/53

1,473,380

1,000,000

(b),(d)

Benchmark

2020-IG2

Mortgage

Trust,

Series

2020

IG2

.791

09/15/48

858,559

1,000,000

(b),(d)

Benchmark

2020-IG3

Mortgage

Trust,

Series

2020

IG3

.536

09/15/48

948,096

2,000,000

Benchmark

Mortgage

Trust

Series

-

2019

B12

(Class

C)

.873

08/15/52

1,587,266

1,500,000

(d) BMO

2024-C9

Mortgage

Trust,

Series

2024

C9

.340

07/15/57

1,567,340

2,000,000

(b),(d)

BPR

2023-STON

Mortgage

Trust,

Series

2023

STON

.871

12/05/39

2,068,335

2,500,000

(b),(d)

BSST

2022-1700

Mortgage

Trust,

Series

2022

1700,

(TSFR1M

+

1.300%)

.629

02/15/37

2,253,109

1,753,476

(b),(d)

BX

Commercial

Mortgage

Trust

2021-SOAR,

Series

2021

SOAR,

(LIBOR

M

+

1.914%)

.910

06/15/38

1,752,173

2,500,000

(b),(d)

BX

Commercial

Mortgage

Trust

2024-BRBK,

Series

2024

BRBK,

(TSFR1M

+

4.874%)

.202

10/15/41

2,504,335

1,500,000

(b),(d)

BX

Trust

2023-DELC,

Series

2023

DELC,

(TSFR1M

+

3.339%)

.668

05/15/38

1,509,718

3,500,000

(d) Cantor

Commercial

Real

Estate

Lending

2019-CF1,

Series

2019

CF1

.352

05/15/52

2,899,420

705,000

(d) CD

2016-CD1

Mortgage

Trust,

Series

2016

CD1

.631

08/10/49

473,786

1,440,000

(d) CD

Mortgage

Trust,

Series

2017

CD3

.984

02/10/50

1,009,798

47,996

(b),(d)

CF

2020-P1

Mortgage

Trust,

Series

2020

P1

.840

04/15/52

47,845

750,000

(b),(d)

CF

2020-P1

Mortgage

Trust,

Series

2020

P1

.603

04/15/52

681,569

577,650

(b),(d)

Citigroup

Commercial

Mortgage

Trust

2014-GC23,

Series

2014

GC23

.588

07/10/47

549,525

1,690,000

(d) Citigroup

Commercial

Mortgage

Trust

2015-GC29,

Series

2015

GC29

.041

04/10/48

1,541,808

1,957,361

(d) Citigroup

Commercial

Mortgage

Trust

2015-GC29,

Series

2015

GC29

.758

04/10/48

1,888,780

1,900,000

Citigroup

Commercial

Mortgage

Trust

2016-GC37,

Series

2016

GC37

.233

04/10/49

1,854,338

3,000,000

(d) Citigroup

Commercial

Mortgage

Trust

2016-P3,

Series

2016

P3

.271

04/15/49

2,799,184

2,500,000

(d) Citigroup

Commercial

Mortgage

Trust

2017-C4,

Series

2017

C4

.137

10/12/50

2,363,968

2,260,000

(d) Citigroup

Commercial

Mortgage

Trust

2017-P8,

Series

2017

P8

.254

09/15/50

1,994,943

1,574,000

Citigroup

Commercial

Mortgage

Trust

2019-GC41,

Series

2019

GC41

.502

08/10/56

1,358,781

850,000

(b),(d)

Citigroup

Commercial

Mortgage

Trust

2021-PRM2,

Series

2021

PRM2,

(TSFR1M

+

2.014%)

.343

10/15/38

841,008

1,511,544

COMM

2014-CCRE17

Mortgage

Trust,

Series

2014

CR17

.377

05/10/47

1,460,057

833,209

(d) COMM

2014-CR14

Mortgage

Trust,

Series

2014

CR14

.706

02/10/47

802,951

2,000,000

(d) COMM

2014-UBS3

Mortgage

Trust,

Series

2014

UBS3

.587

06/10/47

1,431,159

2,000,000

(b),(d)

COMM

2014-UBS3

Mortgage

Trust,

Series

2014

UBS3

.767

06/10/47

860,020

1,840,000

(d) COMM

2015-CCRE22

Mortgage

Trust,

Series

2015

CR22

.886

03/10/48

1,656,466

2,000,000

(b) COMM

2015-CCRE22

Mortgage

Trust,

Series

2015

CR22

.000

03/10/48

1,364,686

1,580,250

(d) COMM

2015-CCRE23

Mortgage

Trust,

Series

2015

CR23

.218

05/10/48

1,516,424

1,500,000

(d) COMM

2015-CCRE24

Mortgage

Trust,

Series

2015

CR24

.463

08/10/48

1,253,146

500,000

(d) COMM

2015-CCRE24

Mortgage

Trust,

Series

2015

CR24

.336

08/10/48

468,134

1,000,000

(d) COMM

2015-CCRE24

Mortgage

Trust,

Series

2015

CR24

.336

08/10/48

990,088

550,000

(d) COMM

2015-CCRE25

Mortgage

Trust,

Series

2015

CR25

.768

08/10/48

516,693

3,000,000

(d) COMM

2015-CCRE26

Mortgage

Trust,

Series

2015

CR26

.512

10/10/48

2,804,127

2,043,000

(d) COMM

2015-LC23

Mortgage

Trust,

Series

2015

LC23

.543

10/10/48

1,961,979

3,500,000

(d) COMM

2018-COR3

Mortgage

Trust,

Series

2018

COR3

.516

05/10/51

2,904,520

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Strategic

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

(continued)

2,500,000

(d) COMM

2019-GC44

Mortgage

Trust,

Series

2019

GC44

.509

%

08/15/57

$

2,072,246

4,830,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2021-R03,

Series

2021

R03,

(SOFR30A

+

5.500%)

.822

12/25/41

5,043,498

5,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2022-R01,

Series

2022

R01,

(SOFR30A

+

6.000%)

.322

12/25/41

5,258,826

6,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2022-R02,

Series

2022

R02,

(SOFR30A

+

7.650%)

.972

01/25/42

6,464,125

4,500,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2022-R03,

Series

2022

R03,

(SOFR30A

+

9.850%)

.823

03/25/42

5,056,004

5,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2022-R04,

Series

2022

R04,

(SOFR30A

+

9.500%)

.837

03/25/42

5,591,125

5,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2022-R05,

Series

2022

R05,

(SOFR30A

+

7.000%)

.322

04/25/42

5,430,396

6,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2022-R06,

Series

2022

R06,

(SOFR30A

+

10.600%)

.334

05/25/42

6,887,240

4,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2022-R07,

Series

2022

R07,

(SOFR30A

+

12.000%)

.321

06/25/42

4,709,654

1,500,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2022-R07,

Series

2022

R07,

(SOFR30A

+

4.650%)

.971

06/25/42

1,597,995

600,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2022-R09,

Series

2022

R09,

(SOFR30A

+

6.750%)

.071

09/25/42

664,205

3,350,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2023-R02,

Series

2023

R02,

(SOFR30A

+

7.900%)

.222

01/25/43

3,735,104

5,045,600

(b),(d)

Connecticut

Avenue

Securities

Trust

2023-R02,

Series

2023

R02,

(SOFR30A

+

5.550%)

.872

01/25/43

5,505,438

6,217,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2023-R04,

Series

2023

R04,

(SOFR30A

+

5.350%)

.671

05/25/43

6,789,158

5,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2023-R04,

Series

2023

R04,

(SOFR30A

+

8.250%)

.571

05/25/43

5,635,418

5,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2023-R05,

Series

2023

R05,

(SOFR30A

+

4.750%)

.071

06/25/43

5,394,722

1,415,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2023-R05,

Series

2023

R05,

(SOFR30A

+

6.850%)

.171

06/25/43

1,544,462

6,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2023-R06,

Series

2023

R06,

(SOFR30A

+

5.900%)

.222

07/25/43

6,399,178

5,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2023-R06,

Series

2023

R06,

(SOFR30A

+

3.900%)

.188

07/25/43

5,274,690

6,000,000

(b),(d)

Connecticut

Avenue

Securities

Trust

2023-R08,

Series

2023

R08,

(SOFR30A

+

3.550%)

.872

10/25/43

6,327,779

4,005,512

(b),(d)

CSMC

2021-INV2

Trust,

Series

2021

INV2

.281

11/25/56

3,236,773

1,000,000

(b),(d)

CSMC

2021-NQM1,

Series

2021

NQM1

.130

05/25/65

774,849

3,500,000

(d) CSMC

Trust

2016-NXSR,

Series

2016

NXSR

.422

12/15/49

3,116,656

1,871,000

(d) CSMC

Trust

2016-NXSR,

Series

2016

NXSR

.251

12/15/49

1,746,511

1,300,000

(b),(d)

DBSG

2024-ALTA

Mortgage

Trust,

Series

2024

ALTA

.296

06/10/37

1,309,480

30,450,000

(b),(d)

DOLP

Trust

2021-NYC,

Series

2021

NYC,

(I/O)

.665

05/10/41

917,277

11,572,104

Fannie

Mae

Pool,

FN

MA5353

.500

05/01/54

11,459,733

12,894,429

Fannie

Mae

Pool,

FN

MA5165

.500

10/01/53

12,780,792

13,253,547

Fannie

Mae

Pool,

FN

MA5039

.500

06/01/53

13,141,836

12,686,056

Fannie

Mae

Pool,

FN

MA5107

.500

08/01/53

12,577,209

7,891,869

Fannie

Mae

Pool,

FN

MA4919

.500

02/01/53

7,833,430

10,085

(d) Fannie

Mae

Pool,

FN

946228,

(LIBOR

M

+

1.587%)

.337

09/01/37

10,276

6,693,170

Fannie

Mae

Pool,

FN

MA4918

.000

02/01/53

6,495,589

650

(d) Fannie

Mae

Pool,

FN

905597,

(LIBOR

M

+

1.875%)

.750

12/01/36

668

141,339

(d) Fannie

Mae

REMICS,

Series

2013

98,

(SOFR30A

+

5.836%),

(I/O)

.514

09/25/43

15,336

77,850

(b),(d)

Flagstar

Mortgage

Trust

2017-2,

Series

2017

.979

10/25/47

70,656

1,809,581

(b),(d)

Flagstar

Mortgage

Trust

2021-11INV,

Series

2021

11IN

.449

11/25/51

1,422,313

11,215,372

(d) Freddie

Mac

Multifamily

ML

Certificates,

Series

2021

ML12,

(I/O)

.226

07/25/41

993,345

1,000,000

(b),(d)

Freddie

Mac

STACR

REMIC

Trust

2020-DNA6,

Series

2020

DNA6,

(SOFR30A

+

3.000%)

.322

12/25/50

1,070,862

5,000,000

(b),(d)

Freddie

Mac

STACR

REMIC

Trust

2021-DNA6,

Series

2021

DNA6,

(SOFR30A

+

7.500%)

.822

10/25/41

5,331,128

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

(continued)

6,000,000

(b),(d)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA1,

Series

2022

DNA1,

(SOFR30A

+

7.100%)

.422

%

01/25/42

$

6,419,828

6,000,000

(b),(d)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA2,

Series

2022

DNA2,

(SOFR30A

+

8.500%)

.788

02/25/42

6,563,152

5,900,000

(b),(d)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA2,

Series

2022

DNA2,

(SOFR30A

+

4.750%)

.072

02/25/42

6,181,480

6,000,000

(b),(d)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA3,

Series

2022

DNA3,

(SOFR30A

+

9.750%)

.087

04/25/42

6,736,482

5,000,000

(b),(d)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA3,

Series

2022

DNA3,

(SOFR30A

+

5.650%)

.647

04/25/42

5,358,830

5,000,000

(b),(d)

Freddie

Mac

STACR

REMIC

Trust

2022-HQA1,

Series

2022

HQA1,

(SOFR30A

+

7.000%)

.997

03/25/42

5,443,383

3,600,000

(b),(d)

Freddie

Mac

STACR

REMIC

Trust

2022-HQA2,

Series

2022

HQA2,

(SOFR30A

+

4.000%)

.322

07/25/42

3,804,753

2,735,699

(d) Government

National

Mortgage

Association,

Series

2023

111,

(SOFR30A

+

23.205%)

.325

08/20/53

2,942,488

1,711,023

(d) Government

National

Mortgage

Association,

Series

2023

96,

(SOFR30A

+

26.100%)

.272

07/20/53

1,809,257

19,502,618

(d) Government

National

Mortgage

Association,

Series

2020

61,

(TSFR1M

+

6.326%),

(I/O)

.566

07/20/43

2,262,107

1,081,000

(b),(d)

GS

Mortgage

Securities

Corp

Trust

2018-TWR,

Series

2018

TWR,

(LIBOR

M

+

1.497%)

.449

07/15/31

341,380

1,500,000

(b),(d)

GS

Mortgage

Securities

Corp

Trust

2018-TWR,

Series

2018

TWR,

(TSFR1M

+

1.897%)

.226

07/15/31

212,310

2,000,000

(b),(d)

GS

Mortgage

Securities

Corp

Trust

2021-ARDN,

Series

2021

ARDN,

(TSFR1M

+

3.464%)

.793

11/15/36

1,952,835

2,600,000

(b),(d)

GS

Mortgage

Securities

Corp

Trust

2021-ARDN,

Series

2021

ARDN,

(TSFR1M

+

1.364%)

.693

11/15/36

2,593,229

1,000,000

(d) GS

Mortgage

Securities

Trust

2016-GS3,

Series

2016

GS3

.978

10/10/49

934,281

2,260,000

(d) GS

Mortgage

Securities

Trust

2016-GS4,

Series

2016

GS4

.948

11/10/49

2,000,236

3,500,000

(d) GS

Mortgage

Securities

Trust

2018-GS9,

Series

2018

GS9

.345

03/10/51

3,014,757

1,425,000

(d) GS

Mortgage

Securities

Trust

2019-GC38,

Series

2019

GC38

.158

02/10/52

1,362,277

1,000,000

GS

Mortgage

Securities

Trust

2020-GSA2,

Series

2020

GSA2

.012

12/12/53

856,988

4,641

(b),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

2019-PJ2,

Series

2019

PJ2

.000

11/25/49

4,348

96,472

(b),(d)

GS

Mortgage-Backed

Securities

Corp

Trust

2019-PJ2,

Series

2019

PJ2

.000

11/25/49

90,382

6,380,517

(b),(d)

GS

Mortgage-Backed

Securities

Trust

2022-PJ1,

Series

2022

PJ1

.829

05/28/52

5,130,836

3,000,000

(b),(d)

Houston

Galleria

Mall

Trust

2025-HGLR,

Series

2025

HGLR

.462

02/05/45

3,035,314

2,000,000

(b),(d)

HTL

Commercial

Mortgage

Trust

2024-T53,

Series

2024

T53

.088

05/10/39

2,021,167

1,500,000

(b),(d)

ILPT

Commercial

Mortgage

Trust

2022-LPF2,

Series

2022

LPF2,

(TSFR1M

+

2.744%)

.073

10/15/39

1,501,192

343,555

(d) Impac

Secured

Assets

CMN

Owner

Trust,

Series

2000

.000

10/25/30

318,622

2,000,000

(b),(d)

Imperial

Fund

Mortgage

Trust

2020-NQM1,

Series

2020

NQM1

.531

10/25/55

1,827,990

230,646

(b),(d)

Imperial

Fund

Mortgage

Trust

2020-NQM1,

Series

2020

NQM1

.051

10/25/55

217,346

323,718

(b),(d)

Imperial

Fund

Mortgage

Trust

2021-NQM1,

Series

2021

NQM1

.617

06/25/56

284,354

450,000

(b),(d)

Imperial

Fund

Mortgage

Trust

2021-NQM1,

Series

2021

NQM1

.383

06/25/56

331,957

2,000,000

(b),(d),(g)

IP

2025-IP

Mortgage

Trust,

Series

2025

IP

.712

06/10/42

2,000,000

2,500,000

(b),(d)

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

2022-ACB,

Series

2022

ACB,

(SOFR30A

+

3.350%)

.757

03/15/39

2,505,315

2,440,699

(b),(d)

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

2022-NLP,

Series

2022

NLP,

(TSFR1M

+

2.858%)

.918

04/15/37

2,234,828

4,663,799

(b),(d)

J.P.

Morgan

Mortgage

Trust

2022-LTV2,

Series

2022

LTV2

.666

09/25/52

3,903,042

140,126

(d) JP

Morgan

Alternative

Loan

Trust

2007-S1,

Series

2007

S1,

(TSFR1M

+

0.674%)

.999

04/25/47

134,738

2,000,000

(b) JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

2020-

NNN,

Series

2020

NNN

.065

01/16/37

1,572,481

1,333,970

(b),(d)

JP

Morgan

Mortgage

Trust

2020-INV1,

Series

2020

INV1

.186

08/25/50

1,149,379

1,500,000

(d) JPMBB

Commercial

Mortgage

Securities

Trust

2015-C31,

Series

2015

C31

.603

08/15/48

1,416,005

2,500,000

(d) JPMBB

Commercial

Mortgage

Securities

Trust

2015-C31,

Series

2015

C31

.603

08/15/48

2,025,008

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Strategic

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

(continued)

3,750,000

(b),(d)

JPMBB

Commercial

Mortgage

Securities

Trust

2015-C33,

Series

2015

C33

.136

%

12/15/48

$

3,409,895

1,400,000

(b),(d)

JPMBB

Commercial

Mortgage

Securities

Trust

2016-C1,

Series

2016

C1

.199

03/17/49

1,226,806

1,500,000

(d) JPMBB

Commercial

Mortgage

Securities

Trust

2016-C1,

Series

2016

C1

.699

03/17/49

1,423,291

2,000,000

(d) JPMCC

Commercial

Mortgage

Securities

Trust

2017-JP6,

Series

2017

JP6

.700

07/15/50

1,625,030

$

1,400,000

(b),(d)

JPMCC

Commercial

Mortgage

Securities

Trust

2017-JP7,

Series

2017

JP7

.424

09/15/50

860,093

2,000,000

(d) JPMCC

Commercial

Mortgage

Securities

Trust

2017-JP7,

Series

2017

JP7

.674

09/15/50

1,663,855

190,000

(b) Ladder

Capital

Commercial

Mortgage

2013-GCP

Mortgage

Trust,

Series

2013

GCP

.985

02/15/36

178,949

3,015,000

(b) Legends

Outlets

Kansas

City

KS

Mortgage

Secured

Pass-

Through

Trust,

Series

2024

LGND

.733

11/05/39

3,006,876

34,356,000

(b),(d)

MFT

Trust

2020-ABC,

Series

2020

ABC,

(I/O)

.119

02/10/42

213,095

1,150,000

Morgan

Stanley

Capital

I

Trust

2019-H7,

Series

2019

H7

.524

07/15/52

1,071,063

2,000,000

(b) MRCD

2019-MARK

Mortgage

Trust,

Series

2019

PARK

.718

12/15/36

1,424,600

1,500,000

(b),(d)

MSCG

Trust

2015-ALDR,

Series

2015

ALDR

.462

06/07/35

1,494,506

500,000

(b),(d)

MSCG

Trust

2015-ALDR,

Series

2015

ALDR

.462

06/07/35

497,468

1,000,000

(b),(d)

MTN

Commercial

Mortgage

Trust

2022-LPFL,

Series

2022

LPFL,

(TSFR1M

+

2.943%)

.773

03/15/39

998,748

1,500,000

(b),(d)

Natixis

Commercial

Mortgage

Securities

Trust

2019-MILE,

Series

2019

MILE,

(TSFR1M

+

4.329%)

.658

07/15/36

998,345

1,500,000

(b),(d)

Natixis

Commercial

Mortgage

Securities

Trust

2019-MILE,

Series

2019

MILE,

(TSFR1M

+

3.579%)

.908

07/15/36

1,082,114

66,400

(b),(d)

New

Residential

Mortgage

Loan

Trust

2015-2,

Series

2015

2A

.302

08/25/55

65,800

3,200,000

(b),(d)

NYCT

Trust

2024-3ELV,

Series

2024

3ELV,

(TSFR1M

+

2.840%)

.168

08/15/29

3,184,924

1,150,000

(b) One

Bryant

Park

Trust

2019-OBP,

Series

2019

OBP

.516

09/15/54

1,035,966

2,400,000

(b),(d)

OPEN

Trust

2023-AIR,

Series

2023

AIR,

(TSFR1M

+

5.236%)

.565

11/15/40

2,408,816

2,000,000

(b),(d)

PKHL

Commercial

Mortgage

Trust

2021-MF,

Series

2021

MF,

(TSFR1M

+

0.994%)

.323

07/15/38

1,893,259

1,000,000

(b),(d)

RLGH

Trust

2021-TROT,

Series

2021

TROT,

(LIBOR

M

+

1.828%)

.821

04/15/36

993,025

9,906

(b),(d)

Sequoia

Mortgage

Trust

2018-7,

Series

2018

.000

09/25/48

9,346

5,428

(b),(d)

Sequoia

Mortgage

Trust

2019-2,

Series

2019

.000

06/25/49

5,093

1,155,000

(b) SLG

Office

Trust

2021-OVA,

Series

2021

OVA

.851

07/15/41

965,215

40,180,000

(b),(d)

SLG

Office

Trust

2021-OVA,

Series

2021

OVA,

(I/O)

.258

07/15/41

498,855

1,831,354

(b),(d)

SMR

2022-IND

Mortgage

Trust,

Series

2022

IND,

(TSFR1M

+

3.950%)

.279

02/15/39

1,790,224

2,140,000

(b),(d)

SREIT

Trust

2021-PALM,

Series

2021

PALM,

(TSFR1M

+

1.524%)

.853

10/15/34

2,129,318

2,000,000

(b),(d)

TX

Trust

2024-HOU,

Series

2024

1,

(TSFR1M

+

3.239%)

.568

06/15/39

2,001,207

2,511,000

UBS

Commercial

Mortgage

Trust

2017-C1,

Series

2017

C1

.036

06/15/50

2,353,098

2,600,000

(d) UBS

Commercial

Mortgage

Trust

2018-C11,

Series

2018

C11

.044

06/15/51

2,384,178

2,000,000

(b),(d)

Verus

Securitization

Trust

2021-8,

Series

2021

.288

11/25/66

1,529,879

28,338

(d) Washington

Mutual

MSC

Mortgage

Pass-Through

Certificates

Series

2004-RA3

Trust,

Series

2004

RA3

.557

08/25/38

28,134

362,670

(d) Wells

Fargo

Commercial

Mortgage

Trust

2015-NXS1,

Series

2015

NXS1

.658

05/15/48

361,888

2,000,000

(d) Wells

Fargo

Commercial

Mortgage

Trust

2015-P2,

Series

2015

P2

.818

12/15/48

1,953,196

1,765,000

(d) Wells

Fargo

Commercial

Mortgage

Trust

2016-C36,

Series

2016

C36

.113

11/15/59

1,526,229

2,400,000

(b),(d)

Wells

Fargo

Commercial

Mortgage

Trust

2017-SMP,

Series

2017

SMP,

(TSFR1M

+

0.921%)

.258

12/15/34

2,236,685

3,000,000

(d) Wells

Fargo

Commercial

Mortgage

Trust

2024-C63,

Series

2024

C63

.820

08/15/57

3,054,853

2,500,000

(b),(d)

Wells

Fargo

Commercial

Mortgage

Trust

2025-DWHP,

Series

2025

DWHP,

(TSFR1M

+

3.340%)

.669

04/15/38

2,496,698

PRINCIPAL

DESCRIPTION

VALUE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

(continued)

$

925,281

(b),(d)

Wells

Fargo

Mortgage

Backed

Securities

2021-INV1

Trust,

Series

2021

INV1

.309

%

08/25/51

$

766,101

TOTAL

MORTGAGE-BACKED

SECURITIES

(Cost

$432,807,644)

422,041,012

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

87895648

SOVEREIGN

DEBT

-

.3

%

87895648

ANGOLA

-

0.2%

2,150,000

(b) Angolan

Government

International

Bond

.750

04/14/32

1,763,571

TOTAL

ANGOLA

1,763,571

ARGENTINA

-

0.2%

2,325,000

Argentine

Republic

Government

International

Bond

.125

07/09/35

1,561,237

TOTAL

ARGENTINA

1,561,237

AZERBAIJAN

-

0.1%

1,700,000

(b) Republic

of

Azerbaijan

International

Bond

.500

09/01/32

1,488,105

TOTAL

AZERBAIJAN

1,488,105

BAHRAIN

-

0.0%

500,000

(b) Bahrain

Government

International

Bond

.000

09/19/44

406,840

TOTAL

BAHRAIN

406,840

BENIN

-

0.1%

1,550,000

(b) Benin

Government

International

Bond

.960

02/13/38

1,421,025

TOTAL

BENIN

1,421,025

BRAZIL

-

0.2%

1,145,000

Brazilian

Government

International

Bond

.000

10/20/33

1,123,460

1,250,000

Brazilian

Government

International

Bond

.125

05/13/54

1,155,910

TOTAL

BRAZIL

2,279,370

CHILE

-

0.2%

2,150,000

Chile

Government

International

Bond

.100

05/07/41

1,561,975

TOTAL

CHILE

1,561,975

COLOMBIA

-

0.3%

3,200,000

Colombia

Government

International

Bond

.000

06/15/45

2,114,400

2,225,000

Colombia

Government

International

Bond

.200

05/15/49

1,458,487

TOTAL

COLOMBIA

3,572,887

COSTA

RICA

-

0.1%

905,000

(b) Costa

Rica

Government

International

Bond

.625

04/30/43

803,187

TOTAL

COSTA

RICA

803,187

COTE

D'IVOIRE

-

0.5%

2,250,000

(b) Ivory

Coast

Government

International

Bond

.125

06/15/33

1,991,520

662,953

(b) Ivory

Coast

Government

International

Bond

2032

144A

.750

12/31/32

619,518

2,125,000

(b) Ivory

Coast

Government

International

Bond

.250

01/30/37

2,003,004

TOTAL

COTE

D'IVOIRE

4,614,042

DOMINICAN

REPUBLIC

-

0.3%

1,525,000

(b),(c)

Dominican

Republic

International

Bond

.500

01/30/30

1,430,297

2,225,000

(b) Dominican

Republic

International

Bond

.950

03/15/37

2,231,675

TOTAL

DOMINICAN

REPUBLIC

3,661,972

ECUADOR

-

0.0%

380,000

(b) Ecuador

Government

International

Bond

.000

07/31/30

294,314

TOTAL

ECUADOR

294,314

EGYPT

-

0.3%

1,500,000

(b) Egypt

Government

International

Bond

.625

02/04/30

1,486,721

2,250,000

(b) Egypt

Government

International

Bond

.500

01/31/47

1,730,677

TOTAL

EGYPT

3,217,398

GHANA

-

0.1%

157,300

(b) Ghana

Government

International

Bond

.000

07/03/29

143,728

1,651,200

(b) Ghana

Government

International

Bond

.000

07/03/35

1,226,016

TOTAL

GHANA

1,369,744

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Strategic

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

GUATEMALA

-

0.1%

$

1,475,000

(b) Guatemala

Government

Bond

.600

%

06/13/36

$

1,476,844

TOTAL

GUATEMALA

1,476,844

HONDURAS

-

0.4%

1,675,000

(b) Honduras

Government

International

Bond

.625

06/24/30

1,546,025

1,575,000

(b) Honduras

Government

International

Bond

.625

11/27/34

1,598,625

TOTAL

HONDURAS

3,144,650

HUNGARY

-

0.4%

1,650,000

Hungary

Government

International

Bond

.625

03/29/41

1,829,207

1,600,000

(b) Hungary

Government

International

Bond

.500

03/26/36

1,514,400

1,300,000

(b) Magyar

Export-Import

Bank

Zrt

.125

12/04/27

1,321,736

TOTAL

HUNGARY

4,665,343

INDONESIA

-

0.2%

1,475,000

Indonesia

Government

International

Bond

.250

01/15/30

1,515,261

TOTAL

INDONESIA

1,515,261

IRAQ

-

0.1%

1,130,625

(b) Iraq

International

Bond

.800

01/15/28

1,110,873

TOTAL

IRAQ

1,110,873

ISRAEL

-

0.1%

1,675,000

Israel

Government

International

Bond

.750

03/12/54

1,485,256

TOTAL

ISRAEL

1,485,256

JORDAN

-

0.2%

600,000

(b) Jordan

Government

International

Bond

.375

10/10/47

516,452

600,000

(b) Jordan

Government

International

Bond

.850

07/07/30

563,198

TOTAL

JORDAN

1,079,650

KENYA

-

0.2%

1,445,000

(b) Republic

of

Kenya

Government

International

Bond

.300

01/23/34

1,149,699

500,000

(b) Republic

of

Kenya

Government

International

Bond

.750

02/16/31

498,500

TOTAL

KENYA

1,648,199

MEXICO

-

0.7%

1,966,000

Mexico

Government

International

Bond

.750

03/08/44

1,480,693

1,000,000

Mexico

Government

International

Bond

.750

04/27/32

930,980

3,325,000

Mexico

Government

International

Bond

.280

08/14/41

2,456,178

1,975,000

Mexico

Government

International

Bond

.400

05/07/54

1,738,435

1,300,000

Mexico

Government

International

Bond

.375

05/13/55

1,285,193

TOTAL

MEXICO

7,891,479

MONGOLIA

-

0.1%

795,000

(b) Mongolia

Government

International

Bond

.450

07/07/31

685,798

TOTAL

MONGOLIA

685,798

MOROCCO

-

0.1%

850,000

(b) Morocco

Government

International

Bond

.500

12/11/42

743,699

TOTAL

MOROCCO

743,699

NIGERIA

-

0.2%

2,150,000

(b) Nigeria

Government

International

Bond

.375

12/09/34

2,150,267

TOTAL

NIGERIA

2,150,267

OMAN

-

0.2%

2,050,000

(b) Oman

Government

International

Bond

.500

03/08/47

2,005,761

TOTAL

OMAN

2,005,761

PANAMA

-

0.2%

1,360,000

Panama

Bonos

del

Tesoro

.362

06/30/31

1,099,560

1,450,000

Panama

Government

International

Bond

.000

03/01/38

1,498,938

TOTAL

PANAMA

2,598,498

PARAGUAY

-

0.2%

1,625,000

(b) Paraguay

Government

International

Bond

.600

03/13/48

1,407,250

1,425,000

(b) Paraguay

Government

International

Bond

.000

02/09/36

1,422,934

TOTAL

PARAGUAY

2,830,184

PERU

-

0.3%

2,000,000

Peruvian

Government

International

Bond

.300

03/11/41

1,448,790

1,755,000

Peruvian

Government

International

Bond

.875

08/08/54

1,654,790

TOTAL

PERU

3,103,580

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

PHILIPPINES

-

0.1%

$

1,225,000

Philippine

Government

International

Bond

.200

%

03/29/47

$

980,577

TOTAL

PHILIPPINES

980,577

POLAND

-

0.2%

1,475,000

Republic

of

Poland

Government

International

Bond

.375

02/12/35

1,474,406

1,555,000

Republic

of

Poland

Government

International

Bond

.500

04/04/53

1,415,031

TOTAL

POLAND

2,889,437

QATAR

-

0.1%

850,000

(b) Qatar

Government

International

Bond

.817

03/14/49

755,426

TOTAL

QATAR

755,426

REPUBLIC

OF

SERBIA

-

0.2%

1,500,000

(b) Serbia

International

Bond

.500

09/26/33

1,548,551

TOTAL

REPUBLIC

OF

SERBIA

1,548,551

ROMANIA

-

0.2%

1,370,000

(b) Romanian

Government

International

Bond

.125

01/22/44

1,171,981

450,000

(b) Romanian

Government

International

Bond

.625

01/17/53

434,970

1,100,000

(b) Romanian

Government

International

Bond

.750

03/24/35

986,920

TOTAL

ROMANIA

2,593,871

RWANDA

-

0.1%

1,375,000

(b) Rwanda

International

Government

Bond

.500

08/09/31

1,155,000

TOTAL

RWANDA

1,155,000

SAUDI

ARABIA

-

0.3%

1,500,000

(b) Saudi

Government

International

Bond

.625

01/13/35

1,547,768

2,065,000

(b) Saudi

Government

International

Bond

.750

01/21/55

1,368,992

TOTAL

SAUDI

ARABIA

2,916,760

SENEGAL

-

0.1%

1,600,000

(b) Senegal

Government

International

Bond

.250

05/23/33

1,150,400

700,000

(b) Senegal

Government

International

Bond

.750

03/13/48

437,316

TOTAL

SENEGAL

1,587,716

SOUTH

AFRICA

-

0.2%

1,900,000

Republic

of

South

Africa

Government

International

Bond

.375

07/24/44

1,395,550

1,575,000

Republic

of

South

Africa

Government

International

Bond

.300

04/20/52

1,362,375

TOTAL

SOUTH

AFRICA

2,757,925

TURKEY

-

0.3%

1,025,000

Turkiye

Government

International

Bond

.625

05/15/34

1,025,000

1,950,000

Turkiye

Government

International

Bond

.125

02/12/32

1,913,416

TOTAL

TURKEY

2,938,416

UKRAINE

-

0.0%

73,658

(b) Ukraine

Government

International

Bond

.000

02/01/35

35,540

15,548

(b) Ukraine

Government

International

Bond

.000

02/01/36

7,486

55,000

(b) Ukraine

Government

International

Bond

.750

02/01/29

33,550

TOTAL

UKRAINE

76,576

UZBEKISTAN

-

0.2%

1,600,000

(b) Republic

of

Uzbekistan

International

Bond

.375

02/20/29

1,544,384

TOTAL

UZBEKISTAN

1,544,384

TOTAL

SOVEREIGN

DEBT

(Cost

$93,869,674)

87,895,648

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

27680742

U.S.

GOVERNMENT

AND

AGENCY

OBLIGATIONS

-

.6

%

27680742

15,000,000

United

States

Treasury

Note/Bond

.750

02/15/45

14,641,406

6,000,000

United

States

Treasury

Note/Bond

.000

05/15/45

6,060,938

7,000,000

United

States

Treasury

Note/Bond

.750

04/30/27

6,978,398

TOTAL

U.S.

GOVERNMENT

AND

AGENCY

OBLIGATIONS

(Cost

$28,212,594)

27,680,742

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Strategic

#### Income

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

61041907

VARIABLE

RATE

SENIOR

LOAN

INTERESTS

-

.8

%

61041907

CAPITAL

GOODS

-

0.7%

$

2,500,000

(d) Barnes

Group

Inc,

Term

Loan

B,

(TSFR1M

+

3.000%)

.329

%

01/27/32

$

2,494,925

258,621

(d),(h)

Kaman

Corporation,

Delayed

Draw

Term

Loan

.000

02/26/32

257,287

2,741,379

(d) Kaman

Corporation,

Term

Loan

B,

(TSFR3M

+

TSFR6M

+

2.750%)

.059

02/26/32

2,727,247

549,667

(d) QXO

Inc,

Term

Loan

B,

(TSFR3M

+

3.000%)

.280

04/30/32

552,102

1,477,621

(d) Windsor

Holdings

III,

LLC,

Term

Loan

B,

(TSFR1M

+

2.750%)

.075

08/01/30

1,475,546

TOTAL

CAPITAL

GOODS

7,507,107

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0.1%

1,000,000

(d) WIN

Waste

Innovations

Holdings,

Inc.,

Incremental

Term

Loan,

(TSFR1M

+

3.750%)

.191

03/27/28

1,005,625

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

1,005,625

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

0.5%

2,508,894

(d) Les

Schwab

Tire

Centers,

Term

Loan

B,

(TSFR1M

+

TSFR3M

+

2.500%)

.830

04/23/31

2,495,572

2,253,221

(d) Wand

NewCo

3,

Inc.,

Repriced

Term

Loan

B,

(TSFR1M

+

2.500%)

.827

01/30/31

2,235,556

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

4,731,128

CONSUMER

DURABLES

&

APPAREL

-

0.0%

430,271

(d) Weber-Stephen

Products

LLC,

Term

Loan

B,

(TSFR1M

+

3.250%)

.691

10/29/27

427,480

TOTAL

CONSUMER

DURABLES

&

APPAREL

427,480

CONSUMER

SERVICES

-

0.3%

994,694

(d) Alterra

Mountain

Company,

Term

Loan

B7,

(TSFR1M

+

3.000%)

.327

05/31/30

998,424

2,339,734

(d) GVC

Holdings

(Gibraltar)

Limited,

Term

Loan

B3,

(TSFR3M

+

2.750%)

.053

10/31/29

2,350,883

TOTAL

CONSUMER

SERVICES

3,349,307

FOOD,

BEVERAGE

&

TOBACCO

-

0.2%

71,922

(d) City

Brewing

Company,

LLC,

First

Out

New

Money

Term

Loan,

(TSFR3M

+

6.250%)

.506

04/05/28

29,488

188,204

(d) City

Brewing

Company,

LLC,

FLFO

Roll

Up

Term

Loan,

(TSFR3M

+

3.500%)

.018

04/05/28

77,164

15,589

(d) City

Brewing

Company,

LLC,

PIK

Super

Priority

Term

Loan,

(TSFR3M

+

9.000%)

.580

01/03/26

14,420

120,690

(d),(h)

Sauer

Brands

Inc,

Delayed

Draw

Term

Loan

.000

02/19/32

120,973

1,279,310

(d) Sauer

Brands

Inc,

Term

Loan

B,

(TSFR1M

+

3.250%)

.577

02/19/32

1,282,310

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

1,524,355

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

0.9%

1,945,000

(d) Bausch

&

Lomb

Corporation,

Term

Loan,

(TSFR1M

+

3.250%)

.679

05/10/27

1,941,460

3,969,072

(d) Insulet

Corporation,

First

Lien

Term

Loan

B,

(TSFR1M

+

2.500%)

.827

08/04/31

3,992,470

1,930,019

(d) Parexel

International

Corporation,

Term

Loan

B,

(TSFR1M

+

2.500%)

.827

11/15/28

1,932,981

992,506

(d) Phoenix

Guarantor

Inc,

Term

Loan

B,

(TSFR1M

+

2.500%)

.827

02/21/31

994,650

841,500

(d) Surgery

Center

Holdings,

Inc.,

Term

Loan

B,

(TSFR1M

+

2.750%)

.079

12/19/30

844,088

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

9,705,649

INSURANCE

-

1.0%

1,246,875

(d) AmWINS

Group,

Inc.,

Term

Loan

B,

(TSFR1M

+

2.250%)

.577

01/30/32

1,246,944

1,994,962

(d) AssuredPartners,

Inc.,

Incremental

Term

Loan

B5,

(TSFR1M

+

3.500%)

.827

02/14/31

2,000,468

3,642,500

(d) Broadstreet

Partners,

Inc.,

Term

Loan

B4,

(TSFR1M

+

3.000%)

.327

06/16/31

3,650,477

1,994,987

(d) Sedgwick

Claims

Management

Services,

Inc.,

Term

Loan

B,

(TSFR1M

+

3.000%)

.327

07/31/31

2,000,384

1,595,081

(d) Truist

Insurance

Holdings

LLC,

Term

Loan

B,

(TSFR3M

+

2.750%)

.049

05/06/31

1,594,411

TOTAL

INSURANCE

10,492,684

MATERIALS

-

0.4%

1,441,350

(d) Clydesdale

Acquisition

Holdings

Inc,

Term

Loan

B,

(TSFR1M

+

3.175%)

.502

04/13/29

1,437,415

479,747

(d) Plaze,

Inc.,

Term

Loan

B,

(TSFR1M

+

3.500%)

.941

08/03/26

465,057

1,728,169

(d) Proampac

PG

Borrower

LLC,

Term

Loan,

(TSFR3M

+

4.000%)

.290

09/15/28

1,729,465

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MATERIALS

(continued)

$

67,725

(d) W.R.

Grace

&

Co.-Conn.,

Term

Loan

B,

(TSFR3M

+

3.250%)

.549

%

09/22/28

$

67,691

TOTAL

MATERIALS

3,699,628

MEDIA

&

ENTERTAINMENT

-

0.3%

3,205,850

(d) Planet

US

Buyer

LLC,

Term

Loan

B,

(TSFR1M

+

TSFR3M

+

3.000%)

.327

02/10/31

3,219,875

TOTAL

MEDIA

&

ENTERTAINMENT

3,219,875

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0.2%

685,224

(d) Jazz

Financing

Lux

S.a.r.l.,

First

Lien

Term

Loan

B,

(TSFR1M

+

2.250%)

.577

05/05/28

685,813

1,512,645

(d) Organon

&

Co,

Term

Loan,

(TSFR1M

+

2.250%)

.573

05/19/31

1,476,720

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

2,162,533

SOFTWARE

&

SERVICES

-

1.0%

907,725

(d) Boost

Newco

Borrower,

LLC,

Term

Loan

B,

(TSFR3M

+

2.000%)

.299

01/31/31

910,421

2,500,000

(d) Boxer

Parent

Company

Inc.,

Term

Loan

B,

(TSFR3M

+

3.000%)

.333

07/30/31

2,485,537

2,390,911

(d) Cotiviti

Corporation,

Term

Loan,

(TSFR1M

+

2.750%)

.074

05/01/31

2,383,451

480,000

(d) IGT

Holding

IV

AB,

Term

Loan

B5,

(TSFR3M

+

3.500%)

.782

08/04/31

481,200

3,500,000

(d) Javelin

Buyer,

Inc.,

First

Lien

Term

Loan,

(TSFR3M

+

3.250%)

.583

12/08/31

3,511,497

1,090,425

(d) UKG

Inc.,

Term

Loan

B,

(TSFR1M

+

3.000%)

.329

02/10/31

1,093,746

TOTAL

SOFTWARE

&

SERVICES

10,865,852

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0.1%

1,100,000

(d) CommScope,

Inc.,

Term

Loan,

(TSFR1M

+

5.250%)

.577

12/17/29

1,112,986

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

1,112,986

TRANSPORTATION

-

0.0%

53,659

(d) SkyMiles

IP

Ltd.,

Skymiles

Term

Loan

B,

(TSFR3M

+

3.750%)

.022

10/20/27

54,082

TOTAL

TRANSPORTATION

54,082

UTILITIES

-

0.1%

1,179,746

(d) Talen

Energy

Supply,

LLC,

Term

Loan

B,

(TSFR3M

+

2.500%)

.808

05/17/30

1,183,616

TOTAL

UTILITIES

1,183,616

TOTAL

VARIABLE

RATE

SENIOR

LOAN

INTERESTS

(Cost

$61,167,944)

61,041,907

TOTAL

LONG-TERM

INVESTMENTS

(Cost

$1,058,041,445)

1,035,581,765

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

1.0%

10,090,376

(i) State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

.340

(j) 10,090,376

TOTAL

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

(Cost

$10,090,376)

10,090,376

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM

INVESTMENTS

-

1.5%

15655181

REPURCHASE

AGREEMENTS

-

.5

%

15655181

1,430,181

(k) Fixed

Income

Clearing

Corporation

.360

06/02/25

1,430,181

14,225,000

(l) Fixed

Income

Clearing

Corporation

.300

06/02/25

14,225,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$15,655,181)

15,655,181

TOTAL

SHORT-TERM

INVESTMENTS

(Cost

$15,655,181)

15,655,181

TOTAL

INVESTMENTS

-

.5

%

(Cost

$

1,083,787,002)

1,061,327,322

OTHER

ASSETS

&

LIABILITIES,

NET

- (0.5)%

(4,894,018)

NET

ASSETS

-

100%

$

1,056,433,304

I/O

Interest

only

security

LIBOR

London

Inter-Bank

Offered

Rate

M

Month

#### Portfolio

#### of

#### Investments

#### May

#### 31,

#### 2025
(continued)

#### Strategic

#### Income

Investments

in

Derivatives

Part

F

of

Form

N-PORT

was

prepared

in

accordance

with

U.S.

generally

accepted

accounting

principles

("U.S.

GAAP")

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission

("SEC")

related

to

interim

filings.

Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report

pursuant

to

the

rules

of

the

SEC.

For

a

full

set

of

the

Fund's

notes

to

financial

statements,

please

refer

to

the

Fund's

most

recently

filed

annual

or

semi-annual

report.

Fair

Value

Measurements

The

Fund's

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Directors/

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management's

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels.

Level

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management's

assumptions

in

determining

the

fair

value

of

Reg

S

Regulation

S

allows

U.S.

companies

to

sell

securities

to

persons

or

entities

located

outside

of

the

United

States

without

registering

those

securities

with

the

Securities

and

Exchange

Commission.

Specifically,

Regulation

S

provides

a

safe

harbor

from

the

registration

requirements

of

the

Securities

Act

for

the

offers

and

sales

of

securities

by

both

foreign

and

domestic

issuers

that

are

made

outside

the

United

States.

SOFR30A

Day

Average

Secured

Overnight

Financing

Rate

SOFR90A

Day

Average

Secured

Overnight

Financing

Rate

TSFR1M

CME

Term

Secured

Overnight

Financing

Rate

Month

TSFR3M

CME

Term

Secured

Overnight

Financing

Rate

Month

TSFR6M

CME

Term

Secured

Overnight

Financing

Rate

Month

(a) Perpetual

security.

Maturity

date

is

not

applicable.

(b) Security

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

As

of

the

end

of

the

reporting

period,

the

aggregate

value

of

these

securities

is

$576,995,474

or

54.4%

of

Total

Investments.

(c) Investment,

or

a

portion

of

investment,

is

out

on

loan

for

securities

lending.

The

total

value

of

the

securities

out

on

loan

as

of

the

end

of

the

reporting

period

was

$9,820,003.

(d) Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

(e) For

fair

value

measurement

disclosure

purposes,

investment

classified

as

Level

3. (f) Contingent

Capital

Securities

("CoCos")

are

debt

or

preferred

securities

with

loss

absorption

characteristics

built

into

the

terms

of

the

security

for

the

benefit

of

the

issuer,

for

example

an

automatic

write-down

of

principal

or

a

mandatory

conversion

into

the

issuer's

common

stock

under

certain

adverse

circumstances,

such

as

the

issuer's

capital

ratio

falling

below

a

specified

level.

As

of

the

end

of

the

reporting

period,

the

Fund's

total

investment

in

CoCos

was

2.1%

of

Total

Investments.

(g) When-issued

or

delayed

delivery

security.

(h) Investment,

or

portion

of

investment,

represents

an

outstanding

unfunded

senior

loan

commitment.

(i) Investments

made

with

cash

collateral

received

from

securities

on

loan.

(j) The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

(k) Agreement

with

Fixed

Income

Clearing

Corporation,

1.360%

dated

5/30/25

to

be

repurchased

at

$1,430,343

on

6/2/25,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

3.750%

and

maturity

date

12/31/28,

valued

at

$1,458,949.

(l) Agreement

with

Fixed

Income

Clearing

Corporation,

4.300%

dated

5/30/25

to

be

repurchased

at

$14,230,097

on

6/2/25,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.125%

and

maturity

date

3/31/32,

valued

at

$14,509,612.

Futures

Contracts

-

Long

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

U.S.

Treasury

10-Year

Note

9/25

$

8,273,860

$

8,306,250

$

32,390

U.S.

Treasury

2-Year

Note

9/25

25,901,601

25,929,688

28,087

U.S.

Treasury

5-Year

Note

9/25

16,182,710

16,228,125

45,415

U.S.

Treasury

Long

Bond

9/25

50,417,134

50,751,563

334,429

U.S.

Treasury

Ultra

Bond

9/25

25,949,126

26,114,062

164,936

Total

$126,724,431

$127,329,688

$605,257

investments).

The

following

table

summarizes

the

market

value

of

the

Fund's

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

Strategic

Income

Level

Level

Level

Total

Long-Term

Investments:

$1,000

Par

(or

similar)

Institutional

Preferred

$

–

$

82,264,573

$

–

$

82,264,573

Asset-Backed

Securities

–

154,107,127

3,607,225

157,714,352

Contingent

Capital

Securities

–

14,305,711

–

14,305,711

Corporate

Bonds

–

182,637,820

–

182,637,820

Mortgage-Backed

Securities

–

422,041,012

–

422,041,012

Sovereign

Debt

–

87,895,648

–

87,895,648

U.S.

Government

and

Agency

Obligations

–

27,680,742

–

27,680,742

Variable

Rate

Senior

Loan

Interests

–

61,041,907

–

61,041,907

Investments

Purchased

with

Collateral

from

Securities

Lending

10,090,376

–

–

10,090,376

Short-Term

Investments:

Repurchase

Agreements

–

15,655,181

–

15,655,181

Investments

in

Derivatives:

Futures

Contracts\*

605,257

–

–

605,257

Total

$

10,695,633

$

1,047,629,721

$

3,607,225

$

1,061,932,579

\*

Represents

net

unrealized

appreciation

(depreciation).

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Nuveen Investment Funds, Inc.

- **b. Investment Company Act file number:** 811-05309

- **c. CIK number of Registrant:** 0000820892

- **d. LEI of Registrant:** 549300L93TESPETT4366

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

  - **Street Address 1:** 333 W. Wacker Dr

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-917-7700

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

- **a. Name of Series:** Nuveen Credit Income Fund

- **b. EDGAR series identifier (if any):** S000005544

- **c. LEI of Series:** 1BP8U8JQ20MHBPP75F80

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $183311196.00

**Total Liabilities:** $14200738.00

**Net Assets:** $169110458.00

**Delayed Delivery Securities:** $3916126.00

**Cash Not Reported:** $134121.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -4.66000000 | **1-Year:** -83.70000000 | **5-Year:** -292.75000000 | **10-Year:** -5951.48000000 | **30-Year:** -4401.86000000

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

- **3-Month:** -551.10000000 | **1-Year:** -5029.07000000 | **5-Year:** -25615.47000000 | **10-Year:** -11175.08000000 | **30-Year:** -6004.86000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000015078 | -1.12%               | -0.53%               | 1.56%                |
| Class ID C000015080 | -1.17%               | -0.29%               | 1.49%                |
| Class ID C000015076 | -1.05%               | -0.46%               | 1.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-233813.63              | $-1788975.46                               |
| Month 2  | $-654000.79              | $-716478.17                                |
| Month 3  | $-104491.45              | $1711219.82                                |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. HY - 2% Issuer Capped

- **Index Identifier:** LFI:LHMN5273

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DEALER TIRE LLC/DT ISSR                                                          | Dealer Tire LLC / DT Issuer LLC                                                  | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $684083.01    | 0.40%             | 2028-02-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                                              | Ecuador Government International Bond                                            | CUSIP: ZO2104214<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    155762 | PA      | $96961.85     | 0.06%             | 2035-07-31      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| Enstar Group Ltd                                                                 | Enstar Group Ltd                                                                 | CUSIP: 29359UAD1<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |    485000 | PA      | $491062.02    | 0.29%             | 2045-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Turkcell Iletisim Hizmetleri AS                                                  | Turkcell Iletisim Hizmetleri AS                                                  | CUSIP: 900111AD7<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $202884.00    | 0.12%             | 2032-01-24      | Fixed         | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Flutter Treasury DAC                                                             | Flutter Treasury DAC                                                             | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    440000 | PA      | $442200.00    | 0.26%             | 2031-06-04      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| NFE Financing LLC                                                                | NFE Financing LLC                                                                | CUSIP: 62909BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $68644.60     | 0.04%             | 2029-11-15      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| WYNN LAS VEGAS LLC/CORP                                                          | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                 | CUSIP: 983130AX3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $228960.95    | 0.14%             | 2027-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Block Inc                                                                        | Block Inc                                                                        | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306596.10    | 0.18%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                                             | Michaels Cos Inc/The                                                             | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    300000 | PA      | $204507.87    | 0.12%             | 2028-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Ardonagh Finco Ltd                                                               | Ardonagh Finco Ltd                                                               | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    760000 | PA      | $785821.76    | 0.46%             | 2031-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Baytex Energy Corp                                                               | Baytex Energy Corp                                                               | CUSIP: 07317QAK1<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $226939.43    | 0.13%             | 2032-03-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Global Partners LP / GLP Finance Corp                                            | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $519766.00    | 0.31%             | 2032-01-15      | Fixed         | 8.25%                 | Yes           |                  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        |    250000 | PA      | $240238.63    | 0.14%             | 2031-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| REESE PARK CLO LTD                                                               | REESE PARK CLO LTD                                                               | CUSIP: 758464AN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $1012340.00   | 0.60%             | 2038-01-15      | Variable      | 10.26%                | Yes           |                  2 | On Loan: No      |
| Cushman & Wakefield US Borrower LLC                                              | Cushman & Wakefield U.S. Borrower, LLC, Term Loan B1                             | CUSIP: 23340DAV4<br>LEI: 549300870CMN3WI5IF97 | Long             | LON              | CORP              | US        |    261146 | PA      | $262451.68    | 0.16%             | 2030-01-31      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Hunt Oil Co of Peru LLC Sucursal Del Peru                                        | Hunt Oil Co of Peru LLC Sucursal Del Peru                                        | CUSIP: 445640AD7<br>LEI: 549300SVO0550J3IKN50 | Long             | DBT              | CORP              | PE        |    300000 | PA      | $310495.50    | 0.18%             | 2038-11-05      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| DISH DBS CORP                                                                    | DISH DBS Corp                                                                    | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $276925.82    | 0.16%             | 2026-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CACI International Inc                                                           | CACI International Inc                                                           | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    115000 | PA      | $117235.60    | 0.07%             | 2033-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Windsor Holdings III LLC                                                         | Windsor Holdings III, LLC, Term Loan B                                           | CUSIP: 97360BAH8<br>LEI: 254900IXUJZ9H146T437 | Long             | LON              | CORP              | US        |    448212 | PA      | $447582.14    | 0.26%             | 2030-08-01      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| FOREST CITY ENTERPRISES                                                          | Forest City Enterprises, L.P., Term Loan B                                       | CUSIP: 34555QAF7<br>LEI: 54930078MCT017XXRD21 | Long             | LON              | CORP              | US        |    725000 | PA      | $705696.88    | 0.42%             | 2025-12-08      | Variable      | 7.94%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc                                                           | Lumen Technologies Inc                                                           | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    800000 | PA      | $820480.00    | 0.49%             | 2032-10-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| ASURION LLC                                                                      | Asurion LLC, Term Loan B8                                                        | CUSIP: 04649VAX8<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    500000 | PA      | $500172.50    | 0.30%             | 2026-12-23      | Variable      | 7.69%                 | No            |                  2 | On Loan: No      |
| Benin Government International Bond                                              | Benin Government International Bond                                              | CUSIP: 08205QAA6<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |    200000 | PA      | $183358.08    | 0.11%             | 2038-02-13      | Fixed         | 7.96%                 | Yes           |                  2 | On Loan: No      |
| Transocean Inc                                                                   | Transocean Inc                                                                   | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    150000 | PA      | $135268.77    | 0.08%             | 2029-05-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Sri Lanka Government International Bond                                          | Sri Lanka Government International Bond                                          | CUSIP: YS0724148<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |    200000 | PA      | $155974.00    | 0.09%             | 2038-02-15      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| Oportun Issuance Trust 2024-2                                                    | Oportun Issuance Trust 2024-2                                                    | CUSIP: 68377KAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $520790.00    | 0.31%             | 2032-02-09      | Fixed         | 10.47%                | Yes           |                  2 | On Loan: No      |
| Minerva Luxembourg SA                                                            | Minerva Luxembourg SA                                                            | CUSIP: 603374AH2<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $322045.20    | 0.19%             | 2033-09-13      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    650000 | PA      | $533435.50    | 0.32%             | 2029-07-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Blue Racer Midstream LLC / Blue Racer Finance Corp                               | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $440635.33    | 0.26%             | 2032-07-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BR1<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233272.35    | 0.14%             | 2031-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Iliad Holding SASU                                                               | Iliad Holding SASU                                                               | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    275000 | PA      | $276767.84    | 0.16%             | 2032-04-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                                         | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    600000 | PA      | $512498.94    | 0.30%             | 2033-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CA MAGNUM HOLDINGS                                                               | CA Magnum Holdings                                                               | CUSIP: 12674CAA1<br>LEI: 549300ZRDHFR078MFZ78 | Long             | DBT              | CORP              | MU        |    300000 | PA      | $296252.82    | 0.18%             | 2026-10-31      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                             | CUSIP: 281020AS6<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    405000 | PA      | $384505.58    | 0.23%             | N/A             | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| STATE STREET BANK AND TRUST COMPANY                                              | Fixed Income Clearing Corp (FICC)                                                | CUSIP: 85748R009<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    693835 | PA      | $693835.23    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| McGraw-Hill Education Inc                                                        | McGraw-Hill Education Inc                                                        | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    580000 | PA      | $596771.28    | 0.35%             | 2031-09-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    670000 | PA      | $654923.12    | 0.39%             | 2062-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                                         | Cloud Software Group Inc                                                         | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    500000 | PA      | $525736.00    | 0.31%             | 2032-06-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| ONEX TSG INTERMEDIATE CO                                                         | Onex TSG Intermediate Corp., Term Loan B                                         | CUSIP: 68276QAJ5<br>LEI: 5493006IJC5WXT1WJK88 | Long             | LON              | CORP              | US        |      2412 | PA      | $2419.76      | 0.00%             | 2028-02-28      | Variable      | 9.34%                 | No            |                  2 | On Loan: No      |
| QXO Inc                                                                          | QXO Inc, Term Loan B                                                             | CUSIP: 07368RAJ0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    198333 | PA      | $199211.95    | 0.12%             | 2032-04-30      | Variable      | 7.28%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 20 Ltd                                                               | Elmwood CLO 20 Ltd                                                               | CUSIP: 29002BAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    665000 | PA      | $666946.46    | 0.39%             | 2037-01-17      | Variable      | 10.28%                | Yes           |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                                                           | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    375000 | PA      | $378213.00    | 0.22%             | 2029-04-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Banco Mercantil del Norte SA/Grand Cayman                                        | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05973KAB3<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $181987.50    | 0.11%             | N/A             | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                                         | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188523.08    | 0.11%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  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        |    400000 | PA      | $371396.24    | 0.22%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD                                                                | Kosmos Energy Ltd                                                                | CUSIP: 500688AF3<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |    300000 | PA      | $260843.08    | 0.15%             | 2027-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| VIASAT INC                                                                       | Viasat Inc                                                                       | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    300000 | PA      | $275350.65    | 0.16%             | 2028-07-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: —       |
| Carnival Corp                                                                    | Carnival Corp                                                                    | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    480000 | PA      | $480288.00    | 0.28%             | 2031-06-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $191893.00    | 0.11%             | 2028-09-30      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Rogers Communications Inc                                                        | Rogers Communications Inc                                                        | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    468000 | PA      | $468678.75    | 0.28%             | 2055-04-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Gen Digital Inc                                                                  | Gen Digital Inc                                                                  | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    360000 | PA      | $363997.08    | 0.22%             | 2033-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN                                                           | Republic of Uzbekistan International Bond                                        | CUSIP: 91822Q2C0<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    200000 | PA      | $170500.00    | 0.10%             | 2030-11-25      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | Newell Brands Inc                                                                | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2026-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| S&S Holdings LLC                                                                 | S&S Holdings LLC                                                                 | CUSIP: 78525CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $501027.77    | 0.30%             | 2031-10-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Kinetik Holdings LP                                                              | Kinetik Holdings LP                                                              | CUSIP: 49461MAB6<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    400000 | PA      | $407941.07    | 0.24%             | 2028-12-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Pampa Energia SA                                                                 | Pampa Energia SA                                                                 | CUSIP: 697660AF5<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |    200000 | PA      | $198338.00    | 0.12%             | 2034-12-16      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE                                                         | Compass Group Diversified Holdings LLC                                           | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173051.94    | 0.10%             | 2029-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    375000 | PA      | $406919.63    | 0.24%             | 2084-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                            | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $163358.34    | 0.10%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                                                              | Rocket Software Inc                                                              | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    190000 | PA      | $184471.42    | 0.11%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Carvana Co                                                                       | Carvana Co                                                                       | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    379125 | PA      | $399799.95    | 0.24%             | 2030-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Mitchell International Inc                                                       | Mitchell International, Inc., First Lien Term Loan                               | CUSIP: 60662WAW2<br>LEI: 5493002RDNIGEM7SSV41 | Long             | LON              | CORP              | US        |    249373 | PA      | $248932.04    | 0.15%             | 2031-06-17      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                                              | Freddie Mac STACR REMIC Trust 2021-DNA6                                          | CUSIP: 35564KLV9<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1066225.60   | 0.63%             | 2041-10-25      | Variable      | 11.82%                | Yes           |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                                 | Connecticut Avenue Securities Trust 2023-R06                                     | CUSIP: 20754EAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGSE             | US        |    565000 | PA      | $602589.28    | 0.36%             | 2043-07-25      | Variable      | 10.22%                | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                                                          | El Salvador Government International Bond                                        | CUSIP: 283875AM4<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    200000 | PA      | $192140.00    | 0.11%             | 2034-09-21      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Bancolombia SA                                                                   | Bancolombia SA                                                                   | CUSIP: 05968LAN2<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $209693.20    | 0.12%             | 2034-12-24      | Fixed         | 8.62%                 | No            |                  2 | On Loan: —       |
| COMMONWEALTH OF BAHAMAS                                                          | Bahamas Government International Bond                                            | CUSIP: 056732AJ9<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    200000 | PA      | $193800.00    | 0.11%             | 2028-11-21      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                                                          | Sasol Financing USA LLC                                                          | CUSIP: 80386WAF2<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196658.34    | 0.12%             | 2029-05-03      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Fortune Star BVI Ltd                                                             | Fortune Star BVI Ltd                                                             | CUSIP: YT1843770<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $200055.97    | 0.12%             | 2028-05-19      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Paraguay Government International Bond                                           | Paraguay Government International Bond                                           | CUSIP: 699149AN0<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    200000 | PA      | $199710.00    | 0.12%             | 2036-02-09      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - STACR                                                              | Freddie Mac STACR REMIC Trust 2022-DNA2                                          | CUSIP: 35564KSJ9<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-CBDO         | CORP              | US        |    450000 | PA      | $471468.78    | 0.28%             | 2042-02-25      | Variable      | 9.07%                 | Yes           |                  2 | On Loan: No      |
| Johnstone Supply LLC                                                             | Johnstone Supply LLC, Term Loan B                                                | CUSIP: BL4871721<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    146750 | PA      | $146669.29    | 0.09%             | 2031-06-09      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corp                                  | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    620000 | PA      | $635527.28    | 0.38%             | 2032-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| LD Celulose International GmbH                                                   | LD Celulose International GmbH                                                   | CUSIP: 50206BAA0<br>LEI: 529900EHUSQJVOTP9J45 | Long             | DBT              | CORP              | AT        |    400000 | PA      | $412200.00    | 0.24%             | 2032-01-26      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: —       |
| Herc Holdings Escrow Inc                                                         | Herc Holdings Escrow Inc                                                         | CUSIP: 42703NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $262707.53    | 0.16%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                           | Venture Global LNG Inc                                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507571.00    | 0.30%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF RWANDA                                                               | Rwanda International Government Bond                                             | CUSIP: 78347YAL7<br>LEI: 213800DQC28OBRZDYJ87 | Long             | DBT              | NUSS              | RW        |    200000 | PA      | $168000.00    | 0.10%             | 2031-08-09      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                             | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    230000 | PA      | $222845.16    | 0.13%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    300000 | PA      | $278930.79    | 0.16%             | 2029-11-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    600000 | PA      | $602578.80    | 0.36%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Alta Equipment Group Inc                                                         | Alta Equipment Group Inc                                                         | CUSIP: 02128LAC0<br>LEI: 549300DGOB28CLGS1X27 | Long             | DBT              | CORP              | US        |    425000 | PA      | $371292.11    | 0.22%             | 2029-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: —       |
| Cloud Software Group Inc                                                         | Cloud Software Group, Inc., Term Loan                                            | CUSIP: 88632NBE9<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |    400000 | PA      | $399500.00    | 0.24%             | 2031-03-24      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| Phoenix Newco Inc                                                                | Parexel International Corporation, Term Loan B                                   | CUSIP: 71911KAE4<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |    278563 | PA      | $278991.04    | 0.16%             | 2028-11-15      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| HANESBRANDS INC                                                                  | Hanesbrands Inc                                                                  | CUSIP: 410345AQ5<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    500000 | PA      | $528264.50    | 0.31%             | 2031-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: —       |
| EchoStar Corp                                                                    | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    350000 | PA      | $351715.00    | 0.21%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Harvest Midstream I LP                                                           | Harvest Midstream I LP                                                           | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    285000 | PA      | $292816.41    | 0.17%             | 2032-05-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| MEDCO LAUREL TREE                                                                | Medco Laurel Tree Pte Ltd                                                        | CUSIP: 58406RAA6<br>LEI: 254900SX7FFGRREZD046 | Long             | DBT              | CORP              | SG        |    300000 | PA      | $295536.20    | 0.17%             | 2028-11-12      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| EchoStar Corp                                                                    | EchoStar Corp                                                                    | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    300000 | PA      | $258000.00    | 0.15%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                        | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    290000 | PA      | $304208.55    | 0.18%             | 2033-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: —       |
| BAUSCH HEALTH AMERICAS                                                           | Bausch Health Americas Inc                                                       | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188500.00    | 0.11%             | 2027-01-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| IHS Holding Ltd                                                                  | IHS Holding Ltd                                                                  | CUSIP: 44963HAD7<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $198676.00    | 0.12%             | 2031-11-29      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Goat Holdco LLC                                                                  | Goat Holdco LLC                                                                  | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    440000 | PA      | $438303.80    | 0.26%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| HONDURAS GOVERNMENT                                                              | Honduras Government International Bond                                           | CUSIP: 438180AJ0<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |    200000 | PA      | $184600.00    | 0.11%             | 2030-06-24      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CROCS INC                                                                        | Crocs Inc                                                                        | CUSIP: 227046AB5<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |    500000 | PA      | $443804.90    | 0.26%             | 2031-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: —       |
| Affirm Asset Securitization Trust 2024-B                                         | Affirm Asset Securitization Trust 2024-B                                         | CUSIP: 00835AAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $993379.80    | 0.59%             | 2029-09-15      | Fixed         | 7.35%                 | Yes           |                  2 | On Loan: No      |
| 1261229 BC Ltd                                                                   | 1261229 BC Ltd                                                                   | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    250000 | PA      | $247504.23    | 0.15%             | 2032-04-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Gran Tierra Energy Inc                                                           | Gran Tierra Energy Inc                                                           | CUSIP: 38500TAC5<br>LEI: 549300IH2S17MAIUCM32 | Long             | DBT              | CORP              | US        |    200000 | PA      | $140025.26    | 0.08%             | 2029-10-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Limak Cimento Sanayi ve Ticaret AS                                               | Limak Cimento Sanayi ve Ticaret AS                                               | CUSIP: 53263AAA6<br>LEI: 789000EEUQIGHI88WH47 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $197800.00    | 0.12%             | 2029-07-25      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| CNX Resources Corp                                                               | CNX Resources Corp                                                               | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    650000 | PA      | $662400.70    | 0.39%             | 2032-03-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| CLEARWATER ANALYTICS LLC                                                         | Clearwater Analytics, LLC, Term Loan B                                           | CUSIP: 18512EAF9<br>LEI: 894500N8DN2JO5ZDRQ11 | Long             | LON              | CORP              | US        |    400000 | PA      | $401000.00    | 0.24%             | 2032-04-21      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| BMC Software Inc                                                                 | Boxer Parent Company Inc., Term Loan B                                           | CUSIP: BL4985299<br>LEI: 549300TEWK6ENMZQLF18 | Long             | LON              | CORP              | US        |    500000 | PA      | $497107.50    | 0.29%             | 2031-07-30      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    575000 | PA      | $553570.86    | 0.33%             | N/A             | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                                           | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $340723.99    | 0.20%             | 2026-06-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Brightline East LLC                                                              | Brightline East LLC                                                              | CUSIP: 093536AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1770000 | PA      | $1274400.00   | 0.75%             | 2030-01-31      | Fixed         | 11.00%                | Yes           |                  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        |    600000 | PA      | $590585.17    | 0.35%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TransDigm Inc                                                                    | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    450000 | PA      | $464093.10    | 0.27%             | 2030-12-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Yapi ve Kredi Bankasi AS                                                         | Yapi ve Kredi Bankasi AS                                                         | CUSIP: 984848AU5<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $198692.00    | 0.12%             | 2030-03-03      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                                                   | JPMBB Commercial Mortgage Securities Trust 2014-C22                              | CUSIP: 46642NBK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $739600.00    | 0.44%             | 2047-09-15      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| IRB Infrastructure Developers Ltd                                                | IRB Infrastructure Developers Ltd                                                | CUSIP: 449881AA9<br>LEI: 335800XGO3AITGW6AK27 | Long             | DBT              | CORP              | IN        |    300000 | PA      | $297076.46    | 0.18%             | 2032-03-11      | Fixed         | 7.11%                 | Yes           |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                                                         | Charles River Laboratories International Inc                                     | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    375000 | PA      | $347362.99    | 0.21%             | 2029-03-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Phinia Inc                                                                       | Phinia Inc                                                                       | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |    510000 | PA      | $506943.83    | 0.30%             | 2032-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                                             | Garda World Security Corp                                                        | CUSIP: 36485MAM1<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   1100000 | PA      | $1136983.98   | 0.67%             | 2028-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| ClubCorp Holdings Inc                                                            | ClubCorp Holdings, Inc., Term Loan B2                                            | CUSIP: 18948TAF0<br>LEI: 549300XWSO7KBICXNW37 | Long             | LON              | CORP              | US        |    380591 | PA      | $381780.21    | 0.23%             | 2026-09-18      | Variable      | 9.56%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP / Clarios US Finance Co                                        | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    625000 | PA      | $636568.75    | 0.38%             | 2030-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Win Waste Innovations Holdings Inc                                               | WIN Waste Innovations Holdings, Inc., Incremental Term Loan                      | CUSIP: 38723BAL5<br>LEI: 549300DJBUN7Z75R2S83 | Long             | LON              | CORP              | US        |    430000 | PA      | $432418.75    | 0.26%             | 2028-03-27      | Variable      | 8.19%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                                                          | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $401653.20    | 0.24%             | 2029-01-15      | Fixed         | 6.88%                 | 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        |    525000 | PA      | $486003.68    | 0.29%             | 2032-02-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Dcli Bidco LLC                                                                   | Dcli Bidco LLC                                                                   | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |    300000 | PA      | $302302.20    | 0.18%             | 2029-11-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                                                           | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499437.45    | 0.30%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Egypt Government International Bond                                              | Egypt Government International Bond                                              | CUSIP: 03846JAH3<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    200000 | PA      | $198229.45    | 0.12%             | 2030-02-04      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Starwood Property Trust Inc                                                      | Starwood Property Trust Inc                                                      | CUSIP: 85571BBE4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    430000 | PA      | $435160.00    | 0.26%             | 2030-10-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WEX Inc                                                                          | WEX Inc                                                                          | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |    215000 | PA      | $212647.24    | 0.13%             | 2033-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                            | Level 3 Financing Inc                                                            | CUSIP: 527298CK7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    450000 | PA      | $452296.21    | 0.27%             | 2032-10-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| NEMAK SAB DE CV                                                                  | Nemak SAB de CV                                                                  | CUSIP: 64045DAC8<br>LEI: 5493000MY3DAIB0BP706 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $162223.86    | 0.10%             | 2031-06-28      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | Transocean Inc                                                                   | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $293287.02    | 0.17%             | 2027-02-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                              | CUSIP: 87165B400<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |     12550 | NS      | $313248.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SCRIPPS ESCROW II INC                                                            | Scripps Escrow II Inc                                                            | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $427500.00    | 0.25%             | 2029-01-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: —       |
| Windstream Escrow LLC / Windstream Escrow Finance Corp                           | Windstream Escrow LLC / Windstream Escrow Finance Corp                           | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    285000 | PA      | $296612.61    | 0.18%             | 2031-10-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Epicor Software Corp                                                             | Epicor Software Corporation, Term Loan E                                         | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |    180000 | PA      | $180637.20    | 0.11%             | 2031-05-30      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                                           | Venture Global LNG Inc                                                           | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    800000 | PA      | $754536.45    | 0.45%             | N/A             | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Cotiviti Inc                                                                     | Cotiviti Corporation, Term Loan                                                  | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    173254 | PA      | $172713.83    | 0.10%             | 2031-05-01      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Amentum Escrow Corp                                                              | Amentum Escrow Corp                                                              | CUSIP: 02352BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $612050.40    | 0.36%             | 2032-08-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                             | Neptune Bidco US Inc                                                             | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    500000 | PA      | $473752.50    | 0.28%             | 2029-04-15      | Fixed         | 9.29%                 | Yes           |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                                                               | Braskem Idesa SAPI                                                               | CUSIP: 10554NAB4<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $147054.27    | 0.09%             | 2032-02-20      | Fixed         | 6.99%                 | Yes           |                  2 | On Loan: No      |
| Champ Acquisition Corp                                                           | Champ Acquisition Corp                                                           | CUSIP: 15807XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $288745.05    | 0.17%             | 2031-12-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Saavi Energia Sarl                                                               | Saavi Energia Sarl                                                               | CUSIP: 78518PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    200000 | PA      | $204600.00    | 0.12%             | 2035-02-10      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| CITY BREWING CO LLC                                                              | City Brewing Company, LLC, FLFO Roll Up Term Loan                                | CUSIP: 10756PAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    235255 | PA      | $96454.68     | 0.06%             | 2028-04-05      | Variable      | 8.02%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S                                                                        | Sotheby's                                                                        | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492353.70    | 0.29%             | 2027-10-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| OHA Loan Funding 2013-1 Ltd                                                      | OHA Loan Funding 2013-1 Ltd                                                      | CUSIP: 67706HCC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $1006579.00   | 0.60%             | 2037-04-23      | Variable      | 7.58%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                                         | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    325000 | PA      | $303832.75    | 0.18%             | 2030-06-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                            | Molina Healthcare Inc                                                            | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    500000 | PA      | $457147.25    | 0.27%             | 2030-11-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| YPF SA                                                                           | YPF SA                                                                           | CUSIP: 984245BB5<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    200000 | PA      | $197105.35    | 0.12%             | 2034-01-17      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | Dominican Republic International Bond                                            | CUSIP: 25714PDW5<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    200000 | PA      | $184480.00    | 0.11%             | 2048-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Greenko Wind Projects Mauritius Ltd                                              | Greenko Wind Projects Mauritius Ltd                                              | CUSIP: 39531JAB0<br>LEI: 254900MSUXE1FF83DP82 | Long             | DBT              | CORP              | MU        |    200000 | PA      | $198559.21    | 0.12%             | 2028-09-27      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                              | Sirius XM Radio LLC                                                              | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    350000 | PA      | $341901.79    | 0.20%             | 2026-09-01      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| Viking Baked Goods Acquisition Corp                                              | Viking Baked Goods Acquisition Corp                                              | CUSIP: 92676AAA5<br>LEI: 254900DBFD2H1FJK0893 | Long             | DBT              | CORP              | US        |    725000 | PA      | $683530.07    | 0.40%             | 2031-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Sealed Air Corp                                                                  | Sealed Air Corp                                                                  | CUSIP: 812127AC2<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    400000 | PA      | $409664.40    | 0.24%             | 2032-07-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: —       |
| ASSURANT INC                                                                     | Assurant Inc                                                                     | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    300000 | PA      | $304320.98    | 0.18%             | 2048-03-27      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BLP Commercial Mortgage Trust 2024-IND2                                          | BLP Commercial Mortgage Trust 2024-IND2                                          | CUSIP: 05625AAN1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    948827 | PA      | $949262.03    | 0.56%             | 2041-03-15      | Variable      | 8.01%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA BRISTOL LLC                                                         | Virgin Media Bristol LLC, Term Loan Q                                            | CUSIP: N/A<br>LEI: 213800IQ982XX69LE276       | Long             | LON              | CORP              | US        |    125000 | PA      | $123453.13    | 0.07%             | 2029-01-31      | Variable      | 7.69%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    600000 | PA      | $402900.00    | 0.24%             | 2035-07-09      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Ukraine Government International Bond                                            | Ukraine Government International Bond                                            | CUSIP: 903724CC4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    500000 | PA      | $236812.50    | 0.14%             | 2036-02-01      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                                                | Alliant Holdings Intermediate, LLC, Term Loan B6                                 | CUSIP: 01881UAM7<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |    500000 | PA      | $498425.00    | 0.29%             | 2031-09-19      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Kohl's Corp                                                                      | Kohl's Corp                                                                      | CUSIP: 500255AY0<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    400000 | PA      | $410704.59    | 0.24%             | 2030-06-01      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: —       |
| Jane Street Group / JSG Finance Inc                                              | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    990000 | PA      | $991638.45    | 0.59%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                               | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PNF7<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $496288.40    | 0.29%             | 2085-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $302401.50    | 0.18%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                                         | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $304201.20    | 0.18%             | 2028-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Mosaic Solar Loan Trust 2019-2                                                   | Mosaic Solar Loan Trust 2019-2                                                   | CUSIP: 61945LAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1525000 | PA      | $547627.50    | 0.32%             | 2040-09-20      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Azule Energy Finance Plc                                                         | Azule Energy Finance Plc                                                         | CUSIP: 05501YAA6<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $292152.00    | 0.17%             | 2030-01-23      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Prime Healthcare Services Inc                                                    | Prime Healthcare Services Inc                                                    | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $558793.95    | 0.33%             | 2029-09-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| GRAY TELEVISION INC                                                              | Gray Media Inc                                                                   | CUSIP: 389284AA8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198616.96    | 0.12%             | 2027-05-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: —       |
| ALBERTSONS COS/SAFEWAY                                                           | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $452578.27    | 0.27%             | 2026-03-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | New Fortress Energy Inc                                                          | CUSIP: 644393AB6<br>LEI: 254900EICTYTCHA5X705 | Long             | DBT              | CORP              | US        |     50000 | PA      | $29936.00     | 0.02%             | 2026-09-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: —       |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $302185.95    | 0.18%             | 2029-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| VR Funding LLC                                                                   | VR Funding LLC                                                                   | CUSIP: 91835CAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    303898 | PA      | $298316.16    | 0.18%             | 2050-11-15      | Fixed         | 6.42%                 | Yes           |                  2 | On Loan: No      |
| FMC Corp                                                                         | FMC Corp                                                                         | CUSIP: 302491AZ8<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008325.00   | 0.60%             | 2055-11-01      | Fixed         | 8.45%                 | 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        |    330000 | PA      | $326595.56    | 0.19%             | 2027-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Hotwire Funding LLC                                                              | Hotwire Funding LLC                                                              | CUSIP: 44148JAM1<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $783759.15    | 0.46%             | 2054-06-20      | Fixed         | 9.19%                 | Yes           |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                                                          | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1081820.07   | 0.64%             | 2027-03-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Sorik Marapi Geothermal Power PT                                                 | Sorik Marapi Geothermal Power PT                                                 | CUSIP: 74390TAA7<br>LEI: 254900OW9VKG09S8C597 | Long             | DBT              | CORP              | ID        |    197460 | PA      | $194686.21    | 0.12%             | 2031-08-05      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Affirm Master Trust                                                              | Affirm Master Trust                                                              | CUSIP: 00833BAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $989699.00    | 0.59%             | 2033-02-15      | Fixed         | 7.18%                 | Yes           |                  2 | On Loan: No      |
| Hertz Vehicle Financing III LLC                                                  | Hertz Vehicle Financing III LLC                                                  | CUSIP: 42806MCS6<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $503703.15    | 0.30%             | 2029-01-25      | Fixed         | 9.22%                 | Yes           |                  2 | On Loan: No      |
| LifePoint Health Inc                                                             | LifePoint Health Inc                                                             | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $219868.20    | 0.13%             | 2030-10-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| NRG Energy Inc                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    190000 | PA      | $190064.38    | 0.11%             | 2034-11-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2022-R06                                     | Connecticut Avenue Securities Trust 2022-R06                                     | CUSIP: 20754NAR6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1721810.10   | 1.02%             | 2042-05-25      | Variable      | 15.33%                | Yes           |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | Altice France SA                                                                 | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $367107.76    | 0.22%             | 2027-02-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - STACR                                                              | Freddie Mac STACR REMIC Trust 2022-DNA1                                          | CUSIP: 35564KQZ5<br>LEI: 5493000ISBDRXIMCHZ70 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1069971.30   | 0.63%             | 2042-01-25      | Variable      | 11.42%                | Yes           |                  2 | On Loan: No      |
| Continuum Green Energy India Pvt / Co-Issuers                                    | Continuum Green Energy India Pvt / Co-Issuers                                    | CUSIP: 89629LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    195450 | PA      | $200966.66    | 0.12%             | 2033-06-26      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Buckeye Partners LP                                                              | Buckeye Partners LP                                                              | CUSIP: 118230AV3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1182412.75   | 0.70%             | 2029-07-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                                                          | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    305000 | PA      | $287565.86    | 0.17%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| US 5YR NOTE (CBT) Sep25                                                          | US 5YR NOTE (CBT) Sep25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       130 | NC      | $14064375.00  | 8.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita Inc                                                                       | DaVita Inc                                                                       | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507920.97    | 0.30%             | 2032-09-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Sierra Timeshare 2025-1 Receivables Funding LLC                                  | Sierra Timeshare 2025-1 Receivables Funding LLC                                  | CUSIP: 82653CAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    897294 | PA      | $870976.13    | 0.52%             | 2042-01-21      | Fixed         | 6.86%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    305000 | PA      | $335824.52    | 0.20%             | N/A             | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| Sedgwick Claims Management Services Inc                                          | Sedgwick Claims Management Services, Inc., Term Loan B                           | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |    749373 | PA      | $751400.49    | 0.44%             | 2031-07-31      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac STACR REMIC Trust 2022-DNA2                                          | Freddie Mac STACR REMIC Trust 2022-DNA2                                          | CUSIP: 35564KSQ3<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-CBDO         | CORP              | US        |   1098000 | PA      | $1201056.74   | 0.71%             | 2042-02-25      | Variable      | 13.79%                | Yes           |                  2 | On Loan: No      |
| Muthoot Finance Ltd                                                              | Muthoot Finance Ltd                                                              | CUSIP: 62828L2D4<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $196867.86    | 0.12%             | 2029-04-23      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Ambipar Lux Sarl                                                                 | Ambipar Lux Sarl                                                                 | CUSIP: 02319WAA9<br>LEI: 9845008C0E14F9BDEK55 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $185378.58    | 0.11%             | 2031-02-06      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613BE7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $228337.80    | 0.14%             | N/A             | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| EUSHI Finance Inc                                                                | EUSHI Finance Inc                                                                | CUSIP: 29882DAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $255595.22    | 0.15%             | 2054-12-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                                                 | Deutsche Bank AG                                                                 | CUSIP: EK2626407<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $607500.00    | 0.36%             | N/A             | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | Mineral Resources Ltd                                                            | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $199809.28    | 0.12%             | 2027-11-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| DISH NETWORK CORP                                                                | DISH Network Corp                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1702323.15   | 1.01%             | 2027-11-15      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| GBT US III LLC                                                                   | GBT US III LLC, Term Loan B                                                      | CUSIP: BL4990471<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    598500 | PA      | $598901.00    | 0.35%             | 2031-07-28      | Variable      | 6.78%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance Inc                                              | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $174340.44    | 0.10%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Romanian Government International Bond                                           | Romanian Government International Bond                                           | CUSIP: 77586RAW0<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    200000 | PA      | $200626.94    | 0.12%             | 2037-02-10      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Uniti Fiber Abs Issuer Llc                                                       | Uniti Fiber Abs Issuer Llc                                                       | CUSIP: 91326EAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1020461.30   | 0.60%             | 2055-04-20      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC                                                          | LCPR Senior Secured Financing DAC                                                | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |    570000 | PA      | $412985.46    | 0.24%             | 2027-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                         | Avis Budget Rental Car Funding AESOP LLC                                         | CUSIP: 05377RKK9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1005026.30   | 0.59%             | 2028-10-20      | Fixed         | 7.43%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                                                         | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $554016.30    | 0.33%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                               | Banco Bilbao Vizcaya Argentaria SA                                               | CUSIP: 05946KAM3<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $439024.40    | 0.26%             | N/A             | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DaVita Inc                                                                       | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    450000 | PA      | $420498.41    | 0.25%             | 2030-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CommScope LLC                                                                    | CommScope LLC                                                                    | CUSIP: 20338MAA0<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    330000 | PA      | $343007.94    | 0.20%             | 2031-12-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: —       |
| PATTERN ENERGY OP LP/PAT                                                         | Pattern Energy Operations LP / Pattern Energy Operations Inc                     | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $287867.76    | 0.17%             | 2028-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| OCP SA                                                                           | OCP SA                                                                           | CUSIP: 67091TAJ4<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    230000 | PA      | $225975.15    | 0.13%             | 2036-03-01      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                            | Quikrete Holdings Inc                                                            | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254039.25    | 0.15%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Axon Enterprise Inc                                                              | Axon Enterprise Inc                                                              | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    360000 | PA      | $367164.06    | 0.22%             | 2030-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                                                          | Zayo Group Holdings, Inc., Term Loan                                             | CUSIP: 98919XAB7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |    500000 | PA      | $478822.50    | 0.28%             | 2027-03-09      | Variable      | 7.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac STACR REMIC Trust 2022-DNA3                                          | Freddie Mac STACR REMIC Trust 2022-DNA3                                          | CUSIP: 35564KWG0<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-CBDO         | CORP              | US        |    920000 | PA      | $1032927.24   | 0.61%             | 2042-04-25      | Variable      | 15.09%                | Yes           |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | Vistra Operations Co LLC                                                         | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    340000 | PA      | $339774.75    | 0.20%             | 2027-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                             | Noble Finance II LLC                                                             | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    490000 | PA      | $488258.05    | 0.29%             | 2030-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Newell Brands Inc                                                                | Newell Brands Inc                                                                | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    275000 | PA      | $284500.93    | 0.17%             | 2028-06-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Borr IHC Ltd / Borr Finance LLC                                                  | Borr IHC Ltd / Borr Finance LLC                                                  | CUSIP: 100018AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     16577 | PA      | $14309.87     | 0.01%             | 2028-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                                                          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    560000 | PA      | $552519.74    | 0.33%             | 2027-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Star Parent Inc                                                                  | Star Parent Inc                                                                  | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    325000 | PA      | $335909.88    | 0.20%             | 2030-10-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Thayer Park CLO, Ltd.                                                            | Thayer Park CLO Ltd                                                              | CUSIP: 88330PAG5<br>LEI: 5493000PRLDBEVKBE571 | Long             | ABS-O            | CORP              | KY        |    750000 | PA      | $690712.50    | 0.41%             | 2034-04-20      | Variable      | 1.00%                 | Yes           |                  2 | On Loan: No      |
| Egypt Government International Bond                                              | Egypt Government International Bond                                              | CUSIP: 03846JAF7<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    200000 | PA      | $155537.50    | 0.09%             | 2051-09-30      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Wintrust Financial Corp                                                          | Wintrust Financial Corp                                                          | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |     27750 | NS      | $709012.50    | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Cougar JV Subsidiary LLC                                                         | Cougar JV Subsidiary LLC                                                         | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $472669.65    | 0.28%             | 2032-05-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Fortress Intermediate 3 Inc                                                      | Fortress Intermediate 3, Inc, Term Loan B                                        | CUSIP: BL4649903<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | LON              | CORP              | US        |    146250 | PA      | $146615.63    | 0.09%             | 2031-06-27      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                                   | Sabre GLBL Inc                                                                   | CUSIP: 78573NAJ1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205655.01    | 0.12%             | 2027-06-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Matador Resources Co                                                             | Matador Resources Co                                                             | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192647.42    | 0.11%             | 2033-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Caixa Economica Federal                                                          | Caixa Economica Federal                                                          | CUSIP: 12803Y2A6<br>LEI: 254900EX2KZ57WQ1PL07 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $198700.00    | 0.12%             | 2030-05-13      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Javelin Buyer Inc                                                                | Javelin Buyer Inc                                                                | CUSIP: BL4761872<br>LEI: 254900GL30A9G6Z7OW50 | Long             | LON              | CORP              | US        |    100229 | PA      | $98381.28     | 0.06%             | 2032-12-06      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| NOVA Chemicals Corp                                                              | NOVA Chemicals Corp                                                              | CUSIP: 66977WAV1<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $313749.00    | 0.19%             | 2031-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Orion US Finco                                                                   | Orion US Finco                                                                   | CUSIP: BL5077443<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    445000 | PA      | $445765.40    | 0.26%             | 2032-05-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC / Acrisure Finance Inc                                              | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $825439.25    | 0.49%             | 2030-11-06      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Mineral Resources Ltd                                                            | Mineral Resources Ltd                                                            | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    100000 | PA      | $102029.10    | 0.06%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    340000 | PA      | $340048.62    | 0.20%             | 2026-08-31      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Zayo Issuer LLC                                                                  | Zayo Issuer LLC                                                                  | CUSIP: 98919WAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1010625.50   | 0.60%             | 2055-03-20      | Fixed         | 8.66%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG Inc                                                           | Venture Global LNG Inc                                                           | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    500000 | PA      | $531923.00    | 0.31%             | 2032-02-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Molina Healthcare Inc                                                            | Molina Healthcare Inc                                                            | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    700000 | PA      | $698871.39    | 0.41%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Zambia Government International Bond                                             | Zambia Government International Bond                                             | CUSIP: 988895AQ1<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |    239823 | PA      | $215361.05    | 0.13%             | 2033-06-30      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                                                              | TreeHouse Foods Inc                                                              | CUSIP: 89469AAD6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182156.12    | 0.11%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                            | Guatemala Government Bond                                                        | CUSIP: 401494AT6<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    300000 | PA      | $250575.00    | 0.15%             | 2033-10-07      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2015-CCRE25 Mortgage Trust                                                  | CUSIP: 12593PBB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    485000 | PA      | $455629.32    | 0.27%             | 2048-08-10      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| Carvana Co                                                                       | Carvana Co                                                                       | CUSIP: 146869AL6<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    613374 | PA      | $630230.13    | 0.37%             | 2028-12-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                                                 | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAB7<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168056.12    | 0.10%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | Lumen Technologies Inc                                                           | CUSIP: 156700BD7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    400000 | PA      | $354000.00    | 0.21%             | 2029-01-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CITY BREWING CO LLC                                                              | City Brewing Company, LLC, First Out New Money Term Loan                         | CUSIP: 10756PAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     89902 | PA      | $36859.72     | 0.02%             | 2028-04-05      | Variable      | 10.51%                | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS                                                         | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $157755.40    | 0.09%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ASURION LLC                                                                      | Asurion LLC, 2nd Lien Term Loan B3                                               | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    250000 | PA      | $242366.25    | 0.14%             | 2028-02-03      | Variable      | 9.69%                 | No            |                  2 | On Loan: No      |
| Trivium Packaging Finance BV                                                     | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $259385.79    | 0.15%             | 2030-07-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBX2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $521482.00    | 0.31%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                                     | Novelis Corp                                                                     | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    165000 | PA      | $161845.13    | 0.10%             | 2026-11-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Fair Isaac Corp                                                                  | Fair Isaac Corp                                                                  | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    230000 | PA      | $229565.79    | 0.14%             | 2033-05-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                                               | Kennedy-Wilson Inc                                                               | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    375000 | PA      | $344705.18    | 0.20%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PG&E Corp                                                                        | PG&E Corp                                                                        | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    375000 | PA      | $367205.66    | 0.22%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Transocean Aquila Ltd                                                            | Transocean Aquila Ltd                                                            | CUSIP: 893790AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    301692 | PA      | $301218.62    | 0.18%             | 2028-09-30      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp                         | Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp                         | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    804000 | PA      | $734468.23    | 0.43%             | 2030-04-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: —       |
| Post Holdings Inc                                                                | Post Holdings Inc                                                                | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248172.83    | 0.15%             | 2033-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Ecopetrol SA                                                                     | Ecopetrol SA                                                                     | CUSIP: 279158AW9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $193903.64    | 0.11%             | 2032-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | Level 3 Financing Inc                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    425000 | PA      | $352749.99    | 0.21%             | 2029-01-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Banque Ouest Africaine de Developpement                                          | Banque Ouest Africaine de Developpement                                          | CUSIP: 06675QAE3<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | N/A       |    200000 | PA      | $198847.23    | 0.12%             | 2055-02-13      | Fixed         | 8.20%                 | Yes           |                  2 | On Loan: No      |
| NCL Corp Ltd                                                                     | NCL Corp Ltd                                                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    500000 | PA      | $500093.07    | 0.30%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    350000 | PA      | $358997.30    | 0.21%             | 2055-03-10      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                                              | Ecuador Government International Bond                                            | CUSIP: ZO2094340<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    311523 | PA      | $193923.07    | 0.11%             | 2035-07-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                      | Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                      | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    300000 | PA      | $306602.70    | 0.18%             | 2029-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Zelis Payments Buyer Inc                                                         | Zelis Payments Buyer, Inc., 5th Amendment Term Loan                              | CUSIP: 98932TAH6<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |    498750 | PA      | $498632.79    | 0.29%             | 2031-11-26      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                                                      | Condor Merger Sub Inc                                                            | CUSIP: 579063AB4<br>LEI: 254900SAGUYT3MBUU161 | Long             | DBT              | CORP              | US        |    500000 | PA      | $462343.49    | 0.27%             | 2030-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Orbia Advance Corp SAB de CV                                                     | Orbia Advance Corp SAB de CV                                                     | CUSIP: 68560EAC2<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $200890.00    | 0.12%             | 2030-05-13      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                                                          | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAB1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    700000 | PA      | $603627.54    | 0.36%             | 2028-03-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Lumen Technologies Inc                                                           | Lumen Technologies, Inc., Extended Term Loan B2                                  | CUSIP: 55024EAG0<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    448859 | PA      | $445057.10    | 0.26%             | 2030-04-15      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| CIFC Funding 2022-II Ltd                                                         | CIFC Funding 2022-II Ltd                                                         | CUSIP: 12567QAJ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    675000 | PA      | $659406.15    | 0.39%             | 2035-04-19      | Variable      | 9.02%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    625000 | PA      | $592074.63    | 0.35%             | 2027-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| BrewCo Borrower LLC                                                              | City Brewing Company, LLC, PIK Super Priority Term Loan                          | CUSIP: 10756PAF6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     19487 | PA      | $18025.07     | 0.01%             | 2026-01-03      | Variable      | 13.58%                | No            |                  2 | On Loan: No      |
| Indika Energy Tbk PT                                                             | Indika Energy Tbk PT                                                             | CUSIP: 69369KAA3<br>LEI: 254900YVKE6BJ1I4V036 | Long             | DBT              | CORP              | ID        |    300000 | PA      | $288633.31    | 0.17%             | 2029-05-07      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HAU1<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    500000 | PA      | $501553.42    | 0.30%             | N/A             | Fixed         | 7.70%                 | Yes           |                  2 | On Loan: No      |
| JELD-WEN INC                                                                     | JELD-WEN Inc                                                                     | CUSIP: 475795AD2<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |    400000 | PA      | $349245.60    | 0.21%             | 2027-12-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                                             | Michaels Cos Inc/The                                                             | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    487000 | PA      | $234977.50    | 0.14%             | 2029-05-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                                                   | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    780000 | PA      | $781332.24    | 0.46%             | 2031-05-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC                                                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    424000 | PA      | $434727.26    | 0.26%             | 2027-07-15      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| Delek Logistics Partners LP / Delek Logistics Finance Corp                       | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $124280.16    | 0.07%             | 2029-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkiye Government International Bond                                            | CUSIP: 900123DA5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    200000 | PA      | $187623.46    | 0.11%             | 2031-01-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Jack Cooper Enterprises Inc                                                      | Jack Cooper Enterprises Inc                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8907 | NS      | $89.07        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Radiology Partners Inc                                                           | Radiology Partners Inc                                                           | CUSIP: 75041VAC8<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241366.31    | 0.14%             | 2030-02-15      | Fixed         | 9.78%                 | Yes           |                  2 | On Loan: No      |
| Azorra Finance Ltd                                                               | Azorra Finance Ltd                                                               | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |   1100000 | PA      | $1103152.51   | 0.65%             | 2030-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Air Transport Services Group Inc                                                 | Air Transport Services Group Inc                                                 | CUSIP: 861932AA9<br>LEI: 5493000F3MSFGIXTQE27 | Long             | DBT              | CORP              | US        |    485000 | PA      | $502314.50    | 0.30%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING                                                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96735.15     | 0.06%             | 2027-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                          | Talen Energy Supply, LLC, Term Loan B                                            | CUSIP: 87422LAV2<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |    699461 | PA      | $701755.38    | 0.41%             | 2030-05-17      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| BX Trust 2021-VIEW                                                               | BX Trust 2021-VIEW                                                               | CUSIP: 05606GAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $999666.20    | 0.59%             | 2036-06-15      | Variable      | 8.04%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF IRAQ                                                                 | Iraq International Bond                                                          | CUSIP: 462652AA6<br>LEI: N/A                  | Long             | DBT              | NUSS              | IQ        |    300000 | PA      | $294758.90    | 0.17%             | 2028-01-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| AltaGas Ltd                                                                      | AltaGas Ltd                                                                      | CUSIP: 021361AD2<br>LEI: 2549008X5V70MOS4HM10 | Long             | DBT              | CORP              | CA        |    494000 | PA      | $483150.62    | 0.29%             | 2054-10-15      | Fixed         | 7.20%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic International Bond                                            | Dominican Republic International Bond                                            | CUSIP: 25714PEZ7<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    150000 | PA      | $149167.50    | 0.09%             | 2036-06-01      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| BroadStreet Partners Inc                                                         | Broadstreet Partners, Inc., Term Loan B4                                         | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |    496250 | PA      | $497336.79    | 0.29%             | 2031-06-16      | Variable      | 7.33%                 | 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        |    250000 | PA      | $237895.80    | 0.14%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                                                          | UKG Inc., Term Loan B                                                            | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |    500000 | PA      | $501522.50    | 0.30%             | 2031-02-10      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| ADVANTAGE SALES & MARKET                                                         | Advantage Sales & Marketing Inc                                                  | CUSIP: 00775PAA5<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |    775000 | PA      | $591903.23    | 0.35%             | 2028-11-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| LONG RIDGE ENERGY LLC                                                            | LONG RIDGE ENERGY LLC                                                            | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251947.75    | 0.15%             | 2032-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                         | Northern Oil & Gas Inc                                                           | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301221.90    | 0.18%             | 2028-03-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                             | Colombia Government International Bond                                           | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $156900.00    | 0.09%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2015-CCRE22 Mortgage Trust                                                  | CUSIP: 12592XAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $614108.88    | 0.36%             | 2048-03-10      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Centersquare Issuer LLC                                                          | Centersquare Issuer LLC                                                          | CUSIP: 15201EAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $948925.40    | 0.56%             | 2055-03-26      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Planet US Buyer LLC                                                              | Planet US Buyer LLC, Term Loan B                                                 | CUSIP: 72706RAB2<br>LEI: 254900ZE51SEX2EFFH74 | Long             | LON              | CORP              | US        |    566538 | PA      | $569016.62    | 0.34%             | 2031-02-10      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                                                         | Ferrellgas LP / Ferrellgas Finance Corp                                          | CUSIP: 315289AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $452698.75    | 0.27%             | 2029-04-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2022-R02                                     | Connecticut Avenue Securities Trust 2022-R02                                     | CUSIP: 20754BAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1616031.30   | 0.96%             | 2042-01-25      | Variable      | 12.97%                | Yes           |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                                                          | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    728000 | PA      | $636242.88    | 0.38%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| Hilcorp Energy I LP / Hilcorp Finance Co                                         | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320000 | PA      | $318431.81    | 0.19%             | 2033-11-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                        | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301472.10    | 0.18%             | 2029-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: —       |
| Grupo Nutresa SA                                                                 | Grupo Nutresa SA                                                                 | CUSIP: 40055CAA1<br>LEI: 254900KKAX7B7RJUE255 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $205786.25    | 0.12%             | 2030-05-12      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| WESCO Distribution Inc                                                           | WESCO Distribution Inc                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    240000 | PA      | $244455.12    | 0.14%             | 2033-03-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corp                                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $183062.56    | 0.11%             | 2033-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| RR Donnelley & Sons Co                                                           | RR Donnelley & Sons Co                                                           | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |    630000 | PA      | $631583.08    | 0.37%             | 2029-08-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SENEGAL                                                              | Senegal Government International Bond                                            | CUSIP: 81720TAC9<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |    300000 | PA      | $215700.00    | 0.13%             | 2033-05-23      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Cornerstone Building Brands Inc                                                  | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $266560.11    | 0.16%             | 2029-08-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Residential Reinsurance 2025 Ltd                                                 | Residential Reinsurance 2025 Ltd                                                 | CUSIP: 76091DAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    500000 | PA      | $499500.00    | 0.30%             | 2029-06-06      | Variable      | 4.78%                 | Yes           |                  2 | On Loan: No      |
| STATE STR NAVIGATOR SECS L TR                                                    | State Street Navigator Securities Lending Government Money Market Portfolio      | CUSIP: 857509301<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   8962309 | NS      | $8962309.40   | 5.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiesta Purchaser Inc                                                             | Fiesta Purchaser Inc                                                             | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $209224.60    | 0.12%             | 2032-09-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: —       |
| ENSTAR FINANCE LLC                                                               | Enstar Finance LLC                                                               | CUSIP: 29360AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    360000 | PA      | $356124.07    | 0.21%             | 2040-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Jaggaer LLC                                                                      | Javelin Buyer, Inc., First Lien Term Loan                                        | CUSIP: 47189BAC3<br>LEI: 549300TTV5JZ3JI14H31 | Long             | LON              | CORP              | US        |    500000 | PA      | $501642.50    | 0.30%             | 2031-12-08      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Veritiv Operating Co                                                             | Veritiv Operating Co                                                             | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |    225000 | PA      | $239311.13    | 0.14%             | 2030-11-30      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                             | LifePoint Health Inc                                                             | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    400000 | PA      | $377789.92    | 0.22%             | 2029-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: —       |
| Boost Newco Borrower LLC                                                         | Boost Newco Borrower, LLC, Term Loan B                                           | CUSIP: 92943EAG1<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |    428925 | PA      | $430198.91    | 0.25%             | 2031-01-31      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Nexa Resources SA                                                                | Nexa Resources SA                                                                | CUSIP: 65290DAC7<br>LEI: 549300QRMRHM7GAU7L47 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $198394.30    | 0.12%             | 2037-04-08      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: —       |
| CD&R Smokey Buyer Inc                                                            | CD&R Smokey Buyer Inc                                                            | CUSIP: 12515KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $294650.00    | 0.17%             | 2029-10-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Insulet Corp                                                                     | Insulet Corp                                                                     | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257064.00    | 0.15%             | 2033-04-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                                                           | Arsenal AIC Parent LLC                                                           | CUSIP: 04288BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $315038.70    | 0.19%             | 2030-10-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| BBVA Bancomer SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico      | BBVA Bancomer SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico      | CUSIP: 072912AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    200000 | PA      | $202479.91    | 0.12%             | 2035-02-11      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Efesto Bidco S.p.A Efesto US LLC                                                 | Efesto Bidco S.p.A Efesto US LLC                                                 | CUSIP: 28201XAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |    400000 | PA      | $402608.00    | 0.24%             | 2032-02-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| X Corp                                                                           | X Corp                                                                           | CUSIP: BL5004546<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    577000 | PA      | $575061.28    | 0.34%             | 2029-10-29      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1187618.52   | 0.70%             | 2028-05-15      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: —       |
| ROCKETMTGE CO-ISSUER INC                                                         | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $677908.07    | 0.40%             | 2026-10-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                                                 | Deutsche Bank AG                                                                 | CUSIP: 251525AX9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    350000 | PA      | $347970.67    | 0.21%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET BANK AND TRUST COMPANY                                              | Fixed Income Clearing Corp (FICC)                                                | CUSIP: 85748R009<br>LEI: N/A                  | Long             | RA               | CORP              | US        |  11375000 | PA      | $11375000.00  | 6.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Celulosa Arauco y Constitucion SA                                                | Celulosa Arauco y Constitucion SA                                                | CUSIP: 151191BR3<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $200636.62    | 0.12%             | 2032-05-05      | Fixed         | 6.18%                 | Yes           |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                                  | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    700000 | PA      | $737296.70    | 0.44%             | 2029-12-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Ziply Fiber Issuer LLC                                                           | Ziply Fiber Issuer LLC                                                           | CUSIP: 98979QAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1072268.30   | 0.63%             | 2054-04-20      | Fixed         | 11.17%                | Yes           |                  2 | On Loan: No      |
| Banco de Credito del Peru S.A.                                                   | Banco de Credito del Peru S.A                                                    | CUSIP: 05971U2J5<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |    300000 | PA      | $304392.00    | 0.18%             | 2035-07-30      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| Life Time Inc                                                                    | Life Time Inc                                                                    | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250558.50    | 0.15%             | 2031-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                                 | Connecticut Avenue Securities Trust 2022-R01                                     | CUSIP: 20754LAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    850000 | PA      | $894000.42    | 0.53%             | 2041-12-25      | Variable      | 10.32%                | Yes           |                  2 | On Loan: No      |
| ContourGlobal Power Holdings SA                                                  | ContourGlobal Power Holdings SA                                                  | CUSIP: 21220LAB9<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |    800000 | PA      | $810432.00    | 0.48%             | 2030-02-28      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| GoldenTree Loan Management US                                                    | GoldentTree Loan Management US CLO 1 Ltd                                         | CUSIP: 38138RAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    500000 | PA      | $486241.50    | 0.29%             | 2034-10-20      | Variable      | 8.56%                 | Yes           |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                                                         | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    580000 | PA      | $574586.57    | 0.34%             | 2026-05-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications Inc                                                     | Univision Communications Inc                                                     | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    400000 | PA      | $384064.84    | 0.23%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corp                                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $304117.50    | 0.18%             | 2032-04-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201959.66    | 0.12%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                         | Vistra Operations Co LLC                                                         | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    250000 | PA      | $265084.49    | 0.16%             | 2031-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| California Buyer Ltd / Atlantica Sustainable Infrastructure PLC                  | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC                  | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    300000 | PA      | $296632.59    | 0.18%             | 2032-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                                                               | Angolan Government International Bond                                            | CUSIP: 035198AF7<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    200000 | PA      | $164053.14    | 0.10%             | 2032-04-14      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                    | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    210000 | PA      | $207411.21    | 0.12%             | 2032-04-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC                  | Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC                  | CUSIP: 209031AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1033867.20   | 0.61%             | 2055-05-20      | Fixed         | 9.41%                 | Yes           |                  2 | On Loan: No      |
| Turkiye Government International Bond                                            | Turkiye Government International Bond                                            | CUSIP: 900123DQ0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    200000 | PA      | $196553.09    | 0.12%             | 2032-05-29      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Chord Energy Corp                                                                | Chord Energy Corp                                                                | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297924.12    | 0.18%             | 2033-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                                                         | LCM Investments Holdings II LLC                                                  | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212049.80    | 0.13%             | 2031-08-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Starwood Property Trust Inc                                                      | Starwood Property Trust Inc                                                      | CUSIP: 85571BBC8<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    315000 | PA      | $314088.93    | 0.19%             | 2030-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| UPL CORP LTD                                                                     | UPL Corp Ltd                                                                     | CUSIP: BJ9430734<br>LEI: 213800AQLATW4WEEH674 | Long             | DBT              | CORP              | MU        |    200000 | PA      | $180847.23    | 0.11%             | 2030-06-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BARBADOS GOVT OF                                                                 | Barbados Government International Bond                                           | CUSIP: 067070AH5<br>LEI: 529900UD1KUUS4SFD905 | Long             | DBT              | NUSS              | BB        |    270000 | PA      | $256905.00    | 0.15%             | 2029-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Queen MergerCo Inc                                                               | Queen MergerCo Inc                                                               | CUSIP: 74825NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $410139.95    | 0.24%             | 2032-04-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Genesys Cloud Services Holdings II LLC                                           | Genesys Cloud Services Holdings II LLC, Term Loan B                              | CUSIP: BL4978666<br>LEI: 549300CVRD4OUCPHWQ42 | Long             | LON              | CORP              | US        |    432416 | PA      | $431722.22    | 0.26%             | 2032-01-30      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                                                 | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $281797.59    | 0.17%             | 2028-04-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                                          | Raizen Fuels Finance SA                                                          | CUSIP: 75102XAE6<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $193322.00    | 0.11%             | 2037-02-25      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $212644.16    | 0.13%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves | APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1192239.25   | 0.71%             | 2029-11-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| South Bow Canadian Infrastructure Holdings Ltd                                   | South Bow Canadian Infrastructure Holdings Ltd                                   | CUSIP: 836720AF9<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |    460000 | PA      | $464306.06    | 0.27%             | 2055-03-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Encore Capital Group Inc                                                         | Encore Capital Group Inc                                                         | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    750000 | PA      | $795011.81    | 0.47%             | 2030-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Ghana Government International Bond                                              | Ghana Government International Bond                                              | CUSIP: 374422AP8<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    200000 | PA      | $148500.00    | 0.09%             | 2035-07-03      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                                  | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    280000 | PA      | $281316.00    | 0.17%             | 2032-05-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                                               | Bausch & Lomb Corporation, Term Loan                                             | CUSIP: BL3906049<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |    486250 | PA      | $485365.03    | 0.29%             | 2027-05-10      | Variable      | 7.68%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                              | United Airlines Inc                                                              | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    340000 | PA      | $335970.91    | 0.20%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS                                                          | VistaJet Malta Finance PLC / Vista Management Holding Inc                        | CUSIP: 92841HAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    556000 | PA      | $547716.43    | 0.32%             | 2028-06-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: —       |
| TransDigm Inc                                                                    | TransDigm Inc                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    400000 | PA      | $395200.30    | 0.23%             | 2033-05-31      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                                          | Talen Energy Supply LLC                                                          | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    600000 | PA      | $640771.14    | 0.38%             | 2030-06-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Pampa Energia SA                                                                 | Pampa Energia SA                                                                 | CUSIP: 697660AE8<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |    200000 | PA      | $202267.80    | 0.12%             | 2031-09-10      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                                   | Carvana Auto Receivables Trust 2021-P2                                           | CUSIP: 14687TAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2500 | PA      | $336725.00    | 0.20%             | 2028-05-10      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Medline Borrower LP                                                              | Medline Borrower, LP, Add-on Term Loan B                                         | CUSIP: 58503UAF0<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |    445781 | PA      | $445849.87    | 0.26%             | 2028-10-23      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| IMOLA MERGER CORP                                                                | Imola Merger Corp                                                                | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $143728.40    | 0.08%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Global Medical Response Inc                                                      | Global Medical Response Inc                                                      | CUSIP: 37960BAB1<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |    813591 | PA      | $813591.00    | 0.48%             | 2028-10-31      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Albion Financing 1 SARL / Aggreko Holdings Inc                                   | Albion Financing 1 SARL / Aggreko Holdings Inc                                   | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    220000 | PA      | $223117.20    | 0.13%             | 2030-05-21      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2014-UBS3 Mortgage Trust                                                    | CUSIP: 12591YAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $430010.00    | 0.25%             | 2047-06-10      | Variable      | 4.77%                 | Yes           |                  2 | On Loan: No      |
| Vistra Corp                                                                      | Vistra Corp                                                                      | CUSIP: 92840MAD4<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    230000 | PA      | $247050.82    | 0.15%             | N/A             | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Radiology Partners Inc                                                           | Radiology Partners Inc                                                           | CUSIP: 75041VAB0<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |    885000 | PA      | $889425.00    | 0.53%             | 2029-01-31      | Fixed         | 7.78%                 | Yes           |                  2 | On Loan: No      |
| WINDSOR HOLDINGS III LLC                                                         | Windsor Holdings III LLC                                                         | CUSIP: 97360AAA5<br>LEI: 254900IXUJZ9H146T437 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211623.40    | 0.13%             | 2030-06-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                                                     | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257486.75    | 0.15%             | 2033-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                                             | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAG3<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    830000 | PA      | $831098.92    | 0.49%             | 2032-11-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Geopark Ltd                                                                      | Geopark Ltd                                                                      | CUSIP: 37255BAC3<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $158720.00    | 0.09%             | 2030-01-31      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Mongolia Government International Bond                                           | Mongolia Government International Bond                                           | CUSIP: 60937LAJ4<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |    200000 | PA      | $194522.00    | 0.12%             | 2030-02-25      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Pluspetrol SA                                                                    | Pluspetrol SA                                                                    | CUSIP: 72942BAA3<br>LEI: 254900QSCHBUBX6J6H71 | Long             | DBT              | CORP              | AR        |    200000 | PA      | $199800.00    | 0.12%             | 2032-05-30      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: —       |
| MATCH GROUP HLD II LLC                                                           | Match Group Holdings II LLC                                                      | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    300000 | PA      | $276873.57    | 0.16%             | 2030-08-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| DORNOCH DEBT MERGER SUB                                                          | Dornoch Debt Merger Sub Inc                                                      | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    430000 | PA      | $330487.68    | 0.20%             | 2029-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: —       |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $505242.08    | 0.30%             | 2061-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                                                          | Pakistan Government International Bond                                           | CUSIP: 695847AT0<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    200000 | PA      | $170002.40    | 0.10%             | 2031-04-08      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Panther Escrow Issuer LLC                                                        | Panther Escrow Issuer LLC                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $543114.54    | 0.32%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Panama Government International Bond                                             | Panama Government International Bond                                             | CUSIP: 698299BW3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $193270.00    | 0.11%             | 2036-01-31      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                                                      | Ivory Coast Government International Bond                                        | CUSIP: 221625AN6<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    300000 | PA      | $265536.00    | 0.16%             | 2033-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                 | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    575000 | PA      | $612874.68    | 0.36%             | 2032-01-15      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| Republic of Kenya Government International Bond                                  | Republic of Kenya Government International Bond                                  | CUSIP: 491798AN4<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    200000 | PA      | $182500.00    | 0.11%             | 2036-03-05      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Turkiye Garanti Bankasi AS                                                       | Turkiye Garanti Bankasi AS                                                       | CUSIP: 900148AG2<br>LEI: 5493002XSS7K7RHN1V37 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $199599.12    | 0.12%             | 2035-01-03      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Frontier Issuer LLC                                                              | Frontier Issuer LLC                                                              | CUSIP: 35910EAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $526393.65    | 0.31%             | 2053-08-20      | Fixed         | 11.50%                | Yes           |                  2 | On Loan: No      |
| WYNN MACAU LTD                                                                   | Wynn Macau Ltd                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $289199.28    | 0.17%             | 2028-08-26      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                                                          | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    177000 | PA      | $138325.50    | 0.08%             | 2029-02-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: —       |

### Signature

**Date Signed:** 2025-05-31

**Name of Applicant:** Nuveen Investment Funds, Inc.

**Signature:** Gina Spunder

**Name of Signer:** Gina Spunder

**Title:** Director, Fund Financial Reporting