# EDGAR Filing Document

**Accession Number:** 0000701039
**File Stem:** 0001752724-25-207510
**Filing Date:** 2025-8
**Character Count:** 204966
**Document Hash:** eab5ce9117761321262eccb26d69a0a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-207510.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-207510

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Calvert Fund
- **CENTRAL INDEX KEY:** 0000701039

**ORGANIZATION NAME:**
- **EIN:** 526228948
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03416
- **FILM NUMBER:** 251261544

**BUSINESS ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** 8002256265

**MAIL ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALVERT FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Calvert High Yield Bond Fund (Series ID: S000025875)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000077416 | Class A                               | CYBAX           |
| C000077417 | Class C                               | CHBCX           |
| C000077418 | Class I                               | CYBIX           |
| C000211121 | Calvert High Yield Bond Fund Class R6 | CYBRX           |

## Nport-Ex

Calvert

High Yield Bond Fund

June 30, 2025

Schedule of Investments (Unaudited)

------

Common Stocks — 0.7%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | **Value** |
| Environmental — 0.5% | Environmental — 0.5% | Environmental — 0.5% |
| GFL Environmental, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47500 | $2396850 |
|  |  | **$2396850** |
| Paper — 0.2% | Paper — 0.2% | Paper — 0.2% |
| Enviva LLC<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46181 | $906302 |
|  |  | **$906302** |
| Total Common Stocks<br> (identified cost $1,376,421) |  | **$3303152** |

---

Convertible Bonds — 0.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Homebuilders/Real Estate — 0.2% | Homebuilders/Real Estate — 0.2% | Homebuilders/Real Estate — 0.2% |
| Pebblebrook Hotel Trust, 1.75%, 12/15/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1195 | $1132361 |
| Total Convertible Bonds<br> (identified cost $1,128,855) |  | **$1132361** |

---

Corporate Bonds — 86.8%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Aerospace — 1.3% | Aerospace — 1.3% | Aerospace — 1.3% |
| Amentum Holdings, Inc., 7.25%, 8/1/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2682 | $2762079 |
| Axon Enterprise, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 3/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp; 489659 |
| &nbsp;&nbsp;&nbsp;6.25%, 3/15/33<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp; 371578 |
| Moog, Inc., 4.25%, 12/15/27<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1357 | &nbsp;&nbsp; 1328140 |
| Science Applications International Corp., 4.875%, 4/1/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1434 | &nbsp;&nbsp; 1412664 |
|  |  | **$6364120** |
| Automotive & Auto Parts — 2.6% | Automotive & Auto Parts — 2.6% | Automotive & Auto Parts — 2.6% |
| Belron U.K. Finance PLC, 5.75%, 10/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2286 | &nbsp;&nbsp;&nbsp;$2306730 |
| Clarios Global LP/Clarios U.S. Finance Co.: |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 2/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1238 | &nbsp;&nbsp;&nbsp;&nbsp;1288247 |
| &nbsp;&nbsp;&nbsp;8.50%, 5/15/27<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859342 |
| Ford Motor Co., 4.75%, 1/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2109 | &nbsp;&nbsp;&nbsp;&nbsp;1623419 |
| Ford Motor Credit Co. LLC, 7.20%, 6/10/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;1368648 |
| Real Hero Merger Sub 2, Inc., 6.25%, 2/1/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2139 | &nbsp;&nbsp;&nbsp;&nbsp;1549476 |
| Wand NewCo 3, Inc., 7.625%, 1/30/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3543 | &nbsp;&nbsp;&nbsp;&nbsp;3726630 |
|  |  | **$12722492** |
| Broadcasting — 0.6% | Broadcasting — 0.6% | Broadcasting — 0.6% |
| Gray Media, Inc., 5.375%, 11/15/31<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976 | &nbsp;&nbsp;&nbsp;&nbsp;$732679 |
| Playtika Holding Corp., 4.25%, 3/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887 | &nbsp;&nbsp;&nbsp;&nbsp;1714198 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Broadcasting (continued) | Broadcasting (continued) | Broadcasting (continued) | Broadcasting (continued) |
| Scripps Escrow II, Inc., 3.875%, 1/15/29<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761 | $663166 |
|  |  |  | **$3110043** |
| Building Materials — 3.7% | Building Materials — 3.7% | Building Materials — 3.7% | Building Materials — 3.7% |
| Builders FirstSource, Inc., 6.375%, 3/1/34<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | $2550808 |
| CP Atlas Buyer, Inc., 7.00%, 12/1/28<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2137 | &nbsp;&nbsp; 1979711 |
| JH North America Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 1/31/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1593 | &nbsp;&nbsp; 1607906 |
| &nbsp;&nbsp;&nbsp;6.125%, 7/31/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757 | &nbsp;&nbsp; 770042 |
| Masterbrand, Inc., 7.00%, 7/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2088 | &nbsp;&nbsp;&nbsp;&nbsp;2135130 |
| Smyrna Ready Mix Concrete LLC, 6.00%, 11/1/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3344 | &nbsp;&nbsp;&nbsp;&nbsp;3337933 |
| Standard Industries, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 11/21/26<sup>(5)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1157 | &nbsp;&nbsp;&nbsp;&nbsp;1350565 |
| &nbsp;&nbsp;&nbsp;3.375%, 1/15/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1121 | &nbsp;&nbsp;&nbsp;&nbsp;1006110 |
| &nbsp;&nbsp;&nbsp;4.375%, 7/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1128 | &nbsp;&nbsp;&nbsp;&nbsp;1068742 |
| &nbsp;&nbsp;&nbsp;4.75%, 1/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1979215 |
|  |  |  | **$17786162** |
| Cable/Satellite TV — 2.5% | Cable/Satellite TV — 2.5% | Cable/Satellite TV — 2.5% | Cable/Satellite TV — 2.5% |
| CCO Holdings LLC/CCO Holdings Capital Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 2/1/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1186 | &nbsp;&nbsp;&nbsp;$1108677 |
| &nbsp;&nbsp;&nbsp;4.25%, 1/15/34<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1974 | &nbsp;&nbsp;&nbsp;&nbsp;1758463 |
| &nbsp;&nbsp;&nbsp;4.50%, 8/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1574 | &nbsp;&nbsp;&nbsp;&nbsp;1501603 |
| &nbsp;&nbsp;&nbsp;4.75%, 3/1/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3129 | &nbsp;&nbsp;&nbsp;&nbsp;3033714 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991470 |
| &nbsp;&nbsp;&nbsp;5.375%, 6/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684965 |
| CSC Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 2/15/31<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649358 |
| &nbsp;&nbsp;&nbsp;4.125%, 12/1/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429481 |
| &nbsp;&nbsp;&nbsp;5.50%, 4/15/27<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707138 |
| &nbsp;&nbsp;&nbsp;11.75%, 1/31/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1396 | &nbsp;&nbsp;&nbsp;&nbsp;1328686 |
|  |  |  | **$12193555** |
| Capital Goods — 2.9% | Capital Goods — 2.9% | Capital Goods — 2.9% | Capital Goods — 2.9% |
| Arcosa, Inc., 6.875%, 8/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1935 | &nbsp;&nbsp;&nbsp;$2009391 |
| Calderys Financing II LLC, 11.75%, (11.75% cash or 12.50% PIK), 6/1/28<sup>(3)(6)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1579 | &nbsp;&nbsp;&nbsp;&nbsp;1641020 |
| Calderys Financing LLC, 11.25%, 6/1/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;2122771 |
| Chart Industries, Inc., 9.50%, 1/1/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1389 | &nbsp;&nbsp;&nbsp;&nbsp;1483758 |
| EMRLD Borrower LP/Emerald Co-Issuer, Inc., 6.625%, 12/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1981 | &nbsp;&nbsp;&nbsp;&nbsp;2027399 |
| Esab Corp., 6.25%, 4/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1544 | &nbsp;&nbsp;&nbsp;&nbsp;1582771 |
| Madison IAQ LLC, 5.875%, 6/30/29<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2087 | &nbsp;&nbsp;&nbsp;&nbsp;2054441 |
| New Flyer Holdings, Inc., 9.25%, 7/1/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1026 | &nbsp;&nbsp;&nbsp;&nbsp;1083283 |
|  |  |  | **$14004834** |
| Chemicals — 3.9% | Chemicals — 3.9% | Chemicals — 3.9% | Chemicals — 3.9% |
| Avient Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 11/1/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp;$878676 |

---

------

Calvert

High Yield Bond Fund

June 30, 2025

Schedule of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Chemicals (continued) | Chemicals (continued) | Chemicals (continued) | Chemicals (continued) |
| Avient Corp.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, 8/1/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2183 | $2253191 |
| Celanese U.S. Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 4/15/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp; 512149 |
| &nbsp;&nbsp;&nbsp;6.75%, 4/15/33<sup>(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418 | &nbsp;&nbsp; 422680 |
| &nbsp;&nbsp;&nbsp;7.20%, 11/15/33<sup>(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1846 | &nbsp;&nbsp; 1960793 |
| Compass Minerals International, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 12/1/27<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1043 | &nbsp;&nbsp; 1052359 |
| &nbsp;&nbsp;&nbsp;8.00%, 7/1/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1270 | &nbsp;&nbsp;&nbsp;&nbsp;1313085 |
| Herens Holdco SARL, 4.75%, 5/15/28<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1787 | &nbsp;&nbsp;&nbsp;&nbsp;1605226 |
| Nufarm Australia Ltd./Nufarm Americas, Inc., 5.00%, 1/27/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800681 |
| Olympus Water U.S. Holding Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.25%, 6/15/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1020840 |
| &nbsp;&nbsp;&nbsp;9.75%, 11/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3327 | &nbsp;&nbsp;&nbsp;&nbsp;3507590 |
| SNF Group SACA: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.625%, 2/1/29<sup>(5)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1289 | &nbsp;&nbsp;&nbsp;&nbsp;1485968 |
| &nbsp;&nbsp;&nbsp;2.625%, 2/1/29<sup>(3)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115281 |
| WR Grace Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 6/15/27<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1163 | &nbsp;&nbsp;&nbsp;&nbsp;1157735 |
| &nbsp;&nbsp;&nbsp;5.625%, 8/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312614 |
| &nbsp;&nbsp;&nbsp;7.375%, 3/1/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348430 |
|  |  |  | **$18747298** |
| Consumer Products — 2.3% | Consumer Products — 2.3% | Consumer Products — 2.3% | Consumer Products — 2.3% |
| Acushnet Co., 7.375%, 10/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2661 | &nbsp;&nbsp;&nbsp;$2776958 |
| Edgewell Personal Care Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 4/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333 | &nbsp;&nbsp;&nbsp;&nbsp;1260392 |
| &nbsp;&nbsp;&nbsp;5.50%, 6/1/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949974 |
| Somnigroup International, Inc., 3.875%, 10/15/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4110 | &nbsp;&nbsp;&nbsp;&nbsp;3741020 |
| Spectrum Brands, Inc., 3.875%, 3/15/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3071 | &nbsp;&nbsp;&nbsp;&nbsp;2478725 |
|  |  |  | **$11207069** |
| Containers — 2.8% | Containers — 2.8% | Containers — 2.8% | Containers — 2.8% |
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 9/1/29<sup>(5)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp;$900210 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/29<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2002 | &nbsp;&nbsp;&nbsp;&nbsp;1829462 |
| Ball Corp., 6.875%, 3/15/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821222 |
| Canpack SA/Canpack U.S. LLC, 3.875%, 11/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1786 | &nbsp;&nbsp;&nbsp;&nbsp;1674289 |
| Clydesdale Acquisition Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 4/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1522 | &nbsp;&nbsp;&nbsp;&nbsp;1562932 |
| &nbsp;&nbsp;&nbsp;8.75%, 4/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2056 | &nbsp;&nbsp;&nbsp;&nbsp;2104345 |
| Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 9/30/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1165 | &nbsp;&nbsp;&nbsp;&nbsp;1159200 |
| Owens-Brockway Glass Container, Inc., 7.25%, 5/15/31<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1111 | &nbsp;&nbsp;&nbsp;&nbsp;1139955 |
| Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan FinCo U.S. LLC, 9.50%, 5/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2294 | &nbsp;&nbsp;&nbsp;&nbsp;2346940 |
|  |  |  | **$13538555** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Diversified Financial Services — 5.7% | Diversified Financial Services — 5.7% | Diversified Financial Services — 5.7% |
| Ally Financial, Inc., 4.70% to 5/15/26<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1966 | $1904342 |
| Azorra Finance Ltd., 7.25%, 1/15/31<sup>(3)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004 | &nbsp;&nbsp; 1027516 |
| Boost Newco Borrower LLC, 7.50%, 1/15/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1522 | &nbsp;&nbsp; 1616706 |
| CI Financial Corp., 4.10%, 6/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp; 782793 |
| Compass Group Diversified Holdings LLC: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721 | &nbsp;&nbsp; 610641 |
| &nbsp;&nbsp;&nbsp;5.25%, 4/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1406 | &nbsp;&nbsp; 1263212 |
| Diebold Nixdorf, Inc., 7.75%, 3/31/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2095 | &nbsp;&nbsp; 2227813 |
| Focus Financial Partners LLC, 6.75%, 9/15/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2323 | &nbsp;&nbsp;&nbsp;&nbsp;2372803 |
| Hightower Holding LLC, 9.125%, 1/31/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1997 | &nbsp;&nbsp;&nbsp;&nbsp;2127880 |
| MSCI, Inc., 3.875%, 2/15/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435 | &nbsp;&nbsp;&nbsp;&nbsp;1354132 |
| Phoenix Aviation Capital Ltd., 9.25%, 7/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2268 | &nbsp;&nbsp;&nbsp;&nbsp;2350799 |
| Rocket Cos., Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 8/1/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1060 | &nbsp;&nbsp;&nbsp;&nbsp;1080834 |
| &nbsp;&nbsp;&nbsp;6.375%, 8/1/33<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1590 | &nbsp;&nbsp;&nbsp;&nbsp;1628876 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 3/1/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1699 | &nbsp;&nbsp;&nbsp;&nbsp;1615766 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/15/33<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710019 |
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 6.75%, 8/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1832 | &nbsp;&nbsp;&nbsp;&nbsp;1903803 |
| Walker & Dunlop, Inc., 6.625%, 4/1/33<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3035 | &nbsp;&nbsp;&nbsp;&nbsp;3121810 |
|  |  | **$27699745** |
| Diversified Media — 2.2% | Diversified Media — 2.2% | Diversified Media — 2.2% |
| Arches Buyer, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 6/1/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp;$541152 |
| &nbsp;&nbsp;&nbsp;6.125%, 12/1/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1493 | &nbsp;&nbsp;&nbsp;&nbsp;1374466 |
| Cars.com, Inc., 6.375%, 11/1/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1968 | &nbsp;&nbsp;&nbsp;&nbsp;1974565 |
| Clear Channel Outdoor Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;7.75%, 4/15/28<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;1607817 |
| &nbsp;&nbsp;&nbsp;7.875%, 4/1/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1072 | &nbsp;&nbsp;&nbsp;&nbsp;1107541 |
| CMG Media Corp., 8.875%, 6/18/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;676548 |
| Snap, Inc., 6.875%, 3/1/33<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2125 | &nbsp;&nbsp;&nbsp;&nbsp;2181846 |
| Stagwell Global LLC, 5.625%, 8/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1325 | &nbsp;&nbsp;&nbsp;&nbsp;1268773 |
|  |  | **$10732708** |
| Entertainment/Film — 0.3% | Entertainment/Film — 0.3% | Entertainment/Film — 0.3% |
| Cinemark USA, Inc., 5.25%, 7/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1517 | &nbsp;&nbsp;&nbsp;$1510904 |
|  |  | &nbsp;&nbsp;&nbsp;**$1510904** |
| Environmental — 2.0% | Environmental — 2.0% | Environmental — 2.0% |
| Clean Harbors, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 7/15/27<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;$497902 |
| &nbsp;&nbsp;&nbsp;5.125%, 7/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990453 |
| &nbsp;&nbsp;&nbsp;6.375%, 2/1/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287072 |
| GFL Environmental, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 9/1/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1631 | &nbsp;&nbsp;&nbsp;&nbsp;1574389 |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;1455991 |
| &nbsp;&nbsp;&nbsp;4.75%, 6/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1343 | &nbsp;&nbsp;&nbsp;&nbsp;1326145 |

---

------

Calvert

High Yield Bond Fund

June 30, 2025

Schedule of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Environmental (continued) | Environmental (continued) | Environmental (continued) | Environmental (continued) |
| Reworld Holding Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 12/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1948 | $1854757 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp; 1136778 |
| Wrangler Holdco Corp., 6.625%, 4/1/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp; 588646 |
|  |  |  | **$9712133** |
| Food & Drug Retail — 1.4% | Food & Drug Retail — 1.4% | Food & Drug Retail — 1.4% | Food & Drug Retail — 1.4% |
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 2/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2108 | $2074421 |
| &nbsp;&nbsp;&nbsp;5.875%, 2/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2295 | &nbsp;&nbsp;&nbsp;&nbsp;2294544 |
| Ingles Markets, Inc., 4.00%, 6/15/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2660 | &nbsp;&nbsp;&nbsp;&nbsp;2485747 |
|  |  |  | &nbsp;&nbsp;&nbsp;**$6854712** |
| Food, Beverage & Tobacco — 4.5% | Food, Beverage & Tobacco — 4.5% | Food, Beverage & Tobacco — 4.5% | Food, Beverage & Tobacco — 4.5% |
| BellRing Brands, Inc., 7.00%, 3/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2032 | &nbsp;&nbsp;&nbsp;$2118114 |
| Chobani Holdco II LLC, 8.75%, (8.75% cash or 9.50% PIK), 10/1/29<sup>(3)(6)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3819 | &nbsp;&nbsp;&nbsp;&nbsp;4098965 |
| Chobani LLC/Chobani Finance Corp., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1518 | &nbsp;&nbsp;&nbsp;&nbsp;1491359 |
| &nbsp;&nbsp;&nbsp;7.625%, 7/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1815 | &nbsp;&nbsp;&nbsp;&nbsp;1893611 |
| Darling Ingredients, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 4/15/27<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499419 |
| &nbsp;&nbsp;&nbsp;6.00%, 6/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721003 |
| Performance Food Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 8/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2496 | &nbsp;&nbsp;&nbsp;&nbsp;2409236 |
| &nbsp;&nbsp;&nbsp;6.125%, 9/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1288 | &nbsp;&nbsp;&nbsp;&nbsp;1319149 |
| Pilgrim's Pride Corp., 3.50%, 3/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1802405 |
| Primo Water Holdings, Inc./Triton Water Holdings, Inc., 6.25%, 4/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1456 | &nbsp;&nbsp;&nbsp;&nbsp;1467358 |
| U.S. Foods, Inc., 4.75%, 2/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2490 | &nbsp;&nbsp;&nbsp;&nbsp;2448681 |
| Viking Baked Goods Acquisition Corp., 8.625%, 11/1/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1230 | &nbsp;&nbsp;&nbsp;&nbsp;1208191 |
|  |  |  | **$21477491** |
| Healthcare — 9.2% | Healthcare — 9.2% | Healthcare — 9.2% | Healthcare — 9.2% |
| AHP Health Partners, Inc., 5.75%, 7/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp;$466524 |
| AMN Healthcare, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 4/15/29<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958286 |
| &nbsp;&nbsp;&nbsp;4.625%, 10/1/27<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118748 |
| AthenaHealth Group, Inc., 6.50%, 2/15/30<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6550 | &nbsp;&nbsp;&nbsp;&nbsp;6453161 |
| Avantor Funding, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 7/15/28<sup>(5)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705931 |
| &nbsp;&nbsp;&nbsp;4.625%, 7/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1022 | &nbsp;&nbsp;&nbsp;&nbsp;1004298 |
| Concentra Health Services, Inc., 6.875%, 7/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933989 |
| Encompass Health Corp., 4.75%, 2/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1247 | &nbsp;&nbsp;&nbsp;&nbsp;1232151 |
| Fortrea Holdings, Inc., 7.50%, 7/1/30<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1227 | &nbsp;&nbsp;&nbsp;&nbsp;1112184 |
| HealthEquity, Inc., 4.50%, 10/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;1967510 |
| Heartland Dental LLC/Heartland Dental Finance Corp., 10.50%, 4/30/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3390 | &nbsp;&nbsp;&nbsp;&nbsp;3583708 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Healthcare (continued) | Healthcare (continued) | Healthcare (continued) |
| IQVIA, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/27<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594 | $592380 |
| &nbsp;&nbsp;&nbsp;6.25%, 6/1/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1282 | &nbsp;&nbsp; 1317214 |
| LifePoint Health, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 1/15/29<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2679 | &nbsp;&nbsp; 2499239 |
| &nbsp;&nbsp;&nbsp;9.875%, 8/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655 | &nbsp;&nbsp; 709337 |
| &nbsp;&nbsp;&nbsp;10.00%, 6/1/32<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645 | &nbsp;&nbsp; 666230 |
| Medline Borrower LP, 5.25%, 10/1/29<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3989 | &nbsp;&nbsp; 3960817 |
| Molina Healthcare, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 11/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2502 | &nbsp;&nbsp;&nbsp;&nbsp;2328762 |
| &nbsp;&nbsp;&nbsp;3.875%, 5/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859889 |
| &nbsp;&nbsp;&nbsp;6.25%, 1/15/33<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779171 |
| Option Care Health, Inc., 4.375%, 10/31/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2368 | &nbsp;&nbsp;&nbsp;&nbsp;2280886 |
| Perrigo Finance Unlimited Co.: |  |  |
| &nbsp;&nbsp;&nbsp;4.90%, 6/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2023 | &nbsp;&nbsp;&nbsp;&nbsp;1990478 |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401569 |
| Prestige Brands, Inc., 3.75%, 4/1/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1119 | &nbsp;&nbsp;&nbsp;&nbsp;1031903 |
| Surgery Center Holdings, Inc., 7.25%, 4/15/32<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1681 | &nbsp;&nbsp;&nbsp;&nbsp;1715061 |
| Team Health Holdings, Inc., 13.50%, (9.00% cash and 4.50% PIK), 6/30/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1484 | &nbsp;&nbsp;&nbsp;&nbsp;1612675 |
| U.S. Acute Care Solutions LLC, 9.75%, 5/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2356 | &nbsp;&nbsp;&nbsp;&nbsp;2433013 |
| Varex Imaging Corp., 7.875%, 10/15/27<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551491 |
|  |  | **$44266605** |
| Homebuilders/Real Estate — 5.3% | Homebuilders/Real Estate — 5.3% | Homebuilders/Real Estate — 5.3% |
| Ashton Woods USA LLC/Ashton Woods Finance Co.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 8/1/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312 | &nbsp;&nbsp;&nbsp;&nbsp;$298188 |
| &nbsp;&nbsp;&nbsp;4.625%, 4/1/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005 | &nbsp;&nbsp;&nbsp;&nbsp;1914344 |
| Brundage-Bone Concrete Pumping Holdings, Inc., 7.50%, 2/1/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917504 |
| Cushman & Wakefield U.S. Borrower LLC: |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 5/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2032 | &nbsp;&nbsp;&nbsp;&nbsp;2050625 |
| &nbsp;&nbsp;&nbsp;8.875%, 9/1/31<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1557 | &nbsp;&nbsp;&nbsp;&nbsp;1673175 |
| Greystar Real Estate Partners LLC, 7.75%, 9/1/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5489 | &nbsp;&nbsp;&nbsp;&nbsp;5830548 |
| KB Home: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 6/15/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69673 |
| &nbsp;&nbsp;&nbsp;4.80%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1452 | &nbsp;&nbsp;&nbsp;&nbsp;1415208 |
| New Home Co., Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 11/1/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658736 |
| &nbsp;&nbsp;&nbsp;9.25%, 10/1/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1794 | &nbsp;&nbsp;&nbsp;&nbsp;1862129 |
| Outfront Media Capital LLC/Outfront Media Capital Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 3/15/30<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2416 | &nbsp;&nbsp;&nbsp;&nbsp;2309266 |
| &nbsp;&nbsp;&nbsp;7.375%, 2/15/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1187 | &nbsp;&nbsp;&nbsp;&nbsp;1257596 |
| Taylor Morrison Communities, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 8/1/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2309 | &nbsp;&nbsp;&nbsp;&nbsp;2302409 |
| &nbsp;&nbsp;&nbsp;5.75%, 1/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310805 |

---

------

Calvert

High Yield Bond Fund

June 30, 2025

Schedule of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Homebuilders/Real Estate (continued) | Homebuilders/Real Estate (continued) | Homebuilders/Real Estate (continued) | Homebuilders/Real Estate (continued) |
| TopBuild Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 3/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $946758 |
| &nbsp;&nbsp;&nbsp;4.125%, 2/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2051 | &nbsp;&nbsp; 1903313 |
|  |  |  | **$25720277** |
| Insurance — 3.6% | Insurance — 3.6% | Insurance — 3.6% | Insurance — 3.6% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 10/1/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317 | $323292 |
| &nbsp;&nbsp;&nbsp;6.75%, 10/15/27<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4251 | &nbsp;&nbsp; 4257313 |
| &nbsp;&nbsp;&nbsp;7.00%, 1/15/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1104 | &nbsp;&nbsp;&nbsp;&nbsp;1142822 |
| &nbsp;&nbsp;&nbsp;7.375%, 10/1/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237375 |
| AmWINS Group, Inc., 4.875%, 6/30/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2670 | &nbsp;&nbsp;&nbsp;&nbsp;2596413 |
| AssuredPartners, Inc., 5.625%, 1/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;1297365 |
| Jones Deslauriers Insurance Management, Inc., 10.50%, 12/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2103 | &nbsp;&nbsp;&nbsp;&nbsp;2243119 |
| Panther Escrow Issuer LLC, 7.125%, 6/1/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1768 | &nbsp;&nbsp;&nbsp;&nbsp;1837670 |
| Ryan Specialty LLC, 5.875%, 8/1/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3212 | &nbsp;&nbsp;&nbsp;&nbsp;3239321 |
|  |  |  | **$17174690** |
| Leisure — 0.4% | Leisure — 0.4% | Leisure — 0.4% | Leisure — 0.4% |
| Motion Finco SARL, 8.375%, 2/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2083 | &nbsp;&nbsp;&nbsp;$1909537 |
|  |  |  | &nbsp;&nbsp;&nbsp;**$1909537** |
| Metals/Mining — 1.9% | Metals/Mining — 1.9% | Metals/Mining — 1.9% | Metals/Mining — 1.9% |
| Constellium SE: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.125%, 7/15/29<sup>(4)(5)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;$1306486 |
| &nbsp;&nbsp;&nbsp;3.75%, 4/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;794632 |
| &nbsp;&nbsp;&nbsp;5.625%, 6/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994775 |
| Hudbay Minerals, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 4/1/26<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1721 | &nbsp;&nbsp;&nbsp;&nbsp;1711378 |
| &nbsp;&nbsp;&nbsp;6.125%, 4/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp;1011240 |
| Novelis Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 11/15/26<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492325 |
| &nbsp;&nbsp;&nbsp;3.875%, 8/15/31<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2085 | &nbsp;&nbsp;&nbsp;&nbsp;1875145 |
| &nbsp;&nbsp;&nbsp;4.75%, 1/30/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888828 |
|  |  |  | &nbsp;&nbsp;&nbsp;**$9074809** |
| Publishing/Printing — 1.2% | Publishing/Printing — 1.2% | Publishing/Printing — 1.2% | Publishing/Printing — 1.2% |
| Cimpress PLC, 7.375%, 9/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1437 | &nbsp;&nbsp;&nbsp;$1373416 |
| McGraw-Hill Education, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 8/1/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1345 | &nbsp;&nbsp;&nbsp;&nbsp;1354030 |
| &nbsp;&nbsp;&nbsp;7.375%, 9/1/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;897755 |
| &nbsp;&nbsp;&nbsp;8.00%, 8/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2306 | &nbsp;&nbsp;&nbsp;&nbsp;2349519 |
|  |  |  | &nbsp;&nbsp;&nbsp;**$5974720** |
| Railroad — 0.5% | Railroad — 0.5% | Railroad — 0.5% | Railroad — 0.5% |
| Watco Cos. LLC/Watco Finance Corp., 7.125%, 8/1/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2355 | &nbsp;&nbsp;&nbsp;$2463462 |
|  |  |  | &nbsp;&nbsp;&nbsp;**$2463462** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Restaurants — 0.4% | Restaurants — 0.4% | Restaurants — 0.4% |
| Yum! Brands, Inc., 3.625%, 3/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1824 | $1685662 |
|  |  | **$1685662** |
| Services — 6.9% | Services — 6.9% | Services — 6.9% |
| Adtalem Global Education, Inc., 5.50%, 3/1/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3102 | $3078822 |
| APi Group DE, Inc., 4.75%, 10/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2577 | &nbsp;&nbsp; 2539553 |
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 8.375%, 6/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440 | &nbsp;&nbsp; 460636 |
| Clarivate Science Holdings Corp., 4.875%, 7/1/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1293 | &nbsp;&nbsp; 1218765 |
| EquipmentShare.com, Inc., 8.625%, 5/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1580 | &nbsp;&nbsp; 1681025 |
| Gartner, Inc., 3.625%, 6/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749789 |
| Herc Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 6/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997958 |
| &nbsp;&nbsp;&nbsp;7.25%, 6/15/33<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859730 |
| Imola Merger Corp., 4.75%, 5/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3607 | &nbsp;&nbsp;&nbsp;&nbsp;3484821 |
| Korn Ferry, 4.625%, 12/15/27<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2366 | &nbsp;&nbsp;&nbsp;&nbsp;2356771 |
| NESCO Holdings II, Inc., 5.50%, 4/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1485 | &nbsp;&nbsp;&nbsp;&nbsp;1447756 |
| Ritchie Bros Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 3/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1504 | &nbsp;&nbsp;&nbsp;&nbsp;1544638 |
| &nbsp;&nbsp;&nbsp;7.75%, 3/15/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365221 |
| Specialty Building Products Holdings LLC/SBP Finance Corp., 7.75%, 10/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2970 | &nbsp;&nbsp;&nbsp;&nbsp;2921386 |
| VT Topco, Inc., 8.50%, 8/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2431 | &nbsp;&nbsp;&nbsp;&nbsp;2564963 |
| WASH Multifamily Acquisition, Inc., 5.75%, 4/15/26<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1697 | &nbsp;&nbsp;&nbsp;&nbsp;1692098 |
| WESCO Distribution, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 3/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1345 | &nbsp;&nbsp;&nbsp;&nbsp;1399365 |
| &nbsp;&nbsp;&nbsp;7.25%, 6/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;864175 |
| Windsor Holdings III LLC, 8.50%, 6/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2793 | &nbsp;&nbsp;&nbsp;&nbsp;2996546 |
|  |  | **$33224018** |
| Steel — 0.6% | Steel — 0.6% | Steel — 0.6% |
| TMS International Corp., 6.25%, 4/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2790 | &nbsp;&nbsp;&nbsp;$2655054 |
|  |  | &nbsp;&nbsp;&nbsp;**$2655054** |
| Super Retail — 5.4% | Super Retail — 5.4% | Super Retail — 5.4% |
| Asbury Automotive Group, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 3/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691 | &nbsp;&nbsp;&nbsp;&nbsp;$682029 |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384569 |
| &nbsp;&nbsp;&nbsp;4.75%, 3/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1118 | &nbsp;&nbsp;&nbsp;&nbsp;1083284 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154239 |
| Bath & Body Works, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 10/1/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448785 |
| &nbsp;&nbsp;&nbsp;6.75%, 7/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199524 |
| &nbsp;&nbsp;&nbsp;6.95%, 3/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1244 | &nbsp;&nbsp;&nbsp;&nbsp;1282339 |
| Champ Acquisition Corp., 8.375%, 12/1/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1517 | &nbsp;&nbsp;&nbsp;&nbsp;1615798 |
| Cougar JV Subsidiary LLC, 8.00%, 5/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2361 | &nbsp;&nbsp;&nbsp;&nbsp;2518991 |
| Evergreen Acqco 1 LP/TVI, Inc., 9.75%, 4/26/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1599 | &nbsp;&nbsp;&nbsp;&nbsp;1674008 |
| Group 1 Automotive, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1761 | &nbsp;&nbsp;&nbsp;&nbsp;1701183 |

---

------

Calvert

High Yield Bond Fund

June 30, 2025

Schedule of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Super Retail (continued) | Super Retail (continued) | Super Retail (continued) |
| Group 1 Automotive, Inc.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 1/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380 | $390920 |
| Hanesbrands, Inc., 9.00%, 2/15/31<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020 | &nbsp;&nbsp; 1080919 |
| Ken Garff Automotive LLC, 4.875%, 9/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490 | &nbsp;&nbsp; 1472386 |
| LCM Investments Holdings II LLC: |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 5/1/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1245 | &nbsp;&nbsp; 1211728 |
| &nbsp;&nbsp;&nbsp;8.25%, 8/1/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209 | &nbsp;&nbsp; 222380 |
| Lithia Motors, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 6/1/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914396 |
| &nbsp;&nbsp;&nbsp;4.375%, 1/15/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324 | &nbsp;&nbsp;&nbsp;&nbsp;1259858 |
| &nbsp;&nbsp;&nbsp;4.625%, 12/15/27<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1173 | &nbsp;&nbsp;&nbsp;&nbsp;1164744 |
| Mavis Tire Express Services Topco Corp., 6.50%, 5/15/29<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2343 | &nbsp;&nbsp;&nbsp;&nbsp;2303332 |
| PetSmart, Inc./PetSmart Finance Corp., 4.75%, 2/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1709 | &nbsp;&nbsp;&nbsp;&nbsp;1668008 |
| Sonic Automotive, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/29<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2129 | &nbsp;&nbsp;&nbsp;&nbsp;2067230 |
| &nbsp;&nbsp;&nbsp;4.875%, 11/15/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776099 |
|  |  | **$26276749** |
| Technology — 4.4% | Technology — 4.4% | Technology — 4.4% |
| Ciena Corp., 4.00%, 1/31/30<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1403 | &nbsp;&nbsp;&nbsp;$1330571 |
| Cloud Software Group, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 3/31/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1282 | &nbsp;&nbsp;&nbsp;&nbsp;1294766 |
| &nbsp;&nbsp;&nbsp;9.00%, 9/30/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2446 | &nbsp;&nbsp;&nbsp;&nbsp;2537616 |
| Coherent Corp., 5.00%, 12/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;978256 |
| Ellucian Holdings, Inc., 6.50%, 12/1/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1127 | &nbsp;&nbsp;&nbsp;&nbsp;1155394 |
| Fair Isaac Corp., 4.00%, 6/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2050 | &nbsp;&nbsp;&nbsp;&nbsp;1996934 |
| Insight Enterprises, Inc., 6.625%, 5/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2010 | &nbsp;&nbsp;&nbsp;&nbsp;2072211 |
| McAfee Corp., 7.375%, 2/15/30<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1438 | &nbsp;&nbsp;&nbsp;&nbsp;1359433 |
| ON Semiconductor Corp., 3.875%, 9/1/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1804 | &nbsp;&nbsp;&nbsp;&nbsp;1746667 |
| Open Text Holdings, Inc., 4.125%, 2/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1352 | &nbsp;&nbsp;&nbsp;&nbsp;1279046 |
| Seagate HDD Cayman: |  |  |
| &nbsp;&nbsp;&nbsp;4.091%, 6/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314490 |
| &nbsp;&nbsp;&nbsp;9.625%, 12/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1327 | &nbsp;&nbsp;&nbsp;&nbsp;1496661 |
| Sensata Technologies, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 2/15/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1511 | &nbsp;&nbsp;&nbsp;&nbsp;1378768 |
| &nbsp;&nbsp;&nbsp;4.375%, 2/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190170 |
| VM Consolidated, Inc., 5.50%, 4/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2312 | &nbsp;&nbsp;&nbsp;&nbsp;2271428 |
|  |  | **$21402411** |
| Telecommunications — 2.6% | Telecommunications — 2.6% | Telecommunications — 2.6% |
| Iliad Holding SASU: |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 4/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp;$815536 |
| &nbsp;&nbsp;&nbsp;8.50%, 4/15/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620905 |
| Level 3 Financing, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 10/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185843 |
| &nbsp;&nbsp;&nbsp;4.50%, 4/1/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;614124 |
| &nbsp;&nbsp;&nbsp;4.875%, 6/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170523 |
| Sable International Finance Ltd., 7.125%, 10/15/32<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945322 |
| Virgin Media Finance PLC, 5.00%, 7/15/30<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303677 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Principal<br> Amount\*<br> (000's omitted)** | **Value** |
| Telecommunications (continued) | Telecommunications (continued) | Telecommunications (continued) | Telecommunications (continued) |
| Virgin Media Secured Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 8/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241 | $224134 |
| &nbsp;&nbsp;&nbsp;5.50%, 5/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1107 | &nbsp;&nbsp; 1089518 |
| Virgin Media Vendor Financing Notes III DAC, 4.875%, 7/15/28<sup>(5)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283 | &nbsp;&nbsp; 370979 |
| Virgin Media Vendor Financing Notes IV DAC, 5.00%, 7/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1425 | &nbsp;&nbsp; 1396002 |
| Vmed O2 U.K. Financing I PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 7/15/31<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1540 | &nbsp;&nbsp; 1425503 |
| &nbsp;&nbsp;&nbsp;7.75%, 4/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp; 541006 |
| Zegona Finance PLC, 8.625%, 7/15/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3008 | &nbsp;&nbsp;&nbsp;&nbsp;3217041 |
| Ziggo BV, 4.875%, 1/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473175 |
|  |  |  | **$12393288** |
| Transport Excluding Air & Rail — 0.4% | Transport Excluding Air & Rail — 0.4% | Transport Excluding Air & Rail — 0.4% | Transport Excluding Air & Rail — 0.4% |
| Seaspan Corp., 5.50%, 8/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1874 | &nbsp;&nbsp;&nbsp;$1783123 |
|  |  |  | &nbsp;&nbsp;&nbsp;**$1783123** |
| Utilities — 5.3% | Utilities — 5.3% | Utilities — 5.3% | Utilities — 5.3% |
| Atlantica Sustainable Infrastructure Ltd., 4.125%, 6/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp;$550122 |
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC, 6.375%, 2/15/32<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5440 | &nbsp;&nbsp;&nbsp;&nbsp;5453709 |
| Clearway Energy Operating LLC, 4.75%, 3/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1221 | &nbsp;&nbsp;&nbsp;&nbsp;1207235 |
| Ferrellgas LP/Ferrellgas Finance Corp., 5.875%, 4/1/29<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1731 | &nbsp;&nbsp;&nbsp;&nbsp;1602905 |
| Leeward Renewable Energy Operations LLC, 4.25%, 7/1/29<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2436 | &nbsp;&nbsp;&nbsp;&nbsp;2276067 |
| NRG Energy, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 1/15/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1021 | &nbsp;&nbsp;&nbsp;&nbsp;1026803 |
| &nbsp;&nbsp;&nbsp;6.00%, 2/1/33<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1036 | &nbsp;&nbsp;&nbsp;&nbsp;1046972 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/1/34<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720767 |
| &nbsp;&nbsp;&nbsp;10.25% to 3/15/28<sup>(3)(7)(8)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1354 | &nbsp;&nbsp;&nbsp;&nbsp;1504391 |
| Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.50%, 8/15/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1635 | &nbsp;&nbsp;&nbsp;&nbsp;1585110 |
| TerraForm Power Operating LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 1/15/30<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050 | &nbsp;&nbsp;&nbsp;&nbsp;1005938 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/31/28<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1402 | &nbsp;&nbsp;&nbsp;&nbsp;1388674 |
| TransAlta Corp., 7.75%, 11/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2246 | &nbsp;&nbsp;&nbsp;&nbsp;2361233 |
| XPLR Infrastructure Operating Partners LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 9/15/27<sup>(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901292 |
| &nbsp;&nbsp;&nbsp;8.375%, 1/15/31<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1347 | &nbsp;&nbsp;&nbsp;&nbsp;1439787 |
| &nbsp;&nbsp;&nbsp;8.625%, 3/15/33<sup>(3)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1341 | &nbsp;&nbsp;&nbsp;&nbsp;1438286 |
|  |  |  | **$25509291** |
| Total Corporate Bonds<br> (identified cost $415,974,360) |  |  | **$419175517** |

---

------

Calvert

High Yield Bond Fund

June 30, 2025

Schedule of Investments (Unaudited) — continued

------

Senior Floating-Rate Loans — 7.2%<sup>(10)</sup>

---

| | | |
|:---|:---|:---|
| **Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Automotive & Auto Parts — 0.2% | Automotive & Auto Parts — 0.2% | Automotive & Auto Parts — 0.2% |
| Clarios Global LP, Term Loan, 6.827%, (1 mo. USD Term SOFR + 2.50%), 5/6/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075 | $1072924 |
|  |  | **$1072924** |
| Broadcasting — 0.0%<sup>†</sup> | Broadcasting — 0.0%<sup>†</sup> | Broadcasting — 0.0%<sup>†</sup> |
| EW Scripps Co., Term Loan, 6/30/28<sup>(11)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172 | $167082 |
|  |  | **$167082** |
| Building Materials — 0.4% | Building Materials — 0.4% | Building Materials — 0.4% |
| Associated Materials, Inc., Term Loan, 10.327%, (1 mo. USD Term SOFR + 6.00%), 3/8/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2384 | $2166116 |
|  |  | **$2166116** |
| Capital Goods — 0.5% | Capital Goods — 0.5% | Capital Goods — 0.5% |
| EMRLD Borrower LP, Term Loan, 6.833%, (3 mo. USD Term SOFR + 2.50%), 5/31/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2315 | &nbsp;&nbsp;&nbsp;$2315768 |
|  |  | &nbsp;&nbsp;&nbsp;**$2315768** |
| Diversified Media — 0.2% | Diversified Media — 0.2% | Diversified Media — 0.2% |
| CMG Media Corp., Term Loan, 7.896%, (3 mo. USD Term SOFR + 3.50%), 6/18/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755 | &nbsp;&nbsp;&nbsp;&nbsp;$733924 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$733924** |
| Food, Beverage & Tobacco — 0.6% | Food, Beverage & Tobacco — 0.6% | Food, Beverage & Tobacco — 0.6% |
| Primo Brands Corp., Term Loan, 6.546%, (3 mo. USD Term SOFR + 2.25%), 3/31/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2774 | &nbsp;&nbsp;&nbsp;$2786905 |
|  |  | &nbsp;&nbsp;&nbsp;**$2786905** |
| Healthcare — 0.7% | Healthcare — 0.7% | Healthcare — 0.7% |
| Jazz Financing Lux SARL, Term Loan, 6.577%, (1 mo. USD Term SOFR + 2.25%), 5/5/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998 | &nbsp;&nbsp;&nbsp;$1003976 |
| Pluto Acquisition I, Inc., Term Loan, 9.821%, (3 mo. USD Term SOFR + 5.50%), 6/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403627 |
| Team Health Holdings, Inc., Term Loan, 9.529%, (3 mo. USD Term SOFR + 5.25%), 3/2/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2174 | &nbsp;&nbsp;&nbsp;&nbsp;2166092 |
|  |  | &nbsp;&nbsp;&nbsp;**$3573695** |
| Homebuilders/Real Estate — 0.2% | Homebuilders/Real Estate — 0.2% | Homebuilders/Real Estate — 0.2% |
| Signal Parent, Inc., Term Loan, 7.88%, (3 mo. USD Term SOFR + 3.50%), 4/3/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1182 | &nbsp;&nbsp;&nbsp;&nbsp;$822929 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$822929** |
| Insurance — 0.4% | Insurance — 0.4% | Insurance — 0.4% |
| Truist Insurance Holdings LLC, Term Loan - Second Lien, 9.046%, (3 mo. USD Term SOFR + 4.75%), 5/6/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1782 | &nbsp;&nbsp;&nbsp;$1805710 |
|  |  | &nbsp;&nbsp;&nbsp;**$1805710** |

---

---

| | | |
|:---|:---|:---|
| **Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Restaurants — 0.6% | Restaurants — 0.6% | Restaurants — 0.6% |
| IRB Holding Corp., Term Loan, 6.827%, (1 mo. USD Term SOFR + 2.50%), 12/15/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2866 | $2869444 |
|  |  | **$2869444** |
| Services — 0.6% | Services — 0.6% | Services — 0.6% |
| AlixPartners LLP, Term Loan, 6.941%, (1 mo. USD Term SOFR + 2.50%), 2/4/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2923 | $2937611 |
|  |  | **$2937611** |
| Super Retail — 1.4% | Super Retail — 1.4% | Super Retail — 1.4% |
| Hanesbrands, Inc., Term Loan, 7.077%, (1 mo. USD Term SOFR + 2.75%), 3/7/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070 | $1074225 |
| Mavis Tire Express Services Corp., Term Loan, 7.332%, (3 mo. USD Term SOFR + 3.00%), 5/4/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1709 | &nbsp;&nbsp; 1710658 |
| Petco Health & Wellness Co., Inc., Term Loan, 7.807%, (3 mo. USD Term SOFR + 3.25%), 3/3/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1228 | &nbsp;&nbsp;&nbsp;&nbsp;1133964 |
| PetSmart, Inc., Term Loan, 8.177%, (1 mo. USD Term SOFR + 3.75%), 2/11/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2758 | &nbsp;&nbsp;&nbsp;&nbsp;2735670 |
|  |  | &nbsp;&nbsp;&nbsp;**$6654517** |
| Technology — 1.2% | Technology — 1.2% | Technology — 1.2% |
| Cloud Software Group, Inc., Term Loan, 7.795%, (3 mo. USD Term SOFR + 3.50%), 3/29/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1543 | &nbsp;&nbsp;&nbsp;$1546579 |
| Fortress Intermediate 3, Inc., Term Loan, 7.827%, (1 mo. USD Term SOFR + 3.50%), 6/27/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4183 | &nbsp;&nbsp;&nbsp;&nbsp;4199075 |
|  |  | &nbsp;&nbsp;&nbsp;**$5745654** |
| Telecommunications — 0.2% | Telecommunications — 0.2% | Telecommunications — 0.2% |
| Lumen Technologies, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.791%, (1 mo. USD Term SOFR + 2.35%), 4/16/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511 | &nbsp;&nbsp;&nbsp;&nbsp;$505275 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.791%, (1 mo. USD Term SOFR + 2.35%), 4/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638250 |
|  |  | &nbsp;&nbsp;&nbsp;**$1143525** |
| Total Senior Floating-Rate Loans<br> (identified cost $35,037,523) |  | **$34795804** |

---

Miscellaneous — 0.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount** | **Value** |
| Diversified Media — 0.0% |  |  |
| National CineMedia, Inc., Escrow Certificates<sup>(1)(12)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;679000 | $0 |
|  |  | **$0** |

---

------

Calvert

High Yield Bond Fund

June 30, 2025

Schedule of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount** | **Value** |
| Paper — 0.0% |  |  |
| Enviva LLC, Escrow Certificates<sup>(1)(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1451000 | $0 |
|  |  | **$0** |
| Total Miscellaneous<br> (identified cost $0) |  | **$0** |

---

Short-Term Investments — 12.3%

---

| | | |
|:---|:---|:---|
| Affiliated Fund — 4.0% |  |  |
| **Security** | **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.23%<sup>(13)</sup> | 19474657 | $19474657 |
| Total Affiliated Fund<br> (identified cost $19,474,657) |  | **$19474657** |
| Securities Lending Collateral — 8.3% |  |  |
| **Security** | **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| State Street Navigator Securities Lending Government Money Market Portfolio, 4.35%<sup>(14)</sup> | 39906570 | $39906570 |
| Total Securities Lending Collateral<br> (identified cost $39,906,570) |  | **$39906570** |
| Total Short-Term Investments<br> (identified cost $59,381,227) |  | **$59381227** |
| Total Investments — 107.2%<br> (identified cost $512,898,386) |  | **$517788061** |

---

---

| | |
|:---|:---|
| Other Assets, Less Liabilities — (7.2)% | **$(34680347)** |

---

---

| | |
|:---|:---|
| Net Assets — 100.0% | **$483107714** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Schedule of Investments is based on net assets. | The percentage shown for each investment category in the Schedule of Investments is based on net assets. |
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| \* | In U.S. dollars unless otherwise indicated. |
| <sup>(1)</sup> | Non-income producing security. |
| <sup>(2)</sup> | Restricted security. Total market value of restricted securities amounts to $906,302, which represents 0.2% of the net assets of the Fund as of June 30, 2025. |

---

<sup>(3)</sup> Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At June 30, 2025, the aggregate value of these securities is $384,319,845 or 79.6% of the Fund's net assets.

<sup>(4)</sup> All or a portion of this security was on loan at June 30, 2025. The aggregate market value of securities on loan at June 30, 2025 was $39,344,519 and the total market value of the collateral received by the Fund was $40,809,733, comprised of cash of $39,906,570 and U.S. government and/or agencies securities of $903,163.

<sup>(5)</sup> Security exempt from registration under Regulation S of the Securities Act of 1933, as amended, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, as amended. At June 30, 2025, the aggregate value of these securities is $6,120,139 or 1.4% of the Fund's net assets.

<sup>(6)</sup> Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion.

<sup>(7)</sup> Security converts to variable rate after the indicated fixed-rate coupon period.

<sup>(8)</sup> Perpetual security with no stated maturity date but may be subject to calls by the issuer.

<sup>(9)</sup> When-issued security.

<sup>(10)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(11)</sup> This Senior Loan will settle after June 30, 2025, at which time the interest rate will be determined.

<sup>(12)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(13)</sup> May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of June 30, 2025.

<sup>(14)</sup> Represents investment of cash collateral received in connection with securities lending.

------

Calvert

High Yield Bond Fund

June 30, 2025

Schedule of Investments (Unaudited) — continued

------

#### Forward Foreign Currency Exchange Contracts (OTC)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1277101 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;1474503 | &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank And Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;$32743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105029 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92277 | &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank And Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3877) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268128 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233960 | &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank And Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7993) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;6843297 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;5972666 | &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank And Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(205693) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2260 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1672 | &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank And Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4302 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3238 | &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank And Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(143) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7893 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5888 | &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank And Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(190) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356070 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265474 | &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank And Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8380) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$32743** | &nbsp;&nbsp;&nbsp;&nbsp;**$(226312)** |

---

#### Restricted Securities

---

| | | |
|:---|:---|:---|
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Acquisition Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** |
| Enviva LLC | &nbsp;&nbsp;&nbsp;&nbsp;12/6/24 | &nbsp;&nbsp;&nbsp;&nbsp;$277317 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$277317** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| OTC | – Over-the-counter |
| PIK | – Payment In Kind |
| SOFR | – Secured Overnight Financing Rate |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| USD | – United States Dollar |

---

At June 30, 2025, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.

The Fund is subject to foreign exchange risk in the normal course of pursuing its investment objectives. During the fiscal year to date ended June 30, 2025, the Fund entered into forward foreign currency exchange contracts to seek to hedge against the decline in the value of currencies in which its portfolio holdings are denominated against the U.S. dollar.

Affiliated Investments

At June 30, 2025, the value of the Fund's investment in funds that may be deemed to be affiliated was $19,474,657, which represents 4.0% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended June 30, 2025 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value,<br> end of<br> period** | **Dividend<br> income** | **Shares,<br> end of<br> period** |
| **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** |  |  |  |  |  |  |
| Liquidity Fund, Institutional Class<sup>(1)</sup> | $21244985 | $116342757 | $(118113085) | $— | $— | $19474657 | $524315 | 19474657 |

---

<sup>(1)</sup> Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio.

------

Calvert

High Yield Bond Fund

June 30, 2025

Schedule of Investments (Unaudited) — continued

------

Fair Value Measurements

U.S. generally accepted accounting principles (U.S. GAAP) establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

Level 1 - quoted prices in active markets for identical securities

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

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

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

The following table summarizes the market value of the Fund's holdings as of June 30, 2025, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3<sup>(1)</sup>** | &nbsp;&nbsp;**Total** |
| Common Stocks | &nbsp;&nbsp;$2396850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$906302 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3303152 |
| Convertible Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1132361 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1132361 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;419175517 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;419175517 |
| Senior Floating-Rate Loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34795804 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34795804 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp;19474657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19474657 |
| &nbsp;&nbsp;&nbsp;Securities Lending Collateral | &nbsp;&nbsp;&nbsp;&nbsp;39906570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39906570 |
| **Total Investments** | &nbsp;&nbsp;**$61778077** | &nbsp;&nbsp;**$456009984** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;**$517788061** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$32743 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$32743 |
| **Total** | &nbsp;&nbsp;**$61778077** | &nbsp;&nbsp;**$456042727** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$517820804** |
| **Liability Description** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(226312) | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(226312) |
| **Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(226312)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(226312)** |

---

<sup>(1)</sup> None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the fiscal year to date ended June 30, 2025 is not presented.

For information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual or semi-annual financial statements.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** The Calvert Fund

- **b. Investment Company Act file number:** 811-03416

- **c. CIK number of Registrant:** 0000701039

- **d. LEI of Registrant:** 549300SAFDT1VZ80RP53

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

  - **Street Address 1:** 2050 M Street NW

  - **City:** Washington

  - **State:** DC

  - **Foreign country:** US

  - **Zip / Postal Code:** 20036

  - **Telephone number:** 202-238-2200

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

- **a. Name of Series:** Calvert High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000025875

- **c. LEI of Series:** 549300CCIV46L1T22Z08

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

- **a. Date of fiscal year-end:** 2025-09-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $525374976.70

**Total Liabilities:** $43963876.53

**Net Assets:** $481411100.17

**Delayed Delivery Securities:** $838571.27

**Cash Not Reported:** $148320.98

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -47.98000000 | **1-Year:** -852.50000000 | **5-Year:** -2882.47000000 | **10-Year:** -1919.12000000 | **30-Year:** -1076.73000000

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

- **3-Month:** -2030.78000000 | **1-Year:** -37565.97000000 | **5-Year:** -69785.48000000 | **10-Year:** -10546.17000000 | **30-Year:** -1362.78000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000077418 | 0.82%                | 1.30%                | 1.54%                |
| Class ID C000211121 | 0.82%                | 1.31%                | 1.55%                |
| Class ID C000077417 | 0.72%                | 1.19%                | 1.47%                |
| Class ID C000077416 | 0.79%                | 1.27%                | 1.55%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1349.03                 | $1535663.10                                |
| Month 2  | $-257593.10              | $4182916.83                                |
| Month 3  | $28478.61                | $5279177.65                                |

**Designated Index Information**

- **Index Name:** BofAML High Yield-USD

- **Index Identifier:** ML_HY

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| OUTFRONT MEDIA CAP LLC/C              | Outfront Media Capital LLC / Outfront Media Capital Corp                    | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2416000 | PA      | $2309265.71   | 0.48%             | 2030-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| HERENS HOLDCO SARL                    | Herens Holdco Sarl                                                          | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |   1787000 | PA      | $1605226.36   | 0.33%             | 2028-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ASHTON WOODS USA/FINANCE              | Ashton Woods USA LLC / Ashton Woods Finance Co                              | CUSIP: 045086AM7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    312000 | PA      | $298187.76    | 0.06%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I              | Performance Food Group Inc                                                  | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   1288000 | PA      | $1319148.99   | 0.27%             | 2032-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| RITCHIE BROS HLDGS INC                | Ritchie Bros Holdings Inc                                                   | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    347000 | PA      | $365220.77    | 0.08%             | 2031-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HANESBRANDS INC                       | Hanesbrands Inc                                                             | CUSIP: 410345AQ5<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1080919.50   | 0.22%             | 2031-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| SNF GROUP SACA                        | SNF Group SACA                                                              | CUSIP: 000000000<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |   1289000 | PA      | $1485968.10   | 0.31%             | 2029-02-01      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC                   | Spectrum Brands Inc                                                         | CUSIP: 84762LAX3<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |   3071000 | PA      | $2478724.48   | 0.51%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CROWN AMER/CAP CORP V                 | Crown Americas LLC / Crown Americas Capital Corp V                          | CUSIP: 22819KAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1165000 | PA      | $1159200.28   | 0.24%             | 2026-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP               | Asbury Automotive Group Inc                                                 | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    691000 | PA      | $682028.89    | 0.14%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW HOME CO INC/THE                   | New Home Co Inc/The                                                         | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |    646000 | PA      | $658736.11    | 0.14%             | 2030-11-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| RITCHIE BROS HLDGS INC                | Ritchie Bros Holdings Inc                                                   | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |   1504000 | PA      | $1544638.08   | 0.32%             | 2028-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MOOG INC                              | Moog Inc                                                                    | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |   1357000 | PA      | $1328140.14   | 0.28%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.         | PURCHASED USD / SOLD GBP                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-143.03      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY              | Standard Industries Inc/NY                                                  | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1128000 | PA      | $1068742.13   | 0.22%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CIENA CORP                            | Ciena Corp                                                                  | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |   1403000 | PA      | $1330571.43   | 0.28%             | 2030-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| CHAMP ACQUISITION CORP                | Champ Acquisition Corp                                                      | CUSIP: 15807XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1517000 | PA      | $1615797.66   | 0.34%             | 2031-12-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VAREX IMAGING CORPORATIO              | Varex Imaging Corp                                                          | CUSIP: 92214XAC0<br>LEI: 549300CWYWPVCT8E9W67 | Long             | DBT              | CORP              | US        |    544000 | PA      | $551491.42    | 0.11%             | 2027-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CANPACK SA/CANPACK US                 | Canpack SA / Canpack US LLC                                                 | CUSIP: 13806CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1786000 | PA      | $1674288.91   | 0.35%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                        | Owens-Brockway Glass Container Inc                                          | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |   1111000 | PA      | $1139954.88   | 0.24%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| MOLINA HEALTHCARE INC                 | Molina Healthcare Inc                                                       | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    765000 | PA      | $779170.57    | 0.16%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CALDERYS FINANCING LLC                | Calderys Financing LLC                                                      | CUSIP: 128786AA8<br>LEI: 254900ZIKDM74XNEFV84 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2122770.54   | 0.44%             | 2028-06-01      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| MOTION FINCO SARL                     | Motion Finco Sarl                                                           | CUSIP: 61980LAB5<br>LEI: 2549002L1LBQZKA7UN30 | Long             | DBT              | CORP              | LU        |   2083000 | PA      | $1909536.72   | 0.40%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC       | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2295000 | PA      | $2294544.21   | 0.48%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.         | PURCHASED EUR / SOLD USD                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $32742.57     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                | Edgewell Personal Care Co                                                   | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    954000 | PA      | $949974.12    | 0.20%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings LLC         | Truist Insurance Holdings LLC 2nd Lien Term Loan                            | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1781579 | PA      | $1805710.43   | 0.38%             | 2032-05-06      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1974000 | PA      | $1758462.89   | 0.37%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                        | Constellium SE                                                              | CUSIP: 21039CAA2<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |   1000000 | PA      | $994775.20    | 0.21%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HRT DNT / HRT DNT FIN                 | Heartland Dental LLC / Heartland Dental Finance Corp                        | CUSIP: 42239PAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3390000 | PA      | $3583707.99   | 0.74%             | 2028-04-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| COUGAR JV SUBSIDIARY LLC              | Cougar JV Subsidiary LLC                                                    | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2361000 | PA      | $2518991.04   | 0.52%             | 2032-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.         | PURCHASED USD / SOLD EUR                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-205692.63   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                         | TopBuild Corp                                                               | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $946757.70    | 0.20%             | 2029-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                 | GFL Environmental Inc                                                       | CUSIP: 36168QAM6<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |   1631000 | PA      | $1574388.64   | 0.33%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $991470.08    | 0.21%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAVIS TIRE EXPRESS SERVI              | Mavis Tire Express Services Topco Corp                                      | CUSIP: 59155LAA0<br>LEI: 254900NVDM4GTLBL9E56 | Long             | DBT              | CORP              | US        |   2343000 | PA      | $2303332.31   | 0.48%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| MOLINA HEALTHCARE INC                 | Molina Healthcare Inc                                                       | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    944000 | PA      | $859889.03    | 0.18%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                   | Avantor Funding Inc                                                         | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   1022000 | PA      | $1004298.04   | 0.21%             | 2028-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                   | Prestige Brands Inc                                                         | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |   1119000 | PA      | $1031903.53   | 0.21%             | 2031-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                | Cushman & Wakefield US Borrower LLC                                         | CUSIP: 23166MAC7<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |   1557000 | PA      | $1673175.49   | 0.35%             | 2031-09-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| NUFARM AUSTRALIA/AMERICA              | Nufarm Australia Ltd / Nufarm Americas Inc                                  | CUSIP: 67052NAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    867000 | PA      | $800680.57    | 0.17%             | 2030-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                     | Clean Harbors Inc                                                           | CUSIP: 184496AN7<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497902.10    | 0.10%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KORN/FERRY INTERNATIONAL              | Korn Ferry                                                                  | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |   2366000 | PA      | $2356770.94   | 0.49%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                   | Axon Enterprise Inc                                                         | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    360000 | PA      | $371578.19    | 0.08%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                     | Lithia Motors Inc                                                           | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |   1173000 | PA      | $1164743.72   | 0.24%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                 | Scripps Escrow II Inc                                                       | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    761000 | PA      | $663165.84    | 0.14%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| State Street Bank & Trust Co.         | PURCHASED USD / SOLD EUR                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-7992.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC              | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                         | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    793000 | PA      | $710019.01    | 0.15%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| State Street Bank & Trust Co.         | PURCHASED USD / SOLD GBP                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-189.54      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN              | TerraForm Power Operating LLC                                               | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   1402000 | PA      | $1388673.57   | 0.29%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                        | Rocket Cos Inc                                                              | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1060000 | PA      | $1080834.30   | 0.22%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                 | McGraw-Hill Education Inc                                                   | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   2306000 | PA      | $2349518.83   | 0.49%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| WALKER & DUNLOP INC                   | Walker & Dunlop Inc                                                         | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3035000 | PA      | $3121809.98   | 0.65%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                 | Bath & Body Works Inc                                                       | CUSIP: 532716AK3<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   1244000 | PA      | $1282338.84   | 0.27%             | 2033-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| ESC GCB144A ENVIVA PAR                | ESC GCB144A ENVIVA PAR                                                      | CUSIP: 294ESCAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1451000 | PA      | $0.00         | 0.00%             | 2026-01-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| TAYLOR MORRISON COMM                  | Taylor Morrison Communities Inc                                             | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    306000 | PA      | $310805.42    | 0.06%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CMG MEDIA CORPORATION                 | CMG Media Corporation 2024 Term Loan                                        | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    755272 | PA      | $733924.40    | 0.15%             | 2029-06-18      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER                 | Panther Escrow Issuer LLC                                                   | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1768000 | PA      | $1837669.81   | 0.38%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                | WESCO Distribution Inc                                                      | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1399364.90   | 0.29%             | 2032-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| EVERGREEN ACQCO/TVI INC               | Evergreen Acqco 1 LP / TVI Inc                                              | CUSIP: 30015DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1599000 | PA      | $1674008.32   | 0.35%             | 2028-04-26      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| JAZZ FINANCING LUX SARL               | Jazz Financing Lux Sarl 2024 1st Lien Term Loan B                           | CUSIP: 000000000<br>LEI: 635400WUEO2NSG5OIU34 | Long             | LON              | CORP              | LU        |    998494 | PA      | $1003975.35   | 0.21%             | 2028-05-05      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI              | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC             | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   5440000 | PA      | $5453708.80   | 1.13%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                      | CSC Holdings LLC                                                            | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    740000 | PA      | $707137.76    | 0.15%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                      | APi Group DE Inc                                                            | CUSIP: 00185PAA9<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |   2577000 | PA      | $2539552.58   | 0.53%             | 2029-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SNF GROUP SACA                        | SNF Group SACA                                                              | CUSIP: 000000000<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115280.69    | 0.02%             | 2029-02-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP               | Asbury Automotive Group Inc                                                 | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    162000 | PA      | $154239.15    | 0.03%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors          | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |  39906570 | NS      | $39906570.00  | 8.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MCGRAW-HILL EDUCATION                 | McGraw-Hill Education Inc                                                   | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1354030.33   | 0.28%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SABLE INTL FINANCE LTD                | Sable International Finance Ltd                                             | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |    942000 | PA      | $945322.43    | 0.20%             | 2032-10-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                | Clydesdale Acquisition Holdings Inc                                         | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   2056000 | PA      | $2104344.78   | 0.44%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                      | CSC Holdings LLC                                                            | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1396000 | PA      | $1328686.00   | 0.28%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| MASTERBRAND INC                       | Masterbrand Inc                                                             | CUSIP: 57638PAA2<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | DBT              | CORP              | US        |   2088000 | PA      | $2135130.09   | 0.44%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                | Group 1 Automotive Inc                                                      | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    380000 | PA      | $390920.44    | 0.08%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| KB HOME                               | KB Home                                                                     | CUSIP: 48666KAZ2<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69673.19     | 0.01%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| SOMNIGROUP INTL INC                   | Somnigroup International Inc                                                | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |   4110000 | PA      | $3741020.23   | 0.78%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BELRON UK FINANCE PLC                 | Belron UK Finance PLC                                                       | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |   2286000 | PA      | $2306730.13   | 0.48%             | 2029-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST               | Pebblebrook Hotel Trust                                                     | CUSIP: 70509VAA8<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | DBT              |  | US        |   1195000 | PA      | $1132361.05   | 0.24%             | 2026-12-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                        | NRG Energy Inc                                                              | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1354000 | PA      | $1504391.11   | 0.31%             | 2028-03-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI              | PetSmart Inc / PetSmart Finance Corp                                        | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1709000 | PA      | $1668008.51   | 0.35%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP              | Olympus Water US Holding Corp                                               | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1020840.00   | 0.21%             | 2031-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KB HOME                               | KB Home                                                                     | CUSIP: 48666KAY5<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |   1452000 | PA      | $1415207.77   | 0.29%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| INGLES MARKETS INC                    | Ingles Markets Inc                                                          | CUSIP: 457030AK0<br>LEI: 549300XH5RYBMYP8TF26 | Long             | DBT              | CORP              | US        |   2660000 | PA      | $2485747.39   | 0.52%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIKING BAKED GOODS ACQUI              | Viking Baked Goods Acquisition Corp                                         | CUSIP: 92676AAA5<br>LEI: 254900DBFD2H1FJK0893 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1208190.50   | 0.25%             | 2031-11-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                             | IQVIA Inc                                                                   | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    594000 | PA      | $592380.04    | 0.12%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                       | Fair Isaac Corp                                                             | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1996933.70   | 0.41%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS              | Focus Financial Partners LLC                                                | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |   2323000 | PA      | $2372802.80   | 0.49%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                           | McAfee Corp                                                                 | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   1438000 | PA      | $1359433.06   | 0.28%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| WR GRACE HOLDING LLC                  | WR Grace Holdings LLC                                                       | CUSIP: 92943GAE1<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    340000 | PA      | $348429.62    | 0.07%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CIMPRESS PLC                          | Cimpress PLC                                                                | CUSIP: 17186HAH5<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |   1437000 | PA      | $1373416.20   | 0.29%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.         | PURCHASED USD / SOLD EUR                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-3877.27     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AVIENT CORP                           | Avient Corp                                                                 | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |   2183000 | PA      | $2253191.51   | 0.47%             | 2030-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                     | Iliad Holding SASU                                                          | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    580000 | PA      | $620904.50    | 0.13%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                  | Pilgrim's Pride Corp                                                        | CUSIP: 72147KAH1<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1802405.20   | 0.37%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                  | Chart Industries Inc                                                        | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |   1389000 | PA      | $1483757.58   | 0.31%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                | Group 1 Automotive Inc                                                      | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |   1761000 | PA      | $1701182.53   | 0.35%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW FLYER HOLDINGS                    | New Flyer Holdings Inc                                                      | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1026000 | PA      | $1083283.35   | 0.23%             | 2030-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| REAL HERO MERGER SUB 2                | Real Hero Merger Sub 2 Inc                                                  | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2139000 | PA      | $1549476.20   | 0.32%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                             | IQVIA Inc                                                                   | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   1282000 | PA      | $1317214.22   | 0.27%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                         | Coherent Corp                                                               | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |    995000 | PA      | $978256.24    | 0.20%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VEND FIN IV              | Virgin Media Vendor Financing Notes IV DAC                                  | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |   1425000 | PA      | $1396002.11   | 0.29%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMPASS MINERALS INTERNA              | Compass Minerals International Inc                                          | CUSIP: 20451NAJ0<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1313085.03   | 0.27%             | 2030-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                    | AMN Healthcare Inc                                                          | CUSIP: 00175PAC7<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |   1033000 | PA      | $958286.42    | 0.20%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| ALLIANT HOLD / CO-ISSUER              | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer              | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $237374.72    | 0.05%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| INSIGHT ENTERPRS                      | Insight Enterprises Inc                                                     | CUSIP: 45765UAC7<br>LEI: 529900S8991TYW6YP792 | Long             | DBT              | CORP              | US        |   2010000 | PA      | $2072211.51   | 0.43%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP              | Olympus Water US Holding Corp                                               | CUSIP: 25259KAA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   3327000 | PA      | $3507589.56   | 0.73%             | 2028-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ESAB CORP                             | Esab Corp                                                                   | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |   1544000 | PA      | $1582771.38   | 0.33%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VM CONSOLIDATED INC                   | VM Consolidated Inc                                                         | CUSIP: 91835HAA0<br>LEI: 549300GCTGJLEBXJUK89 | Long             | DBT              | CORP              | US        |   2312000 | PA      | $2271427.64   | 0.47%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc                | Lumen Technologies Inc 2024 Extended Term Loan B2                           | CUSIP: 55024EAG0<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    647000 | PA      | $639876.53    | 0.13%             | 2030-04-15      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3129000 | PA      | $3033713.66   | 0.63%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                      | Sensata Technologies Inc                                                    | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    199000 | PA      | $190170.21    | 0.04%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                          | US Foods Inc                                                                | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   2490000 | PA      | $2448681.44   | 0.51%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US ACUTE CARE SOLUTIONS               | US Acute Care Solutions LLC                                                 | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2356000 | PA      | $2433012.93   | 0.51%             | 2029-05-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                 | Level 3 Financing Inc                                                       | CUSIP: 527298CD3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    674862 | PA      | $614124.42    | 0.13%             | 2030-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                        | Constellium SE                                                              | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |    845000 | PA      | $794632.34    | 0.17%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER              | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer              | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4251000 | PA      | $4257312.78   | 0.88%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VT TOPCO INC                          | VT Topco Inc                                                                | CUSIP: 91838PAA9<br>LEI: 5493007T812R37X02Y38 | Long             | DBT              | CORP              | US        |   2431000 | PA      | $2564962.69   | 0.53%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AlixPartners LLP                      | AlixPartners LLP 2021 USD Term Loan B                                       | CUSIP: 01642PBB1<br>LEI: 5493005G2MHUFTGARL57 | Long             | LON              | CORP              | US        |   2923345 | PA      | $2937610.75   | 0.61%             | 2028-02-04      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| WRANGLER HOLDCO CORP                  | Wrangler Holdco Corp                                                        | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    565000 | PA      | $588645.83    | 0.12%             | 2032-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                    | Ally Financial Inc                                                          | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1966000 | PA      | $1904342.29   | 0.40%             | 2026-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CARS.COM INC                          | Cars.com Inc                                                                | CUSIP: 14575EAA3<br>LEI: 5493002G6J07LNGX4M98 | Long             | DBT              | CORP              | US        |   1968000 | PA      | $1974565.25   | 0.41%             | 2028-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Services Corp.     | Mavis Tire Express Services Corp 2025 Repriced Term Loan                    | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |   1709351 | PA      | $1710658.28   | 0.36%             | 2028-05-04      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| NESCO HOLDINGS II INC                 | NESCO Holdings II Inc                                                       | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |   1485000 | PA      | $1447755.75   | 0.30%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pluto Acquisition I Inc               | Pluto Acquisition I Inc 2024 First Out Superpriority Term Loan              | CUSIP: 72941DAH5<br>LEI: 254900MOXD90LKQ6AY47 | Long             | LON              | CORP              | US        |    397662 | PA      | $403627.23    | 0.08%             | 2028-06-20      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                | Cushman & Wakefield US Borrower LLC                                         | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |   2032000 | PA      | $2050625.31   | 0.43%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET              | Smyrna Ready Mix Concrete LLC                                               | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   3344000 | PA      | $3337933.32   | 0.69%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                   | Axon Enterprise Inc                                                         | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    475000 | PA      | $489658.50    | 0.10%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Associated Materials Inc              | Associated Materials Inc 2022 Term Loan B                                   | CUSIP: 88607CAB1<br>LEI: 254900KM84WNG9539P42 | Long             | LON              | CORP              | US        |   2383621 | PA      | $2166115.79   | 0.45%             | 2029-03-08      | Floating      | 10.33%                | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC              | Team Health Holdings Inc                                                    | CUSIP: 87817AAB3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |   1484626 | PA      | $1612674.99   | 0.33%             | 2028-06-30      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC              | Celanese US Holdings LLC                                                    | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   1846000 | PA      | $1960793.51   | 0.41%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: —       |
| NEW HOME CO INC/THE                   | New Home Co Inc/The                                                         | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |   1794000 | PA      | $1862128.94   | 0.39%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                       | Madison IAQ LLC                                                             | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |   2087000 | PA      | $2054440.92   | 0.43%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ARCHES BUYER INC                      | Arches Buyer Inc                                                            | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |   1493000 | PA      | $1374465.65   | 0.29%             | 2028-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| OPTION CARE HEALTH INC                | Option Care Health Inc                                                      | CUSIP: 68404LAA0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | DBT              | CORP              | US        |   2368000 | PA      | $2280886.25   | 0.47%             | 2029-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                         | TopBuild Corp                                                               | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |   2051000 | PA      | $1903312.82   | 0.40%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                      | Wand NewCo 3 Inc                                                            | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |   3543000 | PA      | $3726630.15   | 0.77%             | 2032-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                  | Reworld Holding Corp                                                        | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |   1948000 | PA      | $1854756.64   | 0.39%             | 2029-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE              | Compass Group Diversified Holdings LLC                                      | CUSIP: 20451RAC6<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |    721000 | PA      | $610640.50    | 0.13%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                       | Yum! Brands Inc                                                             | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   1824000 | PA      | $1685661.82   | 0.35%             | 2031-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC       | CUSIP: 013092AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2108000 | PA      | $2074420.70   | 0.43%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                 | Molina Healthcare Inc                                                       | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   2502000 | PA      | $2328762.02   | 0.48%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                   | AssuredPartners Inc                                                         | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1297365.42   | 0.27%             | 2029-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                          | Novelis Corp                                                                | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492325.20    | 0.10%             | 2026-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                     | Clarios Global LP 2024 USD Term Loan B                                      | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |   1074600 | PA      | $1072923.62   | 0.22%             | 2030-05-06      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                      | CSC Holdings LLC                                                            | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    608000 | PA      | $429480.62    | 0.09%             | 2030-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CHOBANI HOLDCO II LLC                 | Chobani Holdco II LLC                                                       | CUSIP: 169918AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3818777 | PA      | $4098964.49   | 0.85%             | 2029-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN              | Virgin Media Secured Finance PLC                                            | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    241000 | PA      | $224133.49    | 0.05%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO              | Watco Cos LLC / Watco Finance Corp                                          | CUSIP: 941130AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2355000 | PA      | $2463461.88   | 0.51%             | 2032-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SPECIALTY BUILDING PRODU              | Specialty Building Products Holdings LLC / SBP Finance Corp                 | CUSIP: 84749AAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2970000 | PA      | $2921385.85   | 0.61%             | 2029-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                        | Gray Media Inc                                                              | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    976000 | PA      | $732679.53    | 0.15%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| CLOUD SOFTWARE GRP INC                | Cloud Software Group Inc                                                    | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   2446000 | PA      | $2537615.91   | 0.53%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Petco Health and Wellness Company Inc | Petco Health and Wellness Company Inc 2021 Term Loan B                      | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |   1227446 | PA      | $1133963.71   | 0.24%             | 2028-03-03      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                     | Lithia Motors Inc                                                           | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |   1324000 | PA      | $1259858.36   | 0.26%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GREYSTAR REAL ESTATE PAR              | Greystar Real Estate Partners LLC                                           | CUSIP: 39807UAD8<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |   5489000 | PA      | $5830547.54   | 1.21%             | 2030-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE              | Ashton Woods USA LLC / Ashton Woods Finance Co                              | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2005000 | PA      | $1914344.53   | 0.40%             | 2030-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CALDERYS FINANCING II                 | Calderys Financing II LLC                                                   | CUSIP: 12878AAA9<br>LEI: 254900CB1N9CREDQAK86 | Long             | DBT              | CORP              | US        |   1579000 | PA      | $1641019.96   | 0.34%             | 2028-06-01      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| NRG Energy Inc                        | NRG Energy Inc                                                              | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1021000 | PA      | $1026803.36   | 0.21%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                        | NRG Energy Inc                                                              | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    707000 | PA      | $720767.43    | 0.15%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                        | Rocket Cos Inc                                                              | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1628876.33   | 0.34%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY              | Standard Industries Inc/NY                                                  | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1979215.40   | 0.41%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JONES DESLAURIERS INSURA              | Jones Deslauriers Insurance Management Inc                                  | CUSIP: 48020RAA3<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |   2103000 | PA      | $2243118.49   | 0.47%             | 2030-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                      | Vmed O2 UK Financing I PLC                                                  | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   1540000 | PA      | $1425503.02   | 0.30%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP               | Asbury Automotive Group Inc                                                 | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    398000 | PA      | $384568.53    | 0.08%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDING              | JH North America Holdings Inc                                               | CUSIP: 46593WAB1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |    757000 | PA      | $770042.36    | 0.16%             | 2032-07-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC               | Stagwell Global LLC                                                         | CUSIP: 59565JAA9<br>LEI: 984500904E015Z0C1F82 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1268773.23   | 0.26%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                     | CI Financial Corp                                                           | CUSIP: 125491AP5<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |   1100000 | PA      | $782793.12    | 0.16%             | 2051-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                 | Bath & Body Works Inc                                                       | CUSIP: 501797AW4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    435000 | PA      | $448784.72    | 0.09%             | 2030-10-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                  | Sonic Automotive Inc                                                        | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |   2129000 | PA      | $2067229.83   | 0.43%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| LIFEPOINT HEALTH INC                  | LifePoint Health Inc                                                        | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   2679000 | PA      | $2499239.10   | 0.52%             | 2029-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| XPLR INFRAST OPERATING                | XPLR Infrastructure Operating Partners LP                                   | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    924000 | PA      | $901291.78    | 0.19%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDING              | JH North America Holdings Inc                                               | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |   1593000 | PA      | $1607905.69   | 0.33%             | 2031-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AHP HEALTH PARTN                      | AHP Health Partners Inc                                                     | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |    478000 | PA      | $466523.65    | 0.10%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                  | Sonic Automotive Inc                                                        | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    816000 | PA      | $776098.66    | 0.16%             | 2031-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS              | Ferrellgas LP / Ferrellgas Finance Corp                                     | CUSIP: 315289AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1731000 | PA      | $1602905.13   | 0.33%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CLYDESDALE ACQUISITION                | Clydesdale Acquisition Holdings Inc                                         | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   1522000 | PA      | $1562932.45   | 0.32%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE              | Compass Group Diversified Holdings LLC                                      | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |   1406000 | PA      | $1263211.98   | 0.26%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PetSmart Inc                          | PetSmart Inc 2021 Term Loan B                                               | CUSIP: 71677HAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2758080 | PA      | $2735670.67   | 0.57%             | 2028-02-11      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN              | Clarios Global LP / Clarios US Finance Co                                   | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1238000 | PA      | $1288246.71   | 0.27%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                  | LifePoint Health Inc                                                        | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    655000 | PA      | $709336.84    | 0.15%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp                      | IRB Holding Corp 2024 1st Lien Term Loan B                                  | CUSIP: 44988LAL1<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |   2866449 | PA      | $2869444.33   | 0.60%             | 2027-12-15      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN              | Virgin Media Secured Finance PLC                                            | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |   1107000 | PA      | $1089517.75   | 0.23%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC              | Celanese US Holdings LLC                                                    | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    418000 | PA      | $422679.93    | 0.09%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| PHOENIX AVIATION CAPITAL              | Phoenix Aviation Capital Ltd                                                | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |   2268000 | PA      | $2350798.90   | 0.49%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                        | Azorra Finance Ltd                                                          | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |   1004000 | PA      | $1027516.07   | 0.21%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SCIENCE APPLICATIONS INT              | Science Applications International Corp                                     | CUSIP: 808625AA5<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |   1434000 | PA      | $1412663.80   | 0.29%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                    | Seagate HDD Cayman                                                          | CUSIP: 81180WBM2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |   1326740 | PA      | $1496660.90   | 0.31%             | 2032-12-01      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                | EquipmentShare.com Inc                                                      | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   1580000 | PA      | $1681024.95   | 0.35%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I              | Performance Food Group Inc                                                  | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   2496000 | PA      | $2409236.29   | 0.50%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                    | Seagate HDD Cayman                                                          | CUSIP: 81180WBC4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    328000 | PA      | $314489.71    | 0.07%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO              | Clear Channel Outdoor Holdings Inc                                          | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   1072000 | PA      | $1107541.09   | 0.23%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                    | AMN Healthcare Inc                                                          | CUSIP: 00175PAB9<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |    122000 | PA      | $118747.53    | 0.02%             | 2027-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                   | Clarivate Science Holdings Corp                                             | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1293000 | PA      | $1218764.90   | 0.25%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Emrld Borrower LP                     | EMRLD Borrower LP Term Loan B                                               | CUSIP: 26872NAC3<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |   2314807 | PA      | $2315768.07   | 0.48%             | 2030-05-31      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC              | Virgin Media Finance PLC                                                    | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |    332000 | PA      | $303677.28    | 0.06%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                 | Ellucian Holdings Inc                                                       | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |   1127000 | PA      | $1155393.64   | 0.24%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                 | Playtika Holding Corp                                                       | CUSIP: 72815LAA5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | DBT              | CORP              | US        |   1887000 | PA      | $1714197.98   | 0.36%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                | Clearway Energy Operating LLC                                               | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   1221000 | PA      | $1207234.57   | 0.25%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC              | Builders FirstSource Inc                                                    | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2550807.50   | 0.53%             | 2034-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                   | Hudbay Minerals Inc                                                         | CUSIP: 443628AH5<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |    995000 | PA      | $1011240.39   | 0.21%             | 2029-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1574000 | PA      | $1501603.24   | 0.31%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ZEGONA FINANCE PLC                    | Zegona Finance PLC                                                          | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |   3008000 | PA      | $3217040.96   | 0.67%             | 2029-07-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| KEN GARFF AUTOMOTIVE LLC              | Ken Garff Automotive LLC                                                    | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1490000 | PA      | $1472385.52   | 0.31%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc                 | GFL Environmental Inc                                                       | CUSIP: 36168Q104<br>LEI: 549300FYK4MBXWIVZU26 | Long             | EC               | CORP              | CA        |     47500 | NS      | $2396850.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL ENVIRONMENTAL INC                 | GFL Environmental Inc                                                       | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |   1500000 | PA      | $1455990.59   | 0.30%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP              | Chobani LLC / Chobani Finance Corp Inc                                      | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1893611.28   | 0.39%             | 2029-07-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                              | Ziggo BV                                                                    | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |    506000 | PA      | $473175.07    | 0.10%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC              | Cloud Software Group Inc 2024 1st Lien Term Loan B                          | CUSIP: 88632NBF6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |   1543160 | PA      | $1546578.45   | 0.32%             | 2029-03-29      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                   | Medline Borrower LP                                                         | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   3989000 | PA      | $3960816.92   | 0.82%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR CREDIT CO LLC              | Ford Motor Credit Co LLC                                                    | CUSIP: 345397D42<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1368648.31   | 0.28%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                 | McGraw-Hill Education Inc                                                   | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    860000 | PA      | $897755.08    | 0.19%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                | Edgewell Personal Care Co                                                   | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |   1333000 | PA      | $1260391.76   | 0.26%             | 2029-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY              | Standard Industries Inc/NY                                                  | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1121000 | PA      | $1006109.83   | 0.21%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                   | Avantor Funding Inc                                                         | CUSIP: 000000000<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    600000 | PA      | $705931.10    | 0.15%             | 2028-07-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                 | Level 3 Financing Inc                                                       | CUSIP: 527298CB7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    181649 | PA      | $170523.00    | 0.04%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TMS INTERNATIONAL CORP                | TMS International Corp/DE                                                   | CUSIP: 87261QAC7<br>LEI: 549300L4K0F1YF8WKF23 | Long             | DBT              | CORP              | US        |   2790000 | PA      | $2655054.40   | 0.55%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FORTREA HOLDINGS INC                  | Fortrea Holdings Inc                                                        | CUSIP: 34965KAA5<br>LEI: 5493000FIVFABOVCDU97 | Long             | DBT              | CORP              | US        |   1227000 | PA      | $1112183.97   | 0.23%             | 2030-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Darling Ingredients Inc               | Darling Ingredients Inc                                                     | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499418.95    | 0.10%             | 2027-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                          | Seaspan Corp                                                                | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |   1874000 | PA      | $1783122.99   | 0.37%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                 | Hightower Holding LLC                                                       | CUSIP: 43118DAB6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |   1997000 | PA      | $2127879.63   | 0.44%             | 2030-01-31      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS              | LCM Investments Holdings II LLC                                             | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |    209000 | PA      | $222379.76    | 0.05%             | 2031-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC              | Morgan Stanley Institutional Liquidity Funds - Government Portfolio         | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  19474657 | NS      | $19474656.58  | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corporation              | Primo Brands Corporation 2025 Term Loan B                                   | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |   2780782 | PA      | $2793906.97   | 0.58%             | 2028-03-31      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                 | GFL Environmental Inc                                                       | CUSIP: 36168QAN4<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |   1343000 | PA      | $1326144.68   | 0.28%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ACUSHNET CO                           | Acushnet Co                                                                 | CUSIP: 005095AA2<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |   2661000 | PA      | $2776958.40   | 0.58%             | 2028-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                  | Taylor Morrison Communities Inc                                             | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |   2309000 | PA      | $2302408.96   | 0.48%             | 2030-08-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SNAP INC                              | Snap Inc                                                                    | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |   2125000 | PA      | $2181845.81   | 0.45%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                    | Ford Motor Co                                                               | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   2109000 | PA      | $1623418.99   | 0.34%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IMOLA MERGER CORP                     | Imola Merger Corp                                                           | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3607000 | PA      | $3484821.53   | 0.72%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                      | CSC Holdings LLC                                                            | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    936000 | PA      | $649358.46    | 0.13%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| CLEAN HARBORS INC                     | Clean Harbors Inc                                                           | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    280000 | PA      | $287072.24    | 0.06%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER              | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer              | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1104000 | PA      | $1142822.16   | 0.24%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                      | Arches Buyer Inc                                                            | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    565000 | PA      | $541151.75    | 0.11%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1186000 | PA      | $1108676.92   | 0.23%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS              | EMRLD Borrower LP / Emerald Co-Issuer Inc                                   | CUSIP: 29103CAA6<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |   1981000 | PA      | $2027398.98   | 0.42%             | 2030-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC              | Sensata Technologies Inc                                                    | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |   1511000 | PA      | $1378767.71   | 0.29%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   2002000 | PA      | $1829461.63   | 0.38%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| AMWINS GROUP INC                      | AmWINS Group Inc                                                            | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   2670000 | PA      | $2596413.47   | 0.54%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                     | Herc Holdings Inc                                                           | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    820000 | PA      | $859730.04    | 0.18%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                | XPLR Infrastructure Operating Partners LP                                   | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   1341000 | PA      | $1438285.53   | 0.30%             | 2033-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: —       |
| PERRIGO FINANCE UNLIMITD              | Perrigo Finance Unlimited Co                                                | CUSIP: 714295AA0<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    513000 | PA      | $401568.71    | 0.08%             | 2044-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                   | Hudbay Minerals Inc                                                         | CUSIP: 443628AJ1<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |   1721000 | PA      | $1711377.54   | 0.36%             | 2026-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE 3 INC           | Fortress Intermediate 3 Inc Term Loan B                                     | CUSIP: 34966LAB0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | LON              | CORP              | US        |   4183388 | PA      | $4199075.20   | 0.87%             | 2031-06-27      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                     | Lithia Motors Inc                                                           | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    958000 | PA      | $914396.34    | 0.19%             | 2029-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                      | Cinemark USA Inc                                                            | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |   1517000 | PA      | $1510904.39   | 0.31%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN              | TerraForm Power Operating LLC                                               | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1005938.33   | 0.21%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                | WESCO Distribution Inc                                                      | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    853000 | PA      | $864175.06    | 0.18%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VENDOR FIN               | Virgin Media Vendor Financing Notes III DAC                                 | CUSIP: 000000000<br>LEI: 635400SSKC2QCGEPIQ43 | Long             | DBT              | CORP              | IE        |    283000 | PA      | $370979.17    | 0.08%             | 2028-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                  | LifePoint Health Inc                                                        | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    645000 | PA      | $666230.18    | 0.14%             | 2032-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| WR GRACE HOLDING LLC                  | WR Grace Holdings LLC                                                       | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    345000 | PA      | $312613.51    | 0.06%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE              | Perrigo Finance Unlimited Co                                                | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |   2023000 | PA      | $1990478.05   | 0.41%             | 2030-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| AMENTUM HOLDINGS INC                  | Amentum Holdings Inc                                                        | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |   2682000 | PA      | $2762079.16   | 0.57%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                | XPLR Infrastructure Operating Partners LP                                   | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   1347000 | PA      | $1439786.75   | 0.30%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| State Street Bank & Trust Co.         | PURCHASED USD / SOLD GBP                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-8380.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc                | Lumen Technologies Inc 2024 Extended Term Loan B1                           | CUSIP: 55024EAF2<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    512000 | PA      | $506562.56    | 0.11%             | 2029-04-16      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| LEEWARD RENEWABL                      | Leeward Renewable Energy Operations LLC                                     | CUSIP: 524590AA4<br>LEI: 254900EVJU1A57NUX379 | Long             | DBT              | CORP              | US        |   2436000 | PA      | $2276066.44   | 0.47%             | 2029-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WINDSOR HOLDINGS III LLC              | Windsor Holdings III LLC                                                    | CUSIP: 97360AAA5<br>LEI: 254900IXUJZ9H146T437 | Long             | DBT              | CORP              | US        |   2793000 | PA      | $2996546.49   | 0.62%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C              | Outfront Media Capital LLC / Outfront Media Capital Corp                    | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1187000 | PA      | $1257595.64   | 0.26%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                 | ON Semiconductor Corp                                                       | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |   1804000 | PA      | $1746667.08   | 0.36%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BRUNDAGE-BONE CONCRETE                | Brundage-Bone Concrete Pumping Holdings Inc                                 | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    925000 | PA      | $917503.77    | 0.19%             | 2032-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                        | NRG Energy Inc                                                              | CUSIP: 629377CW0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1036000 | PA      | $1046972.28   | 0.22%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER              | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer              | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    317000 | PA      | $323292.13    | 0.07%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                 | Bath & Body Works Inc                                                       | CUSIP: 501797AM6<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    196000 | PA      | $199523.88    | 0.04%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Team Health Holdings Inc              | Team Health Holdings Inc 2022 Term Loan B                                   | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |   2173569 | PA      | $2166092.33   | 0.45%             | 2027-03-02      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                  | Reworld Holding Corp                                                        | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1136778.48   | 0.24%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENVIVA LLC                            | ENVIVA LLC                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |     46181 | NS      | $906302.13    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC               | Darling Ingredients Inc                                                     | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    711000 | PA      | $721003.06    | 0.15%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN              | Clarios Global LP / Clarios US Finance Co                                   | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    854000 | PA      | $859341.77    | 0.18%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BELLRING BRANDS INC                   | BellRing Brands Inc                                                         | CUSIP: 07831CAA1<br>LEI: 549300S3BOK5CMTS8054 | Long             | DBT              | CORP              | US        |   2032000 | PA      | $2118114.13   | 0.44%             | 2030-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP               | Asbury Automotive Group Inc                                                 | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |   1118000 | PA      | $1083284.42   | 0.23%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                          | Novelis Corp                                                                | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   2085000 | PA      | $1875145.21   | 0.39%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| SHIFT4 PAYMENTS LLC/FIN               | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                       | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1832000 | PA      | $1903803.41   | 0.40%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION              | Adtalem Global Education Inc                                                | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |   3102000 | PA      | $3078822.48   | 0.64%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC              | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                         | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1699000 | PA      | $1615765.48   | 0.34%             | 2029-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| WASH MULTIFAM ACQ INC                 | WASH Multifamily Acquisition Inc                                            | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |   1697000 | PA      | $1692098.22   | 0.35%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                     | Clean Harbors Inc                                                           | CUSIP: 184496AP2<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990453.30    | 0.21%             | 2029-07-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ATLANTICA SUSTAIN INFRA               | Atlantica Sustainable Infrastructure Ltd                                    | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    575000 | PA      | $550121.99    | 0.11%             | 2028-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ESC CB NATIONAL CINEME                | ESC CB NATIONAL CINEME                                                      | CUSIP: 635ESCAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    679000 | PA      | $0.00         | 0.00%             | 2026-08-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Signal Parent Inc                     | Signal Parent Inc Term Loan B                                               | CUSIP: 82666KAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1184759 | PA      | $825071.89    | 0.17%             | 2028-04-03      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY              | Standard Industries Inc/NY                                                  | CUSIP: 000000000<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1157000 | PA      | $1350564.64   | 0.28%             | 2026-11-21      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| Hanesbrands, Inc.                     | Hanesbrands Inc 2025 Term Loan B                                            | CUSIP: 410346AY6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | LON              | CORP              | US        |   1070100 | PA      | $1074224.88   | 0.22%             | 2032-03-07      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.         | PURCHASED USD / SOLD GBP                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-35.86       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MSCI INC                              | MSCI Inc                                                                    | CUSIP: 55354GAL4<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   1435000 | PA      | $1354131.72   | 0.28%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BALL CORP                             | Ball Corp                                                                   | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    802000 | PA      | $821222.34    | 0.17%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                           | Gartner Inc                                                                 | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    788000 | PA      | $749789.01    | 0.16%             | 2029-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS              | LCM Investments Holdings II LLC                                             | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1211728.23   | 0.25%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC                      | HealthEquity Inc                                                            | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |   2021000 | PA      | $1967509.79   | 0.41%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC              | Celanese US Holdings LLC                                                    | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    500000 | PA      | $512149.00    | 0.11%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                           | Avient Corp                                                                 | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    870000 | PA      | $878676.51    | 0.18%             | 2031-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                | AthenaHealth Group Inc                                                      | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   6550000 | PA      | $6453161.53   | 1.34%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| BOOST NEWCO BORROWER LLC              | Boost Newco Borrower LLC                                                    | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |   1522000 | PA      | $1616706.45   | 0.34%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD              | Primo Water Holdings Inc / Triton Water Holdings Inc                        | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1456000 | PA      | $1467357.59   | 0.30%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                     | Iliad Holding SASU                                                          | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    795000 | PA      | $815535.65    | 0.17%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TOUCAN FINCO LTD/CAN/US               | Toucan FinCo Ltd/Toucan FinCo Can Inc/Toucan FinCo US LLC                   | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   2294000 | PA      | $2346940.31   | 0.49%             | 2030-05-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                   | Diebold Nixdorf Inc                                                         | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |   2095000 | PA      | $2227812.61   | 0.46%             | 2030-03-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                            | Arcosa Inc                                                                  | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |   1935000 | PA      | $2009391.08   | 0.42%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                    | CP Atlas Buyer Inc                                                          | CUSIP: 12597YAA7<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |   2137000 | PA      | $1979710.50   | 0.41%             | 2028-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| NOVELIS CORP                          | Novelis Corp                                                                | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    927000 | PA      | $888827.72    | 0.18%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    850000 | PA      | $900209.84    | 0.19%             | 2029-09-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I                | Vmed O2 UK Financing I PLC                                                  | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    520000 | PA      | $541006.44    | 0.11%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO              | Clear Channel Outdoor Holdings Inc                                          | CUSIP: 18453HAC0<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1607817.50   | 0.33%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| COMPASS MINERALS INTERNA              | Compass Minerals International Inc                                          | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |   1043000 | PA      | $1052358.84   | 0.22%             | 2027-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSALTA CORP                        | TransAlta Corp                                                              | CUSIP: 89346DAH0<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |   2246000 | PA      | $2361233.28   | 0.49%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE               | Avis Budget Car Rental LLC / Avis Budget Finance Inc                        | CUSIP: 053773BK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    440000 | PA      | $460635.56    | 0.10%             | 2032-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    687000 | PA      | $684965.45    | 0.14%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                 | Level 3 Financing Inc                                                       | CUSIP: 527298CF8<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    213000 | PA      | $185842.50    | 0.04%             | 2030-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                | Cloud Software Group Inc                                                    | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1282000 | PA      | $1294766.16   | 0.27%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT INC                         | Open Text Holdings Inc                                                      | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1352000 | PA      | $1279046.08   | 0.27%             | 2030-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CMG MEDIA CORPORATION                 | CMG Media Corp                                                              | CUSIP: 125773AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    715800 | PA      | $676547.91    | 0.14%             | 2029-06-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                     | Herc Holdings Inc                                                           | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    955000 | PA      | $997958.13    | 0.21%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                        | Constellium SE                                                              | CUSIP: 000000000<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |   1150000 | PA      | $1306485.68   | 0.27%             | 2029-07-15      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: —       |
| ENCOMPASS HEALTH CORP                 | Encompass Health Corp                                                       | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   1247000 | PA      | $1232151.11   | 0.26%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP              | Chobani LLC / Chobani Finance Corp Inc                                      | CUSIP: 17027NAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1518000 | PA      | $1491359.25   | 0.31%             | 2028-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY                        | Ryan Specialty LLC                                                          | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   3212000 | PA      | $3239321.27   | 0.67%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT              | Pattern Energy Operations LP / Pattern Energy Operations Inc                | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1635000 | PA      | $1585110.10   | 0.33%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS               | Surgery Center Holdings Inc                                                 | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |   1681000 | PA      | $1715060.54   | 0.36%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| CONCENTRA HEALTH SERVICE              | Concentra Health Services Inc                                               | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |    901000 | PA      | $933988.91    | 0.19%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                  | WR Grace Holdings LLC                                                       | CUSIP: 92943GAD3<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   1163000 | PA      | $1157734.87   | 0.24%             | 2027-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-25

**Name of Applicant:** The Calvert Fund

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer