# EDGAR Filing Document

**Accession Number:** 0000809593
**File Stem:** 0001752724-23-036986
**Filing Date:** 2023-2
**Character Count:** 70690
**Document Hash:** 733cf6190d73b3283f24a6214f288d72
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-036986.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-036986

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN BEACON FUNDS
- **CENTRAL INDEX KEY:** 0000809593
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04984
- **FILM NUMBER:** 23658741

**BUSINESS ADDRESS:**
- **STREET 1:** 220 EAST LAS COLINAS BOULEVARD
- **STREET 2:** SUITE 1200
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039
- **BUSINESS PHONE:** 8173916100

**MAIL ADDRESS:**
- **STREET 1:** 220 EAST LAS COLINAS BOULEVARD
- **STREET 2:** SUITE 1200
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN AADVANTAGE FUNDS
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN EAGLE FUNDS
- **DATE OF NAME CHANGE:** 19890813

## Series and Classes Contracts Data

### American Beacon TwentyFour Strategic Income Fund (Series ID: S000056913)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000180737 | R5 Class       | TFGIX           |
| C000180738 | Investor Class | TFGPX           |
| C000180741 | Y Class        | TFGYX           |
| C000205755 | A Class        | TFSAX           |
| C000205756 | C Class        | TFGCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AMERICAN BEACON FUNDS

- **b. Investment Company Act file number:** 811-04984

- **c. CIK number of Registrant:** 0000809593

- **d. LEI of Registrant:** 549300EXCES9V5RWB620

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

  - **Street Address 1:** 220 EAST LAS COLINAS BOULEVARD

  - **City:** IRVING

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75039

  - **Telephone number:** 817-391-6100

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

- **a. Name of Series:** American Beacon TwentyFour Strategic Income Fund

- **b. EDGAR series identifier (if any):** S000056913

- **c. LEI of Series:** 549300UG4J9G1M2VA661

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $91984317.00

**Total Liabilities:** $1181999.56

**Net Assets:** $90802317.44

**Cash Not Reported:** $367351.10

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -17.33000000 | **1-Year:** -466.48000000 | **5-Year:** -2160.12000000 | **10-Year:** -3863.97000000 | **30-Year:** -5109.26000000

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

- **3-Month:** -123.31000000 | **1-Year:** -5219.69000000 | **5-Year:** -13171.35000000 | **10-Year:** -9704.19000000 | **30-Year:** -12471.95000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000180737 | 1.66%                | 4.05%                | 0.83%                |
| Class ID C000180741 | 1.54%                | 4.18%                | 0.72%                |
| Class ID C000205756 | 1.49%                | 4.06%                | 0.62%                |
| Class ID C000180738 | 1.55%                | 4.11%                | 0.73%                |
| Class ID C000205755 | 1.56%                | 4.11%                | 0.73%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2378090.91             | $5380382.34                                |
| Month 2  | $-6506215.86             | $10306198.59                               |
| Month 3  | $-4344050.25             | $4404740.64                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UNITED AIRLINES INC                          | United Airlines, Inc.                                                            | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    675000 | PA      | $625675.05    | 0.69%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                              | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    300000 | PA      | $277203.00    | 0.31%             | 2026-06-08      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS PLC                                 | Barclays PLC                                                                     | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1240000 | PA      | $1371632.81   | 1.51%             | 2025-12-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| AIB GROUP PLC                                | AIB Group PLC                                                                    | CUSIP: 000000000<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $999750.59    | 1.10%             | 2025-06-23      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                     | Bellis Acquisition Co. PLC                                                       | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202080.36    | 0.22%             | 2026-02-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GALAXY BIDCO LTD                             | Galaxy Bidco Ltd.                                                                | CUSIP: 000000000<br>LEI: 2138006O8YW3QCHKDY76 | Long             | DBT              | CORP              | JE        |    410000 | PA      | $419832.10    | 0.46%             | 2026-07-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                       | Credit Suisse Group AG                                                           | CUSIP: 225401AL2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    820000 | PA      | $587650.97    | 0.65%             | 2026-08-21      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| RRE Loan Management                          | RRE 5 Loan Management DAC                                                        | CUSIP: 000000000<br>LEI: 549300D6UNTEPRSJ6X22 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $856968.68    | 0.94%             | 2037-01-15      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                          | Petroleos Mexicanos                                                              | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $495851.94    | 0.55%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| American Beacon U.S. Government Money Market | American Beacon U.S. Government Money Market                                     | CUSIP: 02368W200<br>LEI: 549300EXCES9V5RWB620 | Long             | STIV             | RF                | US        |    329426 | NS      | $329425.59    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Sabadell SA                         | Banco de Sabadell SA                                                             | CUSIP: 000000000<br>LEI: SI5RG2M0WQQLZCXKRM20 | Long             | DBT              | CORP              | ES        |    600000 | PA      | $624819.23    | 0.69%             | 2023-02-23      | Fixed         | 8.52%                 | Yes           |                  2 | On Loan: No      |
| NETWORK I2I LTD                              | Network i2i Ltd.                                                                 | CUSIP: 64132NAC0<br>LEI: 2549003L8M1FGHLHOX45 | Long             | DBT              | CORP              | MU        |    500000 | PA      | $435000.00    | 0.48%             | 2026-03-03      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                           | Banco Santander SA                                                               | CUSIP: 05971KAH2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    800000 | PA      | $647790.21    | 0.71%             | 2026-11-12      | Fixed         | 4.75%                 | 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      | $3135.31      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                       | Credit Suisse Group AG                                                           | CUSIP: 000000000<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   1200000 | PA      | $958943.62    | 1.06%             | 2023-07-17      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| DEUT PFANDBRIEFBANK AG                       | Deutsche Pfandbriefbank AG                                                       | CUSIP: 000000000<br>LEI: DZZ47B9A52ZJ6LT6VV95 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $323228.65    | 0.36%             | 2023-04-28      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Voya Euro CLO                                | Voya Euro CLO III DAC                                                            | CUSIP: 000000000<br>LEI: 635400K38PBPFZARQW28 | Long             | ABS-CBDO         | CORP              | IE        |   1300000 | PA      | $1013915.31   | 1.12%             | 2033-04-15      | Floating      | 9.28%                 | Yes           |                  2 | On Loan: No      |
| KENBOURNE INVEST SA                          | Kenbourne Invest SA                                                              | CUSIP: 48855KAC4<br>LEI: 222100QGH6Y9KFYZ4B27 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $155997.71    | 0.17%             | 2028-01-22      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                             | Societe Generale SA                                                              | CUSIP: 83370RAA6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    530000 | PA      | $429372.49    | 0.47%             | 2030-11-18      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BELLIS FINCO PLC                             | Bellis Finco PLC                                                                 | CUSIP: 000000000<br>LEI: 259400ELWH6Z4ICFTD70 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $308680.26    | 0.34%             | 2027-02-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                      | Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.                      | CUSIP: 87470LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $560170.85    | 0.62%             | 2027-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies Euro        | Carlyle Global Market Strategies Euro CLO DAC                                    | CUSIP: 000000000<br>LEI: 6354007AVY2HEYFLJH66 | Long             | ABS-CBDO         | CORP              | IE        |    500000 | PA      | $422390.81    | 0.47%             | 2031-05-17      | Floating      | 6.57%                 | 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      | $570.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Segovia European CLO 5 - 2018 DAC            | Segovia European CLO DAC                                                         | CUSIP: 000000000<br>LEI: 63540055XQRTXEYFCF15 | Long             | ABS-CBDO         | CORP              | IE        |   1190000 | PA      | $1012573.91   | 1.12%             | 2031-10-18      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| Man GLG Euro CLO                             | Man GLG Euro CLO II DAC                                                          | CUSIP: 000000000<br>LEI: 635400X2U1WG8KFSIE39 | Long             | ABS-CBDO         | CORP              | IE        |    200000 | PA      | $164491.69    | 0.18%             | 2030-01-15      | Floating      | 10.13%                | Yes           |                  2 | On Loan: No      |
| LA FINAC ATALIAN SA                          | La Financiere Atalian SASU                                                       | CUSIP: 000000000<br>LEI: 969500ICOLJMB33J0L87 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $146211.41    | 0.16%             | 2025-05-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                       | BBVA Bancomer SA                                                                 | CUSIP: 000000000<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $179538.93    | 0.20%             | 2033-01-18      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BAWAG GROUP AG                               | BAWAG Group AG                                                                   | CUSIP: 000000000<br>LEI: 529900S9YO2JHTIIDG38 | Long             | DBT              | CORP              | AT        |   1000000 | PA      | $877768.58    | 0.97%             | 2025-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                     | Banco Mercantil del Norte SA                                                     | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $390000.00    | 0.43%             | 2024-09-27      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                       | BBVA Bancomer SA                                                                 | CUSIP: 000000000<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $369245.56    | 0.41%             | 2034-09-13      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| QBE INSURANCE GROUP LTD                      | QBE Insurance Group Ltd.                                                         | CUSIP: 000000000<br>LEI: 549300D2FBW76FPUSG65 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $890045.06    | 0.98%             | 2025-05-16      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| KENBOURNE INVEST SA                          | Kenbourne Invest SA                                                              | CUSIP: 48855KAA8<br>LEI: 222100QGH6Y9KFYZ4B27 | Long             | DBT              | CORP              | LU        |    359000 | PA      | $341768.00    | 0.38%             | 2024-11-26      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MUTUELLE ASSURANCE                           | Mutuelle Assurance Des Commercants et Industriels de France et Des Cadres et Sal | CUSIP: 000000000<br>LEI: 969500QISBFB1NW4SX83 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $476307.21    | 0.52%             | 2028-12-21      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| GARFUNKELUX HOLDCO 3 SA                      | Garfunkelux Holdco 3 SA                                                          | CUSIP: 000000000<br>LEI: 2221007QVSNJV7EWBX69 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $93932.04     | 0.10%             | 2025-11-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| BNP PARIBAS FORTIS SA                        | BNP Paribas Fortis SA                                                            | CUSIP: 000000000<br>LEI: KGCEPHLVVKVRZYO1T647 | Long             | DBT              | CORP              | BE        |    250000 | PA      | $209692.79    | 0.23%             | 2049-12-29      | Floating      | 4.06%                 | Yes           |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                | Purchased EUR / Sold USD                                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $-237.65      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EnLink Midstream LLC                         | EnLink Midstream LLC                                                             | CUSIP: 29336TAA8<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |    880000 | PA      | $814246.96    | 0.90%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEINOR HOMES SLU                             | Neinor Homes SA                                                                  | CUSIP: 000000000<br>LEI: 959800FW4JL65YWSQ217 | Long             | DBT              | CORP              | ES        |    280000 | PA      | $253508.13    | 0.28%             | 2026-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                       | Credit Suisse Group AG                                                           | CUSIP: 000000000<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    220000 | PA      | $158148.85    | 0.17%             | 2025-09-12      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC                         | EnLink Midstream LLC                                                             | CUSIP: 29336TAC4<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |    424000 | PA      | $403859.19    | 0.44%             | 2028-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AA BOND CO LTD                               | AA Bond Co. Ltd.                                                                 | CUSIP: 000000000<br>LEI: 2138002EPF6QVRZBMC58 | Long             | DBT              | CORP              | JE        |    800000 | PA      | $769315.88    | 0.85%             | 2026-01-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                           | Credit Agricole SA                                                               | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    800000 | PA      | $935969.17    | 1.03%             | 2026-06-23      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| INTL CONSOLIDATED AIRLIN                     | International Consolidated Airlines Group SA                                     | CUSIP: 000000000<br>LEI: 959800TZHQRUSH1ESL13 | Long             | DBT              | CORP              | ES        |    500000 | PA      | $409446.93    | 0.45%             | 2029-03-25      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| RAC BOND CO PLC                              | RAC Bond Co. PLC                                                                 | CUSIP: 000000000<br>LEI: 2138008FCM2SUNLC7B21 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $476077.44    | 0.52%             | 2027-11-04      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                     | Cheplapharm Arzneimittel GmbH                                                    | CUSIP: 16412EAA5<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |    625000 | PA      | $522625.00    | 0.58%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANCO DE SABADELL SA                         | Banco de Sabadell SA                                                             | CUSIP: 000000000<br>LEI: SI5RG2M0WQQLZCXKRM20 | Long             | DBT              | CORP              | ES        |   1800000 | PA      | $1671506.88   | 1.84%             | 2026-03-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Harvest CLO                                  | Harvest CLO XXIII DAC                                                            | CUSIP: 000000000<br>LEI: 635400H4BIBT9YC1IC52 | Long             | ABS-CBDO         | CORP              | IE        |   1100000 | PA      | $863366.01    | 0.95%             | 2032-10-20      | Floating      | 9.77%                 | No            |                  2 | On Loan: No      |
| ABANCA CORP BANCARIA SA                      | Abanca Corp. Bancaria SA                                                         | CUSIP: 000000000<br>LEI: 54930056IRBXK0Q1FP96 | Long             | DBT              | CORP              | ES        |   1000000 | PA      | $930113.56    | 1.02%             | 2026-01-20      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Cordatus CLO PLC                             | CVC Cordatus Loan Fund X DAC                                                     | CUSIP: 000000000<br>LEI: 549300L3U7O5MFVI3I18 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $748251.69    | 0.82%             | 2031-01-27      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                             | Altice France SA                                                                 | CUSIP: 02156LAC5<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $156624.00    | 0.17%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                            | HSBC Holdings PLC                                                                | CUSIP: 404280BY4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1319000 | PA      | $1419389.96   | 1.56%             | 2026-09-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JERROLD FINCO PLC                            | Jerrold Finco PLC                                                                | CUSIP: 000000000<br>LEI: 213800F7AYNHLL1BPR31 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $259773.15    | 0.29%             | 2026-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                     | Consolidated Communications, Inc.                                                | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    435000 | PA      | $320798.27    | 0.35%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EMPIRE COMMUNITIES CORP                      | Empire Communities Corp.                                                         | CUSIP: 29163VAC7<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $271248.60    | 0.30%             | 2025-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GUARA NORTE SARL                             | Guara Norte Sarl                                                                 | CUSIP: 400666AA1<br>LEI: 549300U2I4L03BBA3485 | Long             | DBT              | CORP              | LU        |    546342 | PA      | $462341.92    | 0.51%             | 2034-06-15      | Fixed         | 5.20%                 | 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      | $-483270.44   | -0.53%            |  |  |  | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                | UniCredit SpA                                                                    | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   1800000 | PA      | $1718406.00   | 1.89%             | 2024-06-03      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                | Purchased GBP / Sold USD                                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $17423.45     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UNIFIN FINANCIERA SA DE                      | Unifin Financiera SAB de CV                                                      | CUSIP: 90471MAA0<br>LEI: 5493007GRMPGDJG93Z17 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $5000.00      | 0.01%             | 2028-01-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOLARIS MIDSTREAM HOLDIN                     | Solaris Midstream Holdings LLC                                                   | CUSIP: 83419MAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1183609.70   | 1.30%             | 2026-04-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                     | Hess Midstream Operations LP                                                     | CUSIP: 428102AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $633155.25    | 0.70%             | 2026-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CONTOURGLOBAL POWER HLDG                     | ContourGlobal Power Holdings SA                                                  | CUSIP: 000000000<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $174839.94    | 0.19%             | 2028-01-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| ATHORA NETHERLANDS                           | Athora Netherlands NV                                                            | CUSIP: 000000000<br>LEI: 724500MKKXKEVWMN9E13 | Long             | DBT              | CORP              | NL        |    900000 | PA      | $937855.05    | 1.03%             | 2025-06-19      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| VOYA EURO CLO                                | Voya Euro CLO I DAC                                                              | CUSIP: 000000000<br>LEI: 635400EFYWXM2GM8RL10 | Long             | ABS-CBDO         | CORP              | IE        |   1100000 | PA      | $857511.50    | 0.94%             | 2030-10-15      | Floating      | 7.79%                 | Yes           |                  2 | On Loan: No      |
| NESCO HOLDINGS II INC                        | NESCO Holdings II, Inc.                                                          | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |    640000 | PA      | $560000.00    | 0.62%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN                     | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    370000 | PA      | $329243.32    | 0.36%             | 2030-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                     | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 000000000<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $485022.81    | 0.53%             | 2028-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ZENITH FINCO PLC                             | Zenith Finco PLC                                                                 | CUSIP: 000000000<br>LEI: 9845009PB84F72HF1C45 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $660171.38    | 0.73%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Harvest CLO                                  | Harvest CLO XVII DAC                                                             | CUSIP: 000000000<br>LEI: 635400TOQ3MTNGFTEW98 | Long             | ABS-CBDO         | CORP              | IE        |    500000 | PA      | $470622.05    | 0.52%             | 2032-05-11      | Floating      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Voya Euro CLO                                | Voya Euro CLO IV DAC                                                             | CUSIP: 000000000<br>LEI: 549300H0DM0Z0GCEKC77 | Long             | ABS-CBDO         | CORP              | IE        |   1750000 | PA      | $1495085.03   | 1.65%             | 2034-10-15      | Floating      | 7.54%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                     | Banco Mercantil del Norte SA                                                     | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    300000 | PA      | $297141.90    | 0.33%             | 2030-10-14      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| BRACKEN MIDCO ONE                            | Bracken MidCo1 PLC                                                               | CUSIP: 000000000<br>LEI: 213800AFGHKES7J58805 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $972902.59    | 1.07%             | 2027-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                           | Banco Santander SA                                                               | CUSIP: 05971KAJ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $341473.39    | 0.38%             | 2027-11-12      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Dryden Leveraged Loan CDO                    | Dryden 56 Euro CLO DAC                                                           | CUSIP: 000000000<br>LEI: 635400BRZXOVOKUIXU14 | Long             | ABS-CBDO         | CORP              | IE        |   1100000 | PA      | $856332.83    | 0.94%             | 2032-01-15      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| RCS & RDS SA                                 | RCS & RDS SA                                                                     | CUSIP: 000000000<br>LEI: 3157008PTGOXBWZDVF10 | Long             | DBT              | CORP              | RO        |    600000 | PA      | $510816.36    | 0.56%             | 2028-02-05      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DEUCE FINCO                                  | Deuce Finco PLC                                                                  | CUSIP: 000000000<br>LEI: 9845007DA2BC863E8437 | Long             | DBT              | CORP              | GB        |    330000 | PA      | $317367.54    | 0.35%             | 2027-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                     | Antero Midstream Partners LP/Antero Midstream Finance Corp.                      | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $371044.00    | 0.41%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNIPOLSAI ASSICURAZIONI                      | UnipolSai Assicurazioni SpA                                                      | CUSIP: 000000000<br>LEI: 815600E31C4E7006AB54 | Long             | DBT              | CORP              | IT        |    550000 | PA      | $583699.30    | 0.64%             | 2024-06-18      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CaixaBank SA                                 | CaixaBank SA                                                                     | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $417154.17    | 0.46%             | 2024-06-13      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Providus CLO                                 | Providus CLO II DAC                                                              | CUSIP: 000000000<br>LEI: 635400JFBYET5G2XFP83 | Long             | ABS-CBDO         | CORP              | IE        |    545000 | PA      | $467937.61    | 0.52%             | 2031-07-15      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                     | Antero Midstream Partners LP/Antero Midstream Finance Corp.                      | CUSIP: 03690EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $303674.33    | 0.33%             | 2026-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                       | Sherwood Financing PLC                                                           | CUSIP: 000000000<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $651624.10    | 0.72%             | 2026-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                | Purchased GBP / Sold USD                                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $-29247.34    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| GRUENENTHAL GMBH                             | Gruenenthal GmbH                                                                 | CUSIP: 000000000<br>LEI: 529900SH895E31PGLA72 | Long             | DBT              | CORP              | DE        |    390000 | PA      | $374684.08    | 0.41%             | 2028-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Dryden Leveraged Loan CDO                    | Dryden 62 Euro CLO DAC                                                           | CUSIP: 000000000<br>LEI: 635400TT9VSZM6DCC597 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $836558.42    | 0.92%             | 2031-07-15      | Floating      | 6.23%                 | Yes           |                  2 | On Loan: No      |
| HEIMSTADEN AB                                | Heimstaden AB                                                                    | CUSIP: 000000000<br>LEI: 549300WD2QBD89VBPV88 | Long             | DBT              | CORP              | SE        |    800000 | PA      | $596993.63    | 0.66%             | 2026-03-09      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| OWENS & MINOR INC                            | Owens & Minor, Inc.                                                              | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    140000 | PA      | $120316.00    | 0.13%             | 2030-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Penta CLO S.A.                               | Penta CLO 9 DAC                                                                  | CUSIP: 000000000<br>LEI: 549300FTCSBBS0J25486 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $844996.77    | 0.93%             | 2036-07-25      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| PHOENIX GRP HLD PLC                          | Phoenix Group Holdings PLC                                                       | CUSIP: 000000000<br>LEI: 2138001P49OLAEU33T68 | Long             | DBT              | CORP              | GB        |   1700000 | PA      | $1713478.10   | 1.89%             | 2028-04-26      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                | Purchased GBP / Sold USD                                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $-395.91      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                       | Lumen Technologies, Inc.                                                         | CUSIP: 550241AA1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |   1135000 | PA      | $817133.77    | 0.90%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ALLIANZ SE                                   | Allianz SE                                                                       | CUSIP: 018820AA8<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $502606.45    | 0.55%             | 2025-11-17      | Fixed         | 3.50%                 | 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      | $2364.78      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Penta CLO S.A.                               | Penta CLO 9 DAC                                                                  | CUSIP: 000000000<br>LEI: 549300FTCSBBS0J25486 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $781234.38    | 0.86%             | 2036-07-25      | Floating      | 10.28%                | No            |                  2 | On Loan: No      |
| BAWAG Group AG                               | BAWAG Group AG                                                                   | CUSIP: 000000000<br>LEI: 529900S9YO2JHTIIDG38 | Long             | DBT              | CORP              | AT        |    400000 | PA      | $371929.82    | 0.41%             | 2025-05-14      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LENZING AG                                   | Lenzing AG                                                                       | CUSIP: 000000000<br>LEI: 529900BKFJBI0QRDJH63 | Long             | DBT              | CORP              | AT        |    300000 | PA      | $266076.92    | 0.29%             | 2025-09-07      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies Euro        | Carlyle Euro CLO DAC                                                             | CUSIP: 000000000<br>LEI: 635400EJNPATTHDUBC67 | Long             | ABS-CBDO         | CORP              | IE        |    500000 | PA      | $398955.99    | 0.44%             | 2031-08-28      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                          | Petroleos Mexicanos                                                              | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    222000 | PA      | $161149.96    | 0.18%             | 2035-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                | Purchased GBP / Sold USD                                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $299.65       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                     | Encore Capital Group, Inc.                                                       | CUSIP: 000000000<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    600000 | PA      | $601305.73    | 0.66%             | 2025-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SABLE INTL FINANCE LTD                       | Sable International Finance Ltd.                                                 | CUSIP: 785712AG5<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |    261000 | PA      | $240772.50    | 0.27%             | 2027-09-07      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Armada Euro CLO                              | Armada Euro CLO IV DAC                                                           | CUSIP: 000000000<br>LEI: 549300DE6MWQ8YQI0O46 | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $579804.69    | 0.64%             | 2033-07-15      | Floating      | 10.48%                | Yes           |                  2 | On Loan: No      |
| OSB GROUP PLC                                | OSB Group PLC                                                                    | CUSIP: 000000000<br>LEI: 213800ZBKL9BHSL2K459 | Long             | DBT              | CORP              | GB        |   1049000 | PA      | $943215.31    | 1.04%             | 2026-10-07      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| GRAND CITY PROPERTIES SA                     | Grand City Properties SA                                                         | CUSIP: 000000000<br>LEI: 5299002QLUYKK2WBMB18 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $132725.03    | 0.15%             | 2026-03-11      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| TALKTALK TELECOM GROUP                       | TalkTalk Telecom Group Ltd.                                                      | CUSIP: 000000000<br>LEI: 213800WF53FVDRRHRF44 | Long             | DBT              | CORP              | GB        |    416000 | PA      | $392223.80    | 0.43%             | 2025-02-20      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA H                     | SCIL IV LLC/SCIL USA Holdings LLC                                                | CUSIP: 78397UAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $224587.50    | 0.25%             | 2026-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TITAN INTERNATIONAL INC                      | Titan International, Inc.                                                        | CUSIP: 88830MAM4<br>LEI: 254900CXRGBE7C4B5A06 | Long             | DBT              | CORP              | US        |    445000 | PA      | $420134.03    | 0.46%             | 2028-04-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                     | Marriott Ownership Resorts, Inc.                                                 | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |    810000 | PA      | $671997.27    | 0.74%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                     | Fortress Transportation & Infrastructure Investors LLC                           | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    550000 | PA      | $469210.50    | 0.52%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                     | Encore Capital Group, Inc.                                                       | CUSIP: 000000000<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    300000 | PA      | $324240.42    | 0.36%             | 2026-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                     | Hess Midstream Operations LP                                                     | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $301916.82    | 0.33%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                           | Banco Santander SA                                                               | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   1000000 | PA      | $908490.48    | 1.00%             | 2026-01-14      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                     | American Airlines, Inc./AAdvantage Loyalty IP Ltd.                               | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    580000 | PA      | $557599.40    | 0.61%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dryden Leveraged Loan CDO                    | Dryden 46 Euro CLO DAC                                                           | CUSIP: 000000000<br>LEI: 635400UFQKWHKYRULP20 | Long             | ABS-CBDO         | CORP              | IE        |   1400000 | PA      | $1173984.22   | 1.29%             | 2034-04-15      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| UPL CORP LTD                                 | UPL Corp. Ltd.                                                                   | CUSIP: 000000000<br>LEI: 213800AQLATW4WEEH674 | Long             | DBT              | CORP              | MU        |    430000 | PA      | $294980.00    | 0.32%             | 2025-02-27      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                      | Nationwide Building Society                                                      | CUSIP: 000000000<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1186700 | PA      | $1786153.05   | 1.97%             | 2049-12-31      | Variable      | 10.25%                | Yes           |                  2 | On Loan: No      |
| TELEFONICA EUROPE BV                         | Telefonica Europe BV                                                             | CUSIP: 000000000<br>LEI: 7245007FZS0M65WUGP67 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $259836.63    | 0.29%             | 2028-02-24      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| NATIONAL EXPRESS GROUP P                     | National Express Group PLC                                                       | CUSIP: 000000000<br>LEI: 213800A8IQEMY8PA5X34 | Long             | DBT              | CORP              | GB        |    655000 | PA      | $650419.87    | 0.72%             | 2025-11-26      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                | Purchased USD / Sold GBP                                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $450598.07    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| INVESTEC PLC                                 | Investec PLC                                                                     | CUSIP: 000000000<br>LEI: 2138007Z3U5GWDN3MY22 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $545272.76    | 0.60%             | 2024-12-05      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Oaknorth Bank Plc                            | Oaknorth Bank PLC                                                                | CUSIP: 000000000<br>LEI: 213800A7BOPQRC475O81 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $281080.90    | 0.31%             | 2028-06-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| FONDS COMMUN DE TITRISATION                  | FCT E-Carat 10                                                                   | CUSIP: 000000000<br>LEI: 549300Z32ZRFJIEOG322 | Long             | ABS-O            | CORP              | FR        |    199122 | PA      | $210854.58    | 0.23%             | 2028-12-20      | Floating      | 4.10%                 | Yes           |                  2 | On Loan: No      |
| MAF GLOBAL SECURITIES                        | MAF Global Securities Ltd.                                                       | CUSIP: 000000000<br>LEI: 54930037VUDNYTS17017 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $287280.00    | 0.32%             | 2026-03-20      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| UNIFIN FINANCIERA SA DE                      | Unifin Financiera SAB de CV                                                      | CUSIP: 90471MAD4<br>LEI: 5493007GRMPGDJG93Z17 | Long             | DBT              | CORP              | MX        |    700000 | PA      | $17500.00     | 0.02%             | 2029-01-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                      | American Axle & Manufacturing, Inc.                                              | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |   1110000 | PA      | $896687.19    | 0.99%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMMER BC HOLDCO A SARL                      | Summer BC Holdco A Sarl                                                          | CUSIP: 000000000<br>LEI: 984500EFA0BRE0008996 | Long             | DBT              | CORP              | LU        |    288337 | PA      | $232580.13    | 0.26%             | 2027-10-31      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| DIRECT LINE INSURANCE GR                     | Direct Line Insurance Group PLC                                                  | CUSIP: 000000000<br>LEI: 213800FF2R23ALJQOP04 | Long             | DBT              | CORP              | GB        |   1160000 | PA      | $1031339.86   | 1.14%             | 2027-12-07      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PUNCH FINANCE PL                             | Punch Finance PLC                                                                | CUSIP: 000000000<br>LEI: 2138006IJRIU1Q5DN388 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $507759.04    | 0.56%             | 2026-06-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LA MONDIALE                                  | La Mondiale SAM                                                                  | CUSIP: 000000000<br>LEI: 969500L0T16HX3R78P61 | Long             | DBT              | CORP              | FR        |    700000 | PA      | $649955.52    | 0.72%             | 2029-04-24      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| ASR NEDERLAND NV                             | ASR Nederland NV                                                                 | CUSIP: 000000000<br>LEI: 7245000G0HS48PZWUD53 | Long             | DBT              | CORP              | NL        |    750000 | PA      | $673835.65    | 0.74%             | 2027-10-19      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                     | Clarios Global LP/Clarios U.S. Finance Co.                                       | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $509581.59    | 0.56%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GARFUNKELUX HOLDCO 3 SA                      | Garfunkelux Holdco 3 SA                                                          | CUSIP: 000000000<br>LEI: 2221007QVSNJV7EWBX69 | Long             | DBT              | CORP              | LU        |    260000 | PA      | $221888.12    | 0.24%             | 2025-11-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Notes                                                              | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3980000 | PA      | $3680878.13   | 4.05%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| UNIPOLSAI ASSICURAZIONI                      | UnipolSai Assicurazioni SpA                                                      | CUSIP: 000000000<br>LEI: 815600E31C4E7006AB54 | Long             | DBT              | CORP              | IT        |   1040000 | PA      | $1000270.82   | 1.10%             | 2030-04-27      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC                                | TransDigm, Inc.                                                                  | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    300000 | PA      | $281532.00    | 0.31%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                | UniCredit SpA                                                                    | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   1000000 | PA      | $794941.48    | 0.88%             | 2027-06-03      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN                     | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    610000 | PA      | $542051.69    | 0.60%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BELLIS FINCO PLC                             | Bellis Finco PLC                                                                 | CUSIP: 000000000<br>LEI: 259400ELWH6Z4ICFTD70 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $352777.44    | 0.39%             | 2027-02-16      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                      | Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.                      | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $576446.00    | 0.63%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                | Purchased GBP / Sold USD                                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $362.57       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MAISON FINCO PLC                             | Maison Finco PLC                                                                 | CUSIP: 000000000<br>LEI: 9845007743J958DAS530 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $524877.78    | 0.58%             | 2027-10-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LA FINAC ATALIAN SA                          | La Financiere Atalian SASU                                                       | CUSIP: 000000000<br>LEI: 969500ICOLJMB33J0L87 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $453067.75    | 0.50%             | 2024-05-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Notes                                                              | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5007900 | PA      | $4263366.09   | 4.70%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PENSION INSURANCE                            | Pension Insurance Corp. PLC                                                      | CUSIP: 000000000<br>LEI: M31AVDIX8NY21MAUQF46 | Long             | DBT              | CORP              | GB        |   1164000 | PA      | $1312230.71   | 1.45%             | 2029-07-25      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                          | Petroleos Mexicanos                                                              | CUSIP: 706451BR1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $136661.57    | 0.15%             | 2038-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Madison Park Euro Funding                    | Madison Park Euro Funding IX DAC                                                 | CUSIP: 000000000<br>LEI: 635400IRITPTWQSADZ09 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $852620.51    | 0.94%             | 2035-07-15      | Floating      | 7.49%                 | No            |                  2 | On Loan: No      |
| Rockfield Park                               | Rockfield Park CLO DAC                                                           | CUSIP: 000000000<br>LEI: 254900FQNC3OT6YHSV84 | Long             | ABS-CBDO         | CORP              | IE        |   1500000 | PA      | $1285330.99   | 1.42%             | 2034-07-16      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| PUNCH FINANCE PL                             | Punch Finance PLC                                                                | CUSIP: 000000000<br>LEI: 2138006IJRIU1Q5DN388 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203103.62    | 0.22%             | 2026-06-30      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| DEUT PFANDBRIEFBANK AG                       | Deutsche Pfandbriefbank AG                                                       | CUSIP: 000000000<br>LEI: DZZ47B9A52ZJ6LT6VV95 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $356185.65    | 0.39%             | 2027-02-22      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| TELESAT CANADA/TELESAT L                     | Telesat Canada/Telesat LLC                                                       | CUSIP: 87952VAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    716000 | PA      | $207103.90    | 0.23%             | 2027-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                 | Barclays PLC                                                                     | CUSIP: 06738EBT1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    530000 | PA      | $404125.00    | 0.45%             | 2028-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JULIUS BAER GROUP LTD                        | Julius Baer Group Ltd.                                                           | CUSIP: 000000000<br>LEI: 5299007MF0604ZGJER92 | Long             | DBT              | CORP              | CH        |   1340000 | PA      | $933068.80    | 1.03%             | 2028-03-23      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| SIG PLC                                      | SIG PLC                                                                          | CUSIP: 000000000<br>LEI: 213800VDC1BKJEZ8PV53 | Long             | DBT              | CORP              | GB        |    520000 | PA      | $458677.33    | 0.51%             | 2026-11-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                     | Consolidated Communications, Inc.                                                | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $155412.15    | 0.17%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MHP SE                                       | MHP SE                                                                           | CUSIP: 000000000<br>LEI: 213800D7DXFXGA292757 | Long             | DBT              | CORP              | CY        |    400000 | PA      | $197960.00    | 0.22%             | 2024-05-10      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| ING GROEP NV                                 | ING Groep NV                                                                     | CUSIP: 456837AY9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   1300000 | PA      | $947205.09    | 1.04%             | 2027-05-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JERROLD FINCO PLC                            | Jerrold Finco PLC                                                                | CUSIP: 000000000<br>LEI: 213800F7AYNHLL1BPR31 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $349507.47    | 0.38%             | 2027-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-24

**Name of Applicant:** AMERICAN BEACON FUNDS

**Signature:** Sonia Bates

**Name of Signer:** Sonia Bates

**Title:** Treasurer