# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0001193125-26-241800
**Filing Date:** 2026-5
**Character Count:** 186097
**Document Hash:** 1f7bd75021c88bcdfc0462f36f111000
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-241800.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0001193125-26-241800

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROFESSIONALLY MANAGED PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000811030

**ORGANIZATION NAME:**
- **EIN:** 566415270
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05037
- **FILM NUMBER:** 261025906

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-218-3770

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AVONDALE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19910529

## Series and Classes Contracts Data

### Muzinich Flexible U.S. High Yield Income Fund (Series ID: S000036429)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000111439 | Institutional Shares       | MZHIX           |
| C000111440 | Supra Institutional Shares | MZHSX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Muzinich Flexible U.S. High Yield Income Fund** | **Muzinich Flexible U.S. High Yield Income Fund** | **Muzinich Flexible U.S. High Yield Income Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **CORPORATE BONDS - 91.8%** | **Par**  | **Value**  |
| **Aerospace/Defense - 0.7%** | **Aerospace/Defense - 0.7%** | **Aerospace/Defense - 0.7%** |
| TransDigm, Inc. | TransDigm, Inc. | TransDigm, Inc. |
| &nbsp;&nbsp; 7.13%, 12/01/2031 <sup>(a)</sup> | $125000 | $129154 |
| &nbsp;&nbsp; 6.00%, 01/15/2033 <sup>(a)</sup> | 375000 | 375362 |
|  |  | 504516 |
| **Airlines - 1.5%** | **Airlines - 1.5%** | **Airlines - 1.5%** |
|  Air Canada, 3.88%, 08/15/2026 <sup>(a)</sup> | 175000 | 174215 |
|  American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.75%, 04/20/2029 <sup>(a)</sup> | 100000 | 99515 |
|  OneSky Flight LLC, 8.88%, 12/15/2029 <sup>(a)</sup> | 425000 | 438930 |
|  United Airlines Holdings, Inc., 5.38%, 03/01/2031 | 75000 | 73542 |
|  VistaJet Malta Finance PLC / Vista Management Holding, Inc., 7.88%, 05/01/2027 <sup>(a)</sup> | 250000 | 247019 |
|  |  | 1033221 |
| **Automotive & Auto Parts - 3.1%** | **Automotive & Auto Parts - 3.1%** | **Automotive & Auto Parts - 3.1%** |
|  Adient Global Holdings Ltd., 7.50%, 02/15/2033 <sup>(a)</sup> | 175000 | 177028 |
| American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. |
| &nbsp;&nbsp; 6.38%, 10/15/2032 <sup>(a)</sup> | 50000 | 49341 |
| &nbsp;&nbsp; 7.75%, 10/15/2033 <sup>(a)</sup> | 100000 | 96880 |
|  Cyprium Corp. / Cyprium Holdings Luxembourg Sarl, 6.38%, 04/15/2034 <sup>(a)</sup> | 150000 | 146376 |
| Goodyear Tire & Rubber Co. | Goodyear Tire & Rubber Co. | Goodyear Tire & Rubber Co. |
| &nbsp;&nbsp; 5.25%, 04/30/2031 | 150000 | 135472 |
| &nbsp;&nbsp; 5.25%, 07/15/2031 | 225000 | 201168 |
|  Jaguar Land Rover Automotive PLC, 5.50%, 07/15/2029 <sup>(a)</sup> | 250000 | 242728 |
| Nissan Motor Acceptance Co. LLC | Nissan Motor Acceptance Co. LLC | Nissan Motor Acceptance Co. LLC |
| &nbsp;&nbsp; 2.75%, 03/09/2028 <sup>(a)</sup> | 200000 | 187115 |
| &nbsp;&nbsp; 6.13%, 09/30/2030 <sup>(a)</sup> | 125000 | 119941 |
|  Nissan Motor Co. Ltd., 4.81%, 09/17/2030 <sup>(a)</sup> | 200000 | 181695 |
| Phinia, Inc. | Phinia, Inc. | Phinia, Inc. |
| &nbsp;&nbsp; 6.75%, 04/15/2029 <sup>(a)</sup> | 75000 | 76445 |
| &nbsp;&nbsp; 6.63%, 10/15/2032 <sup>(a)</sup> | 150000 | 152656 |
|  Tenneco, Inc., 8.00%, 11/17/2028 <sup>(a)</sup> | 250000 | 249170 |
|  ZF North America Capital, Inc., 7.50%, 03/24/2031 <sup>(a)</sup> | 150000 | 147270 |
|  |  | 2163285 |
| **Broadcasting - 1.4%** | **Broadcasting - 1.4%** | **Broadcasting - 1.4%** |
| Discovery Global Holdings, Inc. | Discovery Global Holdings, Inc. | Discovery Global Holdings, Inc. |
| &nbsp;&nbsp; 4.05%, 03/15/2029 | 125000 | 120834 |
| &nbsp;&nbsp; 4.28%, 03/15/2032 | 225000 | 198490 |
| &nbsp;&nbsp; 5.05%, 03/15/2042 | 150000 | 99669 |
| Gray Media, Inc. | Gray Media, Inc. | Gray Media, Inc. |
| &nbsp;&nbsp; 10.50%, 07/15/2029 <sup>(a)</sup> | 115000 | 122237 |
| &nbsp;&nbsp; 9.63%, 07/15/2032 <sup>(a)</sup> | 75000 | 75021 |
|  Scripps Escrow II, Inc., 3.88%, 01/15/2029 <sup>(a)</sup> | 100000 | 92520 |
|  Sinclair Television Group, Inc., 8.13%, 02/15/2033 <sup>(a)</sup> | 300000 | 305250 |
|  |  | 1014021 |
| **Building Materials - 2.1%** | **Building Materials - 2.1%** | **Building Materials - 2.1%** |
|  Builders FirstSource, Inc., 4.25%, 02/01/2032 <sup>(a)</sup> | 175000 | 161306 |
|  Griffon Corp., 5.75%, 03/01/2028 | 175000 | 174797 |
|  MIWD Holdco II LLC / MIWD Finance Corp., 5.50%, 02/01/2030 <sup>(a)</sup> | 275000 | 237544 |
|  New Enterprise Stone & Lime Co., Inc., 5.25%, 07/15/2028 <sup>(a)</sup> | 450000 | 443638 |
|  Park River Holdings, Inc., 8.00%, 03/15/2031 <sup>(a)</sup> | 75000 | 74680 |
|  Standard Building Solutions, Inc., 6.50%, 08/15/2032 <sup>(a)</sup> | 125000 | 125145 |
| Standard Industries, Inc./NY | Standard Industries, Inc./NY | Standard Industries, Inc./NY |
| &nbsp;&nbsp; 4.38%, 07/15/2030 <sup>(a)</sup> | 200000 | 188558 |
| &nbsp;&nbsp; 3.38%, 01/15/2031 <sup>(a)</sup> | 75000 | 67254 |
|  |  | 1472922 |
| **Cable/Satellite TV - 1.3%** | **Cable/Satellite TV - 1.3%** | **Cable/Satellite TV - 1.3%** |
|  CCO Holdings LLC / CCO Holdings Capital Corp., 4.25%, 02/01/2031 <sup>(a)</sup> | 400000 | 364536 |
|  Directv Financing LLC, 8.88%, 02/01/2030 <sup>(a)</sup> | 175000 | 174693 |
|  Midcontinent Communications, 8.00%, 08/15/2032 <sup>(a)</sup> | 375000 | 349389 |
|  |  | 888618 |
| **Capital Goods - 0.8%** | **Capital Goods - 0.8%** | **Capital Goods - 0.8%** |
|  Chart Industries, Inc., 9.50%, 01/01/2031 <sup>(a)</sup> | 125000 | 131360 |
|  JB Poindexter & Co., Inc., 8.75%, 12/15/2031 <sup>(a)</sup> | 225000 | 228247 |
|  Patrick Industries, Inc., 6.38%, 11/01/2032 <sup>(a)</sup> | 175000 | 175113 |
|  |  | 534720 |
| **Chemicals - 3.6%** | **Chemicals - 3.6%** | **Chemicals - 3.6%** |
|  Compass Minerals International, Inc., 8.00%, 07/01/2030 <sup>(a)</sup> | 125000 | 129243 |
|  FMC Corp., 3.45%, 10/01/2029 | 200000 | 178672 |
|  INEOS Finance PLC, 7.50%, 04/15/2029 <sup>(a)</sup> | 200000 | 194162 |
|  Minerals Technologies, Inc., 5.00%, 07/01/2028 <sup>(a)</sup> | 800000 | 788499 |
| Olympus Water US Holding Corp. | Olympus Water US Holding Corp. | Olympus Water US Holding Corp. |
| &nbsp;&nbsp; 4.25%, 10/01/2028 <sup>(a)</sup> | 250000 | 238987 |
| &nbsp;&nbsp; 7.25%, 02/15/2033 <sup>(a)</sup> | 200000 | 191014 |
|  SCIH Salt Holdings, Inc., 4.88%, 05/01/2028 <sup>(a)</sup> | 400000 | 395714 |
| WR Grace Holdings LLC | WR Grace Holdings LLC | WR Grace Holdings LLC |
| &nbsp;&nbsp; 5.63%, 08/15/2029 <sup>(a)</sup> | 225000 | 206484 |
| &nbsp;&nbsp; 6.63%, 08/15/2032 <sup>(a)</sup> | 175000 | 170167 |
|  |  | 2492942 |
| **Commercial Services - 0.6%** | **Commercial Services - 0.6%** | **Commercial Services - 0.6%** |
|  TriNet Group, Inc., 3.50%, 03/01/2029 <sup>(a)</sup> | 250000 | 226775 |
|  United Rentals North America, Inc., 3.75%, 01/15/2032 | 225000 | 206303 |
|  |  | 433078 |
| **Consumer-Products - 2.3%** | **Consumer-Products - 2.3%** | **Consumer-Products - 2.3%** |
|  Edgewell Personal Care Co., 5.50%, 06/01/2028 <sup>(a)</sup> | 225000 | 223778 |
| Energizer Holdings, Inc. | Energizer Holdings, Inc. | Energizer Holdings, Inc. |
| &nbsp;&nbsp; 4.75%, 06/15/2028 <sup>(a)</sup> | 375000 | 369372 |
| &nbsp;&nbsp; 4.38%, 03/31/2029 <sup>(a)</sup> | 200000 | 190401 |
|  Masterbrand, Inc., 7.00%, 07/15/2032 <sup>(a)</sup> | 450000 | 439886 |
| Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. |
| &nbsp;&nbsp; 6.38%, 05/15/2030 | 75000 | 72026 |
| &nbsp;&nbsp; 6.63%, 05/15/2032 | 150000 | 143531 |
|  Whirlpool Corp., 6.50%, 06/15/2033 | 175000 | 165843 |
|  |  | 1604837 |
| **Containers - 2.7%** | **Containers - 2.7%** | **Containers - 2.7%** |
|  Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC, 4.00%, 09/01/2029 <sup>(a)</sup> | 250000 | 229138 |
| Clydesdale Acquisition Holdings, Inc. | Clydesdale Acquisition Holdings, Inc. | Clydesdale Acquisition Holdings, Inc. |
| &nbsp;&nbsp; 8.75%, 04/15/2030 <sup>(a)</sup> | 200000 | 186643 |
| &nbsp;&nbsp; 6.75%, 04/15/2032 <sup>(a)</sup> | 50000 | 47430 |
|  Graphic Packaging International LLC, 6.38%, 07/15/2032 <sup>(a)</sup> | 75000 | 74628 |
| Mauser Packaging Solutions Holding Co. | Mauser Packaging Solutions Holding Co. | Mauser Packaging Solutions Holding Co. |
| &nbsp;&nbsp; 7.88%, 04/15/2030 <sup>(a)</sup> | 150000 | 149657 |
| &nbsp;&nbsp; 9.25%, 04/15/2030 <sup>(a)</sup> | 250000 | 232341 |
|  OI European Group BV, 4.75%, 02/15/2030 <sup>(a)</sup> | 100000 | 93319 |
| Owens-Brockway Glass Container, Inc. | Owens-Brockway Glass Container, Inc. | Owens-Brockway Glass Container, Inc. |
| &nbsp;&nbsp; 6.63%, 05/13/2027 <sup>(a)</sup> | 475000 | 476264 |
| &nbsp;&nbsp; 7.25%, 05/15/2031 <sup>(a)</sup> | 100000 | 95392 |
|  Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan FinCo US LLC, 9.50%, 05/15/2030 <sup>(a)</sup> | 150000 | 132573 |
|  Veritiv Operating Co., 10.50%, 11/30/2030 <sup>(a)</sup> | 150000 | 155812 |
|  |  | 1873197 |
| **Distribution/Wholesale - 0.2%** | **Distribution/Wholesale - 0.2%** | **Distribution/Wholesale - 0.2%** |
|  RB Global Holdings, Inc., 6.75%, 03/15/2028 <sup>(a)</sup> | 150000 | 151985 |
| **Diversified Financial Services - 7.5%** | **Diversified Financial Services - 7.5%** | **Diversified Financial Services - 7.5%** |
|  APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves, 7.88%, 11/01/2029 <sup>(a)</sup> | 475000 | 427588 |
|  Azorra Finance Ltd., 7.25%, 01/15/2031 <sup>(a)</sup> | 100000 | 101032 |
|  Block, Inc., 5.63%, 08/15/2030 <sup>(a)</sup> | 250000 | 248463 |
|  Bread Financial Holdings, Inc., 6.75%, 05/15/2031 <sup>(a)</sup> | 100000 | 99330 |
| Burford Capital Global Finance LLC | Burford Capital Global Finance LLC | Burford Capital Global Finance LLC |
| &nbsp;&nbsp; 6.25%, 04/15/2028 <sup>(a)</sup> | 200000 | 188344 |
| &nbsp;&nbsp; 6.88%, 04/15/2030 <sup>(a)</sup> | 200000 | 176767 |
| &nbsp;&nbsp; 7.50%, 07/15/2033 <sup>(a)</sup> | 200000 | 167242 |
|  California Buyer Ltd. / Atlantica Sustainable Infrastructure PLC, 6.38%, 02/15/2032 <sup>(a)</sup> | 425000 | 415247 |
|  CrossCountry Intermediate HoldCo LLC, 6.50%, 10/01/2030 <sup>(a)</sup> | 175000 | 166711 |
|  Dcli Bidco LLC, 7.75%, 11/15/2029 <sup>(a)</sup> | 100000 | 101576 |
|  Freedom Mortgage Corp., 6.63%, 01/15/2027 <sup>(a)</sup> | 150000 | 149865 |
|  Freedom Mortgage Holdings LLC, 8.38%, 04/01/2032 <sup>(a)</sup> | 75000 | 73844 |
|  Global Aircraft Leasing Co. Ltd., 8.75%, 09/01/2027 <sup>(a)</sup> | 525000 | 533310 |
| OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. |
| &nbsp;&nbsp; 3.50%, 01/15/2027 | 125000 | 122695 |
| &nbsp;&nbsp; 3.88%, 09/15/2028 | 250000 | 237758 |
| &nbsp;&nbsp; 4.00%, 09/15/2030 | 175000 | 158161 |
| &nbsp;&nbsp; 6.50%, 03/15/2033 | 175000 | 166879 |
|  Pagaya US Holdings Co. LLC, 8.88%, 08/01/2030 <sup>(a)</sup> | 200000 | 143434 |
| PennyMac Financial Services, Inc. | PennyMac Financial Services, Inc. | PennyMac Financial Services, Inc. |
| &nbsp;&nbsp; 6.88%, 02/15/2033 <sup>(a)</sup> | 250000 | 239201 |
| &nbsp;&nbsp; 6.75%, 02/15/2034 <sup>(a)</sup> | 150000 | 140394 |
|  Phoenix Aviation Capital Ltd., 9.25%, 07/15/2030 <sup>(a)</sup> | 250000 | 251716 |
| PRA Group, Inc. | PRA Group, Inc. | PRA Group, Inc. |
| &nbsp;&nbsp; 8.38%, 02/01/2028 <sup>(a)</sup> | 225000 | 226718 |
| &nbsp;&nbsp; 5.00%, 10/01/2029 <sup>(a)</sup> | 200000 | 184683 |
|  Provident Funding Associates LP / PFG Finance Corp., 9.75%, 09/15/2029 <sup>(a)</sup> | 175000 | 179302 |
|  Shift4 Payments LLC / Shift4 Payments Finance Sub, Inc., 6.75%, 08/15/2032 <sup>(a)</sup> | 225000 | 221017 |
|  United Wholesale Mortgage LLC, 5.75%, 06/15/2027 <sup>(a)</sup> | 125000 | 123137 |
|  |  | 5244414 |
| **Diversified Media - 1.2%** | **Diversified Media - 1.2%** | **Diversified Media - 1.2%** |
|  Advantage Sales & Marketing, Inc., 9.00%, 11/15/2030 <sup>(a)</sup> | 71008 | 52723 |
|  Arches Buyer, Inc., 4.25%, 06/01/2028 <sup>(a)</sup> | 175000 | 169083 |
|  Clear Channel Outdoor Holdings, Inc., 7.88%, 04/01/2030 <sup>(a)</sup> | 150000 | 157047 |
|  Match Group Holdings II LLC, 5.00%, 12/15/2027 <sup>(a)</sup> | 200000 | 199269 |
|  Neptune Bidco US, Inc., 9.50%, 02/15/2033 <sup>(a)</sup> | 150000 | 145707 |
| Snap, Inc. | Snap, Inc. | Snap, Inc. |
| &nbsp;&nbsp; 6.88%, 03/01/2033 <sup>(a)</sup> | 50000 | 47244 |
| &nbsp;&nbsp; 6.88%, 03/15/2034 <sup>(a)</sup> | 75000 | 70587 |
|  |  | 841660 |
| **Energy - 3.5%** | **Energy - 3.5%** | **Energy - 3.5%** |
|  Ascent Resources Utica Holdings LLC / ARU Finance Corp., 6.63%, 10/15/2032 <sup>(a)</sup> | 175000 | 177599 |
|  Crescent Energy Finance LLC, 7.38%, 01/15/2033 <sup>(a)</sup> | 100000 | 100044 |
|  Delek Logistics Partners LP / Delek Logistics Finance Corp., 8.63%, 03/15/2029 <sup>(a)</sup> | 300000 | 310415 |
|  Gulfport Energy Operating Corp., 6.75%, 09/01/2029 <sup>(a)</sup> | 75000 | 76784 |
|  Northern Oil & Gas, Inc., 7.88%, 10/15/2033 <sup>(a)</sup> | 225000 | 232901 |
|  Rockies Express Pipeline LLC, 6.88%, 04/15/2040 <sup>(a)</sup> | 300000 | 295806 |
|  Sunoco LP / Sunoco Finance Corp., 4.50%, 05/15/2029 | 150000 | 146376 |
|  Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp., 7.38%, 02/15/2029 <sup>(a)</sup> | 175000 | 180132 |
|  Venture Global LNG, Inc., 7.00%, 01/15/2030 <sup>(a)</sup> | 325000 | 331938 |
| Venture Global Plaquemines LNG LLC | Venture Global Plaquemines LNG LLC | Venture Global Plaquemines LNG LLC |
| &nbsp;&nbsp; 6.50%, 06/15/2034 <sup>(a)</sup> | 25000 | 26040 |
| &nbsp;&nbsp; 6.75%, 01/15/2036 <sup>(a)</sup> | 550000 | 582910 |
|  |  | 2460945 |
| **Engineering & Construction - 0.7%** | **Engineering & Construction - 0.7%** | **Engineering & Construction - 0.7%** |
|  Global Infrastructure Solutions, Inc., 5.63%, 06/01/2029 <sup>(a)</sup> | 400000 | 392653 |
|  MasTec, Inc., 6.63%, 08/15/2029 <sup>(a)</sup> | 75000 | 75310 |
|  |  | 467963 |
| **Entertainment - 0.3%** | **Entertainment - 0.3%** | **Entertainment - 0.3%** |
|  Caesars Entertainment, Inc., 4.63%, 10/15/2029 <sup>(a)</sup> | 125000 | 120298 |
|  Ontario Gaming GTA LP/OTG Co.-Issuer, Inc., 8.00%, 08/01/2030 <sup>(a)</sup> | 125000 | 119723 |
|  |  | 240021 |
| **Entertainment/Film - 0.4%** | **Entertainment/Film - 0.4%** | **Entertainment/Film - 0.4%** |
|  Cinemark USA, Inc., 5.25%, 07/15/2028 <sup>(a)</sup> | 275000 | 272826 |
| **Environmental - 0.2%** | **Environmental - 0.2%** | **Environmental - 0.2%** |
|  Waste Pro USA, Inc., 7.00%, 02/01/2033 <sup>(a)</sup> | 150000 | 152057 |
| **Food - 0.4%** | **Food - 0.4%** | **Food - 0.4%** |
|  Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC, 3.50%, 03/15/2029 <sup>(a)</sup> | 175000 | 167017 |
|  Post Holdings, Inc., 4.63%, 04/15/2030 <sup>(a)</sup> | 125000 | 120083 |
|  |  | 287100 |
| **Food/Beverage/Tobacco - 1.6%** | **Food/Beverage/Tobacco - 1.6%** | **Food/Beverage/Tobacco - 1.6%** |
|  CD&R Smokey Buyer, Inc. / Radio Systems Corp., 9.50%, 10/15/2029 <sup>(a)</sup> | 125000 | 106483 |
|  Chobani Holdco II LLC, 8.75% (or 9.50% PIK), 10/01/2029 <sup>(a)</sup> | 109144 | 116316 |
|  Fiesta Purchaser, Inc., 7.88%, 03/01/2031 <sup>(a)</sup> | 175000 | 178206 |
|  KeHE Distributors LLC / KeHE Finance Corp. / NextWave Distribution, Inc., 9.00%, 02/15/2029 <sup>(a)</sup> | 375000 | 390489 |
|  Performance Food Group, Inc., 4.25%, 08/01/2029 <sup>(a)</sup> | 150000 | 144201 |
|  Post Holdings, Inc., 6.25%, 10/15/2034 <sup>(a)</sup> | 100000 | 98016 |
|  US Foods, Inc., 5.75%, 04/15/2033 <sup>(a)</sup> | 125000 | 124747 |
|  |  | 1158458 |
| **Gaming - 2.1%** | **Gaming - 2.1%** | **Gaming - 2.1%** |
|  Caesars Entertainment, Inc., 6.50%, 02/15/2032 <sup>(a)</sup> | 75000 | 74168 |
|  Great Canadian Gaming Corp./Raptor LLC, 8.75%, 11/15/2029 <sup>(a)</sup> | 200000 | 195239 |
|  Jacobs Entertainment, Inc., 6.75%, 02/15/2029 <sup>(a)</sup> | 200000 | 187172 |
| Penn Entertainment, Inc. | Penn Entertainment, Inc. | Penn Entertainment, Inc. |
| &nbsp;&nbsp; 5.63%, 01/15/2027 <sup>(a)</sup> | 375000 | 375049 |
| &nbsp;&nbsp; 4.13%, 07/01/2029 <sup>(a)</sup> | 350000 | 327401 |
|  Rivers Enterprise Borrower LLC, 6.25%, 10/15/2030 <sup>(a)</sup> | 100000 | 99788 |
|  Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp., 6.63%, 02/01/2033 <sup>(a)</sup> | 200000 | 198644 |
|  |  | 1457461 |
| **Healthcare - 5.4%** | **Healthcare - 5.4%** | **Healthcare - 5.4%** |
|  1261229 BC Ltd., 10.00%, 04/15/2032 <sup>(a)</sup> | 200000 | 204675 |
|  AdaptHealth LLC, 5.13%, 03/01/2030 <sup>(a)</sup> | 175000 | 167777 |
|  Avantor Funding, Inc., 4.63%, 07/15/2028 <sup>(a)</sup> | 200000 | 195199 |
|  Bausch + Lomb Corp., 8.38%, 10/01/2028 <sup>(a)</sup> | 225000 | 232594 |
| DaVita, Inc. | DaVita, Inc. | DaVita, Inc. |
| &nbsp;&nbsp; 3.75%, 02/15/2031 <sup>(a)</sup> | 100000 | 91693 |
| &nbsp;&nbsp; 6.88%, 09/01/2032 <sup>(a)</sup> | 150000 | 153174 |
|  Endo Finance Holdings LP, 8.50%, 04/15/2031 <sup>(a)</sup> | 150000 | 157165 |
|  Jazz Securities DAC, 4.38%, 01/15/2029 <sup>(a)</sup> | 200000 | 195186 |
|  LifePoint Health, Inc., 5.38%, 01/15/2029 <sup>(a)</sup> | 200000 | 192828 |
|  Medline Borrower LP, 5.25%, 10/01/2029 <sup>(a)</sup> | 150000 | 148754 |
|  National Mentor Holdings, Inc., 10.50%, 12/15/2030 <sup>(a)</sup> | 150000 | 154961 |
|  Paradigm Parent LLC and Paradigm Parent CO-Issuer, Inc., 8.75%, 04/17/2032 <sup>(a)</sup> | 200000 | 177858 |
|  Perrigo Finance Unlimited Co., 6.13%, 09/30/2032 | 700000 | 631304 |
|  Prime Healthcare Services, Inc., 9.38%, 09/01/2029 <sup>(a)</sup> | 275000 | 285424 |
|  Star Parent, Inc., 9.00%, 10/01/2030 <sup>(a)</sup> | 250000 | 260313 |
|  US Acute Care Solutions LLC, 9.75%, 05/15/2029 <sup>(a)</sup> | 525000 | 508119 |
|  |  | 3757024 |
| **Healthcare-Products - 0.9%** | **Healthcare-Products - 0.9%** | **Healthcare-Products - 0.9%** |
|  Embecta Corp., 5.00%, 02/15/2030 <sup>(a)</sup> | 400000 | 369300 |
|  Medline Borrower LP, 3.88%, 04/01/2029 <sup>(a)</sup> | 250000 | 241947 |
|  |  | 611247 |
| **Healthcare-Services - 0.7%** | **Healthcare-Services - 0.7%** | **Healthcare-Services - 0.7%** |
|  CHS/Community Health Systems, Inc., 5.25%, 05/15/2030 <sup>(a)</sup> | 125000 | 117833 |
| Tenet Healthcare Corp. | Tenet Healthcare Corp. | Tenet Healthcare Corp. |
| &nbsp;&nbsp; 5.13%, 11/01/2027 | 150000 | 149960 |
| &nbsp;&nbsp; 4.25%, 06/01/2029 | 250000 | 242997 |
|  |  | 510790 |
| **Home Builders - 0.3%** | **Home Builders - 0.3%** | **Home Builders - 0.3%** |
|  Brookfield Residential Properties, Inc. / Brookfield Residential US LLC, 6.25%, 09/15/2027 <sup>(a)</sup> | 250000 | 249750 |
| **Homebuilders/Real Estate - 6.7%** | **Homebuilders/Real Estate - 6.7%** | **Homebuilders/Real Estate - 6.7%** |
|  Apollo Commercial Real Estate Finance, Inc., 4.63%, 06/15/2029 <sup>(a)</sup> | 350000 | 347230 |
|  Ashton Woods USA LLC / Ashton Woods Finance Co., 6.88%, 08/01/2033 <sup>(a)</sup> | 150000 | 144706 |
| Blackstone Mortgage Trust, Inc. | Blackstone Mortgage Trust, Inc. | Blackstone Mortgage Trust, Inc. |
| &nbsp;&nbsp; 3.75%, 01/15/2027 <sup>(a)</sup> | 825000 | 811349 |
| &nbsp;&nbsp; 7.75%, 12/01/2029 <sup>(a)</sup> | 50000 | 52538 |
|  Century Communities, Inc., 6.63%, 09/15/2033 <sup>(a)</sup> | 425000 | 416615 |
| Howard Hughes Corp. | Howard Hughes Corp. | Howard Hughes Corp. |
| &nbsp;&nbsp; 4.13%, 02/01/2029 <sup>(a)</sup> | 100000 | 94663 |
| &nbsp;&nbsp; 6.13%, 03/01/2034 <sup>(a)</sup> | 175000 | 168356 |
|  Kennedy-Wilson, Inc., 4.75%, 02/01/2030 | 300000 | 300436 |
|  Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer, 5.88%, 10/01/2028 <sup>(a)</sup> | 525000 | 522919 |
|  RHP Hotel Properties LP / RHP Finance Corp., 4.50%, 02/15/2029 <sup>(a)</sup> | 125000 | 121191 |
|  RLJ Lodging Trust LP, 3.75%, 07/01/2026 <sup>(a)</sup> | 350000 | 348495 |
|  SBA Communications Corp., 3.13%, 02/01/2029 | 175000 | 165939 |
| Service Properties Trust | Service Properties Trust | Service Properties Trust |
| &nbsp;&nbsp; 4.95%, 02/15/2027 | 62000 | 62259 |
| &nbsp;&nbsp; 0.00%, 09/30/2027 <sup>(a)(b)</sup> | 150000 | 137281 |
| &nbsp;&nbsp; 4.38%, 02/15/2030 | 150000 | 132275 |
| Starwood Property Trust, Inc. | Starwood Property Trust, Inc. | Starwood Property Trust, Inc. |
| &nbsp;&nbsp; 4.38%, 01/15/2027 <sup>(a)</sup> | 125000 | 124401 |
| &nbsp;&nbsp; 7.25%, 04/01/2029 <sup>(a)</sup> | 125000 | 128877 |
|  Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC, 6.50%, 02/15/2029 <sup>(a)</sup> | 250000 | 243069 |
|  Uniti Services LLC, 7.50%, 10/15/2033 <sup>(a)</sup> | 75000 | 77596 |
| XHR LP | XHR LP | XHR LP |
| &nbsp;&nbsp; 4.88%, 06/01/2029 <sup>(a)</sup> | 50000 | 48462 |
| &nbsp;&nbsp; 6.63%, 05/15/2030 <sup>(a)</sup> | 250000 | 252732 |
|  |  | 4701389 |
| **Hotels - 0.1%** | **Hotels - 0.1%** | **Hotels - 0.1%** |
|  Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower, Inc., 5.00%, 06/01/2029 <sup>(a)</sup> | 50000 | 47502 |
| **Housewares - 0.2%** | **Housewares - 0.2%** | **Housewares - 0.2%** |
|  Central Garden & Pet Co., 4.13%, 10/15/2030 | 125000 | 117539 |
| **Insurance - 1.8%** | **Insurance - 1.8%** | **Insurance - 1.8%** |
|  Acrisure LLC / Acrisure Finance, Inc., 4.25%, 02/15/2029 <sup>(a)</sup> | 400000 | 377756 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer |
| &nbsp;&nbsp; 6.75%, 04/15/2028 <sup>(a)</sup> | 425000 | 427395 |
| &nbsp;&nbsp; 6.50%, 10/01/2031 <sup>(a)</sup> | 100000 | 98298 |
| Asurion LLC/ Asurion Co.-Issuer, Inc. | Asurion LLC/ Asurion Co.-Issuer, Inc. | Asurion LLC/ Asurion Co.-Issuer, Inc. |
| &nbsp;&nbsp; 8.00%, 12/31/2032 <sup>(a)</sup> | 125000 | 129571 |
| &nbsp;&nbsp; 8.38%, 02/01/2034 <sup>(a)</sup> | 225000 | 218158 |
|  |  | 1251178 |
| **Iron/Steel - 0.4%** | **Iron/Steel - 0.4%** | **Iron/Steel - 0.4%** |
|  Mineral Resources Ltd., 9.25%, 10/01/2028 <sup>(a)</sup> | 250000 | 259264 |
| **Leisure - 1.9%** | **Leisure - 1.9%** | **Leisure - 1.9%** |
|  Carnival Corp., 6.13%, 02/15/2033 <sup>(a)</sup> | 250000 | 252663 |
|  NCL Corp. Ltd., 5.88%, 01/15/2031 <sup>(a)</sup> | 200000 | 193253 |
|  Sabre GLBL, Inc., 11.13%, 07/15/2030 <sup>(a)</sup> | 75000 | 63656 |
|  SeaWorld Parks & Entertainment, Inc., 5.25%, 08/15/2029 <sup>(a)</sup> | 325000 | 310493 |
|  Six Flags Entertainment Corp. / Canada's Wonderland Co. / Magnum Management Corp., 5.25%, 07/15/2029 | 125000 | 119624 |
|  Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium Operations LLC, 8.63%, 01/15/2032 <sup>(a)</sup> | 75000 | 75228 |
|  Vail Resorts, Inc., 5.63%, 07/15/2030 <sup>(a)</sup> | 300000 | 297656 |
|  |  | 1312573 |
| **Lodging - 0.6%** | **Lodging - 0.6%** | **Lodging - 0.6%** |
|  Hilton Domestic Operating Co., Inc., 3.75%, 05/01/2029 <sup>(a)</sup> | 150000 | 143539 |
|  Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower, Inc., 4.88%, 07/01/2031 <sup>(a)</sup> | 150000 | 135345 |
|  Station Casinos LLC, 4.63%, 12/01/2031 <sup>(a)</sup> | 150000 | 140110 |
|  |  | 418994 |
| **Machinery-Diversified - 0.4%** | **Machinery-Diversified - 0.4%** | **Machinery-Diversified - 0.4%** |
|  Maxim Crane Works Holdings Capital LLC, 11.50%, 09/01/2028 <sup>(a)</sup> | 275000 | 286981 |
| **Media - 3.7%** | **Media - 3.7%** | **Media - 3.7%** |
| CCO Holdings LLC / CCO Holdings Capital Corp. | CCO Holdings LLC / CCO Holdings Capital Corp. | CCO Holdings LLC / CCO Holdings Capital Corp. |
| &nbsp;&nbsp; 5.38%, 06/01/2029 <sup>(a)</sup> | 500000 | 493426 |
| &nbsp;&nbsp; 4.75%, 03/01/2030 <sup>(a)</sup> | 325000 | 308058 |
|  Directv Financing LLC / Directv Financing Co.-Obligor, Inc., 5.88%, 08/15/2027 <sup>(a)</sup> | 195000 | 194622 |
|  DISH Network Corp., 11.75%, 11/15/2027 <sup>(a)</sup> | 350000 | 360845 |
|  Gray Media, Inc., 5.38%, 11/15/2031 <sup>(a)</sup> | 100000 | 73830 |
|  Nexstar Media, Inc., 4.75%, 11/01/2028 <sup>(a)</sup> | 125000 | 122915 |
|  Sirius XM Radio LLC, 4.00%, 07/15/2028 <sup>(a)</sup> | 475000 | 458668 |
| Univision Communications, Inc. | Univision Communications, Inc. | Univision Communications, Inc. |
| &nbsp;&nbsp; 8.00%, 08/15/2028 <sup>(a)</sup> | 250000 | 253623 |
| &nbsp;&nbsp; 4.50%, 05/01/2029 <sup>(a)</sup> | 375000 | 352638 |
|  |  | 2618625 |
| **Metals/Mining - 2.3%** | **Metals/Mining - 2.3%** | **Metals/Mining - 2.3%** |
|  Capstone Copper Corp., 6.75%, 03/31/2033 <sup>(a)</sup> | 325000 | 324290 |
|  Constellium SE, 5.63%, 06/15/2028 <sup>(a)</sup> | 525000 | 522617 |
| Mineral Resources Ltd. | Mineral Resources Ltd. | Mineral Resources Ltd. |
| &nbsp;&nbsp; 8.50%, 05/01/2030 <sup>(a)</sup> | 150000 | 154353 |
| &nbsp;&nbsp; 7.00%, 04/01/2031 <sup>(a)</sup> | 50000 | 51133 |
|  Novelis Corp., 4.75%, 01/30/2030 <sup>(a)</sup> | 400000 | 376380 |
|  SunCoke Energy, Inc., 4.88%, 06/30/2029 <sup>(a)</sup> | 225000 | 203288 |
|  |  | 1632061 |
| **Mining - 1.1%** | **Mining - 1.1%** | **Mining - 1.1%** |
|  ERO Copper Corp., 6.50%, 02/15/2030 <sup>(a)</sup> | 400000 | 396832 |
|  Kaiser Aluminum Corp., 4.50%, 06/01/2031 <sup>(a)</sup> | 400000 | 378182 |
|  |  | 775014 |
| **Miscellaneous Manufacturing - 0.4%** | **Miscellaneous Manufacturing - 0.4%** | **Miscellaneous Manufacturing - 0.4%** |
|  Calderys Financing LLC, 11.25%, 06/01/2028 <sup>(a)</sup> | 250000 | 258758 |
| **Oil & Gas - 0.4%** | **Oil & Gas - 0.4%** | **Oil & Gas - 0.4%** |
|  Ascent Resources Utica Holdings LLC / ARU Finance Corp., 5.88%, 06/30/2029 <sup>(a)</sup> | 150000 | 149957 |
|  Hilcorp Energy I LP / Hilcorp Finance Co., 6.00%, 02/01/2031 <sup>(a)</sup> | 150000 | 145979 |
|  |  | 295936 |
| **Packaging & Containers - 0.3%** | **Packaging & Containers - 0.3%** | **Packaging & Containers - 0.3%** |
|  Canpack SA / Canpack US LLC, 3.88%, 11/15/2029 <sup>(a)</sup> | 250000 | 234891 |
| **Pharmaceuticals - 0.5%** | **Pharmaceuticals - 0.5%** | **Pharmaceuticals - 0.5%** |
|  AdaptHealth LLC, 6.13%, 08/01/2028 <sup>(a)</sup> | 375000 | 374379 |
| **Pipelines - 2.6%** | **Pipelines - 2.6%** | **Pipelines - 2.6%** |
|  Harvest Midstream I LP, 7.50%, 09/01/2028 <sup>(a)</sup> | 525000 | 530233 |
|  Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp., 6.00%, 12/31/2030 <sup>(a)</sup> | 600000 | 597167 |
| Venture Global Calcasieu Pass LLC | Venture Global Calcasieu Pass LLC | Venture Global Calcasieu Pass LLC |
| &nbsp;&nbsp; 3.88%, 08/15/2029 <sup>(a)</sup> | 125000 | 118862 |
| &nbsp;&nbsp; 4.13%, 08/15/2031 <sup>(a)</sup> | 350000 | 324705 |
|  Venture Global LNG, Inc., 8.38%, 06/01/2031 <sup>(a)</sup> | 250000 | 260012 |
|  |  | 1830979 |
| **Pooled Investment/Equity/Other - 0.3%** | **Pooled Investment/Equity/Other - 0.3%** | **Pooled Investment/Equity/Other - 0.3%** |
|  Nexstar Media, Inc., 6.50%, 09/15/2033 <sup>(a)</sup> | 225000 | 226958 |
| **Publishing/Printing - 1.0%** | **Publishing/Printing - 1.0%** | **Publishing/Printing - 1.0%** |
|  Cimpress PLC, 7.38%, 09/15/2032 <sup>(a)</sup> | 200000 | 197907 |
| McGraw-Hill Education, Inc. | McGraw-Hill Education, Inc. | McGraw-Hill Education, Inc. |
| &nbsp;&nbsp; 5.75%, 08/01/2028 <sup>(a)</sup> | 350000 | 345972 |
| &nbsp;&nbsp; 7.38%, 09/01/2031 <sup>(a)</sup> | 125000 | 127713 |
|  |  | 671592 |
| **Real Estate - 0.6%** | **Real Estate - 0.6%** | **Real Estate - 0.6%** |
|  Kennedy-Wilson, Inc., 5.00%, 03/01/2031 | 400000 | 400748 |
| **REITS - 0.2%** | **REITS - 0.2%** | **REITS - 0.2%** |
|  Service Properties Trust, 5.50%, 12/15/2027 | 125000 | 125364 |
| **Restaurants - 0.3%** | **Restaurants - 0.3%** | **Restaurants - 0.3%** |
|  1011778 BC ULC / New Red Finance, Inc., 4.00%, 10/15/2030 <sup>(a)</sup> | 200000 | 188021 |
| **Services - 4.7%** | **Services - 4.7%** | **Services - 4.7%** |
|  ADT Security Corp., 5.88%, 10/15/2033 <sup>(a)</sup> | 75000 | 72695 |
|  Allied Universal Holdco LLC, 7.88%, 02/15/2031 <sup>(a)</sup> | 375000 | 386873 |
|  Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl, 4.63%, 06/01/2028 <sup>(a)</sup> | 575000 | 562067 |
|  Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 8.38%, 06/15/2032 <sup>(a)</sup> | 75000 | 74660 |
|  Beacon Mobility Corp., 7.25%, 08/01/2030 <sup>(a)</sup> | 225000 | 232595 |
|  BlueLinx Holdings, Inc., 6.00%, 11/15/2029 <sup>(a)</sup> | 150000 | 145362 |
| Clarivate Science Holdings Corp. | Clarivate Science Holdings Corp. | Clarivate Science Holdings Corp. |
| &nbsp;&nbsp; 3.88%, 07/01/2028 <sup>(a)</sup> | 50000 | 47227 |
| &nbsp;&nbsp; 4.88%, 07/01/2029 <sup>(a)</sup> | 125000 | 108583 |
|  Garda World Security Corp., 8.25%, 08/01/2032 <sup>(a)</sup> | 325000 | 321953 |
|  Graham Holdings Co., 5.63%, 12/01/2033 <sup>(a)</sup> | 175000 | 171357 |
| Neptune Bidco US, Inc. | Neptune Bidco US, Inc. | Neptune Bidco US, Inc. |
| &nbsp;&nbsp; 9.29%, 04/15/2029 <sup>(a)</sup> | 350000 | 350891 |
| &nbsp;&nbsp; 10.38%, 05/15/2031 <sup>(a)</sup> | 200000 | 201815 |
|  Prime Security Services Borrower LLC / Prime Finance, Inc., 3.38%, 08/31/2027 <sup>(a)</sup> | 200000 | 194746 |
|  RB Global Holdings, Inc., 7.75%, 03/15/2031 <sup>(a)</sup> | 125000 | 129566 |
|  WESCO Distribution, Inc., 6.63%, 03/15/2032 <sup>(a)</sup> | 150000 | 153634 |
|  Williams Scotsman, Inc., 6.63%, 06/15/2029 <sup>(a)</sup> | 150000 | 151879 |
|  |  | 3305903 |
| **Software - 0.5%** | **Software - 0.5%** | **Software - 0.5%** |
|  Open Text Corp., 3.88%, 02/15/2028 <sup>(a)</sup> | 350000 | 337086 |
| **Steel - 0.5%** | **Steel - 0.5%** | **Steel - 0.5%** |
| Cleveland-Cliffs, Inc. | Cleveland-Cliffs, Inc. | Cleveland-Cliffs, Inc. |
| &nbsp;&nbsp; 4.63%, 03/01/2029 <sup>(a)</sup> | 100000 | 95265 |
| &nbsp;&nbsp; 6.88%, 11/01/2029 <sup>(a)</sup> | 125000 | 124823 |
| &nbsp;&nbsp; 7.50%, 09/15/2031 <sup>(a)</sup> | 25000 | 24950 |
| &nbsp;&nbsp; 7.00%, 03/15/2032 <sup>(a)</sup> | 50000 | 48435 |
| &nbsp;&nbsp; 7.38%, 05/01/2033 <sup>(a)</sup> | 50000 | 48926 |
|  |  | 342399 |
| **Super Retail - 2.1%** | **Super Retail - 2.1%** | **Super Retail - 2.1%** |
| Advance Auto Parts, Inc. | Advance Auto Parts, Inc. | Advance Auto Parts, Inc. |
| &nbsp;&nbsp; 3.90%, 04/15/2030 | 100000 | 91811 |
| &nbsp;&nbsp; 7.38%, 08/01/2033 <sup>(a)</sup> | 75000 | 75980 |
|  Champ Acquisition Corp., 8.38%, 12/01/2031 <sup>(a)</sup> | 250000 | 262599 |
|  Ken Garff Automotive LLC, 4.88%, 09/15/2028 <sup>(a)</sup> | 125000 | 123019 |
| Magnera Corp. | Magnera Corp. | Magnera Corp. |
| &nbsp;&nbsp; 4.75%, 11/15/2029 <sup>(a)</sup> | 275000 | 248261 |
| &nbsp;&nbsp; 7.25%, 11/15/2031 <sup>(a)</sup> | 200000 | 183779 |
|  Michaels Cos., Inc., 8.50%, 03/15/2033 <sup>(a)</sup> | 150000 | 146185 |
|  Upbound Group, Inc., 6.38%, 02/15/2029 <sup>(a)</sup> | 175000 | 169726 |
|  Victra Holdings LLC / Victra Finance Corp., 8.75%, 09/15/2029 <sup>(a)</sup> | 200000 | 207704 |
|  |  | 1509064 |
| **Technology - 4.9%** | **Technology - 4.9%** | **Technology - 4.9%** |
| Cloud Software Group, Inc. | Cloud Software Group, Inc. | Cloud Software Group, Inc. |
| &nbsp;&nbsp; 6.50%, 03/31/2029 <sup>(a)</sup> | 125000 | 122112 |
| &nbsp;&nbsp; 9.00%, 09/30/2029 <sup>(a)</sup> | 300000 | 288344 |
| &nbsp;&nbsp; 8.25%, 06/30/2032 <sup>(a)</sup> | 275000 | 260321 |
| CoreWeave, Inc. | CoreWeave, Inc. | CoreWeave, Inc. |
| &nbsp;&nbsp; 9.25%, 06/01/2030 <sup>(a)</sup> | 100000 | 97676 |
| &nbsp;&nbsp; 9.00%, 02/01/2031 <sup>(a)</sup> | 100000 | 96122 |
|  Entegris, Inc., 5.95%, 06/15/2030 <sup>(a)</sup> | 250000 | 251656 |
|  Fortress Intermediate 3, Inc., 7.50%, 06/01/2031 <sup>(a)</sup> | 175000 | 174026 |
|  ION Platform Finance US, Inc. / ION Platform Finance SARL, 5.00%, 05/01/2028 <sup>(a)</sup> | 125000 | 116887 |
|  Kioxia Holdings Corp., 6.25%, 07/24/2030 <sup>(a)</sup> | 200000 | 203598 |
|  NCR Voyix Corp., 5.00%, 10/01/2028 <sup>(a)</sup> | 275000 | 265125 |
| OAK-Eagle Acquireco, Inc. | OAK-Eagle Acquireco, Inc. | OAK-Eagle Acquireco, Inc. |
| &nbsp;&nbsp; 7.25%, 07/01/2033 <sup>(a)</sup> | 50000 | 51904 |
| &nbsp;&nbsp; 8.75%, 07/01/2034 <sup>(a)</sup> | 50000 | 52439 |
|  Open Text Corp., 3.88%, 12/01/2029 <sup>(a)</sup> | 125000 | 111813 |
| Rocket Software, Inc. | Rocket Software, Inc. | Rocket Software, Inc. |
| &nbsp;&nbsp; 9.00%, 11/28/2028 <sup>(a)</sup> | 500000 | 497672 |
| &nbsp;&nbsp; 6.50%, 02/15/2029 <sup>(a)</sup> | 200000 | 180126 |
|  UKG, Inc., 6.88%, 02/01/2031 <sup>(a)</sup> | 275000 | 267087 |
|  Viavi Solutions, Inc., 3.75%, 10/01/2029 <sup>(a)</sup> | 200000 | 187554 |
|  ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/2029 <sup>(a)</sup> | 275000 | 227967 |
|  |  | 3452429 |
| **Telecommunications - 5.2%** | **Telecommunications - 5.2%** | **Telecommunications - 5.2%** |
|  APLD ComputeCo 2 LLC, 6.75%, 03/15/2031 <sup>(a)</sup> | 150000 | 148976 |
|  Connect Finco SARL / Connect US Finco LLC, 9.00%, 09/15/2029 <sup>(a)</sup> | 225000 | 236640 |
| EchoStar Corp. | EchoStar Corp. | EchoStar Corp. |
| &nbsp;&nbsp; 10.75%, 11/30/2029 | 550000 | 594476 |
| &nbsp;&nbsp; 6.75% (or 6.75% PIK), 11/30/2030 | 181497 | 183500 |
|  GCI LLC, 4.75%, 10/15/2028 <sup>(a)</sup> | 575000 | 553723 |
| Level 3 Financing, Inc. | Level 3 Financing, Inc. | Level 3 Financing, Inc. |
| &nbsp;&nbsp; 3.63%, 01/15/2029 <sup>(a)</sup> | 225000 | 212420 |
| &nbsp;&nbsp; 7.00%, 03/31/2034 <sup>(a)</sup> | 75000 | 76725 |
| &nbsp;&nbsp; 8.50%, 01/15/2036 <sup>(a)</sup> | 175000 | 182728 |
|  Viasat, Inc., 5.63%, 04/15/2027 <sup>(a)</sup> | 250000 | 248492 |
|  Virgin Media Finance PLC, 5.00%, 07/15/2030 <sup>(a)</sup> | 200000 | 164137 |
|  Virgin Media Secured Finance PLC, 5.50%, 05/15/2029 <sup>(a)</sup> | 250000 | 240176 |
|  Windstream Services LLC / Windstream Escrow Finance Corp., 8.25%, 10/01/2031 <sup>(a)</sup> | 325000 | 339796 |
|  Zayo Group Holdings, Inc., <sup>(a)</sup> | 261468 | 260088 |
|  Ziggo BV, 4.88%, 01/15/2030 <sup>(a)</sup> | 200000 | 186897 |
|  |  | 3628774 |
| **Transportation Excluding Air/Rail - 0.2%** | **Transportation Excluding Air/Rail - 0.2%** | **Transportation Excluding Air/Rail - 0.2%** |
|  RXO, Inc., 6.38%, 05/15/2031 <sup>(a)</sup> | 175000 | 168303 |
| **Utilities - 2.4%** | **Utilities - 2.4%** | **Utilities - 2.4%** |
| Alpha Generation LLC | Alpha Generation LLC | Alpha Generation LLC |
| &nbsp;&nbsp; 6.75%, 10/15/2032 <sup>(a)</sup> | 200000 | 202187 |
| &nbsp;&nbsp; 6.25%, 01/15/2034 <sup>(a)</sup> | 100000 | 98215 |
|  Hawaiian Electric Co., Inc., 6.00%, 10/01/2033 <sup>(a)</sup> | 125000 | 124861 |
|  Suburban Propane Partners LP/Suburban Energy Finance Corp., 5.00%, 06/01/2031 <sup>(a)</sup> | 325000 | 306126 |
|  Talen Energy Supply LLC, 6.50%, 02/01/2036 <sup>(a)</sup> | 250000 | 250397 |
|  TerraForm Power Operating LLC, 5.00%, 01/31/2028 <sup>(a)</sup> | 225000 | 222617 |
|  Vistra Operations Co. LLC, 6.88%, 04/15/2032 <sup>(a)</sup> | 250000 | 258621 |
|  XPLR Infrastructure Operating Partners LP, 8.38%, 01/15/2031 <sup>(a)</sup> | 200000 | 210401 |
|  |  | 1673425 |
| **TOTAL CORPORATE BONDS** (Cost $64,512,453) | **TOTAL CORPORATE BONDS** (Cost $64,512,453) | 64325187 |
| **BANK LOANS - 5.6%** | **Par**  | **Value**  |
| **Aerospace/Defense - 0.8%** | **Aerospace/Defense - 0.8%** | **Aerospace/Defense - 0.8%** |
| PAC DAC (Phoenix Aviation) T/L B (10/25), Senior Secured First Lien | PAC DAC (Phoenix Aviation) T/L B (10/25), Senior Secured First Lien | PAC DAC (Phoenix Aviation) T/L B (10/25), Senior Secured First Lien |
| &nbsp;&nbsp; 6.92% (1 mo. SOFR US + 3.25%), 10/09/2030 | 4980 | 4911 |
| &nbsp;&nbsp; 6.92% (3 mo. SOFR US + 3.25%), 10/09/2030 | 69833 | 68872 |
|  TransDigm, Inc., Senior Secured First Lien, 6.17% (1 mo. SOFR US + 2.50%), 02/10/2033 | 500000 | 500813 |
|  |  | 574596 |
| **Broadcasting - 0.1%** | **Broadcasting - 0.1%** | **Broadcasting - 0.1%** |
| EW Scripps Co., Senior Secured First Lien | EW Scripps Co., Senior Secured First Lien | EW Scripps Co., Senior Secured First Lien |
| &nbsp;&nbsp; 9.65% (1 mo. SOFR US + 5.75%), 06/30/2028 | 2948 | 2975 |
| &nbsp;&nbsp; 9.65% (1 mo. SOFR US + 5.75%), 06/30/2028 | 61436 | 61986 |
|  Sinclair Television Group, Inc., Senior Secured First Lien, 7.34% (1 mo. SOFR US + 3.30%), 12/31/2029 | 24812 | 22362 |
|  |  | 87323 |
| **Cable/Satellite TV - 0.0% <sup>(c)</sup>** | **Cable/Satellite TV - 0.0% <sup>(c)</sup>** | **Cable/Satellite TV - 0.0% <sup>(c)</sup>** |
|  Ziggo Financing Partnership, Senior Secured First Lien, 7.03% (3 mo. SOFR US + 3.25%), 01/14/2033 | 30754 | 30024 |
| **Capital Goods - 0.1%** | **Capital Goods - 0.1%** | **Capital Goods - 0.1%** |
|  Arcline FM Holdings LLC, Senior Secured First Lien, 6.45% (3 mo. SOFR US + 2.75%), 06/24/2030 | 56985 | 57143 |
| **Chemicals - 0.1%** | **Chemicals - 0.1%** | **Chemicals - 0.1%** |
|  Mativ Holdings, Inc., 8.18% (1 mo. Term SOFR + 4.50%), 03/30/2033 | 95455 | 92114 |
| **Consumer-Products - 0.3%** | **Consumer-Products - 0.3%** | **Consumer-Products - 0.3%** |
|  Recess Holdings, Inc., Senior Secured First Lien, 7.42% (3 mo. SOFR US + 3.75%), 02/20/2030 | 196019 | 196587 |
| **Containers - 0.4%** | **Containers - 0.4%** | **Containers - 0.4%** |
|  Proampac PG Borrower LLC, Senior Secured First Lien, 7.78% (1 mo. SOFR US + 4.00%), 03/07/2033 | 250000 | 242062 |
|  |  | 242062 |
| **Food/Beverage/Tobacco - 0.0% <sup>(c)</sup>** | **Food/Beverage/Tobacco - 0.0% <sup>(c)</sup>** | **Food/Beverage/Tobacco - 0.0% <sup>(c)</sup>** |
|  Savor Acquisition, Inc., Senior Secured First Lien, 6.67% (3 mo. SOFR US + 3.00%), 02/19/2032 | 27860 | 27929 |
| **Gaming - 0.2%** | **Gaming - 0.2%** | **Gaming - 0.2%** |
|  Great Canadian Gaming Corp., Senior Secured First Lien, 8.44% (3 mo. SOFR US + 4.75%), 11/01/2029 | 125000 | 123386 |
| **Healthcare - 0.7%** | **Healthcare - 0.7%** | **Healthcare - 0.7%** |
|  Cotiviti, Inc., First Lien, 6.42% (1 mo. Term SOFR + 2.75%), 05/01/2031 | 225000 | 207845 |
|  Paradigm Parent LLC, Senior Secured First Lien, 8.20% (3 mo. SOFR US + 4.50%), 04/19/2032 | 124375 | 103231 |
|  TEAM Services Holding, Inc., 8.92% (1 mo. Term SOFR + 5.25%), 03/31/2033 | 192000 | 182760 |
|  |  | 493836 |
| **Homebuilders/Real Estate - 0.4%** | **Homebuilders/Real Estate - 0.4%** | **Homebuilders/Real Estate - 0.4%** |
|  Crown Subsea Communications Holding, Inc., Senior Secured First Lien, 6.67% (1 mo. SOFR US + 3.00%), 01/30/2031 | 247500 | 248583 |
| **Hotels - 0.4%** | **Hotels - 0.4%** | **Hotels - 0.4%** |
|  Beacon Mobility Corp., First Lien, 0.00% (1 mo. Term SOFR + 2.75%), 08/06/2030 <sup>(b)(d)</sup> | 10572 | 10601 |
|  Travel + Leisure Co., Senior Secured First Lien, 5.67% (1 mo. SOFR US + 2.00%), 12/14/2029 | 245023 | 244794 |
|  |  | 255395 |
| **Media - 0.6%** | **Media - 0.6%** | **Media - 0.6%** |
|  Cogeco Communications USA II LP, Senior Secured First Lien, 6.92% (1 mo. SOFR US + 3.25%), 09/30/2030 | 194979 | 185438 |
|  Telenet Financing USD LLC, Senior Secured First Lien, 5.90% (1 mo. SOFR US + 2.00%), 04/28/2028 | 200000 | 197959 |
|  |  | 383397 |
| **Restaurants - 0.2%** | **Restaurants - 0.2%** | **Restaurants - 0.2%** |
|  1011778 BC ULC, Senior Secured First Lien, 5.42% (1 mo. SOFR US + 1.75%), 09/23/2030 | 140707 | 140567 |
| **Services - 0.1%** | **Services - 0.1%** | **Services - 0.1%** |
|  DXP Enterprises, Inc./TX, Senior Secured First Lien, 6.92% (1 mo. SOFR US + 3.25%), 10/11/2030 | 97765 | 98437 |
| **Technology - 0.1%** | **Technology - 0.1%** | **Technology - 0.1%** |
|  Viavi Solutions, Inc., Senior Secured First Lien, 6.17% (3 mo. SOFR US + 2.50%), 10/18/2032 | 93750 | 94102 |
| **Telecommunications - 0.5%** | **Telecommunications - 0.5%** | **Telecommunications - 0.5%** |
|  Connect Finco SARL, Senior Secured First Lien, 8.17% (1 mo. SOFR US + 4.50%), 09/28/2029 | 349109 | 350364 |
| **Transportation Excluding Air/Rail - 0.6%** | **Transportation Excluding Air/Rail - 0.6%** | **Transportation Excluding Air/Rail - 0.6%** |
|  Beacon Mobility Corp., Senior Secured First Lien, 6.45% (3 mo. SOFR US + 2.75%), 08/06/2030 | 214428 | 214998 |
|  First Student Bidco, Inc., Senior Secured First Lien, 5.95% (3 mo. SOFR US + 2.25%), 08/15/2030 | 236756 | 236288 |
|  |  | 451286 |
| **TOTAL BANK LOANS** (Cost $3,963,759) | **TOTAL BANK LOANS** (Cost $3,963,759) | 3947131 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 2.0%** | **Shares**  | **Value**  |
| First American Treasury Obligations Fund - Class X, 3.59% <sup>(e)</sup> | 1400110 | 1400110 |
| **TOTAL MONEY MARKET FUNDS** (Cost $1,400,110) | **TOTAL MONEY MARKET FUNDS** (Cost $1,400,110) | 1400110 |
| **TOTAL INVESTMENTS - 99.4% (**Cost $69,876,322**)** | **TOTAL INVESTMENTS - 99.4% (**Cost $69,876,322**)** | 69672428 |
| Other Assets in Excess of Liabilities - 0.6% | Other Assets in Excess of Liabilities - 0.6% | 404299 |
| **TOTAL NET ASSETS - 100.0%** |  | $70076727 |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

---

| |
|:---|
| LLC - Limited Liability Company |
| LP - Limited Partnership |
| PIK - Payment in Kind |
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust |
| SOFR - Secured Overnight Financing Rate |

---

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional
 investors. As of March 31, 2026, the value of these securities total $58,404,739 or 83.3% of the Fund's net assets.

(b) Zero coupon bonds make no periodic interest payments.

(c) Represents less than 0.05% of net assets.

(d) As of March 31, 2026, the Fund had entered into the following commitments to fund various revolving and delayed draw senior secured and subordinated loans. Such commitments are subject to the satisfaction of certain
 conditions set forth in the documents governing these loans and there can be no assurance that such conditions will be satisfied. All values are reflected at par. All or a part are unfunded.<br>

(e) The rate shown represents the 7-day annualized yield as of March 31, 2026.

------

#### Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
Muzinich Flexible U.S. High Yield Income Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $64325187 | $– | $64325187 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 3947131 | – | 3947131 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1400110 | – | – | 1400110 |
| Total Investments | $1400110 | $68272318 | $– | $69672428 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Professionally Managed Portfolios

- **b. Investment Company Act file number:** 811-05037

- **c. CIK number of Registrant:** 0000811030

- **d. LEI of Registrant:** 254900BPISCYGRJD2727

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1523

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

- **a. Name of Series:** Muzinich Flexible U.S. High Yield Income Fund

- **b. EDGAR series identifier (if any):** S000036429

- **c. LEI of Series:** 549300O1ZM1V1MCXGF75

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $71084698.21

**Total Liabilities:** $1160130.20

**Net Assets:** $69924568.01

**Delayed Delivery Securities:** $100000.00

**Cash Not Reported:** $6728.54

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 61.739656000000 | **1-Year:** 60.546031000000 | **5-Year:** 0.617142000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 9014.572454000000 | **1-Year:** 5988.901010000000 | **5-Year:** 2603.356338000000 | **10-Year:** 699.482898000000 | **30-Year:** 76.197416000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000111439 | 0.25%                | 0.22%                | -1.04%               |
| Class ID C000111440 | 0.25%                | 0.22%                | -1.04%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $41127.60                | $-210137.66                                |
| Month 2  | $40946.55                | $-257029.38                                |
| Month 3  | $90260.81                | $-1174408.39                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GOODYEAR TIRE & RUBBER         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BJ9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135471.77    | 0.19%             | 2031-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BR1<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    225000 | PA      | $201167.75    | 0.29%             | 2031-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GRAHAM HOLDINGS CO             | Graham Holdings Co                                                               | CUSIP: 384637AC8<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171356.87    | 0.25%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN       | Graphic Packaging International LLC                                              | CUSIP: 38869AAE7<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74627.75     | 0.11%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP        | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    175000 | PA      | $165938.99    | 0.24%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC         | SCIH Salt Holdings Inc                                                           | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $395714.08    | 0.57%             | 2028-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC          | Scripps Escrow II Inc                                                            | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $92519.51     | 0.13%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA       | SeaWorld Parks & Entertainment Inc                                               | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |    325000 | PA      | $310493.14    | 0.44%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| APH/APH2/APH3/AQUARIAN         | APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    475000 | PA      | $427587.88    | 0.61%             | 2029-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99515.24     | 0.14%             | 2029-04-20      | Fixed         | 5.75%                 | 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        |    100000 | PA      | $98297.70     | 0.14%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO        | Allied Universal Holdco LLC                                                      | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |    375000 | PA      | $386872.50    | 0.55%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC           | Alpha Generation LLC                                                             | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202187.00    | 0.29%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC           | Alpha Generation LLC                                                             | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98215.25     | 0.14%             | 2034-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49341.40     | 0.07%             | 2032-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96880.00     | 0.14%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO 2 LLC           | APLD ComputeCo 2 LLC                                                             | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148975.73    | 0.21%             | 2031-03-15      | Fixed         | 6.75%                 | 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        |    500000 | PA      | $493426.20    | 0.71%             | 2029-06-01      | Fixed         | 5.38%                 | 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        |    325000 | PA      | $308057.78    | 0.44%             | 2030-03-01      | Fixed         | 4.75%                 | 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        |    400000 | PA      | $364536.02    | 0.52%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    125000 | PA      | $117832.99    | 0.17%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CANPACK SA/CANPACK US          | Canpack SA / Canpack US LLC                                                      | CUSIP: 13806CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | PL        |    250000 | PA      | $234890.55    | 0.34%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP           | Capstone Copper Corp                                                             | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |    325000 | PA      | $324290.14    | 0.46%             | 2033-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    250000 | PA      | $252663.00    | 0.36%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC           | Chart Industries Inc                                                             | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    125000 | PA      | $131359.75    | 0.19%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CHOBANI HOLDCO II LLC          | Chobani Holdco II LLC                                                            | CUSIP: 169918AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    109144 | PA      | $116316.24    | 0.17%             | 2029-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CIMPRESS PLC                   | Cimpress PLC                                                                     | CUSIP: 17186HAH5<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $197906.86    | 0.28%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC               | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    275000 | PA      | $272825.69    | 0.39%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DCLI BIDCO LLC                 | Dcli Bidco LLC                                                                   | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101575.90    | 0.15%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                     | DaVita Inc                                                                       | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153173.70    | 0.22%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE         | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $310414.55    | 0.44%             | 2029-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC          | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $194621.97    | 0.28%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP              | DISH Network Corp                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    350000 | PA      | $360845.10    | 0.52%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC          | Directv Financing LLC                                                            | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $174692.96    | 0.25%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                 | Gray Media Inc                                                                   | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73829.69     | 0.11%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                 | Gray Media Inc                                                                   | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    115000 | PA      | $122236.61    | 0.17%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                 | Gray Media Inc                                                                   | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75020.91     | 0.11%             | 2032-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| GREAT CAN GAMING/RAPTOR        | Great Canadian Gaming Corp/Raptor LLC                                            | CUSIP: 389925AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    200000 | PA      | $195238.82    | 0.28%             | 2029-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST       | Service Properties Trust                                                         | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     62000 | PA      | $62258.40     | 0.09%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST       | Service Properties Trust                                                         | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132274.59    | 0.19%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC         | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    225000 | PA      | $198490.50    | 0.28%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC         | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    150000 | PA      | $99669.00     | 0.14%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC         | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBY8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120834.38    | 0.17%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST       | Service Properties Trust                                                         | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125364.13    | 0.18%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST       | Service Properties Trust                                                         | CUSIP: 81761LAF9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137281.23    | 0.20%             | 2027-09-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DXP ENTERPRISES INC            | DXP Enterprises Inc/TX                                                           | CUSIP: 23338DAS5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     98010 | PA      | $98683.82     | 0.14%             | 2030-10-11      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| CD&R SMOKEY / RADIO SYS        | CD&R Smokey Buyer Inc / Radio Systems Corp                                       | CUSIP: 12515KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $106483.23    | 0.15%             | 2029-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO        | Central Garden & Pet Co                                                          | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    125000 | PA      | $117539.23    | 0.17%             | 2030-10-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES            | Century Communities Inc                                                          | CUSIP: 156504AN2<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    425000 | PA      | $416615.35    | 0.60%             | 2033-09-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CHAMP ACQUISITION CORP         | Champ Acquisition Corp                                                           | CUSIP: 15807XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $262599.75    | 0.38%             | 2031-12-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| COMPASS MINERALS INTERNA       | Compass Minerals International Inc                                               | CUSIP: 20451NAJ0<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129242.88    | 0.18%             | 2030-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE       | Connect Finco SARL / Connect US Finco LLC                                        | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    225000 | PA      | $236640.38    | 0.34%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                 | Constellium SE                                                                   | CUSIP: 21039CAA2<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |    525000 | PA      | $522617.08    | 0.75%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                  | CoreWeave Inc                                                                    | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97676.44     | 0.14%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                  | CoreWeave Inc                                                                    | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96121.51     | 0.14%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CROSSCOUNTRY INTER             | CrossCountry Intermediate HoldCo LLC                                             | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $166710.74    | 0.24%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CYPRIUM CORP/CYPRIUM HOL       | Cyprium Corp / Cyprium Holdings Luxembourg Sarl                                  | CUSIP: 23292NAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $146375.62    | 0.21%             | 2034-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                     | DaVita Inc                                                                       | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91692.85     | 0.13%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                  | EchoStar Corp                                                                    | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    181497 | PA      | $183500.05    | 0.26%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                  | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    550000 | PA      | $594476.17    | 0.85%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    225000 | PA      | $223778.09    | 0.32%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                   | Embecta Corp                                                                     | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |    400000 | PA      | $369299.76    | 0.53%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC         | Energizer Holdings Inc                                                           | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    375000 | PA      | $369371.89    | 0.53%             | 2028-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC         | Energizer Holdings Inc                                                           | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190401.60    | 0.27%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS LP       | Endo Finance Holdings LP                                                         | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $157165.35    | 0.22%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                   | Entegris Inc                                                                     | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251655.75    | 0.36%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ERO COPPER CORP                | ERO Copper Corp                                                                  | CUSIP: 296006AA7<br>LEI: 549300KL8A21SEIO8I47 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $396831.96    | 0.57%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FMC CORP                       | FMC Corp                                                                         | CUSIP: 302491AU9<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178671.52    | 0.26%             | 2029-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC           | Fiesta Purchaser Inc                                                             | CUSIP: 31659AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $178206.35    | 0.25%             | 2031-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund                                         | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   1400110 | NS      | $1400109.65   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTRESS INTERMEDIATE          | Fortress Intermediate 3 Inc                                                      | CUSIP: 34966MAA0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174026.49    | 0.25%             | 2031-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP          | Freedom Mortgage Corp                                                            | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149864.78    | 0.21%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD          | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73844.29     | 0.11%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| GCI LLC                        | GCI LLC                                                                          | CUSIP: 36166TAB6<br>LEI: 549300N3IE9H88Q20221 | Long             | DBT              | CORP              | US        |    575000 | PA      | $553723.00    | 0.79%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY           | Garda World Security Corp                                                        | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    325000 | PA      | $321953.32    | 0.46%             | 2032-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD        | Global Aircraft Leasing Co Ltd                                                   | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    525000 | PA      | $533309.70    | 0.76%             | 2027-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| GLOBAL INFRASTRUCTURE SO       | Global Infrastructure Solutions Inc                                              | CUSIP: 37960XAA5<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |    400000 | PA      | $392652.84    | 0.56%             | 2029-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE        | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100044.29    | 0.14%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MIWD HLDCO II/MIWD FIN         | MIWD Holdco II LLC / MIWD Finance Corp                                           | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $237543.98    | 0.34%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD          | Mineral Resources Ltd                                                            | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $259263.94    | 0.37%             | 2028-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD          | Mineral Resources Ltd                                                            | CUSIP: 603051AF0<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     50000 | PA      | $51133.25     | 0.07%             | 2031-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES IN       | Minerals Technologies Inc                                                        | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |    800000 | PA      | $788499.21    | 1.13%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NCR VOYIX CORP                 | NCR Voyix Corp                                                                   | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    275000 | PA      | $265124.72    | 0.38%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD            | NCL Corp Ltd                                                                     | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $193252.88    | 0.28%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NATIONAL MENTOR HOLDINGS       | National Mentor Holdings Inc                                                     | CUSIP: 63688RAF4<br>LEI: 5493004QULJVJP3CNZ62 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154960.65    | 0.22%             | 2030-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC           | Neptune Bidco US Inc                                                             | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350890.75    | 0.50%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC           | Neptune Bidco US Inc                                                             | CUSIP: 640695AC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201815.00    | 0.29%             | 2031-05-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC           | Neptune Bidco US Inc                                                             | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145706.66    | 0.21%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L       | New Enterprise Stone & Lime Co Inc                                               | CUSIP: 644274AH5<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |    450000 | PA      | $443638.02    | 0.63%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                  | PRA Group Inc                                                                    | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184682.74    | 0.26%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                  | PRA Group Inc                                                                    | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    225000 | PA      | $226718.33    | 0.32%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL       | Phoenix Aviation Capital Ltd                                                     | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |    250000 | PA      | $251715.75    | 0.36%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC              | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120082.85    | 0.17%             | 2030-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC              | Post Holdings Inc                                                                | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98016.01     | 0.14%             | 2034-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICE       | Prime Healthcare Services Inc                                                    | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $285423.88    | 0.41%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $194746.36    | 0.28%             | 2027-08-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FDG/PFG FIN          | Provident Funding Associates LP / PFG Finance Corp                               | CUSIP: 74387UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $179301.85    | 0.26%             | 2029-09-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $121191.39    | 0.17%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP           | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAA9<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              | CORP              | US        |    350000 | PA      | $348495.18    | 0.50%             | 2026-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RXO INC                        | RXO Inc                                                                          | CUSIP: 74982TAA1<br>LEI: 549300KL8CA6GP8XPM30 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168302.87    | 0.24%             | 2031-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| UPBOUND GROUP INC              | Upbound Group Inc                                                                | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |    175000 | PA      | $169725.99    | 0.24%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| RB GLOBAL HOLDINGS INC         | RB Global Holdings Inc                                                           | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151984.50    | 0.22%             | 2028-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RB GLOBAL HOLDINGS INC         | RB Global Holdings Inc                                                           | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129566.13    | 0.19%             | 2031-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE              | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp                  | CUSIP: 76883NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $198643.68    | 0.28%             | 2033-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| RIVERS ENT BORROWER LLC        | Rivers Enterprise Borrower LLC                                                   | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99788.65     | 0.14%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC            | Rocket Software Inc                                                              | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180126.12    | 0.26%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC            | Rocket Software Inc                                                              | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497672.40    | 0.71%             | 2028-11-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE       | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295806.06    | 0.42%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63656.25     | 0.09%             | 2030-07-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| US FOODS INC                   | US Foods Inc                                                                     | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124747.04    | 0.18%             | 2033-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| US ACUTE CARE SOLUTIONS        | US Acute Care Solutions LLC                                                      | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $508118.78    | 0.73%             | 2029-05-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC               | Vail Resorts Inc                                                                 | CUSIP: 91879QAQ2<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297656.25    | 0.43%             | 2030-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE          | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    550000 | PA      | $582910.35    | 0.83%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE          | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26040.04     | 0.04%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118861.64    | 0.17%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    350000 | PA      | $324705.01    | 0.46%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC         | Venture Global LNG Inc                                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260012.50    | 0.37%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC         | Venture Global LNG Inc                                                           | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    325000 | PA      | $331937.45    | 0.47%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VERITIV OPERATING CO           | Veritiv Operating Co                                                             | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155812.35    | 0.22%             | 2030-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| VIASAT INC                     | Viasat Inc                                                                       | CUSIP: 92552VAL4<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248492.35    | 0.36%             | 2027-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC            | Viavi Solutions Inc                                                              | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187553.96    | 0.27%             | 2029-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VICTRA HLDG/VICTRA FIN         | Victra Holdings LLC / Victra Finance Corp                                        | CUSIP: 92648DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $207704.20    | 0.30%             | 2029-09-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC       | Virgin Media Finance PLC                                                         | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $164136.86    | 0.23%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN       | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $240176.00    | 0.34%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS        | VistaJet Malta Finance PLC / Vista Management Holding Inc                        | CUSIP: 92840JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | MT        |    250000 | PA      | $247018.48    | 0.35%             | 2027-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC       | Vistra Operations Co LLC                                                         | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258620.66    | 0.37%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC              | Waste Pro USA Inc                                                                | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152057.25    | 0.22%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                   | Cotiviti Inc                                                                     | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    225000 | PA      | $207844.88    | 0.30%             | 2031-05-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL             | Connect Finco SARL                                                               | CUSIP: L2000DAH7<br>LEI: 2594001KNYIQ456J2792 | Long             | LON              | CORP              | LU        |    350000 | PA      | $351258.25    | 0.50%             | 2029-09-28      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| RECESS HOLDINGS INC            | Recess Holdings Inc                                                              | CUSIP: 72811HAJ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    196515 | PA      | $197084.89    | 0.28%             | 2030-02-20      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC          | Savor Acquisition Inc                                                            | CUSIP: 80536AAB8<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |     27930 | PA      | $27999.64     | 0.04%             | 2032-02-19      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC            | Viavi Solutions Inc                                                              | CUSIP: N/A<br>LEI: 5493006K3E3N1QOBF092       | Long             | LON              | CORP              | US        |     93750 | PA      | $94101.56     | 0.13%             | 2032-10-18      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| EW SCRIPPS CO                  | EW Scripps Co/The                                                                | CUSIP: 26928BAQ2<br>LEI: 549300U1OW41QPKYW028 | Long             | LON              | CORP              | US        |     61436 | PA      | $61986.03     | 0.09%             | 2028-06-30      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| EW SCRIPPS CO                  | EW Scripps Co/The                                                                | CUSIP: 26928BAQ2<br>LEI: 549300U1OW41QPKYW028 | Long             | LON              | CORP              | US        |      2948 | PA      | $2974.82      | 0.00%             | 2028-06-30      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC        | First Student Bidco Inc                                                          | CUSIP: 33718FAQ3<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |    200136 | PA      | $199740.18    | 0.29%             | 2030-08-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC        | First Student Bidco Inc                                                          | CUSIP: 33718FAR1<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |     36620 | PA      | $36547.48     | 0.05%             | 2030-08-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| CROWN SUBSEA COMMUNICATI       | Crown Subsea Communications Holding Inc                                          | CUSIP: 22860EAL6<br>LEI: 5493003AYLUE132FIO27 | Long             | LON              | CORP              | US        |    247500 | PA      | $248582.81    | 0.36%             | 2031-01-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| PROAMPAC PG BORROWER LLC       | Proampac PG Borrower LLC                                                         | CUSIP: 74274NAM5<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |    176933 | PA      | $171315.54    | 0.25%             | 2033-03-07      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| PROAMPAC PG BORROWER LLC       | Proampac PG Borrower LLC                                                         | CUSIP: 74274NAM5<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |     73067 | PA      | $70746.96     | 0.10%             | 2033-03-07      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS             | Advance Auto Parts Inc                                                           | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75979.88     | 0.11%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ADVANTAGE SALES & MARKET       | Advantage Sales & Marketing Inc                                                  | CUSIP: 00775DAC8<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |     71008 | PA      | $52723.25     | 0.08%             | 2030-11-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                     | Air Canada                                                                       | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $174215.21    | 0.25%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $167017.18    | 0.24%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                   | ADT Security Corp/The                                                            | CUSIP: 00109LAB9<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72694.61     | 0.10%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $377755.64    | 0.54%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                | AdaptHealth LLC                                                                  | CUSIP: 00653VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $374379.26    | 0.54%             | 2028-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                | AdaptHealth LLC                                                                  | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $167776.92    | 0.24%             | 2030-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS         | Adient Global Holdings Ltd                                                       | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    175000 | PA      | $177027.73    | 0.25%             | 2033-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS             | Advance Auto Parts Inc                                                           | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91810.80     | 0.13%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                 | 1261229 BC Ltd                                                                   | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    200000 | PA      | $204675.11    | 0.29%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| 1011778 BC ULC                 | 1011778 BC ULC                                                                   | CUSIP: C6901LAM9<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |    141081 | PA      | $140940.26    | 0.20%             | 2030-09-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                 | Azorra Finance Ltd                                                               | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |    100000 | PA      | $101032.20    | 0.14%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP             | Bausch + Lomb Corp                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |    225000 | PA      | $232593.75    | 0.33%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT         | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149657.25    | 0.21%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT         | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAF4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    250000 | PA      | $232340.70    | 0.33%             | 2030-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MAXIM CRANE WORKS LLC          | Maxim Crane Works Holdings Capital LLC                                           | CUSIP: 57779EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $286981.48    | 0.41%             | 2028-09-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC              | Newell Brands Inc                                                                | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143530.62    | 0.21%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC              | Newell Brands Inc                                                                | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72025.86     | 0.10%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC              | Nexstar Media Inc                                                                | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122915.05    | 0.18%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC              | Nexstar Media Inc                                                                | CUSIP: 65346UAB5<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    225000 | PA      | $226957.91    | 0.32%             | 2033-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PARADIGM PRNT/CO-ISSUER        | Paradigm Parent LLC and Paradigm Parent CO-Issuer Inc                            | CUSIP: 69902PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $177858.40    | 0.25%             | 2032-04-17      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $522919.01    | 0.75%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $243068.77    | 0.35%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS       | Univision Communications Inc                                                     | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    375000 | PA      | $352637.96    | 0.50%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITI SERVICES LLC             | Uniti Services LLC                                                               | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77595.53     | 0.11%             | 2033-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PARADIGM PARENT LLC            | Paradigm Parent LLC                                                              | CUSIP: 69902BAB5<br>LEI: 254900EDT9YE5UFH3458 | Long             | LON              | CORP              | US        |    124688 | PA      | $103490.63    | 0.15%             | 2032-04-19      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| BEACON MOBILITY CORP           | Beacon Mobility Corp                                                             | CUSIP: 07363PAE0<br>LEI: 254900EBTYFG24UQEM31 | Long             | LON              | CORP              | US        |    214428 | PA      | $214998.09    | 0.31%             | 2030-08-06      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| BEACON MOBILITY CORP           | Beacon Mobility Corp                                                             | CUSIP: 07363PAG5<br>LEI: 254900EBTYFG24UQEM31 | Long             | LON              | CORP              | US        |     10572 | PA      | $10600.41     | 0.02%             | 2030-08-06      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $427394.88    | 0.61%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    200000 | PA      | $188021.34    | 0.27%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143539.08    | 0.21%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC       | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47502.17     | 0.07%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC       | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $135345.02    | 0.19%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC         | WESCO Distribution Inc                                                           | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153634.50    | 0.22%             | 2032-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                 | Whirlpool Corp                                                                   | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    175000 | PA      | $165843.62    | 0.24%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC          | Williams Scotsman Inc                                                            | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151878.90    | 0.22%             | 2029-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR       | Windstream Services LLC / Windstream Escrow Finance Corp                         | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $339796.28    | 0.49%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL HLDGS          | Bread Financial Holdings Inc                                                     | CUSIP: 018581AR9<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99330.27     | 0.14%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BEACON MOBILITY CORP           | Beacon Mobility Corp                                                             | CUSIP: 073644AA4<br>LEI: 254900EBTYFG24UQEM31 | Long             | DBT              | CORP              | US        |    225000 | PA      | $232595.10    | 0.33%             | 2030-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR         | Blackstone Mortgage Trust Inc                                                    | CUSIP: 09257WAD2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |    825000 | PA      | $811348.81    | 1.16%             | 2027-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR         | Blackstone Mortgage Trust Inc                                                    | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52538.30     | 0.08%             | 2029-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BLUELINX HOLDING               | BlueLinx Holdings Inc                                                            | CUSIP: 09624HAA7<br>LEI: 549300YSX7GU28F5I540 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145361.55    | 0.21%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT       | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    250000 | PA      | $249750.03    | 0.36%             | 2027-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC       | Builders FirstSource Inc                                                         | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    175000 | PA      | $161306.11    | 0.23%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN       | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188344.00    | 0.27%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN       | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176767.00    | 0.25%             | 2030-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN       | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAG4<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    200000 | PA      | $167242.00    | 0.24%             | 2033-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC          | Caesars Entertainment Inc                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120297.96    | 0.17%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC          | Caesars Entertainment Inc                                                        | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74167.76     | 0.11%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CALDERYS FINANCING LLC         | Calderys Financing LLC                                                           | CUSIP: 128786AA8<br>LEI: 254900ZIKDM74XNEFV84 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258758.25    | 0.37%             | 2028-06-01      | Fixed         | 11.25%                | 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        |    425000 | PA      | $415246.55    | 0.59%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON           | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp   | CUSIP: 150190AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $119624.03    | 0.17%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OP CORP        | Gulfport Energy Operating Corp                                                   | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76783.80     | 0.11%             | 2029-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP         | Harvest Midstream I LP                                                           | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    525000 | PA      | $530232.68    | 0.76%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HAWAIIAN ELEC CO               | Hawaiian Electric Co Inc                                                         | CUSIP: 419866AV0<br>LEI: 549300PQE8D806LWQV52 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124861.18    | 0.18%             | 2033-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $145978.68    | 0.21%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION          | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    350000 | PA      | $345972.34    | 0.49%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION          | McGraw-Hill Education Inc                                                        | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127712.50    | 0.18%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE           | Michaels Cos Inc/The                                                             | CUSIP: 59408QAB2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146184.84    | 0.21%             | 2033-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MIDCONTINENT COMMUNICATI       | Midcontinent Communications                                                      | CUSIP: 59565XAD2<br>LEI: 549300ZI9GDQBS28C408 | Long             | DBT              | CORP              | US        |    375000 | PA      | $349388.59    | 0.50%             | 2032-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD          | Mineral Resources Ltd                                                            | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $154353.30    | 0.22%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP            | Medline Borrower LP                                                              | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241946.83    | 0.35%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP            | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148754.52    | 0.21%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN        | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $221016.96    | 0.32%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST        | Starwood Property Trust Inc                                                      | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    125000 | PA      | $128876.88    | 0.18%             | 2029-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC            | Station Casinos LLC                                                              | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140110.01    | 0.20%             | 2031-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS       | Suburban Propane Partners LP/Suburban Energy Finance Corp                        | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $306125.85    | 0.44%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUNCOKE ENERGY INC             | SunCoke Energy Inc                                                               | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |    225000 | PA      | $203287.37    | 0.29%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU       | Sinclair Television Group Inc                                                    | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305250.00    | 0.44%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    475000 | PA      | $458667.74    | 0.66%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CAN WON/MILLEN       | Six Flags Entertainment Corp/Canada's Wonderland Co/Millennium Operations LLC    | CUSIP: 83003AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $75227.52     | 0.11%             | 2032-01-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| SNAP INC                       | Snap Inc                                                                         | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47243.59     | 0.07%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SNAP INC                       | Snap Inc                                                                         | CUSIP: 83304AAM8<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70586.82     | 0.10%             | 2034-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                      | Block Inc                                                                        | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248463.35    | 0.36%             | 2030-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI       | Standard Building Solutions Inc                                                  | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125144.75    | 0.18%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY       | Standard Industries Inc/NY                                                       | CUSIP: 853496AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $188558.62    | 0.27%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY       | Standard Industries Inc/NY                                                       | CUSIP: 853496AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $67253.66     | 0.10%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| STAR PARENT INC                | Star Parent Inc                                                                  | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260313.25    | 0.37%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124401.37    | 0.18%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS       | Univision Communications Inc                                                     | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253623.55    | 0.36%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU       | Sinclair Television Group Inc                                                    | CUSIP: 829229AU7<br>LEI: 549300CQGEN0CH65UD62 | Long             | LON              | CORP              | US        |     24875 | PA      | $22418.43     | 0.03%             | 2029-12-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI        | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 019579AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    575000 | PA      | $562066.76    | 0.80%             | 2028-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| APOLLO CMMRL REAL EST FI       | Apollo Commercial Real Estate Finance Inc                                        | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |    350000 | PA      | $347230.28    | 0.50%             | 2029-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC               | Arches Buyer Inc                                                                 | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    175000 | PA      | $169083.15    | 0.24%             | 2028-06-01      | Fixed         | 4.25%                 | 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              | US        |    250000 | PA      | $229138.01    | 0.33%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $149957.49    | 0.21%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $177599.45    | 0.25%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE       | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $144705.91    | 0.21%             | 2033-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ASURION LLC/ASURION CO         | Asurion LLC/ Asurion Co-Issuer Inc                                               | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129571.56    | 0.19%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ASURION LLC/ASURION CO         | Asurion LLC/ Asurion Co-Issuer Inc                                               | CUSIP: 045941AB7<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    225000 | PA      | $218158.47    | 0.31%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC            | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195198.73    | 0.28%             | 2028-07-15      | Fixed         | 4.62%                 | 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        |     75000 | PA      | $74660.36     | 0.11%             | 2032-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP            | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47227.28     | 0.07%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP            | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $108582.73    | 0.16%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157047.30    | 0.22%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95264.67     | 0.14%             | 2029-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48435.40     | 0.07%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124822.91    | 0.18%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48925.95     | 0.07%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24950.36     | 0.04%             | 2031-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                         | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288344.25    | 0.41%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                         | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    275000 | PA      | $260321.31    | 0.37%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION         | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186642.82    | 0.27%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION         | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47429.53     | 0.07%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MAGNERA CORP                   | Magnera Corp                                                                     | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    275000 | PA      | $248261.17    | 0.36%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GRIFFON CORPORATION            | Griffon Corp                                                                     | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174797.23    | 0.25%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94662.78     | 0.14%             | 2029-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAH0<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168356.09    | 0.24%             | 2034-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC              | INEOS Finance PLC                                                                | CUSIP: 44984WAJ6<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $194162.14    | 0.28%             | 2029-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL           | ION Platform Finance US Inc / ION Platform Finance SARL                          | CUSIP: 46206AAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $116886.51    | 0.17%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JB POINDEXTER & CO INC         | JB Poindexter & Co Inc                                                           | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228247.47    | 0.33%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| JACOBS ENTERTAINMENT INC       | Jacobs Entertainment Inc                                                         | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187172.00    | 0.27%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO       | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAM6<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $242727.78    | 0.35%             | 2029-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC            | Jazz Securities DAC                                                              | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $195185.56    | 0.28%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP           | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $378181.72    | 0.54%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KEHE DIST/FIN / NEXTWAVE       | KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc            | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $390489.00    | 0.56%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| KEN GARFF AUTOMOTIVE LLC       | Ken Garff Automotive LLC                                                         | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $123018.83    | 0.18%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AM7<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400748.07    | 0.57%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300435.55    | 0.43%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KIOXIA HOLDINGS CORP           | Kioxia Holdings Corp                                                             | CUSIP: 49726JAA6<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203598.31    | 0.29%             | 2030-07-24      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC          | Level 3 Financing Inc                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    225000 | PA      | $212420.25    | 0.30%             | 2029-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC          | Level 3 Financing Inc                                                            | CUSIP: 527298CN1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76724.98     | 0.11%             | 2034-03-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC          | Level 3 Financing Inc                                                            | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    175000 | PA      | $182727.97    | 0.26%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC           | LifePoint Health Inc                                                             | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192828.06    | 0.28%             | 2029-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MAGNERA CORP                   | Magnera Corp                                                                     | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183779.00    | 0.26%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                     | MasTec Inc                                                                       | CUSIP: 576323AQ2<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75309.75     | 0.11%             | 2029-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MASTERBRAND INC                | Masterbrand Inc                                                                  | CUSIP: 57638PAA2<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | DBT              | CORP              | US        |    450000 | PA      | $439885.71    | 0.63%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199269.26    | 0.28%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187114.65    | 0.27%             | 2028-03-09      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                | Nissan Motor Co Ltd                                                              | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $181694.89    | 0.26%             | 2030-09-17      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAL9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119941.34    | 0.17%             | 2030-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC         | Northern Oil & Gas Inc                                                           | CUSIP: 665531AL3<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    225000 | PA      | $232900.88    | 0.33%             | 2033-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                   | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    400000 | PA      | $376380.08    | 0.54%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC        | OAK-Eagle Acquireco Inc                                                          | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51903.84     | 0.07%             | 2033-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC        | OAK-Eagle Acquireco Inc                                                          | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52439.41     | 0.07%             | 2034-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV           | OI European Group BV                                                             | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $93318.71     | 0.13%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP       | Olympus Water US Holding Corp                                                    | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238987.46    | 0.34%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP       | Olympus Water US Holding Corp                                                    | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191014.48    | 0.27%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP           | OneMain Finance Corp                                                             | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    175000 | PA      | $158160.61    | 0.23%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP           | OneMain Finance Corp                                                             | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122695.48    | 0.18%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP           | OneMain Finance Corp                                                             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $237758.10    | 0.34%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP           | OneMain Finance Corp                                                             | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    175000 | PA      | $166879.02    | 0.24%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ONESKY FLIGHT LLC              | OneSky Flight LLC                                                                | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |    425000 | PA      | $438930.23    | 0.63%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ONT GAMING GTA/OTG CO-IS       | Ontario Gaming GTA LP/OTG Co-Issuer Inc                                          | CUSIP: 68306MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    125000 | PA      | $119723.31    | 0.17%             | 2030-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                 | Open Text Corp                                                                   | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $337086.33    | 0.48%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                 | Open Text Corp                                                                   | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $111812.55    | 0.16%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                 | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    475000 | PA      | $476263.98    | 0.68%             | 2027-05-13      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                 | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95392.00     | 0.14%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PAGAYA US HOLDINGS CO          | Pagaya US Holdings Co LLC                                                        | CUSIP: 69549FAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $143433.94    | 0.21%             | 2030-08-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC        | Park River Holdings Inc                                                          | CUSIP: 70082LAC1<br>LEI: 254900PGY077KWCROT75 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74679.74     | 0.11%             | 2031-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC         | Patrick Industries Inc                                                           | CUSIP: 703343AH6<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175113.07    | 0.25%             | 2032-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC         | Penn Entertainment Inc                                                           | CUSIP: 707569AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $375048.98    | 0.54%             | 2027-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC         | Penn Entertainment Inc                                                           | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $327400.96    | 0.47%             | 2029-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239201.45    | 0.34%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAH0<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140394.39    | 0.20%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I       | Performance Food Group Inc                                                       | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144200.40    | 0.21%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE       | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    700000 | PA      | $631304.03    | 0.90%             | 2032-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PHINIA INC                     | Phinia Inc                                                                       | CUSIP: 71880KAA9<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76445.25     | 0.11%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PHINIA INC                     | Phinia Inc                                                                       | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152656.05    | 0.22%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $146375.67    | 0.21%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC        | Talen Energy Supply LLC                                                          | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250397.25    | 0.36%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $597167.34    | 0.85%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $180132.05    | 0.26%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149960.25    | 0.21%             | 2027-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242997.13    | 0.35%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                    | Tenneco Inc                                                                      | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249170.48    | 0.36%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN       | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    225000 | PA      | $222616.69    | 0.32%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122111.99    | 0.17%             | 2029-03-31      | Fixed         | 6.50%                 | 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              | JE        |    150000 | PA      | $132573.48    | 0.19%             | 2030-05-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                    | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129153.85    | 0.18%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                    | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    375000 | PA      | $375361.76    | 0.54%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC               | TriNet Group Inc                                                                 | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226775.30    | 0.32%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UKG INC                        | UKG Inc                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |    275000 | PA      | $267086.52    | 0.38%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES HOLDINGS       | United Airlines Holdings Inc                                                     | CUSIP: 910047AL3<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73541.82     | 0.11%             | 2031-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM        | United Rentals North America Inc                                                 | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    225000 | PA      | $206302.84    | 0.30%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL       | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123137.05    | 0.18%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC           | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    225000 | PA      | $206483.78    | 0.30%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC           | WR Grace Holdings LLC                                                            | CUSIP: 92943GAF8<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170166.72    | 0.24%             | 2032-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| XHR LP                         | XHR LP                                                                           | CUSIP: 98372MAC9<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48462.30     | 0.07%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| XHR LP                         | XHR LP                                                                           | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252732.25    | 0.36%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210400.60    | 0.30%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                  | ZF North America Capital Inc                                                     | CUSIP: 98877DAH8<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147270.20    | 0.21%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC        | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAC9<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    260802 | PA      | $259424.97    | 0.37%             | 2030-03-09      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                       | Ziggo BV                                                                         | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $186896.56    | 0.27%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ZI TECH LLC/ZI FIN CORP        | ZoomInfo Technologies LLC/ZoomInfo Finance Corp                                  | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $227966.86    | 0.33%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TELENET FINANCING USD LLC      | Telenet Financing USD LLC                                                        | CUSIP: B9000TBJ3<br>LEI: 213800BMPOX34U6DWN81 | Long             | LON              | CORP              | US        |    200000 | PA      | $197959.00    | 0.28%             | 2028-04-28      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| COGECO COMMUNICATIONS US       | Cogeco Communications USA II LP                                                  | CUSIP: 19239BAD0<br>LEI: 549300UVJTPYOZ6XKH79 | Long             | LON              | CORP              | US        |    194979 | PA      | $185438.51    | 0.27%             | 2030-09-30      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| GREAT CANADIAN GAMING CO       | Great Canadian Gaming Corp                                                       | CUSIP: C4111RAG0<br>LEI: 549300FU60SSFLTE0M84 | Long             | LON              | CORP              | CA        |    125000 | PA      | $123385.63    | 0.18%             | 2029-11-01      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| ARCLINE FM HOLDINGS LLC        | Arcline FM Holdings LLC                                                          | CUSIP: 03960DAJ2<br>LEI: 2549000HKCEC1E8UTO17 | Long             | LON              | CORP              | US        |     57128 | PA      | $57286.90     | 0.08%             | 2030-06-24      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| ZIGGO FINANCING PARTNERS       | Ziggo Financing Partnership                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     30754 | PA      | $30023.92     | 0.04%             | 2033-01-14      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| PAC DAC LLC                    | PAC DAC LLC, Senior Secured First Lien Term Loan                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     70008 | PA      | $69045.08     | 0.10%             | 2030-10-09      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| PAC DAC LLC                    | PAC DAC LLC, Senior Secured First Lien Term Loan                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      4992 | PA      | $4923.67      | 0.01%             | 2030-10-09      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| WYNDHAM WORLDWIDE CORP         | Travel + Leisure Co                                                              | CUSIP: 98309GAH9<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | LON              | CORP              | US        |    245648 | PA      | $245418.73    | 0.35%             | 2029-12-14      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| TEAM SERVICES HLDG INC         | TEAM Services Holding Inc                                                        | CUSIP: 87821RAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    192000 | PA      | $182760.00    | 0.26%             | 2033-03-31      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                    | CUSIP: 89364MCG7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    500000 | PA      | $500812.50    | 0.72%             | 2033-02-10      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| MATIV HOLDINGS INC             | Mativ Holdings Inc                                                               | CUSIP: 80854EAK4<br>LEI: 549300Z1FU4IDULG1R21 | Long             | LON              | CORP              | US        |     95455 | PA      | $92113.64     | 0.13%             | 2033-03-30      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Craig Benton

**Name of Signer:** Craig Benton

**Title:** President