# EDGAR Filing Document

**Accession Number:** 0001503290
**File Stem:** 0001410368-25-042520
**Filing Date:** 2025-12
**Character Count:** 84075
**Document Hash:** 6820a2a1c14413177a5fd58d380de57b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-042520.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0001410368-25-042520

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** abrdn Income Credit Strategies Fund
- **CENTRAL INDEX KEY:** 0001503290

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22485
- **FILM NUMBER:** 251601101

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103
- **BUSINESS PHONE:** 215-405-5700

**MAIL ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Aberdeen Income Credit Strategies Fund
- **DATE OF NAME CHANGE:** 20171201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Avenue Income Credit Strategies Fund
- **DATE OF NAME CHANGE:** 20101012

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** abrdn Income Credit Strategies Fund

- **b. Investment Company Act file number:** 811-22485

- **c. CIK number of Registrant:** 0001503290

- **d. LEI of Registrant:** JZ9OXI4GGKZDI84RNQ78

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

  - **Street Address 1:** 1900 Market Street

  - **City:** PHILADELPHIA

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19103

  - **Telephone number:** 215-405-5700

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

- **a. Name of Series:** abrdn Income Credit Strategies Fund

- **c. LEI of Series:** JZ9OXI4GGKZDI84RNQ78

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $1054183892.18

**Total Liabilities:** $315385436.76

**Net Assets:** $738798455.42

**Delayed Delivery Securities:** $11689043.28

**Cash Not Reported:** $13.15

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -16.96000000 | **1-Year:** -295.61000000 | **5-Year:** -4427.74000000 | **10-Year:** -524.75000000 | **30-Year:** -263.46000000

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

- **3-Month:** -3824.07000000 | **1-Year:** -77979.42000000 | **5-Year:** -172564.93000000 | **10-Year:** -52626.32000000 | **30-Year:** -15104.02000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.14%                | -1.05%               | -2.62%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5481938.03              | $9350646.26                                |
| Month 2  | $4602422.93              | $-4305147.47                               |
| Month 3  | $1209053.41              | $-29727308.67                              |

**Designated Index Information**

- **Index Name:** ICE BofA Global High Yield Constrained Index Hedged to USD

- **Index Identifier:** HW0CUSDH Index

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACCESS BANK PLC                                 | Access Bank PLC                                            | CUSIP: 00434G2B5<br>LEI: 029200328C3N9YI2D660 | Long             | DBT              | CORP              | NG        |    526000 | PA      | $521060.27    | 0.07%             | 2026-09-21      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AFFINITY INTERACTIVE                            | Affinity Interactive                                       | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  24822000 | PA      | $12351675.42  | 1.67%             | 2027-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                          | Egypt Government International Bond                        | CUSIP: 038461AM1<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |   1223000 | PA      | $1128494.57   | 0.15%             | 2047-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                          | Egypt Government International Bond                        | CUSIP: 03846JX54<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |  11649000 | PA      | $11837641.58  | 1.60%             | 2032-05-29      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOL                        | Aston Martin Capital Holdings Ltd                          | CUSIP: 04625HAJ8<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |  11740000 | PA      | $10441026.53  | 1.41%             | 2029-03-31      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AVATION GROUP S PTE LTD                         | Avation Group S Pte Ltd                                    | CUSIP: 05390AAA2<br>LEI: 2138006F359FM7HRYK39 | Long             | DBT              | CORP              | SG        |   8041000 | PA      | $7829923.75   | 1.06%             | 2031-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AZULE ENERGY FINANCE PLC                        | Azule Energy Finance Plc                                   | CUSIP: 05501YAA6<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |   2504000 | PA      | $2516535.02   | 0.34%             | 2030-01-23      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                             | Braskem Netherlands Finance BV                             | CUSIP: 10554TAJ4<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |   4164000 | PA      | $1712445.00   | 0.23%             | 2034-10-15      | Fixed         | 8.00%                 | 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        |  12550000 | PA      | $8784131.54   | 1.19%             | 2029-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN                                        | Viridien                                                   | CUSIP: 12531QAA3<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |   2833000 | PA      | $2968413.60   | 0.40%             | 2030-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                        | CHS/Community Health Systems Inc                           | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1443000 | PA      | $1212432.70   | 0.16%             | 2030-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                        | CHS/Community Health Systems Inc                           | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  10106000 | PA      | $10894571.18  | 1.47%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                        | CHS/Community Health Systems Inc                           | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   3182000 | PA      | $3369060.23   | 0.46%             | 2034-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                | CSC Holdings LLC                                           | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   3441000 | PA      | $2366655.83   | 0.32%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                | CSC Holdings LLC                                           | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   5407000 | PA      | $2026197.55   | 0.27%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                | CSC Holdings LLC                                           | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   3925000 | PA      | $2414311.07   | 0.33%             | 2030-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                | CSC Holdings LLC                                           | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    862000 | PA      | $301803.99    | 0.04%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CABLE ONE INC                                   | Cable One Inc                                              | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |  12235000 | PA      | $9665775.41   | 1.31%             | 2030-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU                        | Camelot Return Merger Sub Inc                              | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5759000 | PA      | $5323713.47   | 0.72%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CIMPRESS PLC                                    | Cimpress PLC                                               | CUSIP: 17186HAH5<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |  10560000 | PA      | $10732529.28  | 1.45%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| COGENT COMMS GRP / FIN                          | Cogent Communications Group LLC / Cogent Finance Inc       | CUSIP: 19240WAA7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |   1595000 | PA      | $1589907.80   | 0.22%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COGENT COMMS GRP / FIN                          | Cogent Communications Group LLC / Cogent Finance Inc       | CUSIP: 19240WAB5<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |  16961000 | PA      | $16197149.49  | 2.19%             | 2032-07-01      | Fixed         | 6.50%                 | 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              | XX        |   5392000 | PA      | $5709664.29   | 0.77%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                         | Consolidated Energy Finance SA                             | CUSIP: 20914UAE6<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   8928000 | PA      | $8552528.50   | 1.16%             | 2026-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                         | Consolidated Energy Finance SA                             | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   8091000 | PA      | $5750273.70   | 0.78%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                   | CoreWeave Inc                                              | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   5066000 | PA      | $5115271.92   | 0.69%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                            | Cornerstone Building Brands Inc                            | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |   9711000 | PA      | $7381460.26   | 1.00%             | 2029-01-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIFL US LLC                        | Digicel International Finance Ltd / Difl US LLC            | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   8370000 | PA      | $8332297.17   | 1.13%             | 2032-08-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| DOTDASH MEREDITH INC                            | Dotdash Meredith Inc                                       | CUSIP: 25849JAA8<br>LEI: 549300R2AA7U9CJUQO13 | Long             | DBT              | CORP              | US        |  14577000 | PA      | $13105306.08  | 1.77%             | 2032-06-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| UBS AG                                          | PURCHASED USD / SOLD GBP                                   | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $4426713.71   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                | PURCHASED USD / SOLD EUR                                   | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |         1 | NC      | $2597335.58   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED USD / SOLD HKD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $-376.88      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED USD / SOLD HKD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $-6.64        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                     | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |         1 | NC      | $-14916.85    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED USD / SOLD HKD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $-50.57       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED HKD / SOLD USD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | HK        |         1 | NC      | $36.87        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                          | PURCHASED GBP / SOLD USD                                   | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | GB        |         1 | NC      | $-100869.43   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                         | PURCHASED USD / SOLD HKD                                   | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $-2.23        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                     | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |         1 | NC      | $-8701.16     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                         | PURCHASED GBP / SOLD USD                                   | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | GB        |         1 | NC      | $-11759.75    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED HKD / SOLD USD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | HK        |         1 | NC      | $6.77         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC          | PURCHASED USD / SOLD HKD                                   | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $-1.95        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                            | PURCHASED USD / SOLD GBP                                   | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | US        |         1 | NC      | $137344.53    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                         | PURCHASED HKD / SOLD USD                                   | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | HK        |         1 | NC      | $-2.51        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED USD / SOLD HKD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $2.01         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                     | PURCHASED USD / SOLD EUR                                   | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $136038.66    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                          | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |         1 | NC      | $-6362.51     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                     | PURCHASED HKD / SOLD USD                                   | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | HK        |         1 | NC      | $0.69         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC          | PURCHASED USD / SOLD GBP                                   | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $9306.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                         | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | XX        |         1 | NC      | $-73402.40    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED USD / SOLD HKD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $1.09         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED USD / SOLD GBP                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $15151.07     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | XX        |         1 | NC      | $-13488.24    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | XX        |         1 | NC      | $-34008.32    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED HKD / SOLD USD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | HK        |         1 | NC      | $-0.84        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                            | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | XX        |         1 | NC      | $-6211.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | XX        |         1 | NC      | $-9388.63     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                | PURCHASED HKD / SOLD USD                                   | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | HK        |         1 | NC      | $-7.23        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | XX        |         1 | NC      | $-18408.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                            | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | XX        |         1 | NC      | $-22942.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                         | PURCHASED USD / SOLD GBP                                   | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $42097.59     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                     | PURCHASED USD / SOLD GBP                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $14925.61     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED USD / SOLD HKD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $2.46         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED HKD / SOLD USD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | HK        |         1 | NC      | $-0.34        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC          | PURCHASED EUR / SOLD USD                                   | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | XX        |         1 | NC      | $-6615.47     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                   | PURCHASED HKD / SOLD USD                                   | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | HK        |         1 | NC      | $-0.95        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                    | Ecopetrol SA                                               | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    410000 | PA      | $443778.67    | 0.06%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                        | Encore Capital Group Inc                                   | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |   3760000 | PA      | $3947311.47   | 0.53%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ENQUEST PLC                                     | EnQuest PLC                                                | CUSIP: 29357JAC0<br>LEI: 2138008LJU6WFQWOXJ73 | Long             | DBT              | CORP              | GB        |  23350000 | PA      | $23724954.30  | 3.21%             | 2027-11-01      | Fixed         | 11.63%                | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                            | Fiesta Purchaser Inc                                       | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12193000 | PA      | $13120503.83  | 1.78%             | 2032-09-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                        | First Quantum Minerals Ltd                                 | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   4183000 | PA      | $4380839.17   | 0.59%             | 2031-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                        | First Quantum Minerals Ltd                                 | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   4219000 | PA      | $4483881.48   | 0.61%             | 2033-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                        | Hilcorp Energy I LP / Hilcorp Finance Co                   | CUSIP: 431318BE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2849988.57   | 0.39%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                        | Hilcorp Energy I LP / Hilcorp Finance Co                   | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8533000 | PA      | $8219662.27   | 1.11%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                 | IHS Holding Ltd                                            | CUSIP: 44963HAC9<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |   2589000 | PA      | $2640957.63   | 0.36%             | 2030-05-29      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                 | IHS Holding Ltd                                            | CUSIP: 44963HAD7<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |   3000000 | PA      | $3120916.77   | 0.42%             | 2031-11-29      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                               | Iliad Holding SAS                                          | CUSIP: 449691AF1<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |   5011000 | PA      | $5378135.73   | 0.73%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                | ITT Holdings LLC                                           | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   7956000 | PA      | $7705963.61   | 1.04%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                         | Crescent Energy Finance LLC                                | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |  10501000 | PA      | $10181176.29  | 1.38%             | 2032-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                         | INEOS Quattro Finance 2 Plc                                | CUSIP: 45674GAB0<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |   3519000 | PA      | $3297971.61   | 0.45%             | 2029-03-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| INTL AIRPORT FINANCE SA                         | International Airport Finance SA                           | CUSIP: 45900TAA0<br>LEI: 959800M9M5LP0KXUP789 | Long             | DBT              | CORP              | ES        |    423418 | PA      | $451768.57    | 0.06%             | 2033-03-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| iShares Broad USD High Yield Corporate Bond ETF | iShares Broad USD High Yield Corporate Bond ETF            | CUSIP: 46435U853<br>LEI: 549300X7H67ZLUE3IZ46 | Long             | EC               | RF                | US        |    283783 | NS      | $10664565.14  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TBC BANK JSC                                    | TBC Bank JSC                                               | CUSIP: 48128XAD5<br>LEI: 2138001MSA39Q44QTA18 | Long             | DBT              | CORP              | GE        |    294000 | PA      | $307497.46    | 0.04%             | 2029-07-30      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| K HOVNANIAN ENTERPRISES                         | K Hovnanian Enterprises Inc                                | CUSIP: 48251UAP3<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   1206000 | PA      | $1232178.64   | 0.17%             | 2031-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LIQUID TELECOM FINANCE                          | Liquid Telecommunications Financing Plc                    | CUSIP: 536333AB3<br>LEI: 635400MXAVJRJJCWVI87 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $355749.68    | 0.05%             | 2026-09-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MAGNERA CORP                                    | Magnera Corp                                               | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |  16324000 | PA      | $14095039.42  | 1.91%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L                        | MajorDrive Holdings IV LLC                                 | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |  23118000 | PA      | $18058634.95  | 2.44%             | 2029-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                        | Marriott Ownership Resorts Inc                             | CUSIP: 57164PAK2<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |  10599000 | PA      | $10450737.80  | 1.41%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MIDCONTINENT COMMUNICATI                        | Midcontinent Communications                                | CUSIP: 59565XAD2<br>LEI: 549300ZI9GDQBS28C408 | Long             | DBT              | CORP              | US        |   7521000 | PA      | $7660822.91   | 1.04%             | 2032-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                           | Minerva Luxembourg SA                                      | CUSIP: 603374AH2<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |   8047000 | PA      | $8804491.55   | 1.19%             | 2033-09-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                           | Nabors Industries Inc                                      | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   5196000 | PA      | $4937677.74   | 0.67%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                    | Navient Corp                                               | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   4466000 | PA      | $4613940.72   | 0.62%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                             | Nigeria Government International Bond                      | CUSIP: 65412JAB9<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    634000 | PA      | $563635.03    | 0.08%             | 2047-11-28      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                  | 1261229 BC Ltd                                             | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   5443000 | PA      | $5689619.77   | 0.77%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                    | Fibercop SpA                                               | CUSIP: 683879AH3<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |  10250000 | PA      | $10377059.00  | 1.40%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR                        | Organon & Co / Organon Foreign Debt Co-Issuer BV           | CUSIP: 68622FAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  17789000 | PA      | $13843068.92  | 1.87%             | 2034-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                             | Petroleos Mexicanos                                        | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    875000 | PA      | $724634.05    | 0.10%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                             | Petroleos Mexicanos                                        | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  10785000 | PA      | $10549250.69  | 1.43%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DEL PERU SA                           | Petroleos del Peru SA                                      | CUSIP: 716564AB5<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    522000 | PA      | $375840.00    | 0.05%             | 2047-06-19      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL                        | Phoenix Aviation Capital Ltd                               | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |  10757000 | PA      | $11331983.16  | 1.53%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                          | Radiology Partners Inc                                     | CUSIP: 75041VAE4<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   2595000 | PA      | $2698702.53   | 0.37%             | 2032-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                    | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  26816297 | NS      | $26816297.12  | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SAAVI ENERGIA SARL                              | Saavi Energia Sarl                                         | CUSIP: 78518PAA3<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |   8099000 | PA      | $8706425.00   | 1.18%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SANCHEZ ENERGY CORP                             | SANCHEZ ENERGY CORP                                        | CUSIP: 799ESCAK4<br>LEI: 549300SB0HTIM17TVR61 | Long             | DBT              | CORP              | US        |    257000 | PA      | $25.70        | 0.00%             | 2023-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SATURN OIL & GAS INC                            | Saturn Oil & Gas Inc                                       | CUSIP: 80412LAA5<br>LEI: 549300G6BWJ7K6PIIY73 | Long             | DBT              | CORP              | CA        |   5434000 | PA      | $5497833.20   | 0.74%             | 2029-06-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                | Societe Generale SA                                        | CUSIP: 83370RAC2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  10420000 | PA      | $11164571.52  | 1.51%             | 2027-11-22      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                     | Staples Inc                                                | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |  10651000 | PA      | $10321657.45  | 1.40%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Studio City International Holdings Ltd          | Studio City International Holdings Ltd                     | CUSIP: 86389T106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     98050 | NS      | $367687.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUENOORD CAPITAL DAC                           | TrueNoord Capital DAC                                      | CUSIP: 89785GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   8024000 | PA      | $8453428.43   | 1.14%             | 2030-03-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                        | Univision Communications Inc                               | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |  12850000 | PA      | $13143044.25  | 1.78%             | 2031-07-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                        | Univision Communications Inc                               | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1967000 | PA      | $2076311.56   | 0.28%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES                               | Vedanta Resources Finance II PLC                           | CUSIP: 92243XAN1<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |   2493000 | PA      | $2470757.75   | 0.33%             | 2032-10-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                          | Venture Global LNG Inc                                     | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   2859000 | PA      | $3053846.57   | 0.41%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                          | Venture Global LNG Inc                                     | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |  15741000 | PA      | $14712574.36  | 1.99%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| WE SODA INV HOLDING PLC                         | WE Soda Investments Holding PLC                            | CUSIP: 92943TAA1<br>LEI: 984500SE38C07DB47A90 | Long             | DBT              | CORP              | GB        |   5742000 | PA      | $5749507.72   | 0.78%             | 2028-10-06      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| LUXCO3 SHARES                                   | LUXCO3 SHARES                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |     15900 | NS      | $197016.71    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| INTU NEW MONEY NOTES PIK                        | INTU NEW MONEY NOTES PIK                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   5548770 | PA      | $7299622.22   | 0.99%             | 2025-12-04      | Fixed         | 11.00%                | No            |                  3 | On Loan: No      |
| BIS INDUSTRIES (ARTSONIG)                       | BIS INDUSTRIES (ARTSONIG)                                  | CUSIP: 000000000<br>LEI: 549300L6O0HBD3F72080 | Long             | EC               | CORP              | AU        |    804308 | NS      | $0.80         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| STUDIO CITY INTL ADR                            | STUDIO CITY INTL ADR                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    183525 | NS      | $688218.75    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW COTAI EQUITY                                | NEW COTAI EQUITY                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    971487 | NS      | $423568.33    | 0.06%             |  |  |  | No            |                  3 | On Loan: No      |
| NEW COTAI BOND                                  | NEW COTAI BOND                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1233113 | PA      | $1343230.22   | 0.18%             | 2027-02-02      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| TR APPAREL HOLDINGS APRIL 26                    | TR APPAREL HOLDINGS APRIL 26                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $117949.49    | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| TELEKOM SRBJIA                                  | TELEKOM SRBJIA                                             | CUSIP: 000000000<br>LEI: 254900OVY0XI1DFYC092 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5798982.44   | 0.78%             | 2028-05-22      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| MITEL                                           | MITEL                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2201 | NS      | $22010.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| YAPI VE KREDI BANKASI AS                        | Yapi ve Kredi Bankasi AS                                   | CUSIP: 984848AR2<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |    262000 | PA      | $278517.45    | 0.04%             | 2034-01-17      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| YINSON BORONIA PRODUCTIO                        | Yinson Boronia Production BV                               | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |    310024 | PA      | $338240.02    | 0.05%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                   | ZF North America Capital Inc                               | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |  11000000 | PA      | $10040144.18  | 1.36%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV                                | Ziggo Bond Co BV                                           | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |   9100000 | PA      | $8052393.71   | 1.09%             | 2030-02-28      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ INVESTOR                         | Mitsubishi UFJ Investor Services & Banking Luxembourg SA   | CUSIP: 000000000<br>LEI: 2138002PVBMEHILJ1340 | Long             | DBT              | CORP              | LU        |   7500000 | PA      | $5579946.63   | 0.76%             | 2050-12-15      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| THUNDERBIRD RESOURCES EQUITY                    | THUNDERBIRD RESOURCES EQUITY                               | CUSIP: 000000000<br>LEI: 84JNOWGT1R2BJT129V65 | Long             | EC               | CORP              | US        |         7 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Egypt Government International Bonds            | Egypt Government International Bonds                       | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    928000 | PA      | $806025.83    | 0.11%             | 2048-02-21      | Fixed         | 7.90%                 | Yes           |                  2 | On Loan: No      |
| IVORY COAST                                     | Ivory Coast Government International Bond                  | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    919000 | PA      | $949546.61    | 0.13%             | 2048-03-22      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| UKRAINE RAIL (RAIL CAPL)                        | Ukraine Railways Via Rail Capital Markets PLC              | CUSIP: 000000000<br>LEI: 213800IW9C7PR3HKI783 | Long             | DBT              | CORP              | GB        |    543727 | PA      | $427499.35    | 0.06%             | 2026-07-09      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| MOBICO GROUP PLC                                | Mobico Group PLC                                           | CUSIP: 000000000<br>LEI: 213800A8IQEMY8PA5X34 | Long             | DBT              | CORP              | GB        |   9210000 | PA      | $10670318.98  | 1.44%             | 2028-11-20      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| LABORATOIRE EIMER SELAS                         | Laboratoire Eimer SELAS                                    | CUSIP: 000000000<br>LEI: 969500DCZL54LLTFEM37 | Long             | DBT              | CORP              | FR        |  13500000 | PA      | $13115030.14  | 1.78%             | 2029-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| VANQUIS BANKING GROUP                           | Vanquis Banking Group PLC                                  | CUSIP: 000000000<br>LEI: 213800U93SZC44VXN635 | Long             | DBT              | CORP              | GB        |   3250000 | PA      | $4321681.57   | 0.58%             | 2032-01-13      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| BRACKEN MIDCO ONE                               | Bracken MidCo1 PLC                                         | CUSIP: 000000000<br>LEI: 213800AFGHKES7J58805 | Long             | DBT              | CORP              | GB        |  13384598 | PA      | $17360006.07  | 2.35%             | 2027-11-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| CTEC II GMBH                                    | CTEC II GmbH                                               | CUSIP: 000000000<br>LEI: 98450044C9BACG3DA974 | Long             | DBT              | CORP              | DE        |   3652000 | PA      | $3824234.74   | 0.52%             | 2030-02-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BOI FINANCE BV                                  | BOI Finance BV                                             | CUSIP: 000000000<br>LEI: 724500ZH3H2YACBUNF38 | Long             | DBT              | CORP              | NL        |    464000 | PA      | $551935.54    | 0.07%             | 2027-02-16      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                | Deutsche Bank AG                                           | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6000000 | PA      | $7668004.51   | 1.04%             | 2027-12-01      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH                            | IHO Verwaltungs GmbH                                       | CUSIP: 000000000<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   3000000 | PA      | $3630644.73   | 0.49%             | 2028-05-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| MONITCHEM HOLDCO 3 S.A.                         | Monitchem HoldCo 3 SA                                      | CUSIP: 000000000<br>LEI: 222100SJHJ1CNJMSW162 | Long             | DBT              | CORP              | LU        |   5103000 | PA      | $5723034.10   | 0.77%             | 2028-05-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                        | Cheplapharm Arzneimittel GmbH                              | CUSIP: 000000000<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |  10000000 | PA      | $11871908.19  | 1.61%             | 2030-05-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| HT TROPLAST AG                                  | HT Troplast GmbH                                           | CUSIP: 000000000<br>LEI: 529900Y2N2GAY3FXGP86 | Long             | DBT              | CORP              | DE        |   2574000 | PA      | $3081635.07   | 0.42%             | 2028-07-15      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| HT TROPLAST AG                                  | HT Troplast GmbH                                           | CUSIP: 000000000<br>LEI: 529900Y2N2GAY3FXGP86 | Long             | DBT              | CORP              | DE        |   5807000 | PA      | $6952235.75   | 0.94%             | 2028-07-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| ICELAND BONDCO PLC                              | Iceland Bondco PLC                                         | CUSIP: 000000000<br>LEI: 2138002DRBYIA8QXHO36 | Long             | DBT              | CORP              | GB        |   9051000 | PA      | $12565628.93  | 1.70%             | 2027-12-15      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                           | EG Global Finance PLC                                      | CUSIP: 000000000<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |   7800000 | PA      | $9793137.95   | 1.33%             | 2028-11-30      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| SUMMER BIDCO BV                                 | Summer BidCo BV                                            | CUSIP: 000000000<br>LEI: 724500EOJYP21L3XM206 | Long             | DBT              | CORP              | NL        |  11548046 | PA      | $13631486.99  | 1.85%             | 2029-02-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| SUMMER BIDCO BV                                 | Summer BidCo BV                                            | CUSIP: 000000000<br>LEI: 724500EOJYP21L3XM206 | Long             | DBT              | CORP              | NL        |   8589763 | PA      | $10139485.30  | 1.37%             | 2029-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                        | Bellis Acquisition Co PLC                                  | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |   2900000 | PA      | $3681227.14   | 0.50%             | 2030-05-14      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                        | Bellis Acquisition Co PLC                                  | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |  10620000 | PA      | $13480907.67  | 1.82%             | 2030-05-14      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| MOTEL ONE GMBH/MUENCHEN                         | Motel One GmbH/Muenchen                                    | CUSIP: 000000000<br>LEI: 529900OZ5000U0NZHM90 | Long             | DBT              | CORP              | DE        |   1725000 | PA      | $2134975.84   | 0.29%             | 2031-04-02      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MOTEL ONE GMBH/MUENCHEN                         | Motel One GmbH/Muenchen                                    | CUSIP: 000000000<br>LEI: 529900OZ5000U0NZHM90 | Long             | DBT              | CORP              | DE        |   2300000 | PA      | $2846634.45   | 0.39%             | 2031-04-02      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| AROUNDTOWN FINANCE SARL                         | Aroundtown Finance Sarl                                    | CUSIP: 000000000<br>LEI: 8945006LEXV2KWSWVP51 | Long             | DBT              | CORP              | LU        |   8190000 | PA      | $8257175.36   | 1.12%             | 2029-08-07      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PRESTIGEBIDCO GMBH                              | PrestigeBidCo GmbH                                         | CUSIP: 000000000<br>LEI: 529900CSF1DNOCHMI763 | Long             | DBT              | CORP              | DE        |   7156000 | PA      | $8292710.73   | 1.12%             | 2029-07-01      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| PROJECT GRAND UK PLC                            | Project Grand UK PLC                                       | CUSIP: 000000000<br>LEI: 984500555ED7B8666028 | Long             | DBT              | CORP              | GB        |  19148000 | PA      | $22652979.68  | 3.07%             | 2029-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| STONEGATE PUB FIN                               | Stonegate Pub Co Financing 2019 PLC                        | CUSIP: 000000000<br>LEI: 254900L5266ML3505282 | Long             | DBT              | CORP              | GB        |   6368000 | PA      | $8297303.50   | 1.12%             | 2029-07-31      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| STONEGATE PUB FIN                               | Stonegate Pub Co Financing 2019 PLC                        | CUSIP: 000000000<br>LEI: 254900L5266ML3505282 | Long             | DBT              | CORP              | GB        |  10040000 | PA      | $11405553.00  | 1.54%             | 2029-07-31      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| OEG FINANCE PLC                                 | OEG Finance PLC                                            | CUSIP: 000000000<br>LEI: 254900KMBHWF9UK63G44 | Long             | DBT              | CORP              | GB        |   3499000 | PA      | $4220150.74   | 0.57%             | 2029-09-27      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| EDGE FINCO PLC                                  | Edge Finco PLC                                             | CUSIP: 000000000<br>LEI: 648835NI8LJE5190NT73 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $5565501.35   | 0.75%             | 2031-08-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                          | Sherwood Financing PLC                                     | CUSIP: 000000000<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2607152.46   | 0.35%             | 2029-12-15      | Fixed         | 9.63%                 | Yes           |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                          | Sherwood Financing PLC                                     | CUSIP: 000000000<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |  11028000 | PA      | $14375838.69  | 1.95%             | 2029-12-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| WAGA BONDCO LTD                                 | Waga Bondco Ltd                                            | CUSIP: 000000000<br>LEI: 254900PFB2C9WELUW795 | Long             | DBT              | CORP              | JE        |  10000000 | PA      | $11936582.99  | 1.62%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SUMMER BC HOLDCO B SARL                         | Summer BC Holdco B SARL                                    | CUSIP: 000000000<br>LEI: 984500NRF59D5DB9B654 | Long             | DBT              | CORP              | LU        |   2299000 | PA      | $2537402.50   | 0.34%             | 2030-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CIDRON AIDA FINCO SARL                          | Cidron Aida Finco Sarl                                     | CUSIP: 000000000<br>LEI: 98450036A07991DEBF10 | Long             | DBT              | CORP              | LU        |   4300000 | PA      | $4985120.83   | 0.67%             | 2031-10-27      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CIDRON AIDA FINCO SARL                          | Cidron Aida Finco Sarl                                     | CUSIP: 000000000<br>LEI: 98450036A07991DEBF10 | Long             | DBT              | CORP              | LU        |   6019000 | PA      | $7938317.01   | 1.07%             | 2031-10-27      | Fixed         | 9.13%                 | Yes           |                  2 | On Loan: No      |
| LHMC FINCO 2 SARL                               | LHMC Finco 2 Sarl                                          | CUSIP: 000000000<br>LEI: 254900VNJ7A4DAOPXL60 | Long             | DBT              | CORP              | LU        |   5300000 | PA      | $6368679.73   | 0.86%             | 2030-05-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| CENTRIENT HOLDING BV                            | Centrient Holding BV                                       | CUSIP: 000000000<br>LEI: 549300QHIYIRIMCM2345 | Long             | DBT              | CORP              | NL        |   6964000 | PA      | $7240802.23   | 0.98%             | 2030-05-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WOLSELEY GROUP FINCO PLC                        | Wolseley Group Finco PLC                                   | CUSIP: 000000000<br>LEI: 213800Q996QYBUUWRZ96 | Long             | DBT              | CORP              | GB        |  11335000 | PA      | $14597676.84  | 1.98%             | 2031-01-31      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| PUNCH FINANCE PLC                               | Punch Finance PLC                                          | CUSIP: 000000000<br>LEI: 2138006IJRIU1Q5DN388 | Long             | DBT              | CORP              | GB        |   5488000 | PA      | $7371558.53   | 1.00%             | 2030-12-30      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                        | Cheplapharm Arzneimittel GmbH                              | CUSIP: 000000000<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |   4900000 | PA      | $5773515.43   | 0.78%             | 2031-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                        | Bellis Acquisition Co PLC                                  | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |   3700000 | PA      | $4336191.61   | 0.59%             | 2031-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MAXAM PRILL SARL                                | Maxam Prill Sarl                                           | CUSIP: 000000000<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | LU        |   8200000 | PA      | $9613929.55   | 1.30%             | 2030-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SIGMA HOLDCO BV                                 | Sigma Holdco BV                                            | CUSIP: 000000000<br>LEI: 254900RAPCKVT00GAO59 | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $3741777.66   | 0.51%             | 2031-04-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                 | Nissan Motor Co Ltd                                        | CUSIP: 000000000<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   6457000 | PA      | $7713633.99   | 1.04%             | 2033-07-17      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| MARKET BIDCO FINCO PLC                          | Market Bidco Finco PLC                                     | CUSIP: 000000000<br>LEI: 549300UGYX6EBVHRVG53 | Long             | DBT              | CORP              | GB        |   9006000 | PA      | $11753626.06  | 1.59%             | 2031-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BOOTS GROUP FINCO LP                            | Boots Group Finco LP                                       | CUSIP: 000000000<br>LEI: 254900YVLYOVF1PF1N93 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $4184725.56   | 0.57%             | 2032-08-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| 888 ACQUISITIONS LTD                            | 888 Acquisitions Ltd                                       | CUSIP: 000000000<br>LEI: 254900RFD0BP3JOPZU89 | Long             | DBT              | CORP              | GI        |  10000000 | PA      | $10785548.88  | 1.46%             | 2031-09-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    180894 | PA      | $3617.88      | 0.00%             | 2028-12-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    120595 | PA      | $3014.88      | 0.00%             | 2027-12-28      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     90453 | PA      | $1809.06      | 0.00%             | 2025-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    301491 | PA      | $5733.53      | 0.00%             | 2029-12-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    361789 | PA      | $5849.17      | 0.00%             | 2030-12-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    542686 | PA      | $8580.92      | 0.00%             | 2031-12-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    508483 | PA      | $4935.69      | 0.00%             | 2032-12-28      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    241192 | PA      | $904.47       | 0.00%             | 2028-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    150752 | PA      | $753.76       | 0.00%             | 2027-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    120595 | PA      | $1205.95      | 0.00%             | 2026-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    241192 | PA      | $904.47       | 0.00%             | 2029-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    568782 | PA      | $2132.93      | 0.00%             | 2032-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    301491 | PA      | $1130.59      | 0.00%             | 2031-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                        | Kaisa Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    301491 | PA      | $1130.59      | 0.00%             | 2030-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INTRALOT CAPITAL LUX                            | Intralot Capital Luxembourg SA                             | CUSIP: 000000000<br>LEI: 549300QF747C7UWZYB38 | Long             | DBT              | CORP              | LU        |   3000000 | PA      | $3489646.54   | 0.47%             | 2031-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                | Altice France SA                                           | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   1225229 | PA      | $1363219.03   | 0.18%             | 2032-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                | Altice France SA                                           | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   1141288 | PA      | $1263806.30   | 0.17%             | 2032-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GRUPPO SAN DONATO SPA                           | Gruppo San Donato SPA                                      | CUSIP: 000000000<br>LEI: 8156003649DB0704FC22 | Long             | DBT              | CORP              | IT        |   5367000 | PA      | $6356395.36   | 0.86%             | 2031-10-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERGEAN PLC                                    | Energean PLC                                               | CUSIP: 000000000<br>LEI: 549300RVMKU0CYUZBB05 | Long             | DBT              | CORP              | GB        |   3145000 | PA      | $3640418.54   | 0.49%             | 2031-05-12      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| GREENE KING FINANCE PLC                         | Greene King Finance PLC                                    | CUSIP: 000000000<br>LEI: 213800QIJMYMW6TSBG41 | Long             | DBT              | CORP              | GB        |   5250000 | PA      | $6310684.71   | 0.85%             | 2034-12-15      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| CD&R Firefly Bidco Limited                      | CD&R Firefly Bidco Limited 2025 GBP Term Loan              | CUSIP: 000000000<br>LEI: 213800OAU5VX61DYZ558 | Long             | LON              | CORP              | GB        |   9700000 | PA      | $12704199.24  | 1.72%             | 2029-04-29      | Floating      | 8.72%                 | No            |                  2 | On Loan: No      |
| Amber Finco PLC                                 | Amber Finco PLC 2025 EUR Fungible Term Loan B              | CUSIP: 000000000<br>LEI: 9845004C0870D380O790 | Long             | LON              | CORP              | GB        |   3500000 | PA      | $4056968.00   | 0.55%             | 2029-06-11      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                | Deutsche Bank AG                                           | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6700000 | PA      | $8813230.01   | 1.19%             | 2026-04-30      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| VERY GRP FUNDING PLC/THE                        | Very Group Funding Plc/The                                 | CUSIP: 000000000<br>LEI: 9845005CC91D50AF8202 | Long             | DBT              | CORP              | GB        |  15000000 | PA      | $21019715.15  | 2.85%             | 2027-08-01      | Fixed         | 13.25%                | Yes           |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                        | First Quantum Minerals Ltd                                 | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   7990000 | PA      | $8367895.04   | 1.13%             | 2031-06-01      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| ZIGGO BOND CO BV                                | Ziggo Bond Co BV                                           | CUSIP: 000000000<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |   3000000 | PA      | $2640975.90   | 0.36%             | 2030-02-28      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                            | Samarco Mineracao SA                                       | CUSIP: 000000000<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |   9638873 | PA      | $9638754.44   | 1.30%             | 2031-06-30      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** abrdn Income Credit Strategies Fund

**Signature:** Sharon Ferrari

**Name of Signer:** Sharon Ferrari

**Title:** Assistant Treasurer