# EDGAR Filing Document

**Accession Number:** 0000759828
**File Stem:** 0000759828-26-000006
**Filing Date:** 2026-3
**Character Count:** 281878
**Document Hash:** 42f75f783bf728b329462a60aaea5dd2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000759828-26-000006.hdr.sgml**: 20260330

**ACCESSION NUMBER**: 0000759828-26-000006

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260330

**DATE AS OF CHANGE**: 20260330

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK INVESTORS TRUST
- **CENTRAL INDEX KEY:** 0000759828

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04173
- **FILM NUMBER:** 26811130

**BUSINESS ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** 617-663-3000

**MAIL ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN INVESTORS TRUST
- **DATE OF NAME CHANGE:** 19920703

## Nport-Ex

![](imgc659ea961.gif)

#### Quarterly portfolio holdings

## John Hancock

## Investors Trust

## Closed-end fixed income
January 31, 2026

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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Fund's investments

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#### As of 1-31-26 (unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | **Value** |
| **U.S. Government and Agency obligations 10.6% (6.4% of Total investments)** | **U.S. Government and Agency obligations 10.6% (6.4% of Total investments)** | **U.S. Government and Agency obligations 10.6% (6.4% of Total investments)** | **U.S. Government and Agency obligations 10.6% (6.4% of Total investments)** |  | &nbsp;&nbsp;**$13699583** |
| (Cost $13,459,185) |  |  |  |  |  |
| **U.S. Government Agency 10.6%** |  |  |  |  | **13699583** |
| Federal National Mortgage Association |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-01-55 |  | &nbsp;&nbsp;&nbsp;&nbsp;4916046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5003647 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-01-55 |  | &nbsp;&nbsp;&nbsp;&nbsp;4311401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4458266 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-01-55 |  | &nbsp;&nbsp;&nbsp;&nbsp;4098072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4237670 |
| **Corporate bonds 134.1% (80.8% of Total investments)** | **Corporate bonds 134.1% (80.8% of Total investments)** | **Corporate bonds 134.1% (80.8% of Total investments)** | **Corporate bonds 134.1% (80.8% of Total investments)** |  | &nbsp;&nbsp;**$173087901** |
| (Cost $173,614,874) |  |  |  |  |  |
| **Communication services 18.5%** | **Communication services 18.5%** |  |  |  | **23929508** |
| **Diversified telecommunication services 4.1%** | **Diversified telecommunication services 4.1%** | **Diversified telecommunication services 4.1%** |  |  |  |
| Cipher Compute LLC (B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;11-15-30 |  | 149000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153531 |
| Connect Finco SARL (A)(B) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;09-15-29 |  | 245000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260035 |
| Connect Holding II LLC (B) | &nbsp;&nbsp;10.500 | &nbsp;&nbsp;04-03-31 |  | 104000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102075 |
| Fibercop SpA (B) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;11-15-33 |  | 70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70893 |
| Fibercop SpA (B) | &nbsp;&nbsp;7.200 | &nbsp;&nbsp;07-18-36 |  | 70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70827 |
| Frontier Florida LLC (A) | &nbsp;&nbsp;6.860 | &nbsp;&nbsp;02-01-28 |  | 700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724500 |
| Iliad Holding SAS (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;04-15-32 |  | 246000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252140 |
| Level 3 Financing, Inc. (B) | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;07-15-29 |  | 69000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63653 |
| Level 3 Financing, Inc. (A)(B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;06-30-33 |  | 1273000 | &nbsp;&nbsp;&nbsp;&nbsp;1311815 |
| Level 3 Financing, Inc. (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;03-31-34 |  | 829000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;858682 |
| Level 3 Financing, Inc. (B) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;01-15-36 |  | 182000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186320 |
| Sable International Finance, Ltd. (B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;10-15-32 |  | 393000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397321 |
| Uniti Services LLC (A)(B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;10-15-33 |  | 338000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348969 |
| Windstream Services LLC (A)(B) | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;10-01-31 |  | 413000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432628 |
| Zayo Group Holdings, Inc. (7.125% Cash and 1.875% PIK) (B) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;09-09-30 |  | 91000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83551 |
| **Entertainment 2.6%** | **Entertainment 2.6%** | **Entertainment 2.6%** |  |  |  |
| AMC Entertainment Holdings, Inc. (A)(B)(C) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;02-15-29 |  | 245000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191121 |
| Cinemark USA, Inc. (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;08-01-32 |  | 126000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130375 |
| Playtika Holding Corp. (A)(B) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;03-15-29 |  | 939000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;815545 |
| Univision Communications, Inc. (A)(B) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;07-31-31 |  | 850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886428 |
| Univision Communications, Inc. (A)(B) | &nbsp;&nbsp;9.375 | &nbsp;&nbsp;08-01-32 |  | 223000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240094 |
| WarnerMedia Holdings, Inc. | &nbsp;&nbsp;4.279 | &nbsp;&nbsp;03-15-32 |  | 1270000 | &nbsp;&nbsp;&nbsp;&nbsp;1117600 |
| **Interactive media and services 1.0%** | **Interactive media and services 1.0%** | **Interactive media and services 1.0%** |  |  |  |
| Arches Buyer, Inc. (B) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;12-01-28 |  | 51000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49865 |
| Match Group Holdings II LLC (B) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;09-15-33 |  | 614000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;616280 |
| Snap, Inc. (A)(B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;03-01-33 |  | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615693 |
| **Media 7.3%** | **Media 7.3%** | **Media 7.3%** |  |  |  |
| Altice Financing SA (B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;08-15-29 |  | 400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287800 |
| Altice Financing SA (B) | &nbsp;&nbsp;9.625 | &nbsp;&nbsp;07-15-27 |  | 940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728128 |
| Altice France Lux 3 (A)(B)(C) | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;01-15-33 |  | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115960 |
| Altice France Lux 3, Zero Coupon (B)(D) | &nbsp;&nbsp;0.000 |  | &nbsp;&nbsp;EUR | 501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82 |
| Altice France SA (B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;07-15-32 |  | 476372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465198 |
| Altice France SA (B) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;11-01-29 |  | 271341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278471 |
| CCO Holdings LLC (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;02-01-33 |  | 203000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204961 |
| CCO Holdings LLC (A)(B) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;02-01-36 |  | 282000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282338 |
| Clear Channel Outdoor Holdings, Inc. (A)(B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;02-15-31 |  | 209000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217946 |
| Clear Channel Outdoor Holdings, Inc. (A)(B)(C) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;06-01-29 |  | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108847 |
| Clear Channel Outdoor Holdings, Inc. (B) | &nbsp;&nbsp;7.750 | &nbsp;&nbsp;04-15-28 |  | 105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105033 |
| CSC Holdings LLC (B) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;12-01-30 |  | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74612 |
| CSC Holdings LLC (B) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;04-15-27 |  | 575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507520 |
| CSC Holdings LLC (B) | &nbsp;&nbsp;11.750 | &nbsp;&nbsp;01-31-29 |  | 708000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516250 |
| Directv Financing LLC (A)(B) | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;02-15-31 |  | 963000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991976 |
| DISH DBS Corp. | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;06-01-29 |  | 274000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242495 |
| DISH DBS Corp. (B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;12-01-28 |  | 276000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267093 |

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2 JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Communication services (continued)** | **Communication services (continued)** |  |  |  |
| **Media (continued)** | **Media (continued)** | **Media (continued)** |  |  |
| DISH Network Corp. (B) | &nbsp;&nbsp;11.750 | &nbsp;&nbsp;11-15-27 | 990000 | &nbsp;&nbsp;&nbsp;$1024608 |
| Gray Media, Inc. (A)(B)(C) | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;10-15-30 | 97000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74865 |
| Gray Media, Inc. (A)(B)(C) | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;11-15-31 | 105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77954 |
| Gray Media, Inc. (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;08-15-33 | 210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214992 |
| Gray Media, Inc. (B) | &nbsp;&nbsp;9.625 | &nbsp;&nbsp;07-15-32 | 94000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96909 |
| Gray Media, Inc. (A)(B) | &nbsp;&nbsp;10.500 | &nbsp;&nbsp;07-15-29 | 188000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201934 |
| iHeartCommunications, Inc. (B) | &nbsp;&nbsp;10.875 | &nbsp;&nbsp;05-01-30 | 495400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410984 |
| McGraw-Hill Education, Inc. (B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;08-01-29 | 66000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66601 |
| Neptune Bidco US, Inc. (A)(B) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;02-15-33 | 115000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117101 |
| Neptune Bidco US, Inc. (A)(B) | &nbsp;&nbsp;10.375 | &nbsp;&nbsp;05-15-31 | 489000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517017 |
| Scripps Escrow II, Inc. (B) | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;01-15-31 | 137000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101622 |
| Stagwell Global LLC (A)(B) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;08-15-29 | 771000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747611 |
| The EW Scripps Company (B) | &nbsp;&nbsp;9.875 | &nbsp;&nbsp;08-15-30 | 83000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82714 |
| Versant Media Group, Inc. (B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;01-30-31 | 97000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99405 |
| VZ Secured Financing BV (A)(B) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-15-32 | 146000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131832 |
| VZ Secured Financing BV (A)(B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;01-15-33 | 113000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113346 |
| **Wireless telecommunication services 3.5%** | **Wireless telecommunication services 3.5%** | **Wireless telecommunication services 3.5%** |  |  |
| C&W Senior Finance, Ltd. (B) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;01-15-33 | 590000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613620 |
| Rogers Communications, Inc. (7.000% to 4-15-30, then 5 Year CMT + 2.653%) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;04-15-55 | 1081000 | &nbsp;&nbsp;&nbsp;&nbsp;1121291 |
| SoftBank Group Corp. | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;09-19-27 | 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;1488481 |
| SoftBank Group Corp. (6.875% to 7-19-27, then 5 Year SOFR Spread-Adjusted ICE Swap Rate + 4.854% to 7-19-42, then 5 Year SOFR Spread-Adjusted ICE Swap Rate + 5.604%) (E) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;07-19-27 | 1083000 | &nbsp;&nbsp;&nbsp;&nbsp;1056938 |
| Vmed O2 UK Financing I PLC (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;01-15-33 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195032 |
| **Consumer discretionary 17.8%** | **Consumer discretionary 17.8%** |  |  | **22955426** |
| **Automobile components 2.4%** | **Automobile components 2.4%** | **Automobile components 2.4%** |  |  |
| American Axle & Manufacturing, Inc. (B) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;10-15-32 | 84000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85705 |
| American Axle & Manufacturing, Inc. (A)(B) | &nbsp;&nbsp;7.750 | &nbsp;&nbsp;10-15-33 | 336000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345652 |
| Clarios Global LP (B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;09-15-32 | 166000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171815 |
| Dealer Tire LLC (B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;02-01-28 | 52000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51917 |
| IHO Verwaltungs GmbH (8.000% Cash or 8.750% PIK) (A)(B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;11-15-32 | 91000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96981 |
| The Goodyear Tire & Rubber Company (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-29 | 289000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283027 |
| The Goodyear Tire & Rubber Company (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;04-30-31 | 505000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486019 |
| ZF North America Capital, Inc. (B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;04-23-30 | 554000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555460 |
| ZF North America Capital, Inc. (A)(B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;04-14-28 | 586000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605042 |
| ZF North America Capital, Inc. (B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;03-24-31 | 430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440745 |
| **Automobiles 2.8%** | **Automobiles 2.8%** | **Automobiles 2.8%** |  |  |
| Ford Motor Credit Company LLC (A) | &nbsp;&nbsp;6.950 | &nbsp;&nbsp;03-06-26 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1001713 |
| Ford Motor Credit Company LLC | &nbsp;&nbsp;7.350 | &nbsp;&nbsp;03-06-30 | 407000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439434 |
| General Motors Company (A) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;04-01-46 | 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;1613058 |
| Nissan Motor Company, Ltd. (B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;07-17-30 | 518000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543886 |
| **Broadline retail 2.8%** | **Broadline retail 2.8%** | **Broadline retail 2.8%** |  |  |
| Kohl's Corp. (A) | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;05-01-31 | 287000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245697 |
| Kohl's Corp. (A)(B) | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;06-01-30 | 573000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627711 |
| Liberty Interactive LLC | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;02-01-30 | 1450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94714 |
| Macy's Retail Holdings LLC (A)(B)(C) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;08-01-33 | 449000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474131 |
| Nordstrom, Inc. | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;08-01-31 | 500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462427 |
| Nordstrom, Inc. | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-15-44 | 900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668407 |
| QVC, Inc. | &nbsp;&nbsp;5.950 | &nbsp;&nbsp;03-15-43 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380000 |
| QVC, Inc. (B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;04-15-29 | 528000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219120 |
| Rakuten Group, Inc. (6.250% to 4-22-31, then 5 Year CMT + 4.956% to 4-22-51, then 5 Year CMT + 5.706%) (A)(B)(C)(E) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;04-22-31 | 226000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218506 |
| Rakuten Group, Inc. (8.125% to 12-15-29, then 5 Year CMT + 4.250%) (B)(E) | &nbsp;&nbsp;8.125 | &nbsp;&nbsp;12-15-29 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206997 |
| **Diversified consumer services 0.8%** | **Diversified consumer services 0.8%** | **Diversified consumer services 0.8%** |  |  |
| Graham Holdings Company (B) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;12-01-33 | 208000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209003 |

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SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT 3

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Consumer discretionary (continued)** | **Consumer discretionary (continued)** |  |  |  |
| **Diversified consumer services (continued)** | **Diversified consumer services (continued)** | **Diversified consumer services (continued)** |  |  |
| Sotheby's (A)(B) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;10-15-27 | 750000 | &nbsp;&nbsp;&nbsp;&nbsp;$747091 |
| **Hotels, restaurants and leisure 4.3%** | **Hotels, restaurants and leisure 4.3%** | **Hotels, restaurants and leisure 4.3%** |  |  |
| Affinity Interactive (B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;12-15-27 | 753000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451800 |
| Choice Hotels International, Inc. (A) | &nbsp;&nbsp;5.850 | &nbsp;&nbsp;08-01-34 | 1581000 | &nbsp;&nbsp;&nbsp;&nbsp;1619788 |
| Full House Resorts, Inc. (A)(B)(C) | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;02-15-28 | 666000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606893 |
| Hilton Grand Vacations Borrower LLC (B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;01-15-32 | 755000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771746 |
| Jacobs Entertainment, Inc. (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;02-15-29 | 255000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251767 |
| Lindblad Expeditions LLC (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;09-15-30 | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234886 |
| Resorts World Las Vegas LLC (B) | &nbsp;&nbsp;8.450 | &nbsp;&nbsp;07-27-30 | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609676 |
| Sabre GLBL, Inc. (A)(B) | &nbsp;&nbsp;10.750 | &nbsp;&nbsp;11-15-29 | 171000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139567 |
| Sabre GLBL, Inc. (A)(B) | &nbsp;&nbsp;10.750 | &nbsp;&nbsp;03-15-30 | 290640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233239 |
| Sabre GLBL, Inc. (A)(B) | &nbsp;&nbsp;11.125 | &nbsp;&nbsp;07-15-30 | 612000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494955 |
| Six Flags Entertainment Corp. (B) | &nbsp;&nbsp;8.625 | &nbsp;&nbsp;01-15-32 | 123000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125515 |
| **Household durables 2.4%** | **Household durables 2.4%** | **Household durables 2.4%** |  |  |
| Installed Building Products, Inc. (B) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;02-01-34 | 57000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57328 |
| KB Home (A) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;07-15-30 | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231609 |
| Newell Brands, Inc. (A) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;09-15-27 | 1242000 | &nbsp;&nbsp;&nbsp;&nbsp;1252481 |
| Newell Brands, Inc. (A)(B) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;06-01-28 | 766000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803109 |
| Taylor Morrison Communities, Inc. (B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;11-15-32 | 90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92378 |
| Whirlpool Corp. | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;06-15-30 | 658000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659715 |
| **Leisure products 0.0%** | **Leisure products 0.0%** | **Leisure products 0.0%** |  |  |
| MajorDrive Holdings IV LLC (A)(B)(C) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;06-01-29 | 55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44246 |
| **Specialty retail 2.0%** | **Specialty retail 2.0%** | **Specialty retail 2.0%** |  |  |
| Carvana Company (9.000% Cash or 13.000% PIK) (A)(B) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;06-01-30 | 147485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153782 |
| Carvana Company (9.000% Cash or 14.000% PIK) (A)(B) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;06-01-31 | 204841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225339 |
| Champions Financing, Inc. (B) | &nbsp;&nbsp;8.750 | &nbsp;&nbsp;02-15-29 | 63000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61114 |
| Mavis Tire Express Services Topco Corp. (A)(B)(C) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;05-15-29 | 75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74853 |
| Petco Health & Wellness Company, Inc. (B) | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;02-01-31 | 164000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164430 |
| PetSmart LLC (A)(B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;09-15-32 | 522000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535291 |
| PetSmart LLC (B) | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;09-15-33 | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338181 |
| Staples, Inc. (B) | &nbsp;&nbsp;12.750 | &nbsp;&nbsp;01-15-30 | 84000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68780 |
| The Michaels Companies, Inc. (B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;05-01-29 | 199000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193887 |
| Wayfair LLC (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;10-31-29 | 171000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178796 |
| Wayfair LLC (A)(B) | &nbsp;&nbsp;7.750 | &nbsp;&nbsp;09-15-30 | 571000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;607042 |
| **Textiles, apparel and luxury goods 0.3%** | **Textiles, apparel and luxury goods 0.3%** | **Textiles, apparel and luxury goods 0.3%** |  |  |
| Beach Acquisition Bidco LLC (10.000% Cash or 10.750% PIK) (B) | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;07-15-33 | 362592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398975 |
| **Consumer staples 2.7%** | **Consumer staples 2.7%** |  |  | &nbsp;&nbsp;**3517277** |
| **Consumer staples distribution and retail 0.6%** | **Consumer staples distribution and retail 0.6%** | **Consumer staples distribution and retail 0.6%** |  |  |
| Albertsons Companies, Inc. (B) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;03-31-32 | 656000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655335 |
| Albertsons Companies, Inc. (B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;03-31-34 | 208000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204563 |
| **Food products 1.9%** | **Food products 1.9%** | **Food products 1.9%** |  |  |
| B&G Foods, Inc. | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09-15-27 | 52000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50251 |
| B&G Foods, Inc. (B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;09-15-28 | 49000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46244 |
| Froneri Lux FinCo SARL (A)(B) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;08-01-32 | 1242000 | &nbsp;&nbsp;&nbsp;&nbsp;1257675 |
| JBS USA Lux SA (A) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;04-01-33 | 610000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636572 |
| Simmons Foods, Inc. (A)(B) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;03-01-29 | 463000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446231 |
| **Personal care products 0.2%** | **Personal care products 0.2%** | **Personal care products 0.2%** |  |  |
| HLF Financing Sarl LLC (A)(B) | &nbsp;&nbsp;12.250 | &nbsp;&nbsp;04-15-29 | 205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220406 |
| **Energy 18.6%** | **Energy 18.6%** |  |  | **24018922** |
| **Energy equipment and services 1.6%** | **Energy equipment and services 1.6%** | **Energy equipment and services 1.6%** |  |  |
| Archrock Partners LP (A)(B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;09-01-32 | 670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694520 |
| Bristow Group, Inc. (B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;02-01-33 | 67000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67785 |
| Enerflex, Inc. (A)(B)(C) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;01-15-31 | 48000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49607 |

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4 JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Energy (continued)** | **Energy (continued)** |  |  |  |
| **Energy equipment and services (continued)** | **Energy equipment and services (continued)** | **Energy equipment and services (continued)** |  |  |
| Kodiak Gas Services LLC (A)(B) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;10-01-33 | 293000 | &nbsp;&nbsp;&nbsp;&nbsp;$300115 |
| Nabors Industries, Inc. (A)(B) | &nbsp;&nbsp;7.625 | &nbsp;&nbsp;11-15-32 | 67000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68253 |
| SESI LLC (A)(B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;09-30-30 | 206000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207715 |
| Transocean International, Ltd. (A)(C) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;04-15-31 | 41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40402 |
| Transocean International, Ltd. (A)(B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;10-15-32 | 82000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86497 |
| Transocean International, Ltd. (B) | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;05-15-29 | 94000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95774 |
| Transocean International, Ltd. (A)(B)(C) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;05-15-31 | 95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96700 |
| USA Compression Partners LP (A)(B) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;10-01-33 | 316000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320107 |
| **Oil, gas and consumable fuels 17.0%** | **Oil, gas and consumable fuels 17.0%** | **Oil, gas and consumable fuels 17.0%** |  |  |
| Calumet Specialty Products Partners LP (B) | &nbsp;&nbsp;9.750 | &nbsp;&nbsp;02-15-31 | 82000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84563 |
| Cenovus Energy, Inc. (A) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;11-15-39 | 115000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126149 |
| Continental Resources, Inc. (A) | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;01-15-28 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1001296 |
| Crescent Energy Finance LLC (A)(B) | &nbsp;&nbsp;8.375 | &nbsp;&nbsp;01-15-34 | 1076000 | &nbsp;&nbsp;&nbsp;&nbsp;1086184 |
| Delek Logistics Partners LP (A)(B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;06-01-28 | 418000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420761 |
| Enbridge, Inc. (7.625% to 1-15-33, then 5 Year CMT + 4.418% to 1-15-53, then 5 Year CMT + 5.168%) | &nbsp;&nbsp;7.625 | &nbsp;&nbsp;01-15-83 | 801000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873806 |
| Enbridge, Inc. (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;01-15-84 | 1369000 | &nbsp;&nbsp;&nbsp;&nbsp;1566584 |
| Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (E) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;05-15-30 | 2067000 | &nbsp;&nbsp;&nbsp;&nbsp;2134969 |
| Excelerate Energy LP (A)(B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;05-15-30 | 574000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613825 |
| Genesis Energy LP (A) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;05-15-33 | 527000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550010 |
| Genesis Energy LP (A) | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;01-15-29 | 894000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;931974 |
| Global Partners LP (A)(B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;07-01-33 | 228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233542 |
| Hilcorp Energy I LP (A)(B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;02-01-29 | 468000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468112 |
| Howard Midstream Energy Partners LLC (A)(B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;01-15-34 | 187000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191937 |
| Howard Midstream Energy Partners LLC (A)(B) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;07-15-32 | 104000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109856 |
| Long Ridge Energy LLC (A)(B) | &nbsp;&nbsp;8.750 | &nbsp;&nbsp;02-15-32 | 645000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685207 |
| NGL Energy Operating LLC (A)(B) | &nbsp;&nbsp;8.375 | &nbsp;&nbsp;02-15-32 | 187000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195725 |
| Northern Oil & Gas, Inc. (A)(B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;10-15-33 | 126000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127212 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;09-01-30 | 340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365578 |
| Petroleos Mexicanos | &nbsp;&nbsp;6.700 | &nbsp;&nbsp;02-16-32 | 632000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630980 |
| SM Energy Company (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;08-01-32 | 656000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657681 |
| SM Energy Company (A)(B) | &nbsp;&nbsp;8.750 | &nbsp;&nbsp;07-01-31 | 690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724747 |
| SM Energy Company (A)(B) | &nbsp;&nbsp;9.625 | &nbsp;&nbsp;06-15-33 | 424000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463723 |
| Sunoco LP (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;04-30-30 | 374000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365182 |
| Sunoco LP (B) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;03-15-31 | 279000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280710 |
| Sunoco LP (B) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;03-15-34 | 488000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489300 |
| Sunoco LP (A) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;04-15-27 | 436000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436450 |
| TransMontaigne Partners LLC (B) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;06-15-30 | 51000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52908 |
| Venture Global LNG, Inc. (A)(B)(C) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;01-15-30 | 612000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615792 |
| Venture Global LNG, Inc. (9.000% to 9-30-29, then 5 Year CMT + 5.440%) (A)(B)(E) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;09-30-29 | 2321000 | &nbsp;&nbsp;&nbsp;&nbsp;2041838 |
| Venture Global LNG, Inc. (A)(B) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;02-01-29 | 1457000 | &nbsp;&nbsp;&nbsp;&nbsp;1551516 |
| Venture Global Plaquemines LNG LLC (B) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;12-15-30 | 206000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212036 |
| Venture Global Plaquemines LNG LLC (B) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;01-15-34 | 258000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267752 |
| Venture Global Plaquemines LNG LLC (B) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-15-34 | 206000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213340 |
| Venture Global Plaquemines LNG LLC (B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;05-01-33 | 1052000 | &nbsp;&nbsp;&nbsp;&nbsp;1153379 |
| Vermilion Energy, Inc. (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;02-15-33 | 69000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66823 |
| **Financials 36.6%** | **Financials 36.6%** |  |  | **47183009** |
| **Banks 14.5%** | **Banks 14.5%** | **Banks 14.5%** |  |  |
| Bank of America Corp. (6.125% to 4-27-27, then 5 Year CMT + 3.231%) (A)(E) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;04-27-27 | 2500000 | &nbsp;&nbsp;&nbsp;&nbsp;2532058 |
| Bank of Montreal (7.700% to 5-26-29, then 5 Year CMT + 3.452%) (A) | &nbsp;&nbsp;7.700 | &nbsp;&nbsp;05-26-84 | 2156000 | &nbsp;&nbsp;&nbsp;&nbsp;2292619 |
| Barclays PLC (8.000% to 9-15-29, then 5 Year CMT + 5.431%) (E) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;03-15-29 | 2200000 | &nbsp;&nbsp;&nbsp;&nbsp;2351897 |
| BNP Paribas SA (8.000% to 8-22-31, then 5 Year CMT + 3.727%) (A)(B)(C)(E) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;08-22-31 | 692000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753872 |
| Comerica, Inc. (5.982% to 1-30-29, then Overnight SOFR + 2.155%) (A) | &nbsp;&nbsp;5.982 | &nbsp;&nbsp;01-30-30 | 648000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677368 |
| HSBC Holdings PLC (6.000% to 5-22-27, then 5 Year U.S. ICE Swap Rate + 3.746%) (A)(E) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;05-22-27 | 2200000 | &nbsp;&nbsp;&nbsp;&nbsp;2229172 |

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SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT 5

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Financials (continued)** | **Financials (continued)** |  |  |  |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |  |  |
| HSBC Holdings PLC (6.875% to 3-11-30, then 5 Year CMT + 3.298%) (A)(E) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;09-11-29 | 1111000 | $1147831 |
| Park River Holdings, Inc. (A)(B)(C) | &nbsp;&nbsp;8.750 | &nbsp;&nbsp;12-31-30 | 53000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52642 |
| Popular, Inc. (A)(C) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;03-13-28 | 770000 | &nbsp;&nbsp;&nbsp;&nbsp;806356 |
| The Bank of Nova Scotia (8.625% to 10-27-27, then 5 Year CMT + 4.389%) (A) | &nbsp;&nbsp;8.625 | &nbsp;&nbsp;10-27-82 | 2000000 | &nbsp;&nbsp;&nbsp;2118010 |
| The Toronto-Dominion Bank (7.250% to 7-31-29, then 5 Year CMT + 2.977%) (A) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;07-31-84 | 1054000 | &nbsp;&nbsp;&nbsp;1103436 |
| The Toronto-Dominion Bank (8.125% to 10-31-27, then 5 Year CMT + 4.075%) (A) | &nbsp;&nbsp;8.125 | &nbsp;&nbsp;10-31-82 | 2100000 | &nbsp;&nbsp;&nbsp;2200168 |
| Truist Financial Corp. (5.711% to 1-24-34, then Overnight SOFR + 1.922%) (A) | &nbsp;&nbsp;5.711 | &nbsp;&nbsp;01-24-35 | 413000 | &nbsp;&nbsp;&nbsp;&nbsp;432518 |
| **Capital markets 3.1%** | **Capital markets 3.1%** | **Capital markets 3.1%** |  |  |
| Ares Strategic Income Fund (A) | &nbsp;&nbsp;5.600 | &nbsp;&nbsp;02-15-30 | 2000000 | &nbsp;&nbsp;&nbsp;1999994 |
| Brookfield Finance, Inc. (6.300% to 1-15-35, then 5 Year CMT + 2.076%) (A) | &nbsp;&nbsp;6.300 | &nbsp;&nbsp;01-15-55 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;993322 |
| Focus Financial Partners LLC (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;09-15-31 | 433000 | &nbsp;&nbsp;&nbsp;&nbsp;443275 |
| Hightower Holding LLC (A)(B)(C) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;04-15-29 | 32000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31956 |
| Hightower Holding LLC (B) | &nbsp;&nbsp;9.125 | &nbsp;&nbsp;01-31-30 | 43000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45388 |
| Jane Street Group (B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;05-01-33 | 413000 | &nbsp;&nbsp;&nbsp;&nbsp;429577 |
| **Consumer finance 3.6%** | **Consumer finance 3.6%** | **Consumer finance 3.6%** |  |  |
| Bread Financial Holdings, Inc. (B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;05-15-31 | 285000 | &nbsp;&nbsp;&nbsp;&nbsp;293515 |
| Credit Acceptance Corp. (A)(B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;03-15-30 | 356000 | &nbsp;&nbsp;&nbsp;&nbsp;356349 |
| goeasy, Ltd. (B) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;10-01-30 | 743000 | &nbsp;&nbsp;&nbsp;&nbsp;716872 |
| OneMain Finance Corp. | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;05-15-30 | 912000 | &nbsp;&nbsp;&nbsp;&nbsp;929688 |
| OneMain Finance Corp. | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;03-15-33 | 725000 | &nbsp;&nbsp;&nbsp;&nbsp;728715 |
| OneMain Finance Corp. | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;03-15-32 | 218000 | &nbsp;&nbsp;&nbsp;&nbsp;222806 |
| OneMain Finance Corp. (A) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;03-15-30 | 1000000 | &nbsp;&nbsp;&nbsp;1054862 |
| PHH Escrow Issuer LLC (B) | &nbsp;&nbsp;9.875 | &nbsp;&nbsp;11-01-29 | 66000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67536 |
| Rfna LP (A)(B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;02-15-30 | 257000 | &nbsp;&nbsp;&nbsp;&nbsp;258884 |
| **Financial services 5.9%** | **Financial services 5.9%** | **Financial services 5.9%** |  |  |
| Block, Inc. | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;06-01-31 | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;561103 |
| Cobra AcquisitionCo LLC (B) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;11-01-29 | 41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35824 |
| Cobra AcquisitionCo LLC (B) | &nbsp;&nbsp;12.250 | &nbsp;&nbsp;11-01-29 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25250 |
| CrossCountry Intermediate HoldCo LLC (A)(B) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;10-01-30 | 212000 | &nbsp;&nbsp;&nbsp;&nbsp;215178 |
| CrossCountry Intermediate HoldCo LLC (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;12-01-32 | 293000 | &nbsp;&nbsp;&nbsp;&nbsp;295409 |
| Enact Holdings, Inc. (A) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;05-28-29 | 1068000 | &nbsp;&nbsp;&nbsp;1119262 |
| Freedom Mortgage Corp. (A)(B) | &nbsp;&nbsp;12.250 | &nbsp;&nbsp;10-01-30 | 576000 | &nbsp;&nbsp;&nbsp;&nbsp;634970 |
| Freedom Mortgage Holdings LLC (A)(B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;05-01-31 | 88000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87329 |
| Freedom Mortgage Holdings LLC (A)(B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;04-01-33 | 221000 | &nbsp;&nbsp;&nbsp;&nbsp;225428 |
| Freedom Mortgage Holdings LLC (A)(B) | &nbsp;&nbsp;8.375 | &nbsp;&nbsp;04-01-32 | 336000 | &nbsp;&nbsp;&nbsp;&nbsp;351483 |
| ION Platform Finance US, Inc. (A)(B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;05-15-28 | 189000 | &nbsp;&nbsp;&nbsp;&nbsp;179203 |
| ION Platform Finance US, Inc. (A)(B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;09-30-32 | 208000 | &nbsp;&nbsp;&nbsp;&nbsp;182419 |
| ION Platform Finance US, Inc. (A)(B) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;05-30-29 | 263000 | &nbsp;&nbsp;&nbsp;&nbsp;253622 |
| NMI Holdings, Inc. (A) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;08-15-29 | 649000 | &nbsp;&nbsp;&nbsp;&nbsp;669664 |
| Osaic Holdings, Inc. (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;08-01-32 | 321000 | &nbsp;&nbsp;&nbsp;&nbsp;332674 |
| Osaic Holdings, Inc. (B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;08-01-32 | 82000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84970 |
| Osaic Holdings, Inc. (B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;08-01-33 | 42000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43534 |
| Osaic Holdings, Inc. (B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;08-01-33 | 41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42487 |
| PennyMac Financial Services, Inc. (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;02-15-34 | 425000 | &nbsp;&nbsp;&nbsp;&nbsp;428882 |
| PennyMac Financial Services, Inc. (A)(B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;05-15-32 | 355000 | &nbsp;&nbsp;&nbsp;&nbsp;362795 |
| PennyMac Financial Services, Inc. (A)(B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;02-15-33 | 382000 | &nbsp;&nbsp;&nbsp;&nbsp;389644 |
| Rocket Companies, Inc. (B) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;08-01-33 | 468000 | &nbsp;&nbsp;&nbsp;&nbsp;485532 |
| Stonebriar ABF Issuer LLC (A)(B) | &nbsp;&nbsp;8.125 | &nbsp;&nbsp;12-15-30 | 386000 | &nbsp;&nbsp;&nbsp;&nbsp;400992 |
| Walker & Dunlop, Inc. (B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;04-01-33 | 177000 | &nbsp;&nbsp;&nbsp;&nbsp;181440 |
| **Insurance 8.8%** | **Insurance 8.8%** | **Insurance 8.8%** |  |  |
| Acrisure LLC (B) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;06-15-29 | 320000 | &nbsp;&nbsp;&nbsp;&nbsp;334637 |
| Alliant Holdings Intermediate LLC (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;01-15-31 | 581000 | &nbsp;&nbsp;&nbsp;&nbsp;602356 |
| Alliant Holdings Intermediate LLC (B) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;10-01-32 | 281000 | &nbsp;&nbsp;&nbsp;&nbsp;290896 |
| Amynta Agency Borrower, Inc. (B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;07-15-33 | 74000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75448 |
| Ardonagh Group Finance, Ltd. (B) | &nbsp;&nbsp;8.875 | &nbsp;&nbsp;02-15-32 | 161000 | &nbsp;&nbsp;&nbsp;&nbsp;166026 |

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6 JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

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---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Financials (continued)** | **Financials (continued)** |  |  |  |
| **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** |  |  |
| Asurion LLC (B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;12-31-32 | 674000 | &nbsp;&nbsp;&nbsp;&nbsp;$704198 |
| Asurion LLC (A)(B)(C) | &nbsp;&nbsp;8.375 | &nbsp;&nbsp;02-01-34 | 685000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692508 |
| Athene Holding, Ltd. (6.625% to 10-15-34, then 5 Year CMT + 2.607%) (A) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;10-15-54 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999540 |
| Athene Holding, Ltd. (6.875% to 6-28-35, then 5 Year CMT + 2.582%) (A) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;06-28-55 | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;2003570 |
| Baldwin Insurance Group Holdings LLC (A)(B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;05-15-31 | 315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323922 |
| Broadstreet Partners Group LLC (B) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;04-15-29 | 76000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75820 |
| Global Atlantic Financial Company (7.950% to 10-15-29, then 5 Year CMT + 3.608%) (B) | &nbsp;&nbsp;7.950 | &nbsp;&nbsp;10-15-54 | 516000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533353 |
| Howden UK Refinance PLC (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;02-15-31 | 466000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481970 |
| Howden UK Refinance PLC (B) | &nbsp;&nbsp;8.125 | &nbsp;&nbsp;02-15-32 | 362000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368855 |
| HUB International, Ltd. (B) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;01-31-32 | 321000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336249 |
| Jones Deslauriers Insurance Management, Inc. (B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;10-01-33 | 42000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40939 |
| Panther Escrow Issuer LLC (A)(B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;06-01-31 | 755000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777594 |
| Prudential Financial, Inc. (3.700% to 10-1-30, then 5 Year CMT + 3.035%) (A) | &nbsp;&nbsp;3.700 | &nbsp;&nbsp;10-01-50 | 2100000 | &nbsp;&nbsp;&nbsp;&nbsp;1959940 |
| SBL Holdings, Inc. (A)(B) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-18-31 | 587000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545903 |
| USI, Inc. (B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;01-15-32 | 64000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67000 |
| **Mortgage real estate investment trusts 0.7%** | **Mortgage real estate investment trusts 0.7%** | **Mortgage real estate investment trusts 0.7%** |  |  |
| Blackstone Mortgage Trust, Inc. (A)(B) | &nbsp;&nbsp;7.750 | &nbsp;&nbsp;12-01-29 | 645000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691388 |
| Starwood Property Trust, Inc. (B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;01-15-31 | 248000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251117 |
| **Health care 9.2%** | **Health care 9.2%** |  |  | **11823010** |
| **Biotechnology 0.4%** | **Biotechnology 0.4%** | **Biotechnology 0.4%** |  |  |
| Genmab A/S (B) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;12-15-32 | 213000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218333 |
| Genmab A/S (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;12-15-33 | 145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153462 |
| National Mentor Holdings, Inc. (A)(B) | &nbsp;&nbsp;10.500 | &nbsp;&nbsp;12-15-30 | 183000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189091 |
| **Health care equipment and supplies 0.7%** | **Health care equipment and supplies 0.7%** | **Health care equipment and supplies 0.7%** |  |  |
| Varex Imaging Corp. (A)(B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;10-15-27 | 897000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912713 |
| **Health care providers and services 5.6%** | **Health care providers and services 5.6%** | **Health care providers and services 5.6%** |  |  |
| Acadia Healthcare Company, Inc. (A)(B)(C) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;03-15-33 | 658000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649969 |
| Accendra Health, Inc. (A)(B)(C) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;03-31-29 | 51000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33555 |
| Accendra Health, Inc. (B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;04-01-30 | 58000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32624 |
| AdaptHealth LLC (A)(B) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;08-01-29 | 450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434642 |
| AMN Healthcare, Inc. (A)(B) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;04-15-29 | 529000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505845 |
| AMN Healthcare, Inc. (A)(B) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;01-15-31 | 294000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297854 |
| AthenaHealth Group, Inc. (B) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;02-15-30 | 246000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238582 |
| Community Health Systems, Inc. (B) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-15-30 | 498000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469571 |
| Community Health Systems, Inc. (A)(B)(C) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;04-01-30 | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106984 |
| Community Health Systems, Inc. (A)(B)(C) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;04-15-29 | 131000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120461 |
| Community Health Systems, Inc. (B) | &nbsp;&nbsp;10.875 | &nbsp;&nbsp;01-15-32 | 329000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354181 |
| CVS Health Corp. (7.000% to 3-10-30, then 5 Year CMT + 2.886%) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;03-10-55 | 847000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886509 |
| HCA, Inc. (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;06-15-47 | 1760000 | &nbsp;&nbsp;&nbsp;&nbsp;1661001 |
| MPH Acquisition Holdings LLC (B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;12-31-30 | 80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68400 |
| MPH Acquisition Holdings LLC (6.000% Cash and 0.750% PIK) (B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;03-31-31 | 79296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66609 |
| MPH Acquisition Holdings LLC (6.500% Cash and 5.000% PIK) (B) | &nbsp;&nbsp;11.500 | &nbsp;&nbsp;12-31-30 | 66625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69956 |
| Radiology Partners, Inc. (0.000% Cash and 9.781% PIK) (B) | &nbsp;&nbsp;9.781 | &nbsp;&nbsp;02-15-30 | 81000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81000 |
| Raven Acquisition Holdings LLC (A)(B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;11-15-31 | 359000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359763 |
| Surgery Center Holdings, Inc. (A)(B)(C) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;04-15-32 | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125852 |
| Team Services Holding, Inc. (B) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;02-15-33 | 203000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203000 |
| Tenet Healthcare Corp. (A) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;10-01-28 | 420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420431 |
| **Pharmaceuticals 2.5%** | **Pharmaceuticals 2.5%** | **Pharmaceuticals 2.5%** |  |  |
| Bausch Health Americas, Inc. (A)(B)(C) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;01-31-27 | 67000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66439 |
| Bausch Health Companies, Inc. (A)(B)(C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-30-28 | 48000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41090 |
| Bausch Health Companies, Inc. (B) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;02-15-31 | 127000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83185 |
| Bausch Health Companies, Inc. (B) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;02-15-29 | 122000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96520 |
| Bausch Health Companies, Inc. (B) | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;04-15-32 | 1541000 | &nbsp;&nbsp;&nbsp;&nbsp;1581462 |
| Bausch Health Companies, Inc. (B) | &nbsp;&nbsp;14.000 | &nbsp;&nbsp;10-15-30 | 40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40265 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT 7

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Health care (continued)** | **Health care (continued)** |  |  |  |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |  |  |
| Endo Finance Holdings LP (A)(B) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;04-15-31 | 835000 | &nbsp;&nbsp;&nbsp;&nbsp;$883519 |
| Organon & Company (A)(B) | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;04-30-31 | 228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207059 |
| Perrigo Finance Unlimited Company (A) | &nbsp;&nbsp;5.150 | &nbsp;&nbsp;06-15-30 | 86000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83417 |
| Perrigo Finance Unlimited Company (A) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;09-30-32 | 81000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79666 |
| **Industrials 10.3%** | **Industrials 10.3%** |  |  | **13297602** |
| **Aerospace and defense 1.1%** | **Aerospace and defense 1.1%** | **Aerospace and defense 1.1%** |  |  |
| Carpenter Technology Corp. (B) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;03-01-34 | 165000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167437 |
| Efesto Bidco SpA Efesto US LLC (B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;02-15-32 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203884 |
| TransDigm, Inc. (A) | &nbsp;&nbsp;4.875 | &nbsp;&nbsp;05-01-29 | 430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429213 |
| TransDigm, Inc. (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;01-31-34 | 583000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603414 |
| **Building products 1.1%** | **Building products 1.1%** | **Building products 1.1%** |  |  |
| Builders FirstSource, Inc. (B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;05-15-35 | 425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446517 |
| Clearway Energy Operating LLC (B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;01-15-34 | 206000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206751 |
| CP Atlas Buyer, Inc. (7.000% Cash and 5.750% PIK) (B) | &nbsp;&nbsp;12.750 | &nbsp;&nbsp;01-15-31 | 49000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45146 |
| FXI Holdings, Inc. (A)(B)(C) | &nbsp;&nbsp;11.000 | &nbsp;&nbsp;11-15-30 | 21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19346 |
| JELD-WEN, Inc. (A)(B)(C) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;09-01-32 | 749000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469155 |
| Miter Brands Acquisition Holdco, Inc. (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;04-01-32 | 258000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264982 |
| **Commercial services and supplies 3.7%** | **Commercial services and supplies 3.7%** | **Commercial services and supplies 3.7%** |  |  |
| Albion Financing 1 SARL (B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;05-21-30 | 465000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484652 |
| Allied Universal Holdco LLC (A)(B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;06-15-30 | 940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976195 |
| Allied Universal Holdco LLC (A)(B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;02-15-31 | 678000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713543 |
| Cimpress PLC (A)(B)(C) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;09-15-32 | 187000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192017 |
| Garda World Security Corp. (B) | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;08-01-32 | 338000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345390 |
| Garda World Security Corp. (B) | &nbsp;&nbsp;8.375 | &nbsp;&nbsp;11-15-32 | 243000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249480 |
| The GEO Group, Inc. (A) | &nbsp;&nbsp;10.250 | &nbsp;&nbsp;04-15-31 | 993000 | &nbsp;&nbsp;&nbsp;&nbsp;1083482 |
| VT Topco, Inc. (A)(B) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;08-15-30 | 711000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728448 |
| **Construction and engineering 0.7%** | **Construction and engineering 0.7%** | **Construction and engineering 0.7%** |  |  |
| Brand Industrial Services, Inc. (A)(B)(C) | &nbsp;&nbsp;10.375 | &nbsp;&nbsp;08-01-30 | 209000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200377 |
| Brundage-Bone Concrete Pumping Holdings, Inc. (A)(B) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;02-01-32 | 644000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648263 |
| **Ground transportation 0.2%** | **Ground transportation 0.2%** | **Ground transportation 0.2%** |  |  |
| Watco Companies LLC (A)(B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;08-01-32 | 238000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249493 |
| **Machinery 1.9%** | **Machinery 1.9%** | **Machinery 1.9%** |  |  |
| Columbus McKinnon Corp. (A)(B)(C) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;02-01-33 | 164000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164853 |
| Lsf12 Helix Parent LLC (B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;02-01-33 | 19000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19056 |
| Madison IAQ LLC (B) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;06-30-29 | 109000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108864 |
| Stanley Black & Decker, Inc. (6.707% to 3-15-30, then 5 Year CMT + 2.657%) | &nbsp;&nbsp;6.707 | &nbsp;&nbsp;03-15-60 | 2102000 | &nbsp;&nbsp;&nbsp;&nbsp;2081189 |
| Synergy Infrastructure Holdings LLC (A)(B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;12-01-30 | 83000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86580 |
| **Passenger airlines 1.0%** | **Passenger airlines 1.0%** | **Passenger airlines 1.0%** |  |  |
| JetBlue Airways Corp. (A)(B) | &nbsp;&nbsp;9.875 | &nbsp;&nbsp;09-20-31 | 1089000 | &nbsp;&nbsp;&nbsp;&nbsp;1093756 |
| OneSky Flight LLC (A)(B) | &nbsp;&nbsp;8.875 | &nbsp;&nbsp;12-15-29 | 177000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189254 |
| **Professional services 0.6%** | **Professional services 0.6%** | **Professional services 0.6%** |  |  |
| Amentum Holdings, Inc. (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;08-01-32 | 152000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160181 |
| TriNet Group, Inc. (A)(B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;08-15-31 | 648000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666684 |
| **Information technology 4.1%** | **Information technology 4.1%** |  |  | &nbsp;&nbsp;**5284398** |
| **Communications equipment 0.4%** | **Communications equipment 0.4%** | **Communications equipment 0.4%** |  |  |
| EchoStar Corp. | &nbsp;&nbsp;10.750 | &nbsp;&nbsp;11-30-29 | 441000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483433 |
| **IT services 0.9%** | **IT services 0.9%** | **IT services 0.9%** |  |  |
| CoreWeave, Inc. (A)(B) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;02-01-31 | 206000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200285 |
| CoreWeave, Inc. (A)(B) | &nbsp;&nbsp;9.250 | &nbsp;&nbsp;06-01-30 | 356000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350446 |
| Virtusa Corp. (B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;12-15-28 | 639000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626874 |
| **Semiconductors and semiconductor equipment 0.4%** | **Semiconductors and semiconductor equipment 0.4%** | **Semiconductors and semiconductor equipment 0.4%** |  |  |
| Qnity Electronics, Inc. (A)(B) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;08-15-33 | 472000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487148 |

---

8 JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Information technology (continued)** | **Information technology (continued)** |  |  |  |
| **Software 1.9%** | **Software 1.9%** | **Software 1.9%** |  |  |
| Cloud Software Group, Inc. (A)(B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;08-15-33 | 231000 | &nbsp;&nbsp;&nbsp;&nbsp;$221433 |
| Cloud Software Group, Inc. (B) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;09-30-29 | 914000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922931 |
| Consensus Cloud Solutions, Inc. (A)(B) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;10-15-28 | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600151 |
| Flash Compute LLC (B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;12-31-30 | 174000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174590 |
| NCR Voyix Corp. (A)(B) | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;04-15-29 | 44000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43363 |
| Pagaya US Holdings Company LLC (A)(B) | &nbsp;&nbsp;8.875 | &nbsp;&nbsp;08-01-30 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178460 |
| Rocket Software, Inc. (B) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;02-15-29 | 60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53465 |
| WULF Compute LLC (A)(B) | &nbsp;&nbsp;7.750 | &nbsp;&nbsp;10-15-30 | 215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224249 |
| **Technology hardware, storage and peripherals 0.5%** | **Technology hardware, storage and peripherals 0.5%** | **Technology hardware, storage and peripherals 0.5%** |  |  |
| Dell International LLC (A) | &nbsp;&nbsp;8.350 | &nbsp;&nbsp;07-15-46 | 319000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401941 |
| Diebold Nixdorf, Inc. (A)(B) | &nbsp;&nbsp;7.750 | &nbsp;&nbsp;03-31-30 | 55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58249 |
| Xerox Corp. (A)(B) | &nbsp;&nbsp;10.250 | &nbsp;&nbsp;10-15-30 | 54000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44520 |
| Xerox Corp. (A)(B)(C) | &nbsp;&nbsp;13.500 | &nbsp;&nbsp;04-15-31 | 73000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53108 |
| Xerox Holdings Corp. (B) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;08-15-28 | 363000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159752 |
| **Materials 10.0%** | **Materials 10.0%** |  |  | **12903127** |
| **Chemicals 3.5%** | **Chemicals 3.5%** | **Chemicals 3.5%** |  |  |
| Ashland, Inc. (A)(C) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;05-15-43 | 845000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893131 |
| Celanese US Holdings LLC | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;02-15-31 | 164000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167751 |
| Celanese US Holdings LLC | &nbsp;&nbsp;7.050 | &nbsp;&nbsp;11-15-30 | 217000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229575 |
| Celanese US Holdings LLC (A)(C) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;02-15-34 | 164000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166883 |
| Consolidated Energy Finance SA (A)(B)(C) | &nbsp;&nbsp;12.000 | &nbsp;&nbsp;02-15-31 | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125985 |
| FMC Corp. (A) | &nbsp;&nbsp;3.450 | &nbsp;&nbsp;10-01-29 | 99000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88928 |
| FMC Corp. (A)(C) | &nbsp;&nbsp;5.650 | &nbsp;&nbsp;05-18-33 | 70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61962 |
| Huntsman International LLC (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;05-01-29 | 124000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119318 |
| INEOS Finance PLC (A)(B)(C) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;05-15-28 | 212000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185829 |
| INEOS Quattro Finance 2 PLC (A)(B) | &nbsp;&nbsp;9.625 | &nbsp;&nbsp;03-15-29 | 58000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46020 |
| Inversion Escrow Issuer LLC (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;08-01-32 | 626000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620050 |
| Mativ Holdings, Inc. (B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;10-01-29 | 41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41294 |
| Olympus Water US Holding Corp. (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;02-15-33 | 204000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203206 |
| The Chemours Company (A)(B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;11-15-28 | 109000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108097 |
| The Chemours Company (A)(B) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;01-15-33 | 54000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54142 |
| The Scotts Miracle-Gro Company (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;04-01-31 | 700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658929 |
| Tronox, Inc. (A)(B)(C) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;03-15-29 | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92236 |
| WR Grace Holdings LLC (B) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;08-15-29 | 121000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115637 |
| WR Grace Holdings LLC (A)(B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;08-15-32 | 299000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297348 |
| WR Grace Holdings LLC (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;08-01-33 | 246000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246308 |
| **Construction materials 0.6%** | **Construction materials 0.6%** | **Construction materials 0.6%** |  |  |
| Quikrete Holdings, Inc. (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;03-01-33 | 544000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565144 |
| Standard Building Solutions, Inc. (B) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;03-15-34 | 183000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182822 |
| White Cap Supply Holdings LLC (B) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;11-15-30 | 65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67514 |
| **Containers and packaging 4.1%** | **Containers and packaging 4.1%** | **Containers and packaging 4.1%** |  |  |
| Ardagh Group SA (A)(B) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;12-01-30 | 963356 | &nbsp;&nbsp;&nbsp;&nbsp;1040978 |
| Ardagh Group SA (5.500% Cash and 6.500% PIK) (B) | &nbsp;&nbsp;12.000 | &nbsp;&nbsp;12-01-30 | 1180000 | &nbsp;&nbsp;&nbsp;&nbsp;1115100 |
| Ardagh Metal Packaging Finance USA LLC (B) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-29 | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104489 |
| Ardagh Metal Packaging Finance USA LLC (A)(B) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;01-30-31 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205534 |
| Clydesdale Acquisition Holdings, Inc. (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;04-15-32 | 350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352732 |
| Clydesdale Acquisition Holdings, Inc. (A)(B) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;01-15-30 | 780000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790140 |
| Clydesdale Acquisition Holdings, Inc. (B) | &nbsp;&nbsp;8.750 | &nbsp;&nbsp;04-15-30 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250179 |
| Owens-Brockway Glass Container, Inc. (B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;05-15-31 | 1100000 | &nbsp;&nbsp;&nbsp;&nbsp;1119517 |
| Trivium Packaging Finance BV (A)(B) | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;07-15-30 | 180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192073 |
| Trivium Packaging Finance BV (B) | &nbsp;&nbsp;12.250 | &nbsp;&nbsp;01-15-31 | 63000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68935 |
| **Metals and mining 1.2%** | **Metals and mining 1.2%** | **Metals and mining 1.2%** |  |  |
| Champion Iron Canada, Inc. (B) | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;07-15-32 | 169000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180780 |
| Commercial Metals Company (B) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;11-15-33 | 124000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126070 |

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SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT 9

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Materials (continued)** | **Materials (continued)** |  |  |  |
| **Metals and mining (continued)** | **Metals and mining (continued)** | **Metals and mining (continued)** |  |  |
| Kaiser Aluminum Corp. (A)(B) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;03-01-34 | 327000 | &nbsp;&nbsp;&nbsp;$329431 |
| Novelis Corp. (A)(B) | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;01-30-30 | 610000 | &nbsp;&nbsp;&nbsp;&nbsp;591291 |
| Novelis Corp. (A)(B) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;08-15-33 | 342000 | &nbsp;&nbsp;&nbsp;&nbsp;348373 |
| **Paper and forest products 0.6%** | **Paper and forest products 0.6%** | **Paper and forest products 0.6%** |  |  |
| Magnera Corp. (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;11-15-31 | 793000 | &nbsp;&nbsp;&nbsp;&nbsp;749396 |
| **Real estate 2.7%** | **Real estate 2.7%** |  |  | **3507011** |
| **Health care REITs 0.6%** | **Health care REITs 0.6%** | **Health care REITs 0.6%** |  |  |
| Diversified Healthcare Trust | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;02-15-28 | 53000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51155 |
| Diversified Healthcare Trust (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;10-15-30 | 126000 | &nbsp;&nbsp;&nbsp;&nbsp;129774 |
| MPT Operating Partnership LP | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;03-15-31 | 135000 | &nbsp;&nbsp;&nbsp;&nbsp;100033 |
| MPT Operating Partnership LP | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;08-01-29 | 95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81451 |
| MPT Operating Partnership LP (A)(C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-15-27 | 147000 | &nbsp;&nbsp;&nbsp;&nbsp;143729 |
| MPT Operating Partnership LP (A)(B) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;02-15-32 | 228000 | &nbsp;&nbsp;&nbsp;&nbsp;244269 |
| **Hotel and resort REITs 0.8%** | **Hotel and resort REITs 0.8%** | **Hotel and resort REITs 0.8%** |  |  |
| Service Properties Trust | &nbsp;&nbsp;3.950 | &nbsp;&nbsp;01-15-28 | 42000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39745 |
| Service Properties Trust (A)(C) | &nbsp;&nbsp;4.950 | &nbsp;&nbsp;10-01-29 | 82000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72327 |
| Service Properties Trust | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-15-27 | 65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64490 |
| Service Properties Trust (B)(F) | &nbsp;&nbsp;6.080 | &nbsp;&nbsp;09-30-27 | 84000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76042 |
| Service Properties Trust | &nbsp;&nbsp;8.375 | &nbsp;&nbsp;06-15-29 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;101199 |
| Service Properties Trust (B) | &nbsp;&nbsp;8.625 | &nbsp;&nbsp;11-15-31 | 144000 | &nbsp;&nbsp;&nbsp;&nbsp;151240 |
| Service Properties Trust | &nbsp;&nbsp;8.875 | &nbsp;&nbsp;06-15-32 | 72000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71465 |
| XHR LP (A)(B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;05-15-30 | 439000 | &nbsp;&nbsp;&nbsp;&nbsp;453378 |
| **Real estate management and development 0.7%** | **Real estate management and development 0.7%** | **Real estate management and development 0.7%** |  |  |
| Anywhere Real Estate Group LLC (B) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;04-15-30 | 89000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84875 |
| Anywhere Real Estate Group LLC (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;04-15-30 | 297935 | &nbsp;&nbsp;&nbsp;&nbsp;301651 |
| Anywhere Real Estate Group LLC (A)(B) | &nbsp;&nbsp;9.750 | &nbsp;&nbsp;04-15-30 | 428000 | &nbsp;&nbsp;&nbsp;&nbsp;467143 |
| Fideicomiso Irrevocable de Emision, Administracion y Fuente de Pago Numero CIB/4323 (11.000% Cash and 2.000% PIK) (B)(G) | &nbsp;&nbsp;13.000 | &nbsp;&nbsp;09-12-30 | 202000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55045 |
| **Specialized REITs 0.6%** | **Specialized REITs 0.6%** | **Specialized REITs 0.6%** |  |  |
| Millrose Properties, Inc. (A)(B) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;08-01-30 | 220000 | &nbsp;&nbsp;&nbsp;&nbsp;224551 |
| Uniti Group LP (B) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;02-15-29 | 205000 | &nbsp;&nbsp;&nbsp;&nbsp;199380 |
| Uniti Group LP (A)(B)(C) | &nbsp;&nbsp;8.625 | &nbsp;&nbsp;06-15-32 | 63000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63609 |
| Uniti Group LP (B) | &nbsp;&nbsp;8.625 | &nbsp;&nbsp;06-15-32 | 328000 | &nbsp;&nbsp;&nbsp;&nbsp;330460 |
| **Utilities 3.6%** | **Utilities 3.6%** |  |  | **4668611** |
| **Electric utilities 2.2%** | **Electric utilities 2.2%** | **Electric utilities 2.2%** |  |  |
| NextEra Energy Capital Holdings, Inc. (6.375% to 8-15-30, then 5 Year CMT + 2.053%) (A) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;08-15-55 | 2056000 | &nbsp;&nbsp;2123451 |
| VoltaGrid LLC (A)(B) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;11-01-30 | 409000 | &nbsp;&nbsp;&nbsp;&nbsp;414240 |
| XPLR Infrastructure Operating Partners LP (B) | &nbsp;&nbsp;7.750 | &nbsp;&nbsp;04-15-34 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;254837 |
| **Independent power and renewable electricity producers 1.4%** | **Independent power and renewable electricity producers 1.4%** | **Independent power and renewable electricity producers 1.4%** |  |  |
| Alpha Generation LLC (A)(B) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;01-15-34 | 165000 | &nbsp;&nbsp;&nbsp;&nbsp;166071 |
| Alpha Generation LLC (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;10-15-32 | 305000 | &nbsp;&nbsp;&nbsp;&nbsp;316225 |
| ContourGlobal Power Holdings SA (A)(B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;02-28-30 | 617000 | &nbsp;&nbsp;&nbsp;&nbsp;636300 |
| Talen Energy Supply LLC (A)(B) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;02-01-34 | 623000 | &nbsp;&nbsp;&nbsp;&nbsp;631386 |
| TransAlta Corp. | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;02-01-34 | 126000 | &nbsp;&nbsp;&nbsp;&nbsp;126101 |
| **Term loans (H) 11.6% (7.0% of Total investments)** | **Term loans (H) 11.6% (7.0% of Total investments)** | **Term loans (H) 11.6% (7.0% of Total investments)** |  | &nbsp;&nbsp;**$14962112** |
| (Cost $15,944,519) |  |  |  |  |
| **Communication services 3.6%** |  |  |  | **4668140** |
| **Entertainment 1.1%** | **Entertainment 1.1%** | **Entertainment 1.1%** |  |  |
| Playtika Holding Corp., 2021 Term Loan B1 (1 month CME Term SOFR + 2.750%) | &nbsp;&nbsp;6.536 | &nbsp;&nbsp;03-13-28 | 1492167 | &nbsp;&nbsp;1444537 |
| **Interactive media and services 1.7%** | **Interactive media and services 1.7%** | **Interactive media and services 1.7%** |  |  |
| Arches Buyer, Inc., 2021 Term Loan B (1 month CME Term SOFR + 3.250%) | &nbsp;&nbsp;7.022 | &nbsp;&nbsp;12-06-27 | 682169 | &nbsp;&nbsp;&nbsp;&nbsp;678881 |
| X Corp., 2025 Fixed Term Loan | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;10-26-29 | 1404000 | &nbsp;&nbsp;1451385 |

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10 JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Communication services (continued)** |  |  |  |  |
| **Media 0.8%** | **Media 0.8%** | **Media 0.8%** |  |  |
| Cable One, Inc., 2021 Term Loan B4 (1 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;5.786 | &nbsp;&nbsp;05-03-28 | 656408 | &nbsp;&nbsp;&nbsp;$611280 |
| Townsquare Media, Inc., 2025 Term Loan (3 month CME Term SOFR + 5.000%) | &nbsp;&nbsp;8.878 | &nbsp;&nbsp;02-19-30 | 665182 | &nbsp;&nbsp;&nbsp;&nbsp;482057 |
| **Consumer discretionary 2.4%** |  |  |  | **3046569** |
| **Hotels, restaurants and leisure 2.4%** | **Hotels, restaurants and leisure 2.4%** | **Hotels, restaurants and leisure 2.4%** |  |  |
| Dave & Buster's, Inc., 2024 Term Loan B (3 month CME Term SOFR + 3.250%) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;06-29-29 | 1602000 | &nbsp;&nbsp;1486944 |
| J&J Ventures Gaming LLC, 2025 Repriced Term Loan B (1 month CME Term SOFR + 3.500%) | &nbsp;&nbsp;7.172 | &nbsp;&nbsp;04-26-30 | 1579367 | &nbsp;&nbsp;1559625 |
| **Financials 3.6%** |  |  |  | **4672461** |
| **Capital markets 0.4%** | **Capital markets 0.4%** | **Capital markets 0.4%** |  |  |
| Hightower Holding LLC, 2025 1st Lien Term Loan B (3 month CME Term SOFR + 2.750%) | &nbsp;&nbsp;6.651 | &nbsp;&nbsp;02-03-32 | 496253 | &nbsp;&nbsp;&nbsp;&nbsp;494392 |
| **Financial services 1.4%** | **Financial services 1.4%** | **Financial services 1.4%** |  |  |
| Edelman Financial Engines Center LLC, 2024 2nd Lien Term Loan (1 month CME Term SOFR + 5.250%) | &nbsp;&nbsp;8.922 | &nbsp;&nbsp;10-06-28 | 912000 | &nbsp;&nbsp;&nbsp;&nbsp;912383 |
| June Purchaser LLC, Term Loan (3 month CME Term SOFR + 2.750%) | &nbsp;&nbsp;6.422 | &nbsp;&nbsp;11-28-31 | 85071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85117 |
| Kestra Advisor Services Holdings A, Inc., 2024 Repriced Term Loan (1 month CME Term SOFR + 3.000%) | &nbsp;&nbsp;6.672 | &nbsp;&nbsp;03-22-31 | 99000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98592 |
| Summit Acquisition, Inc., 2025 Add-on Term Loan (1 month CME Term SOFR + 3.500%) | &nbsp;&nbsp;7.172 | &nbsp;&nbsp;10-16-31 | 774367 | &nbsp;&nbsp;&nbsp;&nbsp;776063 |
| **Insurance 1.8%** | **Insurance 1.8%** | **Insurance 1.8%** |  |  |
| Amynta Agency Borrower, Inc., 2026 Repriced Term Loan B (3 month CME Term SOFR + 2.500%) | &nbsp;&nbsp;6.169 | &nbsp;&nbsp;12-29-31 | 656051 | &nbsp;&nbsp;&nbsp;&nbsp;651747 |
| CRC Insurance Group LLC, 2nd Lien Term Loan (3 month CME Term SOFR + 4.750%) | &nbsp;&nbsp;8.422 | &nbsp;&nbsp;05-06-32 | 340000 | &nbsp;&nbsp;&nbsp;&nbsp;340850 |
| IMA Financial Group, Inc., Term Loan (1 month CME Term SOFR + 3.000%) | &nbsp;&nbsp;6.672 | &nbsp;&nbsp;11-01-28 | 723685 | &nbsp;&nbsp;&nbsp;&nbsp;721572 |
| OneDigital Borrower LLC, 2025 Repriced Term Loan (1 month CME Term SOFR + 3.000%) | &nbsp;&nbsp;6.672 | &nbsp;&nbsp;07-02-31 | 593722 | &nbsp;&nbsp;&nbsp;&nbsp;591745 |
| **Health care 0.2%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**327846** |
| **Health care technology 0.2%** | **Health care technology 0.2%** | **Health care technology 0.2%** |  |  |
| AthenaHealth Group, Inc., 2022 Term Loan B (1 month CME Term SOFR + 2.750%) | &nbsp;&nbsp;6.422 | &nbsp;&nbsp;02-15-29 | 332488 | &nbsp;&nbsp;&nbsp;&nbsp;327846 |
| **Industrials 1.7%** |  |  |  | **2165204** |
| **Commercial services and supplies 1.1%** | **Commercial services and supplies 1.1%** | **Commercial services and supplies 1.1%** |  |  |
| Anticimex Global AB, 2025 USD Term Loan (3 month CME Term SOFR + 2.900%) | &nbsp;&nbsp;7.310 | &nbsp;&nbsp;11-17-31 | 537867 | &nbsp;&nbsp;&nbsp;&nbsp;538636 |
| Garda World Security Corp., 2026 Repriced Term Loan B (3 month CME Term SOFR + 2.750%) | &nbsp;&nbsp;6.421 | &nbsp;&nbsp;02-01-29 | 831729 | &nbsp;&nbsp;&nbsp;&nbsp;829649 |
| **Passenger airlines 0.6%** | **Passenger airlines 0.6%** | **Passenger airlines 0.6%** |  |  |
| AAdvantage Loyalty IP, Ltd., 2025 Term Loan (3 month CME Term SOFR + 2.250%) | &nbsp;&nbsp;5.918 | &nbsp;&nbsp;04-20-28 | 796919 | &nbsp;&nbsp;&nbsp;&nbsp;796919 |
| **Materials 0.1%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**81892** |
| **Chemicals 0.1%** | **Chemicals 0.1%** | **Chemicals 0.1%** |  |  |
| Trinseo Holding Sarl, 2021 Term Loan B2 (3 month CME Term SOFR + 2.500%) | &nbsp;&nbsp;6.584 | &nbsp;&nbsp;05-03-28 | 862023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81892 |
| **Collateralized mortgage obligations 0.1% (0.0% of Total investments)** | **Collateralized mortgage obligations 0.1% (0.0% of Total investments)** | **Collateralized mortgage obligations 0.1% (0.0% of Total investments)** |  | &nbsp;&nbsp;**$60786** |
| (Cost $103,663) |  |  |  |  |
| **Commercial and residential 0.1%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**56079** |
| HarborView Mortgage Loan Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2007-3, Class ES IO (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-19-37 | &nbsp;&nbsp;&nbsp;&nbsp;1274140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2007-4, Class ES IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-19-37 | &nbsp;&nbsp;&nbsp;&nbsp;1294739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2007-6, Class ES IO (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-19-37 | &nbsp;&nbsp;&nbsp;&nbsp;1415002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16241 |
| **U.S. Government Agency 0.0%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4707** |
| Government National Mortgage Association |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2012-114, Class IO (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-16-53 | &nbsp;&nbsp;&nbsp;&nbsp;317499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4707 |
| **Asset-backed securities 1.0% (0.6% of Total investments)** | **Asset-backed securities 1.0% (0.6% of Total investments)** | **Asset-backed securities 1.0% (0.6% of Total investments)** |  | &nbsp;&nbsp;**$1329242** |
| (Cost $1,246,918) |  |  |  |  |
| **Asset-backed securities 1.0%** |  |  |  | **1329242** |
| ContiMortgage Home Equity Loan Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 1995-2, Class A5 (I) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-15-25 | &nbsp;&nbsp;&nbsp;&nbsp;13801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13416 |
| CyrusOne Data Centers Issuer I LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class B (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-20-48 | &nbsp;&nbsp;&nbsp;&nbsp;720436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715224 |
| MVW LLC |  |  |  |  |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT 11

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---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Asset-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class D (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-21-39 | &nbsp;&nbsp;&nbsp;&nbsp;288770 | &nbsp;&nbsp;&nbsp;&nbsp;$289415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class D (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-20-40 | &nbsp;&nbsp;&nbsp;&nbsp;301815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311187 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common stocks 0.2% (0.1% of Total investments)** |  | &nbsp;&nbsp;**$238217** |
| (Cost $391,803) |  |  |
| **Communication services 0.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**238217** |
| **Media 0.2%** |  |  |
| Altice France Lux 3 (J) | 12657 | &nbsp;&nbsp;&nbsp;&nbsp;238217 |
| **Industrials 0.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0** |
| **Passenger airlines 0.0%** |  |  |
| Global Aviation Holdings, Inc., Class A (J)(K) | 82159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **Preferred securities 1.4% (0.9% of Total investments)** |  | &nbsp;&nbsp;**$1871472** |
| (Cost $1,828,671) |  |  |
| **Financials 1.0%** |  | **1302552** |
| **Insurance 1.0%** | **Insurance 1.0%** |  |
| Athene Holding, Ltd., 7.250% (7.250% to 3-30-29, then 5 Year CMT + 2.986%) (A) | &nbsp;&nbsp;51525 | &nbsp;&nbsp;&nbsp;1302552 |
| **Utilities 0.4%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**568920** |
| **Multi-utilities 0.4%** | **Multi-utilities 0.4%** |  |
| Algonquin Power & Utilities Corp., 7.932% (3 month CME Term SOFR + 4.272% to 7-1-29, then 3 month CME Term SOFR + 4.522% to 7-1-49, then 3 month CME Term SOFR + 5.272%) (A)(C)(L) | &nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568920 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | **Value** |
| **Short-term investments 6.9% (4.2% of Total investments)** | **Short-term investments 6.9% (4.2% of Total investments)** | **Short-term investments 6.9% (4.2% of Total investments)** | &nbsp;&nbsp;**$8922909** |
| (Cost $8,923,137) |  |  |  |
| **Short-term funds 6.9%** |  |  | &nbsp;&nbsp;&nbsp;**8922909** |
| John Hancock Collateral Trust (M) | &nbsp;&nbsp;3.5792(N) | 891952 | &nbsp;&nbsp;&nbsp;&nbsp;8922909 |

---

---

| | |
|:---|:---|
| **Total investments (Cost $215,512,770) 165.9%** | &nbsp;&nbsp;**$214172222** |
| **Other assets and liabilities, net (65.9%)** | &nbsp;&nbsp;**(85100553)** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$129071669** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund unless otherwise indicated. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund unless otherwise indicated. |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | ^All par values are denominated in U.S. dollars unless otherwise indicated. |
| **Currency Abbreviations** | **Currency Abbreviations** |
| EUR | Euro |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| ICE | Intercontinental Exchange |
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
| PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
| SOFR | Secured Overnight Financing Rate |
| (A) | All or a portion of this security is pledged as collateral pursuant to the Liquidity Agreement. Total collateral value at 1-31-26 was $119,589,469. |
| (B) | This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $105,434,484 or 81.7% of the fund's net assets as of 1-31-26. |
| (C) | All or a portion of this security is on loan as of 1-31-26, and is a component of the fund's leverage under the Liquidity Agreement. The value of securities on loan amounted to $7,821,135. |
| (D) | Non-callable perpetual bond. |
| (E) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
| (F) | Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end. |
| (G) | Non-income producing - Issuer is in default. |
| (H) | Term loans are variable rate obligations. The rate shown represents the rate at period end. |
| (I) | The security has matured but proceeds have not been received. |
| (J) | Non-income producing security. |
| (K) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |

---

12 JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

(L) Variable rate obligation. The coupon rate shown represents the rate at period end.

(M) Investment is an affiliate of the fund, the advisor and/or subadvisor.

(N) The rate shown is the annualized seven-day yield as of 1-31-26.

The fund had the following country composition as a percentage of total investments on 1-31-26:

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;&nbsp;&nbsp;79.1% |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;8.1% |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;3.3% |
| Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;3.3% |
| Japan | &nbsp;&nbsp;&nbsp;&nbsp;1.6% |
| Israel | &nbsp;&nbsp;&nbsp;&nbsp;1.1% |
| Other countries | &nbsp;&nbsp;&nbsp;&nbsp;3.5% |
| **TOTAL** | **100.0%** |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT 13

------

#### DERIVATIVES

#### FORWARD FOREIGN CURRENCY CONTRACTS

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | **Contract to sell** | **Contract to sell** | **Counterparty (OTC)** | **Contractual<br> settlement<br> date** | **Unrealized<br> appreciation** | **Unrealized<br> depreciation** |
| USD | 46690 | EUR | 40000 | JPM | 3/18/2026 |  | &nbsp;&nbsp;$(820) |
|  |  |  |  |  |  | **—** | **$(820)** |

---

#### SWAPS

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** |
| **Counterparty (OTC)/<br> Centrally cleared** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Payments<br> made** | &nbsp;&nbsp;**Payments<br> received** | &nbsp;&nbsp;**Fixed<br> payment<br> frequency** | &nbsp;&nbsp;**Floating<br> payment<br> frequency** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Unamortized<br> upfront<br> payment<br> paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** | &nbsp;&nbsp;**Value** |
| Centrally cleared | &nbsp;&nbsp;43000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 3.662% | &nbsp;&nbsp;&nbsp;&nbsp;USD SOFR Compounded OIS<sup>(a)</sup> | &nbsp;&nbsp;Semi-Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;May 2026 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$17040 | &nbsp;&nbsp;&nbsp;$17040 |
| Centrally cleared | &nbsp;&nbsp;22000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 3.473% | &nbsp;&nbsp;&nbsp;&nbsp;USD SOFR Compounded OIS<sup>(a)</sup> | &nbsp;&nbsp;Semi-Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;May 2026 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;32063 | &nbsp;&nbsp;&nbsp;&nbsp;32063 |
| Centrally cleared | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 3.817% | &nbsp;&nbsp;&nbsp;&nbsp;USD SOFR Compounded OIS<sup>(a)</sup> | &nbsp;&nbsp;Semi-Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Dec 2026 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(37704) | &nbsp;&nbsp;&nbsp;(37704) |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**$11399** | &nbsp;&nbsp;**$11399** |

---

<sup>(a)</sup> At 1-31-26, the overnight SOFR was 3.680%.

---

| | |
|:---|:---|
| **Derivatives Currency Abbreviations** | **Derivatives Currency Abbreviations** |
| EUR | Euro |
| USD | U.S. Dollar |

---

---

| | |
|:---|:---|
| **Derivatives Abbreviations** | **Derivatives Abbreviations** |
| JPM | JPMorgan Chase Bank, N.A. |
| OIS | Overnight Index Swap |
| OTC | Over-the-counter |
| SOFR | Secured Overnight Financing Rate |

---

14 JOHN HANCOCK INVESTORS TRUST \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

Notes to Fund's investments (unaudited)

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund's valuation designee.**

In order to value the securities, the fund uses the following valuation techniques: Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Swaps are generally valued using evaluated prices obtained from an independent pricing vendor. Forward foreign currency contracts are valued at the prevailing forward rates which are based on foreign currency exchange spot rates and forward points supplied by an independent pricing vendor. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee, following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.

The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the fund's investments as of January 31, 2026, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 1-31-26** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | **$13699583** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $13699583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**173087901** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173087901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14962112** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14962112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**60786** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1329242** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1329242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**238217** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1871472** | $1871472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8922909** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8922909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$214172222** | **$10794381** | **$203377841** | **—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swap contracts | **$49103** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $49103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(820)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(820) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(37704)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37704) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| *Level 3 includes securities valued at $0. Refer to Fund's investments.* | *Level 3 includes securities valued at $0. Refer to Fund's investments.* | *Level 3 includes securities valued at $0. Refer to Fund's investments.* | *Level 3 includes securities valued at $0. Refer to Fund's investments.* | *Level 3 includes securities valued at $0. Refer to Fund's investments.* |

---

**Investment in affiliated underlying funds. The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund's fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:**

---

| | |
|:---|:---|
| \| | 15 |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| John Hancock Collateral Trust | 891952 | $11563469 | $13813159 | $(16453717) | $181 | $(183) | $96753 |  | $8922909 |

---

For additional information on the fund's significant accounting policies and risks, please refer to the fund's most recent semiannual or annual shareholder report and prospectus.

---

| | |
|:---|:---|
| 16 | \| |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** John Hancock Investors Trust

- **b. Investment Company Act file number:** 811-04173

- **c. CIK number of Registrant:** 0000759828

- **d. LEI of Registrant:** 5493007QBXBOZDX6R464

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

  - **Street Address 1:** 200 Berkeley Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02116

  - **Telephone number:** 617-543-9634

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

- **a. Name of Series:** John Hancock Investors Trust

- **c. LEI of Series:** 5493007QBXBOZDX6R464

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $219000233.84

**Total Liabilities:** $89919385.91

**Net Assets:** $129080847.93

**Stand-by Commitments:** $14293.42

**Cash Not Reported:** $145629.32

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -119.183046000000 | **1-Year:** -4595.990192000000 | **5-Year:** -8341.713292000000 | **10-Year:** -8150.497740000000 | **30-Year:** -3932.811285000000

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

- **3-Month:** -437.535639000000 | **1-Year:** -12435.011828000000 | **5-Year:** -28331.643258000000 | **10-Year:** -6909.325466000000 | **30-Year:** -524.712635000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.60%                | 0.24%                | 0.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $155027.69               | $-488144.45                                |
| Month 2  | $238738.68               | $-216825.11                                |
| Month 3  | $-681560.62              | $939702.67                                 |

**Designated Index Information**

- **Index Name:** Fund's Designated Reference Portfolio is the Fund's Securities Portfolio

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Celanese US Holdings LLC                                       | CELANESE US HOLDINGS LLC COMPANY GUAR 02/34 7.375              | CUSIP: 15089QBD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    164000 | PA      | $166883.45    | 0.13%             | 2034-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                      | CLOUD SOFTWARE GROUP INC SECURED 144A 09/29 9                  | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    914000 | PA      | $922930.96    | 0.72%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                      | CLOUD SOFTWARE GROUP INC SR SECURED 144A 08/33 6.625           | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    231000 | PA      | $221433.48    | 0.17%             | 2033-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                           | CLYDESDALE ACQUISITION HOLDING COMPANY GUAR 144A 04/30 8.75    | CUSIP: 18972EAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250179.07    | 0.19%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                           | CLYDESDALE ACQUISITION HOLDING SR SECURED 144A 01/30 6.875     | CUSIP: 18972EAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    780000 | PA      | $790140.00    | 0.61%             | 2030-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Stagwell Global LLC                                            | STAGWELL GLOBAL LLC COMPANY GUAR 144A 08/29 5.625              | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    771000 | PA      | $747610.56    | 0.58%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Millrose Properties Inc.                                       | MILLROSE PROPERTIES INC COMPANY GUAR 144A 08/30 6.375          | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $224550.70    | 0.17%             | 2030-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| athenahealth Group Inc.                                        | ATHENAHEALTH GROUP INC SR UNSECURED 144A 02/30 6.5             | CUSIP: 60337JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    246000 | PA      | $238581.62    | 0.18%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDC SR SECURED 144A 04/32 6.75      | MITER BRANDS ACQUISITION HOLDC SR SECURED 144A 04/32 6.75      | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    258000 | PA      | $264982.25    | 0.21%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corporation                           | OLYMPUS WATER US HOLDING CORP SR SECURED 144A 02/33 7.25       | CUSIP: 681639AE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    204000 | PA      | $203206.12    | 0.16%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corporation                                    | ONEMAIN FINANCE CORP COMPANY GUAR 03/30 7.875                  | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1054862.00   | 0.82%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corporation                                    | ONEMAIN FINANCE CORP COMPANY GUAR 03/32 6.75                   | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    218000 | PA      | $222805.81    | 0.17%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corporation                                    | ONEMAIN FINANCE CORP COMPANY GUAR 05/30 6.125                  | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    912000 | PA      | $929688.24    | 0.72%             | 2030-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Townsquare Media Inc.                                          | TOWNSQUARE MEDIA INC 2025 TERM LOAN                            | CUSIP: 89223EAG8<br>LEI: 549300XBA8C68H0DR538 | Long             | LON              | CORP              | US        |    665182 | PA      | $482057.15    | 0.37%             | 2030-02-19      | Floating      | 8.88%                 | No            |                  2 | On Loan: No      |
| TransAlta Corporation                                          | TRANSALTA CORP SR UNSECURED 02/34 5.875                        | CUSIP: 89346DAL1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    126000 | PA      | $126100.80    | 0.10%             | 2034-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc.                                                 | TRANSDIGM INC COMPANY GUAR 05/29 4.875                         | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    430000 | PA      | $429212.93    | 0.33%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc.                                                 | TRANSDIGM INC SR SUBORDINA 144A 01/34 6.75                     | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    583000 | PA      | $603414.33    | 0.47%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JH COLLATERAL                                                  | JH COLLATERAL                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |    891947 | NS      | $8922857.80   | 6.91%             |  |  |  | No            |                  1 | On Loan: No      |
| LUXCO3 SHARES COMMON STOCK                                     | LUXCO3 SHARES COMMON STOCK                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |     12657 | NS      | $238217.15    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Walker and Dunlop Inc.                                         | WALKER and DUNLOP INC COMPANY GUAR 144A 04/33 6.625            | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    177000 | PA      | $181439.69    | 0.14%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Panther Escrow Issuer LLC                                      | PANTHER ESCROW ISSUER LLC SR SECURED 144A 06/31 7.125          | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    755000 | PA      | $777594.13    | 0.60%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc.                               | PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 02/33 6.875   | CUSIP: 70932MAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    382000 | PA      | $389644.02    | 0.30%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc.                               | PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 05/32 6.875   | CUSIP: 70932MAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $362795.45    | 0.28%             | 2032-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc.                                            | CENOVUS ENERGY INC SR UNSECURED 11/39 6.75                     | CUSIP: 15135UAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    115000 | PA      | $126148.63    | 0.10%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc.                               | PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 02/34 6.75    | CUSIP: 70932MAH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $428882.38    | 0.33%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Perrigo Finance Unlimited Company                              | PERRIGO FINANCE UNLIMITED CO COMPANY GUAR 06/30 5.15           | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     86000 | PA      | $83416.76     | 0.06%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Champion Iron Canada Inc.                                      | CHAMPION IRON CANADA INC COMPANY GUAR 144A 07/32 7.875         | CUSIP: 15853BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    169000 | PA      | $180780.48    | 0.14%             | 2032-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| The Chemours Company                                           | CHEMOURS CO/THE COMPANY GUAR 144A 11/28 5.75                   | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    109000 | PA      | $108096.90    | 0.08%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| The Chemours Company                                           | CHEMOURS CO/THE COMPANY GUAR 144A 01/33 8                      | CUSIP: 163851AJ7<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     54000 | PA      | $54142.23     | 0.04%             | 2033-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Choice Hotels International Inc.                               | CHOICE HOTELS INTERNATIONAL IN SR UNSECURED 08/34 5.85         | CUSIP: 169905AH9<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |   1581000 | PA      | $1619788.08   | 1.25%             | 2034-08-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Cimpress Public Limited Company                                | CIMPRESS PLC COMPANY GUAR 144A 09/32 7.375                     | CUSIP: 17186HAH5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    187000 | PA      | $192016.72    | 0.15%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| FIDEICOMISO IRREVOCABLE DE ADM SR SECURED 144A 09/31 11        | FIDEICOMISO IRREVOCABLE DE ADM SR SECURED 144A 09/31 11        | CUSIP: 171928AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    202000 | PA      | $55045.00     | 0.04%             | 2030-09-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Perrigo Finance Unlimited Company                              | PERRIGO FINANCE UNLIMITED CO COMPANY GUAR 09/32 6.125          | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     81000 | PA      | $79665.68     | 0.06%             | 2032-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Petco Health and Wellness Company Inc.                         | PETCO HEALTH and WELLNESS CO INC SR SECURED 144A 02/31 8.25    | CUSIP: 71601VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    164000 | PA      | $164429.50    | 0.13%             | 2031-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| PETSMART LLC / PETSMART FINANC SR SECURED 144A 09/32 7.5       | PETSMART LLC / PETSMART FINANC SR SECURED 144A 09/32 7.5       | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    522000 | PA      | $535290.64    | 0.41%             | 2032-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PETSMART LLC / PETSMART FINANC COMPANY GUAR 144A 09/33 10      | PETSMART LLC / PETSMART FINANC COMPANY GUAR 144A 09/33 10      | CUSIP: 71677KAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $338181.35    | 0.26%             | 2033-09-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Cinemark USA Inc.                                              | CINEMARK USA INC COMPANY GUAR 144A 08/32 7                     | CUSIP: 172441BH9<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    126000 | PA      | $130375.48    | 0.10%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Cipher Compute LLC                                             | CIPHER COMPUTE LLC SR SECURED 144A 11/30 7.125                 | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    149000 | PA      | $153531.24    | 0.12%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SM Energy Company                                              | SM ENERGY CO COMPANY GUAR 144A 07/31 8.75                      | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    690000 | PA      | $724747.02    | 0.56%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SM Energy Company                                              | SM ENERGY CO COMPANY GUAR 144A 06/33 9.625                     | CUSIP: 17888HAD5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    424000 | PA      | $463723.29    | 0.36%             | 2033-06-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| PHH ESCROW ISSUER LLC/PHH CORP SR UNSECURED 144A 11/29 9.875   | PHH ESCROW ISSUER LLC/PHH CORP SR UNSECURED 144A 11/29 9.875   | CUSIP: 716964AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     66000 | PA      | $67535.82     | 0.05%             | 2029-11-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp.                                         | PLAYTIKA HOLDING CORP. 2021 TERM LOAN                          | CUSIP: 72814CAF5<br>LEI: N/A                  | Long             | LON              | CORP              | IL        |   1492167 | PA      | $1444537.13   | 1.12%             | 2028-03-13      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp.                                         | PLAYTIKA HOLDING CORP COMPANY GUAR 144A 03/29 4.25             | CUSIP: 72815LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | IL        |    939000 | PA      | $815544.98    | 0.63%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Popular Inc.                                                   | POPULAR INC SR UNSECURED 03/28 7.25                            | CUSIP: 733174AL0<br>LEI: N/A                  | Long             | DBT              | CORP              | PR        |    770000 | PA      | $806355.55    | 0.62%             | 2028-03-13      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP / CLARIOS US COMPANY GUAR 144A 09/32 6.75    | CLARIOS GLOBAL LP / CLARIOS US COMPANY GUAR 144A 09/32 6.75    | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    166000 | PA      | $171814.98    | 0.13%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc.                            | CLEAR CHANNEL OUTDOOR HOLDINGS COMPANY GUAR 144A 04/28 7.75    | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $105032.87    | 0.08%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc.                                      | PRUDENTIAL FINANCIAL INC JR SUBORDINA 10/50 VAR                | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1959939.87   | 1.52%             | 2050-10-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| QVC Inc.                                                       | QVC INC SR SECURED 03/43 5.95                                  | CUSIP: 747262AM5<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $380000.00    | 0.29%             | 2043-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| QVC Inc.                                                       | QVC INC SR SECURED 144A 04/29 6.875                            | CUSIP: 747262BA0<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    528000 | PA      | $219120.00    | 0.17%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Rakuten Group Inc.                                             | RAKUTEN GROUP INC SUBORDINATED 144A 12/99 VAR                  | CUSIP: 75102WAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    226000 | PA      | $218506.09    | 0.17%             | 2031-04-22      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc.                            | CLEAR CHANNEL OUTDOOR HOLDINGS COMPANY GUAR 144A 06/29 7.5     | CUSIP: 18453HAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $108847.24    | 0.08%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc.                            | CLEAR CHANNEL OUTDOOR HOLDINGS SR SECURED 144A 02/31 7.125     | CUSIP: 18453HAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    209000 | PA      | $217945.83    | 0.17%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                                  | CLEARWAY ENERGY OPERATING LLC COMPANY GUAR 144A 01/34 5.75     | CUSIP: 18539UAG0<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    206000 | PA      | $206750.98    | 0.16%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                           | CLYDESDALE ACQUISITION HOLDING SR SECURED 144A 04/32 6.75      | CUSIP: 18972EAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $352731.54    | 0.27%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Rakuten Group Inc.                                             | RAKUTEN GROUP INC SUBORDINATED 144A 12/99 VAR                  | CUSIP: 75102WAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    200000 | PA      | $206997.43    | 0.16%             | 2029-12-15      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Raven Acquisition Holdings LLC                                 | RAVEN ACQUISITION HOLDINGS LLC SR SECURED 144A 11/31 6.875     | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    359000 | PA      | $359762.89    | 0.28%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Cobra AcquisitionCo LLC                                        | COBRA ACQUISITIONCO LLC COMPANY GUAR 144A 11/29 6.375          | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     41000 | PA      | $35823.74     | 0.03%             | 2029-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Cobra AcquisitionCo LLC                                        | COBRA ACQUISITIONCO LLC SR UNSECURED 144A 11/29 12.25          | CUSIP: 19106CAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $25250.00     | 0.02%             | 2029-11-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC COMPANY GUAR 144A 04/30 5.25    | ANYWHERE REAL ESTATE GROUP LLC COMPANY GUAR 144A 04/30 5.25    | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     89000 | PA      | $84875.39     | 0.07%             | 2030-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC SECURED 144A 04/30 7            | ANYWHERE REAL ESTATE GROUP LLC SECURED 144A 04/30 7            | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    297935 | PA      | $301651.14    | 0.23%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC SECURED 144A 04/30 9.75         | ANYWHERE REAL ESTATE GROUP LLC SECURED 144A 04/30 9.75         | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    428000 | PA      | $467142.74    | 0.36%             | 2030-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD LAS VEGAS LLC / COMPANY GUAR 144A 07/30 8.45     | RESORTS WORLD LAS VEGAS LLC / COMPANY GUAR 144A 07/30 8.45     | CUSIP: 76120HAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $609676.20    | 0.47%             | 2030-07-27      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| Rocket Companies Inc.                                          | ROCKET COS INC COMPANY GUAR 144A 08/33 6.375                   | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    468000 | PA      | $485531.75    | 0.38%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Rocket Software Inc.                                           | ROCKET SOFTWARE INC SR UNSECURED 144A 02/29 6.5                | CUSIP: 77314EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $53464.54     | 0.04%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE SR UNSECURED 144A 10/32 7.375    | ALLIANT HOLDINGS INTERMEDIATE SR UNSECURED 144A 10/32 7.375    | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    281000 | PA      | $290895.98    | 0.23%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                     | ROGERS COMMUNICATIONS INC SUBORDINATED 04/55 VAR               | CUSIP: 775109DG3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1081000 | PA      | $1121291.03   | 0.87%             | 2055-04-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| SBL Holdings LLC                                               | SBL HOLDINGS INC SR UNSECURED 144A 02/31 5                     | CUSIP: 78397DAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    587000 | PA      | $545903.27    | 0.42%             | 2031-02-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus McKinnon Corporation                                  | COLUMBUS MCKINNON CORP/NY SR SECURED 144A 02/33 7.125          | CUSIP: 199333AK1<br>LEI: 549300W3HQB0HO1F3G69 | Long             | DBT              | CORP              | US        |    164000 | PA      | $164852.80    | 0.13%             | 2033-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Connect Holding II LLC                                         | CONNECT HOLDING II LLC SR SECURED 144A 04/31 10.5              | CUSIP: 20753PAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    104000 | PA      | $102074.70    | 0.08%             | 2031-04-03      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| SESI L.L.C.                                                    | SESI LLC SR SECURED 144A 09/30 7.875                           | CUSIP: 78412FAX2<br>LEI: XDZ56K6RXS5J1ESBZS35 | Long             | DBT              | CORP              | US        |    206000 | PA      | $207714.95    | 0.16%             | 2030-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SM Energy Company                                              | SM ENERGY CO SR UNSECURED 144A 08/32 7                         | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    656000 | PA      | $657680.91    | 0.51%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sable International Finance Limited                            | SABLE INTERNATIONAL FINANCE LT SR SECURED 144A 10/32 7.125     | CUSIP: 785712AK6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    393000 | PA      | $397321.04    | 0.31%             | 2032-10-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                                | SABRE GLBL INC SR SECURED 144A 11/29 10.75                     | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    171000 | PA      | $139566.78    | 0.11%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                                | SABRE GLBL INC SR SECURED 144A 07/30 11.125                    | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    612000 | PA      | $494955.00    | 0.38%             | 2030-07-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                                | SABRE GLBL INC SR SECURED 144A 03/30 10.75                     | CUSIP: 78573NAN2<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    290640 | PA      | $233238.60    | 0.18%             | 2030-03-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                    | ALLIED UNIVERSAL HOLDCO LLC SR SECURED 144A 02/31 7.875        | CUSIP: 019576AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    678000 | PA      | $713542.79    | 0.55%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC / Allied Universal Finance Corp    | ALLIED UNIVERSAL HOLDCO LLC / SR SECURED 144A 06/30 6.875      | CUSIP: 019576AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    940000 | PA      | $976195.34    | 0.76%             | 2030-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ContiMortgage Home Equity Loan Trust 1995-2                    | CONTIMORTGAGE HOME EQUITY LOAN CONHE 1995 2 A5                 | CUSIP: 21075WBF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13801 | PA      | $13415.93     | 0.01%             | 2025-08-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| MVW 2023-1 LLC MVWOT 2023 1A D 144A                            | MVW 2023-1 LLC MVWOT 2023 1A D 144A                            | CUSIP: 62848PAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    301815 | PA      | $311187.08    | 0.24%             | 2040-10-20      | Fixed         | 8.83%                 | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                                           | ALPHA GENERATION LLC SR UNSECURED 144A 10/32 6.75              | CUSIP: 02073LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    305000 | PA      | $316224.61    | 0.24%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ardagh Group S.A.                                              | ARDAGH GROUP SA SR SECURED 144A 12/30 9.5                      | CUSIP: 039959AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    963356 | PA      | $1040978.41   | 0.81%             | 2030-12-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| NCR Voyix Corporation                                          | NCR VOYIX CORP COMPANY GUAR 144A 04/29 5.125                   | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     44000 | PA      | $43362.79     | 0.03%             | 2029-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NMI Holdings Inc.                                              | NMI HOLDINGS INC SR UNSECURED 08/29 6                          | CUSIP: 629209AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    649000 | PA      | $669664.16    | 0.52%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                     | ARES STRATEGIC INCOME FUND SR UNSECURED 02/30 5.6              | CUSIP: 04020EAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1999994.26   | 1.55%             | 2030-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Ashland Inc.                                                   | ASHLAND INC SR UNSECURED 05/43 6.875                           | CUSIP: 044209AM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    845000 | PA      | $893131.20    | 0.69%             | 2043-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ASURION LLC AND ASURION CO-ISS SR SECURED 144A 12/32 8         | ASURION LLC AND ASURION CO-ISS SR SECURED 144A 12/32 8         | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    674000 | PA      | $704198.23    | 0.55%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc.                                         | LEVEL 3 FINANCING INC COMPANY GUAR 144A 07/29 3.75             | CUSIP: 527298BT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     69000 | PA      | $63652.50     | 0.05%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NGL ENERGY OPERATING LLC / NGL SR SECURED 144A 02/32 8.375     | NGL ENERGY OPERATING LLC / NGL SR SECURED 144A 02/32 8.375     | CUSIP: 62922LAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    187000 | PA      | $195725.05    | 0.15%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Nabors Industries Inc.                                         | NABORS INDUSTRIES INC COMPANY GUAR 144A 11/32 7.625            | CUSIP: 62957HAR6<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     67000 | PA      | $68253.17     | 0.05%             | 2032-11-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc.                                         | LEVEL 3 FINANCING INC SR SECURED 144A 06/33 6.875              | CUSIP: 527298CM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1273000 | PA      | $1311815.04   | 1.02%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc.                                         | LEVEL 3 FINANCING INC SR SECURED 144A 03/34 7                  | CUSIP: 527298CN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    829000 | PA      | $858682.35    | 0.67%             | 2034-03-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc.                                         | LEVEL 3 FINANCING INC COMPANY GUAR 144A 01/36 8.5              | CUSIP: 527298CQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    182000 | PA      | $186319.54    | 0.14%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Mativ Holdings Inc.                                            | MATIV HOLDINGS INC COMPANY GUAR 144A 10/29 8                   | CUSIP: 808541AC0<br>LEI: 549300Z1FU4IDULG1R21 | Long             | DBT              | CORP              | US        |     41000 | PA      | $41293.52     | 0.03%             | 2029-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| The Scotts Miracle-Gro Company                                 | SCOTTS MIRACLE-GRO CO/THE COMPANY GUAR 04/31 4                 | CUSIP: 810186AX4<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |    700000 | PA      | $658929.32    | 0.51%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| National Mentor Holdings Inc.                                  | NATIONAL MENTOR HOLDINGS INC SR SECURED 144A 12/30 10.5        | CUSIP: 63688RAF4<br>LEI: 5493004QULJVJP3CNZ62 | Long             | DBT              | CORP              | US        |    183000 | PA      | $189091.01    | 0.15%             | 2030-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Neptune Bidco US Inc.                                          | NEPTUNE BIDCO US INC SR SECURED 144A 05/31 10.375              | CUSIP: 640695AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    489000 | PA      | $517016.57    | 0.40%             | 2031-05-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Scripps Escrow II Inc.                                         | SCRIPPS ESCROW II INC SR UNSECURED 144A 01/31 5.375            | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    137000 | PA      | $101621.85    | 0.08%             | 2031-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                                   | DIVERSIFIED HEALTHCARE TRUST SR UNSECURED 02/28 4.75           | CUSIP: 81721MAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     53000 | PA      | $51154.65     | 0.04%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Neptune Bidco US Inc.                                          | NEPTUNE BIDCO US INC SR SECURED 144A 02/33 9.5                 | CUSIP: 640695AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $117100.61    | 0.09%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                             | NEWELL BRANDS INC SR UNSECURED 09/27 6.375                     | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1242000 | PA      | $1252481.24   | 0.97%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                             | NEWELL BRANDS INC SR UNSECURED 144A 06/28 8.5                  | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    766000 | PA      | $803108.87    | 0.62%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc.                           | NEXTERA ENERGY CAPITAL HOLDING COMPANY GUAR 08/55 VAR          | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2056000 | PA      | $2123451.19   | 1.65%             | 2055-08-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Co. Ltd.                                          | NISSAN MOTOR CO LTD SR UNSECURED 144A 07/30 7.5                | CUSIP: 654922AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    518000 | PA      | $543886.26    | 0.42%             | 2030-07-17      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc.                                                 | NORDSTROM INC SR SECURED 01/44 5                               | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    900000 | PA      | $668406.60    | 0.52%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc.                                                 | NORDSTROM INC SR SECURED 08/31 4.25                            | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    500000 | PA      | $462427.05    | 0.36%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Northern Oil and Gas Inc.                                      | NORTHERN OIL and GAS INC SR UNSECURED 144A 10/33 7.875         | CUSIP: 665531AL3<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    126000 | PA      | $127211.99    | 0.10%             | 2033-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Brundage-Bone Concrete Pumping Holdings Inc.                   | BRUNDAGE-BONE CONCRETE PUMPING SR SECURED 144A 02/32 7.5       | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    644000 | PA      | $648263.28    | 0.50%             | 2032-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Novelis Corporation                                            | NOVELIS CORP COMPANY GUAR 144A 01/30 4.75                      | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    610000 | PA      | $591291.36    | 0.46%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Novelis Corporation                                            | NOVELIS CORP COMPANY GUAR 144A 08/33 6.375                     | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    342000 | PA      | $348373.17    | 0.27%             | 2033-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                               | OCCIDENTAL PETROLEUM CORP SR UNSECURED 09/30 6.625             | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    340000 | PA      | $365577.86    | 0.28%             | 2030-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                       | SERVICE PROPERTIES TRUST COMPANY GUAR 06/29 8.375              | CUSIP: 81761LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101198.50    | 0.08%             | 2029-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Snap Inc.                                                      | SNAP INC COMPANY GUAR 144A 03/33 6.875                         | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    600000 | PA      | $615693.00    | 0.48%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corporation                                    | ONEMAIN FINANCE CORP COMPANY GUAR 03/33 6.5                    | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    725000 | PA      | $728714.90    | 0.56%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OneDigital Borrower LLC                                        | ONEDIGITAL BORROWER LLC 2025 REPRICED TERM LOAN                | CUSIP: 68277FAN9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    593722 | PA      | $591744.64    | 0.46%             | 2031-07-02      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Sotheby's                                                      | SOTHEBY'S SR SECURED 144A 10/27 7.375                          | CUSIP: 835898AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $747090.83    | 0.58%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Block Inc.                                                     | BLOCK INC SR UNSECURED 06/31 3.5                               | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    600000 | PA      | $561102.60    | 0.43%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OneSky Flight LLC                                              | ONESKY FLIGHT LLC SR UNSECURED 144A 12/29 8.875                | CUSIP: 68278CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    177000 | PA      | $189254.42    | 0.15%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| 1261229 B.C. Ltd.                                              | 1261229 BC LTD SR SECURED 144A 04/32 10                        | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1541000 | PA      | $1581462.02   | 1.23%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| FIBERCOP S.p.A.                                                | FIBERCOP SPA SR SECURED 144A 11/33 6.375                       | CUSIP: 683879AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |     70000 | PA      | $70893.20     | 0.05%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIBERCOP S.p.A.                                                | FIBERCOP SPA SR SECURED 144A 07/36 7.2                         | CUSIP: 683879AF7<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |     70000 | PA      | $70827.40     | 0.05%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| ORGANON and CO / ORGANON FOREIGN SR UNSECURED 144A 04/31 5.125 | ORGANON and CO / ORGANON FOREIGN SR UNSECURED 144A 04/31 5.125 | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    228000 | PA      | $207058.88    | 0.16%             | 2031-04-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Accendra Health Inc                                            | ACCENDRA HEALTH INC COMPANY GUAR 144A 03/29 4.5                | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |     51000 | PA      | $33554.69     | 0.03%             | 2029-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Accendra Health Inc                                            | ACCENDRA HEALTH INC COMPANY GUAR 144A 04/30 6.625              | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |     58000 | PA      | $32623.93     | 0.03%             | 2030-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Owens-Brockway Glass Container Inc.                            | OWENS-BROCKWAY GLASS CONTAINER COMPANY GUAR 144A 05/31 7.25    | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1119517.30   | 0.87%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions Inc.                               | STANDARD BUILDING SOLUTIONS IN COMPANY GUAR 144A 03/34 5.875   | CUSIP: 853192AA0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    183000 | PA      | $182822.29    | 0.14%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Stanley Black and Decker Inc.                                  | STANLEY BLACK and DECKER INC JR SUBORDINA 03/60 VAR            | CUSIP: 854502AM3<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   2102000 | PA      | $2081188.94   | 1.61%             | 2060-03-15      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| Pagaya US Holding Company LLC                                  | PAGAYA US HOLDINGS CO LLC COMPANY GUAR 144A 08/30 8.875        | CUSIP: 69549FAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $178459.80    | 0.14%             | 2030-08-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Park River Holdings Inc                                        | PARK RIVER HOLDINGS INC SECURED 144A 12/30 8.75                | CUSIP: 70082LAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     53000 | PA      | $52642.26     | 0.04%             | 2030-12-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                            | PETROLEOS MEXICANOS COMPANY GUAR 02/32 6.7                     | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    632000 | PA      | $630979.57    | 0.49%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Synergy Infrastructure Holdings LLC                            | SYNERGY INFRASTRUCTURE HOLDING SECURED 144A 12/30 7.875        | CUSIP: 87191JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     83000 | PA      | $86580.37     | 0.07%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Staples Inc.                                                   | STAPLES INC SECURED 144A 01/30 12.75                           | CUSIP: 855030AS1<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |     84000 | PA      | $68780.24     | 0.05%             | 2030-01-15      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| Starwood Property Trust Inc.                                   | STARWOOD PROPERTY TRUST INC SR UNSECURED 144A 01/31 5.75       | CUSIP: 85571BBG9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    248000 | PA      | $251116.86    | 0.19%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Stonebriar ABF Issuer LLC                                      | STONEBRIAR ABF ISSUER LLC SR UNSECURED 144A 12/30 8.125        | CUSIP: 86177CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    386000 | PA      | $400992.24    | 0.31%             | 2030-12-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Summit Acquisition Inc.                                        | SUMMIT ACQUISITION INC 2025 ADD ON TERM LOAN                   | CUSIP: 86600DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    774367 | PA      | $776062.59    | 0.60%             | 2031-10-16      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                        | TALEN ENERGY SUPPLY LLC COMPANY GUAR 144A 02/34 6.25           | CUSIP: 87422VAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    623000 | PA      | $631385.58    | 0.49%             | 2034-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Taylor Morrison Communities Inc.                               | TAYLOR MORRISON COMMUNITIES IN COMPANY GUAR 144A 11/32 5.75    | CUSIP: 87724RAK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $92377.80     | 0.07%             | 2032-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                   | TENET HEALTHCARE CORP COMPANY GUAR 10/28 6.125                 | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    420000 | PA      | $420430.50    | 0.33%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                      | TORONTO-DOMINION BANK/THE JR SUBORDINA 07/84 VAR               | CUSIP: 89116CKP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1054000 | PA      | $1103436.07   | 0.85%             | 2084-07-31      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                      | SUNOCO LP COMPANY GUAR 144A 03/31 5.625                        | CUSIP: 86765KAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    279000 | PA      | $280709.99    | 0.22%             | 2031-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                      | SUNOCO LP COMPANY GUAR 144A 03/34 5.875                        | CUSIP: 86765KAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    488000 | PA      | $489299.54    | 0.38%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Sunoco LP and Sunoco Finance Corp.                             | SUNOCO LP / SUNOCO FINANCE COR COMPANY GUAR 04/27 6            | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    436000 | PA      | $436449.95    | 0.34%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sunoco LP and Sunoco Finance Corp.                             | SUNOCO LP / SUNOCO FINANCE COR COMPANY GUAR 04/30 4.5          | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    374000 | PA      | $365181.53    | 0.28%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings Inc.                                   | SURGERY CENTER HOLDINGS INC COMPANY GUAR 144A 04/32 7.25       | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125851.60    | 0.10%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                      | TORONTO-DOMINION BANK/THE JR SUBORDINA 10/82 VAR               | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   2100000 | PA      | $2200167.90   | 1.70%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| TransMontaigne Partners LLC                                    | TRANSMONTAIGNE PARTNERS LLC COMPANY GUAR 144A 06/30 8.5        | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $52908.34     | 0.04%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Transocean International Limited                               | TRANSOCEAN INTERNATIONAL LTD SR SECURED 144A 10/32 7.875       | CUSIP: 893814AA1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     82000 | PA      | $86496.55     | 0.07%             | 2032-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Transocean International Limited                               | TRANSOCEAN INTERNATIONAL LTD COMPANY GUAR 04/31 7.5            | CUSIP: 893830AF6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     41000 | PA      | $40402.18     | 0.03%             | 2031-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Transocean International Limited                               | TRANSOCEAN INTERNATIONAL LTD COMPANY GUAR 144A 05/29 8.25      | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     94000 | PA      | $95773.78     | 0.07%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Transocean International Limited                               | TRANSOCEAN INTERNATIONAL LTD COMPANY GUAR 144A 05/31 8.5       | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     95000 | PA      | $96699.84     | 0.07%             | 2031-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TriNet Group Inc.                                              | TRINET GROUP INC SR UNSECURED 144A 08/31 7.125                 | CUSIP: 896288AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    648000 | PA      | $666684.43    | 0.52%             | 2031-08-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Trivium Packaging Finance B.V.                                 | TRIVIUM PACKAGING FINANCE BV SECURED 144A 01/31 12.25          | CUSIP: 89686QAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     63000 | PA      | $68935.17     | 0.05%             | 2031-01-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| Liberty Interactive LLC                                        | LIBERTY INTERACTIVE LLC SR UNSECURED 02/30 8.25                | CUSIP: 530715AJ0<br>LEI: 549300SZUIU7Z32Q0664 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $94714.00     | 0.07%             | 2030-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| VMED 02 UK Financing I PLC                                     | VMED O2 UK FINANCING I PLC SR SECURED 144A 01/33 6.75          | CUSIP: 92858RAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    200000 | PA      | $195032.02    | 0.15%             | 2033-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Watco Finance Corp.                                            | WATCO COS LLC / WATCO FINANCE SR UNSECURED 144A 08/32 7.125    | CUSIP: 941130AD8<br>LEI: 549300UK74AMHGBXZG45 | Long             | DBT              | CORP              | US        |    238000 | PA      | $249493.02    | 0.19%             | 2032-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                    | WAYFAIR LLC SR SECURED 144A 10/29 7.25                         | CUSIP: 94419NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    171000 | PA      | $178795.55    | 0.14%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                    | WAYFAIR LLC SR SECURED 144A 09/30 7.75                         | CUSIP: 94419NAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    571000 | PA      | $607041.52    | 0.47%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Trivium Packaging Finance B.V.                                 | TRIVIUM PACKAGING FINANCE BV SR SECURED 144A 07/30 8.25        | CUSIP: 89686QAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    180000 | PA      | $192073.32    | 0.15%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Tronox Incorporated                                            | TRONOX INC COMPANY GUAR 144A 03/29 4.625                       | CUSIP: 897051AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $92235.92     | 0.07%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corporation                                   | TRUIST FINANCIAL CORP SR UNSECURED 01/35 VAR                   | CUSIP: 89788MAS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    413000 | PA      | $432517.86    | 0.34%             | 2035-01-24      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| CRC Insurance Group LLC                                        | TRUIST INSURANCE HOLDINGS LLC 2ND LIEN TERM LOAN               | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    340000 | PA      | $340850.00    | 0.26%             | 2032-05-06      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| X Corporation                                                  | X CORP 2025 FIXED TERM LOAN                                    | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $2067500.00   | 1.60%             | 2029-10-26      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| USI Inc.                                                       | USI INC/NY SR UNSECURED 144A 01/32 7.5                         | CUSIP: 90346KAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     64000 | PA      | $66999.68     | 0.05%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP F COMPANY GUAR 144A 02/29 6.5     | UNITI GROUP LP / UNITI GROUP F COMPANY GUAR 144A 02/29 6.5     | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $199380.03    | 0.15%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP F COMPANY GUAR 144A 06/32 8.625   | UNITI GROUP LP / UNITI GROUP F COMPANY GUAR 144A 06/32 8.625   | CUSIP: 91327CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    328000 | PA      | $330460.00    | 0.26%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP F COMPANY GUAR 144A 06/32 8.625   | UNITI GROUP LP / UNITI GROUP F COMPANY GUAR 144A 06/32 8.625   | CUSIP: 91327TAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $63609.17     | 0.05%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                  | UNIVISION COMMUNICATIONS INC SR SECURED 144A 07/31 8.5         | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    850000 | PA      | $886428.45    | 0.69%             | 2031-07-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                  | UNIVISION COMMUNICATIONS INC SR SECURED 144A 08/32 9.375       | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    223000 | PA      | $240094.29    | 0.19%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| W. R. Grace Holdings LLC                                       | WR GRACE HOLDINGS LLC SR SECURED 144A 08/33 7                  | CUSIP: 92943GAH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    246000 | PA      | $246307.50    | 0.19%             | 2033-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EFESTO BIDCO SPA EFESTO US LLC SR SECURED 144A 02/32 7.5       | EFESTO BIDCO SPA EFESTO US LLC SR SECURED 144A 02/32 7.5       | CUSIP: 28201XAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |    200000 | PA      | $203884.00    | 0.16%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Enact Holdings Inc.                                            | ENACT HOLDINGS INC SR UNSECURED 05/29 6.25                     | CUSIP: 29249EAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1068000 | PA      | $1119262.24   | 0.87%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                  | ENBRIDGE INC SUBORDINATED 01/83 VAR                            | CUSIP: 29250NBP9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    801000 | PA      | $873806.09    | 0.68%             | 2083-01-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                  | ENBRIDGE INC SUBORDINATED 01/84 VAR                            | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1369000 | PA      | $1566583.66   | 1.21%             | 2084-01-15      | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                             | ENERGY TRANSFER LP JR SUBORDINA 12/99 VAR                      | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2067000 | PA      | $2134969.16   | 1.65%             | 2030-05-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Endo Finance Holdings LP                                       | ENDO FINANCE HOLDINGS LP SR SECURED 144A 04/31 8.5             | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    835000 | PA      | $883519.35    | 0.68%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Excelerate Energy Limited Partnership                          | EXCELERATE ENERGY LP COMPANY GUAR 144A 05/30 8                 | CUSIP: 30069UAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    574000 | PA      | $613824.69    | 0.48%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FMC Corporation                                                | FMC CORP SR UNSECURED 05/33 5.65                               | CUSIP: 302491AX3<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     70000 | PA      | $61961.73     | 0.05%             | 2033-05-18      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                | FANNIE MAE POOL FN 07/55 FIXED 5.5                             | CUSIP: 3140BGAR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4916046 | PA      | $5003651.23   | 3.88%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                | FANNIE MAE POOL FN 07/55 FIXED 6                               | CUSIP: 3140Y6W48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4311401 | PA      | $4458266.27   | 3.45%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                | FANNIE MAE POOL FN 07/55 FIXED 6                               | CUSIP: 3140Y6W55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4098072 | PA      | $4237669.61   | 3.28%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Flash Compute LLC                                              | FLASH COMPUTE LLC SR SECURED 144A 12/30 7.25                   | CUSIP: 33853QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    174000 | PA      | $174590.38    | 0.14%             | 2030-12-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Focus Financial Partners LLC                                   | FOCUS FINANCIAL PARTNERS LLC SR SECURED 144A 09/31 6.75        | CUSIP: 34417VAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    433000 | PA      | $443275.09    | 0.34%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                  | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/26 6.95               | CUSIP: 345397C43<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001713.09   | 0.78%             | 2026-03-06      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                  | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/30 7.35               | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    407000 | PA      | $439434.44    | 0.34%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corporation                                   | FREEDOM MORTGAGE CORP SR UNSECURED 144A 10/30 12.25            | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    576000 | PA      | $634970.30    | 0.49%             | 2030-10-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                  | FREEDOM MORTGAGE HOLDINGS LLC SR UNSECURED 144A 04/32 8.375    | CUSIP: 35641AAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    336000 | PA      | $351482.88    | 0.27%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                  | FREEDOM MORTGAGE HOLDINGS LLC SR UNSECURED 144A 04/33 7.875    | CUSIP: 35641AAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    221000 | PA      | $225428.18    | 0.17%             | 2033-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                  | FREEDOM MORTGAGE HOLDINGS LLC SR UNSECURED 144A 05/31 6.875    | CUSIP: 35641AAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     88000 | PA      | $87328.94     | 0.07%             | 2031-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Frontier Florida LLC                                           | FRONTIER FLORIDA LLC SR UNSECURED 02/28 6.86                   | CUSIP: 362333AH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $724500.00    | 0.56%             | 2028-02-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                               | GARDA WORLD SECURITY CORP SR UNSECURED 144A 08/32 8.25         | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    338000 | PA      | $345390.37    | 0.27%             | 2032-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                               | GARDA WORLD SECURITY CORP SR UNSECURED 144A 11/32 8.375        | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    243000 | PA      | $249479.84    | 0.19%             | 2032-11-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                         | GENERAL MOTORS CO SR UNSECURED 04/46 6.75                      | CUSIP: 37045VAL4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1613058.45   | 1.25%             | 2046-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP / GENESIS EN COMPANY GUAR 01/29 8.25         | GENESIS ENERGY LP / GENESIS EN COMPANY GUAR 01/29 8.25         | CUSIP: 37185LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    894000 | PA      | $931973.54    | 0.72%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP / GENESIS EN COMPANY GUAR 05/33 8            | GENESIS ENERGY LP / GENESIS EN COMPANY GUAR 05/33 8            | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    527000 | PA      | $550009.87    | 0.43%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GENMAB A/S/GENMAB FINANCE LLC SR SECURED 144A 12/32 6.25       | GENMAB A/S/GENMAB FINANCE LLC SR SECURED 144A 12/32 6.25       | CUSIP: 37230JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |    213000 | PA      | $218333.07    | 0.17%             | 2032-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GENMAB A/S/GENMAB FINANCE LLC SR UNSECURED 144A 12/33 7.25     | GENMAB A/S/GENMAB FINANCE LLC SR UNSECURED 144A 12/33 7.25     | CUSIP: 37230JAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |    145000 | PA      | $153462.08    | 0.12%             | 2033-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Global Aviation Holdings Inc.                                  | GLOBAL AVIATION HLDGS INC COMMON STOCK                         | CUSIP: 37953C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82159 | NS      | $0.08         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| GLOBAL PARTNERS LP / GLP FINAN COMPANY GUAR 144A 07/33 7.125   | GLOBAL PARTNERS LP / GLP FINAN COMPANY GUAR 144A 07/33 7.125   | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    228000 | PA      | $233542.00    | 0.18%             | 2033-07-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                   | MPH ACQUISITION HOLDINGS LLC SR SECURED 144A 03/31 6.75        | CUSIP: 553283AE2<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     79000 | PA      | $66360.00     | 0.05%             | 2031-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                   | MPH ACQUISITION HOLDINGS LLC SR SECURED 144A 12/30 11.5        | CUSIP: 553283AF9<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     65000 | PA      | $68250.00     | 0.05%             | 2030-12-31      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                   | MPH ACQUISITION HOLDINGS LLC SR SECURED 144A 12/30 5.75        | CUSIP: 553283AG7<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     80000 | PA      | $68400.00     | 0.05%             | 2030-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Auto Ahorro Automotriz S.A. de C.V.                            | MPT OPERATING PARTNERSHIP LP / COMPANY GUAR 10/27 5            | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147000 | PA      | $143729.24    | 0.11%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Auto Ahorro Automotriz S.A. de C.V.                            | MPT OPERATING PARTNERSHIP LP / COMPANY GUAR 08/29 4.625        | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $81450.54     | 0.06%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Auto Ahorro Automotriz S.A. de C.V.                            | MPT OPERATING PARTNERSHIP LP / COMPANY GUAR 03/31 3.5          | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $100032.79    | 0.08%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Auto Ahorro Automotriz S.A. de C.V.                            | MPT OPERATING PARTNERSHIP LP / SR SECURED 144A 02/32 8.5       | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    228000 | PA      | $244269.40    | 0.19%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings LLC                                     | MACY'S RETAIL HOLDINGS LLC COMPANY GUAR 144A 08/33 7.375       | CUSIP: 55617LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    449000 | PA      | $474131.43    | 0.37%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings Inc.                                      | WARNERMEDIA HOLDINGS INC COMPANY GUAR 03/32 4.279              | CUSIP: 55903VBQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1117600.00   | 0.87%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| The Michaels Companies Inc.                                    | MICHAELS COS INC/THE SR UNSECURED 144A 05/29 7.875             | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    199000 | PA      | $193887.39    | 0.15%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Magnera Corporation                                            | MAGNERA CORP SR SECURED 144A 11/31 7.25                        | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    793000 | PA      | $749395.55    | 0.58%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MajorDrive Holdings IV LLC                                     | MAJORDRIVE HOLDINGS IV LLC SR UNSECURED 144A 06/29 6.375       | CUSIP: 56085RAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $44246.11     | 0.03%             | 2029-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Match Group Holdings II LLC                                    | MATCH GROUP HOLDINGS II LLC SR UNSECURED 144A 09/33 6.125      | CUSIP: 57667JAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    614000 | PA      | $616279.90    | 0.48%             | 2033-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education Inc.                                     | MCGRAW-HILL EDUCATION INC SR UNSECURED 144A 08/29 8            | CUSIP: 57767XAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     66000 | PA      | $66600.53     | 0.05%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Amynta Agency Borrower Inc.                                    | AMYNTA AGENCY BORROWER INC 2026 REPRICED TERM LOAN B           | CUSIP: 57810JAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    656051 | PA      | $651747.07    | 0.50%             | 2031-12-29      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Services Topco Corp.                        | MAVIS TIRE EXPRESS SERVICES TO SR UNSECURED 144A 05/29 6.5     | CUSIP: 59155LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $74852.80     | 0.06%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| The E.W. Scripps Company                                       | EW SCRIPPS CO/THE SECURED 144A 08/30 9.875                     | CUSIP: 811054AH8<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |     83000 | PA      | $82713.87     | 0.06%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                       | SERVICE PROPERTIES TRUST COMPANY GUAR 12/27 5.5                | CUSIP: 81761LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $64489.59     | 0.05%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                       | SERVICE PROPERTIES TRUST SR SECURED 144A 11/31 8.625           | CUSIP: 81761LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    144000 | PA      | $151240.32    | 0.12%             | 2031-11-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                               | BANK OF MONTREAL JR SUBORDINA 05/84 VAR                        | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   2156000 | PA      | $2292619.25   | 1.78%             | 2084-05-26      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| The Bank of Nova Scotia                                        | BANK OF NOVA SCOTIA/THE JR SUBORDINA 10/82 VAR                 | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2118010.00   | 1.64%             | 2082-10-27      | Variable      | 8.62%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                               | CSC HOLDINGS LLC COMPANY GUAR 144A 01/29 11.75                 | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    708000 | PA      | $516249.60    | 0.40%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| CandW Senior Finance Limited                                   | CandW SENIOR FINANCE LTD COMPANY GUAR 144A 01/33 9             | CUSIP: 12665MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    590000 | PA      | $613620.06    | 0.48%             | 2033-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Cable One Inc.                                                 | CABLE ONE INC 2021 TERM LOAN B4                                | CUSIP: 12685LAG5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    656408 | PA      | $611280.19    | 0.47%             | 2028-05-03      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PRODUCTS PAR COMPANY GUAR 144A 02/31 9.75    | CALUMET SPECIALTY PRODUCTS PAR COMPANY GUAR 144A 02/31 9.75    | CUSIP: 131477BA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82000 | PA      | $84562.50     | 0.07%             | 2031-02-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| SOLD EUR/BOUGHT USD                                            | SOLD EUR/BOUGHT USD                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | DE        |         1 | NC      | $-819.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| USA COMPRESSION PARTNERS LP / COMPANY GUAR 144A 10/33 6.25     | USA COMPRESSION PARTNERS LP / COMPANY GUAR 144A 10/33 6.25     | CUSIP: 91740PAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    316000 | PA      | $320107.05    | 0.25%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VT Topco Inc.                                                  | VT TOPCO INC SR SECURED 144A 08/30 8.5                         | CUSIP: 91838PAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    711000 | PA      | $728447.94    | 0.56%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VZ Secured Financing B.V.                                      | VZ SECURED FINANCING BV SR SECURED 144A 01/32 5                | CUSIP: 91845AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    146000 | PA      | $131831.85    | 0.10%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VZ Secured Financing B.V.                                      | VZ SECURED FINANCING BV SR SECURED 144A 01/33 7.5              | CUSIP: 91845AAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    113000 | PA      | $113346.09    | 0.09%             | 2033-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Bausch Health Americas Inc.                                    | VALEANT PHARMACEUTICALS INTL COMPANY GUAR 144A 01/27 8.5       | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |     67000 | PA      | $66438.54     | 0.05%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Varex Imaging Corporation                                      | VAREX IMAGING CORP SR SECURED 144A 10/27 7.875                 | CUSIP: 92214XAC0<br>LEI: 549300CWYWPVCT8E9W67 | Long             | DBT              | CORP              | US        |    897000 | PA      | $912712.75    | 0.71%             | 2027-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | VENTURE GLOBAL PLAQUEMINES LNG SR SECURED 144A 05/33 7.5       | CUSIP: 922966AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1052000 | PA      | $1153379.14   | 0.89%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | VENTURE GLOBAL PLAQUEMINES LNG SR SECURED 144A 01/34 6.5       | CUSIP: 922966AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    258000 | PA      | $267751.97    | 0.21%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | VENTURE GLOBAL PLAQUEMINES LNG SR SECURED 144A 12/30 6.125     | CUSIP: 922966AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    206000 | PA      | $212036.21    | 0.16%             | 2030-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | VENTURE GLOBAL PLAQUEMINES LNG SR SECURED 144A 06/34 6.5       | CUSIP: 922966AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    206000 | PA      | $213339.76    | 0.17%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                         | VENTURE GLOBAL LNG INC SR SECURED 144A 02/29 9.5               | CUSIP: 92332YAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1457000 | PA      | $1551515.59   | 1.20%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                         | VENTURE GLOBAL LNG INC SR SECURED 144A 01/30 7                 | CUSIP: 92332YAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    612000 | PA      | $615791.95    | 0.48%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                         | VENTURE GLOBAL LNG INC JR SUBORDINA 144A 12/99 VAR             | CUSIP: 92332YAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2321000 | PA      | $2041837.71   | 1.58%             | 2029-09-30      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Vermilion Energy Inc.                                          | VERMILION ENERGY INC SR UNSECURED 144A 02/33 7.25              | CUSIP: 923725AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     69000 | PA      | $66822.92     | 0.05%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Versant Media Group Inc.                                       | VERSANT MEDIA GROUP INC SR SECURED 144A 01/31 7.25             | CUSIP: 925283AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97000 | PA      | $99404.59     | 0.08%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Virtusa Corporation                                            | VIRTUSA CORP SR UNSECURED 144A 12/28 7.125                     | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |    639000 | PA      | $626873.70    | 0.49%             | 2028-12-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| VoltaGrid LLC                                                  | VOLTAGRID LLC SECURED 144A 11/30 7.375                         | CUSIP: 92874BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    409000 | PA      | $414239.84    | 0.32%             | 2030-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| W. R. Grace Holdings LLC                                       | WR GRACE HOLDINGS LLC SR UNSECURED 144A 08/29 5.625            | CUSIP: 92943GAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    121000 | PA      | $115637.20    | 0.09%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| W. R. Grace Holdings LLC                                       | WR GRACE HOLDINGS LLC SR SECURED 144A 08/32 6.625              | CUSIP: 92943GAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    299000 | PA      | $297348.38    | 0.23%             | 2032-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corporation                                          | WHIRLPOOL CORP SR UNSECURED 06/30 6.125                        | CUSIP: 963320BD7<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    658000 | PA      | $659715.41    | 0.51%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                   | BARCLAYS PLC JR SUBORDINA 12/99 8                              | CUSIP: 06738EBX2<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2200000 | PA      | $2351896.80   | 1.82%             | 2029-03-15      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc.                                   | BAUSCH HEALTH COS INC COMPANY GUAR 144A 01/28 5                | CUSIP: 071734AH0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     48000 | PA      | $41090.16     | 0.03%             | 2028-01-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc.                                   | BAUSCH HEALTH COS INC COMPANY GUAR 144A 02/29 6.25             | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    122000 | PA      | $96520.30     | 0.07%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                                  | WHITE CAP SUPPLY HOLDINGS LLC COMPANY GUAR 144A 11/30 7.375    | CUSIP: 96467GAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $67514.40     | 0.05%             | 2030-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES LLC / WIND SR SECURED 144A 10/31 8.25      | WINDSTREAM SERVICES LLC / WIND SR SECURED 144A 10/31 8.25      | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    413000 | PA      | $432627.83    | 0.34%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc.                                   | BAUSCH HEALTH COS INC COMPANY GUAR 144A 02/31 5.25             | CUSIP: 071734AL1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    127000 | PA      | $83185.00     | 0.06%             | 2031-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc.                                   | BAUSCH HEALTH COS INC SECURED 144A 10/30 14                    | CUSIP: 071734AR8<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $40265.20     | 0.03%             | 2030-10-15      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| Uniti Services LLC                                             | UNITI SERVICES LLC SR SECURED 144A 10/33 7.5                   | CUSIP: 97382BAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    338000 | PA      | $348969.20    | 0.27%             | 2033-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WULF Compute LLC                                               | WULF COMPUTE LLC SR SECURED 144A 10/30 7.75                    | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $224249.30    | 0.17%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                    | BEACH ACQUISITION BIDCO LLC SR UNSECURED 144A 07/33 10         | CUSIP: 07337JAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    362592 | PA      | $398974.64    | 0.31%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Blackstone Mortgage Trust Inc.                                 | BLACKSTONE MORTGAGE TRUST INC SR SECURED 144A 12/29 7.75       | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |    645000 | PA      | $691388.40    | 0.54%             | 2029-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| XHR LP                                                         | XHR LP COMPANY GUAR 144A 05/30 6.625                           | CUSIP: 98372MAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    439000 | PA      | $453377.69    | 0.35%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                      | XPLR INFRASTRUCTURE OPERATING COMPANY GUAR 144A 04/34 7.75     | CUSIP: 98379YAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $254836.50    | 0.20%             | 2034-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Xerox Corporation                                              | XEROX CORP SR SECURED 144A 10/30 10.25                         | CUSIP: 984121CS0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     54000 | PA      | $44520.16     | 0.03%             | 2030-10-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Xerox Corporation                                              | XEROX CORP SECURED 144A 04/31 13.5                             | CUSIP: 984121CT8<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     73000 | PA      | $53107.50     | 0.04%             | 2031-04-15      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| Xerox Holdings Corporation                                     | XEROX HOLDINGS CORP COMPANY GUAR 144A 08/28 5.5                | CUSIP: 98421MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    363000 | PA      | $159751.73    | 0.12%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital Inc.                                  | ZF NORTH AMERICA CAPITAL INC COMPANY GUAR 144A 04/28 6.875     | CUSIP: 98877DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    586000 | PA      | $605042.07    | 0.47%             | 2028-04-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Brand Industrial Services Inc.                                 | BRAND INDUSTRIAL SERVICES INC SR SECURED 144A 08/30 10.375     | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |    209000 | PA      | $200376.60    | 0.16%             | 2030-08-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Bristow Group Inc.                                             | BRISTOW GROUP INC SR SECURED 144A 02/33 6.75                   | CUSIP: 11040GAB9<br>LEI: 5493005Q24EN3UC1PV68 | Long             | DBT              | CORP              | US        |     67000 | PA      | $67784.96     | 0.05%             | 2033-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital Inc.                                  | ZF NORTH AMERICA CAPITAL INC COMPANY GUAR 144A 04/30 6.75      | CUSIP: 98877DAF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    554000 | PA      | $555459.79    | 0.43%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital Inc.                                  | ZF NORTH AMERICA CAPITAL INC COMPANY GUAR 144A 03/31 7.5       | CUSIP: 98877DAH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    430000 | PA      | $440745.27    | 0.34%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Broadstreet Partners Group LLC                                 | BROADSTREET PARTNERS GROUP LLC SR UNSECURED 144A 04/29 5.875   | CUSIP: 11135RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     76000 | PA      | $75820.43     | 0.06%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc.                                        | BROOKFIELD FINANCE INC COMPANY GUAR 01/55 VAR                  | CUSIP: 11271LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $993322.30    | 0.77%             | 2055-01-15      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| SoftBank Group Corp.                                           | SOFTBANK GROUP CORP SUBORDINATED REGS 12/99 VAR                | CUSIP: AO2625157<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |   1083000 | PA      | $1056937.93   | 0.82%             | 2027-07-19      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| SoftBank Group Corp.                                           | SOFTBANK GROUP CORP SR UNSECURED REGS 09/27 5.125              | CUSIP: AP1047038<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |   1500000 | PA      | $1488480.84   | 1.15%             | 2027-09-19      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                               | GARDA WORLD SECURITY CORP 2026 REPRICED TERM LOAN B            | CUSIP: C4000KAH7<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |    833829 | PA      | $831744.45    | 0.64%             | 2029-02-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Trinseo Holding S.a r.l.                                       | TRINSEO MATERIALS OPERATING 2021 TERM LOAN B2                  | CUSIP: L9339LAK9<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    862023 | PA      | $81892.21     | 0.06%             | 2028-05-03      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Altice France                                                  | ALTICE HOLDINGS 1 12/99 0                                      | CUSIP: YK2983368<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       501 | PA      | $81.66        | 0.00%             | N/A             | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc.                                      | BUILDERS FIRSTSOURCE INC COMPANY GUAR 144A 05/35 6.75          | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    425000 | PA      | $446517.33    | 0.35%             | 2035-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC/CCO Holdings Capital Corp.                    | CCO HOLDINGS LLC / CCO HOLDING SR UNSECURED 144A 02/33 7       | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    203000 | PA      | $204960.50    | 0.16%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC/CCO Holdings Capital Corp.                    | CCO HOLDINGS LLC / CCO HOLDING SR UNSECURED 144A 02/36 7.375   | CUSIP: 1248EPCV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    282000 | PA      | $282338.11    | 0.22%             | 2036-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc.                              | CHS/COMMUNITY HEALTH SYSTEMS I SECURED 144A 04/29 6.875        | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    131000 | PA      | $120461.05    | 0.09%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc.                              | CHS/COMMUNITY HEALTH SYSTEMS I SECURED 144A 04/30 6.125        | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    130000 | PA      | $106984.36    | 0.08%             | 2030-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc.                              | CHS/COMMUNITY HEALTH SYSTEMS I SR SECURED 144A 05/30 5.25      | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    498000 | PA      | $469571.22    | 0.36%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc.                              | CHS/COMMUNITY HEALTH SYSTEMS I SR SECURED 144A 01/32 10.875    | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    329000 | PA      | $354181.00    | 0.27%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                               | CSC HOLDINGS LLC COMPANY GUAR 144A 04/27 5.5                   | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    575000 | PA      | $507520.01    | 0.39%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Carpenter Technology Corporation                               | CARPENTER TECHNOLOGY CORP SR UNSECURED 144A 03/34 5.625        | CUSIP: 144285AN3<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    165000 | PA      | $167437.22    | 0.13%             | 2034-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Carvana Co.                                                    | CARVANA CO SR SECURED 144A 06/31 14                            | CUSIP: 146869AM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    204841 | PA      | $225338.92    | 0.17%             | 2031-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Carvana Co.                                                    | CARVANA CO SR SECURED 144A 06/30 13                            | CUSIP: 146869AN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147485 | PA      | $153781.87    | 0.12%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                       | CELANESE US HOLDINGS LLC COMPANY GUAR 11/30 7.05               | CUSIP: 15089QAX2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    217000 | PA      | $229575.37    | 0.18%             | 2030-11-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Consolidated Energy Finance SA                                 | CONSOLIDATED ENERGY FINANCE SA COMPANY GUAR 144A 02/31 12      | CUSIP: 20914UAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    150000 | PA      | $125985.00    | 0.10%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                       | CELANESE US HOLDINGS LLC COMPANY GUAR 02/31 7                  | CUSIP: 15089QBC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    164000 | PA      | $167751.34    | 0.13%             | 2031-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust 2007-6                          | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2007 6 ES 144A            | CUSIP: 41165BAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1415002 | PA      | $16240.68     | 0.01%             | 2037-08-19      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Hightower Holding LLC                                          | HIGHTOWER HOLDINGS LLC 2025 1ST LIEN TERM LOAN B               | CUSIP: 43117LAP8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    496253 | PA      | $494392.18    | 0.38%             | 2032-02-03      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Hightower Holding LLC                                          | HIGHTOWER HOLDING LLC COMPANY GUAR 144A 04/29 6.75             | CUSIP: 43118DAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $31956.02     | 0.02%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Hightower Holding LLC                                          | HIGHTOWER HOLDING LLC SR UNSECURED 144A 01/30 9.125            | CUSIP: 43118DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     43000 | PA      | $45387.92     | 0.04%             | 2030-01-31      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| ION Platform Finance US Inc.                                   | ION PLATFORM FINANCE US INC SR SECURED 144A 09/32 7.875        | CUSIP: 46205QAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    208000 | PA      | $182418.93    | 0.14%             | 2032-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC / SR SECURED 144A 05/28 5.75       | ION PLATFORM FINANCE US INC / SR SECURED 144A 05/28 5.75       | CUSIP: 46206AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    189000 | PA      | $179203.41    | 0.14%             | 2028-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC / SR SECURED 144A 05/29 9.5        | ION PLATFORM FINANCE US INC / SR SECURED 144A 05/29 9.5        | CUSIP: 46206AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    263000 | PA      | $253621.79    | 0.20%             | 2029-05-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Continental Resources Inc.                                     | CONTINENTAL RESOURCES INC/OK COMPANY GUAR 01/28 4.375          | CUSIP: 212015AS0<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001295.59   | 0.78%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ContourGlobal Power Holdings S.A.                              | CONTOURGLOBAL POWER HOLDINGS S SR SECURED 144A 02/30 6.75      | CUSIP: 21220LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    617000 | PA      | $636299.76    | 0.49%             | 2030-02-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JBS NV/JBS USA FOODS GROUP HOL SR UNSECURED 04/33 5.75         | JBS NV/JBS USA FOODS GROUP HOL SR UNSECURED 04/33 5.75         | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    610000 | PA      | $636571.60    | 0.49%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc.                                                 | COREWEAVE INC COMPANY GUAR 144A 06/30 9.25                     | CUSIP: 21873SAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    356000 | PA      | $350445.74    | 0.27%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc.                                                 | COREWEAVE INC COMPANY GUAR 144A 02/31 9                        | CUSIP: 21873SAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    206000 | PA      | $200285.19    | 0.16%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Corporation                                  | CREDIT ACCEPTANCE CORP COMPANY GUAR 144A 03/30 6.625           | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    356000 | PA      | $356349.37    | 0.28%             | 2030-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                           | CROSSCOUNTRY INTERMEDIATE HOLD SR UNSECURED 144A 10/30 6.5     | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    212000 | PA      | $215177.88    | 0.17%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                           | CROSSCOUNTRY INTERMEDIATE HOLD SR UNSECURED 144A 12/32 6.75    | CUSIP: 22757VAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    293000 | PA      | $295408.92    | 0.23%             | 2032-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I CYRUS 2023 1A B 144A            | CYRUSONE DATA CENTERS ISSUER I CYRUS 2023 1A B 144A            | CUSIP: 23284BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    720436 | PA      | $715224.44    | 0.55%             | 2048-04-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Dave and Buster's Inc.                                         | DAVE + BUSTERS INC 2024 TERM LOAN B                            | CUSIP: 23833EAX2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1602000 | PA      | $1486944.36   | 1.15%             | 2029-06-29      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| DEALER TIRE LLC / DT ISSUER LL SR UNSECURED 144A 02/28 8       | DEALER TIRE LLC / DT ISSUER LL SR UNSECURED 144A 02/28 8       | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     52000 | PA      | $51916.85     | 0.04%             | 2028-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DELEK LOGISTICS PARTNERS LP / COMPANY GUAR 144A 06/28 7.125    | DELEK LOGISTICS PARTNERS LP / COMPANY GUAR 144A 06/28 7.125    | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    418000 | PA      | $420761.31    | 0.33%             | 2028-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC C SR UNSECURED 07/46 8.35         | DELL INTERNATIONAL LLC / EMC C SR UNSECURED 07/46 8.35         | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    319000 | PA      | $401940.64    | 0.31%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| Diebold Nixdorf Incorporated                                   | DIEBOLD NIXDORF INC SR SECURED 144A 03/30 7.75                 | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |     55000 | PA      | $58249.07     | 0.05%             | 2030-03-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECT SR SECURED 144A 02/31 10        | DIRECTV FINANCING LLC / DIRECT SR SECURED 144A 02/31 10        | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    963000 | PA      | $991975.71    | 0.77%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| DISH Network Corporation                                       | DISH NETWORK CORP SR SECURED 144A 11/27 11.75                  | CUSIP: 25470MAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    990000 | PA      | $1024608.42   | 0.79%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| DISH DBS Corporation                                           | DISH DBS CORP COMPANY GUAR 06/29 5.125                         | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    274000 | PA      | $242494.70    | 0.19%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corporation                                           | DISH DBS CORP SR SECURED 144A 12/28 5.75                       | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    276000 | PA      | $267092.73    | 0.21%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                                   | DIVERSIFIED HEALTHCARE TRUST SR SECURED 144A 10/30 7.25        | CUSIP: 25525PAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    126000 | PA      | $129773.70    | 0.10%             | 2030-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| EchoStar Corporation                                           | ECHOSTAR CORP SR SECURED 11/29 10.75                           | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    441000 | PA      | $483433.02    | 0.37%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| The Edelman Financial Engines Center LLC                       | EDELMAN FINANCIAL CENTER LLC 2024 2ND LIEN TERM LOAN           | CUSIP: 27943TAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    912000 | PA      | $912383.04    | 0.71%             | 2028-10-06      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| AMC Entertainment Holdings Inc.                                | AMC ENTERTAINMENT HOLDINGS INC SR SECURED 144A 02/29 7.5       | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    245000 | PA      | $191121.44    | 0.15%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AMN Healthcare Inc.                                            | AMN HEALTHCARE INC COMPANY GUAR 144A 04/29 4                   | CUSIP: 00175PAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    529000 | PA      | $505845.25    | 0.39%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMN Healthcare Inc.                                            | AMN HEALTHCARE INC COMPANY GUAR 144A 01/31 6.5                 | CUSIP: 00175PAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    294000 | PA      | $297854.16    | 0.23%             | 2031-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Acadia Healthcare Company Inc.                                 | ACADIA HEALTHCARE CO INC COMPANY GUAR 144A 03/33 7.375         | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    658000 | PA      | $649968.98    | 0.50%             | 2033-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANC SR UNSECURED 144A 06/29 8.5     | ACRISURE LLC / ACRISURE FINANC SR UNSECURED 144A 06/29 8.5     | CUSIP: 00489LAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320000 | PA      | $334637.12    | 0.26%             | 2029-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AdaptHealth LLC                                                | ADAPTHEALTH LLC COMPANY GUAR 144A 08/29 4.625                  | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $434641.50    | 0.34%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                            | OSAIC HOLDINGS INC SR SECURED 144A 08/32 6.75                  | CUSIP: 00791GAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    321000 | PA      | $332673.55    | 0.26%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                            | OSAIC HOLDINGS INC COMPANY GUAR 144A 08/33 8                   | CUSIP: 00791GAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     42000 | PA      | $43534.26     | 0.03%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                            | OSAIC HOLDINGS INC SR SECURED 144A 08/32 6.75                  | CUSIP: 00791GAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82000 | PA      | $84970.04     | 0.07%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                            | OSAIC HOLDINGS INC COMPANY GUAR 144A 08/33 8                   | CUSIP: 00791GAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     41000 | PA      | $42486.66     | 0.03%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Affinity Interactive                                           | AFFINITY INTERACTIVE SR SECURED 144A 12/27 6.875               | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    753000 | PA      | $451800.00    | 0.35%             | 2027-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS INC / SAFEWAY I COMPANY GUAR 144A 03/34 5.75    | ALBERTSONS COS INC / SAFEWAY I COMPANY GUAR 144A 03/34 5.75    | CUSIP: 01309QAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    208000 | PA      | $204562.52    | 0.16%             | 2034-03-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Albertsons Companies Inc.                                      | ALBERTSONS COS INC SR UNSECURED 144A 03/32 5.625               | CUSIP: 01309QAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    656000 | PA      | $655335.31    | 0.51%             | 2032-03-31      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1 SARL / AGGR SR SECURED 144A 05/30 7         | ALBION FINANCING 1 SARL / AGGR SR SECURED 144A 05/30 7         | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    465000 | PA      | $484651.83    | 0.38%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Algonquin Power and Utilities Corp.                            | ALGONQUIN POWER and UTILITIES CO PREFERRED STOCK 07/79 VAR     | CUSIP: 015857808<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EP               | CORP              | CA        |     22000 | NS      | $568920.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc.                                  | BREAD FINANCIAL HOLDINGS INC COMPANY GUAR 144A 05/31 6.75      | CUSIP: 018581AR9<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    285000 | PA      | $293514.66    | 0.23%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Enerflex Inc.                                                  | ENERFLEX INC SR UNSECURED 144A 01/31 6.875                     | CUSIP: 29281WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     48000 | PA      | $49607.33     | 0.04%             | 2031-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FMC Corporation                                                | FMC CORP SR UNSECURED 10/29 3.45                               | CUSIP: 302491AU9<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     99000 | PA      | $88927.57     | 0.07%             | 2029-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 01/31 7          | ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 01/31 7          | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    581000 | PA      | $602355.84    | 0.47%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                                           | ALPHA GENERATION LLC COMPANY GUAR 144A 01/34 6.25              | CUSIP: 02073LAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $166070.69    | 0.13%             | 2034-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Altice France                                                  | ALTICE SA SR SECURED 144A 11/29 9.5                            | CUSIP: 02090DAA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    271341 | PA      | $278471.05    | 0.22%             | 2029-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Altice France                                                  | ALTICE SA SR SECURED 144A 07/32 6.875                          | CUSIP: 02090DAE8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    476372 | PA      | $465197.79    | 0.36%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE LUX 3 / ALTICE H SR UNSECURED 144A 01/33 10      | ALTICE FRANCE LUX 3 / ALTICE H SR UNSECURED 144A 01/33 10      | CUSIP: 020956AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    120000 | PA      | $115960.21    | 0.09%             | 2033-01-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Altice Financing S.A.                                          | ALTICE FINANCING SA SR SECURED 144A 08/29 5.75                 | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $287799.60    | 0.22%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Altice Financing S.A.                                          | ALTICE FINANCING SA SR SECURED 144A 07/27 9.625                | CUSIP: 02154CAJ2<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    940000 | PA      | $728128.23    | 0.56%             | 2027-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Amentum Holdings Inc.                                          | AMENTUM HOLDINGS INC COMPANY GUAR 144A 08/32 7.25              | CUSIP: 02352BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    152000 | PA      | $160181.10    | 0.12%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Froneri Lux Finco S.a r.l.                                     | FRONERI LUX FINCO SARL SR SECURED 144A 08/32 6                 | CUSIP: 35901MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1242000 | PA      | $1257675.43   | 0.97%             | 2032-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Full House Resorts Inc.                                        | FULL HOUSE RESORTS INC SR SECURED 144A 02/28 8.25              | CUSIP: 359678AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    666000 | PA      | $606892.50    | 0.47%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| FXI Holdings Inc.                                              | FXI HOLDINGS INC SR SECURED 144A 11/30 11                      | CUSIP: 36120RAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21000 | PA      | $19346.25     | 0.01%             | 2030-11-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| The GEO Group Inc.                                             | GEO GROUP INC/THE COMPANY GUAR 04/31 10.25                     | CUSIP: 36162JAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    993000 | PA      | $1083482.16   | 0.84%             | 2031-04-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                         | QNITY ELECTRONICS INC SR UNSECURED 144A 08/33 6.25             | CUSIP: 74743LAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    472000 | PA      | $487148.37    | 0.38%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc.                                         | QUIKRETE HOLDINGS INC SR UNSECURED 144A 03/33 6.75             | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    544000 | PA      | $565144.19    | 0.44%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RFNA LP                                                        | RFNA LP SR UNSECURED 144A 02/30 7.875                          | CUSIP: 74984AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    257000 | PA      | $258883.55    | 0.20%             | 2030-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Radiology Partners Inc.                                        | RADIOLOGY PARTNERS INC SECURED 144A 02/30 9.781                | CUSIP: 75041VAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     81000 | PA      | $81000.00     | 0.06%             | 2030-02-15      | Fixed         | 9.78%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                       | SERVICE PROPERTIES TRUST COMPANY GUAR 06/32 8.875              | CUSIP: 81761LAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     72000 | PA      | $71465.35     | 0.06%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                       | SERVICE PROPERTIES TRUST SR SECURED 144A 09/27 0.00000         | CUSIP: 81761LAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     84000 | PA      | $76042.36     | 0.06%             | 2027-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd.                                     | AMERICAN AIRLINES INC 2025 TERM LOAN                           | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    796919 | PA      | $796919.11    | 0.62%             | 2028-04-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| American Axle and Manufacturing Inc.                           | AMERICAN AXLE and MANUFACTURING SR SECURED 144A 10/32 6.375    | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     84000 | PA      | $85704.78     | 0.07%             | 2032-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| American Axle and Manufacturing Inc.                           | AMERICAN AXLE and MANUFACTURING COMPANY GUAR 144A 10/33 7.75   | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    336000 | PA      | $345652.40    | 0.27%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AMYNTA AGENCY BORROWER INC AND SR UNSECURED 144A 07/33 7.5     | AMYNTA AGENCY BORROWER INC AND SR UNSECURED 144A 07/33 7.5     | CUSIP: 03238AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74000 | PA      | $75448.18     | 0.06%             | 2033-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SIMMONS FOODS INC/SIMMONS PREP SECURED 144A 03/29 4.625        | SIMMONS FOODS INC/SIMMONS PREP SECURED 144A 03/29 4.625        | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    463000 | PA      | $446230.74    | 0.35%             | 2029-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT CORP/C COMPANY GUAR 144A 01/32 8.625   | SIX FLAGS ENTERTAINMENT CORP/C COMPANY GUAR 144A 01/32 8.625   | CUSIP: 83003AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    123000 | PA      | $125515.35    | 0.10%             | 2032-01-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Anticimex Global AB                                            | ANTICIMEX INTERNATIONAL AB 2025 USD TERM LOAN                  | CUSIP: 03703HAD8<br>LEI: N/A                  | Long             | LON              | CORP              | SE        |    537867 | PA      | $538635.91    | 0.42%             | 2031-11-17      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| Arches Buyer Inc.                                              | ARCHES BUYER INC SR UNSECURED 144A 12/28 6.125                 | CUSIP: 039524AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $49864.94     | 0.04%             | 2028-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Arches Buyer Inc.                                              | ARCHES BUYER INC 2021 TERM LOAN B                              | CUSIP: 03952HAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    682169 | PA      | $678881.12    | 0.53%             | 2027-12-06      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP / ARCHROC COMPANY GUAR 144A 09/32 6.625   | ARCHROCK PARTNERS LP / ARCHROC COMPANY GUAR 144A 09/32 6.625   | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    670000 | PA      | $694519.99    | 0.54%             | 2032-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Ardagh Group S.A.                                              | ARDAGH GROUP SA SECURED 144A 12/30 12                          | CUSIP: 03969UAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1180000 | PA      | $1115100.00   | 0.86%             | 2030-12-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING FINANCE SR UNSECURED 144A 09/29 4       | ARDAGH METAL PACKAGING FINANCE SR UNSECURED 144A 09/29 4       | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $104489.31    | 0.08%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING FINANCE SR SECURED 144A 01/31 6.25      | ARDAGH METAL PACKAGING FINANCE SR SECURED 144A 01/31 6.25      | CUSIP: 03969YAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $205534.20    | 0.16%             | 2031-01-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ardonagh Group Finance Limited                                 | ARDONAGH GROUP FINANCE LTD SR UNSECURED 144A 02/32 8.875       | CUSIP: 039956AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    161000 | PA      | $166026.12    | 0.13%             | 2032-02-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ASURION LLC AND ASURION CO-ISS SR SECURED 144A 02/34 8.375     | ASURION LLC AND ASURION CO-ISS SR SECURED 144A 02/34 8.375     | CUSIP: 045941AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    685000 | PA      | $692507.65    | 0.54%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                            | ATHENE HOLDING LTD PREFERRED STOCK 03/64 VAR                   | CUSIP: 04686J838<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |     51525 | NS      | $1302552.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Athene Holding Ltd.                                            | ATHENE HOLDING LTD JR SUBORDINA 10/54 VAR                      | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999540.20    | 0.77%             | 2054-10-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                            | ATHENE HOLDING LTD JR SUBORDINA 06/55 VAR                      | CUSIP: 04686JAM3<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2003570.00   | 1.55%             | 2055-06-28      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| athenahealth Group Inc.                                        | ATHENAHEALTH INC 2022 TERM LOAN B                              | CUSIP: 04686RAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    332488 | PA      | $327845.97    | 0.25%             | 2029-02-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                                    | BNP PARIBAS SA JR SUBORDINA 144A 12/99 VAR                     | CUSIP: 05602XDJ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    692000 | PA      | $753872.41    | 0.58%             | 2031-08-22      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| BALDWIN INSURANCE GROUP HOLDIN SR SECURED 144A 05/31 7.125     | BALDWIN INSURANCE GROUP HOLDIN SR SECURED 144A 05/31 7.125     | CUSIP: 05825XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315000 | PA      | $323922.06    | 0.25%             | 2031-05-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                                    | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR                    | CUSIP: 06055HAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2532057.50   | 1.96%             | 2027-04-27      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| CP Atlas Buyer Inc.                                            | CP ATLAS BUYER INC SECURED 144A 01/31 12.75                    | CUSIP: 12597YAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     49000 | PA      | $45146.46     | 0.03%             | 2031-01-15      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                               | CSC HOLDINGS LLC SR UNSECURED 144A 12/30 4.625                 | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $74612.37     | 0.06%             | 2030-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CVS Health Corporation                                         | CVS HEALTH CORP JR SUBORDINA 03/55 VAR                         | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    847000 | PA      | $886509.16    | 0.69%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Fifth Third Financial Corporation                              | FIFTH THIRD FINANCIAL CORP SR UNSECURED 01/30 VAR              | CUSIP: 200340AW7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    648000 | PA      | $677368.22    | 0.52%             | 2030-01-30      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Company                                      | COMMERCIAL METALS CO SR UNSECURED 144A 11/33 5.75              | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    124000 | PA      | $126070.43    | 0.10%             | 2033-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL / CONNECT U SR SECURED 144A 09/29 9         | CONNECT FINCO SARL / CONNECT U SR SECURED 144A 09/29 9         | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    245000 | PA      | $260034.92    | 0.20%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Consensus Cloud Solutions Inc.                                 | CONSENSUS CLOUD SOLUTIONS INC COMPANY GUAR 144A 10/28 6.5      | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $600151.20    | 0.46%             | 2028-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Lindblad Expeditions LLC                                       | LINDBLAD EXPEDITIONS LLC SR SECURED 144A 09/30 7               | CUSIP: 53523LAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $234885.83    | 0.18%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                          | LONG RIDGE ENERGY LLC SR SECURED 144A 02/32 8.75               | CUSIP: 54288CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    645000 | PA      | $685207.45    | 0.53%             | 2032-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Company                                  | GLOBAL ATLANTIC FIN CO COMPANY GUAR 144A 10/54 VAR             | CUSIP: 37959GAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    516000 | PA      | $533352.56    | 0.41%             | 2054-10-15      | Variable      | 7.95%                 | No            |                  2 | On Loan: No      |
| goeasy Ltd.                                                    | GOEASY LTD SR UNSECURED 144A 10/30 7.375                       | CUSIP: 380355AN7<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    743000 | PA      | $716872.03    | 0.56%             | 2030-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| The Goodyear Tire and Rubber Company                           | GOODYEAR TIRE and RUBBER CO/THE COMPANY GUAR 04/31 5.25        | CUSIP: 382550BJ9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    505000 | PA      | $486018.88    | 0.38%             | 2031-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| The Goodyear Tire and Rubber Company                           | GOODYEAR TIRE and RUBBER CO/THE COMPANY GUAR 07/29 5           | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    289000 | PA      | $283026.95    | 0.22%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2012 114 IO                 | CUSIP: 38378BE47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    317499 | PA      | $4707.39      | 0.00%             | 2053-01-16      | Variable      | 0.63%                 | No            |                  2 | On Loan: No      |
| Graham Holdings Company                                        | GRAHAM HOLDINGS CO COMPANY GUAR 144A 12/33 5.625               | CUSIP: 384637AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    208000 | PA      | $209003.18    | 0.16%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                | GRAY MEDIA INC COMPANY GUAR 144A 11/31 5.375                   | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $77954.26     | 0.06%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                | GRAY MEDIA INC COMPANY GUAR 144A 10/30 4.75                    | CUSIP: 389375AL0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97000 | PA      | $74864.66     | 0.06%             | 2030-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                | GRAY MEDIA INC SR SECURED 144A 07/29 10.5                      | CUSIP: 389375AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    188000 | PA      | $201933.62    | 0.16%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                | GRAY MEDIA INC SECURED 144A 07/32 9.625                        | CUSIP: 389375AN6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     94000 | PA      | $96909.44     | 0.08%             | 2032-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                | GRAY MEDIA INC SR SECURED 144A 08/33 7.25                      | CUSIP: 389375AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $214992.33    | 0.17%             | 2033-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HLF FINANCING SARL LLC / HERBA SR SECURED 144A 04/29 12.25     | HLF FINANCING SARL LLC / HERBA SR SECURED 144A 04/29 12.25     | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $220405.55    | 0.17%             | 2029-04-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| HCA Inc.                                                       | HCA INC COMPANY GUAR 06/47 5.5                                 | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1760000 | PA      | $1661000.58   | 1.29%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                              | HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR                       | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2200000 | PA      | $2229172.00   | 1.73%             | 2027-05-22      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                              | HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR                       | CUSIP: 404280EH8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1111000 | PA      | $1147830.76   | 0.89%             | 2029-09-11      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust 2007-3                          | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2007 3 ES 144A            | CUSIP: 41164UAR0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1274140 | PA      | $19917.48     | 0.02%             | 2037-05-19      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust 2007-4                          | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2007 4 ES                 | CUSIP: 41164YAQ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1294739 | PA      | $19920.72     | 0.02%             | 2037-07-19      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I L.P.                                          | HILCORP ENERGY I LP / HILCORP SR UNSECURED 144A 02/29 5.75     | CUSIP: 431318AU8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    468000 | PA      | $468112.32    | 0.36%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                            | HILTON GRAND VACATIONS BORROWE SR SECURED 144A 01/32 6.625     | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    755000 | PA      | $771745.90    | 0.60%             | 2032-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                       | SERVICE PROPERTIES TRUST SR UNSECURED 01/28 3.95               | CUSIP: 44106MAX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     42000 | PA      | $39744.89     | 0.03%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                       | SERVICE PROPERTIES TRUST SR UNSECURED 10/29 4.95               | CUSIP: 44106MBB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82000 | PA      | $72326.76     | 0.06%             | 2029-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners LLC                           | HOWARD MIDSTREAM ENERGY PARTNE SR UNSECURED 144A 07/32 7.375   | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    104000 | PA      | $109855.72    | 0.09%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners LLC                           | HOWARD MIDSTREAM ENERGY PARTNE SR UNSECURED 144A 01/34 6.625   | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    187000 | PA      | $191936.80    | 0.15%             | 2034-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE PLC / HOWD SR UNSECURED 144A 02/32 8.125   | HOWDEN UK REFINANCE PLC / HOWD SR UNSECURED 144A 02/32 8.125   | CUSIP: 44287DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    362000 | PA      | $368855.19    | 0.29%             | 2032-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE PLC / HOWD SR SECURED 144A 02/31 7.25      | HOWDEN UK REFINANCE PLC / HOWD SR SECURED 144A 02/31 7.25      | CUSIP: 44287GAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    466000 | PA      | $481970.29    | 0.37%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                          | HUB INTERNATIONAL LTD SR UNSECURED 144A 01/32 7.375            | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    321000 | PA      | $336249.43    | 0.26%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Huntsman International LLC                                     | HUNTSMAN INTERNATIONAL LLC SR UNSECURED 05/29 4.5              | CUSIP: 44701QBE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    124000 | PA      | $119317.80    | 0.09%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                           | IHO VERWALTUNGS GMBH SR SECURED 144A 11/32 8                   | CUSIP: 44963BAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |     91000 | PA      | $96980.52     | 0.08%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| IMA Financial Group Inc.                                       | IMA FINANCIAL GROUP INC. TERM LOAN                             | CUSIP: 44966KAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    723685 | PA      | $721572.22    | 0.56%             | 2028-11-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Iliad Holding                                                  | ILIAD HOLDING SAS SR SECURED 144A 04/32 7                      | CUSIP: 449691AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    246000 | PA      | $252140.16    | 0.20%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INEOS Finance Plc                                              | INEOS FINANCE PLC SR SECURED 144A 05/28 6.75                   | CUSIP: 44984WAH0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    212000 | PA      | $185828.75    | 0.14%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications Inc.                                      | IHEARTCOMMUNICATIONS INC SECURED 144A 05/30 10.875             | CUSIP: 45174HBL0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    495400 | PA      | $410983.84    | 0.32%             | 2030-05-01      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                    | CRESCENT ENERGY FINANCE LLC COMPANY GUAR 144A 01/34 8.375      | CUSIP: 45344LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1076000 | PA      | $1086184.34   | 0.84%             | 2034-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| INEOS Quattro Finance 2 Plc                                    | INEOS QUATTRO FINANCE 2 PLC SR SECURED 144A 03/29 9.625        | CUSIP: 45674GAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     58000 | PA      | $46020.10     | 0.04%             | 2029-03-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Installed Building Products Inc.                               | INSTALLED BUILDING PRODUCTS IN COMPANY GUAR 144A 02/34 5.625   | CUSIP: 45780RAB7<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |     57000 | PA      | $57327.64     | 0.04%             | 2034-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Inversion Escrow Issuer LLC                                    | INVERSION ESCROW ISSUER LLC SR SECURED 144A 08/32 6.75         | CUSIP: 46150DAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    626000 | PA      | $620050.25    | 0.48%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| J and J Ventures Gaming LLC                                    | J+J VENTURES GAMING LLC 2025 REPRICED TERM LOAN B              | CUSIP: 46604BAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1579367 | PA      | $1559624.88   | 1.21%             | 2030-04-26      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Jacobs Entertainment Inc.                                      | JACOBS ENTERTAINMENT INC SR UNSECURED 144A 02/29 6.75          | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |    255000 | PA      | $251766.60    | 0.20%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP / JSG FINANC SR SECURED 144A 05/33 6.75      | JANE STREET GROUP / JSG FINANC SR SECURED 144A 05/33 6.75      | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    413000 | PA      | $429577.29    | 0.33%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JELD-WEN Inc.                                                  | JELD-WEN INC COMPANY GUAR 144A 09/32 7                         | CUSIP: 47580PAA1<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |    749000 | PA      | $469154.73    | 0.36%             | 2032-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP / JETBLUE SR SECURED 144A 09/31 9.875     | JETBLUE AIRWAYS CORP / JETBLUE SR SECURED 144A 09/31 9.875     | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1089000 | PA      | $1093755.66   | 0.85%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Jones Deslauriers Insurance Management Inc.                    | JONES DESLAURIERS INSURANCE MA SR UNSECURED 144A 10/33 6.875   | CUSIP: 48020RAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     42000 | PA      | $40938.78     | 0.03%             | 2033-10-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| June Purchaser LLC                                             | JANE PURCHASER LLC TERM LOAN                                   | CUSIP: 48171UAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     85071 | PA      | $85117.36     | 0.07%             | 2031-11-28      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Kaiser Aluminum Corporation                                    | KAISER ALUMINUM CORP SR UNSECURED 144A 03/34 5.875             | CUSIP: 483007AM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    327000 | PA      | $329430.59    | 0.26%             | 2034-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KB Home                                                        | KB HOME COMPANY GUAR 07/30 7.25                                | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    225000 | PA      | $231608.70    | 0.18%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Kestra Advisor Services Holdings A Inc.                        | KESTRA ADVISOR SRVS HOLD A INC 2024 REPRICED TERM LOAN         | CUSIP: 49255BAK0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     99000 | PA      | $98592.12     | 0.08%             | 2031-03-22      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                        | KODIAK GAS SERVICES LLC COMPANY GUAR 144A 10/33 6.5            | CUSIP: 50012LAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    293000 | PA      | $300114.92    | 0.23%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Kohl's Corporation                                             | KOHL'S CORP SR UNSECURED 05/31 5.125                           | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    287000 | PA      | $245696.94    | 0.19%             | 2031-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Kohl's Corporation                                             | KOHL'S CORP SR SECURED 144A 06/30 10                           | CUSIP: 500255AY0<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    573000 | PA      | $627711.19    | 0.49%             | 2030-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Lsf12 Helix Parent LLC                                         | LSF12 HELIX PARENT LLC SR SECURED 144A 02/33 7.125             | CUSIP: 548916AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     19000 | PA      | $19055.77     | 0.01%             | 2033-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MVW 2022-1 LLC                                                 | MVW 2022-1 LLC MVWOT 2022 1A D 144A                            | CUSIP: 55400UAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    288770 | PA      | $289414.68    | 0.22%             | 2039-11-21      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                                | MADISON IAQ LLC SR UNSECURED 144A 06/29 5.875                  | CUSIP: 55760LAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    109000 | PA      | $108864.47    | 0.08%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| IRS USD P 3.47 20230510-20260510                               | IRS USD P 3.47 20230510-20260510                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  22000000 | PA      | $11220.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 3.66 20230503-20260503                               | IRS USD P 3.66 20230503-20260503                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  43000000 | PA      | $193.50       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 3.82 20231226-20261226                               | IRS USD P 3.82 20231226-20261226                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  13000000 | PA      | $-38629.50    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** John Hancock Investors Trust

**Signature:** /s/Salvatore Schiavone

**Name of Signer:** Salvatore Schiavone

**Title:** Treasurer