# EDGAR Filing Document

**Accession Number:** 0000745967
**File Stem:** 0001145549-23-002483
**Filing Date:** 2023-1
**Character Count:** 293644
**Document Hash:** 4f97de55ba3a8043dd0fa4a8c22bcd2c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-002483.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001145549-23-002483

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes High Yield Trust
- **CENTRAL INDEX KEY:** 0000745967
- **IRS NUMBER:** 251470424
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04018
- **FILM NUMBER:** 23547863

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 8003417400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED HIGH YIELD TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Federated Hermes Opportunistic High Yield Bond Fund (Series ID: S000009061)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000024613 | Service Shares       | FHYTX           |
| C000130168 | Institutional Shares | FHTIX           |
| C000143970 | Class A Shares       | FHYAX           |
| C000143971 | Class C Shares       | FHYCX           |
| C000180483 | Class T Shares       |  |
| C000190443 | Class R6 Shares      | FHYLX           |

## Nport-Ex

Federated Hermes Opportunistic High Yield Bond Fund

Portfolio of Investments

November 30, 2022 (unaudited)

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Amount** <br>**or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—89.5% |  |
|  | **Aerospace/Defense—1.5%** |  |
| $2725000 | TransDigm, Inc., Sec. Fac. Bond, 144A, 6.250%, 3/15/2026 | $2715054 |
| &nbsp;&nbsp; 1150000 | TransDigm, Inc., Sr. Sub. Note, 6.375%, 6/15/2026 | &nbsp;&nbsp; 1131220 |
| &nbsp;&nbsp; 1675000 | TransDigm, Inc., Sr. Sub. Note, Series WI, 4.875%, 5/1/2029 | &nbsp;&nbsp; 1464152 |
| &nbsp;&nbsp; 675000 | TransDigm, Inc., Sr. Sub., 6.875%, 5/15/2026 | &nbsp;&nbsp; 666242 |
| &nbsp;&nbsp; 1275000 | TransDigm, Inc., Sr. Sub., Series WI, 5.500%, 11/15/2027 | &nbsp;&nbsp; 1203848 |
| &nbsp;&nbsp; 850000 | TransDigm, Inc., Sr. Sub., Series WI, 7.500%, 3/15/2027 | &nbsp;&nbsp; 853294 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 8033810 |
|  | **Airlines—0.2%** |  |
| &nbsp;&nbsp; 1000000 | American Airlines, Inc./AAdvantage Loyalty IP Ltd., 144A, 5.500%, 4/20/2026 | &nbsp;&nbsp; 971498 |
|  | **Automotive—5.6%** |  |
| &nbsp;&nbsp; 2775000 | Adient Global Holdings Ltd., Sr. Unsecd. Note, 144A, 4.875%, 8/15/2026 | &nbsp;&nbsp; 2594445 |
| &nbsp;&nbsp; 525000 | Dana Financing Lux Sarl, Sr. Unsecd. Note, 144A, 5.750%, 4/15/2025 | &nbsp;&nbsp; 515161 |
| &nbsp;&nbsp; 125000 | Dana, Inc., Sr. Unsecd. Note, 4.250%, 9/1/2030 | &nbsp;&nbsp; 100155 |
| &nbsp;&nbsp; 550000 | Dana, Inc., Sr. Unsecd. Note, 4.500%, 2/15/2032 | &nbsp;&nbsp; 431718 |
| &nbsp;&nbsp; 3350000 | Dornoch Debt Merger Sub, Inc., Sr. Unsecd. Note, 144A, 6.625%, 10/15/2029 | &nbsp;&nbsp; 2233502 |
| &nbsp;&nbsp; 2050000 | Ford Motor Credit Co. LLC, Sr. Unsecd. Note, 3.375%, 11/13/2025 | &nbsp;&nbsp; 1893687 |
| &nbsp;&nbsp; 1650000 | Ford Motor Credit Co. LLC, Sr. Unsecd. Note, 4.000%, 11/13/2030 | &nbsp;&nbsp; 1397699 |
| &nbsp;&nbsp; 825000 | Ford Motor Credit Co. LLC, Sr. Unsecd. Note, 4.063%, 11/1/2024 | &nbsp;&nbsp; 797359 |
| &nbsp;&nbsp; 1250000 | Ford Motor Credit Co. LLC, Sr. Unsecd. Note, 4.125%, 8/17/2027 | &nbsp;&nbsp; 1141919 |
| &nbsp;&nbsp; 1225000 | Ford Motor Credit Co. LLC, Sr. Unsecd. Note, 4.271%, 1/9/2027 | &nbsp;&nbsp; 1135783 |
| &nbsp;&nbsp; 2600000 | Ford Motor Credit Co. LLC, Sr. Unsecd. Note, 5.113%, 5/3/2029 | &nbsp;&nbsp; 2427204 |
| &nbsp;&nbsp; 3525000 | Ford Motor Credit Co. LLC, Sr. Unsecd. Note, 5.125%, 6/16/2025 | &nbsp;&nbsp; 3417318 |
| &nbsp;&nbsp; 1150000 | Ford Motor Credit Co. LLC, Sr. Unsecd. Note, Series GMTN, 4.389%, 1/8/2026 | &nbsp;&nbsp; 1095122 |
| &nbsp;&nbsp; 1200000 | IHO Verwaltungs GmbH, Sec. Fac. Bond, 144A, 6.000%, 5/15/2027 | &nbsp;&nbsp; 1038265 |
| &nbsp;&nbsp; 1025000 | IHO Verwaltungs GmbH, Sec. Fac. Bond, 144A, 6.375%, 5/15/2029 | &nbsp;&nbsp; 872403 |
| &nbsp;&nbsp; 412000 | KAR Auction Services, Inc., Sr. Unsecd. Note, 144A, 5.125%, 6/1/2025 | &nbsp;&nbsp; 402889 |
| &nbsp;&nbsp; 5700000 | Panther BF Aggregator 2 LP, Sr. Unsecd. Note, 144A, 8.500%, 5/15/2027 | &nbsp;&nbsp; 5585726 |
| &nbsp;&nbsp; 3075000 | Real Hero Merger Sub 2, Inc., Sr. Unsecd. Note, 144A, 6.250%, 2/1/2029 | &nbsp;&nbsp; 2126977 |
| &nbsp;&nbsp; 1600000 | Schaeffler Verwaltung Zw, 144A, 4.750%, 9/15/2026 | &nbsp;&nbsp; 1369083 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 30576415 |
|  | **Building Materials—3.7%** |  |
| &nbsp;&nbsp; 200000 | Abc Supply Co., Inc., Sr. Unsecd. Note, 144A, 3.875%, 11/15/2029 | &nbsp;&nbsp; 165300 |
| &nbsp;&nbsp; 975000 | American Builders & Contractors Supply Co., Inc., 144A, 4.000%, 1/15/2028 | &nbsp;&nbsp; 883457 |
| &nbsp;&nbsp; 1125000 | Camelot Return Merger SU, Sec. Fac. Bond, 144A, 8.750%, 8/1/2028 | &nbsp;&nbsp; 1013715 |
| &nbsp;&nbsp; 600000 | Cornerstone Building Brands, Sr. Unsecd. Note, 144A, 6.125%, 1/15/2029 | &nbsp;&nbsp; 405756 |
| &nbsp;&nbsp; 3025000 | Cp Atlas Buyer, Inc., Sr. Unsecd. Note, 144A, 7.000%, 12/1/2028 | &nbsp;&nbsp; 2218232 |
| &nbsp;&nbsp; 2950000 | Foundation Building Materials, Inc., Sr. Unsecd. Note, 144A, 6.000%, 3/1/2029 | &nbsp;&nbsp; 2206709 |
| &nbsp;&nbsp; 1625000 | Gyp Holdings III Corp., Sr. Unsecd. Note, 144A, 4.625%, 5/1/2029 | &nbsp;&nbsp; 1317825 |
| &nbsp;&nbsp; 650000 | Interface, Inc., Sr. Unsecd. Note, 144A, 5.500%, 12/1/2028 | &nbsp;&nbsp; 525762 |
| &nbsp;&nbsp; 600000 | MIWD Holdco II LLC/ MIWD Finance Corp., Sr. Unsecd. Note, 144A, 5.500%, 2/1/2030 | &nbsp;&nbsp; 492717 |
| &nbsp;&nbsp; 2425000 | Srs Distribution, Inc., Sr. Unsecd. Note, 144A, 6.000%, 12/1/2029 | &nbsp;&nbsp; 1991045 |
| &nbsp;&nbsp; 1775000 | Srs Distribution, Inc., Sr. Unsecd. Note, 144A, 6.125%, 7/1/2029 | &nbsp;&nbsp; 1475120 |
| &nbsp;&nbsp; 1475000 | Standard Industries, Inc., Sr. Unsecd. Note, 144A, 3.375%, 1/15/2031 | &nbsp;&nbsp; 1133043 |
| &nbsp;&nbsp; 1125000 | Standard Industries, Inc., Sr. Unsecd. Note, 144A, 4.375%, 7/15/2030 | &nbsp;&nbsp; 924131 |
| &nbsp;&nbsp; 500000 | Standard Industries, Inc., Sr. Unsecd. Note, 144A, 4.750%, 1/15/2028 | &nbsp;&nbsp; 453900 |

---

**1**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Building Materials—continued** |  |
| $2325000 | Standard Industries, Inc., Sr. Unsecd. Note, 144A, 5.000%, 2/15/2027 | $2142921 |
| &nbsp;&nbsp; 1700000 | White Cap Buyer LLC, Sr. Unsecd. Note, 144A, 6.875%, 10/15/2028 | &nbsp;&nbsp; 1467633 |
| &nbsp;&nbsp; 1600000 | White Cap Parent LLC, Sr. Sub. Secd. Note, 144A, 8.250%, 3/15/2026 | &nbsp;&nbsp; 1364455 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 20181721 |
|  | **Cable Satellite—8.4%** |  |
| &nbsp;&nbsp; 325000 | CCO Holdings LLC/Cap Corp., Sr. Sub. Secd. Note, 144A, 5.500%, 5/1/2026 | &nbsp;&nbsp; 315653 |
| &nbsp;&nbsp; 1475000 | CCO Holdings LLC/Cap Corp., Sr. Unsecd. Note, 4.500%, 5/1/2032 | &nbsp;&nbsp; 1218822 |
| &nbsp;&nbsp; 1150000 | CCO Holdings LLC/Cap Corp., Sr. Unsecd. Note, 144A, 4.250%, 2/1/2031 | &nbsp;&nbsp; 935410 |
| &nbsp;&nbsp; 1775000 | CCO Holdings LLC/Cap Corp., Sr. Unsecd. Note, 144A, 4.500%, 8/15/2030 | &nbsp;&nbsp; 1497639 |
| &nbsp;&nbsp; 1375000 | CCO Holdings LLC/Cap Corp., Sr. Unsecd. Note, 144A, 4.500%, 6/1/2033 | &nbsp;&nbsp; 1092788 |
| &nbsp;&nbsp; 1475000 | CCO Holdings LLC/Cap Corp., Sr. Unsecd. Note, 144A, 4.750%, 3/1/2030 | &nbsp;&nbsp; 1269898 |
| &nbsp;&nbsp; 450000 | CCO Holdings LLC/Cap Corp., Sr. Unsecd. Note, 144A, 4.750%, 2/1/2032 | &nbsp;&nbsp; 376873 |
| &nbsp;&nbsp; 1900000 | CCO Holdings LLC/Cap Corp., Sr. Unsecd. Note, 144A, 5.000%, 2/1/2028 | &nbsp;&nbsp; 1749767 |
| &nbsp;&nbsp; 2750000 | CCO Holdings LLC/Cap Corp., Sr. Unsecd. Note, 144A, 5.125%, 5/1/2027 | &nbsp;&nbsp; 2605941 |
| &nbsp;&nbsp; 500000 | CSC Holdings LLC, Sr. Unsecd. Note, 144A, 3.375%, 2/15/2031 | &nbsp;&nbsp; 361555 |
| &nbsp;&nbsp; 1200000 | CSC Holdings LLC, Sr. Unsecd. Note, 144A, 4.500%, 11/15/2031 | &nbsp;&nbsp; 915956 |
| &nbsp;&nbsp; 1825000 | CSC Holdings LLC, Sr. Unsecd. Note, 144A, 4.625%, 12/1/2030 | &nbsp;&nbsp; 1160248 |
| &nbsp;&nbsp; 1300000 | CSC Holdings LLC, Sr. Unsecd. Note, 144A, 5.000%, 11/15/2031 | &nbsp;&nbsp; 823628 |
| &nbsp;&nbsp; 3750000 | CSC Holdings LLC, Sr. Unsecd. Note, 144A, 5.500%, 4/15/2027 | &nbsp;&nbsp; 3440587 |
| &nbsp;&nbsp; 1775000 | CSC Holdings LLC, Sr. Unsecd. Note, 144A, 5.750%, 1/15/2030 | &nbsp;&nbsp; 1211535 |
| &nbsp;&nbsp; 275000 | CSC Holdings LLC, Sr. Unsecd. Note, 144A, 6.500%, 2/1/2029 | &nbsp;&nbsp; 250938 |
| &nbsp;&nbsp; 2350000 | CSC Holdings LLC, Sr. Unsecd. Note, 144A, 7.500%, 4/1/2028 | &nbsp;&nbsp; 1835009 |
| &nbsp;&nbsp; 1250000 | DIRECTV Holdings LLC, Sec. Fac. Bond, 144A, 5.875%, 8/15/2027 | &nbsp;&nbsp; 1148431 |
| &nbsp;&nbsp; 725000 | DISH DBS Corp., Sec. Fac. Bond, 144A, 5.750%, 12/1/2028 | &nbsp;&nbsp; 589371 |
| &nbsp;&nbsp; 750000 | DISH DBS Corp., Sr. Unsecd. Note, 7.375%, 7/1/2028 | &nbsp;&nbsp; 554400 |
| &nbsp;&nbsp; 1325000 | DISH DBS Corp., Sr. Unsecd. Note, 7.750%, 7/1/2026 | &nbsp;&nbsp; 1111827 |
| &nbsp;&nbsp; 2075000 | DISH DBS Corp., Sr. Unsecd. Note, Series WI, 5.125%, 6/1/2029 | &nbsp;&nbsp; 1369500 |
| &nbsp;&nbsp; 950000 | DISH Network Corp., Sec. Fac. Bond, 144A, 11.750%, 11/15/2027 | &nbsp;&nbsp; 977626 |
| &nbsp;&nbsp; 1475000 | Doyla Holdco 18 Designated Activity Co., Sr. Unsecd. Note, 144A, 5.000%, 7/15/2028 | &nbsp;&nbsp; 1266369 |
| &nbsp;&nbsp; 1400000<br><sup>1,2,3</sup> <br>| Intelsat Jackson Holdings S.A., Sr. Unsecd. Note, 5.500%, 8/1/2023 | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp; 325000<br><sup>1,2,3</sup> <br>| Intelsat Jackson Holdings S.A., Sr. Unsecd. Note, 144A, 8.500%, 10/15/2024 | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp; 475000<br><sup>1,2,3</sup> <br>| Intelsat Jackson Holdings S.A., Sr. Unsecd. Note, 144A, 9.750%, 7/15/2025 | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp; 675000 | Sirius XM Radio, Inc., Sr. Unsecd. Note, 144A, 3.125%, 9/1/2026 | &nbsp;&nbsp; 610227 |
| &nbsp;&nbsp; 1650000 | Sirius XM Radio, Inc., Sr. Unsecd. Note, 144A, 3.875%, 9/1/2031 | &nbsp;&nbsp; 1350583 |
| &nbsp;&nbsp; 1025000 | Sirius XM Radio, Inc., Sr. Unsecd. Note, 144A, 4.000%, 7/15/2028 | &nbsp;&nbsp; 906941 |
| &nbsp;&nbsp; 1425000 | Sirius XM Radio, Inc., Sr. Unsecd. Note, 144A, 4.125%, 7/1/2030 | &nbsp;&nbsp; 1204125 |
| &nbsp;&nbsp; 975000 | Sirius XM Radio, Inc., Sr. Unsecd. Note, 144A, 5.500%, 7/1/2029 | &nbsp;&nbsp; 908924 |
| &nbsp;&nbsp; 3400000 | Telenet Finance Luxembourg, Sec. Fac. Bond, 144A, 5.500%, 3/1/2028 | &nbsp;&nbsp; 3070200 |
| &nbsp;&nbsp; 3125000 | UPC Broadband Finco BV, Sr. Note, 144A, 4.875%, 7/15/2031 | &nbsp;&nbsp; 2675937 |
| &nbsp;&nbsp; 1550000 | Virgin Media Finance PLC, Sr. Unsecd. Note, 144A, 5.000%, 7/15/2030 | &nbsp;&nbsp; 1292305 |
| &nbsp;&nbsp; 275000 | Virgin Media Secured Finance PLC, Sec. Fac. Bond, 144A, 4.500%, 8/15/2030 | &nbsp;&nbsp; 230039 |
| &nbsp;&nbsp; 500000 | Vmed O2 UK Financing I PLC, Sec. Fac. Bond, 144A, 4.250%, 1/31/2031 | &nbsp;&nbsp; 402010 |
| &nbsp;&nbsp; 1775000 | Vmed O2 UK Financing I PLC, Sr. Note, 144A, 4.750%, 7/15/2031 | &nbsp;&nbsp; 1476853 |
| &nbsp;&nbsp; 1725000 | VZ Secured Financing B.V., Sec. Fac. Bond, 144A, 5.000%, 1/15/2032 | &nbsp;&nbsp; 1429611 |
| &nbsp;&nbsp; 2550000 | Ziggo Finance BV, Sr. Unsecd. Note, 144A, 6.000%, 1/15/2027 | &nbsp;&nbsp; 2356608 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 45994134 |
|  | **Chemicals—2.2%** |  |
| &nbsp;&nbsp; 350000 | Axalta Coat/Dutch Holding BV, Sr. Unsecd. Note, 144A, 4.750%, 6/15/2027 | &nbsp;&nbsp; 321367 |
| &nbsp;&nbsp; 425000 | Axalta Coating Systems LLC, Sr. Unsecd. Note, 144A, 3.375%, 2/15/2029 | &nbsp;&nbsp; 348500 |
| &nbsp;&nbsp; 350000 | Cheever Escrow Issuer, Sec. Fac. Bond, 144A, 7.125%, 10/1/2027 | &nbsp;&nbsp; 327833 |

---

**2**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Chemicals—continued** |  |
| $1200000 | Compass Minerals International, Inc., Sr. Unsecd. Note, 144A, 4.875%, 7/15/2024 | $1147188 |
| &nbsp;&nbsp; 975000 | Element Solutions, Inc., Sr. Unsecd. Note, 144A, 3.875%, 9/1/2028 | &nbsp;&nbsp; 834678 |
| &nbsp;&nbsp; 375000 | H.B. Fuller Co., Sr. Unsecd. Note, 4.250%, 10/15/2028 | &nbsp;&nbsp; 332678 |
| &nbsp;&nbsp; 2475000 | Herens Holdco S.a.r.l., Sec. Fac. Bond, 144A, 4.750%, 5/15/2028 | &nbsp;&nbsp; 1983972 |
| &nbsp;&nbsp; 3250000 | Koppers, Inc., Sr. Unsecd. Note, 144A, 6.000%, 2/15/2025 | &nbsp;&nbsp; 3031844 |
| &nbsp;&nbsp; 975000 | Olympus Water US Holding Corp., Sec. Fac. Bond, 144A, 4.250%, 10/1/2028 | &nbsp;&nbsp; 791680 |
| &nbsp;&nbsp; 1700000 | Olympus Water US Holding Corp., Sr. Unsecd. Note, 144A, 6.250%, 10/1/2029 | &nbsp;&nbsp; 1229559 |
| &nbsp;&nbsp; 1750000 | Polar US Borrower LLC, Sr. Unsecd. Note, 144A, 6.750%, 5/15/2026 | &nbsp;&nbsp; 732962 |
| &nbsp;&nbsp; 325000 | SPCM SA, Sr. Unsecd. Note, 144A, 3.375%, 3/15/2030 | &nbsp;&nbsp; 259366 |
| &nbsp;&nbsp; 925000 | WR Grace Holdings LLC, Sr. Unsecd. Note, 144A, 5.625%, 8/15/2029 | &nbsp;&nbsp; 764920 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 12106547 |
|  | **Construction Machinery—0.7%** |  |
| &nbsp;&nbsp; 2325000 | H&E Equipment Services, Inc., Sr. Unsecd. Note, 144A, 3.875%, 12/15/2028 | &nbsp;&nbsp; 2013206 |
| &nbsp;&nbsp; 925000 | United Rentals North America, Inc., Sr. Unsecd. Note, 4.000%, 7/15/2030 | &nbsp;&nbsp; 803612 |
| &nbsp;&nbsp; 575000 | United Rentals North America, Inc., Sr. Unsecd. Note, 4.875%, 1/15/2028 | &nbsp;&nbsp; 552147 |
| &nbsp;&nbsp; 725000 | United Rentals, Inc., Sr. Unsecd. Note, 3.875%, 2/15/2031 | &nbsp;&nbsp; 624616 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 3993581 |
|  | **Consumer Cyclical Services—2.4%** |  |
| &nbsp;&nbsp; 2425000 | Allied Universal Holdco LLC, Sr. Unsecd. Note, 144A, 6.000%, 6/1/2029 | &nbsp;&nbsp; 1742874 |
| &nbsp;&nbsp; 4650000 | Allied Universal Holdco LLC, Sr. Unsecd. Note, 144A, 9.750%, 7/15/2027 | &nbsp;&nbsp; 4204646 |
| &nbsp;&nbsp; 775000 | Garda World Security Corp., Sec. Fac. Bond, 144A, 4.625%, 2/15/2027 | &nbsp;&nbsp; 696958 |
| &nbsp;&nbsp; 2150000 | Garda World Security Corp., Sr. Unsecd. Note, 144A, 6.000%, 6/1/2029 | &nbsp;&nbsp; 1743650 |
| &nbsp;&nbsp; 800000 | Go Daddy Operating Co. LLC / GD Finance Co., Inc., Sr. Unsecd. Note, 144A, 5.250%, 12/1/2027 | &nbsp;&nbsp; 759490 |
| &nbsp;&nbsp; 3803000 | GW B-CR Security Corp., Sr. Unsecd. Note, 144A, 9.500%, 11/1/2027 | &nbsp;&nbsp; 3524407 |
| &nbsp;&nbsp; 1725000 | Signal Parent, Inc., Sr. Unsecd. Note, 144A, 6.125%, 4/1/2029 | &nbsp;&nbsp; 761587 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 13433612 |
|  | **Consumer Products—1.7%** |  |
| &nbsp;&nbsp; 3425000 | BCPE Empire Holdings, Inc., Sr. Unsecd. Note, 144A, 7.625%, 5/1/2027 | &nbsp;&nbsp; 3101183 |
| &nbsp;&nbsp; 2800000 | Diamond BC BV, Sr. Unsecd. Note, 144A, 4.625%, 10/1/2029 | &nbsp;&nbsp; 2115946 |
| &nbsp;&nbsp; 1075000 | Edgewell Personal Care Co., Sr. Unsecd. Note, 144A, 4.125%, 4/1/2029 | &nbsp;&nbsp; 935573 |
| &nbsp;&nbsp; 1450000 | Energizer Holdings, Inc., Sr. Unsecd. Note, 144A, 4.375%, 3/31/2029 | &nbsp;&nbsp; 1235741 |
| &nbsp;&nbsp; 1475000 | Energizer Holdings, Inc., Sr. Unsecd. Note, 144A, 4.750%, 6/15/2028 | &nbsp;&nbsp; 1288353 |
| &nbsp;&nbsp; 375000 | Energizer Holdings, Inc., Sr. Unsecd. Note, 144A, 6.500%, 12/31/2027 | &nbsp;&nbsp; 355741 |
| &nbsp;&nbsp; 425000 | Prestige Brands, Inc., Sr. Unsecd. Note, 144A, 3.750%, 4/1/2031 | &nbsp;&nbsp; 359582 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 9392119 |
|  | **Diversified Manufacturing—0.9%** |  |
| &nbsp;&nbsp; 3725000 | Gates Global LLC, Sr. Unsecd. Note, 144A, 6.250%, 1/15/2026 | &nbsp;&nbsp; 3596823 |
| &nbsp;&nbsp; 1550000 | WESCO Distribution, Inc., Sr. Unsecd. Note, 144A, 7.125%, 6/15/2025 | &nbsp;&nbsp; 1571336 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 5168159 |
|  | **Finance Companies—2.0%** |  |
| &nbsp;&nbsp; 275000 | Navient Corp., Sr. Unsecd. Note, 5.000%, 3/15/2027 | &nbsp;&nbsp; 240617 |
| &nbsp;&nbsp; 2275000 | Navient Corp., Sr. Unsecd. Note, 5.500%, 3/15/2029 | &nbsp;&nbsp; 1860984 |
| &nbsp;&nbsp; 300000 | Navient Corp., Sr. Unsecd. Note, 6.750%, 6/25/2025 | &nbsp;&nbsp; 292575 |
| &nbsp;&nbsp; 975000 | Navient Corp., Sr. Unsecd. Note, 6.750%, 6/15/2026 | &nbsp;&nbsp; 930335 |
| &nbsp;&nbsp; 825000 | Quicken Loans LLC / Quicken Loans Co-Issuer, Inc., Sr. Unsecd. Note, 144A, 3.625%, 3/1/2029 | &nbsp;&nbsp; 665602 |
| &nbsp;&nbsp; 2250000 | Quicken Loans LLC / Quicken Loans Co-Issuer, Inc., Sr. Unsecd. Note, 144A, 3.875%, 3/1/2031 | &nbsp;&nbsp; 1743300 |
| &nbsp;&nbsp; 875000 | Rocket Mortgage Co-Issuer, Inc., Sr. Unsecd. Note, 144A, 2.875%, 10/15/2026 | &nbsp;&nbsp; 747176 |
| &nbsp;&nbsp; 425000 | Rocket Mortgage Co-Issuer, Inc., Sr. Unsecd. Note, 144A, 4.000%, 10/15/2033 | &nbsp;&nbsp; 312896 |
| &nbsp;&nbsp; 2050000 | United Shore Financial Services, Sr. Unsecd. Note, 144A, 5.500%, 11/15/2025 | &nbsp;&nbsp; 1902533 |
| &nbsp;&nbsp; 1950000 | United Wholesale Mortgage, LLC, Sr. Unsecd. Note, 144A, 5.500%, 4/15/2029 | &nbsp;&nbsp; 1615711 |

---

**3**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Finance Companies—continued** |  |
| $875000 | United Wholesale Mortgage, LLC, Sr. Unsecd. Note, 144A, 5.750%, 6/15/2027 | $775915 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 11087644 |
|  | **Food & Beverage—1.7%** |  |
| &nbsp;&nbsp; 1875000 | Aramark Services, Inc., Sr. Unsecd. Note, 144A, 6.375%, 5/1/2025 | &nbsp;&nbsp; 1873959 |
| &nbsp;&nbsp; 1750000 | Bellring Brands, Inc., Sr. Unsecd. Note, 144A, 7.000%, 3/15/2030 | &nbsp;&nbsp; 1692985 |
| &nbsp;&nbsp; 1100000 | Performance Food Group, Inc., Sr. Unsecd. Note, 144A, 4.250%, 8/1/2029 | &nbsp;&nbsp; 979006 |
| &nbsp;&nbsp; 250000 | Post Holdings, Inc., Sr. Unsecd. Note, 144A, 5.500%, 12/15/2029 | &nbsp;&nbsp; 230000 |
| &nbsp;&nbsp; 2050000 | Post Holdings, Inc., Sr. Unsecd. Note, 144A, 5.625%, 1/15/2028 | &nbsp;&nbsp; 1958836 |
| &nbsp;&nbsp; 928000 | Post Holdings, Inc., Sr. Unsecd. Note, 144A, 5.750%, 3/1/2027 | &nbsp;&nbsp; 905812 |
| &nbsp;&nbsp; 575000 | US Foods, Inc., Sr. Unsecd. Note, 144A, 4.625%, 6/1/2030 | &nbsp;&nbsp; 510982 |
| &nbsp;&nbsp; 1625000 | US Foods, Inc., Sr. Unsecd. Note, 144A, 4.750%, 2/15/2029 | &nbsp;&nbsp; 1450313 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 9601893 |
|  | **Gaming—3.2%** |  |
| &nbsp;&nbsp; 1925000 | Affinity Gaming LLC, 144A, 6.875%, 12/15/2027 | &nbsp;&nbsp; 1654595 |
| &nbsp;&nbsp; 400000 | Boyd Gaming Corp., Sr. Unsecd. Note, 4.750%, 12/1/2027 | &nbsp;&nbsp; 372682 |
| &nbsp;&nbsp; 425000 | Boyd Gaming Corp., Sr. Unsecd. Note, 144A, 4.750%, 6/15/2031 | &nbsp;&nbsp; 371378 |
| &nbsp;&nbsp; 600000 | Caesars Entertainment Corp., Sr. Unsecd. Note, 144A, 4.625%, 10/15/2029 | &nbsp;&nbsp; 503292 |
| &nbsp;&nbsp; 200000 | CCM Merger, Inc., Sr. Unsecd. Note, 144A, 6.375%, 5/1/2026 | &nbsp;&nbsp; 185492 |
| &nbsp;&nbsp; 1475000 | Colt Merger Sub, Inc., Sr. Secd. Note, 144A, 5.750%, 7/1/2025 | &nbsp;&nbsp; 1459380 |
| &nbsp;&nbsp; 1475000 | Colt Merger Sub, Inc., Sr. Secd. Note, 144A, 6.250%, 7/1/2025 | &nbsp;&nbsp; 1459767 |
| &nbsp;&nbsp; 1550000 | Colt Merger Sub, Inc., Sr. Unsecd. Note, 144A, 8.125%, 7/1/2027 | &nbsp;&nbsp; 1558029 |
| &nbsp;&nbsp; 1000000 | Midwest Gaming Borrower LLC, Sec. Fac. Bond, 144A, 4.875%, 5/1/2029 | &nbsp;&nbsp; 864720 |
| &nbsp;&nbsp; 3375000 | Mohegan Tribal Gaming Authority, 144A, 8.000%, 2/1/2026 | &nbsp;&nbsp; 3173226 |
| &nbsp;&nbsp; 450000 | Penn National Gaming, Inc., Sr. Unsecd. Note, 144A, 4.125%, 7/1/2029 | &nbsp;&nbsp; 367571 |
| &nbsp;&nbsp; 200000 | Penn National Gaming, Inc., Sr. Unsecd. Note, 144A, 5.625%, 1/15/2027 | &nbsp;&nbsp; 184717 |
| &nbsp;&nbsp; 150000 | Raptor Acquisition Corp. / Raptor Co-Issuer LLC, Sec. Fac. Bond, 144A, 4.875%, 11/1/2026 | &nbsp;&nbsp; 132580 |
| &nbsp;&nbsp; 1500000 | Scientific Games Holdings Corp., Sr. Unsecd. Note, 144A, 6.625%, 3/1/2030 | &nbsp;&nbsp; 1263786 |
| &nbsp;&nbsp; 550000 | Scientific Games International, Inc., Sr. Unsecd. Note, 144A, 7.250%, 11/15/2029 | &nbsp;&nbsp; 539488 |
| &nbsp;&nbsp; 1250000 | Scientific Games International, Inc., Sr. Unsecd. Note, 144A, 8.625%, 7/1/2025 | &nbsp;&nbsp; 1290794 |
| &nbsp;&nbsp; 650000 | Station Casinos, Inc., Sr. Unsecd. Note, 144A, 4.500%, 2/15/2028 | &nbsp;&nbsp; 574418 |
| &nbsp;&nbsp; 950000 | Station Casinos, Inc., Sr. Unsecd. Note, 144A, 4.625%, 12/1/2031 | &nbsp;&nbsp; 797515 |
| &nbsp;&nbsp; 100000 | VICI Properties LP/ VICI Note Co., Inc., Sr. Unsecd. Note, 144A, 3.500%, 2/15/2025 | &nbsp;&nbsp; 94253 |
| &nbsp;&nbsp; 500000 | VICI Properties LP/ VICI Note Co., Inc., Sr. Unsecd. Note, 144A, 5.625%, 5/1/2024 | &nbsp;&nbsp; 495787 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 17343470 |
|  | **Health Care—6.3%** |  |
| &nbsp;&nbsp; 1300000 | AdaptHealth LLC, Sr. Unsecd. Note, 144A, 4.625%, 8/1/2029 | &nbsp;&nbsp; 1087546 |
| &nbsp;&nbsp; 1150000 | AdaptHealth LLC, Sr. Unsecd. Note, 144A, 5.125%, 3/1/2030 | &nbsp;&nbsp; 978724 |
| &nbsp;&nbsp; 800000 | Ardent Health Services, Sr. Unsecd. Note, 144A, 5.750%, 7/15/2029 | &nbsp;&nbsp; 628304 |
| &nbsp;&nbsp; 2075000 | Avantor Funding, Inc., Sec. Fac. Bond, 144A, 4.625%, 7/15/2028 | &nbsp;&nbsp; 1911697 |
| &nbsp;&nbsp; 1350000 | Avantor Funding, Inc., Sr. Unsecd. Note, 144A, 3.875%, 11/1/2029 | &nbsp;&nbsp; 1159312 |
| &nbsp;&nbsp; 400000 | Charles River Laboratories International, Inc., Sr. Unsecd. Note, 144A, 3.750%, 3/15/2029 | &nbsp;&nbsp; 348528 |
| &nbsp;&nbsp; 1100000 | CHS/Community Health Systems, Inc., 144A, 6.125%, 4/1/2030 | &nbsp;&nbsp; 562991 |
| &nbsp;&nbsp; 2150000 | CHS/Community Health Systems, Inc., 144A, 6.875%, 4/15/2029 | &nbsp;&nbsp; 1154142 |
| &nbsp;&nbsp; 300000 | CHS/Community Health Systems, Inc., 144A, 8.000%, 12/15/2027 | &nbsp;&nbsp; 266247 |
| &nbsp;&nbsp; 675000 | CHS/Community Health Systems, Inc., Sec. Fac. Bond, 144A, 5.625%, 3/15/2027 | &nbsp;&nbsp; 574185 |
| &nbsp;&nbsp; 225000 | CHS/Community Health Systems, Inc., Sec. Fac. Bond, 144A, 6.000%, 1/15/2029 | &nbsp;&nbsp; 188144 |
| &nbsp;&nbsp; 850000 | CHS/Community Health Systems, Inc., Sec. Fac. Bond, 144A, 8.000%, 3/15/2026 | &nbsp;&nbsp; 785596 |
| &nbsp;&nbsp; 850000 | CHS/Community Health Systems, Inc., Sr. Note, 144A, 5.250%, 5/15/2030 | &nbsp;&nbsp; 649251 |
| &nbsp;&nbsp; 875000 | Davita, Inc., Sr. Unsecd. Note, 144A, 4.625%, 6/1/2030 | &nbsp;&nbsp; 709612 |
| &nbsp;&nbsp; 425000 | Embecta Corp., Sec. Fac. Bond, 144A, 5.000%, 2/15/2030 | &nbsp;&nbsp; 365243 |

---

**4**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Health Care—continued** |  |
| $1050000 | Embecta Corp., Sr. Note, 144A, 6.750%, 2/15/2030 | $960804 |
| &nbsp;&nbsp; 275000 | Garden Spinco Corp., Sr. Unsecd. Note, 144A, 8.625%, 7/20/2030 | &nbsp;&nbsp; 292257 |
| &nbsp;&nbsp; 2025000 | Global Medical Response, Inc., Sec. Fac. Bond, 144A, 6.500%, 10/1/2025 | &nbsp;&nbsp; 1527447 |
| &nbsp;&nbsp; 650000 | HCA, Inc., Sr. Unsecd. Note, 5.375%, 2/1/2025 | &nbsp;&nbsp; 649234 |
| &nbsp;&nbsp; 1750000 | HCA, Inc., Sr. Unsecd. Note, 5.875%, 2/15/2026 | &nbsp;&nbsp; 1765192 |
| &nbsp;&nbsp; 625000 | IMS Health, Inc., Sr. Unsecd. Note, 144A, 5.000%, 10/15/2026 | &nbsp;&nbsp; 602328 |
| &nbsp;&nbsp; 575000 | Iqvia, Inc., Sr. Unsecd. Note, 144A, 5.000%, 5/15/2027 | &nbsp;&nbsp; 549760 |
| &nbsp;&nbsp; 450000 | LifePoint Health, Inc., 144A, 6.750%, 4/15/2025 | &nbsp;&nbsp; 413348 |
| &nbsp;&nbsp; 600000 | LifePoint Health, Inc., Sec. Fac. Bond, 144A, 4.375%, 2/15/2027 | &nbsp;&nbsp; 498337 |
| &nbsp;&nbsp; 800000 | LifePoint Health, Inc., Sr. Unsecd. Note, 144A, 5.375%, 1/15/2029 | &nbsp;&nbsp; 470652 |
| &nbsp;&nbsp; 1200000 | LifePoint Health, Inc., Sr. Unsecd. Note, 144A, 9.750%, 12/1/2026 | &nbsp;&nbsp; 967842 |
| &nbsp;&nbsp; 925000 | MEDNAX, Inc., Sr. Unsecd. Note, 144A, 5.375%, 2/15/2030 | &nbsp;&nbsp; 782231 |
| &nbsp;&nbsp; 1325000 | Mozart Debt Merger Sub, Inc., Sec. Fac. Bond, 144A, 3.875%, 4/1/2029 | &nbsp;&nbsp; 1140673 |
| &nbsp;&nbsp; 5125000 | Mozart Debt Merger Sub, Inc., Sr. Unsecd. Note, 144A, 5.250%, 10/1/2029 | &nbsp;&nbsp; 4182641 |
| &nbsp;&nbsp; 375000 | MPH Acquisition Holdings LLC, Sr. Note, 144A, 5.500%, 9/1/2028 | &nbsp;&nbsp; 299957 |
| &nbsp;&nbsp; 1975000 | MPH Acquisition Holdings LLC, Sr. Unsecd. Note, 144A, 5.750%, 11/1/2028 | &nbsp;&nbsp; 1390449 |
| &nbsp;&nbsp; 825000 | Team Health Holdings, Inc., Sr. Unsecd. Note, 144A, 6.375%, 2/1/2025 | &nbsp;&nbsp; 481944 |
| &nbsp;&nbsp; 1150000 | Tenet Healthcare Corp., 144A, 4.250%, 6/1/2029 | &nbsp;&nbsp; 999126 |
| &nbsp;&nbsp; 700000 | Tenet Healthcare Corp., 144A, 4.875%, 1/1/2026 | &nbsp;&nbsp; 665343 |
| &nbsp;&nbsp; 1200000 | Tenet Healthcare Corp., 144A, 5.125%, 11/1/2027 | &nbsp;&nbsp; 1131342 |
| &nbsp;&nbsp; 350000 | Tenet Healthcare Corp., 144A, 6.125%, 6/15/2030 | &nbsp;&nbsp; 332077 |
| &nbsp;&nbsp; 875000 | Tenet Healthcare Corp., 144A, 6.250%, 2/1/2027 | &nbsp;&nbsp; 839510 |
| &nbsp;&nbsp; 401000 | Tenet Healthcare Corp., Sr. Secd. Note, 4.625%, 7/15/2024 | &nbsp;&nbsp; 392980 |
| &nbsp;&nbsp; 2200000 | Tenet Healthcare Corp., Sr. Unsecd. Note, 144A, 6.125%, 10/1/2028 | &nbsp;&nbsp; 1944965 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 34649961 |
|  | **Health Insurance—0.6%** |  |
| &nbsp;&nbsp; 575000 | Centene Corp., Sr. Unsecd. Note, 2.450%, 7/15/2028 | &nbsp;&nbsp; 484138 |
| &nbsp;&nbsp; 1225000 | Centene Corp., Sr. Unsecd. Note, Series WI, 3.375%, 2/15/2030 | &nbsp;&nbsp; 1045039 |
| &nbsp;&nbsp; 1725000 | Centene Corp., Sr. Unsecd. Note, Series WI, 4.625%, 12/15/2029 | &nbsp;&nbsp; 1606199 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 3135376 |
|  | **Independent Energy—4.7%** |  |
| &nbsp;&nbsp; 975000 | Antero Resources Corp., Sr. Unsecd. Note, 144A, 5.375%, 3/1/2030 | &nbsp;&nbsp; 914794 |
| &nbsp;&nbsp; 123000 | Antero Resources Corp., Sr. Unsecd. Note, 144A, 7.625%, 2/1/2029 | &nbsp;&nbsp; 125649 |
| &nbsp;&nbsp; 425000 | Ascent Resources Utica Holdings LLC/ ARU Finance Corp., Sr. Unsecd. Note, 144A, 5.875%, 6/30/2029 | &nbsp;&nbsp; 383752 |
| &nbsp;&nbsp; 1300000 | Ascent Resources Utica Holdings LLC/ ARU Finance Corp., Sr. Unsecd. Note, 144A, 7.000%, 11/1/2026 | &nbsp;&nbsp; 1276113 |
| &nbsp;&nbsp; 500000 | Ascent Resources Utica Holdings LLC/ ARU Finance Corp., Sr. Unsecd. Note, 144A, 8.250%, 12/31/2028 | &nbsp;&nbsp; 499162 |
| &nbsp;&nbsp; 106000 | Ascent Resources Utica Holdings LLC/ ARU Finance Corp., Sr. Unsecd. Note, 144A, 9.000%, 11/1/2027 | &nbsp;&nbsp; 131320 |
| &nbsp;&nbsp; 725000 | Berry Petroleum Co., Sr. Unsecd. Note, 144A, 7.000%, 2/15/2026 | &nbsp;&nbsp; 687507 |
| &nbsp;&nbsp; 400000 | Callon Petroleum Corp., Sr. Unsecd. Note, 144A, 7.500%, 6/15/2030 | &nbsp;&nbsp; 381114 |
| &nbsp;&nbsp; 550000 | Callon Petroleum Corp., Sr. Unsecd. Note, Series WI, 6.375%, 7/1/2026 | &nbsp;&nbsp; 528764 |
| &nbsp;&nbsp; 175000 | Carrizo Oil & Gas, Inc., Sr. Unsecd. Note, 8.250%, 7/15/2025 | &nbsp;&nbsp; 175028 |
| &nbsp;&nbsp; 1275000<br><sup>1,3</sup> <br>| Chesapeake Energy Corp., Sr. Unsecd. Note, 7.000%, 10/1/2024 | &nbsp;&nbsp; 31875 |
| &nbsp;&nbsp; 175000 | Chesapeake Energy Corp., Sr. Unsecd. Note, 144A, 5.875%, 2/1/2029 | &nbsp;&nbsp; 168292 |
| &nbsp;&nbsp; 225000 | Chord Energy Corp., Sr. Unsecd. Note, 144A, 6.375%, 6/1/2026 | &nbsp;&nbsp; 220193 |
| &nbsp;&nbsp; 475000 | Comstock Resources, Inc., Sr. Unsecd. Note, 144A, 5.875%, 1/15/2030 | &nbsp;&nbsp; 438282 |
| &nbsp;&nbsp; 2000000 | Comstock Resources, Inc., Sr. Unsecd. Note, 144A, 6.750%, 3/1/2029 | &nbsp;&nbsp; 1955630 |
| &nbsp;&nbsp; 250000 | Crownrock LP/ Crownrock F, Sr. Unsecd. Note, 144A, 5.000%, 5/1/2029 | &nbsp;&nbsp; 230600 |
| &nbsp;&nbsp; 2225000 | Crownrock LP/ Crownrock F, Sr. Unsecd. Note, 144A, 5.625%, 10/15/2025 | &nbsp;&nbsp; 2175227 |
| &nbsp;&nbsp; 425000 | Endeavor Energy Resources LP, Sr. Unsecd. Note, 144A, 5.750%, 1/30/2028 | &nbsp;&nbsp; 418882 |
| &nbsp;&nbsp; 975000 | Occidental Petroleum Corp., Sr. Unsecd. Note, 5.875%, 9/1/2025 | &nbsp;&nbsp; 985042 |

---

**5**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Independent Energy—continued** |  |
| $450000 | Occidental Petroleum Corp., Sr. Unsecd. Note, 6.125%, 1/1/2031 | $457110 |
| &nbsp;&nbsp; 1100000 | Occidental Petroleum Corp., Sr. Unsecd. Note, 6.450%, 9/15/2036 | &nbsp;&nbsp; 1104092 |
| &nbsp;&nbsp; 1100000 | Occidental Petroleum Corp., Sr. Unsecd. Note, 6.625%, 9/1/2030 | &nbsp;&nbsp; 1148950 |
| &nbsp;&nbsp; 1375000 | Occidental Petroleum Corp., Sr. Unsecd. Note, 8.875%, 7/15/2030 | &nbsp;&nbsp; 1578026 |
| &nbsp;&nbsp; 200000 | PDC Energy, Inc., Sr. Unsecd. Note, 6.125%, 9/15/2024 | &nbsp;&nbsp; 198991 |
| &nbsp;&nbsp; 1100000 | PDC Energy, Inc., Sr. Unsecd. Note, Series WI, 5.750%, 5/15/2026 | &nbsp;&nbsp; 1052062 |
| &nbsp;&nbsp; 375000 | Permian Resources Operating LLC, Sr. Unsecd. Note, 144A, 5.375%, 1/15/2026 | &nbsp;&nbsp; 348547 |
| &nbsp;&nbsp; 1425000 | Permian Resources Operating LLC, Sr. Unsecd. Note, 144A, 6.875%, 4/1/2027 | &nbsp;&nbsp; 1381203 |
| &nbsp;&nbsp; 492000 | Range Resources Corp., Sr. Unsecd. Note, 4.875%, 5/15/2025 | &nbsp;&nbsp; 477388 |
| &nbsp;&nbsp; 113000 | Range Resources Corp., Sr. Unsecd. Note, 5.000%, 3/15/2023 | &nbsp;&nbsp; 112560 |
| &nbsp;&nbsp; 650000 | Range Resources Corp., Sr. Unsecd. Note, 8.250%, 1/15/2029 | &nbsp;&nbsp; 678905 |
| &nbsp;&nbsp; 350000 | Range Resources Corp., Sr. Unsecd. Note, 144A, 4.750%, 2/15/2030 | &nbsp;&nbsp; 314566 |
| &nbsp;&nbsp; 775000 | Rockcliff Energy II LLC, Sr. Unsecd. Note, 144A, 5.500%, 10/15/2029 | &nbsp;&nbsp; 712008 |
| &nbsp;&nbsp; 675000 | SM Energy Co., Sr. Unsecd. Note, 6.625%, 1/15/2027 | &nbsp;&nbsp; 662644 |
| &nbsp;&nbsp; 1000000 | SM Energy Co., Sr. Unsecd. Note, 6.750%, 9/15/2026 | &nbsp;&nbsp; 981695 |
| &nbsp;&nbsp; 600000 | Southwestern Energy Co., Sr. Unsecd. Note, 4.750%, 2/1/2032 | &nbsp;&nbsp; 525249 |
| &nbsp;&nbsp; 300000 | Southwestern Energy Co., Sr. Unsecd. Note, 5.375%, 3/15/2030 | &nbsp;&nbsp; 282423 |
| &nbsp;&nbsp; 975000 | Southwestern Energy Co., Sr. Unsecd. Note, 8.375%, 9/15/2028 | &nbsp;&nbsp; 1014198 |
| &nbsp;&nbsp; 1075000 | Tap Rock Resources LLC, Sr. Unsecd. Note, 144A, 7.000%, 10/1/2026 | &nbsp;&nbsp; 1007055 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 25764898 |
|  | **Industrial - Other—1.4%** |  |
| &nbsp;&nbsp; 225000 | Booz Allen Hamilton, Inc., Sr. Unsecd. Note, 144A, 4.000%, 7/1/2029 | &nbsp;&nbsp; 199930 |
| &nbsp;&nbsp; 200000 | Madison Iaq LLC, Sec. Fac. Bond, 144A, 4.125%, 6/30/2028 | &nbsp;&nbsp; 173158 |
| &nbsp;&nbsp; 4325000 | Madison Iaq LLC Sr. Unsecd. Note, 144A, 5.875%, 6/30/2029 | &nbsp;&nbsp; 3204782 |
| &nbsp;&nbsp; 2150000 | Redwood Star Merger Sub, Sr. Unsecd. Note, 144A, 8.750%, 4/1/2030 | &nbsp;&nbsp; 1803560 |
| &nbsp;&nbsp; 1099000 | Vertical Holdco GmbH, Sr. Unsecd. Note, 144A, 7.625%, 7/15/2028 | &nbsp;&nbsp; 913912 |
| &nbsp;&nbsp; 1750000 | Vertical U.S. Newco, Inc., Sr. Unsecd. Note, 144A, 5.250%, 7/15/2027 | &nbsp;&nbsp; 1590741 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 7886083 |
|  | **Insurance - P&C—6.1%** |  |
| &nbsp;&nbsp; 2750000 | AmWINS Group, Inc., Sr. Unsecd. Note, 144A, 4.875%, 6/30/2029 | &nbsp;&nbsp; 2379539 |
| &nbsp;&nbsp; 1987700 | Ardonagh Midco 2 PLC, Sr. Unsecd. Note, 144A, 11.500% / 12.750% PIK, 1/15/2027 | &nbsp;&nbsp; 1933038 |
| &nbsp;&nbsp; 2000000 | AssuredPartners, Inc., Sr. Unsecd. Note, 144A, 5.625%, 1/15/2029 | &nbsp;&nbsp; 1702000 |
| &nbsp;&nbsp; 2725000 | AssuredPartners, Inc., Sr. Unsecd. Note, 144A, 7.000%, 8/15/2025 | &nbsp;&nbsp; 2618933 |
| &nbsp;&nbsp; 4900000 | Broadstreet Partners, Inc., Sr. Unsecd. Note, 144A, 5.875%, 4/15/2029 | &nbsp;&nbsp; 4173061 |
| &nbsp;&nbsp; 825000 | GTCR AP Finance, Inc., Sr. Unsecd. Note, 144A, 8.000%, 5/15/2027 | &nbsp;&nbsp; 797279 |
| &nbsp;&nbsp; 3375000 | Hub International Ltd., Sr. Unsecd. Note, 144A, 5.625%, 12/1/2029 | &nbsp;&nbsp; 2961342 |
| &nbsp;&nbsp; 7275000 | Hub International Ltd., Sr. Unsecd. Note, 144A, 7.000%, 5/1/2026 | &nbsp;&nbsp; 7212653 |
| &nbsp;&nbsp; 625000 | NFP Corp., Sec. Fac. Bond, 144A, 7.500%, 10/1/2030 | &nbsp;&nbsp; 603404 |
| &nbsp;&nbsp; 6025000 | NFP Corp., Sr. Unsecd. Note, 144A, 6.875%, 8/15/2028 | &nbsp;&nbsp; 5104410 |
| &nbsp;&nbsp; 4075000 | USIS Merger Subsidiary, Inc., Sr. Unsecd. Note, 144A, 6.875%, 5/1/2025 | &nbsp;&nbsp; 3999269 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 33484928 |
|  | **Leisure—0.3%** |  |
| &nbsp;&nbsp; 1800000 | SeaWorld Parks & Entertainment, Inc., Sr. Unsecd. Note, 144A, 5.250%, 8/15/2029 | &nbsp;&nbsp; 1553400 |
|  | **Lodging—0.3%** |  |
| &nbsp;&nbsp; 950000 | Hilton Domestic Operating Company, Inc., Sr. Unsecd. Note, 144A, 3.625%, 2/15/2032 | &nbsp;&nbsp; 783147 |
| &nbsp;&nbsp; 200000 | Hilton Domestic Operating Company, Inc., Sr. Unsecd. Note, 144A, 5.750%, 5/1/2028 | &nbsp;&nbsp; 196278 |
| &nbsp;&nbsp; 525000 | Hilton Domestic Operating Company, Inc., Sr. Unsecd. Note, Series WI, 4.875%, 1/15/2030 | &nbsp;&nbsp; 486559 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 1465984 |
|  | **Media Entertainment—6.2%** |  |
| &nbsp;&nbsp; 2025000 | Audacy Capital Corp., 144A, 6.500%, 5/1/2027 | &nbsp;&nbsp; 519038 |

---

**6**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Media Entertainment—continued** |  |
| $1350000 | Audacy Capital Corp., 144A, 6.750%, 3/31/2029 | $307004 |
| &nbsp;&nbsp; 959000 | Cumulus Media News Holdings, Inc., 144A, 6.750%, 7/1/2026 | &nbsp;&nbsp; 805176 |
| &nbsp;&nbsp; 475000 | Diamond Sports Group LLC / Diamond Sports Finance Co., 144A, 5.375%, 8/15/2026 | &nbsp;&nbsp; 77797 |
| &nbsp;&nbsp; 1575000 | Diamond Sports Group LLC / Diamond Sports Finance Co., Sec. Fac. Bond, 144A, 6.625%, 8/15/2027 | &nbsp;&nbsp; 62134 |
| &nbsp;&nbsp; 1375000 | Gray Escrow II, Inc., Sr. Unsecd. Note, 144A, 5.375%, 11/15/2031 | &nbsp;&nbsp; 1051572 |
| &nbsp;&nbsp; 1050000 | Gray Television, Inc., Sr. Unsecd. Note, 144A, 4.750%, 10/15/2030 | &nbsp;&nbsp; 778628 |
| &nbsp;&nbsp; 2100000 | Gray Television, Inc., Sr. Unsecd. Note, 144A, 5.875%, 7/15/2026 | &nbsp;&nbsp; 1937250 |
| &nbsp;&nbsp; 146192 | iHeartCommunications, Inc., 6.375%, 5/1/2026 | &nbsp;&nbsp; 138515 |
| &nbsp;&nbsp; 325000 | iHeartCommunications, Inc., 144A, 5.250%, 8/15/2027 | &nbsp;&nbsp; 289915 |
| &nbsp;&nbsp; 4389973 | iHeartCommunications, Inc., Sr. Unsecd. Note, 8.375%, 5/1/2027 | &nbsp;&nbsp; 3914276 |
| &nbsp;&nbsp; 675000 | Lamar Media Corp., Sr. Unsecd. Note, 4.875%, 1/15/2029 | &nbsp;&nbsp; 624962 |
| &nbsp;&nbsp; 350000 | Lamar Media Corp., Sr. Unsecd. Note, Series WI, 3.625%, 1/15/2031 | &nbsp;&nbsp; 291839 |
| &nbsp;&nbsp; 700000 | Match Group Holdings II LLC, Sr. Unsecd. Note, 144A, 3.625%, 10/1/2031 | &nbsp;&nbsp; 535697 |
| &nbsp;&nbsp; 1625000 | Match Group, Inc., Sr. Unsecd. Note, 144A, 4.125%, 8/1/2030 | &nbsp;&nbsp; 1358841 |
| &nbsp;&nbsp; 550000 | Match Group, Inc., Sr. Unsecd. Note, 144A, 4.625%, 6/1/2028 | &nbsp;&nbsp; 492805 |
| &nbsp;&nbsp; 350000 | Match Group, Inc., Sr. Unsecd. Note, 144A, 5.000%, 12/15/2027 | &nbsp;&nbsp; 325604 |
| &nbsp;&nbsp; 3100000 | Midas Opco Holdings, LLC, Sr. Unsecd. Note, 144A, 5.625%, 8/15/2029 | &nbsp;&nbsp; 2661877 |
| &nbsp;&nbsp; 175000 | News Corp., Sr. Unsecd. Note, 144A, 5.125%, 2/15/2032 | &nbsp;&nbsp; 160639 |
| &nbsp;&nbsp; 1500000 | Nexstar Broadcasting, Inc., Sr. Unsecd. Note, 144A, 4.750%, 11/1/2028 | &nbsp;&nbsp; 1337175 |
| &nbsp;&nbsp; 2425000 | Nexstar Escrow Corp., Sr. Unsecd. Note, 144A, 5.625%, 7/15/2027 | &nbsp;&nbsp; 2289770 |
| &nbsp;&nbsp; 675000 | Outfront Media Capital LLC / Outfront Media Capital Corp., Sr. Unsecd. Note, 144A, 5.000%, 8/15/2027 | &nbsp;&nbsp; 615938 |
| &nbsp;&nbsp; 1075000 | ROBLOX Corp., Sr. Unsecd. Note, 144A, 3.875%, 5/1/2030 | &nbsp;&nbsp; 880968 |
| &nbsp;&nbsp; 350000 | Scripps Escrow II, Inc., Sr. Unsecd. Note, 144A, 3.875%, 1/15/2029 | &nbsp;&nbsp; 294784 |
| &nbsp;&nbsp; 750000 | Scripps Escrow II, Inc., Sr. Unsecd. Note, 144A, 5.375%, 1/15/2031 | &nbsp;&nbsp; 613200 |
| &nbsp;&nbsp; 1050000 | Scripps Escrow, Inc., Sr. Unsecd. Note, 144A, 5.875%, 7/15/2027 | &nbsp;&nbsp; 935875 |
| &nbsp;&nbsp; 1750000 | Sinclair Television Group, Sr. Unsecd. Note, 144A, 5.125%, 2/15/2027 | &nbsp;&nbsp; 1464680 |
| &nbsp;&nbsp; 1725000 | Sinclair Television Group, Sr. Unsecd. Note, 144A, 5.500%, 3/1/2030 | &nbsp;&nbsp; 1322480 |
| &nbsp;&nbsp; 1050000 | Tegna, Inc., Sr. Unsecd. Note, 144A, 4.625%, 3/15/2028 | &nbsp;&nbsp; 991609 |
| &nbsp;&nbsp; 1450000 | Tegna, Inc., Sr. Unsecd. Note, 144A, 5.000%, 9/15/2029 | &nbsp;&nbsp; 1357696 |
| &nbsp;&nbsp; 3950000 | Terrier Media Buyer, Inc., Sr. Unsecd. Note, 144A, 8.875%, 12/15/2027 | &nbsp;&nbsp; 3009426 |
| &nbsp;&nbsp; 1000000 | Univision Communications, Inc., Sec. Fac. Bond, 144A, 4.500%, 5/1/2029 | &nbsp;&nbsp; 852450 |
| &nbsp;&nbsp; 575000 | Univision Communications, Inc., Sec. Fac. Bond, 144A, 7.375%, 6/30/2030 | &nbsp;&nbsp; 574577 |
| &nbsp;&nbsp; 1500000 | Urban One, Inc., Sec. Fac. Bond, 144A, 7.375%, 2/1/2028 | &nbsp;&nbsp; 1269502 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 34143699 |
|  | **Metals & Mining—0.5%** |  |
| &nbsp;&nbsp; 1200000 | Cleveland-Cliffs, Inc., Sr. Unsecd. Note, 144A, 4.625%, 3/1/2029 | &nbsp;&nbsp; 1052160 |
| &nbsp;&nbsp; 175000 | Cleveland-Cliffs, Inc., Sr. Unsecd. Note, 144A, 4.875%, 3/1/2031 | &nbsp;&nbsp; 152132 |
| &nbsp;&nbsp; 1675000 | Coeur Mining, Inc., Sr. Unsecd. Note, 144A, 5.125%, 2/15/2029 | &nbsp;&nbsp; 1307011 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 2511303 |
|  | **Midstream—6.0%** |  |
| &nbsp;&nbsp; 1275000 | AmeriGas Partners LP, Sr. Unsecd. Note, 5.750%, 5/20/2027 | &nbsp;&nbsp; 1218333 |
| &nbsp;&nbsp; 1350000 | AmeriGas Partners LP, Sr. Unsecd. Note, 5.875%, 8/20/2026 | &nbsp;&nbsp; 1287657 |
| &nbsp;&nbsp; 1525000 | Antero Midstream Partners LP, Sr. Unsecd. Note, 144A, 5.375%, 6/15/2029 | &nbsp;&nbsp; 1408582 |
| &nbsp;&nbsp; 1950000 | Antero Midstream Partners LP, Sr. Unsecd. Note, 144A, 5.750%, 3/1/2027 | &nbsp;&nbsp; 1864294 |
| &nbsp;&nbsp; 1700000 | Antero Midstream Partners LP, Sr. Unsecd. Note, 144A, 5.750%, 1/15/2028 | &nbsp;&nbsp; 1609330 |
| &nbsp;&nbsp; 575000 | Antero Midstream Partners LP, Sr. Unsecd. Note, 144A, 7.875%, 5/15/2026 | &nbsp;&nbsp; 587363 |
| &nbsp;&nbsp; 1675000 | Cheniere Energy Partners LP, Sr. Unsecd. Note, 4.000%, 3/1/2031 | &nbsp;&nbsp; 1466597 |
| &nbsp;&nbsp; 475000 | Cheniere Energy Partners LP, Sr. Unsecd. Note, Series WI, 3.250%, 1/31/2032 | &nbsp;&nbsp; 387127 |
| &nbsp;&nbsp; 550000 | Cheniere Energy Partners LP, Sr. Unsecd. Note, Series WI, 4.500%, 10/1/2029 | &nbsp;&nbsp; 505626 |
| &nbsp;&nbsp; 750000 | Cheniere Energy, Inc., Sec. Fac. Bond, Series WI, 4.625%, 10/15/2028 | &nbsp;&nbsp; 693416 |

---

**7**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Midstream—continued** |  |
| $1000000 | CNX Midstream Partners LP, Sr. Unsecd. Note, 144A, 4.750%, 4/15/2030 | $835178 |
| &nbsp;&nbsp; 725000 | DT Midstream, Inc., Sr. Unsecd. Note, 144A, 4.375%, 6/15/2031 | &nbsp;&nbsp; 626313 |
| &nbsp;&nbsp; 875000 | EQM Midstream Partners LP, Sr. Unsecd. Note, 144A, 4.500%, 1/15/2029 | &nbsp;&nbsp; 770066 |
| &nbsp;&nbsp; 1025000 | EQM Midstream Partners LP, Sr. Unsecd. Note, 144A, 4.750%, 1/15/2031 | &nbsp;&nbsp; 864131 |
| &nbsp;&nbsp; 2250000 | EQM Midstream Partners LP, Sr. Unsecd. Note, 144A, 6.500%, 7/1/2027 | &nbsp;&nbsp; 2185650 |
| &nbsp;&nbsp; 600000 | EQT Midstream Partners LP, Sr. Unsecd. Note, 5.500%, 7/15/2028 | &nbsp;&nbsp; 556680 |
| &nbsp;&nbsp; 1475000 | EQT Midstream Partners LP, Sr. Unsecd. Note, 6.500%, 7/15/2048 | &nbsp;&nbsp; 1144517 |
| &nbsp;&nbsp; 248000 | EQT Midstream Partners LP, Sr. Unsecd. Note, 144A, 6.000%, 7/1/2025 | &nbsp;&nbsp; 243465 |
| &nbsp;&nbsp; 225000 | EQT Midstream Partners LP, Sr. Unsecd. Note, 144A, 7.500%, 6/1/2027 | &nbsp;&nbsp; 227634 |
| &nbsp;&nbsp; 500000 | Hess Midstream Operations LP, Sr. Unsecd. Note, 144A, 4.250%, 2/15/2030 | &nbsp;&nbsp; 428133 |
| &nbsp;&nbsp; 600000 | Hess Midstream Operations LP, Sr. Unsecd. Note, 144A, 5.500%, 10/15/2030 | &nbsp;&nbsp; 550693 |
| &nbsp;&nbsp; 750000 | Hess Midstream Partners LP, Sr. Unsecd. Note, 144A, 5.125%, 6/15/2028 | &nbsp;&nbsp; 706875 |
| &nbsp;&nbsp; 1125000 | Holly Energy Partners LP, Sr. Unsecd. Note, 144A, 5.000%, 2/1/2028 | &nbsp;&nbsp; 1026936 |
| &nbsp;&nbsp; 300000 | Holly Energy Partners LP, Sr. Unsecd. Note, 144A, 6.375%, 4/15/2027 | &nbsp;&nbsp; 294014 |
| &nbsp;&nbsp; 1175000 | Oasis Midstream Partners, Sr. Unsecd. Note, 144A, 8.000%, 4/1/2029 | &nbsp;&nbsp; 1185957 |
| &nbsp;&nbsp; 475000 | Solaris Midstream Holdings LLC, Sr. Unsecd. Note, 144A, 7.625%, 4/1/2026 | &nbsp;&nbsp; 468426 |
| &nbsp;&nbsp; 900000 | Suburban Propane Partners LP, Sr. Unsecd. Note, 5.875%, 3/1/2027 | &nbsp;&nbsp; 856127 |
| &nbsp;&nbsp; 650000 | Suburban Propane Partners LP, Sr. Unsecd. Note, 144A, 5.000%, 6/1/2031 | &nbsp;&nbsp; 556604 |
| &nbsp;&nbsp; 1175000 | Summit Midstream Holdings LLC, Sr. Unsecd. Note, 5.750%, 4/15/2025 | &nbsp;&nbsp; 983992 |
| &nbsp;&nbsp; 1200000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp., Sr. Unsecd. Note, 5.000%, 1/15/2028 | &nbsp;&nbsp; 1138182 |
| &nbsp;&nbsp; 250000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp., Sr. Unsecd. Note, 6.500%, 7/15/2027 | &nbsp;&nbsp; 251683 |
| &nbsp;&nbsp; 1900000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp., Sr. Unsecd. Note, 144A, 5.500%, 3/1/2030 | &nbsp;&nbsp; 1819278 |
| &nbsp;&nbsp; 775000 | TransMontaigne Partners LP/TLP Finance Corp., Sr. Unsecd. Note, 6.125%, 2/15/2026 | &nbsp;&nbsp; 675911 |
| &nbsp;&nbsp; 825000 | Western Gas Partners LP, Sr. Unsecd. Note, 4.500%, 3/1/2028 | &nbsp;&nbsp; 766623 |
| &nbsp;&nbsp; 175000 | Western Gas Partners LP, Sr. Unsecd. Note, 4.650%, 7/1/2026 | &nbsp;&nbsp; 170503 |
| &nbsp;&nbsp; 2425000 | Western Gas Partners LP, Sr. Unsecd. Note, 5.300%, 3/1/2048 | &nbsp;&nbsp; 2019570 |
| &nbsp;&nbsp; 550000 | Western Gas Partners LP, Sr. Unsecd. Note, 5.450%, 4/1/2044 | &nbsp;&nbsp; 452922 |
| &nbsp;&nbsp; 225000 | Western Gas Partners LP, Sr. Unsecd. Note, 5.500%, 8/15/2048 | &nbsp;&nbsp; 186041 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 33020429 |
|  | **Oil Field Services—2.0%** |  |
| &nbsp;&nbsp; 1450000 | Archrock Partners LP / Archrock Partners Finance Corp., Sr. Unsecd. Note, 144A, 6.250%, 4/1/2028 | &nbsp;&nbsp; 1347188 |
| &nbsp;&nbsp; 2875000 | Archrock Partners LP / Archrock Partners Finance Corp., Sr. Unsecd. Note, 144A, 6.875%, 4/1/2027 | &nbsp;&nbsp; 2786450 |
| &nbsp;&nbsp; 875000 | Nabors Industries Ltd., Sr. Unsecd. Note, 144A, 7.250%, 1/15/2026 | &nbsp;&nbsp; 842358 |
| &nbsp;&nbsp; 825000 | Nabors Industries Ltd., Sr. Unsecd. Note, 144A, 7.500%, 1/15/2028 | &nbsp;&nbsp; 754875 |
| &nbsp;&nbsp; 175000 | Nabors Industries, Inc., Sr. Unsecd. Note, 144A, 7.375%, 5/15/2027 | &nbsp;&nbsp; 170405 |
| &nbsp;&nbsp; 725000 | Precision Drilling Corp., Sr. Unsecd. Note, 144A, 6.875%, 1/15/2029 | &nbsp;&nbsp; 686231 |
| &nbsp;&nbsp; 600000 | Precision Drilling Corp., Sr. Unsecd. Note, 144A, 7.125%, 1/15/2026 | &nbsp;&nbsp; 588492 |
| &nbsp;&nbsp; 2325000 | USA Compression Partners LP, Sr. Unsecd. Note, 6.875%, 9/1/2027 | &nbsp;&nbsp; 2223549 |
| &nbsp;&nbsp; 1800000 | USA Compression Partners LP, Sr. Unsecd. Note, Series WI, 6.875%, 4/1/2026 | &nbsp;&nbsp; 1726317 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 11125865 |
|  | **Packaging—5.1%** |  |
| &nbsp;&nbsp; 3193920 | ARD Finance SA, Sec. Fac. Bond, 144A, 6.500%, 6/30/2027 | &nbsp;&nbsp; 2369553 |
| &nbsp;&nbsp; 1550000 | Ardagh Metal Packaging, Sr. Unsecd. Note, 144A, 4.000%, 9/1/2029 | &nbsp;&nbsp; 1242116 |
| &nbsp;&nbsp; 3800000 | Ardagh Packaging Finance PLC/Ardagh Holdings, Sec. Fac. Bond, 144A, 5.250%, 8/15/2027 | &nbsp;&nbsp; 2880970 |
| &nbsp;&nbsp; 1800000 | Ardagh Packaging Finance PLC/Ardagh Holdings, Sr. Unsecd. Note, 144A, 5.250%, 8/15/2027 | &nbsp;&nbsp; 1364670 |
| &nbsp;&nbsp; 875000 | Ball Corp., Sr. Unsecd. Note, 2.875%, 8/15/2030 | &nbsp;&nbsp; 712574 |
| &nbsp;&nbsp; 350000 | Ball Corp., Sr. Unsecd. Note, 6.875%, 3/15/2028 | &nbsp;&nbsp; 362355 |
| &nbsp;&nbsp; 975000 | Berry Global Escrow Corp., 144A, 5.625%, 7/15/2027 | &nbsp;&nbsp; 956534 |
| &nbsp;&nbsp; 925000 | Bway Holding Co., Sec. Fac. Bond, 144A, 5.500%, 4/15/2024 | &nbsp;&nbsp; 913573 |
| &nbsp;&nbsp; 2100000 | Bway Holding Co., Sr. Unsecd. Note, 144A, 7.250%, 4/15/2025 | &nbsp;&nbsp; 1919379 |

---

**8**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Packaging—continued** |  |
| $5650000 | Clydesdale Acquisition Holdings, Inc., Sr. Unsecd. Note, 144A, 8.750%, 4/15/2030 | $5089237 |
| &nbsp;&nbsp; 400000 | Crown Americas LLC / Crown Americas Capital Corp. VI, Sr. Unsecd. Note, 4.750%, 2/1/2026 | &nbsp;&nbsp; 387882 |
| &nbsp;&nbsp; 575000 | OI European Group BV, Sr. Unsecd. Note, 144A, 4.750%, 2/15/2030 | &nbsp;&nbsp; 497122 |
| &nbsp;&nbsp; 1025000 | Owens-Brockway Glass Container, Inc., Sr. Unsecd. Note, 144A, 5.375%, 1/15/2025 | &nbsp;&nbsp; 975570 |
| &nbsp;&nbsp; 400000 | Owens-Brockway Glass Container, Inc., Sr. Unsecd. Note, 144A, 6.375%, 8/15/2025 | &nbsp;&nbsp; 384240 |
| &nbsp;&nbsp; 669000 | Owens-Brockway Glass Container, Inc., Sr. Unsecd. Note, 144A, 6.625%, 5/13/2027 | &nbsp;&nbsp; 644553 |
| &nbsp;&nbsp; 725000 | Sealed Air Corp., Sr. Unsecd. Note, 144A, 5.000%, 4/15/2029 | &nbsp;&nbsp; 674982 |
| &nbsp;&nbsp; 2250000 | Trident Merger Subsidiary, Inc., Sr. Unsecd. Note, 144A, 6.625%, 11/1/2025 | &nbsp;&nbsp; 1939064 |
| &nbsp;&nbsp; 1050000 | Trident Merger Subsidiary, Inc., Sr. Unsecd. Note, 144A, 9.250%, 8/1/2024 | &nbsp;&nbsp; 1004458 |
| &nbsp;&nbsp; 475000 | Trivium Packaging Finance BV, Sec. Fac. Bond, 144A, 5.500%, 8/15/2026 | &nbsp;&nbsp; 447015 |
| &nbsp;&nbsp; 3175000 | Trivium Packaging Finance BV, Sr. Unsecd. Note, 144A, 8.500%, 8/15/2027 | &nbsp;&nbsp; 2976497 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 27742344 |
|  | **Paper—0.0%** |  |
| &nbsp;&nbsp; 125000 | Graphic Packaging International, LLC, Sr. Unsecd. Note, 144A, 3.750%, 2/1/2030 | &nbsp;&nbsp; 106338 |
|  | **Pharmaceuticals—1.7%** |  |
| &nbsp;&nbsp; 700000 | Bausch Health Cos, Inc., Sec. Fac. Bond, 144A, 5.750%, 8/15/2027 | &nbsp;&nbsp; 456013 |
| &nbsp;&nbsp; 200000 | Bausch Health Cos, Inc., Sec. Fac. Bond, 144A, 6.125%, 2/1/2027 | &nbsp;&nbsp; 133290 |
| &nbsp;&nbsp; 175000 | Bausch Health Cos, Inc., Sr. Unsecd. Note, 144A, 5.000%, 1/30/2028 | &nbsp;&nbsp; 71909 |
| &nbsp;&nbsp; 1850000 | Bausch Health Cos, Inc., Sr. Unsecd. Note, 144A, 5.000%, 2/15/2029 | &nbsp;&nbsp; 782356 |
| &nbsp;&nbsp; 1575000 | Bausch Health Cos, Inc., Sr. Unsecd. Note, 144A, 5.250%, 1/30/2030 | &nbsp;&nbsp; 658780 |
| &nbsp;&nbsp; 1100000 | Bausch Health Cos, Inc., Sr. Unsecd. Note, 144A, 5.250%, 2/15/2031 | &nbsp;&nbsp; 461735 |
| &nbsp;&nbsp; 600000 | Bausch Health Cos, Inc., Sr. Unsecd. Note, 144A, 6.250%, 2/15/2029 | &nbsp;&nbsp; 251799 |
| &nbsp;&nbsp; 1100000 | Bausch Health Cos, Inc., Sr. Unsecd. Note, 144A, 7.250%, 5/30/2029 | &nbsp;&nbsp; 473924 |
| &nbsp;&nbsp; 2275000 | Bausch Health Cos, Inc., Sr. Unsecd. Note, 144A, 8.500%, 1/31/2027 | &nbsp;&nbsp; 1096051 |
| &nbsp;&nbsp; 550000 | Catalent Pharma Solutions, Inc., Sr. Unsecd. Note, 144A, 3.500%, 4/1/2030 | &nbsp;&nbsp; 448899 |
| &nbsp;&nbsp; 800000 | Grifols Escrow Issuer SA, Sr. Unsecd. Note, 144A, 4.750%, 10/15/2028 | &nbsp;&nbsp; 673152 |
| &nbsp;&nbsp; 1050000 | Jazz Securities Designated Activity Co., Sec. Fac. Bond, 144A, 4.375%, 1/15/2029 | &nbsp;&nbsp; 953951 |
| &nbsp;&nbsp; 1627000 | Mallinckrodt International Finance SA/Mallinckrodt CB LLC, Sr. Unsecd. Note, 144A, 10.000%, 6/15/2029 | &nbsp;&nbsp; 841972 |
| &nbsp;&nbsp; 325000 | Organon Finance 1 LLC, Sec. Fac. Bond, 144A, 4.125%, 4/30/2028 | &nbsp;&nbsp; 292819 |
| &nbsp;&nbsp; 1325000 | Organon Finance 1 LLC, Sr. Unsecd. Note, 144A, 5.125%, 4/30/2031 | &nbsp;&nbsp; 1177262 |
| &nbsp;&nbsp; 775000 | Syneos Health, Inc., Sr. Unsecd. Note, 144A, 3.625%, 1/15/2029 | &nbsp;&nbsp; 613877 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 9387789 |
|  | **Restaurant—1.5%** |  |
| &nbsp;&nbsp; 6150000 | 1011778 BC Unltd. Liability Co./New Red Finance, Inc., 144A, 4.000%, 10/15/2030 | &nbsp;&nbsp; 5187986 |
| &nbsp;&nbsp; 575000 | 1011778 BC Unltd. Liability Co./New Red Finance, Inc., 144A, 4.375%, 1/15/2028 | &nbsp;&nbsp; 524021 |
| &nbsp;&nbsp; 1375000 | Yum! Brands, Inc., Sr. Unsecd. Note, 4.625%, 1/31/2032 | &nbsp;&nbsp; 1218484 |
| &nbsp;&nbsp; 875000 | Yum! Brands, Inc., Sr. Unsecd. Note, 5.375%, 4/1/2032 | &nbsp;&nbsp; 812687 |
| &nbsp;&nbsp; 650000 | Yum! Brands, Inc., Sr. Unsecd. Note, 144A, 4.750%, 1/15/2030 | &nbsp;&nbsp; 595653 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 8338831 |
|  | **Retailers—0.6%** |  |
| &nbsp;&nbsp; 600000 | Academy Ltd., Sec. Fac. Bond, 144A, 6.000%, 11/15/2027 | &nbsp;&nbsp; 568994 |
| &nbsp;&nbsp; 1175000 | Asbury Automotive Group, Inc., Sr. Unsecd. Note, 144A, 4.625%, 11/15/2029 | &nbsp;&nbsp; 1026879 |
| &nbsp;&nbsp; 375000 | Asbury Automotive Group, Inc., Sr. Unsecd. Note, 144A, 5.000%, 2/15/2032 | &nbsp;&nbsp; 317273 |
| &nbsp;&nbsp; 650000 | Gap (The), Inc., Sr. Unsecd. Note, 144A, 3.625%, 10/1/2029 | &nbsp;&nbsp; 500204 |
| &nbsp;&nbsp; 525000 | Gap (The), Inc., Sr. Unsecd. Note, 144A, 3.875%, 10/1/2031 | &nbsp;&nbsp; 397052 |
| &nbsp;&nbsp; 375000 | Kontoor Brands, Inc., Sr. Unsecd. Note, 144A, 4.125%, 11/15/2029 | &nbsp;&nbsp; 306055 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 3116457 |
|  | **Supermarkets—0.6%** |  |
| &nbsp;&nbsp; 2950000 | Albertsons Cos. LLC/SAFEW, Sr. Unsecd. Note, 144A, 3.500%, 3/15/2029 | &nbsp;&nbsp; 2460971 |
| &nbsp;&nbsp; 450000 | Albertsons Cos. LLC/SAFEW, Sr. Unsecd. Note, 144A, 5.875%, 2/15/2028 | &nbsp;&nbsp; 430875 |

---

**9**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Supermarkets—continued** |  |
| $375000 | Albertsons Cos. LLC/SAFEW, Sr. Unsecd. Note, 144A, 7.500%, 3/15/2026 | $384396 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 3276242 |
|  | **Technology—8.1%** |  |
| &nbsp;&nbsp; 675000 | Black Knight InfoServ LLC, Sr. Unsecd. Note, 144A, 3.625%, 9/1/2028 | &nbsp;&nbsp; 608344 |
| &nbsp;&nbsp; 1525000 | Boxer Parent Co., Inc., 144A, 9.125%, 3/1/2026 | &nbsp;&nbsp; 1457930 |
| &nbsp;&nbsp; 1450000 | Cars.com, Inc., Sr. Unsecd. Note, 144A, 6.375%, 11/1/2028 | &nbsp;&nbsp; 1260206 |
| &nbsp;&nbsp; 1025000 | Centerfield Media Parent, Sr. Note, 144A, 6.625%, 8/1/2026 | &nbsp;&nbsp; 740024 |
| &nbsp;&nbsp; 1175000 | Central Parent, Inc./Central Merger Sub, Inc., 144A, 7.250%, 6/15/2029 | &nbsp;&nbsp; 1135302 |
| &nbsp;&nbsp; 275000 | Ciena Corp., Sr. Unsecd. Note, 144A, 4.000%, 1/31/2030 | &nbsp;&nbsp; 230971 |
| &nbsp;&nbsp; 1750000 | Clarivate Science Holdings Corp., Sr. Unsecd. Note, 144A, 4.875%, 7/1/2029 | &nbsp;&nbsp; 1500607 |
| &nbsp;&nbsp; 1550000 | Coherent Corp., Sr. Unsecd. Note, 144A, 5.000%, 12/15/2029 | &nbsp;&nbsp; 1369898 |
| &nbsp;&nbsp; 725000 | Consensus Cloud Solutions, Inc., Sr. Unsecd. Note, 144A, 6.000%, 10/15/2026 | &nbsp;&nbsp; 670821 |
| &nbsp;&nbsp; 1350000 | Consensus Cloud Solutions, Inc., Sr. Unsecd. Note, 144A, 6.500%, 10/15/2028 | &nbsp;&nbsp; 1227414 |
| &nbsp;&nbsp; 1025000 | Dun & Bradstreet Corp., Sr. Unsecd. Note, 144A, 5.000%, 12/15/2029 | &nbsp;&nbsp; 883089 |
| &nbsp;&nbsp; 1700000 | Elastic N.V., Sr. Unsecd. Note, 144A, 4.125%, 7/15/2029 | &nbsp;&nbsp; 1385129 |
| &nbsp;&nbsp; 925000 | Entegris Escrow Corp., Sr. Unsecd. Note, 144A, 5.950%, 6/15/2030 | &nbsp;&nbsp; 865198 |
| &nbsp;&nbsp; 250000 | Entegris, Inc., Sr. Unsecd. Note, 144A, 3.625%, 5/1/2029 | &nbsp;&nbsp; 207770 |
| &nbsp;&nbsp; 500000 | Fair Isaac & Co., Inc., Sr. Unsecd. Note, 144A, 4.000%, 6/15/2028 | &nbsp;&nbsp; 458115 |
| &nbsp;&nbsp; 300000 | Gartner, Inc., Sr. Unsecd. Note, 144A, 3.750%, 10/1/2030 | &nbsp;&nbsp; 259928 |
| &nbsp;&nbsp; 400000 | Gartner, Inc., Sr. Unsecd. Note, 144A, 4.500%, 7/1/2028 | &nbsp;&nbsp; 377074 |
| &nbsp;&nbsp; 1350000 | HealthEquity, Inc., Sr. Unsecd. Note, 144A, 4.500%, 10/1/2029 | &nbsp;&nbsp; 1184422 |
| &nbsp;&nbsp; 1075000 | Helios Software Holdings, Sec. Fac. Bond, 144A, 4.625%, 5/1/2028 | &nbsp;&nbsp; 825304 |
| &nbsp;&nbsp; 2450000 | Logan Merger Sub, Inc., Sr. Secd. Note, 144A, 5.500%, 9/1/2027 | &nbsp;&nbsp; 1437966 |
| &nbsp;&nbsp; 4175000 | McAfee Corp., Sr. Unsecd. Note, 144A, 7.375%, 2/15/2030 | &nbsp;&nbsp; 3425635 |
| &nbsp;&nbsp; 5075000 | Minerva Merger Sub, Inc., Sr. Unsecd. Note, 144A, 6.500%, 2/15/2030 | &nbsp;&nbsp; 3806793 |
| &nbsp;&nbsp; 925000 | NCR Corp., Sr. Unsecd. Note, 144A, 5.000%, 10/1/2028 | &nbsp;&nbsp; 806198 |
| &nbsp;&nbsp; 1525000 | NCR Corp., Sr. Unsecd. Note, 144A, 5.125%, 4/15/2029 | &nbsp;&nbsp; 1313604 |
| &nbsp;&nbsp; 500000 | NCR Corp., Sr. Unsecd. Note, 144A, 5.250%, 10/1/2030 | &nbsp;&nbsp; 422588 |
| &nbsp;&nbsp; 825000 | NCR Corp., Sr. Unsecd. Note, 144A, 5.750%, 9/1/2027 | &nbsp;&nbsp; 803373 |
| &nbsp;&nbsp; 575000 | Open Text Corp., 144A, 6.900%, 12/1/2027 | &nbsp;&nbsp; 576414 |
| &nbsp;&nbsp; 350000 | Open Text Corp., Sr. Unsecd. Note, 144A, 3.875%, 2/15/2028 | &nbsp;&nbsp; 295680 |
| &nbsp;&nbsp; 1025000 | Open Text Holdings, Inc. / Open Text Corp., Sr. Unsecd. Note, 144A, 4.125%, 12/1/2031 | &nbsp;&nbsp; 796661 |
| &nbsp;&nbsp; 1350000 | Picard Midco, Inc., Sec. Fac. Bond, 144A, 6.500%, 3/31/2029 | &nbsp;&nbsp; 1181137 |
| &nbsp;&nbsp; 1725000 | Rackspace Technology, Inc., 144A, 3.500%, 2/15/2028 | &nbsp;&nbsp; 1185282 |
| &nbsp;&nbsp; 2625000 | Rackspace Technology, Inc., Sr. Unsecd. Note, 144A, 5.375%, 12/1/2028 | &nbsp;&nbsp; 1201368 |
| &nbsp;&nbsp; 2675000 | Rocket Software, Inc., Sr. Unsecd. Note, 144A, 6.500%, 2/15/2029 | &nbsp;&nbsp; 2107752 |
| &nbsp;&nbsp; 500000 | Science Applications International Corp., Sr. Unsecd. Note, 144A, 4.875%, 4/1/2028 | &nbsp;&nbsp; 461410 |
| &nbsp;&nbsp; 1500000 | Seagate HDD Cayman, Sr. Unsecd. Note, 3.125%, 7/15/2029 | &nbsp;&nbsp; 1166934 |
| &nbsp;&nbsp; 900000 | Seagate HDD Cayman, Sr. Unsecd. Note, 3.375%, 7/15/2031 | &nbsp;&nbsp; 696703 |
| &nbsp;&nbsp; 200000 | Sensata Technologies B.V., Sr. Unsecd. Note, 144A, 4.000%, 4/15/2029 | &nbsp;&nbsp; 174324 |
| &nbsp;&nbsp; 475000 | Sensata Technologies B.V., Sr. Unsecd. Note, 144A, 4.375%, 2/15/2030 | &nbsp;&nbsp; 421230 |
| &nbsp;&nbsp; 450000 | Sensata Technologies B.V., Sr. Unsecd. Note, 144A, 5.875%, 9/1/2030 | &nbsp;&nbsp; 427871 |
| &nbsp;&nbsp; 325000 | Sensata Technologies, Inc., Sr. Unsecd. Note, 144A, 3.750%, 2/15/2031 | &nbsp;&nbsp; 270774 |
| &nbsp;&nbsp; 1650000 | SS&C Technologies, Inc., Sr. Unsecd. Note, 144A, 5.500%, 9/30/2027 | &nbsp;&nbsp; 1579556 |
| &nbsp;&nbsp; 425000 | Synaptics, Inc., Sr. Unsecd. Note, 144A, 4.000%, 6/15/2029 | &nbsp;&nbsp; 354866 |
| &nbsp;&nbsp; 800000 | TTM Technologies, Inc., Sr. Unsecd. Note, 144A, 4.000%, 3/1/2029 | &nbsp;&nbsp; 679986 |
| &nbsp;&nbsp; 1825000 | Veritas US, Inc./Veritas Bermuda, Ltd., Sr. Secd. Note, 144A, 7.500%, 9/1/2025 | &nbsp;&nbsp; 1307296 |
| &nbsp;&nbsp; 275000 | Viavi Solutions, Inc., Sr. Unsecd. Note, 144A, 3.750%, 10/1/2029 | &nbsp;&nbsp; 227377 |
| &nbsp;&nbsp; 625000 | ZipRecruiter, Inc., Sr. Unsecd. Note, 144A, 5.000%, 1/15/2030 | &nbsp;&nbsp; 511125 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 44287449 |

---

**10**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | CORPORATE BONDS—continued |  |
|  | **Transportation Services—0.5%** |  |
| $1100000 | Stena International S.A., Sec. Fac. Bond, 144A, 6.125%, 2/1/2025 | $1024724 |
| &nbsp;&nbsp; 1575000 | Watco Cos LLC/Finance Co., Sr. Unsecd. Note, 144A, 6.500%, 6/15/2027 | &nbsp;&nbsp; 1532869 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 2557593 |
|  | **Utility - Electric—2.3%** |  |
| &nbsp;&nbsp; 700000 | Calpine Corp., 144A, 4.500%, 2/15/2028 | &nbsp;&nbsp; 641111 |
| &nbsp;&nbsp; 232000 | Calpine Corp., 144A, 5.250%, 6/1/2026 | &nbsp;&nbsp; 222550 |
| &nbsp;&nbsp; 1425000 | Calpine Corp., Sr. Secd. Note, 144A, 3.750%, 3/1/2031 | &nbsp;&nbsp; 1175851 |
| &nbsp;&nbsp; 450000 | Calpine Corp., Sr. Unsecd. Note, 144A, 4.625%, 2/1/2029 | &nbsp;&nbsp; 389101 |
| &nbsp;&nbsp; 450000 | Calpine Corp., Sr. Unsecd. Note, 144A, 5.000%, 2/1/2031 | &nbsp;&nbsp; 389726 |
| &nbsp;&nbsp; 700000 | Calpine Corp., Sr. Unsecd. Note, 144A, 5.125%, 3/15/2028 | &nbsp;&nbsp; 627992 |
| &nbsp;&nbsp; 2400000 | Enviva Partners LP/Enviva Partners Finance Corp., Sr. Unsecd. Note, 144A, 6.500%, 1/15/2026 | &nbsp;&nbsp; 2292182 |
| &nbsp;&nbsp; 125000 | NRG Energy, Inc., Sr. Unsecd. Note, 144A, 3.625%, 2/15/2031 | &nbsp;&nbsp; 100104 |
| &nbsp;&nbsp; 1600000 | NRG Energy, Inc., Sr. Unsecd. Note, 144A, 3.875%, 2/15/2032 | &nbsp;&nbsp; 1288000 |
| &nbsp;&nbsp; 475000 | NRG Energy, Inc., Sr. Unsecd. Note, Series WI, 5.750%, 1/15/2028 | &nbsp;&nbsp; 455430 |
| &nbsp;&nbsp; 1125000 | TerraForm Power Operating LLC, Sr. Unsecd. Note, 144A, 4.750%, 1/15/2030 | &nbsp;&nbsp; 1014542 |
| &nbsp;&nbsp; 1325000 | TerraForm Power Operating LLC, Sr. Unsecd. Note, 144A, 5.000%, 1/31/2028 | &nbsp;&nbsp; 1230375 |
| &nbsp;&nbsp; 400000 | TransAlta Corp., Sr. Unsecd. Note, 7.750%, 11/15/2029 | &nbsp;&nbsp; 411448 |
| &nbsp;&nbsp; 525000 | Vistra Operations Co., LLC, Sr. Unsecd. Note, 144A, 5.000%, 7/31/2027 | &nbsp;&nbsp; 493416 |
| &nbsp;&nbsp; 375000 | Vistra Operations Co., LLC, Sr. Unsecd. Note, 144A, 5.500%, 9/1/2026 | &nbsp;&nbsp; 363382 |
| &nbsp;&nbsp; 1375000 | Vistra Operations Co., LLC, Sr. Unsecd. Note, 144A, 5.625%, 2/15/2027 | &nbsp;&nbsp; 1331767 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 12426977 |
|  | **Wireless Communications—0.5%** |  |
| &nbsp;&nbsp; 1375000 | Sprint Corp., Sr. Unsecd. Note, 7.125%, 6/15/2024 | &nbsp;&nbsp; 1405914 |
| &nbsp;&nbsp; 450000 | T-Mobile USA, Inc., Sr. Unsecd. Note, 3.375%, 4/15/2029 | &nbsp;&nbsp; 398408 |
| &nbsp;&nbsp; 1250000 | T-Mobile USA, Inc., Sr. Unsecd. Note, 4.750%, 2/1/2028 | &nbsp;&nbsp; 1216683 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 3021005 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL CORPORATE BONDS <br>(IDENTIFIED COST $572,002,913)<br>| &nbsp;&nbsp; 490887554 |
|  | COMMON STOCKS—4.3% |  |
|  | **Automotive—0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49653<br><sup>3</sup> <br>| American Axle & Manufacturing Holdings, Inc. | &nbsp;&nbsp; 516888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | Lear Corp. | &nbsp;&nbsp; 292086 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 808974 |
|  | **Building Materials—0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14405<br><sup>3</sup> <br>| GMS, Inc. | &nbsp;&nbsp; 707286 |
|  | **Cable Satellite—0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34365<br><sup>3</sup> <br>| Altice USA, Inc. | &nbsp;&nbsp; 156704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2171<br><sup>2,3</sup> <br>| Intelsat Jackson Holdings S.A. | &nbsp;&nbsp; 14112 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 170816 |
|  | **Chemicals—0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7460 | Compass Minerals International, Inc. | &nbsp;&nbsp; 330851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28325 | Koppers Holdings, Inc. | &nbsp;&nbsp; 843802 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 1174653 |
|  | **Communications Equipment—0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9565<br><sup>3</sup> <br>| Lumentum Holdings, Inc. | &nbsp;&nbsp; 525501 |
|  | **Consumer Cyclical Services—0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12255 | Brinks Co. (The) | &nbsp;&nbsp; 732236 |
|  | **Consumer Products—0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22015 | Energizer Holdings, Inc. | &nbsp;&nbsp; 750491 |

---

**11**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Containers & Packaging—0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 56380<br><sup>3</sup> <br>| O-I Glass, Inc. | $925196 |
|  | **Food & Beverage—0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 17335<br><sup>3</sup> <br>| US Foods Holding Corp. | &nbsp;&nbsp; 634114 |
|  | **Gaming—0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8025 | Boyd Gaming Corp. | &nbsp;&nbsp; 492173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 16405<br><sup>3</sup> <br>| Caesars Entertainment Corp. | &nbsp;&nbsp; 833538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12890 | Red Rock Resorts, Inc. | &nbsp;&nbsp; 580824 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 1906535 |
|  | **Gas Utilities—0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 51091 | Suburban Propane Partners LP | &nbsp;&nbsp; 840958 |
|  | **Independent Energy—0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8348 | Devon Energy Corp. | &nbsp;&nbsp; 572005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2369 | Pioneer Natural Resources, Inc. | &nbsp;&nbsp; 559060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 833<br><sup>2,3</sup> <br>| Ultra Resources, Inc. | &nbsp;&nbsp; 0 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 1131065 |
|  | **Media Entertainment—0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 96961<br><sup>3</sup> <br>| Cumulus Media, Inc. | &nbsp;&nbsp; 709755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 16370 | Gray Television, Inc. | &nbsp;&nbsp; 191529 |
| &nbsp;&nbsp;&nbsp;&nbsp; 91734<br><sup>3</sup> <br>| iHeartMedia, Inc. | &nbsp;&nbsp; 737541 |
| &nbsp;&nbsp; 220440<br><sup>3</sup> <br>| Stagwell, Inc. | &nbsp;&nbsp; 1644482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 63290<br><sup>3</sup> <br>| Townsquare Media, Inc. | &nbsp;&nbsp; 470245 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 3753552 |
|  | **Metals & Mining—0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 18095 | Teck Resources Ltd. | &nbsp;&nbsp; 671144 |
|  | **Oil Field Services—0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 28457<br><sup>2,3</sup> <br>| Superior Energy Services, Inc. | &nbsp;&nbsp; 2063132 |
|  | **Oil Gas & Consumable Fuels—0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 14830 | Enviva, Inc. | &nbsp;&nbsp; 841603 |
|  | **Packaging—0.1%** |  |
| &nbsp;&nbsp; 112525 | Ardagh Metal Packaging | &nbsp;&nbsp; 502987 |
|  | **Paper—0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 41366 | Graphic Packaging Holding Co. | &nbsp;&nbsp; 950590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10354 | WestRock Co. | &nbsp;&nbsp; 392624 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 1343214 |
|  | **Pharmaceuticals—0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 17070<br><sup>3</sup> <br>| Bausch Health Cos, Inc. | &nbsp;&nbsp; 120002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 57190<br><sup>3</sup> <br>| Mallinckrodt PLC | &nbsp;&nbsp; 619082 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 739084 |
|  | **Professional Services—0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8730 | Science Applications International Corp. | &nbsp;&nbsp; 961260 |
|  | **Technology—0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 13125 | Dell Technologies, Inc. | &nbsp;&nbsp; 587869 |
|  | **Utility - Electric—0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 20630 | NRG Energy, Inc. | &nbsp;&nbsp; 875743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 35045 | Vistra Corp. | &nbsp;&nbsp; 852645 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 1728388 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL COMMON STOCKS <br>(IDENTIFIED COST $29,108,567)<br>| &nbsp;&nbsp;&nbsp; 23500058 |
|  | INVESTMENT COMPANIES—5.1% |  |
| 1664137 | Bank Loan Core Fund | &nbsp;&nbsp; 14477990 |

---

**12**

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount**<br> **or Shares**<br>|  | **Value** |
|  | INVESTMENT COMPANIES—continued |  |
| 13328301 | Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares, 3.86%<sup>4</sup> <br>| $13322970 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL INVESTMENT COMPANIES <br>(IDENTIFIED COST $29,378,746)<br>| &nbsp;&nbsp;&nbsp; 27800960 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL INVESTMENT IN SECURITIES—98.9% <br>(IDENTIFIED COST $630,490,226)<br>| &nbsp;&nbsp; 542188572 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; OTHER ASSETS AND LIABILITIES - NET—1.1%<sup>5</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5992057 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL NET ASSETS—100% | $548180629 |

---

Affiliated fund holdings are investment companies which are managed by the Adviser or an affiliate of the Adviser. Transactions with affiliated fund holdings during the period ended November 30, 2022, were as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | **Bank Loan** <br>**Core Fund**<br>| **Federated Hermes** <br>**Institutional** <br>**Prime Value** <br>**Obligations Fund,** <br>**Institutional Shares**<br>| **Total of** <br>**Affiliated** <br>**Transactions**<br>|
| Value as of 2/28/2022 | $8009302 | $6201631 | $14210933 |
| Purchases at Cost | $7668019 | $127355735 | $135023754 |
| Proceeds from Sales | $— | $(120236454) | $(120236454) |
| Change in Unrealized Appreciation/Depreciation | $(1199331) | $2469 | $(1196862) |
| Net Realized Gain/(Loss) | $— | $(411) | $(411) |
| Value as of 11/30/2022 | $14477990 | $13322970 | $27800960 |
| Shares Held as of 11/30/2022 | &nbsp;&nbsp;&nbsp; 1664137 | &nbsp;&nbsp;&nbsp;&nbsp; 13328301 | &nbsp;&nbsp;&nbsp;&nbsp; 14992438 |
| Dividend Income | $668018 | $225677 | $893695 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 1 | *Issuer in default.* |
| 2 | *Market quotations and price evaluations are not available. Fair value determined using significant unobservable inputs in accordance with procedures established* <br> *by and under the general supervision of the Fund's Adviser acting through its Valuation Committee.*<br>|
| 3 | *Non-income-producing security.* |
| 4 | *7-day net yield.* |
| 5 | *Assets, other than investments in securities, less liabilities.* |

---

Note: The categories of investments are shown as a percentage of total net assets at November 30, 2022.

**Investment Valuation** 

In calculating its net asset value (NAV), the Fund generally values investments as follows:

◾ Fixed-income securities are fair valued using price evaluations provided by a pricing service approved by Federated Investment Management Company (the "Adviser").

◾ Equity securities listed on an exchange or traded through a regulated market system are valued at their last reported sale price or official closing price in their principal exchange or market.

◾ Shares of other mutual funds or non-exchange-traded investment companies are valued based upon their reported NAVs, or NAV per share practical expedient, as applicable.

◾ Derivative contracts listed on exchanges are valued at their reported settlement or closing price, except that options are valued at the mean of closing bid and ask quotations.

◾ Over-the-counter (OTC) derivative contracts are fair valued using price evaluations provided by a pricing service approved by the Adviser.

◾ For securities that are fair valued in accordance with procedures established by and under the general supervision of the Adviser, certain factors may be considered, such as: the last traded or purchase price of the security, information obtained by contacting the issuer or dealers, analysis of the issuer's financial statements or other available documents, fundamental analytical data, the nature and duration of restrictions on disposition, the movement of the market in which the security is normally traded, public trading in similar securities or derivative contracts of the issuer or comparable issuers, movement of a relevant index, or other factors including but not limited to industry changes and relevant government actions.

If any price, quotation, price evaluation or other pricing source is not readily available when the NAV is calculated, if the Fund cannot obtain price evaluations from a pricing service or from more than one dealer for an investment within a reasonable period of time as set forth in the Adviser's valuation policies and procedures for the Fund, or if information furnished by a pricing service, in the opinion of the Adviser's valuation committee ("Valuation Committee"), is deemed not representative of the fair value of such security, the Fund uses the fair value of the investment determined in accordance with the procedures described below. There can be no assurance that the Fund could obtain the fair value assigned to an investment if it sold the investment at approximately the time at which the Fund determines its NAV per share, and the actual value obtained could be materially different.

**13**

------

**Fair Valuation and Significant Events Procedures** 

Pursuant to Rule 2a-5 under the Investment Company Act, the Fund's Board of Trustees (the "Trustees") have designated the Adviser as the Fund's valuation designee to perform any fair value determinations for securities and other assets held by the Fund. The Adviser is subject to the Trustees' oversight and certain reporting and other requirements intended to provide the Trustees the information needed to oversee the Adviser's fair value determinations.

The Adviser, acting through its Valuation Committee, is responsible for determining the fair value of investments for which market quotations are not readily available. The Valuation Committee is comprised of officers of the Adviser and certain of the Adviser's affiliated companies and determines fair value and oversees the calculation of the NAV. The Valuation Committee is also authorized to use pricing services to provide fair value evaluations of the current value of certain investments for purposes of calculating the NAV. The Valuation Committee employs various methods for reviewing third-party pricing-service evaluations including periodic reviews of third-party pricing services' policies, procedures and valuation methods (including key inputs, methods, models and assumptions), transactional back-testing, comparisons of evaluations of different pricing services, and review of price challenges by the Adviser based on recent market activity. In the event that market quotations and price evaluations are not available for an investment, the Valuation Committee determines the fair value of the investment in accordance with procedures adopted by the Adviser. The Trustees periodically review the fair valuations made by the Valuation Committee. The Trustees have also approved the Adviser's fair valuation and significant events procedures as part of the Fund's compliance program and will review any changes made to the procedures.

Factors considered by pricing services in evaluating an investment include the yields or prices of investments of comparable quality, coupon, maturity, call rights and other potential prepayments, terms and type, reported transactions, indications as to values from dealers and general market conditions. Some pricing services provide a single price evaluation reflecting the bid-side of the market for an investment (a "bid" evaluation). Other pricing services offer both bid evaluations and price evaluations indicative of a price between the prices bid and ask for the investment (a "mid" evaluation). The Fund normally uses bid evaluations for any U.S. Treasury and Agency securities, mortgage-backed securities and municipal securities. The Fund normally uses mid evaluations for any other types of fixed-income securities and any OTC derivative contracts. In the event that market quotations and price evaluations are not available for an investment, the fair value of the investment is determined in accordance with procedures adopted by the Adviser.

The Adviser has also adopted procedures requiring an investment to be priced at its fair value whenever the Valuation Committee determines that a significant event affecting the value of the investment has occurred between the time as of which the price of the investment would otherwise be determined and the time as of which the NAV is computed. An event is considered significant if there is both an affirmative expectation that the investment's value will change in response to the event and a reasonable basis for quantifying the resulting change in value. Examples of significant events that may occur after the close of the principal market on which a security is traded, or after the time of a price evaluation provided by a pricing service or a dealer, include:

◾ With respect to securities traded principally in foreign markets, significant trends in U.S. equity markets or in the trading of foreign securities index futures contracts;

◾ Political or other developments affecting the economy or markets in which an issuer conducts its operations or its securities are traded;

◾ Announcements concerning matters such as acquisitions, recapitalizations, litigation developments, or a natural disaster affecting the issuer's operations or regulatory changes or market developments affecting the issuer's industry.

The Adviser has adopted procedures whereby the Valuation Committee uses a pricing service to provide factors to update the fair value of equity securities traded principally in foreign markets from the time of the close of their respective foreign stock exchanges to the pricing time of the Fund. For other significant events, the Fund may seek to obtain more current quotations or price evaluations from alternative pricing sources. If a reliable alternative pricing source is not available, the Valuation Committee will determine the fair value of the investment in accordance with the fair valuation procedures approved by the Adviser. The Trustees periodically review fair valuations made in response to significant events.

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels listed below:

Level 1—quoted prices in active markets for identical securities.

Level 2—other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Also includes securities valued at amortized cost.

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

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

**14**

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>The following is a summary of the inputs used, as of November 30, 2022, in valuing the Fund's assets carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs** | **Valuation Inputs** | **Valuation Inputs** | **Valuation Inputs** | **Valuation Inputs** |
|  | **Level 1—** <br>**Quoted** <br>**Prices**<br>| **Level 2—** <br>**Other** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3—** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>| **Total** |
| **Debt Securities:** |  |  |  |  |
| Corporate Bonds | $— | $490887554 | $0 | $490887554 |
| **Equity Securities:** |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp; Domestic | &nbsp;&nbsp; 19509599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 2063132 | &nbsp;&nbsp;&nbsp; 21572731 |
| &nbsp;&nbsp; International | &nbsp;&nbsp;&nbsp; 1913215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14112 | &nbsp;&nbsp;&nbsp;&nbsp; 1927327 |
| **Investment Companies** | &nbsp;&nbsp; 27800960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 27800960 |
| &nbsp;&nbsp;&nbsp;&nbsp; TOTAL SECURITIES | $49223774 | $490887554 | $2077244 | $542188572 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The following acronym(s) are used throughout this portfolio: <br> GMTN —Global Medium Term Note <br> PIK —Payment in Kind

**15**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes High Yield Trust

- **b. Investment Company Act file number:** 811-04018

- **c. CIK number of Registrant:** 0000745967

- **d. LEI of Registrant:** 549300DZ0IX376POUD79

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes Opportunistic High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000009061

- **c. LEI of Series:** 254900ZHKBVXNMS28242

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $551459647.95

**Total Liabilities:** $4655217.65

**Net Assets:** $546804430.30

**Delayed Delivery Securities:** $175000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -21.662275000000 | **1-Year:** -1223.221887000000 | **5-Year:** -4286.804608000000 | **10-Year:** -2763.713128000000 | **30-Year:** -1621.163506000000

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

- **3-Month:** -904.745442000000 | **1-Year:** -33907.624936000000 | **5-Year:** -119609.967121000000 | **10-Year:** -39414.826811000000 | **30-Year:** -713.170646000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024613 | -4.68%               | 3.44%                | 1.73%                |
| Class ID C000130168 | -4.67%               | 3.47%                | 1.75%                |
| Class ID C000143970 | -4.67%               | 3.61%                | 1.73%                |
| Class ID C000143971 | -4.74%               | 3.37%                | 1.66%                |
| Class ID C000190443 | -4.66%               | 3.46%                | 1.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3099956.21             | $-26343710.31                              |
| Month 2  | $-1968379.29             | $17642534.47                               |
| Month 3  | $-736026.32              | $7432840.58                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AHP HEALTH PARTN                                            | AHP Health Partners Inc                                                     | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |    800000 | PA      | $628304.00    | 0.11%             | 2029-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                    | Antero Midstream Partners LP / Antero Midstream Finance Corp                | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1864294.36   | 0.34%             | 2027-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                    | Antero Midstream Partners LP / Antero Midstream Finance Corp                | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1609330.50   | 0.29%             | 2028-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ARDONAGH MIDCO 2 PLC                                        | Ardonagh Midco 2 PLC                                                        | CUSIP: 03985RAA1<br>LEI: 9845003AD1386OH58D80 | Long             | DBT              | CORP              | GB        |   1887700 | PA      | $1835788.25   | 0.34%             | 2027-01-15      | Fixed         | 11.50%                | Yes           |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                                    | Ascent Resources Utica Holdings LLC / ARU Finance Corp                      | CUSIP: 04364VAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    106000 | PA      | $131319.69    | 0.02%             | 2027-11-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                                         | AssuredPartners Inc                                                         | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1702000.00   | 0.31%             | 2029-01-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| BCPE EMPIRE HOLDINGS INC                                    | BCPE Empire Holdings Inc                                                    | CUSIP: 05552VAA0<br>LEI: 549300O2G0VI2955B626 | Long             | DBT              | CORP              | US        |   3425000 | PA      | $3101183.38   | 0.57%             | 2027-05-01      | Fixed         | 7.63%                 | Yes           |                  2 | On Loan: No      |
| Bausch Health Cos Inc                                       | Bausch Health Companies Inc.                                                | CUSIP: 071734AF4<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1100000 | PA      | $473924.00    | 0.09%             | 2029-05-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                       | Bausch Health Cos Inc                                                       | CUSIP: 071734AH0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $71909.21     | 0.01%             | 2028-01-30      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                       | Bausch Health Cos Inc                                                       | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $251799.13    | 0.05%             | 2029-02-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                       | Bausch Health Cos Inc                                                       | CUSIP: 071734AL1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1100000 | PA      | $461734.69    | 0.08%             | 2031-02-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                     | Booz Allen Hamilton Inc                                                     | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    225000 | PA      | $199930.50    | 0.04%             | 2029-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BOXER PARENT CO INC                                         | Boxer Parent Co Inc                                                         | CUSIP: 103186AC6<br>LEI: 5493006T045HLTF7YX04 | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1457930.50   | 0.27%             | 2026-03-01      | Fixed         | 9.13%                 | Yes           |                  2 | On Loan: No      |
| BOYD GAMING CORP                                            | Boyd Gaming Corp                                                            | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    425000 | PA      | $371377.75    | 0.07%             | 2031-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                                    | BroadStreet Partners Inc                                                    | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |   4900000 | PA      | $4173060.50   | 0.76%             | 2029-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                      | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1150000 | PA      | $935410.00    | 0.17%             | 2031-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                      | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1092788.13   | 0.20%             | 2033-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                    | CHS/Community Health Systems Inc                                            | CUSIP: 12543DBD1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    300000 | PA      | $266247.00    | 0.05%             | 2027-12-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                    | CHS/Community Health Systems Inc                                            | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $1154141.50   | 0.21%             | 2029-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                            | CSC Holdings LLC                                                            | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $915956.21    | 0.17%             | 2031-11-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| AFFINITY GAMING                                             | Affinity Gaming                                                             | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1654595.25   | 0.30%             | 2027-12-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                       | Antero Resources Corp                                                       | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    123000 | PA      | $125648.97    | 0.02%             | 2029-02-01      | Fixed         | 7.63%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                      | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2605941.25   | 0.48%             | 2027-05-01      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                            | CSC Holdings LLC                                                            | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $823627.77    | 0.15%             | 2031-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Callon Petroleum Co                                         | Callon Petroleum Co                                                         | CUSIP: 13123XAZ5<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |    550000 | PA      | $528764.50    | 0.10%             | 2026-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                    | CHS/Community Health Systems Inc                                            | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    675000 | PA      | $574185.38    | 0.11%             | 2027-03-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| CALLON PETROLEUM CO                                         | Callon Petroleum Co                                                         | CUSIP: 13123XBF8<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |    400000 | PA      | $381114.00    | 0.07%             | 2030-06-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CENTENE CORP                                                | Centene Corp                                                                | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1045039.00   | 0.19%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CNTRL PARENT/CDK GLB INC                                    | Central Parent Inc / Central Merger Sub Inc                                 | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1135302.16   | 0.21%             | 2029-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| CONSENSUS CLOUD SOLUTION                                    | Consensus Cloud Solutions Inc                                               | CUSIP: 20848VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $670820.75    | 0.12%             | 2026-10-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CUMULUS MEDIA NEW HLDGS                                     | Cumulus Media New Holdings Inc                                              | CUSIP: 23110AAA4<br>LEI: 5493001D9VBAVY1OKJ46 | Long             | DBT              | CORP              | US        |    959000 | PA      | $805176.40    | 0.15%             | 2026-07-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| CALPINE CORP                                                | Calpine Corp                                                                | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    450000 | PA      | $389101.01    | 0.07%             | 2029-02-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| CCM MERGER INC                                              | CCM Merger Inc                                                              | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185492.00    | 0.03%             | 2026-05-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| DANA INC                                                    | Dana Inc                                                                    | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    550000 | PA      | $431717.52    | 0.08%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                               | DISH DBS CORPORATION 07/28 7.375                                            | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $554400.00    | 0.10%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                                    | Charles River Laboratories International Inc                                | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    400000 | PA      | $348528.40    | 0.06%             | 2029-03-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                    | Cheniere Energy Partners LP                                                 | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    550000 | PA      | $505626.00    | 0.09%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                    | EQM Midstream Partners LP                                                   | CUSIP: 26885BAF7<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    248000 | PA      | $243465.32    | 0.04%             | 2025-07-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                    | EQM Midstream Partners LP                                                   | CUSIP: 26885BAH3<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2185650.00   | 0.40%             | 2027-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                                         | Cheniere Energy Inc                                                         | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    750000 | PA      | $693416.25    | 0.13%             | 2028-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                        | Cleveland-Cliffs Inc                                                        | CUSIP: 185899AL5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    175000 | PA      | $152131.88    | 0.03%             | 2031-03-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ELASTIC NV                                                  | Elastic NV                                                                  | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |   1700000 | PA      | $1385128.70   | 0.25%             | 2029-07-15      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| FOUNDATION BUILDING M                                       | Foundation Building Materials Inc                                           | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |   2950000 | PA      | $2206709.53   | 0.40%             | 2029-03-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                                      | Clydesdale Acquisition Holdings Inc                                         | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   5650000 | PA      | $5089237.50   | 0.93%             | 2030-04-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| CONSENSUS CLOUD SOLUTION                                    | Consensus Cloud Solutions Inc                                               | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1227414.02   | 0.22%             | 2028-10-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                        | Garda World Security Corp                                                   | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   2150000 | PA      | $1743650.00   | 0.32%             | 2029-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Gray Television Inc                                         | Gray Television Inc                                                         | CUSIP: 389375106<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |     16370 | NS      | $191529.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| iHeartCommunications Inc                                    | iHeartCommunications Inc                                                    | CUSIP: 45174HBC0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    146192 | PA      | $138515.12    | 0.03%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                    | Oasis Midstream Partners LP / OMP Finance Corp                              | CUSIP: 67421QAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1185956.88   | 0.22%             | 2029-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Cumulus Media Inc                                           | Cumulus Media Inc                                                           | CUSIP: 231082801<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     96961 | NS      | $709754.52    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DT MIDSTREAM INC                                            | DT Midstream Inc                                                            | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $626313.00    | 0.11%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| OPEN TEXT CORP                                              | Open Text Corp                                                              | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $295680.00    | 0.05%             | 2028-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                      | Penn National Gaming Inc                                                    | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $367571.25    | 0.07%             | 2029-07-01      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| Precision Drilling Corp                                     | Precision Drilling Corp                                                     | CUSIP: 740212AL9<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $588492.00    | 0.11%             | 2026-01-15      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| SCRIPPS ESCROW INC                                          | Scripps Escrow Inc                                                          | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1050000 | PA      | $935875.50    | 0.17%             | 2027-07-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| DANA INC                                                    | Dana Inc                                                                    | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    125000 | PA      | $100155.46    | 0.02%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DIAMOND BC BV                                               | Diamond BC BV                                                               | CUSIP: 25257DAA6<br>LEI: 549300SWLHWJF3D4N658 | Long             | DBT              | CORP              | NL        |   2800000 | PA      | $2115946.00   | 0.39%             | 2029-10-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                                       | Scripps Escrow II Inc                                                       | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $294784.00    | 0.05%             | 2029-01-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                    | Targa Resources Partners LP / Targa Resources Partners Finance Corp         | CUSIP: 87612BBL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $251682.50    | 0.05%             | 2027-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp                                               | DISH DBS Corp                                                               | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1111827.38   | 0.20%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                                      | Edgewell Personal Care Co                                                   | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $935572.60    | 0.17%             | 2029-04-01      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                       | Tenet Healthcare Corp                                                       | CUSIP: 88033GCX6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    875000 | PA      | $839510.00    | 0.15%             | 2027-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Team Health Holdings Inc                                    | Team Health Holdings Inc                                                    | CUSIP: 88047PAA2<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |    825000 | PA      | $481944.38    | 0.09%             | 2025-02-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| URBAN ONE INC                                               | Urban One Inc                                                               | CUSIP: 91705JAC9<br>LEI: 549300PLGIGPBRQUP240 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1269502.50   | 0.23%             | 2028-02-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| VERITAS US INC/BERMUDA L                                    | Veritas US Inc / Veritas Bermuda Ltd                                        | CUSIP: 92346LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1825000 | PA      | $1307295.68   | 0.24%             | 2025-09-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| EMBECTA CORP                                                | Embecta Corp                                                                | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |    425000 | PA      | $365242.88    | 0.07%             | 2030-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                    | Ford Motor Credit Co LLC                                                    | CUSIP: 345397XU2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1095122.00   | 0.20%             | 2026-01-08      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                                    | Vertical US Newco Inc                                                       | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1590741.25   | 0.29%             | 2027-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA VEND FIN IV                                    | Dolya Holdco 18 DAC                                                         | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |   1475000 | PA      | $1266368.63   | 0.23%             | 2028-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                    | Ford Motor Credit Co LLC                                                    | CUSIP: 345397ZX4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    825000 | PA      | $797358.95    | 0.15%             | 2024-11-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY COR                                    | GW B-CR Security Corp                                                       | CUSIP: 36257BAA7<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   3803000 | PA      | $3524407.13   | 0.64%             | 2027-11-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Gray Television Inc                                         | Gray Television Inc                                                         | CUSIP: 389375AJ5<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1937250.00   | 0.35%             | 2026-07-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| GRAY TELEVISION INC                                         | Gray Television Inc                                                         | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $778627.50    | 0.14%             | 2030-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Westrock Co                                                 | WestRock Co                                                                 | CUSIP: 96145D105<br>LEI: 5493004Z9TCQW68YVL89 | Long             | EC               | CORP              | US        |     10354 | NS      | $392623.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziggo Bond Co BV                                            | Ziggo Bond Finance BV                                                       | CUSIP: 98954UAB9<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |   2550000 | PA      | $2356608.00   | 0.43%             | 2027-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                    | Hess Midstream Partners LP                                                  | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $706875.00    | 0.13%             | 2028-06-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                        | IHO Verwaltungs GmbH                                                        | CUSIP: 44963BAD0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   1025000 | PA      | $872403.13    | 0.16%             | 2029-05-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ZIPRECRUITER INC                                            | ZipRecruiter Inc                                                            | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |    625000 | PA      | $511125.00    | 0.09%             | 2030-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                        | IHO Verwaltungs GmbH                                                        | CUSIP: 44963BAE8<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   1200000 | PA      | $1038265.38   | 0.19%             | 2027-05-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| iHeartMedia Inc                                             | iHeartMedia Inc                                                             | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91734 | NS      | $737541.36    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERFACE INC                                               | Interface Inc                                                               | CUSIP: 458665AS5<br>LEI: 549300VXZWQOIDFPU355 | Long             | DBT              | CORP              | US        |    650000 | PA      | $525761.56    | 0.10%             | 2028-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| KAR Auction Services Inc                                    | KAR Auction Services Inc                                                    | CUSIP: 48238TAA7<br>LEI: 5493004HKD20LBSG7D03 | Long             | DBT              | CORP              | US        |    412000 | PA      | $402889.35    | 0.07%             | 2025-06-01      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| GOTO GROUP INC                                              | Logan Merger Sub Inc                                                        | CUSIP: 541056AA5<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $1437965.61   | 0.26%             | 2027-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Lumentum Holdings Inc                                       | Lumentum Holdings Inc                                                       | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      9565 | NS      | $525501.10    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                      | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC       | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2950000 | PA      | $2460971.13   | 0.45%             | 2029-03-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                            | ALLIED UNIVERSAL HOLDCO SR UNSECURED 144A 07/27 9.75                        | CUSIP: 019576AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4650000 | PA      | $4204646.25   | 0.77%             | 2027-07-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| MALLINCKRODT FIN/SB                                         | Mallinckrodt International Finance SA / Mallinckrodt CB LLC                 | CUSIP: 561233AK3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1627000 | PA      | $841972.50    | 0.15%             | 2029-06-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                      | Match Group Inc                                                             | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1358841.25   | 0.25%             | 2030-08-01      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| ABC SUPPLY CO INC                                           | American Builders & Contractors Supply Co Inc                               | CUSIP: 024747AG2<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |    200000 | PA      | $165300.00    | 0.03%             | 2029-11-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                       | Antero Resources Corp                                                       | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    975000 | PA      | $914793.75    | 0.17%             | 2030-03-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| MIDWEST GMNG BOR/MWG FIN                                    | Midwest Gaming Borrower LLC                                                 | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $864720.00    | 0.16%             | 2029-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                         | Mozart Debt Merger Sub Inc                                                  | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1140672.63   | 0.21%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                                    | Archrock Partners LP / Archrock Partners Finance Corp                       | CUSIP: 03959KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2875000 | PA      | $2786450.00   | 0.51%             | 2027-04-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                                    | Ascent Resources Utica Holdings LLC / ARU Finance Corp                      | CUSIP: 04364VAR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $499162.50    | 0.09%             | 2028-12-31      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| NCR CORP                                                    | NCR Corp                                                                    | CUSIP: 62886EAZ1<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    500000 | PA      | $422588.17    | 0.08%             | 2030-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NRG Energy Inc                                              | NRG Energy Inc                                                              | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     20630 | NS      | $875743.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AVANTOR FUNDING INC                                         | Avantor Funding Inc                                                         | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   2075000 | PA      | $1911697.50   | 0.35%             | 2028-07-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| BALL CORP                                                   | Ball Corp                                                                   | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    875000 | PA      | $712573.75    | 0.13%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                       | Nabors Industries Inc                                                       | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170405.38    | 0.03%             | 2027-05-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                              | Owens-Brockway Glass Container Inc                                          | CUSIP: 69073TAS2<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    400000 | PA      | $384239.66    | 0.07%             | 2025-08-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                              | Owens-Brockway Glass Container Inc                                          | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    669000 | PA      | $644553.07    | 0.12%             | 2027-05-13      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Post Holdings Inc                                           | Post Holdings Inc                                                           | CUSIP: 737446AN4<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1958836.50   | 0.36%             | 2028-01-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                       | Bausch Health Cos Inc                                                       | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1575000 | PA      | $658779.66    | 0.12%             | 2030-01-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                       | Bausch Health Cos Inc                                                       | CUSIP: 071734AM9<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1850000 | PA      | $782355.75    | 0.14%             | 2029-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BELLRING BRANDS INC                                         | BellRing Brands Inc                                                         | CUSIP: 07831CAA1<br>LEI: 549300S3BOK5CMTS8054 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1692985.00   | 0.31%             | 2030-03-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Berry Global Inc                                            | Berry Global Escrow Corp                                                    | CUSIP: 085770AB1<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    975000 | PA      | $956533.50    | 0.17%             | 2027-07-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC                                           | Post Holdings Inc                                                           | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    250000 | PA      | $230000.00    | 0.04%             | 2029-12-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                    | Quicken Loans LLC / Quicken Loans Co-Issuer Inc                             | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    825000 | PA      | $665601.75    | 0.12%             | 2029-03-01      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| Boyd Gaming Corp                                            | Boyd Gaming Corp                                                            | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      8025 | NS      | $492173.25    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co/The                                              | Brink's Co/The                                                              | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     12255 | NS      | $732236.25    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SPCM SA                                                     | SPCM SA                                                                     | CUSIP: 7846ELAE7<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    325000 | PA      | $259366.25    | 0.05%             | 2030-03-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| SRS DISTRIBUTION INC                                        | SRS Distribution Inc                                                        | CUSIP: 78471RAD8<br>LEI: 549300ZQ3XP75BCYM468 | Long             | DBT              | CORP              | US        |   2425000 | PA      | $1991044.65   | 0.36%             | 2029-12-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                      | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1269898.24   | 0.23%             | 2030-03-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                      | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1497638.50   | 0.27%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| SIGNAL PARENT INC                                           | Signal Parent Inc                                                           | CUSIP: 82666QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1725000 | PA      | $761587.50    | 0.14%             | 2029-04-01      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                         | Sirius XM Radio Inc                                                         | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1204125.00   | 0.22%             | 2030-07-01      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                     | Standard Industries Inc/NJ                                                  | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $924131.25    | 0.17%             | 2030-07-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                                    | Suburban Propane Partners LP/Suburban Energy Finance Corp                   | CUSIP: 864486AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $856126.86    | 0.16%             | 2027-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                      | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1218822.00   | 0.22%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                    | CHS/Community Health Systems Inc                                            | CUSIP: 12543DBC3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    850000 | PA      | $785595.50    | 0.14%             | 2026-03-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| SYNEOS HEALTH INC                                           | Syneos Health Inc                                                           | CUSIP: 87166BAA0<br>LEI: 549300F1ZGKDS8P6GU13 | Long             | DBT              | CORP              | US        |    775000 | PA      | $613877.50    | 0.11%             | 2029-01-15      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| T-MOBILE USA INC                                            | T-Mobile USA Inc                                                            | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    450000 | PA      | $398407.91    | 0.07%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                    | Targa Resources Partners LP / Targa Resources Partners Finance Corp         | CUSIP: 87612BBG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1138182.00   | 0.21%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                       | Tenet Healthcare Corp                                                       | CUSIP: 88033GCY4<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    700000 | PA      | $665343.00    | 0.12%             | 2026-01-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CMG MEDIA CORPORATION                                       | Terrier Media Buyer Inc                                                     | CUSIP: 88146LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3950000 | PA      | $3009426.00   | 0.55%             | 2027-12-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC                                               | TransDigm Inc                                                               | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1464151.82   | 0.27%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Calpine Corp                                                | Calpine Corp                                                                | CUSIP: 131347CK0<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    232000 | PA      | $222550.06    | 0.04%             | 2026-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CALPINE CORP                                                | Calpine Corp                                                                | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1175851.43   | 0.22%             | 2031-03-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| TRANSMONTAIGE PARTNERS                                      | TransMontaigne Partners LP / TLP Finance Corp                               | CUSIP: 89376VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    775000 | PA      | $675910.54    | 0.12%             | 2026-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                                    | Trident TPI Holdings Inc                                                    | CUSIP: 89616RAB5<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1004457.97   | 0.18%             | 2024-08-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| US FOODS INC                                                | US Foods Inc                                                                | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    575000 | PA      | $510982.38    | 0.09%             | 2030-06-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                     | United Rentals North America Inc                                            | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    925000 | PA      | $803612.25    | 0.15%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US Foods Holding Corp                                       | US Foods Holding Corp                                                       | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     17335 | NS      | $634114.30    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                    | Univision Communications Inc                                                | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $852450.00    | 0.16%             | 2029-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| USI Inc/NY                                                  | USIS Merger Sub Inc                                                         | CUSIP: 91739VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4075000 | PA      | $3999269.47   | 0.73%             | 2025-05-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                    | USA Compression Partners LP / USA Compression Finance Corp                  | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2223548.63   | 0.41%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                      | VICI Properties LP / VICI Note Co Inc                                       | CUSIP: 92564RAF2<br>LEI: N/A                  | Long             | DBT              |  | US        |    500000 | PA      | $495786.89    | 0.09%             | 2024-05-01      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| VISTRA CORP                                                 | Vistra Operations Co LLC                                                    | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    375000 | PA      | $363382.22    | 0.07%             | 2026-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CHEEVER ESCROW ISSUER                                       | Cheever Escrow Issuer LLC                                                   | CUSIP: 16308NAA2<br>LEI: 254900JRWEYCJ9Z3ZP06 | Long             | DBT              | CORP              | US        |    350000 | PA      | $327832.75    | 0.06%             | 2027-10-01      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                    | Cheniere Energy Partners LP                                                 | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1466596.50   | 0.27%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                 | Vistra Operations Co LLC                                                    | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1331767.43   | 0.24%             | 2027-02-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                    | Western Midstream Operating LP                                              | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   2425000 | PA      | $2019570.31   | 0.37%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                    | Western Midstream Operating LP                                              | CUSIP: 958254AL8<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    225000 | PA      | $186041.25    | 0.03%             | 2048-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                             | Yum! Brands Inc                                                             | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    650000 | PA      | $595653.50    | 0.11%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                    | Cheniere Energy Partners LP                                                 | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    475000 | PA      | $387127.38    | 0.07%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COEUR MINING INC                                            | Coeur Mining Inc                                                            | CUSIP: 192108BC1<br>LEI: 5493003AVK173D48DR70 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1307010.88   | 0.24%             | 2029-02-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                                        | Cornerstone Building Brands Inc                                             | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |    600000 | PA      | $405756.00    | 0.07%             | 2029-01-15      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| CROWN AMER/CAP CORP VI                                      | Crown Americas LLC / Crown Americas Capital Corp VI                         | CUSIP: 228187AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $387882.00    | 0.07%             | 2026-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                    | EQM Midstream Partners LP                                                   | CUSIP: 26885BAE0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1144516.72   | 0.21%             | 2048-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                                       | Element Solutions Inc                                                       | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |    975000 | PA      | $834678.00    | 0.15%             | 2028-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ACADEMY LTD                                                 | Academy Ltd                                                                 | CUSIP: 00401YAA8<br>LEI: 549300BN53IR80C35Z14 | Long             | DBT              | CORP              | US        |    600000 | PA      | $568993.65    | 0.10%             | 2027-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Energizer Holdings Inc                                      | Energizer Holdings Inc                                                      | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |     22015 | NS      | $750491.35    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                      | Energizer Holdings Inc                                                      | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1235740.75   | 0.23%             | 2029-03-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                      | Albertsons Cos LLC / Safeway Inc / New Albertsons LP / Albertson's LLC      | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $430875.00    | 0.08%             | 2028-02-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                            | Allied Universal Holdco LLC / Allied Universal Finance Corp                 | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2425000 | PA      | $1742873.57   | 0.32%             | 2029-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Enviva Inc                                                  | Enviva Inc                                                                  | CUSIP: 29415B103<br>LEI: 549300WH5VXDEFM5KR81 | Long             | EC               | CORP              | US        |     14830 | NS      | $841602.50    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Core Trust - Federated Bank Loan Core Fund        | FEDERATED CORE TR FEDERATED BANK LOAN CORE FUND                             | CUSIP: 31409N804<br>LEI: 549300FJK5JF0KIC2N83 | Long             | EC               | RF                | US        |   1652997 | NS      | $14381077.07  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                      | AmeriGas Partners LP / AmeriGas Finance Corp                                | CUSIP: 030981AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1287657.00   | 0.24%             | 2026-08-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                      | AmeriGas Partners LP / AmeriGas Finance Corp                                | CUSIP: 030981AL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1218332.63   | 0.22%             | 2027-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                    | Antero Midstream Partners LP / Antero Midstream Finance Corp                | CUSIP: 03690EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    575000 | PA      | $587363.24    | 0.11%             | 2026-05-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                    | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                      | CUSIP: 03969AAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   3800000 | PA      | $2880970.00   | 0.53%             | 2027-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                    | Ford Motor Credit Co LLC                                                    | CUSIP: 345397A45<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1135783.25   | 0.21%             | 2027-01-09      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                    | Ford Motor Credit Co LLC                                                    | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1141918.75   | 0.21%             | 2027-08-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                    | Ford Motor Credit Co LLC                                                    | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1397698.50   | 0.26%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GMS Inc                                                     | GMS Inc                                                                     | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |     14405 | NS      | $707285.50    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                                    | Ascent Resources Utica Holdings LLC / ARU Finance Corp                      | CUSIP: 04364VAU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $383751.63    | 0.07%             | 2029-06-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                         | Avantor Funding Inc                                                         | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1159312.50   | 0.21%             | 2029-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| GAP INC/THE                                                 | Gap Inc/The                                                                 | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    525000 | PA      | $397052.25    | 0.07%             | 2031-10-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                                         | Go Daddy Operating Co LLC / GD Finance Co Inc                               | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $759490.09    | 0.14%             | 2027-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| H.B. FULLER CO                                              | HB Fuller Co                                                                | CUSIP: 40410KAA3<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |    375000 | PA      | $332677.50    | 0.06%             | 2028-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HOLLY NRG PRTNR/FIN CORP                                    | Holly Energy Partners LP / Holly Energy Finance Corp                        | CUSIP: 435765AH5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1026936.18   | 0.19%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HUB International Ltd                                       | HUB International Ltd                                                       | CUSIP: 44332PAD3<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   7275000 | PA      | $7212653.25   | 1.32%             | 2026-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC                                         | Jazz Securities DAC                                                         | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |   1050000 | PA      | $953951.25    | 0.17%             | 2029-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                            | Lamar Media Corp                                                            | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    675000 | PA      | $624962.25    | 0.11%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LEGACY LIFEPOINT HEALTH                                     | LifePoint Health Inc                                                        | CUSIP: 53219LAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $413347.53    | 0.08%             | 2025-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Mauser Packaging Solut                                      | BWAY Holding Co                                                             | CUSIP: 12429TAE4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1919379.00   | 0.35%             | 2025-04-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                      | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1749767.00   | 0.32%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                      | Match Group Holdings II LLC                                                 | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    700000 | PA      | $535697.30    | 0.10%             | 2031-10-01      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| NCR CORP                                                    | NCR Corp                                                                    | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    925000 | PA      | $806197.63    | 0.15%             | 2028-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| NRG Energy Inc                                              | NRG ENERGY INC COMPANY GUAR 01/28 5.75                                      | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    475000 | PA      | $455430.00    | 0.08%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NFP CORP                                                    | NFP Corp                                                                    | CUSIP: 65342RAD2<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |   6025000 | PA      | $5104410.13   | 0.93%             | 2028-08-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| NFP CORP                                                    | NFP Corp                                                                    | CUSIP: 65342RAF7<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |    625000 | PA      | $603403.63    | 0.11%             | 2030-10-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                                    | Nexstar Escrow Inc                                                          | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   2425000 | PA      | $2289769.88   | 0.42%             | 2027-07-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                            | CSC Holdings LLC                                                            | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1211535.13   | 0.22%             | 2030-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CAESARS RESORT / FINCO                                      | Colt Merger Sub Inc                                                         | CUSIP: 12770RAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1459379.75   | 0.27%             | 2025-07-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                    | Occidental Petroleum Corp                                                   | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    450000 | PA      | $457110.00    | 0.08%             | 2031-01-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                                        | OI European Group BV                                                        | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    575000 | PA      | $497122.00    | 0.09%             | 2030-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                    | Olympus Water US Holding Corp                                               | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    975000 | PA      | $791680.50    | 0.14%             | 2028-10-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                    | Olympus Water US Holding Corp                                               | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1229559.00   | 0.22%             | 2029-10-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                    | Centennial Resource Production LLC                                          | CUSIP: 15138AAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    375000 | PA      | $348546.85    | 0.06%             | 2026-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                    | Centennial Resource Production LLC                                          | CUSIP: 15138AAC4<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1381202.63   | 0.25%             | 2027-04-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| OPEN TEXT CORP                                              | Open Text Corp                                                              | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    575000 | PA      | $576414.50    | 0.11%             | 2027-12-01      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Range Resources Corp                                        | Range Resources Corp                                                        | CUSIP: 75281AAS8<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    492000 | PA      | $477387.60    | 0.09%             | 2025-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                        | Cleveland-Cliffs Inc                                                        | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1052160.00   | 0.19%             | 2029-03-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Devon Energy Corp                                           | Devon Energy Corp                                                           | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      8348 | NS      | $572004.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| RAPTOR ACQ/RAPTOR CO-ISS                                    | Raptor Acquisition Corp / Raptor Co-Issuer LLC                              | CUSIP: 75383KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $132580.59    | 0.02%             | 2026-11-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ROCKCLIFF ENERGY II LLC                                     | Rockcliff Energy II LLC                                                     | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |    775000 | PA      | $712008.00    | 0.13%             | 2029-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                      | Energizer Holdings Inc                                                      | CUSIP: 29272WAF6<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    375000 | PA      | $355740.52    | 0.07%             | 2027-12-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ENTERCOM MEDIA CORP                                         | Entercom Media Corp                                                         | CUSIP: 29365DAA7<br>LEI: 549300S5JUSXRHNCHD80 | Long             | DBT              | CORP              | US        |   2025000 | PA      | $519037.88    | 0.09%             | 2027-05-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| SS&C Technologies Inc                                       | SS&C Technologies Inc                                                       | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1579555.82   | 0.29%             | 2027-09-30      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SC GAMES HOLDIN/US FINCO                                    | Scientific Games Holdings LP/Scientific Games US FinCo Inc                  | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1263785.72   | 0.23%             | 2030-03-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                                       | Scripps Escrow II Inc                                                       | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $613200.00    | 0.11%             | 2031-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| SEALED AIR CORP                                             | Sealed Air Corp                                                             | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    725000 | PA      | $674982.25    | 0.12%             | 2029-04-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| GYP HOLDINGS III CORP                                       | GYP Holdings III Corp                                                       | CUSIP: 36261NAA5<br>LEI: 549300055I1KJWZH9690 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1317824.67   | 0.24%             | 2029-05-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                        | Garda World Security Corp                                                   | CUSIP: 36485MAK5<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    775000 | PA      | $696957.50    | 0.13%             | 2027-02-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| SOLARIS MIDSTREAM HOLDIN                                    | Solaris Midstream Holdings LLC                                              | CUSIP: 83419MAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |    475000 | PA      | $468426.00    | 0.09%             | 2026-04-01      | Fixed         | 7.63%                 | Yes           |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                     | Standard Industries Inc/NJ                                                  | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    500000 | PA      | $453900.00    | 0.08%             | 2028-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| HCA Inc                                                     | HCA Inc                                                                     | CUSIP: 404119BS7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1765191.93   | 0.32%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                    | Hess Midstream Operations LP                                                | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $428132.50    | 0.08%             | 2030-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                     | Standard Industries Inc/NJ                                                  | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1133042.79   | 0.21%             | 2031-01-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| TransDigm Inc                                               | TransDigm Inc                                                               | CUSIP: 893647BB2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1131220.50   | 0.21%             | 2026-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                                    | iHeartCommunications Inc                                                    | CUSIP: 45174HBE6<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    325000 | PA      | $289914.63    | 0.05%             | 2027-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LIFEPT/LEGACY LIFEPT                                        | RegionalCare Hospital Partners Holdings Inc / LifePoint Health Inc          | CUSIP: 53219LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $967842.00    | 0.18%             | 2026-12-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                                       | Trivium Packaging Finance BV                                                | CUSIP: 89686QAA4<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    475000 | PA      | $447015.38    | 0.08%             | 2026-08-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                    | United Shore Financial Services LLC                                         | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1902533.25   | 0.35%             | 2025-11-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| MILLENNIUM ESCROW CORP                                      | Millennium Escrow Corp                                                      | CUSIP: 60041CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1025000 | PA      | $740024.38    | 0.14%             | 2026-08-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                | Navient Corp                                                                | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    275000 | PA      | $240616.59    | 0.04%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                    | 1011778 BC ULC / New Red Finance Inc                                        | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   6150000 | PA      | $5187986.25   | 0.95%             | 2030-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                                      | Open Text Holdings Inc                                                      | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1025000 | PA      | $796660.75    | 0.15%             | 2031-12-01      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                                     | VZ Secured Financing BV                                                     | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |   1725000 | PA      | $1429611.00   | 0.26%             | 2032-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Vistra Corp                                                 | Vistra Corp                                                                 | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     35045 | NS      | $852644.85    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                    | Outfront Media Capital LLC / Outfront Media Capital Corp                    | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    675000 | PA      | $615937.50    | 0.11%             | 2027-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                    | Panther BF Aggregator 2 LP / Panther Finance Co Inc                         | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5585725.83   | 1.02%             | 2027-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                            | Vmed O2 UK Financing I PLC                                                  | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   1775000 | PA      | $1476853.25   | 0.27%             | 2031-07-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                      | WESCO Distribution Inc                                                      | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1571335.75   | 0.29%             | 2025-06-15      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| American Axle & Manufacturing Holdings Inc                  | American Axle & Manufacturing Holdings Inc                                  | CUSIP: 024061103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49653 | NS      | $516887.73    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PRECISION DRILLING CORP                                     | Precision Drilling Corp                                                     | CUSIP: 740212AM7<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |    725000 | PA      | $686230.63    | 0.13%             | 2029-01-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| SCIENCE APPLICATIONS INT                                    | Science Applications International Corp                                     | CUSIP: 808625AA5<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |    500000 | PA      | $461410.00    | 0.08%             | 2028-04-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                                    | Scientific Games International Inc                                          | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    550000 | PA      | $539488.13    | 0.10%             | 2029-11-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                                    | Scientific Games International Inc                                          | CUSIP: 80874YBG4<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1290793.75   | 0.24%             | 2025-07-01      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| INTELSAT JACKSON HOLDINGS S A                               | INTELSAT JACKSON HOLDINGS S A                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | LU        |      2171 | NS      | $14111.50     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                      | Southwestern Energy Co                                                      | CUSIP: 845467AT6<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    600000 | PA      | $525248.63    | 0.10%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                                   | TEGNA Inc                                                                   | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $991609.50    | 0.18%             | 2028-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                       | Tenet Healthcare Corp                                                       | CUSIP: 88033GDA5<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1131342.00   | 0.21%             | 2027-11-01      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                       | Tenet Healthcare Corp                                                       | CUSIP: 88033GDL1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $999125.75    | 0.18%             | 2029-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ABC SUPPLY CO INC                                           | American Builders & Contractors Supply Co Inc                               | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |    975000 | PA      | $883457.25    | 0.16%             | 2028-01-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                                    | Archrock Partners LP / Archrock Partners Finance Corp                       | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1347187.75   | 0.25%             | 2028-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                    | TerraForm Power Operating LLC                                               | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1014541.88   | 0.19%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| TransDigm Inc                                               | TransDigm Inc                                                               | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2715053.75   | 0.50%             | 2026-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM UK HOLDINGS                                       | TransDigm UK Holdings PLC                                                   | CUSIP: 89365DAB9<br>LEI: 549300JTYP71LZZSE903 | Long             | DBT              | CORP              | GB        |    675000 | PA      | $666241.88    | 0.12%             | 2026-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                            | Vmed O2 UK Financing I PLC                                                  | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $402010.00    | 0.07%             | 2031-01-31      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| WHITE CAP BUYER LLC                                         | White Cap Buyer LLC                                                         | CUSIP: 96350RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1467632.97   | 0.27%             | 2028-10-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| YUM! BRANDS INC                                             | Yum! Brands Inc                                                             | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    875000 | PA      | $812686.88    | 0.15%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Ardagh Metal Packaging SA                                   | Ardagh Metal Packaging SA                                                   | CUSIP: 000000000<br>LEI: 5493009WKQTU4FN9G032 | Long             | EC               | CORP              | LU        |    112525 | NS      | $502986.75    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ARD FINANCE SA                                              | ARD Finance SA                                                              | CUSIP: 00191AAD8<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |   3193920 | PA      | $2369553.28   | 0.43%             | 2027-06-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                                    | American Airlines Inc/AAdvantage Loyalty IP Ltd                             | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1000000 | PA      | $971498.20    | 0.18%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                             | AdaptHealth LLC                                                             | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1150000 | PA      | $978723.74    | 0.18%             | 2030-03-01      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Altice USA Inc                                              | Altice USA Inc                                                              | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               | CORP              | US        |     34365 | NS      | $156704.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AssuredPartners Inc                                         | AssuredPartners Inc                                                         | CUSIP: 04624VAA7<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2618933.27   | 0.48%             | 2025-08-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BALL CORP                                                   | Ball Corp                                                                   | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    350000 | PA      | $362355.00    | 0.07%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                       | Caesars Entertainment Inc                                                   | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    600000 | PA      | $503292.00    | 0.09%             | 2029-10-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU                                    | Camelot Return Merger Sub Inc                                               | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1013715.00   | 0.19%             | 2028-08-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| COMPASS MINERALS INTERNA                                    | Compass Minerals International Inc                                          | CUSIP: 20451NAE1<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1147188.00   | 0.21%             | 2024-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| DANA FINANCING LUX SARL                                     | Dana Financing Luxembourg Sarl                                              | CUSIP: 235822AB9<br>LEI: 222100DKCE3D036DQU13 | Long             | DBT              | CORP              | LU        |    525000 | PA      | $515160.80    | 0.09%             | 2025-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                                    | Diamond Sports Group LLC / Diamond Sports Finance Co                        | CUSIP: 25277LAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    475000 | PA      | $77797.39     | 0.01%             | 2026-08-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                    | EQM Midstream Partners LP                                                   | CUSIP: 26885BAC4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    600000 | PA      | $556680.00    | 0.10%             | 2028-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                    | Ford Motor Credit Co LLC                                                    | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1893687.50   | 0.35%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GRAY ESCROW II INC                                          | Gray Escrow II Inc                                                          | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1051572.50   | 0.19%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| HERENS HOLDCO SARL                                          | Herens Holdco Sarl                                                          | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |   2475000 | PA      | $1983972.38   | 0.36%             | 2028-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                    | Hess Midstream Operations LP                                                | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $550692.62    | 0.10%             | 2030-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                    | Hilton Domestic Operating Co Inc                                            | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    525000 | PA      | $486559.50    | 0.09%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CONDOR MERGER SUB INC                                       | Condor Merger Sub Inc                                                       | CUSIP: 579063AB4<br>LEI: 254900SAGUYT3MBUU161 | Long             | DBT              | CORP              | US        |   4175000 | PA      | $3425635.10   | 0.63%             | 2030-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                                       | Nabors Industries Ltd                                                       | CUSIP: 629571AB6<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |    825000 | PA      | $754875.00    | 0.14%             | 2028-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| NEWS CORP                                                   | News Corp                                                                   | CUSIP: 65249BAB5<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |    175000 | PA      | $160638.63    | 0.03%             | 2032-02-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                    | Quicken Loans LLC / Quicken Loans Co-Issuer Inc                             | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2250000 | PA      | $1743300.00   | 0.32%             | 2031-03-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| SPX FLOW INC                                                | Redwood Star Merger Sub Inc                                                 | CUSIP: 758071AA2<br>LEI: 5493003YXEKRBINIEM78 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $1803559.75   | 0.33%             | 2030-04-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                     | Sensata Technologies BV                                                     | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $174324.38    | 0.03%             | 2029-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                         | Sirius XM Radio Inc                                                         | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    675000 | PA      | $610227.00    | 0.11%             | 2026-09-01      | Fixed         | 3.13%                 | Yes           |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                    | TerraForm Power Operating LLC                                               | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1230375.13   | 0.23%             | 2028-01-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP HOLDG                                    | Picard Midco Inc                                                            | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1181136.83   | 0.22%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                    | Western Midstream Operating LP                                              | CUSIP: 958254AD6<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    550000 | PA      | $452922.28    | 0.08%             | 2044-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                    | Antero Midstream Partners LP / Antero Midstream Finance Corp                | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1408581.50   | 0.26%             | 2029-06-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                                      | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1550000 | PA      | $1242115.75   | 0.23%             | 2029-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS                                      | Axalta Coating Systems LLC                                                  | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |    425000 | PA      | $348500.00    | 0.06%             | 2029-02-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| AXALTA COAT/DUTCH HLD BV                                    | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV      | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    350000 | PA      | $321367.14    | 0.06%             | 2027-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Bausch Health Cos Inc                                       | Bausch Health Cos Inc                                                       | CUSIP: 071734107<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | EC               | CORP              | CA        |     17070 | NS      | $120002.10    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK KNIGHT INFOSERV LL                                    | Black Knight InfoServ LLC                                                   | CUSIP: 092174AA9<br>LEI: 549300H5PS5C68DAUX66 | Long             | DBT              | CORP              | US        |    675000 | PA      | $608343.75    | 0.11%             | 2028-09-01      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| BOYD GAMING CORP                                            | Boyd Gaming Corp                                                            | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    400000 | PA      | $372682.00    | 0.07%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                                          | CP Atlas Buyer Inc                                                          | CUSIP: 12597YAA7<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $2218232.50   | 0.41%             | 2028-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                            | CSC Holdings LLC                                                            | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    500000 | PA      | $361555.00    | 0.07%             | 2031-02-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| DISH NETWORK CORP                                           | DISH Network Corp                                                           | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    950000 | PA      | $977626.00    | 0.18%             | 2027-11-15      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| GARTNER INC                                                 | Gartner Inc                                                                 | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    300000 | PA      | $259927.50    | 0.05%             | 2030-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                    | Hilton Domestic Operating Co Inc                                            | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    950000 | PA      | $783146.75    | 0.14%             | 2032-02-15      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| NCR CORP                                                    | NCR Corp                                                                    | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1313604.12   | 0.24%             | 2029-04-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Navient Corp                                                | Navient Corp                                                                | CUSIP: 63938CAH1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    300000 | PA      | $292575.00    | 0.05%             | 2025-06-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                    | Occidental Petroleum Corp                                                   | CUSIP: 674599EB7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    975000 | PA      | $985042.50    | 0.18%             | 2025-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                        | Range Resources Corp                                                        | CUSIP: 75281ABJ7<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    650000 | PA      | $678905.50    | 0.12%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Red Rock Resorts Inc                                        | Red Rock Resorts, Inc. Class A                                              | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12890 | NS      | $580823.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                                    | SeaWorld Parks & Entertainment Inc                                          | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1553399.80   | 0.28%             | 2029-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                         | Sirius XM Radio Inc                                                         | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1350582.75   | 0.25%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                      | Southwestern Energy Co                                                      | CUSIP: 845467AP4<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    975000 | PA      | $1014198.36   | 0.19%             | 2028-09-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Stagwell Inc                                                | Stagwell Inc                                                                | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |    220440 | NS      | $1644482.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                      | Albertsons Cos LLC / Safeway Inc / New Albertsons LP / Albertson's LLC      | CUSIP: 013092AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $384395.63    | 0.07%             | 2026-03-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                       | Bausch Health Cos Inc                                                       | CUSIP: 071734AP2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $133290.00    | 0.02%             | 2027-02-01      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                    | CHS/Community Health Systems Inc                                            | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $562991.00    | 0.10%             | 2030-04-01      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                    | CHS/Community Health Systems Inc                                            | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    850000 | PA      | $649251.25    | 0.12%             | 2030-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings LLC                                            | CSC Holdings LLC                                                            | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    275000 | PA      | $250937.50    | 0.05%             | 2029-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Callon Petroleum Co                                         | Carrizo Oil & Gas Inc                                                       | CUSIP: 144577AJ2<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175027.53    | 0.03%             | 2025-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                | Centene Corp                                                                | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    575000 | PA      | $484137.47    | 0.09%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                     | Standard Industries Inc/NJ                                                  | CUSIP: 853496AC1<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2142920.97   | 0.39%             | 2027-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                       | Tenet Healthcare Corp                                                       | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $1944965.00   | 0.36%             | 2028-10-01      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                                       | Trivium Packaging Finance BV                                                | CUSIP: 89686QAB2<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |   3175000 | PA      | $2976496.97   | 0.54%             | 2027-08-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                                    | Virgin Media Secured Finance PLC                                            | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    275000 | PA      | $230039.06    | 0.04%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| WHITE CAP PARENT LLC                                        | White Cap Parent LLC                                                        | CUSIP: 96351CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1364454.56   | 0.25%             | 2026-03-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| TELENET FINANCE LUX NOTE                                    | Telenet Finance Luxembourg Notes Sarl                                       | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |   3400000 | PA      | $3070200.00   | 0.56%             | 2028-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ESC CB CHESAPEAKE ENER                                      | ESC CB CHESAPEAKE ENER 10/24 7                                              | CUSIP: 165ESCAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1275000 | PA      | $31875.00     | 0.01%             | 2024-10-01      | None          | 7.00%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                                         | Clarivate Science Holdings Corp                                             | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1500607.50   | 0.27%             | 2029-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                      | Comstock Resources Inc                                                      | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    475000 | PA      | $438282.50    | 0.08%             | 2030-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| DUN & BRADSTREET CORP                                       | Dun & Bradstreet Corp/The                                                   | CUSIP: 26483EAL4<br>LEI: RI37BMPWE56BCJ747E14 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $883088.75    | 0.16%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                    | EQM Midstream Partners LP                                                   | CUSIP: 26885BAL4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $864131.44    | 0.16%             | 2031-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                       | Colt Merger Sub Inc                                                         | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1558029.00   | 0.28%             | 2027-07-01      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| ENTEGRIS INC                                                | Entegris Inc                                                                | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $207770.00    | 0.04%             | 2029-05-01      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| GARDEN SPINCO CORP                                          | Garden Spinco Corp                                                          | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $292257.02    | 0.05%             | 2030-07-20      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| Graphic Packaging Holding Co                                | Graphic Packaging Holding Co                                                | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41366 | NS      | $950590.68    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| H&E EQUIPMENT SERVICES                                      | H&E Equipment Services Inc                                                  | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2013205.88   | 0.37%             | 2028-12-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ESC GCB INTELSAT JACKS                                      | ESC GCB INTELSAT JACKS                                                      | CUSIP: 458ESCAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1400000 | PA      | $0.00         | 0.00%             | 2023-08-01      | None          | 5.50%                 | Yes           |                  3 | On Loan: No      |
| ESC CB144A INTELSAT JA                                      | ESC CB144A INTELSAT JA                                                      | CUSIP: 458ESCAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    475000 | PA      | $0.00         | 0.00%             | 2025-07-15      | None          | 9.75%                 | Yes           |                  3 | On Loan: No      |
| LEGACY LIFEPOINT HEALTH                                     | LifePoint Health Inc                                                        | CUSIP: 53219LAS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $498337.25    | 0.09%             | 2027-02-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                      | Match Group Inc                                                             | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    550000 | PA      | $492805.19    | 0.09%             | 2028-06-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                                     | MIDAS OPCO HOLDINGS LLC                                                     | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3100000 | PA      | $2661877.00   | 0.49%             | 2029-08-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                                       | Nabors Industries Ltd                                                       | CUSIP: 629571AA8<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |    875000 | PA      | $842358.13    | 0.15%             | 2026-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Navient Corp                                                | Navient Corp                                                                | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    975000 | PA      | $930335.25    | 0.17%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| O-I Glass Inc                                               | O-I Glass Inc                                                               | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56380 | NS      | $925195.80    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                                                | SM Energy Co                                                                | CUSIP: 78454LAP5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    675000 | PA      | $662644.13    | 0.12%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SRS DISTRIBUTION INC                                        | SRS Distribution Inc                                                        | CUSIP: 78471RAC0<br>LEI: 549300ZQ3XP75BCYM468 | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1475119.91   | 0.27%             | 2029-07-01      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                          | Seagate HDD Cayman                                                          | CUSIP: 81180WBE0<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    900000 | PA      | $696703.50    | 0.13%             | 2031-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                     | Sensata Technologies BV                                                     | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    450000 | PA      | $427871.08    | 0.08%             | 2030-09-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                         | Sirius XM Radio Inc                                                         | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    975000 | PA      | $908924.25    | 0.17%             | 2029-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| STATION CASINOS LLC                                         | Station Casinos LLC                                                         | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    650000 | PA      | $574417.95    | 0.11%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| TAP ROCK RESOURCES LLC                                      | Tap Rock Resources LLC                                                      | CUSIP: 87602LAA0<br>LEI: 549300Y3SDS1HPFQ6H17 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1007054.63   | 0.18%             | 2026-10-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| TEGNA INC                                                   | TEGNA Inc                                                                   | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1357695.86   | 0.25%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                               | TransDigm Inc                                                               | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1203848.63   | 0.22%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                | US Foods Inc                                                                | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1450312.50   | 0.27%             | 2029-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                    | United Wholesale Mortgage LLC                                               | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1615711.50   | 0.30%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC                                         | Viavi Solutions Inc                                                         | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    275000 | PA      | $227376.88    | 0.04%             | 2029-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| VISTRA CORP                                                 | Vistra Operations Co LLC                                                    | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    525000 | PA      | $493415.52    | 0.09%             | 2027-07-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                        | WR Grace Holdings LLC                                                       | CUSIP: 92943GAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    925000 | PA      | $764919.50    | 0.14%             | 2029-08-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO                                    | Watco Cos LLC / Watco Finance Corp                                          | CUSIP: 941130AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1532868.75   | 0.28%             | 2027-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                    | Western Midstream Operating LP                                              | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170502.50    | 0.03%             | 2026-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                    | Western Midstream Operating LP                                              | CUSIP: 958254AH7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    825000 | PA      | $766623.00    | 0.14%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Berry Petroleum Co LLC                                      | Berry Petroleum Co LLC                                                      | CUSIP: 08580BAA4<br>LEI: DQ2XTZKV7SILNNV77403 | Long             | DBT              | CORP              | US        |    725000 | PA      | $687506.63    | 0.13%             | 2026-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                            | CSC Holdings LLC                                                            | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1825000 | PA      | $1160248.31   | 0.21%             | 2030-12-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION                                    | Catalent Pharma Solutions Inc                                               | CUSIP: 14879EAK4<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |    550000 | PA      | $448899.00    | 0.08%             | 2030-04-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| DISH DBS CORP                                               | DISH DBS Corp                                                               | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $589370.63    | 0.11%             | 2028-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                      | Energizer Holdings Inc                                                      | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1288353.50   | 0.24%             | 2028-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| DORNOCH DEBT MERGER SUB                                     | Dornoch Debt Merger Sub Inc                                                 | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3350000 | PA      | $2233501.55   | 0.41%             | 2029-10-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                    | Univision Communications Inc                                                | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    575000 | PA      | $574577.38    | 0.11%             | 2030-06-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP                                        | Entegris Escrow Corp                                                        | CUSIP: 29365BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    925000 | PA      | $865197.89    | 0.16%             | 2030-06-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                             | Fair Isaac Corp                                                             | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    500000 | PA      | $458115.00    | 0.08%             | 2028-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| GATES GLOBAL/GATES CORP                                     | Gates Global LLC / Gates Global Co                                          | CUSIP: 36740LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3725000 | PA      | $3596822.75   | 0.66%             | 2026-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| HOLLY NRG PRTNR/FIN CORP                                    | Holly Energy Partners LP / Holly Energy Finance Corp                        | CUSIP: 435765AJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $294013.84    | 0.05%             | 2027-04-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| KONTOOR BRANDS INC                                          | Kontoor Brands Inc                                                          | CUSIP: 50050NAA1<br>LEI: 549300M0CPXV65RFF271 | Long             | DBT              | CORP              | US        |    375000 | PA      | $306054.61    | 0.06%             | 2029-11-15      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| Koppers Inc                                                 | Koppers Inc                                                                 | CUSIP: 500605AH3<br>LEI: LTO4ZL5EBDR1NE6FGJ36 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3031843.75   | 0.55%             | 2025-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                                      | Minerva Merger Sub Inc                                                      | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   5075000 | PA      | $3806793.03   | 0.70%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MOHEGAN GAMING & ENT                                        | Mohegan Gaming & Entertainment                                              | CUSIP: 608328BH2<br>LEI: 549300UB083Z2NRDHC48 | Long             | DBT              | CORP              | US        |   3375000 | PA      | $3173225.63   | 0.58%             | 2026-02-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC                                              | NRG Energy Inc                                                              | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1288000.00   | 0.24%             | 2032-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                                    | Performance Food Group Inc                                                  | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $979005.50    | 0.18%             | 2029-08-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| POLAR US BORROWER LLC                                       | Polar US Borrower LLC / Schenectady International Group Inc                 | CUSIP: 73103PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1750000 | PA      | $732962.09    | 0.13%             | 2026-05-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Post Holdings Inc                                           | Post Holdings Inc                                                           | CUSIP: 737446AM6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    928000 | PA      | $905811.52    | 0.17%             | 2027-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                                         | Prestige Brands Inc                                                         | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |    425000 | PA      | $359581.88    | 0.07%             | 2031-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                    | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                         | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    875000 | PA      | $747175.63    | 0.14%             | 2026-10-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| STENA INTERNATIONAL SA                                      | Stena International SA                                                      | CUSIP: 85858EAB9<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | LU        |   1100000 | PA      | $1024724.34   | 0.19%             | 2025-02-01      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                                    | Suburban Propane Partners LP/Suburban Energy Finance Corp                   | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $556604.20    | 0.10%             | 2031-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                                        | TTM Technologies Inc                                                        | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    800000 | PA      | $679985.94    | 0.12%             | 2029-03-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                       | Tenet Healthcare Corp                                                       | CUSIP: 88033GDP2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    350000 | PA      | $332076.50    | 0.06%             | 2030-06-15      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| Bausch Health Cos Inc                                       | Bausch Health Cos Inc                                                       | CUSIP: 071734AC1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    700000 | PA      | $456012.69    | 0.08%             | 2027-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                      | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $315653.00    | 0.06%             | 2026-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Caesars Entertainment Inc                                   | Caesars Entertainment Inc                                                   | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |     16405 | NS      | $833538.05    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CALPINE CORP                                                | Calpine Corp                                                                | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    700000 | PA      | $627991.49    | 0.11%             | 2028-03-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| CALPINE CORP                                                | Calpine Corp                                                                | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    450000 | PA      | $389725.52    | 0.07%             | 2031-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| GAP INC/THE                                                 | Gap Inc/The                                                                 | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    650000 | PA      | $500204.25    | 0.09%             | 2029-10-01      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| Koppers Holdings Inc                                        | Koppers Holdings Inc                                                        | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28325 | NS      | $843801.75    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                                    | MPH Acquisition Holdings LLC                                                | CUSIP: 553283AC6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1390449.38   | 0.25%             | 2028-11-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| MADISON IAQ LLC                                             | Madison IAQ LLC                                                             | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173158.00    | 0.03%             | 2028-06-30      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                                    | Nexstar Broadcasting Inc                                                    | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1337175.00   | 0.24%             | 2028-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                    | Occidental Petroleum Corp                                                   | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1578025.63   | 0.29%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                            | Organon Finance 1 LLC                                                       | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1177262.50   | 0.22%             | 2031-04-30      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Pioneer Natural Resources Co                                | Pioneer Natural Resources Co                                                | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |      2369 | NS      | $559060.31    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKETMTGE C0-ISSUER INC                                    | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                         | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $312895.63    | 0.06%             | 2033-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                                         | Rocket Software Inc                                                         | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |   2675000 | PA      | $2107752.07   | 0.39%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                                    | Sinclair Television Group Inc                                               | CUSIP: 829259AY6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1322479.88   | 0.24%             | 2030-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SPRINT LLC                                                  | Sprint Corp                                                                 | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1405914.04   | 0.26%             | 2024-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                               | Synaptics Inc                                                               | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |    425000 | PA      | $354865.83    | 0.06%             | 2029-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                    | United Wholesale Mortgage LLC                                               | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    875000 | PA      | $775915.00    | 0.14%             | 2027-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| YUM! BRANDS INC                                             | Yum! Brands Inc                                                             | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1218483.75   | 0.22%             | 2032-01-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                                      | Adient Global Holdings Ltd                                                  | CUSIP: 00687YAA3<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |   2775000 | PA      | $2594444.63   | 0.47%             | 2026-08-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Mauser Packaging Solut                                      | BWAY Holding Co                                                             | CUSIP: 12429TAD6<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    925000 | PA      | $913572.92    | 0.17%             | 2024-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                      | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $376872.75    | 0.07%             | 2032-02-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                    | CHS/Community Health Systems Inc                                            | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    225000 | PA      | $188143.88    | 0.03%             | 2029-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                                      | Chesapeake Energy Corp                                                      | CUSIP: 165167DG9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168292.25    | 0.03%             | 2029-02-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                       | Colt Merger Sub Inc                                                         | CUSIP: 28470RAH5<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1459766.91   | 0.27%             | 2025-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE                                     | Global Medical Response Inc                                                 | CUSIP: 37960BAA3<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1527447.38   | 0.28%             | 2025-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| HCA Inc                                                     | HCA Inc                                                                     | CUSIP: 404119BR9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    650000 | PA      | $649234.28    | 0.12%             | 2025-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC                                            | HealthEquity Inc                                                            | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1184422.50   | 0.22%             | 2029-10-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| HELIOS SOFT/ION CORP SOL                                    | Helios Software Holdings Inc                                                | CUSIP: 42329HAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1075000 | PA      | $825304.31    | 0.15%             | 2028-05-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                       | HUB International Ltd                                                       | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   3375000 | PA      | $2961341.64   | 0.54%             | 2029-12-01      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| ESC CB144A INTELSAT JA                                      | ESC CB144A INTELSAT JA                                                      | CUSIP: 458ESCAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    325000 | PA      | $0.00         | 0.00%             | 2024-10-15      | None          | 8.50%                 | Yes           |                  3 | On Loan: No      |
| LIFEPOINT HEALTH INC                                        | LifePoint Health Inc                                                        | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    800000 | PA      | $470652.00    | 0.09%             | 2029-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| MIWD HLDCO II/MIWD FIN                                      | MIWD Holdco II LLC / MIWD Finance Corp                                      | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $492717.00    | 0.09%             | 2030-02-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                    | 1011778 BC ULC / New Red Finance Inc                                        | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    575000 | PA      | $524020.50    | 0.10%             | 2028-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| PDC Energy Inc                                              | PDC Energy Inc                                                              | CUSIP: 69327RAG6<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198991.00    | 0.04%             | 2024-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PDC Energy Inc                                              | PDC Energy Inc                                                              | CUSIP: 69327RAJ0<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1052062.00   | 0.19%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                                        | Rackspace Technology Global Inc                                             | CUSIP: 750098AA3<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |   2625000 | PA      | $1201368.00   | 0.22%             | 2028-12-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC                                               | TransDigm Inc                                                               | CUSIP: 893647BH9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    850000 | PA      | $853293.75    | 0.16%             | 2027-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                                    | Trident Merger Sub Inc                                                      | CUSIP: 89616RAA7<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $1939063.70   | 0.35%             | 2025-11-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| UPC BROADBAND FINCO BV                                      | UPC Broadband Finco BV                                                      | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |   3125000 | PA      | $2675937.50   | 0.49%             | 2031-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                    | USA Compression Partners LP / USA Compression Finance Corp                  | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1726317.00   | 0.32%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS                                      | Valeant Pharmaceuticals International                                       | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |   2275000 | PA      | $1096050.77   | 0.20%             | 2027-01-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                             | AdaptHealth LLC                                                             | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1087546.43   | 0.20%             | 2029-08-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| AMWINS GROUP INC                                            | AmWINS Group Inc                                                            | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2379538.98   | 0.44%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                                     | Asbury Automotive Group Inc                                                 | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    375000 | PA      | $317273.21    | 0.06%             | 2032-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                                    | Ascent Resources Utica Holdings LLC / ARU Finance Corp                      | CUSIP: 04364VAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1276113.53   | 0.23%             | 2026-11-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings LLC                                            | CSC Holdings LLC                                                            | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3440587.50   | 0.63%             | 2027-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CARS.COM INC                                                | Cars.com Inc                                                                | CUSIP: 14575EAA3<br>LEI: 5493002G6J07LNGX4M98 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1260206.34   | 0.23%             | 2028-11-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CROWNROCK LP/CROWNROCK F                                    | CrownRock LP / CrownRock Finance Inc                                        | CUSIP: 228701AF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2175226.75   | 0.40%             | 2025-10-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| DAVITA INC                                                  | DaVita Inc                                                                  | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    875000 | PA      | $709611.88    | 0.13%             | 2030-06-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                                    | Diamond Sports Group LLC / Diamond Sports Finance Co                        | CUSIP: 25277LAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1575000 | PA      | $62133.75     | 0.01%             | 2027-08-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                                       | DIRECTV Holdings LLC / DIRECTV Financing Co Inc                             | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1148431.25   | 0.21%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                    | EQM Midstream Partners LP                                                   | CUSIP: 26885BAK6<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    875000 | PA      | $770065.63    | 0.14%             | 2029-01-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| EMBECTA CORP                                                | Embecta Corp                                                                | CUSIP: 29082KAB1<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $960803.85    | 0.18%             | 2030-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                    | Ford Motor Credit Co LLC                                                    | CUSIP: 345397A60<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3525000 | PA      | $3417317.60   | 0.62%             | 2025-06-16      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                    | Ford Motor Credit Co LLC                                                    | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2427204.00   | 0.44%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                                 | Gartner Inc                                                                 | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    400000 | PA      | $377074.00    | 0.07%             | 2028-07-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                                    | Graphic Packaging International LLC                                         | CUSIP: 38869AAD9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106338.13    | 0.02%             | 2030-02-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| GRIFOLS ESCROW ISSUER                                       | Grifols Escrow Issuer SA                                                    | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |    800000 | PA      | $673152.00    | 0.12%             | 2028-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| GTCR AP Finance Inc                                         | GTCR AP Finance Inc                                                         | CUSIP: 40060QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    825000 | PA      | $797278.49    | 0.15%             | 2027-05-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| iHeartCommunications Inc                                    | iHeartCommunications Inc                                                    | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   4389973 | PA      | $3914275.53   | 0.72%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                                    | MPH Acquisition Holdings LLC                                                | CUSIP: 553283AD4<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |    375000 | PA      | $299956.88    | 0.05%             | 2028-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Federated Hermes Institutional Prime Value Obligations Fund | Federated Institutional Prime Value Obligations Fund                        | CUSIP: 60934N583<br>LEI: 254900OXLDDVEP8MMK94 | Long             | EC               | RF                | US        |  13328302 | NS      | $13322970.30  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY INC                                              | NRG Energy Inc                                                              | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    125000 | PA      | $100104.38    | 0.02%             | 2031-02-15      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| CHORD ENERGY CORP                                           | Oasis Petroleum Inc                                                         | CUSIP: 674215AL2<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    225000 | PA      | $220192.88    | 0.04%             | 2026-06-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                    | Occidental Petroleum Corp                                                   | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1104092.00   | 0.20%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                    | Occidental Petroleum Corp                                                   | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1148950.00   | 0.21%             | 2030-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                            | Organon Finance 1 LLC                                                       | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $292818.50    | 0.05%             | 2028-04-30      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                              | Owens-Brockway Glass Container Inc                                          | CUSIP: 690872AB2<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $975570.02    | 0.18%             | 2025-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                      | Penn National Gaming Inc                                                    | CUSIP: 707569AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $184716.85    | 0.03%             | 2027-01-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                                        | Rackspace Technology Global Inc                                             | CUSIP: 750098AB1<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1185282.00   | 0.22%             | 2028-02-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Range Resources Corp                                        | Range Resources Corp                                                        | CUSIP: 75281ABA6<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    113000 | PA      | $112560.43    | 0.02%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                        | IHO Verwaltungs GmbH                                                        | CUSIP: 80627DAC0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   1600000 | PA      | $1369083.42   | 0.25%             | 2026-09-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                                    | Sinclair Television Group Inc                                               | CUSIP: 829259AW0<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1464680.00   | 0.27%             | 2027-02-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                         | Sirius XM Radio Inc                                                         | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $906940.50    | 0.17%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Suburban Propane Partners LP                                | Suburban Propane Partners LP                                                | CUSIP: 864482104<br>LEI: JJAX4X60DE65EYFOTY73 | Long             | EC               | CORP              | US        |     51091 | NS      | $840957.86    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile USA Inc                                            | T-Mobile USA Inc                                                            | CUSIP: 87264AAV7<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1216683.25   | 0.22%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                    | Targa Resources Partners LP / Targa Resources Partners Finance Corp         | CUSIP: 87612BBQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1819278.50   | 0.33%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                       | Tenet Healthcare Corp                                                       | CUSIP: 88033GCS7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    401000 | PA      | $392980.00    | 0.07%             | 2024-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Townsquare Media Inc                                        | Townsquare Media Inc                                                        | CUSIP: 892231101<br>LEI: 549300XBA8C68H0DR538 | Long             | EC               | CORP              | US        |     63290 | NS      | $470244.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSALTA CORP                                              | TransAlta Corp                                                              | CUSIP: 89346DAH0<br>LEI: GJZNVO2UY6DNFNIYH321 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $411448.00    | 0.08%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                               | II-VI Inc                                                                   | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1369897.75   | 0.25%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                     | United Rentals North America Inc                                            | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    725000 | PA      | $624616.50    | 0.11%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                     | United Rentals North America Inc                                            | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    575000 | PA      | $552146.63    | 0.10%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR HOLDCO GMBH                                     | Vertical Holdco GmbH                                                        | CUSIP: 92537VAA8<br>LEI: 2549008GCHWX9EEMIS56 | Long             | DBT              | CORP              | DE        |   1099000 | PA      | $913911.92    | 0.17%             | 2028-07-15      | Fixed         | 7.63%                 | Yes           |                  2 | On Loan: No      |
| ULTRA RESOURCES CVR                                         | ULTRA RESOURCES CVR                                                         | CUSIP: 000000000<br>LEI: VZ4O3I6KP00FINKB5W86 | Long             | EC               | CORP              | US        |       833 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SPN NEW RES PE                                              | SPN NEW RES   PE SPN144ARE                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28457 | NS      | $2063132.50   | 0.38%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Mallinckrodt PLC                                            | Mallinckrodt PLC                                                            | CUSIP: 000000000<br>LEI: 549300LMDE3RUP8Z3L60 | Long             | EC               | CORP              | IE        |     57190 | NS      | $619081.75    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ARAMARK SERVICES INC                                        | Aramark Services Inc                                                        | CUSIP: 038522AR9<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1873959.38   | 0.34%             | 2025-05-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                    | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                      | CUSIP: 03969AAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1800000 | PA      | $1364670.00   | 0.25%             | 2027-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                                     | Asbury Automotive Group Inc                                                 | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1026879.50   | 0.19%             | 2029-11-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings LLC                                            | CSC Holdings LLC                                                            | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $1835009.25   | 0.34%             | 2028-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP                                       | CNX Midstream Partners LP                                                   | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $835178.46    | 0.15%             | 2030-04-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CALPINE CORP                                                | Calpine Corp                                                                | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    700000 | PA      | $641111.18    | 0.12%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CENTENE CORP                                                | Centene Corp                                                                | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1606199.25   | 0.29%             | 2029-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CIENA CORP                                                  | Ciena Corp                                                                  | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |    275000 | PA      | $230971.13    | 0.04%             | 2030-01-31      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Compass Minerals International Inc                          | Compass Minerals International Inc                                          | CUSIP: 20451N101<br>LEI: 2549008X9G8XP7YJGC47 | Long             | EC               | CORP              | US        |      7460 | NS      | $330851.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| COMSTOCK RESOURCES INC                                      | Comstock Resources Inc                                                      | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1955630.00   | 0.36%             | 2029-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| CROWNROCK LP/CROWNROCK F                                    | CrownRock LP / CrownRock Finance Inc                                        | CUSIP: 228701AG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $230600.00    | 0.04%             | 2029-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Dell Technologies Inc                                       | Dell Technologies Inc                                                       | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     13125 | NS      | $587868.75    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH DBS CORP                                               | DISH DBS Corp                                                               | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2075000 | PA      | $1369500.00   | 0.25%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                    | EQM Midstream Partners LP                                                   | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    225000 | PA      | $227633.63    | 0.04%             | 2027-06-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| ENDEAVOR ENERGY RESOURCE                                    | Endeavor Energy Resources LP / EER Finance Inc                              | CUSIP: 29260FAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $418882.13    | 0.08%             | 2028-01-30      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ENTERCOM MEDIA CORP                                         | Entercom Media Corp                                                         | CUSIP: 29365DAB5<br>LEI: 549300S5JUSXRHNCHD80 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $307003.50    | 0.06%             | 2029-03-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ENVIVA PARTNERS LP/FIN C                                    | Enviva Partners LP / Enviva Partners Finance Corp                           | CUSIP: 29413XAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2292182.16   | 0.42%             | 2026-01-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                    | Hilton Domestic Operating Co Inc                                            | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196278.00    | 0.04%             | 2028-05-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| IQVIA Inc                                                   | IQVIA Inc                                                                   | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    625000 | PA      | $602328.13    | 0.11%             | 2026-10-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| IQVIA Inc                                                   | IQVIA Inc                                                                   | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    575000 | PA      | $549759.93    | 0.10%             | 2027-05-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                            | Lamar Media Corp                                                            | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $291838.75    | 0.05%             | 2031-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Lear Corp                                                   | Lear Corp                                                                   | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |      2025 | NS      | $292086.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MADISON IAQ LLC                                             | Madison IAQ LLC                                                             | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |   4325000 | PA      | $3204781.75   | 0.59%             | 2029-06-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                      | Match Group Inc                                                             | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    350000 | PA      | $325603.94    | 0.06%             | 2027-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP                                     | MEDNAX Inc                                                                  | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    925000 | PA      | $782230.88    | 0.14%             | 2030-02-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                         | Mozart Debt Merger Sub Inc                                                  | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   5125000 | PA      | $4182640.63   | 0.76%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NCR CORP                                                    | NCR Corp                                                                    | CUSIP: 62886EAU2<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    825000 | PA      | $803372.63    | 0.15%             | 2027-09-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                | Navient Corp                                                                | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   2275000 | PA      | $1860984.44   | 0.34%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                        | Range Resources Corp                                                        | CUSIP: 75281ABK4<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    350000 | PA      | $314566.00    | 0.06%             | 2030-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| REAL HERO MERGER SUB 2                                      | Real Hero Merger Sub 2 Inc                                                  | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3075000 | PA      | $2126977.50   | 0.39%             | 2029-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ROBLOX CORP                                                 | ROBLOX Corp                                                                 | CUSIP: 771049AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1075000 | PA      | $880967.88    | 0.16%             | 2030-05-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| SM Energy Co                                                | SM Energy Co                                                                | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $981695.00    | 0.18%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Science Applications International Corp                     | Science Applications International Corp                                     | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |      8730 | NS      | $961260.30    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE HDD CAYMAN                                          | Seagate HDD Cayman                                                          | CUSIP: 81180WBF7<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |   1500000 | PA      | $1166934.23   | 0.21%             | 2029-07-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                                            | Sensata Technologies Inc                                                    | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    475000 | PA      | $421230.00    | 0.08%             | 2030-02-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                                    | Sensata Technologies Inc                                                    | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    325000 | PA      | $270773.75    | 0.05%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                      | Southwestern Energy Co                                                      | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    300000 | PA      | $282423.00    | 0.05%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                         | Station Casinos LLC                                                         | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    950000 | PA      | $797515.50    | 0.15%             | 2031-12-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| SUMMIT MID HLDS LLC / FI                                    | Summit Midstream Holdings LLC / Summit Midstream Finance Corp               | CUSIP: 86614WAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1175000 | PA      | $983992.00    | 0.18%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Teck Resources Ltd                                          | Teck Resources Ltd                                                          | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     18095 | NS      | $671143.55    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES / NOTE                                      | VICI Properties LP / VICI Note Co Inc                                       | CUSIP: 92564RAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $94253.21     | 0.02%             | 2025-02-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                                    | Virgin Media Finance PLC                                                    | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |   1550000 | PA      | $1292304.75   | 0.24%             | 2030-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Federated Hermes High Yield Trust

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes High Yield Trust

**Title:** Chief Compliance Officer