# EDGAR Filing Document

**Accession Number:** 0000764624
**File Stem:** 0000940400-26-026042
**Filing Date:** 2026-6
**Character Count:** 357508
**Document Hash:** c45fe0b1e7ad6e9aed64bfd4436db5ef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-026042.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0000940400-26-026042

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS INCOME TRUST
- **CENTRAL INDEX KEY:** 0000764624

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04254
- **FILM NUMBER:** 261127334

**BUSINESS ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 1-877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEGG MASON PARTNERS INCOME FUNDS
- **DATE OF NAME CHANGE:** 20060407

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY INCOME FUNDS
- **DATE OF NAME CHANGE:** 19941228

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY SHEARSON INCOME FUNDS
- **DATE OF NAME CHANGE:** 19931015

## Series and Classes Contracts Data

### Western Asset Short Duration High Income Fund (Series ID: S000008975)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000024383 | Class A      | SHIAX           |
| C000024385 | Class C      | LWHIX           |
| C000024386 | Class I      | SHIYX           |
| C000071124 | Class R      | LWSRX           |
| C000081534 | Class C1     | SHICX           |

## Nport-Ex

Schedule of Investments (unaudited)

April 30, 2026

***If you need assistance accessing this content, please reach out to your sales representative or send an email to*** <u>accessibility@franklintempleton.com.</u>

 **Western Asset Short Duration High Income Fund**

&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>(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity <br>Date<br>| Face <br>Amount†<br>| Value |
| **Corporate Bonds & Notes — 76.6%** | **Corporate Bonds & Notes — 76.6%** | **Corporate Bonds & Notes — 76.6%** | **Corporate Bonds & Notes — 76.6%** | **Corporate Bonds & Notes — 76.6%** |
| **Communication Services — 11.1%** | **Communication Services — 11.1%** | **Communication Services — 11.1%** | **Communication Services — 11.1%** | **Communication Services — 11.1%** |
| *Diversified Telecommunication Services — 2.1%* | *Diversified Telecommunication Services — 2.1%* | *Diversified Telecommunication Services — 2.1%* | *Diversified Telecommunication Services — 2.1%* | *Diversified Telecommunication Services — 2.1%* |
| &nbsp;&nbsp;&nbsp; Altice Financing SA, Senior Secured Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 1/15/28 | &nbsp;&nbsp; 4470000<br>| &nbsp;&nbsp;&nbsp; $3333336<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France Lux 3/Altice Holdings 1, Senior Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 494916<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France SA, Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 11/1/29 | &nbsp;&nbsp; 653226<br>| &nbsp;&nbsp;&nbsp; 667205<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France SA, Senior Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 2035063<br>| &nbsp;&nbsp;&nbsp; 2002132<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France SA, Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 4/15/32 | &nbsp;&nbsp; 871159<br>| &nbsp;&nbsp;&nbsp; 857322<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Level 3 Financing Inc., Senior Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 6/30/33 | &nbsp;&nbsp; 2600000<br>| &nbsp;&nbsp;&nbsp; 2685246<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; WULF Compute LLC, Senior Secured Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 1860000<br>| &nbsp;&nbsp;&nbsp; 1955995<br> <sup>(a)</sup><br>|
| *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | &nbsp;&nbsp; *11996152* |
| *Entertainment — 1.2%* | *Entertainment — 1.2%* | *Entertainment — 1.2%* | *Entertainment — 1.2%* | *Entertainment — 1.2%* |
| &nbsp;&nbsp;&nbsp; Allen Media LLC/Allen Media Co-Issuer Inc., Senior Notes | &nbsp;&nbsp; 10.500% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 1730000<br>| &nbsp;&nbsp;&nbsp; 683350<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Discovery Global Holdings Inc., Senior Notes | &nbsp;&nbsp; 4.279% | &nbsp;&nbsp; 3/15/32 | &nbsp;&nbsp; 4035000<br>| &nbsp;&nbsp;&nbsp; 3659664<br>|
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 6/4/31 | &nbsp;&nbsp; 1470000<br>| &nbsp;&nbsp;&nbsp; 1465649<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; OAK-Eagle Acquireco Inc., Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 7/1/33 | &nbsp;&nbsp; 1280000<br>| &nbsp;&nbsp;&nbsp; 1319515<br> <sup>(a)</sup><br>|
| *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | &nbsp;&nbsp; *7128178* |
| *Media — 6.6%* | *Media — 6.6%* | *Media — 6.6%* | *Media — 6.6%* | *Media — 6.6%* |
| &nbsp;&nbsp;&nbsp; AMC Networks Inc., Senior Secured Notes | &nbsp;&nbsp; 10.500% | &nbsp;&nbsp; 7/15/32 | &nbsp;&nbsp; 550000<br>| &nbsp;&nbsp;&nbsp; 567346<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp., Senior Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 1600000<br>| &nbsp;&nbsp;&nbsp; 1493272<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp., Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 2/1/32 | &nbsp;&nbsp; 5000000<br>| &nbsp;&nbsp;&nbsp; 4480750<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp., Senior Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 5/1/32 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 2636303<br>|
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 2/1/33 | &nbsp;&nbsp; 770000<br>| &nbsp;&nbsp;&nbsp; 759623<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings Inc., Senior Secured Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 1080000<br>| &nbsp;&nbsp;&nbsp; 1123515<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; DirecTV Financing LLC, Senior Secured Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 2/1/30 | &nbsp;&nbsp; 1970000<br>| &nbsp;&nbsp;&nbsp; 2008852<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; DirecTV Financing LLC/DirecTV Financing Co-Obligor Inc., Senior <br> Secured Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 990000<br>| &nbsp;&nbsp;&nbsp; 1030828<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; DISH DBS Corp., Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 7/1/26 | &nbsp;&nbsp; 2327000<br>| &nbsp;&nbsp;&nbsp; 2320101<br>|
| &nbsp;&nbsp;&nbsp; DISH DBS Corp., Senior Secured Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 12/1/26 | &nbsp;&nbsp; 1340000<br>| &nbsp;&nbsp;&nbsp; 1328282<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; DISH DBS Corp., Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 12/1/28 | &nbsp;&nbsp; 1200000<br>| &nbsp;&nbsp;&nbsp; 1179900<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; DISH Network Corp., Senior Secured Notes | &nbsp;&nbsp; 11.750% | &nbsp;&nbsp; 11/15/27 | &nbsp;&nbsp; 1650000<br>| &nbsp;&nbsp;&nbsp; 1704442<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; EchoStar Corp., Senior Secured Notes | &nbsp;&nbsp; 10.750% | &nbsp;&nbsp; 11/30/29 | &nbsp;&nbsp; 6273000<br>| &nbsp;&nbsp;&nbsp; 6814877<br>|
| &nbsp;&nbsp;&nbsp; EchoStar Corp., Senior Secured Notes (6.750% Cash or 6.750% PIK) | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 11/30/30 | &nbsp;&nbsp; 517020<br>| &nbsp;&nbsp;&nbsp; 525224<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Getty Images Inc., Senior Secured Notes | &nbsp;&nbsp; 11.250% | &nbsp;&nbsp; 2/21/30 | &nbsp;&nbsp; 150000<br>| &nbsp;&nbsp;&nbsp; 134111<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Getty Images Inc., Senior Secured Notes | &nbsp;&nbsp; 10.500% | &nbsp;&nbsp; 11/15/30 | &nbsp;&nbsp; 810000<br>| &nbsp;&nbsp;&nbsp; 718731<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mcclatchy Media Co. LLC, Senior Secured Notes (11.000% Cash or <br> 12.500% PIK) | &nbsp;&nbsp; 11.000% | &nbsp;&nbsp; 12/1/31 | &nbsp;&nbsp; 3523515<br>| &nbsp;&nbsp;&nbsp; 4025616<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nexstar Media Inc., Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 9/15/33 | &nbsp;&nbsp; 1590000<br>| &nbsp;&nbsp;&nbsp; 1603262<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Univision Communications Inc., Senior Secured Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 4/15/33 | &nbsp;&nbsp; 610000<br>| &nbsp;&nbsp;&nbsp; 613779<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Versant Media Group Inc., Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 1/30/31 | &nbsp;&nbsp; 1280000<br>| &nbsp;&nbsp;&nbsp; 1329606<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Virgin Media Finance PLC, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 7/15/30 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 337514<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; VZ Secured Financing BV, Senior Secured Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 679040<br> <sup>(a)</sup><br>|
| *Total Media* | *Total Media* | *Total Media* | *Total Media* | &nbsp;&nbsp; *37414974* |
| *Wireless Telecommunication Services — 1.2%* | *Wireless Telecommunication Services — 1.2%* | *Wireless Telecommunication Services — 1.2%* | *Wireless Telecommunication Services — 1.2%* | *Wireless Telecommunication Services — 1.2%* |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Senior Notes | &nbsp;&nbsp; 11.750% | &nbsp;&nbsp; 1/31/29 | &nbsp;&nbsp; 3540000<br>| &nbsp;&nbsp;&nbsp; 2537160<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 2/1/29 | &nbsp;&nbsp; 3320000<br>| &nbsp;&nbsp;&nbsp; 2069796<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 11/15/31 | &nbsp;&nbsp; 640000<br>| &nbsp;&nbsp;&nbsp; 229436<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Wireless Telecommunication Services — continued* | *Wireless Telecommunication Services — continued* | *Wireless Telecommunication Services — continued* | *Wireless Telecommunication Services — continued* | *Wireless Telecommunication Services — continued* |
| &nbsp;&nbsp;&nbsp; Vmed O2 UK Financing I PLC, Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 2240000<br>| &nbsp;&nbsp;&nbsp; $2049763<br> <sup>(a)</sup><br>|
| *Total Wireless Telecommunication Services* | *Total Wireless Telecommunication Services* | *Total Wireless Telecommunication Services* | *Total Wireless Telecommunication Services* | &nbsp;&nbsp; *6886155* |
| **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **63425459** |
| **Consumer Discretionary — 14.5%** | **Consumer Discretionary — 14.5%** | **Consumer Discretionary — 14.5%** | **Consumer Discretionary — 14.5%** | **Consumer Discretionary — 14.5%** |
| *Automobile Components — 3.2%* | *Automobile Components — 3.2%* | *Automobile Components — 3.2%* | *Automobile Components — 3.2%* | *Automobile Components — 3.2%* |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Inc., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 10/1/29 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 2916874<br>|
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Inc., Senior Secured Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 10/15/32 | &nbsp;&nbsp; 2080000<br>| &nbsp;&nbsp;&nbsp; 2077250<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Clarios Global LP/Clarios US Finance Co., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 2/15/30 | &nbsp;&nbsp; 3280000<br>| &nbsp;&nbsp;&nbsp; 3390241<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cyprium Corp./Cyprium Holdings Luxembourg Sarl, Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 4/15/31 | &nbsp;&nbsp; 1990000<br>| &nbsp;&nbsp;&nbsp; 2008714<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; JB Poindexter & Co. Inc., Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 12/15/31 | &nbsp;&nbsp; 2600000<br>| &nbsp;&nbsp;&nbsp; 2697482<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 4/14/30 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 200652<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 4/23/30 | &nbsp;&nbsp; 3400000<br>| &nbsp;&nbsp;&nbsp; 3379168<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 3/24/31 | &nbsp;&nbsp; 1250000<br>| &nbsp;&nbsp;&nbsp; 1252466<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/23/32 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 470011<br> <sup>(a)</sup><br>|
| *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | &nbsp;&nbsp; *18392858* |
| *Automobiles — 1.8%* | *Automobiles — 1.8%* | *Automobiles — 1.8%* | *Automobiles — 1.8%* | *Automobiles — 1.8%* |
| &nbsp;&nbsp;&nbsp; Ford Motor Co., Senior Notes | &nbsp;&nbsp; 6.100% | &nbsp;&nbsp; 8/19/32 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1019969<br>|
| &nbsp;&nbsp;&nbsp; Nissan Motor Co. Ltd., Senior Notes | &nbsp;&nbsp; 4.810% | &nbsp;&nbsp; 9/17/30 | &nbsp;&nbsp; 1970000<br>| &nbsp;&nbsp;&nbsp; 1841594<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; PM General Purchaser LLC, Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 10/1/28 | &nbsp;&nbsp; 7720000<br>| &nbsp;&nbsp;&nbsp; 7198900<br> <sup>(a)</sup><br>|
| *Total Automobiles* | *Total Automobiles* | *Total Automobiles* | *Total Automobiles* | &nbsp;&nbsp; *10060463* |
| *Hotels, Restaurants & Leisure — 5.7%* | *Hotels, Restaurants & Leisure — 5.7%* | *Hotels, Restaurants & Leisure — 5.7%* | *Hotels, Restaurants & Leisure — 5.7%* | *Hotels, Restaurants & Leisure — 5.7%* |
| &nbsp;&nbsp;&nbsp; Brightstar Lottery PLC/Brightstar Global Solutions Corp., Senior <br> Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 1150000<br>| &nbsp;&nbsp;&nbsp; 1128316<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Carnival Corp., Senior Notes | &nbsp;&nbsp; 5.125% | &nbsp;&nbsp; 5/1/29 | &nbsp;&nbsp; 5090000<br>| &nbsp;&nbsp;&nbsp; 5077392<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Carnival Corp., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 6/15/31 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 253693<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Carnival Corp., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 140000<br>| &nbsp;&nbsp;&nbsp; 142129<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Fertitta Entertainment LLC/Fertitta Entertainment Finance Co. Inc., <br> Senior Secured Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 1/15/29 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1461231<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Full House Resorts Inc., Senior Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 2770000<br>| &nbsp;&nbsp;&nbsp; 2632911<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 6/15/28 | &nbsp;&nbsp; 150000<br>| &nbsp;&nbsp;&nbsp; 152213<br>|
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 6/14/30 | &nbsp;&nbsp; 1040000<br>| &nbsp;&nbsp;&nbsp; 1072502<br>|
| &nbsp;&nbsp;&nbsp; Life Time Inc., Senior Secured Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 11/15/31 | &nbsp;&nbsp; 1310000<br>| &nbsp;&nbsp;&nbsp; 1330538<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Melco Resorts Finance Ltd., Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 12/4/29 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 977567<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Melco Resorts Finance Ltd., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 9/24/33 | &nbsp;&nbsp; 1980000<br>| &nbsp;&nbsp;&nbsp; 1960486<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; MGM Resorts International, Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 4/15/27 | &nbsp;&nbsp; 1140000<br>| &nbsp;&nbsp;&nbsp; 1142222<br>|
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 1/15/31 | &nbsp;&nbsp; 2760000<br>| &nbsp;&nbsp;&nbsp; 2687895<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 2/1/32 | &nbsp;&nbsp; 410000<br>| &nbsp;&nbsp;&nbsp; 408335<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rivers Enterprise Borrower LLC, Senior Secured Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 1890000<br>| &nbsp;&nbsp;&nbsp; 1923542<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC, Senior Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 1/15/32 | &nbsp;&nbsp; 790000<br>| &nbsp;&nbsp;&nbsp; 803601<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 4500000<br>| &nbsp;&nbsp;&nbsp; 4514398<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd., Senior Notes | &nbsp;&nbsp; 9.125% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 2108254<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; VOC Escrow Ltd., Senior Secured Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 249807<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wynn Resorts Finance LLC/Wynn Resorts Capital Corp., Senior Notes | &nbsp;&nbsp; 5.125% | &nbsp;&nbsp; 10/1/29 | &nbsp;&nbsp; 2300000<br>| &nbsp;&nbsp;&nbsp; 2286003<br> <sup>(a)</sup><br>|
| *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | &nbsp;&nbsp; *32313035* |

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Household Durables — 1.0%* | *Household Durables — 1.0%* | *Household Durables — 1.0%* | *Household Durables — 1.0%* | *Household Durables — 1.0%* |
| &nbsp;&nbsp;&nbsp; Dream Finders Homes Inc., Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 8/15/28 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; $2051446<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dream Finders Homes Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 9/15/30 | &nbsp;&nbsp; 1300000<br>| &nbsp;&nbsp;&nbsp; 1275937<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Newell Brands Inc., Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 6/1/28 | &nbsp;&nbsp; 670000<br>| &nbsp;&nbsp;&nbsp; 700545<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TopBuild Corp., Senior Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 2/15/32 | &nbsp;&nbsp; 1400000<br>| &nbsp;&nbsp;&nbsp; 1400947<br> <sup>(a)</sup><br>|
| *Total Household Durables* | *Total Household Durables* | *Total Household Durables* | *Total Household Durables* | &nbsp;&nbsp; *5428875* |
| *Specialty Retail — 2.8%* | *Specialty Retail — 2.8%* | *Specialty Retail — 2.8%* | *Specialty Retail — 2.8%* | *Specialty Retail — 2.8%* |
| &nbsp;&nbsp;&nbsp; Academy Ltd., Senior Secured Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 11/15/27 | &nbsp;&nbsp; 440000<br>| &nbsp;&nbsp;&nbsp; 440319<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Gee Automotive Holdings LLC, Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 1700000<br>| &nbsp;&nbsp;&nbsp; 1729971<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Global Auto Holdings Ltd./AAG FH UK Ltd., Senior Notes | &nbsp;&nbsp; 8.375% | &nbsp;&nbsp; 1/15/29 | &nbsp;&nbsp; 2500000<br>| &nbsp;&nbsp;&nbsp; 2385900<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Global Auto Holdings Ltd./AAG FH UK Ltd., Senior Notes | &nbsp;&nbsp; 11.500% | &nbsp;&nbsp; 8/15/29 | &nbsp;&nbsp; 1440000<br>| &nbsp;&nbsp;&nbsp; 1463198<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Michaels Cos. Inc., Secured Notes | &nbsp;&nbsp; 11.000% | &nbsp;&nbsp; 3/15/34 | &nbsp;&nbsp; 3670000<br>| &nbsp;&nbsp;&nbsp; 3545913<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petco Health & Wellness Co. Inc., Senior Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 2/1/31 | &nbsp;&nbsp; 3230000<br>| &nbsp;&nbsp;&nbsp; 3263919<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sally Holdings LLC/Sally Capital Inc., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 4/1/32 | &nbsp;&nbsp; 780000<br>| &nbsp;&nbsp;&nbsp; 804455<br>|
| &nbsp;&nbsp;&nbsp; Upbound Group Inc., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 2590000<br>| &nbsp;&nbsp;&nbsp; 2561494<br> <sup>(a)</sup><br>|
| *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | &nbsp;&nbsp; *16195169* |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **82390400** |
| **Consumer Staples — 1.0%** | **Consumer Staples — 1.0%** | **Consumer Staples — 1.0%** | **Consumer Staples — 1.0%** | **Consumer Staples — 1.0%** |
| *Food Products — 1.0%* | *Food Products — 1.0%* | *Food Products — 1.0%* | *Food Products — 1.0%* | *Food Products — 1.0%* |
| &nbsp;&nbsp;&nbsp; Simmons Foods Inc./Simmons Prepared Foods Inc./Simmons Pet <br> Food Inc./Simmons Feed Ingredients Inc., Secured Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 3/1/29 | &nbsp;&nbsp; 1360000<br>| &nbsp;&nbsp;&nbsp; 1313078<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TKC Holdings Inc., Senior Secured Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 4030000<br>| &nbsp;&nbsp;&nbsp; 4127739<br> <sup>(a)</sup><br>|
| **Total Consumer Staples** | **Total Consumer Staples** | **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **5440817** |
| **Energy — 9.0%** | **Energy — 9.0%** | **Energy — 9.0%** | **Energy — 9.0%** | **Energy — 9.0%** |
| *Energy Equipment & Services — 0.5%* | *Energy Equipment & Services — 0.5%* | *Energy Equipment & Services — 0.5%* | *Energy Equipment & Services — 0.5%* | *Energy Equipment & Services — 0.5%* |
| &nbsp;&nbsp;&nbsp; Nabors Industries Inc., Senior Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 8/15/31 | &nbsp;&nbsp; 1830000<br>| &nbsp;&nbsp;&nbsp; 1933197<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; WBI Operating LLC, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1014455<br> <sup>(a)</sup><br>|
| *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | &nbsp;&nbsp; *2947652* |
| *Oil, Gas & Consumable Fuels — 8.5%* | *Oil, Gas & Consumable Fuels — 8.5%* | *Oil, Gas & Consumable Fuels — 8.5%* | *Oil, Gas & Consumable Fuels — 8.5%* | *Oil, Gas & Consumable Fuels — 8.5%* |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP/Antero Midstream Finance Corp., <br> Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 1270000<br>| &nbsp;&nbsp;&nbsp; 1268219<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Australian Metcoal Financing Pty Ltd., Senior Secured Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 10/22/31 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1013949<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Blue Racer Midstream LLC/Blue Racer Finance Corp., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 7/15/29 | &nbsp;&nbsp; 2980000<br>| &nbsp;&nbsp;&nbsp; 3091705<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Blue Racer Midstream LLC/Blue Racer Finance Corp., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 7/15/32 | &nbsp;&nbsp; 761000<br>| &nbsp;&nbsp;&nbsp; 796513<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Chord Energy Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 10/1/30 | &nbsp;&nbsp; 970000<br>| &nbsp;&nbsp;&nbsp; 989113<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Chord Energy Corp., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 1970000<br>| &nbsp;&nbsp;&nbsp; 2050932<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Crescent Energy Finance LLC, Senior Notes | &nbsp;&nbsp; 7.625% | &nbsp;&nbsp; 4/1/32 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 3090651<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Granite Ridge Resources Inc., Senior Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 11/5/29 | &nbsp;&nbsp; 3110000<br>| &nbsp;&nbsp;&nbsp; 3047575<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Hess Midstream Operations LP, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 3/1/28 | &nbsp;&nbsp; 1140000<br>| &nbsp;&nbsp;&nbsp; 1151824<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Hess Midstream Operations LP, Senior Notes | &nbsp;&nbsp; 4.250% | &nbsp;&nbsp; 2/15/30 | &nbsp;&nbsp; 160000<br>| &nbsp;&nbsp;&nbsp; 155260<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Hilcorp Energy I LP/Hilcorp Finance Co., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 4/15/30 | &nbsp;&nbsp; 1350000<br>| &nbsp;&nbsp;&nbsp; 1345416<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; New Generation Gas Gathering LLC, Senior Secured Notes (3 mo. <br> Term SOFR + 5.750%) | &nbsp;&nbsp; 9.414% | &nbsp;&nbsp; 9/30/29 | &nbsp;&nbsp; 2648649<br>| &nbsp;&nbsp;&nbsp; 2754734<br> <sup>(a)(d)(e)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas Inc., Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 6/15/31 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1567065<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Permian Resources Operating LLC, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 7/1/29 | &nbsp;&nbsp; 3500000<br>| &nbsp;&nbsp;&nbsp; 3504378<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Permian Resources Operating LLC, Senior Notes | &nbsp;&nbsp; 9.875% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 646000<br>| &nbsp;&nbsp;&nbsp; 683764<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rockies Express Pipeline LLC, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 410000<br>| &nbsp;&nbsp;&nbsp; 427692<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* |
| &nbsp;&nbsp;&nbsp; Summit Midstream Holdings LLC, Senior Secured Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 10/31/29 | &nbsp;&nbsp; 520000<br>| &nbsp;&nbsp;&nbsp; $543961<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sunoco LP, Junior Subordinated Notes (7.875% to 9/18/30 then 5 year <br> Treasury Constant Maturity Rate + 4.230%) | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 9/18/30 | &nbsp;&nbsp; 2563000<br>| &nbsp;&nbsp;&nbsp; 2655642<br> <sup>(a)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sunoco LP, Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 3/15/31 | &nbsp;&nbsp; 1260000<br>| &nbsp;&nbsp;&nbsp; 1265174<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., Senior <br> Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 570000<br>| &nbsp;&nbsp;&nbsp; 587523<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Calcasieu Pass LLC, Senior Secured Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 11/1/33 | &nbsp;&nbsp; 1690000<br>| &nbsp;&nbsp;&nbsp; 1507012<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global LNG Inc., Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 2/1/29 | &nbsp;&nbsp; 1880000<br>| &nbsp;&nbsp;&nbsp; 2052588<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global LNG Inc., Senior Secured Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 1160000<br>| &nbsp;&nbsp;&nbsp; 1193736<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global LNG Inc., Senior Secured Notes | &nbsp;&nbsp; 8.375% | &nbsp;&nbsp; 6/1/31 | &nbsp;&nbsp; 5500000<br>| &nbsp;&nbsp;&nbsp; 5737072<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC, Senior Secured Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 12/15/30 | &nbsp;&nbsp; 810000<br>| &nbsp;&nbsp;&nbsp; 835712<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC, Senior Secured Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 5/1/33 | &nbsp;&nbsp; 2820000<br>| &nbsp;&nbsp;&nbsp; 3128502<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Vermilion Energy Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 5/1/30 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 2021033<br> <sup>(a)</sup><br>|
| *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | &nbsp;&nbsp; *48466745* |
| **Total Energy** | **Total Energy** | **Total Energy** | **Total Energy** | &nbsp;&nbsp; **51414397** |
| **Financials — 8.5%** | **Financials — 8.5%** | **Financials — 8.5%** | **Financials — 8.5%** | **Financials — 8.5%** |
| *Banks — 1.8%* | *Banks — 1.8%* | *Banks — 1.8%* | *Banks — 1.8%* | *Banks — 1.8%* |
| &nbsp;&nbsp;&nbsp; Banco Santander SA, Junior Subordinated Notes (9.625% to 11/21/33 <br> then 5 year Treasury Constant Maturity Rate + 5.298%) | &nbsp;&nbsp; 9.625% | &nbsp;&nbsp; 5/21/33 | &nbsp;&nbsp; 1200000<br>| &nbsp;&nbsp;&nbsp; 1428667<br> <sup>(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bank of America Corp., Junior Subordinated Notes (5.875% to <br> 3/15/28 then 3 mo. Term SOFR + 3.193%) | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 3/15/28 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 692786<br> <sup>(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BNP Paribas SA, Junior Subordinated Notes (7.750% to 8/16/29 then <br> 5 year Treasury Constant Maturity Rate + 4.899%) | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 8/16/29 | &nbsp;&nbsp; 2520000<br>| &nbsp;&nbsp;&nbsp; 2650624<br> <sup>(a)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BNP Paribas SA, Junior Subordinated Notes (8.000% to 8/22/31 then <br> 5 year Treasury Constant Maturity Rate + 3.727%) | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 8/22/31 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 514812<br> <sup>(a)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Citigroup Inc., Junior Subordinated Notes (7.200% to 5/15/29 then 5 <br> year Treasury Constant Maturity Rate + 2.905%) | &nbsp;&nbsp; 7.200% | &nbsp;&nbsp; 5/15/29 | &nbsp;&nbsp; 1300000<br>| &nbsp;&nbsp;&nbsp; 1327040<br> <sup>(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC, Junior Subordinated Notes (8.000% to <br> 3/27/30 then 5 year Treasury Constant Maturity Rate + 3.913%) | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 9/27/29 | &nbsp;&nbsp; 1480000<br>| &nbsp;&nbsp;&nbsp; 1583576<br> <sup>(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Toronto-Dominion Bank, Junior Subordinated Notes (8.125% to <br> 10/31/27 then 5 year Treasury Constant Maturity Rate + 4.075%) | &nbsp;&nbsp; 8.125% | &nbsp;&nbsp; 10/31/82 | &nbsp;&nbsp; 2300000<br>| &nbsp;&nbsp;&nbsp; 2393875<br> <sup>(f)</sup><br>|
| *Total Banks* | *Total Banks* | *Total Banks* | *Total Banks* | &nbsp;&nbsp; *10591380* |
| *Capital Markets — 0.5%* | *Capital Markets — 0.5%* | *Capital Markets — 0.5%* | *Capital Markets — 0.5%* | *Capital Markets — 0.5%* |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp., Junior Subordinated Notes (4.000% to 12/1/30 <br> then 10 year Treasury Constant Maturity Rate + 3.079%) | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 12/1/30 | &nbsp;&nbsp; 790000<br>| &nbsp;&nbsp;&nbsp; 736811<br> <sup>(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Coinbase Global Inc., Senior Notes | &nbsp;&nbsp; 3.375% | &nbsp;&nbsp; 10/1/28 | &nbsp;&nbsp; 1100000<br>| &nbsp;&nbsp;&nbsp; 1055387<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Credit Suisse AG AT1 Claim | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1010000<br>| &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(d)(e)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; StoneX Group Inc., Secured Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 910000<br>| &nbsp;&nbsp;&nbsp; 958765<br> <sup>(a)</sup><br>|
| *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | &nbsp;&nbsp; *2750963* |
| *Consumer Finance — 0.6%* | *Consumer Finance — 0.6%* | *Consumer Finance — 0.6%* | *Consumer Finance — 0.6%* | *Consumer Finance — 0.6%* |
| &nbsp;&nbsp;&nbsp; FirstCash Inc., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 1/1/30 | &nbsp;&nbsp; 2380000<br>| &nbsp;&nbsp;&nbsp; 2370006<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Midcap Financial Issuer Trust, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 5/1/28 | &nbsp;&nbsp; 920000<br>| &nbsp;&nbsp;&nbsp; 913304<br> <sup>(a)</sup><br>|
| *Total Consumer Finance* | *Total Consumer Finance* | *Total Consumer Finance* | *Total Consumer Finance* | &nbsp;&nbsp; *3283310* |
| *Financial Services — 2.6%* | *Financial Services — 2.6%* | *Financial Services — 2.6%* | *Financial Services — 2.6%* | *Financial Services — 2.6%* |
| &nbsp;&nbsp;&nbsp; Block Inc., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 1200000<br>| &nbsp;&nbsp;&nbsp; 1201889<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Burford Capital Global Finance LLC, Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/30 | &nbsp;&nbsp; 870000<br>| &nbsp;&nbsp;&nbsp; 808060<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Capstone Borrower Inc., Senior Secured Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 6/15/30 | &nbsp;&nbsp; 520000<br>| &nbsp;&nbsp;&nbsp; 502020<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Financial Services — continued* | *Financial Services — continued* | *Financial Services — continued* | *Financial Services — continued* | *Financial Services — continued* |
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance Inc., Senior Secured Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 11/15/29 | &nbsp;&nbsp; 660000<br>| &nbsp;&nbsp;&nbsp; $641388<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance Inc., Senior Secured Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 4/30/31 | &nbsp;&nbsp; 1690000<br>| &nbsp;&nbsp;&nbsp; 1753174<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance Inc., Senior Secured Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 11/1/32 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 211224<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance Inc., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 5/1/33 | &nbsp;&nbsp; 60000<br>| &nbsp;&nbsp;&nbsp; 61671<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NCR Atleos Corp., Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 4/1/29 | &nbsp;&nbsp; 1350000<br>| &nbsp;&nbsp;&nbsp; 1436956<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rocket Cos. Inc., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 1300000<br>| &nbsp;&nbsp;&nbsp; 1319955<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; VistaJet Malta Finance PLC/Vista Management Holding Inc., Senior <br> Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 6/1/28 | &nbsp;&nbsp; 3700000<br>| &nbsp;&nbsp;&nbsp; 3743537<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; VistaJet Malta Finance PLC/Vista Management Holding Inc., Senior <br> Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 2/1/30 | &nbsp;&nbsp; 3360000<br>| &nbsp;&nbsp;&nbsp; 3149629<br> <sup>(a)</sup><br>|
| *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | &nbsp;&nbsp; *14829503* |
| *Insurance — 1.1%* | *Insurance — 1.1%* | *Insurance — 1.1%* | *Insurance — 1.1%* | *Insurance — 1.1%* |
| &nbsp;&nbsp;&nbsp; Acrisure LLC/Acrisure Finance Inc., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 7/1/32 | &nbsp;&nbsp; 470000<br>| &nbsp;&nbsp;&nbsp; 463371<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 <br> Somerset Investor 2 LLC, Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 11/1/29 | &nbsp;&nbsp; 2440000<br>| &nbsp;&nbsp;&nbsp; 2364092<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Asurion LLC/Asurion Co-Issuer Inc., Senior Secured Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 12/31/32 | &nbsp;&nbsp; 2710000<br>| &nbsp;&nbsp;&nbsp; 2832489<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ryan Specialty LLC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 8/1/32 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 750290<br> <sup>(a)</sup><br>|
| *Total Insurance* | *Total Insurance* | *Total Insurance* | *Total Insurance* | &nbsp;&nbsp; *6410242* |
| *Mortgage Real Estate Investment Trusts (REITs) — 1.9%* | *Mortgage Real Estate Investment Trusts (REITs) — 1.9%* | *Mortgage Real Estate Investment Trusts (REITs) — 1.9%* | *Mortgage Real Estate Investment Trusts (REITs) — 1.9%* | *Mortgage Real Estate Investment Trusts (REITs) — 1.9%* |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance Inc., Senior Secured Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 6/15/29 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 270099<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Arbor Realty SR Inc., Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 12/15/28 | &nbsp;&nbsp; 1710000<br>| &nbsp;&nbsp;&nbsp; 1694940<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Arbor Realty SR Inc., Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 7/15/30 | &nbsp;&nbsp; 1160000<br>| &nbsp;&nbsp;&nbsp; 1096414<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., <br> Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 6/15/29 | &nbsp;&nbsp; 2710000<br>| &nbsp;&nbsp;&nbsp; 2655029<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Starwood Property Trust Inc., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 4/1/29 | &nbsp;&nbsp; 2890000<br>| &nbsp;&nbsp;&nbsp; 2998398<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Starwood Property Trust Inc., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 4/15/30 | &nbsp;&nbsp; 1970000<br>| &nbsp;&nbsp;&nbsp; 1994294<br> <sup>(a)</sup><br>|
| *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | &nbsp;&nbsp; *10709174* |
| **Total Financials** | **Total Financials** | **Total Financials** | **Total Financials** | &nbsp;&nbsp; **48574572** |
| **Health Care — 6.5%** | **Health Care — 6.5%** | **Health Care — 6.5%** | **Health Care — 6.5%** | **Health Care — 6.5%** |
| *Health Care Equipment & Supplies — 0.4%* | *Health Care Equipment & Supplies — 0.4%* | *Health Care Equipment & Supplies — 0.4%* | *Health Care Equipment & Supplies — 0.4%* | *Health Care Equipment & Supplies — 0.4%* |
| &nbsp;&nbsp;&nbsp; Medline Borrower LP/Medline Co-Issuer Inc., Senior Secured Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 4/1/29 | &nbsp;&nbsp; 2330000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *2385619*<br> <sup>(a)</sup><br>|
| *Health Care Providers & Services — 3.6%* | *Health Care Providers & Services — 3.6%* | *Health Care Providers & Services — 3.6%* | *Health Care Providers & Services — 3.6%* | *Health Care Providers & Services — 3.6%* |
| &nbsp;&nbsp;&nbsp; Akumin Inc., Senior Secured Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 8/31/31 | &nbsp;&nbsp; 1310000<br>| &nbsp;&nbsp;&nbsp; 1247775<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 1220000<br>| &nbsp;&nbsp;&nbsp; 1201007<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Senior Secured Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 4480000<br>| &nbsp;&nbsp;&nbsp; 4194603<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Senior Secured Notes | &nbsp;&nbsp; 10.875% | &nbsp;&nbsp; 1/15/32 | &nbsp;&nbsp; 3862000<br>| &nbsp;&nbsp;&nbsp; 4152573<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; LifePoint Health Inc., Senior Secured Notes | &nbsp;&nbsp; 9.875% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1061446<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; LifePoint Health Inc., Senior Secured Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 5/1/34 | &nbsp;&nbsp; 990000<br>| &nbsp;&nbsp;&nbsp; 966400<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sotera Health Holdings LLC, Senior Secured Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 6/1/31 | &nbsp;&nbsp; 2400000<br>| &nbsp;&nbsp;&nbsp; 2497660<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TEAM Services Holding Inc., Senior Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 1210000<br>| &nbsp;&nbsp;&nbsp; 1211283<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp., Senior Secured Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 11/15/32 | &nbsp;&nbsp; 3490000<br>| &nbsp;&nbsp;&nbsp; 3482879<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; U.S. Renal Care Inc., Senior Secured Notes | &nbsp;&nbsp; 10.625% | &nbsp;&nbsp; 6/28/28 | &nbsp;&nbsp; 693000<br>| &nbsp;&nbsp;&nbsp; 578655<br> <sup>(a)</sup><br>|
| *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | &nbsp;&nbsp; *20594281* |
| *Life Sciences Tools & Services — 0.4%* | *Life Sciences Tools & Services — 0.4%* | *Life Sciences Tools & Services — 0.4%* | *Life Sciences Tools & Services — 0.4%* | *Life Sciences Tools & Services — 0.4%* |
| &nbsp;&nbsp;&nbsp; Avantor Funding Inc., Senior Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 11/1/29 | &nbsp;&nbsp; 2100000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1997457*<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Pharmaceuticals — 2.1%* | *Pharmaceuticals — 2.1%* | *Pharmaceuticals — 2.1%* | *Pharmaceuticals — 2.1%* | *Pharmaceuticals — 2.1%* |
| &nbsp;&nbsp;&nbsp; 1261229 BC Ltd., Senior Secured Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 4/15/32 | &nbsp;&nbsp; 2580000<br>| &nbsp;&nbsp;&nbsp; $2666283<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bausch Health Cos. Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 2430000<br>| &nbsp;&nbsp;&nbsp; 1790606<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 5/9/27 | &nbsp;&nbsp; 2779000<br>| &nbsp;&nbsp;&nbsp; 2777963<br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/1/28 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 256582<br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 9/15/29 | &nbsp;&nbsp; 2540000<br>| &nbsp;&nbsp;&nbsp; 2741247<br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 8.125% | &nbsp;&nbsp; 9/15/31 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1129189<br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands IV BV, Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 12/1/30 | &nbsp;&nbsp; 830000<br>| &nbsp;&nbsp;&nbsp; 852401<br>|
| *Total Pharmaceuticals* | *Total Pharmaceuticals* | *Total Pharmaceuticals* | *Total Pharmaceuticals* | &nbsp;&nbsp; *12214271* |
| **Total Health Care** | **Total Health Care** | **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **37191628** |
| **Industrials — 12.2%** | **Industrials — 12.2%** | **Industrials — 12.2%** | **Industrials — 12.2%** | **Industrials — 12.2%** |
| *Aerospace & Defense — 2.4%* | *Aerospace & Defense — 2.4%* | *Aerospace & Defense — 2.4%* | *Aerospace & Defense — 2.4%* | *Aerospace & Defense — 2.4%* |
| &nbsp;&nbsp;&nbsp; AAR Escrow Issuer LLC, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/15/29 | &nbsp;&nbsp; 1940000<br>| &nbsp;&nbsp;&nbsp; 1999913<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 3/15/30 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; 502258<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 256693<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bombardier Inc., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 2/1/29 | &nbsp;&nbsp; 370000<br>| &nbsp;&nbsp;&nbsp; 384620<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bombardier Inc., Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 11/15/30 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp; 4251860<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bombardier Inc., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 7/1/31 | &nbsp;&nbsp; 2200000<br>| &nbsp;&nbsp;&nbsp; 2317566<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 1/15/29 | &nbsp;&nbsp; 600000<br>| &nbsp;&nbsp;&nbsp; 592532<br>|
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 8/15/28 | &nbsp;&nbsp; 1210000<br>| &nbsp;&nbsp;&nbsp; 1227857<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Senior Secured Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 3/1/29 | &nbsp;&nbsp; 130000<br>| &nbsp;&nbsp;&nbsp; 132757<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Senior Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 12/15/30 | &nbsp;&nbsp; 1250000<br>| &nbsp;&nbsp;&nbsp; 1289294<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Senior Secured Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 12/1/31 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 726264<br> <sup>(a)</sup><br>|
| *Total Aerospace & Defense* | *Total Aerospace & Defense* | *Total Aerospace & Defense* | *Total Aerospace & Defense* | &nbsp;&nbsp; *13681614* |
| *Building Products — 0.3%* | *Building Products — 0.3%* | *Building Products — 0.3%* | *Building Products — 0.3%* | *Building Products — 0.3%* |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings Inc., Senior Secured Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 3/1/32 | &nbsp;&nbsp; 1790000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1819370*<br> <sup>(a)</sup><br>|
| *Commercial Services & Supplies — 3.8%* | *Commercial Services & Supplies — 3.8%* | *Commercial Services & Supplies — 3.8%* | *Commercial Services & Supplies — 3.8%* | *Commercial Services & Supplies — 3.8%* |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas <br> Luxco 4 Sarl, Senior Secured Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 6/1/28 | &nbsp;&nbsp; 1470000<br>| &nbsp;&nbsp;&nbsp; 1449188<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CoreCivic Inc., Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 4230000<br>| &nbsp;&nbsp;&nbsp; 4409149<br>|
| &nbsp;&nbsp;&nbsp; GEO Group Inc., Senior Notes | &nbsp;&nbsp; 10.250% | &nbsp;&nbsp; 4/15/31 | &nbsp;&nbsp; 3890000<br>| &nbsp;&nbsp;&nbsp; 4176979<br>|
| &nbsp;&nbsp;&nbsp; GFL Environmental Inc., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 1/15/31 | &nbsp;&nbsp; 2300000<br>| &nbsp;&nbsp;&nbsp; 2387478<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Madison IAQ LLC, Senior Secured Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 6/30/28 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 296052<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Neptune Bidco US Inc., Senior Secured Notes | &nbsp;&nbsp; 10.375% | &nbsp;&nbsp; 5/15/31 | &nbsp;&nbsp; 2680000<br>| &nbsp;&nbsp;&nbsp; 2767666<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Neptune Bidco US Inc., Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 1140000<br>| &nbsp;&nbsp;&nbsp; 1142330<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; RB Global Holdings Inc., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/15/28 | &nbsp;&nbsp; 1330000<br>| &nbsp;&nbsp;&nbsp; 1349695<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; RR Donnelley & Sons Co., Secured Notes | &nbsp;&nbsp; 10.875% | &nbsp;&nbsp; 8/1/29 | &nbsp;&nbsp; 2220000<br>| &nbsp;&nbsp;&nbsp; 2283623<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; RR Donnelley & Sons Co., Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 8/1/29 | &nbsp;&nbsp; 1090000<br>| &nbsp;&nbsp;&nbsp; 1125981<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wrangler Holdco Corp., Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 4/1/32 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 320046<br> <sup>(a)</sup><br>|
| *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | &nbsp;&nbsp; *21708187* |
| *Construction & Engineering — 0.9%* | *Construction & Engineering — 0.9%* | *Construction & Engineering — 0.9%* | *Construction & Engineering — 0.9%* | *Construction & Engineering — 0.9%* |
| &nbsp;&nbsp;&nbsp; Empire Communities Corp., Senior Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 5/1/29 | &nbsp;&nbsp; 2520000<br>| &nbsp;&nbsp;&nbsp; 2571647<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Tutor Perini Corp., Senior Notes | &nbsp;&nbsp; 11.875% | &nbsp;&nbsp; 4/30/29 | &nbsp;&nbsp; 2210000<br>| &nbsp;&nbsp;&nbsp; 2411234<br> <sup>(a)</sup><br>|
| *Total Construction & Engineering* | *Total Construction & Engineering* | *Total Construction & Engineering* | *Total Construction & Engineering* | &nbsp;&nbsp; *4982881* |
| *Electrical Equipment — 0.5%* | *Electrical Equipment — 0.5%* | *Electrical Equipment — 0.5%* | *Electrical Equipment — 0.5%* | *Electrical Equipment — 0.5%* |
| &nbsp;&nbsp;&nbsp; Gates Corp., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 7/1/29 | &nbsp;&nbsp; 680000<br>| &nbsp;&nbsp;&nbsp; 700392<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Electrical Equipment — continued* | *Electrical Equipment — continued* | *Electrical Equipment — continued* | *Electrical Equipment — continued* | *Electrical Equipment — continued* |
| &nbsp;&nbsp;&nbsp; WESCO Distribution Inc., Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 4/15/31 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; $2003754<br> <sup>(a)</sup><br>|
| *Total Electrical Equipment* | *Total Electrical Equipment* | *Total Electrical Equipment* | *Total Electrical Equipment* | &nbsp;&nbsp; *2704146* |
| *Ground Transportation — 0.4%* | *Ground Transportation — 0.4%* | *Ground Transportation — 0.4%* | *Ground Transportation — 0.4%* | *Ground Transportation — 0.4%* |
| &nbsp;&nbsp;&nbsp; Carriage Purchaser Inc., Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 10/15/29 | &nbsp;&nbsp; 2610000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *2537966*<br> <sup>(a)</sup><br>|
| *Machinery — 1.4%* | *Machinery — 1.4%* | *Machinery — 1.4%* | *Machinery — 1.4%* | *Machinery — 1.4%* |
| &nbsp;&nbsp;&nbsp; Columbus McKinnon Corp., Senior Secured Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 2/1/33 | &nbsp;&nbsp; 580000<br>| &nbsp;&nbsp;&nbsp; 583625<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Esab Corp., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 2210000<br>| &nbsp;&nbsp;&nbsp; 2241952<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Park-Ohio Industries Inc., Senior Secured Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 1760000<br>| &nbsp;&nbsp;&nbsp; 1833288<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Titan International Inc., Senior Secured Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 4/30/28 | &nbsp;&nbsp; 1300000<br>| &nbsp;&nbsp;&nbsp; 1300002<br>|
| &nbsp;&nbsp;&nbsp; Vertiv Group Corp., Senior Secured Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 11/15/28 | &nbsp;&nbsp; 1900000<br>| &nbsp;&nbsp;&nbsp; 1878404<br> <sup>(a)</sup><br>|
| *Total Machinery* | *Total Machinery* | *Total Machinery* | *Total Machinery* | &nbsp;&nbsp; *7837271* |
| *Passenger Airlines — 1.6%* | *Passenger Airlines — 1.6%* | *Passenger Airlines — 1.6%* | *Passenger Airlines — 1.6%* | *Passenger Airlines — 1.6%* |
| &nbsp;&nbsp;&nbsp; Air Canada, Senior Secured Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 8/15/26 | &nbsp;&nbsp; 1170000<br>| &nbsp;&nbsp;&nbsp; 1167636<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; American Airlines Inc., Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 950000<br>| &nbsp;&nbsp;&nbsp; 963261<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; American Airlines Inc./AAdvantage Loyalty IP Ltd., Senior Secured <br> Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 4/20/29 | &nbsp;&nbsp; 1290000<br>| &nbsp;&nbsp;&nbsp; 1291818<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; United Airlines Holdings Inc., Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 1490000<br>| &nbsp;&nbsp;&nbsp; 1470427<br>|
| &nbsp;&nbsp;&nbsp; United Airlines Inc., Senior Secured Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 4500000<br>| &nbsp;&nbsp;&nbsp; 4444808<br> <sup>(a)</sup><br>|
| *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | &nbsp;&nbsp; *9337950* |
| *Trading Companies & Distributors — 0.9%* | *Trading Companies & Distributors — 0.9%* | *Trading Companies & Distributors — 0.9%* | *Trading Companies & Distributors — 0.9%* | *Trading Companies & Distributors — 0.9%* |
| &nbsp;&nbsp;&nbsp; Herc Holdings Inc., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 6/15/30 | &nbsp;&nbsp; 900000<br>| &nbsp;&nbsp;&nbsp; 936880<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Herc Holdings Inc., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 6/15/33 | &nbsp;&nbsp; 900000<br>| &nbsp;&nbsp;&nbsp; 943046<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Herc Holdings Inc., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 3/15/34 | &nbsp;&nbsp; 640000<br>| &nbsp;&nbsp;&nbsp; 635267<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; United Rentals North America Inc., Senior Secured Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 12/15/29 | &nbsp;&nbsp; 2500000<br>| &nbsp;&nbsp;&nbsp; 2544368<br> <sup>(a)</sup><br>|
| *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | &nbsp;&nbsp; *5059561* |
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **69668946** |
| **Information Technology — 5.1%** | **Information Technology — 5.1%** | **Information Technology — 5.1%** | **Information Technology — 5.1%** | **Information Technology — 5.1%** |
| *Communications Equipment — 0.2%* | *Communications Equipment — 0.2%* | *Communications Equipment — 0.2%* | *Communications Equipment — 0.2%* | *Communications Equipment — 0.2%* |
| &nbsp;&nbsp;&nbsp; Connect Finco SARL/Connect US Finco LLC, Senior Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/15/29 | &nbsp;&nbsp; 1290000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1362159*<br> <sup>(a)</sup><br>|
| *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* |
| &nbsp;&nbsp;&nbsp; EquipmentShare.com Inc., Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 5/15/28 | &nbsp;&nbsp; 610000<br>| &nbsp;&nbsp;&nbsp; 633177<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; EquipmentShare.com Inc., Secured Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 5/15/32 | &nbsp;&nbsp; 3150000<br>| &nbsp;&nbsp;&nbsp; 3344717<br> <sup>(a)</sup><br>|
| *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | &nbsp;&nbsp; *3977894* |
| *IT Services — 1.7%* | *IT Services — 1.7%* | *IT Services — 1.7%* | *IT Services — 1.7%* | *IT Services — 1.7%* |
| &nbsp;&nbsp;&nbsp; APLD ComputeCo LLC, Senior Secured Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 12/15/30 | &nbsp;&nbsp; 2770000<br>| &nbsp;&nbsp;&nbsp; 2978885<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Core Scientific Finance I LLC, Senior Secured Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 5/15/31 | &nbsp;&nbsp; 3480000<br>| &nbsp;&nbsp;&nbsp; 3473142<br> <sup>(a)(i)</sup><br>|
| &nbsp;&nbsp;&nbsp; CoreWeave Inc., Senior Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 6/1/30 | &nbsp;&nbsp; 2840000<br>| &nbsp;&nbsp;&nbsp; 2877810<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CoreWeave Inc., Senior Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 2/1/31 | &nbsp;&nbsp; 220000<br>| &nbsp;&nbsp;&nbsp; 218880<br> <sup>(a)</sup><br>|
| *Total IT Services* | *Total IT Services* | *Total IT Services* | *Total IT Services* | &nbsp;&nbsp; *9548717* |
| *Semiconductors & Semiconductor Equipment — 0.2%* | *Semiconductors & Semiconductor Equipment — 0.2%* | *Semiconductors & Semiconductor Equipment — 0.2%* | *Semiconductors & Semiconductor Equipment — 0.2%* | *Semiconductors & Semiconductor Equipment — 0.2%* |
| &nbsp;&nbsp;&nbsp; Qnity Electronics Inc., Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 8/15/32 | &nbsp;&nbsp; 1210000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1223154*<br> <sup>(a)</sup><br>|
| *Software — 1.9%* | *Software — 1.9%* | *Software — 1.9%* | *Software — 1.9%* | *Software — 1.9%* |
| &nbsp;&nbsp;&nbsp; Citrix Systems Inc., Senior Secured Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 12/1/27 | &nbsp;&nbsp; 1790000<br>| &nbsp;&nbsp;&nbsp; 1710112<br>|
| &nbsp;&nbsp;&nbsp; Cloud Software Group Inc., Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/30/29 | &nbsp;&nbsp; 1990000<br>| &nbsp;&nbsp;&nbsp; 1955603<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cloud Software Group Inc., Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 3/31/29 | &nbsp;&nbsp; 1700000<br>| &nbsp;&nbsp;&nbsp; 1656584<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cloud Software Group Inc., Senior Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 6/30/32 | &nbsp;&nbsp; 1370000<br>| &nbsp;&nbsp;&nbsp; 1302518<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Software — continued* | *Software — continued* | *Software — continued* | *Software — continued* | *Software — continued* |
| &nbsp;&nbsp;&nbsp; Cloud Software Group Inc., Senior Secured Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 8/15/33 | &nbsp;&nbsp; 880000<br>| &nbsp;&nbsp;&nbsp; $788936<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Gen Digital Inc., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 9/30/27 | &nbsp;&nbsp; 1130000<br>| &nbsp;&nbsp;&nbsp; 1135451<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Gen Digital Inc., Senior Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 9/30/30 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 213138<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sabre Financial Borrower LLC, Senior Secured Notes | &nbsp;&nbsp; 11.125% | &nbsp;&nbsp; 6/15/29 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 2054756<br> <sup>(a)</sup><br>|
| *Total Software* | *Total Software* | *Total Software* | *Total Software* | &nbsp;&nbsp; *10817098* |
| *Technology Hardware, Storage & Peripherals — 0.4%* | *Technology Hardware, Storage & Peripherals — 0.4%* | *Technology Hardware, Storage & Peripherals — 0.4%* | *Technology Hardware, Storage & Peripherals — 0.4%* | *Technology Hardware, Storage & Peripherals — 0.4%* |
| &nbsp;&nbsp;&nbsp; Black Pearl Compute LLC, Senior Secured Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 860000<br>| &nbsp;&nbsp;&nbsp; 873620<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Diebold Nixdorf Inc., Senior Secured Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 3/31/30 | &nbsp;&nbsp; 780000<br>| &nbsp;&nbsp;&nbsp; 821313<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Seagate Data Storage Technology Pte Ltd., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 7/15/30 | &nbsp;&nbsp; 630000<br>| &nbsp;&nbsp;&nbsp; 644129<br> <sup>(a)</sup><br>|
| *Total Technology Hardware, Storage & Peripherals* | *Total Technology Hardware, Storage & Peripherals* | *Total Technology Hardware, Storage & Peripherals* | *Total Technology Hardware, Storage & Peripherals* | &nbsp;&nbsp; *2339062* |
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **29268084** |
| **Materials — 3.7%** | **Materials — 3.7%** | **Materials — 3.7%** | **Materials — 3.7%** | **Materials — 3.7%** |
| *Chemicals — 0.7%* | *Chemicals — 0.7%* | *Chemicals — 0.7%* | *Chemicals — 0.7%* | *Chemicals — 0.7%* |
| &nbsp;&nbsp;&nbsp; ARC Falcon I Inc./Arclin USA LLC/New Arclin US Holding Corp., Senior <br> Secured Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 3/1/33 | &nbsp;&nbsp; 2870000<br>| &nbsp;&nbsp;&nbsp; 2816245<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 4/15/30 | &nbsp;&nbsp; 1200000<br>| &nbsp;&nbsp;&nbsp; 1228289<br>|
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC, Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 322767<br>|
| *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | &nbsp;&nbsp; *4367301* |
| *Construction Materials — 0.1%* | *Construction Materials — 0.1%* | *Construction Materials — 0.1%* | *Construction Materials — 0.1%* | *Construction Materials — 0.1%* |
| &nbsp;&nbsp;&nbsp; Smyrna Ready Mix Concrete LLC, Senior Secured Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 11/1/28 | &nbsp;&nbsp; 390000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *389956*<br> <sup>(a)</sup><br>|
| *Metals & Mining — 2.9%* | *Metals & Mining — 2.9%* | *Metals & Mining — 2.9%* | *Metals & Mining — 2.9%* | *Metals & Mining — 2.9%* |
| &nbsp;&nbsp;&nbsp; Capstone Copper Corp., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/31/33 | &nbsp;&nbsp; 2500000<br>| &nbsp;&nbsp;&nbsp; 2545890<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd., Senior Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 6/1/31 | &nbsp;&nbsp; 7310000<br>| &nbsp;&nbsp;&nbsp; 7631296<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd., Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 3/1/33 | &nbsp;&nbsp; 3400000<br>| &nbsp;&nbsp;&nbsp; 3576766<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Hudbay Minerals Inc., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 4/1/29 | &nbsp;&nbsp; 2660000<br>| &nbsp;&nbsp;&nbsp; 2672268<br> <sup>(a)</sup><br>|
| *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | &nbsp;&nbsp; *16426220* |
| **Total Materials** | **Total Materials** | **Total Materials** | **Total Materials** | &nbsp;&nbsp; **21183477** |
| **Real Estate — 3.5%** | **Real Estate — 3.5%** | **Real Estate — 3.5%** | **Real Estate — 3.5%** | **Real Estate — 3.5%** |
| *Diversified REITs — 1.2%* | *Diversified REITs — 1.2%* | *Diversified REITs — 1.2%* | *Diversified REITs — 1.2%* | *Diversified REITs — 1.2%* |
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 10/15/27 | &nbsp;&nbsp; 950000<br>| &nbsp;&nbsp;&nbsp; 926845<br>|
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., Senior Notes | &nbsp;&nbsp; 3.692% | &nbsp;&nbsp; 6/5/28 | &nbsp;&nbsp; 290000 <br><sup>GBP</sup><br>| &nbsp;&nbsp;&nbsp; 343460<br>|
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 8/1/29 | &nbsp;&nbsp; 3366000<br>| &nbsp;&nbsp;&nbsp; 2787750<br>|
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group Finance 2019 Inc./CSL Capital LLC, Senior <br> Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 2700000<br>| &nbsp;&nbsp;&nbsp; 2654791<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group Finance 2019 Inc./CSL Capital LLC, Senior <br> Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 6/15/32 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 418942<br> <sup>(a)</sup><br>|
| *Total Diversified REITs* | *Total Diversified REITs* | *Total Diversified REITs* | *Total Diversified REITs* | &nbsp;&nbsp; *7131788* |
| *Health Care REITs — 0.3%* | *Health Care REITs — 0.3%* | *Health Care REITs — 0.3%* | *Health Care REITs — 0.3%* | *Health Care REITs — 0.3%* |
| &nbsp;&nbsp;&nbsp; Diversified Healthcare Trust, Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 430000<br>| &nbsp;&nbsp;&nbsp; 418503<br>|
| &nbsp;&nbsp;&nbsp; Diversified Healthcare Trust, Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 1030000<br>| &nbsp;&nbsp;&nbsp; 1052250<br> <sup>(a)</sup><br>|
| *Total Health Care REITs* | *Total Health Care REITs* | *Total Health Care REITs* | *Total Health Care REITs* | &nbsp;&nbsp; *1470753* |
| *Real Estate Management & Development — 0.5%* | *Real Estate Management & Development — 0.5%* | *Real Estate Management & Development — 0.5%* | *Real Estate Management & Development — 0.5%* | *Real Estate Management & Development — 0.5%* |
| &nbsp;&nbsp;&nbsp; Five Point Operating Co. LP, Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 10/1/30 | &nbsp;&nbsp; 2560000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *2626744*<br> <sup>(a)</sup><br>|
| *Specialized REITs — 1.5%* | *Specialized REITs — 1.5%* | *Specialized REITs — 1.5%* | *Specialized REITs — 1.5%* | *Specialized REITs — 1.5%* |
| &nbsp;&nbsp;&nbsp; Meridian Arc Holdco LLC, Senior Secured Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 4/30/31 | &nbsp;&nbsp; 2620000<br>| &nbsp;&nbsp;&nbsp; 2620622<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Millrose Properties Inc., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 1950000<br>| &nbsp;&nbsp;&nbsp; 1976333<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Specialized REITs — continued* | *Specialized REITs — continued* | *Specialized REITs — continued* | *Specialized REITs — continued* | *Specialized REITs — continued* |
| &nbsp;&nbsp;&nbsp; Millrose Properties Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 9/15/32 | &nbsp;&nbsp; 570000<br>| &nbsp;&nbsp;&nbsp; $572945<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; SV RNO Property Owner 1 LLC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 3630000<br>| &nbsp;&nbsp;&nbsp; 3563929<br> <sup>(a)</sup><br>|
| *Total Specialized REITs* | *Total Specialized REITs* | *Total Specialized REITs* | *Total Specialized REITs* | &nbsp;&nbsp; *8733829* |
| **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **19963114** |
| **Utilities — 1.5%** | **Utilities — 1.5%** | **Utilities — 1.5%** | **Utilities — 1.5%** | **Utilities — 1.5%** |
| *Electric Utilities — 1.5%* | *Electric Utilities — 1.5%* | *Electric Utilities — 1.5%* | *Electric Utilities — 1.5%* | *Electric Utilities — 1.5%* |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc., Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 1/15/34 | &nbsp;&nbsp; 2740000<br>| &nbsp;&nbsp;&nbsp; 2721347<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NRG Energy Inc., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 5/15/34 | &nbsp;&nbsp; 1450000<br>| &nbsp;&nbsp;&nbsp; 1445443<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 5/1/33 | &nbsp;&nbsp; 1190000<br>| &nbsp;&nbsp;&nbsp; 1192126<br> <sup>(a)(i)</sup><br>|
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC, Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/32 | &nbsp;&nbsp; 3200000<br>| &nbsp;&nbsp;&nbsp; 3342010<br> <sup>(a)</sup><br>|
| **Total Utilities** | **Total Utilities** | **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **8700926** |
| **Total Corporate Bonds & Notes (Cost — $433,593,262)** | **Total Corporate Bonds & Notes (Cost — $433,593,262)** | **Total Corporate Bonds & Notes (Cost — $433,593,262)** | **Total Corporate Bonds & Notes (Cost — $433,593,262)** | &nbsp;&nbsp; **437221820** |
| **Senior Loans — 10.1%** | **Senior Loans — 10.1%** | **Senior Loans — 10.1%** | **Senior Loans — 10.1%** | **Senior Loans — 10.1%** |
| **Communication Services — 1.1%** | **Communication Services — 1.1%** | **Communication Services — 1.1%** | **Communication Services — 1.1%** | **Communication Services — 1.1%** |
| *Diversified Telecommunication Services — 0.3%* | *Diversified Telecommunication Services — 0.3%* | *Diversified Telecommunication Services — 0.3%* | *Diversified Telecommunication Services — 0.3%* | *Diversified Telecommunication Services — 0.3%* |
| &nbsp;&nbsp;&nbsp; QualityTech LP, Term Loan (1 mo. Term SOFR + 3.500%)  | &nbsp;&nbsp; 7.161% | &nbsp;&nbsp; 11/4/31 | &nbsp;&nbsp; 1524600<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1532223*<br> <sup>(e)(f)(j)(k)</sup><br>|
| *Entertainment — 0.3%* | *Entertainment — 0.3%* | *Entertainment — 0.3%* | *Entertainment — 0.3%* | *Entertainment — 0.3%* |
| &nbsp;&nbsp;&nbsp; OAK-Eagle Acquireco Inc., Term Loan B  | &nbsp;&nbsp; — | &nbsp;&nbsp; 3/24/33 | &nbsp;&nbsp; 1610000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1612415*<br> <sup>(l)</sup><br>|
| *Media — 0.5%* | *Media — 0.5%* | *Media — 0.5%* | *Media — 0.5%* | *Media — 0.5%* |
| &nbsp;&nbsp;&nbsp; CB Poly US Holdings Inc., Initial Term Loan (3 mo. Term SOFR + <br> 5.500%) | &nbsp;&nbsp; 9.200% | &nbsp;&nbsp; 5/18/29 | &nbsp;&nbsp; 1563300<br>| &nbsp;&nbsp;&nbsp; 1438236<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Diamond Sports Net LLC, First Lien Exit Term Loan | &nbsp;&nbsp; 12.000% | &nbsp;&nbsp; 1/3/28 | &nbsp;&nbsp; 2082637<br>| &nbsp;&nbsp;&nbsp; 446278<br> <sup>(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Learfield Communications LLC, 2024 Term Loan B (1 mo. Term SOFR + <br> 4.500%) | &nbsp;&nbsp; 8.152% | &nbsp;&nbsp; 6/30/28 | &nbsp;&nbsp; 1251360<br>| &nbsp;&nbsp;&nbsp; 1256522<br> <sup>(f)(j)(k)</sup><br>|
| *Total Media* | *Total Media* | *Total Media* | *Total Media* | &nbsp;&nbsp; *3141036* |
| **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **6285674** |
| **Consumer Discretionary — 2.0%** | **Consumer Discretionary — 2.0%** | **Consumer Discretionary — 2.0%** | **Consumer Discretionary — 2.0%** | **Consumer Discretionary — 2.0%** |
| *Automobile Components — 0.3%* | *Automobile Components — 0.3%* | *Automobile Components — 0.3%* | *Automobile Components — 0.3%* | *Automobile Components — 0.3%* |
| &nbsp;&nbsp;&nbsp; ABC Technologies Inc., Term Loan B | 11.918-11.950% | &nbsp;&nbsp; 1/2/40 | &nbsp;&nbsp; 1789823<br>| &nbsp;&nbsp;&nbsp; 1722865<br> <sup>(d)(e)(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Brands Group LLC, 2021 First Lien Term Loan (1 mo. Term SOFR + <br> 7.114%) | &nbsp;&nbsp; 10.779% | &nbsp;&nbsp; 3/30/27 | &nbsp;&nbsp; 630725<br>| &nbsp;&nbsp;&nbsp; 1470<br> <sup>(b)(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Brands Group LLC, DIP Roll Up Term Loan (1 mo. Term SOFR + <br> 7.000%) | &nbsp;&nbsp; 10.657% | &nbsp;&nbsp; 6/29/26 | &nbsp;&nbsp; 807015<br>| &nbsp;&nbsp;&nbsp; 3176<br> <sup>(b)(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Brands Group LLC, USD DIP Term Loan (1 mo. Term SOFR + <br> 10.000%) | &nbsp;&nbsp; 13.657% | &nbsp;&nbsp; 6/29/26 | &nbsp;&nbsp; 278629<br>| &nbsp;&nbsp;&nbsp; 68874<br> <sup>(b)(f)(j)(k)</sup><br>|
| *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | &nbsp;&nbsp; *1796385* |
| *Diversified Consumer Services — 0.2%* | *Diversified Consumer Services — 0.2%* | *Diversified Consumer Services — 0.2%* | *Diversified Consumer Services — 0.2%* | *Diversified Consumer Services — 0.2%* |
| &nbsp;&nbsp;&nbsp; WW International Inc., Take-Back Term Loan (3 mo. Term SOFR + <br> 6.800%)  | &nbsp;&nbsp; 10.506% | &nbsp;&nbsp; 6/24/30 | &nbsp;&nbsp; 1700000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1143488*<br> <sup>(f)(j)(k)(l)</sup><br>|
| *Hotels, Restaurants & Leisure — 0.7%* | *Hotels, Restaurants & Leisure — 0.7%* | *Hotels, Restaurants & Leisure — 0.7%* | *Hotels, Restaurants & Leisure — 0.7%* | *Hotels, Restaurants & Leisure — 0.7%* |
| &nbsp;&nbsp;&nbsp; Catawba Nation Gaming Authority, Initial Term Loan B (3 mo. Term <br> SOFR + 4.750%) | &nbsp;&nbsp; 8.413% | &nbsp;&nbsp; 3/29/32 | &nbsp;&nbsp; 2730000<br>| &nbsp;&nbsp;&nbsp; 2749124<br> <sup>(f)(j)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Peninsula Pacific Entertainment LLC, Closing Date Term Loan Facility <br> B (3 mo. Term SOFR + 4.750%) | &nbsp;&nbsp; 8.450% | &nbsp;&nbsp; 10/1/32 | &nbsp;&nbsp; 1126000<br>| &nbsp;&nbsp;&nbsp; 1124119<br> <sup>(f)(j)(k)</sup><br>|
| *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | &nbsp;&nbsp; *3873243* |

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Specialty Retail — 0.8%* | *Specialty Retail — 0.8%* | *Specialty Retail — 0.8%* | *Specialty Retail — 0.8%* | *Specialty Retail — 0.8%* |
| &nbsp;&nbsp;&nbsp; Harbor Freight Tools USA Inc., Initial Term Loan (1 mo. Term SOFR + <br> 2.250%) | &nbsp;&nbsp; 5.902% | &nbsp;&nbsp; 6/11/31 | &nbsp;&nbsp; 827893<br>| &nbsp;&nbsp;&nbsp; $827893<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Michaels Cos. Inc., Term Loan B (3 mo. Term SOFR + 5.000%) | &nbsp;&nbsp; 8.668% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 1300000<br>| &nbsp;&nbsp;&nbsp; 1288762<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petco Health & Wellness Co. Inc., 2026 Term Loan (3 mo. Term SOFR + <br> 4.250%) | &nbsp;&nbsp; 7.950% | &nbsp;&nbsp; 1/22/31 | &nbsp;&nbsp; 1240000<br>| &nbsp;&nbsp;&nbsp; 1234036<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spencer Spirit IH LLC, Initial Term Loan (1 mo. Term SOFR + 4.000%) | &nbsp;&nbsp; 7.652% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 1200159<br>| &nbsp;&nbsp;&nbsp; 1203159<br> <sup>(f)(j)(k)</sup><br>|
| *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | &nbsp;&nbsp; *4553850* |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **11366966** |
| **Consumer Staples — 0.0%††** | **Consumer Staples — 0.0%††** | **Consumer Staples — 0.0%††** | **Consumer Staples — 0.0%††** | **Consumer Staples — 0.0%††** |
| *Household Products — 0.0%††* | *Household Products — 0.0%††* | *Household Products — 0.0%††* | *Household Products — 0.0%††* | *Household Products — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Knight Health Holdings LLC, Term Loan B (1 mo. Term SOFR + 5.364%)  | &nbsp;&nbsp; 9.017% | &nbsp;&nbsp; 12/23/28 | &nbsp;&nbsp; 186224<br>| &nbsp;&nbsp;&nbsp;&nbsp; **128864**<br> <sup>(f)(j)(k)</sup><br>|
| **Financials — 1.5%** | **Financials — 1.5%** | **Financials — 1.5%** | **Financials — 1.5%** | **Financials — 1.5%** |
| *Capital Markets — 0.1%* | *Capital Markets — 0.1%* | *Capital Markets — 0.1%* | *Capital Markets — 0.1%* | *Capital Markets — 0.1%* |
| &nbsp;&nbsp;&nbsp; Edelman Financial Engines Center LLC, Term Loan B  | &nbsp;&nbsp; — | &nbsp;&nbsp; 11/28/31 | &nbsp;&nbsp; 680000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *681700*<br> <sup>(e)(l)</sup><br>|
| *Consumer Finance — 0.2%* | *Consumer Finance — 0.2%* | *Consumer Finance — 0.2%* | *Consumer Finance — 0.2%* | *Consumer Finance — 0.2%* |
| &nbsp;&nbsp;&nbsp; Blackhawk Network Holdings Inc., Term Loan B2 (1 mo. Term SOFR + <br> 3.500%)  | &nbsp;&nbsp; 7.152% | &nbsp;&nbsp; 3/12/29 | &nbsp;&nbsp; 894154<br>| &nbsp;&nbsp;&nbsp;&nbsp; *887292*<br> <sup>(f)(j)(k)</sup><br>|
| *Financial Services — 0.7%* | *Financial Services — 0.7%* | *Financial Services — 0.7%* | *Financial Services — 0.7%* | *Financial Services — 0.7%* |
| &nbsp;&nbsp;&nbsp; Jane Street Group LLC, Extended Term Loan (3 mo. Term SOFR + <br> 2.000%) | &nbsp;&nbsp; 5.673% | &nbsp;&nbsp; 12/15/31 | &nbsp;&nbsp; 1545921<br>| &nbsp;&nbsp;&nbsp; 1545148<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nexus Buyer LLC, Amendment No. 9 Refinancing Term Loan (1 mo. <br> Term SOFR + 3.500%) | &nbsp;&nbsp; 7.152% | &nbsp;&nbsp; 7/31/31 | &nbsp;&nbsp; 1960262<br>| &nbsp;&nbsp;&nbsp; 1925761<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nexus Buyer LLC, Amendment No. 10 Term Loan (1 mo. Term SOFR + <br> 4.000%) | &nbsp;&nbsp; 7.652% | &nbsp;&nbsp; 7/31/31 | &nbsp;&nbsp; 328350<br>| &nbsp;&nbsp;&nbsp; 323097<br> <sup>(f)(j)(k)</sup><br>|
| *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | &nbsp;&nbsp; *3794006* |
| *Insurance — 0.5%* | *Insurance — 0.5%* | *Insurance — 0.5%* | *Insurance — 0.5%* | *Insurance — 0.5%* |
| &nbsp;&nbsp;&nbsp; Asurion LLC, New Term Loan B14 (1 mo. Term SOFR + 3.750%) | &nbsp;&nbsp; 7.413% | &nbsp;&nbsp; 3/11/33 | &nbsp;&nbsp; 2260639<br>| &nbsp;&nbsp;&nbsp; 2227916<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sedgwick Claims Management Services Inc., 2024 Term Loan (1 mo. <br> Term SOFR + 2.500%) | &nbsp;&nbsp; 6.152% | &nbsp;&nbsp; 7/31/31 | &nbsp;&nbsp; 728166<br>| &nbsp;&nbsp;&nbsp; 723866<br> <sup>(f)(j)(k)</sup><br>|
| *Total Insurance* | *Total Insurance* | *Total Insurance* | *Total Insurance* | &nbsp;&nbsp; *2951782* |
| **Total Financials** | **Total Financials** | **Total Financials** | **Total Financials** | &nbsp;&nbsp; **8314780** |
| **Health Care — 1.0%** | **Health Care — 1.0%** | **Health Care — 1.0%** | **Health Care — 1.0%** | **Health Care — 1.0%** |
| *Health Care Providers & Services — 0.6%* | *Health Care Providers & Services — 0.6%* | *Health Care Providers & Services — 0.6%* | *Health Care Providers & Services — 0.6%* | *Health Care Providers & Services — 0.6%* |
| &nbsp;&nbsp;&nbsp; Aveanna Healthcare LLC, 2025 Term Loan (1 mo. Term SOFR + <br> 3.750%) | &nbsp;&nbsp; 7.402% | &nbsp;&nbsp; 9/17/32 | &nbsp;&nbsp; 736300<br>| &nbsp;&nbsp;&nbsp; 739245<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; EyeCare Partners LLC, Term Loan B (3 mo. Term SOFR + 4.710%) | &nbsp;&nbsp; 8.340% | &nbsp;&nbsp; 11/30/28 | &nbsp;&nbsp; 1158847<br>| &nbsp;&nbsp;&nbsp; 522449<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; LifePoint Health Inc., Term Loan B (3 mo. Term SOFR + 3.750%) | &nbsp;&nbsp; 7.423% | &nbsp;&nbsp; 5/16/31 | &nbsp;&nbsp; 691076<br>| &nbsp;&nbsp;&nbsp; 689134<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; TEAM Services Holding Inc., Initial Term Loan (3 mo. Term SOFR + <br> 5.250%) | &nbsp;&nbsp; 8.950% | &nbsp;&nbsp; 3/31/33 | &nbsp;&nbsp; 1330000<br>| &nbsp;&nbsp;&nbsp; 1291483<br> <sup>(f)(j)(k)</sup><br>|
| *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | &nbsp;&nbsp; *3242311* |
| *Health Care Technology — 0.1%* | *Health Care Technology — 0.1%* | *Health Care Technology — 0.1%* | *Health Care Technology — 0.1%* | *Health Care Technology — 0.1%* |
| &nbsp;&nbsp;&nbsp; AthenaHealth Group Inc., Initial Term Loan (1 mo. Term SOFR + <br> 2.750%)  | &nbsp;&nbsp; 6.402% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 847859<br>| &nbsp;&nbsp;&nbsp;&nbsp; *845892*<br> <sup>(f)(j)(k)</sup><br>|
| *Pharmaceuticals — 0.3%* | *Pharmaceuticals — 0.3%* | *Pharmaceuticals — 0.3%* | *Pharmaceuticals — 0.3%* | *Pharmaceuticals — 0.3%* |
| &nbsp;&nbsp;&nbsp; Gainwell Acquisition Corp., Term Loan B (3 mo. Term SOFR + 4.100%)  | &nbsp;&nbsp; 7.800% | &nbsp;&nbsp; 10/1/27 | &nbsp;&nbsp; 1440325<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1418425*<br> <sup>(f)(j)(k)</sup><br>|
| **Total Health Care** | **Total Health Care** | **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **5506628** |

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| **Industrials — 1.7%** | **Industrials — 1.7%** | **Industrials — 1.7%** | **Industrials — 1.7%** | **Industrials — 1.7%** |
| *Building Products — 0.2%* | *Building Products — 0.2%* | *Building Products — 0.2%* | *Building Products — 0.2%* | *Building Products — 0.2%* |
| &nbsp;&nbsp;&nbsp; HP PHRG Borrower LLC, Closing Date Term Loan (3 mo. Term SOFR + <br> 4.000%)  | &nbsp;&nbsp; 7.700% | &nbsp;&nbsp; 2/20/32 | &nbsp;&nbsp; 992500<br>| &nbsp;&nbsp;&nbsp; $*989404*<br> <sup>(f)(j)(k)</sup><br>|
| *Commercial Services & Supplies — 0.9%* | *Commercial Services & Supplies — 0.9%* | *Commercial Services & Supplies — 0.9%* | *Commercial Services & Supplies — 0.9%* | *Commercial Services & Supplies — 0.9%* |
| &nbsp;&nbsp;&nbsp; DS Parent Inc., Term Loan B (3 mo. Term SOFR + 5.500%) | &nbsp;&nbsp; 9.200% | &nbsp;&nbsp; 1/31/31 | &nbsp;&nbsp; 1884954<br>| &nbsp;&nbsp;&nbsp; 1669871<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; LRS Holdings LLC, Term Loan B (1 mo. Term SOFR + 4.364%) | &nbsp;&nbsp; 8.017% | &nbsp;&nbsp; 8/31/28 | &nbsp;&nbsp; 1122774<br>| &nbsp;&nbsp;&nbsp; 1112950<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pye Barker Fire & Safety LLC, Closing Date Term Loan (2 mo. Term <br> SOFR + 2.500%) | &nbsp;&nbsp; 6.163% | &nbsp;&nbsp; 12/16/32 | &nbsp;&nbsp; 652500<br>| &nbsp;&nbsp;&nbsp; 655916<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pye Barker Fire & Safety LLC, Initial Delayed Draw Term Loan (2 mo. <br> Term SOFR + 2.500%) | &nbsp;&nbsp; 6.163% | &nbsp;&nbsp; 12/16/32 | &nbsp;&nbsp; 97500<br>| &nbsp;&nbsp;&nbsp; 98010<br> <sup>(f)(j)(k)(m)</sup><br>|
| &nbsp;&nbsp;&nbsp; Thermostat Purchaser III Inc., Initial Term Loan B1 (3 mo. Term SOFR + <br> 4.250%) | &nbsp;&nbsp; 7.950% | &nbsp;&nbsp; 8/31/28 | &nbsp;&nbsp; 1877052<br>| &nbsp;&nbsp;&nbsp; 1845377<br> <sup>(f)(j)(k)</sup><br>|
| *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | &nbsp;&nbsp; *5382124* |
| *Electrical Equipment — 0.1%* | *Electrical Equipment — 0.1%* | *Electrical Equipment — 0.1%* | *Electrical Equipment — 0.1%* | *Electrical Equipment — 0.1%* |
| &nbsp;&nbsp;&nbsp; Osmose Utilities Services Inc., First Lien Initial Term Loan  | &nbsp;&nbsp; — | &nbsp;&nbsp; 6/23/28 | &nbsp;&nbsp; 957494<br>| &nbsp;&nbsp;&nbsp;&nbsp; *955698*<br> <sup>(l)</sup><br>|
| *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* |
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Contingent DIP Facility | &nbsp;&nbsp; — | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 1522147<br>| &nbsp;&nbsp;&nbsp; 684,966<br> \*<sup>(e)(n)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Contingent DIP Facility Initial Term Loan | &nbsp;&nbsp; — | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 579917<br>| &nbsp;&nbsp;&nbsp; 11,598<br> \*<sup>(e)(n)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, New Money Term Loan (1 mo. Term SOFR + <br> 8.000%) | &nbsp;&nbsp; 11.668% | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 247527<br>| &nbsp;&nbsp;&nbsp; 241339<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Second New Money Term Loan (1 mo. Term SOFR <br> + 8.000%) | &nbsp;&nbsp; 11.668% | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 61388<br>| &nbsp;&nbsp;&nbsp; 59854<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Third DIP New Money Term Loan (1 mo. Term SOFR <br> + 8.000%) | &nbsp;&nbsp; 11.668% | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 121244<br>| &nbsp;&nbsp;&nbsp; 118213<br> <sup>(f)(j)(k)</sup><br>|
| *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | &nbsp;&nbsp; *1115970* |
| *Professional Services — 0.3%* | *Professional Services — 0.3%* | *Professional Services — 0.3%* | *Professional Services — 0.3%* | *Professional Services — 0.3%* |
| &nbsp;&nbsp;&nbsp; Dayforce Bidco LLC, Initial Term Loan (3 mo. Term SOFR + 3.000%)  | &nbsp;&nbsp; 6.663% | &nbsp;&nbsp; 2/4/33 | &nbsp;&nbsp; 1630000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1541776*<br> <sup>(f)(j)(k)</sup><br>|
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **9984972** |
| **Information Technology — 2.3%** | **Information Technology — 2.3%** | **Information Technology — 2.3%** | **Information Technology — 2.3%** | **Information Technology — 2.3%** |
| *Semiconductors & Semiconductor Equipment — 1.4%* | *Semiconductors & Semiconductor Equipment — 1.4%* | *Semiconductors & Semiconductor Equipment — 1.4%* | *Semiconductors & Semiconductor Equipment — 1.4%* | *Semiconductors & Semiconductor Equipment — 1.4%* |
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 1 LLC, Term Loan | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 11/20/30 | &nbsp;&nbsp; 3050000<br>| &nbsp;&nbsp;&nbsp; 3266840<br> <sup>(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 2 LLC, Initial Term Loan | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 2/6/31 | &nbsp;&nbsp; 3030000<br>| &nbsp;&nbsp;&nbsp; 3136050<br> <sup>(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 3 LLC, Term Loan | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/24/30 | &nbsp;&nbsp; 1300000<br>| &nbsp;&nbsp;&nbsp; 1321024<br> <sup>(d)(e)(f)(j)(k)</sup><br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *7723914* |
| *Software — 0.9%* | *Software — 0.9%* | *Software — 0.9%* | *Software — 0.9%* | *Software — 0.9%* |
| &nbsp;&nbsp;&nbsp; Cloudera Inc., Term Loan (1 mo. Term SOFR + 3.850%) | &nbsp;&nbsp; 7.502% | &nbsp;&nbsp; 10/8/28 | &nbsp;&nbsp; 688203<br>| &nbsp;&nbsp;&nbsp; 621967<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; DCert Buyer Inc., Second Lien Initial Term Loan (1 mo. Term SOFR + <br> 7.000%) | &nbsp;&nbsp; 10.652% | &nbsp;&nbsp; 2/19/29 | &nbsp;&nbsp; 1450000<br>| &nbsp;&nbsp;&nbsp; 1138250<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Magenta Security Holdings LLC, First Out Term Loan (3 mo. Term SOFR <br> + 7.010%) | &nbsp;&nbsp; 10.673% | &nbsp;&nbsp; 7/27/28 | &nbsp;&nbsp; 52657<br>| &nbsp;&nbsp;&nbsp; 37755<br> <sup>(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Starlight Parent LLC, Term Loan (3 mo. Term SOFR + 4.000%) | &nbsp;&nbsp; 7.674% | &nbsp;&nbsp; 4/16/32 | &nbsp;&nbsp; 2666600<br>| &nbsp;&nbsp;&nbsp; 2273277<br> <sup>(e)(f)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; UKG Inc., Term Loan B (3 mo. Term SOFR + 2.500%) | &nbsp;&nbsp; 6.163% | &nbsp;&nbsp; 2/10/31 | &nbsp;&nbsp; 1286767<br>| &nbsp;&nbsp;&nbsp; 1243827<br> <sup>(f)(j)(k)(l)</sup><br>|
| *Total Software* | *Total Software* | *Total Software* | *Total Software* | &nbsp;&nbsp; *5315076* |
| *Technology Hardware, Storage & Peripherals — 0.0%††* | *Technology Hardware, Storage & Peripherals — 0.0%††* | *Technology Hardware, Storage & Peripherals — 0.0%††* | *Technology Hardware, Storage & Peripherals — 0.0%††* | *Technology Hardware, Storage & Peripherals — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Vericast Corp., 2024 Extended Term Loan (6 mo. Term SOFR + 7.750%)  | &nbsp;&nbsp; 11.500% | &nbsp;&nbsp; 6/14/30 | &nbsp;&nbsp; 58251<br>| &nbsp;&nbsp;&nbsp;&nbsp; *57214*<br> <sup>(f)(j)(k)</sup><br>|
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **13096204** |

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| **Materials — 0.4%** | **Materials — 0.4%** | **Materials — 0.4%** | **Materials — 0.4%** | **Materials — 0.4%** |
| *Chemicals — 0.2%* | *Chemicals — 0.2%* | *Chemicals — 0.2%* | *Chemicals — 0.2%* | *Chemicals — 0.2%* |
| &nbsp;&nbsp;&nbsp; Hexion Holdings Corp., 2024 Refinancing Term Loan (1 mo. Term SOFR <br> + 4.000%)  | &nbsp;&nbsp; 7.652% | &nbsp;&nbsp; 3/15/29 | &nbsp;&nbsp; 1282777<br>| &nbsp;&nbsp;&nbsp; $*1246858*<br> <sup>(f)(j)(k)</sup><br>|
| *Containers & Packaging — 0.1%* | *Containers & Packaging — 0.1%* | *Containers & Packaging — 0.1%* | *Containers & Packaging — 0.1%* | *Containers & Packaging — 0.1%* |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition Holdings Inc., 2025 Incremental Closing Date <br> Term Loan B (1 mo. Term SOFR + 3.250%)  | &nbsp;&nbsp; 6.902% | &nbsp;&nbsp; 4/1/32 | &nbsp;&nbsp; 757115<br>| &nbsp;&nbsp;&nbsp;&nbsp; *704481*<br> <sup>(f)(j)(k)</sup><br>|
| *Metals & Mining — 0.1%* | *Metals & Mining — 0.1%* | *Metals & Mining — 0.1%* | *Metals & Mining — 0.1%* | *Metals & Mining — 0.1%* |
| &nbsp;&nbsp;&nbsp; Arctic Canadian Diamond Co. Ltd., Second Lien Term Loan (3 mo. <br> CORRA + 2.000%)  | &nbsp;&nbsp; 4.314% | &nbsp;&nbsp; 6/30/26 | &nbsp;&nbsp; 913201<br>| &nbsp;&nbsp;&nbsp;&nbsp; *232146*<br> <sup>(d)(e)(f)(j)(k)</sup><br>|
| **Total Materials** | **Total Materials** | **Total Materials** | **Total Materials** | &nbsp;&nbsp; **2183485** |
| **Utilities — 0.1%** | **Utilities — 0.1%** | **Utilities — 0.1%** | **Utilities — 0.1%** | **Utilities — 0.1%** |
| *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, 2025 Incremental Term Loan B (1 mo. Term <br> SOFR + 2.000%)  | &nbsp;&nbsp; 5.652% | &nbsp;&nbsp; 11/25/32 | &nbsp;&nbsp; 817950<br>| &nbsp;&nbsp;&nbsp;&nbsp; **820187**<br> <sup>(f)(j)(k)</sup><br>|
| **Total Senior Loans (Cost — $63,995,189)** | **Total Senior Loans (Cost — $63,995,189)** | **Total Senior Loans (Cost — $63,995,189)** | **Total Senior Loans (Cost — $63,995,189)** | &nbsp;&nbsp; **57687760** |
| **Asset-Backed Securities — 5.8%** | **Asset-Backed Securities — 5.8%** | **Asset-Backed Securities — 5.8%** | **Asset-Backed Securities — 5.8%** | **Asset-Backed Securities — 5.8%** |
| &nbsp;&nbsp;&nbsp; 720 East CLO Ltd., 2025-7A E (3 mo. Term SOFR + 4.750%) | &nbsp;&nbsp; 8.425% | &nbsp;&nbsp; 4/20/37 | &nbsp;&nbsp; 1240000<br>| &nbsp;&nbsp;&nbsp; 1221336<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Abry Liquid Credit CLO Ltd., 2025-2A D (3 mo. Term SOFR + 3.150%) | &nbsp;&nbsp; 6.835% | &nbsp;&nbsp; 1/15/39 | &nbsp;&nbsp; 880000<br>| &nbsp;&nbsp;&nbsp; 889820<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; AGL CLO Ltd., 2021-16A DR (3 mo. Term SOFR + 2.400%) | &nbsp;&nbsp; 6.075% | &nbsp;&nbsp; 1/20/35 | &nbsp;&nbsp; 240000<br>| &nbsp;&nbsp;&nbsp; 232168<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through <br> Certificates, 2002-C M1 (1 mo. Term SOFR + 3.489%) | &nbsp;&nbsp; 7.144% | &nbsp;&nbsp; 11/25/32 | &nbsp;&nbsp; 625447<br>| &nbsp;&nbsp;&nbsp; 669765<br> <sup>(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; AMMC CLO Ltd., 2024-30A D1R (3 mo. Term SOFR + 2.650%) | &nbsp;&nbsp; 6.243% | &nbsp;&nbsp; 4/15/39 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 744946<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Apex Credit CLO LLC, 2021-2A CR (3 mo. Term SOFR + 3.750%) | &nbsp;&nbsp; 7.425% | &nbsp;&nbsp; 10/20/34 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp; 444965<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Apex Credit CLO Ltd., 2019-2A D1NR (3 mo. Term SOFR + 3.500%) | &nbsp;&nbsp; 7.167% | &nbsp;&nbsp; 1/25/38 | &nbsp;&nbsp; 1100000<br>| &nbsp;&nbsp;&nbsp; 1075661<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Apidos CLO Ltd., XXXA CR (3 mo. Term SOFR + 3.000%) | &nbsp;&nbsp; 6.675% | &nbsp;&nbsp; 10/18/31 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 752549<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bain Capital Credit CLO Ltd., 2021-4A D (3 mo. Term SOFR + 3.362%) | &nbsp;&nbsp; 7.037% | &nbsp;&nbsp; 10/20/34 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 377818<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Balboa Bay Loan Funding Ltd., 2023-2A ER (3 mo. Term SOFR + <br> 5.000%) | &nbsp;&nbsp; 8.675% | &nbsp;&nbsp; 10/20/36 | &nbsp;&nbsp; 720000<br>| &nbsp;&nbsp;&nbsp; 717363<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bear Mountain Park CLO Ltd., 2022-1A ER (3 mo. Term SOFR + <br> 5.950%) | &nbsp;&nbsp; 9.623% | &nbsp;&nbsp; 7/15/37 | &nbsp;&nbsp; 980000<br>| &nbsp;&nbsp;&nbsp; 888930<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Black Diamond CLO Ltd., 2021-1A CR (3 mo. Term SOFR + 3.900%) | &nbsp;&nbsp; 7.564% | &nbsp;&nbsp; 11/22/34 | &nbsp;&nbsp; 990000<br>| &nbsp;&nbsp;&nbsp; 988275<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Capital Four US CLO Ltd., 2021-1A DR (3 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 6.925% | &nbsp;&nbsp; 1/18/35 | &nbsp;&nbsp; 1050000<br>| &nbsp;&nbsp;&nbsp; 1034419<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Capital Four US CLO Ltd., 2025-4A D1 (3 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 6.925% | &nbsp;&nbsp; 10/18/38 | &nbsp;&nbsp; 870000<br>| &nbsp;&nbsp;&nbsp; 879789<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; CarVal CLO Ltd., 2024-3A D1 (3 mo. Term SOFR + 3.000%) | &nbsp;&nbsp; 6.675% | &nbsp;&nbsp; 10/20/37 | &nbsp;&nbsp; 930000<br>| &nbsp;&nbsp;&nbsp; 926365<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; CBAM Ltd., 2017-3A DR (3 mo. Term SOFR + 3.762%) | &nbsp;&nbsp; 7.442% | &nbsp;&nbsp; 7/17/34 | &nbsp;&nbsp; 440000<br>| &nbsp;&nbsp;&nbsp; 438425<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; CIFC Funding Ltd., 2021-1A D1R (3 mo. Term SOFR + 3.150%) | &nbsp;&nbsp; 6.817% | &nbsp;&nbsp; 7/25/37 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 501023<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Clover CLO LLC, 2021-3A DR (3 mo. Term SOFR + 2.550%) | &nbsp;&nbsp; 6.217% | &nbsp;&nbsp; 1/25/35 | &nbsp;&nbsp; 610000<br>| &nbsp;&nbsp;&nbsp; 601591<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dryden CLO Ltd., 2022-113A D1R3 (3 mo. Term SOFR + 3.000%) | &nbsp;&nbsp; 6.673% | &nbsp;&nbsp; 10/15/37 | &nbsp;&nbsp; 870000<br>| &nbsp;&nbsp;&nbsp; 872113<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Galaxy CLO Ltd., 2016-22A DR4 (3 mo. Term SOFR + 2.500%) | &nbsp;&nbsp; 6.180% | &nbsp;&nbsp; 4/16/34 | &nbsp;&nbsp; 1020000<br>| &nbsp;&nbsp;&nbsp; 1005498<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Greywolf CLO Ltd., 2019-1A CR2 (3 mo. Term SOFR + 3.500%) | &nbsp;&nbsp; 7.180% | &nbsp;&nbsp; 4/17/34 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 495179<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; GSAA Home Equity Trust, 2006-5 2A3 (1 mo. Term SOFR + 0.654%) | &nbsp;&nbsp; 4.309% | &nbsp;&nbsp; 3/25/36 | &nbsp;&nbsp; 1465567<br>| &nbsp;&nbsp;&nbsp; 661069<br> <sup>(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jamestown CLO Ltd., 2016-9A CR3 (3 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 6.917% | &nbsp;&nbsp; 7/25/34 | &nbsp;&nbsp; 710000<br>| &nbsp;&nbsp;&nbsp; 705498<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jamestown CLO Ltd., 2021-17A DR (3 mo. Term SOFR + 3.500%) | &nbsp;&nbsp; 7.167% | &nbsp;&nbsp; 1/25/35 | &nbsp;&nbsp; 1100000<br>| &nbsp;&nbsp;&nbsp; 1090142<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Katayma CLO Ltd., 2024-2A D (3 mo. Term SOFR + 4.500%) | &nbsp;&nbsp; 8.175% | &nbsp;&nbsp; 4/20/37 | &nbsp;&nbsp; 1110000<br>| &nbsp;&nbsp;&nbsp; 1115306<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Madison Park Funding Ltd., 2016-24A DR2 (3 mo. Term SOFR + <br> 2.950%) | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 10/20/29 | &nbsp;&nbsp; 590000<br>| &nbsp;&nbsp;&nbsp; 591868<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Magnetite Ltd., 2019-22A DRR (3 mo. Term SOFR + 2.900%) | &nbsp;&nbsp; 6.573% | &nbsp;&nbsp; 7/15/36 | &nbsp;&nbsp; 520000<br>| &nbsp;&nbsp;&nbsp; 520758<br> <sup>(a)(f)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| **Asset-Backed Securities — continued** | **Asset-Backed Securities — continued** | **Asset-Backed Securities — continued** | **Asset-Backed Securities — continued** | **Asset-Backed Securities — continued** |
| &nbsp;&nbsp;&nbsp; Marble Point CLO Ltd., 2021-4A D1R (3 mo. Term SOFR + 3.300%) | &nbsp;&nbsp; 6.964% | &nbsp;&nbsp; 1/22/35 | &nbsp;&nbsp; 1250000<br>| &nbsp;&nbsp;&nbsp; $1247533<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mountain View CLO Ltd., 2015-9A CR (3 mo. Term SOFR + 3.382%) | &nbsp;&nbsp; 7.055% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 440000<br>| &nbsp;&nbsp;&nbsp; 442597<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; MVW LLC, 2021-1WA C | &nbsp;&nbsp; 1.940% | &nbsp;&nbsp; 1/22/41 | &nbsp;&nbsp; 145988<br>| &nbsp;&nbsp;&nbsp; 141691<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; New Mountain CLO Ltd., 5A D1R (3 mo. Term SOFR + 3.150%) | &nbsp;&nbsp; 6.825% | &nbsp;&nbsp; 7/20/36 | &nbsp;&nbsp; 710000<br>| &nbsp;&nbsp;&nbsp; 709752<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ocean Trails CLO Ltd., 2020-10A DR2 (3 mo. Term SOFR + 3.750%) | &nbsp;&nbsp; 7.423% | &nbsp;&nbsp; 10/15/34 | &nbsp;&nbsp; 1390000<br>| &nbsp;&nbsp;&nbsp; 1380585<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ocean Trails CLO Ltd., 2022-12A D1R (3 mo. Term SOFR + 3.500%) | &nbsp;&nbsp; 7.175% | &nbsp;&nbsp; 7/20/35 | &nbsp;&nbsp; 550000<br>| &nbsp;&nbsp;&nbsp; 543622<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; OFSI BSL Ltd., 2022-11A D1RR (3 mo. Term SOFR + 3.710%) | &nbsp;&nbsp; 7.385% | &nbsp;&nbsp; 3/31/38 | &nbsp;&nbsp; 950000<br>| &nbsp;&nbsp;&nbsp; 941614<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; OHA Credit Funding Ltd., 2022-11A D1R (3 mo. Term SOFR + 2.850%) | &nbsp;&nbsp; 6.525% | &nbsp;&nbsp; 7/19/37 | &nbsp;&nbsp; 710000<br>| &nbsp;&nbsp;&nbsp; 711734<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Palmer Square Loan Funding Ltd., 2024-1A DR (3 mo. Term SOFR + <br> 3.750%) | &nbsp;&nbsp; 7.423% | &nbsp;&nbsp; 10/15/32 | &nbsp;&nbsp; 770000<br>| &nbsp;&nbsp;&nbsp; 761982<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Palmer Square Loan Funding Ltd., 2024-3A CR (3 mo. Term SOFR + <br> 1.850%) | &nbsp;&nbsp; 5.510% | &nbsp;&nbsp; 8/8/32 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 727362<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; PPM CLO Ltd., 2025-8A D1 (3 mo. Term SOFR + 3.000%) | &nbsp;&nbsp; 6.675% | &nbsp;&nbsp; 4/20/38 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1000498<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rockford Tower CLO Ltd., 2022-2A ER2 (3 mo. Term SOFR + 6.840%) | &nbsp;&nbsp; 10.515% | &nbsp;&nbsp; 3/20/38 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 228994<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; RR Ltd., 2021-18A DR (3 mo. Term SOFR + 4.900%) | &nbsp;&nbsp; 8.573% | &nbsp;&nbsp; 7/15/40 | &nbsp;&nbsp; 1040000<br>| &nbsp;&nbsp;&nbsp; 1028498<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sandstone Peak Ltd., 2024-1A D1R (3 mo. Term SOFR + 3.050%) | &nbsp;&nbsp; 6.714% | &nbsp;&nbsp; 4/25/37 | &nbsp;&nbsp; 860000<br>| &nbsp;&nbsp;&nbsp; 861690<br> <sup>(a)(f)(i)</sup><br>|
| &nbsp;&nbsp;&nbsp; Structured Asset Securities Corp. Trust, 2005-SC1 1A2 | &nbsp;&nbsp; 5.995% | &nbsp;&nbsp; 5/25/31 | &nbsp;&nbsp; 815924<br>| &nbsp;&nbsp;&nbsp; 570515<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Voya CLO Ltd., 2018-2A D (3 mo. Term SOFR + 3.012%) | &nbsp;&nbsp; 6.685% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 940000<br>| &nbsp;&nbsp;&nbsp; 943233<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Voya CLO Ltd., 2020-3A D1RR (3 mo. Term SOFR + 2.700%) | &nbsp;&nbsp; 6.372% | &nbsp;&nbsp; 1/20/38 | &nbsp;&nbsp; 550000<br>| &nbsp;&nbsp;&nbsp; 547677<br> <sup>(a)(f)</sup><br>|
| **Total Asset-Backed Securities (Cost — $34,274,945)** | **Total Asset-Backed Securities (Cost — $34,274,945)** | **Total Asset-Backed Securities (Cost — $34,274,945)** | **Total Asset-Backed Securities (Cost — $34,274,945)** | &nbsp;&nbsp; **33232216** |
| **Collateralized Mortgage Obligations**<sup>(o)</sup> **— 4.2%** | **Collateralized Mortgage Obligations**<sup>(o)</sup> **— 4.2%** | **Collateralized Mortgage Obligations**<sup>(o)</sup> **— 4.2%** | **Collateralized Mortgage Obligations**<sup>(o)</sup> **— 4.2%** | **Collateralized Mortgage Obligations**<sup>(o)</sup> **— 4.2%** |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, 2019-IMC F (1 mo. Term SOFR + <br> 2.946%) | &nbsp;&nbsp; 6.601% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 2450000<br>| &nbsp;&nbsp;&nbsp; 2426627<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; CEDR Commercial Mortgage Trust, 2022-SNAI D (1 mo. Term SOFR + <br> 2.376%) | &nbsp;&nbsp; 6.030% | &nbsp;&nbsp; 2/15/39 | &nbsp;&nbsp; 1800000<br>| &nbsp;&nbsp;&nbsp; 1760493<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; DGWD Trust, 2025-INFL E (1 mo. Term SOFR + 4.000%) | &nbsp;&nbsp; 7.655% | &nbsp;&nbsp; 8/15/35 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 499922<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Eagle RE Ltd., 2023-1 M2 (30 Day Average SOFR + 5.200%) | &nbsp;&nbsp; 8.845% | &nbsp;&nbsp; 9/26/33 | &nbsp;&nbsp; 920000<br>| &nbsp;&nbsp;&nbsp; 971795<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured <br> Agency Credit Risk Trust, 2021-DNA5 B1 (30 Day Average SOFR + <br> 3.050%) | &nbsp;&nbsp; 6.695% | &nbsp;&nbsp; 1/25/34 | &nbsp;&nbsp; 790000<br>| &nbsp;&nbsp;&nbsp; 842075<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured <br> Agency Credit Risk Trust, 2021-DNA5 M2 (30 Day Average SOFR + <br> 1.650%) | &nbsp;&nbsp; 5.295% | &nbsp;&nbsp; 1/25/34 | &nbsp;&nbsp; 26485<br>| &nbsp;&nbsp;&nbsp; 26553<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured <br> Agency Credit Risk Trust, 2026-DNA2 B1 (30 Day Average SOFR + <br> 2.100%) | &nbsp;&nbsp; 5.745% | &nbsp;&nbsp; 3/25/46 | &nbsp;&nbsp; 380000<br>| &nbsp;&nbsp;&nbsp; 383569<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) Seasoned Credit Risk <br> Transfer Trust, 2019-1 M | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 7/25/58 | &nbsp;&nbsp; 636627<br>| &nbsp;&nbsp;&nbsp; 625361<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) Seasoned Credit Risk <br> Transfer Trust, 2020-1 M | &nbsp;&nbsp; 4.250% | &nbsp;&nbsp; 8/25/59 | &nbsp;&nbsp; 874026<br>| &nbsp;&nbsp;&nbsp; 853562<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) Seasoned Credit Risk <br> Transfer Trust, 2024-1 M | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 11/25/63 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 280824<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2019-R05 <br> 1B1 (30 Day Average SOFR + 4.214%) | &nbsp;&nbsp; 7.860% | &nbsp;&nbsp; 7/25/39 | &nbsp;&nbsp; 794648<br>| &nbsp;&nbsp;&nbsp; 799911<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2020-R01 <br> 1B1 (30 Day Average SOFR + 3.364%) | &nbsp;&nbsp; 7.010% | &nbsp;&nbsp; 1/25/40 | &nbsp;&nbsp; 260000<br>| &nbsp;&nbsp;&nbsp; 263515<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2021-R01 <br> 1B1 (30 Day Average SOFR + 3.100%) | &nbsp;&nbsp; 6.745% | &nbsp;&nbsp; 10/25/41 | &nbsp;&nbsp; 520000<br>| &nbsp;&nbsp;&nbsp; 525181<br> <sup>(a)(f)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| **Collateralized Mortgage Obligations**<sup>(o)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(o)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(o)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(o)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(o)</sup> **— continued** |
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2022-R01 <br> 1B1 (30 Day Average SOFR + 3.150%) | &nbsp;&nbsp; 6.795% | &nbsp;&nbsp; 12/25/41 | &nbsp;&nbsp; 100000<br>| &nbsp;&nbsp;&nbsp; $101269<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2022-R05 <br> 2B2 (30 Day Average SOFR + 7.000%) | &nbsp;&nbsp; 10.645% | &nbsp;&nbsp; 4/25/42 | &nbsp;&nbsp; 930000<br>| &nbsp;&nbsp;&nbsp; 979948<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2024-R01 <br> 1B1 (30 Day Average SOFR + 2.700%) | &nbsp;&nbsp; 6.345% | &nbsp;&nbsp; 1/25/44 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 287797<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2025-R02 <br> 1B1 (30 Day Average SOFR + 1.950%) | &nbsp;&nbsp; 5.595% | &nbsp;&nbsp; 2/25/45 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 270647<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, 2014-GC24 B | &nbsp;&nbsp; 4.447% | &nbsp;&nbsp; 9/10/47 | &nbsp;&nbsp; 859385<br>| &nbsp;&nbsp;&nbsp; 832198<br> <sup>(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; LHOME Mortgage Trust, 2024-RTL4 M1 | &nbsp;&nbsp; 7.792% | &nbsp;&nbsp; 7/25/39 | &nbsp;&nbsp; 1200000<br>| &nbsp;&nbsp;&nbsp; 1211628<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; LHOME Mortgage Trust, 2025-RTL1 M1 | &nbsp;&nbsp; 7.023% | &nbsp;&nbsp; 1/25/40 | &nbsp;&nbsp; 680000<br>| &nbsp;&nbsp;&nbsp; 687333<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; NYC Commercial Mortgage Trust, 2025-28L F | &nbsp;&nbsp; 8.401% | &nbsp;&nbsp; 11/5/38 | &nbsp;&nbsp; 600000<br>| &nbsp;&nbsp;&nbsp; 599076<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; NYC Commercial Mortgage Trust, 2025-28L G | &nbsp;&nbsp; 9.631% | &nbsp;&nbsp; 11/5/38 | &nbsp;&nbsp; 1400000<br>| &nbsp;&nbsp;&nbsp; 1394423<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Redwood Funding Trust, 2026-2 A | &nbsp;&nbsp; 6.259% | &nbsp;&nbsp; 11/27/56 | &nbsp;&nbsp; 1750000<br>| &nbsp;&nbsp;&nbsp; 1749998<br> <sup>(a)(i)</sup><br>|
| &nbsp;&nbsp;&nbsp; ROCK Trust, 2024-CNTR E | &nbsp;&nbsp; 8.819% | &nbsp;&nbsp; 11/13/41 | &nbsp;&nbsp; 1700000<br>| &nbsp;&nbsp;&nbsp; 1783339<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; SMRT, 2022-MINI F (1 mo. Term SOFR + 3.350%) | &nbsp;&nbsp; 7.005% | &nbsp;&nbsp; 1/15/39 | &nbsp;&nbsp; 2050000<br>| &nbsp;&nbsp;&nbsp; 2011056<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, 2023-8 B1 | &nbsp;&nbsp; 8.070% | &nbsp;&nbsp; 12/25/68 | &nbsp;&nbsp; 930000<br>| &nbsp;&nbsp;&nbsp; 940947<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, 2015-C28 D | &nbsp;&nbsp; 4.271% | &nbsp;&nbsp; 5/15/48 | &nbsp;&nbsp; 877696<br>| &nbsp;&nbsp;&nbsp; 858488<br> <sup>(f)</sup><br>|
| **Total Collateralized Mortgage Obligations (Cost — $23,831,532)** | **Total Collateralized Mortgage Obligations (Cost — $23,831,532)** | **Total Collateralized Mortgage Obligations (Cost — $23,831,532)** | **Total Collateralized Mortgage Obligations (Cost — $23,831,532)** | &nbsp;&nbsp; **23967535** |
|  |  |  | Shares |  |
| **Investments in Underlying Funds — 1.5%** | **Investments in Underlying Funds — 1.5%** | **Investments in Underlying Funds — 1.5%** | **Investments in Underlying Funds — 1.5%** | **Investments in Underlying Funds — 1.5%** |
| &nbsp;&nbsp;&nbsp; iShares Trust — iShares 0-5 Year High Yield Corporate Bond ETF |  |  | &nbsp;&nbsp; 81400<br>| &nbsp;&nbsp;&nbsp; 3473338<br>|
| &nbsp;&nbsp;&nbsp; SPDR Series Trust — State Street SPDR Bloomberg Short Term High <br> Yield Bond ETF |  |  | &nbsp;&nbsp; 192650<br>| &nbsp;&nbsp;&nbsp; 4856706<br>|
| **Total Investments in Underlying Funds (Cost — $8,381,220)** | **Total Investments in Underlying Funds (Cost — $8,381,220)** | **Total Investments in Underlying Funds (Cost — $8,381,220)** | **Total Investments in Underlying Funds (Cost — $8,381,220)** | &nbsp;&nbsp; **8330044** |
|  |  |  | Shares/Units |  |
| **Common Stocks — 0.3%** | **Common Stocks — 0.3%** | **Common Stocks — 0.3%** | **Common Stocks — 0.3%** | **Common Stocks — 0.3%** |
| **Communication Services — 0.2%** | **Communication Services — 0.2%** | **Communication Services — 0.2%** | **Communication Services — 0.2%** | **Communication Services — 0.2%** |
| *Diversified Telecommunication Services — 0.2%* | *Diversified Telecommunication Services — 0.2%* | *Diversified Telecommunication Services — 0.2%* | *Diversified Telecommunication Services — 0.2%* | *Diversified Telecommunication Services — 0.2%* |
| &nbsp;&nbsp;&nbsp; Altice France Luxco | &nbsp;&nbsp;&nbsp; Altice France Luxco |  | &nbsp;&nbsp; 37255 | &nbsp;&nbsp;&nbsp; **770,029**<br> \*<br>|
| **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** |
| *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC | &nbsp;&nbsp;&nbsp; Spirit Airlines LLC |  | &nbsp;&nbsp; 466 | &nbsp;&nbsp;&nbsp; 652<br> \*<sup>(p)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Aviation Holdings Inc. | &nbsp;&nbsp;&nbsp; Spirit Aviation Holdings Inc. |  | &nbsp;&nbsp; 80264 | &nbsp;&nbsp;&nbsp; 112,370<br> \*<br>|
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **113022** |
| **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** |
| *Semiconductors & Semiconductor Equipment — 0.1%* | *Semiconductors & Semiconductor Equipment — 0.1%* | *Semiconductors & Semiconductor Equipment — 0.1%* | *Semiconductors & Semiconductor Equipment — 0.1%* | *Semiconductors & Semiconductor Equipment — 0.1%* |
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 2 LLC | &nbsp;&nbsp;&nbsp; VCI Asset Holdings 2 LLC |  | &nbsp;&nbsp; 565046 | &nbsp;&nbsp;&nbsp; **596,124**<br> \*<sup>(d)(e)</sup><br>|
| **Materials — 0.0%††** | **Materials — 0.0%††** | **Materials — 0.0%††** | **Materials — 0.0%††** | **Materials — 0.0%††** |
| *Metals & Mining — 0.0%††* | *Metals & Mining — 0.0%††* | *Metals & Mining — 0.0%††* | *Metals & Mining — 0.0%††* | *Metals & Mining — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Arctic Canadian Diamond Co. Ltd. | &nbsp;&nbsp;&nbsp; Arctic Canadian Diamond Co. Ltd. |  | &nbsp;&nbsp; 871 | &nbsp;&nbsp;&nbsp; **0**<br> \*<sup>(d)(e)(h)</sup><br>|
| **Total Common Stocks (Cost — $1,692,380)** | **Total Common Stocks (Cost — $1,692,380)** | **Total Common Stocks (Cost — $1,692,380)** | **Total Common Stocks (Cost — $1,692,380)** | &nbsp;&nbsp;&nbsp; **1479175**<br>|

---

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

 **Western Asset Short Duration High Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity <br>Date<br>| Face <br>Amount†<br>| Value |
| **Convertible Bonds & Notes — 0.2%** | **Convertible Bonds & Notes — 0.2%** | **Convertible Bonds & Notes — 0.2%** | **Convertible Bonds & Notes — 0.2%** | **Convertible Bonds & Notes — 0.2%** |
| **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** |
| *Media — 0.1%* | *Media — 0.1%* | *Media — 0.1%* | *Media — 0.1%* | *Media — 0.1%* |
| &nbsp;&nbsp;&nbsp; EchoStar Corp., Senior Secured Notes (3.875% Cash or 3.875% PIK) | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 11/30/30 | &nbsp;&nbsp; 131066<br>| &nbsp;&nbsp;&nbsp;&nbsp; **$492070**<br> <sup>(b)</sup><br>|
| **Industrials — 0.1%** | **Industrials — 0.1%** | **Industrials — 0.1%** | **Industrials — 0.1%** | **Industrials — 0.1%** |
| *Aerospace & Defense — 0.1%* | *Aerospace & Defense — 0.1%* | *Aerospace & Defense — 0.1%* | *Aerospace & Defense — 0.1%* | *Aerospace & Defense — 0.1%* |
| &nbsp;&nbsp;&nbsp; AeroVironment Inc., Senior Notes | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 7/15/30 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 701730<br>|
| &nbsp;&nbsp;&nbsp; Voyager Technologies Inc., Senior Notes | &nbsp;&nbsp; 0.750% | &nbsp;&nbsp; 11/15/30 | &nbsp;&nbsp; 170000<br>| &nbsp;&nbsp;&nbsp; 193426<br> <sup>(a)</sup><br>|
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **895156** |
| **Total Convertible Bonds & Notes (Cost — $1,108,052)** | **Total Convertible Bonds & Notes (Cost — $1,108,052)** | **Total Convertible Bonds & Notes (Cost — $1,108,052)** | **Total Convertible Bonds & Notes (Cost — $1,108,052)** | &nbsp;&nbsp; **1387226** |
| **Sovereign Bonds — 0.2%** | **Sovereign Bonds — 0.2%** | **Sovereign Bonds — 0.2%** | **Sovereign Bonds — 0.2%** | **Sovereign Bonds — 0.2%** |
| *Argentina — 0.2%* | *Argentina — 0.2%* | *Argentina — 0.2%* | *Argentina — 0.2%* | *Argentina — 0.2%* |
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bond, Senior Notes | &nbsp;&nbsp; 1.000% | &nbsp;&nbsp; 7/9/29 | &nbsp;&nbsp; 87094<br>| &nbsp;&nbsp;&nbsp; 77819<br>|
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bond, Senior Notes, <br> Step bond (0.750% to 7/9/27 then 1.750%) | &nbsp;&nbsp; 0.750% | &nbsp;&nbsp; 7/9/30 | &nbsp;&nbsp; 446693<br>| &nbsp;&nbsp;&nbsp; 385295<br>|
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bond, Senior Notes, <br> Step bond (4.125% to 7/9/27 then 4.750%) | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 7/9/35 | &nbsp;&nbsp; 953791<br>| &nbsp;&nbsp;&nbsp; 712959<br>|
| **Total Sovereign Bonds (Cost — $982,148)** | **Total Sovereign Bonds (Cost — $982,148)** | **Total Sovereign Bonds (Cost — $982,148)** | **Total Sovereign Bonds (Cost — $982,148)** | &nbsp;&nbsp; **1176073** |
|  |  | Expiration <br>Date<br>| Warrants |  |
| **Warrants — 0.0%††** | **Warrants — 0.0%††** | **Warrants — 0.0%††** | **Warrants — 0.0%††** | **Warrants — 0.0%††** |
| **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** |
| *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC (Cost — $694,222) |  | &nbsp;&nbsp; 3/12/30 | &nbsp;&nbsp; 57028<br>| &nbsp;&nbsp;&nbsp; **79,839**<br> \*<sup>(a)(d)(p)</sup><br>|
|  |  | Expiration <br>Date<br>| Rights |  |
| **Rights — 0.0%††** | **Rights — 0.0%††** | **Rights — 0.0%††** | **Rights — 0.0%††** | **Rights — 0.0%††** |
| **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** |
| *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Altice France Luxco (Cost — $0) |  | &nbsp;&nbsp; — | &nbsp;&nbsp; 2090 | &nbsp;&nbsp;&nbsp; **34,341**<br> \*<br>|
| **Total Investments before Short-Term Investments (Cost — $568,552,950)** | **Total Investments before Short-Term Investments (Cost — $568,552,950)** | **Total Investments before Short-Term Investments (Cost — $568,552,950)** | **Total Investments before Short-Term Investments (Cost — $568,552,950)** | &nbsp;&nbsp; **564596029** |
|  | Rate |  | Shares |  |
| **Short-Term Investments — 1.7%** | **Short-Term Investments — 1.7%** | **Short-Term Investments — 1.7%** | **Short-Term Investments — 1.7%** | **Short-Term Investments — 1.7%** |
| &nbsp;&nbsp;&nbsp; Western Asset Premier Institutional Government Reserves, Premium <br> Shares (Cost — $9,603,774)  | &nbsp;&nbsp; 3.588% |  | &nbsp;&nbsp; 9603774<br>| &nbsp;&nbsp;&nbsp;&nbsp; **9603774**<br> <sup>(q)(r)</sup><br>|
| **Total Investments — 100.6% (Cost — $578,156,724)** | **Total Investments — 100.6% (Cost — $578,156,724)** | **Total Investments — 100.6% (Cost — $578,156,724)** | **Total Investments — 100.6% (Cost — $578,156,724)** | &nbsp;&nbsp; **574199803** |
| &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (0.6)% | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (0.6)% | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (0.6)% | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (0.6)% | &nbsp;&nbsp;&nbsp; (3258965)<br>|
| **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | &nbsp;&nbsp; **$570940838** |

---

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

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Short Duration High Income Fund**

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| †† | Represents less than 0.1%. |
| \* | Non-income producing security. |
| <sup>(a)</sup> | Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions that are exempt from <br> registration, normally to qualified institutional buyers. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees.<br>|
| <sup>(b)</sup> | Payment-in-kind security for which the issuer has the option at each interest payment date of making interest payments in cash or additional securities.  |
| <sup>(c)</sup> | Security is exempt from registration under Regulation S of the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of <br> the United States and do not involve direct selling efforts in the United States. This security has been deemed liquid pursuant to guidelines approved by the <br> Board of Trustees.<br>|
| <sup>(d)</sup> | Security is fair valued in accordance with procedures approved by the Board of Trustees (Note 1). |
| <sup>(e)</sup> | Security is valued using significant unobservable inputs (Note 1). |
| <sup>(f)</sup> | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published <br> reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a <br> reference rate and spread in their description above.<br>|
| <sup>(g)</sup> | Security has no maturity date. The date shown represents the next call date. |
| <sup>(h)</sup> | Value is less than $1. |
| <sup>(i)</sup> | Securities traded on a when-issued or delayed delivery basis. |
| <sup>(j)</sup> | Interest rates disclosed represent the effective rates on senior loans. Ranges in interest rates are attributable to multiple contracts under the same loan. |
| <sup>(k)</sup> | Senior loans may be considered restricted in that the Fund ordinarily is contractually obligated to receive approval from the agent bank and/or borrower <br> prior to the disposition of a senior loan. <br>|
| <sup>(l)</sup> | All or a portion of this loan has not settled as of April 30, 2026. Interest rates are not effective until settlement date. Interest rates shown, if any, are for the <br> settled portion of the loan.<br>|
| <sup>(m)</sup> | All or a portion of this loan is unfunded as of April 30, 2026. The interest rate for fully unfunded term loans is to be determined. At April 30, 2026, the total <br> principal amount and market value of unfunded commitments totaled $82,200 and $82,630, respectively.<br>|
| <sup>(n)</sup> | The coupon payment on this security is currently in default as of April 30, 2026. |
| <sup>(o)</sup> | Collateralized mortgage obligations are secured by an underlying pool of mortgages or mortgage pass-through certificates that are structured to direct <br> payments on underlying collateral to different series or classes of the obligations. The interest rate may change positively or inversely in relation to one or <br> more interest rates, financial indices or other financial indicators and may be subject to an upper and/or lower limit.<br>|
| <sup>(p)</sup> | Restricted security (Note 3). |
| <sup>(q)</sup> | Rate shown is one-day yield as of the end of the reporting period.  |
| <sup>(r)</sup> | In this instance, as defined in the Investment Company Act of 1940, an "Affiliated Company" represents Fund ownership of at least 5% of the outstanding <br> voting securities of an issuer, or a company which is under common ownership or control with the Fund. At April 30, 2026, the total market value of <br> investments in Affiliated Companies was $9,603,774 and the cost was $9,603,774 (Note 2).<br>|

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

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| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** |
| CAS |  | Connecticut Avenue Securities |
| CLO |  | Collateralized Loan Obligation |
| CORRA |  | Canadian Overnight Repo Rate Average |
| DAC |  | Designated Activity Company |
| DIP |  | Debtor-in-possession |
| ETF |  | Exchange-Traded Fund |
| GBP |  | British Pound |
| PIK |  | Payment-In-Kind |
| REMIC |  | Real Estate Mortgage Investment Conduit |
| SOFR |  | Secured Overnight Financing Rate |
| SPDR |  | Standard & Poor's Depositary Receipts |
| USD |  | United States Dollar |

---

At April 30, 2026, the Fund had the following open forward foreign currency contracts:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Currency <br>Purchased | Currency <br>Purchased | Currency <br>Sold | Currency <br>Sold | Counterparty | Settlement <br>Date<br>| Unrealized <br>Appreciation <br>(Depreciation)<br>|
| USD | &nbsp;&nbsp; 162945 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 138415 | BNP Paribas SA | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp; $(65) |
| USD | &nbsp;&nbsp; 336158 | &nbsp;&nbsp; GBP | &nbsp;&nbsp; 253968 | BNP Paribas SA | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp; (9339) |

---

See Notes to Schedule of Investments.

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Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

 **Western Asset Short Duration High Income Fund**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Currency<br> Purchased | Currency<br> Purchased | Currency<br> Sold | Currency<br> Sold | Counterparty | Settlement<br> Date<br>| Unrealized<br> Appreciation<br> (Depreciation)<br>|
| AUD | &nbsp;&nbsp; 809439 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 560686 | Citibank N.A. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp; $21201 |
| CAD | &nbsp;&nbsp; 478773 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 345714 | Citibank N.A. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp; 7908 |
| EUR | &nbsp;&nbsp; 199230 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 231495 | JPMorgan Chase & Co. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp; 3136 |
| **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | &nbsp;&nbsp; **$22841** |

---

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

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** |
| AUD |  | Australian Dollar |
| CAD |  | Canadian Dollar |
| EUR |  | Euro |
| GBP |  | British Pound |
| USD |  | United States Dollar |

---

At April 30, 2026, the Fund had the following open swap contracts:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  |
| Reference Entity | Notional <br>Amount<sup>2</sup> <br>| Termination <br>Date<br>| &nbsp;&nbsp;&nbsp; Implied <br>Credit <br>Spread at <br>April 30, <br>2026<sup>3</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; Periodic <br>Payments <br>Received by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp; Market <br>Value<br>| &nbsp;&nbsp;&nbsp; Upfront <br>Premiums <br>Paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(Received)<br>| &nbsp;&nbsp;&nbsp; Unrealized <br>Appreciation<br>|
| Nabors Industries Inc., 9.125%, due <br> 1/31/30<br>| $408000 | 6/20/29 | &nbsp;&nbsp;&nbsp;&nbsp; 1.540% | 1.000% quarterly | &nbsp;&nbsp;&nbsp; **$(6416)** | &nbsp;&nbsp;&nbsp; **$(46693)** | &nbsp;&nbsp;&nbsp; **$40277** |

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  |
| Reference Entity | Notional <br>Amount<sup>2</sup> <br>| Termination <br>Date<br>| &nbsp;&nbsp;&nbsp; Implied <br>Credit <br>Spread at <br>April 30, <br>2026<sup>3</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; Periodic <br>Payments <br>Made by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp; Market <br>Value<br>| &nbsp;&nbsp;&nbsp; Upfront <br>Premiums <br>Paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(Received)<br>| &nbsp;&nbsp;&nbsp; Unrealized <br>Appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(Depreciation)<br>|
| American Airlines Group Inc., <br> 6.500%, due 7/1/25<br>| $1060000 | 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; 5.256% | 5.000% quarterly | &nbsp;&nbsp;&nbsp;&nbsp; $10850 | &nbsp;&nbsp;&nbsp;&nbsp; $(10355) | &nbsp;&nbsp;&nbsp;&nbsp; $21205 |
| Transocean Inc., 8.000%, due <br> 2/1/27<br>| &nbsp;&nbsp;&nbsp;&nbsp; 408000 | 6/20/29 | &nbsp;&nbsp;&nbsp;&nbsp; 1.268% | 1.000% quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 3203 | &nbsp;&nbsp;&nbsp;&nbsp; 32717 | &nbsp;&nbsp;&nbsp;&nbsp; (29514) |
| **Total** | **$1468000** |  |  |  | &nbsp;&nbsp;&nbsp; **$14053** | &nbsp;&nbsp;&nbsp; **$22362** | &nbsp;&nbsp;&nbsp; **$(8309)** |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — BUY PROTECTION**<sup>4</sup>  |
| Reference Entity | Notional <br>Amount<sup>2</sup> <br>| &nbsp;&nbsp;&nbsp; Termination <br>Date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Periodic <br>Payments <br>Made by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp; Market <br>Value<sup>5</sup> <br>| &nbsp;&nbsp;&nbsp; Upfront <br>Premiums <br>Paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(Received)<br>| &nbsp;&nbsp;&nbsp; Unrealized <br>Appreciation<br>|
| Markit CDX.NA.HY.46 Index | $11480000 | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/31 | 5.000% quarterly | &nbsp;&nbsp;&nbsp; **$(818119)** | &nbsp;&nbsp;&nbsp; **$(820328)** | &nbsp;&nbsp;&nbsp; **$2209** |

---

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

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Short Duration High Income Fund**

---

| | |
|:---|:---|
| <sup>1</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to <br> the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities <br> comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the <br> recovery value of the referenced obligation or underlying securities comprising the referenced index.<br>|
| <sup>2</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event <br> occurs as defined under the terms of that particular swap agreement.<br>|
| <sup>3</sup> | Implied credit spreads, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end, serve <br> as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied <br> credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter <br> into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or <br> other credit event occurring as defined under the terms of the agreement. A credit spread identified as "Defaulted" indicates a credit event has occurred for <br> the referenced entity or obligation.<br>|
| <sup>4</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive <br> from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or the underlying securities <br> comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the <br> recovery value of the referenced obligation or the underlying securities comprising the referenced index.<br>|
| <sup>5</sup> | The quoted market prices and resulting values for credit default swap agreements on asset-backed securities and credit indices serve as an indicator of the <br> current status of the payment/performance risk and represent the likelihood of an expected loss (or profit) for the credit derivative had the notional amount <br> of the swap agreement been closed/sold as of the period end. Decreasing market values (sell protection) or increasing market values (buy protection), when <br> compared to the notional amount of the swap, represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of <br> default or other credit event occurring as defined under the terms of the agreement.<br>|
| † | Percentage shown is an annual percentage rate. |

---

This Schedule of Investments is unaudited and is intended to provide information about the Fund's investments as of the date of the schedule. Other information regarding the Fund is available in the Fund's most recent annual or semi-annual shareholder report.

See Notes to Schedule of Investments.

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Notes to Schedule of Investments (unaudited)

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

**1. Organization and significant accounting policies** 

Western Asset Short Duration High Income Fund (the "Fund") is a separate diversified investment series of Legg Mason Partners Income Trust (the "Trust"). The Trust, a Maryland statutory trust, is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company.

The Fund follows the accounting and reporting guidance in Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, *Financial Services – Investment Companies* ("ASC 946"). The following are significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles ("GAAP"), including, but not limited to, ASC 946.

**(a) Investment valuation.** The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services typically use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Investments in open-end funds are valued at the closing net asset value per share of each fund on the day of valuation. Equity securities, including exchange-traded funds, for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. When the Fund holds securities or other assets that are denominated in a foreign currency, the Fund will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time). If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the manager to be unreliable, the market price may be determined by the manager using quotations from one or more broker/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund values these securities as determined in accordance with procedures approved by the Fund's Board of Trustees (the "Board").

Pursuant to policies adopted by the Board, the Fund's manager has been designated as the valuation designee and is responsible for the oversight of the daily valuation process. The Fund's manager is assisted by the Global Fund Valuation Committee (the "Valuation Committee"). The Valuation Committee is responsible for making fair value determinations, evaluating the effectiveness of the Fund's pricing policies, and reporting to the Fund's manager and the Board. When determining the reliability of third party pricing information for investments owned by the Fund, the Valuation Committee, among other things, conducts due diligence reviews of pricing vendors, monitors the daily change in prices and reviews transactions among market participants.

The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer's financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts' research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities. Additionally, if the closing net asset value per share for an underlying fund is not available on the day of valuation, the Valuation Committee may adjust the underlying fund's last available net asset value per share to account for significant events that have occurred subsequent to the underlying fund's last net asset value per share calculation but prior to the day of valuation.

For each portfolio security that has been fair valued pursuant to the policies adopted by the Board, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such back testing monthly and fair valuation occurrences are reported to the Board quarterly.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Notes to Schedule of Investments (unaudited) (cont'd)

relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

GAAP establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

• Level 1 — unadjusted quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

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

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets and liabilities carried at fair value: <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Long-Term Investments†: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Corporate Bonds & Notes: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | &nbsp;&nbsp; — | &nbsp;&nbsp; $48659663 | &nbsp;&nbsp; $2754734 | &nbsp;&nbsp; $51414397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | &nbsp;&nbsp; — | &nbsp;&nbsp; 48574572 | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; 48574572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Corporate Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 337232851 | &nbsp;&nbsp; — | &nbsp;&nbsp; 337232851 |
| &nbsp;&nbsp;&nbsp; Senior Loans: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication Services | &nbsp;&nbsp; — | &nbsp;&nbsp; 4753451 | &nbsp;&nbsp; 1532223 | &nbsp;&nbsp; 6285674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Discretionary | &nbsp;&nbsp; — | &nbsp;&nbsp; 9644101 | &nbsp;&nbsp; 1722865 | &nbsp;&nbsp; 11366966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | &nbsp;&nbsp; — | &nbsp;&nbsp; 7633080 | &nbsp;&nbsp; 681700 | &nbsp;&nbsp; 8314780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | &nbsp;&nbsp; — | &nbsp;&nbsp; 9288408 | &nbsp;&nbsp; 696564 | &nbsp;&nbsp; 9984972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; 9501903 | &nbsp;&nbsp; 3594301 | &nbsp;&nbsp; 13096204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | &nbsp;&nbsp; — | &nbsp;&nbsp; 1951339 | &nbsp;&nbsp; 232146 | &nbsp;&nbsp; 2183485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Senior Loans | &nbsp;&nbsp; — | &nbsp;&nbsp; 6455679 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6455679 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; 33232216 | &nbsp;&nbsp; — | &nbsp;&nbsp; 33232216 |
| &nbsp;&nbsp;&nbsp; Collateralized Mortgage Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 23967535 | &nbsp;&nbsp; — | &nbsp;&nbsp; 23967535 |
| &nbsp;&nbsp;&nbsp; Investments in Underlying Funds | &nbsp;&nbsp; $8330044 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 8330044 |
| &nbsp;&nbsp;&nbsp; Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication Services | &nbsp;&nbsp; — | &nbsp;&nbsp; 770029 | &nbsp;&nbsp; — | &nbsp;&nbsp; 770029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | &nbsp;&nbsp; 112370 | &nbsp;&nbsp; 652 | &nbsp;&nbsp; — | &nbsp;&nbsp; 113022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 596124 | &nbsp;&nbsp; 596124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; 0\* |
| &nbsp;&nbsp;&nbsp; Convertible Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 1387226 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1387226 |
| &nbsp;&nbsp;&nbsp; Sovereign Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp; 1176073 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1176073 |
| &nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp; 79839 | &nbsp;&nbsp; — | &nbsp;&nbsp; 79839 |
| &nbsp;&nbsp;&nbsp; Rights | &nbsp;&nbsp; — | &nbsp;&nbsp; 34341 | &nbsp;&nbsp; — | &nbsp;&nbsp; 34341 |
| Total Long-Term Investments | &nbsp;&nbsp; 8442414 | &nbsp;&nbsp; 544342958 | &nbsp;&nbsp; 11810657 | &nbsp;&nbsp; 564596029 |
| Short-Term Investments† | &nbsp;&nbsp; 9603774 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 9603774 |
| **Total Investments** | &nbsp;&nbsp; **$18046188** | &nbsp;&nbsp; **$544342958** | &nbsp;&nbsp; **$11810657** | &nbsp;&nbsp; **$574199803** |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Contracts†† | &nbsp;&nbsp; — | &nbsp;&nbsp; $32245 | &nbsp;&nbsp; — | &nbsp;&nbsp; $32245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Centrally Cleared Credit Default Swaps on Corporate Issues — <br> Sell Protection††<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 40277 | &nbsp;&nbsp; — | &nbsp;&nbsp; 40277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Centrally Cleared Credit Default Swaps on Corporate Issues — <br> Buy Protection††<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 21205 | &nbsp;&nbsp; — | &nbsp;&nbsp; 21205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Centrally Cleared Credit Default Swaps on Credit Indices — Buy <br> Protection††<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 2209 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2209 |
| **Total Other Financial Instruments** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$95936** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$95936** |
| **Total** | &nbsp;&nbsp; **$18046188** | &nbsp;&nbsp; **$544438894** | &nbsp;&nbsp; **$11810657** | &nbsp;&nbsp; **$574295739** |

---

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Contracts†† | &nbsp;&nbsp; — | &nbsp;&nbsp; $9404 | &nbsp;&nbsp; — | &nbsp;&nbsp; $9404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Centrally Cleared Credit Default Swaps on Corporate Issues — <br> Buy Protection††<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 29514 | &nbsp;&nbsp; — | &nbsp;&nbsp; 29514 |
| **Total** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$38918** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$38918** |

---

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

---

| | |
|:---|:---|
| † | See Schedule of Investments for additional detailed categorizations. |
| \* | Amount represents less than $1. |
| †† | Reflects the unrealized appreciation (depreciation) of the instruments. |

---

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value: <br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Investments in <br>Securities<br>| Balance <br>as of <br>July 31, 2025<br>| Accrued <br>premiums/ <br>discounts<br>| Realized <br>gain <br>(loss)<br>| Change in <br>unrealized <br>appreciation <br>(depreciation)<sup>1</sup> <br>| Purchases |
| **Corporate Bonds &** <br> **Notes:**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Energy | $2385297 | $5481 |  | $140334 | $223622 |
| &nbsp;&nbsp;&nbsp; Financials | 0<br> \*<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Health Care | 0<br> \*<br>|  | $3195 |  |  |
| **Senior Loans:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Communication <br> Services<br>| 1543831 | 1320 | 98 | (1476)<br>|  |
| &nbsp;&nbsp;&nbsp; Consumer <br> Discretionary<br>| 1442895 | 2019 | 1138 | (24027)<br>| 1731703 |
| &nbsp;&nbsp;&nbsp; Financials |  |  |  | 8500 | 673200 |
| &nbsp;&nbsp;&nbsp; Industrials |  | 741349 | (248498)<br>| (653298)<br>| 1343227 |
| &nbsp;&nbsp;&nbsp; Information <br> Technology<br>|  | 6807 | 368 | (339675)<br>| 1287000 |
| &nbsp;&nbsp;&nbsp; Materials | 858230 |  |  | (678248)<br>| 52164 |
| **Common Stocks:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Energy | 0<br> \*<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Information <br> Technology<br>|  |  |  | 31078 | 565046 |
| &nbsp;&nbsp;&nbsp; Materials | 23871 |  |  | (23871)<br>|  |
| **Total** | **$6254124** | **$756976** | **$(243699)**<br>| **$(1540683)**<br>| **$5875962** |

---

&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>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Investments in <br>Securities (cont'd)<br>| Sales | Transfers <br>into <br>Level 3<sup>2</sup> <br>| Transfers <br>out of <br>Level 3<br>| Balance <br>as of <br>April 30, 2026<br>| Net change <br>in unrealized <br>appreciation <br>(depreciation) for <br> investments <br>in securities <br>still held at <br>April 30, 2026<sup>1</sup> <br>|
| **Corporate Bonds &** <br> **Notes:**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Energy |  |  |  | $2754734 | $140334 |
| &nbsp;&nbsp;&nbsp; Financials |  |  |  | 0<br> \*<br>|  |
| &nbsp;&nbsp;&nbsp; Health Care | $(3195)<br>|  |  |  |  |
| **Senior Loans:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Communication <br> Services<br>| (11550)<br>|  |  | 1532223 | (1476)<br>|

---

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

Notes to Schedule of Investments (unaudited) (cont'd)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Investments in<br> Securities (cont'd)<br>| Sales | Transfers<br> into<br> Level 3<sup>2</sup><br>| Transfers<br> out of<br> Level 3<br>| Balance<br> as of<br> April 30, 2026<br>| Net change<br> in unrealized<br> appreciation<br> (depreciation) for <br> investments<br> in securities<br> still held at<br> April 30, 2026<sup>1</sup><br>|
| &nbsp;&nbsp;&nbsp; Consumer <br> Discretionary<br>| $(1430863)<br>|  |  | $1722865 | $(10304)<br>|
| &nbsp;&nbsp;&nbsp; Financials |  |  |  | 681700 | 8500 |
| &nbsp;&nbsp;&nbsp; Industrials | (486216)<br>|  |  | 696564 | (653298)<br>|
| &nbsp;&nbsp;&nbsp; Information <br> Technology<br>| (13400)<br>| $2653201 |  | 3594301 | (339675)<br>|
| &nbsp;&nbsp;&nbsp; Materials |  |  |  | 232146 | (678248)<br>|
| **Common Stocks:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Energy | (0)\*<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Information <br> Technology<br>|  |  |  | 596124 | 31078 |
| &nbsp;&nbsp;&nbsp; Materials |  |  |  | 0<br> \*<br>| (23871)<br>|
| **Total** | **$(1945224)**<br>| **$2653201** | **—** | **$11810657** | **$(1526960)**<br>|

---

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

\* Amount represents less than $1.

<sup>1</sup> Change in unrealized appreciation (depreciation) includes net unrealized appreciation (depreciation) resulting from changes in investment values during the reporting period and the reversal of previously recorded unrealized appreciation (depreciation) when gains or losses are realized. 

<sup>2</sup> Transferred into Level 3 as a result of the unavailability of a quoted price in an active market for an identical investment or the unavailability of other significant observable inputs in the valuation obtained from independent third party pricing services or broker/dealer quotations. 

**2. Transactions with affiliated company**

As defined by the 1940 Act, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The following company was considered an affiliated company for all or some portion of the period ended April 30, 2026. The following transactions were effected in such company for the period ended April 30, 2026. <br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Affiliate <br>Value at <br>&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;&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>July 31, <br>2025 | Purchased | Purchased | Sold | Sold |
|  | Affiliate <br>Value at <br>&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;&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>July 31, <br>2025 | Cost | Shares | Proceeds | Shares |
| Western Asset Premier <br> Institutional Government <br> Reserves, Premium <br> Shares<br>| $8810746 | $177928761 | 177928761 | $177135733 | 177135733 |

---

&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>

---

| | | | | |
|:---|:---|:---|:---|:---|
| (cont'd) | Realized <br>Gain (Loss)<br>| Dividend <br>Income<br>| Net Increase <br>(Decrease) in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Affiliate <br>Value at <br>April 30, <br>2026<br>|
| Western Asset Premier <br> Institutional Government <br> Reserves, Premium Shares<br>|  | $357000 |  | $9603774 |

---

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

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

**3. Restricted securities** 

The following Fund investments are restricted as to resale and, in the absence of readily ascertainable market values, are fair valued in accordance with procedures approved by the Board. <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Security | &nbsp;&nbsp; Number of <br>Shares/ <br>Warrants<br>| Acquisition <br>Date<br>| Cost | Fair Value <br>at 4/30/2026<br>| Value Per <br>Share/Warrant<br>| &nbsp;&nbsp; Percent of <br>Net Assets<br>|
| Spirit Airlines LLC, Common Shares | &nbsp;&nbsp; 466 | 3/25 | $5673 | $652 | &nbsp;&nbsp; $1.40 | 0.00 %<sup>(a)</sup><br>|
| Spirit Airlines LLC, Warrants | &nbsp;&nbsp; 57028 | 3/25 | 694222 | 79839 <br><sup>(b)</sup><br>| 1.40 | 0.01 |
| **Total** |  |  | **$699895** | **$80491** |  | **0.01%**<br>|

---

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

<sup>(a)</sup> Amount represents less than 0.005%.

<sup>(b)</sup> Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions that are exempt from registration, normally to qualified institutional buyers. This security has been deemed liquid pursuant to guidelines approved by the Board. 

------

Western Asset Short Duration High Income Fund 2026 Quarterly Report

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Legg Mason Partners Income Trust

- **b. Investment Company Act file number:** 811-04254

- **c. CIK number of Registrant:** 0000764624

- **d. LEI of Registrant:** 549300Y1U2UCLTK83X35

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

  - **Street Address 1:** One Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 1-877-656-3863

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

- **a. Name of Series:** Western Asset Short Duration High Income Fund

- **b. EDGAR series identifier (if any):** S000008975

- **c. LEI of Series:** 549300QVO0TT5WYOHA80

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $588287368.56

**Total Liabilities:** $19858400.25

**Net Assets:** $568428968.31

**Delayed Delivery Securities:** $5516965.21

**Cash Not Reported:** $2098372.45

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 302.60000000 | **1-Year:** 4034.72000000 | **5-Year:** 12854.07000000 | **10-Year:** 1617.40000000 | **30-Year:** 0.00000000

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

- **3-Month:** 1852.69000000 | **1-Year:** 54181.49000000 | **5-Year:** 66160.92000000 | **10-Year:** 797.29000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024383 | 0.35%                | -0.84%               | 1.46%                |
| Class ID C000024385 | 0.09%                | -0.69%               | 1.19%                |
| Class ID C000024386 | 0.37%                | -0.81%               | 1.48%                |
| Class ID C000071124 | 0.11%                | -0.88%               | 1.42%                |
| Class ID C000081534 | 0.31%                | -0.88%               | 1.39%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $577858.20               | $-2097910.57                               |
| Month 2  | $767408.73               | $-8484555.72                               |
| Month 3  | $243526.36               | $4300652.96                                |

**Designated Index Information**

- **Index Name:** Bloomberg US High Yield 1-5 Yr Cash Pay 2% Index

- **Index Identifier:** NA

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CITIBANK, NATIONAL ASSOCIATION                                                           | CAD/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $7907.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                                                             | NCLH 5.875 01/15/31 144A                                                                                | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   2760000 | PA      | $2687895.55   | 0.47%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FIVE POINT OPERATING COMPANY LP                                                          | FPH 8 10/01/30 144A                                                                                     | CUSIP: 33834YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2560000 | PA      | $2626744.32   | 0.46%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED PASS THROUGH CERTIFICATES                                         | SCRT 2020-1 M                                                                                           | CUSIP: 35563PPH6<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    874026 | PA      | $853562.36    | 0.15%             | 2059-08-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE BORROWER LLC / RIVERS ENTERPRISE FINANCE CORP                          | RIVENT 6.25 10/15/30 144A                                                                               | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1923541.83   | 0.34%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEW MOUNTAIN CLO 5 LTD                                                                   | NMC CLO-5A D1R                                                                                          | CUSIP: 64754WAQ6<br>LEI: 2549000KVE2J1UOHZ207 | Long             | ABS-CBDO         | CORP              | KY        |    710000 | PA      | $709752.07    | 0.12%             | 2036-07-20      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| EyeCare Partners LLC                                                                     | EYEPAR L 11/30/28 2                                                                                     | CUSIP: 30233PAT7<br>LEI: 254900ZAACWK09RJ8W93 | Long             | LON              | CORP              | US        |   1158847 | PA      | $522448.70    | 0.09%             | 2028-11-30      | Floating      | 8.34%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE LLC                                                             | ROCKIE 6.75 03/15/33 144A                                                                               | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    410000 | PA      | $427691.64    | 0.08%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                                                                  | ZIGGO 7.5 01/15/33 144A                                                                                 | CUSIP: 91845AAB1<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    700000 | PA      | $679039.90    | 0.12%             | 2033-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                                                                      | DBD 7.75 03/31/30 144A                                                                                  | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    780000 | PA      | $821312.97    | 0.14%             | 2030-03-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MICHAELS COMPANIES INC (THE)                                                             | MIK 11 03/15/34 144A                                                                                    | CUSIP: 59408QAA4<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   3670000 | PA      | $3545912.79   | 0.62%             | 2034-03-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                                                                        | CHRD 6 10/01/30 144A                                                                                    | CUSIP: 674215AQ1<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    970000 | PA      | $989112.88    | 0.17%             | 2030-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE TRUST                                                             | DHC 4.75 02/15/28                                                                                       | CUSIP: 81721MAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    430000 | PA      | $418503.18    | 0.07%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CITRIX SYSTEMS INC                                                                       | CTXS 4.5 12/01/27                                                                                       | CUSIP: 177376AE0<br>LEI: HCTKJGUQOPZ5NBK7NP58 | Long             | DBT              | CORP              | US        |   1790000 | PA      | $1710112.30   | 0.30%             | 2027-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                                                                            | LTH 6 11/15/31 144A                                                                                     | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1330538.18   | 0.23%             | 2031-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CORE SCIENTIFIC FINANCE I LLC                                                            | CORZ 7.75 05/15/31 144A                                                                                 | CUSIP: 21874LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3480000 | PA      | $3473141.62   | 0.61%             | 2031-05-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| OCEAN TRAILS CLO X                                                                       | OCTR 2020-10A DR2                                                                                       | CUSIP: 67516CBC2<br>LEI: 635400RMMLHBGDGXBC03 | Long             | ABS-CBDO         | CORP              | KY        |   1390000 | PA      | $1380585.39   | 0.24%             | 2034-10-16      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE LTD                                                                | MPEL 6.5 09/24/33 144A                                                                                  | CUSIP: 58547DAJ8<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |   1980000 | PA      | $1960486.55   | 0.34%             | 2033-09-24      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                          | PR 9.875 07/15/31 144A                                                                                  | CUSIP: 27034RAC7<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    646000 | PA      | $683763.87    | 0.12%             | 2031-07-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| SOTERA HEALTH HOLDINGS LLC                                                               | STENOR 7.375 06/01/31 144A                                                                              | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2497659.77   | 0.44%             | 2031-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WRANGLER HOLDCO CORP                                                                     | GFLCN 6.625 04/01/32 144A                                                                               | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $320046.48    | 0.06%             | 2032-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION BANK (THE)                                                              | TD V8.125 10/31/82                                                                                      | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   2300000 | PA      | $2393874.50   | 0.42%             | 2082-10-31      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Harbor Freight Tools USA Inc                                                             | Harbor Freight Term Loan B 250 2031-05-27                                                               | CUSIP: 41151PAR6<br>LEI: 549300Y48HLCFTTB4249 | Long             | LON              | CORP              | US        |    827893 | PA      | $827893.40    | 0.15%             | 2031-06-11      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| Knight Health Holdings LLC                                                               | Knight Health Holdings LLC                                                                              | CUSIP: 49902TAB8<br>LEI: 2549008OACTDEJGJC870 | Long             | LON              | CORP              | US        |    186224 | PA      | $128864.15    | 0.02%             | 2028-12-23      | Floating      | 9.02%                 | No            |                  2 | On Loan: No      |
| Arctic Canadian Diamond Company Ltd                                                      | ARCTIC CANADIAN DIAMONDS                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    913201 | PA      | $232146.10    | 0.04%             | 2026-06-30      | Floating      | 4.31%                 | No            |                  3 | On Loan: No      |
| Catawba Nation Gaming Authority                                                          | CATAWBA NATION GAMING AUTHORITY                                                                         | CUSIP: 14907EAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2730000 | PA      | $2749123.65   | 0.48%             | 2032-03-29      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTERNATIONAL                                                                | MGM 5.5 04/15/27                                                                                        | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1142221.86   | 0.20%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL FOUR US CLO IV LTD                                                               | C4US 2025-4A D1                                                                                         | CUSIP: 14016BAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    870000 | PA      | $879789.24    | 0.15%             | 2038-10-18      | Variable      | 6.93%                 | No            |                  2 | On Loan: No      |
| LHOME MTG TR 2025-RTL1                                                                   | LHOME 2025-RTL1 M1                                                                                      | CUSIP: 50205UAC5<br>LEI: 5299002NGIWITLMXOH85 | Long             | ABS-O            | CORP              | US        |    680000 | PA      | $687332.71    | 0.12%             | 2040-01-25      | Variable      | 7.02%                 | No            |                  2 | On Loan: No      |
| Diamond Sports Net, LLC                                                                  | DIAMOND SPORTS NET LLC                                                                                  | CUSIP: 25277EAB8<br>LEI: 549300MPO5H6LGX4RJ82 | Long             | LON              | CORP              | US        |   2082637 | PA      | $446277.85    | 0.08%             | 2028-01-02      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE COMPANY INC                  | FRTITA 4.625 01/15/29 144A                                                                              | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1461231.15   | 0.26%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VCI ASSET HOLDINGS 2 LLC                                                                 | Valor                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3030000 | PA      | $3136050.00   | 0.55%             | 2031-02-06      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                         | CSCHLD 11.75 01/31/29 144A                                                                              | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   3540000 | PA      | $2537160.13   | 0.45%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                                                    | QNTELE 5.75 08/15/32 144A                                                                               | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1223153.91   | 0.22%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Osmose Utilities Services Inc                                                            | Osmose Utilities Services Term Loan B 325 2028-05-31                                                    | CUSIP: 68835HAH3<br>LEI: 549300FSLVHLFZ3S0D82 | Long             | LON              | CORP              | US        |    957493 | PA      | $955698.18    | 0.17%             | 2028-06-23      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                               | FMCN 8.625 06/01/31 144A                                                                                | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   7310000 | PA      | $7631296.43   | 1.34%             | 2031-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Petco Health and Wellness Company Inc                                                    | Petco Animal Supplies Term Loan B 425 2031-01-11                                                        | CUSIP: 71601HAG1<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |   1240000 | PA      | $1234035.60   | 0.22%             | 2031-01-22      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| TITAN INTERNATIONAL INC                                                                  | TWI 7 04/30/28                                                                                          | CUSIP: 88830MAM4<br>LEI: 254900CXRGBE7C4B5A06 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1300001.56   | 0.23%             | 2028-04-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT CORP                                                             | FUN 8.625 01/15/32 144A                                                                                 | CUSIP: 83003AAA8<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    790000 | PA      | $803600.64    | 0.14%             | 2032-01-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                                                   | athenahealth Term Loan B 300 2029-02-01                                                                 | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |    847859 | PA      | $845891.91    | 0.15%             | 2029-02-15      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| VCI ASSET HOLDIN TL 3L                                                                   | VCI ASSET HOLDIN TL 3L                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1300000 | PA      | $1321023.94   | 0.23%             | 2031-04-09      | Fixed         | 6.88%                 | No            |                  3 | On Loan: No      |
| DREAM FINDERS HOMES INC                                                                  | DFH 6.875 09/15/30 144A                                                                                 | CUSIP: 26154DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1275937.36   | 0.22%             | 2030-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                                                      | HBMCN 6.125 04/01/29 144A                                                                               | CUSIP: 443628AH5<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |   2660000 | PA      | $2672267.92   | 0.47%             | 2029-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                               | FMCN 8 03/01/33 144A                                                                                    | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   3400000 | PA      | $3576766.00   | 0.63%             | 2033-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GRANITE RIDGE RESOURCES INC                                                              | GRNT 8.875 11/05/29                                                                                     | CUSIP: 387432AA5<br>LEI: 254900CAHJQKOQ1YZC67 | Long             | DBT              | CORP              | US        |   3110000 | PA      | $3047574.84   | 0.54%             | 2029-11-05      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| NYC COMMERCIAL MORTGAGE TRUST 2025-28L                                                   | NYC 2025-28L F                                                                                          | CUSIP: 67123JAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $599076.12    | 0.11%             | 2038-11-05      | Variable      | 8.40%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                             | CHTR 7 02/01/33 144A                                                                                    | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    770000 | PA      | $759622.91    | 0.13%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Dayforce Bidco, LLC                                                                      | Dayforce (Ceridian HCM) Term Loan B 300 2033-02-01                                                      | CUSIP: 23923YAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1630000 | PA      | $1541776.25   | 0.27%             | 2033-02-04      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Valor                                                                                    | Valor                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    565046 | NS      | $596123.53    | 0.10%             |  |  |  | No            |                  3 | On Loan: No      |
| LEGG MASON PARTNERS INSTITUTIONAL TRUST                                                  | LEGG MASON PARTNERS INSTITUTIONAL TRUST GVT RSEVS PRM                                                   | CUSIP: 52470G494<br>LEI: 549300WB3XRN9YTWFB76 | Long             | STIV             | RF                | US        |   8482185 | NS      | $8482184.64   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| AGL CLO 16 LTD                                                                           | AGL 2021-16A DR                                                                                         | CUSIP: 00120LAL2<br>LEI: 2549009GL17CEZFCKZ48 | Long             | ABS-CBDO         | CORP              | KY        |    240000 | PA      | $232168.30    | 0.04%             | 2035-01-22      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIA HOL RESTRICT                                                                 | SPIRIT AVIA HOL RESTRICT                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       466 | NS      | $652.40       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITAL FOUR US CLO I LTD                                                                | C4US 2021-1A DR                                                                                         | CUSIP: 14016TAS8<br>LEI: 549300NMXY8VXHO96C52 | Long             | ABS-CBDO         | CORP              | KY        |   1050000 | PA      | $1034419.16   | 0.18%             | 2035-01-18      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| DREAM FINDERS HOMES INC                                                                  | DFH 8.25 08/15/28 144A                                                                                  | CUSIP: 26154DAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2051446.00   | 0.36%             | 2028-08-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| RB GLOBAL HOLDINGS INC                                                                   | RBACN 6.75 03/15/28 144A                                                                                | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |   1330000 | PA      | $1349695.04   | 0.24%             | 2028-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                                                      | COIN 3.375 10/01/28 144A                                                                                | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1055387.08   | 0.19%             | 2028-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL / CONNECT US FINCO LLC                                                | ISATLN 9 09/15/29 144A                                                                                  | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1290000 | PA      | $1362158.73   | 0.24%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                                 | CE 6.5 04/15/30                                                                                         | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1228288.80   | 0.22%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                                        | HRI 7.25 06/15/33 144A                                                                                  | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    900000 | PA      | $943046.10    | 0.17%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2021-4 LTD                                                       | BCC 2021-4A D                                                                                           | CUSIP: 05685AAL2<br>LEI: 254900YJBP8866ZPO033 | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $377818.24    | 0.07%             | 2034-10-20      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| SANDSTONE PEAK III LTD                                                                   | SANDSTONE PEAK III LTD                                                                                  | CUSIP: 799928AY2<br>LEI: 2549005C0PJHMYEI7U38 | Long             | ABS-CBDO         | CORP              | KY        |    860000 | PA      | $861689.90    | 0.15%             | 2037-04-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL ISSUER TRUST                                                            | MIDCAP 6.5 05/01/28                                                                                     | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    920000 | PA      | $913303.50    | 0.16%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                                                         | ABEGET 11.25 02/21/30 144A                                                                              | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134110.50    | 0.02%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                                       | VIKCRU 9.125 07/15/31 144A                                                                              | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   2000000 | PA      | $2108254.00   | 0.37%             | 2031-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| VCI Asset Holdings 1 LLC                                                                 | VCI ASSET HOLDINGS 1 LLC                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3050000 | PA      | $3266839.75   | 0.57%             | 2030-11-20      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                                                         | WULF 7.75 10/15/30 144A                                                                                 | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1860000 | PA      | $1955994.92   | 0.34%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SALLY HOLDINGS LLC                                                                       | SBH 6.75 04/01/32                                                                                       | CUSIP: 79546VAQ9<br>LEI: 3GM3SMNQ8UJOJU9DFN26 | Long             | DBT              | CORP              | US        |    780000 | PA      | $804455.34    | 0.14%             | 2032-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIATION HOLDINGS INC                                                             | SPIRIT AVIATION HOLDINGS INC WT EXP                                                                     | CUSIP: 84863V135<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57028 | NS      | $79839.20     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC/ALLIED UNIVERSAL FINANCE CORP/ATLAS LUXCO 4 SARL             | UNSEAM 4.625 06/01/28 144a                                                                              | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1470000 | PA      | $1449188.03   | 0.25%             | 2028-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XXIV LTD                                                            | MDPK 2016-24A DR2                                                                                       | CUSIP: 55820NBC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    590000 | PA      | $591867.88    | 0.10%             | 2029-10-22      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HOLDINGS LTD                                                                 | GLOBAU 11.5 08/15/29 144A                                                                               | CUSIP: 00033YAA4<br>LEI: 984500ADEF1BB0584352 | Long             | DBT              | CORP              | GB        |   1440000 | PA      | $1463198.40   | 0.26%             | 2029-08-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| FIRSTCASH HOLDINGS INC                                                                   | FCFS 5.625 01/01/30 144A                                                                                | CUSIP: 31944TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2380000 | PA      | $2370005.90   | 0.42%             | 2030-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GATES CORP                                                                               | GTES 6.875 07/01/29 144A                                                                                | CUSIP: 367398AA2<br>LEI: 984500F43C791F4C7894 | Long             | DBT              | CORP              | US        |    680000 | PA      | $700391.55    | 0.12%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                              | STWD 6 04/15/30 144A                                                                                    | CUSIP: 85571BBC8<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1970000 | PA      | $1994294.04   | 0.35%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CO                                                                            | F 6.1 08/19/32                                                                                          | CUSIP: 345370DB3<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1019969.25   | 0.18%             | 2032-08-19      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                                            | CRWV 9 02/01/31 144A                                                                                    | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    220000 | PA      | $218880.10    | 0.04%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTSTAR LOTTERY PLC / BRIGHTSTAR GLOBAL SOLUTIONS CORP                                | BRSL 5.75 01/15/33 144A                                                                                 | CUSIP: 108922AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1150000 | PA      | $1128316.06   | 0.20%             | 2033-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                                | XYZ 5.625 08/15/30 144A                                                                                 | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1201888.80   | 0.21%             | 2030-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY SR INC                                                                      | ABR 7.875 07/15/30 144A                                                                                 | CUSIP: 03881NAJ6<br>LEI: 549300TW7RTL2CI3CN08 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $1096413.74   | 0.19%             | 2030-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| KATAYMA CLO II LTD                                                                       | KTAMA 2024-2A D                                                                                         | CUSIP: 485862AG1<br>LEI: 254900HW0KYG9AOGVP97 | Long             | ABS-CBDO         | CORP              | JE        |   1110000 | PA      | $1115306.36   | 0.20%             | 2037-04-20      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Black Diamond CLO Ltd                                                                    | Black Diamond CLO 2021-1 Ltd                                                                            | CUSIP: 09204WAM6<br>LEI: 549300IEWA7GZ3ECTT90 | Long             | ABS-CBDO         | CORP              | KY        |    990000 | PA      | $988275.22    | 0.17%             | 2034-11-22      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services Inc                                                  | Sedgwick CMS Term Loan B 250 2031-07-01                                                                 | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |    728166 | PA      | $723866.01    | 0.13%             | 2031-07-31      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                          | PR 5.875 07/01/29 144A                                                                                  | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3504378.50   | 0.62%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                                                                   | EQMSRM 9 05/15/28 144A                                                                                  | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    610000 | PA      | $633176.34    | 0.11%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                                                     | LifePoint Health Term Loan B 375 2031-05-01                                                             | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |    691076 | PA      | $689134.43    | 0.12%             | 2031-05-16      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                              | STWD 7.25 04/01/29 144A                                                                                 | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   2890000 | PA      | $2998398.12   | 0.53%             | 2029-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO IX LTD                                                                 | MVW 2015-9A CR                                                                                          | CUSIP: 62432BAU7<br>LEI: 549300URXZ1TS31FK720 | Long             | ABS-CBDO         | CORP              | KY        |    440000 | PA      | $442597.10    | 0.08%             | 2031-07-15      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| PPM CLO 8 LTD                                                                            | PPMC 2025-8A D1                                                                                         | CUSIP: 69382DAJ3<br>LEI: 254900DMFVRHGLYIFG95 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000497.90   | 0.18%             | 2038-04-20      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                                   | VENLNG 8.375 06/01/31 144A                                                                              | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5737072.00   | 1.01%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LUXCO3 DUMMY EQUITY                                                                      | LUXCO3 DUMMY EQUITY                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37255 | NS      | $770029.19    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| MVW 2021-1W LLC                                                                          | MVWOT 2021-1WA C                                                                                        | CUSIP: 55389TAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    145988 | PA      | $141690.97    | 0.02%             | 2041-01-22      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| ALLEN MEDIA LLC                                                                          | ALNMED 10.5 02/15/28 144A                                                                               | CUSIP: 01771YAA8<br>LEI: 549300ERNJNM4RN5JP79 | Long             | DBT              | CORP              | US        |   1730000 | PA      | $683350.00    | 0.12%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                    | AAL 7.25 02/15/28 144A                                                                                  | CUSIP: 023771T32<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    950000 | PA      | $963261.05    | 0.17%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                                                                        | CHRD 6.75 03/15/33 144A                                                                                 | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |   1970000 | PA      | $2050931.54   | 0.36%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                                        | HRI 7 06/15/30 144A                                                                                     | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    900000 | PA      | $936880.20    | 0.16%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Nexus Buyer LLC                                                                          | NEXUS BUYER LLC                                                                                         | CUSIP: 65343UAJ1<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    328350 | PA      | $323096.40    | 0.06%             | 2031-07-31      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                                                      | CAS 2020-R01 1B1                                                                                        | CUSIP: 20754CAF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    260000 | PA      | $263515.07    | 0.05%             | 2040-01-25      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                                                                   | EQMSRM 8.625 05/15/32 144A                                                                              | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3344717.25   | 0.59%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                                                             | NCLH 6.75 02/01/32 144A                                                                                 | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    410000 | PA      | $408334.87    | 0.07%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY LLC                                                                       | RYASPE 5.875 08/01/32 144A                                                                              | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    750000 | PA      | $750289.95    | 0.13%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO                                 | ARGENT 1 07/09/29                                                                                       | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     87094 | PA      | $77818.49     | 0.01%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                                       | SANTAN V9.625 PERP _                                                                                    | CUSIP: 05971KAQ2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   1200000 | PA      | $1428667.20   | 0.25%             | N/A             | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE LTD                                                                | MPEL 5.375 12/04/29 144A                                                                                | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $977567.44    | 0.17%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-8                                                        | VERUS 2023-8 B1                                                                                         | CUSIP: 92540DAE5<br>LEI: 213800DTJD5UKJR53O34 | Long             | ABS-O            | CORP              | US        |    930000 | PA      | $940947.12    | 0.17%             | 2068-12-25      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| OCEAN TRAILS CLO XII LTD                                                                 | OCTR 2022-12A D1R                                                                                       | CUSIP: 67515DBA5<br>LEI: 549300RF4JV7XJ3EV147 | Long             | ABS-CBDO         | CORP              | JE        |    550000 | PA      | $543622.31    | 0.10%             | 2035-07-20      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                            | DISH 7.75 07/01/26                                                                                      | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2327000 | PA      | $2320100.68   | 0.41%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VERICAST CORPORATION                                                                     | VERICAST CORP                                                                                           | CUSIP: 92342KAD1<br>LEI: 549300J73P7FL8TVF308 | Long             | LON              | CORP              | US        |     58251 | PA      | $57213.85     | 0.01%             | 2030-06-14      | Floating      | 11.50%                | No            |                  2 | On Loan: No      |
| EMPIRE COMMUNITIES CORP                                                                  | EMPRCC 9.75 05/01/29 144A                                                                               | CUSIP: 29163VAG8<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |   2520000 | PA      | $2571647.40   | 0.45%             | 2029-05-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                            | CCL 5.125 05/01/29 144A                                                                                 | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   5090000 | PA      | $5077391.56   | 0.89%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP / CLARIOS US FINANCE CO INC                                            | POWSOL 6.75 02/15/30 144A                                                                               | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3280000 | PA      | $3390240.80   | 0.60%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                                   | VENLNG 9.5 02/01/29 144A                                                                                | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1880000 | PA      | $2052587.76   | 0.36%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | EUR/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-65.19       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                     | Spirit Airlines, LLC Third DIP New Money TL                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    121244 | PA      | $118212.94    | 0.02%             | 2026-07-14      | Floating      | 11.67%                | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                                       | VIKCRU 7 02/15/29 144a                                                                                  | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   4500000 | PA      | $4514397.57   | 0.79%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FULL HOUSE RESORTS INC                                                                   | FLL 8.25 02/15/28 144A                                                                                  | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |   2770000 | PA      | $2632911.26   | 0.46%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                           | BBDBCN 7.5 02/01/29 144A                                                                                | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    370000 | PA      | $384620.18    | 0.07%             | 2029-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VERMILION ENERGY INC                                                                     | VETCN 6.875 05/01/30 144A                                                                               | CUSIP: 923725AD7<br>LEI: 8945009D1HGCJC8M8A68 | Long             | DBT              | RF                | CA        |   2000000 | PA      | $2021032.72   | 0.36%             | 2030-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ROCKET COMPANIES INC                                                                     | RKT 6.125 08/01/30 144A                                                                                 | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1319955.00   | 0.23%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| STONEX GROUP INC                                                                         | SNEX 7.875 03/01/31 144A                                                                                | CUSIP: 861896AA6<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |    910000 | PA      | $958765.08    | 0.17%             | 2031-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SMRT COMMERCIAL MORTGAGE TRUST 2022-MINI                                                 | SMRT 2022-MINI F                                                                                        | CUSIP: 78457JAQ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2050000 | PA      | $2011056.15   | 0.35%             | 2039-01-18      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                                                                 | VMED 5 07/15/30 144A                                                                                    | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $337514.44    | 0.06%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                     | Spirit Contingent TL                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    579917 | PA      | $11598.34     | 0.00%             | 2026-07-14      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                                  | MRP 6.25 09/15/32 144A                                                                                  | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    570000 | PA      | $572944.83    | 0.10%             | 2032-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AMC GLOBAL MEDIA INC                                                                     | AMCX 10.5 07/15/32 144A                                                                                 | CUSIP: 00164VAK9<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    550000 | PA      | $567346.49    | 0.10%             | 2032-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP                                                             | MPW 5 10/15/27                                                                                          | CUSIP: 55342UAH7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |    950000 | PA      | $926844.74    | 0.16%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                             | CHTR 4.5 05/01/32                                                                                       | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2636302.80   | 0.46%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO LTD                                                                      | NSANY 4.81 09/17/30 144A                                                                                | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   1970000 | PA      | $1841594.08   | 0.32%             | 2030-09-17      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                         | CYH 4.75 02/15/31 144A                                                                                  | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   4480000 | PA      | $4194602.94   | 0.74%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp                                                                | Gainwell Technologies (fka Milano Acqusition/DXC State & Local HHS) First-lien Term Loan 400 2027-08-03 | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1440325 | PA      | $1418424.87   | 0.25%             | 2027-10-01      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                                   | WCC 5.25 04/15/31 144A                                                                                  | CUSIP: 95081QAT1<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2003754.38   | 0.35%             | 2031-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BALBOA BAY LOAN FUNDING 2023-2 LTD                                                       | BOBA 2023-2A ER                                                                                         | CUSIP: 05766MAE4<br>LEI: 549300AVUGQW27DUWV37 | Long             | ABS-CBDO         | CORP              | KY        |    720000 | PA      | $717362.86    | 0.13%             | 2036-10-20      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                            | STACR 2026-DNA2 B1                                                                                      | CUSIP: 35564UEP8<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    380000 | PA      | $383569.26    | 0.07%             | 2046-03-26      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| RR 18 LTD                                                                                | RRAM 2021-18A DR                                                                                        | CUSIP: 749737AJ1<br>LEI: 54930003V8ISBLDELD80 | Long             | ABS-CBDO         | CORP              | KY        |   1040000 | PA      | $1028497.60   | 0.18%             | 2040-07-16      | Variable      | 9.14%                 | No            |                  2 | On Loan: No      |
| THE MICHAELS COMPANIES, INC.                                                             | Michaels Stores Term Loan B 500 2033-02-09                                                              | CUSIP: 59408UAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1300000 | PA      | $1288761.50   | 0.23%             | 2033-03-15      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                                      | AXON 6.125 03/15/30 144A                                                                                | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    490000 | PA      | $502257.79    | 0.09%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Marble Point CLO XXIII Ltd.                                                              | Marble Point CLO XXIII Ltd                                                                              | CUSIP: 56607TBA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1247532.50   | 0.22%             | 2035-01-22      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                           | NRG 5.875 05/15/34 144A                                                                                 | CUSIP: 629377DF6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1445443.26   | 0.25%             | 2034-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ABC TECHNOLOGIES INC                                                                     | ABC TECHNOLOGIES INC/CANADA                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1789823 | PA      | $1722865.29   | 0.30%             | 2031-09-08      | Floating      | 0.01%                 | No            |                  3 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                                  | MRP 6.375 08/01/30 144A                                                                                 | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1976332.80   | 0.35%             | 2030-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA FINANCE PLC                                                               | VSTJET 6.375 02/01/30 144A                                                                              | CUSIP: 92840JAB5<br>LEI: 5299001UK94VGT0CPQ36 | Long             | DBT              | CORP              | MT        |   3360000 | PA      | $3149629.39   | 0.55%             | 2030-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                                                  | TLN 6.375 05/01/33 144A                                                                                 | CUSIP: 87422VAP3<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1192125.88   | 0.21%             | 2033-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                         | CYH 6.875 04/15/29 144A                                                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1220000 | PA      | $1201007.28   | 0.21%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Pye Barker Fire & Safety LLC                                                             | PYFISA L 12/16/32 2                                                                                     | CUSIP: 69380SAC7<br>LEI: 254900K8RDMGUBC44870 | Long             | LON              | CORP              | US        |     97500 | PA      | $98010.41     | 0.02%             | 2032-12-16      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| DRYDEN 113 CLO LTD                                                                       | DRSLF 2022-113A D1R3                                                                                    | CUSIP: 26253EBR8<br>LEI: 254900XN9Y85HJGYJ219 | Long             | ABS-CBDO         | CORP              | JE        |    870000 | PA      | $872113.14    | 0.15%             | 2037-10-15      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                                            | BLD 4.125 02/15/32 144A                                                                                 | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1400946.54   | 0.25%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TEAM SERVICES HOLDING, INC                                                               | TEAM Services Term Loan B 525 2033-01-21                                                                | CUSIP: 87821RAB0<br>LEI: 254900SLCOEZGQJACP02 | Long             | LON              | CORP              | US        |   1330000 | PA      | $1291483.20   | 0.23%             | 2033-03-31      | Floating      | 8.95%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                           | BBDBCN 8.75 11/15/30 144A                                                                               | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4251860.00   | 0.75%             | 2030-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| OFSI BSL CLO XI LTD                                                                      | OFSBS 2022-11A D1RR                                                                                     | CUSIP: 67115PBN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    950000 | PA      | $941614.16    | 0.17%             | 2038-03-31      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                           | NRG 5.75 01/15/34 144A                                                                                  | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   2740000 | PA      | $2721347.45   | 0.48%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                                     | NLSN 10.375 05/15/31 144A                                                                               | CUSIP: 640695AC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   2680000 | PA      | $2767665.48   | 0.49%             | 2031-05-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Oak-Eagle Acquireco, Inc.                                                                | Electronic Arts Term Loan B 350 2033-03-14                                                              | CUSIP: 67123SAB5<br>LEI: 6488ICS9P20290MA1H31 | Long             | LON              | CORP              | US        |   1610000 | PA      | $1612415.00   | 0.28%             | 2033-03-24      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| APEX CREDIT CLO 2019-II LTD                                                              | APEXC 2019-2A D1NR                                                                                      | CUSIP: 03755CBJ2<br>LEI: 549300OKB854VBBC1981 | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1075660.74   | 0.19%             | 2038-01-25      | Variable      | 7.17%                 | No            |                  2 | On Loan: No      |
| Blackhawk Network Holdings Inc.                                                          | Blackhawk Network Holdings Term Loan B 350 2029-03-01                                                   | CUSIP: 09238FAN1<br>LEI: 549300LFU3K8UIR03132 | Long             | LON              | CORP              | US        |    894155 | PA      | $887291.89    | 0.16%             | 2029-03-12      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING 2021-I LTD                                                                  | CIFC 2021-1A D1R                                                                                        | CUSIP: 12563EAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501022.80    | 0.09%             | 2037-07-27      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                                  | NXST 6.5 09/15/33 144A                                                                                  | CUSIP: 65346UAB5<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1603262.19   | 0.28%             | 2033-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Pye Barker Fire & Safety LLC                                                             | Pye-Barker Fire & Safety Term Loan B 250 2032-11-29                                                     | CUSIP: 69380SAB9<br>LEI: 254900K8RDMGUBC44870 | Long             | LON              | CORP              | US        |    652500 | PA      | $655915.84    | 0.12%             | 2032-12-16      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| CLOVER CLO 2021-3 LLC                                                                    | CLVR 2021-3A DR                                                                                         | CUSIP: 18915FAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    610000 | PA      | $601591.21    | 0.11%             | 2035-01-25      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| US RENAL CARE INC                                                                        | USRENA 10.625 06/28/28 144a                                                                             | CUSIP: 90355YAA5<br>LEI: 54930058SS5MF69JGN89 | Long             | DBT              | CORP              | US        |    693000 | PA      | $578655.00    | 0.10%             | 2028-06-28      | Fixed         | 10.62%                | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                                                      | AVTR 3.875 11/01/29 144A                                                                                | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1997456.58   | 0.35%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PM GENERAL PURCHASER LLC                                                                 | AMGENE 9.5 10/01/28 144A                                                                                | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7720000 | PA      | $7198900.00   | 1.27%             | 2028-10-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE LLC                                                              | CRGYFN 7.625 04/01/32 144A                                                                              | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3090651.00   | 0.54%             | 2032-04-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                                                                  | UKG Term Loan B 350 2031-01-20                                                                          | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   1286767 | PA      | $1243827.51   | 0.22%             | 2031-02-10      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| AMERIQUEST MORTGAGE SECURITIES INC ASSET BACKED PASS-THROUGH CERTIFICATES SERIES 2005-R7 | AMSI 2002-C M1                                                                                          | CUSIP: 03072SDF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    625447 | PA      | $669765.08    | 0.12%             | 2032-11-25      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                                                          | MADIAQ 4.125 06/30/28 144A                                                                              | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296052.27    | 0.05%             | 2028-06-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                                        | HRI 6 03/15/34 144A                                                                                     | CUSIP: 42704LAK0<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    640000 | PA      | $635267.46    | 0.11%             | 2034-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WW International Inc                                                                     | WW INTERNATIONAL INC                                                                                    | CUSIP: 92941PAE3<br>LEI: SGT8R1MU6ESIC7UJC518 | Long             | LON              | CORP              | US        |   1700000 | PA      | $1143487.91   | 0.20%             | 2030-06-24      | Floating      | 10.51%                | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                                                         | ABEGET 10.5 11/15/30 144A                                                                               | CUSIP: 374276AR4<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    810000 | PA      | $718731.06    | 0.13%             | 2030-11-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                                   | VENLNG 7 01/15/30 144A                                                                                  | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $1193736.28   | 0.21%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MCCLATCHY MEDIA CO LLC                                                                   | MCLTCH 11 12/01/31 144A                                                                                 | CUSIP: 00456LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3523515 | PA      | $4025616.10   | 0.71%             | 2031-12-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                            | DISH 5.25 12/01/26 144A                                                                                 | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1340000 | PA      | $1328281.57   | 0.23%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SPDR SERIES TRUST                                                                        | SPDR SERIES TRUST STATE STREET SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF                            | CUSIP: 78468R408<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    192650 | NS      | $4856706.50   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| ECHOSTAR CORP                                                                            | SATS 6.75 11/30/30                                                                                      | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    517020 | PA      | $525223.56    | 0.09%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                                 | CE 7 02/15/31                                                                                           | CUSIP: 15089QBC7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    310000 | PA      | $322766.73    | 0.06%             | 2031-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                            | CCL 5.875 06/15/31 144A                                                                                 | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    250000 | PA      | $253693.50    | 0.04%             | 2031-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES HOLDINGS INC                                                             | UAL 5.375 03/01/31                                                                                      | CUSIP: 910047AL3<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |   1490000 | PA      | $1470427.18   | 0.26%             | 2031-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                                 | TIBX 9 09/30/29 144A                                                                                    | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1990000 | PA      | $1955603.13   | 0.34%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| DCert Buyer Inc                                                                          | DigiCert Second-lien Term Loan 700 2029-02-02                                                           | CUSIP: 24022KAJ8<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |   1450000 | PA      | $1138250.00   | 0.20%             | 2029-02-19      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                          | GEN 6.75 09/30/27 144A                                                                                  | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1135451.12   | 0.20%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA5                                                  | STACR 2021-DNA5 M2                                                                                      | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-O            | USGSE             | US        |     26485 | PA      | $26553.48     | 0.00%             | 2034-01-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I LP / HILCORP FINANCE CO                                                 | HILCRP 6 04/15/30 144A                                                                                  | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1345416.48   | 0.24%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                            | DISH 5.75 12/01/28 144A                                                                                 | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1179900.24   | 0.21%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                           | TEVA 7.875 09/15/29                                                                                     | CUSIP: 88167AAS0<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   2540000 | PA      | $2741246.74   | 0.48%             | 2029-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ESAB CORP                                                                                | ESAB 6.25 04/15/29 144A                                                                                 | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |   2210000 | PA      | $2241952.18   | 0.39%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                     | Spirit Airlines, LLC Second DIP New Money Delayed TL                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     61388 | PA      | $59853.67     | 0.01%             | 2026-07-14      | Floating      | 11.67%                | No            |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP                                                     | LADR 4.75 06/15/29 144A                                                                                 | CUSIP: 505742AP1<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |   2710000 | PA      | $2655028.73   | 0.47%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CARRIAGE PURCHASER INC                                                                   | PSLOGI 7.875 10/15/29 144A                                                                              | CUSIP: 14445LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2610000 | PA      | $2537966.09   | 0.45%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                            | SATS 3.875 11/30/30                                                                                     | CUSIP: 278768AB2<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    131066 | PA      | $492069.82    | 0.09%             | 2030-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORP                                                                        | VRT 4.125 11/15/28 144A                                                                                 | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1878403.84   | 0.33%             | 2028-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                             | UVN 8.875 04/15/33 144A                                                                                 | CUSIP: 914906BB7<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    610000 | PA      | $613779.23    | 0.11%             | 2033-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA) INC                                                       | URI 6 12/15/29 144A                                                                                     | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2544367.50   | 0.45%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GEE AUTOMOTIVE HOLDINGS LLC                                                              | GEEATO 7.25 03/01/31 144A                                                                               | CUSIP: 36846VAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1729971.00   | 0.30%             | 2031-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                          | GEN 7.125 09/30/30 144A                                                                                 | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    210000 | PA      | $213138.24    | 0.04%             | 2030-09-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                         | CSCHLD 5 11/15/31 144A                                                                                  | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    640000 | PA      | $229436.53    | 0.04%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC                                                                    | Jane Street Group Term Loan B 200 2031-12-01                                                            | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |   1545921 | PA      | $1545148.09   | 0.27%             | 2031-12-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                                    | THC 5.5 11/15/32 144A                                                                                   | CUSIP: 88033GDW7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   3490000 | PA      | $3482878.66   | 0.61%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COMMUNITY HEALTH SYSTEMS INC                                                             | CYH 10.875 01/15/32 144A                                                                                | CUSIP: 12543DBN9<br>LEI: 549300BQWM4WENQ3YW73 | Long             | DBT              | CORP              | US        |   3862000 | PA      | $4152573.02   | 0.73%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| BX TRUST 2019-IMC                                                                        | BX 2019-IMC F                                                                                           | CUSIP: 05608BAQ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2450000 | PA      | $2426627.00   | 0.43%             | 2034-04-17      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| TEAM SERVICES HOLDING INC                                                                | TEAPUB 9 02/15/33 144A                                                                                  | CUSIP: 87821TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1211282.60   | 0.21%             | 2033-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                            | SATS 10.75 11/30/29 .                                                                                   | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   6273000 | PA      | $6814876.86   | 1.20%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| CB Poly US Holdings Inc                                                                  | Polyconcept Term Loan B 550 2029-04-25                                                                  | CUSIP: 12511PAB7<br>LEI: 549300WD5JEKCROPPM83 | Long             | LON              | CORP              | US        |   1563300 | PA      | $1438236.00   | 0.25%             | 2029-05-18      | Floating      | 9.20%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                                      | ACRISU 6.75 07/01/32 144A                                                                               | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $463371.50    | 0.08%             | 2032-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                            | CCL 6.125 02/15/33 144A                                                                                 | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    140000 | PA      | $142129.34    | 0.03%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| OHA CREDIT FUNDING 11 LTD                                                                | OAKC 2022-11A D1R                                                                                       | CUSIP: 67115VAW2<br>LEI: 2549002MG7GTTY5LHR97 | Long             | ABS-CBDO         | CORP              | BM        |    710000 | PA      | $711733.61    | 0.13%             | 2037-07-20      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| MEDICAL PROPERTIES TRUST INC                                                             | MPW 4.625 08/01/29                                                                                      | CUSIP: 55342UAJ3<br>LEI: 254900U6E39J1MQCCY14 | Long             | DBT              | CORP              | US        |   3366000 | PA      | $2787750.48   | 0.49%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                                       | CCO 7.125 02/15/31 144A                                                                                 | CUSIP: 18453HAG1<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1123515.36   | 0.20%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                                 | TIBX 8.25 06/30/32 144A                                                                                 | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1370000 | PA      | $1302517.61   | 0.23%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HOLDINGS LTD                                                                 | GLOBAU 8.375 01/15/29 144A                                                                              | CUSIP: 00033GAA3<br>LEI: 984500ADEF1BB0584352 | Long             | DBT              | CORP              | GB        |   2500000 | PA      | $2385900.00   | 0.42%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                                                                 | SFRFP 9.5 11/01/29 144A                                                                                 | CUSIP: 02090DAA6<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |    653226 | PA      | $667205.04    | 0.12%             | 2029-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                           | BBDBCN 7.25 07/01/31 144A                                                                               | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   2200000 | PA      | $2317565.80   | 0.41%             | 2031-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP                                                             | AM 5.75 10/15/33 144A                                                                                   | CUSIP: 03690AAM8<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1268218.95   | 0.22%             | 2033-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS CORP                                                                          | NCRATL 9.5 04/01/29 144A                                                                                | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1436956.20   | 0.25%             | 2029-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                                       | VEGLPL 6.125 12/15/30 144A                                                                              | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    810000 | PA      | $835711.83    | 0.15%             | 2030-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| DISCOVERY GLOBAL HOLDINGS INC                                                            | WBD 4.279 03/15/32 *                                                                                    | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   4035000 | PA      | $3659664.30   | 0.64%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC (THE)                                                                      | GEO 10.25 04/15/31                                                                                      | CUSIP: 36162JAH9<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4724603.58   | 0.83%             | 2031-04-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING 2024-3 L                                                      | PSTAT 2024-3A CR                                                                                        | CUSIP: 69690EAQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $727361.78    | 0.13%             | 2032-08-08      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECHNOLOGY PTE LTD                                                  | STX 5.875 07/15/30 144A                                                                                 | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    630000 | PA      | $644129.01    | 0.11%             | 2030-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TUTOR PERINI CORP                                                                        | TPC 11.875 04/30/29 144A                                                                                | CUSIP: 901109AG3<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | DBT              | CORP              | US        |   2210000 | PA      | $2411233.76   | 0.42%             | 2029-04-30      | Fixed         | 11.88%                | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                             | CHTR 4.75 02/01/32 144A                                                                                 | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4480750.00   | 0.79%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                                     | BAC V5.875 PERP FF                                                                                      | CUSIP: 060505FL3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    690000 | PA      | $692785.53    | 0.12%             | N/A             | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TALLGRASS ENERGY PARTNERS LP                                                             | TEP 7.375 02/15/29 144A                                                                                 | CUSIP: 87470LAL5<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |    570000 | PA      | $587522.94    | 0.10%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CEDR COMMERCIAL MORTGAGE TRUST 2022-SNAI                                                 | CEDR 2022-SNAI D                                                                                        | CUSIP: 12524AAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1800000 | PA      | $1760493.24   | 0.31%             | 2039-02-15      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                                        | SFRFP 6.875 10/15/30 144A                                                                               | CUSIP: 02090DAB4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   2035063 | PA      | $2002132.63   | 0.35%             | 2030-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                          | CDS AMERICAN AIRLINES GROUP                                                                             | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $4666.99      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| 720 EAST CLO VII LTD                                                                     | NWML 2025-7A E                                                                                          | CUSIP: 81789NAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1240000 | PA      | $1221336.39   | 0.21%             | 2037-04-20      | Floating      | 8.43%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                                 | WYNFIN 5.125 10/01/29 144A                                                                              | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2286002.68   | 0.40%             | 2029-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | CAS 2022-R05 2B2                                                                                        | CUSIP: 20754DAJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    930000 | PA      | $979948.07    | 0.17%             | 2042-04-25      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MANUFACTURING INC                                                        | AXL 5 10/01/29                                                                                          | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2916873.66   | 0.51%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ZF NORTH AMERICA CAPITAL INC                                                             | ZFFNGR 7.125 04/14/30 REGS                                                                              | CUSIP: 000000000<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200652.20    | 0.04%             | 2030-04-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                            | TDG 7.125 12/01/31 144A                                                                                 | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    700000 | PA      | $726264.00    | 0.13%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST                                                                     | LHOME 2024-RTL4 M1                                                                                      | CUSIP: 50205PAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1211628.00   | 0.21%             | 2039-07-25      | Variable      | 7.79%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                                    | GFLCN 6.75 01/15/31 144A                                                                                | CUSIP: 36168QAQ7<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |   2300000 | PA      | $2387478.20   | 0.42%             | 2031-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                                                   | TRICGR L 06/29/26 1                                                                                     | CUSIP: 31935HAM9<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |    278629 | PA      | $68874.35     | 0.01%             | 2026-06-29      | Floating      | 13.66%                | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC                                 | DTV 8.875 02/01/30 144a                                                                                 | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1970000 | PA      | $2008852.34   | 0.35%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Learfield Communications LLC                                                             | Learfield Communications Term Loan B 500 2028-06-01                                                     | CUSIP: 00165HAL7<br>LEI: 549300177GK4LMS8T214 | Long             | LON              | CORP              | US        |   1251360 | PA      | $1256521.86   | 0.22%             | 2028-06-30      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                    | AAL 5.75 04/20/29 144A                                                                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1290000 | PA      | $1291817.74   | 0.23%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LRS Holdings LLC                                                                         | Lakeshore Recycling Systems Term Loan B 425 2028-08-01                                                  | CUSIP: 50205HAC4<br>LEI: 2549000MQSLNQZB32779 | Long             | LON              | CORP              | US        |   1122774 | PA      | $1112949.65   | 0.20%             | 2028-08-31      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                                     | LVS 5.625 06/15/28                                                                                      | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152212.56    | 0.03%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MANUFACTURING INC                                                        | AXL 6.375 10/15/32 144A                                                                                 | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |   2080000 | PA      | $2077250.24   | 0.37%             | 2032-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                            | TDG 6.375 03/01/29 144A                                                                                 | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    130000 | PA      | $132756.65    | 0.02%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| J.B. POINDEXTER & CO. INC                                                                | JBPOIN 8.75 12/15/31 144A                                                                               | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2697481.80   | 0.47%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                                                                        | DISH 11.75 11/15/27 144A                                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1704441.75   | 0.30%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                                             | HESM 4.25 02/15/30 144A                                                                                 | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $155259.54    | 0.03%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines Contingent                                                               | SPIRIT FUNDED ROLL UP TL                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1522147 | PA      | $684966.08    | 0.12%             | 2026-07-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                                        | SFRFP 6.5 04/15/32 144A                                                                                 | CUSIP: 02090DAD0<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    871159 | PA      | $857321.68    | 0.15%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                           | TEVA 4.75 05/09/27                                                                                      | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   2779000 | PA      | $2777963.71   | 0.49%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DGWD TRUST 2025-INFL                                                                     | DGWD 2025-INFL E                                                                                        | CUSIP: 23347FAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $499922.45    | 0.09%             | 2035-08-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| Spencer Spirit IH LLC                                                                    | Spencer Spirit Term Loan B 475 2031-07-01                                                               | CUSIP: 84823UAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1200159 | PA      | $1203159.25   | 0.21%             | 2031-07-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| JAMESTOWN CLO IX LTD                                                                     | JTWN 2016-9A CR3                                                                                        | CUSIP: 47048JBK8<br>LEI: 254900NFTK4YH0WYT485 | Long             | ABS-CBDO         | CORP              | KY        |    710000 | PA      | $705497.68    | 0.12%             | 2034-07-25      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Magenta Security Holdings LLC                                                            | MAGBUY L 07/27/28 6                                                                                     | CUSIP: 55909UAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     52657 | PA      | $37754.95     | 0.01%             | 2028-07-27      | Floating      | 10.67%                | No            |                  2 | On Loan: No      |
| BLUE RACER MIDSTREAM LLC                                                                 | BLURAC 7.25 07/15/32 144A                                                                               | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    761000 | PA      | $796512.83    | 0.14%             | 2032-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PETCO HEALTH AND WELLNESS COMPANY INC                                                    | WOOF 8.25 02/01/31 144A                                                                                 | CUSIP: 71601VAA3<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |   3230000 | PA      | $3263919.13   | 0.57%             | 2031-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST SERIES 2005-5N                                                           | SASC 2005-SC1 1A2                                                                                       | CUSIP: 86359DTG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    815924 | PA      | $570514.99    | 0.10%             | 2031-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE 2019 INC / CSL CAP LLC                              | UNIT 8.625 06/15/32 Feb                                                                                 | CUSIP: 91327CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $418941.78    | 0.07%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2019-R05                                             | CAS 2019-R05 1B1                                                                                        | CUSIP: 20754HAD0<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    794648 | PA      | $799910.64    | 0.14%             | 2039-07-25      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| ACADEMY LTD                                                                              | ACALTD 6 11/15/27 144A                                                                                  | CUSIP: 00401YAA8<br>LEI: 549300BN53IR80C35Z14 | Long             | DBT              | CORP              | US        |    440000 | PA      | $440318.56    | 0.08%             | 2027-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MERIDIAN ARC HOLDCO LLC                                                                  | MERIDI 6.25 04/30/31 144A                                                                               | CUSIP: 58990CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2620000 | PA      | $2620621.96   | 0.46%             | 2031-04-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARCTIC CANADIAN DIAMONDS                                                                 | ARCTIC CANADIAN DIAMONDS                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |       871 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                                        | VENTGL 3.875 11/01/33 144A                                                                              | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1507012.04   | 0.27%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                                 | TIBX 6.625 08/15/33 144A                                                                                | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    880000 | PA      | $788935.70    | 0.14%             | 2033-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ISHARES TRUST                                                                            | ISHARES TRUST 0-5YR HI YL CP                                                                            | CUSIP: 46434V407<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     81400 | NS      | $3473338.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST 2014-GC18                                                   | GSMS 2014-GC24 B                                                                                        | CUSIP: 36253GAK8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    859385 | PA      | $832198.50    | 0.15%             | 2047-09-12      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA5                                                  | STACR 2021-DNA5 B1                                                                                      | CUSIP: 35564KJA8<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-O            | USGSE             | US        |    790000 | PA      | $842075.38    | 0.15%             | 2034-01-25      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| VOC ESCROW LTD                                                                           | VIKCRU 5 02/15/28 144A                                                                                  | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $249807.13    | 0.04%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP                                                             | MPW 3.692 06/05/28                                                                                      | CUSIP: 55342UAL8<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |    290000 | PA      | $343460.03    | 0.06%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| SIMMONS FOODS INC                                                                        | SIMFOO 4.625 03/01/29 144A                                                                              | CUSIP: 82873MAA1<br>LEI: 5493002Z1TVWRIL6NM97 | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1313077.82   | 0.23%             | 2029-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                           | TEVA 8.125 09/15/31                                                                                     | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $1129189.00   | 0.20%             | 2031-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| WBI OPERATIONS LLC                                                                       | WBI 6.25 10/15/30 144A                                                                                  | CUSIP: 92944BAA9<br>LEI: 254900A83461EGRMOV11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014455.00   | 0.18%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Nexus Buyer LLC                                                                          | NEXUS BUYER LLC                                                                                         | CUSIP: 65343UAH5<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |   1960262 | PA      | $1925761.19   | 0.34%             | 2031-07-31      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                                     | RGCARE 7 05/01/34 144A                                                                                  | CUSIP: 53219LBA6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    990000 | PA      | $966400.36    | 0.17%             | 2034-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                             | CHTR 4.5 08/15/30 144A                                                                                  | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1493272.19   | 0.26%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                                        | SFRFP 10 01/15/33 144A                                                                                  | CUSIP: 020956AA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $494916.39    | 0.09%             | 2033-01-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| SV RNO PROPERTY OWNER 1 LLC                                                              | TRACTC 5.875 03/01/31 144A                                                                              | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3630000 | PA      | $3563929.24   | 0.63%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARC FALCON I INC                                                                         | NEWARC 9.75 03/01/33 144A                                                                               | CUSIP: 03881HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2870000 | PA      | $2816244.90   | 0.50%             | 2033-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS IV BV                                            | TEVA 5.75 12/01/30                                                                                      | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |    830000 | PA      | $852400.87    | 0.15%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                                    | JANEST 6.75 05/01/33 144A                                                                               | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61671.06     | 0.01%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| APIDOS CLO XXX LTD                                                                       | APID XXXA CR                                                                                            | CUSIP: 03768CAW9<br>LEI: 2549001XBZ4DU4T7EC48 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $752548.95    | 0.13%             | 2031-10-20      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| APOLLO COMMERCIAL REAL ESTATE FINANCE INC                                                | ARI 4.625 06/15/29 144A                                                                                 | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |    270000 | PA      | $270098.63    | 0.05%             | 2029-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PARK OHIO INDUSTRIES INC                                                                 | PKOH 8.5 08/01/30 144A                                                                                  | CUSIP: 700677AS6<br>LEI: 5493006LQUO5SLMNYM18 | Long             | DBT              | CORP              | US        |   1760000 | PA      | $1833288.16   | 0.32%             | 2030-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Thermostat Purchaser III Inc                                                             | THERMOSTAT PURCHASER III INC                                                                            | CUSIP: 88366MAE4<br>LEI: 254900K7OD47ERJZN242 | Long             | LON              | CORP              | US        |   1877052 | PA      | $1845377.01   | 0.32%             | 2028-08-31      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| APH/APH2/APH3 SOMERSET INVESTOR 2 LLC / AQUARIAN INSURANCE HOLDINGS LLC                  | AQUARI 7.875 11/01/29 144A                                                                              | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2440000 | PA      | $2364091.60   | 0.42%             | 2029-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2020-3 LTD                                                                      | VOYA 2020-3A D1RR                                                                                       | CUSIP: 92918NBE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    550000 | PA      | $547676.75    | 0.10%             | 2038-01-20      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                                     | LVS 6 06/14/30                                                                                          | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $1072501.57   | 0.19%             | 2030-06-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AAR CORP                                                                                 | AIR 6.75 03/15/29 144A                                                                                  | CUSIP: 00253PAA6<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1999913.02   | 0.35%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                     | Spirit Airlines, LLC DIP New Money Term Loan 10/25                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    247527 | PA      | $241338.64    | 0.04%             | 2040-01-02      | Floating      | 11.67%                | No            |                  2 | On Loan: No      |
| GREYWOLF CLO IV LTD                                                                      | GWOLF 2019-1A CR2                                                                                       | CUSIP: 39809TBC0<br>LEI: 5493008JNE27URH1VF66 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $495178.50    | 0.09%             | 2034-04-17      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Starlight Parent LLC                                                                     | STARLIGHT PARENT LLC                                                                                    | CUSIP: 85554UAB0<br>LEI: 254900ZM34IBOK68V949 | Long             | LON              | CORP              | US        |   2666600 | PA      | $2273276.50   | 0.40%             | 2032-04-16      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP                                                              | GSAA 2006-5 2A3                                                                                         | CUSIP: 362334GT5<br>LEI: CU46ESEFJB81SUVBJO28 | Long             | ABS-O            | CORP              | US        |   1465567 | PA      | $661069.10    | 0.12%             | 2036-03-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                            | C V7.2 PERP BB                                                                                          | CUSIP: 172967PJ4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1327040.00   | 0.23%             | N/A             | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLOBAL FINANCE LLC                                                       | BURLN 6.875 04/15/30 144A                                                                               | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    870000 | PA      | $808060.35    | 0.14%             | 2030-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                                 | LLOYDS V8 PERP                                                                                          | CUSIP: 53944YAV5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1480000 | PA      | $1583576.32   | 0.28%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EAGLE RE 2023-1 LTD                                                                      | EMIR 2023-1 M2                                                                                          | CUSIP: 26982EAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |    920000 | PA      | $971794.71    | 0.17%             | 2033-09-26      | Floating      | 8.85%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED PASS THROUGH CERTIFICATES                                         | SCRT 2019-1 M                                                                                           | CUSIP: 35563PJQ3<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    636628 | PA      | $625361.31    | 0.11%             | 2058-07-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| COLUMBUS MCKINNON CORP                                                                   | CMCO 7.125 02/01/33 144A                                                                                | CUSIP: 199333AK1<br>LEI: 549300W3HQB0HO1F3G69 | Long             | DBT              | CORP              | US        |    580000 | PA      | $583625.00    | 0.10%             | 2033-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                        | NWL 8.5 06/01/28 144A                                                                                   | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    670000 | PA      | $700545.30    | 0.12%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                           | TEVA 6.75 03/01/28                                                                                      | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $256581.75    | 0.05%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALTICE LUXEMBOURG 0 SNR PERP EUR1 '144A'                                                 | ALTICE LUXEMBOURG 0 SNR PERP EUR1 '144A'                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |      2090 | NS      | $34341.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| 1261229 B.C. LTD                                                                         | BHCCN 10 04/15/32 144A                                                                                  | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2580000 | PA      | $2666282.94   | 0.47%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CAPSTONE BORROWER INC                                                                    | CVT 8 06/15/30 144A                                                                                     | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    520000 | PA      | $502020.22    | 0.09%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ROCK TRUST 2024-CNTR                                                                     | ROCC 2024-CNTR E                                                                                        | CUSIP: 74970WAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1783339.44   | 0.31%             | 2041-11-15      | Fixed         | 8.82%                 | No            |                  2 | On Loan: No      |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO                                 | ARGENT 4.125 07/09/35                                                                                   | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    953791 | PA      | $712958.78    | 0.13%             | 2035-07-09      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                                            | CRWV 9.25 06/01/30 144A                                                                                 | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   2840000 | PA      | $2877810.03   | 0.51%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE 2019 INC / CSL CAP LLC                              | UNIT 6.5 02/15/29 144A                                                                                  | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2654790.66   | 0.47%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                                                                      | ALTICE 5 01/15/28 144A                                                                                  | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   4470000 | PA      | $3333335.77   | 0.59%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VOYAGER TECHNOLOGIES INC                                                                 | VOYG 0.75 11/15/30                                                                                      | CUSIP: 92892BAA1<br>LEI: 254900DDCLSP240FE187 | Long             | DBT              | CORP              | US        |    170000 | PA      | $193426.00    | 0.03%             | 2030-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ASURION LLC / ASURION CO-ISSUER INC                                                      | ASUCOR 8 12/31/32 144A                                                                                  | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2710000 | PA      | $2832489.29   | 0.50%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                                     | NLSN 9.5 02/15/33 144A                                                                                  | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1142329.48   | 0.20%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRETE LLC                                                            | SMYREA 6 11/01/28 144A                                                                                  | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    390000 | PA      | $389956.28    | 0.07%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AEROVIRONMENT INC                                                                        | AVAV 0 07/15/30                                                                                         | CUSIP: 008073AA6<br>LEI: 529900PGHVI29YLZ6221 | Long             | DBT              | CORP              | US        |    690000 | PA      | $701730.00    | 0.12%             | 2030-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2021-R01                                             | CAS 2021-R01 1B1                                                                                        | CUSIP: 20754RAF3<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    520000 | PA      | $525180.76    | 0.09%             | 2041-10-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-C28                                           | WFCM 2015-C28 D                                                                                         | CUSIP: 94989JBH8<br>LEI: 549300S7ENI2U7O0XH56 | Long             | ABS-O            | CORP              | US        |    877696 | PA      | $858487.54    | 0.15%             | 2048-05-15      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC                                                                   | NOG 8.75 06/15/31 144A                                                                                  | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1567065.00   | 0.28%             | 2031-06-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| NYC COMMERCIAL MORTGAGE TRUST 2025-28L                                                   | NYC 2025-28L G                                                                                          | CUSIP: 67123JAN9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1394422.54   | 0.25%             | 2038-11-05      | Variable      | 9.63%                 | No            |                  2 | On Loan: No      |
| Aveanna Healthcare LLC                                                                   | Aveanna/Epic Health Term Loan B 375 2032-08-31                                                          | CUSIP: 05549DAN8<br>LEI: 5493006D6JRLPIY8YV18 | Long             | LON              | CORP              | US        |    736300 | PA      | $739245.20    | 0.13%             | 2032-09-17      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| R.R. DONNELLEY & SONS COMPANY                                                            | RRD 9.5 08/01/29 144A                                                                                   | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1125980.90   | 0.20%             | 2029-08-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO                                 | ARGENT 0.75 07/09/30                                                                                    | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    446693 | PA      | $385295.45    | 0.07%             | 2030-07-09      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2018-2 LTD                                                                      | VOYA 2018-2A D                                                                                          | CUSIP: 92917JAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    940000 | PA      | $943232.66    | 0.17%             | 2031-07-15      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO LLC                                                                       | APLD 9.25 12/15/30 144A                                                                                 | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2770000 | PA      | $2978885.31   | 0.52%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC                                 | DTV 10 02/15/31 144A                                                                                    | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    990000 | PA      | $1030827.60   | 0.18%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Hexion Holdings Corporation                                                              | Hexion Term Loan B 400 2029-03-01                                                                       | CUSIP: 00217XAE6<br>LEI: 549300LBB370MUHGLV84 | Long             | LON              | CORP              | US        |   1282776 | PA      | $1246858.63   | 0.22%             | 2029-03-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| PALMER SQ LN FDG 24-1 LTD /LLC                                                           | PSTAT 2024-1A DR                                                                                        | CUSIP: 69703QAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    770000 | PA      | $761981.84    | 0.13%             | 2032-10-15      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| CBAM 2017-3 LTD                                                                          | CBAM 2017-3A DR                                                                                         | CUSIP: 12481HAW5<br>LEI: 254900EGQJ2K45U5LM27 | Long             | ABS-CBDO         | CORP              | KY        |    440000 | PA      | $438425.15    | 0.08%             | 2034-07-17      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| GALAXY XXII CLO LTD                                                                      | GALXY 2016-22A DR4                                                                                      | CUSIP: 36320TBT9<br>LEI: 54930022KENWLYJ8SJ86 | Long             | ABS-CBDO         | CORP              | KY        |   1020000 | PA      | $1005498.46   | 0.18%             | 2034-04-17      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I PLC                                                               | VMED 6.75 01/15/33 144A                                                                                 | CUSIP: 92858RAE0<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   2240000 | PA      | $2049762.85   | 0.36%             | 2033-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| R.R. DONNELLEY & SONS COMPANY                                                            | RRD 10.875 08/01/29 144A                                                                                | CUSIP: 257867BK6<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2283622.98   | 0.40%             | 2029-08-01      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Asurion LLC                                                                              | Asurion First-lien Term Loan B-14 375 2033-02-09                                                        | CUSIP: 04649VBF6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   2260639 | PA      | $2227916.17   | 0.39%             | 2033-03-11      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MIDSTREAM LLC                                                                 | BLURAC 7 07/15/29 144A                                                                                  | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2980000 | PA      | $3091705.30   | 0.54%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BEAR MOUNTAIN PARK CLO LTD                                                               | BRMTN 2022-1A ER                                                                                        | CUSIP: 07403KAE3<br>LEI: 549300UHUALXUXTG2K29 | Long             | ABS-CBDO         | CORP              | KY        |    980000 | PA      | $888930.36    | 0.16%             | 2037-07-15      | Floating      | 9.62%                 | No            |                  2 | On Loan: No      |
| Peninsula Pacific Entertainment LLC                                                      | Peninsula Pacific Entertainment Term Loan B 475 2032-08-09                                              | CUSIP: 70715SAB3<br>LEI: 549300LWV74H4IE3FG45 | Long             | LON              | CORP              | US        |   1126000 | PA      | $1124119.58   | 0.20%             | 2032-10-01      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                                                                  | EA 7.25 07/01/33 144A                                                                                   | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1319514.93   | 0.23%             | 2033-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                                                   | TRICGR L 06/29/26 2                                                                                     | CUSIP: 31935HAN7<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |    807015 | PA      | $3175.60      | 0.00%             | 2026-06-29      | Floating      | 10.66%                | No            |                  2 | On Loan: No      |
| AIR CANADA                                                                               | ACACN 3.875 08/15/26 144A                                                                               | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |   1170000 | PA      | $1167636.25   | 0.21%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC                                                              | BHCCN 6.25 02/15/29 144A                                                                                | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   2430000 | PA      | $1790606.25   | 0.32%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIATION HOLDINGS INC                                                             | SPIRIT AVIATION HOLDINGS INC COM                                                                        | CUSIP: 84863V101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80264 | NS      | $112369.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                          | CDS CDX.NA.HY.46.V1                                                                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-885085.80   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                                                   | First Brands (Trico Group) First-lien Term Loan 500 2027-03-09                                          | CUSIP: 31935HAD9<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |    630725 | PA      | $1469.59      | 0.00%             | 2027-03-30      | Floating      | 10.78%                | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                                                           | BNP V8 PERP 144A                                                                                        | CUSIP: 05602XDJ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    480000 | PA      | $514812.48    | 0.09%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                                    | QUIKHO 6.375 03/01/32 144A                                                                              | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   1790000 | PA      | $1819370.37   | 0.32%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SABRE FINANCIAL BORROWER LLC                                                             | SABHLD 11.125 06/15/29 144A                                                                             | CUSIP: 78573XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2054756.00   | 0.36%             | 2029-06-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP                                                                     | CAPCOP 6.75 03/31/33 144A                                                                               | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |   2500000 | PA      | $2545890.00   | 0.45%             | 2033-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                                                                         | TKCHOL 8.5 08/15/30 144A                                                                                | CUSIP: 87256YAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4030000 | PA      | $4127739.59   | 0.73%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP (THE)                                                                | SCHW V4 PERP H                                                                                          | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    790000 | PA      | $736811.04    | 0.13%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                                    | LVLT 6.875 06/30/33 144A                                                                                | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2685245.86   | 0.47%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | CAS 2022-R01 1B1                                                                                        | CUSIP: 20754LAF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    100000 | PA      | $101268.80    | 0.02%             | 2041-12-26      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| SUMMIT MIDSTREAM HOLDINGS LLC                                                            | SUMMPL 8.625 10/31/29 144A                                                                              | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $543961.08    | 0.10%             | 2029-10-31      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE ESCROW CL                                                                  | CREDIT SUISSE ESCROW CL                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1010000 | PA      | $0.00         | 0.00%             | 2050-01-01      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                                             | HESM 5.875 03/01/28 144A                                                                                | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1151824.08   | 0.20%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                                           | USD/AUD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $21201.61     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Qualitytech, LP                                                                          | Qualitytech LP                                                                                          | CUSIP: 74758JAB3<br>LEI: 549300GWD2FYVWRWCZ90 | Long             | LON              | CORP              | US        |   1524600 | PA      | $1532223.00   | 0.27%             | 2031-11-04      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                            | TDG 4.625 01/15/29                                                                                      | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    600000 | PA      | $592532.46    | 0.10%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP HOLDINGS INC                                                        | TIBX 6.5 03/31/29 144A                                                                                  | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1656583.68   | 0.29%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ABRY LIQUID CREDIT CLO 2025-2 LTD                                                        | ALC 2025-2A D                                                                                           | CUSIP: 003943AJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    880000 | PA      | $889819.48    | 0.16%             | 2039-01-15      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| AKUMIN INC                                                                               | AKUCN 9.75 08/31/31 144A                                                                                | CUSIP: 01021XAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1247775.00   | 0.22%             | 2031-08-31      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                                                                       | Freddie Mac Seasoned Credit Risk Transfer Trust Series 2024-1                                           | CUSIP: 35563PW21<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    320000 | PA      | $280823.68    | 0.05%             | 2063-11-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                  | Talen Energy Supply Term Loan B (Incremental) 200 2032-10-04                                            | CUSIP: 87422LBA7<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |    817950 | PA      | $820187.09    | 0.14%             | 2032-11-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| BLACK PEARL COMPUTE LLC                                                                  | BLKPRL 6.125 02/15/31 144A                                                                              | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    860000 | PA      | $873620.48    | 0.15%             | 2031-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                                                                     | FLTR 5.875 06/04/31 144A                                                                                | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |   1470000 | PA      | $1465648.80   | 0.26%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ZF NORTH AMERICA CAPITAL INC                                                             | ZFFNGR 7.5 03/24/31 144A                                                                                | CUSIP: 98877DAH8<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1252465.70   | 0.22%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                          | CDS NABORS INDUSTRIES INC                                                                               | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-5940.24     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                                            | VST 6.875 04/15/32 144A                                                                                 | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3342009.60   | 0.59%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                                    | JANEST 6.125 11/01/32 144A                                                                              | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    210000 | PA      | $211223.75    | 0.04%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | CAS 2024-R01 1B1                                                                                        | CUSIP: 20753UAF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    280000 | PA      | $287796.71    | 0.05%             | 2044-01-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| CYPRIUM CORP / CYPRIUM HOLDINGS LUXEMBOURG SARL                                          | VGNT 6.125 04/15/31 144A                                                                                | CUSIP: 23292NAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1990000 | PA      | $2008713.96   | 0.35%             | 2031-04-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| AMMC CLO 30 LTD                                                                          | AMMC 2024-30A D1R                                                                                       | CUSIP: 03165UAU2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $744945.98    | 0.13%             | 2039-04-15      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                                     | RGCARE 9.875 08/15/30 144A                                                                              | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1061446.00   | 0.19%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                                       | VEGLPL 7.5 05/01/33 144A                                                                                | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   2820000 | PA      | $3128502.36   | 0.55%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2025-R03                                             | CAS 2025-R02 1B1                                                                                        | CUSIP: 20754TAH5<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    270000 | PA      | $270646.65    | 0.05%             | 2045-02-27      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                         | CSCHLD 6.5 02/01/29 144A                                                                                | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   3320000 | PA      | $2069795.57   | 0.36%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                                    | JANEST 7.125 04/30/31 144A                                                                              | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1753173.47   | 0.31%             | 2031-04-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | GBP/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-9338.90     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                                                            | CXW 8.25 04/15/29                                                                                       | CUSIP: 21871NAC5<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |   4230000 | PA      | $4409148.96   | 0.78%             | 2029-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ROCKFORD TOWER CLO 2022-2 LTD                                                            | ROCKT 2022-2A ER2                                                                                       | CUSIP: 77340NAK2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $228994.08    | 0.04%             | 2038-03-22      | Variable      | 10.51%                | No            |                  2 | On Loan: No      |
| MAGNETITE XXII LTD                                                                       | MAGNE 2019-22A DRR                                                                                      | CUSIP: 55954HBC5<br>LEI: 5493000081NBXWGGSW23 | Long             | ABS-CBDO         | CORP              | KY        |    520000 | PA      | $520758.42    | 0.09%             | 2036-07-15      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                                | SUN V7.875 PERP 144A                                                                                    | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   2563000 | PA      | $2655642.20   | 0.47%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                                      | AXON 6.25 03/15/33 144A                                                                                 | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256692.75    | 0.05%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ZF NORTH AMERICA CAPITAL INC                                                             | ZFFNGR 6.875 04/23/32 144A                                                                              | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    480000 | PA      | $470010.62    | 0.08%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| APEX CREDIT CLO 2021-2 LTD                                                               | APEXC 2021-2A CR                                                                                        | CUSIP: 03755QAJ2<br>LEI: 254900H6CNZLCIDMYC58 | Long             | ABS-CBDO         | CORP              | KY        |    460000 | PA      | $444965.22    | 0.08%             | 2034-10-20      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                                                      | CLYDESDALE ACQUISITION HOLDINGS INC                                                                     | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |    757115 | PA      | $704480.68    | 0.12%             | 2032-04-01      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| JAMESTOWN CLO XVII LTD                                                                   | JTWN 2021-17A DR                                                                                        | CUSIP: 47048UAS7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1090141.91   | 0.19%             | 2035-01-25      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| NEW GENERATION GAS                                                                       | New Generation Gas Gathering LLC                                                                        | CUSIP: 000000000<br>LEI: 9845008CB7EPB0KCD474 | Long             | DBT              | CORP              | US        |   2648649 | PA      | $2754734.30   | 0.48%             | 2029-09-30      | Floating      | 9.41%                 | No            |                  3 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                                | EUR/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $3135.71      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                                                           | BNP V7.75 PERP 144A                                                                                     | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   2520000 | PA      | $2650624.20   | 0.47%             | N/A             | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE TRUST                                                             | DHC 7.25 10/15/30 144A                                                                                  | CUSIP: 25525PAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1030000 | PA      | $1052250.06   | 0.19%             | 2030-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                                                      | MEDIND 6.25 04/01/29 144A                                                                               | CUSIP: 58506DAA6<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   2330000 | PA      | $2385619.43   | 0.42%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY SR INC                                                                      | ABR 8.5 12/15/28 144A                                                                                   | CUSIP: 03881NAL1<br>LEI: 549300TW7RTL2CI3CN08 | Long             | DBT              | CORP              | US        |   1710000 | PA      | $1694940.46   | 0.30%             | 2028-12-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                                    | NBR 8.875 08/15/31 144A                                                                                 | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   1830000 | PA      | $1933197.36   | 0.34%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| UPBOUND GROUP INC                                                                        | UPBD 6.375 02/15/29 144A                                                                                | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |   2590000 | PA      | $2561493.45   | 0.45%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                                | SUN 5.625 03/15/31 144A                                                                                 | CUSIP: 86765KAF6<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1265173.56   | 0.22%             | 2031-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                                      | UAL 4.625 04/15/29 144A                                                                                 | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4444807.95   | 0.78%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ZF NORTH AMERICA CAPITAL INC                                                             | ZFFNGR 6.75 04/23/30 144A                                                                               | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3379168.54   | 0.59%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA FINANCE PLC / VISTA MANAGEMENT HOLDING INC                                | VSTJET 9.5 06/01/28 144A                                                                                | CUSIP: 92841HAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3743536.75   | 0.66%             | 2028-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                          | CDS TRANSOCEAN INC                                                                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $2726.99      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CARVAL CLO XI-C LTD                                                                      | CARVL 2024-3A D1                                                                                        | CUSIP: 14688RAJ9<br>LEI: 254900BDRF474L9PWM54 | Long             | ABS-CBDO         | CORP              | KY        |    930000 | PA      | $926364.82    | 0.16%             | 2037-10-20      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| VERSANT MEDIA GROUP INC                                                                  | VSNT 7.25 01/30/31 144A                                                                                 | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1329605.75   | 0.23%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DS Parent Inc                                                                            | Davis-Standard Term Loan B 550 2030-11-26                                                               | CUSIP: 23344YAG7<br>LEI: 254900EH8GRZUGRWRH57 | Long             | LON              | CORP              | US        |   1884954 | PA      | $1669871.04   | 0.29%             | 2031-01-31      | Floating      | 9.20%                 | No            |                  2 | On Loan: No      |
| AUSTRALIAN METCOAL FINANCING PTY LTD                                                     | WHCAU 6.25 10/22/31 144A                                                                                | CUSIP: 05257TAA3<br>LEI: 529900ZB2IL1HUTFQ193 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $1013949.00   | 0.18%             | 2031-10-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                            | TDG 6.875 12/15/30 144A                                                                                 | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1289293.75   | 0.23%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                                                             | Cloudera First-lien Term Loan 375 2028-07-24                                                            | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |    688203 | PA      | $621967.01    | 0.11%             | 2028-10-08      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| HP PHRG Borrower LLC                                                                     | Power Home Remodeling Term Loan B 400 2032-02-04                                                        | CUSIP: 40445XAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    992500 | PA      | $989403.40    | 0.17%             | 2032-02-20      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Engines Center LLC (The)                                               | Edelman Financial Center/Financial Engines Term Loan B 400 2031-11-01                                   | CUSIP: 27943UAN6<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    680000 | PA      | $681700.00    | 0.12%             | 2031-11-30      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                                    | JANEST 4.5 11/15/29 144A                                                                                | CUSIP: 47077WAA6<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    660000 | PA      | $641388.26    | 0.11%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                            | TDG 6.75 08/15/28 144A                                                                                  | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1227857.18   | 0.22%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-24

**Name of Applicant:** Legg Mason Partners Income Trust

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer