# EDGAR Filing Document

**Accession Number:** 0000883622
**File Stem:** 0000940400-26-022030
**Filing Date:** 2026-5
**Character Count:** 117110
**Document Hash:** 0441c8690f42a904e2378dd213e220e5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022030.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000940400-26-022030

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IVY FUNDS
- **CENTRAL INDEX KEY:** 0000883622

**ORGANIZATION NAME:**
- **EIN:** 481112076
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06569
- **FILM NUMBER:** 261036704

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354
- **BUSINESS PHONE:** 18005231918

**MAIL ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IVY FUNDS INC
- **DATE OF NAME CHANGE:** 20030630

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** W&R FUNDS INC
- **DATE OF NAME CHANGE:** 20000829

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WADDELL & REED FUNDS INC
- **DATE OF NAME CHANGE:** 19920717

## Series and Classes Contracts Data

### Nomura High Income Fund (Series ID: S000006289)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000017281 | Class A             | WHIAX           |
| C000017283 | Class C             | WRHIX           |
| C000017284 | Class Y             | WHIYX           |
| C000045546 | Institutional Class | IVHIX           |
| C000122150 | Class R             | IYHIX           |
| C000146681 | Class R6            | IHIFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** IVY FUNDS

- **b. Investment Company Act file number:** 811-06569

- **c. CIK number of Registrant:** 0000883622

- **d. LEI of Registrant:** UJ5MWG3K37CY01MVRY13

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

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 215-255-1200

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

- **a. Name of Series:** Nomura High Income Fund

- **b. EDGAR series identifier (if any):** S000006289

- **c. LEI of Series:** 8Z7EZWQ148SYLG6G1226

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

- **a. Date of fiscal year-end:** 2026-03-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1749066619.36

**Total Liabilities:** $23831061.64

**Net Assets:** $1725235557.72

**Delayed Delivery Securities:** $9343994.01

**Cash Not Reported:** $2211415.99

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 61.42415000 | **1-Year:** 5475.89896000 | **5-Year:** 39752.74161000 | **10-Year:** 13296.49413000 | **30-Year:** 0.00000000

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

- **3-Month:** 1757.58224000 | **1-Year:** 164263.09254000 | **5-Year:** 305862.05740000 | **10-Year:** 8010.83608000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017284 | -0.12%               | -0.34%               | -1.69%               |
| Class ID C000122150 | 0.03%                | -0.36%               | -1.71%               |
| Class ID C000146681 | -0.09%               | -0.31%               | -1.66%               |
| Class ID C000017283 | -0.18%               | -0.40%               | -1.75%               |
| Class ID C000017281 | 0.05%                | -0.51%               | -1.52%               |
| Class ID C000045546 | 0.07%                | -0.32%               | -1.67%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $655112.37               | $-14641623.15                              |
| Month 2  | $-1128922.60             | $-15535533.74                              |
| Month 3  | $180793458.00            | $-412282896.40                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ASG WRRNT CORP - COM STK                                                            | ASG WRRNT CORP - COM STK                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19688 | NS      | $0.02         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Royal Bank of Canada                                                                | RY V6.5 11/24/85                                                           | CUSIP: 780082AY9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  11010000 | PA      | $10646616.05  | 0.62%             | 2085-11-24      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Applied Systems                                                                     | Applied Systems Second-lien Term Loan 450 2031-02-01                       | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |  13310000 | PA      | $13160262.50  | 0.76%             | 2032-02-23      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| The Chemours Company LLC                                                            | CC 7.875 03/15/34 144A                                                     | CUSIP: 163851AL2<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   4925000 | PA      | $4928444.05   | 0.29%             | 2034-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                    | BMO V7.7 05/26/84                                                          | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  10435000 | PA      | $10723579.93  | 0.62%             | 2084-05-26      | Fixed         | 7.70%                 | 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        |   2165000 | PA      | $2163515.46   | 0.13%             | 2031-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| QXO INC                                                                             | BECN 6.75 04/30/32 144A                                                    | CUSIP: 74825NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2891000 | PA      | $2951323.61   | 0.17%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc.                                                                     | BBDBCN 8.75 11/15/30 144A                                                  | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   5590000 | PA      | $5952187.28   | 0.35%             | 2030-11-15      | Fixed         | 8.75%                 | 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        |   5295000 | PA      | $5425728.26   | 0.31%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| MARITIME FINANCE CO LTD                                                             | MARITIME FINANCE CO LTD                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1750000 | NS      | $550711.00    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| AMERITEX HOLDCO INTERMEDIATE LLC                                                    | AMEPIP 7.625 08/15/33 144A                                                 | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5690000 | PA      | $5878492.63   | 0.34%             | 2033-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| S&S Holdings LLC                                                                    | SSACTI 8.375 10/01/31 144A                                                 | CUSIP: 78525CAA3<br>LEI: 25490047QJT06H3Z7U34 | Long             | DBT              | CORP              | US        |   5390000 | PA      | $4760277.68   | 0.28%             | 2031-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Midas Opco Holdings LLC                                                             | STGW 5.625 08/15/29 144A                                                   | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14375000 | PA      | $13698043.88  | 0.79%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Azorra Finance Ltd.                                                                 | AZORRA 7.75 04/15/30 144A                                                  | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |  13970000 | PA      | $14400499.52  | 0.83%             | 2030-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                                | NEFINA 8 04/15/30 144A                                                     | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10295000 | PA      | $10604999.95  | 0.61%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ARES LOAN FUNDING III LTD                                                           | ARES 2022-ALF3A ER                                                         | CUSIP: 04019PAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $996250.00    | 0.06%             | 2036-07-25      | Floating      | 9.77%                 | No            |                  2 | On Loan: No      |
| PARK BLUE CLO 2022-I LTD                                                            | PKBLU 2022-1A ER                                                           | CUSIP: 699903AG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2100000 | PA      | $1925252.70   | 0.11%             | 2037-10-20      | Variable      | 10.76%                | 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        |   1352000 | PA      | $1384746.79   | 0.08%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CLOVER CLO 2021-3 LLC                                                               | CLVR 2021-3A ER                                                            | CUSIP: 18915FAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2280000 | PA      | $2115021.48   | 0.12%             | 2035-01-25      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                                                    | UWMC 6.625 02/01/30 144A                                                   | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4054000 | PA      | $3827247.21   | 0.22%             | 2030-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| UNITI SERVICES LLC                                                                  | UNIT 7.5 10/15/33 144A                                                     | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |   5678000 | PA      | $5907202.12   | 0.34%             | 2033-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                    | CYH 9.75 01/15/34 144A                                                     | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   8175000 | PA      | $8494790.47   | 0.49%             | 2034-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| BBAM US CLO III LTD                                                                 | BBAM 2023-3A DR                                                            | CUSIP: 054972AE4<br>LEI: 54930064Z7YZMOXBC128 | Long             | ABS-CBDO         | CORP              | KY        |   3550000 | PA      | $3414120.20   | 0.20%             | 2038-10-15      | Variable      | 8.87%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                   | HRI 7 06/15/30 144A                                                        | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   3810000 | PA      | $3909380.04   | 0.23%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| USA Compression Partners LP / USA Compression Finance Corp                          | USAC 7.125 03/15/29 144A                                                   | CUSIP: 91740PAG3<br>LEI: 5493000B1PEOKXRZEO65 | Long             | DBT              | CORP              | US        |   5582000 | PA      | $5714662.93   | 0.33%             | 2029-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Co Ltd.                                                                | NSANY 8.125 07/17/35 144A                                                  | CUSIP: 654922AD5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   4475000 | PA      | $4608092.32   | 0.27%             | 2035-07-17      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDINGS LLC                                                      | RCM 6.875 11/15/31 144A                                                    | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10235000 | PA      | $9875824.17   | 0.57%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                                              | MINAU 9.25 10/01/28 144A                                                   | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   3455000 | PA      | $3582912.74   | 0.21%             | 2028-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK Financing I PLC                                                          | VMED 7.75 04/15/32 144A                                                    | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |  11765000 | PA      | $11291998.76  | 0.65%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                               | DTV 8.875 02/01/30 144A                                                    | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2530000 | PA      | $2520246.60   | 0.15%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                | CLF 7 03/15/32 144A                                                        | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   8930000 | PA      | $8651404.54   | 0.50%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Amentum Escrow Corp.                                                                | AMNTEC 7.25 08/01/32 144A                                                  | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |  10945000 | PA      | $11336447.93  | 0.66%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TCW Clo 2022-1 Ltd.                                                                 | TCW 2022-1A ER                                                             | CUSIP: 871978AE2<br>LEI: 254900KPK0PRXM6I7271 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1839398.00   | 0.11%             | 2038-01-20      | Floating      | 10.17%                | No            |                  2 | On Loan: No      |
| Digicel International Finance Ltd/DIFL US LLC                                       | DIGDIF 8.625 08/01/32 144A                                                 | CUSIP: 25381MAA5<br>LEI: 5493007V023VOEW4FK27 | Long             | DBT              | CORP              | BM        |   5655000 | PA      | $5758350.78   | 0.33%             | 2032-08-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Clover Holdings 2 LLC                                                               | CLOVHO L 12/09/31 3                                                        | CUSIP: 18914DAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  14733662 | PA      | $13923311.06  | 0.81%             | 2031-12-09      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TCW CLO 2024-2 LTD                                                                  | TCW 2024-2A E                                                              | CUSIP: 87252HAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2322917.50   | 0.13%             | 2037-07-17      | Floating      | 10.92%                | No            |                  2 | On Loan: No      |
| LSF12 Helix Parent LLC                                                              | HI 7.125 02/01/33 144A                                                     | CUSIP: 548916AA3<br>LEI: 254900H70V4IL22BHL88 | Long             | DBT              | CORP              | US        |   7028000 | PA      | $6781360.07   | 0.39%             | 2033-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY EAT CLO 2025-21                                                      | MSEV 2025-21A E                                                            | CUSIP: 617935AA9<br>LEI: 254900LVH0JZLB93FN88 | Long             | ABS-CBDO         | CORP              | KY        |   1090000 | PA      | $1014404.14   | 0.06%             | 2038-04-15      | Floating      | 8.37%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY INTERNATIONAL HOLDINGS LTD                                              | Studio City International Holdings Limited SPON ADS                        | CUSIP: 86389T106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |   5668119 | NS      | $13773529.17  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co.                                                                       | SM 9.625 06/15/33 144A                                                     | CUSIP: 17888HAD5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |  10970000 | PA      | $12125974.72  | 0.70%             | 2033-06-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| SILVER POINT CLO 5 LTD                                                              | SPCLO 2024-5A E                                                            | CUSIP: 82809HAA1<br>LEI: 254900IB4JHW6SUR0Q75 | Long             | ABS-CBDO         | CORP              | KY        |   2700000 | PA      | $2459135.70   | 0.14%             | 2037-10-20      | Variable      | 10.07%                | No            |                  2 | On Loan: No      |
| SABINE OIL & GAS CORP                                                               | Sabine Oil Gas Holdings Inc. COM USD0.10                                   | CUSIP: 78532M104<br>LEI: 2MNR4Q42DBL85U7RD221 | Long             | EC               | CORP              | US        |      5385 | NS      | $6670.90      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Petsmart LLC / Petsmart Financial Corp.                                             | PETM 7.5 09/15/32                                                          | CUSIP: 71677KAC2<br>LEI: 894500NGJMHSFNESGA67 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3368810.25   | 0.20%             | 2032-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Jones Deslauriers Insurance Management Inc.                                         | NAVCOR 8.5 03/15/30 144A                                                   | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |  21010000 | PA      | $21373010.78  | 1.24%             | 2030-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Matador Resources Company                                                           | MTDR 6.25 04/15/33 144A                                                    | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   9555000 | PA      | $9570049.13   | 0.55%             | 2033-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                                              | BWY 9.25 04/15/30 144A                                                     | CUSIP: 57763RAF4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |  13205000 | PA      | $12280356.85  | 0.71%             | 2030-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                  | VEGLPL 7.75 05/01/35 144A                                                  | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   7980000 | PA      | $8948795.94   | 0.52%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ABPCI Direct Lending Fund CLO II Ltd.                                               | ABPCI 2017-1A DRR                                                          | CUSIP: 000823BC7<br>LEI: 549300H8L46GO50TOZ40 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996631.00    | 0.06%             | 2037-07-20      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                        | BACR V9.625 PERP                                                           | CUSIP: 06738ECN3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  18050000 | PA      | $19698055.25  | 1.14%             | N/A             | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Mohegan Escrow Issuer LLC                                                           | MOHEGN 8.25 04/15/30 144A                                                  | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3226000 | PA      | $3304746.66   | 0.19%             | 2030-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| NC Macau I Ltd.                                                                     | NC Macau I Ltd.                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |  19452771 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Phinia Inc.                                                                         | PHIN 6.625 10/15/32 144A                                                   | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |   6498000 | PA      | $6618511.91   | 0.38%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc.                                                          | CZR 6.5 02/15/32 144A                                                      | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   6890000 | PA      | $6815299.31   | 0.40%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CRC INSURANCE GROUP LLC                                                             | TIHLLC 7.125 06/01/31 144A                                                 | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13925000 | PA      | $13978806.20  | 0.81%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| AIMCO CLO 15 LTD                                                                    | AIMCO 2021-15A ER                                                          | CUSIP: 00889CAE9<br>LEI: 254900QER1MDK5C1YE06 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1825772.00   | 0.11%             | 2038-04-17      | Floating      | 8.27%                 | No            |                  2 | On Loan: No      |
| Arcosa Inc                                                                          | ACA 6.875 08/15/32 144A                                                    | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |   6865000 | PA      | $7039460.25   | 0.41%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Usi Inc                                                                             | COMINV 7.5 01/15/32 144A                                                   | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |  10450000 | PA      | $10600574.05  | 0.61%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Funds                                        | Morgan Stanley Institutional Liquidity Funds GOVT PTF INSTL                | CUSIP: 61747C707<br>LEI: 5493000A332Y142SOW84 | Long             | STIV             | RF                | US        |  13966141 | NS      | $13966141.23  | 0.81%             |  |  |  | No            |                  1 | 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        |   6085000 | PA      | $5942339.00   | 0.34%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Scientific Games Lottery                                                            | Scientific Games Lottery Term Loan B 300 2029-04-01                        | CUSIP: 80875CAE7<br>LEI: 549300W5GPFXXB6TQ330 | Long             | LON              | CORP              | US        |   5195522 | PA      | $5124893.67   | 0.30%             | 2029-04-01      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Goodyear Tire & Rubber Co. The                                                      | GT 6.625 07/15/30                                                          | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |   8110000 | PA      | $7937252.95   | 0.46%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp/ Canadas Wonderland Company/ Millennium Operations LLC | FUN 8.625 01/15/32 144A                                                    | CUSIP: 83003AAA8<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   7979000 | PA      | $7997338.14   | 0.46%             | 2032-01-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Nabors Industries, Inc.                                                             | NBR 8.875 08/15/31 144A                                                    | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   2821000 | PA      | $2940644.25   | 0.17%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| W. R. Grace Holdings Llc                                                            | GRA 7 08/01/33 144A                                                        | CUSIP: 92943GAH4<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   5052000 | PA      | $4910695.56   | 0.28%             | 2033-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                               | BBWI 6.875 11/01/35                                                        | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   9195000 | PA      | $9055435.53   | 0.52%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                           | XIFR 8.375 01/15/31 144A                                                   | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   2270000 | PA      | $2390868.42   | 0.14%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE PLC                                                             | HWDGRP 7.25 02/15/31 144A                                                  | CUSIP: 44287GAA4<br>LEI: 87550008DPN8BDG67910 | Long             | DBT              | CORP              | GB        |   9350000 | PA      | $9435982.60   | 0.55%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMC Networks Inc                                                                    | AMCX 10.5 07/15/32 144A                                                    | CUSIP: 00164VAK9<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   6100142 | PA      | $6026568.88   | 0.35%             | 2032-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Nabors Industries, Inc.                                                             | NBR 9.125 01/31/30 144A                                                    | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   5178000 | PA      | $5439804.86   | 0.32%             | 2030-01-31      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| CEDAR FUNDING IX CLO LTD                                                            | CEDF 2018-9A ER                                                            | CUSIP: 15033FAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1902044.00   | 0.11%             | 2037-07-20      | Floating      | 11.20%                | No            |                  2 | On Loan: No      |
| BARINGS CLO LTD 2024-V                                                              | BABSN 2024-5A D2                                                           | CUSIP: 06763YAN9<br>LEI: 25490047AECQPJIDJC73 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2442495.00   | 0.14%             | 2038-07-15      | Floating      | 7.77%                 | No            |                  2 | On Loan: No      |
| VERSCEND HOLDING CORP                                                               | Cotiviti Inc Fixed-rate Loan 2031-02-12                                    | CUSIP: 22164MAD9<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |  14040000 | PA      | $13136175.00  | 0.76%             | 2031-05-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                                         | CRGYFN 8.375 01/15/34 144A                                                 | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   5154000 | PA      | $5392475.58   | 0.31%             | 2034-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                                              | BWY 7.875 04/15/30 144A                                                    | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   9035000 | PA      | $9041460.03   | 0.52%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corporation                                   | RHP 7.25 07/15/28 144A                                                     | CUSIP: 749571AJ4<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |   2390000 | PA      | $2441647.90   | 0.14%             | 2028-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                                              | HBGCN 7.25 06/15/30 144A                                                   | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   5860000 | PA      | $6006376.94   | 0.35%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| EMPOWER CLO 2022-1 LTD                                                              | EMPWR 2022-1A ER                                                           | CUSIP: 29246YAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2750000 | PA      | $2502610.00   | 0.15%             | 2037-10-20      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| AGL CLO 32 LTD                                                                      | AGL 2024-32A E                                                             | CUSIP: 00121CAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1866602.00   | 0.11%             | 2037-07-21      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                                                   | POWSOL 6.75 02/15/30 144A                                                  | CUSIP: 18060TAD7<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | CA        |   7628000 | PA      | $7805007.74   | 0.45%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SCULPTOR CLO XXXIII LTD (CAYMAN ISLANDS)                                            | SCUL 33A D1A                                                               | CUSIP: 810926AJ4<br>LEI: 254900DQL0NUJRDUYA65 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1490145.00   | 0.09%             | 2037-07-20      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                                     | GTN 7.25 08/15/33 144A                                                     | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   4905000 | PA      | $4946378.58   | 0.29%             | 2033-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| EG Global Finance PLC                                                               | EGBLFN 12 11/30/28 144A                                                    | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |   2180000 | PA      | $2333618.06   | 0.14%             | 2028-11-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                                       | UVN 9.375 08/01/32 144A                                                    | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   5650000 | PA      | $5827185.13   | 0.34%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                             | NXST 7.25 04/15/34 144A                                                    | CUSIP: 65346UAA7<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |   1758000 | PA      | $1765096.52   | 0.10%             | 2034-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Michaels Companies Inc.                                                             | MIK 8.5 03/15/33 144A                                                      | CUSIP: 59408QAB2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   4712000 | PA      | $4592074.89   | 0.27%             | 2033-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                                                       | WHTCAP 7.375 11/15/30 144A                                                 | CUSIP: 96467GAC2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |  18370000 | PA      | $17832637.09  | 1.03%             | 2030-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Flynn Restaurant Group                                                              | Flynn Restaurant Group Term Loan B (Incremental) 375 2032-01-05            | CUSIP: 34410JAG6<br>LEI: 5493008VE8TQONGO3817 | Long             | LON              | CORP              | US        |   7068585 | PA      | $6953720.49   | 0.40%             | 2032-01-28      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| INVESCO U.S. CLO 2023-4 LTD                                                         | INVCO 2023-4A ER                                                           | CUSIP: 46091YAE8<br>LEI: 2549000VWIHWVWECHQ22 | Long             | ABS-CBDO         | CORP              | JE        |   1200000 | PA      | $1176958.80   | 0.07%             | 2039-01-18      | Variable      | 9.42%                 | No            |                  2 | On Loan: No      |
| TCW CLO 2024-3 LTD                                                                  | TCW 2024-3A E                                                              | CUSIP: 87252WAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2300000 | PA      | $2119229.20   | 0.12%             | 2037-10-20      | Floating      | 10.27%                | No            |                  2 | On Loan: No      |
| Apld Computeco 2 LLC                                                                | PFORGE 6.75 03/15/31 144A                                                  | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1787000 | PA      | $1775096.97   | 0.10%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Transocean International Ltd.                                                       | RIG 8.5 05/15/31 144A                                                      | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |   5610000 | PA      | $5887206.93   | 0.34%             | 2031-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners Clo 76 B Ltd./Golub Capital Partners Clo 76 B LLC            | GCBSL 2024-76A E                                                           | CUSIP: 38180CAA3<br>LEI: 254900XH1T1LRT7YJV16 | Long             | ABS-CBDO         | CORP              | JE        |   1150000 | PA      | $1077631.65   | 0.06%             | 2037-10-26      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                   | CSCHLD 4.5 11/15/31 144a                                                   | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |  10380000 | PA      | $6169857.47   | 0.36%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                                                | NOVHOL 8.75 04/15/30 144A                                                  | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |  10512000 | PA      | $9817723.40   | 0.57%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Light & Wonder International Inc.                                                   | LNW 7.25 11/15/29 144A                                                     | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   6265000 | PA      | $6389516.88   | 0.37%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Usalco LLC                                                                          | USALCO L 09/30/31 5                                                        | CUSIP: 91732NAP8<br>LEI: 5493006WBYB0CYPCSG20 | Long             | LON              | CORP              | US        |    584258 | PA      | $583527.92    | 0.03%             | 2031-09-30      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas                                                                      | Hunter Douglas Term Loan B 325 2032-01-05                                  | CUSIP: 000000000<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |   7469769 | PA      | $7448293.05   | 0.43%             | 2032-01-20      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| NGL ENERGY OPERATING LLC                                                            | NGL 8.375 02/15/32 144A                                                    | CUSIP: 62922LAD0<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |  13785000 | PA      | $14216112.09  | 0.82%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Lindblad Expeditions LLC                                                            | LIND 7 09/15/30 144A                                                       | CUSIP: 53523LAB6<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |   2205000 | PA      | $2252619.18   | 0.13%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                                                       | SM 7 08/01/32 144A                                                         | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   6074000 | PA      | $6206710.83   | 0.36%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc.                                                                      | CRWV 9 02/01/31 144A                                                       | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   2230000 | PA      | $2124674.65   | 0.12%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| OFSI BSL XIV CLO LTD                                                                | OFSBS 2024-14A E                                                           | CUSIP: 67119HAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1830560.00   | 0.11%             | 2037-07-20      | Floating      | 11.41%                | No            |                  2 | On Loan: No      |
| William Carter Company                                                              | CRI 7.375 02/15/31 144A                                                    | CUSIP: 96926JAG2<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |   5108000 | PA      | $5216319.23   | 0.30%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Transocean International Ltd.                                                       | RIG 7.875 10/15/32 144A                                                    | CUSIP: 893814AA1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |  10047000 | PA      | $10742151.93  | 0.62%             | 2032-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Williams Scotsman Inc.                                                              | WLSC 6.625 04/15/30 144A                                                   | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |   8510000 | PA      | $8651172.39   | 0.50%             | 2030-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Cipher Compute LLC                                                                  | CIFR 7.125 11/15/30 144A                                                   | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3112000 | PA      | $3228012.25   | 0.19%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                                                       | SURCEN 7.25 04/15/32 144A                                                  | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |  14265000 | PA      | $14028533.37  | 0.81%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Magnera Corp.                                                                       | MAGN 7.25 11/15/31 144A                                                    | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |  18481000 | PA      | $17126435.11  | 0.99%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                       | OMF 6.625 05/15/29                                                         | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   9277000 | PA      | $9297604.22   | 0.54%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Fidelity Colchester Street Trust                                                    | Fidelity Colchester Street Trust MNY MRKT FDS I                            | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |  13966141 | NS      | $13966141.23  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| VZ Secured Financing BV                                                             | ZIGGO 7.5 01/15/33 144A                                                    | CUSIP: 91845AAB1<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |   5500000 | PA      | $5189243.95   | 0.30%             | 2033-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                                          | RCICN V7.125 04/15/55                                                      | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |  10860000 | PA      | $11119864.60  | 0.64%             | 2055-04-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                     | TDG 6.875 12/15/30 144A                                                    | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  15800000 | PA      | $16199629.40  | 0.94%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corp.                                                      | SOLEIN 7.25 06/15/31 144A                                                  | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   2640000 | PA      | $2581214.59   | 0.15%             | 2031-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Athenahealth Group Inc.                                                             | ATHENA 6.5 02/15/30 144A                                                   | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |  10920000 | PA      | $10261455.20  | 0.59%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                       | OMF 7.125 09/15/32                                                         | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2849000 | PA      | $2809417.13   | 0.16%             | 2032-09-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Goat Holdco LLC                                                                     | B 6.75 02/01/32 144A                                                       | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6220000 | PA      | $6263502.68   | 0.36%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Petsmart LLC / Petsmart Financial Corp.                                             | PETM 10 09/15/33                                                           | CUSIP: 71677KAD0<br>LEI: 894500NGJMHSFNESGA67 | Long             | DBT              | CORP              | US        |   2230000 | PA      | $2227386.89   | 0.13%             | 2033-09-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| National Mentor Holdings Inc                                                        | MENTOR 10.5 12/15/30 144A                                                  | CUSIP: 63688RAF4<br>LEI: 5493004QULJVJP3CNZ62 | Long             | DBT              | CORP              | US        |   1448000 | PA      | $1495707.26   | 0.09%             | 2030-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                                                   | ILIADH 8.5 04/15/31 144A                                                   | CUSIP: 449691AF1<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |  20110000 | PA      | $21058246.83  | 1.22%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                           | TIBX 9 09/30/29 144A                                                       | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   7795000 | PA      | $7527074.94   | 0.44%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| AIMCO CLO 18 LTD                                                                    | AIMCO 2022-18A ER                                                          | CUSIP: 00889FAG7<br>LEI: 2549005IX0D6XDJNNS95 | Long             | ABS-CBDO         | CORP              | JE        |    850000 | PA      | $822726.90    | 0.05%             | 2037-07-20      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| WELLFLEET CLO 2022-1 LTD                                                            | WELF 2022-1A ER                                                            | CUSIP: 94950UAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | NUSS              | KY        |   2500000 | PA      | $2227782.50   | 0.13%             | 2037-07-15      | Floating      | 11.42%                | 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        |   2090000 | PA      | $2219473.41   | 0.13%             | 2031-07-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Focus Financial Partners LLC                                                        | FOCS 6.75 09/15/31 144A                                                    | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |  13172000 | PA      | $13094237.78  | 0.76%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                               | BBWI 6.95 03/01/33                                                         | CUSIP: 532716AK3<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   1347000 | PA      | $1301287.27   | 0.08%             | 2033-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BIS INDUSTRIES (ARTSONIG)                                                           | BIS INDUSTRIES (ARTSONIG)                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  19682813 | NS      | $96623.09     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Global Medical Response Incorporated                                                | AIMEGR 7.375 10/01/32 144A                                                 | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |   6231000 | PA      | $6475847.15   | 0.38%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Gulfport Energy Operating Corp.                                                     | GPOR 6.75 09/01/29 144A                                                    | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |  13705000 | PA      | $14033508.85  | 0.81%             | 2029-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Radiology Partners Inc.                                                             | RADPAR 8.5 07/15/32 144A                                                   | CUSIP: 75041VAE4<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   3735000 | PA      | $3791473.20   | 0.22%             | 2032-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                    | CYH 6.125 04/01/30 144A                                                    | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   3563000 | PA      | $3101857.30   | 0.18%             | 2030-04-01      | Fixed         | 6.12%                 | 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        |   4305194 | PA      | $4463385.77   | 0.26%             | 2033-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| True Religion 2026 Escrow                                                           | True Religion 2026 Escrow                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       395 | NS      | $379456.85    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                    | GEL 6.75 03/15/34                                                          | CUSIP: 37185LAS1<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |   5050000 | PA      | $5029601.03   | 0.29%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                   | CSCHLD 5 11/15/31 144A                                                     | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |  10946000 | PA      | $3983945.57   | 0.23%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                                                  | BAUSCH + LOMB CORP                                                         | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |  13754066 | PA      | $13801352.42  | 0.80%             | 2031-01-15      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Staples, Inc.                                                                       | SPLS 10.75 09/01/29 144A                                                   | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |  13525000 | PA      | $12518595.28  | 0.73%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Paradigm Parent LLC / Paradigm Parent Co-Issuer Inc.                                | PDCO 8.75 04/17/32 144A                                                    | CUSIP: 69902PAA6<br>LEI: 254900EDT9YE5UFH3458 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2134526.16   | 0.12%             | 2032-04-17      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Oak-Eagle AcquireCo Inc.                                                            | EA 8.75 07/01/34 144A                                                      | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |   2812000 | PA      | $2945701.32   | 0.17%             | 2034-07-01      | Fixed         | 8.75%                 | 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        |   3555000 | PA      | $3422284.03   | 0.20%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc.                                                                     | BBDBCN 7.25 07/01/31 144A                                                  | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   6805000 | PA      | $7139581.44   | 0.41%             | 2031-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC                                                         | IONPLA 7.875 09/30/32 144a                                                 | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |  10900000 | PA      | $8450506.22   | 0.49%             | 2032-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Fortress Transportation & Infrastructure Investors LLC                              | FTAI 7 06/15/32 144A                                                       | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |  13995000 | PA      | $14357904.35  | 0.83%             | 2032-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SunSource Holdings                                                                  | STS OPERATING INC                                                          | CUSIP: 12508KAJ6<br>LEI: 549300HW5C2VGPZCHL57 | Long             | LON              | CORP              | US        |   5108735 | PA      | $5112459.29   | 0.30%             | 2031-03-25      | Floating      | 7.77%                 | No            |                  2 | On Loan: No      |
| UKG Inc.                                                                            | ULTI 6.875 02/01/31 144A                                                   | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |  12225000 | PA      | $11958133.14  | 0.69%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Cumulus Media New Holdings Inc                                                      | CUMINT 8 07/01/29 144A                                                     | CUSIP: 23110AAB2<br>LEI: 5493001D9VBAVY1OKJ46 | Long             | DBT              | CORP              | US        |  18686000 | PA      | $2802900.00   | 0.16%             | 2029-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Permian Resources Operating, LLC                                                    | PR 7 01/15/32 144A                                                         | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   4495000 | PA      | $4657651.58   | 0.27%             | 2032-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NEW COTAI EQUITY                                                                    | NEW COTAI EQUITY                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  26714824 | PA      | $24251386.59  | 1.41%             | 2027-02-02      | Fixed         | 5.00%                 | Yes           |                  3 | On Loan: No      |
| NEW COTAI EQUITY                                                                    | NEW COTAI EQUITY                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  20316462 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cimpress PLC                                                                        | CMPR 7.375 09/15/32 144A                                                   | CUSIP: 17186HAH5<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |   9505000 | PA      | $9433865.53   | 0.55%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                             | HILCRP 7.25 02/15/35 144A                                                  | CUSIP: 431318BG8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |  11435000 | PA      | $11408979.66  | 0.66%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 62(B) LTD                                                | GCBSL 2022-62A ER                                                          | CUSIP: 38180EAA9<br>LEI: 2549009X711NFO0AZT83 | Long             | ABS-CBDO         | CORP              | KY        |   1150000 | PA      | $1058863.65   | 0.06%             | 2037-10-15      | Floating      | 10.07%                | No            |                  2 | On Loan: No      |
| Garrett Motion Holdings Inc. / Garrett LX I S.a.r.l.                                | GTX 7.75 05/31/32 144A                                                     | CUSIP: 366504AA6<br>LEI: 5493001N1N6Z0SR83G07 | Long             | DBT              | CORP              | US        |  12608000 | PA      | $13062959.68  | 0.76%             | 2032-05-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Capstone Borrower Inc.                                                              | CVT 8 06/15/30 144A                                                        | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |   4890000 | PA      | $4676893.31   | 0.27%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                                       | UVN 7.375 06/30/30 144A                                                    | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   8345000 | PA      | $8183063.61   | 0.47%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| The Manitowoc Company, Inc.                                                         | MTW 9.25 10/01/31 144A                                                     | CUSIP: 563571AN8<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |   6840000 | PA      | $7151411.52   | 0.41%             | 2031-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| K Hovnanian Enterprises Inc                                                         | HOV 8.375 10/01/33 144A                                                    | CUSIP: 48251UAQ1<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   7665000 | PA      | $7588789.97   | 0.44%             | 2033-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Organon & Co                                                                        | OGN 5.125 04/30/31 144A                                                    | CUSIP: 68622TAB7<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |  11228000 | PA      | $9161878.46   | 0.53%             | 2031-04-30      | Fixed         | 5.12%                 | 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        |   6075000 | PA      | $6124960.80   | 0.36%             | 2033-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Heartland Dental                                                                    | Heartland Dental Term Loan B (Add-on) 450 2028-04-01                       | CUSIP: 42236WAX5<br>LEI: 5493008FRC0GRKBN1075 | Long             | LON              | CORP              | US        |  20655476 | PA      | $20622612.90  | 1.20%             | 2032-08-25      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| American Axle & Manufacturing, Inc.                                                 | AXL 7.75 10/15/33 144A                                                     | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |   2390000 | PA      | $2328130.07   | 0.13%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                                         | CRGYFN 7.875 04/15/32 144A                                                 | CUSIP: 516806AK2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |  12905000 | PA      | $13194033.29  | 0.76%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS V7.125 PERP 144a                                                       | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   9500000 | PA      | $9344437.50   | 0.54%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Arsenal AIC Parent LLC                                                              | ARNC 8 10/01/30 144A                                                       | CUSIP: 04288BAB6<br>LEI: 254900G9F9HA5EP57J39 | Long             | DBT              | CORP              | US        |  10935000 | PA      | $11398829.90  | 0.66%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                | CLF 7.625 01/15/34 144A                                                    | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   6850000 | PA      | $6698735.56   | 0.39%             | 2034-01-15      | Fixed         | 7.62%                 | 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        |  10990000 | PA      | $10804161.30  | 0.63%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| 720 EAST CLO 2022-I LTD                                                             | NWML 2022-1A ER                                                            | CUSIP: 81785CAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2800000 | PA      | $2620410.80   | 0.15%             | 2038-01-20      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education Inc.                                                          | MHED 7.375 09/01/31 144A                                                   | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |  16282000 | PA      | $16632176.97  | 0.96%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                   | HRI 7.25 06/15/33 144A                                                     | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   2595000 | PA      | $2661411.24   | 0.15%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                                                | SHEARE 9.625 09/15/32 144A                                                 | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9560000 | PA      | $9760482.76   | 0.57%             | 2032-09-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Advantage Sales & Marketing Inc                                                     | ADVSAL 9 11/15/30 144A                                                     | CUSIP: 00775DAC8<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |   6328211 | PA      | $4714516.96   | 0.27%             | 2030-11-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| WESTMORELAND COAL                                                                   | WESTMORELAND COAL                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4238 | NS      | $3178.76      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CLYDESDALE ACQUISITION                                                              | CLYDESDALE ACQUISITION HOLDINGS INC                                        | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |   2552684 | PA      | $2388531.52   | 0.14%             | 2032-04-01      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| TreeHouse Foods, Inc.                                                               | THS 7.75 02/11/33 144A                                                     | CUSIP: 456142AA6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |   2153000 | PA      | $2177227.49   | 0.13%             | 2033-02-11      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings Llc                                                            | CE 7.375 02/15/34                                                          | CUSIP: 15089QBD5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  10274000 | PA      | $10534846.59  | 0.61%             | 2034-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                             | ISATLN 9 09/15/29 144A                                                     | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |  14985000 | PA      | $15761073.15  | 0.91%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCE LLC / JFIN CO-ISSUER CORP                                         | JEFFIN 6.625 10/15/31 144A                                                 | CUSIP: 47232MAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13600000 | PA      | $12978942.40  | 0.75%             | 2031-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Brandywine Operating Partnership L.P.                                               | BDN 8.875 04/12/29                                                         | CUSIP: 105340AS2<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              | CORP              | US        |   2265000 | PA      | $2301548.04   | 0.13%             | 2029-04-12      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ELMWOOD CLO 17 LTD                                                                  | ELM17 2022-4A ER                                                           | CUSIP: 29003GAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1857692.00   | 0.11%             | 2037-07-17      | Floating      | 9.37%                 | No            |                  2 | On Loan: No      |
| Ardonagh Finco Ltd.                                                                 | ARDGRP 7.75 02/15/31 144A                                                  | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |  16665000 | PA      | $16872595.91  | 0.98%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Sable International Finance Limited                                                 | CWCLN 7.125 10/15/32 144A                                                  | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |  13695000 | PA      | $13541121.61  | 0.78%             | 2032-10-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO 2018-1 LTD                                                        | PLMRS 2018-1A DR                                                           | CUSIP: 69689GAE7<br>LEI: 549300A8L0VCZ9626397 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $931204.00    | 0.05%             | 2037-04-20      | Floating      | 10.61%                | No            |                  2 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                             | HILCRP 6 02/01/31 144A                                                     | CUSIP: 431318AV6<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   2330000 | PA      | $2266220.44   | 0.13%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                             | VENLNG 9.875 02/01/32 144A                                                 | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |  17015000 | PA      | $18282243.17  | 1.06%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Michaels Companies Inc.                                                             | MIK 11 03/15/34 144A                                                       | CUSIP: 59408QAA4<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   2071000 | PA      | $1930860.40   | 0.11%             | 2034-03-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Archrock Partners LP/Archrock Partners Finance Corp                                 | AROC 6.625 09/01/32 144A                                                   | CUSIP: 03959KAD2<br>LEI: 549300YFKOM2XNCKQU76 | Long             | DBT              | CORP              | US        |   7980000 | PA      | $8141355.60   | 0.47%             | 2032-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Resideo Funding Inc.                                                                | REZI 6.5 07/15/32 144A                                                     | CUSIP: 76119LAD3<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |  11765000 | PA      | $11606485.45  | 0.67%             | 2032-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                             | HILCRP 6.25 04/15/32 144A                                                  | CUSIP: 431318AZ7<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |  10220000 | PA      | $9898463.47   | 0.57%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CMG MEDIA CORP                                                                      | CMGMCO 8.875 06/18/29 144A                                                 | CUSIP: 125773AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14477000 | PA      | $12589532.17  | 0.73%             | 2029-06-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| NOVA Chemicals Corp.                                                                | NCX 9 02/15/30 144A                                                        | CUSIP: 66977WAU3<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |  12770000 | PA      | $13496906.71  | 0.78%             | 2030-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Genmab AS And Genmab Finance LLC                                                    | GMABDC 7.25 12/15/33 144A                                                  | CUSIP: 37230JAB8<br>LEI: 529900MTJPDPE4MHJ122 | Long             | DBT              | CORP              | DK        |   2015000 | PA      | $2111006.69   | 0.12%             | 2033-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DIRECTV                                                                             | DIRECTV Term Loan B (Incremental) 550 2031-02-01                           | CUSIP: 25460HAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3259750 | PA      | $3267390.85   | 0.19%             | 2031-02-18      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| Sound Point Clo 2025R-1 Ltd.                                                        | SNDPT 2025-1RA E                                                           | CUSIP: 83617HAA1<br>LEI: 25490031SR8APTVC6E71 | Long             | ABS-CBDO         | CORP              | KY        |   1600000 | PA      | $1441236.80   | 0.08%             | 2038-02-22      | Floating      | 11.24%                | No            |                  2 | On Loan: No      |
| Pennymac Financial Services Inc                                                     | PFSI 6.875 05/15/32 144A                                                   | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   5840000 | PA      | $5641541.03   | 0.33%             | 2032-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Synergy Infrastructure Holdings LLC                                                 | SYNRGY 7.875 12/01/30 144a                                                 | CUSIP: 87191JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4125000 | PA      | $4215019.88   | 0.24%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OCP CLO 2019-17 LTD                                                                 | OCP 2019-17A ER2                                                           | CUSIP: 67113MAG9<br>LEI: 2549003HLFPQ7ATPYA23 | Long             | ABS-CBDO         | CORP              | KY        |   3200000 | PA      | $3005769.60   | 0.17%             | 2037-07-20      | Floating      | 9.92%                 | No            |                  2 | On Loan: No      |
| Albion Financing 1 S.a.r.l.                                                         | AGKLN 7 05/21/30 144A                                                      | CUSIP: 01330AAA4<br>LEI: 259400W9CABUZBRDLP97 | Long             | DBT              | CORP              | LU        |   5725000 | PA      | $5855398.33   | 0.34%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS V6.85 PERP 144A                                                        | CUSIP: 902613BN7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   2775000 | PA      | $2751757.99   | 0.16%             | N/A             | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| USALCO                                                                              | USALCO Term Loan B 350 2031-09-01                                          | CUSIP: 91732NAN3<br>LEI: 5493006WBYB0CYPCSG20 | Long             | LON              | CORP              | US        |   5600070 | PA      | $5593070.06   | 0.32%             | 2031-09-30      | Floating      | 7.17%                 | 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        |   4024000 | PA      | $4254635.56   | 0.25%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Outfront Media Capital LLC / Outfront Media Capital Corp                            | OUT 7.375 02/15/31 144A                                                    | CUSIP: 69007TAG9<br>LEI: 5493005WC7J0FDMW0610 | Long             | DBT              | CORP              | US        |   2335000 | PA      | $2436054.13   | 0.14%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Trivium Packaging Finance BV                                                        | TRIVIU 8.25 07/15/30 144A                                                  | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |   1909000 | PA      | $1998824.18   | 0.12%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                                                | SHEARE 7.875 03/01/31 144A                                                 | CUSIP: 31659AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6406000 | PA      | $6527028.56   | 0.38%             | 2031-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                    | CHTR 7 02/01/33 144A                                                       | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  23225000 | PA      | $23312077.49  | 1.35%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Atlantica Sustainable Infrastructure Group PLC                                      | AY 6.375 02/15/32 144A                                                     | CUSIP: 13005HAA8<br>LEI: 254900V5SMQ1UP1CLC26 | Long             | DBT              | CORP              | GB        |   9177000 | PA      | $8972117.97   | 0.52%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Snap Inc                                                                            | SNAP 6.875 03/01/33 144A                                                   | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |  12620000 | PA      | $11927038.32  | 0.69%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                    | GEL 7.875 05/15/32                                                         | CUSIP: 37185LAQ5<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |   3320000 | PA      | $3416512.40   | 0.20%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                           | BlackRock Liquidity Funds FEDFUND INSTL                                    | CUSIP: 09248U700<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  13966141 | NS      | $13966141.32  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                                                         | VST V8 PERP 144A                                                           | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |  17255000 | PA      | $17448514.83  | 1.01%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Pennymac Financial Services Inc                                                     | PFSI 6.875 02/15/33 144A                                                   | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   8960000 | PA      | $8580516.22   | 0.50%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND XX LTD                                                       | ATCLO 2022-20A D1R                                                         | CUSIP: 049410AY9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1752548.00   | 0.10%             | 2037-10-19      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                                  | SANTAN V8 PERP                                                             | CUSIP: 05964HBH7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  19200000 | PA      | $20255193.60  | 1.17%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                            | SVC 8.875 06/15/32                                                         | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2480383.00   | 0.14%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Tenneco                                                                             | Tenneco Term Loan B 500 2028-11-01                                         | CUSIP: 88037HAP9<br>LEI: 549300U0EXXFAQFAD785 | Long             | LON              | CORP              | US        |   6295000 | PA      | $6146803.11   | 0.36%             | 2028-11-17      | Floating      | 8.76%                 | No            |                  2 | On Loan: No      |
| Amerigas Partners, L.P./Amerigas Finance Corp.                                      | APU 9.5 06/01/30 144A                                                      | CUSIP: 030981AP9<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |   3495000 | PA      | $3716747.27   | 0.22%             | 2030-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Univision Communications/Televisa                                                   | Univision Communications/Televisa Term Loan B (Incremental) 425 2029-06-05 | CUSIP: 914908BD9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |   1126339 | PA      | $1123992.92   | 0.07%             | 2029-06-25      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| TOUCAN FINCO LTD                                                                    | TOUCAN 9.5 05/15/30 144A                                                   | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   3884000 | PA      | $3434715.19   | 0.20%             | 2030-05-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| AMMC CLO 23 LTD/LLC                                                                 | AMMC 2020-23A D2R3                                                         | CUSIP: 00177JCE3<br>LEI: 549300ICO4ZE2FVC2Y46 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1979116.00   | 0.11%             | 2038-07-19      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Howden UK Refinance 2 PLC / Howden US Finance LLC                                   | HWDGRP 8.125 02/15/32 144A                                                 | CUSIP: 44287DAA1<br>LEI: 875500O63ODR8S3K5X33 | Long             | DBT              | CORP              | GB        |   8375000 | PA      | $7854617.70   | 0.46%             | 2032-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Carvana Co                                                                          | CVNA 9 06/01/30 144A                                                       | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |   5122650 | PA      | $5332489.11   | 0.31%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Starwood Property Trust, Inc.                                                       | STWD 6.5 07/01/30 144A                                                     | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   4116000 | PA      | $4205848.16   | 0.24%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions Inc.                                                    | BMCAUS 6.5 08/15/32 144A                                                   | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |  13825000 | PA      | $13844382.65  | 0.80%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wand Newco 3 Inc                                                                    | CALCOL 7.625 01/30/32 144A                                                 | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |   9118000 | PA      | $9328005.78   | 0.54%             | 2032-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Form Technologies (fka Dynacast)                                                    | Form Technologies (fka Dynacast) Term Loan B 575 2030-04-15                | CUSIP: 34634FAF6<br>LEI: X7KHAIMGSSPZ1XIJIL51 | Long             | LON              | CORP              | US        |   5825975 | PA      | $5319843.42   | 0.31%             | 2030-07-22      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                                         | SKX 10 07/15/33 144a                                                       | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |   8121444 | PA      | $8655366.90   | 0.50%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corp.                                                      | SOLEIN 7.25 02/15/33 144*                                                  | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |  11290000 | PA      | $10781794.20  | 0.62%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                                                | CROSIN 6.5 10/01/30 144A                                                   | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10900000 | PA      | $10402835.74  | 0.60%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc.                                                 | CCO 7.5 03/15/33 144A                                                      | CUSIP: 18453HAH9<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   6155000 | PA      | $6522718.17   | 0.38%             | 2033-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Cerdia Finanz Gmbh                                                                  | PLATIN 9.375 10/03/31 144A                                                 | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |  13700000 | PA      | $13638761.00  | 0.79%             | 2031-10-03      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Clarios (Power Solutions)                                                           | Clarios (Power Solutions) Term Loan B (Incremental) 275 2032-01-07         | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |   4855600 | PA      | $4849530.50   | 0.28%             | 2032-01-28      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp. / Sealed Air Corp. US                                              | SEE 7.25 02/15/31 144A                                                     | CUSIP: 812127AB4<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   3565000 | PA      | $3740577.32   | 0.22%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                                              | HBGCN 7.375 01/31/32 144A                                                  | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |  13935000 | PA      | $14221893.78  | 0.82%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                                     | GTN 5.375 11/15/31 144A                                                    | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |  13758000 | PA      | $10226940.51  | 0.59%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Voltagrid LLC                                                                       | VOLTAG 7.375 11/01/30 144A                                                 | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |   2116000 | PA      | $2186397.20   | 0.13%             | 2030-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit Clo 2017-2                                                      | BCC 2017-2A ER3                                                            | CUSIP: 05682TAG5<br>LEI: 549300Y1FQZLCX1NO508 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1851560.00   | 0.11%             | 2037-07-27      | Floating      | 11.01%                | No            |                  2 | On Loan: No      |
| Victra Holdings LLC / Victra Finance Corp.                                          | VICTRA 8.75 09/15/29 144A                                                  | CUSIP: 92648DAA4<br>LEI: 549300KWDYQKQSF0MQ18 | Long             | DBT              | CORP              | US        |  16325000 | PA      | $16956336.73  | 0.98%             | 2029-09-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Sesi, L.L.C.                                                                        | SPN 7.875 09/30/30 144A                                                    | CUSIP: 78412FAX2<br>LEI: XDZ56K6RXS5J1ESBZS35 | Long             | DBT              | CORP              | US        |   2175000 | PA      | $2219406.98   | 0.13%             | 2030-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Voyager Parent LLC                                                                  | EVRI 9.25 07/01/32 144A                                                    | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3635936.50   | 0.21%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc.                                                          | CZR 7 02/15/30 144A                                                        | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   8210000 | PA      | $8315375.35   | 0.48%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Trust                                                                 | Goldman Sachs Financial Square Government Fund                             | CUSIP: 38141W273<br>LEI: S2FHCT8U6D2VORP0J605 | Long             | STIV             | RF                | US        |  13966141 | NS      | $13966141.23  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| SYMPHONY CLO 39 LTD                                                                 | SYMP 2023-39A ER                                                           | CUSIP: 87169UAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   3750000 | PA      | $3462671.25   | 0.20%             | 2038-01-25      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc                                                               | RGCARE 11 10/15/30 144A                                                    | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   5395000 | PA      | $5808904.40   | 0.34%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| NEUBERGER BRMN LN ADV 2024-59                                                       | NEUB 2024-59A D2                                                           | CUSIP: 640962AL0<br>LEI: 254900ERHU6RJHYSL744 | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1054618.40   | 0.06%             | 2039-01-24      | Variable      | 7.47%                 | No            |                  2 | On Loan: No      |
| Rakuten Group Inc.                                                                  | RAKUTN 11.25 02/15/27 144A                                                 | CUSIP: 75102WAG3<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   4520000 | PA      | $4683525.92   | 0.27%             | 2027-02-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| CARLYLE US CLO 2021-11 LTD                                                          | CGMS 2021-11A ER                                                           | CUSIP: 143124AG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1838068.00   | 0.11%             | 2037-07-27      | Variable      | 10.17%                | No            |                  2 | On Loan: No      |
| Trivium Packaging Finance BV                                                        | TRIVIU 12.25 01/15/31 144A                                                 | CUSIP: 89686QAC0<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |   9701000 | PA      | $10510926.79  | 0.61%             | 2031-01-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| Midcontinent Communications/Midcontinent Communications Finance Corp                | MIDCON 8 08/15/32 144A                                                     | CUSIP: 59565XAD2<br>LEI: 549300ZI9GDQBS28C408 | Long             | DBT              | CORP              | US        |  13065000 | PA      | $12184872.36  | 0.71%             | 2032-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** IVY FUNDS

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration