# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-072020
**Filing Date:** 2023-3
**Character Count:** 374763
**Document Hash:** 555ed9378cf92e69c609eb289bba5e80
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-072020.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-072020

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23774157

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares ESG Advanced High Yield Corporate Bond ETF (Series ID: S000054184)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000170245 | iShares ESG Advanced High Yield Corporate Bond ETF | HYXF            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares<sup>®</sup> ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Corporate Bonds & Notes** |  |  |
| **Advertising — 1.2%** |  |  |
| Clear Channel Outdoor Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 08/15/27 (Call 08/15/23)<sup>(a)(b)</sup> | $315 | $286940 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/29 (Call 06/01/24)<sup>(a)(b)</sup> | 260 | 211562 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 04/15/28 (Call 04/15/24)<sup>(a)(b)</sup> | 235 | 200145 |
| National CineMedia LLC, 5.88%, 04/15/28 (Call 04/15/23)<sup>(a)(b)</sup> | 110 | 28345 |
| Outfront Media Capital LLC/Outfront Media Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/29 (Call 01/15/24)<sup>(a)</sup> | 115 | 98971 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/30 (Call 03/15/25)<sup>(a)</sup> | 140 | 120288 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/27 (Call 08/15/23)<sup>(a)(b)</sup> | 155 | 143479 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 06/15/25 (Call 06/15/23)<sup>(a)</sup> | 110 | 110725 |
| Stagwell Global LLC, 5.63%, 08/15/29 (Call 08/15/24)<sup>(a)</sup> | 285 | 249845 |
|  |  | 1450300 |
| **Aerospace & Defense — 3.6%** |  |  |
| Howmet Aerospace Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/15/29 (Call 11/15/28)<sup>(b)</sup> | 190 | 165802 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/24 (Call 07/01/24) | 280 | 278967 |
| &nbsp;&nbsp;&nbsp;5.90%, 02/01/27 | 150 | 152587 |
| &nbsp;&nbsp;&nbsp;5.95%, 02/01/37 | 150 | 151281 |
| &nbsp;&nbsp;&nbsp;6.88%, 05/01/25 (Call 04/01/25) | 140 | 144092 |
| Spirit AeroSystems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 06/15/28 (Call 03/15/28)<sup>(b)</sup> | 165 | 140037 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/15/25 (Call 04/15/23)<sup>(a)</sup> | 285 | 285943 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 11/30/29 (Call 11/30/25)<sup>(a)</sup> | 235 | 255226 |
| TransDigm Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 01/15/29 (Call 01/15/24) | 230 | 207623 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/01/29 (Call 05/01/24) | 140 | 126616 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/15/27 (Call 11/15/23) | 535 | 510914 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 03/15/26 (Call 03/15/23)<sup>(a)</sup> | 855 | 854684 |
| &nbsp;&nbsp;&nbsp;6.38%, 06/15/26 (Call 06/15/23) | 175 | 172818 |
| &nbsp;&nbsp;&nbsp;7.50%, 03/15/27 (Call 03/15/23) | 115 | 115880 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 12/15/25 (Call 04/08/23)<sup>(a)</sup> | 205 | 209223 |
| TransDigm UK Holdings PLC, 6.88%, 05/15/26 (Call 05/15/23) | 100 | 99137 |
| Triumph Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 09/15/24 (Call 03/03/23)<sup>(a)</sup> | 125 | 120830 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 08/15/25 (Call 08/15/23)<sup>(b)</sup> | 130 | 110598 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.88%, 06/01/24 (Call 02/01/23)<sup>(a)</sup> | 135 | 137573 |
|  |  | 4239831 |
| **Agriculture — 0.3%** |  |  |
| Darling Ingredients Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/27 (Call 04/15/23)<sup>(a)</sup> | 125 | 121892 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/30 (Call 06/15/25)<sup>(a)</sup> | 247 | 245822 |
|  |  | 367714 |
| **Airlines — 3.3%** |  |  |
| Allegiant Travel Co., 7.25%, 08/15/27 (Call 08/15/24)<sup>(a)</sup> | 135 | 132166 |
| American Airlines Group Inc., 3.75%, 03/01/25<sup>(a)</sup> | 125 | 116858 |
| American Airlines Inc., 11.75%, 07/15/25<sup>(a)</sup> | 600 | 668208 |
| American Airlines Inc./AAdvantage Loyalty IP Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/20/26<sup>(a)</sup> | 850 | 833595 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/20/29<sup>(a)(b)</sup> | 725 | 701858 |
| Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26 (Call 01/20/24)<sup>(a)</sup> | 305 | 291516 |
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd., 8.00%, 09/20/25 (Call 09/20/23)<sup>(a)</sup> | 265 | 270667 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Airlines (continued)** |  |  |
| United Airlines Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/26 (Call 10/15/25)<sup>(a)</sup> | $470 | $446462 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/15/29 (Call 10/15/25)<sup>(a)</sup> | 495 | 451653 |
|  |  | 3912983 |
| **Apparel — 0.7%** |  |  |
| Hanesbrands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/15/24 (Call 02/15/24)<sup>(a)</sup> | 230 | 226145 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/26 (Call 02/15/26)<sup>(a)(b)</sup> | 220 | 205702 |
| Kontoor Brands Inc., 4.13%, 11/15/29 (Call 11/15/24)<sup>(a)(b)</sup> | 114 | 98479 |
| Under Armour Inc., 3.25%, 06/15/26 (Call 03/15/26) | 145 | 132344 |
| William Carter Co. (The), 5.63%, 03/15/27 (Call 03/15/23)<sup>(a)(b)</sup> | 110 | 107329 |
| Wolverine World Wide Inc., 4.00%, 08/15/29 (Call 08/15/24)<sup>(a)(b)</sup> | 125 | 100423 |
|  |  | 870422 |
| **Auto Manufacturers — 0.3%** |  |  |
| Aston Martin Capital Holdings Ltd., 10.50%, 11/30/25 (Call 11/01/24)<sup>(a)</sup> | 275 | 269948 |
| Wabash National Corp., 4.50%, 10/15/28 (Call 10/15/24)<sup>(a)</sup> | 85 | 74795 |
|  |  | 344743 |
| **Auto Parts & Equipment — 0.9%** |  |  |
| Adient Global Holdings Ltd., 4.88%, 08/15/26 (Call 08/15/23)<sup>(a)(b)</sup> | 200 | 189782 |
| American Axle & Manufacturing Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 10/01/29 (Call 10/01/24) | 150 | 123750 |
| &nbsp;&nbsp;&nbsp;6.50%, 04/01/27 (Call 04/01/23) | 130 | 119912 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 85 | 77406 |
| Cooper-Standard Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.63%, 05/15/27 | 110 | 52804 |
| &nbsp;&nbsp;&nbsp;13.50%, 03/31/27 | 160 | 165481 |
| Dana Financing Luxembourg Sarl, 5.75%, 04/15/25 (Call 04/15/23)<sup>(a)</sup> | 95 | 94461 |
| Dana Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 09/01/30 (Call 05/01/26) | 95 | 80551 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/15/27 (Call 11/15/23) | 110 | 104972 |
| &nbsp;&nbsp;&nbsp;5.63%, 06/15/28 (Call 06/15/23) | 110 | 103950 |
|  |  | 1113069 |
| **Banks — 0.2%** |  |  |
| Dresdner Funding Trust I, 8.15%, 06/30/31 (Call 06/30/29)<sup>(a)</sup> | 250 | 271695 |
| **Beverages — 0.1%** |  |  |
| Primo Water Holdings Inc., 4.38%, 04/30/29 (Call 04/30/24)<sup>(a)</sup> | 190 | 166005 |
| **Biotechnology — 0.2%** |  |  |
| Emergent BioSolutions Inc., 3.88%, 08/15/28 (Call 08/15/23)<sup>(a)(b)</sup> | 100 | 43438 |
| Grifols Escrow Issuer SA, 4.75%, 10/15/28 (Call 10/15/24)<sup>(a)</sup> | 190 | 165201 |
|  |  | 208639 |
| **Building Materials — 1.5%** |  |  |
| Boise Cascade Co., 4.88%, 07/01/30 (Call 07/01/25)<sup>(a)</sup> | 95 | 85643 |
| Builders FirstSource Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/32 (Call 08/01/26)<sup>(a)(b)</sup> | 305 | 262452 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/01/30 (Call 03/01/25)<sup>(a)</sup> | 145 | 135329 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 06/15/32 (Call 06/15/27)<sup>(a)(b)</sup> | 165 | 161585 |
| Camelot Return Merger Sub Inc., 8.75%, 08/01/28 (Call 07/22/24)<sup>(a)</sup> | 170 | 159834 |
| Cornerstone Building Brands Inc., 6.13%, 01/15/29 (Call 09/15/23)<sup>(a)</sup> | 90 | 67324 |
| Griffon Corp., 5.75%, 03/01/28 (Call 03/01/23) | 260 | 246173 |
| James Hardie International Finance DAC, 5.00%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 100 | 95555 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Building Materials (continued)** |  |  |
| Jeld-Wen Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/15/25 (Call 03/03/23)<sup>(a)</sup> | $115 | $101767 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 12/15/27 (Call 12/15/23)<sup>(a)(b)</sup> | 90 | 73447 |
| Masonite International Corp., 5.38%, 02/01/28 (Call 02/01/23)<sup>(a)</sup> | 130 | 121926 |
| PGT Innovations Inc., 4.38%, 10/01/29 (Call 08/01/24)<sup>(a)</sup> | 140 | 120781 |
| Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/29 (Call 07/15/23)<sup>(a)</sup> | 165 | 155009 |
|  |  | 1786825 |
| **Chemicals — 1.7%** |  |  |
| Avient Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/15/25 (Call 05/15/23)<sup>(a)</sup> | 170 | 168536 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 08/01/30 (Call 08/01/25)<sup>(a)(b)</sup> | 160 | 161880 |
| Axalta Coating Systems LLC, 3.38%, 02/15/29 (Call 02/15/24)<sup>(a)</sup> | 175 | 150462 |
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Holding B BV, 4.75%, 06/15/27 (Call 06/15/23)<sup>(a)(b)</sup> | 125 | 118090 |
| Diamond BC BV, 4.63%, 10/01/29 (Call 10/01/24)<sup>(a)(b)</sup> | 110 | 92423 |
| Element Solutions Inc., 3.88%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 205 | 181290 |
| Ingevity Corp., 3.88%, 11/01/28 (Call 11/01/23)<sup>(a)(b)</sup> | 125 | 109970 |
| Methanex Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.13%, 10/15/27 (Call 04/15/27) | 180 | 172066 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/15/29 (Call 09/15/29) | 175 | 161717 |
| Rain CII Carbon LLC/CII Carbon Corp., 7.25%, 04/01/25 (Call 04/01/23)<sup>(a)</sup> | 150 | 141405 |
| Rayonier AM Products Inc., 7.63%, 01/15/26 (Call 01/15/24)<sup>(a)</sup> | 109 | 101656 |
| Trinseo Materials Operating SCA/Trinseo Materials |  |  |
| &nbsp;&nbsp;&nbsp;Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/01/29 (Call 04/01/24)<sup>(a)(b)</sup> | 100 | 72217 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 09/01/25 (Call 09/01/23)<sup>(a)(b)</sup> | 125 | 109421 |
| Tronox Inc., 4.63%, 03/15/29 (Call 03/15/24)<sup>(a)</sup> | 280 | 239400 |
|  |  | 1980533 |
| **Commercial Services — 7.3%** |  |  |
| ADT Security Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/01/29 (Call 08/01/28)<sup>(a)</sup> | 235 | 209223 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/32<sup>(a)</sup> | 185 | 165403 |
| AMN Healthcare Inc., 4.63%, 10/01/27 (Call 10/01/23)<sup>(a)(b)</sup> | 115 | 106672 |
| APX Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/29 (Call 07/15/24)<sup>(a)</sup> | 190 | 164551 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 02/15/27 (Call 02/15/23)<sup>(a)</sup> | 150 | 147054 |
| ASGN Inc., 4.63%, 05/15/28 (Call 05/15/23)<sup>(a)</sup> | 135 | 123524 |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/01/28 (Call 04/01/24)<sup>(a)</sup> | 145 | 128212 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/01/29 (Call 03/01/24)<sup>(a)(b)</sup> | 145 | 129718 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/27 (Call 07/15/23)<sup>(a)</sup> | 85 | 79938 |
| Block Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/01/26 (Call 05/01/26)<sup>(b)</sup> | 260 | 236382 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/31 (Call 03/01/31) | 235 | 197170 |
| Brink's Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 10/15/27 (Call 10/15/23)<sup>(a)</sup> | 168 | 157589 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/15/25 (Call 06/18/23)<sup>(a)</sup> | 95 | 93830 |
| Carriage Services Inc., 4.25%, 05/15/29 (Call 05/15/24)<sup>(a)</sup> | 90 | 74026 |
| Cimpress PLC, 7.00%, 06/15/26 (Call 06/15/23)<sup>(a)(b)</sup> | 150 | 104922 |
| Deluxe Corp., 8.00%, 06/01/29 (Call 06/01/24)<sup>(a)</sup> | 110 | 94195 |
| Gartner Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29 (Call 06/15/24)<sup>(a)</sup> | 146 | 131076 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/01/30 (Call 10/01/25)<sup>(a)</sup> | 195 | 172752 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/28 (Call 07/01/23)<sup>(a)</sup> | 200 | 190154 |
| Graham Holdings Co., 5.75%, 06/01/26 (Call 06/01/23)<sup>(a)</sup> | 95 | 93907 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| Grand Canyon University |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 10/01/24 | $142 | $134991 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/28 (Call 08/01/28) | 90 | 85308 |
| HealthEquity Inc., 4.50%, 10/01/29 (Call 10/01/24)<sup>(a)</sup> | 143 | 127952 |
| Herc Holdings Inc., 5.50%, 07/15/27 (Call 07/15/23)<sup>(a)</sup> | 305 | 292138 |
| Hertz Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/26 (Call 12/01/23)<sup>(a)</sup> | 135 | 119946 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/01/29 (Call 12/01/24)<sup>(a)</sup> | 235 | 192061 |
| Korn Ferry, 4.63%, 12/15/27 (Call 12/15/23)<sup>(a)(b)</sup> | 100 | 94029 |
| MoneyGram International Inc., 5.38%, 08/01/26 (Call 08/01/23)<sup>(a)</sup> | 100 | 101769 |
| Picasso Finance Sub Inc., 6.13%, 06/15/25 (Call 06/15/23)<sup>(a)</sup> | 129 | 129548 |
| Prime Security Services Borrower LLC/Prime Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/31/27 (Call 08/31/26)<sup>(a)</sup> | 250 | 222425 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/24<sup>(a)</sup> | 180 | 178510 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/15/26<sup>(a)</sup> | 345 | 339770 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/28 (Call 01/15/24)<sup>(a)(b)</sup> | 305 | 289228 |
| Ritchie Bros. Auctioneers Inc., 5.38%, 01/15/25 (Call 03/03/23)<sup>(a)</sup> | 125 | 124073 |
| Sabre GLBL Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/01/25 (Call 03/03/23)<sup>(a)</sup> | 225 | 222331 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 04/15/25 (Call 03/16/25)<sup>(a)</sup> | 195 | 199152 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.25%, 12/15/27 (Call 06/15/25)<sup>(a)</sup> | 125 | 132494 |
| Service Corp. International/U.S. |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/30 (Call 08/15/25) | 210 | 177316 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/31 (Call 05/15/26) | 195 | 170738 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/15/27 (Call 12/15/23) | 125 | 119448 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/01/29 (Call 06/01/24) | 185 | 177757 |
| Shift4 Payments LLC/Shift4 Payments Finance Sub Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/01/26 (Call 11/01/23)<sup>(a)</sup> | 100 | 94700 |
| Sotheby's, 7.38%, 10/15/27 (Call 10/15/23)<sup>(a)</sup> | 200 | 193396 |
| TriNet Group Inc., 3.50%, 03/01/29 (Call 03/01/24)<sup>(a)</sup> | 140 | 117278 |
| United Rentals North America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 01/15/32 (Call 07/15/26) | 180 | 155642 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/15/27 (Call 03/03/23) | 225 | 213655 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/31 (Call 08/15/25) | 275 | 243463 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/30 (Call 07/15/25) | 175 | 157498 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 405 | 392348 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/30 (Call 01/15/25) | 190 | 183886 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/15/27 (Call 05/15/23)<sup>(b)</sup> | 110 | 109329 |
| Williams Scotsman International Inc., 4.63%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 136 | 126046 |
| WW International Inc., 4.50%, 04/15/29 (Call 04/15/24)<sup>(a)(b)</sup> | 115 | 61726 |
| ZipRecruiter Inc., 5.00%, 01/15/30 (Call 01/15/25)<sup>(a)(b)</sup> | 150 | 131176 |
|  |  | 8611425 |
| **Computers — 2.0%** |  |  |
| Condor Merger Sub Inc., 7.38%, 02/15/30 (Call 02/15/25)<sup>(a)(b)</sup> | 480 | 396931 |
| Crowdstrike Holdings Inc., 3.00%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 185 | 159020 |
| Diebold Nixdorf Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 10/15/26<sup>(b)</sup> | 127 | 65703 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 07/15/25 (Call 02/16/23)<sup>(a)(b)</sup> | 195 | 128324 |
| Exela Intermediate LLC/Exela Finance Inc., 11.50%, 07/15/26 (Call 03/03/23)<sup>(a)</sup> | 347 | 42233 |
| NCR Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/28 (Call 08/20/23)<sup>(a)</sup> | 160 | 142322 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/15/29 (Call 04/15/24)<sup>(a)</sup> | 300 | 261027 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/01/30 (Call 10/01/25)<sup>(a)</sup> | 95 | 82489 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/01/27 (Call 09/01/23)<sup>(a)</sup> | 130 | 126820 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 09/01/29 (Call 09/01/24)<sup>(a)(b)</sup> | 120 | 118841 |
| Seagate HDD Cayman |  |  |
| &nbsp;&nbsp;&nbsp;4.09%, 06/01/29 (Call 03/01/29) | 140 | 124387 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Computers (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 01/01/25 | $120 | $117790 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/24 (Call 01/01/24) | 100 | 98977 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/27 (Call 03/01/27) | 125 | 121274 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/01/34 (Call 06/01/34) | 115 | 105512 |
| &nbsp;&nbsp;&nbsp;9.63%, 12/01/32 | 177 | 199808 |
| Unisys Corp., 6.88%, 11/01/27 (Call 11/01/23)<sup>(a)</sup> | 115 | 87182 |
|  |  | 2378640 |
| **Cosmetics & Personal Care — 0.6%** |  |  |
| Coty Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/26 (Call 04/15/23)<sup>(a)</sup> | 225 | 215534 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 04/15/26 (Call 04/15/23)<sup>(a)(b)</sup> | 125 | 123250 |
| Coty Inc./HFC Prestige Products Inc./HFC Prestige |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;International U.S. LLC, 4.75%, 01/15/29 (Call 01/15/25)<sup>(a)</sup> | 110 | 100390 |
| Edgewell Personal Care Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/01/29 (Call 04/01/24)<sup>(a)(b)</sup> | 120 | 104557 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/01/28 (Call 06/01/23)<sup>(a)</sup> | 190 | 179693 |
|  |  | 723424 |
| **Distribution & Wholesale — 0.2%** |  |  |
| IAA Inc., 5.50%, 06/15/27 (Call 06/15/23)<sup>(a)(b)</sup> | 125 | 125429 |
| Univar Solutions USA Inc., 5.13%, 12/01/27 (Call 12/01/23)<sup>(a)(b)</sup> | 115 | 111657 |
|  |  | 237086 |
| **Diversified Financial Services — 5.2%** |  |  |
| Ally Financial Inc., 5.75%, 11/20/25 (Call 10/20/25)<sup>(b)</sup> | 260 | 258063 |
| Burford Capital Global Finance LLC, 6.25%, 04/15/28 (Call 04/15/24)<sup>(a)</sup> | 90 | 80438 |
| Coinbase Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 10/01/28 (Call 10/01/24)<sup>(a)</sup> | 250 | 161240 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/31 (Call 10/01/26)<sup>(a)</sup> | 250 | 145285 |
| Credit Acceptance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/31/24 (Call 12/31/23)<sup>(a)(b)</sup> | 100 | 93763 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 110 | 100646 |
| Global Aircraft Leasing Co. Ltd., 6.50%, 09/15/24 (Call 09/15/23), (7.25% PIK)<sup>(a)(c)</sup> | 459 | 420825 |
| goeasy Ltd., 5.38%, 12/01/24 (Call 12/01/23)<sup>(a)</sup> | 125 | 119793 |
| LPL Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/29 (Call 03/15/24)<sup>(a)</sup> | 230 | 205829 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/15/31 (Call 05/15/26)<sup>(a)</sup> | 95 | 83242 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/27 (Call 11/15/23)<sup>(a)(b)</sup> | 95 | 90403 |
| Nationstar Mortgage Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/30 (Call 12/15/25)<sup>(a)</sup> | 145 | 117466 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 213 | 186081 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 11/15/31 (Call 11/15/26)<sup>(a)</sup> | 145 | 117608 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/27 (Call 01/15/24)<sup>(a)</sup> | 160 | 148731 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/27 (Call 01/15/24) | 180 | 157226 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/15/28 (Call 09/15/24) | 160 | 134701 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/30 (Call 09/15/25) | 205 | 163395 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 11/15/29 (Call 05/15/29)<sup>(b)</sup> | 180 | 157559 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 03/15/24 (Call 09/15/23)<sup>(b)</sup> | 330 | 327317 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 01/15/28 (Call 07/15/27)<sup>(b)</sup> | 200 | 194666 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/25 | 295 | 294035 |
| &nbsp;&nbsp;&nbsp;7.13%, 03/15/26 | 385 | 382890 |
| PennyMac Financial Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/15/29 (Call 02/15/24)<sup>(a)</sup> | 165 | 135610 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 10/15/25 (Call 10/15/23)<sup>(a)</sup> | 160 | 149234 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/15/31 (Call 09/15/26)<sup>(a)</sup> | 120 | 101038 |
| PRA Group Inc., 8.38%, 02/01/28 | 100 | 100528 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer Inc. 2.88%, 10/15/26 (Call 10/15/23)<sup>(a)</sup> | 275 | 245300 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/01/29 (Call 03/09/23)<sup>(a)</sup> | $180 | $151882 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/01/31 (Call 03/01/26)<sup>(a)</sup> | 315 | 256546 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/15/33 (Call 10/15/27)<sup>(a)</sup> | 210 | 166496 |
| SLM Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 11/02/26 (Call 10/02/26)<sup>(b)</sup> | 125 | 110373 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/29/25 (Call 09/29/25) | 120 | 112382 |
| United Wholesale Mortgage LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/15/25 (Call 11/15/23)<sup>(a)</sup> | 200 | 187544 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/29 (Call 03/30/24)<sup>(a)</sup> | 175 | 150511 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 06/15/27 (Call 06/15/24)<sup>(a)</sup> | 125 | 112248 |
|  |  | 6120894 |
| **Electrical Components & Equipment — 0.8%** |  |  |
| Energizer Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/31/29 (Call 09/30/23)<sup>(a)</sup> | 195 | 169030 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/15/28 (Call 07/01/23)<sup>(a)</sup> | 145 | 129775 |
| WESCO Distribution Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 06/15/25 (Call 06/15/23)<sup>(a)</sup> | 360 | 365728 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 06/15/28 (Call 06/15/23)<sup>(a)</sup> | 320 | 329123 |
|  |  | 993656 |
| **Electronics — 1.1%** |  |  |
| Atkore Inc., 4.25%, 06/01/31 (Call 06/01/26)<sup>(a)</sup> | 85 | 74719 |
| II-VI Inc., 5.00%, 12/15/29 (Call 12/15/24)<sup>(a)(b)</sup> | 255 | 233144 |
| Sensata Technologies BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 03/18/24)<sup>(a)</sup> | 250 | 224388 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/25<sup>(a)</sup> | 160 | 158207 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 11/01/24<sup>(a)</sup> | 100 | 100335 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/01/30 (Call 09/01/25)<sup>(a)(b)</sup> | 125 | 122646 |
| Sensata Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(a)</sup> | 175 | 149387 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/30 (Call 11/15/29)<sup>(a)</sup> | 105 | 95054 |
| TTM Technologies Inc., 4.00%, 03/01/29 (Call 03/01/24)<sup>(a)</sup> | 140 | 122311 |
|  |  | 1280191 |
| **Energy - Alternate Sources — 0.2%** |  |  |
| Enviva Partners LP/Enviva Partners Finance Corp., 6.50%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;01/15/26 (Call 11/15/23)<sup>(a)(b)</sup> | 125 | 117059 |
| Sunnova Energy Corp., 5.88%, 09/01/26 (Call 09/01/23)<sup>(a)</sup> | 115 | 103506 |
|  |  | 220565 |
| **Engineering & Construction — 0.7%** |  |  |
| AECOM, 5.13%, 03/15/27 (Call 12/15/26) | 255 | 250535 |
| Arcosa Inc., 4.38%, 04/15/29 (Call 04/15/24)<sup>(a)</sup> | 95 | 84831 |
| Cellnex Finance Co. SA, 3.88%, 07/07/41 (Call 04/07/41)<sup>(a)</sup> | 150 | 111339 |
| Dycom Industries Inc., 4.50%, 04/15/29 (Call 04/15/24)<sup>(a)</sup> | 120 | 107324 |
| TopBuild Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/15/29 (Call 03/15/24)<sup>(a)</sup> | 115 | 98158 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/32 (Call 10/15/26)<sup>(a)(b)</sup> | 120 | 101791 |
| Tutor Perini Corp., 6.88%, 05/01/25 (Call 05/01/23)<sup>(a)</sup> | 125 | 111348 |
|  |  | 865326 |
| **Entertainment — 2.2%** |  |  |
| AMC Entertainment Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 02/15/29 (Call 02/15/25)<sup>(a)</sup> | 235 | 137971 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.00%, 06/15/26 (Call 06/15/23), (12.00% PIK)<sup>(a)(c)</sup> | 350 | 176277 |
| Cedar Fair LP, 5.25%, 07/15/29 (Call 07/15/24) | 119 | 109476 |
| Cedar Fair LP/Canada's Wonderland Co./Magnum |  |  |
| &nbsp;&nbsp;&nbsp;Management Corp./Millennium Op |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/15/27 (Call 04/15/23)<sup>(b)</sup> | 120 | 116122 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/01/25 (Call 05/01/23)<sup>(a)</sup> | 265 | 263171 |
| Cinemark USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/15/28 (Call 07/15/24)<sup>(a)(b)</sup> | 185 | 151709 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/26 (Call 03/15/23)<sup>(a)(b)</sup> | 115 | 103354 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Entertainment (continued)** |  |  |
| Lions Gate Capital Holdings LLC, 5.50%, 04/15/29 (Call 03/23/24)<sup>(a)(b)</sup> | $245 | $159130 |
| Merlin Entertainments Ltd., 5.75%, 06/15/26 (Call 03/17/26)<sup>(a)</sup> | 95 | 90558 |
| Motion Bondco DAC, 6.63%, 11/15/27 (Call 11/15/23)<sup>(a)(b)</sup> | 100 | 90402 |
| Odeon Finco PLC, 12.75%, 11/01/27 (Call 11/01/24)<sup>(a)(b)</sup> | 100 | 92179 |
| SeaWorld Parks & Entertainment Inc., 5.25%, 08/15/29 (Call 08/15/24)<sup>(a)</sup> | 175 | 158855 |
| Six Flags Entertainment Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/31/24 (Call 03/03/23)<sup>(a)(b)</sup> | 245 | 239764 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/27 (Call 04/15/23)<sup>(a)(b)</sup> | 110 | 103821 |
| Vail Resorts Inc., 6.25%, 05/15/25 (Call 03/03/23)<sup>(a)</sup> | 150 | 150833 |
| WMG Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/15/31 (Call 02/15/26)<sup>(a)</sup> | 200 | 165608 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/01/29 (Call 12/01/24)<sup>(a)</sup> | 150 | 131369 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/15/30 (Call 07/15/25)<sup>(a)</sup> | 120 | 105743 |
|  |  | 2546342 |
| **Environmental Control — 0.3%** |  |  |
| Clean Harbors Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/27 (Call 07/15/23)<sup>(a)</sup> | 129 | 124439 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 02/01/31 (Call 02/01/26)<sup>(a)</sup> | 15 | 15280 |
| Covanta Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 12/01/29 (Call 12/01/24)<sup>(a)</sup> | 195 | 170414 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/01/30 (Call 09/01/25) | 100 | 85359 |
|  |  | 395492 |
| **Food — 2.4%** |  |  |
| B&G Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/01/25 (Call 04/01/23)<sup>(b)</sup> | 220 | 200816 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 09/15/27 (Call 03/01/23)<sup>(b)</sup> | 134 | 108320 |
| Lamb Weston Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/31/30 (Call 01/31/25)<sup>(a)</sup> | 225 | 202833 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/31/32 (Call 01/31/27)<sup>(a)(b)</sup> | 165 | 147657 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/28 (Call 11/15/27)<sup>(a)</sup> | 130 | 125762 |
| Post Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/31 (Call 09/15/26)<sup>(a)(b)</sup> | 320 | 275994 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/15/30 (Call 04/15/25)<sup>(a)</sup> | 365 | 321211 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/15/29 (Call 12/15/24)<sup>(a)</sup> | 315 | 292270 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/15/28 (Call 12/01/23)<sup>(a)(b)</sup> | 232 | 224098 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 03/01/27 (Call 03/01/23)<sup>(a)</sup> | 118 | 116353 |
| TreeHouse Foods Inc., 4.00%, 09/01/28 (Call 09/01/23) | 135 | 114103 |
| U.S. Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/30 (Call 06/01/25)<sup>(a)</sup> | 115 | 103540 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/29 (Call 02/15/24)<sup>(a)</sup> | 220 | 201621 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 04/15/25 (Call 04/15/23)<sup>(a)</sup> | 260 | 260338 |
| United Natural Foods Inc., 6.75%, 10/15/28 (Call 10/15/23)<sup>(a)</sup> | 113 | 109106 |
|  |  | 2804022 |
| **Food Service — 0.7%** |  |  |
| Aramark Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/01/25 (Call 04/01/23)<sup>(a)</sup> | 165 | 162609 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/28 (Call 02/01/23)<sup>(a)</sup> | 275 | 259441 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 05/01/25 (Call 05/01/23)<sup>(a)</sup> | 375 | 374970 |
|  |  | 797020 |
| **Forest Products & Paper — 0.4%** |  |  |
| Domtar Corp., 6.75%, 10/01/28 (Call 10/01/24)<sup>(a)</sup> | 150 | 138209 |
| Glatfelter Corp., 4.75%, 11/15/29 (Call 11/01/24)<sup>(a)(b)</sup> | 115 | 80579 |
| Mercer International Inc., 5.13%, 02/01/29 (Call 02/01/24) | 210 | 179686 |
| Sylvamo Corp., 7.00%, 09/01/29 (Call 09/01/24)<sup>(a)(b)</sup> | 125 | 119750 |
|  |  | 518224 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Products — 1.0%** |  |  |
| Avantor Funding Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/01/29 (Call 11/01/24)<sup>(a)(b)</sup> | $195 | $172421 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 07/15/28 (Call 07/15/23)<sup>(a)</sup> | 380 | 358146 |
| Embecta Corp., 5.00%, 02/15/30 (Call 02/15/27)<sup>(a)(b)</sup> | 110 | 90586 |
| Hologic Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/15/29 (Call 09/28/23)<sup>(a)</sup> | 235 | 206922 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 02/01/28 (Call 02/01/23)<sup>(a)</sup> | 110 | 105267 |
| Teleflex Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/01/28 (Call 06/01/23)<sup>(a)</sup> | 115 | 106227 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/15/27 (Call 11/15/23) | 135 | 128975 |
|  |  | 1168544 |
| **Health Care - Services — 3.2%** |  |  |
| Acadia Healthcare Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/29 (Call 10/15/23)<sup>(a)</sup> | 105 | 98213 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/01/28 (Call 07/01/23)<sup>(a)</sup> | 115 | 110732 |
| Catalent Pharma Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 02/15/29 (Call 02/15/24)<sup>(a)(b)</sup> | 130 | 107869 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/30 (Call 04/01/25)<sup>(a)(b)</sup> | 155 | 128064 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/27 (Call 07/15/23)<sup>(a)</sup> | 120 | 113988 |
| Charles River Laboratories International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/15/29 (Call 03/15/24)<sup>(a)</sup> | 120 | 107113 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/31 (Call 03/15/26)<sup>(a)</sup> | 135 | 119366 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/01/28 (Call 05/01/23)<sup>(a)</sup> | 114 | 105642 |
| DaVita Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(a)</sup> | 360 | 279860 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/30 (Call 06/01/25)<sup>(a)</sup> | 675 | 568667 |
| Encompass Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 200 | 186740 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/01/31 (Call 03/30/26) | 110 | 97147 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/30 (Call 02/01/25)<sup>(b)</sup> | 195 | 178725 |
| IQVIA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/26 (Call 10/15/23)<sup>(a)</sup> | 250 | 243675 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/15/27 (Call 05/15/23)<sup>(a)</sup> | 275 | 267352 |
| ModivCare Inc., 5.88%, 11/15/25 (Call 11/15/23)<sup>(a)</sup> | 115 | 111289 |
| Molina Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/15/30 (Call 08/17/30)<sup>(a)(b)</sup> | 155 | 133387 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/15/32 (Call 02/15/32)<sup>(a)(b)</sup> | 190 | 159372 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/15/28 (Call 06/15/23)<sup>(a)(b)</sup> | 200 | 185024 |
| Pediatrix Medical Group Inc., 5.38%, 02/15/30 (Call 02/15/25)<sup>(a)(b)</sup> | 110 | 97317 |
| Select Medical Corp., 6.25%, 08/15/26 (Call 08/15/23)<sup>(a)</sup> | 310 | 302737 |
| Syneos Health Inc., 3.63%, 01/15/29 (Call 01/15/24)<sup>(a)</sup> | 150 | 121332 |
|  |  | 3823611 |
| **Holding Companies - Diversified — 0.2%** |  |  |
| Compass Group Diversified Holdings LLC, 5.25%, 04/15/29 (Call 04/15/24)<sup>(a)</sup> | 260 | 234117 |
| **Home Builders — 0.8%** |  |  |
| Century Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/29 (Call 02/15/29)<sup>(a)</sup> | 120 | 100970 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 06/01/27 (Call 06/01/23)<sup>(b)</sup> | 135 | 133626 |
| Meritage Homes Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/29 (Call 10/15/28)<sup>(a)</sup> | 105 | 93029 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/01/25 (Call 03/01/25)<sup>(b)</sup> | 111 | 111513 |
| Taylor Morrison Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 08/01/30 (Call 02/01/30)<sup>(a)</sup> | 140 | 127974 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/28 (Call 10/15/27)<sup>(a)</sup> | 106 | 102862 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/15/27 (Call 03/15/27)<sup>(a)</sup> | 115 | 113119 |
| Thor Industries Inc., 4.00%, 10/15/29 (Call 10/15/24)<sup>(a)(b)</sup> | 135 | 112232 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Home Builders (continued)** |  |  |
| TRI Pointe Group Inc./TRI Pointe Homes Inc., 5.88%, 06/15/24 | $105 | $104773 |
|  |  | 1000098 |
| **Home Furnishings — 0.3%** |  |  |
| Tempur Sealy International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/15/31 (Call 10/15/26)<sup>(a)</sup> | 185 | 152618 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 04/15/24)<sup>(a)(b)</sup> | 205 | 179053 |
|  |  | 331671 |
| **Household Products & Wares — 0.3%** |  |  |
| ACCO Brands Corp., 4.25%, 03/15/29 (Call 03/15/24)<sup>(a)(b)</sup> | 135 | 116779 |
| Spectrum Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/15/31 (Call 03/15/26)<sup>(a)(b)</sup> | 135 | 108872 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/25 (Call 07/15/23)<sup>(b)</sup> | 107 | 106194 |
|  |  | 331845 |
| **Housewares — 0.9%** |  |  |
| Newell Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.45%, 04/01/26 (Call 01/01/26) | 495 | 470205 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/25 (Call 05/01/25) | 115 | 112368 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/01/36 (Call 10/01/35) | 113 | 100622 |
| &nbsp;&nbsp;&nbsp;5.75%, 04/01/46 (Call 10/01/45) | 155 | 129059 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 09/15/27 (Call 06/15/27)<sup>(b)</sup> | 120 | 120648 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 09/15/29 (Call 06/15/29)<sup>(b)</sup> | 110 | 111515 |
|  |  | 1044417 |
| **Insurance — 0.7%** |  |  |
| Assurant Inc., 7.00%, 03/27/48 (Call 03/27/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 4.135%)<sup>(d)</sup> | 95 | 95307 |
| Enstar Finance LLC, 5.50%, 01/15/42 (Call 01/15/27)<sup>(d)</sup> | 125 | 103091 |
| Liberty Mutual Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/15/51 (Call 12/15/26)<sup>(a)(d)</sup> | 135 | 115409 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 02/01/61 (Call 02/03/26)<sup>(a)</sup> | 205 | 134144 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.80%, 03/07/87<sup>(a)</sup> | 95 | 105496 |
| MGIC Investment Corp., 5.25%, 08/15/28 (Call 08/15/23) | 155 | 146058 |
| NMI Holdings Inc., 7.38%, 06/01/25 (Call 03/30/25)<sup>(a)</sup> | 85 | 85961 |
|  |  | 785466 |
| **Internet — 3.8%** |  |  |
| Cablevision Lightpath LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/15/27 (Call 09/15/23)<sup>(a)</sup> | 125 | 106795 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/15/28 (Call 09/15/23)<sup>(a)</sup> | 100 | 76649 |
| Cars.com Inc., 6.38%, 11/01/28 (Call 11/01/23)<sup>(a)(b)</sup> | 90 | 83526 |
| Cogent Communications Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/01/26 (Call 02/01/26)<sup>(a)</sup> | 135 | 125090 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 06/15/27 (Call 06/15/24)<sup>(a)</sup> | 104 | 103043 |
| Gen Digital Inc., 5.00%, 04/15/25 (Call 02/13/23)<sup>(a)</sup> | 275 | 269643 |
| Go Daddy Operating Co. LLC/GD Finance Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/29 (Call 03/01/24)<sup>(a)</sup> | 200 | 173002 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/01/27 (Call 06/01/23)<sup>(a)(b)</sup> | 140 | 135610 |
| GrubHub Holdings Inc., 5.50%, 07/01/27 (Call 07/01/23)<sup>(a)</sup> | 110 | 88304 |
| Netflix Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/25 (Call 03/15/25)<sup>(a)</sup> | 125 | 121110 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/15/26 | 200 | 198802 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/15/28 | 400 | 399660 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/15/30 (Call 03/15/30)<sup>(a)(b)</sup> | 235 | 232582 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 11/15/29<sup>(a)</sup> | 225 | 227900 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 03/01/24<sup>(b)</sup> | 50 | 50536 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/15/25 | 200 | 203446 |
| &nbsp;&nbsp;&nbsp;5.88%, 11/15/28 | 470 | 489340 |
| &nbsp;&nbsp;&nbsp;6.38%, 05/15/29 | 200 | 214472 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Internet (continued)** |  |  |
| NortonLifeLock Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/30/27 (Call 09/30/24)<sup>(a)</sup> | $220 | $223082 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 09/30/30 (Call 09/30/25)<sup>(a)(b)</sup> | 140 | 142090 |
| Rakuten Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, (Call 04/22/26)<sup>(a)(d)(e)</sup> | 200 | 176000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, (Call 04/22/31)<sup>(a)(d)(e)</sup> | 250 | 202892 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.25%, 11/30/24<sup>(a)(b)</sup> | 150 | 152316 |
| TripAdvisor Inc., 7.00%, 07/15/25 (Call 07/15/23)<sup>(a)</sup> | 135 | 135614 |
| Ziff Davis Inc., 4.63%, 10/15/30 (Call 10/15/25)<sup>(a)(b)</sup> | 125 | 110659 |
|  |  | 4442163 |
| **Iron & Steel — 0.8%** |  |  |
| Carpenter Technology Corp., 6.38%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 110 | 108397 |
| Cleveland-Cliffs Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.88%, 06/01/27 (Call 06/01/23) | 135 | 132728 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/15/26 (Call 03/15/23)<sup>(a)</sup> | 200 | 203084 |
| Mineral Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/01/27 (Call 11/01/24)<sup>(a)</sup> | 145 | 148944 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 05/01/27 (Call 05/01/23)<sup>(a)</sup> | 175 | 176458 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 05/01/30 (Call 05/01/25)<sup>(a)</sup> | 150 | 155364 |
|  |  | 924975 |
| **Leisure Time — 2.7%** |  |  |
| NCL Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 12/15/24 (Call 12/15/23)<sup>(a)</sup> | 150 | 140814 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/26 (Call 12/15/25)<sup>(a)</sup> | 350 | 302739 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/15/27 (Call 02/15/24)<sup>(a)</sup> | 250 | 232775 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 02/15/29 (Call 11/15/28)<sup>(a)</sup> | 150 | 128879 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 02/01/28 (Call 02/01/25)<sup>(a)</sup> | 75 | 76251 |
| NCL Finance Ltd., 6.13%, 03/15/28 (Call 12/15/27)<sup>(a)(b)</sup> | 125 | 101588 |
| Royal Caribbean Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 03/15/28 (Call 12/15/27)<sup>(b)</sup> | 115 | 90664 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/01/26 (Call 01/01/26)<sup>(a)(b)</sup> | 160 | 138765 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 07/15/27 (Call 10/15/26)<sup>(a)</sup> | 247 | 214613 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/31/26 (Call 02/28/26)<sup>(a)</sup> | 240 | 214694 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/01/28 (Call 09/29/27)<sup>(a)</sup> | 360 | 309694 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 01/15/29 (Call 04/01/25)<sup>(a)(b)</sup> | 250 | 261183 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 01/15/29 (Call 04/01/25)<sup>(a)</sup> | 250 | 264232 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.50%, 06/01/25 (Call 06/01/23)<sup>(a)</sup> | 330 | 354077 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.63%, 08/15/27 (Call 08/15/24)<sup>(a)(b)</sup> | 315 | 334372 |
|  |  | 3165340 |
| **Lodging — 2.1%** |  |  |
| Hilton Domestic Operating Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/32 (Call 08/15/26)<sup>(a)</sup> | 360 | 301147 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/01/29 (Call 05/01/24)<sup>(a)(b)</sup> | 195 | 173279 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/31 (Call 05/01/26)<sup>(a)</sup> | 275 | 238703 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 247 | 232691 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 05/01/25 (Call 05/01/23)<sup>(a)</sup> | 130 | 129450 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/01/28 (Call 05/01/23)<sup>(a)</sup> | 105 | 104116 |
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand |  |  |
| &nbsp;&nbsp;&nbsp;Vacations Borrower Esc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/01/31 (Call 07/01/26)<sup>(a)</sup> | 120 | 104012 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/01/29 (Call 06/01/24)<sup>(a)(b)</sup> | 210 | 187730 |
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance |  |  |
| &nbsp;&nbsp;&nbsp;Corp., 4.88%, 04/01/27 (Call 04/01/23) | 150 | 145337 |
| Marriott Ownership Resorts Inc., 4.50%, 06/15/29 (Call 06/15/24)<sup>(a)</sup> | 120 | 104671 |
| Studio City Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/29 (Call 01/15/24)<sup>(a)</sup> | 250 | 203067 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/15/28 (Call 07/15/23)<sup>(a)</sup> | 225 | 203395 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Lodging (continued)** |  |  |
| Travel + Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/29 (Call 09/01/29)<sup>(a)</sup> | $165 | $142416 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/01/27 (Call 01/01/27) | 95 | 93164 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 07/31/26 (Call 04/30/26)<sup>(a)(b)</sup> | 160 | 158826 |
|  |  | 2522004 |
| **Machinery — 1.1%** |  |  |
| Chart Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/01/30 (Call 01/01/26)<sup>(a)</sup> | 350 | 357532 |
| &nbsp;&nbsp;&nbsp;9.50%, 01/01/31 | 145 | 151332 |
| Mueller Water Products Inc., 4.00%, 06/15/29 (Call 06/15/24)<sup>(a)</sup> | 101 | 90180 |
| SPX FLOW Inc., 8.75%, 04/01/30 (Call 04/01/25)<sup>(a)(b)</sup> | 110 | 90973 |
| Stevens Holding Co. Inc., 6.13%, 10/01/26 (Call 10/01/23)<sup>(a)</sup> | 100 | 101479 |
| Terex Corp., 5.00%, 05/15/29 (Call 05/15/24)<sup>(a)(b)</sup> | 145 | 135363 |
| Vertiv Group Corp., 4.13%, 11/15/28 (Call 11/15/24)<sup>(a)(b)</sup> | 210 | 182675 |
| Weir Group PLC (The), 2.20%, 05/13/26 (Call 04/13/26)<sup>(a)</sup> | 200 | 178986 |
|  |  | 1288520 |
| **Manufacturing — 0.3%** |  |  |
| Gates Global LLC/Gates Corp., 6.25%, 01/15/26 (Call 01/15/24)<sup>(a)(b)</sup> | 150 | 147771 |
| Hillenbrand Inc., 5.75%, 06/15/25 (Call 06/15/23) | 100 | 100505 |
| Trinity Industries Inc., 4.55%, 10/01/24 (Call 07/01/24) | 112 | 108282 |
|  |  | 356558 |
| **Media — 11.4%** |  |  |
| Cable One Inc., 4.00%, 11/15/30 (Call 11/15/25)<sup>(a)(b)</sup> | 155 | 128199 |
| CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/34 (Call 01/15/28)<sup>(a)</sup> | 175 | 136782 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/33 (Call 06/01/27)<sup>(a)(b)</sup> | 450 | 365647 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/01/30 (Call 09/01/24)<sup>(a)</sup> | 525 | 459091 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/32 (Call 02/01/27)<sup>(a)</sup> | 425 | 361148 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/01/27 (Call 05/01/23)<sup>(a)</sup> | 375 | 357341 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 09/01/29 (Call 09/01/25)<sup>(a)</sup> | 550 | 530651 |
| &nbsp;&nbsp;&nbsp;7.38%, 03/01/31 | 175 | 174774 |
| CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/15/31 (Call 02/15/26)<sup>(a)</sup> | 200 | 139504 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/01/30 (Call 12/01/25)<sup>(a)(b)</sup> | 225 | 165175 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/15/31 (Call 11/15/26)<sup>(a)</sup> | 300 | 221025 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/30 (Call 12/01/25)<sup>(a)</sup> | 450 | 266117 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/15/31 (Call 11/15/26)<sup>(a)</sup> | 100 | 59791 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/01/24<sup>(b)</sup> | 140 | 137158 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/28 (Call 02/01/23)<sup>(a)</sup> | 200 | 168008 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/27 (Call 04/15/23)<sup>(a)(b)</sup> | 275 | 242099 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/30 (Call 01/15/25)<sup>(a)</sup> | 450 | 283775 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/01/29 (Call 02/01/24)<sup>(a)</sup> | 525 | 454771 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/01/28 (Call 04/01/23)<sup>(a)</sup> | 225 | 164372 |
| Diamond Sports Group LLC/Diamond Sports Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 08/15/26 (Call 08/15/23)<sup>(a)</sup> | 800 | 58312 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 08/15/27 (Call 08/15/23)<sup>(a)</sup> | 120 | 2442 |
| GCI LLC, 4.75%, 10/15/28 (Call 10/15/23)<sup>(a)</sup> | 165 | 144966 |
| Gray Escrow II Inc., 5.38%, 11/15/31 (Call 11/15/26)<sup>(a)(b)</sup> | 330 | 253796 |
| Gray Television Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/15/30 (Call 10/15/25)<sup>(a)(b)</sup> | 195 | 145620 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 07/15/26 (Call 07/15/23)<sup>(a)</sup> | 165 | 151277 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/15/27 (Call 05/15/23)<sup>(a)(b)</sup> | 175 | 159038 |
| iHeartCommunications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 01/15/24)<sup>(a)(b)</sup> | 130 | 111228 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/15/27 (Call 08/15/23)<sup>(a)</sup> | 180 | 161377 |
| &nbsp;&nbsp;&nbsp;6.38%, 05/01/26 (Call 05/01/23) | 180 | 172595 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 05/01/27 (Call 05/01/23)<sup>(b)</sup> | 315 | 282394 |
| Liberty Interactive LLC, 8.25%, 02/01/30 | 125 | 58379 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Media (continued)** |  |  |
| McGraw-Hill Education Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 08/01/28 (Call 08/01/24)<sup>(a)</sup> | $220 | $193796 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 08/01/29 (Call 08/01/24)<sup>(a)</sup> | 175 | 150050 |
| Nexstar Media Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 11/01/28 (Call 11/01/23)<sup>(a)(b)</sup> | 250 | 225085 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/27 (Call 07/15/23)<sup>(a)</sup> | 440 | 419179 |
| Scripps Escrow II Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/29 (Call 01/15/24)<sup>(a)</sup> | 135 | 113250 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 01/15/31 (Call 01/15/26)<sup>(a)(b)</sup> | 115 | 92762 |
| Scripps Escrow Inc., 5.88%, 07/15/27 (Call 07/15/23)<sup>(a)(b)</sup> | 100 | 89318 |
| Sinclair Television Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/01/30 (Call 12/01/25)<sup>(a)(b)</sup> | 175 | 139134 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/01/30 (Call 12/01/24)<sup>(a)(b)</sup> | 115 | 91706 |
| Sirius XM Radio Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 09/01/26 (Call 09/01/23)<sup>(a)</sup> | 245 | 220882 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/01/31 (Call 09/01/26)<sup>(a)</sup> | 360 | 296201 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/28 (Call 07/15/24)<sup>(a)</sup> | 495 | 440020 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 07/01/30 (Call 07/01/25)<sup>(a)</sup> | 356 | 305081 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/27 (Call 08/01/23)<sup>(a)</sup> | 360 | 340682 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/01/29 (Call 07/01/24)<sup>(a)</sup> | 315 | 295350 |
| TEGNA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/28 (Call 03/15/23)<sup>(b)</sup> | 260 | 244184 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/15/26 (Call 03/15/23)<sup>(a)</sup> | 120 | 116579 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/15/29 (Call 09/15/24) | 260 | 244852 |
| Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28 (Call 02/13/23)<sup>(a)</sup> | 400 | 371608 |
| Univision Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/29 (Call 05/01/24)<sup>(a)</sup> | 260 | 223655 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/15/25 (Call 02/15/23)<sup>(a)</sup> | 355 | 345912 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 06/01/27 (Call 06/01/23)<sup>(a)</sup> | 360 | 352710 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 06/30/30 (Call 06/30/25)<sup>(a)</sup> | 220 | 215668 |
| UPC Broadband Finco BV, 4.88%, 07/15/31 (Call 07/15/26)<sup>(a)</sup> | 275 | 241863 |
| Videotron Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29 (Call 06/15/24)<sup>(a)(b)</sup> | 115 | 100463 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/15/27 (Call 04/15/23)<sup>(a)</sup> | 145 | 139816 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/15/24 (Call 03/15/24)<sup>(a)</sup> | 150 | 149427 |
| VZ Secured Financing BV, 5.00%, 01/15/32 (Call 01/15/27)<sup>(a)</sup> | 375 | 321131 |
| Ziggo Bond Co. BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/28/30 (Call 02/15/25)<sup>(a)</sup> | 125 | 103293 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/27 (Call 01/15/24)<sup>(a)(b)</sup> | 150 | 141954 |
| Ziggo BV, 4.88%, 01/15/30 (Call 10/15/24)<sup>(a)</sup> | 250 | 218088 |
|  |  | 13460551 |
| **Metal Fabricate & Hardware — 0.1%** |  |  |
| Advanced Drainage Systems Inc., 6.38%, 06/15/30 (Call 07/15/25)<sup>(a)</sup> | 135 | 134108 |
| **Mining — 1.6%** |  |  |
| Compass Minerals International Inc., 6.75%, 12/01/27 (Call 12/01/23)<sup>(a)</sup> | 120 | 117781 |
| Constellium SE, 3.75%, 04/15/29 (Call 04/15/24)<sup>(a)(b)</sup> | 125 | 106826 |
| FMG Resources August 2006 Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/01/31 (Call 01/01/31)<sup>(a)</sup> | 360 | 316001 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/27 (Call 06/15/27)<sup>(a)</sup> | 140 | 133174 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/15/24 (Call 02/15/24)<sup>(a)</sup> | 180 | 178360 |
| FMG Resources August Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/15/30 (Call 01/15/30)<sup>(a)</sup> | 170 | 165769 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 04/15/32 (Call 01/15/32)<sup>(a)</sup> | 195 | 190139 |
| Hecla Mining Co., 7.25%, 02/15/28 (Call 02/15/23) | 110 | 109843 |
| Kaiser Aluminum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/31 (Call 06/01/26)<sup>(a)(b)</sup> | 135 | 114246 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/28 (Call 03/01/23)<sup>(a)</sup> | 140 | 127898 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Mining (continued)** |  |  |
| New Gold Inc., 7.50%, 07/15/27 (Call 07/15/23)<sup>(a)</sup> | $90 | $84029 |
| Perenti Finance Pty Ltd., 6.50%, 10/07/25 (Call 10/07/23)<sup>(a)(b)</sup> | 125 | 123375 |
| Taseko Mines Ltd., 7.00%, 02/15/26 (Call 02/15/23)<sup>(a)</sup> | 95 | 90032 |
|  |  | 1857473 |
| **Office & Business Equipment — 0.3%** |  |  |
| Pitney Bowes Inc., 6.88%, 03/15/27 (Call 03/15/24)<sup>(a)</sup> | 90 | 75594 |
| Xerox Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/25 (Call 07/15/25)<sup>(a)</sup> | 180 | 168307 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/28 (Call 07/15/28)<sup>(a)</sup> | 190 | 162007 |
|  |  | 405908 |
| **Office Furnishings — 0.1%** |  |  |
| Steelcase Inc., 5.13%, 01/18/29 (Call 10/18/28) | 105 | 93648 |
| **Packaging & Containers — 2.5%** |  |  |
| Ball Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 08/15/30 (Call 05/15/30)<sup>(b)</sup> | 305 | 250612 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/15/31 (Call 06/15/31) | 210 | 172124 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/26 (Call 12/15/25) | 185 | 182284 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/01/25 | 235 | 233757 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/28 (Call 11/15/24) | 195 | 201275 |
| Berry Global Inc., 5.63%, 07/15/27 (Call 07/15/23)<sup>(a)(b)</sup> | 125 | 122881 |
| Cascades Inc./Cascades USA Inc., 5.38%, 01/15/28 (Call 01/15/24)<sup>(a)(b)</sup> | 100 | 93178 |
| Graphic Packaging International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/15/28<sup>(a)</sup> | 130 | 116879 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/01/30 (Call 08/01/29)<sup>(a)</sup> | 90 | 78543 |
| OI European Group BV, 4.75%, 02/15/30 (Call 11/15/24)<sup>(a)</sup> | 105 | 94351 |
| Owens-Brockway Glass Container Inc., 6.63%, 05/13/27 (Call 05/15/23)<sup>(a)</sup> | 140 | 137631 |
| Sealed Air Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/27 (Call 09/01/27)<sup>(a)</sup> | 100 | 92481 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/29 (Call 04/15/25)<sup>(a)</sup> | 105 | 99555 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/01/24 (Call 09/01/24)<sup>(a)</sup> | 110 | 109584 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/15/25 (Call 06/15/25)<sup>(a)(b)</sup> | 85 | 84576 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/01/28 (Call 02/01/24)<sup>(a)</sup> | 200 | 201864 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 07/15/33<sup>(a)</sup> | 125 | 130003 |
| Silgan Holdings Inc., 4.13%, 02/01/28 (Call 10/01/23) | 130 | 121501 |
| TriMas Corp., 4.13%, 04/15/29 (Call 04/15/24)<sup>(a)</sup> | 90 | 80103 |
| Trivium Packaging Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/26 (Call 08/15/23)<sup>(a)</sup> | 250 | 240197 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 08/15/27 (Call 08/15/23)<sup>(a)(b)</sup> | 175 | 168436 |
|  |  | 3011815 |
| **Pharmaceuticals — 2.7%** |  |  |
| 180 Medical Inc., 3.88%, 10/15/29 (Call 10/07/24)<sup>(a)</sup> | 135 | 120029 |
| AdaptHealth LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/29 (Call 02/01/24)<sup>(a)</sup> | 110 | 95706 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 03/01/30 (Call 03/01/25)<sup>(a)</sup> | 145 | 129163 |
| Elanco Animal Health Inc., 6.40%, 08/28/28 (Call 05/28/28)<sup>(b)</sup> | 175 | 171915 |
| Herbalife Nutrition Ltd./HLF Financing Inc., 7.88%, 09/01/25 (Call 03/03/23)<sup>(a)</sup> | 145 | 136709 |
| HLF Financing Sarl LLC/Herbalife International Inc., 4.88%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;06/01/29 (Call 06/01/24)<sup>(a)</sup> | 145 | 106041 |
| Horizon Therapeutics USA Inc., 5.50%, 08/01/27 (Call 08/01/23)<sup>(a)</sup> | 175 | 178668 |
| Jazz Securities DAC, 4.38%, 01/15/29 (Call 07/15/24)<sup>(a)</sup> | 360 | 328878 |
| Option Care Health Inc., 4.38%, 10/31/29 (Call 10/31/24)<sup>(a)</sup> | 135 | 117096 |
| Organon & Co./Organon Foreign Debt Co.-Issuer BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/30/28 (Call 04/30/24)<sup>(a)(b)</sup> | 500 | 453725 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/30/31 (Call 04/30/26)<sup>(a)(b)</sup> | 500 | 450150 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Pharmaceuticals (continued)** |  |  |
| Owens & Minor Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/31/29 (Call 03/31/24)<sup>(a)(b)</sup> | $115 | $93746 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 04/01/30 (Call 04/01/25)<sup>(a)</sup> | 140 | 123913 |
| Perrigo Finance Unlimited Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/26 (Call 12/15/25) | 175 | 166085 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/15/30 (Call 03/15/30) | 200 | 175528 |
| PRA Health Sciences Inc., 2.88%, 07/15/26 (Call 07/15/23)<sup>(a)</sup> | 125 | 114381 |
| Prestige Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/01/31 (Call 04/01/26)<sup>(a)</sup> | 140 | 118777 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 110 | 105564 |
|  |  | 3186074 |
| **Real Estate — 1.1%** |  |  |
| Cushman & Wakefield U.S. Borrower, LLC, 6.75%, 05/15/28 (Call 05/18/23)<sup>(a)(b)</sup> | 175 | 169046 |
| Howard Hughes Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/01/29 (Call 02/01/24)<sup>(a)</sup> | 160 | 138066 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/01/31 (Call 02/01/26)<sup>(a)</sup> | 150 | 124870 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 08/01/28 (Call 08/01/23)<sup>(a)</sup> | 180 | 166900 |
| Kennedy-Wilson Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 03/01/29 (Call 03/01/24) | 155 | 130194 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/01/30 (Call 09/01/24) | 150 | 123125 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/01/31 (Call 03/01/26) | 140 | 114367 |
| Realogy Group LLC/Realogy Co-Issuer Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/30 (Call 04/15/25)<sup>(a)</sup> | 250 | 187487 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/29 (Call 01/15/24)<sup>(a)</sup> | 220 | 172590 |
|  |  | 1326645 |
| **Real Estate Investment Trusts — 5.7%** |  |  |
| Apollo Commercial Real Estate Finance Inc., 4.63%, 06/15/29 (Call 06/15/24)<sup>(a)</sup> | 114 | 93338 |
| Blackstone Mortgage Trust Inc., 3.75%, 01/15/27 (Call 10/15/26)<sup>(a)</sup> | 100 | 88236 |
| Brookfield Property REIT Inc./BPR Cumulus LLC/BPR |  |  |
| &nbsp;&nbsp;&nbsp;Nimbus LLC/GGSI Sellco LL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/27 (Call 10/01/23)<sup>(a)</sup> | 190 | 167259 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/15/26 (Call 05/15/23)<sup>(a)</sup> | 235 | 221586 |
| CTR Partnership LP/CareTrust Capital Corp., 3.88%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;06/30/28 (Call 03/30/28)<sup>(a)</sup> | 110 | 98430 |
| HAT Holdings I LLC/HAT Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 06/15/26 (Call 03/15/26)<sup>(a)(b)</sup> | 250 | 221945 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/15/25 (Call 04/15/23)<sup>(a)(b)</sup> | 105 | 102672 |
| Iron Mountain Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/31 (Call 02/15/26)<sup>(a)</sup> | 274 | 234892 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/15/27 (Call 09/15/23)<sup>(a)</sup> | 240 | 226469 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/15/29 (Call 09/15/24)<sup>(a)</sup> | 245 | 221448 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/28 (Call 07/15/23)<sup>(a)</sup> | 120 | 111020 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/15/28 (Call 12/27/23)<sup>(a)</sup> | 200 | 190144 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/15/30 (Call 07/15/25)<sup>(a)</sup> | 330 | 298670 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/32 (Call 07/15/26)<sup>(a)</sup> | 145 | 130863 |
| Iron Mountain Information Management Services Inc., 5.00%, 07/15/32 (Call 07/15/27)<sup>(a)(b)</sup> | 180 | 156220 |
| iStar Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 08/01/25 (Call 05/01/25) | 145 | 143949 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/01/24 (Call 07/01/24) | 180 | 179107 |
| MPT Operating Partnership LP/MPT Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/31 (Call 03/15/26) | 330 | 232505 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/29 (Call 08/01/24)<sup>(b)</sup> | 220 | 171096 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/27 (Call 09/07/23)<sup>(b)</sup> | 335 | 283269 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/01/26 (Call 08/01/23)<sup>(b)</sup> | 110 | 100416 |
| Park Intermediate Holdings LLC/PK Domestic |  |  |
| &nbsp;&nbsp;&nbsp;Property LLC/PK Finance Co-Issuer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/29 (Call 05/15/24)<sup>(a)</sup> | 205 | 178237 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/01/28 (Call 10/01/23)<sup>(a)</sup> | $175 | $161915 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/25 (Call 06/01/23)<sup>(a)</sup> | 155 | 157167 |
| RHP Hotel Properties LP/RHP Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/29 (Call 02/15/24)<sup>(a)(b)</sup> | 145 | 129147 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/15/27 (Call 10/15/23) | 191 | 179236 |
| SBA Communications Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 360 | 305147 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/27 (Call 02/15/23) | 385 | 355655 |
| Starwood Property Trust Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 07/15/26 (Call 01/15/26)<sup>(a)</sup> | 110 | 98725 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/31/24 (Call 09/30/24)<sup>(a)</sup> | 95 | 90260 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/27 (Call 07/15/26)<sup>(a)</sup> | 135 | 121442 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/25 (Call 09/15/24) | 110 | 106432 |
| Uniti Group LP/Uniti Fiber Holdings Inc./CSL Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/30 (Call 01/15/25)<sup>(a)(b)</sup> | 180 | 119444 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 02/15/25 (Call 02/15/23)<sup>(a)</sup> | 540 | 532824 |
| Uniti Group LP/Uniti Group Finance Inc./CSL Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/15/28 (Call 04/15/24)<sup>(a)</sup> | 130 | 106575 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/15/29 (Call 02/15/24)<sup>(a)</sup> | 265 | 183274 |
| XHR LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/29 (Call 06/01/24)<sup>(a)</sup> | 135 | 119838 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 08/15/25 (Call 08/15/23)<sup>(a)</sup> | 120 | 118819 |
|  |  | 6737671 |
| **Retail — 6.1%** |  |  |
| 1011778 BC ULC/New Red Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/29 (Call 02/15/24)<sup>(a)</sup> | 190 | 166710 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/28 (Call 09/15/23)<sup>(a)</sup> | 385 | 351890 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/15/30 (Call 10/15/25)<sup>(a)</sup> | 695 | 591383 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/28 (Call 11/15/23)<sup>(a)</sup> | 180 | 166138 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/15/25 (Call 04/15/23)<sup>(a)</sup> | 105 | 104956 |
| Asbury Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/28 (Call 03/01/23)<sup>(b)</sup> | 110 | 100154 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/29 (Call 11/15/24)<sup>(a)</sup> | 195 | 172294 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/01/30 (Call 03/01/25) | 95 | 83563 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/32 (Call 11/15/26)<sup>(a)</sup> | 145 | 125244 |
| Bed Bath & Beyond Inc., 5.17%, 08/01/44 (Call 02/01/44) | 180 | 8278 |
| Carvana Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/01/29 (Call 09/01/24)<sup>(a)</sup> | 205 | 91198 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/27 (Call 04/15/24)<sup>(a)</sup> | 165 | 74255 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/01/25 (Call 10/01/23)<sup>(a)</sup> | 135 | 67536 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/01/28 (Call 10/01/23)<sup>(a)</sup> | 165 | 71848 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.25%, 05/01/30 (Call 05/01/27)<sup>(a)</sup> | 895 | 478995 |
| Dave & Buster's Inc., 7.63%, 11/01/25 (Call 11/01/23)<sup>(a)</sup> | 119 | 121004 |
| Foot Locker Inc., 4.00%, 10/01/29 (Call 10/01/24)<sup>(a)</sup> | 90 | 76020 |
| Gap Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/29 (Call 10/01/24)<sup>(a)</sup> | 190 | 145979 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/01/31 (Call 10/01/26)<sup>(a)(b)</sup> | 180 | 134737 |
| Group 1 Automotive Inc., 4.00%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 180 | 158110 |
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;America LLC, 4.75%, 06/01/27 (Call 06/01/23)<sup>(a)</sup> | 180 | 175655 |
| Kohl's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 05/01/31 (Call 02/01/31) | 125 | 92686 |
| &nbsp;&nbsp;&nbsp;5.55%, 07/17/45 (Call 01/17/45) | 100 | 66121 |
| Lithia Motors Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/01/29 (Call 06/01/24)<sup>(a)</sup> | 195 | 165781 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/31 (Call 10/15/25)<sup>(a)(b)</sup> | 125 | 106449 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/15/27 (Call 12/15/23)<sup>(a)(b)</sup> | 100 | 93032 |
| Macy's Retail Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/01/29 (Call 04/01/24)<sup>(a)(b)</sup> | 140 | 130476 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/30 (Call 03/15/25)<sup>(a)(b)</sup> | 95 | 86783 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Retail (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 03/15/32 (Call 03/15/27)<sup>(a)</sup> | $110 | $98560 |
| Michaels Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/01/28 (Call 11/01/23)<sup>(a)</sup> | 215 | 180232 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 05/01/29 (Call 04/01/24)<sup>(a)</sup> | 305 | 231690 |
| Nordstrom Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 08/01/31 (Call 05/01/31) | 110 | 82646 |
| &nbsp;&nbsp;&nbsp;4.38%, 04/01/30 (Call 01/01/30) | 110 | 88310 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/44 (Call 07/15/43)<sup>(b)</sup> | 250 | 167870 |
| Penske Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/25 (Call 09/01/23) | 150 | 142100 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/15/29 (Call 06/15/24) | 125 | 106195 |
| QVC Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 09/01/28 (Call 06/01/28) | 125 | 80209 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 02/15/25 (Call 11/15/24)<sup>(b)</sup> | 125 | 106580 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/27 (Call 11/15/26) | 150 | 113715 |
| &nbsp;&nbsp;&nbsp;4.85%, 04/01/24 | 150 | 143546 |
| Rite Aid Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 07/01/25 (Call 07/01/23)<sup>(a)</sup> | 124 | 81784 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/15/26 (Call 01/15/24)<sup>(a)</sup> | 235 | 130996 |
| Sally Holdings LLC/Sally Capital Inc., 5.63%, 12/01/25 (Call 12/01/23) | 160 | 158398 |
| Sonic Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/29 (Call 11/15/24)<sup>(a)(b)</sup> | 150 | 124758 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/15/31 (Call 11/15/26)<sup>(a)</sup> | 135 | 107591 |
| Yum! Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/31 (Call 12/15/30) | 260 | 223215 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/31/32 (Call 10/01/26) | 270 | 245943 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/30 (Call 10/15/29)<sup>(a)</sup> | 190 | 178106 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/01/32 (Call 04/01/27)<sup>(b)</sup> | 235 | 222627 |
|  |  | 7222346 |
| **Semiconductors — 0.6%** |  |  |
| ams-OSRAM AG, 7.00%, 07/31/25 (Call 07/31/23)<sup>(a)(b)</sup> | 125 | 120628 |
| Entegris Escrow Corp., 5.95%, 06/15/30 (Call 06/15/25)<sup>(a)(b)</sup> | 205 | 196917 |
| Entegris Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/01/29 (Call 05/01/24)<sup>(a)(b)</sup> | 110 | 94161 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/28 (Call 04/15/23)<sup>(a)</sup> | 80 | 72409 |
| ON Semiconductor Corp., 3.88%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 190 | 173253 |
| Synaptics Inc., 4.00%, 06/15/29 (Call 06/15/24)<sup>(a)(b)</sup> | 90 | 78164 |
|  |  | 735532 |
| **Software — 2.9%** |  |  |
| ACI Worldwide Inc., 5.75%, 08/15/26 (Call 08/15/23)<sup>(a)</sup> | 90 | 89148 |
| Avaya Inc., 6.13%, 09/15/28 (Call 09/15/23)<sup>(a)(b)</sup> | 255 | 75383 |
| Black Knight InfoServ LLC, 3.63%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 260 | 231345 |
| Camelot Finance SA, 4.50%, 11/01/26 (Call 11/01/23)<sup>(a)</sup> | 175 | 166492 |
| Central Parent Inc./CDK Global Inc., 7.25%, 06/15/29 (Call 06/15/25)<sup>(a)</sup> | 180 | 179620 |
| Clarivate Science Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/01/28 (Call 06/30/24)<sup>(a)(b)</sup> | 230 | 205353 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/01/29 (Call 06/30/24)<sup>(a)(b)</sup> | 225 | 197865 |
| Consensus Cloud Solutions Inc., 6.50%, 10/15/28 (Call 10/15/26)<sup>(a)(b)</sup> | 115 | 107711 |
| Dun & Bradstreet Corp. (The), 5.00%, 12/15/29 (Call 12/15/24)<sup>(a)(b)</sup> | 105 | 93645 |
| Elastic NV, 4.13%, 07/15/29 (Call 07/15/24)<sup>(a)(b)</sup> | 135 | 115663 |
| Fair Isaac Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/15/28 (Call 12/15/23)<sup>(a)</sup> | 220 | 204351 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/15/26 (Call 02/15/26)<sup>(a)</sup> | 100 | 99277 |
| MicroStrategy Inc., 6.13%, 06/15/28 (Call 06/15/24)<sup>(a)(b)</sup> | 120 | 101974 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Software (continued)** |  |  |
| Open Text Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/28 (Call 02/15/23)<sup>(a)(b)</sup> | $230 | $199904 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 12/01/29 (Call 12/01/24)<sup>(a)</sup> | 205 | 170636 |
| Open Text Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/30 (Call 02/15/25)<sup>(a)</sup> | 225 | 189122 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/01/31 (Call 12/01/26)<sup>(a)</sup> | 147 | 119490 |
| PTC Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/25 (Call 02/15/23)<sup>(a)</sup> | 134 | 128525 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | 115 | 107165 |
| Rackspace Technology Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/28 (Call 02/15/24)<sup>(a)(b)</sup> | 150 | 90188 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 12/01/28 (Call 12/01/23)<sup>(a)(b)</sup> | 125 | 45975 |
| ROBLOX Corp., 3.88%, 05/01/30 (Call 11/01/24)<sup>(a)</sup> | 260 | 219123 |
| Twilio Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/29 (Call 03/15/24) | 115 | 97680 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/15/31 (Call 03/15/26)<sup>(b)</sup> | 140 | 116068 |
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/29 (Call 02/01/24)<sup>(a)(b)</sup> | 160 | 138018 |
|  |  | 3489721 |
| **Telecommunications — 6.6%** |  |  |
| Ciena Corp., 4.00%, 01/31/30 (Call 01/31/25)<sup>(a)(b)</sup> | 110 | 97007 |
| CommScope Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/01/29 (Call 09/01/24)<sup>(a)(b)</sup> | 290 | 240868 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/01/26 (Call 03/01/23)<sup>(a)(b)</sup> | 360 | 345168 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 07/01/28 (Call 07/01/23)<sup>(a)(b)</sup> | 175 | 137456 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 03/01/27 (Call 03/01/23)<sup>(a)(b)</sup> | 250 | 212562 |
| CommScope Technologies LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/15/27 (Call 03/15/23)<sup>(a)</sup> | 180 | 137464 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/25 (Call 06/15/23)<sup>(a)</sup> | 331 | 313546 |
| Consolidated Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/28 (Call 10/01/23)<sup>(a)</sup> | 110 | 84004 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/01/28 (Call 10/01/23)<sup>(a)(b)</sup> | 180 | 146927 |
| Embarq Corp., 8.00%, 06/01/36 | 345 | 166256 |
| Intelsat Jackson Holdings SA, 6.50%, 03/15/30 (Call 03/15/25)<sup>(a)(b)</sup> | 720 | 653386 |
| Level 3 Financing Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/01/27 (Call 01/01/27)<sup>(a)(b)</sup> | 180 | 155902 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/15/29 (Call 01/15/24)<sup>(a)(b)</sup> | 210 | 156223 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/15/29 (Call 01/15/24)<sup>(a)</sup> | 220 | 161020 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/15/29 (Call 08/15/29)<sup>(a)</sup> | 205 | 166081 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/01/28 (Call 07/01/23)<sup>(a)</sup> | 300 | 237669 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/15/27 (Call 09/15/23)<sup>(a)(b)</sup> | 250 | 212037 |
| Lumen Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/15/27 (Call 02/15/23)<sup>(a)</sup> | 300 | 253206 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/15/29 (Call 01/15/24)<sup>(a)(b)</sup> | 235 | 157911 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/26 (Call 12/15/23)<sup>(a)(b)</sup> | 180 | 153934 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/15/29 (Call 06/15/24)<sup>(a)(b)</sup> | 125 | 87094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series P, 7.60%, 09/15/39<sup>(b)</sup> | 120 | 81068 |
| &nbsp;&nbsp;&nbsp;Series U, 7.65%, 03/15/42 | 125 | 82286 |
| Maxar Technologies Inc., 7.75%, 06/15/27 (Call 06/15/24)<sup>(a)</sup> | 110 | 114961 |
| Nokia OYJ |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 06/12/27 | 127 | 122342 |
| &nbsp;&nbsp;&nbsp;6.63%, 05/15/39 | 110 | 112144 |
| Telecom Italia Capital SA |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 09/30/34 | 245 | 196637 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par/* <br> *Shares* <br> *(000)*  | *Value* |
| **Telecommunications (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;6.38%, 11/15/33 | $245 | $207321 |
| &nbsp;&nbsp;&nbsp;7.20%, 07/18/36 | 250 | 212957 |
| &nbsp;&nbsp;&nbsp;7.72%, 06/04/38 | 250 | 215672 |
| Telecom Italia SpA/Milano, 5.30%, 05/30/24<sup>(a)</sup> | 200 | 194632 |
| U.S. Cellular Corp., 6.70%, 12/15/33<sup>(b)</sup> | 130 | 120887 |
| Viavi Solutions Inc., 3.75%, 10/01/29 (Call 10/01/24)<sup>(a)(b)</sup> | 110 | 95932 |
| Vodafone Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/04/81 (Call 06/04/26)<sup>(d)</sup> | 115 | 100050 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/04/81 (Call 04/04/31)<sup>(d)</sup> | 245 | 198401 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/04/81 (Call 12/04/50)<sup>(d)</sup> | 235 | 180915 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 04/04/79 (Call 01/04/29)<sup>(d)</sup> | 495 | 510360 |
| Windstream Escrow LLC/Windstream Escrow Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 335 | 270992 |
| Zayo Group Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/27 (Call 03/03/23)<sup>(a)</sup> | 355 | 282161 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 03/01/28 (Call 03/01/23)<sup>(a)(b)</sup> | 270 | 185566 |
|  |  | 7761005 |
| **Transportation — 0.1%** |  |  |
| Cargo Aircraft Management Inc., 4.75%, 02/01/28 (Call 02/01/23)<sup>(a)</sup> | 135 | 122137 |
| **Trucking & Leasing — 0.1%** |  |  |
| AerCap Global Aviation Trust, 6.50%, 06/15/45 (Call 06/15/25)<sup>(a)(d)</sup> | 125 | 122201 |
| **Total Long-Term Investments — 98.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $131,383,574)** |  | 116291230 |
| **Short-Term Securities** |  |  |
| **Money Market Funds — 21.3%** |  |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares, 4.56%<sup>(f)(g)(h)</sup> | 24895 | 24909672 |
| BlackRock Cash Funds: Treasury, SL Agency Shares, 4.18%<sup>(f)(g)</sup> | 265 | 265000 |
| **Total Short-Term Securities — 21.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $25,155,473)** |  | 25174672 |
| **Total Investments — 119.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $156,539,047)** |  | 141465902 |
| **Liabilities in Excess of Other Assets — (19.5)%** |  | (23049800) |
| **Net Assets — 100.0%** |  | $118416102 |

---

<sup>(a)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

<sup>(b)</sup> All or a portion of this security is on loan.

<sup>(c)</sup> Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

<sup>(d)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

<sup>(e)</sup> Perpetual security with no stated maturity date.

<sup>(f)</sup> Affiliate of the Fund.

<sup>(g)</sup> Annualized 7-day yield as of period end.

<sup>(h)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities.

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced High Yield Corporate Bond ETF** |
| January 31, 2023 |  |

---

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at<br> 10/31/22* | *Purchases<br> at Cost* | *Proceeds<br> from Sale* | *Net Realized<br> Gain (Loss)* | *Change in<br> Unrealized<br> Appreciation<br> (Depreciation)* | *Value at<br> 01/31/23* | *Shares<br> Held at<br> 01/31/23<br> (000)* | *Income* | *Capital Gain<br> Distributions from<br> Underlying Funds* |
| BlackRock Cash Funds: Institutional, SL Agency Shares | $27818631 | $— | $(2930864)<sup>(a)</sup> | $2218 | $19687 | $24909672 | 24895 | $40167 <sup>(b)</sup> | $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 2105000 |  | (1840000)<sup>(a)</sup> |  |  | 265000 | 265 | 6118 |  |
|  |  |  |  | $2218 | $19687 | $25174672 |  | $46285 | $— |

---

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

● Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds & Notes | $— | $116291230 | $— | $116291230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 25174672 |  |  | 25174672 |
|  | $25174672 | $116291230 | $— | $141465902 |

---

**Portfolio Abbreviation**

LIBOR London Interbank Offered Rate <br> PIK Payment-in-kind <br> REIT Real Estate Investment Trust

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares ESG Advanced High Yield Corporate Bond ETF

- **b. EDGAR series identifier (if any):** S000054184

- **c. LEI of Series:** 549300WY6QQ9HGWLNX87

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $167756029.59

**Total Liabilities:** $49339866.96

**Net Assets:** $118416162.63

**Cash Not Reported:** $77166.65

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.06000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 2258.62000000 | **5-Year:** 39530.82000000 | **10-Year:** 5847.09000000 | **30-Year:** 1334.68000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000170245 | 1.60%                | -0.66%               | 3.68%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1057262.93             | $2356746.11                                |
| Month 2  | $-664859.97              | $-662917.49                                |
| Month 3  | $-1232780.02             | $5048418.77                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UNITED AIRLINES INC                            | United Airlines Inc                                                              | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    470000 | PA      | $446462.40    | 0.38%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                                 | Brink's Co/The                                                                   | CUSIP: 109696AB0<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     95000 | PA      | $93829.60     | 0.08%             | 2025-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $365647.50    | 0.31%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| DIEBOLD NIXDORF INC                            | Diebold Nixdorf Inc                                                              | CUSIP: 253651AH6<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    127183 | PA      | $65702.74     | 0.06%             | 2026-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $120288.00    | 0.10%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $148731.20    | 0.13%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Liberty Interactive LLC                        | Liberty Interactive LLC                                                          | CUSIP: 530715AJ0<br>LEI: 549300SZUIU7Z32Q0664 | Long             | DBT              | CORP              | US        |    125000 | PA      | $58378.75     | 0.05%             | 2030-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $130475.80    | 0.11%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| HILTON GRAND VAC BOR ESC                       | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $187729.50    | 0.16%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GCI LLC                                        | GCI LLC                                                                          | CUSIP: 36166TAB6<br>LEI: 549300N3IE9H88Q20221 | Long             | DBT              | CORP              | US        |    165000 | PA      | $144965.70    | 0.12%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104115.90    | 0.09%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 156700AT3<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    125000 | PA      | $82286.25     | 0.07%             | 2042-03-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC                            | Spectrum Brands Inc                                                              | CUSIP: 84762LAX3<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |    135000 | PA      | $108872.10    | 0.09%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Ball Corp                                      | Ball Corp                                                                        | CUSIP: 058498AV8<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    185000 | PA      | $182284.20    | 0.15%             | 2026-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $98971.30     | 0.08%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                        | Booz Allen Hamilton Inc                                                          | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    135000 | PA      | $121277.25    | 0.10%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    110000 | PA      | $100153.90    | 0.08%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ALLEGIANT TRAVEL CO                            | Allegiant Travel Co                                                              | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |    135000 | PA      | $132166.35    | 0.11%             | 2027-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| QVC INC                                        | QVC Inc                                                                          | CUSIP: 747262AZ6<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    125000 | PA      | $80208.75     | 0.07%             | 2028-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                       | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    105000 | PA      | $98212.80     | 0.08%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                  | Nordstrom Inc                                                                    | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    250000 | PA      | $167870.00    | 0.14%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    115000 | PA      | $103540.25    | 0.09%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $86782.50     | 0.07%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CIENA CORP                                     | Ciena Corp                                                                       | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |    110000 | PA      | $97006.80     | 0.08%             | 2030-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| VIAVI SOLUTIONS INC                            | Viavi Solutions Inc                                                              | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    110000 | PA      | $95932.10     | 0.08%             | 2029-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| Embarq Corp                                    | Embarq Corp                                                                      | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $166255.50    | 0.14%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                             | Ally Financial Inc                                                               | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    260000 | PA      | $258063.00    | 0.22%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| US CELLULAR CORP                               | United States Cellular Corp                                                      | CUSIP: 911684AD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $120887.00    | 0.10%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: —       |
| TRIVIUM PACKAGING FIN                          | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAA4<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $240197.50    | 0.20%             | 2026-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PAU4<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    130000 | PA      | $119912.00    | 0.10%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                  | CommScope Inc                                                                    | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    290000 | PA      | $240868.20    | 0.20%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| NCR CORP                                       | NCR Corp                                                                         | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    160000 | PA      | $142321.60    | 0.12%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                | AdaptHealth LLC                                                                  | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $95705.50     | 0.08%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                       | Crowdstrike Holdings Inc                                                         | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    185000 | PA      | $159020.45    | 0.13%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| COGENT COMMUNICATIONS GR                       | Cogent Communications Group Inc                                                  | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    104000 | PA      | $103043.20    | 0.09%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC                       | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |    265000 | PA      | $183274.00    | 0.15%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                         | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AB9<br>LEI: N/A                  | Long             | DBT              |  | US        |    105000 | PA      | $102672.15    | 0.09%             | 2025-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    225000 | PA      | $202833.00    | 0.17%             | 2030-01-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                   | ams-OSRAM AG                                                                     | CUSIP: 03217CAA4<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |    125000 | PA      | $120627.50    | 0.10%             | 2025-07-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| ZIFF DAVIS INC                                 | Ziff Davis Inc                                                                   | CUSIP: 48123VAF9<br>LEI: 5493008OJYGLHD7MXA18 | Long             | DBT              | CORP              | US        |    125000 | PA      | $110658.75    | 0.09%             | 2030-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BF0<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    110000 | PA      | $109329.00    | 0.09%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AX4<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    210000 | PA      | $172124.40    | 0.15%             | 2031-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    360000 | PA      | $309693.60    | 0.26%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    190000 | PA      | $179692.50    | 0.15%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $136781.75    | 0.12%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    320000 | PA      | $275993.60    | 0.23%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| B&G Foods Inc                                  | B&G Foods Inc                                                                    | CUSIP: 05508RAE6<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    220000 | PA      | $200816.00    | 0.17%             | 2025-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    170000 | PA      | $165768.70    | 0.14%             | 2030-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MASONITE INTERNATIONAL C                       | Masonite International Corp                                                      | CUSIP: 575385AD1<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |    130000 | PA      | $121925.70    | 0.10%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HAWAIIAN BRAND INTELLECT                       | Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd             | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    305000 | PA      | $291515.95    | 0.25%             | 2026-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AXALTA COAT/DUTCH HLD BV                       | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV           | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    125000 | PA      | $118090.00    | 0.10%             | 2027-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| UNITI GRP/UNITI HLD/CSL                        | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAA0<br>LEI: N/A                  | Long             | DBT              |  | US        |    540000 | PA      | $532823.40    | 0.45%             | 2025-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP                                    | Deluxe Corp                                                                      | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    110000 | PA      | $94195.20     | 0.08%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| RAYONIER AM PROD INC                           | Rayonier AM Products Inc                                                         | CUSIP: 75508EAB4<br>LEI: 549300ZGRDDK1QM6MM16 | Long             | DBT              | CORP              | US        |    109000 | PA      | $101655.58    | 0.09%             | 2026-01-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| PERENTI FINANCE PTY LTD                        | Perenti Finance Pty Ltd                                                          | CUSIP: 71367VAA7<br>LEI: 894500ZDIIAOXSQHE612 | Long             | DBT              | CORP              | AU        |    125000 | PA      | $123375.00    | 0.10%             | 2025-10-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $357341.25    | 0.30%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                  | TopBuild Corp                                                                    | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    115000 | PA      | $98158.25     | 0.08%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                       | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |    235000 | PA      | $221586.20    | 0.19%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RITE AID CORP                                  | Rite Aid Corp                                                                    | CUSIP: 767754CK8<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |    124000 | PA      | $81784.20     | 0.07%             | 2025-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AJ1<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    895000 | PA      | $478995.05    | 0.40%             | 2030-05-01      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    110000 | PA      | $94161.10     | 0.08%             | 2029-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    260000 | PA      | $244184.20    | 0.21%             | 2028-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ZI TECH LLC/ZI FIN CORP                        | ZoomInfo Technologies LLC/ZoomInfo Finance Corp                                  | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $138017.60    | 0.12%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| WEIR GROUP PLC (THE)                           | Weir Group PLC/The                                                               | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $178986.00    | 0.15%             | 2026-05-13      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM ESCROW LLC                          | Windstream Escrow LLC / Windstream Escrow Finance Corp                           | CUSIP: 97382WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    335000 | PA      | $270991.55    | 0.23%             | 2028-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DYCOM INDUSTRIES INC                           | Dycom Industries Inc                                                             | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |    120000 | PA      | $107324.40    | 0.09%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    190000 | PA      | $159372.00    | 0.13%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Ziggo Bond Co BV                               | Ziggo Bond Co BV                                                                 | CUSIP: 98954UAB9<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $141954.00    | 0.12%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| TWILIO INC                                     | Twilio Inc                                                                       | CUSIP: 90138FAC6<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |    115000 | PA      | $97679.85     | 0.08%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                       | SLM Corp                                                                         | CUSIP: 78442PGE0<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | DBT              | CORP              | US        |    125000 | PA      | $110372.50    | 0.09%             | 2026-11-02      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    380000 | PA      | $358146.20    | 0.30%             | 2028-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc                              | Post Holdings Inc                                                                | CUSIP: 737446AM6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    118000 | PA      | $116352.72    | 0.10%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                            | Coinbase Global Inc                                                              | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    250000 | PA      | $145285.00    | 0.12%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                            | Prestige Brands Inc                                                              | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |    140000 | PA      | $118777.40    | 0.10%             | 2031-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS                         | Axalta Coating Systems LLC                                                       | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |    175000 | PA      | $150461.50    | 0.13%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                              | Clean Harbors Inc                                                                | CUSIP: 184496AN7<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    129000 | PA      | $124438.56    | 0.11%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                          | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAB2<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    175000 | PA      | $168435.75    | 0.14%             | 2027-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| MERITAGE HOMES CORP                            | Meritage Homes Corp                                                              | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    105000 | PA      | $93028.95     | 0.08%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    275000 | PA      | $243463.00    | 0.21%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| KORN/FERRY INTERNATIONAL                       | Korn Ferry                                                                       | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94029.00     | 0.08%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| KOHL'S CORPORATION                             | Kohl's Corp                                                                      | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    125000 | PA      | $92686.25     | 0.08%             | 2031-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AM7<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    140000 | PA      | $114367.40    | 0.10%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                | AdaptHealth LLC                                                                  | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $129163.10    | 0.11%             | 2030-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93032.00     | 0.08%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| SCRIPPS ESCROW II INC                          | Scripps Escrow II Inc                                                            | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $113250.15    | 0.10%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| IAA Inc                                        | IAA Inc                                                                          | CUSIP: 449253AB9<br>LEI: 549300PZCOPC5178W747 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125428.75    | 0.11%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ROCKETMTGE C0-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $166496.40    | 0.14%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    175000 | PA      | $157498.25    | 0.13%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                          | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    175000 | PA      | $150050.25    | 0.13%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC                       | Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp                     | CUSIP: 432891AK5<br>LEI: 549300406TN7EY0NPH20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145336.50    | 0.12%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                                              | CUSIP: 98421MAA4<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    180000 | PA      | $168307.20    | 0.14%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                                | Mercer International Inc                                                         | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |    210000 | PA      | $179686.50    | 0.15%             | 2029-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Spectrum Brands Inc                            | Spectrum Brands Inc                                                              | CUSIP: 84762LAU9<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |    107000 | PA      | $106194.29    | 0.09%             | 2025-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    106000 | PA      | $102862.40    | 0.09%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP                           | Entegris Escrow Corp                                                             | CUSIP: 29365BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $196916.85    | 0.17%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| UNITED NATURAL FOODS INC                       | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |    113000 | PA      | $109106.02    | 0.09%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    140000 | PA      | $126616.00    | 0.11%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                       | NCR Corp                                                                         | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    300000 | PA      | $261027.00    | 0.22%             | 2029-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WOLVERINE WORLD WIDE                           | Wolverine World Wide Inc                                                         | CUSIP: 978097AG8<br>LEI: 549300OVC7PK14LQ8D87 | Long             | DBT              | CORP              | US        |    125000 | PA      | $100422.50    | 0.08%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| DAVE & BUSTER'S INC                            | Dave & Buster's Inc                                                              | CUSIP: 23833NAH7<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | DBT              | CORP              | US        |    119000 | PA      | $121003.96    | 0.10%             | 2025-11-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                      | Ball Corp                                                                        | CUSIP: 058498AT3<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    235000 | PA      | $233756.85    | 0.20%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                                              | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    190000 | PA      | $162007.30    | 0.14%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $143478.85    | 0.12%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAB3<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    130000 | PA      | $116879.10    | 0.10%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    190000 | PA      | $166709.80    | 0.14%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                | Sealed Air Corp                                                                  | CUSIP: 81211KAK6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    125000 | PA      | $130002.50    | 0.11%             | 2033-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SPX FLOW INC                                   | SPX FLOW Inc                                                                     | CUSIP: 758071AA2<br>LEI: 5493003YXEKRBINIEM78 | Long             | DBT              | CORP              | US        |    110000 | PA      | $90973.30     | 0.08%             | 2030-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| CATALENT PHARMA SOLUTION                       | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAH1<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |    130000 | PA      | $107868.80    | 0.09%             | 2029-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| JAZZ SECURITIES DAC                            | Jazz Securities DAC                                                              | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |    360000 | PA      | $328878.00    | 0.28%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    245000 | PA      | $198401.00    | 0.17%             | 2081-06-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Steelcase Inc                                  | Steelcase Inc                                                                    | CUSIP: 858155AE4<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | DBT              | CORP              | US        |    105000 | PA      | $93648.45     | 0.08%             | 2029-01-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    105000 | PA      | $99554.70     | 0.08%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    275000 | PA      | $242099.00    | 0.20%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| SCRIPPS ESCROW INC                             | Scripps Escrow Inc                                                               | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $89318.00     | 0.08%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAH5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    125000 | PA      | $132493.75    | 0.11%             | 2027-12-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                           | Michaels Cos Inc/The                                                             | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    305000 | PA      | $231690.20    | 0.20%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    360000 | PA      | $296200.80    | 0.25%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL                         | Williams Scotsman International Inc                                              | CUSIP: 71953LAA9<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |    129000 | PA      | $129548.25    | 0.11%             | 2025-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBL4<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     75000 | PA      | $76251.00     | 0.06%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    145000 | PA      | $125243.75    | 0.11%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                         | Adient Global Holdings Ltd                                                       | CUSIP: 00687YAA3<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    200000 | PA      | $189782.00    | 0.16%             | 2026-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    230000 | PA      | $207623.30    | 0.18%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    220000 | PA      | $223082.20    | 0.19%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    330000 | PA      | $298669.80    | 0.25%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                          | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    220000 | PA      | $193795.80    | 0.16%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PITNEY BOWES INC                               | Pitney Bowes Inc                                                                 | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     90000 | PA      | $75593.70     | 0.06%             | 2027-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194666.00    | 0.16%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123124.50    | 0.10%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                 | Open Text Corp                                                                   | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    205000 | PA      | $170635.85    | 0.14%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BH9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    115000 | PA      | $115879.75    | 0.10%             | 2027-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORPORATION                             | Kohl's Corp                                                                      | CUSIP: 500255AV6<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66121.00     | 0.06%             | 2045-07-17      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    350000 | PA      | $302739.50    | 0.26%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC                       | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              |  | US        |    130000 | PA      | $106575.30    | 0.09%             | 2028-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    115000 | PA      | $113118.60    | 0.10%             | 2027-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                           | Michaels Cos Inc/The                                                             | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    215000 | PA      | $180232.35    | 0.15%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRINSEO OP / TRINSEO FIN                       | Trinseo Materials Operating SCA / Trinseo Materials Finance Inc                  | CUSIP: 89668QAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    100000 | PA      | $72217.00     | 0.06%             | 2029-04-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| ADVANCED DRAINAGE SYSTEM                       | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    135000 | PA      | $134107.65    | 0.11%             | 2030-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                              | Newell Brands Inc                                                                | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    113000 | PA      | $100621.98    | 0.08%             | 2036-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications Inc                       | iHeartCommunications Inc                                                         | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    315000 | PA      | $282394.35    | 0.24%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| AERCAP GLOBAL AVIATION T                       | AerCap Global Aviation Trust                                                     | CUSIP: 00773HAA5<br>LEI: 635400FBSV8LXXNRV758 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122201.25    | 0.10%             | 2045-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                             | Seagate HDD Cayman                                                               | CUSIP: 81180WAR2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    125000 | PA      | $121273.75    | 0.10%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WABASH NATIONAL CORP                           | Wabash National Corp                                                             | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |     85000 | PA      | $74794.90     | 0.06%             | 2028-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TEMPUR SEALY INTL INC                          | Tempur Sealy International Inc                                                   | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    185000 | PA      | $152617.60    | 0.13%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC                                  | ModivCare Inc                                                                    | CUSIP: 743815AE2<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | DBT              | CORP              | US        |    115000 | PA      | $111288.95    | 0.09%             | 2025-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBA7<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     85000 | PA      | $77406.10     | 0.07%             | 2028-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BL7<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    190000 | PA      | $183885.80    | 0.16%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| REALOGY GROUP/CO-ISSUER                        | Realogy Group LLC / Realogy Co-Issuer Corp                                       | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $172590.00    | 0.15%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $178509.60    | 0.15%             | 2024-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    165000 | PA      | $161584.50    | 0.14%             | 2032-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    195000 | PA      | $172420.95    | 0.15%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| SUNNOVA ENERGY CORP                            | Sunnova Energy Corp                                                              | CUSIP: 86745GAF0<br>LEI: 549300TH3GCD8YQUDR46 | Long             | DBT              | CORP              | US        |    115000 | PA      | $103505.75    | 0.09%             | 2026-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MAXAR TECHNOLOGIES INC                         | Maxar Technologies Inc                                                           | CUSIP: 57778KAC9<br>LEI: 549300OEN2G821MIJ922 | Long             | DBT              | CORP              | US        |    110000 | PA      | $114961.00    | 0.10%             | 2027-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    450000 | PA      | $283774.50    | 0.24%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                         | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              |  | US        |    250000 | PA      | $221945.00    | 0.19%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| HECLA MINING CO                                | Hecla Mining Co                                                                  | CUSIP: 422704AH9<br>LEI: 5493009Y6HOBZD1QD537 | Long             | DBT              | CORP              | US        |    110000 | PA      | $109842.70    | 0.09%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    125000 | PA      | $122646.25    | 0.10%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| IHEARTCOMMUNICATIONS INC                       | iHeartCommunications Inc                                                         | CUSIP: 45174HBE6<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    180000 | PA      | $161377.20    | 0.14%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315000 | PA      | $286939.80    | 0.24%             | 2027-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| IQVIA Inc                                      | IQVIA Inc                                                                        | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    275000 | PA      | $267352.25    | 0.23%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| DUN & BRADSTREET CORP                          | Dun & Bradstreet Corp/The                                                        | CUSIP: 26483EAL4<br>LEI: RI37BMPWE56BCJ747E14 | Long             | DBT              | CORP              | US        |    105000 | PA      | $93645.30     | 0.08%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| FAIR ISAAC CORP                                | Fair Isaac Corp                                                                  | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    220000 | PA      | $204351.40    | 0.17%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RITE AID CORP                                  | Rite Aid Corp                                                                    | CUSIP: 767754CL6<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |    235000 | PA      | $130996.05    | 0.11%             | 2026-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                            | Prestige Brands Inc                                                              | CUSIP: 74112BAL9<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |    110000 | PA      | $105563.70    | 0.09%             | 2028-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                       | Liberty Mutual Group Inc                                                         | CUSIP: 53079EAN4<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     95000 | PA      | $105495.60    | 0.09%             | 2037-03-15      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    145000 | PA      | $130862.50    | 0.11%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                    | McAfee Corp                                                                      | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    480000 | PA      | $396931.20    | 0.34%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| KAISER ALUMINUM CORP                           | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $114246.45    | 0.10%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| NCR CORP                                       | NCR Corp                                                                         | CUSIP: 62886EAU2<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    130000 | PA      | $126820.20    | 0.11%             | 2027-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD / LTEE                           | Videotron Ltd                                                                    | CUSIP: 92660FAK0<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |    145000 | PA      | $139816.25    | 0.12%             | 2027-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                        | Penske Automotive Group Inc                                                      | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142099.50    | 0.12%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                    | Netflix Inc                                                                      | CUSIP: 64110LAV8<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    235000 | PA      | $232581.85    | 0.20%             | 2030-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| COMMSCOPE TECH LLC                             | CommScope Technologies LLC                                                       | CUSIP: 20337YAA5<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    331000 | PA      | $313546.37    | 0.26%             | 2025-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HERBALIFE/HLF FINANCING                        | Herbalife Nutrition Ltd / HLF Financing Inc                                      | CUSIP: 42704MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    145000 | PA      | $136708.90    | 0.12%             | 2025-09-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                     | DaVita Inc                                                                       | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    360000 | PA      | $279860.40    | 0.24%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $117608.05    | 0.10%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                        | Studio City Finance Ltd                                                          | CUSIP: 86389QAF9<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    225000 | PA      | $203395.50    | 0.17%             | 2028-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    240000 | PA      | $214694.40    | 0.18%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Graham Holdings Co                             | Graham Holdings Co                                                               | CUSIP: 384637AA2<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |     95000 | PA      | $93906.55     | 0.08%             | 2026-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    250000 | PA      | $232775.00    | 0.20%             | 2027-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BR2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    250000 | PA      | $264232.50    | 0.22%             | 2029-01-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                            | Gray Television Inc                                                              | CUSIP: 389284AA8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    175000 | PA      | $159038.25    | 0.13%             | 2027-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| AVIENT CORP                                    | Avient Corp                                                                      | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    160000 | PA      | $161880.00    | 0.14%             | 2030-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| LPL HOLDINGS INC                               | LPL Holdings Inc                                                                 | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    230000 | PA      | $205829.30    | 0.17%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AVAYA INC                                      | Avaya Inc                                                                        | CUSIP: 053499AL3<br>LEI: J6LB5QIFSP2MFEFG4U76 | Long             | DBT              | CORP              | US        |    255000 | PA      | $75383.10     | 0.06%             | 2028-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| NEW GOLD INC                                   | New Gold Inc                                                                     | CUSIP: 644535AH9<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $84028.50     | 0.07%             | 2027-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ENSTAR FINANCE LLC                             | Enstar Finance LLC                                                               | CUSIP: 29360AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $103091.25    | 0.09%             | 2042-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                  | Methanex Corp                                                                    | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    180000 | PA      | $172065.60    | 0.15%             | 2027-10-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    213000 | PA      | $186081.06    | 0.16%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                          | American Airlines Inc                                                            | CUSIP: 023771S58<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    600000 | PA      | $668208.00    | 0.56%             | 2025-07-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                       | Sinclair Television Group Inc                                                    | CUSIP: 829259AY6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    115000 | PA      | $91705.60     | 0.08%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    175000 | PA      | $150510.50    | 0.13%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc                              | Post Holdings Inc                                                                | CUSIP: 737446AN4<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    232000 | PA      | $224098.08    | 0.19%             | 2028-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CORNERSTONE BUILDING                           | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |     90000 | PA      | $67323.60     | 0.06%             | 2029-01-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                        | VZ Secured Financing BV                                                          | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    375000 | PA      | $321131.25    | 0.27%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONEYGRAM INTERNATIONAL                        | MoneyGram International Inc                                                      | CUSIP: 60935YAA7<br>LEI: 5299002DLX0Q04KC4156 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101769.00    | 0.09%             | 2026-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                        | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 82453AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $94700.00     | 0.08%             | 2026-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                           | Chart Industries Inc                                                             | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    145000 | PA      | $151332.15    | 0.13%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    275000 | PA      | $238702.75    | 0.20%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                        | Studio City Finance Ltd                                                          | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    250000 | PA      | $203067.50    | 0.17%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                         | Group 1 Automotive Inc                                                           | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    180000 | PA      | $158110.20    | 0.13%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 013817AW1<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    280000 | PA      | $278966.80    | 0.24%             | 2024-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                         | Telecom Italia Capital SA                                                        | CUSIP: 87927VAF5<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |    245000 | PA      | $207321.45    | 0.18%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    165000 | PA      | $142416.45    | 0.12%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                                  | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    110000 | PA      | $84003.70     | 0.07%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                  | Coherent Corp                                                                    | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |    255000 | PA      | $233143.95    | 0.20%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AB8<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    135000 | PA      | $67536.45     | 0.06%             | 2025-10-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| RITCHIE BROS AUCTIONEERS                       | Ritchie Bros Auctioneers Inc                                                     | CUSIP: 767744AA3<br>LEI: 5493002H8U24DJXQ4886 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $124072.50    | 0.10%             | 2025-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                    | Gap Inc/The                                                                      | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    180000 | PA      | $134737.20    | 0.11%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Sensata Technologies BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAH6<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $100335.00    | 0.08%             | 2024-11-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| GATES GLOBAL/GATES CORP                        | Gates Global LLC / Gates Corp                                                    | CUSIP: 36740LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $147771.00    | 0.12%             | 2026-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| EXELA INTERMED/EXELA FIN                       | Exela Intermediate LLC / Exela Finance Inc                                       | CUSIP: 30162RAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    347000 | PA      | $42233.37     | 0.04%             | 2026-07-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    145000 | PA      | $148944.00    | 0.13%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 871503AU2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    275000 | PA      | $269643.00    | 0.23%             | 2025-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                          | Scripps Escrow II Inc                                                            | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $92762.45     | 0.08%             | 2031-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| IRON MOUNTAIN INFO MGMT                        | Iron Mountain Information Management Services Inc                                | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |    180000 | PA      | $156220.20    | 0.13%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              |  | US        |    220000 | PA      | $171096.20    | 0.14%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| TransDigm Inc                                  | TransDigm Inc                                                                    | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    855000 | PA      | $854683.65    | 0.72%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                       | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |    190000 | PA      | $167258.90    | 0.14%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    356000 | PA      | $305081.32    | 0.26%             | 2030-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                              | Newell Brands Inc                                                                | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    495000 | PA      | $470205.45    | 0.40%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $245300.00    | 0.21%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                      | Nokia Oyj                                                                        | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    110000 | PA      | $112143.90    | 0.09%             | 2039-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TWILIO INC                                     | Twilio Inc                                                                       | CUSIP: 90138FAD4<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |    140000 | PA      | $116068.40    | 0.10%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares                            | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  24561833 | NS      | $24576569.71  | 20.75%            |  |  |  | No            |                  1 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    135000 | PA      | $121441.95    | 0.10%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    225000 | PA      | $213655.50    | 0.18%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $459091.50    | 0.39%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                         | Telecom Italia Capital SA                                                        | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |    250000 | PA      | $215672.50    | 0.18%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 156700BD7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    235000 | PA      | $157910.60    | 0.13%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| SENSATA TECH INC                               | Sensata Technologies Inc                                                         | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    105000 | PA      | $95054.40     | 0.08%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187544.00    | 0.16%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    120000 | PA      | $111020.40    | 0.09%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR                       | Cogent Communications Group Inc                                                  | CUSIP: 19240CAC7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    135000 | PA      | $125089.65    | 0.11%             | 2026-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    220000 | PA      | $201621.20    | 0.17%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                    | Netflix Inc                                                                      | CUSIP: 64110LAX4<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    200000 | PA      | $214472.00    | 0.18%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                       | Diamond Sports Group LLC / Diamond Sports Finance Co                             | CUSIP: 25277LAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $58312.00     | 0.05%             | 2026-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    305000 | PA      | $262452.50    | 0.22%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| NCR CORP                                       | NCR Corp                                                                         | CUSIP: 62886EAV0<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118840.80    | 0.10%             | 2029-09-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 013817AK7<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151281.00    | 0.13%             | 2037-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications Inc                       | iHeartCommunications Inc                                                         | CUSIP: 45174HBC0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    180000 | PA      | $172594.80    | 0.15%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                  | Nordstrom Inc                                                                    | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    110000 | PA      | $82646.30     | 0.07%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    450000 | PA      | $266116.50    | 0.22%             | 2030-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                               | Cinemark USA Inc                                                                 | CUSIP: 172441BD8<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    115000 | PA      | $103353.95    | 0.09%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    405000 | PA      | $392347.80    | 0.33%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ORGANON & CO/ORG                               | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $450150.00    | 0.38%             | 2031-04-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| CONSTELLIUM SE                                 | Constellium SE                                                                   | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |    125000 | PA      | $106826.25    | 0.09%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AF2<br>LEI: N/A                  | Long             | DBT              |  | US        |    191000 | PA      | $179236.31    | 0.15%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Jeld-Wen Inc                                   | JELD-WEN Inc                                                                     | CUSIP: 475795AD2<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     90000 | PA      | $73447.20     | 0.06%             | 2027-12-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    195000 | PA      | $173278.95    | 0.15%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    385000 | PA      | $351890.00    | 0.30%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                       | Sinclair Television Group Inc                                                    | CUSIP: 829259BA7<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    175000 | PA      | $139133.75    | 0.12%             | 2030-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| RACKSPACE TECHNOLOGY                           | Rackspace Technology Global Inc                                                  | CUSIP: 750098AA3<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |    125000 | PA      | $45975.00     | 0.04%             | 2028-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Seagate HDD Cayman                             | Seagate HDD Cayman                                                               | CUSIP: 81180WAL5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    120000 | PA      | $117789.60    | 0.10%             | 2025-01-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                                                      | CUSIP: 64110LAN6<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198802.00    | 0.17%             | 2026-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     95000 | PA      | $93163.65     | 0.08%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    260000 | PA      | $236381.60    | 0.20%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| LIBERTY MUTUAL GROUP INC                       | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    205000 | PA      | $134143.80    | 0.11%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CELLNEX FINANCE                                | Cellnex Finance Co SA                                                            | CUSIP: 15118JAA3<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |    150000 | PA      | $111339.00    | 0.09%             | 2041-07-07      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              |  | US        |    205000 | PA      | $178237.25    | 0.15%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CARS.COM INC                                   | Cars.com Inc                                                                     | CUSIP: 14575EAA3<br>LEI: 5493002G6J07LNGX4M98 | Long             | DBT              | CORP              | US        |     90000 | PA      | $83526.30     | 0.07%             | 2028-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| XHR LP                                         | XHR LP                                                                           | CUSIP: 98372MAA3<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |    120000 | PA      | $118819.20    | 0.10%             | 2025-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                 | Hertz Corp/The                                                                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    135000 | PA      | $119946.15    | 0.10%             | 2026-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ENVIVA PARTNERS LP/FIN C                       | Enviva Partners LP / Enviva Partners Finance Corp                                | CUSIP: 29413XAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $117058.75    | 0.10%             | 2026-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    195000 | PA      | $190138.65    | 0.16%             | 2032-04-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                        | QVC Inc                                                                          | CUSIP: 747262AU7<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106580.00    | 0.09%             | 2025-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: —       |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAG9<br>LEI: N/A                  | Long             | DBT              |  | US        |    110000 | PA      | $100415.70    | 0.08%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| CABLEVISION LIGHTPATH                          | Cablevision Lightpath LLC                                                        | CUSIP: 12687GAA7<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106795.00    | 0.09%             | 2027-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Bed Bath & Beyond Inc                          | Bed Bath & Beyond Inc                                                            | CUSIP: 075896AC4<br>LEI: 529900ZBUWWUV7BKGX39 | Long             | DBT              | CORP              | US        |    180000 | PA      | $8278.20      | 0.01%             | 2044-08-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                            | United Airlines Inc                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    495000 | PA      | $451652.85    | 0.38%             | 2029-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 000000000<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75699.00     | 0.06%             | 2028-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                         | Cushman & Wakefield US Borrower LLC                                              | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $169046.50    | 0.14%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| CAMELOT FINANCE SA                             | Camelot Finance SA                                                               | CUSIP: 13323AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    175000 | PA      | $166491.50    | 0.14%             | 2026-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Coty Inc                                       | Coty Inc                                                                         | CUSIP: 222070AB0<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123250.00    | 0.10%             | 2026-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAC6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    195000 | PA      | $199151.55    | 0.17%             | 2025-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                              | Triumph Group Inc                                                                | CUSIP: 896818AS0<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |    135000 | PA      | $137573.10    | 0.12%             | 2024-06-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                         | Open Text Holdings Inc                                                           | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147000 | PA      | $119490.42    | 0.10%             | 2031-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    300000 | PA      | $221025.00    | 0.19%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    260000 | PA      | $223654.60    | 0.19%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PGT INNOVATIONS INC                            | PGT Innovations Inc                                                              | CUSIP: 69336VAB7<br>LEI: 549300LRW9WM59C1S579 | Long             | DBT              | CORP              | US        |    140000 | PA      | $120780.80    | 0.10%             | 2029-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                            | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    110000 | PA      | $97146.50     | 0.08%             | 2031-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                  | Nordstrom Inc                                                                    | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    110000 | PA      | $88310.20     | 0.07%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                            | TreeHouse Foods Inc                                                              | CUSIP: 89469AAD6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |    135000 | PA      | $114103.35    | 0.10%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                            | CUSIP: 29261AAA8<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186740.00    | 0.16%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ISTAR INC                                      | iStar Inc                                                                        | CUSIP: 45031UCG4<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |    145000 | PA      | $143948.75    | 0.12%             | 2025-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    495000 | PA      | $440020.35    | 0.37%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL CINEMEDIA LLC                         | National CineMedia LLC                                                           | CUSIP: 63530QAJ8<br>LEI: 7LJEQIVQVLNGS4X6T547 | Long             | DBT              | CORP              | US        |    110000 | PA      | $28344.80     | 0.02%             | 2028-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| GARTNER INC                                    | Gartner Inc                                                                      | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190154.00    | 0.16%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OPTION CARE HEALTH INC                         | Option Care Health Inc                                                           | CUSIP: 68404LAA0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | DBT              | CORP              | US        |    135000 | PA      | $117096.30    | 0.10%             | 2029-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION                       | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAK4<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |    155000 | PA      | $128064.10    | 0.11%             | 2030-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                              | Iron Mountain Inc                                                                | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    200000 | PA      | $190144.00    | 0.16%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                            | Silgan Holdings Inc                                                              | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    130000 | PA      | $121500.60    | 0.10%             | 2028-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CommScope Inc                                  | CommScope Inc                                                                    | CUSIP: 20338QAA1<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    250000 | PA      | $212562.50    | 0.18%             | 2027-03-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| HERTZ CORP/THE                                 | Hertz Corp/The                                                                   | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    235000 | PA      | $192060.80    | 0.16%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOMTAR CORP                                    | Domtar Corp                                                                      | CUSIP: 70478JAA2<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138208.50    | 0.12%             | 2028-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    260000 | PA      | $244852.40    | 0.21%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| TOPBUILD CORP                                  | TopBuild Corp                                                                    | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    120000 | PA      | $101791.20    | 0.09%             | 2032-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    335000 | PA      | $283269.30    | 0.24%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| SEAGATE HDD CAYMAN                             | Seagate HDD Cayman                                                               | CUSIP: 81180WBG5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    176400 | PA      | $199808.28    | 0.17%             | 2032-12-01      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    270000 | PA      | $245943.00    | 0.21%             | 2032-01-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Tutor Perini Corp                              | Tutor Perini Corp                                                                | CUSIP: 901109AF5<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | DBT              | CORP              | US        |    125000 | PA      | $111347.50    | 0.09%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| COVANTA HOLDING CORP                           | Covanta Holding Corp                                                             | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |    195000 | PA      | $170414.40    | 0.14%             | 2029-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                    | Avient Corp                                                                      | CUSIP: 73179PAM8<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    170000 | PA      | $168536.30    | 0.14%             | 2025-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    160000 | PA      | $138764.80    | 0.12%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| MERLIN ENTERTAINMENTS                          | Merlin Entertainments Ltd                                                        | CUSIP: 59010QAB2<br>LEI: 549300ZTI0VEFO6WV007 | Long             | DBT              | CORP              | GB        |     95000 | PA      | $90557.80     | 0.08%             | 2026-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA                             | Telecom Italia SpA/Milano                                                        | CUSIP: 87927YAA0<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $194632.00    | 0.16%             | 2024-05-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    260000 | PA      | $223215.20    | 0.19%             | 2031-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    155000 | PA      | $133386.80    | 0.11%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    360000 | PA      | $301147.20    | 0.25%             | 2032-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Under Armour Inc                               | Under Armour Inc                                                                 | CUSIP: 904311AA5<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |    145000 | PA      | $132344.40    | 0.11%             | 2026-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 81211KAY6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92481.00     | 0.08%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    225000 | PA      | $165174.75    | 0.14%             | 2030-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| ENERGIZER HOLDINGS INC                         | Energizer Holdings Inc                                                           | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    195000 | PA      | $169029.90    | 0.14%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                              | Triumph Group Inc                                                                | CUSIP: 896818AQ4<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120830.00    | 0.10%             | 2024-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                        | Surgery Center Holdings Inc                                                      | CUSIP: 86881WAD4<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112786.30    | 0.10%             | 2027-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| HILTON GRAND VAC BOR ESC                       | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $104012.40    | 0.09%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                  | TransDigm Inc                                                                    | CUSIP: 893647BB2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172817.75    | 0.15%             | 2026-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     95000 | PA      | $80550.50     | 0.07%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU                       | Camelot Return Merger Sub Inc                                                    | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $159834.00    | 0.13%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAA5<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    160000 | PA      | $149233.60    | 0.13%             | 2025-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124870.50    | 0.11%             | 2031-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SYNEOS HEALTH INC                              | Syneos Health Inc                                                                | CUSIP: 87166BAA0<br>LEI: 549300F1ZGKDS8P6GU13 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121332.00    | 0.10%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                        | Grand Canyon University                                                          | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $85308.30     | 0.07%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAD9<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    180000 | PA      | $166899.60    | 0.14%             | 2028-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59791.00     | 0.05%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ACI Worldwide Inc                              | ACI Worldwide Inc                                                                | CUSIP: 004498AB7<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89147.70     | 0.08%             | 2026-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| 180 MEDICAL INC                                | 180 Medical Inc                                                                  | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |    135000 | PA      | $120028.50    | 0.10%             | 2029-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRIPADVISOR INC                                | TripAdvisor Inc                                                                  | CUSIP: 896945AA0<br>LEI: 549300XVG45PT5BART17 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135614.25    | 0.11%             | 2025-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    130000 | PA      | $125762.00    | 0.11%             | 2028-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GRAY ESCROW II INC                             | Gray Escrow II Inc                                                               | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $253796.40    | 0.21%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| CABLE ONE INC                                  | Cable One Inc                                                                    | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |    155000 | PA      | $128198.95    | 0.11%             | 2030-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BN2<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $212037.50    | 0.18%             | 2027-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106448.75    | 0.09%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    365000 | PA      | $321210.95    | 0.27%             | 2030-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAD9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     90000 | PA      | $78543.00     | 0.07%             | 2030-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FOOT LOCKER INC                                | Foot Locker Inc                                                                  | CUSIP: 344849AA2<br>LEI: 549300X383CBNP6MTV94 | Long             | DBT              | CORP              | US        |     90000 | PA      | $76020.30     | 0.06%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hanesbrands Inc                                | Hanesbrands Inc                                                                  | CUSIP: 410345AJ1<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    230000 | PA      | $226145.20    | 0.19%             | 2024-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                | Hillenbrand Inc                                                                  | CUSIP: 431571AD0<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100505.00    | 0.08%             | 2025-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                    | Hologic Inc                                                                      | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    235000 | PA      | $206922.20    | 0.17%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Hologic Inc                                    | Hologic Inc                                                                      | CUSIP: 436440AM3<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    110000 | PA      | $105266.70    | 0.09%             | 2028-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    235000 | PA      | $180914.75    | 0.15%             | 2081-06-04      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MUELLER WATER PRODUCTS                         | Mueller Water Products Inc                                                       | CUSIP: 624758AF5<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | DBT              | CORP              | US        |    101000 | PA      | $90179.87     | 0.08%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                  | B&G Foods Inc                                                                    | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    134000 | PA      | $108320.24    | 0.09%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| OWENS & MINOR INC                              | Owens & Minor Inc                                                                | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    140000 | PA      | $123912.60    | 0.10%             | 2030-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                            | Meritage Homes Corp                                                              | CUSIP: 59001AAY8<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    111000 | PA      | $111512.82    | 0.09%             | 2025-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| REALOGY GROUP/CO-ISSUER                        | Realogy Group LLC / Realogy Co-Issuer Corp                                       | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $187487.50    | 0.16%             | 2030-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CommScope Inc                                  | CommScope Inc                                                                    | CUSIP: 20338QAD5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    360000 | PA      | $345168.00    | 0.29%             | 2026-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| KFC HLD/PIZZA HUT/TACO                         | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                   | CUSIP: 48250NAC9<br>LEI: 549300G2LG4YUB3MM115 | Long             | DBT              | CORP              | US        |    180000 | PA      | $175654.80    | 0.15%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120648.00    | 0.10%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 156700BB1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    180000 | PA      | $153934.20    | 0.13%             | 2026-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    195000 | PA      | $172294.20    | 0.15%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BB1<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    115000 | PA      | $112367.65    | 0.09%             | 2025-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AECOM                                          | AECOM                                                                            | CUSIP: 00774CAB3<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |    255000 | PA      | $250534.95    | 0.21%             | 2027-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Jeld-Wen Inc                                   | JELD-WEN Inc                                                                     | CUSIP: 475795AC4<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |    115000 | PA      | $101766.95    | 0.09%             | 2025-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 550241AA1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    125000 | PA      | $87093.75     | 0.07%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| TEMPUR SEALY INTL INC                          | Tempur Sealy International Inc                                                   | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    205000 | PA      | $179053.15    | 0.15%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| CEDAR FAIR/CAN/MAGNUM/MI                       | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $263171.50    | 0.22%             | 2025-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                        | SBA Communications Corp                                                          | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |    385000 | PA      | $355655.30    | 0.30%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                        | Stagwell Global LLC                                                              | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    285000 | PA      | $249845.25    | 0.21%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES GROUP                        | American Airlines Group Inc                                                      | CUSIP: 02376RAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $116857.50    | 0.10%             | 2025-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                              | Herc Holdings Inc                                                                | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    305000 | PA      | $292138.15    | 0.25%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hanesbrands Inc                                | Hanesbrands Inc                                                                  | CUSIP: 410345AL6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    220000 | PA      | $205702.20    | 0.17%             | 2026-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAL9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    110000 | PA      | $106431.60    | 0.09%             | 2025-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORPORATION                       | Vertiv Group Corp                                                                | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |    210000 | PA      | $182674.80    | 0.15%             | 2028-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| SONIC AUTOMOTIVE INC                           | Sonic Automotive Inc                                                             | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124758.00    | 0.11%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| DIEBOLD NIXDORF INC                            | Diebold Nixdorf Inc                                                              | CUSIP: 253651AD5<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    195000 | PA      | $128323.65    | 0.11%             | 2025-07-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: —       |
| Videotron Ltd                                  | Videotron Ltd                                                                    | CUSIP: 92660FAG9<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $149427.00    | 0.13%             | 2024-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                           | WMG Acquisition Corp                                                             | CUSIP: 92933BAR5<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |    200000 | PA      | $165608.00    | 0.14%             | 2031-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                  | Synaptics Inc                                                                    | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |     90000 | PA      | $78164.10     | 0.07%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Brink's Co/The                                 | Brink's Co/The                                                                   | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    168000 | PA      | $157589.04    | 0.13%             | 2027-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                    | Gartner Inc                                                                      | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    195000 | PA      | $172752.45    | 0.15%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DRESDNER FNDG TRUST I                          | Dresdner Funding Trust I                                                         | CUSIP: 26156FAA1<br>LEI: 549300ZEO4BKB37E3J03 | Long             | DBT              | CORP              | US        |    250000 | PA      | $271695.00    | 0.23%             | 2031-06-30      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAW5<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     95000 | PA      | $90259.50     | 0.08%             | 2024-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                           | Rackspace Technology Global Inc                                                  | CUSIP: 750098AB1<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |    150000 | PA      | $90187.50     | 0.08%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| SONIC AUTOMOTIVE INC                           | Sonic Automotive Inc                                                             | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    135000 | PA      | $107590.95    | 0.09%             | 2031-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAK5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    105000 | PA      | $104955.90    | 0.09%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                         | Telecom Italia Capital SA                                                        | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |    250000 | PA      | $212957.50    | 0.18%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE                       | Compass Group Diversified Holdings LLC                                           | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |    260000 | PA      | $234117.00    | 0.20%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                       | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    115000 | PA      | $110732.35    | 0.09%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP                        | Pediatrix Medical Group Inc                                                      | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $97317.00     | 0.08%             | 2030-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| APOLLO CMMRL REAL EST FI                       | Apollo Commercial Real Estate Finance Inc                                        | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              |  | US        |    114000 | PA      | $93337.50     | 0.08%             | 2029-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    247000 | PA      | $232691.29    | 0.20%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ZIGGO BOND CO BV                               | Ziggo Bond Co BV                                                                 | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    125000 | PA      | $103292.50    | 0.09%             | 2030-02-28      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR LP                                  | Cedar Fair LP                                                                    | CUSIP: 150190AE6<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |    119000 | PA      | $109476.43    | 0.09%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    220000 | PA      | $215668.20    | 0.18%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    245000 | PA      | $221448.15    | 0.19%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    274000 | PA      | $234891.98    | 0.20%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    315000 | PA      | $334372.50    | 0.28%             | 2027-08-15      | Fixed         | 11.63%                | No            |                  2 | On Loan: —       |
| CATALENT PHARMA SOLUTION                       | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAE8<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |    120000 | PA      | $113988.00    | 0.10%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROBLOX CORP                                    | ROBLOX Corp                                                                      | CUSIP: 771049AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $219122.80    | 0.19%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153AZ5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    330000 | PA      | $354076.80    | 0.30%             | 2025-06-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              |  | US        |    175000 | PA      | $161915.25    | 0.14%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    725000 | PA      | $701858.00    | 0.59%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                        | QVC Inc                                                                          | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143545.50    | 0.12%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANC                               | Credit Acceptance Corp                                                           | CUSIP: 225310AN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $93763.00     | 0.08%             | 2024-12-31      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| SEAGATE HDD CAYMAN                             | Seagate HDD Cayman                                                               | CUSIP: 81180WBC4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    140000 | PA      | $124387.20    | 0.11%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                           | Carpenter Technology Corp                                                        | CUSIP: 144285AL7<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108397.30    | 0.09%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| AMN HEALTHCARE INC                             | AMN Healthcare Inc                                                               | CUSIP: 00175PAB9<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |    115000 | PA      | $106671.70    | 0.09%             | 2027-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    210000 | PA      | $177315.60    | 0.15%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                            | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $197865.00    | 0.17%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ENERGIZER HOLDINGS INC                         | Energizer Holdings Inc                                                           | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    145000 | PA      | $129775.00    | 0.11%             | 2028-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                       | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                 | CUSIP: 84859BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    145000 | PA      | $148362.55    | 0.13%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    245000 | PA      | $220882.20    | 0.19%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BLACK KNIGHT INFOSERV LL                       | Black Knight InfoServ LLC                                                        | CUSIP: 092174AA9<br>LEI: 549300H5PS5C68DAUX66 | Long             | DBT              | CORP              | US        |    260000 | PA      | $231345.40    | 0.20%             | 2028-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    235000 | PA      | $197169.70    | 0.17%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              |  | US        |    145000 | PA      | $129147.15    | 0.11%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Teleflex Inc                                   | Teleflex Inc                                                                     | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    135000 | PA      | $128974.95    | 0.11%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                             | CommScope Technologies LLC                                                       | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    180000 | PA      | $137464.20    | 0.12%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                        | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    235000 | PA      | $137970.85    | 0.12%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    145000 | PA      | $135328.50    | 0.11%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAD0<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $152316.00    | 0.13%             | 2024-11-30      | Fixed         | 10.25%                | No            |                  2 | On Loan: —       |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185024.00    | 0.16%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| SOTHEBY'S                                      | Sotheby's                                                                        | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193396.00    | 0.16%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| JAMES HARDIE INTL FIN                          | James Hardie International Finance DAC                                           | CUSIP: 47032FAB5<br>LEI: 635400G32A4Q1LVQ8M88 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $95555.00     | 0.08%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    110000 | PA      | $104971.90    | 0.09%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                     | Arcosa Inc                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |     95000 | PA      | $84831.20     | 0.07%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BK2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    205000 | PA      | $209223.00    | 0.18%             | 2025-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KONTOOR BRANDS INC                             | Kontoor Brands Inc                                                               | CUSIP: 50050NAA1<br>LEI: 549300M0CPXV65RFF271 | Long             | DBT              | CORP              | US        |    114000 | PA      | $98478.90     | 0.08%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| SIX FLAGS ENTERTAINMENT                        | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAB8<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |    245000 | PA      | $239764.35    | 0.20%             | 2024-07-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    235000 | PA      | $222627.25    | 0.19%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| GRAY TELEVISION INC                            | Gray Television Inc                                                              | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    195000 | PA      | $145620.15    | 0.12%             | 2030-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $110724.90    | 0.09%             | 2025-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CTR PARTNERSHIP/CARETRST                       | CTR Partnership LP / CareTrust Capital Corp                                      | CUSIP: 126458AE8<br>LEI: N/A                  | Long             | DBT              |  | US        |    110000 | PA      | $98430.20     | 0.08%             | 2028-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TELENET FINANCE LUX NOTE                       | Telenet Finance Luxembourg Notes Sarl                                            | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $371608.00    | 0.31%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                         | Blackstone Mortgage Trust Inc                                                    | CUSIP: 09257WAD2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              |  | US        |    100000 | PA      | $88236.00     | 0.07%             | 2027-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111514.70    | 0.09%             | 2029-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| CARGO AIRCRAFT MANAGEMEN                       | Cargo Aircraft Management Inc                                                    | CUSIP: 14180LAA4<br>LEI: 549300GH5J7LOMV44F11 | Long             | DBT              | CORP              | US        |    135000 | PA      | $122137.20    | 0.10%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    120000 | PA      | $116578.80    | 0.10%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ELASTIC NV                                     | Elastic NV                                                                       | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |    135000 | PA      | $115662.60    | 0.10%             | 2029-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    525000 | PA      | $454770.75    | 0.38%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                                       | Ziggo BV                                                                         | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $218087.50    | 0.18%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153AW2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    115000 | PA      | $90663.70     | 0.08%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: —       |
| PRIMO WATER HOLDINGS INC                       | Primo Water Holdings Inc                                                         | CUSIP: 74168LAA4<br>LEI: 9845008F9A5F2E1D4832 | Long             | DBT              | CORP              | US        |    190000 | PA      | $166004.90    | 0.14%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                        | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CAP9<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    350000 | PA      | $176277.50    | 0.15%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $155364.00    | 0.13%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $211562.00    | 0.18%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| PRA Health Sciences Inc                        | PRA Health Sciences Inc                                                          | CUSIP: 45569KAA1<br>LEI: 549300R1HR1VWWHIAK47 | Long             | DBT              | CORP              | US        |    125000 | PA      | $114381.25    | 0.10%             | 2026-07-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    195000 | PA      | $170738.10    | 0.14%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                               | Berry Global Inc                                                                 | CUSIP: 085770AB1<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122881.25    | 0.10%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| LPL HOLDINGS INC                               | LPL Holdings Inc                                                                 | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     95000 | PA      | $83241.85     | 0.07%             | 2031-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNISYS CORP                                    | Unisys Corp                                                                      | CUSIP: 909214BV9<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |    115000 | PA      | $87181.50     | 0.07%             | 2027-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    220000 | PA      | $161020.20    | 0.14%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AJ6<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    135000 | PA      | $119365.65    | 0.10%             | 2031-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315000 | PA      | $256545.45    | 0.22%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    247000 | PA      | $214613.36    | 0.18%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAA6<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $176000.00    | 0.15%             | 2026-04-22      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    120000 | PA      | $104557.20    | 0.09%             | 2029-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| CENTURY COMMUNITIES                            | Century Communities Inc                                                          | CUSIP: 156504AL6<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    135000 | PA      | $133625.70    | 0.11%             | 2027-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NMI HOLDINGS                                   | NMI Holdings Inc                                                                 | CUSIP: 629209AA5<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85961.35     | 0.07%             | 2025-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                      | IQVIA Inc                                                                        | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243675.00    | 0.21%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168008.00    | 0.14%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                | Sealed Air Corp                                                                  | CUSIP: 81211KAX8<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84575.85     | 0.07%             | 2025-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| NCR CORP                                       | NCR Corp                                                                         | CUSIP: 62886EAZ1<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     95000 | PA      | $82489.45     | 0.07%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                        | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    360000 | PA      | $305146.80    | 0.26%             | 2029-02-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| NETFLIX INC                                    | Netflix Inc                                                                      | CUSIP: 64110LAY2<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    125000 | PA      | $121110.00    | 0.10%             | 2025-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COTY INC                                       | Coty Inc                                                                         | CUSIP: 222070AE4<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    225000 | PA      | $215534.25    | 0.18%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOPER-STANDARD AUTOMOTI                       | Cooper-Standard Automotive Inc                                                   | CUSIP: 216762AH7<br>LEI: ITCH5B3Q4RTX2PH9UN62 | Long             | DBT              | CORP              | US        |    159500 | PA      | $165481.25    | 0.14%             | 2027-03-31      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| Aramark Services Inc                           | Aramark Services Inc                                                             | CUSIP: 038522AP3<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    165000 | PA      | $162609.15    | 0.14%             | 2025-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                                                      | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    400000 | PA      | $399660.00    | 0.34%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ODEON FINCO PLC                                | Odeon Finco PLC                                                                  | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $92179.00     | 0.08%             | 2027-11-01      | Fixed         | 12.75%                | No            |                  2 | On Loan: —       |
| ARAMARK SERVICES INC                           | Aramark Services Inc                                                             | CUSIP: 038522AR9<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    375000 | PA      | $374970.00    | 0.32%             | 2025-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HAP6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    150000 | PA      | $140814.00    | 0.12%             | 2024-12-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Darling Ingredients Inc                        | Darling Ingredients Inc                                                          | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    125000 | PA      | $121892.50    | 0.10%             | 2027-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SYLVAMO CORP                                   | Sylvamo Corp                                                                     | CUSIP: 87133LAA8<br>LEI: 5493001AOYU1ZOWOC971 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119750.00    | 0.10%             | 2029-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| DIAMOND BC BV                                  | Diamond BC BV                                                                    | CUSIP: 25257DAA6<br>LEI: 549300SWLHWJF3D4N658 | Long             | DBT              | CORP              | NL        |    110000 | PA      | $92423.10     | 0.08%             | 2029-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    360000 | PA      | $365727.60    | 0.31%             | 2025-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| THOR INDUSTRIES                                | Thor Industries Inc                                                              | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |    135000 | PA      | $112232.25    | 0.09%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| SELECT MEDICAL CORP                            | Select Medical Corp                                                              | CUSIP: 816196AT6<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    310000 | PA      | $302736.70    | 0.26%             | 2026-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                       | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |    120000 | PA      | $104671.20    | 0.09%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COOPER-STANDARD AUTOMOTI                       | Cooper-Standard Automotive Inc                                                   | CUSIP: 216762AJ3<br>LEI: ITCH5B3Q4RTX2PH9UN62 | Long             | DBT              | CORP              | US        |    110000 | PA      | $52804.40     | 0.04%             | 2027-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SUMMIT MATERIALS LLC/FIN                       | Summit Materials LLC / Summit Materials Finance Corp                             | CUSIP: 86614RAN7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $155009.25    | 0.13%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GLATFELTER                                     | Glatfelter Corp                                                                  | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    115000 | PA      | $80579.35     | 0.07%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| SLM CORP                                       | SLM Corp                                                                         | CUSIP: 78442PGD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $112382.40    | 0.09%             | 2025-10-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                            | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $205353.20    | 0.17%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    114000 | PA      | $105641.52    | 0.09%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AF9<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    165000 | PA      | $74254.95     | 0.06%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TELEFLEX INC                                   | Teleflex Inc                                                                     | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    115000 | PA      | $106226.65    | 0.09%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    165000 | PA      | $135610.20    | 0.11%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                              | Newell Brands Inc                                                                | CUSIP: 651229AY2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    155000 | PA      | $129059.20    | 0.11%             | 2046-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAL4<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    285000 | PA      | $285943.35    | 0.24%             | 2025-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                       | iHeartCommunications Inc                                                         | CUSIP: 45174HBG1<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    130000 | PA      | $111228.00    | 0.09%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $129718.45    | 0.11%             | 2029-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| GRIFOLS ESCROW ISSUER                          | Grifols Escrow Issuer SA                                                         | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |    190000 | PA      | $165201.20    | 0.14%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                       | Nexstar Media Inc                                                                | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    250000 | PA      | $225085.00    | 0.19%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $128211.90    | 0.11%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOL                       | Aston Martin Capital Holdings Ltd                                                | CUSIP: 04625HAG4<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |    275000 | PA      | $269948.25    | 0.23%             | 2025-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| COTY/HFC PRESTIGE/INT US                       | Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC             | CUSIP: 222070AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $100390.40    | 0.08%             | 2029-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                       | Nexstar Media Inc                                                                | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    440000 | PA      | $419179.20    | 0.35%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    160000 | PA      | $158825.60    | 0.13%             | 2026-07-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    110000 | PA      | $98725.00     | 0.08%             | 2026-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                        | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAB1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    270000 | PA      | $185565.60    | 0.16%             | 2028-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| CONSENSUS CLOUD SOLUTION                       | Consensus Cloud Solutions Inc                                                    | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $107711.30    | 0.09%             | 2028-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    140000 | PA      | $127974.00    | 0.11%             | 2030-08-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                     | DaVita Inc                                                                       | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    675000 | PA      | $568667.25    | 0.48%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AH0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    140000 | PA      | $137158.00    | 0.12%             | 2024-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| TRIMAS CORP                                    | TriMas Corp                                                                      | CUSIP: 896215AH3<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | DBT              | CORP              | US        |     90000 | PA      | $80102.70     | 0.07%             | 2029-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CARRIAGE SERVICES INC                          | Carriage Services Inc                                                            | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $74025.90     | 0.06%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LIONS GATE CAPITAL HOLD                        | Lions Gate Capital Holdings LLC                                                  | CUSIP: 53627NAE1<br>LEI: 549300MWJHNLR35C0837 | Long             | DBT              | CORP              | US        |    245000 | PA      | $159129.95    | 0.13%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BP7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    180000 | PA      | $155901.60    | 0.13%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: —       |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    315000 | PA      | $292269.60    | 0.25%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     80000 | PA      | $72408.80     | 0.06%             | 2028-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                                | NCL Finance Ltd                                                                  | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    125000 | PA      | $101587.50    | 0.09%             | 2028-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AD4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    165000 | PA      | $71847.60     | 0.06%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAA1<br>LEI: N/A                  | Long             | DBT              |  | US        |    155000 | PA      | $157166.90    | 0.13%             | 2025-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    165000 | PA      | $140037.15    | 0.12%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: —       |
| AMERICAN AIRLINES/AADVAN                       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    850000 | PA      | $833595.00    | 0.70%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                            | Gray Television Inc                                                              | CUSIP: 389375AJ5<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    165000 | PA      | $151276.95    | 0.13%             | 2026-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MOTION BONDCO DAC                              | Motion Bondco DAC                                                                | CUSIP: 61978XAA5<br>LEI: 635400KFD3IETNQLA755 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $90402.00     | 0.08%             | 2027-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    190000 | PA      | $178106.00    | 0.15%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $139504.00    | 0.12%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                              | Clean Harbors Inc                                                                | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15280.20     | 0.01%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                 | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    140000 | PA      | $137631.20    | 0.12%             | 2027-05-13      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119447.50    | 0.10%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CNTRL PARENT/CDK GLB INC                       | Central Parent Inc / CDK Global Inc                                              | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $179620.20    | 0.15%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                       | Sensata Technologies Inc                                                         | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    175000 | PA      | $149387.00    | 0.13%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PTC Inc                                        | PTC Inc                                                                          | CUSIP: 69370CAB6<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |    134000 | PA      | $128524.76    | 0.11%             | 2025-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc                           | Aramark Services Inc                                                             | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    275000 | PA      | $259440.50    | 0.22%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    210000 | PA      | $156223.20    | 0.13%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| OPEN TEXT CORP                                 | Open Text Corp                                                                   | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    230000 | PA      | $199904.50    | 0.17%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| UNIVAR SOLUTIONS USA INC                       | Univar Solutions USA Inc/Washington                                              | CUSIP: 91337CAA4<br>LEI: 5493008FTB9VZW6CVA82 | Long             | DBT              | CORP              | US        |    115000 | PA      | $111656.95    | 0.09%             | 2027-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAM1<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    295000 | PA      | $294035.35    | 0.25%             | 2025-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                               | Vail Resorts Inc                                                                 | CUSIP: 91879QAL3<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150832.50    | 0.13%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANC                               | Credit Acceptance Corp                                                           | CUSIP: 225310AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $100645.60    | 0.08%             | 2026-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| SIX FLAGS ENTERTAINMENT                        | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAC6<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |    110000 | PA      | $103821.30    | 0.09%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    195000 | PA      | $165781.20    | 0.14%             | 2029-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corp                                | Fair Isaac Corp                                                                  | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99277.00     | 0.08%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                               | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    185000 | PA      | $151709.25    | 0.13%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    320000 | PA      | $329123.20    | 0.28%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                                   | Assurant Inc                                                                     | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95306.85     | 0.08%             | 2048-03-27      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 013817AJ0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152587.50    | 0.13%             | 2027-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                               | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $453725.00    | 0.38%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| SALLY HOLDINGS/SALLY CAP                       | Sally Holdings LLC / Sally Capital Inc                                           | CUSIP: 79546VAL0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $158398.40    | 0.13%             | 2025-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    140000 | PA      | $133173.60    | 0.11%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    135000 | PA      | $132727.95    | 0.11%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $222425.00    | 0.19%             | 2027-08-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                                   | Embecta Corp                                                                     | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |    110000 | PA      | $90586.10     | 0.08%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    140000 | PA      | $142090.20    | 0.12%             | 2030-09-30      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| SPIRIT AEROSYSTEMS INC                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    235000 | PA      | $255226.45    | 0.22%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                       | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                 | CUSIP: 84859BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    120000 | PA      | $122304.00    | 0.10%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CASCADES INC/USA INC                           | Cascades Inc/Cascades USA Inc                                                    | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $93178.00     | 0.08%             | 2028-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $530651.00    | 0.45%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                       | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $175528.00    | 0.15%             | 2030-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HORIZON THERAPEUTICS USA                       | Horizon Therapeutics USA Inc                                                     | CUSIP: 44055PAA4<br>LEI: 254900IS87RLPXY88S03 | Long             | DBT              | CORP              | US        |    175000 | PA      | $178668.00    | 0.15%             | 2027-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                        | Grand Canyon University                                                          | CUSIP: 38528UAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    142000 | PA      | $134990.88    | 0.11%             | 2024-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                      | iStar Inc                                                                        | CUSIP: 45031UCF6<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |    180000 | PA      | $179107.20    | 0.15%             | 2024-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $98560.00     | 0.08%             | 2032-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AH5<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    205000 | PA      | $91198.35     | 0.08%             | 2029-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC                               | TriNet Group Inc                                                                 | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |    140000 | PA      | $117278.00    | 0.10%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                   | ADT Security Corp/The                                                            | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    235000 | PA      | $209222.85    | 0.18%             | 2029-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                          | Element Solutions Inc                                                            | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |    205000 | PA      | $181289.70    | 0.15%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| RAIN CII CARBON LLC/CII                        | Rain CII Carbon LLC / CII Carbon Corp                                            | CUSIP: 75079RAC2<br>LEI: 5493002CIT11OW5J8846 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141405.00    | 0.12%             | 2025-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                                                      | CUSIP: 64110LAL0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203446.00    | 0.17%             | 2025-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAJ2<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    160000 | PA      | $158206.40    | 0.13%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $224387.50    | 0.19%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EMERGENT BIOSOLUTIONS                          | Emergent BioSolutions Inc                                                        | CUSIP: 29089QAC9<br>LEI: 549300YW6TUOX8BE5103 | Long             | DBT              | CORP              | US        |    100000 | PA      | $43438.00     | 0.04%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    160000 | PA      | $134700.80    | 0.11%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    180000 | PA      | $166138.20    | 0.14%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    360000 | PA      | $352710.00    | 0.30%             | 2027-06-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                        | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              |  | US        |    180000 | PA      | $119444.40    | 0.10%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| METHANEX CORP                                  | Methanex Corp                                                                    | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $161717.50    | 0.14%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                        | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    355000 | PA      | $282161.10    | 0.24%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    180000 | PA      | $155642.40    | 0.13%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AS1<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    355000 | PA      | $345912.00    | 0.29%             | 2025-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    160000 | PA      | $138065.60    | 0.12%             | 2029-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd                          | Mineral Resources Ltd                                                            | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    175000 | PA      | $176457.75    | 0.15%             | 2027-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                           | OI European Group BV                                                             | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    105000 | PA      | $94350.90     | 0.08%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                       | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $116121.60    | 0.10%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| PENSKE AUTOMOTIVE GROUP                        | Penske Automotive Group Inc                                                      | CUSIP: 70959WAK9<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106195.00    | 0.09%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                            | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $135609.60    | 0.11%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ON SEMICONDUCTOR CORP                          | ON Semiconductor Corp                                                            | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |    190000 | PA      | $173253.40    | 0.15%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    695000 | PA      | $591382.45    | 0.50%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                          | Intelsat Jackson Holdings SA                                                     | CUSIP: 45824TBC8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |    720000 | PA      | $653385.60    | 0.55%             | 2030-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| CABLEVISION LIGHTPATH                          | Cablevision Lightpath LLC                                                        | CUSIP: 12687GAB5<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76649.00     | 0.06%             | 2028-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                       | Elanco Animal Health Inc                                                         | CUSIP: 28414HAG8<br>LEI: 549300SHPNDCE059M934 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171914.75    | 0.15%             | 2028-08-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: —       |
| Trinity Industries Inc                         | Trinity Industries Inc                                                           | CUSIP: 896522AH2<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | DBT              | CORP              | US        |    112000 | PA      | $108281.60    | 0.09%             | 2024-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                      | Nokia Oyj                                                                        | CUSIP: 654902AE5<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    127000 | PA      | $122341.64    | 0.10%             | 2027-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123750.00    | 0.10%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                       | SeaWorld Parks & Entertainment Inc                                               | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |    175000 | PA      | $158854.50    | 0.13%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ASGN INCORPORATED                              | ASGN Inc                                                                         | CUSIP: 00191UAA0<br>LEI: LZBNYYCBUKY537072438 | Long             | DBT              | CORP              | US        |    135000 | PA      | $123523.65    | 0.10%             | 2028-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WW INTERNATIONAL INC                           | WW International Inc                                                             | CUSIP: 98262PAA9<br>LEI: SGT8R1MU6ESIC7UJC518 | Long             | DBT              | CORP              | US        |    115000 | PA      | $61726.25     | 0.05%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ACCO BRANDS CORP                               | ACCO Brands Corp                                                                 | CUSIP: 00081TAK4<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | DBT              | CORP              | US        |    135000 | PA      | $116779.05    | 0.10%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| OWENS & MINOR INC                              | Owens & Minor Inc                                                                | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    115000 | PA      | $93745.70     | 0.08%             | 2029-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    155000 | PA      | $130193.80    | 0.11%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AG6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203084.00    | 0.17%             | 2026-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAP4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    330000 | PA      | $327317.10    | 0.28%             | 2024-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| WMG ACQUISITION CORP                           | WMG Acquisition Corp                                                             | CUSIP: 92933BAQ7<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |    120000 | PA      | $105742.80    | 0.09%             | 2030-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI                       | HLF Financing Sarl LLC / Herbalife International Inc                             | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $106041.40    | 0.09%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $79938.25     | 0.07%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    495000 | PA      | $510359.85    | 0.43%             | 2079-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COVANTA HOLDING CORP                           | Covanta Holding Corp                                                             | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85359.00     | 0.07%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                        | Darling Ingredients Inc                                                          | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    247000 | PA      | $245821.81    | 0.21%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    305000 | PA      | $289228.45    | 0.24%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    360000 | PA      | $316000.80    | 0.27%             | 2031-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     95000 | PA      | $83562.95     | 0.07%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Stevens Holding Co Inc                         | Stevens Holding Co Inc                                                           | CUSIP: 86024TAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101479.00    | 0.09%             | 2026-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                           | Kaiser Aluminum Corp                                                             | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $127898.40    | 0.11%             | 2028-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| WILLIAM CARTER                                 | William Carter Co/The                                                            | CUSIP: 96926JAC1<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |    110000 | PA      | $107329.20    | 0.09%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| Iron Mountain Inc                              | Iron Mountain Inc                                                                | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    240000 | PA      | $226468.80    | 0.19%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio Inc                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    360000 | PA      | $340682.40    | 0.29%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBV1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    115000 | PA      | $100050.00    | 0.08%             | 2081-06-04      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 443201AA6<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    140000 | PA      | $144092.20    | 0.12%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MICROSTRATEGY INC                              | MicroStrategy Inc                                                                | CUSIP: 594972AF8<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |    120000 | PA      | $101973.60    | 0.09%             | 2028-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    535000 | PA      | $510914.30    | 0.43%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAF9<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    225000 | PA      | $222331.50    | 0.19%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $151882.20    | 0.13%             | 2029-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              |  | US        |    330000 | PA      | $232504.80    | 0.20%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRI POINTE GROUP / HOMES                       | TRI Pointe Group Inc / TRI Pointe Homes Inc                                      | CUSIP: 962178AN9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $104773.20    | 0.09%             | 2024-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MGIC INVESTMENT CORP                           | MGIC Investment Corp                                                             | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |    155000 | PA      | $146058.05    | 0.12%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN                       | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |     90000 | PA      | $80438.40     | 0.07%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                   | ADT Security Corp/The                                                            | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    185000 | PA      | $165402.95    | 0.14%             | 2032-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    225000 | PA      | $164371.50    | 0.14%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM UK HOLDINGS                          | TransDigm UK Holdings PLC                                                        | CUSIP: 89365DAB9<br>LEI: 549300JTYP71LZZSE903 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $99137.00     | 0.08%             | 2026-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| APX GROUP INC                                  | APX Group Inc                                                                    | CUSIP: 00213MAW4<br>LEI: 549300OMQVKPRU98OE64 | Long             | DBT              | CORP              | US        |    190000 | PA      | $164551.40    | 0.14%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BOISE CASCADE COMPANY                          | Boise Cascade Co                                                                 | CUSIP: 09739DAD2<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | DBT              | CORP              | US        |     95000 | PA      | $85643.45     | 0.07%             | 2030-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS INC                           | GrubHub Holdings Inc                                                             | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $88303.60     | 0.07%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    120000 | PA      | $107113.20    | 0.09%             | 2029-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| XHR LP                                         | XHR LP                                                                           | CUSIP: 98372MAC9<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |    135000 | PA      | $119838.15    | 0.10%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    180000 | PA      | $157226.40    | 0.13%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 156700BC9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    300000 | PA      | $253206.00    | 0.21%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    300000 | PA      | $237669.00    | 0.20%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GAW7<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    180000 | PA      | $178360.20    | 0.15%             | 2024-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    125000 | PA      | $112247.50    | 0.09%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    195000 | PA      | $201275.10    | 0.17%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                    | Gartner Inc                                                                      | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    146000 | PA      | $131075.88    | 0.11%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD                                  | Videotron Ltd                                                                    | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |    115000 | PA      | $100462.85    | 0.08%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| Seagate HDD Cayman                             | Seagate HDD Cayman                                                               | CUSIP: 81180WAT8<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    100000 | PA      | $98977.00     | 0.08%             | 2024-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 443201AB4<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    190000 | PA      | $165801.60    | 0.14%             | 2029-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $361148.00    | 0.30%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    180000 | PA      | $157559.40    | 0.13%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    385000 | PA      | $382890.20    | 0.32%             | 2026-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Triumph Group Inc                              | Triumph Group Inc                                                                | CUSIP: 896818AP6<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |    130000 | PA      | $110597.50    | 0.09%             | 2025-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    305000 | PA      | $250612.40    | 0.21%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| Sealed Air Corp                                | Sealed Air Corp                                                                  | CUSIP: 81211KAW0<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    110000 | PA      | $109584.20    | 0.09%             | 2024-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                            | Century Communities Inc                                                          | CUSIP: 156504AM4<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    120000 | PA      | $100970.40    | 0.09%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC                               | HealthEquity Inc                                                                 | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |    143000 | PA      | $127952.11    | 0.11%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| BOOZ ALLEN HAMILTON INC                        | Booz Allen Hamilton Inc                                                          | CUSIP: 09951LAA1<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    175000 | PA      | $158053.00    | 0.13%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                           | WMG Acquisition Corp                                                             | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131368.50    | 0.11%             | 2029-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    110000 | PA      | $103950.00    | 0.09%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    315000 | PA      | $295350.30    | 0.25%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                                                      | CUSIP: 64110LAG1<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50535.50     | 0.04%             | 2024-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| PERRIGO FINANCE UNLIMITE                       | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAB1<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    175000 | PA      | $166085.50    | 0.14%             | 2026-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                     | Tronox Inc                                                                       | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |    280000 | PA      | $239400.00    | 0.20%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| DANA FINANCING LUX SARL                        | Dana Financing Luxembourg Sarl                                                   | CUSIP: 235822AB9<br>LEI: 222100DKCE3D036DQU13 | Long             | DBT              | CORP              | LU        |     95000 | PA      | $94460.40     | 0.08%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                            | Coinbase Global Inc                                                              | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    250000 | PA      | $161240.00    | 0.14%             | 2028-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                  | CommScope Inc                                                                    | CUSIP: 203372AV9<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    175000 | PA      | $137455.50    | 0.12%             | 2028-07-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| GRIFFON CORPORATION                            | Griffon Corp                                                                     | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |    260000 | PA      | $246173.20    | 0.21%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                                                      | CUSIP: 64110LAT3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    470000 | PA      | $489340.50    | 0.41%             | 2028-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    165000 | PA      | $147656.85    | 0.12%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    120000 | PA      | $81068.40     | 0.07%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: —       |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $117465.95    | 0.10%             | 2030-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                             | Seagate HDD Cayman                                                               | CUSIP: 81180WAN1<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    115000 | PA      | $105512.50    | 0.09%             | 2034-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                               | LPL Holdings Inc                                                                 | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     95000 | PA      | $90402.95     | 0.08%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| CIMPRESS PLC                                   | Cimpress PLC                                                                     | CUSIP: 17186HAC6<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |    150000 | PA      | $104922.00    | 0.09%             | 2026-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL                         | Williams Scotsman International Inc                                              | CUSIP: 96950GAE2<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |    136000 | PA      | $126046.16    | 0.11%             | 2028-08-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD                        | Global Aircraft Leasing Co Ltd                                                   | CUSIP: 37960JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    458945 | PA      | $420825.03    | 0.36%             | 2024-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    120000 | PA      | $101037.60    | 0.09%             | 2031-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TRINSEO OP / TRINSEO FIN                       | Trinseo Materials Operating SCA / Trinseo Materials Finance Inc                  | CUSIP: 89668QAE8<br>LEI: 222100SZ6J5ZF05ZTR58 | Long             | DBT              | CORP              | LU        |    125000 | PA      | $109421.25    | 0.09%             | 2025-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    150000 | PA      | $128878.50    | 0.11%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TASEKO MINES LTD                               | Taseko Mines Ltd                                                                 | CUSIP: 876511AF3<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |     95000 | PA      | $90032.45     | 0.08%             | 2026-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ZIPRECRUITER INC                               | ZipRecruiter Inc                                                                 | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131176.50    | 0.11%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BS0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    250000 | PA      | $261182.50    | 0.22%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    235000 | PA      | $200144.80    | 0.17%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| COMPASS MINERALS INTERNA                       | Compass Minerals International Inc                                               | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |    120000 | PA      | $117781.20    | 0.10%             | 2027-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                                                      | CUSIP: 64110LAU0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    225000 | PA      | $227900.25    | 0.19%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                    | Gap Inc/The                                                                      | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    190000 | PA      | $145978.90    | 0.12%             | 2029-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                                  | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    180000 | PA      | $146926.80    | 0.12%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAB4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $202892.50    | 0.17%             | 2031-04-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                       | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    135000 | PA      | $115408.80    | 0.10%             | 2051-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $339769.80    | 0.29%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| APX GROUP INC                                  | APX Group Inc                                                                    | CUSIP: 00213MAV6<br>LEI: 549300OMQVKPRU98OE64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147054.00    | 0.12%             | 2027-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INGEVITY CORP                                  | Ingevity Corp                                                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |    125000 | PA      | $109970.00    | 0.09%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| ATKORE INC                                     | Atkore Inc                                                                       | CUSIP: 047649AA6<br>LEI: 52990002TI38AM4RPV48 | Long             | DBT              | CORP              | US        |     85000 | PA      | $74719.25     | 0.06%             | 2031-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| PTC Inc                                        | PTC Inc                                                                          | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |    115000 | PA      | $107165.05    | 0.09%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                         | Open Text Holdings Inc                                                           | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $189121.50    | 0.16%             | 2030-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                       | Diamond Sports Group LLC / Diamond Sports Finance Co                             | CUSIP: 25277LAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $2442.00      | 0.00%             | 2027-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                           | TTM Technologies Inc                                                             | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    140000 | PA      | $122311.00    | 0.10%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    205000 | PA      | $163395.25    | 0.14%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CE2<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    185000 | PA      | $177757.25    | 0.15%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |    265000 | NS      | $265000.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    205000 | PA      | $166080.75    | 0.14%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AD9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $119792.50    | 0.10%             | 2024-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| QVC INC                                        | QVC Inc                                                                          | CUSIP: 747262AY9<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113715.00    | 0.10%             | 2027-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                            | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    195000 | PA      | $178725.30    | 0.15%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| TELECOM ITALIA CAPITAL                         | Telecom Italia Capital SA                                                        | CUSIP: 87927VAM0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |    245000 | PA      | $196637.00    | 0.17%             | 2034-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                            | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $173002.00    | 0.15%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                           | Chart Industries Inc                                                             | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    350000 | PA      | $357532.00    | 0.30%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UPC BROADBAND FINCO BV                         | UPC Broadband Finco BV                                                           | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    275000 | PA      | $241862.50    | 0.20%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAC5<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    260000 | PA      | $260338.00    | 0.22%             | 2025-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                                     | Terex Corp                                                                       | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |    145000 | PA      | $135363.30    | 0.11%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AG6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129450.10    | 0.11%             | 2025-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer