# EDGAR Filing Document

**Accession Number:** 0000933691
**File Stem:** 0001145549-23-013547
**Filing Date:** 2023-2
**Character Count:** 158819
**Document Hash:** 3ede1391596dce1d22d2d185f581dc5e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-013547.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001145549-23-013547

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000933691
- **IRS NUMBER:** 381659835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08894
- **FILM NUMBER:** 23683279

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517) 367-4336

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

## Series and Classes Contracts Data

### JNL/PPM AMERICA HIGH YIELD BOND FUND (Series ID: S000001740)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000004647 | JNL/PPM AMERICA HIGH YIELD BOND FUND (A) |  |
| C000067978 | JNL/PPM AMERICA HIGH YIELD BOND FUND (I) |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JNL Series Trust

- **b. Investment Company Act file number:** 811-8894

- **c. CIK number of Registrant:** 0000933691

- **d. LEI of Registrant:** 549300T5WIPN6IWM0D45

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

  - **Street Address 1:** 1 Corporate Way

  - **City:** Lansing

  - **State:** MI

  - **Foreign country:** US

  - **Zip / Postal Code:** 48951

  - **Telephone number:** 517-367-4336

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

- **a. Name of Series:** JNL/PPM America High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000001740

- **c. LEI of Series:** 5493007632SQKKA38R44

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $1409484774.99

**Total Liabilities:** $21932744.07

**Net Assets:** $1387552030.92

**Cash Not Reported:** $2027671.49

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** -2908.905042959338 | **5-Year:** -20816.316984452923 | **10-Year:** -39464.385059855535 | **30-Year:** -11687.029652869300

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

- **3-Month:** -23.393370382200 | **1-Year:** -41474.379037469740 | **5-Year:** -267693.747773063342 | **10-Year:** -130299.990347492090 | **30-Year:** -34782.748745462410

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004647 | 2.97%                | 1.77%                | -0.94%               |
| Class ID C000067978 | 3.02%                | 1.75%                | -0.86%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-9241239.13             | $42062416.56                               |
| Month 2  | $-8996362.23             | $25608013.38                               |
| Month 3  | $-10816304.79            | $-9214586.64                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Jackson National Asset Management, LLC                           | JNL Securities Lending Collateral Fund                           | CUSIP: 46628D411<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  20460465 | NS      | $20460465.00  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Group, Inc.                                              | Triumph Group, Inc.                                              | CUSIP: 896818AS0<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |   1451000 | PA      | $1477606.06   | 0.11%             | 2024-06-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                     | UBS Group AG                                                     | CUSIP: 902613AJ7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | US        |   5602000 | PA      | $4744193.36   | 0.34%             | 2500-12-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Uber Technologies, Inc.                                          | Uber Technologies, Inc.                                          | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   6110000 | PA      | $6114289.46   | 0.44%             | 2027-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Uber Technologies, Inc.                                          | Uber Technologies, Inc.                                          | CUSIP: 90353TAF7<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1580000 | PA      | $1582254.25   | 0.11%             | 2025-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Uber Technologies, Inc.                                          | Uber Technologies, Inc.                                          | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1620000 | PA      | $1412349.23   | 0.10%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AG TTMT Escrow Issuer LLC                                        | AG TTMT Escrow Issuer LLC                                        | CUSIP: 00840KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1535000 | PA      | $1549349.43   | 0.11%             | 2027-09-30      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC                                                | CCO Holdings, LLC                                                | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  19166000 | PA      | $17324631.15  | 1.25%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC                                                | CCO Holdings, LLC                                                | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4849000 | PA      | $3893141.84   | 0.28%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC                                                | CCO Holdings, LLC                                                | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2702000 | PA      | $2150795.81   | 0.16%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC                                                | CCO Holdings, LLC                                                | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3908000 | PA      | $2889876.31   | 0.21%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC                                                | CCO Holdings, LLC                                                | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3273000 | PA      | $2653450.92   | 0.19%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fortress Transportation And Infrastructure Investors LLC         | Fortress Transportation And Infrastructure Investors LLC         | CUSIP: 34960PAC5<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003435.19   | 0.07%             | 2027-08-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Parent, Inc.                             | Frontier Communications Parent, Inc.                             | CUSIP: 35906ABE7<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |    433000 | PA      | $402996.25    | 0.03%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Sigma Holdco B.V.                                                | Sigma Holdco B.V.                                                | CUSIP: 82660CAA0<br>LEI: 254900RAPCKVT00GAO59 | Long             | DBT              | CORP              | NL        |   4961000 | PA      | $3512433.19   | 0.25%             | 2026-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| Magic Mergeco, Inc.                                              | Magic Mergeco, Inc.                                              | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   3685000 | PA      | $2976112.24   | 0.21%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Markel Corporation                                               | Markel Corporation                                               | CUSIP: 570535AW4<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |   4653000 | PA      | $4501737.62   | 0.32%             | 2500-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Matterhorn Merger Sub, LLC                                       | Matterhorn Merger Sub, LLC                                       | CUSIP: 577088AA5<br>LEI: 549300JY2LK0EQ95YT44 | Long             | DBT              | CORP              | US        |   7606000 | PA      | $4364365.39   | 0.31%             | 2026-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Safeway Inc.                                                     | Safeway Inc.                                                     | CUSIP: 013092AB7<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |   3519000 | PA      | $3347813.00   | 0.24%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Antero Midstream Partners LP                                     | Antero Midstream Partners LP                                     | CUSIP: 03690AAH9<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |   6617000 | PA      | $6052744.92   | 0.44%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                              | Clydesdale Acquisition Holdings Inc                              | CUSIP: 18972EAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6655000 | PA      | $5838417.26   | 0.42%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Commscope Finance LLC                                            | Commscope Finance LLC                                            | CUSIP: 20338QAD5<br>LEI: 254900AW4CEPCQWSRI58 | Long             | DBT              | CORP              | US        |   3511000 | PA      | $3240280.90   | 0.23%             | 2026-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners, LP                                       | EQM Midstream Partners, LP                                       | CUSIP: 26885BAB6<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   4823000 | PA      | $4284782.62   | 0.31%             | 2026-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                               | Energy Transfer LP                                               | CUSIP: 29273VAL4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   3033000 | PA      | $2623545.00   | 0.19%             | 2500-12-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                               | Energy Transfer LP                                               | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1017000 | PA      | $883338.93    | 0.06%             | 2500-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Flex Ltd.                                                        | Flex Ltd.                                                        | CUSIP: 33938XAE5<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | US        |   1972000 | PA      | $1971432.06   | 0.14%             | 2028-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                    | Ford Motor Credit Company LLC                                    | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1724655.03   | 0.12%             | 2027-08-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                    | Ford Motor Credit Company LLC                                    | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    650000 | PA      | $607112.62    | 0.04%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Legacy Lifepoint Health, LLC                                     | Legacy Lifepoint Health, LLC                                     | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   3425000 | PA      | $1938982.03   | 0.14%             | 2029-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Quicksilver Resources Inc.                                       | Quicksilver Resources Inc.                                       | CUSIP: 748ESCAK6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  56599000 | PA      | $0.57         | 0.00%             | 2500-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| Royalty Pharma PLC                                               | Royalty Pharma PLC                                               | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | US        |   4575000 | PA      | $3579622.74   | 0.26%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Navient Corporation                                              | Navient Corporation                                              | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   1868000 | PA      | $1343224.33   | 0.10%             | 2033-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Braskem Idesa, S.A.P.I.                                          | Braskem Idesa, S.A.P.I.                                          | CUSIP: 10554NAB4<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | US        |   2654000 | PA      | $1896933.50   | 0.14%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners, LP                                       | EQM Midstream Partners, LP                                       | CUSIP: 26885BAK6<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   7249000 | PA      | $6132750.85   | 0.44%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Icahn Enterprises L.P.                                           | Icahn Enterprises L.P.                                           | CUSIP: 451102BZ9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |   4778000 | PA      | $4381412.10   | 0.32%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications, Inc.                                       | iHeartCommunications, Inc.                                       | CUSIP: 45174HBC0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   1288278 | PA      | $1185017.29   | 0.09%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                          | Level 3 Financing, Inc.                                          | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   3743000 | PA      | $2738361.58   | 0.20%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Rolls-Royce PLC                                                  | Rolls-Royce PLC                                                  | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | US        |   7560000 | PA      | $7183774.56   | 0.52%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio Inc.                                             | Sirius XM Radio Inc.                                             | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   4209000 | PA      | $3477223.68   | 0.25%             | 2030-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Graham Packaging Company Europe LLC                              | Graham Packaging Company Europe LLC                              | CUSIP: 384701AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4798000 | PA      | $4010538.37   | 0.29%             | 2028-08-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Gray Television, Inc.                                            | Gray Television, Inc.                                            | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   9030000 | PA      | $6535491.58   | 0.47%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                     | Tenet Healthcare Corporation                                     | CUSIP: 88033GDA5<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1110000 | PA      | $1035779.56   | 0.07%             | 2027-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works, Inc.                                          | Bath & Body Works, Inc.                                          | CUSIP: 501797AR5<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   4053000 | PA      | $3997476.86   | 0.29%             | 2029-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Shea Homes Limited Partnership, A California Limited Partnership | Shea Homes Limited Partnership, A California Limited Partnership | CUSIP: 82088KAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1639000 | PA      | $1381552.86   | 0.10%             | 2029-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners, LP                                       | EQM Midstream Partners, LP                                       | CUSIP: 26885BAL4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   2846000 | PA      | $2345196.35   | 0.17%             | 2031-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| iShares Broad USD High Yield Corporate Bond ETF                  | iShares Broad USD High Yield Corporate Bond ETF                  | CUSIP: 46435U853<br>LEI: 5493002YECWEEITPWL97 | Long             | EC               | RF                | US        |    325000 | NS      | $11222250.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| Callon Petroleum Company                                         | Callon Petroleum Company                                         | CUSIP: 13123XAZ5<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |   8134000 | PA      | $7650912.30   | 0.55%             | 2026-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| JNL Government Money Market Fund                                 | JNL Government Money Market Fund                                 | CUSIP: 46628D437<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  27807207 | NS      | $27807207.04  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corporation                                        | Liberty Media Corporation                                        | CUSIP: 530715AJ0<br>LEI: 549300SZUIU7Z32Q0664 | Long             | DBT              | CORP              | US        |   6661000 | PA      | $2993253.57   | 0.22%             | 2030-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower, LLC                           | Cushman & Wakefield U.S. Borrower, LLC                           | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3043000 | PA      | $2911056.34   | 0.21%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DT Midstream, Inc.                                               | DT Midstream, Inc.                                               | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    982000 | PA      | $821302.65    | 0.06%             | 2031-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Legacy Lifepoint Health, LLC                                     | Legacy Lifepoint Health, LLC                                     | CUSIP: 53219LAS8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    976000 | PA      | $826105.28    | 0.06%             | 2027-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Marb Bondco PLC                                                  | Marb Bondco PLC                                                  | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | US        |   8804000 | PA      | $6798354.33   | 0.49%             | 2031-01-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Dana Financing Luxembourg S.a r.l.                               | Dana Financing Luxembourg S.a r.l.                               | CUSIP: 235822AB9<br>LEI: 222100DKCE3D036DQU13 | Long             | DBT              | CORP              | US        |    315000 | PA      | $310557.30    | 0.02%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Dana Incorporated                                                | Dana Incorporated                                                | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |   1146000 | PA      | $1062749.63   | 0.08%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                               | Newell Brands Inc.                                               | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   2343000 | PA      | $2313056.46   | 0.17%             | 2029-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| Open Text Corporation                                            | Open Text Corporation                                            | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | US        |   3265000 | PA      | $2802128.56   | 0.20%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| News Corporation                                                 | News Corporation                                                 | CUSIP: 65249BAB5<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |   1032000 | PA      | $938260.08    | 0.07%             | 2032-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NuStar Logistics, L.P.                                           | NuStar Logistics, L.P.                                           | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |   4749000 | PA      | $4405596.58   | 0.32%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                   | ZF North America Capital, Inc.                                   | CUSIP: 98877DAC9<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |   2289000 | PA      | $2155625.69   | 0.16%             | 2025-04-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Lonza Group AG                                                   | Lonza Group AG                                                   | CUSIP: L4780EAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2506414 | PA      | $2290235.69   | 0.17%             | 2028-04-29      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                                 | Occidental Petroleum Corporation                                 | CUSIP: 674599DB8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   3166000 | PA      | $3217413.47   | 0.23%             | 2024-07-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Owens & Minor, Inc.                                              | Owens & Minor, Inc.                                              | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |   7769000 | PA      | $6680460.86   | 0.48%             | 2030-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| 888 Acquisitions Limited                                         | 888 Acquisitions Limited                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4000000 | PA      | $3543320.00   | 0.26%             | 2028-07-18      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| Stars Group Holdings B.V. (The)                                  | Stars Group Holdings B.V. (The)                                  | CUSIP: N8233BAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3851348 | PA      | $3829433.33   | 0.28%             | 2028-07-04      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| Pacific Gas And Electric Company                                 | Pacific Gas And Electric Company                                 | CUSIP: 694308KG1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   4405000 | PA      | $4301527.52   | 0.31%             | 2032-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Pearl Merger Sub Inc.                                            | Pearl Merger Sub Inc.                                            | CUSIP: 70478JAA2<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |   4419000 | PA      | $3833852.19   | 0.28%             | 2028-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Perrigo Finance Unlimited Company                                | Perrigo Finance Unlimited Company                                | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | US        |   4024000 | PA      | $3432954.88   | 0.25%             | 2030-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Pitney Bowes Inc.                                                | Pitney Bowes Inc.                                                | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |   7269000 | PA      | $6220907.24   | 0.45%             | 2027-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC                            | Prime Security Services Borrower, LLC                            | CUSIP: 74166MAC0<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |   3289000 | PA      | $3169243.60   | 0.23%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Onemain Finance Corporation                                      | Onemain Finance Corporation                                      | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2089061.36   | 0.15%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corporation                                       | Sprint Capital Corporation                                       | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |   1622000 | PA      | $1686790.14   | 0.12%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| USA Compression Finance Corp.                                    | USA Compression Finance Corp.                                    | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2672855.88   | 0.19%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Muzinich U.S. High Yield Corporate Bond Fund                     | Muzinich U.S. High Yield Corporate Bond Fund                     | CUSIP: 92535WAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2994000 | PA      | $2932805.13   | 0.21%             | 2026-08-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Groupe Solmax Inc.                                               | Groupe Solmax Inc.                                               | CUSIP: C4127PAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1224427 | PA      | $1010152.47   | 0.07%             | 2024-12-30      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc.                                          | Lumen Technologies Inc.                                          | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    903000 | PA      | $615361.16    | 0.04%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                              | Clydesdale Acquisition Holdings Inc                              | CUSIP: 18972EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2813000 | PA      | $2696272.82   | 0.19%             | 2029-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Colgate Energy Partners III, LLC                                 | Colgate Energy Partners III, LLC                                 | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   5236000 | PA      | $4508253.60   | 0.32%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Chart Industries, Inc.                                           | Chart Industries, Inc.                                           | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |   1767000 | PA      | $1774333.21   | 0.13%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Chart Industries, Inc.                                           | Chart Industries, Inc.                                           | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |   1472000 | PA      | $1509661.03   | 0.11%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Diamond Sports Group, LLC                                        | Diamond Sports Group, LLC                                        | CUSIP: 25277LAF3<br>LEI: 5493002K6DHWNZH8YA34 | Long             | DBT              | CORP              | US        |   2349000 | PA      | $279669.38    | 0.02%             | 2026-08-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| DIRECTV Financing, LLC                                           | DIRECTV Financing, LLC                                           | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10059000 | PA      | $9020618.99   | 0.65%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                   | Citigroup Inc.                                                   | CUSIP: 172967MG3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   5806000 | PA      | $5179011.92   | 0.37%             | 2500-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PDV America, Inc.                                                | PDV America, Inc.                                                | CUSIP: 17302WAB4<br>LEI: 549300NYHOALWZ2BSL72 | Long             | DBT              | CORP              | US        |   4705000 | PA      | $4718985.71   | 0.34%             | 2024-08-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Dish Network Corporation                                         | Dish Network Corporation                                         | CUSIP: 25470M109<br>LEI: 529900U350CWHH15G169 | Long             | EC               | CORP              | US        |     11197 | NS      | $157210.30    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH DBS Corporation                                             | DISH DBS Corporation                                             | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4726000 | PA      | $3813910.88   | 0.27%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Citgo Petroleum Corporation                                      | Citgo Petroleum Corporation                                      | CUSIP: 17302XAK2<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |   4570000 | PA      | $4467198.12   | 0.32%             | 2025-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies B.V.                                        | Sensata Technologies B.V.                                        | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | US        |   4145000 | PA      | $3575235.35   | 0.26%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Navient Corporation                                              | Navient Corporation                                              | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2339467.16   | 0.17%             | 2028-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Nemak, S.A.B. de C.V.                                            | Nemak, S.A.B. de C.V.                                            | CUSIP: 64045DAC8<br>LEI: 5493000MY3DAIB0BP706 | Long             | DBT              | CORP              | US        |   3654000 | PA      | $2825834.53   | 0.20%             | 2031-06-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ViaSat, Inc.                                                     | ViaSat, Inc.                                                     | CUSIP: 92552VAK6<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |   5106000 | PA      | $4765758.98   | 0.34%             | 2025-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Company LLC                                    | Vistra Operations Company LLC                                    | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2859000 | PA      | $2660609.44   | 0.19%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Watco Companies, L.L.C.                                          | Watco Companies, L.L.C.                                          | CUSIP: 941130AB2<br>LEI: 549300UK74AMHGBXZG45 | Long             | DBT              | CORP              | US        |   5192000 | PA      | $4924758.47   | 0.35%             | 2027-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Energean Israel Finance Ltd                                      | Energean Israel Finance Ltd                                      | CUSIP: N/A<br>LEI: 98450044QACBL3F8EB03       | Long             | DBT              | CORP              | US        |  11031000 | PA      | $10217463.75  | 0.74%             | 2026-03-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Securus Technologies Holdings, Inc.                              | Securus Technologies Holdings, Inc.                              | CUSIP: 78410QAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4971605 | PA      | $3699967.98   | 0.27%             | 2024-06-20      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Verifone Systems, Inc.                                           | Verifone Systems, Inc.                                           | CUSIP: 92346NAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2503616 | PA      | $2291209.29   | 0.17%             | 2025-08-09      | Floating      | 8.36%                 | No            |                  2 | On Loan: No      |
| Great Canadian Gaming Corporation                                | Great Canadian Gaming Corporation                                | CUSIP: C4111RAE5<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   4774010 | PA      | $4676524.72   | 0.34%             | 2026-11-01      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL                                               | Connect Finco SARL                                               | CUSIP: 20752TAA2<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | US        |   3945000 | PA      | $3675175.18   | 0.26%             | 2026-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications, Inc.                                       | iHeartCommunications, Inc.                                       | CUSIP: 45174HBE6<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   2751000 | PA      | $2328652.64   | 0.17%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| iHeartMedia, Inc.                                                | iHeartMedia, Inc.                                                | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140821 | NS      | $863232.73    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Imola Merger Corporation                                         | Imola Merger Corporation                                         | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3174000 | PA      | $2750082.18   | 0.20%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Intelligent Packaging Holdco Issuer Ltd Partnership              | Intelligent Packaging Holdco Issuer Ltd Partnership              | CUSIP: 45827CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1263000 | PA      | $877138.24    | 0.06%             | 2026-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                          | MPLX LP                                                          | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |     87200 | NS      | $2863648.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Macys Retail Holdings                                            | Macys Retail Holdings                                            | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3918000 | PA      | $3405621.51   | 0.25%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| News Corporation                                                 | News Corporation                                                 | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |   3038000 | PA      | $2632437.27   | 0.19%             | 2029-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NFP Corp.                                                        | NFP Corp.                                                        | CUSIP: 65342RAF7<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |   2488000 | PA      | $2338720.00   | 0.17%             | 2030-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                                 | Occidental Petroleum Corporation                                 | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1648000 | PA      | $1681283.45   | 0.12%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                                | Clarios Global LP                                                | CUSIP: 69867DAC2<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | US        |   6927000 | PA      | $6776821.39   | 0.49%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PetSmart, Inc.                                                   | PetSmart, Inc.                                                   | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6315000 | PA      | $5891246.07   | 0.42%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Prairie Provident Resources Inc.                                 | Prairie Provident Resources Inc.                                 | CUSIP: 73965Q102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    224333 | NS      | $19068.29     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| VMED O2 UK Financing I PLC                                       | VMED O2 UK Financing I PLC                                       | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | US        |   6013000 | PA      | $4896479.70   | 0.35%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Yara International ASA                                           | Yara International ASA                                           | CUSIP: 984851AH8<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | US        |   1277000 | PA      | $1333545.74   | 0.10%             | 2032-11-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Vantage Drilling International                                   | Vantage Drilling International                                   | CUSIP: N/A<br>LEI: 549300T9QN1134QR7185       | Long             | EC               | CORP              | KY        |      2101 | NS      | $29414.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Advisor Group, Inc.                                              | Advisor Group, Inc.                                              | CUSIP: 00775KAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2827136 | PA      | $2760302.22   | 0.20%             | 2026-07-31      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial, Inc.                                       | Corebridge Financial, Inc.                                       | CUSIP: 21871XAN9<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |   3720000 | PA      | $3462975.16   | 0.25%             | 2052-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                           | Credit Suisse Group AG                                           | CUSIP: 225401AV0<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3441221.25   | 0.25%             | 2028-08-11      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| Trinseo Materials Operating S.C.A.                               | Trinseo Materials Operating S.C.A.                               | CUSIP: 89668QAF5<br>LEI: 549300WNMXD3KV7LO256 | Long             | DBT              | CORP              | US        |   5105000 | PA      | $3310076.44   | 0.24%             | 2029-04-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass Through Certificates, Series 2015-1         | United Airlines Pass Through Certificates, Series 2015-1         | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1269000 | PA      | $1181914.16   | 0.09%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass Through Certificates, Series 2015-1         | United Airlines Pass Through Certificates, Series 2015-1         | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |  10937000 | PA      | $9544867.44   | 0.69%             | 2029-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc.                                                  | Bombardier Inc.                                                  | CUSIP: 097751BM2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | US        |   1669000 | PA      | $1657388.73   | 0.12%             | 2025-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc.                                                  | Bombardier Inc.                                                  | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | US        |   5514000 | PA      | $5404514.51   | 0.39%             | 2026-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton Inc.                                         | Booz Allen Hamilton Inc.                                         | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   1197000 | PA      | $1060838.19   | 0.08%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Company Inc.                                        | Boxer Parent Company Inc.                                        | CUSIP: 103186AB8<br>LEI: 5493006T045HLTF7YX04 | Long             | DBT              | CORP              | US        |   1580000 | PA      | $1549578.95   | 0.11%             | 2025-10-02      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Boyd Gaming Corporation                                          | Boyd Gaming Corporation                                          | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   5886000 | PA      | $5122990.70   | 0.37%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corporation                                     | Freedom Mortgage Corporation                                     | CUSIP: 35640YAF4<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |   4406000 | PA      | $3704416.54   | 0.27%             | 2026-05-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                         | HCA Inc.                                                         | CUSIP: 404119BR9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   3341000 | PA      | $3337397.87   | 0.24%             | 2025-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                              | Hilton Grand Vacations Borrower LLC                              | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6513000 | PA      | $5330554.89   | 0.38%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hughes Satellite Systems Corporation                             | Hughes Satellite Systems Corporation                             | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2719000 | PA      | $2537955.33   | 0.18%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Husky Energy Inc.                                                | Husky Energy Inc.                                                | CUSIP: 44810RAA6<br>LEI: 5493001LRMU2TM8ZZZ78 | Long             | DBT              | CORP              | US        |  10219000 | PA      | $9049807.12   | 0.65%             | 2025-02-15      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| IHOL Verwaltungs GmbH                                            | IHOL Verwaltungs GmbH                                            | CUSIP: 44963BAD0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | US        |   6567000 | PA      | $5543532.85   | 0.40%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Iliad Holding                                                    | Iliad Holding                                                    | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | US        |   9227000 | PA      | $8368673.09   | 0.60%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ITT Holdings LLC                                                 | ITT Holdings LLC                                                 | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   8823000 | PA      | $7444682.50   | 0.54%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                           | Credit Suisse Group AG                                           | CUSIP: 225436AA2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | US        |  10490000 | PA      | $8208949.50   | 0.59%             | 2500-12-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines, Inc.                                            | Delta Air Lines, Inc.                                            | CUSIP: 247361ZX9<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   3296000 | PA      | $3368003.76   | 0.24%             | 2025-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Legacy Lifepoint Health, LLC                                     | Legacy Lifepoint Health, LLC                                     | CUSIP: 53219LAT6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   4586000 | PA      | $4314420.20   | 0.31%             | 2025-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Logan Merger Sub, Inc.                                           | Logan Merger Sub, Inc.                                           | CUSIP: 541056AA5<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |   6282000 | PA      | $3390710.44   | 0.24%             | 2027-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Nabors Industries Ltd                                            | Nabors Industries Ltd                                            | CUSIP: 629571AB6<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   3011000 | PA      | $2744142.93   | 0.20%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Acceptance Corporation                              | Nissan Motor Acceptance Corporation                              | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   2770000 | PA      | $2248772.98   | 0.16%             | 2028-03-09      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Co., Ltd.                                           | Nissan Motor Co., Ltd.                                           | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | US        |   8035000 | PA      | $6814522.07   | 0.49%             | 2030-09-17      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                      | ONEOK, Inc.                                                      | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1204000 | PA      | $1207739.26   | 0.09%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Radiate HoldCo, LLC                                              | Radiate HoldCo, LLC                                              | CUSIP: 75026JAE0<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | DBT              | CORP              | US        |  11072000 | PA      | $4640428.88   | 0.33%             | 2028-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                     | Tenet Healthcare Corporation                                     | CUSIP: 88033GCY4<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   6241000 | PA      | $5945973.20   | 0.43%             | 2026-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TransAlta Corporation                                            | TransAlta Corporation                                            | CUSIP: 89346DAH0<br>LEI: GJZNVO2UY6DNFNIYH321 | Long             | DBT              | CORP              | US        |    976000 | PA      | $999574.50    | 0.07%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VistaJet Malta Finance P.L.C.                                    | VistaJet Malta Finance P.L.C.                                    | CUSIP: 92840JAD1<br>LEI: 5299001UK94VGT0CPQ36 | Long             | DBT              | CORP              | US        |   2385000 | PA      | $2158382.33   | 0.16%             | 2027-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Company LLC                                    | Vistra Operations Company LLC                                    | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1495129.35   | 0.11%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK Financing I PLC                                       | VMED O2 UK Financing I PLC                                       | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | US        |   2475000 | PA      | $2004878.85   | 0.14%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Travel + Leisure Co.                                             | Travel + Leisure Co.                                             | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    158000 | PA      | $150266.09    | 0.01%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Cotai LLC                                                    | New Cotai LLC                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |        29 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TKC Holdings, Inc.                                               | TKC Holdings, Inc.                                               | CUSIP: 87256YAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4650000 | PA      | $2629432.43   | 0.19%             | 2029-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| Targa Resources Partners LP                                      | Targa Resources Partners LP                                      | CUSIP: 87612BBQ4<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |   1539000 | PA      | $1450304.68   | 0.10%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Targa Resources Partners LP                                      | Targa Resources Partners LP                                      | CUSIP: 87612BBS0<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2304056.07   | 0.17%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Telecom Italia SPA                                               | Telecom Italia SPA                                               | CUSIP: 87927YAA0<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | US        |    308000 | PA      | $292108.44    | 0.02%             | 2024-05-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Telesat Canada                                                   | Telesat Canada                                                   | CUSIP: 87952VAM8<br>LEI: 5493004V5GLBY6SO5Y34 | Long             | DBT              | CORP              | US        |   6349000 | PA      | $1865478.67   | 0.13%             | 2027-10-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Calpine Corporation                                              | Calpine Corporation                                              | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   2667000 | PA      | $2383606.63   | 0.17%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                             | Carnival Corporation                                             | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   6606000 | PA      | $5276078.76   | 0.38%             | 2026-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| Carnival Corporation                                             | Carnival Corporation                                             | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   8361000 | PA      | $5965492.90   | 0.43%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                             | Carnival Corporation                                             | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   1298000 | PA      | $1057468.85   | 0.08%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Centene Corporation                                              | Centene Corporation                                              | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1963000 | PA      | $1537656.37   | 0.11%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Onemain Finance Corporation                                      | Onemain Finance Corporation                                      | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   5761000 | PA      | $4772706.27   | 0.34%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Acrisure, LLC                                                    | Acrisure, LLC                                                    | CUSIP: 00489LAA1<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   5240000 | PA      | $4819015.52   | 0.35%             | 2025-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Advisor Group Holdings, Inc.                                     | Advisor Group Holdings, Inc.                                     | CUSIP: 00791GAA5<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |   5718000 | PA      | $5832459.84   | 0.42%             | 2027-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Eldorado Resorts, Inc.                                           | Eldorado Resorts, Inc.                                           | CUSIP: 28470RAK8<br>LEI: 549300V3UCT773B1KR38 | Long             | DBT              | CORP              | US        |   4609000 | PA      | $4532748.70   | 0.33%             | 2027-07-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd                                       | First Quantum Minerals Ltd                                       | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | US        |   9059000 | PA      | $8456322.67   | 0.61%             | 2027-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Ford Motor Company                                               | Ford Motor Company                                               | CUSIP: 345370BY5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   2051000 | PA      | $2041257.75   | 0.15%             | 2028-10-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I, L.P.                                           | Hilcorp Energy I, L.P.                                           | CUSIP: 431318AS3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   6710000 | PA      | $6087565.37   | 0.44%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Jaguar Land Rover Automotive PLC                                 | Jaguar Land Rover Automotive PLC                                 | CUSIP: 47010BAK0<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | US        |   1870000 | PA      | $1438851.23   | 0.10%             | 2028-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LCPR Senior Secured Financing Designated Activity Company        | LCPR Senior Secured Financing Designated Activity Company        | CUSIP: 50201DAD5<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | US        |   6701000 | PA      | $5573224.85   | 0.40%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Midwest Gaming Borrower, LLC                                     | Midwest Gaming Borrower, LLC                                     | CUSIP: 59833DAB6<br>LEI: 5493005826VXDUREHL94 | Long             | DBT              | CORP              | US        |   4766000 | PA      | $4072402.69   | 0.29%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                    | Ford Motor Credit Company LLC                                    | CUSIP: 345397YT4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1023000 | PA      | $897653.65    | 0.06%             | 2027-11-02      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc.                                            | Freeport-McMoRan Inc.                                            | CUSIP: 35671DCC7<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   4600000 | PA      | $4475097.81   | 0.32%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Parent, Inc.                             | Frontier Communications Parent, Inc.                             | CUSIP: 35906ABF4<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |   3082000 | PA      | $2687576.21   | 0.19%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antero Midstream Partners LP                                     | Antero Midstream Partners LP                                     | CUSIP: 03690AAD8<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |   3459000 | PA      | $3267992.22   | 0.24%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ardagh Packaging Finance Public Limited Company                  | Ardagh Packaging Finance Public Limited Company                  | CUSIP: 03969AAN0<br>LEI: 6354001JXMLKNZDZR978 | Long             | DBT              | CORP              | US        |   9515000 | PA      | $8248332.94   | 0.59%             | 2026-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ascent Resources - Utica, LLC                                    | Ascent Resources - Utica, LLC                                    | CUSIP: 04364VAG8<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |   9712000 | PA      | $9455460.72   | 0.68%             | 2026-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Shelf Drilling Management Services DMCC                          | Shelf Drilling Management Services DMCC                          | CUSIP: 822538AG9<br>LEI: 54930078ZJ3XP4MRYB68 | Long             | DBT              | CORP              | US        |   5117000 | PA      | $5013639.98   | 0.36%             | 2024-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                | CSC Holdings, LLC                                                | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1460000 | PA      | $1030513.55   | 0.07%             | 2030-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Bip-V Chinook                                                    | Bip-V Chinook                                                    | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9441000 | PA      | $8272355.82   | 0.60%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Parent, Inc.                             | Frontier Communications Parent, Inc.                             | CUSIP: 35906ABG2<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |   3654000 | PA      | $3020955.17   | 0.22%             | 2029-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Holdings, LLC                            | Frontier Communications Holdings, LLC                            | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3315000 | PA      | $3384658.39   | 0.24%             | 2030-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                           | General Motors Company                                           | CUSIP: 37045VAZ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   3846000 | PA      | $3586554.53   | 0.26%             | 2032-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Mileage Plus Holdings, LLC                                       | Mileage Plus Holdings, LLC                                       | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2673953 | PA      | $2664183.55   | 0.19%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Navient Corporation                                              | Navient Corporation                                              | CUSIP: 78442FET1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   5433000 | PA      | $5346753.24   | 0.39%             | 2024-03-25      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| EG Global Finance PLC                                            | EG Global Finance PLC                                            | CUSIP: 28228PAA9<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | US        |   6009000 | PA      | $5197785.00   | 0.37%             | 2025-02-07      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EG Global Finance PLC                                            | EG Global Finance PLC                                            | CUSIP: 28228PAB7<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | US        |   4993000 | PA      | $4676577.36   | 0.34%             | 2025-10-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Enerflex Ltd.                                                    | Enerflex Ltd.                                                    | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | US        |   4955000 | PA      | $4943365.61   | 0.36%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Entegris, Inc.                                                   | Entegris, Inc.                                                   | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   1965000 | PA      | $1735489.83   | 0.13%             | 2028-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                    | Ford Motor Credit Company LLC                                    | CUSIP: 345397A60<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2122000 | PA      | $2045706.74   | 0.15%             | 2025-06-16      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I, L.P.                                           | Hilcorp Energy I, L.P.                                           | CUSIP: 431318AY0<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   2179000 | PA      | $1950006.84   | 0.14%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Scientific Games International, Inc.                             | Scientific Games International, Inc.                             | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $956178.26    | 0.07%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio Inc.                                             | Sirius XM Radio Inc.                                             | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   7126000 | PA      | $5630572.27   | 0.41%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Telesat Canada                                                   | Telesat Canada                                                   | CUSIP: 87952VAR7<br>LEI: 5493004V5GLBY6SO5Y34 | Long             | DBT              | CORP              | US        |   5387000 | PA      | $2517710.18   | 0.18%             | 2026-12-06      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Blue Racer Midstream, LLC                                        | Blue Racer Midstream, LLC                                        | CUSIP: 095796AE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1772000 | PA      | $1713321.44   | 0.12%             | 2026-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CDI Escrow Issuer Inc                                            | CDI Escrow Issuer Inc                                            | CUSIP: 12511VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4653000 | PA      | $4194996.79   | 0.30%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Community Health Systems, Inc.                                   | Community Health Systems, Inc.                                   | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   5271000 | PA      | $3836287.93   | 0.28%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                | CSC Holdings, LLC                                                | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   9614000 | PA      | $7749690.81   | 0.56%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                | CSC Holdings, LLC                                                | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   5926000 | PA      | $4015989.99   | 0.29%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Calpine Corporation                                              | Calpine Corporation                                              | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   4635000 | PA      | $4148916.33   | 0.30%             | 2028-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Calpine Corporation                                              | Calpine Corporation                                              | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   4318000 | PA      | $3491474.91   | 0.25%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                             | Carnival Corporation                                             | CUSIP: 143658BJ0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |  10143000 | PA      | $9607989.71   | 0.69%             | 2027-08-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| LCPR Senior Secured Financing Designated Activity Company        | LCPR Senior Secured Financing Designated Activity Company        | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | US        |   8698000 | PA      | $8171472.05   | 0.59%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LSF11 A5 Holdco LLC                                              | LSF11 A5 Holdco LLC                                              | CUSIP: 50221DAA7<br>LEI: 254900FPK7P5WNA66Y10 | Long             | DBT              | CORP              | US        |   5510000 | PA      | $4468327.28   | 0.32%             | 2029-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Nabors Industries, Inc.                                          | Nabors Industries, Inc.                                          | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   4629000 | PA      | $4535672.32   | 0.33%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Pilgrim's Pride Corporation                                      | Pilgrim's Pride Corporation                                      | CUSIP: 72147KAE8<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   3734000 | PA      | $3659090.28   | 0.26%             | 2027-09-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ViaSat, Inc.                                                     | ViaSat, Inc.                                                     | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |   1591000 | PA      | $1218747.14   | 0.09%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Virgin Media Secured Finance PLC                                 | Virgin Media Secured Finance PLC                                 | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | US        |   6525000 | PA      | $5452908.83   | 0.39%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VistaJet Malta Finance P.L.C.                                    | VistaJet Malta Finance P.L.C.                                    | CUSIP: 92840JAB5<br>LEI: 5299001UK94VGT0CPQ36 | Long             | DBT              | CORP              | US        |   5623000 | PA      | $4516941.17   | 0.33%             | 2030-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Company LLC                                    | Vistra Operations Company LLC                                    | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   3222000 | PA      | $2779979.20   | 0.20%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WestRock Company                                                 | WestRock Company                                                 | CUSIP: 96145D105<br>LEI: 5493004Z9TCQW68YVL89 | Long             | EC               | CORP              | US        |        95 | NS      | $3340.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordic Aviation Capital Designated Activity Company              | Nordic Aviation Capital Designated Activity Company              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     68866 | NS      | $1239588.00   | 0.09%             |  |  |  | No            |                  3 | On Loan: No      |
| Telenet Finance Luxembourg Notes S.A R.L.                        | Telenet Finance Luxembourg Notes S.A R.L.                        | CUSIP: N/A<br>LEI: 2138007RI9GLJPCC3E25       | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3520000.00   | 0.25%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Masonite International Corporation                               | Masonite International Corporation                               | CUSIP: 575385AD1<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | US        |   1599000 | PA      | $1481054.77   | 0.11%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NFP Corp.                                                        | NFP Corp.                                                        | CUSIP: 65342RAD2<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |   3899000 | PA      | $3228334.02   | 0.23%             | 2028-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NuStar Logistics, L.P.                                           | NuStar Logistics, L.P.                                           | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |   4458000 | PA      | $4190730.19   | 0.30%             | 2027-04-28      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| NuStar Logistics, L.P.                                           | NuStar Logistics, L.P.                                           | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |   2296000 | PA      | $2217545.57   | 0.16%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Open Text Corporation                                            | Open Text Corporation                                            | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | US        |   4881000 | PA      | $3929208.66   | 0.28%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Organon & Co.                                                    | Organon & Co.                                                    | CUSIP: 68622TAB7<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |   6530000 | PA      | $5656446.44   | 0.41%             | 2031-04-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PM General Purchaser LLC                                         | PM General Purchaser LLC                                         | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5671000 | PA      | $4311915.70   | 0.31%             | 2028-10-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Pacific Gas And Electric Company                                 | Pacific Gas And Electric Company                                 | CUSIP: 694308JT5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   4480000 | PA      | $3641731.88   | 0.26%             | 2031-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Pilgrim's Pride Corporation                                      | Pilgrim's Pride Corporation                                      | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   1554000 | PA      | $1214695.66   | 0.09%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                     | Tenet Healthcare Corporation                                     | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   6426000 | PA      | $5766473.40   | 0.42%             | 2028-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                     | Tenet Healthcare Corporation                                     | CUSIP: 88033GDL1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   4202000 | PA      | $3638135.51   | 0.26%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                     | Tenet Healthcare Corporation                                     | CUSIP: 88033GDN7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   2480000 | PA      | $2148652.28   | 0.15%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                     | Tenet Healthcare Corporation                                     | CUSIP: 88033GDP2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   5407000 | PA      | $5149705.47   | 0.37%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                        | The Toronto-Dominion Bank                                        | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | US        |   3217000 | PA      | $3321845.25   | 0.24%             | 2082-10-31      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc.                                                   | TransDigm Inc.                                                   | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   9550000 | PA      | $9438480.45   | 0.68%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc.                                                   | TransDigm Inc.                                                   | CUSIP: 893647BK2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1157000 | PA      | $1172042.78   | 0.08%             | 2025-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| United Natural Foods, Inc.                                       | United Natural Foods, Inc.                                       | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |   6099000 | PA      | $5866347.61   | 0.42%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                            | Treasury, United States Department of                            | CUSIP: 912796Z85<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  11000000 | PA      | $10891943.70  | 0.78%             | 2023-03-28      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Travel + Leisure Co.                                             | Travel + Leisure Co.                                             | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   2913000 | PA      | $2427426.23   | 0.17%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMC Entertainment Holdings, Inc.                                 | AMC Entertainment Holdings, Inc.                                 | CUSIP: 00165CAP9<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |   2099000 | PA      | $871053.52    | 0.06%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AMC Entertainment Holdings, Inc.                                 | AMC Entertainment Holdings, Inc.                                 | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |   5429000 | PA      | $2953215.57   | 0.21%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital, Inc.                                            | Ashtead Capital, Inc.                                            | CUSIP: 04505AAA7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3593981.18   | 0.26%             | 2032-08-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                     | Barclays PLC                                                     | CUSIP: 06738EBX2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |   3740000 | PA      | $3518199.30   | 0.25%             | 2500-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                | CSC Holdings, LLC                                                | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   4410000 | PA      | $3064950.00   | 0.22%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MCE Finance Limited                                              | MCE Finance Limited                                              | CUSIP: 58547DAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5671000 | PA      | $4575786.65   | 0.33%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                               | Seagate HDD Cayman                                               | CUSIP: 81180WAN1<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | US        |    805000 | PA      | $688941.78    | 0.05%             | 2034-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Seaworld Entertainment, Inc.                                     | Seaworld Entertainment, Inc.                                     | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |   5796000 | PA      | $5055511.56   | 0.36%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| KB Home                                                          | KB Home                                                          | CUSIP: 48666KAY5<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2219870.42   | 0.16%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| KB Home                                                          | KB Home                                                          | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |   2745000 | PA      | $2665784.38   | 0.19%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Kinetik Holdings LP                                              | Kinetik Holdings LP                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |   3680000 | PA      | $3448694.45   | 0.25%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                                        | Kraft Heinz Foods Company                                        | CUSIP: 50077LAX4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   6239000 | PA      | $5477169.06   | 0.39%             | 2039-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                                        | Kraft Heinz Foods Company                                        | CUSIP: 50077LAZ9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   4546000 | PA      | $3967156.77   | 0.29%             | 2049-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works, Inc.                                          | Bath & Body Works, Inc.                                          | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   4284000 | PA      | $3808328.12   | 0.27%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Albion Financing 2 S.a r.l.                                      | Albion Financing 2 S.a r.l.                                      | CUSIP: 013305AA5<br>LEI: 2594009X2UW7EQPIKY23 | Long             | DBT              | CORP              | US        |   6710000 | PA      | $5692184.93   | 0.41%             | 2027-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Altice France Holding S.A.                                       | Altice France Holding S.A.                                       | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | US        |   5493000 | PA      | $4205648.49   | 0.30%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Altice France                                                    | Altice France                                                    | CUSIP: 02156TAA2<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | US        |   1901000 | PA      | $1122419.25   | 0.08%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| White Star Petroleum, LLC                                        | White Star Petroleum, LLC                                        | CUSIP: N/A<br>LEI: 549300TNXWXJNBL69846       | Long             | EC               | CORP              | US        |   5000000 | NS      | $5.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AMS-Osram AG                                                     | AMS-Osram AG                                                     | CUSIP: 03217CAA4<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | US        |  14592000 | PA      | $13724831.44  | 0.99%             | 2025-07-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| Energy Transfer LP                                               | Energy Transfer LP                                               | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2535000 | PA      | $2511626.29   | 0.18%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Entegris Escrow Corporation                                      | Entegris Escrow Corporation                                      | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   3088000 | PA      | $2824396.12   | 0.20%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ford Motor Company                                               | Ford Motor Company                                               | CUSIP: 345370CX6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   2174000 | PA      | $2462277.38   | 0.18%             | 2030-04-22      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                    | Ford Motor Credit Company LLC                                    | CUSIP: 345397A45<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4524687.50   | 0.33%             | 2027-01-09      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I, L.P.                                           | Hilcorp Energy I, L.P.                                           | CUSIP: 431318AU8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   1909000 | PA      | $1705821.92   | 0.12%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I, L.P.                                           | Hilcorp Energy I, L.P.                                           | CUSIP: 431318AZ7<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   2498000 | PA      | $2146060.08   | 0.15%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                              | Hilton Grand Vacations Borrower LLC                              | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1714000 | PA      | $1487981.18   | 0.11%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                          | Level 3 Financing, Inc.                                          | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   3674000 | PA      | $2894297.11   | 0.21%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Majordrive Holdings IV, LLC                                      | Majordrive Holdings IV, LLC                                      | CUSIP: 56085RAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7284000 | PA      | $5439802.79   | 0.39%             | 2029-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Company                                      | Southwestern Energy Company                                      | CUSIP: 845467AN9<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |   3076000 | PA      | $3175971.48   | 0.23%             | 2027-10-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| Southwestern Energy Company                                      | Southwestern Energy Company                                      | CUSIP: 845467AP4<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |   3143000 | PA      | $3255118.54   | 0.23%             | 2028-09-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Transdigm UK Holdings PLC                                        | Transdigm UK Holdings PLC                                        | CUSIP: 89365DAB9<br>LEI: 549300JTYP71LZZSE903 | Long             | DBT              | CORP              | US        |   1888000 | PA      | $1850250.78   | 0.13%             | 2026-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Transocean Proteus Limited                                       | Transocean Proteus Limited                                       | CUSIP: 893829AA9<br>LEI: 5493000CTMQ2LH21VM89 | Long             | DBT              | CORP              | US        |   3452000 | PA      | $3417499.85   | 0.25%             | 2024-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Transocean Inc                                                   | Transocean Inc                                                   | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | US        |   4055000 | PA      | $3304167.77   | 0.24%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Transocean Poseidon Limited                                      | Transocean Poseidon Limited                                      | CUSIP: 89383JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3600625 | PA      | $3508343.65   | 0.25%             | 2027-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Travel + Leisure Co.                                             | Travel + Leisure Co.                                             | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   3236000 | PA      | $2637623.41   | 0.19%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                            | Treasury, United States Department of                            | CUSIP: 912796YL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14770000 | PA      | $14646965.90  | 1.06%             | 2023-03-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                               | Energy Transfer LP                                               | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2228000 | PA      | $1861241.92   | 0.13%             | 2500-12-31      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Entegris Escrow Corporation                                      | Entegris Escrow Corporation                                      | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   6521000 | PA      | $6015945.81   | 0.43%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd                              | FMG Resources (August 2006) Pty Ltd                              | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | US        |   5205000 | PA      | $4854556.56   | 0.35%             | 2032-04-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd                                       | First Quantum Minerals Ltd                                       | CUSIP: 335934AL9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1809183.93   | 0.13%             | 2025-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ford Motor Company                                               | Ford Motor Company                                               | CUSIP: 345370CS7<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   1388000 | PA      | $1063385.66   | 0.08%             | 2046-12-08      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Jacobs Entertainment, Inc.                                       | Jacobs Entertainment, Inc.                                       | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |   8802000 | PA      | $8004782.35   | 0.58%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Jaguar Land Rover Automotive PLC                                 | Jaguar Land Rover Automotive PLC                                 | CUSIP: 47010BAA2<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | US        |   2867000 | PA      | $2856333.38   | 0.21%             | 2023-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Jaguar Land Rover Automotive PLC                                 | Jaguar Land Rover Automotive PLC                                 | CUSIP: 47010BAJ3<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | US        |   3835000 | PA      | $3565674.39   | 0.26%             | 2025-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Jaguar Land Rover Automotive PLC                                 | Jaguar Land Rover Automotive PLC                                 | CUSIP: 47010BAM6<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | US        |   6265000 | PA      | $4460680.44   | 0.32%             | 2029-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mozart Debt Merger Sub Inc.                                      | Mozart Debt Merger Sub Inc.                                      | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   3714000 | PA      | $2993330.17   | 0.22%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Callon Petroleum Company                                         | Callon Petroleum Company                                         | CUSIP: 13123XBF8<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |    739000 | PA      | $678418.30    | 0.05%             | 2030-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc.                                          | Lumen Technologies Inc.                                          | CUSIP: 156700BB1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |   4255000 | PA      | $3696269.95   | 0.27%             | 2026-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| Clear Channel International B.V.                                 | Clear Channel International B.V.                                 | CUSIP: 18452MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1289000 | PA      | $1230148.31   | 0.09%             | 2025-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                             | Clear Channel Outdoor Holdings, Inc.                             | CUSIP: 18453H106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    335394 | NS      | $352163.70    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                             | Clear Channel Outdoor Holdings, Inc.                             | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3743000 | PA      | $2747117.21   | 0.20%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| Navient Corporation                                              | Navient Corporation                                              | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   1745000 | PA      | $1666654.25   | 0.12%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Neptune BidCo US Inc.                                            | Neptune BidCo US Inc.                                            | CUSIP: 640695AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4944000 | PA      | $4658449.79   | 0.34%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| Nordstrom, Inc.                                                  | Nordstrom, Inc.                                                  | CUSIP: 655664AS9<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |   2110000 | PA      | $1754343.74   | 0.13%             | 2027-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Occidental Petroleum Corporation                                 | Occidental Petroleum Corporation                                 | CUSIP: 674599DH5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1858000 | PA      | $2027422.77   | 0.15%             | 2039-06-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Open Text Corporation                                            | Open Text Corporation                                            | CUSIP: 683720AA4<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | US        |   4683000 | PA      | $3809800.70   | 0.27%             | 2030-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services, Inc.                                | PennyMac Financial Services, Inc.                                | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   9451000 | PA      | $7655898.99   | 0.55%             | 2031-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pilgrim's Pride Corporation                                      | Pilgrim's Pride Corporation                                      | CUSIP: 72147KAF5<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |  12586000 | PA      | $10712918.00  | 0.77%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC                            | Prime Security Services Borrower, LLC                            | CUSIP: 74166MAE6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |   5179000 | PA      | $4728983.90   | 0.34%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| QVC, Inc.                                                        | QVC, Inc.                                                        | CUSIP: 747262AW3<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |   4211000 | PA      | $2227706.59   | 0.16%             | 2034-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Onemain Finance Corporation                                      | Onemain Finance Corporation                                      | CUSIP: 85172FAP4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1580000 | PA      | $1528281.24   | 0.11%             | 2024-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Company LLC                                    | Vistra Operations Company LLC                                    | CUSIP: 92840VAE2<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1033000 | PA      | $930225.07    | 0.07%             | 2029-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Groupe Solmax Inc.                                               | Groupe Solmax Inc.                                               | CUSIP: C4127PAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    958247 | PA      | $790554.14    | 0.06%             | 2024-12-30      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| Groupe Solmax Inc.                                               | Groupe Solmax Inc.                                               | CUSIP: C4127PAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    665450 | PA      | $548995.85    | 0.04%             | 2024-12-30      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| Sprint Corporation                                               | Sprint Corporation                                               | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |  14000000 | PA      | $14284426.52  | 1.03%             | 2024-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Staples, Inc.                                                    | Staples, Inc.                                                    | CUSIP: 855030AN2<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   6447000 | PA      | $5549750.96   | 0.40%             | 2026-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Terex Corporation                                                | Terex Corporation                                                | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |   4442000 | PA      | $3991412.71   | 0.29%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Terrier Media Buyer, Inc.                                        | Terrier Media Buyer, Inc.                                        | CUSIP: 88146LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3880000 | PA      | $2919304.32   | 0.21%             | 2027-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Var Energi ASA                                                   | Var Energi ASA                                                   | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | US        |   3460000 | PA      | $3566918.43   | 0.26%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                     | MPH Acquisition Holdings LLC                                     | CUSIP: 553283AD4<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |   5659000 | PA      | $4416441.60   | 0.32%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                                 | Occidental Petroleum Corporation                                 | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    715000 | PA      | $735842.64    | 0.05%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                                 | Occidental Petroleum Corporation                                 | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2690000 | PA      | $3037646.97   | 0.22%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Odeon Finco PLC                                                  | Odeon Finco PLC                                                  | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | US        |   2151000 | PA      | $1884165.87   | 0.14%             | 2027-11-01      | Fixed         | 12.75%                | No            |                  2 | On Loan: —       |
| Ford Motor Credit Company LLC                                    | Ford Motor Credit Company LLC                                    | CUSIP: 345397ZX4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2333000 | PA      | $2248137.73   | 0.16%             | 2024-11-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing II LP                                    | Hertz Vehicle Financing II LP                                    | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |   2318000 | PA      | $1758088.14   | 0.13%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Company                                      | Southwestern Energy Company                                      | CUSIP: 845467AT6<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |   5964000 | PA      | $5092255.18   | 0.37%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Stena International S.A R.L.                                     | Stena International S.A R.L.                                     | CUSIP: 85858EAB9<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | US        |   7457000 | PA      | $6940225.20   | 0.50%             | 2025-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Summit Materials, LLC                                            | Summit Materials, LLC                                            | CUSIP: 86614RAN7<br>LEI: 549300C97P3BW8QROE16 | Long             | DBT              | CORP              | US        |   3952000 | PA      | $3681794.65   | 0.27%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TKC Holdings, Inc.                                               | TKC Holdings, Inc.                                               | CUSIP: 87256YAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2405000 | PA      | $1882069.79   | 0.14%             | 2028-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                               | T-Mobile USA, Inc.                                               | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   4669000 | PA      | $4113761.03   | 0.30%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Tap Rock Resources, LLC                                          | Tap Rock Resources, LLC                                          | CUSIP: 87602LAA0<br>LEI: 549300Y3SDS1HPFQ6H17 | Long             | DBT              | CORP              | US        |   3659000 | PA      | $3404828.15   | 0.25%             | 2026-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                             | Clear Channel Outdoor Holdings, Inc.                             | CUSIP: 18453HAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7247000 | PA      | $5271253.80   | 0.38%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Dana Incorporated                                                | Dana Incorporated                                                | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |   2410000 | PA      | $2192423.68   | 0.16%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Dana Incorporated                                                | Dana Incorporated                                                | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    362000 | PA      | $291709.24    | 0.02%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| USA Compression Finance Corp.                                    | USA Compression Finance Corp.                                    | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    863000 | PA      | $829090.33    | 0.06%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Bank, FA                                       | Washington Mutual Bank, FA                                       | CUSIP: 93933WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $58.49        | 0.00%             | 2500-12-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Dana Incorporated                                                | Dana Incorporated                                                | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |   4760000 | PA      | $3842983.48   | 0.28%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DaVita Inc.                                                      | DaVita Inc.                                                      | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |  10820000 | PA      | $8069796.96   | 0.58%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Peraton Corp.                                                    | Peraton Corp.                                                    | CUSIP: 71360HAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4453394 | PA      | $4341123.84   | 0.31%             | 2028-02-22      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| CoreLogic, Inc.                                                  | CoreLogic, Inc.                                                  | CUSIP: 21870FBA6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2731425 | PA      | $2270497.03   | 0.16%             | 2028-04-14      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Aktiengesellschaft                                 | Deutsche Bank Aktiengesellschaft                                 | CUSIP: 251526BN8<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | US        |  14900000 | PA      | $12441248.04  | 0.90%             | 2032-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Macys Retail Holdings                                            | Macys Retail Holdings                                            | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5762000 | PA      | $4843135.07   | 0.35%             | 2032-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| GOGO Intermediate Holdings LLC                                   | GOGO Intermediate Holdings LLC                                   | CUSIP: 38046JAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4521883 | PA      | $4476664.34   | 0.32%             | 2028-04-21      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| PMHC II, Inc.                                                    | PMHC II, Inc.                                                    | CUSIP: 69346EAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2394000 | PA      | $2017184.40   | 0.15%             | 2029-02-03      | Floating      | 8.49%                 | No            |                  2 | On Loan: No      |
| Molina Healthcare, Inc.                                          | Molina Healthcare, Inc.                                          | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   2525000 | PA      | $2098652.59   | 0.15%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Mozart Debt Merger Sub Inc.                                      | Mozart Debt Merger Sub Inc.                                      | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   5684000 | PA      | $4517526.85   | 0.33%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Allen Media, LLC                                                 | Allen Media, LLC                                                 | CUSIP: 01771JAG8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5031711 | PA      | $4104014.39   | 0.30%             | 2027-02-10      | Floating      | 9.20%                 | No            |                  2 | On Loan: No      |
| Cornerstone OnDemand, Inc.                                       | Cornerstone OnDemand, Inc.                                       | CUSIP: 86803YAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2192396 | PA      | $1951232.24   | 0.14%             | 2026-09-08      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Murphy Oil Corporation                                           | Murphy Oil Corporation                                           | CUSIP: 626717AM4<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |   3654000 | PA      | $3516222.02   | 0.25%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NAC Aviation 29 Designated Activity Company                      | NAC Aviation 29 Designated Activity Company                      | CUSIP: 62877CAA1<br>LEI: 213800F6E89RCASJ7E83 | Long             | DBT              | CORP              | US        |   3904412 | PA      | $3133290.63   | 0.23%             | 2026-06-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Great Outdoors Group, LLC                                        | Great Outdoors Group, LLC                                        | CUSIP: 07014QAN1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7332915 | PA      | $7030432.42   | 0.51%             | 2028-02-26      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Intelsat Jackson Holdings S.A.                                   | Intelsat Jackson Holdings S.A.                                   | CUSIP: L5137LAQ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4278080 | PA      | $4122229.16   | 0.30%             | 2029-01-25      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| NCR Corporation                                                  | NCR Corporation                                                  | CUSIP: 62886EAU2<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   3590000 | PA      | $3440988.97   | 0.25%             | 2027-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NMG Holding Company, Inc.                                        | NMG Holding Company, Inc.                                        | CUSIP: 62929RAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8505000 | PA      | $7999336.25   | 0.58%             | 2026-04-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Olin Corporation                                                 | Olin Corporation                                                 | CUSIP: 680665AL0<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |   5295000 | PA      | $5020773.80   | 0.36%             | 2029-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                                 | SkyMiles IP Ltd.                                                 | CUSIP: 830867AB3<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   1393000 | PA      | $1312079.42   | 0.09%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Company                                      | Southwestern Energy Company                                      | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |   5580000 | PA      | $5074639.04   | 0.37%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Michaels Companies, Inc.                                         | Michaels Companies, Inc.                                         | CUSIP: 59408UAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3915966 | PA      | $3369923.70   | 0.24%             | 2028-04-08      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Groupe Solmax Inc.                                               | Groupe Solmax Inc.                                               | CUSIP: C4127PAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    667117 | PA      | $550371.88    | 0.04%             | 2024-12-30      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| Altice Financing S.A.                                            | Altice Financing S.A.                                            | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | US        |   4205000 | PA      | $3312727.30   | 0.24%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Altice France Holding S.A.                                       | Altice France Holding S.A.                                       | CUSIP: 02156LAC5<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | US        |   3980000 | PA      | $3124831.53   | 0.23%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Altice France Holding S.A.                                       | Altice France Holding S.A.                                       | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | US        |   2977000 | PA      | $2226605.68   | 0.16%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners, L.P.                                           | Buckeye Partners, L.P.                                           | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   2681000 | PA      | $1997199.85   | 0.14%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners, L.P.                                           | Buckeye Partners, L.P.                                           | CUSIP: 118230AP6<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   1477000 | PA      | $1071199.04   | 0.08%             | 2044-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource, Inc.                                       | Builders FirstSource, Inc.                                       | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |  16964000 | PA      | $13810835.67  | 1.00%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Earthstone Energy Holdings, LLC                                  | Earthstone Energy Holdings, LLC                                  | CUSIP: 27034RAA1<br>LEI: 549300HGVO86L8G72J25 | Long             | DBT              | CORP              | US        |   4539000 | PA      | $4327623.54   | 0.31%             | 2027-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                    | Ford Motor Credit Company LLC                                    | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1646000 | PA      | $1686656.22   | 0.12%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Fortress Transportation And Infrastructure Investors LLC         | Fortress Transportation And Infrastructure Investors LLC         | CUSIP: 34960PAB7<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |  10808000 | PA      | $10169091.02  | 0.73%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fortress Transportation And Infrastructure Investors LLC         | Fortress Transportation And Infrastructure Investors LLC         | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   3272000 | PA      | $2788857.79   | 0.20%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hawaiian Brand Intellectual Property, Ltd.                       | Hawaiian Brand Intellectual Property, Ltd.                       | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9725000 | PA      | $8799125.64   | 0.63%             | 2026-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Shea Homes Limited Partnership, A California Limited Partnership | Shea Homes Limited Partnership, A California Limited Partnership | CUSIP: 82088KAK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2936000 | PA      | $2565583.85   | 0.18%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Safeway Inc.                                                     | Safeway Inc.                                                     | CUSIP: 013092AG6<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |   4054000 | PA      | $3399433.70   | 0.24%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc.                                     | Bausch Health Companies Inc.                                     | CUSIP: 071734AP2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | US        |   3621000 | PA      | $2491010.14   | 0.18%             | 2027-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Blue Racer Midstream, LLC                                        | Blue Racer Midstream, LLC                                        | CUSIP: 095796AH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2705000 | PA      | $2690703.51   | 0.19%             | 2025-12-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners, LP                                       | EQM Midstream Partners, LP                                       | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   2337000 | PA      | $2289522.09   | 0.17%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications, Inc.                                       | iHeartCommunications, Inc.                                       | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   3936254 | PA      | $3352521.39   | 0.24%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| Intelligent Packaging Limited Purchaser Inc.                     | Intelligent Packaging Limited Purchaser Inc.                     | CUSIP: 45827MAA5<br>LEI: 549300D73EZIFX49H897 | Long             | DBT              | CORP              | US        |   5136000 | PA      | $4146567.73   | 0.30%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| International Game Technology PLC                                | International Game Technology PLC                                | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | US        |   4054000 | PA      | $3805166.78   | 0.27%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Stagwell Inc.                                                    | Stagwell Inc.                                                    | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10981000 | PA      | $9052610.34   | 0.65%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Rocket Mortgage, LLC                                             | Rocket Mortgage, LLC                                             | CUSIP: 77313LAB9<br>LEI: 549300FGXN1K3HLB1R50 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1122004.95   | 0.08%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                         | Service Properties Trust                                         | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |   6385000 | PA      | $5338666.87   | 0.38%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HUB International Limited                                        | HUB International Limited                                        | CUSIP: 44332PAD3<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   4541000 | PA      | $4457510.63   | 0.32%             | 2026-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Icahn Enterprises L.P.                                           | Icahn Enterprises L.P.                                           | CUSIP: 451102BT3<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |  11419000 | PA      | $11047632.88  | 0.80%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| International Game Technology PLC                                | International Game Technology PLC                                | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2058612.80   | 0.15%             | 2026-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc.                                                       | IQVIA Inc.                                                       | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   3764000 | PA      | $3591600.93   | 0.26%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** JNL Series Trust

**Signature:** Andrew Tedeschi

**Name of Signer:** Andrew Tedeschi

**Title:** Principal Financial Officer