# EDGAR Filing Document

**Accession Number:** 0000795422
**File Stem:** 0000035402-25-002109
**Filing Date:** 2025-11
**Character Count:** 601676
**Document Hash:** ffd9172892105e920ee1aba1b479878f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-002109.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000035402-25-002109

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY ADVISOR SERIES II
- **CENTRAL INDEX KEY:** 0000795422

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04707
- **FILM NUMBER:** 251519277

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY DIVERSIFIED TRUST
- **DATE OF NAME CHANGE:** 19930706

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PLYMOUTH FUND
- **DATE OF NAME CHANGE:** 19920130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PLYMOUTH INVESTMENT SERIES
- **DATE OF NAME CHANGE:** 19911204

## Series and Classes Contracts Data

### Fidelity Advisor Strategic Income Fund (Series ID: S000005152)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000014110 | Class A                        | FSTAX           |
| C000014112 | Class C                        | FSRCX           |
| C000014113 | Class M                        | FSIAX           |
| C000014114 | Class I                        | FSRIX           |
| C000200078 | Fidelity Strategic Income Fund | FADMX           |
| C000204998 | Class Z                        | FIWDX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity Advisor® Strategic Income Fund**

**September 30, 2025**

SI-NPRT3-1125

1.808792.121 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Asset-Backed Securities - 0.2%** | &nbsp;&nbsp;**Asset-Backed Securities - 0.2%** | &nbsp;&nbsp;**Asset-Backed Securities - 0.2%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| BAILIWICK OF JERSEY - 0.0%  |  |  |
| Brant Point CLO 2024-5 Ltd Series 2024-5A Class E, CME Term SOFR 3 month Index + 6.7%, 11.0255% 10/20/2037 (b)(c)(d) | 324000 | 329657 |
| Golub Cap Partners Clo 76 B Ltd Series 2024-76A Class E, CME Term SOFR 3 month Index + 5.75%, 10.0685% 10/25/2037 (b)(c)(d) | 836000 | 842825 |
| OCP Aegis CLO Ltd Series 2024-39A Class D1, CME Term SOFR 3 month Index + 2.8%, 7.1178% 1/16/2037 (b)(c)(d) | 250000 | 250122 |
| TOTAL BAILIWICK OF JERSEY |  | 1422604 |
| GRAND CAYMAN (UK OVERSEAS TER) - 0.2%  |  |  |
| 720 East CLO IV Ltd Series 2024-1A Class E, CME Term SOFR 3 month Index + 6.5%, 10.8176% 4/15/2037 (b)(c)(d) | 538000 | 543376 |
| Ares Loan Funding VII Ltd Series 2024-ALF7A Class E, CME Term SOFR 3 month Index + 6.25%, 10.582% 10/22/2037 (b)(c)(d) | 498000 | 501700 |
| Arini US Clo II Ltd Series 2025-2A Class E, CME Term SOFR 3 month Index + 5.65%, 9.9371% 3/31/2038 (b)(c)(d) | 333000 | 336351 |
| Balboa Bay Loan Funding 2025-1 Ltd Series 2025-1A Class D2, CME Term SOFR 3 month Index + 4.15%, 8.209% 7/20/2038 (b)(c)(d) | 501000 | 510492 |
| Balboa Bay Loan Funding 2025-1 Ltd Series 2025-1A Class E, CME Term SOFR 3 month Index + 5.75%, 10.0302% 7/20/2038 (b)(c)(d) | 321000 | 323093 |
| Bayard Pk Clo Ltd Series 2025-1A Class E, CME Term SOFR 3 month Index + 6.35%, 10.6768% 7/24/2038 (b)(c)(d) | 798000 | 819997 |
| Bbam US Clo I Ltd Series 2025-1A Class D1R, CME Term SOFR 3 month Index + 3%, 7.3176% 3/30/2038 (b)(c)(d) | 488000 | 490440 |
| Bbam US Clo III Ltd Series 2025-3A Class DR, 5% 10/15/2038 (b)(c) | 404000 | 404000 |
| Benefit Street Partners Clo Xxxix Ltd Series 2025-39A Class D2, CME Term SOFR 3 month Index + 3.65%, 7.9065% 4/15/2038 (b)(c)(d) | 668000 | 671812 |
| Birch Grove Clo 12 Ltd Series 2025-12A Class D1, CME Term SOFR 3 month Index + 2.75%, 7.0928% 4/22/2038 (b)(c)(d) | 716000 | 719047 |
| Birch Grove Clo 5 LLC Series 2024-5A Class ER, CME Term SOFR 3 month Index + 6.75%, 11.0755% 10/20/2037 (b)(c)(d) | 393000 | 397795 |
| Carlyle US Clo 2025-2 Ltd Series 2025-2A Class E, CME Term SOFR 3 month Index + 6.75%, 11.046% 7/25/2038 (b)(c)(d) | 658000 | 675210 |
| Carlyle US Clo Ltd Series 2024-6A Class E, CME Term SOFR 3 month Index + 5.75%, 10.0685% 10/25/2037 (b)(c)(d) | 468000 | 472610 |
| Carval Clo Xi-C Ltd Series 2024-3A Class E, CME Term SOFR 3 month Index + 6.35%, 10.6755% 10/20/2037 (b)(c)(d) | 178000 | 180959 |
| Cifc Fdg 2025-Iii Ltd Series 2025-3A Class E, CME Term SOFR 3 month Index + 7.25%, 11.579% 7/21/2038 (b)(c)(d) | 1091000 | 1127557 |
| CIFC Funding Ltd Series 2025-4A Class D2R, CME Term SOFR 3 month Index + 3.75%, 8.0724% 1/17/2038 (b)(c)(d) | 410000 | 413250 |
| Croton Pk Clo Ltd Series 2024-1A Class E, CME Term SOFR 3 month Index + 5.55%, 9.8676% 10/15/2036 (b)(c)(d) | 2231000 | 2248628 |
| Diameter Cap Clo 7 Ltd / Diameter Cap Clo 7 LLC Series 2024-7A Class D, CME Term SOFR 3 month Index + 6.1%, 10.4255% 7/20/2037 (b)(c)(d) | 1262000 | 1273843 |
| Flat Series 2025-30A Class D2, CME Term SOFR 3 month Index + 4.1%, 8.3834% 4/15/2038 (b)(c)(d) | 460000 | 464069 |
| Flatiron Clo 19 Ltd Series 2025-1A Class ER2, CME Term SOFR 3 month Index + 5.9%, 10.0852% 11/16/2034 (b)(c)(d) | 305000 | 300479 |
| Flatiron Rr Clo 30 Ltd Series 2025-30A Class E, CME Term SOFR 3 month Index + 5.25%, 9.5334% 4/15/2038 (b)(c)(d) | 707000 | 713633 |
| Galaxy XXV CLO Ltd Series 2025-25A Class ERR, CME Term SOFR 3 month Index + 5.75%, 10.0104% 4/25/2036 (b)(c)(d) | 200000 | 200495 |
| Garnet CLO Ltd Series 2025-1A Class E, CME Term SOFR 3 month Index + 6.25%, 10.5202% 7/20/2037 (b)(c)(d) | 218000 | 222689 |
| Madison Park Funding LXXII Ltd Series 2025-72A Class D2, 8.345% 7/23/2038 (b) | 308000 | 315950 |
| Magnetite Xxix Ltd Series 2024-29A Class ER, CME Term SOFR 3 month Index + 6%, 10.3176% 7/15/2037 (b)(c)(d) | 395000 | 398671 |
| Midocean Cr Clo Xix Series 2025-19A Class E, CME Term SOFR 3 month Index + 6.25%, 10.5657% 7/20/2036 (b)(c)(d) | 519000 | 524129 |
| Midocean Cr Clo Xvi Series 2024-16A Class E, CME Term SOFR 3 month Index + 6.25%, 10.5755% 10/20/2037 (b)(c)(d) | 464000 | 469400 |
| OCP CLO Ltd Series 2024-14A Class ER, CME Term SOFR 3 month Index + 6.55%, 10.8755% 7/20/2037 (b)(c)(d) | 553000 | 555430 |
| Orchard Park Clo Ltd Series 2024-1A Class E, CME Term SOFR 3 month Index + 5.6%, 9.9255% 10/20/2037 (b)(c)(d) | 876000 | 882644 |
| Palmer Square Clo Ltd Series 2025-2A Class DR2, CME Term SOFR 3 month Index + 4.14%, 8.4576% 2/15/2038 (b)(c)(d) | 319000 | 321941 |
| Palmer Square Loan Funding 2025-2 Ltd Series 2025-2A Class D, CME Term SOFR 3 month Index + 4.5%, 8.7877% 7/15/2033 (b)(c)(d) | 738000 | 737874 |
| Palmer Square Loan Funding Ltd Series 2024-2A Class D, CME Term SOFR 3 month Index + 4.7%, 9.0176% 1/15/2033 (b)(c)(d) | 1085000 | 1075110 |
| Pikes Peak Clo 1 Series 2025-12A Class D2R, CME Term SOFR 3 month Index + 3.8%, 8.1255% 4/20/2038 (b)(c)(d) | 274000 | 274743 |
| Rr 31 Ltd Series 2024-31A Class D, CME Term SOFR 3 month Index + 6%, 10.3176% 10/15/2039 (b)(c)(d) | 826000 | 836985 |
| TOTAL GRAND CAYMAN (UK OVERSEAS TER) |  | 20404402 |
| UNITED STATES - 0.0%  |  |  |
| Goldentree Loan Management US Clo 7 Ltd Series 2024-7A Class ERR, CME Term SOFR 3 month Index + 5.25%, 9.5755% 4/20/2034 (b)(c)(d) | 357000 | 357667 |
| Obra Clo 1 Ltd / Obra Clo 1 LLC Series 2024-1A Class D2, 8.259% 1/20/2038 (b) | 325000 | 329459 |
| Obra Homes Finance LLC Series 2024-1A Class E, CME Term SOFR 3 month Index + 6.75%, 11.0755% 1/20/2038 (b)(c)(d) | 375000 | 383475 |
| Systima Capital Management LLC Series 2025-SUP2 Class E, U.S. 30-Day Avg. SOFR Index + 4%, 8.0865% 9/25/2032 (b)(c)(d) | 250000 | 249995 |
| TOTAL UNITED STATES |  | 1320596 |
| <br> **TOTAL ASSET-BACKED SECURITIES**<br> (Cost $22,893,361) |  | <br> **23147602** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bank Loan Obligations - 4.7%** | &nbsp;&nbsp;**Bank Loan Obligations - 4.7%** | &nbsp;&nbsp;**Bank Loan Obligations - 4.7%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| CANADA - 0.0%  |  |  |
| Consumer Discretionary - 0.0% |  |  |
| Hotels, Restaurants & Leisure - 0.0% |  |  |
| Ontario Gaming GTA LP Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.25%, 8.2401% 8/1/2030 (c)(d)(e) | 1470533 | 1432623 |
| FINLAND - 0.0%  |  |  |
| Materials - 0.0% |  |  |
| Paper & Forest Products - 0.0% |  |  |
| Ahlstrom Holding 3 Oy Tranche B 1LN, term loan CME Term SOFR 1 month Index + 4.25%, 8.5131% 5/23/2030 (c)(d)(e) | 4140000 | 4134825 |
| FRANCE - 0.1%  |  |  |
| Communication Services - 0.1% |  |  |
| Diversified Telecommunication Services - 0.1% |  |  |
| Altice France SA Tranche B14 1LN, term loan CME Term SOFR 3 month Index + 5.5%, 9.8176% 8/15/2028 (c)(d)(e) | 9096794 | 8778406 |
| LUXEMBOURG - 0.0%  |  |  |
| Financials - 0.0% |  |  |
| Financial Services - 0.0% |  |  |
| Accelya Lux Finco Sarl Tranche B 1LN, term loan CME Term SOFR 1 month Index + 5.25%, 0% 9/29/2032 (c)(d)(e)(f) | 5405000 | 5296900 |
| Materials - 0.0% |  |  |
| Containers & Packaging - 0.0% |  |  |
| Klockner Pentaplast of America Inc Tranche 1ST LIEN AE TL, term loan 14.1568% 10/27/2025 (c)(e)(g) | 76941 | 76940 |
| Klockner Pentaplast of America Inc Tranche B 1LN, term loan CME Term SOFR 6 month Index + 4.725%, 9.0185% 2/12/2026 (c)(d)(e) | 766000 | 368163 |
|  |  | 445103 |
| TOTAL LUXEMBOURG |  | 5742003 |
| NETHERLANDS - 0.1%  |  |  |
| Industrials - 0.1% |  |  |
| Building Products - 0.1% |  |  |
| Hunter Douglas Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.25%, 7.2515% 1/17/2032 (c)(d)(e) | 9339397 | 9339397 |
| SWITZERLAND - 0.0%  |  |  |
| Materials - 0.0% |  |  |
| Chemicals - 0.0% |  |  |
| Consolidated Energy Finance SA Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.5%, 8.6634% 11/15/2030 (c)(d)(e) | 5220500 | 4869056 |
| UNITED KINGDOM - 0.2%  |  |  |
| Communication Services - 0.0% |  |  |
| Diversified Telecommunication Services - 0.0% |  |  |
| Connect Finco SARL Tranche B 1LN, term loan CME Term SOFR 1 month Index + 4.5%, 8.6634% 9/27/2029 (c)(d)(e) | 5181162 | 5109920 |
| Energy - 0.2% |  |  |
| Oil, Gas & Consumable Fuels - 0.2% |  |  |
| EG America LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.5%, 7.6989% 2/7/2028 (c)(d)(e) | 19343039 | 19432791 |
| TOTAL UNITED KINGDOM |  | 24542711 |
| UNITED STATES - 4.3%  |  |  |
| Communication Services - 0.1% |  |  |
| Diversified Telecommunication Services - 0.1% |  |  |
| Aventiv Technologies LLC 1LN, term loan CME Term SOFR 3 month Index + 5.09%, 9.6472% 3/25/2026 (c)(d)(e) | 4570583 | 3176556 |
| Aventiv Technologies LLC Tranche DEC FLSO 1LN, term loan CME Term SOFR 3 month Index + 10%, 14.2649% 3/25/2026 (c)(d)(e)(g) | 127095 | 133132 |
| Aventiv Technologies LLC Tranche FLSO 1LN, term loan CME Term SOFR 1 month Index + 10%, 14.5794% 3/25/2026 (c)(d)(e) | 1167711 | 1220258 |
| Aventiv Technologies LLC Tranche FLSO 1LN, term loan CME Term SOFR 3 month Index + 7.5%, 11.7631% 3/25/2026 (c)(d)(e) | 123912 | 123912 |
|  |  | 4653858 |
| Media - 0.0% |  |  |
| Univision Communications Inc 1LN, term loan CME Term SOFR 3 month Index + 4.25%, 8.2515% 6/24/2029 (c)(d)(e) | 343463 | 343284 |
| Univision Communications Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.25%, 7.5279% 1/31/2029 (c)(d)(e) | 3454700 | 3428306 |
|  |  | 3771590 |
| TOTAL COMMUNICATION SERVICES |  | 8425448 |
| Consumer Discretionary - 0.7% |  |  |
| Automobile Components - 0.0% |  |  |
| Clarios Global LP Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.5%, 6.6634% 5/6/2030 (c)(d)(e) | 1237523 | 1236359 |
| Broadline Retail - 0.0% |  |  |
| Great Outdoors Group LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.25%, 7.4134% 1/23/2032 (c)(d)(e) | 2864797 | 2861216 |
| Distributors - 0.0% |  |  |
| Solenis Holdings Ltd Tranche B6 1LN, term loan CME Term SOFR 3 month Index + 3%, 7.0015% 6/20/2031 (c)(d)(e) | 1530728 | 1514150 |
| Diversified Consumer Services - 0.2% |  |  |
| Spin Holdco Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4%, 8.3928% 3/4/2028 (c)(d)(e) | 15276383 | 12739434 |
| TKC Holdings Inc 1LN, term loan CME Term SOFR 1 month Index + 5%, 9.1655% 5/15/2028 (c)(d)(e) | 11214133 | 11218843 |
|  |  | 23958277 |
| Hotels, Restaurants & Leisure - 0.1% |  |  |
| Fertitta Entertainment LLC/NV Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.25%, 7.4134% 1/29/2029 (c)(d)(e) | 12876889 | 12854226 |
| United PF Holdings LLC 1LN, term loan CME Term SOFR 3 month Index + 4%, 8.5695% 12/30/2026 (c)(d)(e) | 3878957 | 3720579 |
|  |  | 16574805 |
| Household Durables - 0.0% |  |  |
| Weber-Stephen Products LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.75%, 0% 9/17/2032 (c)(d)(e)(f) | 5410000 | 5349138 |
| Specialty Retail - 0.4% |  |  |
| Belron Finance 2019 LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 2.5%, 6.7419% 10/16/2031 (c)(d)(e) | 1999838 | 2008597 |
| Kodiak BP LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.75%, 7.7515% 12/4/2031 (c)(d)(e) | 1178561 | 1171690 |
| LBM Acquisition LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.75%, 7.9858% 6/6/2031 (c)(d)(e) | 51216258 | 49894880 |
| Park River Holdings Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.5%, 0% 9/25/2031 (c)(d)(e)(f) | 675000 | 674831 |
| Wand NewCo 3 Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.5%, 6.6634% 1/30/2031 (c)(d)(e) | 931787 | 928115 |
|  |  | 54678113 |
| TOTAL CONSUMER DISCRETIONARY |  | 106172058 |
| Consumer Staples - 0.0% |  |  |
| Beverages - 0.0% |  |  |
| Naked Juice LLC Tranche EXCH FLSO FL20 1LN, term loan CME Term SOFR 3 month Index + 3.25%, 7.3515% 1/24/2029 (c)(d)(e) | 815138 | 612812 |
| Naked Juice LLC Tranche NEW $$ FLFO 1LN, term loan CME Term SOFR 1 month Index + 5.5%, 9.5015% 1/24/2029 (c)(d)(e) | 530287 | 532938 |
|  |  | 1145750 |
| Food Products - 0.0% |  |  |
| Fiesta Purchaser Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.75%, 6.9134% 2/12/2031 (c)(d)(e) | 928291 | 925878 |
| TOTAL CONSUMER STAPLES |  | 2071628 |
| Energy - 0.0% |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |
| CVR CHC LP Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4%, 8.0015% 12/30/2027 (c)(d)(e) | 865848 | 865848 |
| EPIC Crude Services LP Tranche B 1LN, term loan CME Term SOFR 3 month Index + 2.5%, 6.8285% 10/15/2031 (c)(d)(e) | 730704 | 730704 |
| Mesquite Energy Inc 1LN, term loan 0% (c)(e)(g)(h) | 1476000 | 0 |
| Mesquite Energy Inc 1LN, term loan 3 month U.S. LIBOR + 8%, 0% (c)(d)(e)(g)(h) | 3422531 | 0 |
| New Fortress Energy Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 5.5%, 9.5699% 10/30/2028 (c)(d)(e) | 10044762 | 4830627 |
|  |  | 6427179 |
| Financials - 0.5% |  |  |
| Capital Markets - 0.0% |  |  |
| Citadel Securities Global Holdings LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2%, 6.1634% 10/31/2031 (c)(d)(e) | 5149990 | 5158384 |
| Focus Financial Partners LLC Tranche B8 1LN, term loan CME Term SOFR 1 month Index + 2.75%, 6.9134% 9/15/2031 (c)(d)(e) | 10396438 | 10397477 |
| PEX Holdings LLC 1LN, term loan CME Term SOFR 3 month Index + 2.75%, 6.7515% 11/26/2031 (c)(d)(e) | 751225 | 750909 |
|  |  | 16306770 |
| Financial Services - 0.2% |  |  |
| CFC USA 2025 LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.75%, 8.0406% 7/1/2032 (c)(d)(e) | 6340000 | 6038850 |
| Nexus Buyer LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 4%, 8.1634% 7/31/2031 (c)(d)(e) | 8125000 | 8119963 |
| Orion US Finco Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.5%, 0% 5/20/2032 (c)(d)(e)(f) | 590000 | 592949 |
| WH Borrower LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.5%, 8.7035% 2/20/2032 (c)(d)(e) | 12259275 | 12257314 |
|  |  | 27009076 |
| Insurance - 0.3% |  |  |
| Acrisure LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.25%, 7.4134% 6/21/2032 (c)(d)(e) | 7427755 | 7412305 |
| Acrisure LLC Tranche B6 1LN, term loan CME Term SOFR 1 month Index + 3%, 7.1634% 11/6/2030 (c)(d)(e) | 5105292 | 5090946 |
| Alera Group Intermediate Holdings Inc 1LN, term loan CME Term SOFR 1 month Index + 3.25%, 7.4134% 5/31/2032 (c)(d)(e) | 1685000 | 1690510 |
| Alliant Hldgs Intermediate LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.5%, 6.6655% 9/19/2031 (c)(d)(e) | 15323157 | 15278720 |
| CRC Insurance Group LLC 2LN, term loan CME Term SOFR 3 month Index + 4.75%, 8.7515% 5/6/2032 (c)(d)(e) | 5810526 | 5910410 |
| CRC Insurance Group LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 2.75%, 6.7515% 5/6/2031 (c)(d)(e) | 967621 | 966111 |
| HUB International Ltd Tranche B 1LN, term loan CME Term SOFR 3 month Index + 2.25%, 6.5755% 6/20/2030 (c)(d)(e) | 1764990 | 1767143 |
|  |  | 38116145 |
| TOTAL FINANCIALS |  | 81431991 |
| Health Care - 0.3% |  |  |
| Health Care Equipment & Supplies - 0.1% |  |  |
| Bausch + Lomb Corp Tranche B 1LN, term loan CME Term SOFR 1 month Index + 4.25%, 8.4134% 1/15/2031 (c)(d)(e) | 1456350 | 1455141 |
| Medline Borrower LP Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2%, 6.1634% 10/23/2028 (c)(d)(e) | 9625749 | 9625172 |
|  |  | 11080313 |
| Health Care Providers & Services - 0.0% |  |  |
| Phoenix Newco Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.5%, 6.6634% 11/15/2028 (c)(d)(e) | 3094362 | 3095971 |
| Health Care Technology - 0.2% |  |  |
| AthenaHealth Group Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.75%, 6.9134% 2/15/2029 (c)(d)(e) | 13287530 | 13254311 |
| Cotiviti Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.75%, 7.0302% 5/1/2031 (c)(d)(e) | 15519463 | 15228473 |
|  |  | 28482784 |
| Pharmaceuticals - 0.0% |  |  |
| 1261229 BC Ltd Tranche B 1LN, term loan CME Term SOFR 1 month Index + 6.25%, 10.4134% 10/8/2030 (c)(d)(e) | 7910175 | 7784087 |
| Amneal Pharmaceuticals LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.5%, 7.6634% 8/2/2032 (c)(d)(e) | 600000 | 598998 |
|  |  | 8383085 |
| TOTAL HEALTH CARE |  | 51042153 |
| Industrials - 0.4% |  |  |
| Aerospace & Defense - 0.1% |  |  |
| TransDigm Group Inc Tranche M 1LN, term loan CME Term SOFR 1 month Index + 2.5%, 6.5015% 8/19/2032 (c)(d)(e) | 9855000 | 9842386 |
| TransDigm Inc Tranche L 1LN, term loan CME Term SOFR 3 month Index + 2.5%, 6.5015% 1/19/2032 (c)(d)(e) | 4395600 | 4392567 |
|  |  | 14234953 |
| Commercial Services & Supplies - 0.3% |  |  |
| ABG Intermediate Holdings 2 LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.25%, 6.4134% 2/13/2032 (c)(d)(e) | 8188850 | 8171817 |
| ABG Intermediate Holdings 2 LLC Tranche B1 1LN, term loan CME Term SOFR 1 month Index + 2.25%, 6.4134% 12/21/2028 (c)(d)(e) | 8170096 | 8148364 |
| Artera Services LLC 1LN, term loan CME Term SOFR 3 month Index + 4.5%, 8.5015% 2/15/2031 (c)(d)(e) | 2733375 | 2434836 |
| Brand Industrial Services Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.5%, 8.7962% 8/1/2030 (c)(d)(e) | 13810252 | 12484467 |
| Madison IAQ LLC Tranche B 1LN, term loan CME Term SOFR 6 month Index + 2.5%, 6.7019% 6/21/2028 (c)(d)(e) | 1363200 | 1363432 |
| Neptune Bidco US Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 5%, 9.4294% 4/11/2029 (c)(d)(e) | 7213950 | 6859601 |
| Sabert Corp Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3%, 7.2779% 12/10/2026 (c)(d)(e) | 2836490 | 2847126 |
|  |  | 42309643 |
| Machinery - 0.0% |  |  |
| Beach Acquisition Bidco LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.25%, 7.3084% 9/12/2032 (c)(d)(e) | 900000 | 903753 |
| STS Operating Inc 1LN, term loan CME Term SOFR 1 month Index + 4%, 8.2634% 3/25/2031 (c)(d)(e) | 2600400 | 2581989 |
|  |  | 3485742 |
| Passenger Airlines - 0.0% |  |  |
| AAdvantage Loyalty IP Ltd Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.25%, 7.5755% 5/28/2032 (c)(d)(e) | 573563 | 575713 |
| United Airlines Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 2%, 6.1958% 2/22/2031 (c)(d)(e) | 987797 | 989446 |
|  |  | 1565159 |
| Professional Services - 0.0% |  |  |
| Amentum Holdings Inc 1LN, term loan CME Term SOFR 1 month Index + 2.25%, 6.4134% 9/29/2031 (c)(d)(e) | 2023999 | 2021591 |
| TOTAL INDUSTRIALS |  | 63617088 |
| Information Technology - 1.9% |  |  |
| Electronic Equipment, Instruments & Components - 0.0% |  |  |
| DG Investment Intermediate Holdings Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.75%, 7.9134% 7/12/2032 (c)(d)(e) | 960051 | 961251 |
| Lightning Power LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 2.25%, 6.2515% 8/18/2031 (c)(d)(e) | 1257300 | 1255578 |
|  |  | 2216829 |
| IT Services - 0.7% |  |  |
| Acuris Finance US Inc 1LN, term loan CME Term SOFR 3 month Index + 3.75%, 7.7515% 2/16/2028 (c)(d)(e) | 370441 | 370284 |
| GTT Communications Inc Tranche NEW $ HOLDCO 1LN, term loan 14% 7/15/2031 (c)(e) | 2034721 | 1641349 |
| Kaseya Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.25%, 7.4134% 3/20/2032 (c)(d)(e) | 2442725 | 2444948 |
| X Corp 1LN, term loan 9.5% 10/26/2029 (e) | 64770000 | 64922857 |
| X Corp Tranche B1 1LN, term loan CME Term SOFR 3 month Index + 6.5%, 10.9579% 10/26/2029 (c)(d)(e) | 26322003 | 25799248 |
|  |  | 95178686 |
| Software - 1.2% |  |  |
| Applied Systems Inc 2LN, term loan CME Term SOFR 3 month Index + 4.5%, 8.5015% 2/23/2032 (c)(d)(e) | 95000 | 97038 |
| Applied Systems Inc Tranche B2 1LN, term loan CME Term SOFR 3 month Index + 2.25%, 6.2515% 2/24/2031 (c)(d)(e) | 5105633 | 5107063 |
| Avalara Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.25%, 7.2515% 3/26/2032 (c)(d)(e) | 12344063 | 12340606 |
| ConnectWise LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.5%, 7.7631% 9/29/2028 (c)(d)(e) | 7879247 | 7887678 |
| KnowBe4 Inc 1LN, term loan CME Term SOFR 1 month Index + 3.75%, 8.0685% 7/26/2032 (c)(d)(e) | 750000 | 750000 |
| McAfee Corp 1LN, term loan CME Term SOFR 1 month Index + 3%, 7.2231% 3/1/2029 (c)(d)(e) | 13921057 | 13272893 |
| MH Sub I LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 4.25%, 8.2515% 5/3/2028 (c)(d)(e) | 4896103 | 4702315 |
| Modena Buyer LLC 1LN, term loan CME Term SOFR 3 month Index + 4.5%, 8.8079% 7/1/2031 (c)(d)(e) | 12624600 | 12453284 |
| Polaris Newco LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.75%, 8.5695% 6/2/2028 (c)(d)(e) | 9777600 | 9412309 |
| Project Alpha Intermediate Holding Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.25%, 7.2515% 10/26/2030 (c)(d)(e) | 6015455 | 6029110 |
| Proofpoint Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3%, 7.1634% 8/31/2028 (c)(d)(e) | 37113182 | 37210049 |
| RealPage Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3%, 7.2631% 4/24/2028 (c)(d)(e) | 2980800 | 2972573 |
| UKG Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.5%, 6.81% 2/10/2031 (c)(d)(e) | 30980584 | 30940619 |
| VS Buyer LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 2.25%, 6.56% 4/14/2031 (c)(d)(e) | 15944733 | 15899928 |
| X.AI LLC 1LN, term loan 12.5% 6/28/2030 (e) | 13765500 | 14239859 |
|  |  | 173315324 |
| TOTAL INFORMATION TECHNOLOGY |  | 270710839 |
| Materials - 0.4% |  |  |
| Chemicals - 0.3% |  |  |
| Discovery Purchaser Corp Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.75%, 8.082% 10/4/2029 (c)(d)(e) | 26984871 | 26827550 |
| M2S Group Intermediate Holdings Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.75%, 9.0579% 8/25/2031 (c)(d)(e) | 11839618 | 11715301 |
|  |  | 38542851 |
| Containers & Packaging - 0.1% |  |  |
| Clydesdale Acquisition Holdings Inc 1LN, term loan CME Term SOFR 1 month Index + 3.175%, 7.3384% 4/13/2029 (c)(d)(e) | 27498819 | 27452346 |
| TOTAL MATERIALS |  | 65995197 |
| Utilities - 0.0% |  |  |
| Independent Power and Renewable Electricity Producers - 0.0% |  |  |
| Talen Energy Supply LLC Tranche TLB-EXIT 1LN, term loan CME Term SOFR 3 month Index + 2.5%, 6.7329% 5/17/2030 (c)(d)(e) | 237893 | 237978 |
| TOTAL UNITED STATES |  | 656131559 |
| <br> **TOTAL BANK LOAN OBLIGATIONS**<br> (Cost $721,330,621) |  | <br> **714970580** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Collateralized Mortgage Obligations - 0.9%** | &nbsp;&nbsp;**Collateralized Mortgage Obligations - 0.9%** | &nbsp;&nbsp;**Collateralized Mortgage Obligations - 0.9%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.9%  |  |  |
| Fannie Mae Guaranteed REMIC Series 2021-66 Class DA, 2% 1/25/2048  | 1261639 | 1060197 |
| Fannie Mae Guaranteed REMIC Series 2021-66 Class DM, 2% 1/25/2048  | 1340760 | 1126685 |
| Fannie Mae Guaranteed REMIC Series 2021-85 Class L, 2.5% 8/25/2048  | 1090840 | 974940 |
| Fannie Mae Guaranteed REMIC Series 2021-96 Class HA, 2.5% 2/25/2050  | 1749900 | 1539237 |
| Fannie Mae Guaranteed REMIC Series 2022-1 Class KA, 3% 5/25/2048  | 1709718 | 1582547 |
| Fannie Mae Guaranteed REMIC Series 2022-13 Class MA, 3% 5/25/2044  | 6711388 | 6435579 |
| Fannie Mae Guaranteed REMIC Series 2022-2 Class TH, 2.5% 2/25/2052  | 966323 | 890915 |
| Fannie Mae Guaranteed REMIC Series 2022-3 Class N, 2% 10/25/2047  | 13669442 | 12173232 |
| Fannie Mae Guaranteed REMIC Series 2022-4 Class B, 2.5% 5/25/2049  | 1264809 | 1122120 |
| Fannie Mae Guaranteed REMIC Series 2022-5 Class BA, 2.5% 12/25/2049  | 1929136 | 1684349 |
| Fannie Mae Guaranteed REMIC Series 2022-7 Class A, 3% 5/25/2048  | 2420551 | 2241124 |
| Fannie Mae Guaranteed REMIC Series 2023-54 Class FD, U.S. 30-Day Avg. SOFR Index + 1.45%, 5.806% 11/25/2053 (c)(d) | 7497223 | 7554459 |
| Fannie Mae Mortgage pass-thru certificates Series 2024-100 Class EF, U.S. 30-Day Avg. SOFR Index + 1.2%, 5.556% 6/25/2054 (c)(d) | 6131853 | 6144728 |
| Fannie Mae Mortgage pass-thru certificates Series 2025-4 Class FH, U.S. 30-Day Avg. SOFR Index + 1.2%, 5.556% 9/25/2054 (c)(d) | 3127270 | 3132583 |
| Fannie Mae Mortgage pass-thru certificates Series 2025-7 Class AF, U.S. 30-Day Avg. SOFR Index + 1.4%, 5.756% 2/25/2055 (c)(d) | 4859697 | 4885882 |
| Fannie Mae Mortgage pass-thru certificates Series 2025-7 Class DF, U.S. 30-Day Avg. SOFR Index + 1.4%, 5.756% 9/25/2054 (c)(d) | 4925344 | 4944337 |
| Fannie Mae Mortgage pass-thru certificates Series 2025-7 Class FB, U.S. 30-Day Avg. SOFR Index + 1.2%, 5.556% 2/25/2055 (c)(d) | 6517446 | 6536792 |
| Fannie Mae Mortgage pass-thru certificates Series 2025-7 Class FE, U.S. 30-Day Avg. SOFR Index + 1.15%, 5.506% 2/25/2055 (c)(d) | 2791827 | 2796518 |
| Freddie Mac Multiclass Mortgage participation certificates Series 2021-5159 Class GC, 2% 11/25/2047  | 1004365 | 891488 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2020-5018 Class LC, 3% 10/25/2040  | 1874420 | 1706939 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2020-5041 Class LB, 3% 11/25/2040  | 3183633 | 2887103 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2021-5122 Class TE, 1.5% 6/25/2051  | 3981730 | 3344873 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2021-5175 Class CB, 2.5% 4/25/2050  | 6375281 | 5639246 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2021-5180 Class KA, 2.5% 10/25/2047  | 1254623 | 1137458 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2022-5189 Class DA, 2.5% 5/25/2049  | 1356093 | 1199256 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2022-5190 Class BA, 2.5% 11/25/2047  | 1284469 | 1163797 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2022-5191 Class CA, 2.5% 4/25/2050  | 1476547 | 1287445 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2022-5197 Class DA, 2.5% 11/25/2047  | 974329 | 883508 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2022-5198 Class BA, 2.5% 11/25/2047  | 4636412 | 4224837 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2022-5213 Class JM, 3.5% 9/25/2051  | 5353893 | 5247763 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2022-5214 Class CG, 3.5% 4/25/2052  | 1951400 | 1867559 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2022-5220 Class PK, 3.5% 1/25/2051  | 2669647 | 2546194 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2022-5224 Class DQ, 3.75% 8/25/2044  | 3131799 | 3044139 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2023-5330 Class FA, U.S. 30-Day Avg. SOFR Index + 1.05%, 5.406% 8/25/2053 (c)(d) | 4521869 | 4525210 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2024-5425 Class FK, U.S. 30-Day Avg. SOFR Index + 1.2%, 5.556% 6/25/2054 (c)(d) | 3326628 | 3340293 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2024-5476 Class FB, U.S. 30-Day Avg. SOFR Index + 1.1%, 5.456% 11/25/2054 (c)(d) | 3995482 | 3997907 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2025-5499 Class NF, U.S. 30-Day Avg. SOFR Index + 1.15%, 5.506% 2/25/2055 (c)(d) | 8562142 | 8583501 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2025-5499 Class WF, U.S. 30-Day Avg. SOFR Index + 1.2%, 5.556% 2/25/2055 (c)(d) | 2600442 | 2597004 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2025-5500 Class FV, U.S. 30-Day Avg. SOFR Index + 1.25%, 5.606% 10/25/2054 (c)(d) | 4811366 | 4825042 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2025-5509 Class FB, U.S. 30-Day Avg. SOFR Index + 1.15%, 5.506% 2/25/2055 (c)(d) | 4047517 | 4054526 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2025-5529 Class CF, U.S. 30-Day Avg. SOFR Index + 1.05%, 5.406% 4/25/2055 (c)(d) | 3935844 | 3930234 |
| TOTAL UNITED STATES |  | 139751546 |
| <br> **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS**<br> (Cost $138,193,202) |  | <br> **139751546** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Commercial Mortgage Securities - 2.7%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 2.7%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 2.7%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 2.7%  |  |  |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2016-K052 Class A2, 3.151% 11/25/2025  | 12350729 | 12310232 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2016-K053 Class A2, 2.995% 12/25/2025  | 23341797 | 23241310 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2016-K054 Class A2, 2.745% 1/25/2026  | 1556658 | 1547894 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2016-K055 Class A2, 2.673% 3/25/2026  | 18462106 | 18323351 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2016-K056 Class A2, 2.525% 5/25/2026  | 45123978 | 44684687 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2016-K057 Class A2, 2.57% 7/25/2026  | 16563681 | 16380280 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2016-K058 Class A2, 2.653% 8/25/2026  | 22360000 | 22098106 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2016-K059 Class A2, 3.12% 9/25/2026 (c) | 2499163 | 2478125 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2016-K060 Class A2, 3.3% 10/25/2026  | 36420000 | 36164663 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2017-K061 Class A2, 3.347% 11/25/2026  | 61264203 | 60658007 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2017-K063 Class A2, 3.43% 1/25/2027  | 1800000 | 1788759 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2017-K065 Class A2, 3.243% 4/25/2027  | 19900000 | 19692045 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2019-K734 Class A2, 3.208% 2/25/2026  | 11086035 | 11039391 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2019-K735 Class A2, 2.862% 5/25/2026  | 12472274 | 12376151 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2019-K736 Class A2, 2.282% 7/25/2026  | 7727350 | 7628096 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2020-K737 Class A2, 2.525% 10/25/2026  | 30500000 | 30082897 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2020-K739 Class A2, 1.336% 9/25/2027  | 55663480 | 53322485 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2024-K523 Class AS, U.S. 30-Day Avg. SOFR Index + 0.55%, 4.9047% 4/25/2029 (c)(d) | 21181634 | 21216037 |
| Freddie Mac Multifamily Structured pass-thru certificates Series 2025-K544 Class AS, U.S. 30-Day Avg. SOFR Index + 0.53%, 4.8847% 6/25/2030 (c)(d) | 12500000 | 12499971 |
| TOTAL UNITED STATES |  | 407532487 |
| <br> **TOTAL COMMERCIAL MORTGAGE SECURITIES**<br> (Cost $405,722,127) |  | <br> **407532487** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 7.4%** | &nbsp;&nbsp;**Common Stocks - 7.4%** | &nbsp;&nbsp;**Common Stocks - 7.4%** |
|  | Shares | Value ($)<br>|
| CANADA - 0.1%  |  |  |
| Information Technology - 0.1% |  |  |
| IT Services - 0.1% |  |  |
| Shopify Inc Class A (i) | 103100 | 15317206 |
| CHINA - 0.2%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Automobiles - 0.2% |  |  |
| BYD Co Ltd H Shares  | 1989000 | 28113875 |
| FRANCE - 0.0%  |  |  |
| Consumer Discretionary - 0.0% |  |  |
| Textiles, Apparel & Luxury Goods - 0.0% |  |  |
| LVMH Moet Hennessy Louis Vuitton SE  | 4400 | 2688809 |
| HONG KONG - 0.0%  |  |  |
| Consumer Discretionary - 0.0% |  |  |
| Hotels, Restaurants & Leisure - 0.0% |  |  |
| Studio City International Holdings Ltd ADR (i) | 133400 | 520260 |
| Studio City International Holdings Ltd ADR (b)(i) | 121177 | 472590 |
| TOTAL HONG KONG |  | 992850 |
| LUXEMBOURG - 0.0%  |  |  |
| Materials - 0.0% |  |  |
| Metals & Mining - 0.0% |  |  |
| Algoma Steel Sca (g)(i) | 151792 | 2 |
| NETHERLANDS - 0.0%  |  |  |
| Information Technology - 0.0% |  |  |
| Semiconductors & Semiconductor Equipment - 0.0% |  |  |
| NXP Semiconductors NV  | 19800 | 4509054 |
| TAIWAN - 0.2%  |  |  |
| Information Technology - 0.2% |  |  |
| Semiconductors & Semiconductor Equipment - 0.2% |  |  |
| Taiwan Semiconductor Manufacturing Co Ltd ADR  | 118900 | 33207581 |
| UNITED STATES - 6.9%  |  |  |
| Communication Services - 0.8% |  |  |
| Interactive Media & Services - 0.6% |  |  |
| Alphabet Inc Class A  | 65400 | 15898740 |
| Meta Platforms Inc Class A  | 89200 | 65506696 |
| Pinterest Inc Class A (i) | 159447 | 5129410 |
|  |  | 86534846 |
| Media - 0.2% |  |  |
| EchoStar Corp (i)(j) | 205059 | 15658305 |
| EchoStar Corp Class A (i)(k) | 338100 | 25817316 |
| iHeartMedia Inc Class A (i) | 26 | 75 |
|  |  | 41475696 |
| TOTAL COMMUNICATION SERVICES |  | 128010542 |
| Consumer Discretionary - 0.6% |  |  |
| Automobile Components - 0.0% |  |  |
| UC Holdings Inc (g)(i) | 560355 | 6 |
| Broadline Retail - 0.1% |  |  |
| Amazon.com Inc (i) | 95100 | 20881107 |
| Hotels, Restaurants & Leisure - 0.3% |  |  |
| Airbnb Inc Class A (i) | 58500 | 7103070 |
| Booking Holdings Inc  | 2200 | 11878394 |
| Boyd Gaming Corp  | 123800 | 10702510 |
| New Cotai LLC / New Cotai Capital Corp (g)(i)(j) | 2242893 | 807441 |
|  |  | 30491415 |
| Household Durables - 0.1% |  |  |
| TopBuild Corp (i) | 58100 | 22708966 |
| Specialty Retail - 0.1% |  |  |
| Dick's Sporting Goods Inc  | 50200 | 11155444 |
| Williams-Sonoma Inc  | 48000 | 9381600 |
|  |  | 20537044 |
| TOTAL CONSUMER DISCRETIONARY |  | 94618538 |
| Consumer Staples - 0.1% |  |  |
| Beverages - 0.0% |  |  |
| Celsius Holdings Inc (i) | 104700 | 6019203 |
| Consumer Staples Distribution & Retail - 0.1% |  |  |
| Southeastern Grocers Inc rights (g)(i) | 584047 | 22883 |
| US Foods Holding Corp (i) | 85100 | 6520362 |
|  |  | 6543245 |
| TOTAL CONSUMER STAPLES |  | 12562448 |
| Energy - 0.3% |  |  |
| Energy Equipment & Services - 0.0% |  |  |
| Forbes Energy Services Ltd (g)(i) | 135187 | 1 |
| Superior Energy Services Inc Class A (g)(i) | 66115 | 3897479 |
|  |  | 3897480 |
| Oil, Gas & Consumable Fuels - 0.3% |  |  |
| California Resources Corp  | 10789 | 573759 |
| Canvas Energy Inc Series B warrants 10/1/2025 (g)(i) | 289 | 0 |
| Energy Transfer LP  | 360500 | 6186180 |
| EP Energy Corp (g)(i) | 611545 | 966241 |
| Expand Energy Corp  | 550 | 58432 |
| Expand Energy Corp warrants 2/9/2026 (i) | 1040 | 96919 |
| Mesquite Energy Inc (g)(i) | 185122 | 37685233 |
| Unit Corp  | 28630 | 858471 |
|  |  | 46425235 |
| TOTAL ENERGY |  | 50322715 |
| Financials - 0.9% |  |  |
| Capital Markets - 0.1% |  |  |
| Ares Management Corp Class A  | 41400 | 6619446 |
| Blue Owl Capital Inc Class A  | 313500 | 5307555 |
| Moody's Corp  | 14800 | 7051904 |
|  |  | 18978905 |
| Consumer Finance - 0.1% |  |  |
| OneMain Holdings Inc  | 299100 | 16887186 |
| Financial Services - 0.5% |  |  |
| Apollo Global Management Inc  | 189500 | 25254665 |
| Block Inc Class A (i) | 143100 | 10341837 |
| Carnelian Point Holdings LP warrants 6/30/2027 (g)(i) | 544 | 1588 |
| Mastercard Inc Class A  | 27600 | 15699156 |
| Visa Inc Class A  | 82700 | 28232126 |
|  |  | 79529372 |
| Insurance - 0.2% |  |  |
| Arthur J Gallagher & Co  | 81300 | 25181862 |
| TOTAL FINANCIALS |  | 140577325 |
| Health Care - 0.1% |  |  |
| Health Care Providers & Services - 0.1% |  |  |
| Cano Health LLC warrants (g)(i) | 4969 | 16646 |
| DaVita Inc (i) | 26200 | 3481194 |
| Tenet Healthcare Corp (i) | 36700 | 7451568 |
|  |  | 10949408 |
| Industrials - 1.6% |  |  |
| Building Products - 0.2% |  |  |
| Carlisle Cos Inc  | 13700 | 4506752 |
| Simpson Manufacturing Co Inc  | 35600 | 5961576 |
| Trane Technologies PLC  | 33500 | 14135660 |
|  |  | 24603988 |
| Construction & Engineering - 0.8% |  |  |
| Comfort Systems USA Inc  | 73100 | 60320658 |
| EMCOR Group Inc  | 45200 | 29359208 |
| IES Holdings Inc (i) | 26900 | 10696785 |
| WillScot Holdings Corp  | 267000 | 5636370 |
|  |  | 106013021 |
| Electrical Equipment - 0.5% |  |  |
| Eaton Corp PLC  | 60500 | 22642125 |
| NEXTracker Inc Class A (i) | 177900 | 13162821 |
| nVent Electric PLC  | 114000 | 11244960 |
| Vertiv Holdings Co Class A  | 187600 | 28301336 |
|  |  | 75351242 |
| Machinery - 0.1% |  |  |
| Deere & Co  | 6700 | 3063642 |
| Parker-Hannifin Corp  | 20300 | 15390445 |
|  |  | 18454087 |
| Passenger Airlines - 0.0% |  |  |
| Spirit Aviation Holdings Inc (k) | 150692 | 57263 |
| Spirit Aviation Holdings Inc  | 32618 | 12395 |
|  |  | 69658 |
| Trading Companies & Distributors - 0.0% |  |  |
| Penhall Acquisition Company (g)(i) | 15403 | 0 |
| TOTAL INDUSTRIALS |  | 224491996 |
| Information Technology - 1.8% |  |  |
| Communications Equipment - 0.1% |  |  |
| Arista Networks Inc  | 136800 | 19933128 |
| Electronic Equipment, Instruments & Components - 0.0% |  |  |
| Coherent Corp (i) | 56300 | 6064636 |
| IT Services - 0.0% |  |  |
| GTT Communications Inc (g)(i) | 51638 | 1952433 |
| Semiconductors & Semiconductor Equipment - 1.2% |  |  |
| KLA Corp  | 18700 | 20169820 |
| Marvell Technology Inc  | 86600 | 7280462 |
| Micron Technology Inc  | 48900 | 8181948 |
| NVIDIA Corp  | 626000 | 116799081 |
| ON Semiconductor Corp (i) | 247091 | 12184057 |
|  |  | 164615368 |
| Software - 0.5% |  |  |
| Adobe Inc (i) | 28564 | 10075951 |
| Autodesk Inc (i) | 21700 | 6893439 |
| Microsoft Corp  | 60500 | 31335975 |
| Monday.com Ltd (i) | 53900 | 10439891 |
| Salesforce Inc  | 37200 | 8816400 |
|  |  | 67561656 |
| TOTAL INFORMATION TECHNOLOGY |  | 260127221 |
| Materials - 0.2% |  |  |
| Chemicals - 0.0% |  |  |
| Chemours Co/The  | 293779 | 4653459 |
| Construction Materials - 0.2% |  |  |
| Eagle Materials Inc  | 48600 | 11325745 |
| James Hardie Industries PLC (i) | 389200 | 7476532 |
| Martin Marietta Materials Inc  | 10000 | 6302800 |
|  |  | 25105077 |
| Metals & Mining - 0.0% |  |  |
| Elah Holdings Inc (i) | 517 | 8699 |
| TOTAL MATERIALS |  | 29767235 |
| Utilities - 0.5% |  |  |
| Electric Utilities - 0.1% |  |  |
| Constellation Energy Corp  | 78800 | 25930716 |
| Portland General Electric Co  | 13962 | 614328 |
|  |  | 26545044 |
| Independent Power and Renewable Electricity Producers - 0.4% |  |  |
| PureWest Energy LLC (g)(i) | 10774 | 2422 |
| Vistra Corp  | 287300 | 56287816 |
|  |  | 56290238 |
| TOTAL UTILITIES |  | 82835282 |
| TOTAL UNITED STATES |  | 1034262710 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $625,948,404) |  | <br> **1119092087** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Convertible Corporate Bonds - 0.7%** | &nbsp;&nbsp;**Convertible Corporate Bonds - 0.7%** | &nbsp;&nbsp;**Convertible Corporate Bonds - 0.7%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.7%  |  |  |
| Communication Services - 0.3% |  |  |
| Media - 0.3% |  |  |
| EchoStar Corp 3.875% 11/30/2030 pay-in-kind  | 18687421 | 45971056 |
| Consumer Discretionary - 0.0% |  |  |
| Hotels, Restaurants & Leisure - 0.0% |  |  |
| New Cotai LLC 5% 2/24/2027 (g) | 3045193 | 3857650 |
| Financials - 0.0% |  |  |
| Capital Markets - 0.0% |  |  |
| Coinbase Global Inc 0.25% 4/1/2030  | 3680000 | 4620240 |
| Information Technology - 0.4% |  |  |
| Semiconductors & Semiconductor Equipment - 0.4% |  |  |
| Wolfspeed Inc 1.875% (g)(h) | 51247000 | 28283732 |
| Wolfspeed Inc 2.5% 6/15/2031  | 8359000 | 19885225 |
|  |  | 48168957 |
| TOTAL UNITED STATES |  | 102617903 |
| <br> **TOTAL CONVERTIBLE CORPORATE BONDS**<br> (Cost $65,689,371) |  | <br> **102617903** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Convertible Preferred Stocks - 0.4%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 0.4%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 0.4%** |
|  | Shares | Value ($)<br>|
| UNITED STATES - 0.4%  |  |  |
| Financials - 0.4% |  |  |
| Financial Services - 0.4% |  |  |
| Acrisure Holdings Inc Series A-2 (g)<br>(Cost $55,065,084)<br>| 2286756 | **59089775** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fixed-Income Funds - 23.2%** | &nbsp;&nbsp;**Fixed-Income Funds - 23.2%** | &nbsp;&nbsp;**Fixed-Income Funds - 23.2%** |
|  | Shares | Value ($)<br>|
| Fidelity Emerging Markets Debt Central Fund (l) | 281482114 | 2364449754 |
| Fidelity Floating Rate Central Fund (l) | 10077374 | 968838779 |
| iShares Broad USD High Yield Corporate Bond ETF  | 5013200 | 189398696 |
| <br> **TOTAL FIXED-INCOME FUNDS**<br> (Cost $3,765,118,956) |  | **3522687229** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 8.1%** | &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 8.1%** | &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 8.1%** | &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 8.1%** |
|  |  | Principal<br> Amount (a)<br>| Value ($)<br>|
| AUSTRALIA - 0.3%  |  |  |  |
| Australian Commonwealth 1% 12/21/2030 (m) | AUD | 1000000 | 575923 |
| Australian Commonwealth 3.5% 12/21/2034 (m) | AUD | 70000000 | 43697345 |
| TOTAL AUSTRALIA |  |  | 44273268 |
| CANADA - 0.5%  |  |  |  |
| Canadian Government 3.25% 6/1/2035  | CAD | 34000000 | 24559587 |
| Canadian Government 4.5% 2/1/2026  | CAD | 66060000 | 47781834 |
| TOTAL CANADA |  |  | 72341421 |
| GERMANY - 5.9%  |  |  |  |
| German Federal Republic 2.4% 10/19/2028 (m) | EUR | 25900000 | 30679012 |
| German Federal Republic 2.4% 4/18/2030 (m) | EUR | 207000000 | 244420903 |
| German Federal Republic 2.5% 10/11/2029 (m) | EUR | 143620000 | 170485338 |
| German Federal Republic 2.5% 2/15/2035 (m) | EUR | 74650000 | 86438357 |
| German Federal Republic 2.6% 8/15/2035 (m) | EUR | 60000000 | 69786471 |
| German Federal Republic 2.7% 9/17/2026 (m) | EUR | 236500000 | 279500953 |
| TOTAL GERMANY |  |  | 881311034 |
| JAPAN - 0.4%  |  |  |  |
| Japan Government 0.7% 12/20/2048  | JPY | 15500000000 | 67479528 |
| SINGAPORE - 0.1%  |  |  |  |
| Republic of Singapore 2.75% 3/1/2035  | SGD | 20000000 | 16608086 |
| SPAIN - 0.4%  |  |  |  |
| Spanish Kingdom 3.15% 4/30/2035 (b)(m) | EUR | 56024000 | 65520428 |
| SWITZERLAND - 0.3%  |  |  |  |
| Swiss Confederation 3.5% 4/8/2033 (m) | CHF | 30000000 | 47270021 |
| UNITED KINGDOM - 0.2%  |  |  |  |
| United Kingdom of Great Britain and Northern Ireland 0.125% 1/30/2026 (m) | GBP | 15130000 | 20134700 |
| United Kingdom of Great Britain and Northern Ireland 1.625% 10/22/2054 (m) | GBP | 16050000 | 9549899 |
| TOTAL UNITED KINGDOM |  |  | 29684599 |
| <br> **TOTAL FOREIGN GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS**<br> (Cost $1,187,234,137) |  |  | <br> **1224488385** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 22.1%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 22.1%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 22.1%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| AUSTRALIA - 0.3%  |  |  |
| Materials - 0.3% |  |  |
| Metals & Mining - 0.3% |  |  |
| Fortescue Treasury Pty Ltd 4.375% 4/1/2031 (b) | 4420000 | 4219940 |
| Fortescue Treasury Pty Ltd 4.5% 9/15/2027 (b) | 5450000 | 5425143 |
| Mineral Resources Ltd 7% 4/1/2031 (b) | 3585000 | 3627974 |
| Mineral Resources Ltd 8% 11/1/2027 (b) | 5070000 | 5167821 |
| Mineral Resources Ltd 8.125% 5/1/2027 (b) | 11295000 | 11294617 |
| Mineral Resources Ltd 8.5% 5/1/2030 (b) | 8767000 | 9118995 |
| Mineral Resources Ltd 9.25% 10/1/2028 (b) | 9448000 | 9899699 |
| TOTAL AUSTRALIA |  | 48754189 |
| BELGIUM - 0.1%  |  |  |
| Communication Services - 0.1% |  |  |
| Diversified Telecommunication Services - 0.1% |  |  |
| Telenet Finance Luxembourg Notes Sarl 5.5% 3/1/2028 (b) | 9200000 | 9146132 |
| BRAZIL - 0.0%  |  |  |
| Materials - 0.0% |  |  |
| Metals & Mining - 0.0% |  |  |
| ERO Copper Corp 6.5% 2/15/2030 (b) | 4180000 | 4155547 |
| CANADA - 1.0%  |  |  |
| Communication Services - 0.0% |  |  |
| Media - 0.0% |  |  |
| Videotron Ltd 5.125% 4/15/2027 (b) | 7325000 | 7325605 |
| Consumer Discretionary - 0.4% |  |  |
| Hotels, Restaurants & Leisure - 0.4% |  |  |
| 1011778 BC ULC / New Red Finance Inc 3.875% 1/15/2028 (b) | 5685000 | 5548836 |
| 1011778 BC ULC / New Red Finance Inc 4% 10/15/2030 (b) | 23490000 | 22137526 |
| 1011778 BC ULC / New Red Finance Inc 4.375% 1/15/2028 (b) | 6265000 | 6155867 |
| Ontario Gaming GTA LP/OTG Co-Issuer Inc 8% 8/1/2030 (b) | 5640000 | 5604294 |
|  |  | 39446523 |
| Household Durables - 0.0% |  |  |
| Brookfield Residential Properties Inc / Brookfield Residential US LLC 4.875% 2/15/2030 (b) | 4370000 | 4098361 |
| TOTAL CONSUMER DISCRETIONARY |  | 43544884 |
| Consumer Staples - 0.0% |  |  |
| Household Products - 0.0% |  |  |
| Kronos Acquisition Holdings Inc 8.25% 6/30/2031 (b) | 5190000 | 4023153 |
| Energy - 0.3% |  |  |
| Oil, Gas & Consumable Fuels - 0.3% |  |  |
| Parkland Corp 4.5% 10/1/2029 (b) | 4420000 | 4304559 |
| Parkland Corp 4.625% 5/1/2030 (b) | 5540000 | 5386335 |
| Parkland Corp 6.625% 8/15/2032 (b) | 2605000 | 2676799 |
| South Bow Canadian Infrastructure Holdings Ltd 7.5% 3/1/2055 (c) | 18544000 | 19691188 |
| Teine Energy Ltd 6.875% 4/15/2029 (b) | 4420000 | 4348634 |
|  |  | 36407515 |
| Industrials - 0.1% |  |  |
| Aerospace & Defense - 0.1% |  |  |
| Bombardier Inc 6% 2/15/2028 (b) | 2815000 | 2822116 |
| Bombardier Inc 7.125% 6/15/2026 (b) | 1458000 | 1454006 |
| Bombardier Inc 7.25% 7/1/2031 (b) | 2610000 | 2766684 |
| Bombardier Inc 7.875% 4/15/2027 (b) | 1197000 | 1202233 |
| Bombardier Inc 8.75% 11/15/2030 (b) | 4055000 | 4372880 |
|  |  | 12617919 |
| Machinery - 0.0% |  |  |
| ATS Corp 4.125% 12/15/2028 (b) | 4630000 | 4435982 |
| Passenger Airlines - 0.0% |  |  |
| Air Canada 3.875% 8/15/2026 (b) | 4230000 | 4191610 |
| TOTAL INDUSTRIALS |  | 21245511 |
| Information Technology - 0.1% |  |  |
| Software - 0.1% |  |  |
| Open Text Corp 6.9% 12/1/2027 (b) | 5000000 | 5202084 |
| Open Text Holdings Inc 4.125% 12/1/2031 (b) | 2490000 | 2302739 |
| Open Text Holdings Inc 4.125% 2/15/2030 (b) | 3220000 | 3050296 |
|  |  | 10555119 |
| Materials - 0.1% |  |  |
| Chemicals - 0.0% |  |  |
| NOVA Chemicals Corp 8.5% 11/15/2028 (b) | 3635000 | 3804053 |
| Containers & Packaging - 0.1% |  |  |
| Cascades Inc/Cascades USA Inc 5.375% 1/15/2028 (b) | 3310000 | 3283954 |
| Toucan FinCo Ltd/Toucan FinCo Can Inc/Toucan FinCo US LLC 9.5% 5/15/2030 (b) | 4165000 | 4094445 |
|  |  | 7378399 |
| Metals & Mining - 0.0% |  |  |
| Hudbay Minerals Inc 4.5% 4/1/2026 (b) | 3600000 | 3589105 |
| TOTAL MATERIALS |  | 14771557 |
| TOTAL CANADA |  | 137873344 |
| COLOMBIA - 0.0%  |  |  |
| Energy - 0.0% |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |
| Gran Tierra Energy Inc 9.5% 10/15/2029 (b) | 3310000 | 2788675 |
| FRANCE - 0.5%  |  |  |
| Communication Services - 0.5% |  |  |
| Diversified Telecommunication Services - 0.5% |  |  |
| Altice France SA 5.125% 1/15/2029 (b) | 1265000 | 1087900 |
| Altice France SA 5.125% 7/15/2029 (b) | 42745000 | 36504230 |
| Altice France SA 5.5% 1/15/2028 (b) | 9830000 | 8650400 |
| Altice France SA 5.5% 10/15/2029 (b) | 30015000 | 25961065 |
|  |  | 72203595 |
| Energy - 0.0% |  |  |
| Energy Equipment & Services - 0.0% |  |  |
| Vallourec SACA 7.5% 4/15/2032 (b) | 4725000 | 5034227 |
| TOTAL FRANCE |  | 77237822 |
| GUATEMALA - 0.0%  |  |  |
| Communication Services - 0.0% |  |  |
| Wireless Telecommunication Services - 0.0% |  |  |
| Millicom International Cellular SA 4.5% 4/27/2031 (b) | 1040000 | 979898 |
| HONG KONG - 0.0%  |  |  |
| Industrials - 0.0% |  |  |
| Marine Transportation - 0.0% |  |  |
| Seaspan Corp 5.5% 8/1/2029 (b) | 4240000 | 4087944 |
| INDIA - 0.0%  |  |  |
| Information Technology - 0.0% |  |  |
| IT Services - 0.0% |  |  |
| CA Magnum Holdings 5.375% 10/31/2026 (b) | 2230000 | 2219129 |
| ISRAEL - 0.0%  |  |  |
| Health Care - 0.0% |  |  |
| Pharmaceuticals - 0.0% |  |  |
| Teva Pharmaceutical Finance Netherlands III BV 4.75% 5/9/2027  | 1681000 | 1678648 |
| Teva Pharmaceutical Finance Netherlands III BV 5.125% 5/9/2029  | 2775000 | 2789743 |
| TOTAL ISRAEL |  | 4468391 |
| LUXEMBOURG - 0.2%  |  |  |
| Communication Services - 0.1% |  |  |
| Media - 0.1% |  |  |
| Altice Financing SA 5% 1/15/2028 (b) | 8025000 | 6239437 |
| Altice Financing SA 5.75% 8/15/2029 (b) | 11895000 | 8950988 |
|  |  | 15190425 |
| Information Technology - 0.1% |  |  |
| Software - 0.1% |  |  |
| ION Trading Technologies Sarl 5.75% 5/15/2028 (b) | 5780000 | 5672077 |
| ION Trading Technologies Sarl 9.5% 5/30/2029 (b) | 3900000 | 4105401 |
|  |  | 9777478 |
| Materials - 0.0% |  |  |
| Metals & Mining - 0.0% |  |  |
| Algoma Steel Sca 0% 12/31/2049 (g) | 1517920 | 0 |
| TOTAL LUXEMBOURG |  | 24967903 |
| MACAU - 0.0%  |  |  |
| Consumer Discretionary - 0.0% |  |  |
| Hotels, Restaurants & Leisure - 0.0% |  |  |
| Studio City Finance Ltd 5% 1/15/2029 (b) | 3255000 | 3137820 |
| MEXICO - 0.0%  |  |  |
| Energy - 0.0% |  |  |
| Energy Equipment & Services - 0.0% |  |  |
| Borr IHC Ltd / Borr Finance LLC 10% 11/15/2028 (b) | 3627744 | 3618675 |
| Borr IHC Ltd / Borr Finance LLC 10.375% 11/15/2030 (b) | 1260971 | 1262547 |
| TOTAL MEXICO |  | 4881222 |
| NETHERLANDS - 0.1%  |  |  |
| Communication Services - 0.1% |  |  |
| Media - 0.1% |  |  |
| VZ Secured Financing BV 5% 1/15/2032 (b) | 11130000 | 10069514 |
| Ziggo BV 4.875% 1/15/2030 (b) | 4805000 | 4535231 |
| TOTAL NETHERLANDS |  | 14604745 |
| NORWAY - 0.0%  |  |  |
| Energy - 0.0% |  |  |
| Energy Equipment & Services - 0.0% |  |  |
| Seadrill Finance Ltd 8.375% 8/1/2030 (b) | 5560000 | 5772748 |
| SPAIN - 0.0%  |  |  |
| Health Care - 0.0% |  |  |
| Biotechnology - 0.0% |  |  |
| Grifols SA 4.75% 10/15/2028 (b) | 2795000 | 2714957 |
| Utilities - 0.0% |  |  |
| Independent Power and Renewable Electricity Producers - 0.0% |  |  |
| Atlantica Sustainable Infrastructure Ltd 4.125% 6/15/2028 (b) | 3735000 | 3653962 |
| TOTAL SPAIN |  | 6368919 |
| SWITZERLAND - 0.0%  |  |  |
| Materials - 0.0% |  |  |
| Chemicals - 0.0% |  |  |
| Consolidated Energy Finance SA 12% 2/15/2031 (b) | 4240000 | 3879626 |
| TURKEY - 0.0%  |  |  |
| Materials - 0.0% |  |  |
| Metals & Mining - 0.0% |  |  |
| Eldorado Gold Corp 6.25% 9/1/2029 (b) | 4225000 | 4240907 |
| UNITED KINGDOM - 0.6%  |  |  |
| Communication Services - 0.1% |  |  |
| Wireless Telecommunication Services - 0.1% |  |  |
| Vmed O2 UK Financing I PLC 4.75% 7/15/2031 (b) | 9930000 | 9344117 |
| Consumer Discretionary - 0.1% |  |  |
| Automobile Components - 0.1% |  |  |
| Macquarie Airfinance Holdings Ltd 6.4% 3/26/2029 (b) | 1805000 | 1900876 |
| Macquarie Airfinance Holdings Ltd 6.5% 3/26/2031 (b) | 2760000 | 2956524 |
| Macquarie Airfinance Holdings Ltd 8.125% 3/30/2029 (b) | 4100000 | 4268167 |
|  |  | 9125567 |
| Energy - 0.4% |  |  |
| Oil, Gas & Consumable Fuels - 0.4% |  |  |
| EG Global Finance PLC 12% 11/30/2028 (b) | 54325000 | 59728002 |
| Health Care - 0.0% |  |  |
| Health Care Providers & Services - 0.0% |  |  |
| 180 Medical Inc 3.875% 10/15/2029 (b) | 2995000 | 2867102 |
| Industrials - 0.0% |  |  |
| Aerospace & Defense - 0.0% |  |  |
| Rolls-Royce PLC 5.75% 10/15/2027 (b) | 6560000 | 6738743 |
| TOTAL UNITED KINGDOM |  | 87803531 |
| UNITED STATES - 19.2%  |  |  |
| Communication Services - 1.7% |  |  |
| Diversified Telecommunication Services - 0.2% |  |  |
| Frontier Communications Holdings LLC 5% 5/1/2028 (b) | 11730000 | 11703618 |
| Frontier Communications Holdings LLC 5.875% 10/15/2027 (b) | 6300000 | 6296195 |
| Level 3 Financing Inc 7% 3/31/2034 (b) | 18025000 | 18336996 |
|  |  | 36336809 |
| Entertainment - 0.0% |  |  |
| ROBLOX Corp 3.875% 5/1/2030 (b) | 4175000 | 3982344 |
| Media - 1.5% |  |  |
| CSC Holdings LLC 3.375% 2/15/2031 (b) | 8065000 | 5201483 |
| CSC Holdings LLC 4.125% 12/1/2030 (b) | 10930000 | 7157565 |
| CSC Holdings LLC 4.5% 11/15/2031 (b) | 14965000 | 9731371 |
| DISH Network Corp 11.75% 11/15/2027 (b) | 27490000 | 29091485 |
| EchoStar Corp 10.75% 11/30/2029  | 68356699 | 75277815 |
| EchoStar Corp 6.75% 11/30/2030 pay-in-kind (c) | 21074568 | 21726826 |
| Scripps Escrow II Inc 3.875% 1/15/2029 (b) | 1655000 | 1458027 |
| Sirius XM Radio LLC 3.875% 9/1/2031 (b) | 5645000 | 5115887 |
| Sirius XM Radio LLC 4% 7/15/2028 (b) | 4890000 | 4725081 |
| Sirius XM Radio LLC 5% 8/1/2027 (b) | 4610000 | 4587863 |
| Univision Communications Inc 4.5% 5/1/2029 (b) | 5760000 | 5432988 |
| Univision Communications Inc 7.375% 6/30/2030 (b) | 22095000 | 22200725 |
| Univision Communications Inc 8.5% 7/31/2031 (b) | 18175000 | 18768268 |
|  |  | 210475384 |
| TOTAL COMMUNICATION SERVICES |  | 250794537 |
| Consumer Discretionary - 2.4% |  |  |
| Automobile Components - 0.2% |  |  |
| Adient Global Holdings Ltd 7% 4/15/2028 (b) | 2805000 | 2874415 |
| Clarios Global LP / Clarios US Finance Co 6.75% 5/15/2028 (b) | 5595000 | 5718575 |
| Dana Inc 4.5% 2/15/2032  | 4150000 | 4086343 |
| Hertz Corp/The 12.625% 7/15/2029 (b) | 1245000 | 1319883 |
| Hertz Corp/The 5.5% (g)(h)(n) | 6540000 | 327000 |
| Hertz Corp/The 6% (g)(h)(n) | 5785000 | 867750 |
| Hertz Corp/The 6.25% (g)(h)(n) | 6775000 | 406500 |
| Hertz Corp/The 7.125% (g)(h)(n) | 6315000 | 1010400 |
| Nesco Holdings II Inc 5.5% 4/15/2029 (b) | 7155000 | 7007142 |
|  |  | 23618008 |
| Automobiles - 0.0% |  |  |
| Nissan Motor Acceptance Co LLC 2.45% 9/15/2028 (b) | 1635000 | 1500173 |
| Nissan Motor Acceptance Co LLC 5.55% 9/13/2029 (b) | 1845000 | 1836340 |
| Nissan Motor Acceptance Co LLC 7.05% 9/15/2028 (b) | 820000 | 853774 |
|  |  | 4190287 |
| Broadline Retail - 0.0% |  |  |
| ANGI Group LLC 3.875% 8/15/2028 (b) | 3385000 | 3181392 |
| Wayfair LLC 7.25% 10/31/2029 (b) | 5635000 | 5809914 |
|  |  | 8991306 |
| Distributors - 0.0% |  |  |
| Windsor Holdings III LLC 8.5% 6/15/2030 (b) | 2790000 | 2949334 |
| Diversified Consumer Services - 0.1% |  |  |
| Adtalem Global Education Inc 5.5% 3/1/2028 (b) | 4235000 | 4220027 |
| Service Corp International/US 4% 5/15/2031  | 5750000 | 5421352 |
| TKC Holdings Inc 6.875% 5/15/2028 (b) | 9328000 | 9407903 |
|  |  | 19049282 |
| Hotels, Restaurants & Leisure - 1.2% |  |  |
| Bloomin' Brands Inc / OSI Restaurant Partners LLC 5.125% 4/15/2029 (b) | 2720000 | 2364896 |
| Boyd Gaming Corp 4.75% 6/15/2031 (b) | 7140000 | 6883004 |
| Carnival Corp 0% 3/31/2029 (b)(o) | 5400000 | 5400000 |
| Carnival Corp 4% 8/1/2028 (b) | 26560000 | 26180341 |
| Carnival Corp 5.875% 6/15/2031 (b) | 4135000 | 4237312 |
| Carnival Corp 7% 8/15/2029 (b) | 2830000 | 2977033 |
| Churchill Downs Inc 5.75% 4/1/2030 (b) | 6975000 | 6968711 |
| Churchill Downs Inc 6.75% 5/1/2031 (b) | 5595000 | 5734065 |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc 4.625% 1/15/2029 (b) | 11750000 | 11182922 |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc 6.75% 1/15/2030 (b) | 15885000 | 14907006 |
| Hilton Domestic Operating Co Inc 3.75% 5/1/2029 (b) | 3350000 | 3222682 |
| Hilton Domestic Operating Co Inc 4% 5/1/2031 (b) | 5020000 | 4750078 |
| Hilton Domestic Operating Co Inc 4.875% 1/15/2030  | 11025000 | 10963161 |
| Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp 4.875% 4/1/2027  | 5210000 | 5206453 |
| Jacobs Entertainment Inc 6.75% 2/15/2029 (b) | 3955000 | 3860911 |
| Light & Wonder International Inc 7.5% 9/1/2031 (b) | 2745000 | 2854685 |
| Lindblad Expeditions LLC 7% 9/15/2030 (b) | 3685000 | 3756084 |
| MGM Resorts International 4.75% 10/15/2028  | 6740000 | 6687472 |
| Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC 8.25% 4/15/2030 (b) | 7610000 | 7907094 |
| Neogen Food Safety Corp 8.625% 7/20/2030 (b) | 2545000 | 2661355 |
| Papa John's International Inc 3.875% 9/15/2029 (b) | 2555000 | 2441400 |
| Premier Entertainment Sub LLC / Premier Entertainment Finance Corp 5.625% 9/1/2029 (b) | 5095000 | 2751300 |
| Premier Entertainment Sub LLC / Premier Entertainment Finance Corp 5.875% 9/1/2031 (b) | 1015000 | 523297 |
| Royal Caribbean Cruises Ltd 5.375% 7/15/2027 (b) | 4165000 | 4201864 |
| Royal Caribbean Cruises Ltd 6.25% 3/15/2032 (b) | 5295000 | 5466658 |
| SeaWorld Parks & Entertainment Inc 5.25% 8/15/2029 (b) | 5630000 | 5536393 |
| Station Casinos LLC 4.625% 12/1/2031 (b) | 4155000 | 3919473 |
| VOC Escrow Ltd 5% 2/15/2028 (b) | 10470000 | 10441515 |
| Yum! Brands Inc 4.625% 1/31/2032  | 5905000 | 5737394 |
|  |  | 179724559 |
| Household Durables - 0.3% |  |  |
| Ashton Woods USA LLC / Ashton Woods Finance Co 4.625% 4/1/2030 (b) | 4105000 | 3886120 |
| LGI Homes Inc 8.75% 12/15/2028 (b) | 2680000 | 2813517 |
| Newell Brands Inc 6.375% 5/15/2030  | 2750000 | 2725141 |
| Newell Brands Inc 6.625% 9/15/2029  | 3020000 | 3037244 |
| Newell Brands Inc 8.5% 6/1/2028 (b) | 3470000 | 3670345 |
| Somnigroup International Inc 3.875% 10/15/2031 (b) | 7360000 | 6740823 |
| Somnigroup International Inc 4% 4/15/2029 (b) | 7905000 | 7586804 |
| TopBuild Corp 3.625% 3/15/2029 (b) | 3030000 | 2904888 |
| TopBuild Corp 5.625% 1/31/2034 (b) | 4055000 | 4040260 |
| Tri Pointe Homes Inc 5.7% 6/15/2028  | 8715000 | 8891095 |
|  |  | 46296237 |
| Specialty Retail - 0.5% |  |  |
| Asbury Automotive Group Inc 4.5% 3/1/2028  | 1987000 | 1962702 |
| Asbury Automotive Group Inc 4.625% 11/15/2029 (b) | 4555000 | 4420527 |
| Asbury Automotive Group Inc 4.75% 3/1/2030  | 1980000 | 1928361 |
| Asbury Automotive Group Inc 5% 2/15/2032 (b) | 4915000 | 4719542 |
| Bath & Body Works Inc 6.625% 10/1/2030 (b) | 6650000 | 6798275 |
| Bath & Body Works Inc 6.75% 7/1/2036  | 8920000 | 9179144 |
| Bath & Body Works Inc 7.5% 6/15/2029  | 5030000 | 5149764 |
| LBM Acquisition LLC 6.25% 1/15/2029 (b) | 8415000 | 7789133 |
| LBM Acquisition LLC 9.5% 6/15/2031 (b) | 11620000 | 12210514 |
| LCM Investments Holdings II LLC 8.25% 8/1/2031 (b) | 3345000 | 3537685 |
| Park River Holdings Inc 8% 3/15/2031 (b) | 2480000 | 2511432 |
| PetSmart LLC / PetSmart Finance Corp 7.5% 9/15/2032 (b) | 6770000 | 6780062 |
| Wand NewCo 3 Inc 7.625% 1/30/2032 (b) | 5325000 | 5610527 |
|  |  | 72597668 |
| Textiles, Apparel & Luxury Goods - 0.1% |  |  |
| Crocs Inc 4.125% 8/15/2031 (b) | 2820000 | 2583536 |
| Crocs Inc 4.25% 3/15/2029 (b) | 4325000 | 4144777 |
| Kontoor Brands Inc 4.125% 11/15/2029 (b) | 2420000 | 2292261 |
|  |  | 9020574 |
| TOTAL CONSUMER DISCRETIONARY |  | 366437255 |
| Consumer Staples - 1.0% |  |  |
| Beverages - 0.0% |  |  |
| Primo Water Holdings Inc / Triton Water Holdings Inc 6.25% 4/1/2029 (b) | 3135000 | 3132410 |
| Consumer Staples Distribution & Retail - 0.6% |  |  |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 3.5% 3/15/2029 (b) | 5285000 | 5008361 |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 4.625% 1/15/2027 (b) | 13797000 | 13710296 |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 4.875% 2/15/2030 (b) | 23423000 | 23007368 |
| C&S Group Enterprises LLC 5% 12/15/2028 (b) | 5155000 | 4663092 |
| KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc 9% 2/15/2029 (b) | 14850000 | 15624472 |
| Performance Food Group Inc 4.25% 8/1/2029 (b) | 3955000 | 3841834 |
| Performance Food Group Inc 5.5% 10/15/2027 (b) | 5345000 | 5331782 |
| US Foods Inc 7.25% 1/15/2032 (b) | 2735000 | 2863386 |
|  |  | 74050591 |
| Food Products - 0.4% |  |  |
| Chobani LLC / Chobani Finance Corp Inc 4.625% 11/15/2028 (b) | 3790000 | 3747671 |
| Darling Ingredients Inc 6% 6/15/2030 (b) | 6615000 | 6678246 |
| Fiesta Purchaser Inc 7.875% 3/1/2031 (b) | 5015000 | 5292495 |
| Fiesta Purchaser Inc 9.625% 9/15/2032 (b) | 3185000 | 3438501 |
| Lamb Weston Holdings Inc 4.125% 1/31/2030 (b) | 5575000 | 5353245 |
| Lamb Weston Holdings Inc 4.375% 1/31/2032 (b) | 2790000 | 2636889 |
| Post Holdings Inc 4.5% 9/15/2031 (b) | 12110000 | 11313758 |
| Post Holdings Inc 4.625% 4/15/2030 (b) | 6415000 | 6184140 |
| Post Holdings Inc 5.5% 12/15/2029 (b) | 11940000 | 11892338 |
| Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed 4.625% 3/1/2029 (b) | 4295000 | 4117481 |
|  |  | 60654764 |
| Household Products - 0.0% |  |  |
| Spectrum Brands Inc 3.875% 3/15/2031 (b) | 1025000 | 822563 |
| Personal Care Products - 0.0% |  |  |
| BellRing Brands Inc 7% 3/15/2030 (b) | 6925000 | 7151662 |
| TOTAL CONSUMER STAPLES |  | 145811990 |
| Energy - 2.9% |  |  |
| Energy Equipment & Services - 0.3% |  |  |
| Diamond Foreign Asset Co / Diamond Finance LLC 8.5% 10/1/2030 (b) | 2735000 | 2898341 |
| Nabors Industries Inc 9.125% 1/31/2030 (b) | 5390000 | 5605600 |
| Nabors Industries Ltd 7.5% 1/15/2028 (b) | 5660000 | 5655917 |
| Noble Finance II LLC 8% 4/15/2030 (b) | 2805000 | 2903341 |
| Nustar Logistics LP 6% 6/1/2026  | 7285000 | 7311474 |
| SESI LLC 0% 9/30/2030 (b) | 2700000 | 2699999 |
| Transocean International Ltd 0% 10/15/2032 (b)(o) | 1835000 | 1835000 |
| Transocean International Ltd 8% 2/1/2027 (b) | 3591000 | 3586007 |
| Transocean International Ltd 8.25% 5/15/2029 (b) | 1955000 | 1921830 |
| Transocean International Ltd 8.5% 5/15/2031 (b) | 1955000 | 1915960 |
| Transocean International Ltd 8.75% 2/15/2030 (b) | 8385000 | 8822454 |
| Transocean Titan Financing Ltd 8.375% 2/1/2028 (b) | 4707381 | 4823192 |
| Valaris Ltd 8.375% 4/30/2030 (b) | 2745000 | 2848883 |
|  |  | 52827998 |
| Oil, Gas & Consumable Fuels - 2.6% |  |  |
| Antero Midstream Partners LP / Antero Midstream Finance Corp 5.375% 6/15/2029 (b) | 4305000 | 4289221 |
| Antero Midstream Partners LP / Antero Midstream Finance Corp 5.75% 1/15/2028 (b) | 10640000 | 10619168 |
| California Resources Corp 8.25% 6/15/2029 (b) | 2595000 | 2706183 |
| Chesapeake Energy Corp 7% (g)(h) | 3985000 | 0 |
| Chesapeake Energy Corp 8% (g)(h) | 1955000 | 0 |
| Chesapeake Energy Corp 8% (g)(h) | 1240000 | 0 |
| CITGO Petroleum Corp 6.375% 6/15/2026 (b) | 4665000 | 4664736 |
| CITGO Petroleum Corp 8.375% 1/15/2029 (b) | 12030000 | 12501480 |
| Civitas Resources Inc 8.625% 11/1/2030 (b) | 5415000 | 5608123 |
| CNX Midstream Partners LP 4.75% 4/15/2030 (b) | 2970000 | 2848039 |
| CNX Resources Corp 6% 1/15/2029 (b) | 3200000 | 3201312 |
| CNX Resources Corp 7.375% 1/15/2031 (b) | 2885000 | 2974444 |
| Comstock Resources Inc 5.875% 1/15/2030 (b) | 15170000 | 14609551 |
| Comstock Resources Inc 6.75% 3/1/2029 (b) | 8110000 | 8096753 |
| CQP Holdco LP / BIP-V Chinook Holdco LLC 5.5% 6/15/2031 (b) | 12715000 | 12596805 |
| CQP Holdco LP / BIP-V Chinook Holdco LLC 7.5% 12/15/2033 (b) | 7110000 | 7715772 |
| CVR Energy Inc 5.75% 2/15/2028 (b) | 24505000 | 24128273 |
| CVR Energy Inc 8.5% 1/15/2029 (b) | 18735000 | 19148257 |
| DT Midstream Inc 4.125% 6/15/2029 (b) | 4285000 | 4180721 |
| DT Midstream Inc 4.375% 6/15/2031 (b) | 4285000 | 4141169 |
| Energy Transfer LP 5.5% 6/1/2027  | 12065000 | 12268097 |
| Expand Energy Corp 5.375% 3/15/2030  | 5630000 | 5724636 |
| Expand Energy Corp 5.875% 2/1/2029 (b) | 3115000 | 3126578 |
| Expand Energy Corp 6.75% 4/15/2029 (b) | 4415000 | 4461069 |
| Global Partners LP / GLP Finance Corp 7.125% 7/1/2033 (b) | 2395000 | 2454834 |
| Global Partners LP / GLP Finance Corp 8.25% 1/15/2032 (b) | 3315000 | 3496211 |
| Hess Midstream Operations LP 4.25% 2/15/2030 (b) | 4590000 | 4448801 |
| Hess Midstream Operations LP 5.125% 6/15/2028 (b) | 6600000 | 6592544 |
| Hess Midstream Operations LP 5.5% 10/15/2030 (b) | 2775000 | 2795063 |
| HF Sinclair Corp 5% 2/1/2028  | 4350000 | 4359271 |
| Hilcorp Energy I LP / Hilcorp Finance Co 6.25% 11/1/2028 (b) | 7130000 | 7147583 |
| Kinetik Holdings LP 5.875% 6/15/2030 (b) | 4180000 | 4204311 |
| Moss Creek Resources Holdings Inc 8.25% 9/1/2031 (b) | 2605000 | 2552661 |
| Murphy Oil USA Inc 4.75% 9/15/2029  | 4155000 | 4097178 |
| Murphy Oil USA Inc 5.625% 5/1/2027  | 3665000 | 3666671 |
| NGPL PipeCo LLC 4.875% 8/15/2027 (b) | 1800000 | 1804383 |
| Northern Oil & Gas Inc 7.875% 10/15/2033 (b) | 4990000 | 4970256 |
| Northern Oil & Gas Inc 8.75% 6/15/2031 (b) | 5510000 | 5692353 |
| Occidental Petroleum Corp 7.2% 3/15/2029  | 2440000 | 2632931 |
| ONEOK Inc 6.5% 9/1/2030 (b) | 8635000 | 9278861 |
| PBF Holding Co LLC / PBF Finance Corp 6% 2/15/2028  | 15760000 | 15663151 |
| PBF Holding Co LLC / PBF Finance Corp 7.875% 9/15/2030 (b) | 11525000 | 11378851 |
| PBF Holding Co LLC / PBF Finance Corp 9.875% 3/15/2030 (b) | 6695000 | 7016775 |
| Permian Resources Operating LLC 5.875% 7/1/2029 (b) | 4055000 | 4044863 |
| SM Energy Co 6.625% 1/15/2027  | 12830000 | 12825714 |
| SM Energy Co 6.75% 9/15/2026  | 3175000 | 3173915 |
| Sunoco LP / Sunoco Finance Corp 4.5% 4/30/2030  | 5550000 | 5343801 |
| Sunoco LP / Sunoco Finance Corp 4.5% 5/15/2029  | 5515000 | 5380118 |
| Sunoco LP / Sunoco Finance Corp 7% 9/15/2028 (b) | 2735000 | 2819656 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp 5.5% 1/15/2028 (b) | 280000 | 278576 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp 6% 3/1/2027 (b) | 2815000 | 2814339 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp 6% 9/1/2031 (b) | 5355000 | 5239451 |
| Talos Production Inc 9% 2/1/2029 (b) | 2345000 | 2424796 |
| Talos Production Inc 9.375% 2/1/2031 (b) | 2660000 | 2770459 |
| Targa Resources Partners LP / Targa Resources Partners Finance Corp 4.875% 2/1/2031  | 6345000 | 6363532 |
| Unit Corp 0% 12/1/2029 (Escrow) (g) | 1660000 | 0 |
| Venture Global Calcasieu 3.875% 8/15/2029 (b) | 3525000 | 3378133 |
| Venture Global Calcasieu 4.125% 8/15/2031 (b) | 3525000 | 3327064 |
| Venture Global Plaquemines LNG LLC 6.5% 1/15/2034 (b) | 13790000 | 14516146 |
| Venture Global Plaquemines LNG LLC 6.75% 1/15/2036 (b) | 13790000 | 14647422 |
| Venture Global Plaquemines LNG LLC 7.5% 5/1/2033 (b) | 6025000 | 6657685 |
| Venture Global Plaquemines LNG LLC 7.75% 5/1/2035 (b) | 6155000 | 6947199 |
|  |  | 376815945 |
| TOTAL ENERGY |  | 429643943 |
| Financials - 2.3% |  |  |
| Capital Markets - 0.2% |  |  |
| Broadstreet Partners Group LLC 5.875% 4/15/2029 (b) | 7265000 | 7243841 |
| Coinbase Global Inc 3.375% 10/1/2028 (b) | 13780000 | 13078641 |
| Coinbase Global Inc 3.625% 10/1/2031 (b) | 8370000 | 7469177 |
| Hightower Holding LLC 6.75% 4/15/2029 (b) | 2870000 | 2831619 |
| Jane Street Group / JSG Finance Inc 4.5% 11/15/2029 (b) | 3985000 | 3890277 |
| MSCI Inc 4% 11/15/2029 (b) | 1920000 | 1875839 |
|  |  | 36389394 |
| Consumer Finance - 0.7% |  |  |
| Ally Financial Inc 8% 11/1/2031  | 51348000 | 58535161 |
| Ally Financial Inc 8% 11/1/2031  | 16761000 | 19066367 |
| OneMain Finance Corp 4% 9/15/2030  | 3340000 | 3104718 |
| OneMain Finance Corp 5.375% 11/15/2029  | 5560000 | 5496965 |
| OneMain Finance Corp 6.625% 1/15/2028  | 4415000 | 4521119 |
| OneMain Finance Corp 7.125% 3/15/2026  | 11472000 | 11575684 |
| OneMain Finance Corp 7.875% 3/15/2030  | 2675000 | 2830564 |
|  |  | 105130578 |
| Financial Services - 0.5% |  |  |
| Block Inc 3.5% 6/1/2031  | 5745000 | 5346427 |
| Block Inc 5.625% 8/15/2030 (b) | 6055000 | 6134794 |
| Block Inc 6% 8/15/2033 (b) | 4785000 | 4900031 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 10% 11/15/2029 (b) | 10155000 | 10199861 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 4.375% 2/1/2029  | 6375000 | 5502961 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 5.25% 5/15/2027  | 18665000 | 18346691 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 6.25% 5/15/2026  | 1926000 | 1923723 |
| James Hardie International Finance DAC 5% 1/15/2028 (b) | 5270000 | 5233835 |
| MGIC Investment Corp 5.25% 8/15/2028  | 4725000 | 4715861 |
| NCR Atleos Corp 9.5% 4/1/2029 (b) | 4090000 | 4427515 |
| Shift4 Payments LLC / Shift4 Payments Finance Sub Inc 6.75% 8/15/2032 (b) | 2305000 | 2383119 |
|  |  | 69114818 |
| Insurance - 0.9% |  |  |
| Acrisure LLC / Acrisure Finance Inc 6% 8/1/2029 (b) | 4230000 | 4169795 |
| Acrisure LLC / Acrisure Finance Inc 6.75% 7/1/2032 (b) | 3145000 | 3238356 |
| Acrisure LLC / Acrisure Finance Inc 7.5% 11/6/2030 (b) | 2605000 | 2713759 |
| Acrisure LLC / Acrisure Finance Inc 8.25% 2/1/2029 (b) | 12510000 | 13056837 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 4.25% 10/15/2027 (b) | 6740000 | 6628096 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 5.875% 11/1/2029 (b) | 4180000 | 4158202 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 6.75% 10/15/2027 (b) | 19655000 | 19697337 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 6.75% 4/15/2028 (b) | 16406000 | 16696796 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 7% 1/15/2031 (b) | 4590000 | 4742518 |
| AmWINS Group Inc 4.875% 6/30/2029 (b) | 4105000 | 3989612 |
| HUB International Ltd 5.625% 12/1/2029 (b) | 16470000 | 16453436 |
| HUB International Ltd 7.25% 6/15/2030 (b) | 17925000 | 18694074 |
| HUB International Ltd 7.375% 1/31/2032 (b) | 6655000 | 6930111 |
| Panther Escrow Issuer LLC 7.125% 6/1/2031 (b) | 9115000 | 9480676 |
| USI Inc/NY 7.5% 1/15/2032 (b) | 3540000 | 3712321 |
|  |  | 134361926 |
| TOTAL FINANCIALS |  | 344996716 |
| Health Care - 1.3% |  |  |
| Health Care Equipment & Supplies - 0.1% |  |  |
| Avantor Funding Inc 3.875% 11/1/2029 (b) | 2790000 | 2653193 |
| Bausch + Lomb Corp 8.375% 10/1/2028 (b) | 5470000 | 5700766 |
| Hologic Inc 4.625% 2/1/2028 (b) | 2505000 | 2486334 |
|  |  | 10840293 |
| Health Care Providers & Services - 0.8% |  |  |
| CHS/Community Health Systems Inc 10.875% 1/15/2032 (b) | 8565000 | 9071166 |
| CHS/Community Health Systems Inc 4.75% 2/15/2031 (b) | 11430000 | 9884072 |
| CHS/Community Health Systems Inc 5.25% 5/15/2030 (b) | 8305000 | 7513070 |
| CHS/Community Health Systems Inc 6% 1/15/2029 (b) | 4940000 | 4794961 |
| CHS/Community Health Systems Inc 6.125% 4/1/2030 (b) | 7425000 | 5385607 |
| DaVita Inc 3.75% 2/15/2031 (b) | 2075000 | 1900489 |
| DaVita Inc 4.625% 6/1/2030 (b) | 15850000 | 15190464 |
| HAH Group Holding Co LLC 9.75% 10/1/2031 (b) | 3925000 | 3729058 |
| HealthEquity Inc 4.5% 10/1/2029 (b) | 2950000 | 2860394 |
| Molina Healthcare Inc 3.875% 11/15/2030 (b) | 6345000 | 5871572 |
| Molina Healthcare Inc 3.875% 5/15/2032 (b) | 5560000 | 5045294 |
| Molina Healthcare Inc 4.375% 6/15/2028 (b) | 4690000 | 4573893 |
| Tenet Healthcare Corp 5.125% 11/1/2027  | 10955000 | 10934895 |
| Tenet Healthcare Corp 6.125% 6/15/2030  | 13945000 | 14126829 |
| Tenet Healthcare Corp 6.25% 2/1/2027  | 20050000 | 20043379 |
| Tenet Healthcare Corp 6.75% 5/15/2031  | 2715000 | 2810782 |
|  |  | 123735925 |
| Health Care Technology - 0.0% |  |  |
| IQVIA Inc 5% 5/15/2027 (b) | 5660000 | 5644242 |
| Life Sciences Tools & Services - 0.1% |  |  |
| Charles River Laboratories International Inc 4% 3/15/2031 (b) | 6035000 | 5620766 |
| Charles River Laboratories International Inc 4.25% 5/1/2028 (b) | 2045000 | 2000117 |
|  |  | 7620883 |
| Pharmaceuticals - 0.3% |  |  |
| 1261229 BC Ltd 10% 4/15/2032 (b) | 29875000 | 30623430 |
| Organon & Co / Organon Foreign Debt Co-Issuer BV 4.125% 4/30/2028 (b) | 10200000 | 9854653 |
| Organon & Co / Organon Foreign Debt Co-Issuer BV 5.125% 4/30/2031 (b) | 8890000 | 7788075 |
|  |  | 48266158 |
| TOTAL HEALTH CARE |  | 196107501 |
| Industrials - 2.8% |  |  |
| Aerospace & Defense - 0.8% |  |  |
| ATI Inc 4.875% 10/1/2029  | 2795000 | 2747951 |
| ATI Inc 5.125% 10/1/2031  | 2480000 | 2440628 |
| ATI Inc 7.25% 8/15/2030  | 2745000 | 2881386 |
| BWX Technologies Inc 4.125% 6/30/2028 (b) | 6400000 | 6247158 |
| Moog Inc 4.25% 12/15/2027 (b) | 2025000 | 1994037 |
| TransDigm Inc 4.625% 1/15/2029  | 9290000 | 9103947 |
| TransDigm Inc 6.25% 1/31/2034 (b) | 2145000 | 2205959 |
| TransDigm Inc 6.375% 3/1/2029 (b) | 8150000 | 8313000 |
| TransDigm Inc 6.375% 5/31/2033 (b) | 15000000 | 15168644 |
| TransDigm Inc 6.625% 3/1/2032 (b) | 2650000 | 2728294 |
| TransDigm Inc 6.75% 1/31/2034 (b) | 8120000 | 8395747 |
| TransDigm Inc 6.75% 8/15/2028 (b) | 12760000 | 12999250 |
| TransDigm Inc 6.875% 12/15/2030 (b) | 21975000 | 22769068 |
| TransDigm Inc 7.125% 12/1/2031 (b) | 5390000 | 5622253 |
|  |  | 103617322 |
| Air Freight & Logistics - 0.0% |  |  |
| Rand Parent LLC 8.5% 2/15/2030 (b) | 6985000 | 7257869 |
| Building Products - 0.1% |  |  |
| Advanced Drainage Systems Inc 5% 9/30/2027 (b) | 1400000 | 1396480 |
| Advanced Drainage Systems Inc 6.375% 6/15/2030 (b) | 2780000 | 2829237 |
| Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC 6.75% 4/1/2032 (b) | 3920000 | 4026832 |
| MIWD Holdco II LLC / MIWD Finance Corp 5.5% 2/1/2030 (b) | 1865000 | 1816721 |
| Shea Homes LP / Shea Homes Funding Corp 4.75% 4/1/2029  | 4830000 | 4729149 |
|  |  | 14798419 |
| Commercial Services & Supplies - 1.1% |  |  |
| Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl 4.625% 6/1/2028 (b) | 3736000 | 3663384 |
| Artera Services LLC 8.5% 2/15/2031 (b) | 12380000 | 10939806 |
| Brand Industrial Services Inc 10.375% 8/1/2030 (b) | 20835000 | 20768597 |
| Brink's Co/The 4.625% 10/15/2027 (b) | 7200000 | 7129393 |
| Clean Harbors Inc 6.375% 2/1/2031 (b) | 2350000 | 2406480 |
| CoreCivic Inc 8.25% 4/15/2029  | 14760000 | 15593305 |
| GEO Group Inc/The 10.25% 4/15/2031  | 6505000 | 7157569 |
| GEO Group Inc/The 8.625% 4/15/2029  | 9115000 | 9650041 |
| GFL Environmental Inc 4% 8/1/2028 (b) | 4200000 | 4100378 |
| GFL Environmental Inc 4.75% 6/15/2029 (b) | 5705000 | 5626938 |
| GFL Environmental Inc 6.75% 1/15/2031 (b) | 3980000 | 4164754 |
| Madison IAQ LLC 4.125% 6/30/2028 (b) | 5345000 | 5216509 |
| Madison IAQ LLC 5.875% 6/30/2029 (b) | 4265000 | 4213394 |
| Neptune Bidco US Inc 9.29% 4/15/2029 (b) | 38005000 | 37149888 |
| Reworld Holding Corp 4.875% 12/1/2029 (b) | 9642000 | 9067990 |
| Williams Scotsman Inc 7.375% 10/1/2031 (b) | 2735000 | 2856275 |
|  |  | 149704701 |
| Construction & Engineering - 0.2% |  |  |
| Arcosa Inc 4.375% 4/15/2029 (b) | 4130000 | 4015954 |
| Pike Corp 5.5% 9/1/2028 (b) | 18325000 | 18264638 |
| Pike Corp 8.625% 1/31/2031 (b) | 6710000 | 7198132 |
|  |  | 29478724 |
| Electrical Equipment - 0.0% |  |  |
| Sensata Technologies BV 4% 4/15/2029 (b) | 5910000 | 5671664 |
| Ground Transportation - 0.1% |  |  |
| Uber Technologies Inc 4.5% 8/15/2029 (b) | 12675000 | 12639045 |
| XPO Inc 6.25% 6/1/2028 (b) | 2790000 | 2842963 |
| XPO Inc 7.125% 2/1/2032 (b) | 4015000 | 4216686 |
|  |  | 19698694 |
| Machinery - 0.1% |  |  |
| Allison Transmission Inc 5.875% 6/1/2029 (b) | 4830000 | 4870195 |
| Beach Acquisition Bidco LLC 10% 7/15/2033 pay-in-kind (b)(c) | 8280000 | 8931321 |
| Chart Industries Inc 7.5% 1/1/2030 (b) | 7420000 | 7722254 |
|  |  | 21523770 |
| Passenger Airlines - 0.4% |  |  |
| Allegiant Travel Co 7.25% 8/15/2027 (b) | 4365000 | 4419268 |
| American Airlines Inc 7.25% 2/15/2028 (b) | 9260000 | 9486453 |
| American Airlines Inc 8.5% 5/15/2029 (b) | 8875000 | 9257983 |
| American Airlines Inc/AAdvantage Loyalty IP Ltd 5.75% 4/20/2029 (b) | 13870000 | 13923058 |
| United Airlines Inc 4.375% 4/15/2026 (b) | 14560000 | 14537638 |
| United Airlines Inc 4.625% 4/15/2029 (b) | 8725000 | 8591409 |
|  |  | 60215809 |
| Professional Services - 0.0% |  |  |
| TriNet Group Inc 3.5% 3/1/2029 (b) | 4545000 | 4251091 |
| Trading Companies & Distributors - 0.0% |  |  |
| Foundation Building Materials Inc 6% 3/1/2029 (b) | 3110000 | 3152331 |
| FTAI Aviation Investors LLC 7.875% 12/1/2030 (b) | 4040000 | 4293094 |
|  |  | 7445425 |
| TOTAL INDUSTRIALS |  | 423663488 |
| Information Technology - 1.4% |  |  |
| Electronic Equipment, Instruments & Components - 0.1% |  |  |
| Coherent Corp 5% 12/15/2029 (b) | 4370000 | 4309711 |
| CPI CG Inc 10% 7/15/2029 (b) | 2413000 | 2530057 |
| Lightning Power LLC 7.25% 8/15/2032 (b) | 5130000 | 5431214 |
| TTM Technologies Inc 4% 3/1/2029 (b) | 4540000 | 4364896 |
|  |  | 16635878 |
| IT Services - 0.4% |  |  |
| Acuris Finance US Inc / Acuris Finance SARL 5% 5/1/2028 (b) | 4315000 | 4193645 |
| ASGN Inc 4.625% 5/15/2028 (b) | 5670000 | 5565762 |
| CoreWeave Inc 9% 2/1/2031 (b) | 11410000 | 11693869 |
| CoreWeave Inc 9.25% 6/1/2030 (b) | 20545000 | 21218753 |
| Go Daddy Operating Co LLC / GD Finance Co Inc 3.5% 3/1/2029 (b) | 6060000 | 5741708 |
| Go Daddy Operating Co LLC / GD Finance Co Inc 5.25% 12/1/2027 (b) | 5665000 | 5654991 |
| Sabre GLBL Inc 11.125% 7/15/2030 (b) | 13975000 | 13534089 |
|  |  | 67602817 |
| Semiconductors & Semiconductor Equipment - 0.1% |  |  |
| ON Semiconductor Corp 3.875% 9/1/2028 (b) | 6765000 | 6565511 |
| Synaptics Inc 4% 6/15/2029 (b) | 3500000 | 3348983 |
| Wolfspeed Inc 9.875% 6/23/2030 pay-in-kind (b)(c) | 2849963 | 2992461 |
|  |  | 12906955 |
| Software - 0.7% |  |  |
| Cloud Software Group Inc 6.5% 3/31/2029 (b) | 31025000 | 31304855 |
| Elastic NV 4.125% 7/15/2029 (b) | 11340000 | 10885305 |
| Fair Isaac Corp 4% 6/15/2028 (b) | 6420000 | 6243731 |
| NCR Voyix Corp 5% 10/1/2028 (b) | 3385000 | 3334421 |
| PTC Inc 4% 2/15/2028 (b) | 3715000 | 3637165 |
| UKG Inc 6.875% 2/1/2031 (b) | 3980000 | 4106703 |
| X.AI LLC / X.AI Co Issuer Corp 12.5% 6/30/2030  | 38195000 | 40055020 |
|  |  | 99567200 |
| Technology Hardware, Storage & Peripherals - 0.1% |  |  |
| Seagate Data Storage Technology Pte Ltd 8.25% 12/15/2029 (b) | 9200000 | 9739138 |
| Seagate Data Storage Technology Pte Ltd 8.5% 7/15/2031 (b) | 5975000 | 6325464 |
|  |  | 16064602 |
| TOTAL INFORMATION TECHNOLOGY |  | 212777452 |
| Materials - 1.3% |  |  |
| Chemicals - 0.5% |  |  |
| Ingevity Corp 3.875% 11/1/2028 (b) | 6715000 | 6451965 |
| LSB Industries Inc 6.25% 10/15/2028 (b) | 9723000 | 9591469 |
| Olympus Water US Holding Corp 4.25% 10/1/2028 (b) | 7070000 | 6798788 |
| Olympus Water US Holding Corp 7.125% 10/1/2027 (b) | 3445000 | 3506140 |
| Olympus Water US Holding Corp 7.25% 2/15/2033 (b)(o) | 13505000 | 13519066 |
| Olympus Water US Holding Corp 9.75% 11/15/2028 (b) | 13941000 | 14631080 |
| Scih Salt Hldgs Inc 4.875% 5/1/2028 (b) | 3770000 | 3684075 |
| SCIL IV LLC / SCIL USA Holdings LLC 5.375% 11/1/2026 (b) | 6435000 | 6429810 |
| Scotts Miracle-Gro Co/The 4% 4/1/2031  | 5930000 | 5472442 |
| WR Grace Holdings LLC 7.375% 3/1/2031 (b) | 2810000 | 2865663 |
|  |  | 72950498 |
| Construction Materials - 0.0% |  |  |
| Smyrna Ready Mix Concrete LLC 8.875% 11/15/2031 (b) | 10810000 | 11414740 |
| Containers & Packaging - 0.5% |  |  |
| Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC 3.25% 9/1/2028 (b) | 3025000 | 2874010 |
| Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC 4% 9/1/2029 (b) | 6050000 | 5597707 |
| Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC 6% 6/15/2027 (b) | 2785000 | 2784427 |
| Clydesdale Acquisition Holdings Inc 8.75% 4/15/2030 (b) | 21190000 | 21767279 |
| Crown Cork & Seal Co Inc 7.375% 12/15/2026  | 16535000 | 17051009 |
| Crown Cork & Seal Co Inc 7.5% 12/15/2096  | 7695000 | 7848900 |
| Graham Packaging Co Inc 7.125% 8/15/2028 (b) | 3720000 | 3726610 |
| Graphic Packaging International LLC 3.75% 2/1/2030 (b) | 3585000 | 3351031 |
| Mauser Packaging Solutions Holding Co 7.875% 4/15/2027 (b) | 2815000 | 2842595 |
| Sealed Air Corp/Sealed Air Corp US 6.125% 2/1/2028 (b) | 2815000 | 2853881 |
| Trident TPI Holdings Inc 12.75% 12/31/2028 (b) | 2765000 | 2948178 |
|  |  | 73645627 |
| Metals & Mining - 0.3% |  |  |
| Alcoa Nederland Holding BV 4.125% 3/31/2029 (b) | 7735000 | 7479709 |
| Alcoa Nederland Holding BV 7.125% 3/15/2031 (b) | 2135000 | 2244273 |
| Arsenal AIC Parent LLC 8% 10/1/2030 (b) | 3285000 | 3478148 |
| Cleveland-Cliffs Inc 4.625% 3/1/2029 (b) | 4615000 | 4446360 |
| Cleveland-Cliffs Inc 4.875% 3/1/2031 (b) | 4615000 | 4308564 |
| Cleveland-Cliffs Inc 7.5% 9/15/2031 (b) | 9035000 | 9312701 |
| Compass Minerals International Inc 6.75% 12/1/2027 (b) | 2795000 | 2797644 |
| Kaiser Aluminum Corp 4.625% 3/1/2028 (b) | 6615000 | 6540923 |
| Roller Bearing Co of America Inc 4.375% 10/15/2029 (b) | 2015000 | 1957059 |
|  |  | 42565381 |
| TOTAL MATERIALS |  | 200576246 |
| Real Estate - 1.0% |  |  |
| Diversified REITs - 0.3% |  |  |
| Iron Mountain Information Management Services Inc 5% 7/15/2032 (b) | 4190000 | 4037236 |
| Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC 6% 1/15/2030 (b) | 3390000 | 3069325 |
| Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC 10.5% 2/15/2028 (b) | 841000 | 885741 |
| Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC 4.75% 4/15/2028 (b) | 9350000 | 9156078 |
| Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC 6.5% 2/15/2029 (b) | 5660000 | 5315505 |
| Vici Properties LP / Vici Note Co Inc 3.875% 2/15/2029 (b) | 6695000 | 6536588 |
| Vici Properties LP / Vici Note Co Inc 4.25% 12/1/2026 (b) | 12650000 | 12601657 |
| Vici Properties LP / Vici Note Co Inc 4.625% 12/1/2029 (b) | 7220000 | 7148888 |
|  |  | 48751018 |
| Health Care REITs - 0.3% |  |  |
| MPT Operating Partnership LP / MPT Finance Corp 3.5% 3/15/2031  | 6700000 | 4926188 |
| MPT Operating Partnership LP / MPT Finance Corp 4.625% 8/1/2029  | 10950000 | 9137986 |
| MPT Operating Partnership LP / MPT Finance Corp 5% 10/15/2027  | 21010000 | 20352969 |
| MPT Operating Partnership LP / MPT Finance Corp 8.5% 2/15/2032 (b) | 3890000 | 4133366 |
|  |  | 38550509 |
| Real Estate Management & Development - 0.1% |  |  |
| Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp 9.75% 4/15/2030 (b) | 5515000 | 6018702 |
| Greystar Real Estate Partners LLC 7.75% 9/1/2030 (b) | 2435000 | 2574062 |
| Taylor Morrison Communities Inc 5.125% 8/1/2030 (b) | 6480000 | 6459267 |
| Taylor Morrison Communities Inc 5.875% 6/15/2027 (b) | 5610000 | 5678010 |
| Weekley Homes LLC / Weekley Finance Corp 4.875% 9/15/2028 (b) | 3045000 | 2981409 |
|  |  | 23711450 |
| Specialized REITs - 0.3% |  |  |
| Iron Mountain Inc 4.875% 9/15/2029 (b) | 14590000 | 14363096 |
| Iron Mountain Inc 5% 7/15/2028 (b) | 6370000 | 6331673 |
| Iron Mountain Inc 5.25% 7/15/2030 (b) | 5915000 | 5849738 |
| Iron Mountain Inc 5.625% 7/15/2032 (b) | 5915000 | 5883426 |
| SBA Communications Corp 3.875% 2/15/2027  | 9720000 | 9573477 |
|  |  | 42001410 |
| TOTAL REAL ESTATE |  | 153014387 |
| Utilities - 1.1% |  |  |
| Electric Utilities - 0.9% |  |  |
| Clearway Energy Operating LLC 3.75% 1/15/2032 (b) | 2795000 | 2508900 |
| Clearway Energy Operating LLC 4.75% 3/15/2028 (b) | 4055000 | 4006076 |
| NRG Energy Inc 3.375% 2/15/2029 (b) | 3080000 | 2911579 |
| NRG Energy Inc 3.625% 2/15/2031 (b) | 6110000 | 5648845 |
| NRG Energy Inc 3.875% 2/15/2032 (b) | 582000 | 536337 |
| NRG Energy Inc 5.75% 1/15/2028  | 19350000 | 19391633 |
| NRG Energy Inc 5.75% 1/15/2034 (b)(o) | 5405000 | 5399483 |
| NRG Energy Inc 6% 1/15/2036 (b)(o) | 10805000 | 10806552 |
| Pacific Gas and Electric Co 3.95% 12/1/2047  | 2711000 | 2026063 |
| Pacific Gas and Electric Co 4% 12/1/2046  | 8299000 | 6256803 |
| Pacific Gas and Electric Co 4.3% 3/15/2045  | 3690000 | 2960447 |
| PG&E Corp 5% 7/1/2028  | 13615000 | 13488980 |
| PG&E Corp 5.25% 7/1/2030  | 5150000 | 5078647 |
| Vistra Operations Co LLC 4.375% 5/1/2029 (b) | 11110000 | 10877367 |
| Vistra Operations Co LLC 5% 7/31/2027 (b) | 13800000 | 13754332 |
| Vistra Operations Co LLC 5.5% 9/1/2026 (b) | 9975000 | 9967170 |
| Vistra Operations Co LLC 5.625% 2/15/2027 (b) | 17455000 | 17465328 |
| Vistra Operations Co LLC 7.75% 10/15/2031 (b) | 5470000 | 5788310 |
| XPLR Infrastructure Operating Partners LP 7.25% 1/15/2029 (b) | 2675000 | 2746486 |
|  |  | 141619338 |
| Gas Utilities - 0.2% |  |  |
| Southern Natural Gas Co LLC 7.35% 2/15/2031  | 14890000 | 16567684 |
| Southern Natural Gas Co LLC 8% 3/1/2032  | 9400000 | 10909348 |
| Suburban Propane Partners LP/Suburban Energy Finance Corp 5% 6/1/2031 (b) | 5750000 | 5471068 |
|  |  | 32948100 |
| Independent Power and Renewable Electricity Producers - 0.0% |  |  |
| Sunnova Energy Corp 11.75% (b)(h) | 8050000 | 20125 |
| Sunnova Energy Corp 5.875% (b)(h) | 1350000 | 3375 |
|  |  | 23500 |
| TOTAL UTILITIES |  | 174590938 |
| TOTAL UNITED STATES |  | 2898414453 |
| ZAMBIA - 0.1%  |  |  |
| Materials - 0.1% |  |  |
| Metals & Mining - 0.1% |  |  |
| First Quantum Minerals Ltd 7.25% 2/15/2034 (b) | 3580000 | 3701552 |
| First Quantum Minerals Ltd 8.625% 6/1/2031 (b) | 7775000 | 8166160 |
| First Quantum Minerals Ltd 9.375% 3/1/2029 (b) | 6235000 | 6595383 |
| TOTAL ZAMBIA |  | 18463095 |
| <br> **TOTAL NON-CONVERTIBLE CORPORATE BONDS**<br> (Cost $3,334,881,513) |  | <br> **3364246040** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Non-Convertible Preferred Stocks - 0.1%** | &nbsp;&nbsp;**Non-Convertible Preferred Stocks - 0.1%** | &nbsp;&nbsp;**Non-Convertible Preferred Stocks - 0.1%** |
|  | Shares | Value ($)<br>|
| UNITED STATES - 0.1%  |  |  |
| Energy - 0.0% |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |
| Summit Midstream Corp 3 month U.S. LIBOR + 7.43%, 12.2837% (c)(d) | 1711 | 2667393 |
| Information Technology - 0.1% |  |  |
| Software - 0.1% |  |  |
| Strategy Inc 10%  | 164720 | 15986076 |
| TOTAL UNITED STATES |  | 18653469 |
| <br> **TOTAL NON-CONVERTIBLE PREFERRED STOCKS**<br> (Cost $16,725,770) |  | <br> **18653469** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Preferred Securities - 1.1%** | &nbsp;&nbsp;**Preferred Securities - 1.1%** | &nbsp;&nbsp;**Preferred Securities - 1.1%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 1.1%  |  |  |
| Energy - 0.3% |  |  |
| Oil, Gas & Consumable Fuels - 0.3% |  |  |
| Energy Transfer LP 6.5% (c)(n) | 4690000 | 4822668 |
| Energy Transfer LP 6.625% (c)(n) | 20350000 | 20483238 |
| Energy Transfer LP Series G, 7.125% (c)(n) | 14083000 | 14931019 |
| Mesquite Energy Inc 7.25% (g)(h)(n) | 12834000 | 1283 |
|  |  | 40238208 |
| Financials - 0.7% |  |  |
| Banks - 0.6% |  |  |
| Bank of America Corp 5.875% (c)(n) | 60475000 | 61252271 |
| Bank of America Corp 6.25% (c)(n) | 8215000 | 8416274 |
| JPMorgan Chase & Co CME Term SOFR 3 month Index + 2.745%, 7.0356% (c)(d)(n) | 19100000 | 19505700 |
|  |  | 89174245 |
| Insurance - 0.1% |  |  |
| Alliant Holdings LP 10.5% (c)(g)(n) | 20631644 | 20888587 |
| TOTAL FINANCIALS |  | 110062832 |
| Utilities - 0.1% |  |  |
| Electric Utilities - 0.1% |  |  |
| Edison International 5% (c)(n) | 1105000 | 1049416 |
| Edison International 5.375% (c)(n) | 14352000 | 13968022 |
|  |  | 15017438 |
| TOTAL UNITED STATES |  | 165318478 |
| <br> **TOTAL PREFERRED SECURITIES**<br> (Cost $174,093,550) |  | <br> **165318478** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Government Agency - Mortgage Securities - 1.1%** | &nbsp;&nbsp;**U.S. Government Agency - Mortgage Securities - 1.1%** | &nbsp;&nbsp;**U.S. Government Agency - Mortgage Securities - 1.1%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 1.1%  |  |  |
| Fannie Mae 2% 2/1/2052  | 3030828 | 2492569 |
| Fannie Mae Mortgage pass-thru certificates 2% 11/1/2041 (r) | 3842100 | 3333773 |
| Fannie Mae Mortgage pass-thru certificates 2% 2/1/2028  | 519189 | 509335 |
| Fannie Mae Mortgage pass-thru certificates 2.5% 5/1/2042  | 371613 | 332325 |
| Fannie Mae Mortgage pass-thru certificates 2.5% 5/1/2042  | 147555 | 132015 |
| Fannie Mae Mortgage pass-thru certificates 3% 10/1/2040  | 3301556 | 3083297 |
| Fannie Mae Mortgage pass-thru certificates 3% 12/1/2051  | 162292 | 144323 |
| Fannie Mae Mortgage pass-thru certificates 3% 9/1/2041  | 1226239 | 1134062 |
| Fannie Mae Mortgage pass-thru certificates 5% 11/1/2052 (p) | 1105496 | 1109829 |
| Fannie Mae Mortgage pass-thru certificates 6% 11/1/2053 (p) | 826055 | 849904 |
| Fannie Mae Mortgage pass-thru certificates 6% 3/1/2054  | 278256 | 285131 |
| Fannie Mae Mortgage pass-thru certificates 6% 6/1/2053 (q) | 3741429 | 3872458 |
| Fannie Mae Mortgage pass-thru certificates 6% 6/1/2053 (q) | 2697381 | 2790160 |
| Fannie Mae Mortgage pass-thru certificates 6% 6/1/2055 (r) | 3186981 | 3314776 |
| Fannie Mae Mortgage pass-thru certificates 6% 8/1/2055  | 5831137 | 6044916 |
| Fannie Mae Mortgage pass-thru certificates 6% 9/1/2053  | 247272 | 255082 |
| Fannie Mae Mortgage pass-thru certificates 6.5% 1/1/2055 (p)(q) | 1929705 | 2031191 |
| Fannie Mae Mortgage pass-thru certificates 6.5% 3/1/2054 (p) | 614438 | 636191 |
| Freddie Mac Gold Pool 2.5% 11/1/2041  | 11485695 | 10302379 |
| Freddie Mac Gold Pool 2.5% 2/1/2042  | 2166427 | 1942111 |
| Freddie Mac Gold Pool 2.5% 5/1/2041 (s) | 4633708 | 4180578 |
| Freddie Mac Gold Pool 5.5% 9/1/2052 (p)(q) | 5342509 | 5447492 |
| Freddie Mac Gold Pool 6% 11/1/2053  | 165929 | 171169 |
| Freddie Mac Gold Pool 6% 2/1/2055  | 2680574 | 2785340 |
| Freddie Mac Gold Pool 6.5% 10/1/2053 (p) | 3074850 | 3218784 |
| Freddie Mac Gold Pool 6.5% 10/1/2053 (p) | 3058761 | 3203854 |
| Freddie Mac Non Gold Pool 6% 9/1/2053  | 304430 | 314044 |
| Freddie Mac Non Gold Pool 6.5% 1/1/2055 (q) | 3418157 | 3581900 |
| Ginnie Mae I Pool 2.5% 12/20/2051  | 4184183 | 3571193 |
| Ginnie Mae I Pool 2.5% 8/20/2051  | 3550644 | 3031578 |
| Ginnie Mae I Pool 2.5% 9/20/2051  | 3125466 | 2668557 |
| Ginnie Mae II Pool 2% 1/20/2051  | 9831027 | 8138642 |
| Ginnie Mae II Pool 2% 3/20/2052  | 2782335 | 2303798 |
| Ginnie Mae II Pool 2% 9/20/2050  | 1586017 | 1313484 |
| Ginnie Mae II Pool 5.5% 10/1/2055 (o) | 17600000 | 17730590 |
| Ginnie Mae II Pool 5.5% 11/1/2055 (o) | 4925000 | 4957888 |
| Ginnie Mae II Pool 5.5% 12/20/2054  | 958701 | 966377 |
| Ginnie Mae II Pool 6% 10/1/2055 (o) | 8900000 | 9052482 |
| Ginnie Mae II Pool 6% 11/1/2055 (o) | 4825000 | 4907289 |
| Uniform Mortgage Backed Securities 2.5% 10/1/2055 (o) | 32275000 | 27189168 |
| Uniform Mortgage Backed Securities 6% 10/1/2055 (o) | 15500000 | 15833008 |
| TOTAL UNITED STATES |  | 169163042 |
| <br> **TOTAL U.S. GOVERNMENT AGENCY - MORTGAGE SECURITIES**<br> (Cost $166,918,394) |  | <br> **169163042** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Government Agency Obligations - 0.0%** | &nbsp;&nbsp;**U.S. Government Agency Obligations - 0.0%** | &nbsp;&nbsp;**U.S. Government Agency Obligations - 0.0%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.0%  |  |  |
| Utilities - 0.0% |  |  |
| Independent Power and Renewable Electricity Producers - 0.0% |  |  |
| Tennessee Valley Authority 5.25% 9/15/2039  | 2106000 | 2228930 |
| Tennessee Valley Authority 5.375% 4/1/2056  | 3503000 | 3556527 |
| <br> **TOTAL U.S. GOVERNMENT AGENCY OBLIGATIONS**<br> (Cost $5,778,101) |  | <br> **5785457** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 20.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 20.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 20.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 20.3%** |
|  | Yield (%) (t) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 11/13/2025 (q) | 4.16 | 21240000 | 21138079 |
| US Treasury Bills 0% 11/6/2025 (q) | 4.18 | 6800000 | 6772647 |
| US Treasury Bonds 2% 8/15/2051  | 1.95 to 2.09 | 77934000 | 45658365 |
| US Treasury Bonds 2.25% 2/15/2052  | 2.15 to 2.99 | 90920000 | 56395261 |
| US Treasury Bonds 2.5% 2/15/2045  | 2.98 to 3.04 | 216056000 | 154758550 |
| US Treasury Bonds 3% 2/15/2049  | 3.00 to 3.10 | 107530000 | 80513088 |
| US Treasury Bonds 3% 5/15/2045  | 1.80 | 20100000 | 15641883 |
| US Treasury Bonds 3.625% 2/15/2053  | 3.80 to 3.85 | 84226000 | 69634503 |
| US Treasury Bonds 4.125% 8/15/2044  | 4.60 to 4.66 | 47820000 | 44386673 |
| US Treasury Bonds 4.125% 8/15/2053  | 4.48 to 4.80 | 16039000 | 14497126 |
| US Treasury Bonds 4.25% 8/15/2054  | 4.65 | 15760000 | 14548450 |
| US Treasury Bonds 4.375% 8/15/2043  | 5.10 to 5.28 | 49031000 | 47318745 |
| US Treasury Bonds 4.5% 11/15/2054  | 4.61 to 4.82 | 42730000 | 41142647 |
| US Treasury Bonds 4.5% 2/15/2044  | 4.58 | 12910000 | 12627089 |
| US Treasury Bonds 4.625% 11/15/2044  | 4.71 to 4.80 | 25050000 | 24817113 |
| US Treasury Bonds 4.625% 5/15/2054  | 4.02 to 4.49 | 24660000 | 24228450 |
| US Treasury Bonds 4.75% 2/15/2037  | 2.81 to 2.93 | 8200000 | 8609680 |
| US Treasury Bonds 5% 5/15/2045  | 4.87 | 17600000 | 18276500 |
| US Treasury Bonds 5.25% 2/15/2029  | 3.91 to 3.94 | 5406000 | 5688970 |
| US Treasury Bonds Inflation-Indexed 2.375% 2/15/2055  | 2.61 to 2.63 | 5722818 | 5592629 |
| US Treasury Notes 0.375% 1/31/2026  | 0.47 | 13900000 | 13734557 |
| US Treasury Notes 0.375% 12/31/2025  | 0.40 to 0.44 | 72767000 | 72111244 |
| US Treasury Notes 0.625% 7/31/2026  | 0.77 | 24000000 | 23385375 |
| US Treasury Notes 0.75% 3/31/2026  | 0.92 | 36802000 | 36243357 |
| US Treasury Notes 1% 7/31/2028  | 0.96 to 1.13 | 49141000 | 45687693 |
| US Treasury Notes 1.125% 10/31/2026  | 1.23 | 17300000 | 16827629 |
| US Treasury Notes 1.125% 8/31/2028  | 1.13 to 1.14 | 339517000 | 316161945 |
| US Treasury Notes 1.25% 12/31/2026  | 1.26 | 33922000 | 32913616 |
| US Treasury Notes 1.25% 9/30/2028  | 1.37 to 1.46 | 38280000 | 35705072 |
| US Treasury Notes 1.375% 10/31/2028  | 1.52 | 8911000 | 8326912 |
| US Treasury Notes 1.5% 1/31/2027  | 1.50 to 1.64 | 40989000 | 39829780 |
| US Treasury Notes 1.625% 9/30/2026  | 1.68 | 3093000 | 3030391 |
| US Treasury Notes 1.875% 2/28/2027  | 1.71 | 212560000 | 207320728 |
| US Treasury Notes 2.375% 3/31/2029  | 2.50 | 7500000 | 7186523 |
| US Treasury Notes 2.5% 2/28/2026  | 2.55 to 2.62 | 38997000 | 38770787 |
| US Treasury Notes 2.5% 3/31/2027  | 2.72 | 7200000 | 7078500 |
| US Treasury Notes 2.625% 5/31/2027  | 2.99 | 90000 | 88508 |
| US Treasury Notes 2.625% 7/31/2029  | 2.80 | 23875000 | 22977822 |
| US Treasury Notes 2.75% 5/31/2029  | 3.03 | 18541000 | 17957973 |
| US Treasury Notes 2.75% 7/31/2027  | 2.71 | 5670000 | 5581406 |
| US Treasury Notes 2.75% 8/15/2032  | 2.79 to 3.99 | 83642000 | 77757655 |
| US Treasury Notes 2.875% 5/15/2032  | 2.84 | 30472000 | 28648441 |
| US Treasury Notes 3.125% 11/15/2028  | 2.66 to 3.01 | 28930000 | 28489269 |
| US Treasury Notes 3.125% 8/31/2029  | 4.48 | 3948000 | 3867189 |
| US Treasury Notes 3.375% 5/15/2033  | 3.83 | 7260000 | 6973570 |
| US Treasury Notes 3.5% 1/31/2028  | 3.60 to 3.83 | 20540000 | 20485441 |
| US Treasury Notes 3.5% 2/15/2033  | 3.91 | 49310000 | 47871149 |
| US Treasury Notes 3.625% 3/31/2028  | 3.59 to 3.60 | 34500000 | 34509434 |
| US Treasury Notes 3.625% 3/31/2030  | 3.54 to 3.55 | 21930000 | 21840053 |
| US Treasury Notes 3.75% 4/15/2028  | 3.69 | 13570000 | 13611346 |
| US Treasury Notes 3.75% 5/15/2028  | 3.86 | 52610000 | 52776542 |
| US Treasury Notes 3.75% 5/31/2030  | 3.69 | 12660000 | 12668902 |
| US Treasury Notes 3.75% 8/31/2031  | 3.65 to 4.10 | 71020000 | 70698191 |
| US Treasury Notes 3.875% 11/30/2027  | 3.74 to 3.82 | 14110000 | 14184408 |
| US Treasury Notes 3.875% 12/31/2027  | 3.56 to 4.01 | 51100000 | 51378352 |
| US Treasury Notes 3.875% 5/31/2027  | 3.90 to 3.91 | 30000000 | 30104297 |
| US Treasury Notes 3.875% 8/15/2033  | 4.57 to 4.77 | 22052000 | 21869382 |
| US Treasury Notes 3.875% 8/15/2034  | 3.71 to 3.80 | 44930000 | 44243694 |
| US Treasury Notes 4% 1/15/2027  | 4.14 to 4.15 | 61280000 | 61509800 |
| US Treasury Notes 4% 1/31/2031  | 3.89 to 3.96 | 6420000 | 6486959 |
| US Treasury Notes 4% 10/31/2029  | 4.15 | 19300000 | 19517125 |
| US Treasury Notes 4% 7/31/2029  | 3.83 | 2580000 | 2608464 |
| US Treasury Notes 4% 7/31/2030  | 4.08 | 15390000 | 15563739 |
| US Treasury Notes 4% 7/31/2032  | 4.16 | 5030000 | 5053578 |
| US Treasury Notes 4.125% 10/31/2027  | 4.24 | 8800000 | 8889375 |
| US Treasury Notes 4.125% 10/31/2031  | 4.39 | 21800000 | 22118484 |
| US Treasury Notes 4.125% 11/15/2027  | 4.09 to 4.20 | 52510000 | 53045356 |
| US Treasury Notes 4.125% 2/15/2027  | 4.40 to 4.49 | 81250000 | 81719727 |
| US Treasury Notes 4.125% 3/31/2031  | 4.36 to 4.71 | 27900000 | 28351195 |
| US Treasury Notes 4.125% 3/31/2032  | 4.23 | 24070000 | 24389680 |
| US Treasury Notes 4.125% 7/31/2028  | 4.19 | 15000000 | 15199219 |
| US Treasury Notes 4.125% 8/31/2030  | 4.19 to 4.61 | 31870000 | 32404071 |
| US Treasury Notes 4.25% 1/15/2028  | 4.24 to 4.33 | 97240000 | 98565654 |
| US Treasury Notes 4.25% 11/15/2034  | 4.31 | 12425000 | 12565267 |
| US Treasury Notes 4.25% 11/30/2026  | 4.17 | 38210000 | 38435379 |
| US Treasury Notes 4.25% 2/15/2028  | 4.17 | 71440000 | 72460092 |
| US Treasury Notes 4.25% 2/28/2031  | 4.26 to 4.36 | 24300000 | 24846750 |
| US Treasury Notes 4.25% 6/30/2029  | 4.11 to 4.12 | 42740000 | 43591146 |
| US Treasury Notes 4.25% 8/15/2035  | 4.22 to 4.23 | 9400000 | 9476375 |
| US Treasury Notes 4.375% 11/30/2028  | 4.11 to 4.15 | 32510000 | 33212267 |
| US Treasury Notes 4.375% 11/30/2030  | 4.16 to 4.36 | 24163000 | 24845416 |
| US Treasury Notes 4.375% 5/15/2034  | 3.84 | 4680000 | 4788225 |
| US Treasury Notes 4.625% 9/30/2028  | 4.76 | 21630000 | 22238344 |
| US Treasury Notes 4.75% 2/15/2045  | 4.78 to 4.99 | 54530000 | 54870813 |
| US Treasury Notes 4.875% 10/31/2030  | 4.31 to 4.92 | 25780000 | 27098204 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $3,282,676,997) |  |  | **3088994285** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 7.3%** | &nbsp;&nbsp;**Money Market Funds - 7.3%** | &nbsp;&nbsp;**Money Market Funds - 7.3%** | &nbsp;&nbsp;**Money Market Funds - 7.3%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (u) | 4.21 | 1103646592 | 1103867321 |
| Fidelity Securities Lending Cash Central Fund (u)(v) | 4.19 | 10671995 | 10673062 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $1,114,504,595) |  |  | **1114540383** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Purchased Swaptions - 0.1%** | &nbsp;&nbsp;**Purchased Swaptions - 0.1%** | &nbsp;&nbsp;**Purchased Swaptions - 0.1%** | &nbsp;&nbsp;**Purchased Swaptions - 0.1%** |
|  | Expiration<br> Date | Notional<br> Amount  | Value ($) |
| Put Swaptions - 0.1% |  |  |  |
| Option on an interest rate swap with Bank of America NA to pay annually a fixed rate of 4.025% and receive annually a floating rate based on US SOFR Index, expiring April 2035 | 4/23/2030 | 18030000 | 578725 |
| Option on an interest rate swap with Bank of America NA to pay annually a fixed rate of 3.95% and receive annually a floating rate based on US SOFR Index, expiring May 2035 | 4/29/2030 | 12870000 | 429826 |
| Option on an interest rate swap with Bank of America NA to pay annually a fixed rate of 4.065% and receive annually a floating rate based on US SOFR Index, expiring May 2035 | 5/2/2030 | 16580000 | 524102 |
| Option on an interest rate swap with Bank of America NA to pay annually a fixed rate of 4.01% and receive annually a floating rate based on US SOFR Index, expiring May 2035 | 5/7/2030 | 22140000 | 721482 |
| Option on an interest rate swap with Bank of America NA to pay annually a fixed rate of 3.8% and receive annually a floating rate based on US SOFR Index, expiring August 2036 | 8/10/2026 | 5250000 | 117080 |
| Option on an interest rate swap with Bank of America NA to pay annually a fixed rate of 3.565% and receive annually a floating rate based on US SOFR Index, expiring September 2036 | 9/15/2026 | 23780000 | 798080 |
| Option on an interest rate swap with Citibank NA to pay annually a fixed rate of 3.855% and receive annually a floating rate based on US SOFR Index, expiring September 2035 | 9/12/2030 | 16810000 | 607994 |
| Option on an interest rate swap with Goldman Sachs Bank USA to pay annually a fixed rate of 3.9025% and receive annually a floating rate based on US SOFR Index, expiring April 2036 | 4/14/2026 | 28200000 | 357358 |
| Option on an interest rate swap with Morgan Stanley Capital Services LLC to pay annually a fixed rate of 3.853% and receive annually a floating rate based on US SOFR Index, expiring September 2035 | 9/16/2030 | 16900000 | 611675 |
| TOTAL PUT SWAPTIONS |  |  | 4746322 |
| Call Swaptions - 0.0% |  |  |  |
| Option on an interest rate swap with Bank of America NA to receive annually a fixed rate of 4.025% and pay annually a floating rate based on US SOFR Index, expiring April 2035 | 4/23/2030 | 18030000 | 651992 |
| Option on an interest rate swap with Bank of America NA to receive annually a fixed rate of 3.95% and pay annually a floating rate based on US SOFR Index, expiring May 2035 | 4/29/2030 | 12870000 | 443346 |
| Option on an interest rate swap with Bank of America NA to receive annually a fixed rate of 4.065% and pay annually a floating rate based on US SOFR Index, expiring May 2035 | 5/2/2030 | 16580000 | 614371 |
| Option on an interest rate swap with Bank of America NA to receive annually a fixed rate of 4.01% and pay annually a floating rate based on US SOFR Index, expiring May 2035 | 5/7/2030 | 22140000 | 793738 |
| Option on an interest rate swap with Bank of America NA to receive annually a fixed rate of 3.8% and pay annually a floating rate based on US SOFR Index, expiring August 2036 | 8/10/2026 | 5250000 | 158153 |
| Option on an interest rate swap with Bank of America NA to receive annually a fixed rate of 3.565% and pay annually a floating rate based on US SOFR Index, expiring September 2036 | 9/15/2026 | 23780000 | 508867 |
| Option on an interest rate swap with Citibank NA to receive annually a fixed rate of 3.855% and pay annually a floating rate based on US SOFR Index, expiring September 2035 | 9/12/2030 | 16810000 | 530220 |
| Option on an interest rate swap with Goldman Sachs Bank USA to receive annually a fixed rate of 3.9025% and pay annually a floating rate based on US SOFR Index, expiring April 2036 | 4/14/2026 | 28200000 | 883668 |
| Option on an interest rate swap with Morgan Stanley Capital Services LLC to receive annually a fixed rate of 3.853% and pay annually a floating rate based on US SOFR Index, expiring September 2035 | 9/16/2030 | 16900000 | 531892 |
| TOTAL CALL SWAPTIONS |  |  | 5116247 |
| **TOTAL PURCHASED SWAPTIONS**<br> (Cost $11,402,496) |  |  | <br> **9862569** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.4%**<br> (Cost $15,094,176,679)<br>| <br>**15249941317** |
| **NET OTHER ASSETS (LIABILITIES) - (0.4)%**  | **(58136935)** |
| **NET ASSETS - 100.0%** | **15191804382** |

---

---

| | | |
|:---|:---|:---|
| **TBA Sale Commitments**  | **TBA Sale Commitments**  | **TBA Sale Commitments**  |
|  | Principal<br> Amount (a) | Value ($) |
| U.S. Government Agency - Mortgage Securities |  |  |
| Ginnie Mae II Pool 5.5% 10/1/2055 | (4925000) | (4961543) |
| Ginnie Mae II Pool 6% 10/1/2055 | (4825000) | (4907666) |
| Uniform Mortgage Backed Securities 2.5% 10/1/2055 | (32275000) | (27189167) |
| Uniform Mortgage Backed Securities 2.5% 11/1/2055 | (32275000) | (27195473) |
| Uniform Mortgage Backed Securities 3% 10/1/2055 | (36600000) | (32146524) |
| Uniform Mortgage Backed Securities 6% 10/1/2055 | (13425000) | (13713428) |
| TOTAL U.S. GOVERNMENT AGENCY - MORTGAGE SECURITIES  |  | (110113801) |
| **TOTAL TBA SALE COMMITMENTS**<br> (Proceeds $109,816,968) |  | <br> **(110113801)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 9669 | 12/19/2025 | 1087611422 | 4925355 | 4925355 |
| CBOT 2Y US Treasury Notes Contracts (United States) | 1749 | 12/31/2025 | 364434211 | 184582 | 184582 |
| CBOT US Treasury Long Bond Contracts (United States) | 436 | 12/19/2025 | 50834875 | 1380420 | 1380420 |
| CBOT US Treasury Ultra Bond Contracts (United States) | 3785 | 12/19/2025 | 454554844 | 12153711 | 12153711 |
| TOTAL PURCHASED |  |  |  |  | 18644068 |
| Sold |  |  |  |  |  |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 5Y US Treasury Notes Contracts (United States) | 6 | 12/31/2025 | 655078 | 5055 | 5055 |
| CBOT US Treasury Ultra Bond Contracts (United States) | 9 | 12/19/2025 | 1080844 | (28987) | (28987) |
| TOTAL SOLD |  |  |  |  | (23932) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **18620136** |
| The notional amount of futures purchased as a percentage of Net Assets is 12.9% | The notional amount of futures purchased as a percentage of Net Assets is 12.9% | The notional amount of futures purchased as a percentage of Net Assets is 12.9% | The notional amount of futures purchased as a percentage of Net Assets is 12.9% | The notional amount of futures purchased as a percentage of Net Assets is 12.9% | The notional amount of futures purchased as a percentage of Net Assets is 12.9% |
| The notional amount of futures sold as a percentage of Net Assets is 0.0% | The notional amount of futures sold as a percentage of Net Assets is 0.0% | The notional amount of futures sold as a percentage of Net Assets is 0.0% | The notional amount of futures sold as a percentage of Net Assets is 0.0% | The notional amount of futures sold as a percentage of Net Assets is 0.0% | The notional amount of futures sold as a percentage of Net Assets is 0.0% |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** |
| Currency<br> Purchased | Currency<br> Purchased | Currency<br> Sold | Currency<br> Sold | Counterparty | Settlement<br> Date | Unrealized <br> Appreciation/<br> (Depreciation) ($)  |
| AUD | 84859000 | USD | 55952206 | Bank of America NA | 10/16/2025 | 211073 |
| AUD | 87267000 | USD | 57524338 | JPMorgan Chase Bank NA | 10/16/2025 | 232657 |
| EUR | 13054651 | USD | 15326291 | Canadian Imperial Bank of Commerce | 10/2/2025 | 522 |
| EUR | 2703000 | USD | 3184077 | Barclays Bank PLC | 10/16/2025 | (7738) |
| EUR | 3255000 | USD | 3817208 | Royal Bank of Canada | 10/16/2025 | 7796 |
| USD | 158526887 | AUD | 239830000 | Morgan Stanley | 10/16/2025 | (202760) |
| USD | 72127725 | CAD | 99768000 | JPMorgan Chase Bank NA | 10/16/2025 | 386845 |
| USD | 47533923 | CHF | 37732000 | JPMorgan Chase Bank NA | 10/16/2025 | 49241 |
| USD | 95017535 | EUR | 80604000 | BNP Paribas SA | 10/16/2025 | 298458 |
| USD | 16614736 | EUR | 14140000 | Canadian Imperial Bank of Commerce | 10/16/2025 | (1409) |
| USD | 854845392 | EUR | 729099000 | Morgan Stanley | 10/16/2025 | (1930753) |
| USD | 30384578 | GBP | 22449000 | Royal Bank of Canada | 10/16/2025 | 190435 |
| USD | 67764107 | JPY | 9952328000 | Canadian Imperial Bank of Commerce | 10/16/2025 | 357128 |
| USD | 16923879 | SGD | 21655000 | Brown Brothers Harriman & Co. | 10/16/2025 | 116454 |
| **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** |  | **(292051)** |
| Unrealized Appreciation | Unrealized Appreciation | Unrealized Appreciation |  |  |  | 1850609 |
| Unrealized Depreciation | Unrealized Depreciation | Unrealized Depreciation |  |  |  | (2142660) |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** |
| Payment Received | Payment<br> Frequency | Payment Paid | Payment<br> Frequency | Clearinghouse /<br> Counterparty(1) | Maturity<br> Date | Notional<br> Amount(3) | Value ($)<br>| Upfront<br> Premium<br> Received/<br> (Paid) ($)(2) | Unrealized <br> Appreciation/<br> (Depreciation) ($)<br>|
| U.S. SOFR Index | Annual | 3.5% | Annual | LCH | 12/17/2027 | 100410000 | 400207 | 0 | 400207 |
| U.S. SOFR Index | Annual | 3.5% | Annual | LCH | 12/17/2028 | 207679000 | 1160525 | 0 | 1160525 |
| U.S. SOFR Index | Annual | 3.75% | Annual | LCH | 12/17/2029 | 62061000 | 493494 | 0 | 493494 |
| U.S. SOFR Index | Annual | 3.75% | Annual | LCH | 12/17/2045 | 17503000 | 343011 | 0 | 343011 |
| **TOTAL INTEREST RATE SWAPS** |  |  |  |  |  |  | **2397237** | **0** | **2397237** |

---

(1)Swaps with LCH Clearnet Group (LCH) are centrally cleared swaps.

(2)Any premiums for centrally cleared swaps are recorded periodically throughout the term of the swap to variation margin and included in unrealized appreciation (depreciation).

(3)Notional amount is stated in U.S. Dollars unless otherwise noted.

**Currency Abbreviations**

---

| | | |
|:---|:---|:---|
| AUD | - | Australian Dollar |
| CAD | - | Canadian Dollar |
| CHF | - | Swiss Franc |
| EUR | - | European Monetary Unit (Euro) |
| GBP | - | British Pound Sterling |
| JPY | - | Japanese Yen |
| SGD | - | Singapore Dollar |
| USD | - | United States Dollar |

---

**Security Type Abbreviations**

ETF - EXCHANGE-TRADED FUND

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $2,735,540,977 or 18.0% of net assets.

(c) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

(d) Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.

(e) Remaining maturities of bank loan obligations may be less than the stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted with certainty.

(f) A coupon rate of 0% signifies an unsettled loan. The coupon rate will be determined upon settlement of the loan after period end.

(g) Level 3 security.

(h) Non-income producing - Security is in default.

(i) Non-income producing.

(j) Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $16,465,746 or 0.1% of net assets.

(k) Security or a portion of the security is on loan at period end.

(l) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, is available at fidelity.com and/or institutional.fidelity.com, as applicable. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(m) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $1,068,059,350 or 7.0% of net assets.

(n) Security is perpetual in nature with no stated maturity date.

(o) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(p) Security or a portion of the security was pledged to cover margin requirements for centrally cleared swaps. At period end, the value of securities pledged amounted to $8,816,008.

(q) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $42,748,196.

(r) Security or a portion of the security has been segregated as collateral for over the counter (OTC) derivatives. At period end, the value of securities pledged amounts to $1,517,155.

(s) Security or a portion of the security has been segregated as collateral for mortgage-backed or asset-backed securities purchased on a delayed delivery or when-issued basis. At period end, the value of securities pledged amounted to $440,952.

(t) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(u) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(v) Investment made with cash collateral received from securities on loan.

---

| | | |
|:---|:---|:---|
| Additional information on each restricted holding is as follows: | Additional information on each restricted holding is as follows: | Additional information on each restricted holding is as follows: |
| Security | Acquisition Date | Acquisition Cost ($)<br>|
| EchoStar Corp | 9/30/2024 | 5749854 |
| New Cotai LLC / New Cotai Capital Corp | 9/11/2020 | 11110731 |

---

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 954026081 | 2592850149 | 2443006427 | 31949827 | (2482) | - | 1103867321 | 1103646592 | 2.0% |
| Fidelity Emerging Markets Debt Central Fund | 2228069789 | 96885556 | 60011991 | 96885556 | (2118739) | 101625139 | 2364449754 | 281482114 | 100.0% |
| Fidelity Floating Rate Central Fund | 724534413 | 273635973 | 16795839 | 54071619 | (788353) | (11747415) | 968838779 | 10077374 | 48.9% |
| Fidelity Securities Lending Cash Central Fund | 4347769 | 547830968 | 541505675 | 10031 | - | - | 10673062 | 10671995 | 0.0% |
| Total | 3910978052 | 3511202646 | 3061319932 | 182917033 | (2909574) | 89877724 | 4447828916 |  |  |

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Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

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

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations, Bank Loan Obligations, Convertible Corporate Bonds, Foreign Government and Government Agency Obligations, Non-Convertible Corporate Bonds, Preferred Securities and U.S. Government Agency Obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. Asset-Backed Securities, Collateralized Mortgage Obligations, Commercial Mortgage Securities and U.S. Government Agency - Mortgage Securities are valued by pricing services who utilize matrix pricing which considers prepayment speed assumptions, attributes of the collateral, yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. For foreign debt securities, when significant market or security specific events arise, valuations may be determined in good faith in accordance with procedures adopted by the Board. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Swaps are marked-to-market daily based on valuations from third party pricing services, registered derivatives clearing organizations (clearinghouses) or broker-supplied valuations. These pricing sources may utilize inputs such as interest rate curves, credit spread curves, default possibilities and recovery rates. When independent prices are unavailable or unreliable, swaps may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Swaps are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) are valued at their last sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs and ETNs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs and ETNs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

The U.S. dollar value of forward foreign currency contracts is determined using currency exchange rates supplied by a pricing service and are categorized as Level 2 in the hierarchy.

Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.

Options traded over-the-counter are valued using service or broker-supplied valuations and are categorized as Level 2 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

**Derivative Instruments**

Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.

The Fund's use of derivatives increased or decreased its exposure to the following risk(s):

Foreign Exchange Risk - Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates.

Interest Rate Risk - Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates.

The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund.

Derivative counterparty credit risk is managed through formal evaluation of the creditworthiness of all potential counterparties. On certain OTC derivatives, the Fund attempts to reduce its exposure to counterparty credit risk by entering into an International Swaps and Derivatives Association, Inc. (ISDA) Master Agreement with each of its counterparties. The ISDA Master Agreement gives the Fund the right to terminate all transactions traded under such agreement upon the deterioration in the credit quality of the counterparty beyond specified levels. The ISDA Master Agreement gives each party the right, upon an event of default by the other party or a termination of the agreement, to close out all transactions traded under such agreement and to net the amounts owed under each transaction to one net payable by one party to the other. To mitigate counterparty credit risk on bi-lateral OTC derivatives, the Fund receives collateral in the form of cash or securities once the Fund's net unrealized appreciation on outstanding derivative contracts under an ISDA Master Agreement exceeds certain applicable thresholds, subject to certain minimum transfer provisions. The collateral received is held in segregated accounts with the Fund's custodian bank in accordance with the collateral agreements entered into between the Fund, the counterparty and the Fund's custodian bank. The Fund could experience delays and costs in gaining access to the collateral even though it is held by the Fund's custodian bank. The Fund's maximum risk of loss from counterparty credit risk related to bi-lateral OTC derivatives is generally the aggregate unrealized appreciation and unpaid counterparty payments in excess of any collateral pledged by the counterparty to the Fund. For OTC written options with upfront premiums received, the Fund is obligated to perform and therefore does not have counterparty risk. For OTC written options with premiums to be received at a future date, the maximum risk of loss from counterparty credit risk is the amount of the premium in excess of any collateral pledged by the counterparty. The Fund may be required to pledge collateral for the benefit of the counterparties on bi-lateral OTC derivatives in an amount not less than each counterparty's unrealized appreciation on outstanding derivative contracts, subject to certain minimum transfer provisions, and any such pledged collateral is identified in the Schedule of Investments. Exchange-traded contracts are not covered by the ISDA Master Agreement; however counterparty credit risk related to these contracts may be mitigated by the protection provided by the exchange on which they trade. Counterparty credit risk related to centrally cleared swaps may be mitigated by the protection provided by the clearinghouse.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

Forward Foreign Currency Contracts: Forward foreign currency contracts represent obligations to purchase or sell foreign currency on a specified future date at a price fixed at the time the contracts are entered into.

The Fund used forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to manage exposure to certain foreign currencies.

Open forward foreign currency contracts at period end are presented in the Schedule of Investments under the caption "Forward Foreign Currency Contracts." The contract amount and unrealized appreciation (depreciation) reflects each contract's exposure to the underlying currency at period end.

Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.

The Fund used futures contracts to manage its exposure to the bond market and fluctuations in interest rates.

Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.

Options: Options give the purchaser the right, but not the obligation, to buy (call) or sell (put) an underlying security or financial instrument at an agreed exercise or strike price between or on certain dates. Options obligate the seller (writer) to buy (put) or sell (call) an underlying instrument at the exercise or strike price or cash settle an underlying derivative instrument if the holder exercises the option on or before the expiration date.

The Fund used OTC options, such as swaptions, which are options where the underlying instrument is a swap, to manage its exposure to fluctuations in interest rates and/or potential credit events.

Open options at period end are presented in the Schedule of Investments under the captions "Purchased Options," "Purchased Swaptions," "Written Options" and "Written Swaptions." Writing puts and buying calls tend to increase exposure to the underlying instrument while buying puts and writing calls tend to decrease exposure to the underlying instrument. For purchased options, risk of loss is limited to the premium paid, and for written options, risk of loss is the change in value in excess of the premium received.

Swaps: A swap is a contract between two parties to exchange future cash flows at periodic intervals based on a notional principal amount.

A centrally cleared swap is a transaction executed between a fund and a dealer counterparty, then cleared by a futures commission merchant (FCM) through a clearinghouse. Once cleared, the clearinghouse serves as a central counterparty, with whom a fund exchanges cash flows for the life of the transaction, similar to transactions in futures contracts.

Interest Rate Swaps: Interest rate swaps are agreements between counterparties to exchange cash flows, one based on a fixed rate, and the other on a floating rate. The Fund entered into interest rate swaps to manage its exposure to interest rate changes. Changes in interest rates can have an effect on both the value of bond holdings as well as the amount of interest income earned. In general, the value of bonds can fall when interest rates rise and can rise when interest rates fall.

**Credit Risk**

The Fund's relatively large investment in countries with limited or developing capital markets may involve greater risks than investments in more developed markets and the prices of such investments may be volatile. The yields of emerging market debt obligations reflect, among other things, perceived credit risk. The consequences of political, social or economic changes in these markets may have disruptive effects on the market prices of the Fund's investments and the income they generate, as well as the Fund's ability to repatriate such amounts.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Advisor Series II

- **b. Investment Company Act file number:** 811-04707

- **c. CIK number of Registrant:** 0000795422

- **d. LEI of Registrant:** EIVUM2R16VT371T5KS40

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Advisor Strategic Income Fund

- **b. EDGAR series identifier (if any):** S000005152

- **c. LEI of Series:** QMGXKUUY2S4UZOBMIH60

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $15470134914.22

**Total Liabilities:** $332825084.71

**Net Assets:** $15137309829.51

**Delayed Delivery Securities:** $109241110.37

**Cash Not Reported:** $22976156.31

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 36665.81436795 | **1-Year:** 400868.95422312 | **5-Year:** 756644.56647524 | **10-Year:** 864908.32315406 | **30-Year:** 659675.69109794

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

- **3-Month:** 205136.83271678 | **1-Year:** 449612.40431426 | **5-Year:** 380027.60006516 | **10-Year:** 104225.66058283 | **30-Year:** 20518.21228309

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000014113 | 0.56%                | 1.08%                | 1.24%                |
| Class ID C000200078 | 0.67%                | 1.01%                | 1.33%                |
| Class ID C000014114 | 0.58%                | 1.09%                | 1.24%                |
| Class ID C000014112 | 0.59%                | 0.93%                | 1.17%                |
| Class ID C000204998 | 0.67%                | 1.01%                | 1.33%                |
| Class ID C000014110 | 0.65%                | 0.99%                | 1.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3318599.24              | $56703084.61                               |
| Month 2  | $16315375.83             | $80002446.73                               |
| Month 3  | $26865472.99             | $109391857.44                              |

**Designated Index Information**

- **Index Name:** Bloomberg US Universal Bond Index

- **Index Identifier:** 19807815

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SEAGATE DATA STORAGE TECHNOLOGY PTE LTD                                          | SEAGATE DATA STORAGE TECHNOLOGY PTE LTD 8.5% 07/15/2031 144A                                            | CUSIP: 81180LAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     5975000 | PA      | $6325463.63    | 0.04%             | 2031-07-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| BALBOA BAY LOAN FUNDING 2025-1 LTD                                               | BALBOA BAY LOAN FUNDING 2025-1A E LTD TSFR3M+575 07/20/2038 144A                                        | CUSIP: 05765KAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      321000 | PA      | $323092.92     | 0.00%             | 2038-07-20      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| UNIT CORP                                                                        | UNIT CORP                                                                                               | CUSIP: 909218406<br>LEI: 549300XGK22FZCTN8B67 | Long             | EC               | CORP              | US        |       28630 | NS      | $858470.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT SOFR30A+125 10/25/2054                                                   | CUSIP: 3137HJQ26<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     4811366 | PA      | $4825042.44    | 0.03%             | 2054-10-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| SOUTHERN NAT GAS CO LLC                                                          | SOUTHERN NAT GAS CO LLC 8% 03/01/2032                                                                   | CUSIP: 843452AZ6<br>LEI: 254900KDLS1X42SY7037 | Long             | DBT              | CORP              | US        |     9400000 | PA      | $10909348.41   | 0.07%             | 2032-03-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I LP/FIN CO                                                       | HILCORP ENERGY I LP/FIN CO 6.25% 11/01/2028 144A                                                        | CUSIP: 431318AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7130000 | PA      | $7147582.58    | 0.05%             | 2028-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL INC                                                             | BLUE OWL CAPITAL INC A                                                                                  | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      313500 | NS      | $5307555.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2019-K735 A2 2.862% 05/25/2026                                           | CUSIP: 3137FMU67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    12472274 | PA      | $12376151.40   | 0.08%             | 2026-05-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CELSIUS HOLDINGS INC                                                             | CELSIUS HOLDINGS INC                                                                                    | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      104700 | NS      | $6019203.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED ENERGY FINANCE SA                                                   | CONSOLIDATED ENERGY FINANCE SA 12% 02/15/2031 144A                                                      | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |     4240000 | PA      | $3879626.46    | 0.03%             | 2031-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| ARTERA SERVICES LLC                                                              | ARTERA SERVICES LLC 8.5% 02/15/2031 144A                                                                | CUSIP: 04302XAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |    12380000 | PA      | $10939806.13   | 0.07%             | 2031-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.995% 12/25/2025                                                        | CUSIP: 3137BN6G4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    23341797 | PA      | $23241310.21   | 0.15%             | 2025-12-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| C AND S GROUP ENTERPRISES LLC                                                    | C AND S GROUP ENTERPRISES LLC 5% 12/15/2028 144A                                                        | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5155000 | PA      | $4663092.37    | 0.03%             | 2028-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                             | UMBS 30YR 2.5% 11/01/2055 #TBA                                                                          | CUSIP: 01F0226B6<br>LEI: N/A                  | Short            | ABS-MBS          | USGA              | US        |   -32275000 | PA      | $-27195473.36  | -0.18%            | 2055-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAHAM PACKAGING CO INC                                                          | GRAHAM PACKAGING CO INC 7.125% 08/15/2028 144A                                                          | CUSIP: 384701AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3720000 | PA      | $3726610.44    | 0.02%             | 2028-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                                                    | COHERENT CORP                                                                                           | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |       56300 | NS      | $6064636.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP                                                                                      | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |      360500 | NS      | $6186180.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                             | UMBS 30YR 2.5% 10/01/2055 #TBA                                                                          | CUSIP: 01F0226A8<br>LEI: N/A                  | Short            | ABS-MBS          | USGA              | US        |   -32275000 | PA      | $-27189166.82  | -0.18%            | 2055-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                                               | CNX RESOURCES CORP 7.375% 01/15/2031 144A                                                               | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     2885000 | PA      | $2974443.66    | 0.02%             | 2031-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 1.5% 01/31/2027                                                                               | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    40989000 | PA      | $39829779.84   | 0.26%             | 2027-01-31      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE COR PORATION                                          | FHLM 30YR 6% 09/01/2053#RA9856                                                                          | CUSIP: 3133KR5R1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      304430 | PA      | $314044.67     | 0.00%             | 2053-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| 720 EAST CLO IV LTD                                                              | 720 EAST CLO IV LTD E TSFR3M+650 04/15/2037 144A                                                        | CUSIP: 81785DAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      538000 | PA      | $543376.23     | 0.00%             | 2037-04-15      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| ONEMAIN HLDGS INC                                                                | ONEMAIN HOLDINGS INC                                                                                    | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |      299100 | NS      | $16887186.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                                                                     | STRATEGY INC 9%/VAR PERP PFD                                                                            | CUSIP: 594972853<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |      164720 | NS      | $15986076.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AMWINS GROUP INC                                                                 | AMWINS GROUP INC 4.875% 06/30/2029 144A                                                                 | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |     4105000 | PA      | $3989611.73    | 0.03%             | 2029-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                                    | TOPBUILD CORP 3.625% 03/15/2029 144A                                                                    | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     3030000 | PA      | $2904888.15    | 0.02%             | 2029-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP REC 3.565 09/15/26                                                                            | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    23780000 | NC      | $508866.56     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 2.375% 03/31/2029                                                                             | CUSIP: 91282CEE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     7500000 | PA      | $7186523.40    | 0.05%             | 2029-03-31      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.375% 11/30/2028                                                                             | CUSIP: 91282CJN2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    32510000 | PA      | $33212266.72   | 0.22%             | 2028-11-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALGOMA STEEL SCA                                                                 | ALGOMA STEEL SCA 0% 12/31/2049                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | LU        |     1517920 | PA      | $0.15          | 0.00%             | 2049-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| ALLIANT HOLDINGS, L.P.                                                           | ALLIANT HOLDINGS LP 10%/ 10.5% PIK PREF PERP                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    20631644 | PA      | $20864781.58   | 0.14%             |  |  |  | No            |                  3 | On Loan: No      |
| HERTZ CORP                                                                       | HERTZ CORP 5.5% PERP                                                                                    | CUSIP: N/A<br>LEI: 549300PD0C69OJ0NLB27       | Long             | DBT              | CORP              | US        |     6540000 | PA      | $327000.00     | 0.00%             | 2199-12-31      | Fixed         | 0.06%                 | No            |                  3 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.5% 11/25/2047                                                          | CUSIP: 3137H5J57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |      974329 | PA      | $883508.15     | 0.01%             | 2047-11-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | MINERAL RESOURCES LTD 7% 04/01/2031 144A                                                                | CUSIP: 603051AF0<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     3585000 | PA      | $3627974.47    | 0.02%             | 2031-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OPERATING LLC                                                    | CLEARWAY ENERGY OPER LLC 3.75% 01/15/2032 144A                                                          | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     2795000 | PA      | $2508900.17    | 0.02%             | 2032-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                              | UNITED AIRLINES INC 4.375% 04/15/2026 144A                                                              | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    14560000 | PA      | $14537637.44   | 0.10%             | 2026-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CHAPARRAL ENERGY INC                                                             | CANVAS ENERGY INC NEW SER B WT 10/01/25                                                                 | CUSIP: 15942R141<br>LEI: V5IUQSDP5WPR92NJWH73 | Long             | EC               | CORP              | US        |         289 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP                     | TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP 5.5% 01/15/2028 144A                       | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      280000 | PA      | $278575.56     | 0.00%             | 2028-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC / AADVANTAGE LOYALTY IP LTD                                | AMERICAN AIRLINES INC / AADVANTAGE LOYALTY IP LTD 5.75% 04/20/2029 144A                                 | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    13870000 | PA      | $13923057.88   | 0.09%             | 2029-04-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| 1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC                             | 1011778 BC ULC/NEW RED FIN INC 4.375% 01/15/2028 144A                                                   | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     6265000 | PA      | $6155867.46    | 0.04%             | 2028-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AADVANTAGE LOYALTY IP LTD                                                        | AMERICAN AIRLINES TERM B 1LN 5/28/2032                                                                  | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |      573562 | PA      | $575713.36     | 0.00%             | 2032-05-28      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                    | FHLG 20YR 2.5% 11/01/2041#SC0210                                                                        | CUSIP: 3132D9GT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    11485695 | PA      | $10302379.08   | 0.07%             | 2041-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESIDENTIAL PPTYS INC / BROOKFIELD RESIDENTIAL US CORP                | BROOKFIELD RESIDENTIAL PPTYS INC / US CORP 4.875% 02/15/2030 144A                                       | CUSIP: 11283YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     4370000 | PA      | $4098360.80    | 0.03%             | 2030-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DISCOVERY PURCHASER CORPORATION                                                  | ENVU TERM B 1LN 10/04/2029                                                                              | CUSIP: 25471NAC0<br>LEI: 2549001LSO1ZBIPA5D65 | Long             | LON              | CORP              | US        |    27052503 | PA      | $26894786.63   | 0.18%             | 2029-10-04      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| CANADA, GOVERNMENT OF                                                            | CANADA GOVERNMENT OF 4.5% 02/01/2026                                                                    | CUSIP: 135087R22<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    66060000 | PA      | $47781833.58   | 0.32%             | 2026-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                    | FHLG 30YR 6% 11/01/2053#RJ0189                                                                          | CUSIP: 3142GQF72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      165929 | PA      | $171169.45     | 0.00%             | 2053-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL 5%/VAR PERP                                                                        | CUSIP: 281020AT4<br>LEI: 549300I7ROF15MAEVP56 | Long             | EP               | CORP              | US        |     1105000 | PA      | $1046973.57    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GERMANY FEDERAL REPUBLIC OF                                                      | GERMANY FEDERAL REPUBLIC OF 2.5% 02/15/2035 REGS                                                        | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |    61650000 | PA      | $71385461.71   | 0.47%             | 2035-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                                                       | FANNIEMAE 30YR 2% 02/01/2052#FA0353                                                                     | CUSIP: 3140W0MB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     3030828 | PA      | $2492569.22    | 0.02%             | 2052-02-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US 10YR NOTE FUT (CBT)DEC25 TYZ5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |        9288 | NC      | $4931867.70    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ORION US FINCO                                                                   | OSTTRA TERM B 1LN 05/20/2032                                                                            | CUSIP: 68631KAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      590000 | PA      | $592950.00     | 0.00%             | 2032-05-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| AUSTRALIA, COMMONWEALTH OF                                                       | AUSTRALIA COMMONWEALTH OF 3.5% 12/21/2034 REGS                                                          | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |    70000000 | PA      | $43697344.56   | 0.29%             | 2034-12-21      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                                                        | PIKE CORP 5.5% 09/01/2028 144A                                                                          | CUSIP: 721283AA7<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |    18325000 | PA      | $18264637.45   | 0.12%             | 2028-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 6% 06/01/2055#CC0577                                                                          | CUSIP: 3140Y6UB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     3186981 | PA      | $3314775.84    | 0.02%             | 2055-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.525% 05/25/2026                                                        | CUSIP: 3137BQYS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    45123978 | PA      | $44684686.83   | 0.30%             | 2026-05-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ARES LOAN FUNDING VII LTD                                                        | ARES LOAN FUNDING VII LTD E TSFR3M+625 10/22/2037 144A                                                  | CUSIP: 04021BAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      498000 | PA      | $501699.64     | 0.00%             | 2037-10-22      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| ONTARIO GAMING GTA LP                                                            | ONE TORONTO GAMING TERM B 1LN 08/01/2030                                                                | CUSIP: N/A<br>LEI: 894500EC9KLZLOC3V025       | Long             | LON              | CORP              | CA        |     1474275 | PA      | $1436268.19    | 0.01%             | 2030-08-01      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                                        | UST BILLS 0% 11/06/2025                                                                                 | CUSIP: 912797QP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     6800000 | PA      | $6772647.00    | 0.04%             | 2025-11-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                                                   | CVR ENERGY INC 8.5% 01/15/2029 144A                                                                     | CUSIP: 12662PAF5<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    18735000 | PA      | $19148256.63   | 0.13%             | 2029-01-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| 180 MEDICAL INC                                                                  | 180 MEDICAL INC 3.875% 10/15/2029 144A                                                                  | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |     2995000 | PA      | $2867102.60    | 0.02%             | 2029-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                                                                         | ZIGGO BV 4.875% 01/15/2030 144A                                                                         | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |     4805000 | PA      | $4535231.88    | 0.03%             | 2030-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| X AI LLC                                                                         | X.AI TERM 1LN 06/28/2030                                                                                | CUSIP: 98402XAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    13800000 | PA      | $14275548.00   | 0.09%             | 2030-06-28      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.5% 02/15/2044                                                             | CUSIP: 912810TZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    12910000 | PA      | $12627089.49   | 0.08%             | 2044-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                              | UNITED AIRLINES TERM B 1LN 2/22/2031                                                                    | CUSIP: 90932RAP9<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |      987797 | PA      | $989446.22     | 0.01%             | 2031-02-22      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| STS OPERATING INC                                                                | SUNSOURCE TERM 1LN 03/25/2031                                                                           | CUSIP: 12508KAJ6<br>LEI: 549300HW5C2VGPZCHL57 | Long             | LON              | CORP              | US        |     2600400 | PA      | $2581989.17    | 0.02%             | 2031-03-25      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| ERO COPPER CORP                                                                  | ERO COPPER CORP 6.5% 02/15/2030 144A                                                                    | CUSIP: 296006AA7<br>LEI: 549300KL8A21SEIO8I47 | Long             | DBT              | CORP              | CA        |     4180000 | PA      | $4155547.00    | 0.03%             | 2030-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FLATIRON RR CLO 30 LTD                                                           | FLATIRON RR CLO 30 LTD E TSFR3M+525 04/15/2038 144A                                                     | CUSIP: 33882NAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      707000 | PA      | $713633.07     | 0.00%             | 2038-04-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                                                             | TTM TECHNOLOGIES INC 4% 03/01/2029 144A                                                                 | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |     4540000 | PA      | $4364896.29    | 0.03%             | 2029-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC/DE                                                                 | WOLFSPEED INC CONV 1.875% 12/01/2029                                                                    | CUSIP: 977852AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    51247000 | PA      | $28283731.77   | 0.19%             | 2029-12-01      | Fixed         | 0.02%                 | No            |                  3 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                                            | VENTURE GLOBAL PLAQUE 6.75% 01/15/2036 144A                                                             | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    13790000 | PA      | $14647420.83   | 0.10%             | 2036-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 3.625% 02/15/2053                                                           | CUSIP: 912810TN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    84226000 | PA      | $69634503.31   | 0.46%             | 2053-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING MATERIALS INC                                                | FOUNDATION BUILDING MATERIALS INC 6% 03/01/2029 144A                                                    | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |     3110000 | PA      | $3152331.08    | 0.02%             | 2029-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP PAY 4.065 05/02/30                                                                            | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    16580000 | NC      | $524102.09     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                                                                | GEO GROUP INC/THE 8.625% 04/15/2029                                                                     | CUSIP: 36162JAG1<br>LEI: 5493003VOR6NTY465495 | Long             | DBT              | CORP              | US        |     9115000 | PA      | $9650041.39    | 0.06%             | 2029-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | VISTRA OPERATIONS CO LLC 5.625% 02/15/2027 144A                                                         | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    17455000 | PA      | $17465328.30   | 0.12%             | 2027-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK NA NEW YORK NY                                               | FX Forward: USD/CHF settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: 7H6GLXDRUGQFU57RNE97       | N/A              | DFE              | CORP              | US        |           1 | NC      | $49240.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 6% 01/15/2036 144A                                                                       | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    10805000 | PA      | $10806551.92   | 0.07%             | 2036-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CO LLC                                                   | NISSAN MOTOR ACCEPTANCE CO LLC 7.05% 09/15/2028 144A                                                    | CUSIP: 65480CAF2<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |      820000 | PA      | $853774.04     | 0.01%             | 2028-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| X CORP                                                                           | X TERM 1LN 10/26/2029                                                                                   | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    64770000 | PA      | $64922857.20   | 0.43%             | 2029-10-26      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC        | ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC 3.25% 09/01/2028 144A         | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3025000 | PA      | $2874009.85    | 0.02%             | 2028-09-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP / SUNOCO FIN CORP                                                      | SUNOCO LP / SUNOCO FIN CORP 4.5% 05/15/2029                                                             | CUSIP: 86765LAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5515000 | PA      | $5380116.94    | 0.04%             | 2029-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAIN SYS INC DEL                                                       | ADVANCED DRAIN SYS INC DEL 5% 09/30/2027 144A                                                           | CUSIP: 00790RAA2<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |     1400000 | PA      | $1396480.82    | 0.01%             | 2027-09-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NAKED JUICE LLC                                                                  | TROPICANA TERM EXCH FLSO FL20 01/24/2029                                                                | CUSIP: 62984CAM5<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |      815138 | PA      | $612812.46     | 0.00%             | 2029-01-24      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| GERMANY FEDERAL REPUBLIC OF                                                      | GERMANY FEDERAL REPUBLIC OF 2.7% 09/17/2026 REGS                                                        | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |   236500000 | PA      | $279500953.14  | 1.85%             | 2026-09-17      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT SOFR30A+115 02/25/2055                                                   | CUSIP: 3137HJEZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     4047517 | PA      | $4054525.89    | 0.03%             | 2055-02-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| SOMNIGROUP INTERNATIONAL INC                                                     | SOMNIGROUP INTERNATIONAL INC 4% 04/15/2029 144A                                                         | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     7905000 | PA      | $7586803.99    | 0.05%             | 2029-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                              | SIRIUS XM RADIO INC 4% 07/15/2028 144A                                                                  | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     4890000 | PA      | $4725081.47    | 0.03%             | 2028-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                                                            | EG GLOBAL FINANCE PLC 12% 11/30/2028 144A                                                               | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    54325000 | PA      | $59728001.53   | 0.39%             | 2028-11-30      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                                             | WR GRACE HOLDING LLC 7.375% 03/01/2031 144A                                                             | CUSIP: 92943GAE1<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     2810000 | PA      | $2865663.29    | 0.02%             | 2031-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 2.25% 02/15/2052                                                            | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    90920000 | PA      | $56395261.16   | 0.37%             | 2052-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 20YR 2.5% 05/01/2042#RB0806                                                                        | CUSIP: 3133KT3P3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      147555 | PA      | $132016.12     | 0.00%             | 2042-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | CARNIVAL CORP 4% 08/01/2028 144A                                                                        | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    26560000 | PA      | $26180340.74   | 0.17%             | 2028-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                                                         | PREMIER ENTERTAINMENT SU 5.625% 09/01/2029 144A                                                         | CUSIP: 74052HAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5095000 | PA      | $2751300.00    | 0.02%             | 2029-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ALERA GROUP INTER HLDGS INC                                                      | ALERA TERM 1LN 05/31/2032                                                                               | CUSIP: 01451PAB2<br>LEI: 2549003D76KZAKICNX26 | Long             | LON              | CORP              | US        |     1685000 | PA      | $1690509.95    | 0.01%             | 2032-05-31      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC        | ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC 6% 06/15/2027 144A            | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2785000 | PA      | $2784427.40    | 0.02%             | 2027-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.75% 08/31/2031                                                                              | CUSIP: 91282CLJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    71020000 | PA      | $70698190.63   | 0.47%             | 2031-08-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV                               | ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV 5.125% 04/30/2031 144A                               | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8890000 | PA      | $7788075.52    | 0.05%             | 2031-04-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 0.625% 07/31/2026                                                                             | CUSIP: 91282CCP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    24000000 | PA      | $23385374.88   | 0.15%             | 2026-07-31      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 7.125% 03/15/2026                                                                  | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    11472000 | PA      | $11575683.94   | 0.08%             | 2026-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4% 01/31/2031                                                                                 | CUSIP: 91282CJX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     6420000 | PA      | $6486958.61    | 0.04%             | 2031-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERMANY FEDERAL REPUBLIC OF                                                      | GERMANY FEDERAL REPUBLIC OF 2.5% 10/11/2029 REGS                                                        | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |   143620000 | PA      | $170485338.18  | 1.13%             | 2029-10-11      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UC HOLDINGS INC                                                                  | UC HOLDINGS INC                                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      560355 | NS      | $5.60          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CHURCHILL DOWNS INC                                                              | CHURCHILL DOWNS INC 6.75% 05/01/2031 144A                                                               | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |     5595000 | PA      | $5734064.79    | 0.04%             | 2031-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.25% 06/30/2029                                                                              | CUSIP: 91282CKX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    42740000 | PA      | $43591145.73   | 0.29%             | 2029-06-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | AMAZON.COM INC                                                                                          | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       95100 | NS      | $20881107.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FIESTA PURCHASER INC                                                             | FIESTA PURCHASER INC 7.875% 03/01/2031 144A                                                             | CUSIP: 31659AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5015000 | PA      | $5292495.00    | 0.03%             | 2031-03-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| TEINE ENERGY LTD                                                                 | TEINE ENERGY LTD 6.875% 04/15/2029 144A                                                                 | CUSIP: 879068AB0<br>LEI: 5493002EE80G6ER7SM91 | Long             | DBT              | CORP              | CA        |     4420000 | PA      | $4348634.24    | 0.03%             | 2029-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | VISTRA OPERATIONS CO LLC 4.375% 05/01/2029 144A                                                         | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    11110000 | PA      | $10877366.60   | 0.07%             | 2029-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ACURIS FINANCE US INC                                                            | ION ANALYTICS TERM 1LN 02/16/2028                                                                       | CUSIP: 00510DAF1<br>LEI: 213800PHEXJH1L7ZN896 | Long             | LON              | CORP              | US        |      370441 | PA      | $370285.02     | 0.00%             | 2028-02-16      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                                                         | PREMIER ENTERTAINMENT SU 5.875% 09/01/2031 144A                                                         | CUSIP: 74052HAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1015000 | PA      | $523296.86     | 0.00%             | 2031-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 5.75% 01/15/2034 144A                                                                    | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     5405000 | PA      | $5399483.28    | 0.04%             | 2034-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CVR CHC LP                                                                       | CVR ENERGY TERM B 1LN 12/30/2027                                                                        | CUSIP: 12663SAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      865848 | PA      | $865848.07     | 0.01%             | 2027-12-30      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 1.125% 10/31/2026                                                                             | CUSIP: 91282CDG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    17300000 | PA      | $16827628.86   | 0.11%             | 2026-10-31      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                                            | VENTURE GLOBAL PLAQUE 7.5% 05/01/2033 144A                                                              | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     6025000 | PA      | $6657685.25    | 0.04%             | 2033-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT SOFR30A+53 06/25/2030                                                    | CUSIP: 3137HMCF5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    12500000 | PA      | $12499971.25   | 0.08%             | 2030-06-25      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.347% 11/25/2026                                                        | CUSIP: 3137BTUM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    61264203 | PA      | $60658005.74   | 0.40%             | 2026-11-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HLDGS INC                                                            | TRIDENT TPI HLDGS INC 12.75% 12/31/2028 144A                                                            | CUSIP: 89616RAC3<br>LEI: 549300CDIWH76BWR6804 | Long             | DBT              | CORP              | US        |     2765000 | PA      | $2948178.49    | 0.02%             | 2028-12-31      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING PARTNERS LP                                             | NEXTERA ENERGY OPERATING PARTNERS LP 7.25% 01/15/2029 144A                                              | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     2675000 | PA      | $2746486.70    | 0.02%             | 2029-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                                               | BAUSCH + LOMB CORP 8.375% 10/01/2028 144A                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |     5470000 | PA      | $5700765.63    | 0.04%             | 2028-10-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRETE LLC                                                    | SMYRNA READY MIX LLC 8.875% 11/15/2031 144A                                                             | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    10810000 | PA      | $11414741.02   | 0.08%             | 2031-11-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| PAPA JOHNS INTERNATIONAL INC                                                     | PAPA JOHNS INTERNATIONAL INC 3.875% 09/15/2029 144A                                                     | CUSIP: 698813AA0<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | DBT              | CORP              | US        |     2555000 | PA      | $2441400.00    | 0.02%             | 2029-09-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 6% 09/01/2053#CB7123                                                                          | CUSIP: 3140QS4H1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      247272 | PA      | $255081.65     | 0.00%             | 2053-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                                                 | CARLISLE COS INC                                                                                        | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |       13700 | NS      | $4506752.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                                                                   | MICROSOFT CORP                                                                                          | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       60500 | NS      | $31335975.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CORK and SEAL INC                                                          | CROWN CORK and SEAL INC 7.5% 12/15/2096                                                                 | CUSIP: 228255AJ4<br>LEI: 7HLDMDH0ZXNUH6PT7Z42 | Long             | DBT              | CORP              | US        |     7695000 | PA      | $7848900.00    | 0.05%             | 2096-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ARTERA SERVICES LLC                                                              | ARTERA SERVICES TERM 1LN 2/15/2031                                                                      | CUSIP: 73937UAL2<br>LEI: 549300J2G34D0WX8Z443 | Long             | LON              | CORP              | US        |     2733375 | PA      | $2434835.78    | 0.02%             | 2031-02-15      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| VALLOUREC SA                                                                     | VALLOUREC SA 7.5% 04/15/2032 144A                                                                       | CUSIP: 92023RAA8<br>LEI: 969500P2Q1B47H4MCJ34 | Long             | DBT              | CORP              | FR        |     4725000 | PA      | $5034227.63    | 0.03%             | 2032-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CASCADES INC/USA INC                                                             | CASCADES INC/USA INC 5.375% 01/15/2028 144A                                                             | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     3310000 | PA      | $3283953.94    | 0.02%             | 2028-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| M2S GROUP INTERMEDIATE HOLDINGS INC                                              | M2S GROUP TERM B 1LN 8/25/2031                                                                          | CUSIP: 55287CAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    11839618 | PA      | $11715301.66   | 0.08%             | 2031-08-25      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP 7.125%/VAR PERP                                                                      | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |    14083000 | PA      | $14551921.65   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| HUNTER DOUGLAS INC                                                               | HUNTER DOUGLAS TERM B 1LN 1/17/2032                                                                     | CUSIP: N/A<br>LEI: 529900811T142NS3H544       | Long             | LON              | CORP              | US        |     9339397 | PA      | $9339396.64    | 0.06%             | 2032-01-17      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORPORATION 5.875%/VAR PERP                                                             | CUSIP: 060505FL3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    60475000 | PA      | $61095231.60   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| FORTRESS TRANSN and INFRASTRUCTURE INVS LLC                                      | FORTRESS TRANSN and INFRASTRUCTURE INVS LLC 7.875% 12/01/2030 144A                                      | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     4040000 | PA      | $4293093.88    | 0.03%             | 2030-12-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| DANA INC                                                                         | DANA INC 4.5% 02/15/2032                                                                                | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     4150000 | PA      | $4086343.15    | 0.03%             | 2032-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DAVITA INC                                                                                              | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |       26200 | NS      | $3481194.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | MINERAL RESOURCES LTD 9.25% 10/01/2028 144A                                                             | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     9448000 | PA      | $9899699.43    | 0.07%             | 2028-10-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO LLC                                                      | BEACH ACQUISITION BIDCO LLC PIK VAR 07/15/2033 144A                                                     | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |     8280000 | PA      | $8931321.36    | 0.06%             | 2033-07-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.125% 08/31/2029                                                                             | CUSIP: 91282CFJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     3948000 | PA      | $3867189.38    | 0.03%             | 2029-08-31      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | IRON MTN INC 5.625% 07/15/2032 144A                                                                     | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     5915000 | PA      | $5883426.32    | 0.04%             | 2032-07-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.375% 05/31/2033 144A                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $15168643.95   | 0.10%             | 2033-05-31      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS LLC                                                     | FOCUS FINANCIAL TERM B8 1LN 09/15/2031                                                                  | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |    10396438 | PA      | $10397477.15   | 0.07%             | 2031-09-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 5.25% 02/15/2029                                                            | CUSIP: 912810FG8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     5406000 | PA      | $5688970.31    | 0.04%             | 2029-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.75% 05/31/2030                                                                              | CUSIP: 91282CHF1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    12660000 | PA      | $12668901.50   | 0.08%             | 2030-05-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                                     | US FOODS INC 7.25% 01/15/2032 144A                                                                      | CUSIP: 90290MAH4<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     2735000 | PA      | $2863386.37    | 0.02%             | 2032-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | VISA INC CL A                                                                                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       82700 | NS      | $28232126.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP 5.5% 06/01/2027                                                                      | CUSIP: 29273VAF7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    12065000 | PA      | $12268096.90   | 0.08%             | 2027-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | FX Forward: USD/GBP settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: ES7IP3U3RHIGC71XBU11       | N/A              | DFE              | CORP              | CA        |           1 | NC      | $190434.98     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.375% 11/30/2030                                                                             | CUSIP: 91282CJM4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    24163000 | PA      | $24845416.04   | 0.16%             | 2030-11-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                                                          | SBA COMMUNICATIONS CORP 3.875% 02/15/2027                                                               | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |     9720000 | PA      | $9573477.32    | 0.06%             | 2027-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA LLC / ASHTON WOODS FINANCE CO                                   | ASHTON WOODS USA LLC/FIN CO 4.625% 04/01/2030 144A                                                      | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4105000 | PA      | $3886120.17    | 0.03%             | 2030-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                                                             | AMENTUM HOLDINGS TERM 1LN 09/29/2031                                                                    | CUSIP: 02351XAB4<br>LEI: 2549009FJIBLW40CU216 | Long             | LON              | CORP              | US        |     2023999 | PA      | $2021590.76    | 0.01%             | 2031-09-29      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                             | NEPTUNE BIDCO US INC 9.29% 04/15/2029 144A                                                              | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    38005000 | PA      | $37149887.50   | 0.25%             | 2029-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| BENEFIT STREET PARTNERS CLO XXXIX LTD                                            | BENEFIT STREET PARTNERS CLO XXXIX LTD D2 TSFR3M+365 04/15/2038 144A                                     | CUSIP: 081930AL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      668000 | PA      | $671812.28     | 0.00%             | 2038-04-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING BV                                                       | ALCOA NEDERLAND HOLDING BV 4.125% 03/31/2029 144A                                                       | CUSIP: 013822AG6<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     7735000 | PA      | $7479708.65    | 0.05%             | 2029-03-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTRIAL SERVICES INC                                                    | BRAND INDUSTRIAL SERVICES INC 10.375% 08/01/2030 144A                                                   | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |    20835000 | PA      | $20768596.77   | 0.14%             | 2030-08-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.75% 02/15/2037                                                            | CUSIP: 912810PT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     8200000 | PA      | $8609679.71    | 0.06%             | 2037-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JAMES HARDIE INTL FIN LTD                                                        | JAMES HARDIE INTL FIN LTD 5% 01/15/2028 144A                                                            | CUSIP: 47032FAB5<br>LEI: 635400G32A4Q1LVQ8M88 | Long             | DBT              | CORP              | IE        |     5270000 | PA      | $5233835.15    | 0.03%             | 2028-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                       | FIRST QUANTUM MINERALS LTD 9.375% 03/01/2029 144A                                                       | CUSIP: 335934AV7<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     6235000 | PA      | $6595383.00    | 0.04%             | 2029-03-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP REC 4.025 04/23/30                                                                            | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    18030000 | NC      | $651991.85     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                                                           | ATHENAHEALTH GROUP TERM B 1LN 02/15/2029                                                                | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |    13287530 | PA      | $13254311.46   | 0.09%             | 2029-02-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.875% 10/31/2030                                                                             | CUSIP: 91282CJG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    25780000 | PA      | $27098203.84   | 0.18%             | 2030-10-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 5.125% 01/15/2029 144A                                                                 | CUSIP: 02156LAE1<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     1265000 | PA      | $1087900.00    | 0.01%             | 2029-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | EXPAND ENERGY CORP SER C WT 02/09/26                                                                    | CUSIP: 165167180<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |        1040 | NS      | $96919.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | ADOBE INC                                                                                               | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       28564 | NS      | $10075951.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSOCEAN INC                                                                   | TRANSOCEAN INC 8.5% 05/15/2031 144A                                                                     | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     1955000 | PA      | $1915960.00    | 0.01%             | 2031-05-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| JAMES HARDIE INDUSTRIES PLC                                                      | JAMES HARDIE IND PLC                                                                                    | CUSIP: N/A<br>LEI: 635400NSGXKTVOO7JU45       | Long             | EC               | CORP              | IE        |      389200 | NS      | $7476532.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| POLARIS NEWCO LLC                                                                | SOLERA TERM B 1LN 06/02/2028                                                                            | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |     9803062 | PA      | $9436820.09    | 0.06%             | 2028-06-02      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| DIAMOND FOREIGN ASSET CO / DIAMOND FINANCE LLC                                   | DIAMOND FOREIGN ASSET CO / DIAMOND FINANCE LLC 8.5% 10/01/2030 144A                                     | CUSIP: 25260WAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     2735000 | PA      | $2898341.26    | 0.02%             | 2030-10-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP REC 4.01 05/07/30                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    22140000 | NC      | $793738.48     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                              | UNITED AIRLINES INC 4.625% 04/15/2029 144A                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     8725000 | PA      | $8591409.34    | 0.06%             | 2029-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP                                                                       | HERTZ CORP 12.625% 07/15/2029 144A                                                                      | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     1245000 | PA      | $1319883.02    | 0.01%             | 2029-07-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| CIFC FDG 2025-III LTD                                                            | CIFC FDG 2025-III LTD E TSFR3M+725 07/21/2038 144A                                                      | CUSIP: 12574PAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1091000 | PA      | $1127557.23    | 0.01%             | 2038-07-21      | Variable      | 0.12%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                             | FRONTIER COMMUNICATIONS HOLDINGS LLC 5.875% 10/15/2027 144A                                             | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6300000 | PA      | $6296194.80    | 0.04%             | 2027-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                                              | COINBASE GLOBAL INC 3.375% 10/01/2028 144A                                                              | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    13780000 | PA      | $13078640.72   | 0.09%             | 2028-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 8.75% 11/15/2030 144A                                                                    | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     4055000 | PA      | $4372879.56    | 0.03%             | 2030-11-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.875% 12/31/2027                                                                             | CUSIP: 91282CGC9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    51100000 | PA      | $51378351.92   | 0.34%             | 2027-12-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TALOS PRODUCTION INC                                                             | TALOS PRODUCTION INC 9.375% 02/01/2031 144A                                                             | CUSIP: 87485LAE4<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |     2660000 | PA      | $2770459.16    | 0.02%             | 2031-02-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                                                            | ON SEMICONDUCTOR CORP                                                                                   | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |      247091 | NS      | $12184057.21   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA INC                                                                        | IQVIA INC 5% 05/15/2027 144A                                                                            | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     5660000 | PA      | $5644242.56    | 0.04%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP INC                                                       | PERFORMANCE FOOD GROUP INC 5.5% 10/15/2027 144A                                                         | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     5345000 | PA      | $5331782.35    | 0.04%             | 2027-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MOOG INC                                                                         | MOOG INC 4.25% 12/15/2027 144A                                                                          | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |     2025000 | PA      | $1994036.74    | 0.01%             | 2027-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | IRON MTN INC 5.25% 07/15/2030 144A                                                                      | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     5915000 | PA      | $5849737.85    | 0.04%             | 2030-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| Studio City International Holdings Ltd                                           | STUDIO CITY INTERNATIONAL HOLDINGS LTD ADR 144A                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |      121177 | NS      | $472590.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                                                               | META PLATFORMS INC CL A                                                                                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       89200 | NS      | $65506696.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC                                                    | APOLLO GLOBAL MANAGEMENT INC                                                                            | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      189500 | NS      | $25254665.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX RESOURCES CORP                                                               | CNX RESOURCES CORP 6% 01/15/2029 144A                                                                   | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     3200000 | PA      | $3201312.00    | 0.02%             | 2029-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP                     | TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP 6% 03/01/2027 144A                         | CUSIP: 87470LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2815000 | PA      | $2814339.32    | 0.02%             | 2027-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                                                  | MADISON IAQ LLC 5.875% 06/30/2029 144A                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |     4265000 | PA      | $4213394.48    | 0.03%             | 2029-06-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                                                              | KINETIK HOLDINGS LP 5.875% 06/15/2030 144A                                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |     4180000 | PA      | $4204310.88    | 0.03%             | 2030-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC                                                              | LIGHTNING POWER TERM B 1LN 08/18/2031                                                                   | CUSIP: N/A<br>LEI: 254900BWCHJ03XRL8K59       | Long             | LON              | CORP              | US        |     1257300 | PA      | $1255577.50    | 0.01%             | 2031-08-18      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CARLYLE US CLO 2025-2 LTD                                                        | CARLYLE US CLO 2025-2 LTD E TSFR3M+675 07/25/2038 144A                                                  | CUSIP: 14320DAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      658000 | PA      | $675209.99     | 0.00%             | 2038-07-25      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                                    | TOPBUILD CORP 5.625% 01/31/2034 144A                                                                    | CUSIP: 89055FAD5<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     4055000 | PA      | $4040259.43    | 0.03%             | 2034-01-31      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.25% 01/31/2034 144A                                                                     | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     2145000 | PA      | $2205958.73    | 0.01%             | 2034-01-31      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 2.5% 02/15/2045                                                             | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   216056000 | PA      | $154758549.15  | 1.02%             | 2045-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.25% 02/28/2031                                                                              | CUSIP: 91282CKC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    24300000 | PA      | $24846750.00   | 0.16%             | 2031-02-28      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES LP                                                            | CITADEL TERM B 1LN 10/31/2031                                                                           | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |     5149990 | PA      | $5158384.01    | 0.03%             | 2031-10-31      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 6% 02/15/2028 144A                                                                       | CUSIP: 097751BX8<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     2815000 | PA      | $2822116.32    | 0.02%             | 2028-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                         | CLOUD SOFTWARE GROUP INC 6.5% 03/31/2029 144A                                                           | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    31025000 | PA      | $31304855.12   | 0.21%             | 2029-03-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HOLDINGS INC                                                         | LAMB WESTON HOLDINGS INC 4.375% 01/31/2032 144A                                                         | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     2790000 | PA      | $2636888.93    | 0.02%             | 2032-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ABG INTERMEDIATE HLDGS 2 LLC                                                     | AUTHENTIC BRANDS TERM B1 1LN 12/21/2028                                                                 | CUSIP: 00076VBL3<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |     8170096 | PA      | $8148363.98    | 0.05%             | 2028-12-21      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                              | ACRISURE LLC / ACRISURE FINANCE INC 8.25% 02/01/2029 144A                                               | CUSIP: 00489LAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    12510000 | PA      | $13056837.12   | 0.09%             | 2029-02-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                                             | BWX TECHNOLOGIES INC 4.125% 06/30/2028 144A                                                             | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |     6400000 | PA      | $6247158.40    | 0.04%             | 2028-06-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | PARKLAND CORP 4.5% 10/01/2029 144A                                                                      | CUSIP: 70137WAG3<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |     4420000 | PA      | $4304559.06    | 0.03%             | 2029-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ARINI US CLO II LTD                                                              | ARINI US CLO II LTD E TSFR3M+565 03/31/2038 144A                                                        | CUSIP: 04039DAA6<br>LEI: 2549001Z731V3ALGMH47 | Long             | ABS-CBDO         | CORP              | KY        |      333000 | PA      | $336350.65     | 0.00%             | 2038-03-31      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                           | FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5159 GC 2% 11/25/2047                            | CUSIP: 3137H3SE3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGSE             | US        |     1004365 | PA      | $891488.22     | 0.01%             | 2047-11-25      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| DEERE and CO                                                                     | DEERE and CO                                                                                            | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |        6700 | NS      | $3063642.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | EXPAND ENERGY CORP                                                                                      | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |         550 | NS      | $58432.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PERFORMANCE FOOD GROUP INC                                                       | PERFORMANCE FOOD GROUP INC 4.25% 08/01/2029 144A                                                        | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     3955000 | PA      | $3841833.61    | 0.03%             | 2029-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AVALARA INC                                                                      | AVALARA TERM B 1LN 3/26/2032                                                                            | CUSIP: 05338KAB3<br>LEI: 549300Q16CMW239SS315 | Long             | LON              | CORP              | US        |    12344062 | PA      | $12340606.16   | 0.08%             | 2032-03-26      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.625% 05/15/2054                                                           | CUSIP: 912810UA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    24660000 | PA      | $24228450.00   | 0.16%             | 2054-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA GTD MTG PASS THRU CTF SOFR30A+120 06/25/2054                                                       | CUSIP: 3136BUGA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     6131853 | PA      | $6144727.72    | 0.04%             | 2054-06-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                                                 | CALIFORNIA RES CORP                                                                                     | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |       10789 | NS      | $573759.02     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 0.75% 03/31/2026                                                                              | CUSIP: 91282CBT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    36802000 | PA      | $36243357.05   | 0.24%             | 2026-03-31      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| GRAN TIERRA ENERGY INC                                                           | GRAN TIERRA ENERGY INC 9.5% 10/15/2029 144A                                                             | CUSIP: 38500TAC5<br>LEI: 549300IH2S17MAIUCM32 | Long             | DBT              | CORP              | US        |     3310000 | PA      | $2788675.00    | 0.02%             | 2029-10-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WATER US HOLDING CORPORATION                                             | OLYMPUS WATER US HOLDING CORPORATION 7.25% 02/15/2033 144A                                              | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    13505000 | PA      | $13519066.00   | 0.09%             | 2033-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                                                     | SM ENERGY CO 6.625% 01/15/2027                                                                          | CUSIP: 78454LAP5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    12830000 | PA      | $12825713.50   | 0.08%             | 2027-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR SA                                                        | MILLICOM INTL CELLULAR SA 4.5% 04/27/2031 144A                                                          | CUSIP: 600814AR8<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     1040000 | PA      | $979898.40     | 0.01%             | 2031-04-27      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.625% 11/15/2044                                                           | CUSIP: 912810UF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    25050000 | PA      | $24817113.16   | 0.16%             | 2044-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                            | HUB INTERNATIONAL LTD 7.25% 06/15/2030 144A                                                             | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    17925000 | PA      | $18694074.28   | 0.12%             | 2030-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT SOFR30A+105 04/25/2055                                                   | CUSIP: 3137HKUC6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     3935844 | PA      | $3930233.81    | 0.03%             | 2055-04-25      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 2.5% 02/25/2052                                                          | CUSIP: 3136BLLH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |      966323 | PA      | $890914.51     | 0.01%             | 2052-02-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SABERT CORPORATION                                                               | SABERT TERM B 1LN 12/10/2026                                                                            | CUSIP: 78516EAD4<br>LEI: 54930029JPYBTHDWT603 | Long             | LON              | CORP              | US        |     2836490 | PA      | $2847126.40    | 0.02%             | 2026-12-10      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| COMFORT SYSTEMS USA INC                                                          | COMFORT SYSTEMS USA INC                                                                                 | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       73100 | NS      | $60320658.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| DT MIDSTREAM INC                                                                 | DT MIDSTREAM INC 4.125% 06/15/2029 144A                                                                 | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4285000 | PA      | $4180720.88    | 0.03%             | 2029-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORPORATION                                                              | SEASPAN CORPORATION 5.5% 08/01/2029 144A                                                                | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |     4240000 | PA      | $4087944.27    | 0.03%             | 2029-08-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 2.75% 08/15/2032                                                                              | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    83642000 | PA      | $77757654.82   | 0.51%             | 2032-08-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                                             | KAISER ALUMINUM CORP 4.625% 03/01/2028 144A                                                             | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6615000 | PA      | $6540922.98    | 0.04%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PARTNERS LP                                                        | CNX MIDSTREAM PARTNERS LP 4.75% 04/15/2030 144A                                                         | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2970000 | PA      | $2848039.03    | 0.02%             | 2030-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP                                                                       | HERTZ CORP 6% PERP                                                                                      | CUSIP: N/A<br>LEI: 549300PD0C69OJ0NLB27       | Long             | DBT              | CORP              | US        |     5785000 | PA      | $867750.00     | 0.01%             | 2199-12-31      | Fixed         | 0.06%                 | No            |                  3 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                       | FIRST QUANTUM MINERALS LTD 8.625% 06/01/2031 144A                                                       | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     7775000 | PA      | $8166160.25    | 0.05%             | 2031-06-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                              | ACRISURE LLC / ACRISURE FINANCE INC 6.75% 07/01/2032 144A                                               | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3145000 | PA      | $3238356.18    | 0.02%             | 2032-07-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.243% 04/25/2027                                                        | CUSIP: 3137F1G44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    19900000 | PA      | $19692045.00   | 0.13%             | 2027-04-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.151% 11/25/2025                                                        | CUSIP: 3137BMTX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    12350729 | PA      | $12310231.92   | 0.08%             | 2025-11-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | CLEVELAND-CLIFFS INC 4.625% 03/01/2029 144A                                                             | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     4615000 | PA      | $4446359.59    | 0.03%             | 2029-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                                                      | HOLOGIC INC 4.625% 02/01/2028 144A                                                                      | CUSIP: 436440AM3<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |     2505000 | PA      | $2486334.49    | 0.02%             | 2028-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                                              | CHURCHILL DOWNS INC 5.75% 04/01/2030 144A                                                               | CUSIP: 12511VAA6<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |     6975000 | PA      | $6968711.34    | 0.05%             | 2030-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS and ENTERTAINMENT INC                                             | SEAWORLD PARKS and ENTRTNMNT INC 5.25% 08/15/2029 144A                                                  | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |     5630000 | PA      | $5536393.37    | 0.04%             | 2029-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC                       | UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 4.75% 04/15/2028 144A                        | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     9350000 | PA      | $9156078.20    | 0.06%             | 2028-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NCR VOYIX CORP                                                                   | NCR VOYIX CORP 5% 10/01/2028 144A                                                                       | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     3385000 | PA      | $3334421.26    | 0.02%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HOLDINGS LTD                                                | MACQUARIE AIRFINANCE HOLDINGS LTD 6.4% 03/26/2029 144A                                                  | CUSIP: 55609NAC2<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |     1805000 | PA      | $1900875.77    | 0.01%             | 2029-03-26      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SKYMILES IP LTD                                                                  | DELTA AIR LINES SKYMILES TERM B 1LN 10/20/2027                                                          | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |      578142 | PA      | $578217.20     | 0.00%             | 2027-10-20      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER LLC                                                        | PANTHER ESCROW ISSUER LLC 7.125% 06/01/2031 144A                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     9115000 | PA      | $9480675.57    | 0.06%             | 2031-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                                                | CLARIOS TERM B 1LN 05/06/2030                                                                           | CUSIP: N/A<br>LEI: 549300474L1ZLXZY2P98       | Long             | LON              | CORP              | US        |     1237523 | PA      | $1236360.16    | 0.01%             | 2030-05-06      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                                                     | INTERNET BRANDS TERM B 1LN 05/03/2028                                                                   | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |     4896103 | PA      | $4702315.06    | 0.03%             | 2028-05-03      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| MIWD HOLDCO II LLC / MIWD FINANCE CORP                                           | MIWD HOLDCO II LLC / MIWD FINANCE CORP 5.5% 02/01/2030 144A                                             | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1865000 | PA      | $1816721.40    | 0.01%             | 2030-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORPORATION 6.25%/VAR PERP                                                              | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |     8215000 | PA      | $8319959.36    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                                              | US LBM TERM B 1LN 06/06/2031                                                                            | CUSIP: 50179JAH1<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |    51216258 | PA      | $49894879.00   | 0.33%             | 2031-06-06      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| EPIC CRUDE SERVICES LP                                                           | EPIC CRUDE TERM B 1LN 10/15/2031                                                                        | CUSIP: 29428XAJ9<br>LEI: 549300FRS682IQ7J9S42 | Long             | LON              | CORP              | US        |      730704 | PA      | $730704.17     | 0.00%             | 2031-10-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                                                                     | AUTODESK INC                                                                                            | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |       21700 | NS      | $6893439.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NOBLE FINANCE II LLC                                                             | NOBLE FINANCE II LLC 8% 04/15/2030 144A                                                                 | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2805000 | PA      | $2903340.50    | 0.02%             | 2030-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA GTD MTG PASS THRU CTF SOFR30A+140 02/25/2055                                                       | CUSIP: 3136BUWL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     4859697 | PA      | $4885881.99    | 0.03%             | 2055-02-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| NEW COTAI LLC                                                                    | NEW COTAI LLC PIK CONV 5% 02/24/2027                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     3045193 | PA      | $3857650.24    | 0.03%             | 2027-02-24      | Fixed         | 0.05%                 | No            |                  3 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC HOLDINGS LLC 3.375% 02/15/2031 144A                                                                 | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     8065000 | PA      | $5201483.04    | 0.03%             | 2031-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| NXP SEMICONDUCTORS NV                                                            | NXP SEMICONDUCTORS NV                                                                                   | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |       19800 | NS      | $4509054.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HESS MIDSTREAM PARTNERS LP                                                       | HESS MIDSTREAM PARTNERS LP 5.125% 06/15/2028 144A                                                       | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6600000 | PA      | $6592543.98    | 0.04%             | 2028-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                    | ECHOSTAR CORP 10.75% 11/30/2029                                                                         | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    68356699 | PA      | $75277814.77   | 0.50%             | 2029-11-30      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP / CLARIOS US FINANCE CO                                        | CLARIOS GLOBAL LP / CLARIOS US FINANCE CO 6.75% 05/15/2028 144A                                         | CUSIP: 18060TAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5595000 | PA      | $5718574.92    | 0.04%             | 2028-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                                                                 | TKC HOLDINGS TERM 1LN 05/15/2028                                                                        | CUSIP: 87256FAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    11214133 | PA      | $11218843.01   | 0.07%             | 2028-05-15      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| GTT COMMUNICATIONS INC                                                           | GTT CMM TERM NEW $ HOLDCO 1LN 7/15/2031                                                                 | CUSIP: 36250LAX2<br>LEI: 549300ETSL7K1ZX05H30 | Long             | LON              | CORP              | US        |     2034721 | PA      | $1641348.77    | 0.01%             | 2031-07-15      | Variable      | 0.14%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | NEWELL BRANDS INC 6.625% 09/15/2029                                                                     | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     3020000 | PA      | $3037244.20    | 0.02%             | 2029-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CO LLC                                                   | NISSAN MOTOR ACCEPTANCE CO LLC 2.45% 09/15/2028 144A                                                    | CUSIP: 65480CAD7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |     1635000 | PA      | $1500173.00    | 0.01%             | 2028-09-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                                              | AVANTOR FUNDING INC 3.875% 11/01/2029 144A                                                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |     2790000 | PA      | $2653192.63    | 0.02%             | 2029-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NGPL PIPECO LLC                                                                  | NGPL PIPECO LLC 4.875% 08/15/2027 144A                                                                  | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1804382.64    | 0.01%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CPI ACQUISITION INC                                                              | CPI ACQUISITION INC 10% 07/15/2029 144A                                                                 | CUSIP: 12598FAC3<br>LEI: 254900H3R50WH1B1LB48 | Long             | DBT              | CORP              | US        |     2413000 | PA      | $2530057.43    | 0.02%             | 2029-07-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| VERTIV HOLDINGS CO                                                               | VERTIV HOLDINGS CO                                                                                      | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      187600 | NS      | $28301336.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC           | ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC 4.875% 02/15/2030 144A           | CUSIP: 013092AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    23423000 | PA      | $23007367.53   | 0.15%             | 2030-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.745% 01/25/2026                                                        | CUSIP: 3137BNGT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     1556658 | PA      | $1547893.94    | 0.01%             | 2026-01-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 03/31/2031                                                                             | CUSIP: 91282CKF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    27900000 | PA      | $28351195.45   | 0.19%             | 2031-03-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DICKS SPORTING GOODS INC                                                         | DICKS SPORTING GOODS INC                                                                                | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |       50200 | NS      | $11155444.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4% 07/31/2030                                                                                 | CUSIP: 91282CHR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    15390000 | PA      | $15563738.63   | 0.10%             | 2030-07-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                                                                     | COTIVITI TERM B 1LN 5/1/2031                                                                            | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    15519463 | PA      | $15228472.83   | 0.10%             | 2031-05-01      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SOMNIGROUP INTERNATIONAL INC                                                     | SOMNIGROUP INTERNATIONAL INC 3.875% 10/15/2031 144A                                                     | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     7360000 | PA      | $6740823.07    | 0.04%             | 2031-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 6.5% 03/01/2054#CB8113                                                                        | CUSIP: 3140QUAP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      614438 | PA      | $636190.95     | 0.00%             | 2054-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                              | ACRISURE LLC / ACRISURE FINANCE INC 7.5% 11/06/2030 144A                                                | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2605000 | PA      | $2713758.75    | 0.02%             | 2030-11-06      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BYD CO LTD                                                                       | BYD COMPANY LTD H                                                                                       | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |     1989000 | NS      | $28113874.83   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| CONNECTWISE LLC                                                                  | CONNECTWISE TERM B 1LN 9/29/2028                                                                        | CUSIP: 20786NAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     7899713 | PA      | $7908165.57    | 0.05%             | 2028-09-29      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP/SEALED AIR CORP US                                               | SEALED AIR CORP/SEALED AIR CORP US 6.125% 02/01/2028 144A                                               | CUSIP: 812127AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2815000 | PA      | $2853880.78    | 0.02%             | 2028-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT SOFR30A+110 FB 11/25/2054                                                | CUSIP: 3137HHF97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     3995482 | PA      | $3997906.67    | 0.03%             | 2054-11-25      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 4% 09/15/2030                                                                      | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     3340000 | PA      | $3104717.54    | 0.02%             | 2030-09-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 1% 07/31/2028                                                                                 | CUSIP: 91282CCR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    49141000 | PA      | $45687692.88   | 0.30%             | 2028-07-31      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| FORBES ENERGY SVCS LTD                                                           | FORBES ENERGY SVCS LTD NEW                                                                              | CUSIP: 345143200<br>LEI: 5493000KNGZL65YWY755 | Long             | EC               | CORP              | US        |      135187 | NS      | $1.35          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 1.375% 10/31/2028                                                                             | CUSIP: 91282CDF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     8911000 | PA      | $8326911.75    | 0.06%             | 2028-10-31      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 5.5% 12/20/2054#MB0092                                                                          | CUSIP: 3618N5C64<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      958701 | PA      | $966376.91     | 0.01%             | 2054-12-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SUNNOVA ENERGY CORP                                                              | SUNNOVA ENERGY CORP 5.875% 09/01/2026 144A                                                              | CUSIP: 86745GAF0<br>LEI: 549300TH3GCD8YQUDR46 | Long             | DBT              | CORP              | US        |     1350000 | PA      | $3375.00       | 0.00%             | 2026-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP PAY 3.95 04/29/30                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    12870000 | NC      | $429826.34     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ORCHARD PARK CLO LTD                                                             | ORCHARD PARK CLO LTD E TSFR3M+560 10/20/2037 144A                                                       | CUSIP: 68563KAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      876000 | PA      | $882644.46     | 0.01%             | 2037-10-20      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | VISTRA OPERATIONS CO LLC 7.75% 10/15/2031 144A                                                          | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     5470000 | PA      | $5788310.24    | 0.04%             | 2031-10-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 2.75% 05/31/2029                                                                              | CUSIP: 91282CES6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    18541000 | PA      | $17957972.51   | 0.12%             | 2029-05-31      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| TELENET FINANCE LUXEMBOURG NOTES SARL                                            | TELENET FINANCE LUXEMBOURG NOTES SARL 5.5% 03/01/2028 144A                                              | CUSIP: N/A<br>LEI: 2138007RI9GLJPCC3E25       | Long             | DBT              | CORP              | LU        |     9200000 | PA      | $9146132.25    | 0.06%             | 2028-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | EXPAND ENERGY CORP 7% 12/31/2049                                                                        | CUSIP: 165167DA2<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     3985000 | PA      | $0.40          | 0.00%             | 2049-12-31      | Fixed         | 0.07%                 | No            |                  3 | On Loan: No      |
| HESS MIDSTREAM PARTNERS LP                                                       | HESS MIDSTREAM PARTNERS LP 5.5% 10/15/2030 144A                                                         | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2775000 | PA      | $2795063.25    | 0.02%             | 2030-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | FX Forward: EUR/USD settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: ES7IP3U3RHIGC71XBU11       | N/A              | DFE              | CORP              | CA        |           1 | NC      | $7795.84       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 5175 CB 2.5% 04/25/2050                                                  | CUSIP: 3137H4N30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     6375281 | PA      | $5639245.36    | 0.04%             | 2050-04-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 2.5% 02/28/2026                                                                               | CUSIP: 9128286F2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    38997000 | PA      | $38770786.98   | 0.26%             | 2026-02-28      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SUNNOVA ENERGY CORP                                                              | SUNNOVA ENERGY CORP 11.75% 10/01/2028 144A                                                              | CUSIP: 86745GAG8<br>LEI: 549300TH3GCD8YQUDR46 | Long             | DBT              | CORP              | US        |     8050000 | PA      | $20125.00      | 0.00%             | 2028-10-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                                                                | DISH NETWORK CORP 11.75% 11/15/2027 144A                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    27490000 | PA      | $29091484.93   | 0.19%             | 2027-11-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 1.25% 12/31/2026                                                                              | CUSIP: 91282CDQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    33922000 | PA      | $32913615.63   | 0.22%             | 2026-12-31      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| KODIAK BP LLC                                                                    | KODIAK TERM B 1LN 12/4/2031                                                                             | CUSIP: 50011JAF7<br>LEI: 549300Y1Q6ZUH0EXO182 | Long             | LON              | CORP              | US        |     1178561 | PA      | $1171689.97    | 0.01%             | 2031-12-04      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.375% 05/15/2033                                                                             | CUSIP: 91282CHC8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     7260000 | PA      | $6973570.35    | 0.05%             | 2033-05-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPERATING CO LLC / GD FINANCE CO INC                                    | GO DADDY OPERATING CO LLC / GD FINANCE CO INC 3.5% 03/01/2029 144A                                      | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6060000 | PA      | $5741707.71    | 0.04%             | 2029-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALTICE FING SA                                                                   | ALTICE FING SA 5.75% 08/15/2029 144A                                                                    | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    11895000 | PA      | $8950987.50    | 0.06%             | 2029-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WATER US HOLDING CORPORATION                                             | OLYMPUS WATER US HOLDING CORPORATION 7.125% 10/01/2027 144A                                             | CUSIP: 16308NAA2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     3445000 | PA      | $3506139.86    | 0.02%             | 2027-10-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL GAMING AUTHORITY / MS DIGITAL ENTERTAINMENT HOLDINGS LLC          | MOHEGAN TRIBAL GAMING AUTHORITY / MS DIGITAL ENTERTAINMENT HOLDINGS LLC 8.25% 04/15/2030 144A           | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7610000 | PA      | $7907094.40    | 0.05%             | 2030-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| Fidelity Central Investment Portfolios LLC                                       | Fidelity Floating Rate Central Fund                                                                     | CUSIP: 31606V708<br>LEI: S2V1M15I679NQK6BNY65 | Long             | EC               | RF                | US        |    10007938 | NS      | $962163162.20  | 6.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CHS/CMNTY HEALTH SYSTEMS INC                                                     | CHS/CMNTY HEALTH SYSTEMS INC 5.25% 05/15/2030 144A                                                      | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     8305000 | PA      | $7513069.91    | 0.05%             | 2030-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY                                                       | TENNESSEE VALLEY AUTHORITY 5.25% 09/15/2039                                                             | CUSIP: 880591EH1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGSE             | US        |     2106000 | PA      | $2228930.29    | 0.01%             | 2039-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.375% 03/01/2029 144A                                                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     8150000 | PA      | $8313000.00    | 0.05%             | 2029-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING CO INC                                                 | HILTON DOMESTIC OPERATING CO INC 4% 05/01/2031 144A                                                     | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     5020000 | PA      | $4750078.11    | 0.03%             | 2031-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTRIAL SERVICES INC                                                    | BRANDSAFWAY TERM B 1LN 08/01/2030                                                                       | CUSIP: 10524MAS6<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |    13810252 | PA      | $12484467.41   | 0.08%             | 2030-08-01      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | EXPAND ENERGY CORP 6.75% 04/15/2029 144A                                                                | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     4415000 | PA      | $4461069.02    | 0.03%             | 2029-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TRUIST INSURANCE HOLDINGS LLC                                                    | TRUIST INSURANCE TERM B 1LN 05/06/2031                                                                  | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      967621 | PA      | $966111.48     | 0.01%             | 2031-05-06      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC NV                                                    | GOLDEN NUGGET TERM B 1LN 01/29/2029                                                                     | CUSIP: 31556PAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    12876889 | PA      | $12854225.47   | 0.08%             | 2029-01-29      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HOLDINGS INC                                                         | LAMB WESTON HOLDINGS INC 4.125% 01/31/2030 144A                                                         | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     5575000 | PA      | $5353245.46    | 0.04%             | 2030-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CARNELIAN POINT HOLDINGS LP                                                      | CARNELIAN POINT HOLDINGS LP WT 06/30/27                                                                 | CUSIP: 155371529<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         544 | NS      | $1588.48       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US ULTRA BOND CBT FUT DEC25 WNZ5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |        3785 | NC      | $12153710.70   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNOCO LP / SUNOCO FIN CORP                                                      | SUNOCO LP / SUNOCO FIN CORP 7% 09/15/2028 144A                                                          | CUSIP: 86765KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2735000 | PA      | $2819656.46    | 0.02%             | 2028-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US ULTRA BOND CBT FUT DEC25 WNZ5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |          -9 | NC      | $-28986.93     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP 6.625%/VAR PERP                                                                      | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |    20350000 | PA      | $20311009.40   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| AUSTRALIA, COMMONWEALTH OF                                                       | AUSTRALIA COMMONWEALTH OF 1% 12/21/2030 REGS                                                            | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |     1000000 | PA      | $575923.83     | 0.00%             | 2030-12-21      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING 2025-2 LTD                                            | PALMER SQUARE LOAN FUNDING 2025-2A D LTD TSFR3M+450 07/15/2033 144A                                     | CUSIP: 69704EAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      738000 | PA      | $737873.80     | 0.00%             | 2033-07-15      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 6.25% 05/15/2026                                                          | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1926000 | PA      | $1923724.05    | 0.01%             | 2026-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 03/31/2032                                                                             | CUSIP: 91282CMT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    24070000 | PA      | $24389679.69   | 0.16%             | 2032-03-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SOUTHEASTERN GROCERS INC                                                         | SOUTHEASTERN GROCERS INC CVR RT                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      584047 | NS      | $22882.96      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| HILTON DOMESTIC OPERATING CO INC                                                 | HILTON DOMESTIC OPERATING CO INC 3.75% 05/01/2029 144A                                                  | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     3350000 | PA      | $3222681.88    | 0.02%             | 2029-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                                                    | LGI HOMES INC 8.75% 12/15/2028 144A                                                                     | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |     2680000 | PA      | $2813517.60    | 0.02%             | 2028-12-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 4.625% 01/15/2029                                                                         | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     9290000 | PA      | $9103947.31    | 0.06%             | 2029-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WATER US HOLDING CORPORATION                                             | OLYMPUS WATER US HOLDING CORPORATION 4.25% 10/01/2028 144A                                              | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     7070000 | PA      | $6798787.73    | 0.04%             | 2028-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 1.336% 09/25/2027                                                        | CUSIP: 3137F64P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    55663480 | PA      | $53322485.27   | 0.35%             | 2027-09-25      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| DIAMETER CAP CLO 7 LTD / DIAMETER CAP CLO 7 LLC                                  | DIAMETER CAP CLO 7 LTD / DIAMETER CAP CLO 7 LLC D TSFR3M+610 07/20/2037 144A                            | CUSIP: 25255XAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1262000 | PA      | $1273842.61    | 0.01%             | 2037-07-20      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | UNIVISION COMMUNICATIONS INC 7.375% 06/30/2030 144A                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    22095000 | PA      | $22200724.58   | 0.15%             | 2030-06-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 21-66 DM 2% 01/25/2048                                                   | CUSIP: 3136BG6Y2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     1340760 | PA      | $1126685.33    | 0.01%             | 2048-01-25      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.282% 07/25/2026                                                        | CUSIP: 3137FNWX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     7727350 | PA      | $7628095.75    | 0.05%             | 2026-07-25      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP / VICI NOTE CO INC                                            | VICI PROPERTIES LP / VICI NOTE CO INC 4.625% 12/01/2029 144A                                            | CUSIP: 92564RAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7220000 | PA      | $7148887.69    | 0.05%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                                             | CHART INDUSTRIES INC 7.5% 01/01/2030 144A                                                               | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |     7420000 | PA      | $7722253.70    | 0.05%             | 2030-01-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 6.5% 01/01/2055#CB9828                                                                        | CUSIP: 3140QV4N1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1929705 | PA      | $2031190.99    | 0.01%             | 2055-01-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MESQUITE ENERGY INC                                                              | SANCHEZ ENERGY DIP ROLL UP TERM 12/31/2055                                                              | CUSIP: N/A<br>LEI: 549300SB0HTIM17TVR61       | Long             | LON              | CORP              | US        |     1476000 | PA      | $0.15          | 0.00%             | 2055-12-31      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| ATS CORP                                                                         | ATS CORP 4.125% 12/15/2028 144A                                                                         | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | CA        |     4630000 | PA      | $4435981.70    | 0.03%             | 2028-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 2% 08/15/2051                                                               | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    77934000 | PA      | $45658364.92   | 0.30%             | 2051-08-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| GREYSTAR REAL ESTATE PARTNERS LLC                                                | GREYSTAR REAL ESTATE PARTNERS LLC 7.75% 09/01/2030 144A                                                 | CUSIP: 39807UAD8<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |     2435000 | PA      | $2574062.85    | 0.02%             | 2030-09-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | FX Forward: EUR/USD settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | N/A              | DFE              | CORP              | GB        |           1 | NC      | $-7737.78      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF                                  | iShares Broad USD High Yield Corp Bd ETF                                                                | CUSIP: 46435U853<br>LEI: 549300X7H67ZLUE3IZ46 | Long             | EC               | RF                | US        |     5013200 | NS      | $189398696.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.75% 08/25/2044                                                         | CUSIP: 3137H7FZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     3131799 | PA      | $3044139.19    | 0.02%             | 2044-08-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 5% 11/01/2052#FS3295                                                                          | CUSIP: 3140XJUV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1105496 | PA      | $1109829.23    | 0.01%             | 2052-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NESCO HOLDINGS II INC                                                            | NESCO HOLDINGS II INC 5.5% 04/15/2029 144A                                                              | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |     7155000 | PA      | $7007141.93    | 0.05%             | 2029-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | BLOCK INC 5.625% 08/15/2030 144A                                                                        | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     6055000 | PA      | $6134792.79    | 0.04%             | 2030-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | FX Forward: AUD/USD settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              | CORP              | US        |           1 | NC      | $211072.58     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                           | MPT OPER PARTNERSHIP LP/CORP 8.5% 02/15/2032 144A                                                       | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3890000 | PA      | $4133366.18    | 0.03%             | 2032-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC                                                                     | ACRISURE TERM B 1LN 06/21/2032                                                                          | CUSIP: 00488PAX3<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |     7427755 | PA      | $7412305.48    | 0.05%             | 2032-06-21      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                                         | VENTURE GLOBAL CALCASIEU 4.125% 08/15/2031 144A                                                         | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     3525000 | PA      | $3327064.55    | 0.02%             | 2031-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                                                          | DARLING INGREDIENTS INC 6% 06/15/2030 144A                                                              | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |     6615000 | PA      | $6678246.02    | 0.04%             | 2030-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.125% 08/15/2044                                                           | CUSIP: 912810UD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    47820000 | PA      | $44386673.20   | 0.29%             | 2044-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | FX Forward: USD/AUD settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: IGJSJL3JD5P30I6NJZ34       | N/A              | DFE              | CORP              | US        |           1 | NC      | $-202760.17    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | EXPAND ENERGY CORP 5.875% 02/01/2029 144A                                                               | CUSIP: 165167DG9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     3115000 | PA      | $3126578.49    | 0.02%             | 2029-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | UNIVISION COMMUNICATIONS INC 4.5% 05/01/2029 144A                                                       | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     5760000 | PA      | $5432988.10    | 0.04%             | 2029-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 3.625% 02/15/2031 144A                                                                   | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     6110000 | PA      | $5648844.70    | 0.04%             | 2031-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SEADRILL FINANCE LTD                                                             | SEADRILL FINANCE LTD 8.375% 08/01/2030 144A                                                             | CUSIP: 81172QAA2<br>LEI: 213800WMN3OHFUDHD642 | Long             | DBT              | CORP              | BM        |     5560000 | PA      | $5772747.84    | 0.04%             | 2030-08-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| PG and E CORP                                                                    | PG and E CORP 5.25% 07/01/2030                                                                          | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     5150000 | PA      | $5078647.27    | 0.03%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 6% 10/01/2055 #TBA                                                                              | CUSIP: 21H0606A4<br>LEI: 549300M8ZYFG0OCMTT87 | Short            | ABS-MBS          | USGA              | US        |    -4825000 | PA      | $-4907665.76   | -0.03%            | 2055-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP / GLP FIN CORP                                                | GLOBAL PARTNERS LP / GLP FIN CORP 8.25% 01/15/2032 144A                                                 | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3315000 | PA      | $3496211.16    | 0.02%             | 2032-01-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| GOLUB CAP PARTNERS CLO 76 B LTD                                                  | GOLUB CAP PARTNERS CLO 76 B LTD E TSFR3M+575 10/25/2037 144A                                            | CUSIP: 38180CAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |      836000 | PA      | $842824.27     | 0.01%             | 2037-10-25      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | VISTRA OPERATIONS CO LLC 5.5% 09/01/2026 144A                                                           | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     9975000 | PA      | $9967170.02    | 0.07%             | 2026-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDCO INC / MIWD BORROWER LLC                          | MITER BRANDS ACQUISITION HOLDCO INC / MIWD BORROWER LLC 6.75% 04/01/2032 144A                           | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3920000 | PA      | $4026831.76    | 0.03%             | 2032-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ROBLOX CORP                                                                      | ROBLOX CORP 3.875% 05/01/2030 144A                                                                      | CUSIP: 771049AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4175000 | PA      | $3982343.96    | 0.03%             | 2030-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                    | FHLG 30YR 6% 02/01/2055#SL0430                                                                          | CUSIP: 31427MPQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     2680574 | PA      | $2785339.64    | 0.02%             | 2055-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 3% 05/25/2044                                                            | CUSIP: 3136BL6D7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     6711388 | PA      | $6435579.37    | 0.04%             | 2044-05-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | TENET HEALTHCARE CORP 5.125% 11/01/2027                                                                 | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    10955000 | PA      | $10934895.16   | 0.07%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMMUNITIES INC                                                  | TAYLOR MORRISON COMMUNITIES INC 5.875% 06/15/2027 144A                                                  | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     5610000 | PA      | $5678010.03    | 0.04%             | 2027-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                              | NOVA CHEMICALS CORP 8.5% 11/15/2028 144A                                                                | CUSIP: 66977WAT6<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |     3635000 | PA      | $3804052.95    | 0.03%             | 2028-11-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| UKG INC                                                                          | UKG TERM B 1LN 02/10/2031                                                                               | CUSIP: N/A<br>LEI: 529900FKHWSTQ1GXK240       | Long             | LON              | CORP              | US        |    30980584 | PA      | $30940619.12   | 0.20%             | 2031-02-10      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM,G.B. and N.IRELAND                                                | UNITED KINGDOM G.B. and N.IRELAND 1.625% 10/22/2054 REGS                                                | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |    16050000 | PA      | $9549899.64    | 0.06%             | 2054-10-22      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| IHEARTMEDIA INC                                                                  | IHEARTMEDIA INC                                                                                         | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |          26 | NS      | $74.62         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                                                   | FX Forward: USD/EUR settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: IGJSJL3JD5P30I6NJZ34       | N/A              | DFE              | CORP              | US        |           1 | NC      | $-1930753.15   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 5.5% 10/01/2055 #TBA                                                                            | CUSIP: 21H0526A1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    17600000 | PA      | $17730590.24   | 0.12%             | 2055-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                                                           | GSCM SWAP REC 3.9025 04/14/26                                                                           | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              | CORP              | US        |    28200000 | NC      | $883667.59     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                                                           | GSCM SWAP PAY 3.9025 04/14/26                                                                           | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              | CORP              | US        |    28200000 | NC      | $357358.86     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.875% 05/31/2027                                                                             | CUSIP: 91282CNE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    30000000 | PA      | $30104296.80   | 0.20%             | 2027-05-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | UNIVISION TERM B 1LN 01/31/2029                                                                         | CUSIP: 914908BB3<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |     3454700 | PA      | $3428306.09    | 0.02%             | 2029-01-31      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DAVITA INC 4.625% 06/01/2030 144A                                                                       | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    15850000 | PA      | $15190463.91   | 0.10%             | 2030-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 2022-7 A 3% 05/25/2048                                                   | CUSIP: 3136BLRV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     2420551 | PA      | $2241123.77    | 0.01%             | 2048-05-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GERMANY FEDERAL REPUBLIC OF                                                      | GERMANY FEDERAL REPUBLIC OF 2.6% 08/15/2035 REGS                                                        | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |    60000000 | PA      | $69786471.30   | 0.46%             | 2035-08-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| RAND PARENT LLC                                                                  | RAND PARENT LLC 8.5% 02/15/2030 144A                                                                    | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6985000 | PA      | $7257869.03    | 0.05%             | 2030-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                                            | VENTURE GLOBAL PLAQUE 7.75% 05/01/2035 144A                                                             | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     6155000 | PA      | $6947199.46    | 0.05%             | 2035-05-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| REWORLD HLDG CORP                                                                | REWORLD HLDG CORP 4.875% 12/01/2029 144A                                                                | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |     9642000 | PA      | $9067989.56    | 0.06%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL ENVIRONMENTAL INC 4% 08/01/2028 144A                                                                | CUSIP: 36168QAL8<br>LEI: 5493008HF9XC5H29ZX61 | Long             | DBT              | CORP              | CA        |     4200000 | PA      | $4100378.10    | 0.03%             | 2028-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                                                               | MURPHY OIL USA INC 5.625% 05/01/2027                                                                    | CUSIP: 626738AD0<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |     3665000 | PA      | $3666671.24    | 0.02%             | 2027-05-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC                                                              | SPECTRUM BRANDS INC 3.875% 03/15/2031 144A                                                              | CUSIP: 84762LAX3<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |     1025000 | PA      | $822562.50     | 0.01%             | 2031-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.5% 01/31/2028                                                                               | CUSIP: 91282CGH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    20540000 | PA      | $20485440.63   | 0.14%             | 2028-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AVENTIV TECHNOLOGIES LLC                                                         | AVENTIV TERM FLSO 1LN 03/25/2026                                                                        | CUSIP: 05358AAQ7<br>LEI: 549300EBCNNXVCJ2FW66 | Long             | LON              | CORP              | US        |      123912 | PA      | $123911.98     | 0.00%             | 2026-03-25      | Variable      | 0.12%                 | No            |                  2 | On Loan: No      |
| AVENTIV TECHNOLOGIES LLC                                                         | AVENTIV TERM DEC FLSO 03/25/2026                                                                        | CUSIP: N/A<br>LEI: 549300EBCNNXVCJ2FW66       | Long             | LON              | CORP              | US        |      127095 | PA      | $133132.41     | 0.00%             | 2026-03-25      | Variable      | 0.14%                 | No            |                  3 | On Loan: No      |
| LINDBLAD EXPEDITIONS LLC                                                         | LINDBLAD EXPEDITIONS LLC 7% 09/15/2030 144A                                                             | CUSIP: 53523LAB6<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |     3685000 | PA      | $3756083.65    | 0.02%             | 2030-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                                              | MSCS SWAP PAY 3.853 09/16/30                                                                            | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              | CORP              | US        |    16900000 | NC      | $611674.88     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | PARKLAND CORP 6.625% 08/15/2032 144A                                                                    | CUSIP: 70137WAN8<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |     2605000 | PA      | $2676799.01    | 0.02%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 5.5% 10/01/2055 #TBA                                                                            | CUSIP: 21H0526A1<br>LEI: 549300M8ZYFG0OCMTT87 | Short            | ABS-MBS          | USGA              | US        |    -4925000 | PA      | $-4961543.01   | -0.03%            | 2055-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | TENET HEALTHCARE CORP 6.25% 02/01/2027                                                                  | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    20050000 | PA      | $20043379.49   | 0.13%             | 2027-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SIMPSON MANUFACTURING CO                                                         | SIMPSON MANUFACTURING CO                                                                                | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |       35600 | NS      | $5961576.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AVENTIV TECHNOLOGIES LLC                                                         | AVENTIV TERM FLSO 03/25/2026                                                                            | CUSIP: 05358AAV6<br>LEI: 549300EBCNNXVCJ2FW66 | Long             | LON              | CORP              | US        |     1167711 | PA      | $1220258.39    | 0.01%             | 2026-03-25      | Variable      | 0.15%                 | No            |                  2 | On Loan: No      |
| Studio City International Holdings Ltd                                           | STUDIO CITY INTERNATIONAL HOLDINGS LTD ADR                                                              | CUSIP: 86389T106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      133400 | NS      | $520260.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WAND NEWCO 3 INC                                                                 | CALIBER COLLISION TERM B 1LN 01/30/2031                                                                 | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |      931787 | PA      | $928115.45     | 0.01%             | 2031-01-30      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD                                   | SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD 7.5%/VAR 03/01/2055                                      | CUSIP: 836720AJ1<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |    18544000 | PA      | $19691187.47   | 0.13%             | 2055-03-01      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                                                             | CITGO PETROLEUM CORP 8.375% 01/15/2029 144A                                                             | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    12030000 | PA      | $12501479.76   | 0.08%             | 2029-01-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 15YR 2% 02/01/2028#FS3865                                                                          | CUSIP: 3140XKJK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      519189 | PA      | $509334.73     | 0.00%             | 2028-02-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP                                                                       | HERTZ CORP 7.125% PERP                                                                                  | CUSIP: N/A<br>LEI: 549300PD0C69OJ0NLB27       | Long             | DBT              | CORP              | US        |     6315000 | PA      | $1010400.00    | 0.01%             | 2199-12-31      | Fixed         | 0.07%                 | No            |                  3 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 20YR 3% 09/01/2041#FM9587                                                                          | CUSIP: 3140XDUM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1226239 | PA      | $1134061.71    | 0.01%             | 2041-09-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.625% 03/31/2030                                                                             | CUSIP: 91282CGS4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    21930000 | PA      | $21840052.79   | 0.14%             | 2030-03-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | MARVELL TECHNOLOGY INC                                                                                  | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       86600 | NS      | $7280462.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                            | MOLINA HEALTHCARE INC 3.875% 05/15/2032 144A                                                            | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     5560000 | PA      | $5045294.12    | 0.03%             | 2032-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OCP AEGIS CLO 2024-39 LTD                                                        | OCP AEGIS CLO 2024-39 LTD D1 TSFR3M+280 01/16/2037 144A                                                 | CUSIP: 67120EAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |      250000 | PA      | $250122.25     | 0.00%             | 2037-01-16      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                                              | COINBASE GLOBAL INC CONV 0.25% 04/01/2030                                                               | CUSIP: 19260QAF4<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |     3680000 | PA      | $4620240.00    | 0.03%             | 2030-04-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PTC INC                                                                          | PTC INC 4% 02/15/2028 144A                                                                              | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |     3715000 | PA      | $3637165.18    | 0.02%             | 2028-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CFC USA 2025 LLC                                                                 | CFC GROUP TERM B 1LN 07/01/2032                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     6340000 | PA      | $6038850.00    | 0.04%             | 2032-07-01      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | EXPAND ENERGY CORP 5.375% 03/15/2030                                                                    | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     5630000 | PA      | $5724635.18    | 0.04%             | 2030-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP                                                                       | HERTZ CORP 6.25% PERP                                                                                   | CUSIP: N/A<br>LEI: 549300PD0C69OJ0NLB27       | Long             | DBT              | CORP              | US        |     6775000 | PA      | $406500.00     | 0.00%             | 2199-12-31      | Fixed         | 0.06%                 | No            |                  3 | On Loan: No      |
| SUMMIT MIDSTREAM CORP                                                            | SUMMIT MIDSTREAM CORP 3ML+743 PERP PFD                                                                  | CUSIP: 86614G200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |        1711 | NS      | $2667392.57    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FINANCE CORP                     | ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FIN CORP 5.375% 06/15/2029 144A                         | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4305000 | PA      | $4289220.88    | 0.03%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP PAY 4.025 04/23/30                                                                            | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    18030000 | NC      | $578725.32     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NEW COTAI LLC / NEW COTAI CAP CORP                                               | NEW COTAI LLC/NEW COTAI CAPITAL CORP P/P                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     2242893 | NS      | $807441.48     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 5330 FA SOFR30A+105 08/25/2053                                           | CUSIP: 3137HAFW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     4521869 | PA      | $4525209.77    | 0.03%             | 2053-08-25      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 3% 02/15/2049                                                               | CUSIP: 912810SF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   107530000 | PA      | $80513087.50   | 0.53%             | 2049-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | UBER TECHNOLOGIES INC 4.5% 08/15/2029 144A                                                              | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    12675000 | PA      | $12639044.83   | 0.08%             | 2029-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                             | UMBS 30YR 6% 10/01/2055 #TBA                                                                            | CUSIP: 01F0606A8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    15500000 | PA      | $15833008.20   | 0.10%             | 2055-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| KRONOS ACQUISITION HOLDINGS INC                                                  | KRONOS ACQUISITION HOLDINGS INC 8.25% 06/30/2031 144A                                                   | CUSIP: 50106GAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5190000 | PA      | $4023153.06    | 0.03%             | 2031-06-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 5425 FK SOFR30A+120 06/25/2054                                           | CUSIP: 3137HCYX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     3326628 | PA      | $3340293.18    | 0.02%             | 2054-06-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP / SUNOCO FIN CORP                                                      | SUNOCO LP / SUNOCO FIN CORP 4.5% 04/30/2030                                                             | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5550000 | PA      | $5343801.41    | 0.04%             | 2030-04-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SOLENIS HOLDINGS LTD                                                             | SOLENIS TERM B6 1LN 6/20/2031                                                                           | CUSIP: 68163YAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     1534584 | PA      | $1517964.21    | 0.01%             | 2031-06-20      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SOUND PT CLO 40 LTD / SOUND PT CLO 40 LLC                                        | SOUND PT CLO 40 LTD / SOUND PT CLO 40 LLC E TSFR3M+670 10/20/2037 144A                                  | CUSIP: 83617DAA0<br>LEI: 2549006N6CIHZ26VQC36 | Long             | ABS-CBDO         | CORP              | KY        |      324000 | PA      | $329657.04     | 0.00%             | 2037-10-20      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                                                            | HIGHTOWER HOLDING LLC 6.75% 04/15/2029 144A                                                             | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |     2870000 | PA      | $2831619.17    | 0.02%             | 2029-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| KONTOOR BRANDS INC                                                               | KONTOOR BRANDS INC 4.125% 11/15/2029 144A                                                               | CUSIP: 50050NAA1<br>LEI: 549300M0CPXV65RFF271 | Long             | DBT              | CORP              | US        |     2420000 | PA      | $2292260.78    | 0.02%             | 2029-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FINANCE SA                                                   | CONSOLIDATED ENERGY TERM B 1LN 11/15/2030                                                               | CUSIP: N/A<br>LEI: 549300PUNIS0USNSL750       | Long             | LON              | CORP              | LU        |     5220500 | PA      | $4869055.94    | 0.03%             | 2030-11-15      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| CHS/CMNTY HEALTH SYSTEMS INC                                                     | CHS/CMNTY HEALTH SYSTEMS INC 6% 01/15/2029 144A                                                         | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     4940000 | PA      | $4794961.60    | 0.03%             | 2029-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ACCELYA LUX FINCO SARL                                                           | ACCELYA TERM B 1LN 09/29/2032                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |     5405000 | PA      | $5296900.00    | 0.03%             | 2032-09-29      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| HAH GROUP HOLDING CO LLC                                                         | HAH GROUP HOLDING CO LLC 9.75% 10/01/2031 144A                                                          | CUSIP: 40518JAA7<br>LEI: 254900FFJQHW9R90FL74 | Long             | DBT              | CORP              | US        |     3925000 | PA      | $3729057.99    | 0.02%             | 2031-10-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4% 10/31/2029                                                                                 | CUSIP: 91282CFT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    19300000 | PA      | $19517125.00   | 0.13%             | 2029-10-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 1.625% 09/30/2026                                                                             | CUSIP: 912828YG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     3093000 | PA      | $3030390.91    | 0.02%             | 2026-09-30      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| JAPAN GOVERNMENT OF                                                              | JAPAN GOVERNMENT OF 0.7% 12/20/2048                                                                     | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        | 15500000000 | PA      | $67479528.01   | 0.45%             | 2048-12-20      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                                              | STATION CASINOS LLC 4.625% 12/01/2031 144A                                                              | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |     4155000 | PA      | $3919473.41    | 0.03%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BOOKING HOLDINGS INC                                                             | THE BOOKING HOLDINGS INC                                                                                | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        2200 | NS      | $11878394.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| OBRA CLO 1 LTD / OBRA CLO 1 LLC                                                  | OBRA CLO 1 LTD / OBRA CLO 1 LLC D2 8.259% 01/20/2038 144A                                               | CUSIP: 67443AAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      325000 | PA      | $329459.00     | 0.00%             | 2038-01-20      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CROWN CORK and SEAL INC                                                          | CROWN CORK and SEAL INC 7.375% 12/15/2026                                                               | CUSIP: 228255AH8<br>LEI: 7HLDMDH0ZXNUH6PT7Z42 | Long             | DBT              | CORP              | US        |    16535000 | PA      | $17051007.75   | 0.11%             | 2026-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                                 | DT MIDSTREAM INC 4.375% 06/15/2031 144A                                                                 | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4285000 | PA      | $4141169.56    | 0.03%             | 2031-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US 2YR NOTE (CBT) FUT DEC25 TUZ5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |        1749 | NC      | $184582.45     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FMG RESOURCES AUG'06 PTY LTD                                                     | FMG RES AUGUST 2006 PTY LTD 4.5% 09/15/2027 144A                                                        | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     5450000 | PA      | $5425143.10    | 0.04%             | 2027-09-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALLIANT HLDGS INTERMEDIATE LLC                                                   | ALLIANT HOLDINGS TERM B 1LN 09/19/2031                                                                  | CUSIP: 01881UAN5<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |    15323157 | PA      | $15278719.44   | 0.10%             | 2031-09-19      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORPORATION                                                           | FAIR ISAAC CORPORATION 4% 06/15/2028 144A                                                               | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     6420000 | PA      | $6243730.94    | 0.04%             | 2028-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO 2021-2 LTD                                                     | PALMER SQUARE CLO 2021-2 LTD DR2 TSFR3M+414 02/15/2038 144A                                             | CUSIP: 69701XAU8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      319000 | PA      | $321941.18     | 0.00%             | 2038-02-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 5.5% 11/01/2055 #TBA                                                                            | CUSIP: 21H0526B9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     4925000 | PA      | $4957887.67    | 0.03%             | 2055-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 2% 03/20/2052#                                                                                  | CUSIP: 36179WY85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     2782335 | PA      | $2303797.81    | 0.02%             | 2052-03-20      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP                                                                 | BOYD GAMING CORP                                                                                        | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      123800 | NS      | $10702510.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CLYDESDALE ACQUISITION HOLDINGS INC                                              | CLYDESDALE ACQUISITION HOLDINGS INC 8.75% 04/15/2030 144A                                               | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    21190000 | PA      | $21767279.17   | 0.14%             | 2030-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINL INC 8% 11/01/2031                                                                             | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    51348000 | PA      | $58535160.56   | 0.39%             | 2031-11-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| EATON CORP PLC                                                                   | EATON CORP PLC                                                                                          | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |       60500 | NS      | $22642125.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                                          | SENSATA TECHNOLOGIES BV 4% 04/15/2029 144A                                                              | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     5910000 | PA      | $5671663.59    | 0.04%             | 2029-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL ENVIRONMENTAL INC 6.75% 01/15/2031 144A                                                             | CUSIP: 36168QAQ7<br>LEI: 5493008HF9XC5H29ZX61 | Long             | DBT              | CORP              | CA        |     3980000 | PA      | $4164754.31    | 0.03%             | 2031-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SIMMONS FOOD INC/SIMMONS                                                         | SIMMONS FOOD INC/SIMMONS 4.625% 03/01/2029 144A                                                         | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4295000 | PA      | $4117480.78    | 0.03%             | 2029-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.625% 03/31/2028                                                                             | CUSIP: 91282CGT2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    34500000 | PA      | $34509433.68   | 0.23%             | 2028-03-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE                                              | LVMH MOET HENNESSY LOUIS VUITTON SE                                                                     | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |        4400 | NS      | $2688809.31    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | PARKER HANNIFIN CORP                                                                                    | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       20300 | NS      | $15390445.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.5% 02/15/2033                                                                               | CUSIP: 91282CGM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    49310000 | PA      | $47871149.49   | 0.32%             | 2033-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MODENA BUYER LLC                                                                 | EUC TERM 1LN 07/01/2031                                                                                 | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |    12624600 | PA      | $12453284.18   | 0.08%             | 2031-07-01      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| OBRA CLO 1 LTD                                                                   | OBRA CLO 1 LTD E TSFR3M+675 01/20/2038 144A                                                             | CUSIP: 67443CAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      375000 | PA      | $383475.00     | 0.00%             | 2038-01-20      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| BORR IHC LTD / BORR FINANCE LLC                                                  | BORR IHC LTD / BORR FINANCE LLC 10.375% 11/15/2030 144A                                                 | CUSIP: 100018AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1260971 | PA      | $1262547.09    | 0.01%             | 2030-11-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| GALLAGHER (ARTHUR J.) and CO                                                     | ARTHUR J GALLAGHAR AND CO                                                                               | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |       81300 | NS      | $25181862.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP INC                                                     | CHOBANI LLC/FINANCE CORP INC 4.625% 11/15/2028 144A                                                     | CUSIP: 17027NAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3790000 | PA      | $3747672.14    | 0.02%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                             | FRONTIER COMMUNICATIONS HOLDINGS LLC 5% 05/01/2028 144A                                                 | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11730000 | PA      | $11703618.29   | 0.08%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                                             | SHEARER'S FOODS TERM B 1LN 02/12/2031                                                                   | CUSIP: 31659LAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      928291 | PA      | $925877.51     | 0.01%             | 2031-02-12      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                                               | BAUSCH and LOMB TERM B 1LN 1/15/2031                                                                    | CUSIP: N/A<br>LEI: 549300NY6OZM39SO6475       | Long             | LON              | CORP              | CA        |     1456350 | PA      | $1455141.23    | 0.01%             | 2031-01-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.25% 11/30/2026                                                                              | CUSIP: 91282CLY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    38210000 | PA      | $38435379.39   | 0.25%             | 2026-11-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK NA NEW YORK NY                                               | FX Forward: USD/CAD settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: 7H6GLXDRUGQFU57RNE97       | N/A              | DFE              | CORP              | US        |           1 | NC      | $386844.93     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.375% 05/15/2034                                                                             | CUSIP: 91282CKQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     4680000 | PA      | $4788225.00    | 0.03%             | 2034-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PBF HLDG CO LLC / PBF FIN CORP                                                   | PBF HLDG CO LLC / PBF FIN CORP 9.875% 03/15/2030 144A                                                   | CUSIP: 69318FAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6695000 | PA      | $7016775.09    | 0.05%             | 2030-03-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                                                           | OPEN TEXT HOLDINGS INC 4.125% 02/15/2030 144A                                                           | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3220000 | PA      | $3050296.02    | 0.02%             | 2030-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                                                      | CHEMOURS CO/ THE                                                                                        | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |      293779 | NS      | $4653459.36    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WEBER-STEPHEN PRODUCTS LLC                                                       | WEBER BLACKSTONE TERM B 1LN 09/17/2032                                                                  | CUSIP: N/A<br>LEI: 549300XU8TJBBGLK8V26       | Long             | LON              | CORP              | US        |     5410000 | PA      | $5349137.50    | 0.04%             | 2032-09-17      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| MONDAY.COM LTD                                                                   | MONDAY.COM LTD                                                                                          | CUSIP: N/A<br>LEI: 984500MDAFVD86E3B328       | Long             | EC               | CORP              | IL        |       53900 | NS      | $10439891.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TKC HOLDINGS INC                                                                 | TKC HOLDINGS INC 6.875% 05/15/2028 144A                                                                 | CUSIP: 87256YAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     9328000 | PA      | $9407902.62    | 0.06%             | 2028-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MIDOCEAN CR CLO XIX                                                              | MIDOCEAN CR CLO XIX E TSFR3M+625 07/20/2036 144A                                                        | CUSIP: 59803JAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      519000 | PA      | $524128.76     | 0.00%             | 2036-07-20      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT SOFR30A+115 02/25/2055                                                   | CUSIP: 3137HJYG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     8562142 | PA      | $8583499.66    | 0.06%             | 2055-02-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 6% 11/01/2055 #TBA                                                                              | CUSIP: 21H0606B2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     4825000 | PA      | $4907288.93    | 0.03%             | 2055-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.43% 01/25/2027                                                         | CUSIP: 3137BVZ82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     1800000 | PA      | $1788758.82    | 0.01%             | 2027-01-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BORR IHC LTD / BORR FINANCE LLC                                                  | BORR IHC LTD / BORR FINANCE LLC 10% 11/15/2028 144A                                                     | CUSIP: 100018AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3627744 | PA      | $3618674.55    | 0.02%             | 2028-11-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 6% 03/01/2054#CB8112                                                                          | CUSIP: 3140QUAN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      278256 | PA      | $285130.93     | 0.00%             | 2054-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                                                   | BAUSCH HEALTH TERM B 1LN 10/08/2030                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |     7910175 | PA      | $7784086.81    | 0.05%             | 2030-10-08      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN TITAN FIN LTD                                                         | TRANSOCEAN TITAN FIN LTD 8.375% 02/01/2028 144A                                                         | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     4707381 | PA      | $4823191.94    | 0.03%             | 2028-02-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.875% 08/15/2034                                                                             | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    44930000 | PA      | $44243694.25   | 0.29%             | 2034-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP                     | TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP 6% 09/01/2031 144A                         | CUSIP: 87470LAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5355000 | PA      | $5239450.83    | 0.03%             | 2031-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                                                     | SM ENERGY CO 6.75% 09/15/2026                                                                           | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     3175000 | PA      | $3173915.74    | 0.02%             | 2026-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC                                         | ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC 4.125% 06/15/2028 144A                                         | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |     3735000 | PA      | $3653962.45    | 0.02%             | 2028-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | TENET HEALTHCARE CORP 6.125% 06/15/2030                                                                 | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    13945000 | PA      | $14126828.86   | 0.09%             | 2030-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CIFC FDG 2018-IV LTD / CIFC FDG 2018-IV LLC                                      | CIFC FDG 2018-IV LTD / CIFC FDG 2018-IV LLC D2R TSFR3M+375 01/17/2038 144A                              | CUSIP: 17181TAS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      410000 | PA      | $413250.48     | 0.00%             | 2038-01-17      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | SFR TERM B14 1LN 08/15/2028                                                                             | CUSIP: N/A<br>LEI: 5493001ZMCICV4N02J21       | Long             | LON              | CORP              | FR        |     9096794 | PA      | $8778406.10    | 0.06%             | 2028-08-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.75% 04/15/2028                                                                              | CUSIP: 91282CMW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    13570000 | PA      | $13611346.16   | 0.09%             | 2028-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CITIBANK, N.A.                                                                   | CITI SWAP PAY 3.855 09/12/30                                                                            | CUSIP: N/A<br>LEI: E57ODZWZ7FF32TWEFA76       | N/A              | DIR              | CORP              | US        |    16810000 | NC      | $607993.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 6% 06/01/2053#CB6539                                                                          | CUSIP: 3140QSHR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     2697381 | PA      | $2790160.16    | 0.02%             | 2053-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 1.25% 09/30/2028                                                                              | CUSIP: 91282CCY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    38280000 | PA      | $35705072.07   | 0.24%             | 2028-09-30      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| 1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC                             | 1011778 BC ULC/NEW RED FIN INC 4% 10/15/2030 144A                                                       | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    23490000 | PA      | $22137525.67   | 0.15%             | 2030-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA SOFR30A+145 11/25/2053                                                   | CUSIP: 3136BQRD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     7497223 | PA      | $7554459.46    | 0.05%             | 2053-11-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| TALOS PRODUCTION INC                                                             | TALOS PRODUCTION INC 9% 02/01/2029 144A                                                                 | CUSIP: 87485LAD6<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |     2345000 | PA      | $2424795.66    | 0.02%             | 2029-02-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ELASTIC NV                                                                       | ELASTIC NV 4.125% 07/15/2029 144A                                                                       | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |    11340000 | PA      | $10885304.56   | 0.07%             | 2029-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                                            | JPMORGAN CHASE and CO FRN TSFR3M+274.5 PERP                                                             | CUSIP: 48128BAH4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    19100000 | PA      | $19162285.10   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM TERM L 1LN 1/19/2032                                                                          | CUSIP: 89364MCD4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     4395600 | PA      | $4392567.04    | 0.03%             | 2032-01-19      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | CARNIVAL CORP 5.875% 06/15/2031 144A                                                                    | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     4135000 | PA      | $4237312.31    | 0.03%             | 2031-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                            | AMERICAN AIRLINES INC 7.25% 02/15/2028 144A                                                             | CUSIP: 023771T32<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     9260000 | PA      | $9486453.30    | 0.06%             | 2028-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | TELEVISAUNIVISION TERM 1LN 06/24/2029                                                                   | CUSIP: 914908BD9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |      343462 | PA      | $343283.90     | 0.00%             | 2029-06-24      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS and ELECTRIC CO                                                      | PACIFIC GAS and ELECTRIC CO 4.3% 03/15/2045                                                             | CUSIP: 694308HL4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     3690000 | PA      | $2960446.96    | 0.02%             | 2045-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                      | ROYAL CARIBBEAN CRUISES LTD 6.25% 03/15/2032 144A                                                       | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     5295000 | PA      | $5466657.33    | 0.04%             | 2032-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.25% 02/15/2028                                                                              | CUSIP: 91282CMN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    71440000 | PA      | $72460091.76   | 0.48%             | 2028-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BRINKS CO                                                                        | BRINKS CO 4.625% 10/15/2027 144A                                                                        | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     7200000 | PA      | $7129393.20    | 0.05%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                                            | WILLIAMS SCOTSMAN INC 7.375% 10/01/2031 144A                                                            | CUSIP: 96949VAL7<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |     2735000 | PA      | $2856275.37    | 0.02%             | 2031-10-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 2022-1 KA 3% 05/25/2048                                                  | CUSIP: 3136BLMF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     1709718 | PA      | $1582547.18    | 0.01%             | 2048-05-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINL INC 8% 11/01/2031                                                                             | CUSIP: 370425RZ5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    16761000 | PA      | $19066367.61   | 0.13%             | 2031-11-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2024-K523 AS TSFR1M+55 05/25/2029                                        | CUSIP: 3137HDJW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    21181634 | PA      | $21216037.44   | 0.14%             | 2029-04-25      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BATH and BODY WORKS INC                                                          | BATH and BODY WORKS INC 6.75% 07/01/2036                                                                | CUSIP: 501797AM6<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     8920000 | PA      | $9179143.84    | 0.06%             | 2036-07-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PIKES PEAK CLO 1                                                                 | PIKES PEAK CLO 1 D2R TSFR3M+380 04/20/2038 144A                                                         | CUSIP: 72133LAX0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |      274000 | PA      | $274743.09     | 0.00%             | 2038-04-20      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HOLDINGS LTD                                                | MACQUARIE AIRFINANCE HOLDINGS LTD 8.125% 03/30/2029 144A                                                | CUSIP: 55609NAB4<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |     4100000 | PA      | $4268167.28    | 0.03%             | 2029-03-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| RR 31 LTD                                                                        | RR 31 LTD D TSFR3M+600 10/15/2039 144A                                                                  | CUSIP: 74988BAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      826000 | PA      | $836984.97     | 0.01%             | 2039-10-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS CORP                                                                  | NCR ATLEOS CORP 9.5% 04/01/2029 144A                                                                    | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |     4090000 | PA      | $4427514.98    | 0.03%             | 2029-04-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HLDGS INC 4.625% 04/15/2030 144A                                                                   | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     6415000 | PA      | $6184139.55    | 0.04%             | 2030-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CITIBANK, N.A.                                                                   | CITI SWAP REC 3.855 09/12/30                                                                            | CUSIP: N/A<br>LEI: E57ODZWZ7FF32TWEFA76       | N/A              | DIR              | CORP              | US        |    16810000 | NC      | $530219.68     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | VISTRA OPERATIONS CO LLC 5% 07/31/2027 144A                                                             | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    13800000 | PA      | $13754331.66   | 0.09%             | 2027-07-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| XPO INC                                                                          | XPO INC 6.25% 06/01/2028 144A                                                                           | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |     2790000 | PA      | $2842963.60    | 0.02%             | 2028-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.5% 05/25/2049                                                          | CUSIP: 3137H5UF2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     1356093 | PA      | $1199256.45    | 0.01%             | 2049-05-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC                             | PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC 6.25% 04/01/2029 144A                              | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3135000 | PA      | $3132410.18    | 0.02%             | 2029-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.5% 11/15/2054                                                             | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    42730000 | PA      | $41142647.16   | 0.27%             | 2054-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                                                  | MADISON IAQ TERM B 1LN 06/21/2028                                                                       | CUSIP: N/A<br>LEI: 549300IXDNBXNHUPBU73       | Long             | LON              | CORP              | US        |     1363200 | PA      | $1363431.74    | 0.01%             | 2028-06-21      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                                                    | CORECIVIC INC 8.25% 04/15/2029                                                                          | CUSIP: 21871NAC5<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |    14760000 | PA      | $15593305.32   | 0.10%             | 2029-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| BATH and BODY WORKS INC                                                          | BATH and BODY WORKS INC 7.5% 06/15/2029                                                                 | CUSIP: 501797AR5<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     5030000 | PA      | $5149764.30    | 0.03%             | 2029-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT SOFR30A+120 02/25/2055                                                   | CUSIP: 3137HJZC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     2600442 | PA      | $2597003.65    | 0.02%             | 2055-02-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 1.875% 02/28/2027                                                                             | CUSIP: 91282CEC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   212560000 | PA      | $207320727.59  | 1.37%             | 2027-02-28      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC                                                      | ASBURY AUTOMOTIVE GROUP INC 4.75% 03/01/2030                                                            | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     1980000 | PA      | $1928360.61    | 0.01%             | 2030-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| REALOGY GROUP LLC / REALOGY CO-ISSUER CORP                                       | REALOGY GROUP LLC / REALOGY CO-ISSUER CORP 9.75% 04/15/2030 144A                                        | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5515000 | PA      | $6018701.50    | 0.04%             | 2030-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                                         | VENTURE GLOBAL CALCASIEU 3.875% 08/15/2029 144A                                                         | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     3525000 | PA      | $3378132.74    | 0.02%             | 2029-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORIES INTERNATIONAL INC                                     | CHARLES RIVER LABS INTL INC 4% 03/15/2031 144A                                                          | CUSIP: 159864AJ6<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |     6035000 | PA      | $5620766.05    | 0.04%             | 2031-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC                                                      | ASBURY AUTOMOTIVE GROUP INC 4.625% 11/15/2029 144A                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     4555000 | PA      | $4420527.29    | 0.03%             | 2029-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION INC                                                     | ADTALEM GLOBAL EDUCATION INC 5.5% 03/01/2028 144A                                                       | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |     4235000 | PA      | $4220027.16    | 0.03%             | 2028-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                                                      | MCAFEE TERM 1LN 03/01/2029                                                                              | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |    13921057 | PA      | $13272892.98   | 0.09%             | 2029-03-01      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                                                    | COHERENT CORP 5% 12/15/2029 144A                                                                        | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |     4370000 | PA      | $4309711.00    | 0.03%             | 2029-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                    | FHLG 30YR 6.5% 10/01/2053#RJ0002                                                                        | CUSIP: 3142GQAC6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     3074850 | PA      | $3218784.19    | 0.02%             | 2053-10-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY                                                       | TENNESSEE VALLEY AUTHORITY 5.375% 04/01/2056                                                            | CUSIP: 880591DZ2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGSE             | US        |     3503000 | PA      | $3556526.54    | 0.02%             | 2056-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                            | HUB INTERNATIONAL LTD 7.375% 01/31/2032 144A                                                            | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     6655000 | PA      | $6930111.05    | 0.05%             | 2032-01-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | UNIVISION COMMUNICATIONS INC 8.5% 07/31/2031 144A                                                       | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    18175000 | PA      | $18768268.35   | 0.12%             | 2031-07-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                                                          | PARK RIVER HOLDINGS INC 8% 03/15/2031 144A                                                              | CUSIP: 70082LAC1<br>LEI: 254900PGY077KWCROT75 | Long             | DBT              | CORP              | US        |     2480000 | PA      | $2511432.19    | 0.02%             | 2031-03-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | NEWELL BRANDS INC 8.5% 06/01/2028 144A                                                                  | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     3470000 | PA      | $3670343.92    | 0.02%             | 2028-06-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | EXPAND ENERGY CORP 8% 12/31/2049                                                                        | CUSIP: 165167CU9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     1955000 | PA      | $0.20          | 0.00%             | 2049-12-31      | Fixed         | 0.08%                 | No            |                  3 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.25% 08/15/2054                                                            | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    15760000 | PA      | $14548450.00   | 0.10%             | 2054-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SUPERIOR ENERGY SERVICES INC                                                     | SUPERIOR ENERGY SERVICES INC A                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       66115 | NS      | $3897479.25    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| LONDON CLEARING HOUSE                                                            | LCH OIS SOFRV3.75% MAC 12/17/45                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | GB        |   -17503000 | NC      | $343011.02     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC                                                                 | HEALTHEQUITY INC 4.5% 10/01/2029 144A                                                                   | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |     2950000 | PA      | $2860394.34    | 0.02%             | 2029-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP / VICI NOTE CO INC                                            | VICI PROPERTIES LP / VICI NOTE CO INC 3.875% 02/15/2029 144A                                            | CUSIP: 92564RAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6695000 | PA      | $6536587.93    | 0.04%             | 2029-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EMCOR GROUP INC                                                                  | EMCOR GROUP INC                                                                                         | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       45200 | NS      | $29359208.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSOCEAN INC                                                                   | TRANSOCEAN INC 8% 02/01/2027 144A                                                                       | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     3591000 | PA      | $3586007.29    | 0.02%             | 2027-02-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                                            | VENTURE GLOBAL PLAQUE 6.5% 01/15/2034 144A                                                              | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    13790000 | PA      | $14516145.55   | 0.10%             | 2034-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| EG AMERICA LLC                                                                   | EG GROUP TERM B 1LN 02/07/2028                                                                          | CUSIP: N/A<br>LEI: 549300BY1CRYVPEG9R57       | Long             | LON              | CORP              | US        |    19343039 | PA      | $19432790.75   | 0.13%             | 2028-02-07      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| CARVAL CLO XI-C LTD                                                              | CARVAL CLO XI-C LTD E TSFR3M+635 10/20/2037 144A                                                        | CUSIP: 14688TAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      178000 | PA      | $180958.89     | 0.00%             | 2037-10-20      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 2.5% 03/31/2027                                                                               | CUSIP: 91282CEF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     7200000 | PA      | $7078500.00    | 0.05%             | 2027-03-31      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                                              | COINBASE GLOBAL INC 3.625% 10/01/2031 144A                                                              | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |     8370000 | PA      | $7469177.08    | 0.05%             | 2031-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 1.125% 08/31/2028                                                                             | CUSIP: 91282CCV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   339517000 | PA      | $316161944.72  | 2.09%             | 2028-08-31      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3% 10/25/2040                                                            | CUSIP: 3137FXBN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     1874420 | PA      | $1706938.69    | 0.01%             | 2040-10-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 5191 CA 2.5% 04/25/2050                                                  | CUSIP: 3137H5MS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     1476547 | PA      | $1287445.47    | 0.01%             | 2050-04-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.875% 12/15/2030 144A                                                                    | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    21975000 | PA      | $22769066.63   | 0.15%             | 2030-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| WH BORROWER LLC                                                                  | WHP TERM B 1LN 02/20/2032                                                                               | CUSIP: 92942LAG6<br>LEI: 2549009H920CQUE3R944 | Long             | LON              | CORP              | US        |    12290000 | PA      | $12288033.60   | 0.08%             | 2032-02-20      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.75% 02/15/2045                                                                              | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    54530000 | PA      | $54870812.50   | 0.36%             | 2045-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| Fidelity Hanover Street Trust                                                    | Fidelity Emerging Markets Debt Central Fund                                                             | CUSIP: 315808600<br>LEI: 13LNM41WRMGAYS9Y7N22 | Long             | EC               | RF                | US        |   280211489 | NS      | $2353776504.98 | 15.55%            |  |  |  | No            |                  1 | On Loan: No      |
| CROTON PK CLO LTD                                                                | CROTON PK CLO LTD E TSFR3M+555 10/15/2036 144A                                                          | CUSIP: 22779DAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2231000 | PA      | $2248627.13    | 0.01%             | 2036-10-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| CHS/CMNTY HEALTH SYSTEMS INC                                                     | CHS/CMNTY HEALTH SYSTEMS INC 10.875% 01/15/2032 144A                                                    | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     8565000 | PA      | $9071165.81    | 0.06%             | 2032-01-15      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | TRANSOCEAN INC 8.25% 05/15/2029 144A                                                                    | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     1955000 | PA      | $1921829.69    | 0.01%             | 2029-05-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 3.875% 02/15/2032 144A                                                                   | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |      582000 | PA      | $536336.51     | 0.00%             | 2032-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NVENT ELECTRIC PLC                                                               | NVENT ELECTRIC PLC                                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      114000 | NS      | $11244960.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TEVA PHARMACEUTICAL FIN NETH III B V                                             | TEVA PHARMACEUTICAL FIN NETH III B V 4.75% 05/09/2027                                                   | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     1681000 | PA      | $1678647.78    | 0.01%             | 2027-05-09      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.653% 08/25/2026                                                        | CUSIP: 3137BSP72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    22360000 | PA      | $22098106.26   | 0.15%             | 2026-08-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ELDORADO GOLD CORP NEW                                                           | ELDORADO GOLD CORP NEW 6.25% 09/01/2029 144A                                                            | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |     4225000 | PA      | $4240907.13    | 0.03%             | 2029-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                                                            | NABORS INDUSTRIES LTD 7.5% 01/15/2028 144A                                                              | CUSIP: 629571AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     5660000 | PA      | $5655917.44    | 0.04%             | 2028-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                                                         | MSCI INC 4% 11/15/2029 144A                                                                             | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     1920000 | PA      | $1875839.37    | 0.01%             | 2029-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT K737 A2 2.525% 10/25/2026                                                | CUSIP: 3137FQXJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    30500000 | PA      | $30082897.25   | 0.20%             | 2026-10-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| VS BUYER LLC                                                                     | VEEAM SOFTWARE TERM B 1LN 04/14/2031                                                                    | CUSIP: 91834WAG5<br>LEI: 254900G5QLDMHSCYJK25 | Long             | LON              | CORP              | US        |    15944733 | PA      | $15899927.93   | 0.11%             | 2031-04-14      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER                           | ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 5.875% 11/01/2029 144A                           | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4180000 | PA      | $4158202.14    | 0.03%             | 2029-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                    | ECHOSTAR CORP CL A                                                                                      | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |      338100 | NS      | $25817316.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| ALCOA NEDERLAND HOLDING BV                                                       | ALCOA NEDERLAND HOLDING BV 7.125% 03/15/2031 144A                                                       | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     2135000 | PA      | $2244273.57    | 0.01%             | 2031-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC                       | UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 6.5% 02/15/2029 144A                         | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5660000 | PA      | $5315504.67    | 0.04%             | 2029-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HLDGS INC                                                              | SCIH SALT HLDGS INC 4.875% 05/01/2028 144A                                                              | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3770000 | PA      | $3684074.91    | 0.02%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                                              | HUDBAY MINERALS INC 4.5% 04/01/2026 144A                                                                | CUSIP: 443628AJ1<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |     3600000 | PA      | $3589105.68    | 0.02%             | 2026-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GOLDENTREE LOAN MANAGEMENT US CLO 7 LTD                                          | GOLDENTREE LOAN MANAGEMENT US CLO 7 LTD ERR TSFR3M+525 04/20/2034 144A                                  | CUSIP: 38138MAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      357000 | PA      | $357666.52     | 0.00%             | 2034-04-20      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| ALGOMA STEEL SCA                                                                 | ALGOMA STEEL SCA                                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | LU        |      151792 | NS      | $1.52          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK INC 6.5% 09/01/2030 144A                                                                          | CUSIP: 682680CR2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     8635000 | PA      | $9278861.18    | 0.06%             | 2030-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                                                       | GRIFOLS SA 4.75% 10/15/2028 144A                                                                        | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |     2795000 | PA      | $2714957.01    | 0.02%             | 2028-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 2% 01/20/2051#MA7135                                                                            | CUSIP: 36179V4U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     9831027 | PA      | $8138641.61    | 0.05%             | 2051-01-20      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| FLAT 2025-30A                                                                    | FLAT 2025-30A D2 TSFR3M+410 04/15/2038 144A                                                             | CUSIP: 33882MAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      460000 | PA      | $464069.16     | 0.00%             | 2038-04-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HLDGS INC 4.5% 09/15/2031 144A                                                                     | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    12110000 | PA      | $11313758.18   | 0.07%             | 2031-09-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC                                                      | ASBURY AUTOMOTIVE GROUP INC 4.5% 03/01/2028                                                             | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     1987000 | PA      | $1962701.77    | 0.01%             | 2028-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC                                         | CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC 5.5% 06/15/2031 144A                                           | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    12715000 | PA      | $12596805.17   | 0.08%             | 2031-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 7.875% 04/15/2027 144A                                                                   | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     1197000 | PA      | $1202233.28    | 0.01%             | 2027-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| PROJECT ALPHA INTERMEDIATE HOLDING INC                                           | QLIK TERM B 1LN 10/26/2030                                                                              | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     6030645 | PA      | $6044334.76    | 0.04%             | 2030-10-26      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP / VICI NOTE CO INC                                            | VICI PROPERTIES LP / VICI NOTE CO INC 4.25% 12/01/2026 144A                                             | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    12650000 | PA      | $12601656.00   | 0.08%             | 2026-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 21-85 L 2.5% 08/25/2048                                                  | CUSIP: 3136BKJA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     1090840 | PA      | $974940.05     | 0.01%             | 2048-08-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC HOLDINGS LLC 4.5% 11/15/2031 144A                                                                   | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    14965000 | PA      | $9731370.46    | 0.06%             | 2031-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                                                  | MADISON IAQ LLC 4.125% 06/30/2028 144A                                                                  | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |     5345000 | PA      | $5216508.87    | 0.03%             | 2028-06-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BELLRING BRANDS INC                                                              | BELLRING BRANDS INC 7% 03/15/2030 144A                                                                  | CUSIP: 07831CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6925000 | PA      | $7151662.18    | 0.05%             | 2030-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CHS/CMNTY HEALTH SYSTEMS INC                                                     | CHS/CMNTY HEALTH SYSTEMS INC 6.125% 04/01/2030 144A                                                     | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    10110000 | PA      | $7333128.96    | 0.05%             | 2030-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP                                                                 | BOYD GAMING CORP 4.75% 06/15/2031 144A                                                                  | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |     7140000 | PA      | $6883003.55    | 0.05%             | 2031-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 5.75% 01/15/2028                                                                         | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    19350000 | PA      | $19391633.27   | 0.13%             | 2028-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4% 07/31/2032                                                                                 | CUSIP: 91282CNR8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     5030000 | PA      | $5053578.13    | 0.03%             | 2032-07-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                    | ECHOSTAR CORP PIPE                                                                                      | CUSIP: N/A<br>LEI: 549300EE20907QZ9GT38       | Long             | EC               | CORP              | US        |      205059 | NS      | $15658305.24   | 0.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                                                         | LCM INVESTMENTS HOLDINGS 8.25% 08/01/2031 144A                                                          | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     3345000 | PA      | $3537685.38    | 0.02%             | 2031-08-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| MAGNETITE XXIX LTD                                                               | MAGNETITE XXIX LTD ER TSFR3M+600 07/15/2037 144A                                                        | CUSIP: 55955JAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      395000 | PA      | $398671.13     | 0.00%             | 2037-07-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| WEEKLEY HOMES LLC / WEEKLEY FIN CORP                                             | WEEKLEY HOMES LLC / WEEKLEY FIN CORP 4.875% 09/15/2028 144A                                             | CUSIP: 948565AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3045000 | PA      | $2981409.44    | 0.02%             | 2028-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                                                            | ON SEMICONDUCTOR CORP 3.875% 09/01/2028 144A                                                            | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |     6765000 | PA      | $6565510.97    | 0.04%             | 2028-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 11/15/2027                                                                             | CUSIP: 91282CLX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    52510000 | PA      | $53045355.73   | 0.35%             | 2027-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.25% 01/15/2028                                                                              | CUSIP: 91282CMF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    97240000 | PA      | $98565654.44   | 0.65%             | 2028-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                                                          | VZ SECURED FINANCING BV 5% 01/15/2032 144A                                                              | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    11130000 | PA      | $10069513.57   | 0.07%             | 2032-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM,G.B. and N.IRELAND                                                | UNITED KINGDOM G.B. and N.IRELAND 0.125% 01/30/2026 REGS                                                | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |    15130000 | PA      | $20134699.71   | 0.13%             | 2026-01-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 5% 05/15/2045                                                               | CUSIP: 912810UL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    17600000 | PA      | $18276500.00   | 0.12%             | 2045-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SYSTIMA CAPITAL MANAGEMENT LLC                                                   | US BANK C and L CREDIT-LINKED NOTES SERIES 25-SUP2 E TSFR1M+400 08/31/2032 144A                         | CUSIP: 90355PAF3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      250000 | PA      | $249995.75     | 0.00%             | 2032-09-25      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                                                    | SYNAPTICS INC 4% 06/15/2029 144A                                                                        | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |     3500000 | PA      | $3348983.05    | 0.02%             | 2029-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MOSS CREEK RES HLDGS INC                                                         | MOSS CREEK RES HLDGS INC 8.25% 09/01/2031 144A                                                          | CUSIP: 61965RAC9<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |     2605000 | PA      | $2552661.38    | 0.02%             | 2031-09-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| SPAIN, KINGDOM OF                                                                | SPAIN KINGDOM OF 3.15% 04/30/2035 144A REGS                                                             | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |    56024000 | PA      | $65520428.09   | 0.43%             | 2035-04-30      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                         | NORTHERN OIL AND GAS INC 8.75% 06/15/2031 144A                                                          | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |     5510000 | PA      | $5692353.45    | 0.04%             | 2031-06-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                              | SIRIUS XM RADIO INC 3.875% 09/01/2031 144A                                                              | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     5645000 | PA      | $5115886.25    | 0.03%             | 2031-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GARNET CLO 2025-1 LTD                                                            | GARNET CLO 2025-1 LTD E TSFR3M+625 07/20/2037 144A                                                      | CUSIP: 36626BAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      218000 | PA      | $222689.18     | 0.00%             | 2037-07-20      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| PROOFPOINT INC                                                                   | PROOFPOINT TERM B 1LN 08/31/2028                                                                        | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |    37113182 | PA      | $37210047.64   | 0.25%             | 2028-08-31      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| PG and E CORP                                                                    | PG and E CORP 5% 07/01/2028                                                                             | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    13615000 | PA      | $13488979.29   | 0.09%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4% 07/31/2029                                                                                 | CUSIP: 91282CLC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     2580000 | PA      | $2608464.88    | 0.02%             | 2029-07-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ARES MANAGEMENT CORP                                                             | ARES MANAGEMENT CORP CL A                                                                               | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |       41400 | NS      | $6619446.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VMED O2 UK FINANCING I PLC                                                       | VMED O2 UK FINANCING I PLC 4.75% 07/15/2031 144A                                                        | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     9930000 | PA      | $9344117.09    | 0.06%             | 2031-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                                              | MEDLINE TERM B 1LN 10/23/2028                                                                           | CUSIP: 58503UAH6<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |     9625749 | PA      | $9625171.49    | 0.06%             | 2028-10-23      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                             | UMBS 30YR 3% 10/01/2055 #TBA                                                                            | CUSIP: 01F0306A1<br>LEI: N/A                  | Short            | ABS-MBS          | USGA              | US        |   -36600000 | PA      | $-32146522.98  | -0.21%            | 2055-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 20YR 2% 11/01/2041#CB2110                                                                          | CUSIP: 3140QMKY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     3842100 | PA      | $3333773.28    | 0.02%             | 2041-11-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.625% 09/30/2028                                                                             | CUSIP: 91282CJA0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    21630000 | PA      | $22238343.75   | 0.15%             | 2028-09-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLOOMIN BRANDS INC / OSI RESTAURANT PARTNERS LLC                                 | BLOOMIN BRANDS INC / OSI RESTAURANT PARTNERS LLC 5.125% 04/15/2029 144A                                 | CUSIP: 094234AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2720000 | PA      | $2364895.57    | 0.02%             | 2029-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERMANY FEDERAL REPUBLIC OF                                                      | GERMANY FEDERAL REPUBLIC OF 2.4% 04/18/2030 REGS                                                        | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |   207000000 | PA      | $244420902.65  | 1.61%             | 2030-04-18      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 6% 08/01/2055#CC0868                                                                          | CUSIP: 3140Y66E5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     5831137 | PA      | $6044915.52    | 0.04%             | 2055-08-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PUREWEST ENERGY LLC                                                              | PUREWEST ENERGY LLC                                                                                     | CUSIP: N/A<br>LEI: 5493005THBS2A4IJDY87       | Long             | EC               | CORP              | US        |       10774 | NS      | $2422.00       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| UNIT CORP                                                                        | UNIT CORP ESCROW 0% 12/01/2029                                                                          | CUSIP: N/A<br>LEI: 549300XGK22FZCTN8B67       | Long             | DBT              | CORP              | US        |     1660000 | PA      | $0.17          | 0.00%             | 2029-12-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                             | UMBS 30YR 2.5% 10/01/2055 #TBA                                                                          | CUSIP: 01F0226A8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    32275000 | PA      | $27189166.82   | 0.18%             | 2055-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PBF HLDG CO LLC / PBF FIN CORP                                                   | PBF HLDG CO LLC / PBF FIN CORP 6% 02/15/2028                                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    15760000 | PA      | $15663151.33   | 0.10%             | 2028-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 6% 06/01/2053#CB6538                                                                          | CUSIP: 3140QSHQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     3741429 | PA      | $3872457.54    | 0.03%             | 2053-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM PARTNERS LP                                                       | HESS MIDSTREAM PARTNERS LP 4.25% 02/15/2030 144A                                                        | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4590000 | PA      | $4448801.04    | 0.03%             | 2030-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC               | FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC 4.625% 01/15/2029 144A               | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11750000 | PA      | $11182922.68   | 0.07%             | 2029-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | CLEVELAND-CLIFFS INC 7.5% 09/15/2031 144A                                                               | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     9035000 | PA      | $9312700.03    | 0.06%             | 2031-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | TENET HEALTHCARE CORP                                                                                   | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |       36700 | NS      | $7451568.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PORTLAND GENERAL ELECTRIC CO                                                     | PORTLAND GENERAL ELECTRIC CO                                                                            | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |       13962 | NS      | $614328.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KLOECKNER PENTAPLAST OF AMERICA INC                                              | KLOECKNER PENTAPLAST TERM B 1LN 2/12/2026                                                               | CUSIP: 49865NAT7<br>LEI: 529900H8J1B7UA1CG794 | Long             | LON              | CORP              | US        |      766000 | PA      | $368162.58     | 0.00%             | 2026-02-12      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.875% 11/30/2027                                                                             | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    14110000 | PA      | $14184408.24   | 0.09%             | 2027-11-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                                                               | MURPHY OIL USA INC 4.75% 09/15/2029                                                                     | CUSIP: 626738AE8<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |     4155000 | PA      | $4097177.36    | 0.03%             | 2029-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | SALESFORCE INC                                                                                          | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       37200 | NS      | $8816400.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GNMA GUARANTEED PASS THRU CERT                                                   | GNMA II 2.5% 09/20/2051#785616                                                                          | CUSIP: 3622ABDV1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     3125466 | PA      | $2668556.90    | 0.02%             | 2051-09-20      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                    | ECHOSTAR CORP CPIK 3.875% 11/30/2030                                                                    | CUSIP: 278768AB2<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    18687421 | PA      | $45971055.66   | 0.30%             | 2030-11-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIATION HOLDINGS INC                                                     | SPIRIT AVIATION HOLDINGS INC                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       32618 | NS      | $12394.84      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MACQUARIE AIRFINANCE HOLDINGS LTD                                                | MACQUARIE AIRFINANCE HOLDINGS LTD 6.5% 03/26/2031 144A                                                  | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |     2760000 | PA      | $2956523.67    | 0.02%             | 2031-03-26      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                    | ECHOSTAR CORP PIK VAR 11/30/2030                                                                        | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    21074568 | PA      | $21726825.88   | 0.14%             | 2030-11-30      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                     | Fidelity Cash Central Fund                                                                              | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  1103646592 | NS      | $1103867320.86 | 7.29%             |  |  |  | No            |                  1 | On Loan: No      |
| IES HOLDINGS INC                                                                 | IES HOLDINGS INC                                                                                        | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |       26900 | NS      | $10696785.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 5.25% 05/15/2027                                                          | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    18665000 | PA      | $18346691.01   | 0.12%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DAVITA INC 3.75% 02/15/2031 144A                                                                        | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     2075000 | PA      | $1900488.85    | 0.01%             | 2031-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES PLC                                                           | TRANE TECHNOLOGIES PLC                                                                                  | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |       33500 | NS      | $14135660.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ELAH HOLDINGS INC                                                                | ELAH HOLDINGS INC                                                                                       | CUSIP: 28413L105<br>LEI: 549300QGHCFUEGYWKU13 | Long             | EC               | CORP              | US        |         517 | NS      | $8699.46       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                            | MOLINA HEALTHCARE INC 3.875% 11/15/2030 144A                                                            | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     6345000 | PA      | $5871572.27    | 0.04%             | 2030-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                                                        | CROCS INC 4.125% 08/15/2031 144A                                                                        | CUSIP: 227046AB5<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     2820000 | PA      | $2583535.95    | 0.02%             | 2031-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                                                             | CITGO PETROLEUM CORP 6.375% 06/15/2026 144A                                                             | CUSIP: 17302XAM8<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |     4665000 | PA      | $4664736.43    | 0.03%             | 2026-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC        | ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC 4% 09/01/2029 144A            | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6050000 | PA      | $5597706.84    | 0.04%             | 2029-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| X.AI LLC / X.AI CO ISSUER CO                                                     | X.AI LLC / X.AI CO ISSUER CO 12.5% 06/30/2030                                                           | CUSIP: 983984AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    36300000 | PA      | $38067737.40   | 0.25%             | 2030-06-30      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC                                                                     | ACRISURE TERM B6 1LN 11/06/2030                                                                         | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |     5105292 | PA      | $5090945.68    | 0.03%             | 2030-11-06      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | BLOCK INC CL A                                                                                          | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |      143100 | NS      | $10341837.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BIRCH GROVE CLO 12 LTD                                                           | BIRCH GROVE CLO 12 LTD D1 TSFR3M+275 04/22/2038 144A                                                    | CUSIP: 09090MAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      716000 | PA      | $719047.30     | 0.00%             | 2038-04-22      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD                                                  | TAIWAN SEMIC MFG CO LTD SP ADR                                                                          | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      118900 | NS      | $33207581.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 5.125% 07/15/2029 144A                                                                 | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    42745000 | PA      | $36504230.00   | 0.24%             | 2029-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                         | NORTHERN OIL AND GAS INC 7.875% 10/15/2033 144A                                                         | CUSIP: 665531AL3<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |     4990000 | PA      | $4970255.97    | 0.03%             | 2033-10-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP REC 3.8 08/10/26                                                                              | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |     5250000 | NC      | $158152.89     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP LLC                                                         | BASS PRO TERM B 1LN 01/23/2032                                                                          | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |     2864797 | PA      | $2861215.67    | 0.02%             | 2032-01-23      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| PINTEREST INC                                                                    | PINTEREST INC CL A                                                                                      | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      159447 | NS      | $5129409.99    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXUS BUYER LLC                                                                  | INTRAFI NETWORK TERM B 1LN 07/31/2031                                                                   | CUSIP: 65343UAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     8125000 | PA      | $8119962.50    | 0.05%             | 2031-07-31      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.57% 07/25/2026                                                         | CUSIP: 3137BRQJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    16563681 | PA      | $16380279.86   | 0.11%             | 2026-07-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| APPLIED SYS INC                                                                  | APPLIED SYSTEMS TERM 2LN 02/23/2032                                                                     | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |       95000 | PA      | $97038.70      | 0.00%             | 2032-02-23      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAIN SYS INC DEL                                                       | ADVANCED DRAIN SYS INC DEL 6.375% 06/15/2030 144A                                                       | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |     2780000 | PA      | $2829236.58    | 0.02%             | 2030-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BROWN BROTHERS HARRIMAN and CO.                                                  | FX Forward: USD/SGD settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: 5493006KMX1VFTPYPW14       | N/A              | DFE              | CORP              | US        |           1 | NC      | $116453.87     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 2.625% 05/31/2027                                                                             | CUSIP: 91282CET4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       90000 | PA      | $88509.38      | 0.00%             | 2027-05-31      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 10/31/2027                                                                             | CUSIP: 91282CFU0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     8800000 | PA      | $8889375.00    | 0.06%             | 2027-10-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PENHALL ACQUISITION COMPANY                                                      | PENHALL ACQUISITION CMPNY SHAREHOLDERS REPRESENTATIVE ESCROW LINE                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       15403 | NS      | $0.15          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | USTN TII 2.375% 02/15/2055                                                                              | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     5590000 | PA      | $5592629.31    | 0.04%             | 2055-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| USI INC                                                                          | USI INC 7.5% 01/15/2032 144A                                                                            | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |     3540000 | PA      | $3712321.39    | 0.02%             | 2032-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | MINERAL RESOURCES LTD 8.5% 05/01/2030 144A                                                              | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     8767000 | PA      | $9118995.05    | 0.06%             | 2030-05-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| NEOGEN FOOD SAFETY CORP                                                          | NEOGEN FOOD SAFETY CORP 8.625% 07/20/2030 144A                                                          | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2545000 | PA      | $2661354.86    | 0.02%             | 2030-07-20      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                                    | TOPBUILD CORP                                                                                           | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |       58100 | NS      | $22708966.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS-SONOMA INC                                                              | WILLIAMS-SONOMA INC                                                                                     | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |       48000 | NS      | $9381600.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                                              | MSCS SWAP REC 3.853 09/16/30                                                                            | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              | CORP              | US        |    16900000 | NC      | $531892.01     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FHMS K059 A2 CSTR 09/25/2026                                                                            | CUSIP: 3137BSRE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     2499163 | PA      | $2478124.85    | 0.02%             | 2026-09-25      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTL INC                                                       | GRAPHIC PACKAGING INTL INC 3.75% 02/01/2030 144A                                                        | CUSIP: 38869AAD9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     3585000 | PA      | $3351030.53    | 0.02%             | 2030-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MGIC INVESTMENT CORP                                                             | MGIC INVESTMENT CORP 5.25% 08/15/2028                                                                   | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |     4725000 | PA      | $4715861.33    | 0.03%             | 2028-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                       | FIRST QUANTUM MINERALS LTD 7.25% 02/15/2034 144A                                                        | CUSIP: 335934AX3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     3580000 | PA      | $3701551.74    | 0.02%             | 2034-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 20YR 3% 10/01/2040#FM7397                                                                          | CUSIP: 3140XBGF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     3301556 | PA      | $3083297.07    | 0.02%             | 2040-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FIN NETH III B V                                             | TEVA PHARMACEUTICAL FIN NETH III B V 5.125% 05/09/2029                                                  | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     2775000 | PA      | $2789743.38    | 0.02%             | 2029-05-09      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GNMA GUARANTEED PASS THRU CERT                                                   | GNMA II 2.5% 08/20/2051#785575                                                                          | CUSIP: 3622ABCL4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     3550644 | PA      | $3031578.40    | 0.02%             | 2051-08-20      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                              | ACRISURE LLC / ACRISURE FINANCE INC 6% 08/01/2029 144A                                                  | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4230000 | PA      | $4169794.88    | 0.03%             | 2029-08-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| APPLIED SYS INC                                                                  | APPLIED SYSTEMS TERM B2 1LN 02/24/2031                                                                  | CUSIP: 03827FBD2<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |     5105633 | PA      | $5107062.75    | 0.03%             | 2031-02-24      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                                                      | WAYFAIR LLC 7.25% 10/31/2029 144A                                                                       | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |     5635000 | PA      | $5809914.06    | 0.04%             | 2029-10-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 0.375% 01/31/2026                                                                             | CUSIP: 91282CBH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    13900000 | PA      | $13734557.47   | 0.09%             | 2026-01-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.5% 09/25/2051                                                          | CUSIP: 3137H6XY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     5353893 | PA      | $5247763.43    | 0.03%             | 2051-09-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SHEA HOMES LTD PARTNERSHIP / SHEA HOMES FDG CORP                                 | SHEA HOMES LTD PARTNERSHP/CORP 4.75% 04/01/2029                                                         | CUSIP: 82088KAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4830000 | PA      | $4729148.15    | 0.03%             | 2029-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                                                           | OPEN TEXT HOLDINGS INC 4.125% 12/01/2031 144A                                                           | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2490000 | PA      | $2302738.55    | 0.02%             | 2031-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP REC 3.95 04/29/30                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    12870000 | NC      | $443345.50     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTRACKER INC                                                                   | NEXTRACKER INC CL A                                                                                     | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      177900 | NS      | $13162821.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SCRIPPS ESCROW II INC                                                            | SCRIPPS ESCROW II INC 3.875% 01/15/2029 144A                                                            | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1655000 | PA      | $1458027.63    | 0.01%             | 2029-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER                           | ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 7% 01/15/2031 144A                               | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4590000 | PA      | $4742517.71    | 0.03%             | 2031-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION ENERGY CORP                                                        | CONSTELLATION ENERGY CORP                                                                               | CUSIP: 21037T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       78800 | NS      | $25930716.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRE GLBL INC                                                                   | SABRE GLBL INC 11.125% 07/15/2030 144A                                                                  | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    13975000 | PA      | $13534088.75   | 0.09%             | 2030-07-15      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.5% 11/25/2047                                                          | CUSIP: 3137H5F77<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     1284469 | PA      | $1163797.39    | 0.01%             | 2047-11-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 SARL / ALLIED UNIVERSAL HOLDCO LLC / ALLIED UNIVERSAL FINANCE CORP | ATLAS LUXCO 4 SARL / ALLIED UNIVERSAL HOLDCO LLC / ALLIED UNIVERSAL FINANCE CORP 4.625% 06/01/2028 144A | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3736000 | PA      | $3663383.67    | 0.02%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CA MAGNUM HOLDINGS                                                               | CA MAGNUM HOLDINGS 5.375% 10/31/2026 144A                                                               | CUSIP: 12674CAA1<br>LEI: 549300ZRDHFR078MFZ78 | Long             | DBT              | CORP              | MU        |     2230000 | PA      | $2219128.75    | 0.01%             | 2026-10-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LSB INDUSTRIES INC                                                               | LSB INDUSTRIES INC 6.25% 10/15/2028 144A                                                                | CUSIP: 502160AN4<br>LEI: 5493001H215A0HG0MI71 | Long             | DBT              | CORP              | US        |     9723000 | PA      | $9591469.20    | 0.06%             | 2028-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SOUTHERN NAT GAS CO LLC                                                          | SOUTHERN NAT GAS CO LLC 7.35% 02/15/2031                                                                | CUSIP: 843452AY9<br>LEI: 254900KDLS1X42SY7037 | Long             | DBT              | CORP              | US        |    14890000 | PA      | $16567683.25   | 0.11%             | 2031-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIALS INC                                                    | MARTIN MARIETTA MATERIALS INC                                                                           | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |       10000 | NS      | $6302800.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINET GROUP INC                                                                 | TRINET GROUP INC 3.5% 03/01/2029 144A                                                                   | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |     4545000 | PA      | $4251090.76    | 0.03%             | 2029-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 5.375% 11/15/2029                                                                  | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     5560000 | PA      | $5496964.61    | 0.04%             | 2029-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ROLLER BEARING CO OF AMERICA                                                     | ROLLER BEARING CO OF AMERICA 4.375% 10/15/2029 144A                                                     | CUSIP: 775631AD6<br>LEI: 254900U9XW6S76H2P167 | Long             | DBT              | CORP              | US        |     2015000 | PA      | $1957059.48    | 0.01%             | 2029-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| KEHE DIST/FIN / NEXTWAVE                                                         | KEHE DIST/FIN / NEXTWAVE 9% 02/15/2029 144A                                                             | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    14850000 | PA      | $15624472.05   | 0.10%             | 2029-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA GTD MTG PASS THRU CTF SOFR30A+120 02/25/2055                                                       | CUSIP: 3136BUVN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     6517446 | PA      | $6536791.58    | 0.04%             | 2055-02-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA HOLDINGS LLC                                              | SCIL IV LLC / SCIL USA HOLDINGS LLC 5.375% 11/01/2026 144A                                              | CUSIP: 78397UAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6435000 | PA      | $6429809.53    | 0.04%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AHLSTROM HOLDING 3 OY                                                            | AHLSTROM TERM B 1LN 5/23/2030                                                                           | CUSIP: 78475BAB3<br>LEI: 743700UEY0YM039XN974 | Long             | LON              | CORP              | FI        |     4140000 | PA      | $4134825.00    | 0.03%             | 2030-05-23      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 3.375% 02/15/2029 144A                                                                   | CUSIP: 629377CQ3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     3080000 | PA      | $2911578.82    | 0.02%             | 2029-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                                    | COREWEAVE INC 9.25% 06/01/2030 144A                                                                     | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    20545000 | PA      | $21218752.73   | 0.14%             | 2030-06-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS HOLDING CO                                            | MAUSER PACKAGING SOLUTIONS HOLDING CO 7.875% 04/15/2027 144A                                            | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |     2815000 | PA      | $2842595.45    | 0.02%             | 2027-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                                                        | CROCS INC 4.25% 03/15/2029 144A                                                                         | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     4325000 | PA      | $4144777.25    | 0.03%             | 2029-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA GTD MTG PASS THRU CTF SOFR30A+115 02/25/2055                                                       | CUSIP: 3136BUWD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     2791827 | PA      | $2796519.08    | 0.02%             | 2055-02-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA CORP                                                                                                | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       18700 | NS      | $20169820.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 7% 03/31/2034 144A                                                                | CUSIP: 527298CN1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    18025000 | PA      | $18336996.35   | 0.12%             | 2034-03-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| EP ENERGY CORP                                                                   | EP ENERGY CORP ESCROW                                                                                   | CUSIP: N/A<br>LEI: 549300Z6HPQS1H5IYQ07       | Long             | EC               | CORP              | US        |      611545 | NS      | $966241.10     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| MGM RESORTS INTERNATIONAL                                                        | MGM RESORTS INTERNATIONAL 4.75% 10/15/2028                                                              | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     6740000 | PA      | $6687471.81    | 0.04%             | 2028-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                                                       | ARCOSA INC 4.375% 04/15/2029 144A                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |     4130000 | PA      | $4015954.59    | 0.03%             | 2029-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AIR CANADA INC                                                                   | AIR CANADA INC 3.875% 08/15/2026 144A                                                                   | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |     4230000 | PA      | $4191610.21    | 0.03%             | 2026-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP PAY 3.8 08/10/26                                                                              | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |     5250000 | NC      | $117079.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                                                 | HF SINCLAIR CORP 5% 02/01/2028                                                                          | CUSIP: 403949AQ3<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |     4350000 | PA      | $4359271.24    | 0.03%             | 2028-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOUCAN FINCO LTD/TOUCAN FINCO CAN INC/TOUCAN FINCO US LLC                        | TOUCAN FINCO LTD/TOUCAN FINCO CAN INC/TOUCAN FINCO US LLC 9.5% 05/15/2030 144A                          | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     4165000 | PA      | $4094444.90    | 0.03%             | 2030-05-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP/ TARGA RESOURCES PARTNERS FIN                        | TARGA RES P LP/TARGA RES P FIN 4.875% 02/01/2031                                                        | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6345000 | PA      | $6363532.16    | 0.04%             | 2031-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC           | ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC 4.625% 01/15/2027 144A           | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    13797000 | PA      | $13710295.51   | 0.09%             | 2027-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                    | FHLG 20YR 2.5% 02/01/2042#SC0248                                                                        | CUSIP: 3132D9HZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     2166427 | PA      | $1942110.75    | 0.01%             | 2042-02-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                                                          | JANE STREET GRP/JSG FIN 4.5% 11/15/2029 144A                                                            | CUSIP: 47077WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3985000 | PA      | $3890276.87    | 0.03%             | 2029-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CARLYLE US CLO 2024-6 LTD                                                        | CARLYLE US CLO 2024-6 LTD E TSFR3M+575 10/25/2037 144A                                                  | CUSIP: 14319QAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      468000 | PA      | $472609.80     | 0.00%             | 2037-10-25      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP / GLP FIN CORP                                                | GLOBAL PARTNERS LP / GLP FIN CORP 7.125% 07/01/2033 144A                                                | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2395000 | PA      | $2454834.29    | 0.02%             | 2033-07-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.5% 11/25/2047                                                          | CUSIP: 3137H5KC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     4636412 | PA      | $4224837.41    | 0.03%             | 2047-11-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                                                        | PIKE CORP 8.625% 01/31/2031 144A                                                                        | CUSIP: 721283AB5<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |     6710000 | PA      | $7198132.37    | 0.05%             | 2031-01-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| YUM BRANDS INC                                                                   | YUM BRANDS INC 4.625% 01/31/2032                                                                        | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     5905000 | PA      | $5737394.25    | 0.04%             | 2032-01-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BBAM US CLO III LTD                                                              | BBAM US CLO III LTD DR TSFR3M+ 10/15/2038 144A                                                          | CUSIP: 054972AE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      404000 | PA      | $404000.00     | 0.00%             | 2038-10-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL 5.375%/VAR PERP                                                                    | CUSIP: 281020AS6<br>LEI: 549300I7ROF15MAEVP56 | Long             | EP               | CORP              | US        |    14352000 | PA      | $13933925.09   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 6% 11/01/2053#FS6498                                                                          | CUSIP: 3140XNGG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      826055 | PA      | $849903.75     | 0.01%             | 2053-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                                                   | CVR ENERGY INC 5.75% 02/15/2028 144A                                                                    | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    24505000 | PA      | $24128272.38   | 0.16%             | 2028-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SHOPIFY INC                                                                      | SHOPIFY INC CL A                                                                                        | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |      103100 | NS      | $15317206.29   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLES RIVER LABORATORIES INTERNATIONAL INC                                     | CHARLES RIVER LABS INTL INC 4.25% 05/01/2028 144A                                                       | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |     2045000 | PA      | $2000116.54    | 0.01%             | 2028-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SPIN HOLDCO INC                                                                  | CSC SERVICEWORKS TERM B 1LN 03/04/2028                                                                  | CUSIP: 84850XAK8<br>LEI: 549300QAS44U2GUXGK45 | Long             | LON              | CORP              | US        |    15276383 | PA      | $12739433.74   | 0.08%             | 2028-03-04      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| 1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC                             | 1011778 BC ULC/NEW RED FIN INC 3.875% 01/15/2028 144A                                                   | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     5685000 | PA      | $5548836.29    | 0.04%             | 2028-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OCP CLO 2017-14 LTD                                                              | OCP CLO 2017-14 LTD ER TSFR3M+655 07/20/2037 144A                                                       | CUSIP: 67097TAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      553000 | PA      | $555429.88     | 0.00%             | 2037-07-20      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| ARISTA NETWORKS INC                                                              | ARISTA NETWORKS INC                                                                                     | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      136800 | NS      | $19933128.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| KLOECKNER PENTAPLAST OF AMERICA INC                                              | KLOECKNER PENTAPLAST OF AMERICA INC TERM 1ST LIEN AE TL 10/27/2025                                      | CUSIP: N/A<br>LEI: 529900H8J1B7UA1CG794       | Long             | LON              | CORP              | US        |       76941 | PA      | $76940.61      | 0.00%             | 2025-10-27      | Variable      | 0.14%                 | No            |                  3 | On Loan: No      |
| ABG INTERMEDIATE HLDGS 2 LLC                                                     | AUTHENTIC BRANDS TERM B 1LN 2/13/2032                                                                   | CUSIP: 00076VBM1<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |     8188850 | PA      | $8171817.19    | 0.05%             | 2032-02-13      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP REC 4.065 05/02/30                                                                            | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    16580000 | NC      | $614371.07     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC               | FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC 6.75% 01/15/2030 144A                | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    15885000 | PA      | $14907005.50   | 0.10%             | 2030-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                                                         | ALLISON TRANSMISSION INC 5.875% 06/01/2029 144A                                                         | CUSIP: 019736AF4<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |     4830000 | PA      | $4870195.26    | 0.03%             | 2029-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE GRO CO (THE)                                                      | SCOTTS MIRACLE GRO CO (THE) 4% 04/01/2031                                                               | CUSIP: 810186AX4<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |     5930000 | PA      | $5472442.39    | 0.04%             | 2031-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                                                                | GEO GROUP INC/THE 10.25% 04/15/2031                                                                     | CUSIP: 36162JAH9<br>LEI: 5493003VOR6NTY465495 | Long             | DBT              | CORP              | US        |     6505000 | PA      | $7157568.59    | 0.05%             | 2031-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 6% 10/01/2055 #TBA                                                                              | CUSIP: 21H0606A4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     8900000 | PA      | $9052481.92    | 0.06%             | 2055-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD                                                                    | VIDEOTRON LTD 5.125% 04/15/2027 144A                                                                    | CUSIP: 92660FAK0<br>LEI: 549300BBCGA0CYX8IL74 | Long             | DBT              | CORP              | CA        |     7325000 | PA      | $7325604.53    | 0.05%             | 2027-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.25% 11/15/2034                                                                              | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    12425000 | PA      | $12565266.57   | 0.08%             | 2034-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BAYARD PK CLO LTD                                                                | BAYARD PK CLO LTD E TSFR3M+635 07/24/2038 144A                                                          | CUSIP: 072716AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      798000 | PA      | $819996.87     | 0.01%             | 2038-07-24      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| BALBOA BAY LN FDG 2025-1 LTD / LLC                                               | BALBOA BAY LN FDG 2025-1 LTD / LLC D2 TSFR3M+415 07/20/2038 144A                                        | CUSIP: 05765FAJ9<br>LEI: 2549005WFJ6KJ4A4P984 | Long             | ABS-CBDO         | CORP              | KY        |      501000 | PA      | $510492.45     | 0.00%             | 2038-07-20      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | EXPAND ENERGY CORP 8% 06/15/2027                                                                        | CUSIP: 165167CZ8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     1240000 | PA      | $0.12          | 0.00%             | 2027-06-15      | Fixed         | 0.08%                 | No            |                  3 | On Loan: No      |
| GNMA GUARANTEED PASS THRU CERT                                                   | GNMA II 2.5% 12/20/2051#785792                                                                          | CUSIP: 3622ABKD3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     4184183 | PA      | $3571193.12    | 0.02%             | 2051-12-20      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                    | FHLG 30YR 5.5% 09/01/2052#SD1579                                                                        | CUSIP: 3132DNXG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     5342509 | PA      | $5447492.03    | 0.04%             | 2052-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NAKED JUICE LLC                                                                  | TROPICANA TERM FLFO 01/24/2029                                                                          | CUSIP: 62984CAK9<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |      530287 | PA      | $532937.96     | 0.00%             | 2029-01-24      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 21-66 DA 2% 01/25/2048                                                   | CUSIP: 3136BG6S5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     1261639 | PA      | $1060196.61    | 0.01%             | 2048-01-25      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 02/15/2027                                                                             | CUSIP: 91282CKA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    81250000 | PA      | $81719726.56   | 0.54%             | 2027-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ANGI GROUP LLC                                                                   | ANGI GROUP LLC 3.875% 08/15/2028 144A                                                                   | CUSIP: 001846AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3385000 | PA      | $3181392.25    | 0.02%             | 2028-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                                                  | ROLLS-ROYCE PLC 5.75% 10/15/2027 144A                                                                   | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |     6560000 | PA      | $6738742.62    | 0.04%             | 2027-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PEX HOLDINGS LLC                                                                 | GEN II FUND SERVICES TERM 1LN 11/26/2031                                                                | CUSIP: 69381MAB1<br>LEI: 2138006XMWHEBFQ55Z05 | Long             | LON              | CORP              | US        |      751225 | PA      | $750909.49     | 0.00%             | 2031-11-26      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.75% 05/15/2028                                                                              | CUSIP: 91282CND9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    52610000 | PA      | $52776542.22   | 0.35%             | 2028-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTERNATIONAL INC                                                   | SERVICE CORP INTERNATIONAL INC 4% 05/15/2031                                                            | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     5750000 | PA      | $5421352.43    | 0.04%             | 2031-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | CLEVELAND-CLIFFS INC 4.875% 03/01/2031 144A                                                             | CUSIP: 185899AL5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     4615000 | PA      | $4308564.00    | 0.03%             | 2031-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                           | MPT OPER PARTNERSHIP LP/CORP 3.5% 03/15/2031                                                            | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6700000 | PA      | $4926187.73    | 0.03%             | 2031-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                    | FHLG 20YR 2.5% 05/01/2041#SC0237                                                                        | CUSIP: 3132D9HN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     4633708 | PA      | $4180578.46    | 0.03%             | 2041-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| EAGLE MATLS INC                                                                  | EAGLE MATERIALS INC                                                                                     | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |       48600 | NS      | $11325744.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HLDGS INC 5.5% 12/15/2029 144A                                                                     | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    11940000 | PA      | $11892337.91   | 0.08%             | 2029-12-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 21-96 HA 2.5% 02/25/2050                                                 | CUSIP: 3136BKWX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     1749900 | PA      | $1539236.93    | 0.01%             | 2050-02-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | MICRON TECHNOLOGY INC                                                                                   | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       48900 | NS      | $8181948.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CO LLC                                                   | NISSAN MOTOR ACCEPTANCE CO LLC 5.55% 09/13/2029 144A                                                    | CUSIP: 65480CAH8<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |     1845000 | PA      | $1836340.36    | 0.01%             | 2029-09-13      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                                                           | ARSENAL AIC PARENT LLC 8% 10/01/2030 144A                                                               | CUSIP: 04288BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3285000 | PA      | $3478148.15    | 0.02%             | 2030-10-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| VALARIS LTD                                                                      | VALARIS LTD 8.375% 04/30/2030 144A                                                                      | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     2745000 | PA      | $2848882.52    | 0.02%             | 2030-04-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                           | COMSTOCK RESOURCES INC 5.875% 01/15/2030 144A                                                           | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    15170000 | PA      | $14609550.42   | 0.10%             | 2030-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| INGEVITY CORP                                                                    | INGEVITY CORP 3.875% 11/01/2028 144A                                                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |     6715000 | PA      | $6451965.39    | 0.04%             | 2028-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | FX Forward: USD/EUR settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DFE              | CORP              | FR        |           1 | NC      | $298457.61     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | IRON MTN INC 5% 07/15/2028 144A                                                                         | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     6370000 | PA      | $6331672.98    | 0.04%             | 2028-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                                    | COREWEAVE INC 9% 02/01/2031 144A                                                                        | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    11410000 | PA      | $11693869.39   | 0.08%             | 2031-02-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                     | Fidelity Securities Lending Cash Central Fund                                                           | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    10640236 | NS      | $10641300.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS MINERALS INTL INC                                                        | COMPASS MINERALS INTL INC 6.75% 12/01/2027 144A                                                         | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |     2795000 | PA      | $2797644.07    | 0.02%             | 2027-12-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4% 01/15/2027                                                                                 | CUSIP: 91282CJT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    61280000 | PA      | $61509800.00   | 0.41%             | 2027-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.125% 08/15/2053                                                           | CUSIP: 912810TT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    16039000 | PA      | $14497125.86   | 0.10%             | 2053-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP PAY 4.01 05/07/30                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    22140000 | NC      | $721482.16     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 30YR 3% 12/01/2051#FM9777                                                                          | CUSIP: 3140XD2K1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      162292 | PA      | $144323.57     | 0.00%             | 2051-12-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BELRON FINANCE 2019 LLC                                                          | BELRON TERM B 1LN 10/16/2031                                                                            | CUSIP: 08078UAN3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     1999838 | PA      | $2008597.16    | 0.01%             | 2031-10-16      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 08/31/2030                                                                             | CUSIP: 91282CHW4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    31870000 | PA      | $32404071.40   | 0.21%             | 2030-08-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA CORP                                                                                             | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      626000 | NS      | $116799080.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PARK RIVER HOLDINGS INC                                                          | PRIMESOURCE TERM B 1LN 9/25/2031                                                                        | CUSIP: N/A<br>LEI: 254900PGY077KWCROT75       | Long             | LON              | CORP              | US        |      675000 | PA      | $674831.25     | 0.00%             | 2031-09-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.5% 04/25/2052                                                          | CUSIP: 3137H6RW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     1951400 | PA      | $1867559.19    | 0.01%             | 2052-04-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 3% 05/15/2045                                                               | CUSIP: 912810RM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    20100000 | PA      | $15641882.71   | 0.10%             | 2045-05-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ACURIS FIN US/ACURIS FIN                                                         | ACURIS FIN US/ACURIS FIN 5% 05/01/2028 144A                                                             | CUSIP: 00511BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4315000 | PA      | $4193644.94    | 0.03%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 2.75% 07/31/2027                                                                              | CUSIP: 91282CFB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     5670000 | PA      | $5581406.25    | 0.04%             | 2027-07-31      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LN FDG 2024-2 LTD                                                  | PALMER SQUARE LN FDG 2024-2 LTD D TSFR3M+470 01/15/2033 144A                                            | CUSIP: 69703HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1085000 | PA      | $1075110.23    | 0.01%             | 2033-01-15      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.75% 08/15/2028 144A                                                                     | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    12760000 | PA      | $12999250.00   | 0.09%             | 2028-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TRI POINTE HOMES INC                                                             | TRI POINTE HOMES INC 5.7% 06/15/2028                                                                    | CUSIP: 87265HAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8715000 | PA      | $8891095.29    | 0.06%             | 2028-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 2.5% 12/25/2049                                                          | CUSIP: 3136BLGX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     1929136 | PA      | $1684349.49    | 0.01%             | 2049-12-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.25% 08/15/2035                                                                              | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     9400000 | PA      | $9476375.00    | 0.06%             | 2035-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WILLSCOT HOLDINGS CORP                                                           | WILLSCOT HOLDINGS CORP                                                                                  | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |      267000 | NS      | $5636370.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEARWAY ENERGY OPERATING LLC                                                    | CLEARWAY ENERGY OPER LLC 4.75% 03/15/2028 144A                                                          | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     4055000 | PA      | $4006076.43    | 0.03%             | 2028-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 6.625% 01/15/2028                                                                  | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     4415000 | PA      | $4521118.94    | 0.03%             | 2028-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | TRANSOCEAN INC 8.75% 02/15/2030 144A                                                                    | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     8385000 | PA      | $8822454.00    | 0.06%             | 2030-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| X CORP                                                                           | TWITTER TERM B1 1LN 10/26/2029                                                                          | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    26389668 | PA      | $25865569.55   | 0.17%             | 2029-10-26      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                         | NORTHERN OIL AND GAS INC 8.125% 03/01/2028 144A                                                         | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |     2715000 | PA      | $2753333.09    | 0.02%             | 2028-03-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 1.5% 06/25/2051                                                          | CUSIP: 3137H1B70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     3981730 | PA      | $3344873.38    | 0.02%             | 2051-06-25      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3% 11/25/2040                                                            | CUSIP: 3137F6YL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     3183633 | PA      | $2887102.68    | 0.02%             | 2040-11-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 4.375% 02/01/2029                                                         | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6375000 | PA      | $5502960.56    | 0.04%             | 2029-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC / SHIFT4 PAYMENTS FINANCE SUB INC                            | SHIFT4 PAYMENTS LLC / SHIFT4 PAYMENTS FINANCE SUB INC 6.75% 08/15/2032 144A                             | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2305000 | PA      | $2383118.76    | 0.02%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER                           | ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 4.25% 10/15/2027 144A                            | CUSIP: 01883LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6740000 | PA      | $6628095.91    | 0.04%             | 2027-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                                          | ATI INC 7.25% 08/15/2030                                                                                | CUSIP: 01741RAN2<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     2745000 | PA      | $2881385.33    | 0.02%             | 2030-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS LTD                                                       | ADIENT GLOBAL HOLDINGS LTD 7% 04/15/2028 144A                                                           | CUSIP: 00687YAB1<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |     2805000 | PA      | $2874415.34    | 0.02%             | 2028-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | MASTERCARD INC CL A                                                                                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       27600 | NS      | $15699156.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                                                 | CALIFORNIA RES CORP 8.25% 06/15/2029 144A                                                               | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |     2595000 | PA      | $2706182.78    | 0.02%             | 2029-06-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                              | SIRIUS XM RADIO INC 5% 08/01/2027 144A                                                                  | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     4610000 | PA      | $4587863.24    | 0.03%             | 2027-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | TENET HEALTHCARE CORP 6.75% 05/15/2031                                                                  | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     2715000 | PA      | $2810781.86    | 0.02%             | 2031-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 7.875% 03/15/2030                                                                  | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     2675000 | PA      | $2830564.63    | 0.02%             | 2030-03-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORPORATION                                                            | OPEN TEXT CORPORATION 6.9% 12/01/2027 144A                                                              | CUSIP: 683715AF3<br>LEI: 549300UQROQS42RKHM85 | Long             | DBT              | CORP              | CA        |     5000000 | PA      | $5202083.95    | 0.03%             | 2027-12-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ASGN INC                                                                         | ASGN INC 4.625% 05/15/2028 144A                                                                         | CUSIP: 00191UAA0<br>LEI: LZBNYYCBUKY537072438 | Long             | DBT              | CORP              | US        |     5670000 | PA      | $5565762.15    | 0.04%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.3% 10/25/2026                                                          | CUSIP: 3137BTAC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    36420000 | PA      | $36164663.02   | 0.24%             | 2026-10-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA 20YR 2.5% 05/01/2042#RB0710                                                                        | CUSIP: 3133KTYF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      371613 | PA      | $332325.19     | 0.00%             | 2042-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 7.125% 06/15/2026 144A                                                                   | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     1458000 | PA      | $1454005.82    | 0.01%             | 2026-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 5.5% 01/15/2028 144A                                                                   | CUSIP: 02156LAC5<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     9830000 | PA      | $8650400.00    | 0.06%             | 2028-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FLATIRON CLO 19 LTD                                                              | FLATIRON CLO 19 LTD ER2 TSFR3M+590 11/16/2034 144A                                                      | CUSIP: 33883KAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      305000 | PA      | $300478.99     | 0.00%             | 2034-11-16      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| MESQUITE ENERGY INC                                                              | SANCHEZ TERM 1LN DIP 12/31/2055                                                                         | CUSIP: N/A<br>LEI: 549300SB0HTIM17TVR61       | Long             | LON              | CORP              | US        |     3422531 | PA      | $0.34          | 0.00%             | 2055-12-31      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| UNITED PF HOLDINGS LLC                                                           | UNITED PLANET FITNESS TERM 1LN 12/30/2026                                                               | CUSIP: 91132UAG8<br>LEI: 2549002AF6PASVP2G486 | Long             | LON              | CORP              | US        |     3878957 | PA      | $3720579.03    | 0.02%             | 2026-12-30      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                             | UMBS 30YR 6% 10/01/2055 #TBA                                                                            | CUSIP: 01F0606A8<br>LEI: N/A                  | Short            | ABS-MBS          | USGA              | US        |   -13425000 | PA      | $-13713428.07  | -0.09%            | 2055-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                                              | LBM ACQUISITION LLC 9.5% 06/15/2031 144A                                                                | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |    11620000 | PA      | $12210513.99   | 0.08%             | 2031-06-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | IRON MTN INC 4.875% 09/15/2029 144A                                                                     | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    14590000 | PA      | $14363095.15   | 0.09%             | 2029-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES SARL                                                    | ION TRADING TECHNOLOGIES SARL 5.75% 05/15/2028 144A                                                     | CUSIP: 46205YAA9<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |     5780000 | PA      | $5672077.00    | 0.04%             | 2028-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | MINERAL RESOURCES LTD 8% 11/01/2027 144A                                                                | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     5070000 | PA      | $5167820.99    | 0.03%             | 2027-11-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                                                            | CIVITAS RESOURCES INC 8.625% 11/01/2030 144A                                                            | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |     5415000 | PA      | $5608123.32    | 0.04%             | 2030-11-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                            | HUB INTERNATIONAL TERM B 1LN 06/20/2030                                                                 | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |     1764990 | PA      | $1767143.35    | 0.01%             | 2030-06-20      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING CO INC                                                 | HILTON DOMESTIC OPERATING CO INC 4.875% 01/15/2030                                                      | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    11025000 | PA      | $10963160.78   | 0.07%             | 2030-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM GROUP INC                                                              | TRANSDIGM TERM M 1LN 8/19/2032                                                                          | CUSIP: 89364MCE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     9855000 | PA      | $9842385.60    | 0.07%             | 2032-08-19      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| AVENTIV TECHNOLOGIES LLC                                                         | AVENTIV TERM 1LN FLSO 03/25/2026                                                                        | CUSIP: 05358AAP9<br>LEI: 549300EBCNNXVCJ2FW66 | Long             | LON              | CORP              | US        |     4570583 | PA      | $3176555.00    | 0.02%             | 2026-03-25      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO                                                              | ALLEGIANT TRAVEL CO 7.25% 08/15/2027 144A                                                               | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |     4365000 | PA      | $4419268.56    | 0.03%             | 2027-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC                                         | CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC 7.5% 12/15/2033 144A                                           | CUSIP: 12657NAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7110000 | PA      | $7715772.00    | 0.05%             | 2033-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                           | MPT OPER PARTNERSHIP LP/CORP 4.625% 08/01/2029                                                          | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10950000 | PA      | $9137986.34    | 0.06%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                            | NABORS INDUSTRIES INC 9.125% 01/31/2030 144A                                                            | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     5390000 | PA      | $5605600.00    | 0.04%             | 2030-01-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES SARL                                                    | ION TRADING TECHNOLOGIES SARL 9.5% 05/30/2029 144A                                                      | CUSIP: 46205YAB7<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |     3900000 | PA      | $4105401.30    | 0.03%             | 2029-05-30      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                             | NIELSEN HOLDINGS TERM B 1LN 04/11/2029                                                                  | CUSIP: 64069JAC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |     7213950 | PA      | $6859600.78    | 0.05%             | 2029-04-11      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER                           | ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 6.75% 04/15/2028 144A                            | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    16406000 | PA      | $16696796.35   | 0.11%             | 2028-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.375% 08/15/2043                                                           | CUSIP: 912810TU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    49031000 | PA      | $47318745.30   | 0.31%             | 2043-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MIDOCEAN CR CLO XVI                                                              | MIDOCEAN CR CLO XVI E TSFR3M+625 10/20/2037 144A                                                        | CUSIP: 597922AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      464000 | PA      | $469399.57     | 0.00%             | 2037-10-20      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| JACOBS ENTERTAINMENT INC                                                         | JACOBS ENTERTAINMENT INC 6.75% 02/15/2029 144A                                                          | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |     3955000 | PA      | $3860910.55    | 0.03%             | 2029-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING LXXII LTD                                                   | MADISON PARK FUNDING LXXII LTD D2 8.345% 07/23/2038 144A                                                | CUSIP: 55823DAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      308000 | PA      | $315949.79     | 0.00%             | 2038-07-23      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                            | MOLINA HEALTHCARE INC 4.375% 06/15/2028 144A                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     4690000 | PA      | $4573892.53    | 0.03%             | 2028-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AIRBNB INC                                                                       | AIRBNB INC CLASS A                                                                                      | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |       58500 | NS      | $7103070.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BATH and BODY WORKS INC                                                          | BATH and BODY WORKS INC 6.625% 10/01/2030 144A                                                          | CUSIP: 501797AW4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     6650000 | PA      | $6798275.05    | 0.04%             | 2030-10-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FINANCE CORP                     | ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FIN CORP 5.75% 01/15/2028 144A                          | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10640000 | PA      | $10619167.94   | 0.07%             | 2028-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                                          | ATI INC 4.875% 10/01/2029                                                                               | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     2795000 | PA      | $2747951.49    | 0.02%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ACRISURE HOLDINGS INC                                                            | ACRISURE HOLDINGS INC SER A-2 PC                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |     2286756 | NS      | $59089775.04   | 0.39%             |  |  |  | No            |                  3 | On Loan: No      |
| GERMANY FEDERAL REPUBLIC OF                                                      | GERMANY FEDERAL REPUBLIC OF 2.4% 10/19/2028 REGS                                                        | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |    25900000 | PA      | $30679011.82   | 0.20%             | 2028-10-19      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, N.A.                                                            | BOAM SWAP PAY 3.565 09/15/26                                                                            | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              | CORP              | US        |    23780000 | NC      | $798079.87     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 2.875% 05/15/2032                                                                             | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    30472000 | PA      | $28648441.25   | 0.19%             | 2032-05-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC/DE                                                                 | WOLFSPEED INC STEP 06/23/2030 144A                                                                      | CUSIP: 977852AG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3478108 | PA      | $3682620.75    | 0.02%             | 2030-06-23      | Variable      | 0.08%                 | No            |                  3 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 7.25% 07/01/2031 144A                                                                    | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     2610000 | PA      | $2766684.22    | 0.02%             | 2031-07-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 5180 KA 2.5% 10/25/2047                                                  | CUSIP: 3137H5BG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     1254623 | PA      | $1137457.71    | 0.01%             | 2047-10-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US 5YR NOTE (CBT) FUT DEC25 FVZ5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |          -6 | NC      | $5054.59       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK NA NEW YORK NY                                               | FX Forward: AUD/USD settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: 7H6GLXDRUGQFU57RNE97       | N/A              | DFE              | CORP              | US        |           1 | NC      | $232656.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UST BILLS                                                                        | UST BILLS 0% 11/13/2025                                                                                 | CUSIP: 912797QQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    21240000 | PA      | $21138078.59   | 0.14%             | 2025-11-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.208% 02/25/2026                                                        | CUSIP: 3137FLN34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    11086035 | PA      | $11039391.26   | 0.07%             | 2026-02-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SWITZERLAND CONFEDERATION                                                        | SWITZERLAND CONFEDERATION 3.5% 04/08/2033 REGS                                                          | CUSIP: N/A<br>LEI: 5067006OA1BJ88912Q83       | Long             | DBT              | NUSS              | CH        |    30000000 | PA      | $47270020.73   | 0.31%             | 2033-04-08      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC                       | UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 10.5% 02/15/2028 144A                        | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      841000 | PA      | $885741.20     | 0.01%             | 2028-02-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                                              | NUSTAR LOGISTICS LP 6% 06/01/2026                                                                       | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     7285000 | PA      | $7311473.69    | 0.05%             | 2026-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMMUNITIES INC                                                  | TAYLOR MORRISON COMMUNITIES INC 5.125% 08/01/2030 144A                                                  | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     6480000 | PA      | $6459266.98    | 0.04%             | 2030-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV                               | ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV 4.125% 04/30/2028 144A                               | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10200000 | PA      | $9854652.68    | 0.07%             | 2028-04-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 7.125% 12/01/2031 144A                                                                    | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     5390000 | PA      | $5622253.48    | 0.04%             | 2031-12-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                                                   | 1261229 BC LTD 10% 04/15/2032 144A                                                                      | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    29875000 | PA      | $30623429.70   | 0.20%             | 2032-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO LLC                                                      | SKECHERS TERM B 1LN 06/28/2032                                                                          | CUSIP: 07337FAB1<br>LEI: 254900F2FNX3GBTB6202 | Long             | LON              | CORP              | US        |      900000 | PA      | $903753.00     | 0.01%             | 2032-09-12      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI FIBER HOLDINGS INC / CSL CAPITAL LLC                      | UNITI GRP/UNITI HLD/CSL 6% 01/15/2030 144A                                                              | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3390000 | PA      | $3069325.46    | 0.02%             | 2030-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC / HILTON WORLDWIDE FIN CORP                             | HILTON WORLDWIDE FIN LLC / HILTON WORLDWIDE FIN CORP 4.875% 04/01/2027                                  | CUSIP: 432891AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5210000 | PA      | $5206453.03    | 0.03%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL                                                               | INMARSAT TERM B 1LN 9/27/2029                                                                           | CUSIP: N/A<br>LEI: 2594001KNYIQ456J2792       | Long             | LON              | CORP              | LU        |     5181162 | PA      | $5109920.57    | 0.03%             | 2029-09-27      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| CANADA, GOVERNMENT OF                                                            | CANADA GOVERNMENT OF 3.25% 06/01/2035                                                                   | CUSIP: 135087S62<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    34000000 | PA      | $24559587.41   | 0.16%             | 2035-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 2.625% 07/31/2029                                                                             | CUSIP: 91282CFC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    23875000 | PA      | $22977822.39   | 0.15%             | 2029-07-31      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | BLOCK INC 6% 08/15/2033 144A                                                                            | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     4785000 | PA      | $4900031.40    | 0.03%             | 2033-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 2% 10/25/2047                                                            | CUSIP: 3136BLES5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |    13669442 | PA      | $12173231.14   | 0.08%             | 2047-10-25      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                      | ROYAL CARIBBEAN CRUISES LTD 5.375% 07/15/2027 144A                                                      | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     4165000 | PA      | $4201864.33    | 0.03%             | 2027-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LONDON CLEARING HOUSE                                                            | LCH OIS SOFRV3.5% MAC 12/17/27                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | GB        |  -100410000 | NC      | $400207.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL NAT MTG ASN GTD REM PA                                                   | FEDERAL NAT MTG ASN GTD REM PA 2022-4 B 2.5% 05/25/2049                                                 | CUSIP: 3136BLYE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     1264809 | PA      | $1122120.24    | 0.01%             | 2049-05-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC           | ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC 3.5% 03/15/2029 144A             | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5285000 | PA      | $5008360.80    | 0.03%             | 2029-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PBF HLDG CO LLC / PBF FIN CORP                                                   | PBF HLDG CO LLC / PBF FIN CORP 7.875% 09/15/2030 144A                                                   | CUSIP: 69318FAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11525000 | PA      | $11378850.67   | 0.08%             | 2030-09-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| KASEYA INC                                                                       | KASEYA TERM B 1LN 3/20/2032                                                                             | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |     2442725 | PA      | $2444947.88    | 0.02%             | 2032-03-20      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ALTICE FING SA                                                                   | ALTICE FING SA 5% 01/15/2028 144A                                                                       | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |     8025000 | PA      | $6239437.50    | 0.04%             | 2028-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ONTARIO GAMING GTA LP/OTG CO-ISSUER INC                                          | ONTARIO GAMING GTA LP/OTG CO-ISSUER INC 8% 08/01/2030 144A                                              | CUSIP: 68306MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     5640000 | PA      | $5604293.72    | 0.04%             | 2030-08-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US LONG BOND(CBT) FUT DEC25 USZ5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |         436 | NC      | $1380419.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON CLEARING HOUSE                                                            | LCH OIS SOFRV3.75% MAC 12/17/29                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | GB        |   -62061000 | NC      | $493494.19     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC HOLDINGS LLC 4.125% 12/01/2030 144A                                                                 | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    10930000 | PA      | $7157565.15    | 0.05%             | 2030-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECHNOLOGY PTE LTD                                          | SEAGATE DATA STORAGE TECHNOLOGY PTE LTD 8.25% 12/15/2029 144A                                           | CUSIP: 81180LAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     9200000 | PA      | $9739138.40    | 0.06%             | 2029-12-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                            | AMERICAN AIRLINES INC 8.5% 05/15/2029 144A                                                              | CUSIP: 023771T40<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8875000 | PA      | $9257982.88    | 0.06%             | 2029-05-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.625% 03/01/2032 144A                                                                    | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     2650000 | PA      | $2728294.25    | 0.02%             | 2032-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER                           | ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 6.75% 10/15/2027 144A                            | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    19655000 | PA      | $19697336.87   | 0.13%             | 2027-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                                                                | CLEAN HARBORS INC 6.375% 02/01/2031 144A                                                                | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |     2350000 | PA      | $2406479.90    | 0.02%             | 2031-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UKG INC                                                                          | UKG INC 6.875% 02/01/2031 144A                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |     3980000 | PA      | $4106703.30    | 0.03%             | 2031-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIATION HOLDINGS INC                                                     | SPIRIT AVIATION HOLDINGS INC                                                                            | CUSIP: 84863V101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      150692 | NS      | $57262.96      | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| FED HOME LOAN MTG CORP - GOLD                                                    | FHLG 30YR 6.5% 10/01/2053#RJ0001                                                                        | CUSIP: 3142GQAB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     3058761 | PA      | $3203853.69    | 0.02%             | 2053-10-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PHOENIX NEWCO INC                                                                | PAREXEL TERM B 1LN 11/15/2028                                                                           | CUSIP: 71911KAE4<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |     3094362 | PA      | $3095970.70    | 0.02%             | 2028-11-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| LIGHT and WONDER INTERNATIONAL INC                                               | LIGHT and WONDER INTERNATIONAL INC 7.5% 09/01/2031 144A                                                 | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     2745000 | PA      | $2854684.71    | 0.02%             | 2031-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                        | GNII II 2% 09/20/2050#MA6864                                                                            | CUSIP: 36179VTV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1586017 | PA      | $1313484.05    | 0.01%             | 2050-09-20      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MESQUITE ENERGY INC                                                              | MESQUITE ENERGY INC                                                                                     | CUSIP: N/A<br>LEI: 549300SB0HTIM17TVR61       | Long             | EC               | CORP              | US        |      185122 | NS      | $37685232.88   | 0.25%             |  |  |  | No            |                  3 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 0.375% 12/31/2025                                                                             | CUSIP: 91282CBC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    72767000 | PA      | $72111244.17   | 0.48%             | 2025-12-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| US FOODS HOLDING CORP                                                            | US FOODS HOLDING CORP                                                                                   | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |       85100 | NS      | $6520362.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PACIFIC GAS and ELECTRIC CO                                                      | PACIFIC GAS and ELECTRIC CO 3.95% 12/01/2047                                                            | CUSIP: 694308HY6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     2711000 | PA      | $2026063.33    | 0.01%             | 2047-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                           | MPT OPER PARTNERSHIP LP/CORP 5% 10/15/2027                                                              | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    21010000 | PA      | $20352968.98   | 0.13%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INFORMATION MANAGEMENT SERVICES INC                                | IRON MOUNTAIN INFORMATION MANAGEMENT SERVICES INC 5% 07/15/2032 144A                                    | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4190000 | PA      | $4037236.37    | 0.03%             | 2032-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 2.673% 03/25/2026                                                        | CUSIP: 3137BPW21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    18462106 | PA      | $18323350.60   | 0.12%             | 2026-03-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 10% 11/15/2029 144A                                                       | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10155000 | PA      | $10199860.73   | 0.07%             | 2029-11-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                                                         | BROADSTREET PARTNERS INC 5.875% 04/15/2029 144A                                                         | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |     7265000 | PA      | $7243840.69    | 0.05%             | 2029-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | CARNIVAL CORP 7% 08/15/2029 144A                                                                        | CUSIP: 143658BW1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     2830000 | PA      | $2977032.65    | 0.02%             | 2029-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| VOC ESCROW LTD                                                                   | VOC ESCROW LTD 5% 02/15/2028 144A                                                                       | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    10470000 | PA      | $10441515.32   | 0.07%             | 2028-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.75% 01/31/2034 144A                                                                     | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     8120000 | PA      | $8395747.32    | 0.06%             | 2034-01-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CANO HEALTH LLC                                                                  | CANO HEALTH LLC WT                                                                                      | CUSIP: N/A<br>LEI: 254900OGI2T8V1NXN639       | Long             | EC               | CORP              | US        |        4969 | NS      | $16646.15      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SUBURBAN PROPANE LP/ENGY FIN C                                                   | SUBURBAN PROPANE LP/ENGY FIN C 5% 06/01/2031 144A                                                       | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5750000 | PA      | $5471068.08    | 0.04%             | 2031-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC                                                      | ASBURY AUTOMOTIVE GROUP INC 5% 02/15/2032 144A                                                          | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     4915000 | PA      | $4719542.25    | 0.03%             | 2032-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC                                                              | LIGHTNING POWER LLC 7.25% 08/15/2032 144A                                                               | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |     5130000 | PA      | $5431213.08    | 0.04%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                                      | VISTRA CORP                                                                                             | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      287300 | NS      | $56287816.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CHS/CMNTY HEALTH SYSTEMS INC                                                     | CHS/CMNTY HEALTH SYSTEMS INC 4.75% 02/15/2031 144A                                                      | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    11430000 | PA      | $9884071.93    | 0.07%             | 2031-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SINGAPORE REPUBLIC OF                                                            | SINGAPORE REPUBLIC OF 2.75% 03/01/2035                                                                  | CUSIP: N/A<br>LEI: 549300ZSV6VOGFH1ER70       | Long             | DBT              | NUSS              | SG        |    20000000 | PA      | $16608085.58   | 0.11%             | 2035-03-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE COR PORATION                                          | FHLM 30YR 6.5% 01/01/2055#RJ3308                                                                        | CUSIP: 3142GTVA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     3418157 | PA      | $3581899.79    | 0.02%             | 2055-01-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                                              | LBM ACQUISITION LLC 6.25% 01/15/2029 144A                                                               | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |     8415000 | PA      | $7789132.69    | 0.05%             | 2029-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MOODYS CORP                                                                      | MOODYS CORP                                                                                             | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       14800 | NS      | $7051904.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 5.5% 10/15/2029 144A                                                                   | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    30015000 | PA      | $25961064.55   | 0.17%             | 2029-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                            | HUB INTERNATIONAL LTD 5.625% 12/01/2029 144A                                                            | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    16470000 | PA      | $16453436.12   | 0.11%             | 2029-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.125% 11/15/2028                                                                             | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    28930000 | PA      | $28489269.39   | 0.19%             | 2028-11-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | NEW FORTRESS ENERGY TERM B 1LN 10/30/2028                                                               | CUSIP: N/A<br>LEI: 254900EICTYTCHA5X705       | Long             | LON              | CORP              | US        |    10070000 | PA      | $4842763.70    | 0.03%             | 2028-10-30      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| GALAXY XXV CLO LTD                                                               | GALAXY XXV CLO LTD 25A ERR TSFR3M+550 04/25/2036 144A                                                   | CUSIP: 36319YAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      200000 | PA      | $200495.20     | 0.00%             | 2036-04-25      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA GTD MTG PASS THRU CTF 2025-7 DF SOFR30A+140 09/25/2054                                             | CUSIP: 3136BUWX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     4925344 | PA      | $4944337.26    | 0.03%             | 2054-09-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP 6.5%/VAR PERP                                                                        | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |     4690000 | PA      | $4707493.70    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                                                                 | WAND NEWCO 3 INC 7.625% 01/30/2032 144A                                                                 | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |     5325000 | PA      | $5610526.50    | 0.04%             | 2032-01-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG'06 PTY LTD                                                     | FMG RES AUGUST 2006 PTY LTD 4.375% 04/01/2031 144A                                                      | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     4420000 | PA      | $4219939.75    | 0.03%             | 2031-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WATER US HOLDING CORPORATION                                             | OLYMPUS WATER US HOLDING CORPORATION 9.75% 11/15/2028 144A                                              | CUSIP: 25259KAA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    13941000 | PA      | $14631079.50   | 0.10%             | 2028-11-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD                            | FEDERAL HOME LN MTG MLT CTF GT 3.5% 01/25/2051                                                          | CUSIP: 3137H77F4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     2669647 | PA      | $2546193.68    | 0.02%             | 2051-01-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WINDSOR HOLDINGS III LLC                                                         | WINDSOR HOLDINGS III LLC 8.5% 06/15/2030 144A                                                           | CUSIP: 97360AAA5<br>LEI: 254900IXUJZ9H146T437 | Long             | DBT              | CORP              | US        |     2790000 | PA      | $2949334.08    | 0.02%             | 2030-06-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| MESQUITE ENERGY INC                                                              | MESQUITE ENERGY INC 7.25% PERP                                                                          | CUSIP: N/A<br>LEI: 549300SB0HTIM17TVR61       | Long             | EP               | CORP              | US        |    12834000 | PA      | $1283.40       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BIRCH GROVE CLO 5 LLC                                                            | BIRCH GROVE CLO 5 LLC ER TSFR3M+675 10/20/2037 144A                                                     | CUSIP: 090985AE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      393000 | PA      | $397795.39     | 0.00%             | 2037-10-20      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| AMNEAL PHARMACEUTICALS LLC                                                       | AMNEAL PHARMACEUTICALS TERM B 1LN 08/02/2032                                                            | CUSIP: 03167DAR5<br>LEI: 54930037VIXE7LRZ1M66 | Long             | LON              | CORP              | US        |      600000 | PA      | $598998.00     | 0.00%             | 2032-08-02      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| TRUIST INSURANCE HOLDINGS LLC                                                    | TRUIST INSURANCE TERM 2LN 05/06/2032                                                                    | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     5810526 | PA      | $5910409.27    | 0.04%             | 2032-05-06      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORP                                                        | OCCIDENTAL PETROLEUM CORP 7.2% 03/15/2029                                                               | CUSIP: 674599DT9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     2440000 | PA      | $2632930.80    | 0.02%             | 2029-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION HOLDINGS INC                                              | NOVOLEX TERM 1LN 04/13/2029                                                                             | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |    27498819 | PA      | $27452345.96   | 0.18%             | 2029-04-13      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| LONDON CLEARING HOUSE                                                            | LCH OIS SOFRV3.5% MAC 12/17/28                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | GB        |  -207679000 | NC      | $1160524.79    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GTT COMMUNICATIONS INC                                                           | GTT COMMUNICATIONS INC                                                                                  | CUSIP: 362393308<br>LEI: 549300ETSL7K1ZX05H30 | Long             | EC               | CORP              | US        |       51638 | NS      | $1952432.78    | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| NEWELL BRANDS INC                                                                | NEWELL BRANDS INC 6.375% 05/15/2030                                                                     | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     2750000 | PA      | $2725141.38    | 0.02%             | 2030-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE                                               | FX Forward: USD/JPY settle 2025-10-16                                                                   | CUSIP: N/A<br>LEI: 2IGI19DL77OX0HC3ZE78       | N/A              | DFE              | CORP              | CA        |           1 | NC      | $357128.49     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | ALPHABET INC CL A                                                                                       | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       65400 | NS      | $15898740.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                  | PERMIAN RESOURCES OPERATING LLC 5.875% 07/01/2029 144A                                                  | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     4055000 | PA      | $4044862.50    | 0.03%             | 2029-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | BLOCK INC 3.5% 06/01/2031                                                                               | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     5745000 | PA      | $5346427.41    | 0.04%             | 2031-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FIN LTD                                                              | STUDIO CITY FIN LTD 5% 01/15/2029 144A                                                                  | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |     3255000 | PA      | $3137820.00    | 0.02%             | 2029-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| REALPAGE INC                                                                     | REALPAGE TERM B 1LN 4/24/2028                                                                           | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |     2980800 | PA      | $2972572.99    | 0.02%             | 2028-04-24      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 07/31/2028                                                                             | CUSIP: 91282CHQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    15000000 | PA      | $15199218.75   | 0.10%             | 2028-07-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                       | FNMA GTD MTG PASS THRU CTF SOFR30A+ 09/25/2054                                                          | CUSIP: 3136BUW22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     3127270 | PA      | $3132582.61    | 0.02%             | 2054-09-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| KNOWBE4 INC                                                                      | KNOWBE4 TERM 1LN 07/26/2032                                                                             | CUSIP: 49925TAD7<br>LEI: 64883ZJ0RS5039H4PN24 | Long             | LON              | CORP              | US        |      750000 | PA      | $750000.00     | 0.00%             | 2032-07-26      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PETSMART INC / PETSMART FINANCE CORP                                             | PETSMART INC / PETSMART FINANCE CORP 7.5% 09/15/2032 144A                                               | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6770000 | PA      | $6780062.12    | 0.04%             | 2032-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | MINERAL RESOURCES LTD 8.125% 05/01/2027 144A                                                            | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    11295000 | PA      | $11294615.86   | 0.07%             | 2027-05-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                                          | ATI INC 5.125% 10/01/2031                                                                               | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     2480000 | PA      | $2440628.02    | 0.02%             | 2031-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 10/31/2031                                                                             | CUSIP: 91282CLU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    21800000 | PA      | $22118484.48   | 0.15%             | 2031-10-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPERATING CO LLC / GD FINANCE CO INC                                    | GO DADDY OPERATING CO LLC / GD FINANCE CO INC 5.25% 12/01/2027 144A                                     | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5665000 | PA      | $5654991.08    | 0.04%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS and ELECTRIC CO                                                      | PACIFIC GAS and ELECTRIC CO 4% 12/01/2046                                                               | CUSIP: 694308HR1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     8299000 | PA      | $6256802.66    | 0.04%             | 2046-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                           | COMSTOCK RESOURCES INC 6.75% 03/01/2029 144A                                                            | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     8110000 | PA      | $8096753.13    | 0.05%             | 2029-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| XPO INC                                                                          | XPO INC 7.125% 02/01/2032 144A                                                                          | CUSIP: 983793AK6<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |     4015000 | PA      | $4216685.50    | 0.03%             | 2032-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                                          | TALEN ENERGY SUPPLY TERM TLB-EXIT 1LN 05/17/2030                                                        | CUSIP: 87422LAV2<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |      237893 | PA      | $237978.27     | 0.00%             | 2030-05-17      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.875% 08/15/2033                                                                             | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    22052000 | PA      | $21869381.88   | 0.14%             | 2033-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                                             | FIESTA PURCHASER INC 9.625% 09/15/2032 144A                                                             | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3185000 | PA      | $3438500.52    | 0.02%             | 2032-09-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL ENVIRONMENTAL INC 4.75% 06/15/2029 144A                                                             | CUSIP: 36168QAN4<br>LEI: 5493008HF9XC5H29ZX61 | Long             | DBT              | CORP              | CA        |     5705000 | PA      | $5626937.34    | 0.04%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BBAM US CLO I LTD                                                                | BBAM US CLO I LTD D1R TSFR3M+300 03/30/2038 144A                                                        | CUSIP: 054978AS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      488000 | PA      | $490440.00     | 0.00%             | 2038-03-30      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| DG INVESTMENT INTERMEDIATE HOLDINGS 2 INC                                        | CONVERGINT TECH TERM B 1LN 07/12/2032                                                                   | CUSIP: 23344MAM0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      960051 | PA      | $961251.18     | 0.01%             | 2032-07-12      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | PARKLAND CORP 4.625% 05/01/2030 144A                                                                    | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |     5540000 | PA      | $5386335.36    | 0.04%             | 2030-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer