# EDGAR Filing Document

**Accession Number:** 0000810893
**File Stem:** 0001099263-25-004455
**Filing Date:** 2025-11
**Character Count:** 173738
**Document Hash:** fccefa78184b8e3283b334f7925b82af
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-004455.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001099263-25-004455

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO FUNDS
- **CENTRAL INDEX KEY:** 0000810893

**ORGANIZATION NAME:**
- **EIN:** 952632339
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05028
- **FILM NUMBER:** 251528273

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-720-6000

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Series and Classes Contracts Data

### PIMCO Emerging Markets Corporate Bond Fund (Series ID: S000025820)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000077188 | Institutional | PEMIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Funds

- **b. Investment Company Act file number:** 811-05028

- **c. CIK number of Registrant:** 0000810893

- **d. LEI of Registrant:** 5493003B5Y5GR0Y25Y76

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

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 877-4626

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

- **a. Name of Series:** PIMCO Emerging Markets Corporate Bond Fund

- **b. EDGAR series identifier (if any):** S000025820

- **c. LEI of Series:** 7QI077YR4PK6NX1N1I12

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

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

- **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:** $68507592.87

**Total Liabilities:** $6986767.88

**Net Assets:** $61520824.99

**Delayed Delivery Securities:** $899016.00

**Cash Not Reported:** $609303.82

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1734.603800 | **1-Year:** 2221.651400 | **5-Year:** 9118.554900 | **10-Year:** 5442.217500 | **30-Year:** 482.094000

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

- **3-Month:** 526.917900 | **1-Year:** 2627.364600 | **5-Year:** 4965.507400 | **10-Year:** 1550.727200 | **30-Year:** 25.543700

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000077188 | 0.55%                | 1.69%                | 1.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1912720.45             | $2074314.83                                |
| Month 2  | $139583.08               | $415581.09                                 |
| Month 3  | $229764.41               | $336691.22                                 |

**Designated Index Information**

- **Index Name:** JP Morgan Corporate EMBI Diversified Composite Index

- **Index Identifier:** JCMDCOMP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ENFRAGEN ENERGIA SUR SAU/ ENFRAGEN CHILE SPA/ ENFRAGEN SPAIN SAU    | ENFRAGEN ENERGIA SUR SAU SR SECURED 144A 06/32 8.499    | CUSIP: 29281MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |     300000 | PA      | $315957.00    | 0.51%             | 2032-06-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC GOVT                                             | DOMINICAN REPUBLIC SR UNSECURED 144A 09/35 11.25        | CUSIP: 25714PEW4<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   24000000 | PA      | $426467.01    | 0.69%             | 2035-09-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| UNIGEL LUXEMBOURG SA                                                | UNIGEL LUXEMBOURG SA SECURED 144A 12/28 11              | CUSIP: 904752AD4<br>LEI: 213800Y16R77O7LH7X62 | Long             | DBT              | CORP              | LU        |     470383 | PA      | $87020.86     | 0.14%             | 2028-12-31      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD NZD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $74.47        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251103                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $4810.64      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| YINSON BERGENIA PRODUCTION BV                                       | YINSON BERGENIA PRODUCTI SR SECURED 144A 01/45 8.498    | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $214899.23    | 0.35%             | 2045-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ICL GROUP LTD                                                       | ICL GROUP LIMITED SR UNSECURED 144A REGS 05/38 6        | CUSIP: M5R07DAG5<br>LEI: 529900FQVQD88SHIGM04 | Long             | DBT              | CORP              | IL        |     100000 | PA      | $104280.25    | 0.17%             | 2038-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL COMPANY (SAUDI ARAMCO)                            | SAUDI ARABIAN OIL CO SR UNSECURED 144A 06/55 6.375      | CUSIP: 80414L3F0<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |     500000 | PA      | $533362.11    | 0.87%             | 2055-06-02      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| STILLWATER MINING COMPANY INC                                       | STILLWATER MINING CO COMPANY GUAR 144A 11/26 4          | CUSIP: 86074QAP7<br>LEI: 6354007DPCY4ZN2MRR73 | Long             | DBT              | CORP              | US        |     300000 | PA      | $297206.92    | 0.48%             | 2026-11-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/29 0.00000  | CUSIP: BVPGQSII1<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      93139 | PA      | $2212.05      | 0.00%             | 2029-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS FINANCE BV                                      | BRASKEM NETHERLANDS COMPANY GUAR REGS 01/30 4.5         | CUSIP: N15516AD4<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $75522.00     | 0.12%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT INR SOLD USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-6.18        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT GBP SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $970.83       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ZAR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-69.55       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0406B8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     250000 | PA      | $235590.62    | 0.38%             | 2055-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALROSA FINANCE SA                                                   | ALROSA FINANCE SA COMPANY GUAR REGS 06/27 3.1           | CUSIP: ACI1N5L86<br>LEI: 254900MMZQESKBV0DI36 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $24000.00     | 0.04%             | 2027-06-25      | Fixed         | 3.10%                 | No            |                  3 | On Loan: No      |
| N/A                                                                 | SOLD AUD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $107.73       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD SGD BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $41.56        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | IRS AUD 4.25000 03/19/25-5Y LCH                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | AU        |          1 | NC      | $13120.57     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT NGN SOLD USD 20251007                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NG        |          1 | NC      | $2570.42      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINANCE BV                                      | EMBRAER NETHERLANDS FINA COMPANY GUAR 01/38 5.4         | CUSIP: 29082HAF9<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |     300000 | PA      | $299439.00    | 0.49%             | 2038-01-09      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BANCO DE CHILE                                                      | BANCO DE CHILE SR UNSECURED 144A 12/31 2.99             | CUSIP: 059520AC0<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | DBT              | CORP              | CL        |     300000 | PA      | $274086.83    | 0.45%             | 2031-12-09      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD SGD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $180.11       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PERU SA                                        | BANCO DE CREDITO DEL PER SUBORDINATED 144A 07/35 VAR    | CUSIP: 05971U2J5<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     300000 | PA      | $312217.50    | 0.51%             | 2035-07-30      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| METALSA SA DE CV                                                    | METALSA SA DE CV COMPANY GUAR 144A 05/31 3.75           | CUSIP: 59132VAB4<br>LEI: 549300F2FONGJR575V67 | Long             | DBT              | CORP              | MX        |     300000 | PA      | $266437.50    | 0.43%             | 2031-05-04      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.50000 06/20/24-30Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $23572.11     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| PANAMA INFRASTRUCTURE RECEIVABLE PURCHASER PLC                      | PANAMA INFRASTRUCTURE SR SECURED 144A 04/32 0.00000     | CUSIP: 69828QAD9<br>LEI: 213800QSH7EDGMUDJW25 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $150735.00    | 0.25%             | 2032-04-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/30 0.00000  | CUSIP: ACI30CRF0<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     116423 | PA      | $2765.05      | 0.00%             | 2030-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LIMITED                                                  | WYNN MACAU LTD SR UNSECURED 144A 03/29 4.5              | CUSIP: 98313RAJ5<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $324150.00    | 0.53%             | 2029-03-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $30.43        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                | FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F0426A6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     250000 | PA      | $242523.06    | 0.39%             | 2055-10-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CATHAYLIFE SINGAPORE PTE LTD                                        | CATHAYLIFE SINGAPORE CATHAYLIFE SINGAPORE               | CUSIP: ACI2PT9W1<br>LEI: 254900XS5E0JG85JTY26 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $212861.95    | 0.35%             | 2034-07-05      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/27 0.00000  | CUSIP: ACI30CNZ0<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      58214 | PA      | $1382.58      | 0.00%             | 2027-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD GBP BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $-970.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EGP BOUGHT USD 20260318                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $-143.52      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI LIMITED                                    | ADANI ELECTRICITY MUMBAI SR SECURED REGS 02/30 3.949    | CUSIP: ACI1JY4M6<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $188714.36    | 0.31%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251119                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $6.21         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AZULE ENERGY FINANCE PLC                                            | AZULE ENERGY FINANCE PLC COMPANY GUAR 144A 01/30 8.125  | CUSIP: 05501YAA6<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |     450000 | PA      | $454298.35    | 0.74%             | 2030-01-23      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| GRUPO TELEVISA SAB                                                  | GRUPO TELEVISA SAB SR UNSECURED 05/49 5.25              | CUSIP: 40049JBE6<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $142258.52    | 0.23%             | 2049-05-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE LTD                                         | ENERGIAN ISRAEL FINANCE SR SECURED 144A REGS 03/28 5.3  | CUSIP: ACI1WD801<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     400000 | PA      | $393532.50    | 0.64%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDCO SARL                                      | GREENSAIF PIPELINES BIDC SR SECURED REGS 02/42 6.51     | CUSIP: ACI2CZ9T8<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $217016.10    | 0.35%             | 2042-02-23      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                           | PROSUS NV SR UNSECURED 144A 01/52 4.987                 | CUSIP: 74365PAJ7<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     300000 | PA      | $243026.49    | 0.40%             | 2052-01-19      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| SOCAR TURKEY ENERJI AS VIA STEAS FUNDING 1 DAC                      | SOCAR TURK ENRG FUNDING COMPANY GUAR REGS 03/26 7.23    | CUSIP: ACI25FN49<br>LEI: 213800EHE74BZ15ING86 | Long             | DBT              | CORP              | IE        |     200000 | PA      | $199818.73    | 0.32%             | 2026-03-17      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| INVERSIONES CMPC SA                                                 | INVERSIONES CMPC SA COMPANY GUAR 144A 12/57 VAR         | CUSIP: 46128MAU5<br>LEI: 549300G475ACIABB4385 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $204800.00    | 0.33%             | 2057-12-09      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT PLN SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-47.27       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT PLN SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $83.43        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| POSCO                                                               | POSCO HOLDINGS INC POSCO HOLDINGS INC                   | CUSIP: 73730EAG8<br>LEI: 9884000N94NH7G6LQ816 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $201527.83    | 0.33%             | 2027-01-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.25000 06/18/25-10Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $39476.54     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | ISRAEL GOVT EM SP GST                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $519.65       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TELECOMUNICACIONES DIGITALES SA                                     | CABLE ONDA SA SR UNSECURED REGS 01/30 4.5               | CUSIP: P1926LAA3<br>LEI: 5299008Q5GONPYNF9J32 | Long             | DBT              | CORP              | PA        |     400000 | PA      | $382188.91    | 0.62%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| QNB FINANCE LTD                                                     | QNB FINANCE LTD QNB FINANCE LTD                         | CUSIP: ACI2MLXV6<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $306315.68    | 0.50%             | 2029-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT EGP SOLD USD 20251014                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $4565.89      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| EGYPTIAN GOVT                                                       | EGYPT GOVERNMENT BOND BONDS 03/28 21.954                | CUSIP: ACI2VM0V0<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |   30200000 | PA      | $631000.13    | 1.03%             | 2028-03-04      | Fixed         | 21.95%                | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                               | VALE OVERSEAS LIMITED COMPANY GUAR 06/54 6.4            | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $205784.40    | 0.33%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| FIRST ABU DHABI BANK PJSC                                           | FIRST ABU DHABI BANK PJS SR UNSECURED REGS 06/28 4.774  | CUSIP: ACI2GF5W5<br>LEI: 2138002Y3WMK6RZS8H90 | Long             | DBT              | CORP              | AE        |     700000 | PA      | $712100.38    | 1.16%             | 2028-06-06      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD PHP BOUGHT USD 20251215                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PH        |          1 | NC      | $77.88        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN COPPER CORPORATION                                         | SOUTHERN COPPER CORP SR UNSECURED 07/35 7.5             | CUSIP: 84265VAA3<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |     200000 | PA      | $236788.40    | 0.38%             | 2035-07-27      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HIPOTECARIA SU CASITA SA                                            | HIPOTECARIA SU CASITA SA COMMON STOCK                   | CUSIP: ACI012L97<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     172487 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                                                 | BOUGHT ZAR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $9.23         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | IRS EUR 2.75000 03/18/26-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-279.52      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TURKIYE IS BANKASI (ISBANK)                                         | TURKIYE IS BANKASI A.S TURKIYE IS BANKASI A.S           | CUSIP: 90016BAH1<br>LEI: 789000FIRX9MDN0KTM91 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $209219.73    | 0.34%             | 2029-06-12      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                        | ECOPETROL SA SR UNSECURED 01/33 8.875                   | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     300000 | PA      | $325382.26    | 0.53%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| WE SODA INVESTMENTS HOLDING PLC                                     | WE SODA LTD 02/31 9.375                                 | CUSIP: 92943TAC7<br>LEI: 984500SE38C07DB47A90 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $192964.01    | 0.31%             | 2031-02-14      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVT                                                        | UKRAINE GOVERNMENT SR UNSECURED 144A 02/30 VAR          | CUSIP: 903724CD2<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      44949 | PA      | $23710.60     | 0.04%             | 2030-02-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                          | FIRST QUANTUM MINERALS L COMPANY GUAR REGS 06/31 8.625  | CUSIP: C3535CAP3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     300000 | PA      | $315603.90    | 0.51%             | 2031-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| NWD FINANCE BVI LIMITED                                             | NWD FINANCE (BVI) LTD COMPANY GUAR REGS 12/99 VAR       | CUSIP: ACI1N4V13<br>LEI: 25490076V8K09HMNCT88 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $89074.76     | 0.14%             | 2026-03-22      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| ROCHESTER FINANCING NO 3 PLC                                        | ROCHESTER FINANCING ROFIN 3 A REGS                      | CUSIP: ACI1YJ4X8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |      36419 | PA      | $48999.45     | 0.08%             | 2044-12-18      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EGP BOUGHT USD 20260917                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $-1470.16     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | CDX HY44 5Y ICE                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $24336.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT ILS SOLD USD 20251113                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $14648.16     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NIGERIA GOVT                                                        | NIGERIA OMO BILL OMO110626                              | CUSIP: 955PDHII1<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |  162225000 | PA      | $96249.28     | 0.16%             | 2026-06-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOUTH KOREA GOVT AS BP MYC                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-17996.95    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | IRS HUF 5.89000 05/09/25-5Y CME                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | HU        |          1 | NC      | $-9523.85     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20251226                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-94.15       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ESIC SUKUK LIMITED                                                  | ESIC SUKUK LTD SR UNSECURED REGS 02/29 5.831            | CUSIP: ACI2MTHY1<br>LEI: 549300TSWFEC4DLPPH77 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $309722.81    | 0.50%             | 2029-02-14      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| STEPSTONE GROUP MIDCO 2 GMBH                                        | STEPSTNE GRUP MDCO 2 GMBH THE USD TERM LOAN             | CUSIP: BA000BVC2<br>LEI: 894500DB5T5ENCFFQU61 | Long             | LON              | CORP              | US        |     299250 | PA      | $284661.56    | 0.46%             | 2031-12-19      | Floating      | 8.61%                 | No            |                  2 | On Loan: No      |
| NIGERIA GOVT                                                        | NIGERIA OMO BILL BILLS 12/25 0.00000                    | CUSIP: ACI2SNXW4<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |  188946000 | PA      | $122738.19    | 0.20%             | 2025-12-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WINDFALL MINING GROUP INC                                           | WINDFALL MINING GROUP COMPANY GUAR 144A 05/32 5.854     | CUSIP: 973244AA4<br>LEI: 984500E4L49391BFF948 | Long             | DBT              | CORP              | CA        |     500000 | PA      | $520584.64    | 0.85%             | 2032-05-13      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| IIFL FINANCE LIMITED                                                | IIFL FINANCE LTD SR SECURED REGS 07/28 8.75             | CUSIP: Y3R78RET8<br>LEI: 335800CZ46UJRS34JR78 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $203850.00    | 0.33%             | 2028-07-24      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| ALFA TRANSMISORA DE ENERGIA SA                                      | ALFA DESARROLLO SPA SR SECURED REGS 09/51 4.55          | CUSIP: P0R60QAA1<br>LEI: 2549006BJAN34R520038 | Long             | DBT              | CORP              | CL        |     196897 | PA      | $157738.95    | 0.26%             | 2051-09-27      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVT                                                        | UKRAINE GOVERNMENT SR UNSECURED 144A 02/34 VAR          | CUSIP: 903724CE0<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     167973 | PA      | $69918.76     | 0.11%             | 2034-02-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| TURKIYE VAKIFLAR BANKASI TAO                                        | TURKIYE VAKIFLAR BANKASI SR UNSECURED 144A 07/30 7.25   | CUSIP: 90015WAR4<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |     300000 | PA      | $306827.77    | 0.50%             | 2030-07-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA/TAXAS BRANCH                                       | BBVA BANCOMER SA TEXAS SR UNSECURED REGS 09/29 5.25     | CUSIP: P1S81BAC2<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |     250000 | PA      | $257140.00    | 0.42%             | 2029-09-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AVIANCA MIDCO 2 PLC                                                 | AVIANCA MIDCO 2 PLC SR SECURED 144A 12/28 9             | CUSIP: 05369YAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     400000 | PA      | $401000.00    | 0.65%             | 2028-12-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD DOP BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $1823.27      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $36.69        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IVANHOE MINES LTD                                                   | IVANHOE MINES LTD COMPANY GUAR 144A 01/30 7.875         | CUSIP: 46579RAE4<br>LEI: 5299006XZISURYIA4G32 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $206736.00    | 0.34%             | 2030-01-23      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BEIGNET INVESTOR LLC                                                | PROJECT BEIGNET SR SEC 144A PROJECT BEIGNET SR SEC 144A | CUSIP: 990AAXQG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     600000 | PA      | $600000.00    | 0.98%             | 2049-06-01      | Fixed         | 6.85%                 | No            |                  3 | On Loan: No      |
| HUNT OIL COMPANY OF PERU LLC SUCURSAL DEL PERU                      | HUNT OIL CO OF PERU SR UNSECURED 144A 11/38 7.75        | CUSIP: 445640AD7<br>LEI: 549300SVO0550J3IKN50 | Long             | DBT              | CORP              | PE        |     200000 | PA      | $221500.00    | 0.36%             | 2038-11-05      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                        | ECOPETROL SA SR UNSECURED 05/45 5.875                   | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     350000 | PA      | $267947.05    | 0.44%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX MPC II SARL                                   | CHILE ELECTRICITY LUX GOVT GUARANT REGS 10/35 5.672     | CUSIP: L1567LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     300000 | PA      | $309749.31    | 0.50%             | 2035-10-20      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | ISRAEL GOVT EM SP GST                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $543.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                | LAS VEGAS SANDS CORP SR UNSECURED 08/29 3.9             | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     400000 | PA      | $387185.08    | 0.63%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NAKILAT INC                                                         | NAKILAT INC SR SECURED REGS 12/33 6.067                 | CUSIP: Y62014AA6<br>LEI: 2549006RMTDJWLLWF072 | Long             | DBT              | CORP              | MH        |     221136 | PA      | $235193.62    | 0.38%             | 2033-12-31      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.75000 12/18/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $2689.24      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/26 0.00000  | CUSIP: ACI30CQF1<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      46569 | PA      | $1280.65      | 0.00%             | 2026-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD HUF BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | HU        |          1 | NC      | $110.73       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDCO SARL                                      | GREENSAIF PIPELINES BIDC SR SECURED 144A 02/38 6.129    | CUSIP: 39541EAA1<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     300000 | PA      | $319556.16    | 0.52%             | 2038-02-23      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| YAPI VE KREDI BANKASI ANONIM SIRKETI                                | YAPI VE KREDI BANKASI AS SR UNSECURED 144A 10/28 9.25   | CUSIP: 984848AQ4<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $218085.00    | 0.35%             | 2028-10-16      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE LIMITED                                       | MELCO RESORTS FINANCE SR UNSECURED 144A 09/33 6.5       | CUSIP: 58547DAJ8<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $300987.00    | 0.49%             | 2033-09-24      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD PLN BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-390.51      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LI & FUNG LIMITED                                                   | LI + FUNG LTD COMPANY GUAR REGS 02/29 8.375             | CUSIP: ACI2Z5GN4<br>LEI: 254900B5ACVOJC6VNM71 | Long             | DBT              | CORP              | BM        |     350000 | PA      | $365018.27    | 0.59%             | 2029-02-05      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| AEGEA FINANCE SARL                                                  | AEGEA FINANCE SARL COMPANY GUAR 144A 01/36 7.625        | CUSIP: 00775CAE6<br>LEI: 213800V6WTKUT1XWIZ47 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $199380.00    | 0.32%             | 2036-01-20      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | ALIBABA GROUP HOLDING LIMI SNR AS SP JPM                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $10098.21     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| TURKCELL ILETISIM HIZMETLERI AS                                     | TURKCELL ILETISIM HIZMET SR UNSECURED 144A 01/30 7.45   | CUSIP: 900111AC9<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $208886.70    | 0.34%             | 2030-01-24      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT EUR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-1698.45     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VEON AMSTERDAM BV                                                   | VEON AMSTERDAM TERM LOAN                                | CUSIP: BA000HL48<br>LEI: 549300EPG4HR574L4660 | Long             | LON              | CORP              | NL        |     200000 | PA      | $199857.80    | 0.32%             | 2027-03-25      | Floating      | 8.21%                 | No            |                  3 | On Loan: No      |
| N/A                                                                 | BOUGHT THB SOLD USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-30.83       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.75000 09/17/25-5Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-3256.97     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| THE BIDVEST GROUP (UK) PLC                                          | BIDVEST GROUP UK PLC COMPANY GUAR 144A 09/32 6.2        | CUSIP: 088932AA6<br>LEI: 984500A80C777F496830 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $201642.00    | 0.33%             | 2032-09-17      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD KRW BOUGHT USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $181.43       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD NZD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $-35.34       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| YINSON PRODUCTION FINANCIAL SERVICES PTE LTD                        | YINSON PRODUCTION FINANC SR SECURED 144A REGS 05/29 9.6 | CUSIP: ACI2NT341<br>LEI: 254900TYMSC94RS33U73 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $211788.26    | 0.34%             | 2029-05-03      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.50000 09/17/25-30Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $38547.94     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| PERU GOVT                                                           | BONOS DE TESORERIA SR UNSECURED 144A REGS 08/33 7       | CUSIP: ACI2GGZ75<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     400000 | PA      | $128480.87    | 0.21%             | 2033-08-12      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20260311                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-105.23      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/31 7        | CUSIP: ACI30G7Q9<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     209563 | PA      | $2881.49      | 0.00%             | 2031-12-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ABU DHABI FUTURE ENERGY CO PJSC MASDAR                              | ABU DHABI FUTURE ENERGY SR UNSECURED REGS 07/33 4.875   | CUSIP: ACI2HHBJ2<br>LEI: 213800BBECR1I9FTPZ70 | Long             | DBT              | CORP              | AE        |     700000 | PA      | $707007.64    | 1.15%             | 2033-07-25      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SUZANO NETHERLANDS BV                                               | SUZANO NETHERLANDS BV COMPANY GUAR 01/36 5.5            | CUSIP: 86960YAA0<br>LEI: 9845009ZB9F5D6DB3602 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $200325.00    | 0.33%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $29.60        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | REVERSE REPO BARCLAYS REVERSE REPO                      | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -678562 | PA      | $-679535.11   | -1.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ZAR BOUGHT USD 20251009                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-9.16        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                                             | SASOL FINANCING USA LLC COMPANY GUAR 09/28 6.5          | CUSIP: 80386WAB1<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     400000 | PA      | $397648.04    | 0.65%             | 2028-09-27      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EGP BOUGHT USD 20260317                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $-357.71      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LIMITED                                             | SHRIRAM FINANCE LTD SR SECURED REGS 04/27 6.625         | CUSIP: Y775M1BG7<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $409325.20    | 0.67%             | 2027-04-22      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ENGIE ENERGIA CHILE SA                                              | ENGIE ENERGIA CHILE SA ENGIE ENERGIA CHILE SA           | CUSIP: 29287TAB5<br>LEI: 5493000FIKCC3ZDWTO77 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $213657.80    | 0.35%             | 2034-04-17      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHINA MODERN DAIRY HOLDINGS LTD                                     | CHINA MODERN DAIRY HOLDI SR UNSECURED REGS 07/26 2.125  | CUSIP: ACI1Z3KM8<br>LEI: 549300TAELI2JXTKK009 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $294331.61    | 0.48%             | 2026-07-14      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| AES ANDES SA                                                        | AES ANDES SA SR UNSECURED REGS 03/32 6.25               | CUSIP: P0091LAD8<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $209634.83    | 0.34%             | 2032-03-14      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FWD GROUP HOLDINGS LIMITED                                          | FWD GROUP HOLDINGS LTD SUBORDINATED 144A 09/35 5.836    | CUSIP: 30332TAD4<br>LEI: 254900HEGGDS8WU5QZ97 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $305084.64    | 0.50%             | 2035-09-22      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| LD CELULOSE INTERNATIONAL GMBH                                      | LD CELULOSE INTERNATIONA SR SECURED REGS 01/32 7.95     | CUSIP: A4S42PAA3<br>LEI: 529900EHUSQJVOTP9J45 | Long             | DBT              | CORP              | AT        |     200000 | PA      | $211579.60    | 0.34%             | 2032-01-26      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| SNB SUKUK LIMITED                                                   | SNB SUKUK LTD SR UNSECURED REGS 01/27 2.342             | CUSIP: ACI22XTV7<br>LEI: 549300NDOY781U1WVO54 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $195102.50    | 0.32%             | 2027-01-19      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS FINANCE CORP INTERNATIONAL LTD                        | GOLDMAN SACHS FIN C INTL COMPANY GUAR REGS 04/28 0.0000 | CUSIP: ACI2VWY74<br>LEI: 549300KQWCT26VXWW684 | Long             | DBT              | CORP              | JE        |     200000 | PA      | $236800.00    | 0.38%             | 2028-04-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD COMMON STOCK HKD.1             | CUSIP: B58RBK905<br>LEI: 254900N8L3L7NRJT0120 | Long             | EC               | CORP              | KY        |     694727 | NS      | $14908.78     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EMIRATES NBD BANK (PJSC)                                            | EMIRATES NBD BANK PJSC SR UNSECURED REGS 10/28 5.875    | CUSIP: ACI2K9HN1<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |     250000 | PA      | $262837.81    | 0.43%             | 2028-10-11      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $27.70        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EL PUERTO DE LIVERPOOL SAB DE CV                                    | EL PUERTO DE LIVERPOOL COMPANY GUAR REGS 01/37 6.658    | CUSIP: P3691NBM1<br>LEI: 4469000001BO4JEXZL32 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $214977.38    | 0.35%             | 2037-01-22      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ILS BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $-1565.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MHP LUX SA                                                          | MHP LUX SA COMPANY GUAR REGS 04/26 6.95                 | CUSIP: ACI11PPL3<br>LEI: 222100RHC7R1WZ1J3M44 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $190155.80    | 0.31%             | 2026-04-03      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| LG ENERGY SOLUTION LTD                                              | LGENERGYSOLUTION SR UNSECURED 144A 09/28 5.75           | CUSIP: 50205MAB5<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $207007.71    | 0.34%             | 2028-09-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI LIMITED                                    | ADANI ELECTRICITY MUMBAI SR SECURED 144A 02/30 3.949    | CUSIP: 00654GAA1<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |     262000 | PA      | $247215.81    | 0.40%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $118.07       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DEL NORTE SA/ GRAND CAYMAN BRANCH                   | BANCO MERCANTIL DE NORTE JR SUBORDINA 144A 12/99 VAR    | CUSIP: 05973KAA5<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $198789.18    | 0.32%             | 2027-01-24      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | CDX IG45 5Y ICE                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $57457.53     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT NGN SOLD USD 20251007                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NG        |          1 | NC      | $5220.85      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT INR SOLD USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-2.61        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $104.39       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTOFAGASTA PLC                                                     | ANTOFAGASTA PLC SR UNSECURED REGS 10/30 2.375           | CUSIP: G0398NZ62<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |     300000 | PA      | $272127.00    | 0.44%             | 2030-10-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT PLN SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-19.43       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN GAS CORRIDOR CLOSED JOINT-STOCK COMPANY                    | SOUTHERN GAS CORRIDOR GOVT GUARANT REGS 03/26 6.875     | CUSIP: Y8T6JPAA4<br>LEI: 213800DG58KG59XY6318 | Long             | DBT              | CORP              | AZ        |     634000 | PA      | $641922.23    | 1.04%             | 2026-03-24      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT DOP SOLD USD 20260302                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $1435.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                                        | SK HYNIX INC SR UNSECURED 144A 01/28 6.375              | CUSIP: 78392BAE7<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $209024.45    | 0.34%             | 2028-01-17      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | OIS THB THORON/1.00000 03/18/26-2Y LCH                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | TH        |          1 | NC      | $76.65        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $87.07        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ENDEAVOUR MINING PLC                                                | ENDEAVOUR MINING PLC COMPANY GUAR 144A 05/30 7          | CUSIP: 29261HAB1<br>LEI: 529900NI5MXQ91GHXR07 | Long             | DBT              | CORP              | GB        |     250000 | PA      | $258367.93    | 0.42%             | 2030-05-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD DOP BOUGHT USD 20251126                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-1620.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD PEN BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |          1 | NC      | $-1064.97     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NIGERIA GOVT                                                        | NIGERIA OMO BILL OMO120626                              | CUSIP: 955PDJII7<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |  162077000 | PA      | $96113.04     | 0.16%             | 2026-06-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARGENTINA GOVT                                                      | REPUBLIC OF ARGENTINA BONDS 07/30 VAR                   | CUSIP: ACI1QL1T4<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |       4800 | PA      | $2467.16      | 0.00%             | 2030-07-09      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| GRUPO NUTRESA SA                                                    | GRUPO NUTRESA SA COMPANY GUAR 144A 05/35 9              | CUSIP: 40055CAB9<br>LEI: 254900KKAX7B7RJUE255 | Long             | DBT              | CORP              | CO        |     500000 | PA      | $568150.00    | 0.92%             | 2035-05-12      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | 31750RH00 PIMCO CDSOPT PUT USD 0.55 20251119            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | BM        |   12400000 | NC      | $7469.14      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | IRS MXN 8.20680 11/11/24-1Y* (WHT) CME                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | MX        |          1 | NC      | $171.18       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $43.37        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ALROSA FINANCE SA                                                   | ALROSA FINANCE SA COMPANY GUAR 144A 06/27 3.1           | CUSIP: 02109TAE2<br>LEI: 254900MMZQESKBV0DI36 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $24000.00     | 0.04%             | 2027-06-25      | Fixed         | 3.10%                 | No            |                  3 | On Loan: No      |
| CREDICORP CAPITAL SOCIEDAD TITULIZADORA SA                          | CREDICORP CAPITAL SOCIED LOCAL GOVT G 144A REGS 12/43 1 | CUSIP: 224939AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     500000 | PA      | $155167.70    | 0.25%             | 2043-12-15      | Fixed         | 10.10%                | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT NZD SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $-33.23       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20251211                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-278.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $51.53        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20260326                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-167.93      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ILS BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $-14873.57    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT THB SOLD USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-21.95       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MEDCO CYPRESS TREE PTE LTD                                          | MEDCO CYPRESS TREE PTE SR SECURED 144A 05/30 8.625      | CUSIP: 58406VAA7<br>LEI: 254900NKZ2Y3YZK4WC46 | Long             | DBT              | CORP              | SG        |     250000 | PA      | $263704.19    | 0.43%             | 2030-05-19      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| SRC SUKUK LIMITED                                                   | SRC SUKU LTD GOVT GUARANT REGS 02/28 5                  | CUSIP: ACI2V27J4<br>LEI: 254900F2OG3526JLAV10 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $304836.27    | 0.50%             | 2028-02-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT PLN SOLD USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $103.61       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-1606.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UNIGEL (STICHTING ADMINISTRATIEKANTOOR UNIGEL CREDITORS)            | STICHTING ADMINISTRATIEKAN DEPOSITORY RECEIPT NPV       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |       1831 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TURKISH AIRLINES 2015-1 CLASS A PASS THROUGH TRUST                  | TURKISH AIRLN 15 1 A PTT PASS THRU CE 144A 09/28 4.2    | CUSIP: 10010YAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | TR        |     217156 | PA      | $213860.57    | 0.35%             | 2028-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ILS BOUGHT USD 20251113                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $-5765.44     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UNIGEL NETHERLANDS HOLDING CORPORATION BV                           | UNIGEL NETHERLANDS HOLD UNSECURED 144A 12/44 15         | CUSIP: 90475UAA8<br>LEI: 213800UOXJTQ82DWTJ78 | Long             | DBT              | CORP              | NL        |     394208 | PA      | $11826.24     | 0.02%             | 2044-12-31      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251119                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $2.44         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD PLN BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-332.49      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD MYR BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MY        |          1 | NC      | $51.30        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CIMA FINANCE DESIGNATED ACTIVITY COMPANY                            | CIMA FINANCE LTD SECURED REGS 09/29 2.95                | CUSIP: ACI1SB354<br>LEI: 213800AALTMFR1SJLJ51 | Long             | DBT              | CORP              | IE        |     126639 | PA      | $118561.93    | 0.19%             | 2029-09-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EGP BOUGHT USD 20251006                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $-1882.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD PLN BOUGHT USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-316.59      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ADECOAGRO SA                                                        | ADECOAGRO SA COMPANY GUAR 144A 07/32 7.5                | CUSIP: 00676LAC0<br>LEI: 529900Q00UR5LFELO811 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $196110.00    | 0.32%             | 2032-07-29      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CSN RESOURCES SA                                                    | CSN RESOURCES SA COMPANY GUAR REGS 06/31 4.625          | CUSIP: L21779AJ9<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $162694.82    | 0.26%             | 2031-06-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | US 10YR ULTRA FUT DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         -2 | NC      | $-2752.77     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GC TREASURY CENTER CO LTD                                           | GC TREASURY CENTRE CO COMPANY GUAR 144A 12/99 VAR       | CUSIP: 36830AAD9<br>LEI: 549300LUFQBC2EQNAR40 | Long             | DBT              | CORP              | TH        |     200000 | PA      | $206935.28    | 0.34%             | 2035-06-10      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EUR BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $2968.25      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOBHA SUKUK I HOLDING LIMITED                                       | SOBHA SUKUK LTD SR UNSECURED REGS 02/29 7.9955          | CUSIP: ACI2X3GF8<br>LEI: 254900VZENPT8NAXW686 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $206062.39    | 0.33%             | 2029-02-19      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | CDX EM41 ICE                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-4356.60     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| PERU LNG SRL                                                        | PERU LNG SRL SR UNSECURED 144A 03/30 5.375              | CUSIP: 715604AA2<br>LEI: 254900F70J1LOALV5K70 | Long             | DBT              | CORP              | PE        |     150020 | PA      | $144077.53    | 0.23%             | 2030-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20260326                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-455.03      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT NZD SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $-74.39       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EGP BOUGHT USD 20260921                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $-209.78      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TELECOM ARGENTINA SA                                                | TELECOM ARGENTINA SA SR UNSECURED 144A 05/33 9.25       | CUSIP: 879273AV2<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |     200000 | PA      | $196829.32    | 0.32%             | 2033-05-28      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| PANAMA GOVT                                                         | REPUBLIC OF PANAMA EUR TERM LOAN                        | CUSIP: BA000GRH5<br>LEI: 549300SHS4T08CL0LP14 | Long             | LON              | CORP              | IE        |     200000 | PA      | $235192.80    | 0.38%             | 2027-03-05      | Floating      | 3.84%                 | No            |                  3 | On Loan: No      |
| OCP SA (AKA: GROUPE OFFICE CHERIFIEN DES PHOSPHATES SA)             | OFFICE CHERIFIEN DES PHO SR UNSECURED REGS 04/44 6.875  | CUSIP: V6560AAD4<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     500000 | PA      | $524720.00    | 0.85%             | 2044-04-25      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.25000 06/18/25-9Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $11643.78     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| OAS RESTRUCTURING (BVI) LIMITED                                     | OAS RESTRUCTURING BVI COMPANY GUAR 03/35 5              | CUSIP: 67097YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     356358 | PA      | $3337.83      | 0.01%             | 2035-03-31      | Fixed         | 5.00%                 | Yes           |                  3 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251204                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $57.90        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-543.65      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INVEPAR HOLDINGS LLC/INVEPAR HOLDINGS 2 LLC/ INVEPAR HOLDINGS 3 LLC | INVEPAR HOLDINGS LLC                                    | CUSIP: 935RLYII6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     157856 | PA      | $0.00         | 0.00%             | 2049-12-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| N/A                                                                 | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $18.57        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IVORY COAST GOVT (AKA: COTE D'IVOIRE)                               | REPUBLIC OF COTE DIVOIRE THE 2024 EUR UPSIZE TERM LOAN  | CUSIP: BA0003TP4<br>LEI: 254900ICW11T82O6H590 | Long             | LON              | NUSS              | CI        |     500000 | PA      | $586169.04    | 0.95%             | 2026-03-09      | Floating      | 5.15%                 | No            |                  3 | On Loan: No      |
| KFH SUKUK CO                                                        | KFH SUKUK CO SR UNSECURED REGS 01/30 5.376              | CUSIP: ACI2T0G02<br>LEI: 5493008FLJYWGCMZDN21 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $206755.54    | 0.34%             | 2030-01-14      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DELEK DRILLIN (LEVIATHAN BOND LTD)                                  | LEVIATHAN BOND LTD SR SECURED 144A REGS 06/27 6.5       | CUSIP: ACI1PZ1S6<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |     200000 | PA      | $201023.00    | 0.33%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LIMITED                                                 | IHS HOLDING LTD COMPANY GUAR 144A 11/31 8.25            | CUSIP: 44963HAD7<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |     500000 | PA      | $527115.16    | 0.86%             | 2031-11-29      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD                                                   | KOSMOS ENERGY LTD COMPANY GUAR 144A 10/31 8.75          | CUSIP: 500688AJ5<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     400000 | PA      | $310608.68    | 0.50%             | 2031-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD KRW BOUGHT USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $211.39       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | ROMANIA EM SP BPS                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $520.43       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT NZD SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $-54.42       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EPH FINANCING INTERNATIONAL AS                                      | EPH FIN INTERNATIONAL AS EPH FIN INTERNATIONAL AS       | CUSIP: ACI2L2292<br>LEI: 3157003E5A4ZV0JCSM65 | Long             | DBT              | CORP              | CZ        |     200000 | PA      | $255554.70    | 0.42%             | 2028-11-13      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $0.36         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | 31750R859 PIMCO CDSOPT PUT USD 0.8 20251015             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |  -16000000 | NC      | $-181.12      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $90.95        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD PEN BOUGHT USD 20260218                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |          1 | NC      | $-1452.46     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD CZK BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CZ        |          1 | NC      | $27.10        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AKBANK TURK AS                                                      | AKBANK TAS SR UNSECURED REGS 01/30 7.498                | CUSIP: ACI2PKPF9<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $209998.38    | 0.34%             | 2030-01-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT AUD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $176.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                         | PIMCO PRV SHORT TERM FLT III MUTUAL FUND                | CUSIP: 000000000<br>LEI: LWVQWTQCFH3YG7CVH718 | Long             | STIV             | RF                | US        |     436400 | PA      | $4250096.50   | 6.91%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                 | BOUGHT AZN SOLD USD 20261029                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $1008.78      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | CDX ITRAXX MAIN43 5Y ICE                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | N/A       |          1 | NC      | $25786.81     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                     | SANDS CHINA LTD SR UNSECURED 06/30 4.375                | CUSIP: 80007RAL9<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     500000 | PA      | $491970.95    | 0.80%             | 2030-06-18      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD NZD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $33.27        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD SEK BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SE        |          1 | NC      | $-535.11      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GC TREASURY CENTER CO LTD                                           | GC TREASURY CENTRE CO COMPANY GUAR 144A 12/99 VAR       | CUSIP: 36830AAB3<br>LEI: 549300LUFQBC2EQNAR40 | Long             | DBT              | CORP              | TH        |     200000 | PA      | $202961.79    | 0.33%             | 2030-09-10      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                     | SANDS CHINA LTD SR UNSECURED 08/28 5.65                 | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     350000 | PA      | $358304.10    | 0.58%             | 2028-08-08      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| CAJA DE COMPENSACION DE ASIGNACION FAMILIAR DE LOS ANDES            | CAJA ASIGNACION LOS ANDE CAJA ASIGNACION LOS ANDE       | CUSIP: 12803AAD3<br>LEI: 549300VGDEQ1WZPVLL10 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $214205.80    | 0.35%             | 2029-07-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUST 2                                                   | ENERGUATE TRUST 2 0 SR UNSECURED 144A 09/35 6.35        | CUSIP: 29277RAB1<br>LEI: 2549000ZL9MU01FZK194 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $403004.48    | 0.66%             | 2035-09-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| QATARENERGY LNG S3                                                  | QATARENERGY LNG S3 SR SECURED REGS 09/27 6.332          | CUSIP: M8222MAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | QA        |     160600 | PA      | $162799.63    | 0.26%             | 2027-09-30      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| SAN MIGUEL GLOBAL POWER HOLDINGS CORP                               | SMC GLOBAL POWER HLDGS SR UNSECURED REGS 12/99 VAR      | CUSIP: ACI1YDKS4<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |     200000 | PA      | $197044.52    | 0.32%             | 2026-12-09      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | INDONESIA AS SP GST                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $2634.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD DOP BOUGHT USD 20260305                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-182.26      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | OIS THB THORON/1.00000 03/18/26-5Y LCH                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | TH        |          1 | NC      | $894.76       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COLOMBIAN GOVT                                                      | TITULOS DE TESORERIA BONDS 11/40 12.75                  | CUSIP: ACI2WQVJ3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        | 1737200000 | PA      | $464256.54    | 0.75%             | 2040-11-28      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| COLBUN SA                                                           | COLBUN SA SR UNSECURED 144A 09/35 5.375                 | CUSIP: 192714AF0<br>LEI: 5493003VQJLE2QB8IF36 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $200180.00    | 0.33%             | 2035-09-11      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL COMPANY (SAUDI ARAMCO)                            | SAUDI ARABIAN OIL CO SR UNSECURED REGS 06/55 6.375      | CUSIP: ACI2XGJ17<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |     200000 | PA      | $213344.84    | 0.35%             | 2055-06-02      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GLP CHINA HOLDINGS LTD                                              | GLP CHINA HOLDINGS LTD SR UNSECURED REGS 03/26 2.95     | CUSIP: ACI1WPJM4<br>LEI: 254900C6X2D3TGF2CO98 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $197078.68    | 0.32%             | 2026-03-29      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20251215                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-1215.67     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                                                  | BRASKEM IDESA SAPI SR SECURED REGS 11/29 7.45           | CUSIP: P1850NAA9<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $122359.63    | 0.20%             | 2029-11-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | CDX ITRAXX XOV44 5Y ICE                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | N/A       |          1 | NC      | $21484.05     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| VALE SA                                                             | VALE SA SUBORDINATED 12/49 VAR                          | CUSIP: B011X9II2<br>LEI: 254900SMTWBX7RU2SR20 | Long             | DBT              | CORP              | BR        |    2910000 | PA      | $196287.28    | 0.32%             | 2049-12-29      | Variable      | 1.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | 31750PJ77 PIMCO FXVAN CALL USD TRY 56.90000000          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BM        |    -140000 | NC      | $-477.96      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                | FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0506B7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1200000 | PA      | $1189426.08   | 1.93%             | 2055-11-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD GBP BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $401.20       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KALLPA GENERACION SA                                                | KALLPA GENERACION SA SR UNSECURED 144A 09/35 5.5        | CUSIP: 48344FAC4<br>LEI: 549300NG1PWEI5BZG095 | Long             | DBT              | CORP              | PE        |     300000 | PA      | $303195.00    | 0.49%             | 2035-09-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAN MIGUEL GLOBAL POWER HOLDINGS CORP                               | SAN MIGUEL GLOBAL POWER SAN MIGUEL GLOBAL POWER         | CUSIP: ACI2R22H8<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $411282.88    | 0.67%             | 2029-06-12      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT MYR SOLD USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MY        |          1 | NC      | $-33.52       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD KRW BOUGHT USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $307.32       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/30 6.75     | CUSIP: ACI30CTL5<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     139708 | PA      | $2270.26      | 0.00%             | 2030-12-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL SA/LONDON BRANCH                                    | BANCO DO BRASIL SA/LONDO SR UNSECURED REGS 07/26 8.5    | CUSIP: ACI2J3525<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |    7000000 | PA      | $384976.87    | 0.63%             | 2026-07-29      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NBK SPC LIMITED                                                     | NBK SPC LTD COMPANY GUAR REGS 09/27 VAR                 | CUSIP: ACI20D7D7<br>LEI: 549300P1ANDK86KWB419 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $389376.00    | 0.63%             | 2027-09-15      | Floating      | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT PLN SOLD USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $-134.59      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GLP PTE LTD                                                         | GLP PTE LTD SR UNSECURED REGS 05/28 9.75                | CUSIP: ACI2X0ZD8<br>LEI: 254900PC2NNG9BLIJO15 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $208970.62    | 0.34%             | 2028-05-20      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ALFA BANK AO VIA ALFA BOND ISSUANCE PLC                             | ALFA BANK (ALFA BOND) SUBORDINATED 144A 04/30 VAR       | CUSIP: 01538RAF6<br>LEI: 54930015QM0G7XTNYR27 | Long             | DBT              | CORP              | IE        |     500000 | PA      | $30000.00     | 0.05%             | 2030-04-15      | Floating      | 5.95%                 | No            |                  3 | On Loan: No      |
| N/A                                                                 | BOUGHT EUR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-1032.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT THB SOLD USD 20251020                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-24.71       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                          | FIRST QUANTUM MINERALS L COMPANY GUAR 144A 03/33 8      | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     300000 | PA      | $317132.07    | 0.52%             | 2033-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DIGICEL INTERNATIONAL FINANCE LTD / DIFL US LLC                     | DIG INTL FIN/DIFL US LLC SR SECURED 144A 08/32 8.625    | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     600000 | PA      | $617320.94    | 1.00%             | 2032-08-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| MINERA MEXICO SA DE CV                                              | MINERA MEXICO SA DE CV SR UNSECURED 144A 02/32 5.625    | CUSIP: 60284MAC6<br>LEI: 2549005BMA2EK49I0T98 | Long             | DBT              | CORP              | MX        |     300000 | PA      | $309900.00    | 0.50%             | 2032-02-12      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT NZD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $-113.20      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EMPRESA ELECTRICA COCHRANE SPA                                      | EMPRESA ELECTRICA COCHRA SR SECURED 144A 05/27 5.5      | CUSIP: 29246XAB6<br>LEI: 5493000S11JF8TJHYT07 | Long             | DBT              | CORP              | CL        |      31030 | PA      | $30749.18     | 0.05%             | 2027-05-14      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-683.41      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PETRON CORPORATION                                                  | PETRON CORP SR UNSECURED REGS 12/99 VAR                 | CUSIP: ACI1X2YH8<br>LEI: 549300R3PFXOFQSZ7G25 | Long             | DBT              | CORP              | PH        |     200000 | PA      | $200243.87    | 0.33%             | 2026-04-19      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE LTD (AKA: CCL FINANCE LTD)                     | RAIZEN FUELS FINANCE COMPANY GUAR 144A 07/32 6.25       | CUSIP: 75102XAF3<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     300000 | PA      | $293175.00    | 0.48%             | 2032-07-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | 31750R842 PIMCO CDSOPT PUT USD 0.6 20251015             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |   16000000 | NC      | $866.24       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HANWHA LIFE INSURANCE CO LTD                                        | HANWHA LIFE INSURANCE SUBORDINATED 144A 06/55 VAR       | CUSIP: 41135UAC9<br>LEI: 988400ZKCI3R9DQHR320 | Long             | DBT              | CORP              | KR        |     300000 | PA      | $314460.29    | 0.51%             | 2055-06-24      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| PT FREEPORT INDONESIA                                               | FREEPORT INDONESIA PT SR UNSECURED REGS 04/52 6.2       | CUSIP: Y7141BAC7<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $204756.20    | 0.33%             | 2052-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| UZBEK INDUSTRIAL AND CONSTRUCTION BANK ATB                          | UZBEK INDUSTRIAL AND CON UZBEK INDUSTRIAL AND CON       | CUSIP: 917935AB4<br>LEI: 213800C2NIFPFTXYIU69 | Long             | DBT              | CORP              | UZ        | 2500000000 | PA      | $216934.42    | 0.35%             | 2027-07-24      | Fixed         | 21.00%                | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                   | REPUBLIC OF SOUTH AFRICA SR UNSECURED 02/35 8.875       | CUSIP: BYY9RYII7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   14600000 | PA      | $830559.93    | 1.35%             | 2035-02-28      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.50000 12/18/24-30Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $16871.35     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX MPC II SARL                                   | CHILE ELECTRICITY LUX GOVT GUARANT 144A 10/35 5.672     | CUSIP: 16882LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     300000 | PA      | $309749.31    | 0.50%             | 2035-10-20      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $59.62        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AES ANDES SA                                                        | AES ANDES SA AES ANDES SA                               | CUSIP: 00111VAA5<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $209360.40    | 0.34%             | 2029-03-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVT                                                       | THAILAND GOVERNMENT BOND BONDS 06/38 3.3                | CUSIP: ACI16S3F9<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      30000 | PA      | $1105.50      | 0.00%             | 2038-06-17      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVT                                                       | THAILAND GOVERNMENT BOND SR UNSECURED 06/43 3.45        | CUSIP: ACI27N3Q3<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      20000 | PA      | $759.37       | 0.00%             | 2043-06-17      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                          | FIRST QUANTUM MINERALS L COMPANY GUAR 144A 02/34 7.25   | CUSIP: 335934AX3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     300000 | PA      | $310385.40    | 0.50%             | 2034-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT NZD SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $35.48        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE FINANCIAL COMPANY LLC                                | JPMORGAN CHASE FINANCIAL COMPANY GUAR REGS 04/28 0.0000 | CUSIP: ACI2W1WQ1<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |     200000 | PA      | $195515.00    | 0.32%             | 2028-04-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251028                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $379.23       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/31 0.00000  | CUSIP: ACI30CTS0<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     116423 | PA      | $2765.05      | 0.00%             | 2031-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| QIC (CAYMAN) LIMITED                                                | QIC CAYMAN LTD COMPANY GUAR REGS 12/99 VAR              | CUSIP: ACI2YGS40<br>LEI: 549300ZO9661UN55F475 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $305467.49    | 0.50%             | 2031-04-10      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EGP BOUGHT USD 20260408                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $-836.05      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RIO OIL FINANCE TRUST SERIES 2018-1                                 | RIO OIL FINANCE TRUST SR SECURED 144A 04/28 8.2         | CUSIP: 76716XAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     206200 | PA      | $213367.51    | 0.35%             | 2028-04-06      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT INR SOLD USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-4.81        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE BV                                         | PETROBRAS GLOBAL FINANCE COMPANY GUAR 09/30 5.125       | CUSIP: 71647NBM0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     300000 | PA      | $296877.00    | 0.48%             | 2030-09-10      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD DOP BOUGHT USD 20251124                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-179.79      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                | FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F0526B3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     250000 | PA      | $251913.01    | 0.41%             | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WE SODA INVESTMENTS HOLDING PLC                                     | WE SODA INV HOLDING PLC SR SECURED REGS 10/28 9.5       | CUSIP: G95448AA7<br>LEI: 984500SE38C07DB47A90 | Long             | DBT              | CORP              | GB        |     350000 | PA      | $339956.18    | 0.55%             | 2028-10-06      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| MONTEGO BAY AIRPORT REVENUE FINANCE LIMITED                         | MONTEGO BAY AIRPORT REVE SR SECURED 144A 06/35 6.6      | CUSIP: 61238BAA9<br>LEI: 2549008BQQ5ON8H2UC19 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $306937.50    | 0.50%             | 2035-06-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVT                                                       | THAILAND GOVERNMENT BOND SR UNSECURED 06/33 3.35        | CUSIP: ACI29CBT0<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      40000 | PA      | $1413.44      | 0.00%             | 2033-06-17      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CREDICORP CAPITAL SOCIEDAD TITULIZADORA SA                          | CREDICORP CAPITAL SOCIED LOCAL GOVT G 144A 03/45 9.7    | CUSIP: 224939AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     500000 | PA      | $152647.57    | 0.25%             | 2045-03-05      | Fixed         | 9.70%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/29 6.5      | CUSIP: ACI30CTX9<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     116423 | PA      | $2473.99      | 0.00%             | 2029-12-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD MXN BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |          1 | NC      | $-10663.80    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20251118                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-49.46       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD 12/28 0                        | CUSIP: ACI30CWY3<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      93139 | PA      | $2212.05      | 0.00%             | 2028-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EGP BOUGHT USD 20260708                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $-1588.65     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251203                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $73.05        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MUTHOOT FINANCE LIMITED                                             | MUTHOOT FINANCE LTD SR SECURED 144A 03/30 6.375         | CUSIP: 62828L2E2<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |     300000 | PA      | $305105.35    | 0.50%             | 2030-03-02      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-1918.57     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | REVERSE REPO BARCLAYS REVERSE REPO                      | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -431225 | PA      | $-431828.71   | -0.70%            |  |  |  | No            |                  2 | On Loan: No      |
| AIA GROUP LIMITED                                                   | AIA GROUP LTD SR UNSECURED REGS 04/29 3.6               | CUSIP: 00131MAH6<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     300000 | PA      | $295388.59    | 0.48%             | 2029-04-09      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| LENOVO GROUP LIMITED                                                | LENOVO GROUP LTD SR UNSECURED REGS 11/30 3.421          | CUSIP: Y5257YAJ6<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $189969.62    | 0.31%             | 2030-11-02      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| HANWHA Q CELLS AMERICAS HOLDINGS CORP                               | HANWHA Q CELLS AMERICA COMPANY GUAR REGS 07/28 5        | CUSIP: U3822UAA8<br>LEI: 988400471QDZGCLXRM35 | Long             | DBT              | CORP              | US        |     200000 | PA      | $204626.63    | 0.33%             | 2028-07-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORPORACION INMOBILIARIA VESTA SAB DE CV                            | CORPORACION INMOBILIARIA SR UNSECURED 144A 01/33 5.5    | CUSIP: 21989DAB8<br>LEI: 4469000001BIRIFZJ959 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $202350.00    | 0.33%             | 2033-01-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.75000 12/18/24-5Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $17027.33     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | IRS EUR 2.50000 03/18/26-5Y LCH                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-905.65      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                                             | SASOL FINANCING USA LLC COMPANY GUAR REGS 11/27 4.5     | CUSIP: ACI29X9W0<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     400000 | PA      | $383400.00    | 0.62%             | 2027-11-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251106                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $212.52       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ORLEN SA                                                            | ORLEN SA SR UNSECURED 144A 01/35 6                      | CUSIP: 68666UAA3<br>LEI: 259400VVMM70CQREJT74 | Long             | DBT              | CORP              | PL        |     200000 | PA      | $209308.85    | 0.34%             | 2035-01-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LIMITED                                         | RELIANCE INDUSTRIES LTD SR UNSECURED 144A 01/32 2.875   | CUSIP: 759470BB2<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |     300000 | PA      | $272657.58    | 0.44%             | 2032-01-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251113                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $2271.58      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | CDX EM42 ICE                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-1652.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20260326                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-744.67      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SHINHAN FINANCIAL GROUP CO LTD                                      | SHINHAN FINANCIAL GROUP SR UNSECURED REGS 07/28 5       | CUSIP: Y7749XBA8<br>LEI: 988400EB8A6G49E5KO54 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $204189.34    | 0.33%             | 2028-07-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES FINANCE II PLC                                    | VEDANTA RESOURCES COMPANY GUAR REGS 09/29 10.875        | CUSIP: G9T27HAG9<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $209841.00    | 0.34%             | 2029-09-17      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| N/A                                                                 | PEMEX LCDS SP DUB                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $2262.08      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TENGIZCHEVROIL FINANCE COMPANY INTERNATIONAL LTD                    | TENGIZCHEVROIL FIN CO IN SR SECURED REGS 08/30 3.25     | CUSIP: ACI1P5K28<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |     700000 | PA      | $646332.41    | 1.05%             | 2030-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EGP BOUGHT USD 20260625                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $-631.24      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.25000 06/18/25-4Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $12045.17     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EGP BOUGHT USD 20260408                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | EG        |          1 | NC      | $-1065.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ANTOFAGASTA PLC                                                     | ANTOFAGASTA PLC SR UNSECURED 144A 09/35 5.625           | CUSIP: 03718NAD8<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $204032.00    | 0.33%             | 2035-09-09      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/32 7.25     | CUSIP: ACI30CNV9<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     196356 | PA      | $2994.43      | 0.00%             | 2032-12-28      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/28 6.25     | CUSIP: ACI30CR29<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      69854 | PA      | $1589.18      | 0.00%             | 2028-12-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | US ULTRA BOND CBT DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         -3 | NC      | $-9215.32     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-14090.93    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT ILS SOLD USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $1317.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RENEW WIND ENERGY AP2 / RENEW POWER PVT LTD OTHER 9 SUBSIDIARIES    | 10 RENEW POWER SUBSIDIAR SR SECURED REGS 07/28 4.5      | CUSIP: Y7280PAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |     250000 | PA      | $241529.20    | 0.39%             | 2028-07-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/32 0.00000  | CUSIP: ACI30CRD5<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     219641 | PA      | $5216.47      | 0.01%             | 2032-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD AUD BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $-175.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CENCOSUD SA                                                         | CENCOSUD SA CENCOSUD SA                                 | CUSIP: 15132HAJ0<br>LEI: 549300NLTGCFV7482429 | Long             | DBT              | CORP              | CL        |     300000 | PA      | $315925.95    | 0.51%             | 2031-05-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BANK LEUMI LE-ISRAEL BM                                             | BANK LEUMI LE ISRAEL SUBORDINATED 144A REGS 07/33 V     | CUSIP: ACI2C9XL6<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |     200000 | PA      | $209422.50    | 0.34%             | 2033-07-18      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                                                | SAMARCO MINERACAO SA SR UNSECURED REGS 06/31 9.5        | CUSIP: P8405QAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |     209132 | PA      | $210348.10    | 0.34%             | 2031-06-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                                        | KOOKMIN BANK SUBORDINATED REGS 11/30 2.5                | CUSIP: 50050HAN6<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |     500000 | PA      | $452257.82    | 0.74%             | 2030-11-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VISTA ENERGY ARGENTINA SAU                                          | VISTA OIL + GAS ARGENTIN SR UNSECURED 144A 06/33 8.5    | CUSIP: 92841RAB6<br>LEI: 549300FE4UJNCG1DB123 | Long             | DBT              | CORP              | AR        |     200000 | PA      | $203339.60    | 0.33%             | 2033-06-10      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT ILS SOLD USD 20251015                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $2498.04      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ICBC STANDARD BANK PLC                                              | ICBC STANDARD BANK PLC SR UNSECURED 144A 09/29 20       | CUSIP: 85312EER0<br>LEI: F01VVKN4DRF2NWKGQ283 | Long             | DBT              | CORP              | GB        | 2883000000 | PA      | $238901.01    | 0.39%             | 2029-09-18      | Fixed         | 20.00%                | No            |                  3 | On Loan: No      |
| BANCO DAVIVIENDA SA                                                 | BANCO DAVIVIENDA SA JR SUBORDINA 144A 07/35 VAR         | CUSIP: 059501AG1<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |     300000 | PA      | $311712.67    | 0.51%             | 2035-07-02      | Floating      | 8.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | IRS EUR 3.00000 03/18/26-30Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $551.52       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | CDX ITRAXX MAIN44 5Y ICE                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | N/A       |          1 | NC      | $5361.62      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT EUR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-2953.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FORTUNE STAR (BVI) LIMITED                                          | FORTUNE STAR BVI LTD COMPANY GUAR REGS 10/26 3.95       | CUSIP: ACI1YV0X5<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |     300000 | PA      | $351324.82    | 0.57%             | 2026-10-02      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-1770.58     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ALFA BANK AO VIA ALFA BOND ISSUANCE PLC                             | ALFA BANK (ALFA BOND) SUBORDINATED REGS 04/30 VAR       | CUSIP: ACI1G2134<br>LEI: 54930015QM0G7XTNYR27 | Long             | DBT              | CORP              | IE        |     400000 | PA      | $24000.00     | 0.04%             | 2030-04-15      | Floating      | 5.95%                 | No            |                  3 | On Loan: No      |
| NANSHAN LIFE PTE LTD                                                | NANSHAN LIFE PTE LTD COMPANY GUAR REGS 09/34 5.45       | CUSIP: ACI2R1P36<br>LEI: 2138006QCWSN6N7E1140 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $198682.80    | 0.32%             | 2034-09-11      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| EAGLE FUNDING LUXCO SA RL                                           | EAGLE FUNDING LUXCO SARL SR UNSECURED 144A 08/30 5.5    | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |     500000 | PA      | $507905.00    | 0.83%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $210.15       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT CLP SOLD USD 20260318                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CL        |          1 | NC      | $125.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AKBANK TURK AS                                                      | AKBANK TAS SR UNSECURED 144A 01/30 7.498                | CUSIP: 00971YAL4<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |     300000 | PA      | $314997.57    | 0.51%             | 2030-01-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PAMPA ENERGIA SA                                                    | PAMPA ENERGIA SA SR UNSECURED 144A 12/34 7.875          | CUSIP: 697660AF5<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |     200000 | PA      | $197600.00    | 0.32%             | 2034-12-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LIMITED                                                  | WYNN MACAU LTD SR UNSECURED 144A 02/34 6.75             | CUSIP: 98313RAL0<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |     250000 | PA      | $253605.43    | 0.41%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINANCE BV                                      | EMBRAER NETHERLANDS FINA COMPANY GUAR REGS 07/30 7      | CUSIP: N29505AB5<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $218956.00    | 0.36%             | 2030-07-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CFE FIBRA E                                                         | CFE FIBRA E SR UNSECURED 144A 09/40 5.875               | CUSIP: 125276AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     300000 | PA      | $303480.00    | 0.49%             | 2040-09-23      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.75000 06/20/24-5Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $17085.98     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ALPHA STAR HOLDING IX LIMITED                                       | ALPHA STAR HO IX LTD COMPANY GUAR REGS 08/28 7          | CUSIP: ACI2V0LL7<br>LEI: 254900IL2SBV9ANGBE89 | Long             | DBT              | CORP              | AE        |     300000 | PA      | $307858.62    | 0.50%             | 2028-08-26      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NIGERIA GOVT                                                        | NIGERIA OMO BILL OMO260629                              | CUSIP: 958ZIBII4<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |  312270000 | PA      | $183601.34    | 0.30%             | 2026-06-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO E INVERSIONES SA/SANTIAGO BRANCH                   | BANC CREDITO INVERSIONES SR UNSECURED 144A 10/31 2.875  | CUSIP: 05890MAB9<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     500000 | PA      | $457769.95    | 0.74%             | 2031-10-14      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | OAS SA WTS CALL EXP 21JAN39                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | BR        |     131712 | NC      | $0.13         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                | LAS VEGAS SANDS CORP LAS VEGAS SANDS CORP               | CUSIP: 517834AK3<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     300000 | PA      | $312589.17    | 0.51%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS FINANCE NETHERLANDS BV                         | TEVA PHARMACEUTICALS NE COMPANY GUAR 10/46 4.1          | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $149436.02    | 0.24%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| JOINT STOCK COMPANY KASPIKZ                                         | KASPI.KZ JSC SR UNSECURED 144A 03/30 6.25               | CUSIP: 466281AA0<br>LEI: 2549003YU6FARG8OAZ13 | Long             | DBT              | CORP              | KZ        |     300000 | PA      | $309093.33    | 0.50%             | 2030-03-26      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ECUADOR GOVT                                                        | REPUBLIC OF ECUADOR SR UNSECURED REGS 07/30 VAR         | CUSIP: ACI1Q6J43<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     200000 | PA      | $178200.00    | 0.29%             | 2030-07-31      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | MEXICO LA SP BPS                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $1300.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KOREA EXPRESSWAY CORPORATION                                        | KOREA EXPRESSWAY CORP KOREA EXPRESSWAY CORP             | CUSIP: 50066HAD0<br>LEI: 988400EZO9DR1OFL5772 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $203137.92    | 0.33%             | 2027-05-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | PING AN INSURANCE (GROUP) SNR AS SP DBL                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-234.27      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK HAPOALIM LTD                                                   | BANK HAPOALIM SUBORDINATED 144A REGS 01/32 V            | CUSIP: ACI2155Q6<br>LEI: B6ARUI4946ST4S7WOU88 | Long             | DBT              | CORP              | IL        |     200000 | PA      | $195484.50    | 0.32%             | 2032-01-21      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                            | AFRICAN DEVELOPMENT BANK AFRICAN DEVELOPMENT BANK       | CUSIP: 008281BK2<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | CORP              | N/A       |     200000 | PA      | $200500.00    | 0.33%             | 2035-05-07      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| CZECHOSLOVAK GROUP AS                                               | CZECHOSLOVAK GROUP SR SECURED 144A 01/31 6.5            | CUSIP: ACI2Y9LD3<br>LEI: 315700SWFD7G70AVG768 | Long             | DBT              | CORP              | CZ        |     200000 | PA      | $206728.70    | 0.34%             | 2031-01-10      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NIAGARA ENERGY SAC                                                  | NIAGARA ENERGY SAC SR UNSECURED 144A 10/34 5.746        | CUSIP: 65345YAA0<br>LEI: 254900V9UGCG42YQ6848 | Long             | DBT              | CORP              | PE        |     300000 | PA      | $309140.37    | 0.50%             | 2034-10-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES FINANCE II PLC                                    | VEDANTA RESOURCES COMPANY GUAR 144A 07/30 9.475         | CUSIP: 92243XAM3<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $202080.01    | 0.33%             | 2030-07-24      | Fixed         | 9.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.25000 06/18/25-30Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $37239.65     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $37.49        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/27 VAR      | CUSIP: ACI30CTV3<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      46569 | PA      | $1280.65      | 0.00%             | 2027-12-28      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| BANCO DAVIVIENDA SA                                                 | BANCO DAVIVIENDA SA JR SUBORDINA REGS 07/35 VAR         | CUSIP: P0R137PD9<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |     200000 | PA      | $207808.44    | 0.34%             | 2035-07-02      | Floating      | 8.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | US 5YR NOTE (CBT) DEC25 XCBT 20251231                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         77 | NC      | $-2675.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD NZD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $54.51        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| REDE DOR FINANCE                                                    | REDE D OR FINANCE SARL COMPANY GUAR 144A 09/35 6.45     | CUSIP: 75735GAC2<br>LEI: 549300FDE772OLJUCP79 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $205625.00    | 0.33%             | 2035-09-09      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| SAMMAAN CAPITAL LTD                                                 | SAMMAAN CAPITAL LTD SR SECURED 144A 08/28 8.95          | CUSIP: ACI2ZV5Z2<br>LEI: 335800A2A3G53ZQZTQ21 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $200768.61    | 0.33%             | 2028-08-28      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251110                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $226.58       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                  | US TREASURY N/B 11/40 1.375                             | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     900000 | PA      | $587548.83    | 0.96%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| NIGERIA GOVT                                                        | NIGERIA OMO BILL BILLS 11/25 0.00000                    | CUSIP: ACI2XYZR3<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |  349925000 | PA      | $230493.45    | 0.37%             | 2025-11-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | MEXICO LA SP BPS                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $306.58       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RIO OIL FINANCE TRUST SERIES 2014-3                                 | RIO OIL FINANCE TRUST SR SECURED REGS 01/27 9.75        | CUSIP: U76673AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     144683 | PA      | $150023.79    | 0.24%             | 2027-01-06      | Variable      | 9.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20251212                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-176.69      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | CDX HY45 5Y ICE                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $7848.15      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UNIGEL LUXEMBOURG SA                                                | UNIGEL LUXEMBOURG SA SR SECURED 144A 12/27 VAR          | CUSIP: 904752AC6<br>LEI: 213800Y16R77O7LH7X62 | Long             | DBT              | CORP              | LU        |     222480 | PA      | $171309.60    | 0.28%             | 2027-12-31      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD PHP BOUGHT USD 20251215                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PH        |          1 | NC      | $62.26        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD CZK BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CZ        |          1 | NC      | $6.45         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT KZT SOLD USD 20251205                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KZ        |          1 | NC      | $-124.88      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD. 12/25 0                       | CUSIP: ACI30CNL1<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      34929 | PA      | $1047.87      | 0.00%             | 2025-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FIBRA UNO (TRUST F/1401)                                            | TRUST FIBRAUNO SR UNSECURED REGS 01/50 6.39             | CUSIP: P9401CAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     300000 | PA      | $277110.78    | 0.45%             | 2050-01-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251021                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $3749.45      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE LTD (AKA: CCL FINANCE LTD)                     | RAIZEN FUELS FINANCE COMPANY GUAR REGS 07/32 6.25       | CUSIP: L7909CAJ6<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $195450.00    | 0.32%             | 2032-07-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL PLC                                          | ANGLO AMERICAN CAPITAL COMPANY GUAR REGS 05/33 5.5      | CUSIP: G0446NAY0<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     300000 | PA      | $310813.13    | 0.51%             | 2033-05-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD DOP BOUGHT USD 20260320                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $557.63       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251119                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $4.79         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SNB FUNDING LIMITED                                                 | SNB FUNDING LTD COMPANY GUAR REGS 06/35 VAR             | CUSIP: ACI2Y1688<br>LEI: 549300PT73WJRNMAKE44 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $410475.51    | 0.67%             | 2035-06-24      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| ORAZUL ENERGY PERU SA                                               | ORAZUL ENERGY PERU SA SR UNSECURED 144A 09/32 6.25      | CUSIP: 685948AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     200000 | PA      | $203338.34    | 0.33%             | 2032-09-17      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL JSC                                            | KAZMUNAYGAS NATIONAL CO SR UNSECURED REGS 10/48 6.375   | CUSIP: Y44709AG1<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     700000 | PA      | $697444.51    | 1.13%             | 2048-10-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.75000 09/17/25-10Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-2222.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL COMPANY (SAUDI ARAMCO)                            | SAUDI ARABIAN OIL CO SR UNSECURED 144A 06/30 4.75       | CUSIP: 80414L2X2<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |     200000 | PA      | $202882.29    | 0.33%             | 2030-06-02      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GREENTOWN CHINA HOLDINGS LIMITED                                    | GREENTOWN CHINA HLDGS COMPANY GUAR REGS 02/28 8.45      | CUSIP: ACI2TX9C2<br>LEI: 529900BLBC6YDNWS8530 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $208350.28    | 0.34%             | 2028-02-24      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD HUF BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | HU        |          1 | NC      | $92.71        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD INR BOUGHT USD 20251017                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $77.97        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | US 10YR NOTE (CBT)DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         23 | NC      | $9856.68      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GRUMA SA DE CV                                                      | GRUMA SAB DE CV SR UNSECURED 144A 12/54 5.761           | CUSIP: 400131AJ7<br>LEI: 5493000XJLJ6C4T0PG82 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $199282.63    | 0.32%             | 2054-12-09      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | ZCS BRL 12.09 03/24/23-01/04/27 CME                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | BR        |          1 | NC      | $-16549.83    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | RFR USD SOFR/3.25000 06/18/25-5Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $3565.98      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | 31750RH18 PIMCO CDSOPT PUT USD 0.75 20251119            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |  -12400000 | NC      | $-2231.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIA GOVT                                                        | ROMANIA SR UNSECURED REGS 07/39 6.75                    | CUSIP: ACI2W14X7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     100000 | PA      | $119791.91    | 0.19%             | 2039-07-11      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CANADA SQUARE FUNDING 6                                             | CANADA SQUARE MORTGAGE FUNDING CSF 6 A REGS             | CUSIP: ACI23B4N9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |      70407 | PA      | $94955.42     | 0.15%             | 2059-01-17      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| ISRAEL ELECTRIC CORPORATION LTD                                     | ISRAEL ELECTRIC CORP LTD SR SECURED 144A REGS 08/28 4.2 | CUSIP: 465077AL9<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |     200000 | PA      | $197459.80    | 0.32%             | 2028-08-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD ASHANTI HOLDINGS PLC                                      | ANGLOGOLD HOLDINGS PLC COMPANY GUAR 10/30 3.75          | CUSIP: 03512TAE1<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |     400000 | PA      | $381797.37    | 0.62%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT SGD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $-43.78       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HEALTH AND HAPPINESS (H&H) INTERNATIONAL HOLDINGS LIMITED           | HEALTH AND HAPPINESS H+H SR SECURED REGS 07/28 9.125    | CUSIP: ACI2T8Q04<br>LEI: 2138007WU5DJFZFDDV59 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $213428.57    | 0.35%             | 2028-07-24      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | IRS CZK 4.61100 06/06/23-5Y CME                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | CZ        |          1 | NC      | $8173.90      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD COP BOUGHT USD 20251128                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CO        |          1 | NC      | $-15393.84    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                            | KAISA GROUP HOLDINGS LTD SR SECURED REGS 11/27 5        | CUSIP: ACI30C5Q0<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |       1985 | PA      | $208.43       | 0.00%             | 2027-11-30      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| N/A                                                                 | 31750PJ85 PIMCO FXVAN PUT USD TRY 41.60000000           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -140000 | NC      | $-115.92      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT TRY SOLD USD 20251107                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |          1 | NC      | $416.84       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT AZN SOLD USD 20271029                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-2004.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | BOUGHT ILS SOLD USD 20251113                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $1543.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-1875.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HEXAWARE TECHNOLOGIES (CA MAGNUM HOLDINGS)                          | CA MAGNUM HOLDINGS SR SECURED REGS 10/26 5.375          | CUSIP: V1541CAA1<br>LEI: 549300ZRDHFR078MFZ78 | Long             | DBT              | CORP              | MU        |     200000 | PA      | $199623.64    | 0.32%             | 2026-10-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $-85.73       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA/TAXAS BRANCH                                       | BBVA BANCOMER SA TEXAS SUBORDINATED 144A 02/35 VAR      | CUSIP: 072912AA6<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $210900.00    | 0.34%             | 2035-02-11      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| LATAM AIRLINES GROUP SA                                             | LATAM AIRLINES GROUP SA SR SECURED 144A 01/31 7.625     | CUSIP: 51817RAE6<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |     500000 | PA      | $518968.01    | 0.84%             | 2031-01-07      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | SOLD KRW BOUGHT USD 20251022                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $317.29       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                 | OIS MXN TIIE1+24/8.2* 12/08/25-3Y* CME                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | MX        |          1 | NC      | $4276.63      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UKRAINE GOVT                                                        | UKRAINE GOVERNMENT SR UNSECURED 144A 02/36 VAR          | CUSIP: 903724CC4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      51528 | PA      | $28082.76     | 0.05%             | 2036-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | AMERICA MOVIL SAB DE CV SNR LA SP BRC                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $1686.24      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** PIMCO Funds

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer