# EDGAR Filing Document

**Accession Number:** 0000277751
**File Stem:** 0001193125-26-081222
**Filing Date:** 2026-2
**Character Count:** 83429
**Document Hash:** 8b294fe5e2bba4fc7f230c64fd238e59
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-081222.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-081222

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JANUS INVESTMENT FUND
- **CENTRAL INDEX KEY:** 0000277751

**ORGANIZATION NAME:**
- **EIN:** 840592523
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01879
- **FILM NUMBER:** 26695660

**BUSINESS ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 303-333-3863

**MAIL ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JANUS FUND /MD/
- **DATE OF NAME CHANGE:** 19870701

## Series and Classes Contracts Data

### Janus Henderson High-Yield Fund (Series ID: S000010468)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000028924 | Class T      | JAHYX           |
| C000077664 | Class A      | JHYAX           |
| C000077665 | Class C      | JDHCX           |
| C000077666 | Class I      | JHYFX           |
| C000077667 | Class R      | JHYRX           |
| C000077668 | Class S      | JDHYX           |
| C000083516 | Class D      | JNHYX           |
| C000114871 | Class N      | JHYNX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JANUS INVESTMENT FUND

- **b. Investment Company Act file number:** 811-01879

- **c. CIK number of Registrant:** 0000277751

- **d. LEI of Registrant:** W6UYDZFUOFJ4HQQ32382

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

  - **Street Address 1:** 151 Detroit Street

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80206

  - **Telephone number:** 303-333-3863

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

- **a. Name of Series:** Janus Henderson High-Yield Fund

- **b. EDGAR series identifier (if any):** S000010468

- **c. LEI of Series:** EL1Q72EQG65N1PYH1412

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $712509677.08

**Total Liabilities:** $10569859.13

**Net Assets:** $701939817.95

**Delayed Delivery Securities:** $6088575.00

**Cash Not Reported:** $4744.88

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -0.735016534337 | **1-Year:** -57.090426404145 | **5-Year:** -120.720198660332 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** -780.856130201791 | **1-Year:** -33896.959035610970 | **5-Year:** -145652.776977460400 | **10-Year:** -55431.601301587070 | **30-Year:** -7217.931707745884

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028924 | 0.42%                | 0.49%                | 0.54%                |
| Class ID C000077664 | 0.41%                | 0.35%                | 0.67%                |
| Class ID C000077665 | 0.35%                | 0.42%                | 0.47%                |
| Class ID C000077666 | 0.43%                | 0.50%                | 0.55%                |
| Class ID C000077667 | 0.37%                | 0.45%                | 0.50%                |
| Class ID C000077668 | 0.40%                | 0.34%                | 0.65%                |
| Class ID C000083516 | 0.43%                | 0.50%                | 0.55%                |
| Class ID C000114871 | 0.44%                | 0.37%                | 0.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3714432.00              | $-4967737.00                               |
| Month 2  | $165015.00               | $-142353.00                                |
| Month 3  | $1316278.00              | $-1002058.00                               |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Corporate High Yield Unhedged in USD

- **Index Identifier:** BARCLAYS.MC.LEHM000204UUSD

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Burford Capital Global Finance LLC                                                         | BURLN 7.5 07/15/33 144A                                          | CUSIP: 12116LAG4<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |   1933000 | PA      | $1844586.92   | 0.26%             | 2033-07-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Caesars Entertainment Inc.                                                                 | CZR 6 10/15/32 144A                                              | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |  10733000 | PA      | $10437294.04  | 1.49%             | 2032-10-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| Carvana Co                                                                                 | CVNA 5.875 10/01/28 144A                                         | CUSIP: 146869AD4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     95000 | PA      | $91200.00     | 0.01%             | 2028-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Dayforce (Ceridian HCM)                                                                    | Dayforce (Ceridian HCM) Term Loan B 300 2032-09-22               | CUSIP: 23923YAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2731000 | PA      | $2721250.33   | 0.39%             | 2032-08-20      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Forefront Dermatology                                                                      | Forefront Dermatology Term Loan B 425 2029-03-07                 | CUSIP: 24982LAB1<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   2657065 | PA      | $2558541.14   | 0.36%             | 2029-03-30      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Operating Partnership LLC/ EF Holdco Inc/ EF Cayman Holdings Ltd       | EFC 7.375 09/30/30 144A                                          | CUSIP: 31574BAA4<br>LEI: 5493001B24G0P4YVJ571 | Long             | DBT              | CORP              | N/A       |   3267000 | PA      | $3292544.67   | 0.47%             | 2030-09-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Six Flags Entertainment Corp.                                                              | FUN 7.25 05/15/31 144A                                           | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   5578000 | PA      | $5352188.00   | 0.76%             | 2031-05-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| StoneX Group Inc                                                                           | SNEX 7.875 03/01/31 144A                                         | CUSIP: 861896AA6<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |   6905000 | PA      | $7336010.10   | 1.05%             | 2031-03-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                  | SUN V7.875 PERP 144A                                             | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  15400000 | PA      | $15820035.15  | 2.25%             | 2099-12-31      | Variable      | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                                                              | SURCEN 7.25 04/15/32 144A                                        | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |   2605000 | PA      | $2634874.92   | 0.38%             | 2032-04-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Synergy Infrastructure Holdings LLC                                                        | SYNRGY 7.875 12/01/30 144a                                       | CUSIP: 87191JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3070000 | PA      | $3182739.00   | 0.45%             | 2030-12-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                    | TLN 6.5 02/01/36 144A                                            | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   2057000 | PA      | $2127122.41   | 0.30%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Tallgrass Energy Partners, LP and Tallgrass Energy Finance Corp.                           | TEP 6.75 03/15/34 144A                                           | CUSIP: 87470LAM3<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |  16491000 | PA      | $16490597.62  | 2.35%             | 2034-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Terawulf Inc                                                                               | Terawulf Inc COM                                                 | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |    202554 | NS      | $2327345.46   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TerraForm Power Operating, LLC                                                             | TERP 4.75 01/15/30 144A                                          | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   4705000 | PA      | $4571311.19   | 0.65%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| United Rentals (North America), Inc.                                                       | URI 5.375 11/15/33 144A                                          | CUSIP: 911365BS2<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   4054000 | PA      | $4051130.01   | 0.58%             | 2033-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications Inc.                                                              | UVN 8.5 07/31/31 144A                                            | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   4801000 | PA      | $5015263.83   | 0.71%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications Inc.                                                              | UVN 9.375 08/01/32 144A                                          | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   3851000 | PA      | $4139104.86   | 0.59%             | 2032-08-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| USA Compression Partners LP / USA Compression Finance Corp                                 | USAC 6.25 10/01/33 144A                                          | CUSIP: 91740PAH1<br>LEI: 5493000B1PEOKXRZEO65 | Long             | DBT              | CORP              | US        |   5698000 | PA      | $5766319.02   | 0.82%             | 2033-10-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                                    | VENLNG 8.375 06/01/31 144A                                       | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1948000 | PA      | $1937141.65   | 0.28%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Capstone Copper Corp                                                                       | CAPCOP 6.75 03/31/33 144A                                        | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |   7295000 | PA      | $7571817.60   | 1.08%             | 2033-03-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                                             | ECOPET 8.375 01/19/36                                            | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |   2305000 | PA      | $2371339.54   | 0.34%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| 1261229 Bc Ltd.                                                                            | BHCCN 10 04/15/32 144A                                           | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3342000 | PA      | $3475736.45   | 0.50%             | 2032-04-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Taseko Mines Limited                                                                       | TKOCN 8.25 05/01/30 144A                                         | CUSIP: 876511AG1<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |   6495000 | PA      | $6899209.83   | 0.98%             | 2030-05-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Uzbek Industrial and Construction Bank                                                     | SQBNZU V9.45 PERP 144A                                           | CUSIP: 917935AC2<br>LEI: 213800C2NIFPFTXYIU69 | Long             | DBT              | CORP              | UZ        |   1287000 | PA      | $1295301.15   | 0.18%             | 2099-12-31      | Variable      | 9.45%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                        | US T-NOTE 5YR                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -414 | NC      | $186038.35    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                        | US T-NOTE 2YR                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       300 | NC      | $-39842.40    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                        | US T-BOND 30YR                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        53 | NC      | $-94661.39    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                        | US T-NOTE ULTRA 10Y                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -125 | NC      | $98632.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Parent Inc.                                                                           | SYNH 9 10/01/30 144A                                             | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |   9577000 | PA      | $10220652.07  | 1.46%             | 2030-10-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Station Casinos LLC                                                                        | RRR 4.625 12/01/31 144A                                          | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |   7074000 | PA      | $6706546.02   | 0.96%             | 2031-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| StoneX Escrow Issuer LLC                                                                   | SNEX 6.875 07/15/32 144A                                         | CUSIP: 86189AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4388000 | PA      | $4551374.02   | 0.65%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Stonepeak Nile Parent LLC                                                                  | ATSG 7.25 03/15/32 144A                                          | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |   5321000 | PA      | $5631193.02   | 0.80%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Voltagrid LLC                                                                              | VOLTAG 7.375 11/01/30 144A                                       | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |   2067000 | PA      | $2047871.44   | 0.29%             | 2030-11-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Voyager Parent LLC                                                                         | EVRI 9.25 07/01/32 144A                                          | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |   6627000 | PA      | $7032048.87   | 1.00%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| WBI Operations LLC                                                                         | WBI 6.25 10/15/30 144A                                           | CUSIP: 92944BAA9<br>LEI: 254900A83461EGRMOV11 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2012060.00   | 0.29%             | 2030-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Watco Companies, L.L.C. / Watco Finance Corp.                                              | WATCOS 7.125 08/01/32 144A                                       | CUSIP: 941130AD8<br>LEI: 549300UK74AMHGBXZG45 | Long             | DBT              | CORP              | US        |   4501000 | PA      | $4713928.81   | 0.67%             | 2032-08-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| K Hovnanian Enterprises Inc                                                                | HOV 8 04/01/31 144A                                              | CUSIP: 48251UAP3<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2265658.74   | 0.32%             | 2031-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| K Hovnanian Enterprises Inc                                                                | HOV 8.375 10/01/33 144A                                          | CUSIP: 48251UAQ1<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   1199000 | PA      | $1218531.10   | 0.17%             | 2033-10-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| LGI Homes Inc                                                                              | LGIH 4 07/15/29 144A                                             | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |   7360000 | PA      | $6707329.18   | 0.96%             | 2029-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| LGI Homes Inc                                                                              | LGIH 7 11/15/32 144A                                             | CUSIP: 50187TAK2<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2628648.33   | 0.37%             | 2032-11-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Lennar Corp.                                                                               | Lennar Corp. COM USD0.10 CLASS A                                 | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     17319 | NS      | $1780393.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Level 3 Financing, Inc.                                                                    | LVLT 3.75 07/15/29 144A                                          | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   2399000 | PA      | $2184313.49   | 0.31%             | 2029-07-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                                    | LVLT 7 03/31/34 144A                                             | CUSIP: 527298CN1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   5819775 | PA      | $5997696.93   | 0.85%             | 2034-03-31      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                                    | LVLT 8.5 01/15/36 144A                                           | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   4169000 | PA      | $4268983.63   | 0.61%             | 2036-01-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| LifePoint Health, Inc                                                                      | RGCARE 5.375 01/15/29 144A                                       | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   3357000 | PA      | $3291379.08   | 0.47%             | 2029-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| LifePoint Health, Inc                                                                      | RGCARE 10 06/01/32 144A                                          | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   9545000 | PA      | $10137591.88  | 1.44%             | 2032-06-01      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Lions Gate Television Inc.                                                                 | LGF 6 04/15/30 144a                                              | CUSIP: 535939AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6659000 | PA      | $6359345.00   | 0.91%             | 2030-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                                                      | LONRID 8.75 02/15/32 144A                                        | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |   5615000 | PA      | $5976836.22   | 0.85%             | 2032-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| McAfee Corp                                                                                | MCFE 7.375 02/15/30 144A                                         | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   5706000 | PA      | $4976074.61   | 0.71%             | 2030-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Datasite (fka Merrill Corp)                                                                | Datasite (fka Merrill Corp) Term Loan B 325 2031-06-19           | CUSIP: 59012CAL9<br>LEI: 254900765HT42I3EW691 | Long             | LON              | CORP              | US        |   1197022 | PA      | $1200014.22   | 0.17%             | 2031-07-03      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Midcontinent Communications/Midcontinent Communications Finance Corp                       | MIDCON 8 08/15/32 144A                                           | CUSIP: 59565XAD2<br>LEI: 549300ZI9GDQBS28C408 | Long             | DBT              | CORP              | US        |   3173000 | PA      | $3247962.13   | 0.46%             | 2032-08-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Millrose Properties Inc.                                                                   | MRP 6.375 08/01/30 144A                                          | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4943000 | PA      | $5057796.23   | 0.72%             | 2030-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Millrose Properties Inc.                                                                   | MRP 6.25 09/15/32 144A                                           | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1731000 | PA      | $1746550.25   | 0.25%             | 2032-09-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| EUC (End User Computing)                                                                   | EUC (End User Computing) Term Loan B 450 2031-04-01              | CUSIP: 60753DAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5494758 | PA      | $5460415.81   | 0.78%             | 2031-07-01      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| New Home Company Inc                                                                       | NWHM 9.25 10/01/29 144A                                          | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |   3475000 | PA      | $3626738.27   | 0.52%             | 2029-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| New Home Company Inc                                                                       | NWHM 8.5 11/01/30 144A                                           | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |   6194000 | PA      | $6378909.48   | 0.91%             | 2030-11-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Nexstar Media Group Inc                                                                    | Nexstar Media Group Inc COM USD0.01 CL'A'                        | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     13545 | NS      | $2750312.25   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympus Water US Holding Corp.                                                             | SOLEIN 7.25 06/15/31 144A                                        | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   2876000 | PA      | $2942170.52   | 0.42%             | 2031-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Solenis                                                                                    | Solenis Term Loan B (Incremental) 325 2032-07-15                 | CUSIP: 68163YAK1<br>LEI: 549300YU2GGVCBN3MY89 | Long             | LON              | CORP              | US        |    997000 | PA      | $990150.61    | 0.14%             | 2032-11-03      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                              | OMF 4 09/15/30                                                   | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1734116.26   | 0.25%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| OneMain Financial Corporation                                                              | OMF 6.5 03/15/33                                                 | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   6889000 | PA      | $6948596.74   | 0.99%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Long Ridge Energy                                                                          | Long Ridge Energy Term Loan B 450 2032-01-21                     | CUSIP: 54288BAB1<br>LEI: 984500764EC9AZ2FC764 | Long             | LON              | CORP              | US        |   2590980 | PA      | $2562919.69   | 0.37%             | 2032-02-19      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                        | N/A                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |   3363000 | PA      | $3363000.00   | 0.48%             | 2032-12-10      | Variable      | 6.86%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                        | Sell EUR / Buy USD                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-32237.84    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                        | US T-BOND ULTRA                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -9 | NC      | $19460.75     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group Plc                                                                            | MARGRO 6.404 11/04/29                                            | CUSIP: 566539AA0<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |    486000 | PA      | $504004.04    | 0.07%             | 2029-11-04      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Maxam Prill S.a r.l.                                                                       | MXPRLL 7.75 07/15/30 144A                                        | CUSIP: 57779MAA8<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | LU        |   6977000 | PA      | $7219778.67   | 1.03%             | 2030-07-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                        | Sell USD / Buy EUR                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $2254.65      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                        | Sell USD / Buy EUR                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $120.68       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                        | Sell USD / Buy EUR                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $3139.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                        | Sell USD / Buy EUR                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $7370.68      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                        | Sell USD / Buy EUR                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-865.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                        | Sell USD / Buy EUR                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-5064.67     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                        | Sell JPY / Buy USD                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-6297.09     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                        | Sell EUR / Buy USD                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $5807.86      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Protective Industrial Products                                                             | Protective Industrial Products Term Loan B 400 2032-01-05        | CUSIP: 37987UAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2821000 | PA      | $2802860.97   | 0.40%             | 2032-05-21      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| Granite Ridge Resources Inc                                                                | Granite Ridge Resources Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   3633000 | PA      | $3487680.00   | 0.50%             | 2029-11-05      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                                            | GTN 7.25 08/15/33 144A                                           | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   2480000 | PA      | $2534135.50   | 0.36%             | 2033-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| HLF Financing SaRL LLC and Herbalife International Inc.                                    | HLF 12.25 04/15/29 144A                                          | CUSIP: 40390DAD7<br>LEI: 549300VKVJUV5OGV2R51 | Long             | DBT              | CORP              | US        |   7864000 | PA      | $8491083.22   | 1.21%             | 2029-04-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower Escrow LLC/ Hilton Grand Vacations Borrower Escrow Inc     | HGVLLC 4.875 07/01/31 144A                                       | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3339000 | PA      | $3117024.95   | 0.44%             | 2031-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Howard Midstream Energy Partners Llc                                                       | HOWARD 6.625 01/15/34 144A                                       | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9609000 | PA      | $9871657.40   | 1.41%             | 2034-01-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| ITT Holdings LLC                                                                           | INTMAT 6.5 08/01/29 144A                                         | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   5693000 | PA      | $5463295.99   | 0.78%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ION Platform Finance S.a r.l. / ION Platform Finance US Inc.                               | IONPLA 7.875 09/30/32 144a                                       | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |   3323000 | PA      | $3153052.87   | 0.45%             | 2032-09-30      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| JB Poindexter & Co Inc                                                                     | JBPOIN 8.75 12/15/31 144A                                        | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |   1174000 | PA      | $1229736.95   | 0.18%             | 2031-12-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                   | JANEST 6.125 11/01/32 144A                                       | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |  10093000 | PA      | $10270233.08  | 1.46%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| JANUS CAPITAL GROUP INC                                                                    | Janus Henderson Cash Liquidity Fund LLC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  14656729 | NS      | $14661126.29  | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Husky Injection Molding                                                                    | Husky Injection Molding Term Loan B (Incremental) 375 2029-02-01 | CUSIP: C8856UAH1<br>LEI: 5493003ZDHRVP2N4C109 | Long             | LON              | CORP              | US        |    341000 | PA      | $343178.99    | 0.05%             | 2029-02-15      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                                  | IVYCST 8.075 04/01/36 144A                                       | CUSIP: 221625AV8<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |   1789000 | PA      | $1927834.56   | 0.27%             | 2036-04-01      | Fixed         | 8.07%                 | Yes           |                  2 | On Loan: No      |
| Garda World Security Corporation                                                           | GWCN 6 06/01/29 144A                                             | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   8244000 | PA      | $8084825.18   | 1.15%             | 2029-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Garda World Security Corporation                                                           | GWCN 6.5 01/15/31 144A                                           | CUSIP: 36485MAQ2<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   2953000 | PA      | $3021764.80   | 0.43%             | 2031-01-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| IREN Ltd.                                                                                  | IREN 0 07/01/31                                                  | CUSIP: 46270CAE9<br>LEI: 254900FZF02RB3NNGB71 | Long             | DBT              | CORP              | AU        |   2157000 | PA      | $1597258.50   | 0.23%             | 2031-07-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Flash Compute LLC                                                                          | FLASHC 7.25 12/31/30 144A                                        | CUSIP: 33853QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6852000 | PA      | $6788706.98   | 0.97%             | 2030-12-31      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                              | FREMOR 6.875 05/01/31 144A                                       | CUSIP: 35641AAE8<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   2277000 | PA      | $2278368.52   | 0.32%             | 2031-05-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                                    | LVLT 3.875 11/15/29 144A                                         | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   1408000 | PA      | $1227832.93   | 0.17%             | 2029-11-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Mohegan Escrow Issuer LLC                                                                  | MOHEGN 8.25 04/15/30 144A                                        | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8698000 | PA      | $9066812.60   | 1.29%             | 2030-04-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Mohegan Escrow Issuer LLC                                                                  | MOHEGN 11.875 04/15/31 144A                                      | CUSIP: 60832QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2586000 | PA      | $2732608.10   | 0.39%             | 2031-04-15      | Fixed         | 11.88%                | Yes           |                  2 | On Loan: No      |
| New Flyer Holdings Inc.                                                                    | NFICN 9.25 07/01/30 144A                                         | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4358000 | PA      | $4684074.28   | 0.67%             | 2030-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Kioxia Holdings Corp.                                                                      | Kioxia Holdings Corp. NPV                                        | CUSIP: J3343A107<br>LEI: 35380080RTKRARNH4R73 | Long             | EC               | CORP              | JP        |     23300 | NS      | $1560154.65   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Galaxy Digital Inc.                                                                        | GLXYLP 0.5 05/01/31                                              | CUSIP: 36317GAC0<br>LEI: 9845001C4070E5N07806 | Long             | DBT              | CORP              | US        |    776000 | PA      | $586268.00    | 0.08%             | 2031-05-01      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| Kioxia Holdings Corp.                                                                      | KIOXIA 6.625 07/24/33 144A                                       | CUSIP: 49726JAB4<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |  13068000 | PA      | $13589094.73  | 1.94%             | 2033-07-24      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| LATAM Airlines Group SA                                                                    | LTMCI 7.875 04/15/30 144A                                        | CUSIP: 51817RAD8<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |   8252000 | PA      | $8679206.04   | 1.24%             | 2030-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                       | NCLH 6.25 09/15/33 144A                                          | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   2168000 | PA      | $2167087.06   | 0.31%             | 2033-09-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Twitter Inc                                                                                | Twitter Inc                                                      | CUSIP: 90184NAK4<br>LEI: 549300I8RX485XMK6836 | Long             | LON              | CORP              | US        |   6452000 | PA      | $6424320.92   | 0.92%             | 2029-10-26      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Verde Purchaser LLC                                                                        | VRTV 10.5 11/30/30 144A                                          | CUSIP: 92339LAA0<br>LEI: 2549004HFEKMUGBG3Z35 | Long             | DBT              | CORP              | US        |   9056000 | PA      | $9737128.93   | 1.39%             | 2030-11-30      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Victra Holdings LLC / Victra Finance Corp.                                                 | VICTRA 8.75 09/15/29 144A                                        | CUSIP: 92648DAA4<br>LEI: 549300KWDYQKQSF0MQ18 | Long             | DBT              | CORP              | US        |   6927000 | PA      | $7308040.42   | 1.04%             | 2029-09-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: —       |
| Wayfair LLC                                                                                | W 6.75 11/15/32 144A                                             | CUSIP: 94419NAC1<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |   3383000 | PA      | $3477994.64   | 0.50%             | 2032-11-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Weekley Homes LLC/Weekley Finance Corp.                                                    | WEEKHM 4.875 09/15/28 144A                                       | CUSIP: 948565AD8<br>LEI: 5493009MTTQO8ZN53F13 | Long             | DBT              | CORP              | US        |   4970000 | PA      | $4901339.45   | 0.70%             | 2028-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Wilsonart LLC                                                                              | WLSNRT 11 08/15/32 144A                                          | CUSIP: 97246JAA6<br>LEI: 549300SAZRUMYKDJBY14 | Long             | DBT              | CORP              | US        |   2637000 | PA      | $2356376.29   | 0.34%             | 2032-08-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Uniti                                                                                      | Uniti Term Loan B 400 2032-09-16                                 | CUSIP: 97381JAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2150000 | PA      | $2155375.00   | 0.31%             | 2032-10-06      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| WULF Compute LLC                                                                           | WULF 7.75 10/15/30 144A                                          | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4745000 | PA      | $4888528.80   | 0.70%             | 2030-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| X AI LLC / X AI Co Issuer Corp.                                                            | XAIXXX 12.5 06/30/30                                             | CUSIP: 983984AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1549000 | PA      | $1648843.40   | 0.23%             | 2030-06-30      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| Zoetis Inc.                                                                                | ZTS 0.25 06/15/29                                                | CUSIP: 98978VAY9<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |   3485000 | PA      | $3580837.50   | 0.51%             | 2029-06-15      | Fixed         | 0.25%                 | Yes           |                  2 | On Loan: No      |
| VMED O2 UK Financing I PLC                                                                 | VMED 6.75 01/15/33 144A                                          | CUSIP: 92858RAE0<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   2746000 | PA      | $2721382.66   | 0.39%             | 2033-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Wynn Macau Ltd.                                                                            | WYNMAC 6.75 02/15/34 144A                                        | CUSIP: 98313RAL0<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |   5065000 | PA      | $5130183.06   | 0.73%             | 2034-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| AMC Networks Inc                                                                           | AMCX 10.5 07/15/32 144A                                          | CUSIP: 00164VAK9<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   6251000 | PA      | $6905733.55   | 0.98%             | 2032-07-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: —       |
| AMN Healthcare Inc.                                                                        | AMN 6.5 01/15/31 144A                                            | CUSIP: 00175PAD5<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |   2754000 | PA      | $2754515.00   | 0.39%             | 2031-01-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Apld Computeco LLC                                                                         | APLD 9.25 12/15/30 144A                                          | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9046000 | PA      | $8873225.11   | 1.26%             | 2030-12-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Bread Financial Holdings Inc                                                               | BFH 6.75 05/15/31 144A                                           | CUSIP: 018581AR9<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |   4045000 | PA      | $4187849.18   | 0.60%             | 2031-05-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Alpha Generation LLC                                                                       | ALPGEN 6.75 10/15/32 144A                                        | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |   1320000 | PA      | $1366450.38   | 0.19%             | 2032-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Alpha Generation LLC                                                                       | ALPGEN 6.25 01/15/34 144A                                        | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |   6754000 | PA      | $6814630.66   | 0.97%             | 2034-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Antero Midstream Partners LP / Antero Midstream Finance Corp                               | AM 5.75 07/01/34 144A                                            | CUSIP: 03690AAN6<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |   2859000 | PA      | $2880616.50   | 0.41%             | 2034-07-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Applied Digital Corp                                                                       | Applied Digital Corp COM NEW                                     | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |     47631 | NS      | $1167912.12   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Ardagh Metal Packaging Finance PLC / Ardagh Metal Packaging Finance USA LLC                | AMPBEV 4 09/01/29 144A                                           | CUSIP: 03969YAB4<br>LEI: 635400FSFRHBFVPTP424 | Long             | DBT              | CORP              | N/A       |   5129000 | PA      | $4828367.26   | 0.69%             | 2029-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Aretec Escrow Issuer 2 Inc.                                                                | RCAP 10 08/15/30 144A                                            | CUSIP: 04020JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2908000 | PA      | $3138147.84   | 0.45%             | 2030-08-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Atlas Luxco 4 S A R L / Allied Universal Holdco Llc / Allied Universal Finance Corporation | UNSEAM 4.625 06/01/28 144a                                       | CUSIP: 049362AA4<br>LEI: 549300ONXPZT3KQZDR65 | Long             | DBT              | CORP              | N/A       |   5206000 | PA      | $5122241.60   | 0.73%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Beazer Homes USA Inc.                                                                      | BZH 7.5 03/15/31 144A                                            | CUSIP: 07556QBU8<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |   5061000 | PA      | $5131489.61   | 0.73%             | 2031-03-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Broadcom Inc                                                                               | Broadcom Inc COM USD0.001                                        | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      6430 | NS      | $2225423.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders Firstsource, Inc.                                                                 | Builders Firstsource, Inc. COM USD0.01                           | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     13482 | NS      | $1387162.98   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Burford Capital Global Finance LLC                                                         | BURLN 6.875 04/15/30 144A                                        | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |   4005000 | PA      | $3905485.44   | 0.56%             | 2030-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CP Atlas Buyer Inc.                                                                        | AMBATH 9.75 07/15/30 144A                                        | CUSIP: 12597YAC3<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |   2341000 | PA      | $2424689.58   | 0.35%             | 2030-07-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Carvana Co                                                                                 | CVNA 4.875 09/01/29 144A                                         | CUSIP: 146869AH5<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |   3951000 | PA      | $3636895.50   | 0.52%             | 2029-09-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Carvana Co                                                                                 | CVNA 10.25 05/01/30 144A                                         | CUSIP: 146869AJ1<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    961000 | PA      | $1028270.10   | 0.15%             | 2030-05-01      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| Carvana Co                                                                                 | CVNA 9 06/01/30 144A                                             | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |   4872088 | PA      | $5106876.74   | 0.73%             | 2030-06-01      | Variable      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Century Communities Inc                                                                    | CCS 6.625 09/15/33 144A                                          | CUSIP: 156504AN2<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |   2688000 | PA      | $2718102.37   | 0.39%             | 2033-09-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Cipher Mining Inc                                                                          | Cipher Mining Inc COM                                            | CUSIP: 17253J106<br>LEI: 254900QABG5HCQZ28A17 | Long             | EC               | CORP              | US        |     98693 | NS      | $1456708.68   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Cipher Compute LLC                                                                         | CIFR 7.125 11/15/30 144A                                         | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7718000 | PA      | $7860651.10   | 1.12%             | 2030-11-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                                      | CIVI 8.375 07/01/28 144A                                         | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1931986.88   | 0.28%             | 2028-07-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                                      | CIVI 8.75 07/01/31 144A                                          | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   6671000 | PA      | $6920503.81   | 0.99%             | 2031-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                                      | CIVI 9.625 06/15/33 144A                                         | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   1760000 | PA      | $1900128.01   | 0.27%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc.                                                        | CCO 7.5 03/15/33 144A                                            | CUSIP: 18453HAH9<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   1610000 | PA      | $1700628.78   | 0.24%             | 2033-03-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                                  | TIBX 9 09/30/29 144A                                             | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   3783000 | PA      | $3940033.81   | 0.56%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                                  | TIBX 8.25 06/30/32 144A                                          | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   8188000 | PA      | $8556789.40   | 1.22%             | 2032-06-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                                  | TIBX 6.625 08/15/33 144A                                         | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1730000 | PA      | $1714529.13   | 0.24%             | 2033-08-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Coinbase Global Inc                                                                        | COIN 0 10/01/29                                                  | CUSIP: 19260QAG2<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1447368.00   | 0.21%             | 2029-10-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Compass Minerals International Inc.                                                        | CMP 8 07/01/30 144A                                              | CUSIP: 20451NAJ0<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |   6602000 | PA      | $6907916.87   | 0.98%             | 2030-07-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CoreWeave Inc.                                                                             | CRWV 9.25 06/01/30 144A                                          | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   4762000 | PA      | $4427577.12   | 0.63%             | 2030-06-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| CoreWeave Inc.                                                                             | CRWV 9 02/01/31 144A                                             | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   4491000 | PA      | $4116091.32   | 0.59%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Crocs Inc                                                                                  | CROX 4.125 08/15/31 144A                                         | CUSIP: 227046AB5<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |   3749000 | PA      | $3463393.68   | 0.49%             | 2031-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Quiksilver Inc                                                                             | Authentic Brands Group Inc - Class A                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     14628 | NS      | $2277528.22   | 0.32%             |  |  |  | No            |                  3 | On Loan: No      |
| Bath & Body Works Inc                                                                      | BBWI 6.95 03/01/33                                               | CUSIP: 532716AK3<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   3784000 | PA      | $3757077.37   | 0.54%             | 2033-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| OVG Business Services                                                                      | OVG Business Services Term Loan B 300 2031-06-03                 | CUSIP: 62955EAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2244645 | PA      | $2244644.84   | 0.32%             | 2031-06-25      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Rithm Capital Corp.                                                                        | RITM 8 04/01/29 144A                                             | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |   5551000 | PA      | $5699216.86   | 0.81%             | 2029-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| PENN Entertainment Inc                                                                     | PENN 4.125 07/01/29 144A                                         | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6577000 | PA      | $6091306.31   | 0.87%             | 2029-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Pennymac Financial Services Inc                                                            | PFSI 6.875 02/15/33 144A                                         | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   1825000 | PA      | $1905213.62   | 0.27%             | 2033-02-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Pennymac Financial Services Inc                                                            | PFSI 6.75 02/15/34 144A                                          | CUSIP: 70932MAH0<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   6203000 | PA      | $6412208.58   | 0.91%             | 2034-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Qlik Technologies                                                                          | Qlik Technologies Term Loan B (Add-on) 325 2030-10-01            | CUSIP: 74339DAQ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      1132 | PA      | $1129.62      | 0.00%             | 2030-10-28      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Rand Parent LLC                                                                            | AAWW 8.5 02/15/30 144A                                           | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7065000 | PA      | $7360691.59   | 1.05%             | 2030-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp.                              | RIVLEN 6.25 10/15/30 144A                                        | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4646000 | PA      | $4742306.93   | 0.68%             | 2030-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Roblox Corporation                                                                         | Roblox Corporation CL A                                          | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10105 | NS      | $818808.15    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Software Inc                                                                        | ROCSOF 6.5 02/15/29 144A                                         | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |   7272000 | PA      | $7126397.83   | 1.02%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Rocket Software Inc                                                                        | ROCSOF 9 11/28/28 144A                                           | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |   3237000 | PA      | $3337854.76   | 0.48%             | 2028-11-28      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| SM Energy Co.                                                                              | SM 7 08/01/32 144A                                               | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   3515000 | PA      | $3455486.20   | 0.49%             | 2032-08-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: —       |
| Standard Building Solutions Inc.                                                           | BMCAUS 5.875 03/15/34 144A                                       | CUSIP: 853192AA0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   5926000 | PA      | $5943323.36   | 0.85%             | 2034-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Caesars Republic Alexander Valley                                                          | Caesars Republic Alexander Valley Term Loan B 900 2031-05-27     | CUSIP: 76837PAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5050000 | PA      | $4898500.00   | 0.70%             | 2031-06-25      | Floating      | 12.73%                | No            |                  2 | On Loan: No      |
| Algonquin Power & Utilities Corporation                                                    | AQNCN V4.75 01/18/82                                             | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |   2697000 | PA      | $2659694.29   | 0.38%             | 2082-01-18      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Breakwater Energy Holdings Sa R L                                                          | BRKWTR 9.25 11/15/30 144A                                        | CUSIP: 10637BAA3<br>LEI: 984500969HAFA937F390 | Long             | DBT              | CORP              | LU        |   2073000 | PA      | $2170752.32   | 0.31%             | 2030-11-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Brightstar Lottery PLC / Brightstar Global Solutions Corp.                                 | BRSL 5.75 01/15/33 144A                                          | CUSIP: 108922AA3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   3956000 | PA      | $3927654.90   | 0.56%             | 2033-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                                                | FMCN 8 03/01/33 144A                                             | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   8916000 | PA      | $9521815.45   | 1.36%             | 2033-03-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                                                | FMCN 7.25 02/15/34 144A                                          | CUSIP: 335934AX3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   3037000 | PA      | $3192812.65   | 0.45%             | 2034-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Rakuten Group Inc.                                                                         | RAKUTN V5.125 PERP 144A                                          | CUSIP: 75102WAA6<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   1384000 | PA      | $1376854.23   | 0.20%             | 2099-12-31      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                                                  | STX 3.125 07/15/29 144a                                          | CUSIP: 81180LAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   2349000 | PA      | $2068101.95   | 0.29%             | 2029-07-15      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                        | US T-NOTE 10YR                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -13 | NC      | $11441.17     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Cash Collateral Fund                                                       | Janus Henderson Cash Collateral Fund                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  11206022 | NS      | $11206022.00  | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                        | Royal Bank of Canada                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   2801506 | PA      | $2801506.00   | 0.40%             | 2026-01-02      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Euro Member Countries Cash Balance                                                         | Euro Member Countries Cash Balance                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |    603285 | OU      | $603285.47    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-13

**Name of Applicant:** JANUS INVESTMENT FUND

**Signature:** JESPER NERGAARD

**Name of Signer:** JESPER NERGAARD

**Title:** VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER