# EDGAR Filing Document

**Accession Number:** 0000842790
**File Stem:** 0001752724-23-017999
**Filing Date:** 2023-1
**Character Count:** 250713
**Document Hash:** b191bf67b1d316b27e4cdc4a2262bf7b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-017999.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-017999

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
- **CENTRAL INDEX KEY:** 0000842790
- **IRS NUMBER:** 760343427
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05686
- **FILM NUMBER:** 23567184

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM INVESTMENT SECURITIES FUNDS
- **DATE OF NAME CHANGE:** 20000921

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM INVESTMENT SECURITIES FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM PRIME RATE PREMIUM INCOME FUND INC
- **DATE OF NAME CHANGE:** 19910320

## Series and Classes Contracts Data

### Invesco High Yield Bond Factor Fund (Series ID: S000064666)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000209378 | Class R5     |  |
| C000209379 | Class Y      |  |
| C000209380 | Class R      |  |
| C000209381 | Class A      |  |
| C000209382 | Class R6     |  |
| C000209383 | Class C      |  |

## Nport-Ex

### Schedule of Investments<sup>(a)</sup>
*November 30, 2022*

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **U.S. Dollar Denominated Bonds & Notes–94.01%** | **U.S. Dollar Denominated Bonds & Notes–94.01%** | **U.S. Dollar Denominated Bonds & Notes–94.01%** | **U.S. Dollar Denominated Bonds & Notes–94.01%** |
| **Aerospace & Defense–1.81%** | **Aerospace & Defense–1.81%** | **Aerospace & Defense–1.81%** | **Aerospace & Defense–1.81%** |
| Bombardier, Inc. (Canada), 7.50%, 03/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; $21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $21063 |
| Rolls-Royce PLC (United Kingdom), 5.75%, 10/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 190560 |
| Spirit AeroSystems, Inc., 7.50%, 04/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 78000 | &nbsp;&nbsp;&nbsp;&nbsp; 77286 |
| TransDigm, Inc., 6.25%, 03/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp;231000 | &nbsp;&nbsp;&nbsp;&nbsp; 230157 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519066 |
| **Airlines–1.56%** | **Airlines–1.56%** | **Airlines–1.56%** | **Airlines–1.56%** |
| American Airlines Pass-Through Trust, Series 16-1, Class A, 4.10%, 01/15/2028 |  | &nbsp;&nbsp; 21431 | &nbsp;&nbsp;&nbsp;&nbsp; 17190 |
| American Airlines, Inc., 11.75%, 07/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp;101000 | &nbsp;&nbsp;&nbsp;&nbsp; 112297 |
| Delta Air Lines, Inc., 7.38%, 01/15/2026 |  | &nbsp;&nbsp;111000 | &nbsp;&nbsp;&nbsp;&nbsp; 114821 |
| Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 82000 | &nbsp;&nbsp;&nbsp;&nbsp; 77817 |
| United Airlines, Inc., 4.38%, 04/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp; 125824 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447949 |
| **Alternative Carriers–0.87%** | **Alternative Carriers–0.87%** | **Alternative Carriers–0.87%** | **Alternative Carriers–0.87%** |
| Lumen Technologies, Inc., | Lumen Technologies, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 01/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 38000 | &nbsp;&nbsp;&nbsp;&nbsp; 25803 |
| &nbsp;&nbsp;&nbsp;Series P, 7.60%, 09/15/2039 |  | &nbsp;&nbsp;121000 | &nbsp;&nbsp;&nbsp;&nbsp; 83109 |
| &nbsp;&nbsp;&nbsp;Series U, 7.65%, 03/15/2042 |  | &nbsp;&nbsp; 86000 | &nbsp;&nbsp;&nbsp;&nbsp; 58106 |
| Zayo Group Holdings, Inc., 4.00%, 03/01/2027<sup>(b)</sup> |  | &nbsp;&nbsp;113000 | &nbsp;&nbsp;&nbsp;&nbsp; 81122 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248140 |
| **Aluminum–0.39%** | **Aluminum–0.39%** | **Aluminum–0.39%** | **Aluminum–0.39%** |
| Arconic Corp., 6.00%, 05/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 80000 | &nbsp;&nbsp;&nbsp;&nbsp; 78995 |
| Kaiser Aluminum Corp., 4.50%, 06/01/2031<sup>(b)</sup> |  | &nbsp;&nbsp; 39000 | &nbsp;&nbsp;&nbsp;&nbsp; 32999 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111994 |
| **Apparel Retail–0.57%** | **Apparel Retail–0.57%** | **Apparel Retail–0.57%** | **Apparel Retail–0.57%** |
| Foot Locker, Inc., 4.00%, 10/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 76000 | &nbsp;&nbsp;&nbsp;&nbsp; 62803 |
| Gap, Inc. (The), | Gap, Inc. (The), |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 10/01/2029<sup>(b)(c)</sup> |  | &nbsp;&nbsp; 79000 | &nbsp;&nbsp;&nbsp;&nbsp; 60794 |
| &nbsp;&nbsp;&nbsp;3.88%, 10/01/2031<sup>(b)</sup> |  | &nbsp;&nbsp; 51000 | &nbsp;&nbsp;&nbsp;&nbsp; 38571 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162168 |
| **Apparel, Accessories & Luxury Goods–1.28%** | **Apparel, Accessories & Luxury Goods–1.28%** | **Apparel, Accessories & Luxury Goods–1.28%** | **Apparel, Accessories & Luxury Goods–1.28%** |
| G-III Apparel Group Ltd., 7.88%, 08/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 66000 | &nbsp;&nbsp;&nbsp;&nbsp; 64059 |
| Macy's Retail Holdings LLC, | Macy's Retail Holdings LLC, |  |  |
| &nbsp;&nbsp;&nbsp;5.88%, 04/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 68000 | &nbsp;&nbsp;&nbsp;&nbsp; 63331 |
| &nbsp;&nbsp;&nbsp;5.88%, 03/15/2030<sup>(b)</sup> |  | &nbsp;&nbsp;133000 | &nbsp;&nbsp;&nbsp;&nbsp; 120211 |
| &nbsp;&nbsp;&nbsp;6.13%, 03/15/2032<sup>(b)</sup> |  | &nbsp;&nbsp; 68000 | &nbsp;&nbsp;&nbsp;&nbsp; 60454 |
| Under Armour, Inc., 3.25%, 06/15/2026 |  | &nbsp;&nbsp; 68000 | &nbsp;&nbsp;&nbsp;&nbsp; 59930 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367985 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Application Software–0.56%** | **Application Software–0.56%** | **Application Software–0.56%** | **Application Software–0.56%** |
| Open Text Corp. (Canada), 3.88%, 12/01/2029<sup>(b)</sup> |  | $200000 | &nbsp;&nbsp;&nbsp;&nbsp; $160047 |
| **Auto Parts & Equipment–1.81%** | **Auto Parts & Equipment–1.81%** | **Auto Parts & Equipment–1.81%** | **Auto Parts & Equipment–1.81%** |
| Clarios Global L.P./Clarios US Finance Co., 8.50%, 05/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 93000 | &nbsp;&nbsp;&nbsp;&nbsp; 91135 |
| IHO Verwaltungs GmbH (Germany), 7.13% PIK Rate, 6.38% Cash Rate, 05/15/2029<sup>(b)(d)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 170225 |
| Patrick Industries, Inc., 4.75%, 05/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp;144000 | &nbsp;&nbsp;&nbsp;&nbsp; 113275 |
| ZF North America Capital, Inc. (Germany), 4.75%, 04/29/2025<sup>(b)(c)</sup> |  | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp; 145149 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519784 |
| **Automobile Manufacturers–1.85%** | **Automobile Manufacturers–1.85%** | **Automobile Manufacturers–1.85%** | **Automobile Manufacturers–1.85%** |
| Ford Motor Co., 7.13%, 11/15/2025 |  | &nbsp;&nbsp; 75000 | &nbsp;&nbsp;&nbsp;&nbsp; 77110 |
| Ford Motor Credit Co. LLC, 4.13%, 08/17/2027 |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 182707 |
| J.B. Poindexter & Co., Inc., 7.13%, 04/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 90000 | &nbsp;&nbsp;&nbsp;&nbsp; 87093 |
| Jaguar Land Rover Automotive PLC (United Kingdom), 5.88%, 01/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 154392 |
| PM General Purchaser LLC, 9.50%, 10/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 31000 | &nbsp;&nbsp;&nbsp;&nbsp; 27246 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528548 |
| **Automotive Retail–0.42%** | **Automotive Retail–0.42%** | **Automotive Retail–0.42%** | **Automotive Retail–0.42%** |
| Carvana Co., 10.25%, 05/01/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 71000 | &nbsp;&nbsp;&nbsp;&nbsp; 30258 |
| Penske Automotive Group, Inc., 3.50%, 09/01/2025 |  | &nbsp;&nbsp; 97000 | &nbsp;&nbsp;&nbsp;&nbsp; 90935 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121193 |
| **Biotechnology–0.12%** | **Biotechnology–0.12%** | **Biotechnology–0.12%** | **Biotechnology–0.12%** |
| Emergent BioSolutions, Inc., 3.88%, 08/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 74000 | &nbsp;&nbsp;&nbsp;&nbsp; 33418 |
| **Broadcasting–2.30%** | **Broadcasting–2.30%** | **Broadcasting–2.30%** | **Broadcasting–2.30%** |
| AMC Networks, Inc., 4.75%, 08/01/2025 |  | &nbsp;&nbsp; 98000 | &nbsp;&nbsp;&nbsp;&nbsp; 87467 |
| iHeartCommunications, Inc., | iHeartCommunications, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;6.38%, 05/01/2026 |  | &nbsp;&nbsp; 97229 | &nbsp;&nbsp;&nbsp;&nbsp; 92123 |
| &nbsp;&nbsp;&nbsp;8.38%, 05/01/2027 |  | &nbsp;&nbsp; 64671 | &nbsp;&nbsp;&nbsp;&nbsp; 57663 |
| Liberty Interactive LLC, 8.25%, 02/01/2030 |  | &nbsp;&nbsp;195000 | &nbsp;&nbsp;&nbsp;&nbsp; 97856 |
| Paramount Global, 6.38%, 03/30/2062<sup>(e)</sup> |  | &nbsp;&nbsp; 97000 | &nbsp;&nbsp;&nbsp;&nbsp; 80356 |
| TEGNA, Inc., 4.75%, 03/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 83000 | &nbsp;&nbsp;&nbsp;&nbsp; 81224 |
| Univision Communications, Inc., 5.13%, 02/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp;122000 | &nbsp;&nbsp;&nbsp;&nbsp; 117893 |
| Urban One, Inc., 7.38%, 02/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 51000 | &nbsp;&nbsp;&nbsp;&nbsp; 43163 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657745 |
| **Building Products–1.83%** | **Building Products–1.83%** | **Building Products–1.83%** | **Building Products–1.83%** |
| Builders FirstSource, Inc., 4.25%, 02/01/2032<sup>(b)</sup> |  | &nbsp;&nbsp;104000 | &nbsp;&nbsp;&nbsp;&nbsp; 84481 |
| Cornerstone Building Brands, Inc., 6.13%, 01/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 72000 | &nbsp;&nbsp;&nbsp;&nbsp; 48691 |
| Masonite International Corp., | Masonite International Corp., |  |  |
| &nbsp;&nbsp;&nbsp;5.38%, 02/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 80000 | &nbsp;&nbsp;&nbsp;&nbsp; 72577 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/15/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 70000 | &nbsp;&nbsp;&nbsp;&nbsp; 54703 |

---

See accompanying notes which are an integral part of this schedule.

Invesco High Yield Bond Factor Fund

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Building Products–(continued)** | **Building Products–(continued)** | **Building Products–(continued)** | **Building Products–(continued)** |
| Standard Industries, Inc., | Standard Industries, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 02/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; $91000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $83873 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 41000 | &nbsp;&nbsp;&nbsp;&nbsp; 37220 |
| &nbsp;&nbsp;&nbsp;4.38%, 07/15/2030<sup>(b)</sup> |  | &nbsp;&nbsp;111000 | &nbsp;&nbsp;&nbsp;&nbsp; 91181 |
| &nbsp;&nbsp;&nbsp;3.38%, 01/15/2031<sup>(b)</sup> |  | &nbsp;&nbsp; 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 49931 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522657 |
| **Cable & Satellite–5.53%** | **Cable & Satellite–5.53%** | **Cable & Satellite–5.53%** | **Cable & Satellite–5.53%** |
| CCO Holdings LLC/CCO Holdings Capital Corp., 5.50%, 05/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 74000 | &nbsp;&nbsp;&nbsp;&nbsp; 71872 |
| CSC Holdings LLC, | CSC Holdings LLC, |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/2024 |  | &nbsp;&nbsp; 58000 | &nbsp;&nbsp;&nbsp;&nbsp; 55959 |
| &nbsp;&nbsp;&nbsp;7.50%, 04/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 156171 |
| &nbsp;&nbsp;&nbsp;5.75%, 01/15/2030<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 136511 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/01/2030<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 127151 |
| DIRECTV Financing LLC/DIRECTV Financing Co-Obligor, Inc., 5.88%, 08/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp;312000 | &nbsp;&nbsp;&nbsp;&nbsp; 286648 |
| DISH DBS Corp., | DISH DBS Corp., |  |  |
| &nbsp;&nbsp;&nbsp;7.75%, 07/01/2026 |  | &nbsp;&nbsp;124000 | &nbsp;&nbsp;&nbsp;&nbsp; 104050 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 55924 |
| &nbsp;&nbsp;&nbsp;7.38%, 07/01/2028 |  | &nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp; 79834 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 40646 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/01/2029 |  | &nbsp;&nbsp; 98000 | &nbsp;&nbsp;&nbsp;&nbsp; 64680 |
| LCPR Senior Secured Financing DAC, 6.75%, 10/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp; 170514 |
| Telenet Finance Luxembourg Notes S.a r.l. (Belgium), 5.50%, 03/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 70000 | &nbsp;&nbsp;&nbsp;&nbsp; 63210 |
| UPC Broadband Finco B.V. (Netherlands), 4.88%, 07/15/2031<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 171260 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1584430 |
| **Casinos & Gaming–3.91%** | **Casinos & Gaming–3.91%** | **Casinos & Gaming–3.91%** | **Casinos & Gaming–3.91%** |
| Affinity Gaming, 6.88%, 12/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp; 146120 |
| Caesars Entertainment, Inc., | Caesars Entertainment, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;8.13%, 07/01/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 83000 | &nbsp;&nbsp;&nbsp;&nbsp; 83430 |
| &nbsp;&nbsp;&nbsp;4.63%, 10/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 37000 | &nbsp;&nbsp;&nbsp;&nbsp; 31036 |
| Caesars Resort Collection LLC/CRC Finco, Inc., 5.75%, 07/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 70000 | &nbsp;&nbsp;&nbsp;&nbsp; 69259 |
| Las Vegas Sands Corp., 2.90%, 06/25/2025 |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 184826 |
| MGM China Holdings Ltd. (Macau), 5.38%, 05/15/2024<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 196357 |
| MGM Resorts International, 6.75%, 05/01/2025 |  | &nbsp;&nbsp; 49000 | &nbsp;&nbsp;&nbsp;&nbsp; 48837 |
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp., 5.63%, 09/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp;143000 | &nbsp;&nbsp;&nbsp;&nbsp; 114659 |
| Sabre GLBL, Inc., | Sabre GLBL, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;9.25%, 04/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 44000 | &nbsp;&nbsp;&nbsp;&nbsp; 43958 |
| &nbsp;&nbsp;&nbsp;7.38%, 09/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp; 200328 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1118810 |
| **Coal & Consumable Fuels–0.22%** | **Coal & Consumable Fuels–0.22%** | **Coal & Consumable Fuels–0.22%** | **Coal & Consumable Fuels–0.22%** |
| Alliance Resource Operating Partners L.P./Alliance Resource Finance Corp., 7.50%, 05/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 16092 |
| Enviva Partners L.P./Enviva Partners Finance Corp., 6.50%, 01/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 47754 |
| Murray Energy Corp., 3.00% PIK Rate, 9.00% Cash Rate, 04/15/2024<sup>(b)(d)(f)</sup> |  | &nbsp;&nbsp;130760 | &nbsp;&nbsp;&nbsp;&nbsp; 667 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64513 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Commodity Chemicals–0.60%** | **Commodity Chemicals–0.60%** | **Commodity Chemicals–0.60%** | **Commodity Chemicals–0.60%** |
| Koppers, Inc., 6.00%, 02/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; $86000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $80227 |
| Methanex Corp. (Canada), 5.25%, 12/15/2029 |  | &nbsp;&nbsp;102000 | &nbsp;&nbsp;&nbsp;&nbsp; 91239 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171466 |
| **Communications Equipment–0.53%** | **Communications Equipment–0.53%** | **Communications Equipment–0.53%** | **Communications Equipment–0.53%** |
| CommScope Technologies LLC, 6.00%, 06/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 99000 | &nbsp;&nbsp;&nbsp;&nbsp; 92915 |
| Hughes Satellite Systems Corp., 6.63%, 08/01/2026 |  | &nbsp;&nbsp; 64000 | &nbsp;&nbsp;&nbsp;&nbsp; 59587 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152502 |
| **Construction & Engineering–0.46%** | **Construction & Engineering–0.46%** | **Construction & Engineering–0.46%** | **Construction & Engineering–0.46%** |
| AECOM, 5.13%, 03/15/2027 |  | &nbsp;&nbsp; 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 38967 |
| Arcosa, Inc., 4.38%, 04/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 34000 | &nbsp;&nbsp;&nbsp;&nbsp; 29605 |
| Artera Services LLC, 9.03%, 12/04/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 75000 | &nbsp;&nbsp;&nbsp;&nbsp; 62518 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131090 |
| **Construction Machinery & Heavy Trucks–0.10%** | **Construction Machinery & Heavy Trucks–0.10%** | **Construction Machinery & Heavy Trucks–0.10%** | **Construction Machinery & Heavy Trucks–0.10%** |
| Manitowoc Co., Inc. (The), 9.00%, 04/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 31000 | &nbsp;&nbsp;&nbsp;&nbsp; 28413 |
| **Construction Materials–0.57%** | **Construction Materials–0.57%** | **Construction Materials–0.57%** | **Construction Materials–0.57%** |
| Camelot Return Merger Sub, Inc., 8.75%, 08/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 56000 | &nbsp;&nbsp;&nbsp;&nbsp; 50461 |
| Eco Material Technologies, Inc., 7.88%, 01/31/2027<sup>(b)</sup> |  | &nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp; 112430 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162891 |
| **Consumer Finance–2.34%** | **Consumer Finance–2.34%** | **Consumer Finance–2.34%** | **Consumer Finance–2.34%** |
| ASG Finance Designated Activity Co. (Cyprus), 7.88%, 12/03/2024<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 192500 |
| Credit Acceptance Corp., 5.13%, 12/31/2024<sup>(b)</sup> |  | &nbsp;&nbsp;139000 | &nbsp;&nbsp;&nbsp;&nbsp; 131440 |
| Navient Corp., | Navient Corp., |  |  |
| &nbsp;&nbsp;&nbsp;5.88%, 10/25/2024 |  | &nbsp;&nbsp;101000 | &nbsp;&nbsp;&nbsp;&nbsp; 98250 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/15/2029 |  | &nbsp;&nbsp; 62000 | &nbsp;&nbsp;&nbsp;&nbsp; 50717 |
| &nbsp;&nbsp;&nbsp;5.63%, 08/01/2033 |  | &nbsp;&nbsp; 79000 | &nbsp;&nbsp;&nbsp;&nbsp; 55525 |
| OneMain Finance Corp., | OneMain Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/2025 |  | &nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 48625 |
| &nbsp;&nbsp;&nbsp;7.13%, 03/15/2026 |  | &nbsp;&nbsp; 95000 | &nbsp;&nbsp;&nbsp;&nbsp; 92150 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669207 |
| **Department Stores–0.61%** | **Department Stores–0.61%** | **Department Stores–0.61%** | **Department Stores–0.61%** |
| Nordstrom, Inc., | Nordstrom, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;6.95%, 03/15/2028 |  | &nbsp;&nbsp;115000 | &nbsp;&nbsp;&nbsp;&nbsp; 110031 |
| &nbsp;&nbsp;&nbsp;4.38%, 04/01/2030 |  | &nbsp;&nbsp; 80000 | &nbsp;&nbsp;&nbsp;&nbsp; 64400 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174431 |
| **Diversified Banks–1.15%** | **Diversified Banks–1.15%** | **Diversified Banks–1.15%** | **Diversified Banks–1.15%** |
| Banco Mercantil del Norte S.A. (Mexico), 7.50%<sup>(b)(e)(g)</sup> |  | &nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp; 140382 |
| Freedom Mortgage Corp., 7.63%, 05/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 47000 | &nbsp;&nbsp;&nbsp;&nbsp; 40507 |
| Intesa Sanpaolo S.p.A. (Italy), 4.20%, 06/01/2032<sup>(b)(e)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 147672 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328561 |
| **Diversified Chemicals–0.48%** | **Diversified Chemicals–0.48%** | **Diversified Chemicals–0.48%** | **Diversified Chemicals–0.48%** |
| Chemours Co. (The), | Chemours Co. (The), |  |  |
| &nbsp;&nbsp;&nbsp;5.38%, 05/15/2027 |  | &nbsp;&nbsp; 54000 | &nbsp;&nbsp;&nbsp;&nbsp; 48930 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 54000 | &nbsp;&nbsp;&nbsp;&nbsp; 47493 |

---

See accompanying notes which are an integral part of this schedule.

Invesco High Yield Bond Factor Fund

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Diversified Chemicals–(continued)** | **Diversified Chemicals–(continued)** | **Diversified Chemicals–(continued)** |
| Trinseo Materials Operating S.C.A./Trinseo Materials Finance, Inc., 5.13%, 04/01/2029<sup>(b)</sup> | &nbsp;&nbsp; $63000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $40189 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136612 |
| **Diversified Metals & Mining–0.34%** | **Diversified Metals & Mining–0.34%** | **Diversified Metals & Mining–0.34%** |
| Mineral Resources Ltd. (Australia), 8.13%, 05/01/2027<sup>(b)</sup> | &nbsp;&nbsp; 95000 | &nbsp;&nbsp;&nbsp;&nbsp; 96293 |
| **Diversified Real Estate Activities–0.12%** | **Diversified Real Estate Activities–0.12%** | **Diversified Real Estate Activities–0.12%** |
| Five Point Operating Co. L.P./Five Point Capital Corp., 7.88%, 11/15/2025<sup>(b)</sup> | &nbsp;&nbsp; 42000 | &nbsp;&nbsp;&nbsp;&nbsp; 35762 |
| **Diversified REITs–0.18%** | **Diversified REITs–0.18%** | **Diversified REITs–0.18%** |
| HAT Holdings I LLC/HAT Holdings II LLC, 3.38%, 06/15/2026<sup>(b)</sup> | &nbsp;&nbsp; 60000 | &nbsp;&nbsp;&nbsp;&nbsp; 52268 |
| **Diversified Support Services–0.17%** | **Diversified Support Services–0.17%** | **Diversified Support Services–0.17%** |
| MPH Acquisition Holdings LLC, 5.75%, 11/01/2028<sup>(b)</sup> | &nbsp;&nbsp; 70000 | &nbsp;&nbsp;&nbsp;&nbsp; 49282 |
| **Drug Retail–0.12%** | **Drug Retail–0.12%** | **Drug Retail–0.12%** |
| Rite Aid Corp., 8.00%, 11/15/2026<sup>(b)</sup> | &nbsp;&nbsp; 55000 | &nbsp;&nbsp;&nbsp;&nbsp; 34336 |
| **Electric Utilities–1.10%** | **Electric Utilities–1.10%** | **Electric Utilities–1.10%** |
| DPL, Inc., 4.13%, 07/01/2025 | &nbsp;&nbsp; 46000 | &nbsp;&nbsp;&nbsp;&nbsp; 43387 |
| FirstEnergy Corp., 2.05%, 03/01/2025 | &nbsp;&nbsp; 47000 | &nbsp;&nbsp;&nbsp;&nbsp; 43446 |
| PG&E Corp., 5.25%, 07/01/2030 | &nbsp;&nbsp; 61000 | &nbsp;&nbsp;&nbsp;&nbsp; 55333 |
| Talen Energy Supply LLC, 7.25%, 05/15/2027<sup>(b)(f)</sup> | &nbsp;&nbsp;127000 | &nbsp;&nbsp;&nbsp;&nbsp; 130735 |
| Terraform Global Operating L.P., 6.13%, 03/01/2026<sup>(b)</sup> | &nbsp;&nbsp; 44000 | &nbsp;&nbsp;&nbsp;&nbsp; 41225 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314126 |
| **Electrical Components & Equipment–0.38%** | **Electrical Components & Equipment–0.38%** | **Electrical Components & Equipment–0.38%** |
| WESCO Distribution, Inc., 7.13%, 06/15/2025<sup>(b)</sup> | &nbsp;&nbsp;107000 | &nbsp;&nbsp;&nbsp;&nbsp; 108473 |
| **Electronic Components–0.18%** | **Electronic Components–0.18%** | **Electronic Components–0.18%** |
| Likewize Corp., 9.75%, 10/15/2025<sup>(b)</sup> | &nbsp;&nbsp; 55000 | &nbsp;&nbsp;&nbsp;&nbsp; 50408 |
| **Environmental & Facilities Services–0.96%** | **Environmental & Facilities Services–0.96%** | **Environmental & Facilities Services–0.96%** |
| GFL Environmental, Inc. (Canada), 4.25%, 06/01/2025<sup>(b)</sup> | &nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp; 162096 |
| Harsco Corp., 5.75%, 07/31/2027<sup>(b)</sup> | &nbsp;&nbsp; 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 52597 |
| Stericycle, Inc., 5.38%, 07/15/2024<sup>(b)</sup> | &nbsp;&nbsp; 60000 | &nbsp;&nbsp;&nbsp;&nbsp; 59370 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274063 |
| **Fertilizers & Agricultural Chemicals–0.39%** | **Fertilizers & Agricultural Chemicals–0.39%** | **Fertilizers & Agricultural Chemicals–0.39%** |
| Eurochem Finance DAC (Russia), 5.50%, 03/13/2024<sup>(b)</sup> | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 111000 |
| **Financial Exchanges & Data–0.34%** | **Financial Exchanges & Data–0.34%** | **Financial Exchanges & Data–0.34%** |
| Coinbase Global, Inc., 3.38%, 10/01/2028<sup>(b)</sup> | &nbsp;&nbsp;164000 | &nbsp;&nbsp;&nbsp;&nbsp; 96157 |
| **Food Distributors–0.64%** | **Food Distributors–0.64%** | **Food Distributors–0.64%** |
| C&S Group Enterprises LLC, 5.00%, 12/15/2028<sup>(b)</sup> | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp; 111774 |
| US Foods, Inc., 6.25%, 04/15/2025<sup>(b)</sup> | &nbsp;&nbsp; 72000 | &nbsp;&nbsp;&nbsp;&nbsp; 72761 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184535 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Food Retail–0.68%** | **Food Retail–0.68%** | **Food Retail–0.68%** | **Food Retail–0.68%** |
| Albertson's Cos., Inc./Safeway, Inc./New Albertson's L.P./Albertson's LLC, 4.63%, 01/15/2027<sup>(b)</sup> |  | $209000 | &nbsp;&nbsp;&nbsp;&nbsp; $193590 |
| **Footwear–0.34%** | **Footwear–0.34%** | **Footwear–0.34%** | **Footwear–0.34%** |
| Abercrombie & Fitch Management Co., 8.75%, 07/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 97000 | &nbsp;&nbsp;&nbsp;&nbsp; 96634 |
| **Gas Utilities–0.80%** | **Gas Utilities–0.80%** | **Gas Utilities–0.80%** | **Gas Utilities–0.80%** |
| AmeriGas Partners L.P./AmeriGas Finance Corp., 5.75%, 05/20/2027 |  | &nbsp;&nbsp; 91000 | &nbsp;&nbsp;&nbsp;&nbsp; 86955 |
| Crescent Energy Finance LLC, 7.25%, 05/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 95000 | &nbsp;&nbsp;&nbsp;&nbsp; 91824 |
| Ferrellgas L.P./Ferrellgas Finance Corp., 5.88%, 04/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 60000 | &nbsp;&nbsp;&nbsp;&nbsp; 50630 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229409 |
| **Health Care Equipment–0.45%** | **Health Care Equipment–0.45%** | **Health Care Equipment–0.45%** | **Health Care Equipment–0.45%** |
| Varex Imaging Corp., 7.88%, 10/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp;131000 | &nbsp;&nbsp;&nbsp;&nbsp; 129137 |
| **Health Care Facilities–0.59%** | **Health Care Facilities–0.59%** | **Health Care Facilities–0.59%** | **Health Care Facilities–0.59%** |
| RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 31000 | &nbsp;&nbsp;&nbsp;&nbsp; 25003 |
| Tenet Healthcare Corp., 4.88%, 01/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp;151000 | &nbsp;&nbsp;&nbsp;&nbsp; 143524 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168527 |
| **Health Care REITs–0.22%** | **Health Care REITs–0.22%** | **Health Care REITs–0.22%** | **Health Care REITs–0.22%** |
| Diversified Healthcare Trust, | Diversified Healthcare Trust, |  |  |
| &nbsp;&nbsp;&nbsp;9.75%, 06/15/2025 |  | &nbsp;&nbsp; 34000 | &nbsp;&nbsp;&nbsp;&nbsp; 32811 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/2028 |  | &nbsp;&nbsp; 43000 | &nbsp;&nbsp;&nbsp;&nbsp; 29520 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62331 |
| **Health Care Services–2.68%** | **Health Care Services–2.68%** | **Health Care Services–2.68%** | **Health Care Services–2.68%** |
| Akumin Escrow, Inc., 7.50%, 08/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp; 102624 |
| Community Health Systems, Inc., | Community Health Systems, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 03/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp;152000 | &nbsp;&nbsp;&nbsp;&nbsp; 140483 |
| &nbsp;&nbsp;&nbsp;5.63%, 03/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp; 182889 |
| &nbsp;&nbsp;&nbsp;6.88%, 04/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 86000 | &nbsp;&nbsp;&nbsp;&nbsp; 46165 |
| &nbsp;&nbsp;&nbsp;6.13%, 04/01/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 33000 | &nbsp;&nbsp;&nbsp;&nbsp; 16890 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/15/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 86000 | &nbsp;&nbsp;&nbsp;&nbsp; 65689 |
| Prime Healthcare Services, Inc., 7.25%, 11/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 61000 | &nbsp;&nbsp;&nbsp;&nbsp; 52202 |
| US Acute Care Solutions LLC, 6.38%, 03/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp;178000 | &nbsp;&nbsp;&nbsp;&nbsp; 161741 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768683 |
| **Health Care Technology–0.29%** | **Health Care Technology–0.29%** | **Health Care Technology–0.29%** | **Health Care Technology–0.29%** |
| AthenaHealth Group, Inc., 6.50%, 02/15/2030<sup>(b)</sup> |  | &nbsp;&nbsp;109000 | &nbsp;&nbsp;&nbsp;&nbsp; 81762 |
| **Home Furnishings–0.82%** | **Home Furnishings–0.82%** | **Home Furnishings–0.82%** | **Home Furnishings–0.82%** |
| Tempur Sealy International, Inc., | Tempur Sealy International, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp;143000 | &nbsp;&nbsp;&nbsp;&nbsp; 118737 |
| &nbsp;&nbsp;&nbsp;3.88%, 10/15/2031<sup>(b)</sup> |  | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp; 116629 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235366 |
| **Home Improvement Retail–0.51%** | **Home Improvement Retail–0.51%** | **Home Improvement Retail–0.51%** | **Home Improvement Retail–0.51%** |
| JELD-WEN, Inc., | JELD-WEN, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 12/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 66000 | &nbsp;&nbsp;&nbsp;&nbsp; 56041 |
| &nbsp;&nbsp;&nbsp;4.88%, 12/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 49000 | &nbsp;&nbsp;&nbsp;&nbsp; 38447 |

---

See accompanying notes which are an integral part of this schedule.

Invesco High Yield Bond Factor Fund

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Home Improvement Retail–(continued)** | **Home Improvement Retail–(continued)** | **Home Improvement Retail–(continued)** | **Home Improvement Retail–(continued)** |
| Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/2026<sup>(b)</sup> |  | &nbsp;&nbsp; $64000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $52977 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147465 |
| **Homebuilding–2.30%** | **Homebuilding–2.30%** | **Homebuilding–2.30%** | **Homebuilding–2.30%** |
| Beazer Homes USA, Inc., 5.88%, 10/15/2027 |  | &nbsp;&nbsp;101000 | &nbsp;&nbsp;&nbsp;&nbsp; 88426 |
| Century Communities, Inc., 6.75%, 06/01/2027 |  | &nbsp;&nbsp; 88000 | &nbsp;&nbsp;&nbsp;&nbsp; 85443 |
| LGI Homes, Inc., 4.00%, 07/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp;187000 | &nbsp;&nbsp;&nbsp;&nbsp; 141514 |
| Mattamy Group Corp. (Canada), 4.63%, 03/01/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 38000 | &nbsp;&nbsp;&nbsp;&nbsp; 31361 |
| New Home Co., Inc. (The), 7.25%, 10/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 80480 |
| Taylor Morrison Communities, Inc., 5.75%, 01/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp;128000 | &nbsp;&nbsp;&nbsp;&nbsp; 119135 |
| Tri Pointe Homes, Inc., 5.25%, 06/01/2027 |  | &nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp; 112705 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659064 |
| **Hotel & Resort REITs–0.99%** | **Hotel & Resort REITs–0.99%** | **Hotel & Resort REITs–0.99%** | **Hotel & Resort REITs–0.99%** |
| Service Properties Trust, | Service Properties Trust, |  |  |
| &nbsp;&nbsp;&nbsp;4.65%, 03/15/2024 |  | &nbsp;&nbsp;159000 | &nbsp;&nbsp;&nbsp;&nbsp; 153178 |
| &nbsp;&nbsp;&nbsp;4.35%, 10/01/2024 |  | &nbsp;&nbsp; 72000 | &nbsp;&nbsp;&nbsp;&nbsp; 67307 |
| &nbsp;&nbsp;&nbsp;4.95%, 02/15/2027 |  | &nbsp;&nbsp; 78000 | &nbsp;&nbsp;&nbsp;&nbsp; 64335 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284820 |
| **Hotels, Resorts & Cruise Lines–3.68%** | **Hotels, Resorts & Cruise Lines–3.68%** | **Hotels, Resorts & Cruise Lines–3.68%** | **Hotels, Resorts & Cruise Lines–3.68%** |
| Carnival Corp., | Carnival Corp., |  |  |
| &nbsp;&nbsp;&nbsp;7.63%, 03/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 74000 | &nbsp;&nbsp;&nbsp;&nbsp; 62490 |
| &nbsp;&nbsp;&nbsp;5.75%, 03/01/2027<sup>(b)</sup> |  | &nbsp;&nbsp;226000 | &nbsp;&nbsp;&nbsp;&nbsp; 168370 |
| &nbsp;&nbsp;&nbsp;6.00%, 05/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp;117000 | &nbsp;&nbsp;&nbsp;&nbsp; 83219 |
| Carnival Holdings Bermuda Ltd., 10.38%, 05/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp; 130346 |
| Royal Caribbean Cruises Ltd., | Royal Caribbean Cruises Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;11.50%, 06/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp;152000 | &nbsp;&nbsp;&nbsp;&nbsp; 163212 |
| &nbsp;&nbsp;&nbsp;11.63%, 08/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 82000 | &nbsp;&nbsp;&nbsp;&nbsp; 84349 |
| &nbsp;&nbsp;&nbsp;5.50%, 04/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 83000 | &nbsp;&nbsp;&nbsp;&nbsp; 67845 |
| Travel + Leisure Co., Series J, 6.00%, 04/01/2027 |  | &nbsp;&nbsp;174000 | &nbsp;&nbsp;&nbsp;&nbsp; 163444 |
| VOC Escrow Ltd., 5.00%, 02/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp;151000 | &nbsp;&nbsp;&nbsp;&nbsp; 130379 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1053654 |
| **Housewares & Specialties–0.66%** | **Housewares & Specialties–0.66%** | **Housewares & Specialties–0.66%** | **Housewares & Specialties–0.66%** |
| Newell Brands, Inc., | Newell Brands, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;4.45%, 04/01/2026 |  | &nbsp;&nbsp;147000 | &nbsp;&nbsp;&nbsp;&nbsp; 138859 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/01/2036 |  | &nbsp;&nbsp; 60000 | &nbsp;&nbsp;&nbsp;&nbsp; 51466 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190325 |
| **Independent Power Producers & Energy Traders–0.46%** | **Independent Power Producers & Energy Traders–0.46%** | **Independent Power Producers & Energy Traders–0.46%** | **Independent Power Producers & Energy Traders–0.46%** |
| EnfraGen Energia Sur S.A./EnfraGen Spain S.A./Prime Energia S.p.A. (Colombia), 5.38%, 12/30/2030<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 132951 |
| **Industrial Conglomerates–0.32%** | **Industrial Conglomerates–0.32%** | **Industrial Conglomerates–0.32%** | **Industrial Conglomerates–0.32%** |
| Icahn Enterprises L.P./Icahn Enterprises Finance Corp., 6.25%, 05/15/2026 |  | &nbsp;&nbsp; 92000 | &nbsp;&nbsp;&nbsp;&nbsp; 90924 |
| **Industrial Machinery–0.10%** | **Industrial Machinery–0.10%** | **Industrial Machinery–0.10%** | **Industrial Machinery–0.10%** |
| GrafTech Finance, Inc., 4.63%, 12/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 34000 | &nbsp;&nbsp;&nbsp;&nbsp; 28383 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Insurance Brokers–0.37%** | **Insurance Brokers–0.37%** | **Insurance Brokers–0.37%** | **Insurance Brokers–0.37%** |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 6.75%, 10/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; $32000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $29520 |
| HUB International Ltd., 7.00%, 05/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 78000 | &nbsp;&nbsp;&nbsp;&nbsp; 77332 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106852 |
| **Integrated Oil & Gas–1.14%** | **Integrated Oil & Gas–1.14%** | **Integrated Oil & Gas–1.14%** | **Integrated Oil & Gas–1.14%** |
| Occidental Petroleum Corp., | Occidental Petroleum Corp., |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 08/15/2024 |  | &nbsp;&nbsp;184000 | &nbsp;&nbsp;&nbsp;&nbsp; 176940 |
| &nbsp;&nbsp;&nbsp;5.55%, 03/15/2026 |  | &nbsp;&nbsp; 88000 | &nbsp;&nbsp;&nbsp;&nbsp; 88117 |
| &nbsp;&nbsp;&nbsp;8.50%, 07/15/2027 |  | &nbsp;&nbsp; 57000 | &nbsp;&nbsp;&nbsp;&nbsp; 62203 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327260 |
| **Integrated Telecommunication Services–3.17%** | **Integrated Telecommunication Services–3.17%** | **Integrated Telecommunication Services–3.17%** | **Integrated Telecommunication Services–3.17%** |
| Avaya, Inc., 6.13%, 09/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 94000 | &nbsp;&nbsp;&nbsp;&nbsp; 41660 |
| Connect Finco S.a.r.l./Connect US Finco LLC (United Kingdom), 6.75%, 10/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp;229000 | &nbsp;&nbsp;&nbsp;&nbsp; 216779 |
| Consolidated Communications, Inc., 6.50%, 10/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 73000 | &nbsp;&nbsp;&nbsp;&nbsp; 60247 |
| Frontier Communications Holdings LLC, 5.88%, 11/01/2029 |  | &nbsp;&nbsp; 72000 | &nbsp;&nbsp;&nbsp;&nbsp; 57564 |
| Frontier North, Inc., Series G, 6.73%, 02/15/2028 |  | &nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp; 112383 |
| Ligado Networks LLC, 15.50% PIK Rate, 0.00% Cash Rate, 11/01/2023<sup>(b)(d)</sup> |  | &nbsp;&nbsp; 47328 | &nbsp;&nbsp;&nbsp;&nbsp; 14553 |
| Telecom Italia S.p.A. (Italy), 5.30%, 05/30/2024<sup>(b)</sup> |  | &nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp; 295815 |
| Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 08/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp;123000 | &nbsp;&nbsp;&nbsp;&nbsp; 107776 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;906777 |
| **Interactive Home Entertainment–0.36%** | **Interactive Home Entertainment–0.36%** | **Interactive Home Entertainment–0.36%** | **Interactive Home Entertainment–0.36%** |
| Cinemark USA, Inc., 8.75%, 05/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 102187 |
| **Interactive Media & Services–0.02%** | **Interactive Media & Services–0.02%** | **Interactive Media & Services–0.02%** | **Interactive Media & Services–0.02%** |
| Diamond Sports Group LLC/Diamond Sports Finance Co., 5.38%, 08/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 94000 | &nbsp;&nbsp;&nbsp;&nbsp; 5291 |
| **Internet & Direct Marketing Retail–0.49%** | **Internet & Direct Marketing Retail–0.49%** | **Internet & Direct Marketing Retail–0.49%** | **Internet & Direct Marketing Retail–0.49%** |
| Photo Holdings Merger Sub, Inc., 8.50%, 10/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 40132 |
| QVC, Inc., | QVC, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/2027 |  | &nbsp;&nbsp; 73000 | &nbsp;&nbsp;&nbsp;&nbsp; 54932 |
| &nbsp;&nbsp;&nbsp;5.45%, 08/15/2034 |  | &nbsp;&nbsp; 78000 | &nbsp;&nbsp;&nbsp;&nbsp; 44601 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139665 |
| **Internet Services & Infrastructure–0.48%** | **Internet Services & Infrastructure–0.48%** | **Internet Services & Infrastructure–0.48%** | **Internet Services & Infrastructure–0.48%** |
| Cogent Communications Group, Inc., 3.50%, 05/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 67000 | &nbsp;&nbsp;&nbsp;&nbsp; 60665 |
| Condor Merger Sub, Inc., 7.38%, 02/15/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 93000 | &nbsp;&nbsp;&nbsp;&nbsp; 76308 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136973 |
| **Investment Banking & Brokerage–0.28%** | **Investment Banking & Brokerage–0.28%** | **Investment Banking & Brokerage–0.28%** | **Investment Banking & Brokerage–0.28%** |
| NFP Corp., 6.88%, 08/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 96000 | &nbsp;&nbsp;&nbsp;&nbsp; 81332 |
| **IT Consulting & Other Services–0.10%** | **IT Consulting & Other Services–0.10%** | **IT Consulting & Other Services–0.10%** | **IT Consulting & Other Services–0.10%** |
| Unisys Corp., 6.88%, 11/01/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 39000 | &nbsp;&nbsp;&nbsp;&nbsp; 28039 |

---

See accompanying notes which are an integral part of this schedule.

Invesco High Yield Bond Factor Fund

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Leisure Facilities–0.14%** | **Leisure Facilities–0.14%** | **Leisure Facilities–0.14%** | **Leisure Facilities–0.14%** |
| Cedar Fair L.P./Canada's Wonderland Co./Magnum Management Corp., 5.50%, 05/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp; $40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $39927 |
| **Marine–0.29%** | **Marine–0.29%** | **Marine–0.29%** | **Marine–0.29%** |
| NCL Corp. Ltd., 5.88%, 03/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 64000 | &nbsp;&nbsp;&nbsp;&nbsp; 52583 |
| Seaspan Corp. (Hong Kong), 5.50%, 08/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 38000 | &nbsp;&nbsp;&nbsp;&nbsp; 29323 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81906 |
| **Metal & Glass Containers–1.09%** | **Metal & Glass Containers–1.09%** | **Metal & Glass Containers–1.09%** | **Metal & Glass Containers–1.09%** |
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 5.25%, 04/30/2025<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 192755 |
| Ball Corp., 4.88%, 03/15/2026 |  | &nbsp;&nbsp; 53000 | &nbsp;&nbsp;&nbsp;&nbsp; 51486 |
| Intelligent Packaging Ltd. Finco, Inc./Intelligent Packaging Ltd. Co-Issuer LLC (Canada), 6.00%, 09/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 46000 | &nbsp;&nbsp;&nbsp;&nbsp; 37092 |
| Mauser Packaging Solutions Holding Co., 7.25%, 04/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 34000 | &nbsp;&nbsp;&nbsp;&nbsp; 31076 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312409 |
| **Mortgage REITs–0.62%** | **Mortgage REITs–0.62%** | **Mortgage REITs–0.62%** | **Mortgage REITs–0.62%** |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.75%, 06/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 96000 | &nbsp;&nbsp;&nbsp;&nbsp; 78591 |
| Rithm Capital Corp., 6.25%, 10/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp;109000 | &nbsp;&nbsp;&nbsp;&nbsp; 98598 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177189 |
| **Movies & Entertainment–1.05%** | **Movies & Entertainment–1.05%** | **Movies & Entertainment–1.05%** | **Movies & Entertainment–1.05%** |
| Banijay Entertainment S.A.S.U. (France), 5.38%, 03/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 189930 |
| Netflix, Inc., | Netflix, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;5.88%, 02/15/2025 |  | &nbsp;&nbsp; 32000 | &nbsp;&nbsp;&nbsp;&nbsp; 32370 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/15/2026<sup>(c)</sup> |  | &nbsp;&nbsp; 82000 | &nbsp;&nbsp;&nbsp;&nbsp; 79273 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301573 |
| **Multi-line Insurance–0.57%** | **Multi-line Insurance–0.57%** | **Multi-line Insurance–0.57%** | **Multi-line Insurance–0.57%** |
| Acrisure LLC/Acrisure Finance, Inc., 4.25%, 02/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 163416 |
| **Multi-Utilities–0.46%** | **Multi-Utilities–0.46%** | **Multi-Utilities–0.46%** | **Multi-Utilities–0.46%** |
| Algonquin Power & Utilities Corp. (Canada), 4.75%, 01/18/2082<sup>(e)</sup> |  | &nbsp;&nbsp;162000 | &nbsp;&nbsp;&nbsp;&nbsp; 133145 |
| **Office Services & Supplies–0.67%** | **Office Services & Supplies–0.67%** | **Office Services & Supplies–0.67%** | **Office Services & Supplies–0.67%** |
| ACCO Brands Corp., 4.25%, 03/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 20911 |
| Pitney Bowes, Inc., | Pitney Bowes, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 70000 | &nbsp;&nbsp;&nbsp;&nbsp; 55167 |
| &nbsp;&nbsp;&nbsp;7.25%, 03/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp; 75800 |
| Steelcase, Inc., 5.13%, 01/18/2029 |  | &nbsp;&nbsp; 45000 | &nbsp;&nbsp;&nbsp;&nbsp; 39564 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191442 |
| **Oil & Gas Drilling–2.23%** | **Oil & Gas Drilling–2.23%** | **Oil & Gas Drilling–2.23%** | **Oil & Gas Drilling–2.23%** |
| Harvest Midstream I L.P., 7.50%, 09/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp; 124658 |
| NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 180872 |
| Patterson-UTI Energy, Inc., 5.15%, 11/15/2029 |  | &nbsp;&nbsp; 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 58254 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Oil & Gas Drilling–(continued)** | **Oil & Gas Drilling–(continued)** | **Oil & Gas Drilling–(continued)** | **Oil & Gas Drilling–(continued)** |
| Rockies Express Pipeline LLC, | Rockies Express Pipeline LLC, |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 05/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; $95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $88983 |
| &nbsp;&nbsp;&nbsp;4.80%, 05/15/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 68000 | &nbsp;&nbsp;&nbsp;&nbsp; 57973 |
| &nbsp;&nbsp;&nbsp;7.50%, 07/15/2038<sup>(b)</sup> |  | &nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 45436 |
| &nbsp;&nbsp;&nbsp;6.88%, 04/15/2040<sup>(b)</sup> |  | &nbsp;&nbsp; 98000 | &nbsp;&nbsp;&nbsp;&nbsp; 81765 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637941 |
| **Oil & Gas Equipment & Services–1.02%** | **Oil & Gas Equipment & Services–1.02%** | **Oil & Gas Equipment & Services–1.02%** | **Oil & Gas Equipment & Services–1.02%** |
| Enerflex Ltd. (Canada), 9.00%, 10/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 67000 | &nbsp;&nbsp;&nbsp;&nbsp; 66272 |
| USA Compression Partners L.P./USA Compression Finance Corp., 6.88%, 04/01/2026 |  | &nbsp;&nbsp;112000 | &nbsp;&nbsp;&nbsp;&nbsp; 107415 |
| Weatherford International Ltd., | Weatherford International Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;11.00%, 12/01/2024<sup>(b)</sup> |  | &nbsp;&nbsp; 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 16435 |
| &nbsp;&nbsp;&nbsp;8.63%, 04/30/2030<sup>(b)</sup> |  | &nbsp;&nbsp;106000 | &nbsp;&nbsp;&nbsp;&nbsp; 101781 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291903 |
| **Oil & Gas Exploration & Production–3.11%** | **Oil & Gas Exploration & Production–3.11%** | **Oil & Gas Exploration & Production–3.11%** | **Oil & Gas Exploration & Production–3.11%** |
| CrownRock L.P./CrownRock Finance, Inc., 5.63%, 10/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 84000 | &nbsp;&nbsp;&nbsp;&nbsp; 82121 |
| Earthstone Energy Holdings LLC, 8.00%, 04/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 59000 | &nbsp;&nbsp;&nbsp;&nbsp; 56876 |
| Encino Acquisition Partners Holdings LLC, 8.50%, 05/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 54000 | &nbsp;&nbsp;&nbsp;&nbsp; 51767 |
| Gulfport Energy Corp., | Gulfport Energy Corp., |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 05/17/2026 |  | &nbsp;&nbsp; 1756 | &nbsp;&nbsp;&nbsp;&nbsp; 1752 |
| &nbsp;&nbsp;&nbsp;8.00%, 05/17/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 39502 | &nbsp;&nbsp;&nbsp;&nbsp; 39422 |
| Gulfport Energy Operating Corp., 6.38%, 05/15/2025 |  | &nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp; 422 |
| Hilcorp Energy I L.P./Hilcorp Finance Co., 5.75%, 02/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 73000 | &nbsp;&nbsp;&nbsp;&nbsp; 66995 |
| Laredo Petroleum, Inc., 10.13%, 01/15/2028 |  | &nbsp;&nbsp; 82000 | &nbsp;&nbsp;&nbsp;&nbsp; 83085 |
| Moss Creek Resources Holdings, Inc., | Moss Creek Resources Holdings, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 01/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 62000 | &nbsp;&nbsp;&nbsp;&nbsp; 57771 |
| &nbsp;&nbsp;&nbsp;10.50%, 05/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 94000 | &nbsp;&nbsp;&nbsp;&nbsp; 92590 |
| Murphy Oil Corp., 6.13%, 12/01/2042 |  | &nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp; 85948 |
| Par Petroleum LLC/Par Petroleum Finance Corp., 7.75%, 12/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 83000 | &nbsp;&nbsp;&nbsp;&nbsp; 81505 |
| PDC Energy, Inc., 6.13%, 09/15/2024 |  | &nbsp;&nbsp; 66000 | &nbsp;&nbsp;&nbsp;&nbsp; 65667 |
| ROCC Holdings LLC, 9.25%, 08/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 27000 | &nbsp;&nbsp;&nbsp;&nbsp; 27047 |
| Southwestern Energy Co., 5.70%, 01/23/2025 |  | &nbsp;&nbsp; 71000 | &nbsp;&nbsp;&nbsp;&nbsp; 70365 |
| Strathcona Resources Ltd. (Canada), 6.88%, 08/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 32000 | &nbsp;&nbsp;&nbsp;&nbsp; 27253 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890586 |
| **Oil & Gas Refining & Marketing–1.01%** | **Oil & Gas Refining & Marketing–1.01%** | **Oil & Gas Refining & Marketing–1.01%** | **Oil & Gas Refining & Marketing–1.01%** |
| CVR Energy, Inc., 5.25%, 02/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 97000 | &nbsp;&nbsp;&nbsp;&nbsp; 93110 |
| NuStar Logistics L.P., | NuStar Logistics L.P., |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 06/01/2026 |  | &nbsp;&nbsp; 56000 | &nbsp;&nbsp;&nbsp;&nbsp; 54366 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/28/2027 |  | &nbsp;&nbsp; 52000 | &nbsp;&nbsp;&nbsp;&nbsp; 48984 |
| Parkland Corp. (Canada), 4.50%, 10/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 35000 | &nbsp;&nbsp;&nbsp;&nbsp; 29535 |
| PBF Holding Co. LLC/PBF Finance Corp., 7.25%, 06/15/2025 |  | &nbsp;&nbsp; 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 64706 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290701 |
| **Oil & Gas Storage & Transportation–4.72%** | **Oil & Gas Storage & Transportation–4.72%** | **Oil & Gas Storage & Transportation–4.72%** | **Oil & Gas Storage & Transportation–4.72%** |
| Buckeye Partners L.P., 4.13%, 03/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 96152 |

---

See accompanying notes which are an integral part of this schedule.

Invesco High Yield Bond Factor Fund

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Oil & Gas Storage & Transportation–(continued)** | **Oil & Gas Storage & Transportation–(continued)** | **Oil & Gas Storage & Transportation–(continued)** | **Oil & Gas Storage & Transportation–(continued)** |
| Crestwood Midstream Partners L.P./Crestwood Midstream Finance Corp., 6.00%, 02/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; $63000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $58183 |
| EQM Midstream Partners L.P., | EQM Midstream Partners L.P., |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/2024 |  | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 95662 |
| &nbsp;&nbsp;&nbsp;7.50%, 06/01/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 52000 | &nbsp;&nbsp;&nbsp;&nbsp; 52609 |
| &nbsp;&nbsp;&nbsp;5.50%, 07/15/2028 |  | &nbsp;&nbsp; 64000 | &nbsp;&nbsp;&nbsp;&nbsp; 59379 |
| &nbsp;&nbsp;&nbsp;7.50%, 06/01/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 29000 | &nbsp;&nbsp;&nbsp;&nbsp; 29290 |
| &nbsp;&nbsp;&nbsp;6.50%, 07/15/2048 |  | &nbsp;&nbsp; 36000 | &nbsp;&nbsp;&nbsp;&nbsp; 27934 |
| Genesis Energy L.P./Genesis Energy Finance Corp., | Genesis Energy L.P./Genesis Energy Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 01/15/2027 |  | &nbsp;&nbsp;124000 | &nbsp;&nbsp;&nbsp;&nbsp; 118512 |
| &nbsp;&nbsp;&nbsp;7.75%, 02/01/2028 |  | &nbsp;&nbsp; 47000 | &nbsp;&nbsp;&nbsp;&nbsp; 44931 |
| Holly Energy Partners L.P./Holly Energy Finance Corp., 5.00%, 02/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 42000 | &nbsp;&nbsp;&nbsp;&nbsp; 38339 |
| ITT Holdings LLC, 6.50%, 08/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 75000 | &nbsp;&nbsp;&nbsp;&nbsp; 64268 |
| New Fortress Energy, Inc., | New Fortress Energy, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 09/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp; 156533 |
| &nbsp;&nbsp;&nbsp;6.50%, 09/30/2026<sup>(b)</sup> |  | &nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp; 116136 |
| Northriver Midstream Finance L.P. (Canada), 5.63%, 02/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 47000 | &nbsp;&nbsp;&nbsp;&nbsp; 44591 |
| Summit Midstream Holdings LLC/Summit Midstream Finance Corp., 8.50%, 10/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 62000 | &nbsp;&nbsp;&nbsp;&nbsp; 59582 |
| Sunoco L.P./Sunoco Finance Corp., 4.50%, 04/30/2030 |  | &nbsp;&nbsp; 51000 | &nbsp;&nbsp;&nbsp;&nbsp; 44314 |
| Tallgrass Energy Partners L.P./Tallgrass Energy Finance Corp., | Tallgrass Energy Partners L.P./Tallgrass Energy Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 03/01/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 70000 | &nbsp;&nbsp;&nbsp;&nbsp; 66661 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp; 118206 |
| &nbsp;&nbsp;&nbsp;6.00%, 12/31/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 58906 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350188 |
| **Other Diversified Financial Services–1.79%** | **Other Diversified Financial Services–1.79%** | **Other Diversified Financial Services–1.79%** | **Other Diversified Financial Services–1.79%** |
| Midcap Financial Issuer Trust, 5.63%, 01/15/2030<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 160148 |
| Resorts World Las Vegas LLC/RWLV Capital, Inc., 4.63%, 04/06/2031<sup>(b)</sup> |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 135594 |
| Scientific Games Holdings L.P./Scientific Games US FinCo, Inc., 6.63%, 03/01/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 34000 | &nbsp;&nbsp;&nbsp;&nbsp; 28646 |
| United Wholesale Mortgage LLC, | United Wholesale Mortgage LLC, |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 11/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 99000 | &nbsp;&nbsp;&nbsp;&nbsp; 91878 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/15/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 38000 | &nbsp;&nbsp;&nbsp;&nbsp; 33697 |
| &nbsp;&nbsp;&nbsp;5.50%, 04/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 75000 | &nbsp;&nbsp;&nbsp;&nbsp; 62143 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512106 |
| **Packaged Foods & Meats–0.07%** | **Packaged Foods & Meats–0.07%** | **Packaged Foods & Meats–0.07%** | **Packaged Foods & Meats–0.07%** |
| Kraft Heinz Foods Co. (The), 3.88%, 05/15/2027 |  | &nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 965 |
| TreeHouse Foods, Inc., 4.00%, 09/01/2028 |  | &nbsp;&nbsp; 23000 | &nbsp;&nbsp;&nbsp;&nbsp; 19629 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20594 |
| **Paper Packaging–0.89%** | **Paper Packaging–0.89%** | **Paper Packaging–0.89%** | **Paper Packaging–0.89%** |
| Berry Global, Inc., 4.50%, 02/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 91000 | &nbsp;&nbsp;&nbsp;&nbsp; 87447 |
| LABL, Inc., 6.75%, 07/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 55000 | &nbsp;&nbsp;&nbsp;&nbsp; 52597 |
| Sealed Air Corp., 5.50%, 09/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp;115000 | &nbsp;&nbsp;&nbsp;&nbsp; 114264 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254308 |
| **Paper Products–0.78%** | **Paper Products–0.78%** | **Paper Products–0.78%** | **Paper Products–0.78%** |
| Clearwater Paper Corp., 5.38%, 02/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 24000 | &nbsp;&nbsp;&nbsp;&nbsp; 23444 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Paper Products–(continued)** | **Paper Products–(continued)** | **Paper Products–(continued)** | **Paper Products–(continued)** |
| Domtar Corp., 6.75%, 10/01/2028<sup>(b)</sup> |  | $143000 | &nbsp;&nbsp;&nbsp;&nbsp; $124875 |
| Sylvamo Corp., 7.00%, 09/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 76000 | &nbsp;&nbsp;&nbsp;&nbsp; 73855 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222174 |
| **Personal Products–0.24%** | **Personal Products–0.24%** | **Personal Products–0.24%** | **Personal Products–0.24%** |
| Herbalife Nutrition Ltd./HLF Financing, Inc., 7.88%, 09/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 76000 | &nbsp;&nbsp;&nbsp;&nbsp; 69313 |
| **Pharmaceuticals–1.71%** | **Pharmaceuticals–1.71%** | **Pharmaceuticals–1.71%** | **Pharmaceuticals–1.71%** |
| 1375209 BC Ltd. (Canada), 9.00%, 01/30/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 76000 | &nbsp;&nbsp;&nbsp;&nbsp; 75050 |
| Bausch Health Cos., Inc., | Bausch Health Cos., Inc., |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 11/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp;173000 | &nbsp;&nbsp;&nbsp;&nbsp; 146422 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp; 64449 |
| P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp; 105427 |
| Par Pharmaceutical, Inc., 7.50%, 04/01/2027<sup>(b)(f)</sup> |  | &nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp; 98063 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489411 |
| **Publishing–0.12%** | **Publishing–0.12%** | **Publishing–0.12%** | **Publishing–0.12%** |
| Gannett Holdings LLC, 6.00%, 11/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 43000 | &nbsp;&nbsp;&nbsp;&nbsp; 34341 |
| **Regional Banks–0.21%** | **Regional Banks–0.21%** | **Regional Banks–0.21%** | **Regional Banks–0.21%** |
| Synovus Financial Corp., 5.90%, 02/07/2029<sup>(e)</sup> |  | &nbsp;&nbsp; 61000 | &nbsp;&nbsp;&nbsp;&nbsp; 59668 |
| **Reinsurance–0.53%** | **Reinsurance–0.53%** | **Reinsurance–0.53%** | **Reinsurance–0.53%** |
| Enstar Finance LLC, | Enstar Finance LLC, |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 09/01/2040<sup>(e)</sup> |  | &nbsp;&nbsp; 71000 | &nbsp;&nbsp;&nbsp;&nbsp; 64289 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/2042<sup>(e)</sup> |  | &nbsp;&nbsp;109000 | &nbsp;&nbsp;&nbsp;&nbsp; 88067 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152356 |
| **Renewable Electricity–0.29%** | **Renewable Electricity–0.29%** | **Renewable Electricity–0.29%** | **Renewable Electricity–0.29%** |
| Sunnova Energy Corp., 5.88%, 09/01/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 92000 | &nbsp;&nbsp;&nbsp;&nbsp; 82469 |
| **Restaurants–0.38%** | **Restaurants–0.38%** | **Restaurants–0.38%** | **Restaurants–0.38%** |
| Aramark Services, Inc., 6.38%, 05/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp;109000 | &nbsp;&nbsp;&nbsp;&nbsp; 108939 |
| **Retail REITs–0.72%** | **Retail REITs–0.72%** | **Retail REITs–0.72%** | **Retail REITs–0.72%** |
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC, | Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC, |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 05/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 66000 | &nbsp;&nbsp;&nbsp;&nbsp; 63573 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/2027<sup>(b)</sup> |  | &nbsp;&nbsp; 67000 | &nbsp;&nbsp;&nbsp;&nbsp; 58779 |
| Necessity Retail REIT, Inc. (The)/American Finance Operating Partner L.P., 4.50%, 09/30/2028<sup>(b)</sup> |  | &nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp; 82795 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205147 |
| **Security & Alarm Services–0.85%** | **Security & Alarm Services–0.85%** | **Security & Alarm Services–0.85%** | **Security & Alarm Services–0.85%** |
| CoreCivic, Inc., | CoreCivic, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;8.25%, 04/15/2026 |  | &nbsp;&nbsp; 83000 | &nbsp;&nbsp;&nbsp;&nbsp; 84886 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/15/2027 |  | &nbsp;&nbsp; 75000 | &nbsp;&nbsp;&nbsp;&nbsp; 63159 |
| Prime Security Services Borrower LLC/Prime Finance, Inc., 5.75%, 04/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 96000 | &nbsp;&nbsp;&nbsp;&nbsp; 95155 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243200 |
| **Soft Drinks–0.08%** | **Soft Drinks–0.08%** | **Soft Drinks–0.08%** | **Soft Drinks–0.08%** |
| Triton Water Holdings, Inc., 6.25%, 04/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 23400 |

---

See accompanying notes which are an integral part of this schedule.

Invesco High Yield Bond Factor Fund

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Specialized REITs–0.65%** | **Specialized REITs–0.65%** | **Specialized REITs–0.65%** | **Specialized REITs–0.65%** |
| Iron Mountain, Inc., 4.88%, 09/15/2029<sup>(b)</sup> |  | $147000 | &nbsp;&nbsp;&nbsp;&nbsp; $129457 |
| SBA Communications Corp., 3.88%, 02/15/2027 |  | &nbsp;&nbsp; 61000 | &nbsp;&nbsp;&nbsp;&nbsp; 56394 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185851 |
| **Specialty Chemicals–1.22%** | **Specialty Chemicals–1.22%** | **Specialty Chemicals–1.22%** | **Specialty Chemicals–1.22%** |
| Avient Corp., 5.75%, 05/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 82000 | &nbsp;&nbsp;&nbsp;&nbsp; 80048 |
| Rayonier A.M. Products, Inc., 7.63%, 01/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp;222000 | &nbsp;&nbsp;&nbsp;&nbsp; 209491 |
| WR Grace Holdings LLC, 5.63%, 08/15/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 72000 | &nbsp;&nbsp;&nbsp;&nbsp; 59540 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349079 |
| **Specialty Stores–1.78%** | **Specialty Stores–1.78%** | **Specialty Stores–1.78%** | **Specialty Stores–1.78%** |
| Bath & Body Works, Inc., | Bath & Body Works, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;9.38%, 07/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 52485 |
| &nbsp;&nbsp;&nbsp;6.63%, 10/01/2030<sup>(b)</sup> |  | &nbsp;&nbsp; 62000 | &nbsp;&nbsp;&nbsp;&nbsp; 58125 |
| LSF9 Atlantis Holdings LLC/Victra Finance Corp., 7.75%, 02/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp; 109061 |
| Michaels Cos., Inc. (The), | Michaels Cos., Inc. (The), |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 05/01/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 66000 | &nbsp;&nbsp;&nbsp;&nbsp; 48426 |
| &nbsp;&nbsp;&nbsp;7.88%, 05/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp; 36000 | &nbsp;&nbsp;&nbsp;&nbsp; 21352 |
| Sally Holdings LLC/Sally Capital, Inc., 5.63%, 12/01/2025 |  | &nbsp;&nbsp; 94000 | &nbsp;&nbsp;&nbsp;&nbsp; 90088 |
| Staples, Inc., 7.50%, 04/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp;146000 | &nbsp;&nbsp;&nbsp;&nbsp; 130497 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510034 |
| **Steel–0.56%** | **Steel–0.56%** | **Steel–0.56%** | **Steel–0.56%** |
| Cleveland-Cliffs, Inc., 6.75%, 03/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 61000 | &nbsp;&nbsp;&nbsp;&nbsp; 61239 |
| Infrabuild Australia Pty. Ltd. (Australia), 12.00%, 10/01/2024<sup>(b)</sup> |  | &nbsp;&nbsp; 69000 | &nbsp;&nbsp;&nbsp;&nbsp; 67036 |
| United States Steel Corp., 6.88%, 03/01/2029 |  | &nbsp;&nbsp; 32000 | &nbsp;&nbsp;&nbsp;&nbsp; 31247 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159522 |
| **Systems Software–0.71%** | **Systems Software–0.71%** | **Systems Software–0.71%** | **Systems Software–0.71%** |
| Gen Digital, Inc., 5.00%, 04/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 87000 | &nbsp;&nbsp;&nbsp;&nbsp; 84497 |
| Veritas US, Inc./Veritas Bermuda Ltd., 7.50%, 09/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp;166000 | &nbsp;&nbsp;&nbsp;&nbsp; 118910 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203407 |
| **Technology Hardware, Storage & Peripherals–1.86%** | **Technology Hardware, Storage & Peripherals–1.86%** | **Technology Hardware, Storage & Peripherals–1.86%** | **Technology Hardware, Storage & Peripherals–1.86%** |
| Seagate HDD Cayman, | Seagate HDD Cayman, |  |  |
| &nbsp;&nbsp;&nbsp;4.09%, 06/01/2029 |  | &nbsp;&nbsp;106000 | &nbsp;&nbsp;&nbsp;&nbsp; 87900 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/15/2031 |  | &nbsp;&nbsp; 92000 | &nbsp;&nbsp;&nbsp;&nbsp; 72032 |
| &nbsp;&nbsp;&nbsp;3.38%, 07/15/2031 |  | &nbsp;&nbsp; 61000 | &nbsp;&nbsp;&nbsp;&nbsp; 47221 |
| &nbsp;&nbsp;&nbsp;9.63%, 12/01/2032<sup>(b)</sup> |  | &nbsp;&nbsp; 78000 | &nbsp;&nbsp;&nbsp;&nbsp; 82433 |
| Xerox Corp., 6.75%, 12/15/2039 |  | &nbsp;&nbsp;128000 | &nbsp;&nbsp;&nbsp;&nbsp; 98859 |
| Xerox Holdings Corp., | Xerox Holdings Corp., |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 08/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 93150 |
| &nbsp;&nbsp;&nbsp;5.50%, 08/15/2028<sup>(b)</sup> |  | &nbsp;&nbsp; 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 52393 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533988 |
| **Thrifts & Mortgage Finance–0.70%** | **Thrifts & Mortgage Finance–0.70%** | **Thrifts & Mortgage Finance–0.70%** | **Thrifts & Mortgage Finance–0.70%** |
| Enact Holdings, Inc., 6.50%, 08/15/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 90000 | &nbsp;&nbsp;&nbsp;&nbsp; 87626 |
| NMI Holdings, Inc., 7.38%, 06/01/2025<sup>(b)</sup> |  | &nbsp;&nbsp; 82000 | &nbsp;&nbsp;&nbsp;&nbsp; 82539 |
| PennyMac Financial Services, Inc., 5.75%, 09/15/2031<sup>(b)</sup> |  | &nbsp;&nbsp; 38000 | &nbsp;&nbsp;&nbsp;&nbsp; 30458 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200623 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Tires & Rubber–0.19%** | **Tires & Rubber–0.19%** | **Tires & Rubber–0.19%** | **Tires & Rubber–0.19%** |
| FXI Holdings, Inc., 12.25%, 11/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; $68000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $55760 |
| **Tobacco–0.36%** | **Tobacco–0.36%** | **Tobacco–0.36%** | **Tobacco–0.36%** |
| Vector Group Ltd., 5.75%, 02/01/2029<sup>(b)</sup> |  | &nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp; 102636 |
| **Trading Companies & Distributors–0.10%** | **Trading Companies & Distributors–0.10%** | **Trading Companies & Distributors–0.10%** | **Trading Companies & Distributors–0.10%** |
| Alta Equipment Group, Inc., 5.63%, 04/15/2026<sup>(b)</sup> |  | &nbsp;&nbsp; 33000 | &nbsp;&nbsp;&nbsp;&nbsp; 29147 |
| **Wireless Telecommunication Services–1.15%** | **Wireless Telecommunication Services–1.15%** | **Wireless Telecommunication Services–1.15%** | **Wireless Telecommunication Services–1.15%** |
| Sprint LLC, 7.13%, 06/15/2024 |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 204497 |
| T-Mobile USA, Inc., 2.25%, 02/15/2026 |  | &nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp; 123770 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total U.S. Dollar Denominated Bonds & Notes (Cost $29,358,295) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total U.S. Dollar Denominated Bonds & Notes (Cost $29,358,295) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total U.S. Dollar Denominated Bonds & Notes (Cost $29,358,295) | &nbsp;&nbsp;&nbsp;&nbsp;26915790 |
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Shares** |  |
| **Exchange-Traded Funds–3.26%** | **Exchange-Traded Funds–3.26%** | **Exchange-Traded Funds–3.26%** | **Exchange-Traded Funds–3.26%** |
| Invesco High Yield Bond Factor ETF<br> (Cost $1,109,352)<sup>(h)</sup> | Invesco High Yield Bond Factor ETF<br> (Cost $1,109,352)<sup>(h)</sup> | &nbsp;&nbsp; 43455 | &nbsp;&nbsp; 934352 |
| **Common Stocks & Other Equity Interests–0.29%** | **Common Stocks & Other Equity Interests–0.29%** | **Common Stocks & Other Equity Interests–0.29%** | **Common Stocks & Other Equity Interests–0.29%** |
| **Advertising–0.00%** | **Advertising–0.00%** | **Advertising–0.00%** | **Advertising–0.00%** |
| Tenerity LLC, Wts., expiring 04/10/2024<sup>(i)</sup> | Tenerity LLC, Wts., expiring 04/10/2024<sup>(i)</sup> | &nbsp;&nbsp; 39 | &nbsp;&nbsp; 0 |
| **Apparel, Accessories & Luxury Goods–0.03%** | **Apparel, Accessories & Luxury Goods–0.03%** | **Apparel, Accessories & Luxury Goods–0.03%** | **Apparel, Accessories & Luxury Goods–0.03%** |
| Claire's Holdings LLC | Claire's Holdings LLC | &nbsp;&nbsp; 20 | &nbsp;&nbsp; 8000 |
| **Coal & Consumable Fuels–0.08%** | **Coal & Consumable Fuels–0.08%** | **Coal & Consumable Fuels–0.08%** | **Coal & Consumable Fuels–0.08%** |
| ACNR Holdings, Inc. | ACNR Holdings, Inc. | &nbsp;&nbsp; 232 | &nbsp;&nbsp; 23819 |
| **Oil & Gas Equipment & Services–0.18%** | **Oil & Gas Equipment & Services–0.18%** | **Oil & Gas Equipment & Services–0.18%** | **Oil & Gas Equipment & Services–0.18%** |
| Superior Energy Services, Inc. | Superior Energy Services, Inc. | &nbsp;&nbsp; 761 | &nbsp;&nbsp; 51367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests (Cost $28,606) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests (Cost $28,606) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests (Cost $28,606) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83186 |
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** |  |
| **U.S. Treasury Securities–0.28%** | **U.S. Treasury Securities–0.28%** | **U.S. Treasury Securities–0.28%** | **U.S. Treasury Securities–0.28%** |
| **U.S. Treasury Bills–0.28%** | **U.S. Treasury Bills–0.28%** | **U.S. Treasury Bills–0.28%** | **U.S. Treasury Bills–0.28%** |
| &nbsp;&nbsp;&nbsp;4.54%, 05/11/2023<br> (Cost $80,392)<sup>(j)(k)</sup> |  | &nbsp;&nbsp; $82000 | &nbsp;&nbsp;&nbsp;&nbsp; 80359 |
| **Variable Rate Senior Loan Interests–0.04%<sup>(l)(m)</sup>** | **Variable Rate Senior Loan Interests–0.04%<sup>(l)(m)</sup>** | **Variable Rate Senior Loan Interests–0.04%<sup>(l)(m)</sup>** | **Variable Rate Senior Loan Interests–0.04%<sup>(l)(m)</sup>** |
| **Apparel, Accessories & Luxury Goods–0.04%** | **Apparel, Accessories & Luxury Goods–0.04%** | **Apparel, Accessories & Luxury Goods–0.04%** | **Apparel, Accessories & Luxury Goods–0.04%** |
| Claire's Stores, Inc., Term Loan, 10.57% (1 mo. USD LIBOR + 6.50%), 12/18/2026<br> (Cost $10,685) |  | &nbsp;&nbsp; 12266 | &nbsp;&nbsp;&nbsp;&nbsp; 11178 |
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Shares** |  |
| **Preferred Stocks–0.00%** | **Preferred Stocks–0.00%** | **Preferred Stocks–0.00%** | **Preferred Stocks–0.00%** |
| **Apparel, Accessories & Luxury Goods–0.00%** | **Apparel, Accessories & Luxury Goods–0.00%** | **Apparel, Accessories & Luxury Goods–0.00%** | **Apparel, Accessories & Luxury Goods–0.00%** |
| Claire's Holdings LLC, Series A, Pfd.<br> (Cost $3,125)<sup>(i)</sup> | Claire's Holdings LLC, Series A, Pfd.<br> (Cost $3,125)<sup>(i)</sup> | &nbsp;&nbsp; 5 | &nbsp;&nbsp; 1275 |
| TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-97.88% (Cost $30,590,455) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;28026140 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds–0.67%** | **Money Market Funds–0.67%** | **Money Market Funds–0.67%** | **Money Market Funds–0.67%** |
| Invesco Private Government Fund, 3.83%<sup>(h)(n)(o)</sup> | Invesco Private Government Fund, 3.83%<sup>(h)(n)(o)</sup> | &nbsp;&nbsp; 52598 | &nbsp;&nbsp; 52598 |

---

See accompanying notes which are an integral part of this schedule.

Invesco High Yield Bond Factor Fund

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **Money Market Funds–(continued)** | **Money Market Funds–(continued)** | **Money Market Funds–(continued)** |
| Invesco Private Prime Fund, 4.15%<sup>(h)(n)(o)</sup> | 137893 | &nbsp;&nbsp;&nbsp;&nbsp; $137921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $190,491) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $190,491) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190519 |
| TOTAL INVESTMENTS IN SECURITIES–98.55% (Cost $30,780,946) | TOTAL INVESTMENTS IN SECURITIES–98.55% (Cost $30,780,946) | &nbsp;&nbsp;&nbsp;&nbsp;28216659 |
| OTHER ASSETS LESS LIABILITIES—1.45% | OTHER ASSETS LESS LIABILITIES—1.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415055 |
| NET ASSETS–100.00% | NET ASSETS–100.00% | &nbsp;&nbsp;$28631714 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| ETF | – Exchange-Traded Fund |
| LIBOR | – London Interbank Offered Rate |
| Pfd. | – Preferred |
| PIK | – Pay-in-Kind |
| REIT | – Real Estate Investment Trust |
| USD | – U.S. Dollar |
| Wts. | – Warrants |

---

Notes to Schedule of Investments:

<sup>(a)</sup> Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.

<sup>(b)</sup> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at November 30, 2022 was $20,055,326, which represented 70.05% of the Fund's Net Assets.

<sup>(c)</sup> All or a portion of this security was out on loan at November 30, 2022.

<sup>(d)</sup> All or a portion of this security is Pay-in-Kind. Pay-in-Kind securities pay interest income in the form of securities.

<sup>(e)</sup> Security issued at a fixed rate for a specific period of time, after which it will convert to a variable rate.

<sup>(f)</sup> Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at November 30, 2022 was $229,465, which represented less than 1% of the Fund's Net Assets.

<sup>(g)</sup> Perpetual bond with no specified maturity date.

<sup>(h)</sup> Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended November 30, 2022.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value<br> February 28, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Realized<br> Gain<br> (Loss)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value<br> November 30, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Dividend Income** |
| Invesco High Yield Bond Factor ETF | $1059867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$(125515) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$934352 | &nbsp;&nbsp;&nbsp;&nbsp;$42516 |
| **Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(772914) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74 |
| Invesco Liquid Assets Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(550493) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 |
| Invesco Treasury Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;789046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(883331) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74 |
| **Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;194457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1109857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1251716) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,460\* |
| Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;453733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2552631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2868257) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(216) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,926\* |
| Total | $1942192 | &nbsp;&nbsp;&nbsp;&nbsp;$5635103 | &nbsp;&nbsp;&nbsp;&nbsp;$(6326711) | &nbsp;&nbsp;&nbsp;&nbsp;$(125485) | &nbsp;&nbsp;&nbsp;&nbsp;$(228) | &nbsp;&nbsp;&nbsp;&nbsp;$1124871 | &nbsp;&nbsp;&nbsp;&nbsp;$48101 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(i)</sup> Security valued using significant unobservable inputs (Level 3). See Note 1.

<sup>(j)</sup> All or a portion of the value was pledged as collateral to cover margin requirements for open futures contracts.

<sup>(k)</sup> Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

<sup>(l)</sup> Variable rate senior loan interests often require prepayments from excess cash flow or permit the borrower to repay at its election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with any accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, it is anticipated that the variable rate senior loan interests will have an expected average life of three to five years.

<sup>(m)</sup> Variable rate senior loan interests are, at present, not readily marketable, not registered under the 1933 Act and may be subject to contractual and legal restrictions on sale. Variable rate senior loan interests in the Fund's portfolio generally have variable rates which adjust to a base, such as the London Interbank Offered Rate ("LIBOR"), on set dates, typically every 30 days, but not greater than one year, and/or have interest rates that float at margin above a widely recognized base lending rate such as the Prime Rate of a designated U.S. bank.

<sup>(n)</sup> The rate shown is the 7-day SEC standardized yield as of November 30, 2022.

<sup>(o)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

See accompanying notes which are an integral part of this schedule.

Invesco High Yield Bond Factor Fund

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts** | **Open Futures Contracts** | **Open Futures Contracts** | **Open Futures Contracts** | **Open Futures Contracts** | **Open Futures Contracts** |
| **Long Futures Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Month** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** |
| U.S. Treasury 5 Year Notes | &nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;March-2023 | &nbsp;&nbsp;&nbsp;&nbsp;$108570 | &nbsp;&nbsp;&nbsp;&nbsp;$(226) | &nbsp;&nbsp;&nbsp;&nbsp;$(226) |
| U.S. Treasury 10 Year Notes | &nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;March-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2043000 | &nbsp;&nbsp;&nbsp;&nbsp;10828 | &nbsp;&nbsp;&nbsp;&nbsp;10828 |
| U.S. Treasury 10 Year Ultra Notes | &nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;March-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5109 |
| U.S. Treasury Ultra Bonds | &nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;March-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subtotal—Long Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subtotal—Long Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subtotal—Long Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subtotal—Long Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;17539 | &nbsp;&nbsp;&nbsp;&nbsp;17539 |
| **Short Futures Contracts** |  |  |  |  |  |
| **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** |
| U.S. Treasury 2 Year Notes | &nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;March-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(1642875) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4125) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4125) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Futures Contracts | &nbsp;&nbsp;&nbsp;$13414 | &nbsp;&nbsp;&nbsp;$13414 |

---

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

Invesco High Yield Bond Factor Fund

------

### Notes to Quarterly Schedule of Portfolio Holdings
*November 30, 2022*

(Unaudited)

#### NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 – Prices are determined using quoted prices in an active market for identical assets.

Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.

Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of November 30, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| <br>**Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total**  |
| U.S. Dollar Denominated Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$26915790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$26915790 |
| Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934352 |
| Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83186 |
| U.S. Treasury Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80359 |
| Variable Rate Senior Loan Interests | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11178 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190519 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27281032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28216659 |
| **Other Investments - Assets\*** |  |  |  |  |
| Investments Matured | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17765 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17774 |
| **Other Investments - Liabilities\*** |  |  |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4351) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4351) |
| **Total Other Investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13423 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp;$947766 | &nbsp;&nbsp;&nbsp;&nbsp;$27281041 | &nbsp;&nbsp;&nbsp;&nbsp;$1275 | &nbsp;&nbsp;&nbsp;&nbsp;$28230082 |

---

\* Futures contracts are valued at unrealized appreciation (depreciation). Investments matured are shown at value.

Invesco High Yield Bond Factor Fund

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Investment Securities Funds (Invesco Investment Securities Funds)

- **b. Investment Company Act file number:** 811-05686

- **c. CIK number of Registrant:** 0000842790

- **d. LEI of Registrant:** G61U5I6LJJEX0O3SU057

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco High Yield Bond Factor Fund

- **b. EDGAR series identifier (if any):** S000064666

- **c. LEI of Series:** 549300VX68XZXFPNP514

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $28921839.31

**Total Liabilities:** $448813.08

**Net Assets:** $28473026.23

**Cash Not Reported:** $101545.80

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -96.09161016 | **1-Year:** -195.92195177 | **5-Year:** -579.15668724 | **10-Year:** -427.18938388 | **30-Year:** -123.62484747

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

- **3-Month:** -47.89396248 | **1-Year:** -1912.72279933 | **5-Year:** -5319.95396185 | **10-Year:** -1464.58579390 | **30-Year:** -151.25887988

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000209383 | -4.36%               | 2.22%                | 2.18%                |
| Class ID C000209379 | -4.27%               | 2.30%                | 2.40%                |
| Class ID C000209380 | -4.31%               | 2.26%                | 2.22%                |
| Class ID C000209382 | -4.27%               | 2.30%                | 2.26%                |
| Class ID C000209381 | -4.29%               | 2.28%                | 2.24%                |
| Class ID C000209378 | -4.27%               | 2.30%                | 2.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-20036.08               | $-1255500.32                               |
| Month 2  | $-391761.37              | $921653.30                                 |
| Month 3  | $-491961.08              | $883367.29                                 |

**Designated Index Information**

- **Index Name:** Bloomberg US High Yield 2% Issuer Cap Index

- **Index Identifier:** 100% BB-US HY 2% Issr Cap UH

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Liberty Interactive LLC                                                            | Liberty Interactive LLC                                                            | CUSIP: 530715AJ0<br>LEI: 549300SZUIU7Z32Q0664 | Long             | DBT              | CORP              | US        |    195000 | PA      | $97855.88     | 0.34%             | 2030-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| NuStar Logistics, L.P.                                                             | NuStar Logistics, L.P.                                                             | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     56000 | PA      | $54365.36     | 0.19%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Nordstrom, Inc.                                                                    | Nordstrom, Inc.                                                                    | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     80000 | PA      | $64400.00     | 0.23%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| QVC, Inc.                                                                          | QVC, Inc.                                                                          | CUSIP: 747262AY9<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     73000 | PA      | $54932.50     | 0.19%             | 2027-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Clearwater Paper Corp.                                                             | Clearwater Paper Corp.                                                             | CUSIP: 18538RAH6<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |     24000 | PA      | $23444.47     | 0.08%             | 2025-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                                      | Netflix, Inc.                                                                      | CUSIP: 64110LAL0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     32000 | PA      | $32369.81     | 0.11%             | 2025-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Encino Acquisition Partners Holdings, LLC                                          | Encino Acquisition Partners Holdings, LLC                                          | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |     54000 | PA      | $51766.81     | 0.18%             | 2028-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines, Inc.                                                              | Delta Air Lines, Inc.                                                              | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    111000 | PA      | $114821.18    | 0.40%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Gulfport Energy Operating Corp.                                                    | Gulfport Energy Operating Corp.                                                    | CUSIP: 402ESCAS6<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |    135000 | PA      | $421.88       | 0.00%             | 2025-05-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Standard Industries, Inc.                                                          | Standard Industries, Inc.                                                          | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    111000 | PA      | $91180.95     | 0.32%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp.                                                                     | DISH DBS Corp.                                                                     | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    108000 | PA      | $79833.60     | 0.28%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works, Inc.                                                            | Bath & Body Works, Inc.                                                            | CUSIP: 501797AU8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52484.73     | 0.18%             | 2025-07-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| CVR Energy, Inc.                                                                   | CVR Energy, Inc.                                                                   | CUSIP: 12662PAB4<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |     97000 | PA      | $93110.30     | 0.33%             | 2025-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.                     | Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.                     | CUSIP: 87470LAG6<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66661.00     | 0.23%             | 2027-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Claire's Holdings LLC                                                              | Claire's Holdings LLC                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |        20 | NS      | $8000.00      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Consolidated Communications, Inc.                                                  | Consolidated Communications, Inc.                                                  | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |     73000 | PA      | $60246.90     | 0.21%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Beazer Homes USA, Inc.                                                             | Beazer Homes USA, Inc.                                                             | CUSIP: 07556QBR5<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |    101000 | PA      | $88425.50     | 0.31%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Navient Corp.                                                                      | Navient Corp.                                                                      | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     79000 | PA      | $55525.38     | 0.20%             | 2033-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                | U.S. Treasury 10 Year Notes Future                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |        21 | NC      | $12632.80     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Resource Operating Partners L.P./ Alliance Resource Finance Corp.         | Alliance Resource Operating Partners L.P./ Alliance Resource Finance Corp.         | CUSIP: 01879NAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     16000 | PA      | $16092.40     | 0.06%             | 2025-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp.                                                                   | Sealed Air Corp.                                                                   | CUSIP: 81211KAX8<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    115000 | PA      | $114263.43    | 0.40%             | 2025-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eurochem Finance DAC                                                               | Eurochem Finance DAC                                                               | CUSIP: AX5442626<br>LEI: 635400IELZVGRWMGIN72 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $111000.00    | 0.39%             | 2024-03-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Necessity Retail REIT Inc./The / American Finance Operating Partner L.P.           | Necessity Retail REIT Inc./The / American Finance Operating Partner L.P.           | CUSIP: 02608AAA7<br>LEI: 549300GN4H0K3IUS8983 | Long             | DBT              | CORP              | US        |    108000 | PA      | $82795.50     | 0.29%             | 2028-09-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NMI Holdings, Inc.                                                                 | NMI Holdings, Inc.                                                                 | CUSIP: 629209AA5<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | DBT              | CORP              | US        |     82000 | PA      | $82539.15     | 0.29%             | 2025-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| U.S. Acute Care Solutions, LLC                                                     | U.S. Acute Care Solutions, LLC                                                     | CUSIP: 90367UAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    178000 | PA      | $161741.14    | 0.57%             | 2026-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CrownRock L.P./ CrownRock Finance Inc.                                             | CrownRock L.P./ CrownRock Finance Inc.                                             | CUSIP: 228701AF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     84000 | PA      | $82120.92     | 0.29%             | 2025-10-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AMC Networks Inc.                                                                  | AMC Networks Inc.                                                                  | CUSIP: 00164VAE3<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |     98000 | PA      | $87466.47     | 0.31%             | 2025-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons L.P./ Albertsons LLC             | Albertsons Cos Inc / Safeway Inc / New Albertsons L.P./ Albertsons LLC             | CUSIP: 013092AC5<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    209000 | PA      | $193590.43    | 0.68%             | 2027-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Manitowoc Co., Inc. (The)                                                          | Manitowoc Co., Inc. (The)                                                          | CUSIP: 563571AL2<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |     31000 | PA      | $28412.94     | 0.10%             | 2026-04-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Brookfield Property REIT, Inc. / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | Brookfield Property REIT, Inc. / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAA3<br>LEI: 549300K1JD1LDRNBET48 | Long             | DBT              | CORP              | US        |     66000 | PA      | $63572.52     | 0.22%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Varex Imaging Corp.                                                                | Varex Imaging Corp.                                                                | CUSIP: 92214XAC0<br>LEI: 549300CWYWPVCT8E9W67 | Long             | DBT              | CORP              | US        |    131000 | PA      | $129136.69    | 0.45%             | 2027-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ITT Holdings LLC                                                                   | ITT Holdings LLC                                                                   | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64267.62     | 0.23%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Rite Aid Corp.                                                                     | Rite Aid Corp.                                                                     | CUSIP: 767754CL6<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |     55000 | PA      | $34335.68     | 0.12%             | 2026-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Alta Equipment Group Inc.                                                          | Alta Equipment Group Inc.                                                          | CUSIP: 02128LAA4<br>LEI: 549300DGOB28CLGS1X27 | Long             | DBT              | CORP              | US        |     33000 | PA      | $29147.01     | 0.10%             | 2026-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Hughes Satellite Systems Corp.                                                     | Hughes Satellite Systems Corp.                                                     | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     64000 | PA      | $59586.56     | 0.21%             | 2026-08-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Lcpr Senior Secured Financing DAC                                                  | Lcpr Senior Secured Financing DAC                                                  | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |    180000 | PA      | $170514.00    | 0.60%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                                           | Lumen Technologies, Inc., Series U                                                 | CUSIP: 156700AT3<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     86000 | PA      | $58106.33     | 0.20%             | 2042-03-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Parkland Corp.                                                                     | Parkland Corp.                                                                     | CUSIP: 70137WAG3<br>LEI: 549300XHQS1JYWBNK868 | Long             | DBT              | CORP              | CA        |     35000 | PA      | $29535.28     | 0.10%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| 1375209 BC Ltd.                                                                    | 1375209 BC Ltd.                                                                    | CUSIP: 68251PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     76000 | PA      | $75050.00     | 0.26%             | 2028-01-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| P&L Development LLC / PLD Finance Corp.                                            | P&L Development LLC / PLD Finance Corp.                                            | CUSIP: 69306RAA4<br>LEI: 549300TSXG3VFTR8PB29 | Long             | DBT              | CORP              | US        |    130000 | PA      | $105426.75    | 0.37%             | 2025-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos. Inc.                                                            | Bausch Health Cos. Inc.                                                            | CUSIP: 91911KAN2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    173000 | PA      | $146422.01    | 0.51%             | 2025-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                                                 | Newell Brands Inc.                                                                 | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51466.20     | 0.18%             | 2036-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp.                                                                     | DISH DBS Corp.                                                                     | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $55924.38     | 0.20%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners, L.P.                                                             | Buckeye Partners, L.P.                                                             | CUSIP: 118230AT8<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96152.50     | 0.34%             | 2025-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Koppers Inc.                                                                       | Koppers Inc.                                                                       | CUSIP: 500605AH3<br>LEI: LTO4ZL5EBDR1NE6FGJ36 | Long             | DBT              | CORP              | US        |     86000 | PA      | $80227.25     | 0.28%             | 2025-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Enstar Finance LLC                                                                 | Enstar Finance LLC                                                                 | CUSIP: 29360AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    109000 | PA      | $88067.10     | 0.31%             | 2042-01-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                | U.S. Treasury 2 Year Notes Future                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |       -12 | NC      | $-6187.51     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| United Wholesale Mortgage, LLC                                                     | United Wholesale Mortgage, LLC                                                     | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     38000 | PA      | $33696.88     | 0.12%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cogent Communications Group, Inc.                                                  | Cogent Communications Group, Inc.                                                  | CUSIP: 19240CAC7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |     67000 | PA      | $60665.52     | 0.21%             | 2026-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                                      | Netflix, Inc.                                                                      | CUSIP: 64110LAN6<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     82000 | PA      | $79273.29     | 0.28%             | 2026-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| Iron Mountain Inc.                                                                 | Iron Mountain Inc.                                                                 | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    147000 | PA      | $129456.62    | 0.45%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                                             | Mineral Resources Ltd.                                                             | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     95000 | PA      | $96292.59     | 0.34%             | 2027-05-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Earthstone Energy Holdings, LLC                                                    | Earthstone Energy Holdings, LLC                                                    | CUSIP: 27034RAA1<br>LEI: 549300HGVO86L8G72J25 | Long             | DBT              | CORP              | US        |     59000 | PA      | $56876.00     | 0.20%             | 2027-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Gen Digital Inc.                                                                   | Gen Digital Inc.                                                                   | CUSIP: 871503AU2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     87000 | PA      | $84496.58     | 0.30%             | 2025-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                                                    | Sabre GLBL Inc.                                                                    | CUSIP: 78573NAF9<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    210000 | PA      | $200328.45    | 0.70%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Frontier North Inc.                                                                | Frontier North Inc., Series G                                                      | CUSIP: 362337AK3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $112383.00    | 0.39%             | 2028-02-15      | Fixed         | 6.73%                 | No            |                  2 | On Loan: No      |
| Pitney Bowes Inc.                                                                  | Pitney Bowes Inc.                                                                  | CUSIP: 724479AQ3<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |    105000 | PA      | $75800.03     | 0.27%             | 2029-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Methanex Corp.                                                                     | Methanex Corp.                                                                     | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    102000 | PA      | $91239.00     | 0.32%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.               | RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.               | CUSIP: 53219LAR0<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     31000 | PA      | $25002.59     | 0.09%             | 2026-12-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                                                       | Diversified Healthcare Trust                                                       | CUSIP: 81721MAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     43000 | PA      | $29520.36     | 0.10%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                              | OneMain Finance Corp.                                                              | CUSIP: 85172FAM1<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48625.00     | 0.17%             | 2025-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Laredo Petroleum, Inc.                                                             | Laredo Petroleum, Inc.                                                             | CUSIP: 516806AG1<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     82000 | PA      | $83085.27     | 0.29%             | 2028-01-15      | Fixed         | 10.12%                | No            |                  2 | On Loan: No      |
| Stericycle, Inc.                                                                   | Stericycle, Inc.                                                                   | CUSIP: 858912AF5<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59370.00     | 0.21%             | 2024-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Tempur Sealy International, Inc.                                                   | Tempur Sealy International, Inc.                                                   | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116629.50    | 0.41%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Triton Water Holdings, Inc.                                                        | Triton Water Holdings, Inc.                                                        | CUSIP: 89680EAA7<br>LEI: 5493005IYCEL7QJFZZ63 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23400.00     | 0.08%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CommScope Technologies LLC                                                         | CommScope Technologies LLC                                                         | CUSIP: 20337YAA5<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |     99000 | PA      | $92915.46     | 0.33%             | 2025-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                       | CCO Holdings, LLC/CCO Holdings Capital Corp.                                       | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74000 | PA      | $71871.76     | 0.25%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Condor Merger Sub, Inc.                                                            | Condor Merger Sub, Inc.                                                            | CUSIP: 579063AB4<br>LEI: 254900SAGUYT3MBUU161 | Long             | DBT              | CORP              | US        |     93000 | PA      | $76307.56     | 0.27%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Murray Energy Corp.                                                                | Murray Energy Corp.                                                                | CUSIP: 62704PAM5<br>LEI: 549300WM5IIFYHZYTT63 | Long             | DBT              | CORP              | US        |    130760 | PA      | $666.88       | 0.00%             | 2024-04-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Brookfield Property REIT, Inc. / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | Brookfield Property REIT, Inc. / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     67000 | PA      | $58779.19     | 0.21%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                                                       | Rockies Express Pipeline LLC                                                       | CUSIP: 77340RAD9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45435.57     | 0.16%             | 2038-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Cinemark USA, Inc.                                                                 | Cinemark USA, Inc.                                                                 | CUSIP: 172441BC0<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102187.50    | 0.36%             | 2025-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                                             | HUB International Ltd.                                                             | CUSIP: 44332PAD3<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     78000 | PA      | $77331.54     | 0.27%             | 2026-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Corp.                                                                  | FirstEnergy Corp.                                                                  | CUSIP: 337932AK3<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     47000 | PA      | $43446.11     | 0.15%             | 2025-03-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Avient Corp.                                                                       | Avient Corp.                                                                       | CUSIP: 73179PAM8<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     82000 | PA      | $80047.52     | 0.28%             | 2025-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Genesis Energy L.P./ Genesis Energy Finance Corp.                                  | Genesis Energy L.P./ Genesis Energy Finance Corp.                                  | CUSIP: 37185LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     47000 | PA      | $44931.06     | 0.16%             | 2028-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                                 | CHS/Community Health Systems, Inc.                                                 | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    215000 | PA      | $182888.68    | 0.64%             | 2027-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                                           | Lumen Technologies, Inc., Series P                                                 | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    121000 | PA      | $83109.46     | 0.29%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                                 | CHS/Community Health Systems, Inc.                                                 | CUSIP: 12543DBC3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    152000 | PA      | $140482.96    | 0.49%             | 2026-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AECOM                                                                              | AECOM                                                                              | CUSIP: 00774CAB3<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38966.80     | 0.14%             | 2027-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Mattamy Group Corp.                                                                | Mattamy Group Corp.                                                                | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |     38000 | PA      | $31361.40     | 0.11%             | 2030-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Pitney Bowes Inc.                                                                  | Pitney Bowes Inc.                                                                  | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     70000 | PA      | $55167.00     | 0.19%             | 2027-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                  | CSC Holdings, LLC                                                                  | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $127150.50    | 0.45%             | 2030-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Telenet Finance Luxembourg Notes S.a.r.l.                                          | Telenet Finance Luxembourg Notes S.a.r.l.                                          | CUSIP: AQ2322842<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |     70000 | PA      | $63210.00     | 0.22%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                   | Paramount Global                                                                   | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     97000 | PA      | $80356.08     | 0.28%             | 2062-03-30      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| United Wholesale Mortgage, LLC                                                     | United Wholesale Mortgage, LLC                                                     | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62142.75     | 0.22%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UPC Broadband Finco B.V.                                                           | UPC Broadband Finco B.V.                                                           | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $171260.00    | 0.60%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Gulfport Energy Corp.                                                              | Gulfport Energy Corp.                                                              | CUSIP: 402635AR7<br>LEI: 254900DJRGZBUZ3F5038 | Long             | DBT              | CORP              | US        |     39502 | PA      | $39422.01     | 0.14%             | 2026-05-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AmeriGas Partners L.P./ AmeriGas Finance Corp.                                     | AmeriGas Partners L.P./ AmeriGas Finance Corp.                                     | CUSIP: 030981AL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     91000 | PA      | $86955.51     | 0.31%             | 2027-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works, Inc.                                                            | Bath & Body Works, Inc.                                                            | CUSIP: 501797AW4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     62000 | PA      | $58125.00     | 0.20%             | 2030-10-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                                 | CHS/Community Health Systems, Inc.                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     86000 | PA      | $65688.95     | 0.23%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Penske Automotive Group, Inc.                                                      | Penske Automotive Group, Inc.                                                      | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |     97000 | PA      | $90935.01     | 0.32%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ball Corp.                                                                         | Ball Corp.                                                                         | CUSIP: 058498AV8<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     53000 | PA      | $51486.32     | 0.18%             | 2026-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Vector Group Ltd.                                                                  | Vector Group Ltd.                                                                  | CUSIP: 92240MBL1<br>LEI: 549300TUIF4WWN6NDN50 | Long             | DBT              | CORP              | US        |    118000 | PA      | $102636.40    | 0.36%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FXI Holdings, Inc.                                                                 | FXI Holdings, Inc.                                                                 | CUSIP: 35166FAA0<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |     68000 | PA      | $55760.00     | 0.20%             | 2026-11-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| Holly Energy Partners L.P./ Holly Energy Finance Corp.                             | Holly Energy Partners L.P./ Holly Energy Finance Corp.                             | CUSIP: 435765AH5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     42000 | PA      | $38338.95     | 0.13%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp.                                                           | SBA Communications Corp.                                                           | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |     61000 | PA      | $56394.04     | 0.20%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Michaels Cos., Inc. (The)                                                          | Michaels Cos., Inc. (The)                                                          | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |     36000 | PA      | $21352.50     | 0.07%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Strathcona Resources Ltd.                                                          | Strathcona Resources Ltd.                                                          | CUSIP: 86304TAA6<br>LEI: 549300YNIUISTSZMLF56 | Long             | DBT              | CORP              | CA        |     32000 | PA      | $27252.84     | 0.10%             | 2026-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc.                                                                    | Bombardier Inc.                                                                    | CUSIP: 097751BM2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     21000 | PA      | $21063.32     | 0.07%             | 2025-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                | Tenerity, LLC, Wts. expiring 04/10/2024                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |        39 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TransDigm Inc.                                                                     | TransDigm Inc.                                                                     | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    231000 | PA      | $230156.85    | 0.81%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Gulfport Energy Corp.                                                              | Gulfport Energy Corp.                                                              | CUSIP: 402635AQ9<br>LEI: 254900DJRGZBUZ3F5038 | Long             | DBT              | CORP              | US        |      1756 | PA      | $1752.44      | 0.01%             | 2026-05-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GrafTech Finance Inc.                                                              | GrafTech Finance Inc.                                                              | CUSIP: 384311AA4<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |     34000 | PA      | $28383.03     | 0.10%             | 2028-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Scientific Games Holdings LP/Scientific Games US FinCo Inc.                        | Scientific Games Holdings LP/Scientific Games US FinCo Inc.                        | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $28645.81     | 0.10%             | 2030-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                                 | CHS/Community Health Systems, Inc.                                                 | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     33000 | PA      | $16889.73     | 0.06%             | 2030-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                           | Service Properties Trust                                                           | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     78000 | PA      | $64334.99     | 0.23%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners, L.P.                                                       | EQM Midstream Partners, L.P.                                                       | CUSIP: 26885BAE0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     36000 | PA      | $27933.97     | 0.10%             | 2048-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Genesis Energy L.P./ Genesis Energy Finance Corp.                                  | Genesis Energy L.P./ Genesis Energy Finance Corp.                                  | CUSIP: 37185LAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    124000 | PA      | $118512.56    | 0.42%             | 2027-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Resorts World Las Vegas LLC / RWLV Capital Inc.                                    | Resorts World Las Vegas LLC / RWLV Capital Inc.                                    | CUSIP: 76120HAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $135594.19    | 0.48%             | 2031-04-06      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                                 | CHS/Community Health Systems, Inc.                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     86000 | PA      | $46165.66     | 0.16%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Patrick Industries Inc.                                                            | Patrick Industries Inc.                                                            | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    144000 | PA      | $113274.72    | 0.40%             | 2029-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Holdings, LLC                                              | Frontier Communications Holdings, LLC                                              | CUSIP: 35908MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     72000 | PA      | $57564.00     | 0.20%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners, L.P.                                                       | EQM Midstream Partners, L.P.                                                       | CUSIP: 26885BAC4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     64000 | PA      | $59379.20     | 0.21%             | 2028-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sylvamo Corp.                                                                      | Sylvamo Corp.                                                                      | CUSIP: 87133LAA8<br>LEI: 5493001AOYU1ZOWOC971 | Long             | DBT              | CORP              | US        |     76000 | PA      | $73854.52     | 0.26%             | 2029-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PG&E Corp.                                                                         | PG&E Corp.                                                                         | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     61000 | PA      | $55333.10     | 0.19%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                                                 | Seagate HDD Cayman                                                                 | CUSIP: 81180WBC4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    106000 | PA      | $87899.97     | 0.31%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Trinseo Materials Operating S.C.A. / Trinseo Materials Finance Inc.                | Trinseo Materials Operating S.C.A. / Trinseo Materials Finance Inc.                | CUSIP: 89668QAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     63000 | PA      | $40188.96     | 0.14%             | 2029-04-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                  | CSC Holdings, LLC                                                                  | CUSIP: 126307AH0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     58000 | PA      | $55958.98     | 0.20%             | 2024-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower LLC/Prime Finance, Inc.                           | Prime Security Services Borrower LLC/Prime Finance, Inc.                           | CUSIP: 74166MAC0<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |     96000 | PA      | $95154.72     | 0.33%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                                             | Mauser Packaging Solutions Holding Co.                                             | CUSIP: 12429TAE4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |     34000 | PA      | $31075.66     | 0.11%             | 2025-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                                                             | Intesa Sanpaolo S.p.A.                                                             | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $147672.08    | 0.52%             | 2032-06-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply, LLC                                                           | Talen Energy Supply, LLC                                                           | CUSIP: 87422VAF5<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    127000 | PA      | $130734.84    | 0.46%             | 2027-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Affinity Gaming                                                                    | Affinity Gaming                                                                    | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $146120.10    | 0.51%             | 2027-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                                                 | Newell Brands Inc.                                                                 | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    147000 | PA      | $138859.14    | 0.49%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Gap, Inc. (The)                                                                    | Gap, Inc. (The)                                                                    | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |     51000 | PA      | $38570.79     | 0.14%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PBF Holding Co. LLC / PBF Finance Corp.                                            | PBF Holding Co. LLC / PBF Finance Corp.                                            | CUSIP: 69318FAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $64706.20     | 0.23%             | 2025-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Banijay Entertainment                                                              | Banijay Entertainment                                                              | CUSIP: 060335AA4<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $189930.00    | 0.67%             | 2025-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Tri Pointe Homes, Inc.                                                             | Tri Pointe Homes, Inc.                                                             | CUSIP: 87265HAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $112705.00    | 0.40%             | 2027-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                         | Occidental Petroleum Corp.                                                         | CUSIP: 674599DC6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     88000 | PA      | $88117.04     | 0.31%             | 2026-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                                                       | United States Treasury Bills                                                       | CUSIP: 912796ZE2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     82000 | PA      | $80358.83     | 0.28%             | 2023-05-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PDC Energy, Inc.                                                                   | PDC Energy, Inc.                                                                   | CUSIP: 69327RAG6<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |     66000 | PA      | $65667.03     | 0.23%             | 2024-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Rayonier A.M. Products Inc.                                                        | Rayonier A.M. Products Inc.                                                        | CUSIP: 75508EAB4<br>LEI: 549300ZGRDDK1QM6MM16 | Long             | DBT              | CORP              | US        |    222000 | PA      | $209491.41    | 0.74%             | 2026-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Ferrellgas L.P./ Ferrellgas Finance Corp.                                          | Ferrellgas L.P./ Ferrellgas Finance Corp.                                          | CUSIP: 315289AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $50629.64     | 0.18%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services, Inc.                                                  | PennyMac Financial Services, Inc.                                                  | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     38000 | PA      | $30458.33     | 0.11%             | 2031-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                                                        | Caesars Entertainment, Inc.                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     37000 | PA      | $31036.34     | 0.11%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| W. R. Grace Holdings LLC                                                           | W. R. Grace Holdings LLC                                                           | CUSIP: 92943GAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     72000 | PA      | $59539.68     | 0.21%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.                     | Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.                     | CUSIP: 87470LAJ0<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |     65000 | PA      | $58905.93     | 0.21%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Algonquin Power & Utilities Corp.                                                  | Algonquin Power & Utilities Corp.                                                  | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |    162000 | PA      | $133144.56    | 0.47%             | 2082-01-18      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Ford Motor Co.                                                                     | Ford Motor Co.                                                                     | CUSIP: 345370BN9<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77109.75     | 0.27%             | 2025-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| INVESCO PRIVATE GOVERNMENT FUND                                                    | INVESCO PRIVATE GOVERNMENT FUND                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |     52598 | NS      | $52597.74     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                                     | Carnival Corp.                                                                     | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     74000 | PA      | $62489.67     | 0.22%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| US Foods, Inc.                                                                     | US Foods, Inc.                                                                     | CUSIP: 90290MAC5<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     72000 | PA      | $72760.68     | 0.26%             | 2025-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                                                             | Tenet Healthcare Corp.                                                             | CUSIP: 88033GCY4<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    151000 | PA      | $143523.99    | 0.50%             | 2026-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Coinbase Global, Inc.                                                              | Coinbase Global, Inc.                                                              | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    164000 | PA      | $96157.30     | 0.34%             | 2028-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.                     | Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.                     | CUSIP: 87470LAD3<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |    130000 | PA      | $118205.75    | 0.42%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Midcap Financial Issuer Trust                                                      | Midcap Financial Issuer Trust                                                      | CUSIP: 59590AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $160148.21    | 0.56%             | 2030-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Rolls-Royce PLC                                                                    | Rolls-Royce PLC                                                                    | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $190560.00    | 0.67%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Sprint LLC                                                                         | Sprint LLC                                                                         | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204496.59    | 0.72%             | 2024-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Photo Holdings Merger Sub, Inc.                                                    | Photo Holdings Merger Sub, Inc.                                                    | CUSIP: 719245AD4<br>LEI: 549300I1C8WJQ5FZE154 | Long             | DBT              | CORP              | US        |     65000 | PA      | $40131.98     | 0.14%             | 2026-10-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Ligado Networks LLC                                                                | Ligado Networks LLC                                                                | CUSIP: 53225HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     47328 | PA      | $14553.36     | 0.05%             | 2023-11-01      | Fixed         | 15.50%                | No            |                  2 | On Loan: No      |
| Steelcase Inc.                                                                     | Steelcase Inc.                                                                     | CUSIP: 858155AE4<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | DBT              | CORP              | US        |     45000 | PA      | $39564.10     | 0.14%             | 2029-01-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Century Communities, Inc.                                                          | Century Communities, Inc.                                                          | CUSIP: 156504AL6<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |     88000 | PA      | $85442.68     | 0.30%             | 2027-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Superior Energy Services, Inc.                                                     | Superior Energy Services, Inc.                                                     | CUSIP: 942HDG005<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       761 | NS      | $51367.50     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings, LLC                                                        | Macy's Retail Holdings, LLC                                                        | CUSIP: 55617LAR3<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     68000 | PA      | $60454.04     | 0.21%             | 2032-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MGM China Holdings Ltd.                                                            | MGM China Holdings Ltd.                                                            | CUSIP: 55300RAA9<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $196357.00    | 0.69%             | 2024-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                     | ZF North America Capital, Inc.                                                     | CUSIP: 98877DAC9<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145149.00    | 0.51%             | 2025-04-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Abercrombie & Fitch Management Co.                                                 | Abercrombie & Fitch Management Co.                                                 | CUSIP: 003000AA4<br>LEI: 5493003QMCFDA98NPT74 | Long             | DBT              | CORP              | US        |     97000 | PA      | $96633.83     | 0.34%             | 2025-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Rocc Holdings, LLC                                                                 | Rocc Holdings, LLC                                                                 | CUSIP: 70789PAA2<br>LEI: 6XOCUKRR0UU0LF5P1W14 | Long             | DBT              | CORP              | US        |     27000 | PA      | $27046.84     | 0.09%             | 2026-08-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                                                 | Seagate HDD Cayman                                                                 | CUSIP: 81180WBE0<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     61000 | PA      | $47221.02     | 0.17%             | 2031-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Intelligent Packaging Ltd. Finco Inc / Intelligent Packaging Ltd. Co-Issuer LLC    | Intelligent Packaging Ltd. Finco Inc / Intelligent Packaging Ltd. Co-Issuer LLC    | CUSIP: 45827MAA5<br>LEI: 549300D73EZIFX49H897 | Long             | DBT              | CORP              | CA        |     46000 | PA      | $37092.29     | 0.13%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                                                        | Caesars Entertainment, Inc.                                                        | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     83000 | PA      | $83429.94     | 0.29%             | 2027-07-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| United Wholesale Mortgage, LLC                                                     | United Wholesale Mortgage, LLC                                                     | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     99000 | PA      | $91878.44     | 0.32%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Berry Global, Inc.                                                                 | Berry Global, Inc.                                                                 | CUSIP: 08576PAA9<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     91000 | PA      | $87447.36     | 0.31%             | 2026-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Under Armour, Inc.                                                                 | Under Armour, Inc.                                                                 | CUSIP: 904311AA5<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |     68000 | PA      | $59930.44     | 0.21%             | 2026-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Directv Financing LLC / Directv Financing Co-Obligor Inc.                          | Directv Financing LLC / Directv Financing Co-Obligor Inc.                          | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    312000 | PA      | $286648.44    | 1.01%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Enviva Partners L.P./ Enviva Partners Finance Corp.                                | Enviva Partners L.P./ Enviva Partners Finance Corp.                                | CUSIP: 29413XAD9<br>LEI: 549300WH5VXDEFM5KR81 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47753.80     | 0.17%             | 2026-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                                                  | Cornerstone Building Brands, Inc.                                                  | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |     72000 | PA      | $48690.72     | 0.17%             | 2029-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| QVC, Inc.                                                                          | QVC, Inc.                                                                          | CUSIP: 747262AW3<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     78000 | PA      | $44600.79     | 0.16%             | 2034-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| TEGNA Inc.                                                                         | TEGNA Inc.                                                                         | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     83000 | PA      | $81224.23     | 0.29%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                 | T-Mobile USA, Inc.                                                                 | CUSIP: 87264ABR5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    135000 | PA      | $123770.37    | 0.43%             | 2026-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings, LLC                                                        | Macy's Retail Holdings, LLC                                                        | CUSIP: 55617LAQ5<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |    133000 | PA      | $120211.39    | 0.42%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New Home Co. Inc. (The)                                                            | New Home Co. Inc. (The)                                                            | CUSIP: 645370AC1<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80479.87     | 0.28%             | 2025-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                       | Royal Caribbean Cruises Ltd.                                                       | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     82000 | PA      | $84349.30     | 0.30%             | 2027-08-15      | Fixed         | 11.62%                | No            |                  2 | On Loan: No      |
| Icahn Enterprises L.P./ Icahn Enterprises Finance Corp.                            | Icahn Enterprises L.P./ Icahn Enterprises Finance Corp.                            | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92000 | PA      | $90924.52     | 0.32%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Prime Healthcare Services, Inc.                                                    | Prime Healthcare Services, Inc.                                                    | CUSIP: 74165HAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     61000 | PA      | $52201.97     | 0.18%             | 2025-11-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Veritas US Inc. / Veritas Bermuda Ltd.                                             | Veritas US Inc. / Veritas Bermuda Ltd.                                             | CUSIP: 92346LAE3<br>LEI: 549300RFUWCPWS8FQ104 | Long             | DBT              | CORP              | US        |    166000 | PA      | $118910.18    | 0.42%             | 2025-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Gannett Holdings LLC                                                               | Gannett Holdings LLC                                                               | CUSIP: 36474GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     43000 | PA      | $34340.61     | 0.12%             | 2026-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| American Airlines Pass-Through Trust                                               | American Airlines Pass-Through Trust, Series A                                     | CUSIP: 02376WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21431 | PA      | $17190.39     | 0.06%             | 2028-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Gap, Inc. (The)                                                                    | Gap, Inc. (The)                                                                    | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |     79000 | PA      | $60794.06     | 0.21%             | 2029-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: —       |
| Staples, Inc.                                                                      | Staples, Inc.                                                                      | CUSIP: 855030AN2<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |    146000 | PA      | $130497.72    | 0.46%             | 2026-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Corp.                                                            | Credit Acceptance Corp.                                                            | CUSIP: 225310AN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    139000 | PA      | $131439.74    | 0.46%             | 2024-12-31      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LSF9 Atlantis Holdings LLC / Victra Finance Corp.                                  | LSF9 Atlantis Holdings LLC / Victra Finance Corp.                                  | CUSIP: 50220MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    118000 | PA      | $109060.91    | 0.38%             | 2026-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Claire's Holdings LLC                                                              | Claire's Holdings LLC, Pfd.                                                        | CUSIP: 179584917<br>LEI: N/A                  | Long             | EP               | CORP              | US        |         5 | NS      | $1275.00      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Sunnova Energy Corp.                                                               | Sunnova Energy Corp.                                                               | CUSIP: 86745GAF0<br>LEI: 549300TH3GCD8YQUDR46 | Long             | DBT              | CORP              | US        |     92000 | PA      | $82468.80     | 0.29%             | 2026-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Harsco Corp.                                                                       | Harsco Corp.                                                                       | CUSIP: 415864AM9<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | DBT              | CORP              | US        |     65000 | PA      | $52596.38     | 0.18%             | 2027-07-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp.                | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp.                | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     96000 | PA      | $78591.20     | 0.28%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc.                            | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc.                            | CUSIP: 03969AAQ3<br>LEI: 6354001JXMLKNZDZR978 | Long             | DBT              | CORP              | XX        |    200000 | PA      | $192755.00    | 0.68%             | 2025-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Five Point Operating Co. L.P./ Five Point Capital Corp.                            | Five Point Operating Co. L.P./ Five Point Capital Corp.                            | CUSIP: 33834YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     42000 | PA      | $35761.95     | 0.13%             | 2025-11-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Moss Creek Resources Holdings, Inc.                                                | Moss Creek Resources Holdings, Inc.                                                | CUSIP: 61965RAB1<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |     94000 | PA      | $92590.00     | 0.33%             | 2027-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| ASG Finance DAC                                                                    | ASG Finance DAC                                                                    | CUSIP: 00217AAA4<br>LEI: 5493005UOB0OMEJ4WK10 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $192500.00    | 0.68%             | 2024-12-03      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Xerox Holdings Corp.                                                               | Xerox Holdings Corp.                                                               | CUSIP: 98421MAA4<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93150.00     | 0.33%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Likewize Corp.                                                                     | Likewize Corp.                                                                     | CUSIP: 10947XAA0<br>LEI: TF9O1XIG83ZLXX7WN472 | Long             | DBT              | CORP              | US        |     55000 | PA      | $50407.91     | 0.18%             | 2025-10-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Enstar Finance LLC                                                                 | Enstar Finance LLC                                                                 | CUSIP: 29360AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     71000 | PA      | $64289.23     | 0.23%             | 2040-09-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| MGM Resorts International                                                          | MGM Resorts International                                                          | CUSIP: 552953CG4<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     49000 | PA      | $48836.61     | 0.17%             | 2025-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Moss Creek Resources Holdings, Inc.                                                | Moss Creek Resources Holdings, Inc.                                                | CUSIP: 61965RAA3<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |     62000 | PA      | $57770.67     | 0.20%             | 2026-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                                       | MPH Acquisition Holdings LLC                                                       | CUSIP: 553283AC6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     70000 | PA      | $49281.75     | 0.17%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Weatherford International Ltd.                                                     | Weatherford International Ltd.                                                     | CUSIP: 947075AP2<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     16000 | PA      | $16435.26     | 0.06%             | 2024-12-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Tempur Sealy International, Inc.                                                   | Tempur Sealy International, Inc.                                                   | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    143000 | PA      | $118736.92    | 0.42%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Windstream Escrow LLC / Windstream Escrow Finance Corp.                            | Windstream Escrow LLC / Windstream Escrow Finance Corp.                            | CUSIP: 97382WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    123000 | PA      | $107775.68    | 0.38%             | 2028-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                                                       | Rockies Express Pipeline LLC                                                       | CUSIP: 77340RAS6<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     95000 | PA      | $88982.70     | 0.31%             | 2025-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Eco Material Technologies Inc.                                                     | Eco Material Technologies Inc.                                                     | CUSIP: 27900QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    118000 | PA      | $112430.40    | 0.39%             | 2027-01-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Weatherford International Ltd.                                                     | Weatherford International Ltd.                                                     | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |    106000 | PA      | $101780.67    | 0.36%             | 2030-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| INVESCO PRIVATE PRIME FUND                                                         | INVESCO PRIVATE PRIME FUND                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |    137893 | NS      | $137920.91    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| iHeartCommunications, Inc.                                                         | iHeartCommunications, Inc.                                                         | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     64671 | PA      | $57663.25     | 0.20%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Arcosa, Inc.                                                                       | Arcosa, Inc.                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |     34000 | PA      | $29605.00     | 0.10%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Crestwood Midstream Partners L.P./ Crestwood Midstream Finance Corp.               | Crestwood Midstream Partners L.P./ Crestwood Midstream Finance Corp.               | CUSIP: 226373AR9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $58183.02     | 0.20%             | 2029-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DPL Inc.                                                                           | DPL Inc.                                                                           | CUSIP: 233293AR0<br>LEI: 549300DCB0ZJQBPCO827 | Long             | DBT              | CORP              | US        |     46000 | PA      | $43387.12     | 0.15%             | 2025-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos. Inc.                                                            | Bausch Health Cos. Inc.                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    105000 | PA      | $64449.00     | 0.23%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                           | Service Properties Trust                                                           | CUSIP: 44106MAS1<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    159000 | PA      | $153178.23    | 0.54%             | 2024-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Co.                                                            | Southwestern Energy Co.                                                            | CUSIP: 845467AL3<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     71000 | PA      | $70365.26     | 0.25%             | 2025-01-23      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp.                                                                     | DISH DBS Corp.                                                                     | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $40646.25     | 0.14%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Arconic Corp.                                                                      | Arconic Corp.                                                                      | CUSIP: 03966VAB3<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78994.44     | 0.28%             | 2025-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Synovus Financial Corp.                                                            | Synovus Financial Corp.                                                            | CUSIP: 87161CAM7<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |     61000 | PA      | $59667.78     | 0.21%             | 2029-02-07      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners, L.P.                                                       | EQM Midstream Partners, L.P.                                                       | CUSIP: 26885BAN0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     29000 | PA      | $29290.00     | 0.10%             | 2030-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners, L.P.                                                       | EQM Midstream Partners, L.P.                                                       | CUSIP: 26885BAA8<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95662.00     | 0.34%             | 2024-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Caesars Resort Collection LLC / CRC Finco Inc.                                     | Caesars Resort Collection LLC / CRC Finco Inc.                                     | CUSIP: 12770RAA1<br>LEI: 549300V3UCT773B1KR38 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69258.70     | 0.24%             | 2025-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Akumin Escrow Inc.                                                                 | Akumin Escrow Inc.                                                                 | CUSIP: 01021FAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    150000 | PA      | $102624.00    | 0.36%             | 2028-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Michaels Cos., Inc. (The)                                                          | Michaels Cos., Inc. (The)                                                          | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |     66000 | PA      | $48425.85     | 0.17%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Navient Corp.                                                                      | Navient Corp.                                                                      | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     62000 | PA      | $50716.94     | 0.18%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chemours Co. (The)                                                                 | Chemours Co. (The)                                                                 | CUSIP: 163851AE8<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     54000 | PA      | $48930.21     | 0.17%             | 2027-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                                                              | United Airlines, Inc.                                                              | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    135000 | PA      | $125823.40    | 0.44%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NGL Energy Operating LLC / NGL Energy Finance Corp.                                | NGL Energy Operating LLC / NGL Energy Finance Corp.                                | CUSIP: 62922LAA6<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180872.36    | 0.64%             | 2026-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Par Pharmaceutical, Inc.                                                           | Par Pharmaceutical, Inc.                                                           | CUSIP: 69888XAA7<br>LEI: 549300KK5WR4MGN4YT97 | Long             | DBT              | CORP              | US        |    130000 | PA      | $98063.55     | 0.34%             | 2027-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WESCO Distribution, Inc.                                                           | WESCO Distribution, Inc.                                                           | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    107000 | PA      | $108472.86    | 0.38%             | 2025-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                                                    | Sabre GLBL Inc.                                                                    | CUSIP: 78573NAC6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |     44000 | PA      | $43957.54     | 0.15%             | 2025-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Avaya Inc.                                                                         | Avaya Inc.                                                                         | CUSIP: 053499AL3<br>LEI: J6LB5QIFSP2MFEFG4U76 | Long             | DBT              | CORP              | US        |     94000 | PA      | $41659.86     | 0.15%             | 2028-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Urban One, Inc.                                                                    | Urban One, Inc.                                                                    | CUSIP: 91705JAC9<br>LEI: 549300PLGIGPBRQUP240 | Long             | DBT              | CORP              | US        |     51000 | PA      | $43163.09     | 0.15%             | 2028-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                                               | IHO Verwaltungs GmbH                                                               | CUSIP: 44963BAD0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $170225.00    | 0.60%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                                           | Lumen Technologies, Inc.                                                           | CUSIP: 156700BD7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     38000 | PA      | $25802.95     | 0.09%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Terraform Global Operating L.P.                                                    | Terraform Global Operating L.P.                                                    | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |     44000 | PA      | $41225.36     | 0.14%             | 2026-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Carvana Co.                                                                        | Carvana Co.                                                                        | CUSIP: 146869AJ1<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     71000 | PA      | $30258.43     | 0.11%             | 2030-05-01      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Northriver Midstream Finance L.P.                                                  | Northriver Midstream Finance L.P.                                                  | CUSIP: 66679NAA8<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |     47000 | PA      | $44590.92     | 0.16%             | 2026-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| LABL, Inc.                                                                         | LABL, Inc.                                                                         | CUSIP: 50168AAB6<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52597.33     | 0.18%             | 2026-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Rithm Capital Corp.                                                                | Rithm Capital Corp.                                                                | CUSIP: 64828TAA0<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |    109000 | PA      | $98597.47     | 0.35%             | 2025-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Connect Finco S.a.r.l. / Connect US Finco LLC                                      | Connect Finco S.a.r.l. / Connect US Finco LLC                                      | CUSIP: 20752TAA2<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | XX        |    229000 | PA      | $216779.42    | 0.76%             | 2026-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| J.B. Poindexter & Co., Inc.                                                        | J.B. Poindexter & Co., Inc.                                                        | CUSIP: 730481AJ7<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |     90000 | PA      | $87093.45     | 0.31%             | 2026-04-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Masonite International Corp.                                                       | Masonite International Corp.                                                       | CUSIP: 575385AE9<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |     70000 | PA      | $54703.08     | 0.19%             | 2030-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Chemours Co. (The)                                                                 | Chemours Co. (The)                                                                 | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     54000 | PA      | $47493.00     | 0.17%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Domtar Corp.                                                                       | Domtar Corp.                                                                       | CUSIP: 70478JAA2<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |    143000 | PA      | $124875.47    | 0.44%             | 2028-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                                     | Carnival Corp.                                                                     | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    226000 | PA      | $168370.00    | 0.59%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Zayo Group Holdings, Inc.                                                          | Zayo Group Holdings, Inc.                                                          | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    113000 | PA      | $81121.57     | 0.28%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Murphy Oil Corp.                                                                   | Murphy Oil Corp.                                                                   | CUSIP: 626717AG7<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    110000 | PA      | $85948.09     | 0.30%             | 2042-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                                                 | Seagate HDD Cayman                                                                 | CUSIP: 81180WBF7<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    100000 | PA      | $77795.62     | 0.27%             | 2029-07-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                         | Occidental Petroleum Corp.                                                         | CUSIP: 674599CW3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    184000 | PA      | $176939.92    | 0.62%             | 2024-08-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| EnfraGen Energia Sur S.A. / EnfraGen Spain S.A. / Prime Energia S.p.A.             | EnfraGen Energia Sur S.A. / EnfraGen Spain S.A. / Prime Energia S.p.A.             | CUSIP: 29280LAA1<br>LEI: 2549002TO75PYMY3VY07 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $132950.72    | 0.47%             | 2030-12-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Emergent BioSolutions Inc.                                                         | Emergent BioSolutions Inc.                                                         | CUSIP: 29089QAC9<br>LEI: 549300YW6TUOX8BE5103 | Long             | DBT              | CORP              | US        |     74000 | PA      | $33418.03     | 0.12%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Travel + Leisure Co.                                                               | Travel + Leisure Co.                                                               | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    174000 | PA      | $163443.75    | 0.57%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hawaiian Brand Intellectual Property Ltd. / HawaiianMiles Loyalty Ltd.             | Hawaiian Brand Intellectual Property Ltd. / HawaiianMiles Loyalty Ltd.             | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     82000 | PA      | $77816.77     | 0.27%             | 2026-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kaiser Aluminum Corp.                                                              | Kaiser Aluminum Corp.                                                              | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39000 | PA      | $32999.27     | 0.12%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Specialty Building Products Holdings LLC / SBP Finance Corp.                       | Specialty Building Products Holdings LLC / SBP Finance Corp.                       | CUSIP: 84749AAA5<br>LEI: 549300ICFD46O3KMJC06 | Long             | DBT              | CORP              | US        |     64000 | PA      | $52976.66     | 0.19%             | 2026-09-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Corecivic, Inc.                                                                    | Corecivic, Inc.                                                                    | CUSIP: 21871NAA9<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63159.30     | 0.22%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| G-III Apparel Group, Ltd.                                                          | G-III Apparel Group, Ltd.                                                          | CUSIP: 36237HAA9<br>LEI: 529900O5KABM3R3SFM87 | Long             | DBT              | CORP              | US        |     66000 | PA      | $64058.61     | 0.22%             | 2025-08-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                                                       | Diversified Healthcare Trust                                                       | CUSIP: 25525PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $32810.72     | 0.12%             | 2025-06-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Standard Industries, Inc.                                                          | Standard Industries, Inc.                                                          | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     65000 | PA      | $49930.70     | 0.18%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Sunoco L.P.and Sunoco Finance Corp.                                                | Sunoco L.P.and Sunoco Finance Corp.                                                | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $44314.41     | 0.16%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Patterson-UTI Energy, Inc.                                                         | Patterson-UTI Energy, Inc.                                                         | CUSIP: 703481AC5<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |     65000 | PA      | $58254.53     | 0.20%             | 2029-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                                            | American Airlines, Inc.                                                            | CUSIP: 023771S58<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    101000 | PA      | $112297.14    | 0.39%             | 2025-07-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Enact Holdings, Inc.                                                               | Enact Holdings, Inc.                                                               | CUSIP: 37255LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $87625.35     | 0.31%             | 2025-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corp.                                                             | Freedom Mortgage Corp.                                                             | CUSIP: 35640YAF4<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     47000 | PA      | $40506.48     | 0.14%             | 2026-05-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Masonite International Corp.                                                       | Masonite International Corp.                                                       | CUSIP: 575385AD1<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $72577.28     | 0.25%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                  | CSC Holdings, LLC                                                                  | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $156171.00    | 0.55%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                                              | Cleveland-Cliffs Inc.                                                              | CUSIP: 185899AG6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     61000 | PA      | $61238.82     | 0.22%             | 2026-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Rite Aid Corp.                                                                     | Rite Aid Corp.                                                                     | CUSIP: 767754CK8<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |     56000 | PA      | $42172.74     | 0.15%             | 2025-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TreeHouse Foods, Inc.                                                              | TreeHouse Foods, Inc.                                                              | CUSIP: 89469AAD6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |     23000 | PA      | $19629.47     | 0.07%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Foot Locker, Inc.                                                                  | Foot Locker, Inc.                                                                  | CUSIP: 344849AA2<br>LEI: 549300X383CBNP6MTV94 | Long             | DBT              | CORP              | US        |     76000 | PA      | $62803.36     | 0.22%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAT Holdings I LLC / HAT Holdings II LLC                                           | HAT Holdings I LLC / HAT Holdings II LLC                                           | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $52268.10     | 0.18%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Claire's Stores Inc.                                                               | Claire's Stores Inc., First Lien Term Loan                                         | CUSIP: 17958DAL1<br>LEI: 549300N5HNYXI6JY7625 | Long             | LON              | CORP              | US        |     12266 | PA      | $11177.57     | 0.04%             | 2026-12-18      | Floating      | 10.57%                | No            |                  2 | On Loan: No      |
| NuStar Logistics, L.P.                                                             | NuStar Logistics, L.P.                                                             | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     52000 | PA      | $48983.58     | 0.17%             | 2027-04-28      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications, Inc.                                                         | iHeartCommunications, Inc.                                                         | CUSIP: 45174HBC0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     97229 | PA      | $92123.28     | 0.32%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp.                                                                     | DISH DBS Corp.                                                                     | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     98000 | PA      | $64680.00     | 0.23%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Banco Mercantil del Norte, S.A.                                                    | Banco Mercantil del Norte, S.A.                                                    | CUSIP: 05971PAB4<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    160000 | PA      | $140382.40    | 0.49%             | N/A             | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Xerox Holdings Corp.                                                               | Xerox Holdings Corp.                                                               | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |     65000 | PA      | $52393.25     | 0.18%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                                                 | Seagate HDD Cayman                                                                 | CUSIP: 81180WBD2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     92000 | PA      | $72031.36     | 0.25%             | 2031-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| JELD-WEN, Inc.                                                                     | JELD-WEN, Inc.                                                                     | CUSIP: 475795AC4<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     66000 | PA      | $56041.59     | 0.20%             | 2025-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Navient Corp.                                                                      | Navient Corp.                                                                      | CUSIP: 63938CAB4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    101000 | PA      | $98249.60     | 0.35%             | 2024-10-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource, Inc.                                                         | Builders FirstSource, Inc.                                                         | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    104000 | PA      | $84480.80     | 0.30%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JELD-WEN, Inc.                                                                     | JELD-WEN, Inc.                                                                     | CUSIP: 475795AD2<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     49000 | PA      | $38446.87     | 0.14%             | 2027-12-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Taylor Morrison Communities, Inc.                                                  | Taylor Morrison Communities, Inc.                                                  | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    128000 | PA      | $119135.40    | 0.42%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                       | Royal Caribbean Cruises Ltd.                                                       | CUSIP: 780153AZ5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    152000 | PA      | $163211.52    | 0.57%             | 2025-06-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| C&S Group Enterprises LLC                                                          | C&S Group Enterprises LLC                                                          | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $111773.90    | 0.39%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Open Text Corp.                                                                    | Open Text Corp.                                                                    | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $160046.74    | 0.56%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                                                       | Rockies Express Pipeline LLC                                                       | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     98000 | PA      | $81764.83     | 0.29%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Corecivic, Inc.                                                                    | Corecivic, Inc.                                                                    | CUSIP: 21871NAB7<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |     83000 | PA      | $84886.47     | 0.30%             | 2026-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| NFP Corp.                                                                          | NFP Corp.                                                                          | CUSIP: 65342RAD2<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |     96000 | PA      | $81331.68     | 0.29%             | 2028-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ACCO Brands Corp.                                                                  | ACCO Brands Corp.                                                                  | CUSIP: 00081TAK4<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20911.38     | 0.07%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                       | Royal Caribbean Cruises Ltd.                                                       | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     83000 | PA      | $67845.03     | 0.24%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Seaspan Corp.                                                                      | Seaspan Corp.                                                                      | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |     38000 | PA      | $29323.08     | 0.10%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Camelot Return Merger Sub, Inc.                                                    | Camelot Return Merger Sub, Inc.                                                    | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $50460.48     | 0.18%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| LGI Homes, Inc.                                                                    | LGI Homes, Inc.                                                                    | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    187000 | PA      | $141513.69    | 0.50%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners, L.P.                                                       | EQM Midstream Partners, L.P.                                                       | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52608.66     | 0.18%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co.                                                              | Kraft Heinz Foods Co.                                                              | CUSIP: 50077LBC9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |      1000 | PA      | $964.95       | 0.00%             | 2027-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp.                                                                     | DISH DBS Corp.                                                                     | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    124000 | PA      | $104050.26    | 0.37%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                                      | Univision Communications Inc.                                                      | CUSIP: 914906AS1<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    122000 | PA      | $117892.87    | 0.41%             | 2025-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                | U.S. Treasury Ultra Bonds Future                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |         1 | NC      | $1828.12      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL Corp. Ltd.                                                                     | NCL Corp. Ltd.                                                                     | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     64000 | PA      | $52583.12     | 0.18%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| USA Compression Partners L.P./ USA Compression Finance Corp.                       | USA Compression Partners L.P./ USA Compression Finance Corp.                       | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    112000 | PA      | $107415.28    | 0.38%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Artera Services, LLC                                                               | Artera Services, LLC                                                               | CUSIP: 73939VAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62518.13     | 0.22%             | 2025-12-04      | Fixed         | 9.03%                 | No            |                  2 | On Loan: No      |
| PM General Purchaser LLC                                                           | PM General Purchaser LLC                                                           | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31000 | PA      | $27246.31     | 0.10%             | 2028-10-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Unisys Corp.                                                                       | Unisys Corp.                                                                       | CUSIP: 909214BV9<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |     39000 | PA      | $28039.44     | 0.10%             | 2027-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                | U.S. Treasury 10 Year Ultra Future                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |         6 | NC      | $5109.37      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp.                                                              | Las Vegas Sands Corp.                                                              | CUSIP: 517834AH0<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184826.07    | 0.65%             | 2025-06-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Jaguar Land Rover Automotive PLC                                                   | Jaguar Land Rover Automotive PLC                                                   | CUSIP: 47010BAK0<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $154392.00    | 0.54%             | 2028-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Steel Corp.                                                          | United States Steel Corp.                                                          | CUSIP: 912909AU2<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31247.36     | 0.11%             | 2029-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Cedar Fair L.P./ Canada's Wonderland Co. / Magnum Management Corp.                 | Cedar Fair L.P./ Canada's Wonderland Co. / Magnum Management Corp.                 | CUSIP: 150190AF3<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39926.60     | 0.14%             | 2025-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                                                       | Rockies Express Pipeline LLC                                                       | CUSIP: 77340RAT4<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     68000 | PA      | $57973.07     | 0.20%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Clarios Global L.P./ Clarios US Finance Co.                                        | Clarios Global L.P./ Clarios US Finance Co.                                        | CUSIP: 69867DAC2<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | XX        |     93000 | PA      | $91135.53     | 0.32%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Telecom Italia S.p.A.                                                              | Telecom Italia S.p.A.                                                              | CUSIP: 87927YAA0<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    305000 | PA      | $295814.93    | 1.04%             | 2024-05-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Infrabuild Australia Pty Ltd.                                                      | Infrabuild Australia Pty Ltd.                                                      | CUSIP: 45682RAA8<br>LEI: 549300W2CPB5W6GFH859 | Long             | DBT              | CORP              | AU        |     69000 | PA      | $67035.92     | 0.24%             | 2024-10-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Herbalife Nutrition Ltd. / HLF Financing Inc.                                      | Herbalife Nutrition Ltd. / HLF Financing Inc.                                      | CUSIP: 42704MAA0<br>LEI: 549300BA7TYPBSZZIA41 | Long             | DBT              | CORP              | XX        |     76000 | PA      | $69312.76     | 0.24%             | 2025-09-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Enerflex Ltd.                                                                      | Enerflex Ltd.                                                                      | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |     67000 | PA      | $66271.38     | 0.23%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Standard Industries, Inc.                                                          | Standard Industries, Inc.                                                          | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     41000 | PA      | $37219.80     | 0.13%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Diamond Sports Group LLC / Diamond Sports Finance Co.                              | Diamond Sports Group LLC / Diamond Sports Finance Co.                              | CUSIP: 25277LAA4<br>LEI: 5493002K6DHWNZH8YA34 | Long             | DBT              | CORP              | US        |     94000 | PA      | $5290.69      | 0.02%             | 2026-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc.                                                            | AthenaHealth Group Inc.                                                            | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    109000 | PA      | $81761.66     | 0.29%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                  | CSC Holdings, LLC                                                                  | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $136511.00    | 0.48%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                              | OneMain Finance Corp.                                                              | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     95000 | PA      | $92150.00     | 0.32%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings, LLC                                                        | Macy's Retail Holdings, LLC                                                        | CUSIP: 55617LAP7<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     68000 | PA      | $63330.44     | 0.22%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                     | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                     | CUSIP: 01883LAA1<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |     32000 | PA      | $29520.00     | 0.10%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| New Fortress Energy Inc.                                                           | New Fortress Energy Inc.                                                           | CUSIP: 644393AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $116136.00    | 0.41%             | 2026-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc.                                                             | GFL Environmental Inc.                                                             | CUSIP: 36168QAJ3<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    170000 | PA      | $162096.29    | 0.57%             | 2025-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Standard Industries, Inc.                                                          | Standard Industries, Inc.                                                          | CUSIP: 853496AC1<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     91000 | PA      | $83873.47     | 0.29%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Fortress Energy Inc.                                                           | New Fortress Energy Inc.                                                           | CUSIP: 644393AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $156532.80    | 0.55%             | 2025-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VOC Escrow Ltd.                                                                    | VOC Escrow Ltd.                                                                    | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    151000 | PA      | $130379.44    | 0.46%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sally Holdings LLC / Sally Capital Inc.                                            | Sally Holdings LLC / Sally Capital Inc.                                            | CUSIP: 79546VAL0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     94000 | PA      | $90087.72     | 0.32%             | 2025-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                           | Service Properties Trust                                                           | CUSIP: 44106MAZ5<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     72000 | PA      | $67307.04     | 0.24%             | 2024-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Par Petroleum LLC / Par Petroleum Finance Corp.                                    | Par Petroleum LLC / Par Petroleum Finance Corp.                                    | CUSIP: 69889MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     83000 | PA      | $81504.76     | 0.29%             | 2025-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Invesco High Yield Bond Factor ETF                                                 | Invesco High Yield Bond Factor ETF                                                 | CUSIP: 46090A853<br>LEI: 549300RW20HYQZ1T7698 | Long             | EC               | RF                | US        |     43455 | NS      | $934352.03    | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilcorp Energy I, L.P.                                                             | Hilcorp Energy I, L.P.                                                             | CUSIP: 431318AU8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |     73000 | PA      | $66995.17     | 0.24%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Aramark Services, Inc.                                                             | Aramark Services, Inc.                                                             | CUSIP: 038522AR9<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    109000 | PA      | $108939.51    | 0.38%             | 2025-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Nordstrom, Inc.                                                                    | Nordstrom, Inc.                                                                    | CUSIP: 655664AH3<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    115000 | PA      | $110030.87    | 0.39%             | 2028-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                         | Occidental Petroleum Corp.                                                         | CUSIP: 674599DZ5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     57000 | PA      | $62202.68     | 0.22%             | 2027-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Carnival Holdings Bermuda Ltd.                                                     | Carnival Holdings Bermuda Ltd.                                                     | CUSIP: 14366RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $130346.25    | 0.46%             | 2028-05-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Xerox Corp.                                                                        | Xerox Corp.                                                                        | CUSIP: 984121CB7<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |    128000 | PA      | $98858.71     | 0.35%             | 2039-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                                     | Carnival Corp.                                                                     | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    117000 | PA      | $83218.59     | 0.29%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Premier Entertainment Sub LLC / Premier Entertainment Finance Corp.                | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp.                | CUSIP: 74052HAA2<br>LEI: 549300KRDMIL2NJVZ267 | Long             | DBT              | CORP              | US        |    143000 | PA      | $114658.83    | 0.40%             | 2029-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC / Acrisure Finance Inc.                                               | Acrisure LLC / Acrisure Finance Inc.                                               | CUSIP: 00489LAF0<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |    200000 | PA      | $163416.44    | 0.57%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                                          | Ford Motor Credit Co. LLC                                                          | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182707.00    | 0.64%             | 2027-08-17      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Summit Midstream Holdings LLC / Summit Midstream Finance Corp.                     | Summit Midstream Holdings LLC / Summit Midstream Finance Corp.                     | CUSIP: 86614WAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     62000 | PA      | $59582.09     | 0.21%             | 2026-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Harvest Midstream I, L.P.                                                          | Harvest Midstream I, L.P.                                                          | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    130000 | PA      | $124657.65    | 0.44%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                                        | Crescent Energy Finance LLC                                                        | CUSIP: 45344LAA1<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     95000 | PA      | $91824.15     | 0.32%             | 2026-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Murray Energy Corp.                                                                | Murray Energy Corp.                                                                | CUSIP: N/A<br>LEI: 549300WM5IIFYHZYTT63       | Long             | EC               | CORP              | US        |       232 | NS      | $23818.63     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Spirit AeroSystems, Inc.                                                           | Spirit AeroSystems, Inc.                                                           | CUSIP: 85205TAL4<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |     78000 | PA      | $77285.52     | 0.27%             | 2025-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** AIM Investment Securities Funds (Invesco Investment Securities Funds)

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** President